Business area manager, management and development responsibility salary

Business Area Manager, Management and Development Responsibilities: An Overview

Working as a business area manager with management and development responsibilities entails having a central role in the company's strategic and operational activities. A business area manager is responsible for leading and developing a specific business area within the company. This includes setting goals, developing strategies, monitoring results, and ensuring that the business area contributes to the company's overall success.

Salary for Business Area Manager, Management and Development Responsibilities

According to the latest statistics, the average salary for a business area manager with management and development responsibilities is 87 800 SEK per month. Gender pay disparities are noticeable; men in the profession earn an average of 88 700 SEK while women earn 84 200 SEK, meaning that women earn 95% of what men do. The average salary has increased from 90 100 SEK to 87 800 SEK since the last survey, indicating a positive trend in salary development.

Education and Skills

To become a business area manager, a higher education in areas such as economics, technology, or management is often required. A bachelor's degree is usually a minimum requirement, but many managers also have a master's degree or MBA. Key skills include leadership, strategic thinking, analytical ability, and good communication skills.

Job Responsibilities

As a business area manager, one has a wide range of job responsibilities. These may include:

• Developing and implementing business strategies
• Monitoring and analyzing business results
• Building and leading teams
• Managing budgets and financial results
• Identifying and developing new business opportunities

Requirements for Becoming a Business Area Manager

Experience is a key factor in obtaining a position as a business area manager. Many have a background in leadership and have worked their way up within the company. Having a strong track record of proven success in business development and management is often a requirement.

Benefits

Benefits for business area managers may vary depending on the company, but it is common to receive paid training, a company car, a company phone, and other benefits that can facilitate work and contribute to personal development.