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The differences between partners and senior partners can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a partner and a senior partner. Additionally, a senior partner has an average salary of $118,406, which is higher than the $76,119 average annual salary of a partner.
The top three skills for a partner include patients, customer service and healthcare. The most important skills for a senior partner are excellent organizational, lead generation, and ROI.
| Partner | Senior Partner | |
| Yearly salary | $76,119 | $118,406 |
| Hourly rate | $36.60 | $56.93 |
| Growth rate | 10% | 10% |
| Number of jobs | 45,758 | 54,052 |
| Job satisfaction | 1 | - |
| Most common degree | Bachelor's Degree, 59% | Bachelor's Degree, 62% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A business partner is responsible for providing strategies and recommendations on how the business will operate, increasing its revenues while sharing profits. Business partners must have extensive knowledge of how the current market industry works to identify the best decisions for the business. A business partner should also be engaged in suggesting new services and offers that the company might consider for its clients. Business partners must also keep the confidentiality of their partnering business administration at all times.
A Senior Partner is responsible for implementing corporate decisions alongside the senior management that would benefit the company's performance to achieve long-term goals and objectives. Senior Partners monitor business operations and strategize techniques that would benefit the company's growth. They also maintain and manage client relationships, develop policies, and coordinate with other board members to ensure the highest client satisfaction. A Senior Partner must have excellent communication and leadership skills to identify process improvement processes and overseeing business transactions.
Partners and senior partners have different pay scales, as shown below.
| Partner | Senior Partner | |
| Average salary | $76,119 | $118,406 |
| Salary range | Between $31,000 And $182,000 | Between $90,000 And $154,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | New York | California |
| Best paying company | Sidley Austin | McKinsey & Company Inc |
| Best paying industry | - | Media |
There are a few differences between a partner and a senior partner in terms of educational background:
| Partner | Senior Partner | |
| Most common degree | Bachelor's Degree, 59% | Bachelor's Degree, 62% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between partners' and senior partners' demographics:
| Partner | Senior Partner | |
| Average age | 39 | 39 |
| Gender ratio | Male, 62.3% Female, 37.7% | Male, 63.1% Female, 36.9% |
| Race ratio | 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% | 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% |