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The differences between owners and president/chief executive officers 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 a president/chief executive officer. Additionally, a president/chief executive officer has an average salary of $240,732, which is higher than the $90,334 average annual salary of an owner.
The top three skills for an owner include customer service, payroll and financial statements. The most important skills for a president/chief executive officer are financial management, revenue growth, and R.
| Owner | President/Chief Executive Officer | |
| Yearly salary | $90,334 | $240,732 |
| Hourly rate | $43.43 | $115.74 |
| Growth rate | 6% | 6% |
| Number of jobs | 86,486 | 163,378 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 64% |
| Average age | 52 | 52 |
| Years of experience | - | - |
Owners, in the most basic sense, own the business, company, or organization. They are responsible for building the business. They create business plans and the general vision and mission of the company, set goals, work on these goals, and ensure that the business keeps running. They manage all aspects of their business, from finances to marketing to people, etc. When the business becomes stable, owners eventually hire more employees. As such, owners also become overseers who would ensure that the organization remains afloat.
Considered as the highest authority in a company, a president/chief executive officer is in charge of leading the company by implementing corporate decisions and shaping the organization to its fullest extent. They must craft strategic plans and guidelines, enforce policies and standards, direct the vision and mission, and address the public as the head of the company. Furthermore, a president/chief executive officer must maintain an active line of communication at all times as they must report to a board of directors and coordinate with other company employees.
Owners and president/chief executive officers have different pay scales, as shown below.
| Owner | President/Chief Executive Officer | |
| Average salary | $90,334 | $240,732 |
| Salary range | Between $60,000 And $135,000 | Between $134,000 And $429,000 |
| Highest paying City | New York, NY | Washington, DC |
| Highest paying state | New Jersey | New Jersey |
| Best paying company | BP America Inc | Better Homes and Gardens Real Estate |
| Best paying industry | - | Finance |
There are a few differences between an owner and a president/chief executive officer in terms of educational background:
| Owner | President/Chief Executive Officer | |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 64% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between owners' and president/chief executive officers' demographics:
| Owner | President/Chief Executive Officer | |
| Average age | 52 | 52 |
| Gender ratio | Male, 63.1% Female, 36.9% | Male, 78.9% Female, 21.1% |
| Race ratio | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.5% White, 76.7% American Indian and Alaska Native, 0.6% | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.7% Asian, 7.6% White, 76.5% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |