Average Practice Manager with Budget Management Skills Salary

$59,215
Avg. SalaryShow Hourly Rate
$2,476
Bonus
$3,500
Commission
$2,479
Profit Sharing
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The average salary for a Practice Manager with Budget Management skills is $59,215.
10%
$42k
10%
$59k
50%
$80k
90%
90%
MEDIAN $59,215
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United States (change)
Salary
$42k - $80k
Bonus
$196 - $10k
Profit Sharing
$0 - $7k
Commission
$2k - $20k
Total Pay
$42k - $80k

Your Market Worth Over Time

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Job Description for Practice Manager

Practice Manager Tasks
  • Implement programs and procedures to improve operations efficiency.
  • Manage overall operations of the specific practice's business functions (e.g. payroll, bank accounts, accounts payable).
  • Manage staff and oversee budget and financial functions.

Popular Employer Salaries for Practice Manager

The top respondents for the job title Practice Manager are from the companies Banfield, The Pet Hospital, HCA Physician Services and HCA, Inc.. Reported salaries are highest at Rochester Regional Health where the average pay is $69,840. Other companies that offer high salaries for this role include HCA Physician Services, earning around $55,500. HCA, Inc. pays the lowest at around $47,800. Banfield, The Pet Hospital also pays on the lower end of the scale, paying $50,398.

Practice Manager Job Listings

Popular Skills for Practice Manager

Skills in Operations Management are correlated to pay that is above average. Skills that pay less than market rate include Office Administration, Administration, Human Resources (HR) and Office Management.

Pay by Experience Level for Practice Manager

An entry-level Practice Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $47,656 based on 49 salaries. An early career Practice Manager with 1-4 years of experience earns an average total compensation of $53,996 based on 212 salaries. A mid-career Practice Manager with 5-9 years of experience earns an average total compensation of $61,745 based on 212 salaries. An experienced Practice Manager with 10-19 years of experience earns an average total compensation of $61,446 based on 266 salaries. In their late career (20 years and higher), employees earn an average total compensation of $60,772.
Employees with Practice Manager in their job title in Chicago, Illinois earn an average of 25.0% more than the national average. These job titles also find higher than average salaries in Boston, Massachusetts (24.0% more) and Cincinnati, Ohio (19.1% more). The lowest salaries can be found in St. Louis, Missouri (13.1% less) and Dallas, Texas (6.7% less).

Years of Experience

This data is based on 860 survey responses.
Entry Level
5.7%
Early Career
24.7%
Mid Career
24.7%
Experienced
30.9%
Late Career
14.1%