Business Managers
Overview
Introduction
Business managers plan, organize, direct, and coordinate the operations of firms in business and industry. They may oversee an entire company, a geographical territory of a companys operations, or a specific department within a company. There are more than 3.5 million managerial jobs in the United States.
Quick Facts
Median Salary
Employment Prospects
Minimum Education Level
Experience
Skills
Personality Traits
Earnings
Salary levels for business managers vary substantially, depending upon the level and range of responsibility, length of service, and type, size, and location of the organization. Top-level managers in large businesses are among todays highest paid workers and can earn much more than their counterparts in small firms. Also, salaries in large metropolitan areas, such as New York City, are higher ...
Work Environment
Business managers are provided with comfortable offices near the departments they direct. Top executives may have spacious, lavish offices and may enjoy such privileges as executive dining rooms, company cars, country club memberships, and liberal expense accounts.
Managers often travel between national, regional, and local offices. Top executives may travel to meet with executives in ot...
Outlook
Overall, employment of general and operations managers and executives is expected to grow by about 3 percent, as fast as the average for all careers, through 2032, according to the U.S. Bureau of Labor Statistics. Some job openings will be the result of managers being promoted to better positions, retiring, or leaving their positions to start their own businesses. Even so, the compensation and ...