upper level job

How much does a Managing Partner make?

As of April 01, 2025, the average annual salary for a Managing Partner in the United States is $183,370. According to Salary.com, salaries can range from a low of $157,369 to a high of $224,769, with most professionals earning between $169,760 and $205,040.

Managing Partner Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $205,040 $17,087 $3,943 $99
Average $183,370 $15,281 $3,526 $88
25th Percentile $169,760 $14,147 $3,265 $82

Average Salary

25% $169,760 10% $157,369 90% $224,769 75% $205,040 $183,370 50%(Median)
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How much does a Managing Partner make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Managing Partner salary data based on specialized databases to help you get a fairer salary. The average annual pay for a Managing Partner is about $183,370 a year, this translates to an approximate hourly rate of $88, a monthly salary of about $15,281, and a weekly pay of around $3,526 . Click the switch button below to see more details about Managing Partner hourly pay, weekly pay, monthly pay, and so on.

Last Updated on April 01, 2025

How Does Experience Level Affect a Managing Partner's Salary?

An entry-level Managing Partner with less than 1 year of experience earns about $178,292. With 1-2 years of experience, the average salary increases to $178,901. For 2-4 years of experience, the pay typically rises to $180,323. Senior-level professionals with 5-8 years of experience earn around $181,948, and those with over 8 years of experience can expect an average of $184,017.

Levels Salary
Entry Level Managing Partner $178,292
Intermediate Level Managing Partner $178,901
Senior Level Managing Partner $180,323
Specialist Level Managing Partner $181,948
Expert Level Managing Partner $184,017
$178,292 0 yr
$178,901 < 2 yrs
$180,323 2-4 yrs
$181,948 5-8 yrs
$184,017 > 8 yrs
Last Updated on April 01, 2025
Entry Level 3%
Mid Level 2%
Senior Level 2%
Top Level 1%
Experienced 0%
View as graph
Last Updated on April 01, 2025

How much does salary of Managing Partner vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of April 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Managing Partner is $229,010.
  • In New York, NY, the average annual salary is $212,510.
  • In Boston, MA, a Managing Partner earns $204,510 per year.

What is the salary trend of Managing Partner?

As of April 01, 2025, our research reveals a significant shift in Managing Partner compensation over the past six years. For example, the median salary increased from $142,112 in 2023 to approximately $143,014 in 2024. (For a detailed analysis of Managing Partner salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Managing Partner Over Time

2020
$???
2021
$???
2022
$???
$142,112
2023
$143,014
2024
$141,792
2025
2026
$???
Last Updated on April 01, 2025
2020
$???
2021
$???
2022
$???
2023
$142,112
2024
$143,014
2025
$141,792
2026
$???
Last Updated on April 01, 2025

Managing Partner Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $142,112
2024 $143,014
2025 $141,792
2026 View More
Last Updated on April 01, 2025

Job Openings of Managing Partner

Salary.com job board provides millions of Managing Partner information for you to search for. Click on search button below to see Managing Partner job openings or enter a new job title here.

Based on HR-reported data: a national average with a geographic differential
Base Salary 73.7%
Bonuses 0.0%
Social Security 5.3%
401k/403b 3.1%
Disability 1.5%
Healthcare 3.4%
Pension 4.0%
Time Off 9.1%
Core Compensation
Core Compensation Median % of Total
Base Salary $183,370 73.7%
Bonus $0 0.0%
Value of Benefits
Core Compensation Median % of Total
Social Security $13,112 5.3%
401K/403B $7,702 3.1%
Disability $3,667 1.5%
Healthcare $8,352 3.4%
Pension $9,902 4.0%
Time Off $22,569 9.1%
Total Compensation $248,674 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on April 01, 2025

What are the salaries of a Managing Partner with different levels of education?

Salaries for Managing Partner with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Managing Partner with a JD, MD, PhD or Equivalent is $186,333 - $200,859. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Managing Partner Salaries by Degree Level

Last Updated on April 01, 2025
Typical Education for Managing Partner
Degree Level % of user with this level of education
Bachelors 1.2%
Masters 2.3%
Doctorate 96.5%
Typical Education for Managing Partner
Bachelors 1.2%
Masters 2.3%
Doctorate 96.5%
view as table

Managing Partner Salaries by Degree Level

Last Updated on April 01, 2025

What Am I Worth?

FAQ about Managing Partner

1. How much do Big 4 partners make in the US?

Big 4 partners in the US can expect a salary range for managing partners between $170,040 and $223,110 annually, with a mid-salary of $195,150. While total compensation can vary significantly due to equity stakes, this base salary provides a solid reference point for earnings in these prestigious firms.

2. Is managing partner a high position?

Yes, a managing partner is typically regarded as a high position within a firm, often the highest in the hierarchy. They oversee overall operations, administration, and strategic direction. In terms of compensation, managing partners can expect salaries ranging from a minimum of $170,040 to a maximum of $223,110, reflecting their significant responsibilities in law, accounting, investment, and consulting firms.

3. What is the job level of a managing partner?

A managing partner is a senior-level professional responsible for overseeing daily operations in a business partnership. They serve dual roles as both an owner and a manager, contributing significantly to the firm's success. The salary for this position typically ranges from $170,040 to $223,110, with a mid-point of $195,150, reflecting their critical value to the organization.

4. Can a managing partner be fired?

The partnership agreement typically outlines the process for removing a managing partner, which may require a majority or unanimous vote. It's essential to review the partnership agreement to understand the specific procedures and mechanisms in place. Managing partners can earn between $170,040 and $223,110, reflecting their significant responsibilities.

5. How long does it take to become a managing partner?

To become a managing partner, it typically takes 4-6 years of experience in related fields, along with a bachelor's degree in business or finance. Common prior roles include general manager, manager, and vice president. The salary for a managing partner ranges from $170,040 to $223,110, with a mid-salary of $195,150.

6. How much do managing partners at PwC make?

Managing Partner yearly salaries in the United States at PwC range from a minimum of $170,040 to a maximum of $223,110, with a median salary of approximately $195,150. This reflects the competitive compensation for this senior leadership role within the firm.

About Our Data

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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The average salary for a Managing Partner is $183,370 per year in the United States, updated at April 01, 2025.
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