Becoming a manager can be a big career move, with many working hard to reach a higher position. After all, clinching a role as a manager means you’ve gone from being a regular employee to a leader – it’s no wonder so many people aspire to achieve this. Of course, a managerial position can come with multiple benefits, the most obvious one being a better salary. But what is the average manager’s salary in the UK? If you’re exploring managerial positions, then this is probably one of the first questions you’re asking. Here, the experts at Zoom Recruitment dig a little deeper.
What is the average manager’s salary?
Generally, the average salary for managers in the UK is roughly around the £45,000 mark. However, depending on multiple factors, including experience and location, this can range between £35,000 to nearer £70,000 – with some even stretching to almost £90,000.
What factors can impact the salary of a manager?
Like all roles, the position ‘manager’ is very generic – and doesn’t come with one umbrella salary. Many factors can impact the salary of a manager, including:
-
Location
It might come as no surprise to hear that location can have a huge impact on the salary of a manager – with London being the highest-paying city in the UK. Shortly behind London, you’ll find the likes of Reading, Crawley, Bristol, Birmingham and Leeds.
-
Education
Having a degree or a relevant qualification in the industry will have a positive impact on salary.
-
Experience
While having a degree or qualification is expected for those seeking a managerial role, one of the main ways to secure salary growth is experience. It’s said that employers actually value experience just as much, if not more so, than they do education. With that in mind, the number of years in a specific role or working in a particular industry will be reflected in your salary.
-
Skills and knowledge
What naturally comes hand-in-hand with experience is knowledge – so, if you’re aspiring to get a managerial position, then it’s worth working on building up your skillset as your career progresses. After all, for many companies, employing a manager with a specific set of skills is far more beneficial than not, which means they’ll often be willing to pay more.
-
The industry
Wages vary depending on the industry and employer. Last year (2022) many of the highest earners were in the finance, marketing, IT and healthcare sectors. And remember, it’s not just about the salary alone, you should consider other perks of a job, including any holiday allowance, insurance plans and pension contributions.
Are you looking for a managerial job? Or looking to fill a managerial position? Contact Zoom Recruitment.
If you’re looking for a manager job or to fill a position at your company, then this is your sign to get in touch with Zoom Recruitment. Our team of professional recruiters and specialist headhunters are experts in successfully matching potential managers with their next role.
