IMO manager = make more money but put in way more time. Meaning, deal with the questions from higher management, prepare all the various performance meetings, etc. Especially sudden highly important tasks are fun. Or announcements that happen on e.g. Monday and you get your information Friday late. This leading to having to review everything during the weekend.
It seems some people care more about the total salary than what they earn vs time invested.
PS: Regarding your team hating you: Decide for yourself how you manage. I prefer the honest types who just say "company decided and we just have to deal with it". If you start pretending you totally agree with things you'll not be able to give good answers to the various questions and people will think that you have no clue.