Practice Manager with Budget Management Skills Salary

Practice Managers with Budget Management skills can expect to earn an average of $57K per year. Total cash compensation for Practice Managers with Budget Management skills runs from $41K to $87K depending on bonuses that can occasionally exceed $10K and profit sharing that can reach almost $18K. Geographic location and tenure each impact pay for this group, with the former having the largest influence. Among survey respondents, women are more common than men; 82 percent of Practice Managers with Budget Management skills are female. A large number report receiving medical coverage from their employers and more than half collect dental insurance. Most Practice Managers with Budget Management skills report high levels of job satisfaction. The numbers in this rundown were provided by PayScale's salary survey participants.

$41,099 - $86,239
(Median)
$41K
$57K
$86K
MEDIAN: $57,320
10%
50%
90%

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$16.70 - $33.46
(Median)
$17
$22
$33
MEDIAN: $22.00
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$30K$60K$90K
Salary
$41,099 - $86,239  
   
Bonus
$0.00 - $10,010  
Profit Sharing
$-0.50 - $17,951  
Commission
$6,000  
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).
)
$40,576 - $87,023  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 475
National Hourly Rate 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$15$30$45
Hourly Rate
$16.70 - $33.46  
   
Overtime
$0.00 - $41.43  
National Annualized 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$30K$60K$90K
Bonus
$0.00 - $10,010  
   
Commission
$6,000  
Profit Sharing
$-0.50 - $17,951  
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).
)
$40,576 - $87,023  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 81
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Pay by Experience Level for Practice Manager

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


Relatively untried employees who have less than five years' experience make $52K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $61K. On average, Practice Managers with Budget Management skills make $58K following one to two decades on the job. Practice Managers with Budget Management skills who have spent more than 20 years on the job report earning a significantly higher median of $60K.

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Experience Affects Practice Manager Salaries

Mid-Career
up arrow 7%

Late-Career
up arrow 5%

Experienced
up arrow 1%

National Average
$57,000

Entry-Level
up arrow 9%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 111 votes.

Gender

Female
82 %
Male
18 %

Years of Experience

Less than 1 year
1%
1-4 years
25%
5-9 years
24%
10-19 years
31%
20 years or more
19%

Common Health Benefits

medical benefits
Medical: 80%
dental benefits
Dental: 68%
medical benefits
Vision: 57%
dental benefits
None: 15%
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