Business Unit Manager Salary

The majority of Business Unit Managers in the United States — about two in three — boast more than 10 years of experience in their profession. Salaries stretch from $54K to $155K per year, and the median is $90K per year. Cash earnings for Business Unit Managers — which occasionally include more than $29K from bonuses and more than $54K from profit sharing — stretch from around $54K to approximately $155K. Career length and the particular city each impact pay for this group, with the former having the largest influence. Most Business Unit Managers report high levels of job satisfaction. Most Business Unit Managers survey respondents are men (79 percent). Almost all report receiving medical coverage from their employers and a fair number collect dental insurance. The figures in this rundown are based on the results of PayScale's salary questionnaire.
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$54,305 - $138,254
(Median)
$54K
$90K
$140K
MEDIAN: $89,953
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
$54,305 - $138,254  
   
Bonus
$1,026 - $28,710  
Profit Sharing
$750 - $53,750  
Commission
$23,000  
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).
)
$53,765 - $155,421  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 261
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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.


Experience seems to be a major factor in determining the incomes of Business Unit Managers. The average beginner in this position makes around $71K, but folks who have been around for five to 10 years see a markedly higher median salary of $93K. Those with 10 to 20 years of experience under their belts can expect their paychecks to flourish around the six-figure median of $109K. People who have worked for more than 20 years report a median income of $115K, which is barely higher than the median for folks with 10 to 20 years of experience.

Business Unit Manager Advice

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.

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Experience Affects Business Unit Manager Salaries

Late-Career
up arrow 16%


National Average
$99,000

Mid-Career
up arrow 6%

Entry-Level
up arrow 28%

Skills That Affect Business Unit Manager Salaries

Business Development
up arrow 65%

Sales Management
up arrow 31%

Profit & Loss (P&L) Statements
up arrow 24%

Strategic Marketing
0%

National Average
$99,000

Project Management
up arrow 5%


Sales
up arrow 7%


Financial Analysis
up arrow 13%

Team Leadership
up arrow 19%

Budget Management
up arrow 26%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 45 votes.

Gender

Female
21 %
Male
79 %

Years of Experience

Less than 1 year
1%
1-4 years
17%
5-9 years
16%
10-19 years
45%
20 years or more
21%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 79%
medical benefits
Vision: 68%
dental benefits
None: 8%
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