Working smarter businessmanagement profile 2015

Page 1

OCCUPATION PRIMER SERIES

BUSINESS MANAGEMENT MANAGEMENT - BACK IN BUSINESS In Southeast Michigan, employers have strong and growing demand for business managers. In the first nine months of 2015, regional employers have already posted 6,298 open positions related to business management— more postings than the full year of 2014. Employment in the field is growing at a steady rate and more openings are created every year. About 22% of business managers are at least 55 years old and will likely retire in the next five to ten years. There are expected to be an average of 1,300 openings per year between now and 2020. These jobs often require or prefer an individual with a Bachelor’s degree, however, this is an excellent opportunity for students to start their career with a two-year program at a local community college.

SALARY POTENTIAL

Current workers in business management have a starting annual salary of $47,130. This is higher than the median family income in the region. With experience, annual earnings can grow upward of $100,000, a very competitive salary. The current workforce is also primarily white and male, which means there is a great opportunity to attract women and minorities into the field to grow the workforce.

67% 67% of the workers currently in this field are male.

6,298

jOB postings

High and growing employer demand for these management positions

Bachelor's degree preferred

$47,130 starting salary

14% Only 14% of the workers currently in this field are minorities.

For more information on how to start your career in business management visit your local community college.


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.