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The differences between managing partners and president/chief executive officers 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 a president/chief executive officer takes usually requires More than 10 years. Additionally, a president/chief executive officer has an average salary of $240,732, 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 a president/chief executive officer are financial management, revenue growth, and R.
| Managing Partner | President/Chief Executive Officer | |
| Yearly salary | $147,401 | $240,732 |
| Hourly rate | $70.87 | $115.74 |
| Growth rate | 6% | 6% |
| Number of jobs | 66,916 | 163,378 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 64% |
| Average age | 44 | 52 |
| Years of experience | 6 | - |
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.
Considered as the highest authority in a company, a president/chief executive officer is in charge of leading the company by implementing corporate decisions and shaping the organization to its fullest extent. They must craft strategic plans and guidelines, enforce policies and standards, direct the vision and mission, and address the public as the head of the company. Furthermore, a president/chief executive officer must maintain an active line of communication at all times as they must report to a board of directors and coordinate with other company employees.
Managing partners and president/chief executive officers have different pay scales, as shown below.
| Managing Partner | President/Chief Executive Officer | |
| Average salary | $147,401 | $240,732 |
| Salary range | Between $83,000 And $259,000 | Between $134,000 And $429,000 |
| Highest paying City | New York, NY | Washington, DC |
| Highest paying state | New York | New Jersey |
| Best paying company | Gartner | Better Homes and Gardens Real Estate |
| Best paying industry | Construction | Finance |
There are a few differences between a managing partner and a president/chief executive officer in terms of educational background:
| Managing Partner | President/Chief Executive Officer | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 64% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between managing partners' and president/chief executive officers' demographics:
| Managing Partner | President/Chief Executive Officer | |
| Average age | 44 | 52 |
| Gender ratio | Male, 79.0% Female, 21.0% | Male, 78.9% Female, 21.1% |
| 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% |