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The differences between president & chief operating officers and operating partners can be seen in a few details. Each job has different responsibilities and duties. While it typically takes More than 10 years to become a president & chief operating officer, becoming an operating partner takes usually requires 4-6 years. Additionally, a president & chief operating officer has an average salary of $211,982, which is higher than the $93,101 average annual salary of an operating partner.
The top three skills for a president & chief operating officer include financial performance, revenue growth and product development. The most important skills for an operating partner are project management, shared services, and digital marketing.
| President & Chief Operating Officer | Operating Partner | |
| Yearly salary | $211,982 | $93,101 |
| Hourly rate | $101.91 | $44.76 |
| Growth rate | 6% | 6% |
| Number of jobs | 130,349 | 144,208 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 65% |
| Average age | 52 | 44 |
| Years of experience | - | 6 |
A president/chief operating officer is responsible for monitoring the overall daily business operations and implementing corporate decisions for the company and its people's best interests. Presidents/chief operating officers regularly meet with the key executives and business partners to share corporate updates and strategize techniques to improve functions and increase the brand's image in the market. They review financial performance and reports, conduct data and statistical analysis, and lead initiatives that would increase the company's productivity and efficiency.
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.
President & chief operating officers and operating partners have different pay scales, as shown below.
| President & Chief Operating Officer | Operating Partner | |
| Average salary | $211,982 | $93,101 |
| Salary range | Between $114,000 And $391,000 | Between $55,000 And $156,000 |
| Highest paying City | Las Vegas, NV | New York, NY |
| Highest paying state | Nevada | Virginia |
| Best paying company | Global Atlantic Financial Group Limited | Teradata |
| Best paying industry | Construction | Hospitality |
There are a few differences between a president & chief operating officer and an operating partner in terms of educational background:
| President & Chief Operating Officer | Operating Partner | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between president & chief operating officers' and operating partners' demographics:
| President & Chief Operating Officer | Operating Partner | |
| Average age | 52 | 44 |
| Gender ratio | Male, 86.1% Female, 13.9% | Male, 78.8% Female, 21.2% |
| Race ratio | Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.7% White, 76.1% American Indian and Alaska Native, 0.6% | 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% |
| LGBT Percentage | 12% | 10% |