27.17  Differences betweeen Manager Vs Director:

. Differences betweeen Manager Vs Director: BASIS MANAGER DIRECTOR Nature of work A person who is in charge for the particular department of the Company and is responsible for the performance of that department is called as manager. A person appointed by the shareholders to lead the company to achieve its goal is known as Director Nature of work A manager allocates works to the Subordinate according to their nature of appointment and decided by whom the particular job has to be done and provide necessary guidelines regarding what to do, when to do and how to do. A director implements policies and provides fundamental guidelines to carry out a job to the concerned manager and direct them to work accordingly. 12th Commerce Unit - - . . PM As the salary of an average Indian CEO at top listed private companies is doubling from Rs. crore to Rs. crore in just two years, it’s bound to trigger interests as we hope for a legitimate raise in our paychecks this year. The analysis of CEOs salaries in top listed companies for FY - shows that the average remuneration paid to the top executives was approximately Rs. crore. The payment includes their salary, commissions, allowances, value of all prerequisites and ESOPs (Employee Stock Ownership Plans) exercised during the year and all other benefits. Level of management A manager comes under executive level i.e at the Middle- level management Directors comes under Top-level management and play important role in Decision making. Responsibility Managers are responsible for implementation of plans and policies approved by the Board of Directors Directors responsible for formulation of plans and policies time to time to achieve the goal of the company.