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The differences between presidents and chief operating 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 a president and a chief operating officer. Additionally, a president has an average salary of $192,329, which is higher than the $136,604 average annual salary of a chief operating officer.
The top three skills for a president include financial statements, product development and R. The most important skills for a chief operating officer are healthcare, customer service, and oversight.
| President | Chief Operating Officer | |
| Yearly salary | $192,329 | $136,604 |
| Hourly rate | $92.47 | $65.67 |
| Growth rate | 6% | 6% |
| Number of jobs | 49,413 | 128,993 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 65% |
| Average age | 52 | 52 |
| Years of experience | - | - |
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.
A chief operating officer, also known as a COO, is a high-ranking official who oversees a company or organization's daily administrative and overall operations. They are typically the second in the chain of command, reporting directly to the company's chief executive officer, also known as a CEO. Among their duties include developing strategies and guidelines, reviewing reports, performing assessments, and implementing the company's policies, standards, and regulations. Additionally, they lead and empower staff to reach goals, helping solve issues and concerns when any arise.
Presidents and chief operating officers have different pay scales, as shown below.
| President | Chief Operating Officer | |
| Average salary | $192,329 | $136,604 |
| Salary range | Between $114,000 And $323,000 | Between $81,000 And $229,000 |
| Highest paying City | New York, NY | Jersey City, NJ |
| Highest paying state | New York | New Jersey |
| Best paying company | UnitedHealth Group | Baker McKenzie |
| Best paying industry | - | Manufacturing |
There are a few differences between a president and a chief operating officer in terms of educational background:
| President | Chief Operating Officer | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between presidents' and chief operating officers' demographics:
| President | Chief Operating Officer | |
| Average age | 52 | 52 |
| Gender ratio | Male, 64.5% Female, 35.5% | Male, 76.6% Female, 23.4% |
| Race ratio | 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% | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.5% Asian, 7.5% White, 76.8% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |