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Business Unit Manager Salary

Business Unit Managers in the United States take home an average $93K per year. In the world of Business Unit Managers, overall income ranges from $54K near the bottom to $154K at the top; this can include more than $27K from bonuses and more than $30K from profit sharing in exceptional cases. The majority of workers are highly satisfied with their job. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. The data for this synopsis comes from respondents who took the PayScale salary survey.
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$53,961 - $135,574
(Median)
$54K
$93K
$140K
MEDIAN: $93,181
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$60K$120K$180K
Salary
$53,961 - $135,574  
   
Bonus
$1,030 - $27,241  
Profit Sharing
$503 - $29,799  
Commission
$19,653 - $39,305  
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).
)
$53,808 - $153,703  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 197

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United States (change)


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Job Description for Business Unit Manager

A business unit manager oversees a business unit within their organization. They are responsible for preparing a budget, as well as overseeing the creation and preparation of market reports. These reports are used by the manager and the organization at large to determine what resources are needed, how those resources need to be allocated, and how to track expenditures. The business unit manager also works to develop policies, goals, and tactics to achieve the fiscal goals of the business. Because they are responsible for these tasks, the business unit manager must also continually provides oversight to ensure that business plans and budgets are followed; they are also generally authorized to take corrective action if there is deviation from expectations or standards.

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Business Unit Manager Tasks

  • Troubleshoot and resolve problems and concerns, documenting root cause and fixes.
  • Create, modify, update, and communicate budgets and strategic goals.
  • Manage and build customer relationships, tracking data and meeting emerging needs.

Business Unit Manager Job Listings

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Business Unit Managers only report a few specific skills. Most notably, skills in Budget Management, Operations Management, Project Management, and Sales are correlated to pay that is above average. At the other end of the pay range are skills like People Management, Sales, and Project Management.

Pay by Experience Level for Business Unit Manager

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


Business Unit Managers with a lot of experience tend to enjoy higher earnings. Survey participants with less than five years' experience pocket $70K on average, but those with five to 10 years of experience enjoy a much bigger median of $95K. After 10 to 20 years, professionals can make it pretty big; the median salary sits in the six-figure neighborhood of $111K. Business Unit Managers who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $116K on average.

Related Job Salaries

United States (change)

Experience Affects Business Unit Manager Salaries

Late-Career
up arrow 16%

Experienced
up arrow 11%

National Average
$100,000

Mid-Career
up arrow 6%

Entry-Level
up arrow 30%

Skills That Affect Business Unit Manager Salaries

Budget Management
0%

National Average
$100,000

Operations Management
up arrow 3%

Project Management
up arrow 3%

Sales
up arrow 8%

People Management
up arrow 17%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 39 votes.

Gender

Female
20 %
Male
80 %

Years of Experience

Less than 1 year
1%
1-4 years
17%
5-9 years
15%
10-19 years
45%
20 years or more
23%

Common Health Benefits

medical benefits Medical: 93% dental benefits Dental: 81%
vision benefits Vision: 68% employee benefits None: 5%
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