What is the average salary for business manager?
Michael Gray
Updated on March 22, 2026
Business Manager Salary
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $93,500 | $45 |
| 75th Percentile | $72,000 | $35 |
| Average | $61,153 | $29 |
| 25th Percentile | $41,000 | $20 |
Do business managers make good money?
Business Operations Managers made a median salary of $100,780 in 2019. The best-paid 25 percent made $157,430 that year, while the lowest-paid 25 percent made $65,660.
What percentage do business managers make?
Business managers tend to charge a monthly retainer of $1,500 and up or take a percentage of your income, usually 5%, as payment for their time. That’s why, even though most of us would prefer not to deal with our bills, business managers are usually retained only by the very rich and very busy.
What benefits do business managers get?
Benefits for management positions will always include generous health and dental insurance, contributions to retirement plans, and paid vacations. Benefits may well include profit-sharing or bonuses.
How many hours do business managers work?
Most professionals in this role put in at least a 40-hour week. Flexible hours and overtime are often required to meet business demands, but in return, business managers typically enjoy high salaries and excellent benefits.
How much does a business manager make in the US?
How much does a Business Manager make in the United States? The average Business Manager salary in the United States is $75,965 as of May 27, 2021, but the salary range typically falls between $56,359 and $100,142.
How much does a business manager make in Virginia?
People working as a Business Manager in your area are making on average $57,937 per year or $3,216 (5%) less than the national average annual salary of $61,153. Virginia ranks number 18 out of 50 states nationwide for Business Manager salaries.
What’s the job description for a business manager?
Job Description for Business Manager. 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 prospective employee should be proficient in Microsoft Office.
What do you need to be a business manager?
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.
