With a median pay of $131K, Capital One Financial Corp Business Managers make much more than the national average ($57K per year) for those in this field. United Parcel Service (UPS), Inc., Raytheon Co., and AT&T Inc. are a few other companies that offer generous salaries, with Business Managers earning around $120K, $103K, or $100K at each firm, respectively. The figures in this rundown are based on the results of PayScale's salary questionnaire.
Read More
$35,856 - $100,901
$36K
$57K
$100K
MEDIAN: $57,376
10%
50%
90%

Add this chart to your site: 640px    300px

$12.09 - $29.82
$12
$19
$30
MEDIAN: $19.00
10%
50%
90%

Add this chart to your site: 640px    300px

National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$35,856 - $100,901  
   
Bonus
$203.53 - $20,459  
Profit Sharing
$0.00 - $17,517  
Commission
$1,510 - $40,851  
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).
)
$33,452 - $102,761  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 3,172
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$25$50$75
Hourly Rate
$12.09 - $29.82  
   
Hourly Tips
$0.70  
Overtime
$15.82 - $45.77  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$203.53 - $20,459  
   
Commission
$1,510 - $40,851  
Profit Sharing
$0.00 - $17,517  
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).
)
$33,452 - $102,761  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 700

Find Out Exactly What You Should Be Paid

United States (change)

Employers: Start Here »

Job Description for Business Manager

A business manager is sought after by a variety of companies in many industries. Some employers will be looking for candidates with a bachelor's degree in business administration or a similar discipline, while others are willing to accept an applicant with a high school diploma or associate's degree. The business manager should also usually have at least two years of experience working in administration positions, in addition to several years of experience in the industry of the company. The prospective employee should be proficient in Microsoft Office. The business manager will primarily work indoors, although the settings may vary. There can be some travel involved.

Read More...

Business Manager Tasks

  • Manage business and financial affairs related to the administration of business unit or department.
  • Drive business functions and ensures employee efforts support organizational goals and objectives.
  • Provide overall management of financial operations, practice growth, marketing and administration.

Common Career Paths for Business Manager


Add this chart to your site:   640px 640px    300px 300px


Business Managers may experience a large salary bump if they progress into a role such as Chief Financial Officer. The latter position pays an average of $123K annually. Career advancement for the typical Business Manager often leads to becoming a Business Operations Manager or a Financial Controller; median salaries in these positions are $8K higher and $23K higher, respectively.

Business Manager Job Listings

Search for more jobs:

Popular Employer Salaries for Business Manager

Popular Skills for Business Manager


Business Managers report using a large range of skills on the job. Most notably, skills in Financial Analysis, Project Management, Budget Management, and Financial Reporting are correlated to pay that is above average, with boosts between 7 percent and 20 percent. Skills that seem to negatively impact pay include Customer Service, Accounts Receivable, and Office Management. People who know Budget Management usually also know Problem Solving and Accounts Payable. Those educated in Accounting tend to be well versed in Accounts Payable.

Pay by Experience Level for Business Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Business Managers with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. Respondents with less than five years' experience take home $49K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $57K. Business Managers with one to two decades of relevant experience report an average salary of approximately $59K. Business Managers who have acquired more than two decades of experience generally do see greater compensation; their average income is approximately $63K.

Pay Difference by Location

National Average: $54,844

Larger city markers indicate a job is popular in that location.

For Business Managers, San Francisco provides a pay rate that is 55 percent greater than the national average. Business Managers will also find cushy salaries in New York (+45 percent), Houston (+36 percent), Boston (+34 percent), and Washington (+32 percent). Trailing the national average by 2 percent, Austin is the market with the smallest paychecks.

Business Manager Reviews

Q: What is it like working as a Business Manager?

Business Manager in Plano:
Pros: Culture, product, educational support and succession planning, benefits, opportunities for advancement.
Cons: I feel like I have too much to complete on some days. I feel that I am given too many projects at once sometimes.

Related Job Salaries

Key Stats for Business Manager

Gender

Female
70 %
Male
30 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 652 votes.
Less than 1 year
3%
1-4 years
28%
5-9 years
23%
10-19 years
28%
20 years or more
18%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Business Manager Salaries




National Average
$55,000


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 652 votes.

Gender

Female
70 %
Male
30 %

Years of Experience

Less than 1 year
3%
1-4 years
28%
5-9 years
23%
10-19 years
28%
20 years or more
18%

Common Health Benefits

medical benefits
Medical: 70%
dental benefits
Dental: 55%
vision benefits
Vision: 45%
dental benefits
None: 27%
ADVERTISEMENT