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Business manager hiring summary. Here are some key points about hiring business managers in the United States:
Here's a step-by-step business manager hiring guide:
A business manager is responsible for directing the overall operations of the company, ensuring that all employees do their tasks efficiently and accurately. Business managers' duties include developing strategic solutions, evaluating employees' performance, identifying business opportunities to grow, monitoring the company's expenses to meet its budget goals, implementing techniques to boost the company's revenue and profitability, and adhering to the company's legal policies and procedures. A business manager must have excellent leadership and interpersonal skills to supervise daily operations.
The business manager hiring process starts by determining what type of worker you actually need. Certain roles might require a full-time employee, whereas part-time workers or contractors can do others.
Hiring the perfect business manager also involves considering the ideal background you'd like them to have. Depending on what industry or field they have experience in, they'll bring different skills to the job. It's also important to consider what levels of seniority and education the job requires and what kind of salary such a candidate would likely demand.
This list presents business manager salaries for various positions.
| Type of Business Manager | Description | Hourly rate |
|---|---|---|
| Business Manager | Top executives devise strategies and policies to ensure that an organization meets its goals. They plan, direct, and coordinate operational activities of companies and organizations. | $22-69 |
| Manager Of Business Services | Business Service Managers are administrative professionals who oversee different service-related functions in the company. They manage the teams involved in serving various functions... Show more | $32-67 |
| Office And Operations Manager | Office and Operations managers are tenured or experienced employees with a strong office administration and business operations background. They oversee office operations and ensure that the administrative team is working well... Show more | $18-38 |
Including a salary range in your business manager job description is one of the best ways to attract top talent. A business manager can vary based on:
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Washington | $117,523 | $57 |
| 2 | New Jersey | $110,778 | $53 |
| 3 | California | $107,888 | $52 |
| 4 | New York | $106,100 | $51 |
| 5 | Massachusetts | $99,032 | $48 |
| 6 | Virginia | $97,758 | $47 |
| 7 | District of Columbia | $95,996 | $46 |
| 8 | Minnesota | $83,491 | $40 |
| 9 | Oregon | $83,226 | $40 |
| 10 | Illinois | $78,301 | $38 |
| 11 | North Carolina | $77,605 | $37 |
| 12 | Pennsylvania | $77,260 | $37 |
| 13 | Maryland | $75,847 | $36 |
| 14 | Colorado | $75,395 | $36 |
| 15 | Michigan | $72,548 | $35 |
| 16 | Texas | $71,813 | $35 |
| 17 | Indiana | $68,499 | $33 |
| 18 | Ohio | $67,183 | $32 |
| 19 | Georgia | $60,556 | $29 |
| 20 | Arizona | $60,522 | $29 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | The Citadel | $189,880 | $91.29 | 5 |
| 2 | Boston Consulting Group | $184,222 | $88.57 | 2 |
| 3 | ZS | $183,329 | $88.14 | 5 |
| 4 | Meta | $159,894 | $76.87 | 197 |
| 5 | The Walt Disney Company | $158,294 | $76.10 | 26 |
| 6 | Pure Storage | $154,643 | $74.35 | 16 |
| 7 | Citi | $154,531 | $74.29 | 24 |
| 8 | BP America Inc | $153,879 | $73.98 | |
| 9 | Chevron | $151,406 | $72.79 | 13 |
| 10 | $151,125 | $72.66 | 142 | |
| 11 | PayPal | $150,799 | $72.50 | 37 |
| 12 | Apple | $150,307 | $72.26 | 35 |
| 13 | ORIX USA | $149,614 | $71.93 | |
| 14 | Pwc | $149,386 | $71.82 | 1,473 |
| 15 | Accenture | $147,292 | $70.81 | 1,651 |
| 16 | Neuberger Berman | $145,245 | $69.83 | 6 |
| 17 | Fiverr | $143,809 | $69.14 | |
| 18 | Bloomberg | $140,681 | $67.64 | 1 |
| 19 | Sanofi US | $138,429 | $66.55 | 67 |
| 20 | Shell Trading | $138,178 | $66.43 | 6 |
A business manager job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. To help get you started, here's an example of a business manager job description:
There are various strategies that you can use to find the right business manager for your business:
To successfully recruit business managers, your first interview needs to engage with candidates to learn about their interest in the role and experience in the field. You can go into more detail about the company, the role, and the responsibilities during follow-up interviews.
It's also good to ask about candidates' unique skills and talents. You can move on to the technical interview if a candidate is good enough for the next step.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've decided on a perfect business manager candidate, it's time to write an offer letter. In addition to salary, it should include benefits and perks available to the employee. Qualified candidates may be considered for other positions, so make sure your offer is competitive. Candidates may wish to negotiate. Once you've settled on the details, formalize your agreement with a contract.
It's also important to follow up with applicants who do not get the job with an email letting them know that the position is filled.
After that, you can create an onboarding schedule for a new business manager. Human Resources and the hiring manager should complete Employee Action Forms. Human Resources should also ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc., and that new employee files are created.
There are different types of costs for hiring business managers. One-time cost per hire for the recruitment process. Ongoing costs include employee salary, training, onboarding, benefits, insurance, and equipment. It is essential to consider all of these costs when evaluating hiring a new business manager employee.
You can expect to pay around $83,198 per year for a business manager, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for business managers in the US typically range between $22 and $69 an hour.