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The differences between chief executive officer/managers and managing partners can be seen in a few details. Each job has different responsibilities and duties. While it typically takes More than 10 years to become a chief executive officer/manager, becoming a managing partner takes usually requires 4-6 years. Additionally, a managing partner has an average salary of $147,401, which is higher than the $140,165 average annual salary of a chief executive officer/manager.
The top three skills for a chief executive officer/manager include financial statements, payroll and product development. The most important skills for a managing partner are food handling, cleanliness, and customer service.
| Chief Executive Officer/Manager | Managing Partner | |
| Yearly salary | $140,165 | $147,401 |
| Hourly rate | $67.39 | $70.87 |
| Growth rate | 6% | 6% |
| Number of jobs | 155,545 | 66,916 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 67% |
| Average age | 52 | 44 |
| Years of experience | - | 6 |
A chief executive officer (CEO) serves as the leader, information or visionary bearer, manager, board developer, and the decision-maker of an organization. CEOs support the administration and operations of the board by extending advice and support. These executives handle the organization's human resources based on authorized personnel procedures and policies. They make sure that their organization and its products, mission, services, and programs appear strong and positive to target stakeholders. Also, they need to develop skills in negotiation, communication, and corporate governance.
The primary role of managing partners is to manage a company's day-to-day operations and provide overall strategic and administrative decisions. They have to maintain positive client relations and consult and collaborate with other employees, executives, and board members. They are also responsible for overseeing recruitment activities, determining improvement gaps, and administering corrective measures. To be qualified for this position, one should have a degree in business administration or a related field, excellent leadership and communication skills, and a healthy analytical and strategic mindset.
Chief executive officer/managers and managing partners have different pay scales, as shown below.
| Chief Executive Officer/Manager | Managing Partner | |
| Average salary | $140,165 | $147,401 |
| Salary range | Between $100,000 And $196,000 | Between $83,000 And $259,000 |
| Highest paying City | Washington, DC | New York, NY |
| Highest paying state | Hawaii | New York |
| Best paying company | Parallels | Gartner |
| Best paying industry | Manufacturing | Construction |
There are a few differences between a chief executive officer/manager and a managing partner in terms of educational background:
| Chief Executive Officer/Manager | Managing Partner | |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between chief executive officer/managers' and managing partners' demographics:
| Chief Executive Officer/Manager | Managing Partner | |
| Average age | 52 | 44 |
| Gender ratio | Male, 65.5% Female, 34.5% | Male, 79.0% Female, 21.0% |
| Race ratio | 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% | Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.4% Asian, 6.4% White, 67.1% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 12% | 10% |