Managing partner vs executive vice president

The differences between managing partners and executive vice presidents 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 vice president takes usually requires More than 10 years. Additionally, an executive vice president has an average salary of $216,285, which is higher than the $147,401 average annual salary of a managing partner.

The top three skills for a managing partner include food handling, cleanliness and customer service. The most important skills for an executive vice president are financial statements, oversight, and business development.

Managing partner vs executive vice president overview

	Managing Partner	Executive Vice President
Yearly salary	$147,401	$216,285
Hourly rate	$70.87	$103.98
Growth rate	6%	6%
Number of jobs	66,916	123,982
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 71%
Average age	44	52
Years of experience	6	-

What does a managing partner do?

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.

What does an executive vice president do?

An executive vice president is responsible for monitoring departmental operations, managing customer relationships, developing the company's strategic goals, and identifying business opportunities that would maximize the company's performance, drive revenues, and achieve the business's profitability goals. Executive vice presidents contribute to sales innovations, negotiate business contracts, analyze financial reports, and minimize the company's expenses without compromising high-quality operations and customer satisfaction. An executive vice president must have excellent leadership and communication skills to support its daily operations to achieve its long-term goals and objectives.

Managing partner vs executive vice president salary

Managing partners and executive vice presidents have different pay scales, as shown below.

	Managing Partner	Executive Vice President
Average salary	$147,401	$216,285
Salary range	Between $83,000 And $259,000	Between $118,000 And $394,000
Highest paying City	New York, NY	Washington, DC
Highest paying state	New York	Washington
Best paying company	Gartner	Gartner
Best paying industry	Construction	Telecommunication

Differences between managing partner and executive vice president education

There are a few differences between a managing partner and an executive vice president in terms of educational background:

	Managing Partner	Executive Vice President
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 71%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Managing partner vs executive vice president demographics

Here are the differences between managing partners' and executive vice presidents' demographics:

	Managing Partner	Executive Vice President
Average age	44	52
Gender ratio	Male, 79.0% Female, 21.0%	Male, 74.7% Female, 25.3%
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, 3.7% Unknown, 3.9% Hispanic or Latino, 7.7% Asian, 7.6% White, 76.5% American Indian and Alaska Native, 0.6%
LGBT Percentage	10%	12%

Differences between managing partner and executive vice president duties and responsibilities

Managing partner example responsibilities.

Manage website, eBay, and Facebook marketing, as well as vendor relations and cross-marketing with vendors.
Manage daily operations, including office administration, accounts-payable, accounts-receivable, and payroll processing.
Develop and implement marketing campaigns, and manage a variety self-contain EMR systems for numerous private practice healthcare providers.
Provide oversight to ensure projects and programs within various portfolios are in compliance with establish standards to achieve business transformation objectives.
Perform all business development, sales, marketing, basic web design and SEO; administrative operations and actual event performance.
Create and develop internet presence via website and FaceBook.

Executive vice president example responsibilities.

Used data and KPI's to achieve consistent sales growth and below industry average turnover.
Manage logistics department, negotiate rates with suppliers, oversee incoming and outgoing inventory.
Lead the implementation of a new third-party ERP system, introducing sophisticate enterprise management system where none exist previously.
Manage operations and logistics, staff planning and supervision for all administrative, personnel, training and logistical requirements.
Manage all financial functions including controlling/accounting, board and regulatory reporting, treasury and cash management, and asset/liability management.
Provide oversight over subordinate supervisors and complete twice-monthly payroll activities, ensuring employees are paid as expected and on time.

Managing partner vs executive vice president skills

Common managing partner skills

Food Handling, 20%
Cleanliness, 18%
Customer Service, 9%
Financial Statements, 5%
Regulatory Compliance, 4%
POS, 4%

Common executive vice president skills

Financial Statements, 9%
Oversight, 6%
Business Development, 6%
Healthcare, 6%
Revenue Growth, 6%
Strategic Partnerships, 4%

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Managing Partner
Managing Partner vs Executive Vice President

Updated January 8, 2025

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