Business Office Manager Salary
The majority of Business Office Managers in the United States — one-half — boast more than 10 years of experience in their profession. Salaries stretch from $31K to $64K per year, and the median is $49K per year. Cash earnings for Business Office Managers — including $6K in bonuses and $3K in profit sharing proceeds near the top of the pay scale — generally stretch from $31K to $64K depending on individual performance. This group's pay is mainly influenced by location, followed by the company and years of experience. The majority of workers are highly satisfied with their job. Not all workers are lucky enough to have benefits; in fact, just under one in three are without coverage. Medical insurance is claimed by the larger part and dental insurance is reported by a little over a half. This report is based on responses to the PayScale salary survey.
Job Description for Business Office Manager
Business office managers perform a wide array of duties, with their responsibilities often varying based on the size of their company. Regardless of size, these managers' primary responsibility is ensuring the business runs smoothly and that employees have needed supplies such as pens, paper, and toner. They make sure all equipment is working and, if not, arrange for repairs. Bookkeeping duties are sometimes required as well.Read More...
Business office managers may have to have direct contact with vendors on pricing, delivery dates, and terms of sale. They also may have some managerial responsibilities, supervising other employees' performance.
Business office managers work almost entirely indoors in an office environment. Work hours tend to be the company's regular business hours. A business office manager typically must have completed high school. Advanced courses in office management, business, and accounting are desirable. At least one year of bookkeeping experiencing is preferred, as is prior experience in office management and in a supervisory role.
Business Office Manager Tasks
- Coordinate office activities and support services, keeping the office running efficiently.
- Manage company payroll, time sheets, and employee time off.
- Supervise front desk reception, providing help with reception when necessary.
- Oversee billing, and accounts, ensuring accuracy and that company procedures are followed.
Common Career Paths for Business Office Manager
Business Office Managers who go on to become Financial Controllers may see their salaries climb quite a bit. Median pay for Financial Controllers is $77K annually. Business Office Managers go on to become Office Managers more often than anything even though median pay for the role is $39K. Business Office Managers who move into a Business Manager role, another well-traveled path for those in this field, tend to find salaries of $54K.
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Popular Employer Salaries for Business Office Manager
Business Office Managers fill the offices of leading firms Brookdale Senior Living Inc., HCR ManorCare, Brookdale, Golden LivingCenters, and Eskaton. Silverado Senior Living leads the field in terms of pay, with a median salary of $55K. Other employers shelling out big bucks include HCR ManorCare, Genesis HealthCare, and Consulate Health Care, where Business Office Managers typically earn around $50K, $47K, or $45K, respectively.
Also approaching the lower end are Eskaton at $34K, Senior Lifestyle Corporation at $38K, and Golden LivingCenters at $41K.
Popular Skills for Business Office Manager
Survey respondents exploit a significant toolbox of skills in their work. Most notably, skills in Financial Reporting, Microsoft Excel, Accounting, and Medicaid & Medicare Billing are correlated to pay that is above average. At the other end of the pay range are skills like Bookkeeping, Customer Service, and Microsoft Word. Those who learned Billing also tend to know Office Management and Accounts Payable. Most people who know Accounts Receivable also know Accounts Payable and Office Management.
Pay by Experience Level for Business Office Manager
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Business Office Managers with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. The average worker who claims fewer than five years of experience earns around $39K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $45K. Business Office Managers with one to two decades of relevant experience report an average salary of approximately $48K. Respondents who claim more than 20 years of experience may encounter pay that doesn't quite reflect their extensive experience; these veterans report a median income of around $51K.
Pay Difference by Location
For Business Office Managers, San Francisco provides a pay rate that is 44 percent greater than the national average. Business Office Managers will also find cushy salaries in New York (+31 percent), Seattle (+18 percent), Dallas (+18 percent), and Houston (+9 percent). Those in the field find the lowest salaries in Tucson, 9 percent below the national average. Workers in St. Louis and Indianapolis earn less than others in this profession; their salaries fall short of the national average by 7 percent.
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