A substantial slice of final earnings for Business Unit Managers (slightly less than a third) arrives through commissions. Median overall income in this area is approximately $96K. With some bonuses approaching $29K and certain profit sharing proceeds approaching $61K, overall incomes of Business Unit Managers spread between $58K and $154K depending on individual performance. Residence is the biggest factor affecting pay for this group, followed by career length. Male Business Unit Managers are far more common among survey respondents than their female counterparts, who typically comprise less than one-third of the field. Medical benefits are awarded to most, and a strong majority earn dental coverage. Work is enjoyable for Business Unit Managers, who typically claim high levels of job satisfaction. The information for this snapshot was generated by responses to the PayScale salary survey.
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$57,313 - $140,144
$57K
$87K
$140K
MEDIAN: $86,557
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$60K$120K$180K
Salary
$57,313 - $140,144  
   
Bonus
$2,073 - $29,466  
Profit Sharing
$-0.50 - $60,599  
Commission
$27,000  
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).
)
$57,975 - $154,013  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 198

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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.

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Pay by Experience Level for Business Unit Manager

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


For Business Unit Managers, experience does not seem to be a major factor in determining pay. The average beginner in this position makes around $74K, but folks who have been around for five to 10 years see a markedly higher median salary of $90K. Those with 10 to 20 years of experience under their belts can expect their paychecks to flourish around the six-figure median of $102K. 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 $109K on average.

Business Unit Manager Advice

Q: What do you wish you knew about your job when you first started out?

Business Unit Manager in Detroit:
"Managing people assets...Leadership."
Value people and recognize that they're your most valuable asset. Don't be afraid to ask the hard questions and do the scientific problem solving with the people that work in the area where the losses are occurring.

Business Unit Manager in Seattle:
"Work under too complex and stressful environment."
Always agree to management decisions, no matter what.

Related Job Salaries

Key Stats for Business Unit Manager

Gender

Female
24 %
Male
76 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 30 votes.
Less than 1 year
1%
1-4 years
12%
5-9 years
23%
10-19 years
44%
20 years or more
19%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Business Unit Manager Salaries



National Average
$96,000


Entry-Level
up arrow 23%

Skills That Affect Business Unit Manager Salaries

Engineering Design
up arrow 66%

Strategic Marketing
up arrow 32%

Profit & Loss (P&L) Statements
up arrow 25%

Business Development
up arrow 16%

Manufacturing Process Engineering
up arrow 14%


Strategic Planning
up arrow 12%


National Average
$96,000

Sales
up arrow 4%


Financial Analysis
up arrow 11%

Team Leadership
up arrow 17%

Project Management
up arrow 28%

Budget Management
up arrow 38%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 30 votes.

Gender

Female
24 %
Male
76 %

Years of Experience

Less than 1 year
1%
1-4 years
12%
5-9 years
23%
10-19 years
44%
20 years or more
19%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 79%
vision benefits
Vision: 68%
dental benefits
None: 10%
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