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The differences between senior manageds and managing partners can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a senior managed, becoming a managing partner takes usually requires 4-6 years. Additionally, a managing partner has an average salary of $147,401, which is higher than the $107,923 average annual salary of a senior managed.
The top three skills for a senior managed include project management, portfolio and emerging technologies. The most important skills for a managing partner are food handling, cleanliness, and customer service.
| Senior Managed | Managing Partner | |
| Yearly salary | $107,923 | $147,401 |
| Hourly rate | $51.89 | $70.87 |
| Growth rate | 17% | 6% |
| Number of jobs | 49,112 | 66,916 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 67% |
| Average age | 46 | 44 |
| Years of experience | 8 | 6 |
Senior managers are responsible for organizing and managing the performance of a group of individuals. They observe their work and rectify actions when necessary. These managers usually direct the most important group in the company and may supervise the workers directly or guide their supervisors that in turn, managed them. Their duties include controlling the overall financial budgeting. Also, they approve hiring and firing requests within the company and guide the distinguishing of talents as well as the growth processes for the function. Additionally, they work with senior management and other peers for the establishment of strategies and implementation planning.
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.
Senior manageds and managing partners have different pay scales, as shown below.
| Senior Managed | Managing Partner | |
| Average salary | $107,923 | $147,401 |
| Salary range | Between $71,000 And $162,000 | Between $83,000 And $259,000 |
| Highest paying City | Sacramento, CA | New York, NY |
| Highest paying state | Washington | New York |
| Best paying company | Walmart | Gartner |
| Best paying industry | Technology | Construction |
There are a few differences between a senior managed and a managing partner in terms of educational background:
| Senior Managed | Managing Partner | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between senior manageds' and managing partners' demographics:
| Senior Managed | Managing Partner | |
| Average age | 46 | 44 |
| Gender ratio | Male, 61.6% Female, 38.4% | Male, 79.0% Female, 21.0% |
| Race ratio | Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.1% White, 63.6% American Indian and Alaska Native, 0.3% | 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 | 11% | 10% |