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Business Team Leader Careers

The chief purpose of a team leader is to manage and direct a team of employees, leading them towards the goals of business or of a specific project. The responsibilities for this role may vary depending on the industry, but in general, business team leaders are in charge of establishing team objectives, guiding employees, implementing company policies, and assessing team performance. In addition, a business team leader may also have involvement in recruiting new people, developing company policies, creating business strategies, and interacting with customers and key stakeholders of the company.

The ideal team leader is a great multi-tasker who is able to juggle multiple responsibilities at once with grace and efficiency. They are also excellent communicators that can connect with team members, management, and other teams easily. Moreover, they have impeccable skills in people management, problem-solving, time management, and strategy.

Business team leaders typically have at least a bachelor's degree in business management, finance, accounting, and other business-related fields. However, it is possible to become a business team leader as a high school graduate as long as one has enough experience. Apart from educational requirements, companies prefer business leaders with at least two or more years of experience in a leadership role, ideally in a related business process or field.

There is more than meets the eye when it comes to being a business team leader. For example, did you know that they make an average of $50.1 an hour? That's $104,199 a year!

Between 2018 and 2028, the career is expected to grow 6% and produce 150,600 job opportunities across the U.S.

What Does a Business Team Leader Do

There are certain skills that many business team leaders have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed communication skills, leadership skills and management skills.

When it comes to the most important skills required to be a business team leader, we found that a lot of resumes listed 8.4% of business team leaders included business process, while 8.2% of resumes included project management, and 6.5% of resumes included business development. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the business team leader job title. But what industry to start with? Most business team leaders actually find jobs in the technology and finance industries.

How To Become a Business Team Leader

If you're interested in becoming a business team leader, one of the first things to consider is how much education you need. We've determined that 63.5% of business team leaders have a bachelor's degree. In terms of higher education levels, we found that 12.8% of business team leaders have master's degrees. Even though most business team leaders have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a business team leader. When we researched the most common majors for a business team leader, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on business team leader resumes include associate degree degrees or high school diploma degrees.

You may find that experience in other jobs will help you become a business team leader. In fact, many business team leader jobs require experience in a role such as team leader. Meanwhile, many business team leaders also have previous career experience in roles such as customer service representative or project manager.

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Average Salary
$104,199
Average Salary
Job Growth Rate
6%
Job Growth Rate
Job Openings
46,310
Job Openings

Business Team Leader Career Paths

Top Careers Before Business Team Leader

Top Careers After Business Team Leader

What is the right job for my career path?

Tell us your goals and we'll match you with the rights job to get there.

Average Salary for a Business Team Leader

Business Team Leaders in America make an average salary of $104,199 per year or $50 per hour. The top 10 percent makes over $148,000 per year, while the bottom 10 percent under $73,000 per year.
Average Salary
$104,199

Best Paying Cities

City
ascdesc
Average Salarydesc
Mahwah, NJ
Salary Range99k - 172k$131k$131,311
Hercules, CA
Salary Range91k - 177k$128k$127,520
New York, NY
Salary Range87k - 150k$115k$114,532
Baltimore, MD
Salary Range82k - 143k$109k$108,844
Wilmington, DE
Salary Range79k - 137k$105k$104,518
Austin, TX
Salary Range75k - 142k$104k$103,810
$52k
$177k

Recently Added Salaries

Job TitleCompanyascdescCompanyascdescStart DateascdescSalaryascdesc
Business Services Eligibility Specialist-Team Lead
Business Services Eligibility Specialist-Team Lead
State of North Carolina
State of North Carolina
09/24/2020
09/24/2020
$32,70309/24/2020
$32,703
Team Lead Business Analysis
Team Lead Business Analysis
Sabre GLBL Inc.
Sabre GLBL Inc.
09/25/2019
09/25/2019
$108,46709/25/2019
$108,467
Business Team Leader
Business Team Leader
Transferwise
Transferwise
09/15/2019
09/15/2019
$52,00009/15/2019
$52,000
Team Lead Business Analysis
Team Lead Business Analysis
Sabre GLBL Inc.
Sabre GLBL Inc.
08/21/2019
08/21/2019
$104,79608/21/2019
$104,796
Business Team Leader
Business Team Leader
Transferwise
Transferwise
07/15/2019
07/15/2019
$52,00007/15/2019
$52,000
See More Recent Salaries

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Business Team Leader Demographics

Gender

male

56.0 %

female

40.0 %

unknown

4.0 %

Ethnicity

White

72.7 %

Hispanic or Latino

13.0 %

Asian

6.0 %

Foreign Languages Spoken

Spanish

40.6 %

French

10.9 %

German

6.3 %
See More Demographics

Business Team Leader Education

Majors

Business
36.3 %
Finance
6.9 %

Degrees

Bachelors

63.5 %

Masters

12.8 %

Certificate

10.1 %

Top Colleges for Business Team Leaders

1. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

2. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

3. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

4. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339

5. Pennsylvania State University

University Park, PA • Public

In-State Tuition
$18,454
Enrollment
40,108

6. University of Texas at Austin

Austin, TX • Public

In-State Tuition
$10,610
Enrollment
40,329

7. SUNY at Binghamton

Vestal, NY • Public

In-State Tuition
$9,808
Enrollment
13,990

8. Northeastern University

Boston, MA • Private

In-State Tuition
$51,522
Enrollment
13,760

9. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177

10. Lehigh University

Bethlehem, PA • Private

In-State Tuition
$52,930
Enrollment
5,030
See More Education Info
Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For a Business Team Leader

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 8.4% of business team leaders listed business process on their resume, but soft skills such as communication skills and leadership skills are important as well.

Best States For a Business Team Leader

Some places are better than others when it comes to starting a career as a business team leader. The best states for people in this position are Rhode Island, New Jersey, Nevada, and California. Business team leaders make the most in Rhode Island with an average salary of $138,208. Whereas in New Jersey and Nevada, they would average $129,711 and $122,354, respectively. While business team leaders would only make an average of $114,955 in California, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. Nevada

Total Business Team Leader Jobs:
449
Highest 10% Earn:
$208,000
Location Quotient:
1.37
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Wisconsin

Total Business Team Leader Jobs:
1,488
Highest 10% Earn:
$184,000
Location Quotient:
1.72
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Ohio

Total Business Team Leader Jobs:
1,988
Highest 10% Earn:
$184,000
Location Quotient:
1.25
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
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Top Business Team Leader Employers

1. General Electric
4.7
Avg. Salary: 
$119,771
Business Team Leaders Hired: 
61+
2. IBM
4.8
Avg. Salary: 
$113,852
Business Team Leaders Hired: 
23+
3. JPMorgan Chase
4.9
Avg. Salary: 
$104,917
Business Team Leaders Hired: 
20+
4. AT&T
4.8
Avg. Salary: 
$116,425
Business Team Leaders Hired: 
20+
5. General Mills
4.8
Avg. Salary: 
$110,109
Business Team Leaders Hired: 
19+
6. Bank of America
4.8
Avg. Salary: 
$98,561
Business Team Leaders Hired: 
17+
Updated October 2, 2020