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The differences between senior group managers and senior business managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a senior group manager, becoming a senior business manager takes usually requires 4-6 years. Additionally, a senior business manager has an average salary of $134,737, which is higher than the $125,188 average annual salary of a senior group manager.
The top three skills for a senior group manager include risk management, SR and project management. The most important skills for a senior business manager are analytics, project management, and portfolio.
| Senior Group Manager | Senior Business Manager | |
| Yearly salary | $125,188 | $134,737 |
| Hourly rate | $60.19 | $64.78 |
| Growth rate | 10% | 6% |
| Number of jobs | 135,804 | 303,902 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 71% |
| Average age | 39 | 44 |
| Years of experience | 10 | 6 |
A senior group manager's role is to spearhead and oversee group operations, ensuring everything runs smoothly and efficiently. They are in charge of setting objectives and guidelines, establishing schedules, managing groups, delegating responsibilities among staff, and reviewing reports from different teams, addressing issues and concerns should there be any. There are also instances when they must produce regular reports, liaise with external parties, and conduct assessments. Moreover, as a senior group manager, they lead and encourage teams to reach goals, all while working together with junior managers in implementing company policies and regulations.
A senior business manager oversees the daily operations in a company, ensuring efficiency and smooth workflow. Typically, their responsibilities revolve around directing and assessing workforce performance, setting company objectives and goals, and coordinating with different departments to be aware of any issues or concerns. It is also essential to devise strategies to find new sales opportunities, perform research and analysis to identify client needs, and promptly resolve any problems that may arise. Furthermore, as a senior business manager, it is essential to lead and encourage the workforce, all while implementing the company's policies and regulations.
Senior group managers and senior business managers have different pay scales, as shown below.
| Senior Group Manager | Senior Business Manager | |
| Average salary | $125,188 | $134,737 |
| Salary range | Between $86,000 And $181,000 | Between $96,000 And $187,000 |
| Highest paying City | Albany, NY | Hartford, CT |
| Highest paying state | Oregon | Connecticut |
| Best paying company | Citi | Airbnb |
| Best paying industry | Finance | Professional |
There are a few differences between a senior group manager and a senior business manager in terms of educational background:
| Senior Group Manager | Senior Business Manager | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Pennsylvania |
Here are the differences between senior group managers' and senior business managers' demographics:
| Senior Group Manager | Senior Business Manager | |
| Average age | 39 | 44 |
| Gender ratio | Male, 65.1% Female, 34.9% | Male, 64.4% Female, 35.6% |
| Race ratio | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% | 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 Percentage | 10% | 10% |