Avg. Base Salary (USD)
The average salary for a Business Unit Manager is $120,243 in 2024
What is the Pay by Experience Level for Business Unit Managers?
An entry-level Business Unit Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $74,059 based on 5 salaries. An early career Business Unit Manager with 1-4 years of experience earns an average total compensation of $79,804 based on 16 salaries. A …Read more
What Do Business Unit Managers Do?
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. …Read more
- Manage and build customer relationships, tracking data and meeting emerging needs.
- Create, modify, update, and communicate budgets and strategic goals.
- Troubleshoot and resolve problems and concerns, documenting root cause and fixes.
How do Business Unit Managers Rate Their Jobs?
FAQs About Business Unit Managers
What is the highest pay for Business Unit Managers?
Our data indicates that the highest pay for a Business Unit Manager is $174k / year
What is the lowest pay for Business Unit Managers?
Our data indicates that the lowest pay for a Business Unit Manager is $71k / year
How can Business Unit Managers increase their salary?
Increasing your pay as a Business Unit Manager is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Business Unit Manager that oversees more junior Business Unit Managers, this experience can increase the likelihood to earn more.