Average Commercial Manager Salary in United Kingdom

£46,035
Avg. SalaryShow Hourly Rate
£5,020
Bonus
£5,996
Commission
£1,500
Profit Sharing
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The average salary for a Commercial Manager in United Kingdom is £46,035.
10%
£29k
MEDIAN
£46k
90%
£74k
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Salary
£29k - £74k
Bonus
£1k - £15k
Profit Sharing
£370 - £10k
Commission
£1k - £31k
Total Pay
£29k - £81k
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What Do Commercial Managers Do?

Commercial Manager Tasks
  • Develop and maintain strong relationships with clients, creating new contracts and updating as conditions or tariffs change.
  • Use analytics to create action plans for business growth.
  • Oversee and direct contractors, staff, suppliers and carriers to ensure timely results.
  • Procure and obtain materials and supplies for ongoing and one-time projects.
  • Develop pricing structures and risk assessments for products to lead commercial efforts.
The top respondents for the job title Commercial Manager are from the companies Mace, Marks and Spencer plc and HSBC. Reported salaries are highest at Balfour Beatty where the average pay is £73,177. Other companies that offer high salaries for this role include Transport for London and Babcock Marine, earning around £62,388 and £58,000, respectively. HSBC pays the lowest at around £33,681. International Business Machines (IBM) Corp. and Marks and Spencer plc also pay on the lower end of the scale, paying £36,500 and £37,918, respectively.

Commercial Manager Job Listings

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What Are Popular Skills for Commercial Managers?

Skills in Commercial, Contract Negotiation and Contract Management are correlated to pay that is above average. Skills that pay less than market rate include Financial Analysis and Customer Relationship Management (CRM).

What is the Pay by Experience Level for Commercial Managers?

An entry-level Commercial Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of £30,475 based on 19 salaries. An early career Commercial Manager with 1-4 years of experience earns an average total compensation of £38,548 based on 253 salaries. A mid-career Commercial Manager with 5-9 years of experience earns an average total compensation of £45,855 based on 250 salaries. An experienced Commercial Manager with 10-19 years of experience earns an average total compensation of £54,795 based on 316 salaries. In their late career (20 years and higher), employees earn an average total compensation of £60,269.
Employees with Commercial Manager in their job title in London, England: London earn an average of 18.8% more than the national average. These job titles also find higher than average salaries in Reading, England: Berkshire (12.1% more) and Newcastle-upon-Tyne, England: Tyne and Wear (7.3% more). The lowest salaries can be found in Glasgow, Scotland: Glasgow (12.1% less) and Birmingham, England: Birmingham (6.3% less).

Years of Experience

This data is based on 1,000 survey responses.
Entry Level
1.9%
Early Career
25.3%
Mid Career
25.0%
Experienced
31.6%
Late Career
16.2%

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