Business area manager, management and development responsibility

What does a Business Area Manager with management and development responsibilities do? – Tasks and work environment

A Business Area Manager with management and development responsibilities is responsible for leading and developing one or more business units within an organization. Tasks include strategic planning, results accountability, personnel management, and driving business development. The role often involves close collaboration with the company's management team and other managers, focusing on identifying growth opportunities, optimizing processes, and creating long-term value. The work environment is usually office-based but may also involve travel and external meetings, especially in larger or international companies.

Salary development over time

The salary for Business Area Managers with management and development responsibilities has shown a stable but somewhat fluctuating trend over the past three years. In 2022, the average salary was 90,100 SEK per month, followed by a temporary decrease to 87 800 SEK in 2023. In 2024, the salary has recovered and increased to 92 100 SEK per month, which is approximately a 5% increase compared to the previous year. This trend reflects the increased demand for qualified leadership and business development across many industries, influenced by market developments and company profitability. Salary levels are also affected by factors such as education, experience, and the specific industry where the manager operates.

Business Area Manager – management and development salary – comprehensive overview

• Average salary: 92 100 SEK/month
• Lowest salary: 59,400 SEK
• Highest salary: 117,000 SEK
• Hourly wage (average): 554 SEK
• Gender differences: Women earn 104% of what men do (95,500 SEK vs 91 400 SEK)
• Regional differences: Data on regional salary differences is unavailable

Education and qualifications

The path to a role as a Business Area Manager with management and development responsibilities usually involves an academic degree in economics, engineering, or similar fields, often supplemented with leadership and business development experience. Many have also completed further training and certifications in management. Practical experience in the industry, as well as documented ability to lead projects and teams, is crucial for reaching such a position.

• Academic degree: Bachelor's or master's in economics, engineering, or equivalent (3–5 years)
• Leadership training: Courses in management, project management, or business development
• Certifications: Examples include MBA, PMP, or similar
• Practical experience: Several years of leadership experience
• Industry knowledge: Specialization within a relevant area can be advantageous

Common benefits and compensations

In addition to base salary, comprehensive benefits such as company cars, bonuses, pension contributions, and health insurance are often offered. Wellness allowances, extra vacation days, and flexible working arrangements are also common. Individual agreements on performance-based compensation are typical at this management level.

Competition and challenges

The competition for roles as a Business Area Manager with management and development responsibilities is high, requiring both solid education and extensive experience. Candidates need to demonstrate strong business acumen, leadership skills, and results focus. Challenges in the profession often involve managing rapid changes, digitalization, and increased global competition. The ability to create engagement and drive change, as well as balancing strategic thinking with operational responsibilities, is crucial. Industry-specific requirements and expectations can also influence opportunities for advancement.

Tips for aspiring Business Area Managers with management and development responsibilities

To succeed as a Business Area Manager with management and development responsibilities, it is beneficial to combine analytical skills with a clear business focus. Building a strong network and actively seeking mentorship can facilitate the step into management roles. Self-leadership and good communication skills help build trust and lead teams toward common goals. Being flexible and able to adapt quickly to change is especially important during times of transition. A willingness to continuously learn and develop makes it easier to stay ahead in a changing industry. Finally, resilience and courage to make decisions even in uncertain conditions are often characteristic of managers at this level.

Key facts about Business Area Managers with management and development responsibilities

• Average salary: 92 100 SEK/month
• Gender distribution: Women earn more on average than men
• Work environment: Office-based, often fast-paced with high responsibility
• Education requirements: Academic degree and leadership experience
• Available jobs: 175 advertised positions within the profession

Career paths and future prospects

After three to five years in the role as a Business Area Manager with management and development responsibilities, there are often opportunities to advance to higher management roles, such as CEO or corporate management, especially within larger companies. Many also choose to specialize further in business development, strategy, or international expansion. According to the Swedish Public Employment Service, demand for qualified managers remains high, driven by digitalization and the need for strong leadership. Forecasts indicate that the number of available positions in this profession is stable, with 175 advertised jobs, suggesting good future prospects for those with the right skills and experience.

Frequently asked questions about Business Area Managers with management and development responsibilities

• What does a Business Area Manager with management and development responsibilities earn?
  - The average salary is 92 100 SEK per month, but it can vary between 59,400 SEK and 117,000 SEK depending on experience and education.
• What education is required to become a Business Area Manager?
  - Usually, an academic degree in economics, engineering, or similar, along with documented leadership experience.
• Are there differences between men's and women's salaries?
  - Yes, women earn on average 104% of men's salaries within this profession.
• What is the job market like for Business Area Managers?
  - Demand is stable with 175 available jobs according to current statistics.
• What benefits are common in this profession?
  - Bonuses, company cars, pension contributions, and health insurance are common benefits.
• What career paths are available after a few years in the profession?
  - Advancement to CEO, corporate management, or specialist roles within strategy and business development are common.
• How large is the salary variation?
  - The salary variation is broad, from 59,400 SEK to 117,000 SEK per month depending on background and sector.