The role of a partner varies from organization to organization. What a business partnership entails is defined by the industry the companies are active in, their size, and revenue strategies. A partner has various responsibilities from generating sales to discovering further partnership opportunities and cultivating the existing ones.
There is no one path that leads to becoming a partner manager. It goes without saying that this is not an entry-level position, unless perhaps you are born into a business dynasty. In which case, you would not be browsing job search engines anyway.
So for the rest of us, there is a lot of groundwork and networking that goes into acquiring this position. Needless to say, if you do make it there, it is a lucrative career, with a yearly income averaging anywhere from $68,000 to $133,000.
There is more than meets the eye when it comes to being a partner. For example, did you know that they make an average of $67.79 an hour? That's $141,004 a year!
Between 2018 and 2028, the career is expected to grow 8% and produce 21,800 job opportunities across the U.S.
There are certain skills that many partners have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed creativity, organizational skills and interpersonal skills.
When it comes to the most important skills required to be a partner, we found that a lot of resumes listed 15.0% of partners included customer service, while 12.1% of resumes included communication, and 7.7% of resumes included healthcare. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the partner job title. But what industry to start with? Most partners actually find jobs in the professional and retail industries.
If you're interested in becoming a partner, one of the first things to consider is how much education you need. We've determined that 41.5% of partners have a bachelor's degree. In terms of higher education levels, we found that 16.7% of partners have master's degrees. Even though most partners have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a partner. When we researched the most common majors for a partner, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on partner resumes include doctoral degree degrees or associate degree degrees.
You may find that experience in other jobs will help you become a partner. In fact, many partner jobs require experience in a role such as associate. Meanwhile, many partners also have previous career experience in roles such as internship or vice president.