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The differences between talent managers and resource 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 talent manager and a resource manager. Additionally, a talent manager has an average salary of $102,404, which is higher than the $77,116 average annual salary of a resource manager.
The top three skills for a talent manager include human resources, succession planning and project management. The most important skills for a resource manager are customer service, resource management, and project management.
| Talent Manager | Resource Manager | |
| Yearly salary | $102,404 | $77,116 |
| Hourly rate | $49.23 | $37.08 |
| Growth rate | 7% | 7% |
| Number of jobs | 22,473 | 31,477 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 64% |
| Average age | 47 | 47 |
| Years of experience | 6 | 6 |
A talent manager is an individual who oversees the business dealings of various talents such as athletes, artists, and musicians. To become successful, a talent manager should be able to find good talents, understand what it takes for the talents to succeed, and establish a trust to sign clients. Some of the requirements to qualify for the position include possessing strong negotiation, scheduling, listening, and communication skills and having a bachelor's degree in management, marketing, or a related field.
A resource manager's role is to provide the staffing needs of different projects, programs, and departments while coordinating with managers and supervisors. They are responsible for monitoring an employee's performance and payroll data, recommending available staff to join projects and programs, maintaining documentation and records of all transactions, and hire new staff as needed. Furthermore, as a manager, it is essential to lead and encourage the workforce to reach goals, all while implementing the company's policies and regulations.
Talent managers and resource managers have different pay scales, as shown below.
| Talent Manager | Resource Manager | |
| Average salary | $102,404 | $77,116 |
| Salary range | Between $61,000 And $170,000 | Between $54,000 And $108,000 |
| Highest paying City | Boston, MA | San Francisco, CA |
| Highest paying state | Massachusetts | Connecticut |
| Best paying company | Boston Consulting Group | Apple |
| Best paying industry | Professional | Manufacturing |
There are a few differences between a talent manager and a resource manager in terms of educational background:
| Talent Manager | Resource Manager | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 64% |
| Most common major | Business | Business |
| Most common college | Northwestern University | University of Southern California |
Here are the differences between talent managers' and resource managers' demographics:
| Talent Manager | Resource Manager | |
| Average age | 47 | 47 |
| Gender ratio | Male, 38.7% Female, 61.3% | Male, 49.5% Female, 50.5% |
| Race ratio | Black or African American, 7.7% Unknown, 5.1% Hispanic or Latino, 11.1% Asian, 5.7% White, 70.0% American Indian and Alaska Native, 0.4% | Black or African American, 7.7% Unknown, 5.1% Hispanic or Latino, 11.1% Asian, 5.7% White, 70.0% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 18% | 18% |