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The differences between managing directors and group directors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a managing director, becoming a group director takes usually requires 8-10 years. Additionally, a group director has an average salary of $149,193, which is higher than the $129,690 average annual salary of a managing director.
The top three skills for a managing director include healthcare, portfolio and business development. The most important skills for a group director are oversight, healthcare, and project management.
| Managing Director | Group Director | |
| Yearly salary | $129,690 | $149,193 |
| Hourly rate | $62.35 | $71.73 |
| Growth rate | 6% | 10% |
| Number of jobs | 81,022 | 89,420 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 69% |
| Average age | 44 | 39 |
| Years of experience | 6 | 10 |
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.
A group director is responsible for monitoring the operations of a specific team in an organization, ensuring that the group meets daily targets, providing the highest customer satisfaction for the company's services. Group directors work with senior management to identify business opportunities that would bring more revenues and increase the company's profitability. They also handle the department's budgets, allocating adequate resources for every team to support project deliverables. A group director must have excellent communication and leadership skills, analyzing business functions, and developing strategic ways to increase productivity.
Managing directors and group directors have different pay scales, as shown below.
| Managing Director | Group Director | |
| Average salary | $129,690 | $149,193 |
| Salary range | Between $72,000 And $233,000 | Between $99,000 And $224,000 |
| Highest paying City | New York, NY | Newark, NJ |
| Highest paying state | New York | New Jersey |
| Best paying company | Paul, Weiss, Rifkind, Wharton & Garrison | Apple |
| Best paying industry | Finance | Finance |
There are a few differences between a managing director and a group director in terms of educational background:
| Managing Director | Group Director | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Georgia |
Here are the differences between managing directors' and group directors' demographics:
| Managing Director | Group Director | |
| Average age | 44 | 39 |
| Gender ratio | Male, 73.5% Female, 26.5% | Male, 64.6% Female, 35.4% |
| 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, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 10% |