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The differences between owner/managers and co-managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an owner/manager and a co-manager. Additionally, an owner/manager has an average salary of $75,822, which is higher than the $64,962 average annual salary of a co-manager.
The top three skills for an owner/manager include financial statements, inventory control and customer service. The most important skills for a co-manager are payroll, customer service, and food safety.
| Owner/Manager | Co-Manager | |
| Yearly salary | $75,822 | $64,962 |
| Hourly rate | $36.45 | $31.23 |
| Growth rate | 6% | 6% |
| Number of jobs | 303,790 | 258,234 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 53% | Bachelor's Degree, 52% |
| Average age | 44 | 43 |
| Years of experience | 6 | 6 |
Owners/managers are responsible for establishing a business and managing the operations once the business is running. They plan and make sure that the company has adequate financing. They also handle the initial marketing to get customers. Owners/mangers handle human resources activities, such as hiring and training employees. Once the business has launched, they start delegating activities to other employees and may also start assigning leaders to different departments. However, they still oversee the whole operation. Owners/managers are the top decision-makers and ensure that business strategies align with the goals.
A co-manager's role is to supervise business operations and perform administrative tasks as support to a manager. One of the primary functions of a co-manager is to delegate tasks of team members and arrange schedules. They also evaluate progress, produce the necessary documentation, maintain a record of data, identify issues and opportunities, and assist in coordinating with other employees. A co-manager may also have the task of hiring and training new workforce members, enforcing policies and regulations at all times.
Owner/managers and co-managers have different pay scales, as shown below.
| Owner/Manager | Co-Manager | |
| Average salary | $75,822 | $64,962 |
| Salary range | Between $44,000 And $129,000 | Between $35,000 And $119,000 |
| Highest paying City | - | New York, NY |
| Highest paying state | - | Massachusetts |
| Best paying company | - | GUESS |
| Best paying industry | - | Retail |
There are a few differences between an owner/manager and a co-manager in terms of educational background:
| Owner/Manager | Co-Manager | |
| Most common degree | Bachelor's Degree, 53% | Bachelor's Degree, 52% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | SUNY College of Technology at Delhi |
Here are the differences between owner/managers' and co-managers' demographics:
| Owner/Manager | Co-Manager | |
| Average age | 44 | 43 |
| Gender ratio | Male, 59.0% Female, 41.0% | Male, 44.3% Female, 55.7% |
| Race ratio | Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.7% American Indian and Alaska Native, 0.5% | Black or African American, 8.8% Unknown, 4.7% Hispanic or Latino, 16.8% Asian, 7.1% White, 62.0% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 10% | 9% |