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The differences between operating partners and general managers in training 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 a general manager in training. Additionally, an operating partner has an average salary of $93,101, which is higher than the $32,632 average annual salary of a general manager in training.
The top three skills for an operating partner include project management, shared services and digital marketing. The most important skills for a general manager in training are customer service, POS, and sales growth.
| Operating Partner | General Manager In Training | |
| Yearly salary | $93,101 | $32,632 |
| Hourly rate | $44.76 | $15.69 |
| Growth rate | 6% | 6% |
| Number of jobs | 144,208 | 380,193 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 54% |
| 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.
The responsibilities of a general manager in training primarily revolve around overseeing the operations in a store or business, ensuring everything is running smoothly. They mainly report to a more experienced or higher-ranking official, following their directives while still under the training program. As a general manager in training, it is essential to have an in-depth understanding of the employee's welfare and the company's vision, mission, and policies, implementing them daily. Furthermore, one must produce consistent progress reports and presentations, all while leading the workforce to reach sales targets and significant customer satisfaction.
Operating partners and general managers in training have different pay scales, as shown below.
| Operating Partner | General Manager In Training | |
| Average salary | $93,101 | $32,632 |
| Salary range | Between $55,000 And $156,000 | Between $20,000 And $52,000 |
| Highest paying City | New York, NY | Boston, MA |
| Highest paying state | Virginia | Rhode Island |
| Best paying company | Teradata | HealthTrust |
| Best paying industry | Hospitality | Hospitality |
There are a few differences between an operating partner and a general manager in training in terms of educational background:
| Operating Partner | General Manager In Training | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 54% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between operating partners' and general managers in training' demographics:
| Operating Partner | General Manager In Training | |
| Average age | 44 | 44 |
| Gender ratio | Male, 78.8% Female, 21.2% | Male, 68.3% Female, 31.7% |
| 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, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.8% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |