Working as a Managing Member

There is more than meets the eye when it comes to being a managing member. For example, did you know that they make an average of $86.41 an hour? That's $179,735 a year!

What Does a Managing Member Do

There are certain skills that many managing members have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, leadership skills and decision-making skills.

When it comes to the most important skills required to be a managing member, we found that a lot of resumes listed 11.9% of managing members included financial statements, while 8.5% of resumes included business development, and 8.1% of resumes included real estate. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the managing member job title. But what industry to start with? Most managing members actually find jobs in the professional and insurance industries.

How To Become a Managing Member

If you're interested in becoming a managing member, one of the first things to consider is how much education you need. We've determined that 47.5% of managing members have a bachelor's degree. In terms of higher education levels, we found that 20.7% of managing members have master's degrees. Even though most managing members have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a managing member. When we researched the most common majors for a managing member, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on managing member resumes include doctoral degree degrees or associate degree degrees.

You may find that experience in other jobs will help you become a managing member. In fact, many managing member jobs require experience in a role such as vice president. Meanwhile, many managing members also have previous career experience in roles such as president or internship.

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Average Salary$179,735
Job Growth Rate%

Managing Member Jobs

Managing Member Career Paths

Top Careers Before Managing Member
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Top Careers After Managing Member
Owner7.1 %
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What is the right job for my career path?

Tell us your goals and we'll match you with the rights job to get there.

Average Salary for a Managing Member

Managing Members in America make an average salary of $179,735 per year or $86 per hour. The top 10 percent makes over $341,000 per year, while the bottom 10 percent under $94,000 per year.
Average Salary
$179,735

Best Paying Cities

City
Average Salary

Recently Added Salaries

Job TitleCompanyCompanyStart DateSalary
Space Management Field Validation Team Member
Space Management Field Validation Team Member
University of Utah
University of Utah
02/25/2020
02/25/2020
$31,30502/25/2020
$31,305
Managing Member
Managing Member
University of Utah
University of Utah
08/15/2019
08/15/2019
$31,30508/15/2019
$31,305
Managing Member
Managing Member
University of Utah
University of Utah
06/04/2019
06/04/2019
$31,30506/04/2019
$31,305
Managing Member
Managing Member
University of Utah
University of Utah
06/04/2019
06/04/2019
$31,30506/04/2019
$31,305
Managing Member
Managing Member
Fashionhaus LLC
Fashionhaus LLC
05/24/2012
05/24/2012
$78,00005/24/2012
$78,000
See More Recent Salaries

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Managing Member Demographics

Gender

Male

64.3 %

Female

31.0 %

Unknown

4.6 %
Ethnicity

White

63.0 %

Hispanic or Latino

13.3 %

Black or African American

11.5 %
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Foreign Languages Spoken

Spanish

41.9 %

French

12.5 %

Chinese

6.9 %
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Managing Member Education

Schools

Arizona State University

9.5 %

University of Florida

8.5 %

New York University

6.9 %

Texas A&M University

6.2 %
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Majors

Business

30.8 %

Law

11.1 %

Finance

9.5 %

Accounting

8.1 %
Show More
Degrees

Bachelors

47.5 %

Masters

20.7 %

Doctorate

10.1 %

Associate

8.3 %
Show More

Entry Level Jobs For Becoming A Managing Member

Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For a Managing Member

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 11.9% of managing members listed financial statements on their resume, but soft skills such as analytical skills and leadership skills are important as well.

Best States For a Managing Member

Some places are better than others when it comes to starting a career as a managing member. The best states for people in this position are New Jersey, Maryland, Connecticut, and Delaware. Managing members make the most in New Jersey with an average salary of $124,245. Whereas in Maryland and Connecticut, they would average $123,199 and $122,807, respectively. While managing members would only make an average of $122,575 in Delaware, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. Delaware

Total Managing Member Jobs:
47
Highest 10% Earn:
$225,000
Location Quotient:
1.49
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Rhode Island

Total Managing Member Jobs:
53
Highest 10% Earn:
$223,000
Location Quotient:
1.54
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. West Virginia

Total Managing Member Jobs:
60
Highest 10% Earn:
$220,000
Location Quotient:
1.45
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
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Managing Member Resumes

Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. That's why we put together a guide that is designed to help you craft the perfect resume for becoming a managing member. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.

At Zippia, we went through countless managing member resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

Learn How To Write a Managing Member Resume

At Zippia, we went through countless managing member resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

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Top Managing Member Employers

1. Walmart
4.9
Avg. Salary: 
$33,061
Managing Members Hired: 
29+
2. AT&T
4.7
Avg. Salary: 
$61,738
Managing Members Hired: 
24+
3. Pizza Hut
4.3
Avg. Salary: 
$26,688
Managing Members Hired: 
23+
4. CVS Health
4.8
Avg. Salary: 
$48,240
Managing Members Hired: 
20+
5. US Army
4.0
Avg. Salary: 
$53,674
Managing Members Hired: 
16+
6. McDonald's
4.2
Avg. Salary: 
$22,418
Managing Members Hired: 
9+

Managing Member Videos

Recently Added Managing Member Jobs

Updated October 2, 2020