Business Continuity Manager Salary
Business Continuity Managers in the United States tend to have a good amount of experience under their belt — a little more than half have more than 10 years in the field. While pay runs from $56K to $122K per year, median earnings come to $86K annually. In the world of Business Continuity Managers, overall income ranges from $56K near the bottom to $122K at the top; this can include more than $15K from bonuses and more than $30K from profit sharing in exceptional cases. Experience level is the biggest factor affecting pay for this group, followed by geography. Most Business Continuity Managers report high levels of job satisfaction. Male Business Continuity Managers who responded to the survey are more common than women; more than half (63 percent) are men. Most report receiving medical coverage from their employers and a large number collect dental insurance. The numbers in this rundown were provided by PayScale's salary survey participants.
|Salary||$55,676 - $118,249|
|Bonus||$1,350 - $15,138|
|Profit Sharing||$-0.50 - $29,799|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|$56,170 - $121,680|
Job Description for Business Continuity Manager
A business continuity manager is the person who is responsible for the development and management of a business process before, during, and after a disaster. This is a position which will generally work in an office, though some travel can often be required. While this position will typically keep traditional office hours, extended work hours may be required depending on the organization and the position. This person will work with a team of employees, and the position is supervisory in nature. A business continuity manager should minimally attain a bachelor's degree in a field relating to business, and many organizations require several years of experience within disaster recovery.Read More...
A business continuity manager will have a variety of responsibilities as relating to disaster recovery strategies within their company. Though exact responsibilities may vary depending on their organization, some responsibilities across the board include analyzing risk assessment and business impact, documenting business continuity, planning and conducting mock-disaster processes, determining the adequacy of existing disaster plans, updating and implementing changes within disaster procedures and plans, assessing accountability within the organization, maintaining an inventory of disaster recovery strategies, developing standards of communication during crises, and working in coordination with relevant departments in the organization (including human resources, legal, public relations, and technology). This is a position which requires a person who is highly analytical and thinks in a critical manner. A business continuity manager must be a person who maintains composure in all circumstances.
Business Continuity Manager Tasks
- Develop, implement, and test disaster recovery policies and plans.
- Review and analyze business impacts for each financial group, tracking status, and risks.
- Test and evaluate software and vendors for security and redundancy of services and data.
- Respond to emergencies and data losses, mitigate incidents, and plan to avoid them in the future.
Pay by Experience Level for Business Continuity Manager
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Business Continuity Managers with a lot of experience tend to enjoy higher earnings. Salaries of relatively inexperienced workers fall in the neighborhood of $70K, but folks who have racked up five to 10 years see a notably higher median of $88K. Experienced professionals who have spent one to two decades on the job can score lucrative paychecks that average out to $100K. Individuals who have achieved more than 20 years of experience don't seem to earn much more than people who have 10 to 20 years under their belts; the more senior group reports an average income of $113K.
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