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The differences between presidents and president & 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 president & chief operating officer. Additionally, a president & chief operating officer has an average salary of $211,982, which is higher than the $192,329 average annual salary of a president.
The top three skills for a president include financial statements, product development and R. The most important skills for a president & chief operating officer are financial performance, revenue growth, and product development.
| President | President & Chief Operating Officer | |
| Yearly salary | $192,329 | $211,982 |
| Hourly rate | $92.47 | $101.91 |
| Growth rate | 6% | 6% |
| Number of jobs | 49,413 | 130,349 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 69% |
| 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 president/chief operating officer is responsible for monitoring the overall daily business operations and implementing corporate decisions for the company and its people's best interests. Presidents/chief operating officers regularly meet with the key executives and business partners to share corporate updates and strategize techniques to improve functions and increase the brand's image in the market. They review financial performance and reports, conduct data and statistical analysis, and lead initiatives that would increase the company's productivity and efficiency.
Presidents and president & chief operating officers have different pay scales, as shown below.
| President | President & Chief Operating Officer | |
| Average salary | $192,329 | $211,982 |
| Salary range | Between $114,000 And $323,000 | Between $114,000 And $391,000 |
| Highest paying City | New York, NY | Las Vegas, NV |
| Highest paying state | New York | Nevada |
| Best paying company | UnitedHealth Group | Global Atlantic Financial Group Limited |
| Best paying industry | - | Construction |
There are a few differences between a president and a president & chief operating officer in terms of educational background:
| President | President & Chief Operating Officer | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between presidents' and president & chief operating officers' demographics:
| President | President & Chief Operating Officer | |
| Average age | 52 | 52 |
| Gender ratio | Male, 64.5% Female, 35.5% | Male, 86.1% Female, 13.9% |
| 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, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.7% White, 76.1% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |