Store owner vs lead manager

The differences between store owners and lead 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 a lead manager. Additionally, a lead manager has an average salary of $101,883, 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 a lead manager are safety procedures, sales floor, and gross margin.

Store owner vs lead manager overview

	Store Owner	Lead Manager
Yearly salary	$60,283	$101,883
Hourly rate	$28.98	$48.98
Growth rate	6%	6%
Number of jobs	189,283	385,395
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 50%	Bachelor's Degree, 52%
Average age	44	44
Years of experience	6	6

Store owner vs lead manager salary

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

	Store Owner	Lead Manager
Average salary	$60,283	$101,883
Salary range	Between $38,000 And $94,000	Between $73,000 And $140,000
Highest paying City	-	New York, NY
Highest paying state	-	Alaska
Best paying company	-	Trulia
Best paying industry	-	Retail

Differences between store owner and lead manager education

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

	Store Owner	Lead Manager
Most common degree	Bachelor's Degree, 50%	Bachelor's Degree, 52%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Store owner vs lead manager demographics

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

	Store Owner	Lead Manager
Average age	44	44
Gender ratio	Male, 49.6% Female, 50.4%	Male, 54.2% Female, 45.8%
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, 67.4% American Indian and Alaska Native, 0.5%
LGBT Percentage	10%	10%

Differences between store owner and lead 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.

Lead manager example responsibilities.

Lead a team of in home geek squad agents that have the highest productivity in the company.
Define processes and procedures for manual and automate testing and implement tools to achieve the overall QA objectives.
Manage social media networks for increase public visibility through Facebook.
Manage employee payroll activities and effectively evaluate employee performance for promotion opportunities.
Manage several customer service incidents and tend to emergencies including the administration lifesaving CPR to a gym patron.
Require to be certify in CPR, a and first aid.

Store owner vs lead manager skills

Common store owner skills

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

Common lead manager skills

Safety Procedures, 15%
Sales Floor, 12%
Gross Margin, 12%
PET, 9%
Performance Evaluations, 8%
Product Knowledge, 7%