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General manager/partner vs managing partner

The differences between general managers/partner 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 general manager/partner and a managing partner. Additionally, a managing partner has an average salary of $147,401, which is higher than the $85,061 average annual salary of a general manager/partner.

The top three skills for a general manager/partner include customer service, business development and financial statements. The most important skills for a managing partner are food handling, cleanliness, and customer service.

General manager/partner vs managing partner overview

General Manager/PartnerManaging Partner
Yearly salary$85,061$147,401
Hourly rate$40.89$70.87
Growth rate6%6%
Number of jobs279,15566,916
Job satisfaction--
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 67%
Average age4444
Years of experience66

What does a general manager/partner do?

A general manager/partner of any organization has many roles to perform. Depending on the industry they work in, they may be in charge of the management of operations, logistics, or maintenance. They also create an overall budget for every project. They are required to monitor budgets and payroll records and to review financial transactions.

What does a managing partner do?

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.

General manager/partner vs managing partner salary

General managers/partner and managing partners have different pay scales, as shown below.

General Manager/PartnerManaging Partner
Average salary$85,061$147,401
Salary rangeBetween $32,000 And $220,000Between $83,000 And $259,000
Highest paying CityNew York, NYNew York, NY
Highest paying stateNew YorkNew York
Best paying companyMetaGartner
Best paying industry-Construction

Differences between general manager/partner and managing partner education

There are a few differences between a general manager/partner and a managing partner in terms of educational background:

General Manager/PartnerManaging Partner
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 67%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

General manager/partner vs managing partner demographics

Here are the differences between general managers/partner' and managing partners' demographics:

General Manager/PartnerManaging Partner
Average age4444
Gender ratioMale, 84.5% Female, 15.5%Male, 79.0% Female, 21.0%
Race ratioBlack or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.2% Asian, 6.4% White, 67.5% 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 Percentage10%10%

Differences between general manager/partner and managing partner duties and responsibilities

General manager/partner example responsibilities.

  • Establish a variety of inventory controls, manage employee payroll systems and overhaul organizational structure to help improve profits.
  • Manage business start-up from formation including development of business and marketing plans, equipment selection/installation, staffing, and product offerings.
  • Oversee IP and patent management.
  • Direct implementation, training and support for POS system.
  • Order, checked-in and programme into POS system retail inventory.
  • Monitor budgets and payroll records, and review financial transactions to ensure expenditures are authorized and budget.
  • Show more

Managing partner example responsibilities.

  • Manage website, eBay, and Facebook marketing, as well as vendor relations and cross-marketing with vendors.
  • Manage daily operations, including office administration, accounts-payable, accounts-receivable, and payroll processing.
  • Develop and implement marketing campaigns, and manage a variety self-contain EMR systems for numerous private practice healthcare providers.
  • Provide oversight to ensure projects and programs within various portfolios are in compliance with establish standards to achieve business transformation objectives.
  • Perform all business development, sales, marketing, basic web design and SEO; administrative operations and actual event performance.
  • Create and develop internet presence via website and FaceBook.
  • Show more

General manager/partner vs managing partner skills

Common general manager/partner skills
  • Customer Service, 11%
  • Business Development, 9%
  • Financial Statements, 8%
  • POS, 7%
  • Payroll, 6%
  • Food Quality, 6%
Common managing partner skills
  • Food Handling, 20%
  • Cleanliness, 18%
  • Customer Service, 9%
  • Financial Statements, 5%
  • Regulatory Compliance, 4%
  • POS, 4%

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