Business Process Manager Salary
The average Business Process Manager in the United States can expect to rake in roughly $78K per year. Total cash compensation to Business Process Managers bottoms out near $53K and approaches $128K on the high end; the biggest paychecks include approximately $19K from bonuses and almost $15K from profit sharing. The most influential factor affecting pay for this group is geographic location, though experience level and the particular employer have a (lesser) impact as well. Medical benefits are awarded to almost all, and a large number earn dental coverage. Male Business Process Managers are just a bit more common among those who completed the questionnaire than females ones, with male workers composing 52 percent of the field. The majority of workers are highly satisfied with their job. The figures in this rundown are based on the results of PayScale's salary questionnaire.
Job Description for Business Process Manager
A business process manager ensures optimal productivity for his or her employer by developing, overseeing, and regulating various work procedures. They may supervise individuals and/or manage computer systems, networking strategies, or quantity-control measures. Business process managers usually divide their working days between their home offices and local, national, or global satellite offices. Therefore, these managers should expect to change locations at a moment's notice and remain on location for a unspecified time period. They should also expect to sometime work independently, while other times work physically or virtually with employees involved in executing a specific organizational task.Read More...
Generally, business process managers must have at least a bachelor's degree in business, marketing, computer science, or a related field. However, many employers give hiring preferences to those with an master's of business administration (MBA) or master's degree in another business, marketing, or computer system area of concentration. Because this manager's work is generally multifaceted and fast-paced, this job usually requires long hours and extensive travel. They must also have basic computer skills, as well as excellent communication, negotiation, conflict resolution, and problem-solving skills.
Many business process managers begin their careers at the junior level under the direct supervision of a senior business process manager. Over time, internal promotion opportunities or senior-level opportunities at other firms, are possible to a junior manager who exhibits above-average business process management skills.
Business Process Manager Tasks
- Identify and evaluate key risk areas and recommend improvements.
- Monitors the results of improvement projects and composes reports.
- Develops, executes, and maintains business process improvement projects.
Business Process Manager Job Listings
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Popular Employer Salaries for Business Process Manager
For Business Process Managers, comfortable salaries can be found at J.P. Morgan Chase & Co. (JPMCC); in fact, median earnings sit around $84K, the highest in the area.
Popular Skills for Business Process Manager
Business Process Managers seem to exploit a large range of skills on the job. Most notably, facility with Six Sigma Black Belt, Business Process Engineering, and Strategic Project Management are correlated to pay that is significantly above average, leading to increases of 40 percent, 11 percent, and 6 percent, respectively. Skills that seem to negatively impact pay include Customer Service Metrics, Training, and Operations Management. Most people familiar with Process Improvement also know Business Analysis and Data Analysis.
Pay by Experience Level for Business Process Manager
Median of all compensation (including tips, bonus, and overtime) by years of experience.
The median compensation for relatively untried workers is $71K; in the five-to-10 year group, it's higher at around $83K. The average pay reported by folks with 10 to 20 years of experience is around $100K. For some reason, Business Process Managers with more than two decades of experience report lower paychecks overall; the median sum in this group sits near $98K.
Pay Difference by Location
With a pay rate for Business Process Managers that is 23 percent greater than the national average, San Francisco offers a comfortable salary for those in this profession. Business Process Managers will also find cushy salaries in New York (+20 percent), Portland (+17 percent), Houston (+17 percent), and Wilmington (+16 percent). Compared to the national average, Salt Lake City Business Process Managers have considerably lower salaries, 21 percent below the national average to be exact. Location appears to be a major driving force in pay for those in this profession. Employers pay around 13 percent less in Louisville and 8 percent less in Richmond, below-median salaries for those in this field.