The chief duty of a performance manager is to monitor and improve the performance of employees in their company. To do this, they use organizational objectives and performance standards as bases. Usually, they are part of the human resources department and may also participate in hiring and training employees.
The work responsibilities of a performance manager may vary widely, but in general, these include analyzing performance data, evaluating employee performance using KPIs, conducting statistical performance analysis, and participating in the development of training materials as well as hiring standards. Sometimes, they also conduct interviews to help hiring managers to select the best talent.
The typical requirements for this role are a degree in business, management, or something similar, as well as prior work experience in a similar role. Most of the time, performance managers are also former hiring managers or team supervisors.
Since the performance of employees is imperative to a company's success, a performance manager's role is crucial. Hence, they make a high average salary of $104,000 per year, roughly $50 an hour.
There is more than meets the eye when it comes to being a performance manager. For example, did you know that they make an average of $50.21 an hour? That's $104,441 a year!
Between 2018 and 2028, the career is expected to grow 6% and produce 150,600 job opportunities across the U.S.
There are certain skills that many performance managers 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 performance manager, we found that a lot of resumes listed 10.3% of performance managers included procedures, while 8.7% of resumes included customer service, and 8.0% of resumes included performance management. 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 performance manager job title. But what industry to start with? Most performance managers actually find jobs in the retail and technology industries.
If you're interested in becoming a performance manager, one of the first things to consider is how much education you need. We've determined that 59.2% of performance managers have a bachelor's degree. In terms of higher education levels, we found that 14.8% of performance managers have master's degrees. Even though most performance managers 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 performance manager. When we researched the most common majors for a performance manager, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on performance manager resumes include associate degree degrees or high school diploma degrees.
You may find that experience in other jobs will help you become a performance manager. In fact, many performance manager jobs require experience in a role such as manager. Meanwhile, many performance managers also have previous career experience in roles such as operations manager or project manager.