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The differences between founder and chief executive officers 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 founder and chief executive officer, becoming a managing partner takes usually requires 4-6 years. Additionally, a founder and chief executive officer has an average salary of $171,886, which is higher than the $147,401 average annual salary of a managing partner.
The top three skills for a founder and chief executive officer include web design, financial statements and business strategy. The most important skills for a managing partner are food handling, cleanliness, and customer service.
| Founder And Chief Executive Officer | Managing Partner | |
| Yearly salary | $171,886 | $147,401 |
| Hourly rate | $82.64 | $70.87 |
| Growth rate | 6% | 6% |
| Number of jobs | 130,252 | 66,916 |
| Job satisfaction | 4 | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 67% |
| Average age | 52 | 44 |
| Years of experience | - | 6 |
Being the highest-ranking executive, founders, and chief executive officers (CEO) is responsible for making strategic corporate decisions for an organization. Their duties and responsibilities varied depending on the size, corporate structure, and culture of a company. These include acting as the primary point of contact between corporate operations and the board of directors, managing the entire resources and operations of a company, and being the company's public face. They are often more involved and hands-on with the company's daily operations and are expected to set the vision, tone, and culture of an organization.
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.
Founder and chief executive officers and managing partners have different pay scales, as shown below.
| Founder And Chief Executive Officer | Managing Partner | |
| Average salary | $171,886 | $147,401 |
| Salary range | Between $107,000 And $275,000 | Between $83,000 And $259,000 |
| Highest paying City | New York, NY | New York, NY |
| Highest paying state | New Jersey | New York |
| Best paying company | UpGuard | Gartner |
| Best paying industry | Energy | Construction |
There are a few differences between a founder and chief executive officer and a managing partner in terms of educational background:
| Founder And Chief Executive Officer | Managing Partner | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between founder and chief executive officers' and managing partners' demographics:
| Founder And Chief Executive Officer | Managing Partner | |
| Average age | 52 | 44 |
| Gender ratio | Male, 73.2% Female, 26.8% | 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% |