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The differences between associate partners and vice presidents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become an associate partner, becoming a vice president takes usually requires More than 10 years. Additionally, a vice president has an average salary of $158,637, which is higher than the $145,385 average annual salary of an associate partner.
The top three skills for an associate partner include digital transformation, analytics and cloud. The most important skills for a vice president are healthcare, oversight, and project management.
| Associate Partner | Vice President | |
| Yearly salary | $145,385 | $158,637 |
| Hourly rate | $69.90 | $76.27 |
| Growth rate | 10% | 6% |
| Number of jobs | 32,405 | 119,530 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 72% |
| Average age | 46 | 52 |
| Years of experience | 4 | - |
The job of an associate partner is similar to that of a partner. An associate partner will report to the partner and work to build strong client relationships and understand their concerns. You will typically perform various duties that include handling the partner's daily activities, monitoring the accounting procedures, and maintaining the confidentiality of the client's information. As an associate partner, you also have to advise on corporate governance and business reorganization and conducting assessments of in-house platforms that include evaluating portfolio accounting systems and client delivery.
Vice presidents are usually considered the second-in-command in the organization, depending on the organization structure. They take over when the president is unavailable to fulfill duties. They may also represent the organization in external events and other official functions. They are important members of the boardroom, and their opinions are usually sought after as well. Vice presidents are usually poised to follow the president's footsteps in the organization, especially if the president is nearing retirement. They also make urgent and crucial decisions when the president is not available to do so. Vice presidents must have strong business acumen, decision-making skills, and professionalism.
Associate partners and vice presidents have different pay scales, as shown below.
| Associate Partner | Vice President | |
| Average salary | $145,385 | $158,637 |
| Salary range | Between $84,000 And $250,000 | Between $107,000 And $235,000 |
| Highest paying City | Cambridge, MA | San Francisco, CA |
| Highest paying state | Massachusetts | New York |
| Best paying company | McKinsey & Company Inc | Brookfield Properties |
| Best paying industry | Professional | Manufacturing |
There are a few differences between an associate partner and a vice president in terms of educational background:
| Associate Partner | Vice President | |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between associate partners' and vice presidents' demographics:
| Associate Partner | Vice President | |
| Average age | 46 | 52 |
| Gender ratio | Male, 66.4% Female, 33.6% | Male, 65.8% Female, 34.2% |
| Race ratio | Black or African American, 5.6% Unknown, 4.4% Hispanic or Latino, 7.8% Asian, 6.4% White, 75.6% American Indian and Alaska Native, 0.3% | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.5% White, 76.7% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 10% | 12% |