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The differences between operating partners and assistant general managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an operating partner and an assistant general manager. Additionally, an operating partner has an average salary of $93,101, which is higher than the $51,238 average annual salary of an assistant general manager.
The top three skills for an operating partner include project management, shared services and digital marketing. The most important skills for an assistant general manager are customer service, math, and cleanliness.
| Operating Partner | Assistant General Manager | |
| Yearly salary | $93,101 | $51,238 |
| Hourly rate | $44.76 | $24.63 |
| Growth rate | 6% | 6% |
| Number of jobs | 144,208 | 414,057 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 55% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
An operating partner coordinates a portfolio company's efforts and serves as the liaison between private equity firms. They typically assess and manage teams, set objectives, establish guidelines and timelines, conduct market research and analyses, and assist teams in developing various operational strategies. They also gather and analyze extensive data, identify the strengths and weaknesses of existing processes, recommend solutions against problem areas, and create methods to optimize operations. Moreover, an operating partner must maintain an active communication line with staff while implementing the company's policies and regulations.
An assistant general manager is responsible for supporting the daily business operations under the general manager's supervision, ensuring that the team delivers the required tasks with the highest quality and standards. Assistant general managers' duties also include managing and delegating individual tasks, addressing concerns from the staff, managing and resolving client's complaints immediately, providing recommendations and business opportunities, sharing best practices to increase revenues and profitability, and submitting reports. An assistant general manager should have excellent leadership and decision-making skills to help in managing the overall operations.
Operating partners and assistant general managers have different pay scales, as shown below.
| Operating Partner | Assistant General Manager | |
| Average salary | $93,101 | $51,238 |
| Salary range | Between $55,000 And $156,000 | Between $35,000 And $73,000 |
| Highest paying City | New York, NY | Washington, DC |
| Highest paying state | Virginia | New York |
| Best paying company | Teradata | The Random Acts of Kindness Foundation |
| Best paying industry | Hospitality | Hospitality |
There are a few differences between an operating partner and an assistant general manager in terms of educational background:
| Operating Partner | Assistant General Manager | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 55% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between operating partners' and assistant general managers' demographics:
| Operating Partner | Assistant General Manager | |
| Average age | 44 | 44 |
| Gender ratio | Male, 78.8% Female, 21.2% | Male, 62.7% Female, 37.3% |
| Race ratio | Black or African American, 6.3% Unknown, 4.3% Hispanic or Latino, 15.4% Asian, 6.4% White, 67.1% American Indian and Alaska Native, 0.5% | Black 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% |
| LGBT Percentage | 10% | 10% |