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The differences between managing partners and executive 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 partner, becoming an executive director takes usually requires 2-4 years. Additionally, a managing partner has an average salary of $147,401, which is higher than the $127,956 average annual salary of an executive director.
The top three skills for a managing partner include food handling, cleanliness and customer service. The most important skills for an executive director are oversight, patients, and customer service.
| Managing Partner | Executive Director | |
| Yearly salary | $147,401 | $127,956 |
| Hourly rate | $70.87 | $61.52 |
| Growth rate | 6% | -8% |
| Number of jobs | 66,916 | 97,471 |
| Job satisfaction | - | 4.5 |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 63% |
| Average age | 44 | 49 |
| Years of experience | 6 | 4 |
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.
Executive directors are top management employees who usually function as a chief executive officer. This role is usually seen in non-profit organizations. Executive directors provide strategic direction to the organization, and they ensure that the organization's goals are actualized. They provide guidance to the employees and ensure that the employees have the organization's advocacies at the center of every project or program. They oversee the policies of the organization and create strategies that will bring the organization's programs forward. Executive directors are also responsible for making crucial decisions for the betterment of the organization.
Managing partners and executive directors have different pay scales, as shown below.
| Managing Partner | Executive Director | |
| Average salary | $147,401 | $127,956 |
| Salary range | Between $83,000 And $259,000 | Between $76,000 And $213,000 |
| Highest paying City | New York, NY | New York, NY |
| Highest paying state | New York | New York |
| Best paying company | Gartner | Genentech |
| Best paying industry | Construction | Finance |
There are a few differences between a managing partner and an executive director in terms of educational background:
| Managing Partner | Executive Director | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 63% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between managing partners' and executive directors' demographics:
| Managing Partner | Executive Director | |
| Average age | 44 | 49 |
| Gender ratio | Male, 79.0% Female, 21.0% | Male, 47.0% Female, 53.0% |
| Race ratio | 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% | Black or African American, 7.6% Unknown, 4.8% Hispanic or Latino, 11.2% Asian, 5.0% White, 71.0% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 10% | 10% |