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Business Unit Manager Salary

The average Business Unit Manager in the United States can expect to rake in roughly $94K annually. Total incomes of Business Unit Managers incorporate potential for, in a few cases, more than $27K from bonuses and close to $30K from profit sharing; these performance components cause packages to range between $53K and $153K. For the most part, Business Unit Managers enjoy their work and report high levels of job satisfaction. Medical benefits are awarded to nearly all, and most earn dental coverage. The information for this snapshot was generated by responses to the PayScale salary survey.
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$53,516 - $134,992
(Median)
$54K
$94K
$130K
MEDIAN: $93,591
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
$53,516 - $134,992  
   
Bonus
$1,026 - $27,404  
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).
)
$52,925 - $152,974  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 193

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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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Just a handful of professional skills are reported by Business Unit Managers who took the survey. Most notably, skills in Budget Management, Operations Management, Project Management, and Sales are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include 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 who reported more years of relevant experience also reported higher earnings. Relatively untried employees who have less than five years' experience make $65K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $96K. Experienced professionals — those with 10 to 20 years in the field — see salaries in the six-figure territory, securing around $111K on average. Individuals who report more than two decades of experience seem to make only slightly more than folks in the 10-to-20 year range; the more senior group sees median earnings in the comparatively modest ballpark of $116K.

Related Job Salaries

United States (change)

Experience Affects Business Unit Manager Salaries

Late-Career
up arrow 15%

Experienced
up arrow 10%

National Average
$101,000

Mid-Career
up arrow 5%

Entry-Level
up arrow 36%

Skills That Affect Business Unit Manager Salaries

National Average
$101,000

Budget Management
up arrow 1%

Operations Management
up arrow 2%

Project Management
up arrow 4%

Sales
up arrow 8%

People Management
up arrow 17%

Job Satisfaction

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

Gender

Female
21 %
Male
79 %

Years of Experience

Less than 1 year
1%
1-4 years
17%
5-9 years
14%
10-19 years
45%
20 years or more
23%

Common Health Benefits

medical benefits Medical: 93% dental benefits Dental: 80%
vision benefits Vision: 68% employee benefits None: 5%