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The differences between pricing coordinators and department 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 pricing coordinator and a department manager. Additionally, a department manager has an average salary of $67,160, which is higher than the $39,845 average annual salary of a pricing coordinator.
The top three skills for a pricing coordinator include quality customer service, sales floor and responsive customer service. The most important skills for a department manager are inventory management, sales promotions, and cleanliness.
| Pricing Coordinator | Department Manager | |
| Yearly salary | $39,845 | $67,160 |
| Hourly rate | $19.16 | $32.29 |
| Growth rate | 1% | 5% |
| Number of jobs | 28,241 | 330,327 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 41% | Bachelor's Degree, 46% |
| Average age | 43 | 43 |
| Years of experience | 6 | 6 |
A pricing coordinator is responsible for conducting data and statistical analysis to determine the appropriate pricing plans according to market conditions and public demands. Pricing coordinators analyze financial and business reports to identify pricing techniques that would minimize the company's loss and maximize profits reasonably. They also identify business opportunities that would generate revenues, assess market competitions, and evaluate sales reports. A pricing coordinator must have excellent communication and analytical skills to collect cost information and measure revenue assets.
Department managers oversee the operations of the department they are assigned to. They manage all aspects of the operation, including finance, sales, quality control, and human resources. They set department goals and the steps the team needs to take to ensure that the goals are met. Department managers are also in charge of training team members so that these team members will be able to work together harmoniously. They should also be able to keep the team's goal in sight and adjust their strategy as needed.
Pricing coordinators and department managers have different pay scales, as shown below.
| Pricing Coordinator | Department Manager | |
| Average salary | $39,845 | $67,160 |
| Salary range | Between $30,000 And $52,000 | Between $39,000 And $115,000 |
| Highest paying City | Jersey City, NJ | New York, NY |
| Highest paying state | Rhode Island | New Jersey |
| Best paying company | Deloitte | Ralph Lauren |
| Best paying industry | Automotive | Manufacturing |
There are a few differences between a pricing coordinator and a department manager in terms of educational background:
| Pricing Coordinator | Department Manager | |
| Most common degree | Bachelor's Degree, 41% | Bachelor's Degree, 46% |
| Most common major | Business | Business |
| Most common college | SUNY College of Technology at Delhi | SUNY College of Technology at Delhi |
Here are the differences between pricing coordinators' and department managers' demographics:
| Pricing Coordinator | Department Manager | |
| Average age | 43 | 43 |
| Gender ratio | Male, 26.2% Female, 73.8% | Male, 51.8% Female, 48.2% |
| Race ratio | Black or African American, 9.0% Unknown, 4.7% Hispanic or Latino, 17.9% Asian, 6.5% White, 61.3% American Indian and Alaska Native, 0.7% | Black or African American, 9.3% Unknown, 4.7% Hispanic or Latino, 16.8% Asian, 7.0% White, 61.6% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 9% | 9% |