Store owner vs associate manager

The differences between store owners and associate 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 store owner and an associate manager. Additionally, an associate manager has an average salary of $83,246, which is higher than the $60,283 average annual salary of a store owner.

The top three skills for a store owner include customer service, product knowledge and payroll. The most important skills for an associate manager are PET, POS, and sales floor.

Store owner vs associate manager overview

	Store Owner	Associate Manager
Yearly salary	$60,283	$83,246
Hourly rate	$28.98	$40.02
Growth rate	6%	6%
Number of jobs	189,283	420,292
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 50%	Bachelor's Degree, 58%
Average age	44	44
Years of experience	6	6

Store owner vs associate manager salary

Store owners and associate managers have different pay scales, as shown below.

	Store Owner	Associate Manager
Average salary	$60,283	$83,246
Salary range	Between $38,000 And $94,000	Between $55,000 And $124,000
Highest paying City	-	Washington, DC
Highest paying state	-	New Jersey
Best paying company	-	PayPal
Best paying industry	-	Finance

Differences between store owner and associate manager education

There are a few differences between a store owner and an associate manager in terms of educational background:

	Store Owner	Associate Manager
Most common degree	Bachelor's Degree, 50%	Bachelor's Degree, 58%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Store owner vs associate manager demographics

Here are the differences between store owners' and associate managers' demographics:

	Store Owner	Associate Manager
Average age	44	44
Gender ratio	Male, 49.6% Female, 50.4%	Male, 45.5% Female, 54.5%
Race ratio	Black 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, 6.2% Unknown, 4.3% Hispanic or Latino, 15.2% Asian, 6.4% White, 67.5% American Indian and Alaska Native, 0.5%
LGBT Percentage	10%	10%

Differences between store owner and associate manager duties and responsibilities

Store owner example responsibilities.

Manage employees, order supplies, stock, quick books POS
Manage own store, selling wide variety of products such as groceries and household items.
Train and develop to manage multi-unit operations.
Prepare payroll accounts and reconcile bank statements.
Initiate and implement computer base payroll system.
Deliver comprehensive team training in POS software and facilitate system maintenance.

Associate manager example responsibilities.

Manage payroll interface and process including researching payroll issues and enforcing adherence to audit and department guidelines; develop fit/gap analysis.
Schedule evictions for residents that have no means of paying delinquent rent.
Prepare food for daily plate lunches, take-out orders and in-orders and run kitchen.
Run monthly delinquency report on past due rents and sends notices for lockouts liens & evictions.
Supervise the management of the POS system and approves all cash wrap management, cash auditing, and tip reporting.
Created/Modify PowerPoint presentations for intern training and conferences.

Store owner vs associate manager skills

Common store owner skills

Customer Service, 26%
Product Knowledge, 12%
Payroll, 10%
Store Merchandise, 6%
Inventory Control, 4%
Retail Store, 4%

Common associate manager skills

PET, 42%
POS, 6%
Sales Floor, 5%
Product Knowledge, 4%
Payroll, 4%
Human Resources, 4%