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The differences between operating partners and retail operation 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 a retail operation manager. Additionally, an operating partner has an average salary of $93,101, which is higher than the $76,518 average annual salary of a retail operation manager.
The top three skills for an operating partner include project management, shared services and digital marketing. The most important skills for a retail operation manager are POS, retail operations, and payroll.
| Operating Partner | Retail Operation Manager | |
| Yearly salary | $93,101 | $76,518 |
| Hourly rate | $44.76 | $36.79 |
| Growth rate | 6% | 6% |
| Number of jobs | 144,208 | 408,776 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 66% |
| 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.
A retail operation manager is an individual who is responsible for managing the daily operations of retail stores while maintaining their physical space tidy and organized. Retail operation manager must ensure proper staffing at all stores as well as train employees to enhance their job performance and retention. They are required to conduct inventory analysis to ensure optimal stock levels. Retail operation managers must also visit retail locations so that they can evaluate the sales performance and level of customer satisfaction of each store.
Operating partners and retail operation managers have different pay scales, as shown below.
| Operating Partner | Retail Operation Manager | |
| Average salary | $93,101 | $76,518 |
| Salary range | Between $55,000 And $156,000 | Between $47,000 And $124,000 |
| Highest paying City | New York, NY | New York, NY |
| Highest paying state | Virginia | Connecticut |
| Best paying company | Teradata | Accenture |
| Best paying industry | Hospitality | - |
There are a few differences between an operating partner and a retail operation manager in terms of educational background:
| Operating Partner | Retail Operation Manager | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between operating partners' and retail operation managers' demographics:
| Operating Partner | Retail Operation Manager | |
| Average age | 44 | 44 |
| Gender ratio | Male, 78.8% Female, 21.2% | Male, 56.8% Female, 43.2% |
| 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% |