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The differences between president/owners and managing partners can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a president/owner and a managing partner. Additionally, a managing partner has an average salary of $147,401, which is higher than the $114,992 average annual salary of a president/owner.
The top three skills for a president/owner include financial statements, payroll and product development. The most important skills for a managing partner are food handling, cleanliness, and customer service.
| President/Owner | Managing Partner | |
| Yearly salary | $114,992 | $147,401 |
| Hourly rate | $55.28 | $70.87 |
| Growth rate | 6% | 6% |
| Number of jobs | 83,314 | 66,916 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 67% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
A President or Owner can have varying responsibilities depending on the organization or company that they operate. However, most of the time, they are the leaders who oversee the entire function and revenues in their business, including the hiring and management process. The President and Owner can also be the face of a company, often appearing to address and communicate to the public. Furthermore, they are responsible for implementing guidelines that would drive the company towards its vision and mission.
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.
President/owners and managing partners have different pay scales, as shown below.
| President/Owner | Managing Partner | |
| Average salary | $114,992 | $147,401 |
| Salary range | Between $76,000 And $172,000 | Between $83,000 And $259,000 |
| Highest paying City | - | New York, NY |
| Highest paying state | - | New York |
| Best paying company | - | Gartner |
| Best paying industry | - | Construction |
There are a few differences between a president/owner and a managing partner in terms of educational background:
| President/Owner | Managing Partner | |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between president/owners' and managing partners' demographics:
| President/Owner | Managing Partner | |
| Average age | 44 | 44 |
| Gender ratio | Male, 75.8% Female, 24.2% | Male, 79.0% Female, 21.0% |
| Race ratio | Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.7% American Indian and Alaska Native, 0.5% | 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% |
| LGBT Percentage | 10% | 10% |