Average Business Manager with Budget Management Skills Salary in Melbourne, Victoria
The average annual salary of Business Manager is $105,889.00
The starting salary of Business Manager is between $67,014.00 and $78,840.00 whereas the maximum salary range is between $150,800.00 and $173,420.00.
Minimum Annual Pay | Maximum Annual Pay |
---|---|
$67,014.00 | $173,420.00 |
The average hourly pay of Business Manager is $40.32.
The starting hourly rate is between $22.00 and $26.16 for Business Manager whereas the maximum hourly wage is between $55.00 and $63.00.
Minimum Hourly Pay | Maximum Hourly Pay |
---|---|
$22.00 | $63.00 |
Business Manager Salary Comparison by Gender
This pie chart demonstrates the gender share for Business Manager. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.
As shown in the chart, male employees are involved significantly more as Business Manager compared to female. Their involvement is 51% while of female is only 49%.
Salary Distribution Based on Years of Experience
The line graph shows Business Manager salary in Melbourne, Victoria, Australia on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.
For Business Manager having experience between 1-4 years, their salary is around $80,694.32.
Once the experience reaches 5-9 years Business Manager salary would increase again to a total of $88,203.46, adding $7,509.14 from the last salary increase.
After reaching the 10-19 year experience in their career, decrease in salary is noted to a total of $109,852.67.
And finally, once the Business Manager gains 20 years of experience or more, their salary would reach $112,980.00.
Compensation Statistics Based on Experience Levels
This combination of a line and the bar graph shows how the experience affects the salary of Business Manager. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.
As shown in the trends, lowest earning is $81,535.00 whereas the highest earning is $111,183.00 which clearly shows the salary increases with the level of expertise.
Experienced person will earn the maximum salary of $111,183.00 at 5%. So to summerize, Early Career earns 23% less than the average salary, Mid Carrer earns 17% less than the average salary, Late Career earns 2% more than the average salary, Experienced earns 5% more than the average salary.
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