The average salary for a Managing Director is $149,298.
Tell us about your job and pay factors like skills and education Find your market worth with a report tailored to you Negotiate your pay with confidence
What Do Managing Directors Do?
Managing directors are high-level executives in companies and corporations and are responsible for directing the company's operations, as well as providing strategic recommendations to its board members; they also manage other employees to ensure that business goals are met.
There is some overlap between the work of CEOs and managing directors, and some businesses use the terms interchangeably. Regardless of the name or specific duties, managing directors have a high level of responsibility wit…Read more
Job Satisfaction for Managing Director
Explore the most common career paths for Managing Director. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner
to research other job paths.
Somewhat common (8 - 20%)
Managing Director Job Listings
What Are Popular Skills for Managing Directors?
Skills in Business Development are correlated to pay that is above average. Skills that pay less than market rate include Strategic Planning, Business Strategy, Operations Management and People Management.
What is the Pay by Experience Level for Managing Directors?
An early career Managing Director with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $70,318 based on 19 salaries. A mid-career Managing Director with 5-9 years of experience earns an average total compensation of $116,427 based on 19 salaries. An experienced Managing Director with 10-19 years of experience earns an average total compensation of $151,937 based on 64 salaries. In their late career (20 years and higher), employees earn an average total compensation of $183,257.
Pay Difference by Location
Employees with Managing Director in their job title in New York, New York earn an average of 36.3% more than the national average. These job titles also find higher than average salaries in Houston, Texas (34.0% more) and San Francisco, California (28.7% more). The lowest salaries can be found in Philadelphia, Pennsylvania (16.3% less) and Chicago, Illinois (16.3% less).
Years of Experience
This data is based on 162 survey responses.