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The differences between finance writers and managing editors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become a finance writer, becoming a managing editor takes usually requires 2-4 years. Additionally, a managing editor has an average salary of $89,060, which is higher than the $71,020 average annual salary of a finance writer.
The top three skills for a finance writer include blog posts, financial services and SEO. The most important skills for a managing editor are web content, editorial content, and SEO.
| Finance Writer | Managing Editor | |
| Yearly salary | $71,020 | $89,060 |
| Hourly rate | $34.14 | $42.82 |
| Growth rate | 6% | -5% |
| Number of jobs | 83,381 | 16,781 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 76% | Bachelor's Degree, 81% |
| Average age | 46 | 44 |
| Years of experience | 2 | 4 |
Finance Writers are responsible for leading digital content and publications in the area of finance for an organization. Their duties include writing and editing financial content, collaborating with financial teams to conduct fact-checking, assist in social media content, and work with the finance team to summarize financial insights. They are responsible for working hand-in-hand with compliance and production teams to release publications and conceptualize financial themes and content branding on the website. Finance Writers also participate in documentation review and financial research.
Managing editors are individuals who coordinate and oversee the editorial activities of a publication. They administer the daily operations or a website or publication, such as generating ideas and planning and editing content. Their responsibilities include the recruitment, promotion, and firing of staff members. They even create and implement deadlines. Great managing editors are those who are updated on the latest trends and make informed decisions. They should also be equipped with skills in management and coaching.
Finance writers and managing editors have different pay scales, as shown below.
| Finance Writer | Managing Editor | |
| Average salary | $71,020 | $89,060 |
| Salary range | Between $44,000 And $113,000 | Between $59,000 And $132,000 |
| Highest paying City | - | Washington, DC |
| Highest paying state | - | Connecticut |
| Best paying company | - | Federal Reserve Bank |
| Best paying industry | - | Media |
There are a few differences between a finance writer and a managing editor in terms of educational background:
| Finance Writer | Managing Editor | |
| Most common degree | Bachelor's Degree, 76% | Bachelor's Degree, 81% |
| Most common major | Journalism | Journalism |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between finance writers' and managing editors' demographics:
| Finance Writer | Managing Editor | |
| Average age | 46 | 44 |
| Gender ratio | Male, 67.5% Female, 32.5% | Male, 46.6% Female, 53.4% |
| Race ratio | Black or African American, 6.6% Unknown, 5.0% Hispanic or Latino, 7.8% Asian, 8.7% White, 71.5% American Indian and Alaska Native, 0.4% | Black or African American, 3.5% Unknown, 4.6% Hispanic or Latino, 7.9% Asian, 7.1% White, 76.7% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 12% |