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The differences between owners and presidents 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. Additionally, a president has an average salary of $192,329, 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 are financial statements, product development, and R.
| Owner | President | |
| Yearly salary | $90,334 | $192,329 |
| Hourly rate | $43.43 | $92.47 |
| Growth rate | 6% | 6% |
| Number of jobs | 86,486 | 49,413 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 71% |
| 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.
Presidents are usually the highest-level executives in an organization. They oversee the whole company. They identify clear goals and provide strategic direction as the company works towards the achievement of their overall vision. Presidents are the decision-makers in the company. They make crucial decisions to ensure that the company continues to grow and survives challenges that come their way. They are expected to consider all stakeholders, from the board of directors and employees to the customers in their decision-making process. Presidents also represent the company in external functions, especially during high-level events. As such, they are expected to be professional, well-mannered, and good communicators.
Owners and presidents have different pay scales, as shown below.
| Owner | President | |
| Average salary | $90,334 | $192,329 |
| Salary range | Between $60,000 And $135,000 | Between $114,000 And $323,000 |
| Highest paying City | New York, NY | New York, NY |
| Highest paying state | New Jersey | New York |
| Best paying company | BP America Inc | UnitedHealth Group |
| Best paying industry | - | - |
There are a few differences between an owner and a president in terms of educational background:
| Owner | President | |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between owners' and presidents' demographics:
| Owner | President | |
| Average age | 52 | 52 |
| Gender ratio | Male, 63.1% Female, 36.9% | Male, 64.5% Female, 35.5% |
| 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, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.8% White, 76.0% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |