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The differences between relationship managers and managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a relationship manager, becoming a manager takes usually requires 4-6 years. Additionally, a relationship manager has an average salary of $83,761, which is higher than the $58,651 average annual salary of a manager.
The top three skills for a relationship manager include client relationships, work ethic and strong work ethic. The most important skills for a manager are customer service, payroll, and food safety.
| Relationship Manager | Manager | |
| Yearly salary | $83,761 | $58,651 |
| Hourly rate | $40.27 | $28.20 |
| Growth rate | 5% | 6% |
| Number of jobs | 72,920 | 1,236,194 |
| Job satisfaction | - | 4.57 |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 49% |
| Average age | 46 | 44 |
| Years of experience | 8 | 6 |
A relationship manager is responsible for maintaining a positive and professional relationship with customers and business partners, ensuring the highest customer satisfaction and good reputation. Relationship managers advise management on identifying business opportunities by analyzing the current market trends that would help generate revenues and increase its profitability. They connect with the marketing and sales team for product and services innovation, create compelling sales pitches, and develop customer service processes to assist customers with their inquiries and concerns efficiently.
Managers are responsible for a specific department, function, or employee group. They oversee their assigned departments and all the employees under the department. Managers are responsible that the department they are handling is functioning well. They set the department goals and the steps they must take to achieve the goals. They are also in charge of assessing the performance of their departments and their employees. Additionally, managers are responsible for interviewing prospective candidates for department vacancies and assessing their fit to the needs of the department. Managers also set the general working environment in the department, and they are expected to ensure that their employees remain motivated.
Relationship managers and managers have different pay scales, as shown below.
| Relationship Manager | Manager | |
| Average salary | $83,761 | $58,651 |
| Salary range | Between $56,000 And $123,000 | Between $37,000 And $92,000 |
| Highest paying City | San Francisco, CA | - |
| Highest paying state | New York | New Jersey |
| Best paying company | - | |
| Best paying industry | Finance | Finance |
There are a few differences between a relationship manager and a manager in terms of educational background:
| Relationship Manager | Manager | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 49% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Pennsylvania |
Here are the differences between relationship managers' and managers' demographics:
| Relationship Manager | Manager | |
| Average age | 46 | 44 |
| Gender ratio | Male, 53.5% Female, 46.5% | Male, 51.0% Female, 49.0% |
| Race ratio | Black or African American, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2% | Black or African American, 6.3% Unknown, 4.3% Hispanic or Latino, 15.5% Asian, 6.4% White, 67.0% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 10% |