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The differences between managing directors and area directors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a managing director and an area director. Additionally, a managing director has an average salary of $129,690, which is higher than the $100,433 average annual salary of an area director.
The top three skills for a managing director include healthcare, portfolio and business development. The most important skills for an area director are customer service, patients, and home health.
| Managing Director | Area Director | |
| Yearly salary | $129,690 | $100,433 |
| Hourly rate | $62.35 | $48.29 |
| Growth rate | 6% | 6% |
| Number of jobs | 81,022 | 47,326 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 68% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
A Managing Director oversees workflow and progress, making sure that all operations align within the company or organization's mission or set of goals. They are responsible for crafting strategies, devising effective business plans, and executing guidelines that would nurture a company's growth, and as well as to be the driving force that would direct employees to the company's objectives. Furthermore, a Managing Director must coordinate with those in a higher position, such as the members of the board.
Area directors oversee the operations of the company in a particular area. They manage the company's presence in their assigned area. Area directors come up with strategies so that their area meets company goals. They manage the company's performance in their area, from sales to marketing to finance to human resources. Area directors are expected to have in-depth knowledge of the situation and the context in the area they handle. They should be able to identify strengths and areas for improvement in their area. As such, they would be able to capitalize on their strengths and address their areas for improvement. Overall, area directors are responsible for the fulfillment of the company's vision in their area.
Managing directors and area directors have different pay scales, as shown below.
| Managing Director | Area Director | |
| Average salary | $129,690 | $100,433 |
| Salary range | Between $72,000 And $233,000 | Between $55,000 And $182,000 |
| Highest paying City | New York, NY | Boston, MA |
| Highest paying state | New York | New Jersey |
| Best paying company | Paul, Weiss, Rifkind, Wharton & Garrison | AstraZeneca |
| Best paying industry | Finance | Health Care |
There are a few differences between a managing director and an area director in terms of educational background:
| Managing Director | Area Director | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between managing directors' and area directors' demographics:
| Managing Director | Area Director | |
| Average age | 44 | 44 |
| Gender ratio | Male, 73.5% Female, 26.5% | Male, 63.9% Female, 36.1% |
| Race ratio | Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.8% American Indian and Alaska Native, 0.5% | Black or African American, 6.3% Unknown, 4.3% Hispanic or Latino, 15.4% Asian, 6.4% White, 67.0% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |