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President/owner vs manager

The differences between president/owners and managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a president/owner and a manager. Additionally, a president/owner has an average salary of $114,992, which is higher than the $58,651 average annual salary of a manager.

The top three skills for a president/owner include financial statements, payroll and product development. The most important skills for a manager are customer service, payroll, and food safety.

President/owner vs manager overview

President/OwnerManager
Yearly salary$114,992$58,651
Hourly rate$55.28$28.20
Growth rate6%6%
Number of jobs83,3141,236,194
Job satisfaction-4.57
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 49%
Average age4444
Years of experience66

What does a president/owner do?

A President or Owner can have varying responsibilities depending on the organization or company that they operate. However, most of the time, they are the leaders who oversee the entire function and revenues in their business, including the hiring and management process. The President and Owner can also be the face of a company, often appearing to address and communicate to the public. Furthermore, they are responsible for implementing guidelines that would drive the company towards its vision and mission.

What does a manager do?

Managers are responsible for a specific department, function, or employee group. They oversee their assigned departments and all the employees under the department. Managers are responsible that the department they are handling is functioning well. They set the department goals and the steps they must take to achieve the goals. They are also in charge of assessing the performance of their departments and their employees. Additionally, managers are responsible for interviewing prospective candidates for department vacancies and assessing their fit to the needs of the department. Managers also set the general working environment in the department, and they are expected to ensure that their employees remain motivated.

President/owner vs manager salary

President/owners and managers have different pay scales, as shown below.

President/OwnerManager
Average salary$114,992$58,651
Salary rangeBetween $76,000 And $172,000Between $37,000 And $92,000
Highest paying City--
Highest paying state-New Jersey
Best paying company--
Best paying industry-Finance

Differences between president/owner and manager education

There are a few differences between a president/owner and a manager in terms of educational background:

President/OwnerManager
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 49%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

President/owner vs manager demographics

Here are the differences between president/owners' and managers' demographics:

President/OwnerManager
Average age4444
Gender ratioMale, 75.8% Female, 24.2%Male, 51.0% Female, 49.0%
Race ratioBlack 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, 6.3% Unknown, 4.3% Hispanic or Latino, 15.5% Asian, 6.4% White, 67.0% American Indian and Alaska Native, 0.5%
LGBT Percentage10%10%

Differences between president/owner and manager duties and responsibilities

President/owner example responsibilities.

  • Manage business functions: payroll, A/P, A/R, taxes, business direction, and negotiate contracts.
  • Manage and maintain business/banking/ordering/scheduling/event coordination and payroll weekly.
  • Oversee financial reporting and analysis, costing, budgeting, A/P, A/R, collections, fix assets, etc.
  • Assist with clients' selections and have immense knowledge of paint, tile, flooring, windows, cabinets, doors ...
  • Obtain and complete the documentation necessary to form the LLC and vendor licensing to do business in the state of Ohio.
  • Conduct yearly meetings and product presentations directly to LLC stakeholders.
  • Show more

Manager example responsibilities.

  • Manage both BOH and FOH operations exceeding company specifications.
  • Manage logistics and security for high net worth individuals and corporations.
  • Manage budgets and payroll records, review financial transactions to assure expenditures are authorize and budget.
  • Guide and manage the administrative day-to-day academic program and the implementation of strategies by providing leadership to faculty and staff.
  • Provide leadership and direction to facility management and program owners while motivating and interacting with employees to achieve continuous improvement.
  • Customer-Orient with experience with POS systems, food preparation and safety regulations.
  • Show more

President/owner vs manager skills

Common president/owner skills
  • Financial Statements, 14%
  • Payroll, 13%
  • Product Development, 10%
  • Business Plan, 6%
  • Real Estate, 6%
  • R, 5%
Common manager skills
  • Customer Service, 19%
  • Payroll, 9%
  • Food Safety, 8%
  • Financial Statements, 4%
  • Management, 4%
  • PowerPoint, 4%

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