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The differences between owner and chief executive officers and vice president and managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes More than 10 years to become both an owner and chief executive officer and a vice president and manager. Additionally, a vice president and manager has an average salary of $142,496, which is higher than the $91,613 average annual salary of an owner and chief executive officer.
The top three skills for an owner and chief executive officer include web design, payroll and financial management. The most important skills for a vice president and manager are customer service, financial statements, and real estate.
| Owner And Chief Executive Officer | Vice President And Manager | |
| Yearly salary | $91,613 | $142,496 |
| Hourly rate | $44.04 | $68.51 |
| Growth rate | 6% | 6% |
| Number of jobs | 198,481 | 45,981 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 73% |
| Average age | 52 | 52 |
| Years of experience | - | - |
A business owner can function as the chief executive officer (CEO) of his/her /her own company. Primarily, business owners derive their income or profit from business operations regardless of whether they are participating in its management. A CEO can be a paid executive whose primary job is to guide a company's day-to-day business activities. Owners are responsible for overseeing their company's ongoing evolution while a CEO's primary role is to control these activities. The CEO also develops strategies and tactics and communicates the company's direction to both employees and managers.
A vice president/manager is responsible for monitoring the operations of the organization's departments, ensuring the completion of all tasks accurately to achieve business goals and client satisfaction. A vice president/manager often attends board meetings to share updates, identify business opportunities, and develop strategical procedures on improving the company's project management system. They also monitor budget goals and develop sales initiatives to boost the company's profitability. A vice president/manager must have excellent leadership and communication skills, as well as strong decision-making skills to make company decisions for overall development.
Owner and chief executive officers and vice president and managers have different pay scales, as shown below.
| Owner And Chief Executive Officer | Vice President And Manager | |
| Average salary | $91,613 | $142,496 |
| Salary range | Between $65,000 And $127,000 | Between $102,000 And $198,000 |
| Highest paying City | - | Seattle, WA |
| Highest paying state | - | Washington |
| Best paying company | - | McCormack Baron Salazar |
| Best paying industry | - | Finance |
There are a few differences between an owner and chief executive officer and a vice president and manager in terms of educational background:
| Owner And Chief Executive Officer | Vice President And Manager | |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between owner and chief executive officers' and vice president and managers' demographics:
| Owner And Chief Executive Officer | Vice President And Manager | |
| Average age | 52 | 52 |
| Gender ratio | Male, 68.8% Female, 31.2% | Male, 67.8% Female, 32.2% |
| Race ratio | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.5% White, 76.8% American Indian and Alaska Native, 0.6% | Black or African American, 3.6% Unknown, 3.9% Hispanic or Latino, 7.5% Asian, 7.4% White, 77.0% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |