The average salary for a Business Manager in United Kingdom is £35,322.
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What Do Business Managers Do?
A business manager is sought after by a variety of companies in many industries. Some employers will be looking for candidates with a bachelor's degree in business administration or a similar discipline, while others are willing to accept an applicant with a high school diploma or associate's degree. The business manager should also usually have at least two years of experience working in administration positions, in addition to several years of experience in the industry of the company. The pro…Read more
Business Manager Tasks
- Manage business and financial affairs related to the administration of business unit or department.
- Drive business functions and ensures employee efforts support organizational goals and objectives.
- Provide overall management of financial operations, practice growth, marketing and administration.
Popular Employer Salaries for Business Manager
The top respondents for the job title Business Manager are from the companies Barclays Bank PLC, HSBC and J.P. Morgan Chase & Co. (JPMCC). Reported salaries are highest at J.P. Morgan Chase & Co. (JPMCC) where the average pay is £65,000. Other companies that offer high salaries for this role include HSBC and Barclays Bank PLC, earning around £60,500 and £48,000, respectively. Estee Lauder Companies Inc pays the lowest at around £21,991. McDonald's Restaurants Ltd. and British Airways also pay on the lower end of the scale, paying £29,353 and £33,946, respectively.
Business Manager Job Listings
What Are Popular Skills for Business Managers?
Skills in Operations Management, Budget Management, People Management and Project Management are correlated to pay that is above average. Skills that pay less than market rate include Business Development.
What is the Pay by Experience Level for Business Managers?
An entry-level Business Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of £25,959 based on 35 salaries. An early career Business Manager with 1-4 years of experience earns an average total compensation of £31,280 based on 251 salaries. A mid-career Business Manager with 5-9 years of experience earns an average total compensation of £35,920 based on 186 salaries. An experienced Business Manager with 10-19 years of experience earns an average total compensation of £39,597 based on 237 salaries. In their late career (20 years and higher), employees earn an average total compensation of £41,441.
Pay Difference by Location
Employees with Business Manager in their job title in London, England: London earn an average of 24.8% more than the national average. These job titles also find higher than average salaries in Bristol, England: Bristol (9.9% more) and Manchester, England: Manchester (6.2% more). The lowest salaries can be found in Birmingham, England: Birmingham (14.7% less), Sheffield, England: South Yorkshire (12.3% less) and Birmingham, England: West Midlands (6.5% less).
Years of Experience
This data is based on 819 survey responses.