Business Office Manager Salary
Most Business Office Managers in the United States are women. The workforce as a whole earns a median of approximately $49K annually. Total cash incomes of Business Office Managers run from $30K to $64K, depending on bonuses that can occasionally exceed $6K, profit sharing that reaches $4K, and some commissions of nearly $47K. Geographic location is the biggest factor affecting pay for this group, followed by the specific employer and experience level. Job satisfaction is reported as high by the vast majority of workers. Health benefits are not enjoyed by everyone in this line of work, and just under a third lack any coverage at all. Medical benefits are reported by more than half and dental coverage is claimed by slightly more than half.
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
- Supervise front desk reception, providing help with reception when necessary.
- Oversee billing, and accounts, ensuring accuracy and that company procedures are followed.
- Coordinate office activities and support services, keeping the office running efficiently.
- Manage company payroll, time sheets, and employee time off.
Common Career Paths for Business Office Manager
Business Office Managers who transition into a Financial Controller role may receive large pay increases as the latter position pays an average $77K per year. As Business Office Managers progress in their field, many go on to become Business Managers. In fact, this transition is more common than anything else, and pay for the position is usually $54K per year. Another common career choice for Business Office Managers is to move into a Bookkeeper role. Typically, Bookkeepers get paid $34K.
Business Office Manager Job Listings
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Popular Employer Salaries for Business Office Manager
Well-known firms with a reputation for hiring numerous Business Office Managers include Brookdale Senior Living Inc., Life Care Centers of America, Brookdale, HCR ManorCare, and Eskaton. For Business Office Managers, comfortable salaries can be found at Silverado Senior Living; in fact, median earnings sit around $55K, the highest in the area. Other employers shelling out big bucks include HCR ManorCare, Genesis HealthCare, and Consulate Health Care, where Business Office Managers typically earn around $48K, $46K, or $45K, respectively.
Workers at Eskaton, Senior Lifestyle Corporation, and Life Care Centers of America also face smaller salaries than the rest of the field — average earnings for these employers come to $34K, $40K, and $40K respectively.
Popular Skills for Business Office Manager
Business Office Managers seem to exploit a large range of skills on the job. Most notably, skills in Financial Reporting, Accounting, Medicaid & Medicare Billing, and Microsoft Excel are correlated to pay that is above average. Skills that seem to negatively impact pay include Bookkeeping, Customer Service, and Microsoft Word. Most people who know Accounts Receivable also know Accounts Payable and Office Management. Most people familiar with Billing also know Office Management and Accounts Payable.
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 a lot of experience do not necessarily enjoy more money. Workers in their first five years can expect to earn $39K, but people who have been around for five to 10 years earn a noticeably bigger sum of $45K. Business Office Managers who work for 10 to 20 years in their occupation tend to earn about $48K. Folks who have racked up more than 20 years in the field report incomes that aren't that much higher than less experienced individuals' earnings; the veterans make just $50K on average.
Pay Difference by Location
For Business Office Managers, working in the bustling city of San Francisco has its advantages, including an above-average pay rate. Business Office Managers can also look forward to large paychecks in cities like New York (+36 percent), Seattle (+19 percent), Houston (+13 percent), and Atlanta (+8 percent). In Tucson, salaries are 9 percent below the national average and represent the lowest-paying market. Indianapolis and Richmond are a couple other places where companies are known to pay below the median — salaries are 9 percent lower and 7 percent lower, respectively.