Store owner vs store leader

The differences between store owners and store leaders 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 store leader. Additionally, a store owner has an average salary of $60,283, which is higher than the $36,979 average annual salary of a store leader.

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

Store owner vs store leader overview

	Store Owner	Store Leader
Yearly salary	$60,283	$36,979
Hourly rate	$28.98	$17.78
Growth rate	6%	6%
Number of jobs	189,283	363,806
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 50%	Bachelor's Degree, 48%
Average age	44	43
Years of experience	6	6

Store owner vs store leader salary

Store owners and store leaders have different pay scales, as shown below.

	Store Owner	Store Leader
Average salary	$60,283	$36,979
Salary range	Between $38,000 And $94,000	Between $28,000 And $48,000
Highest paying City	-	Boston, MA
Highest paying state	-	Rhode Island
Best paying company	-	Microsoft
Best paying industry	-	Technology

Differences between store owner and store leader education

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

	Store Owner	Store Leader
Most common degree	Bachelor's Degree, 50%	Bachelor's Degree, 48%
Most common major	Business	Business
Most common college	University of Pennsylvania	SUNY College of Technology at Delhi

Store owner vs store leader demographics

Here are the differences between store owners' and store leaders' demographics:

	Store Owner	Store Leader
Average age	44	43
Gender ratio	Male, 49.6% Female, 50.4%	Male, 46.5% Female, 53.5%
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, 8.4% Unknown, 4.6% Hispanic or Latino, 17.8% Asian, 6.9% White, 61.5% American Indian and Alaska Native, 0.7%
LGBT Percentage	10%	9%

Differences between store owner and store leader 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.

Store leader example responsibilities.

Lead peers in troubleshooting replenishment processes and achieving KPI improvements.
Achieve YTD payroll by $15,250 FY 2013.
Partner with STL (store team leader) to increase sales, manage margins and review annual budget.
Achieve the number one spot in the district for YTD payroll, RedCard conversion, and improvements on gross margin.
Assist store leadership in effectively leading, managing and developing store and/or department operations and associates to maximize sales and profitability.
Engage and assist customers directly and over the phone; utilize POS machines and work customer service desk as needed.

Store owner vs store leader skills

Common store owner skills

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

Common store leader skills

POS, 12%
Sales Floor, 9%
Product Knowledge, 7%
Excellent Guest, 5%
Bank Deposits, 5%
Employee Development, 5%