How Much Do Workforce Managers Make?
Having a clear understanding of earnings potential is important, especially if you are researching career paths or considering changing jobs. If you're one of those people, and you're curious what kind of salary workforce managers make, you've come to the right place.
Using data from Lightcast,™ the Best Adult Colleges and Careers Guide has compiled rich information about salary for workforce managers and related jobs, including details about average compensation, salary trends and job growth. We've also gathered advertised salaries from actual job postings to provide insight into what employers of workforce managers are offering as compensation.
Keep reading to learn more about how much workforce managers can expect to make in the United States.
At a Glance: Salary & Jobs for Workforce Managers
According to data from 2023, there were about 213,656 positions for workforce managers in the United States. In terms of salary, the national median salary for workforce managers was reported to be $136,344. Additionally, when examining job demand, employers across the country posted 132,487 job postings related to positions for workforce managers.
How Much Money Do Workforce Managers Make?
Median salary is just one data point. To build a better understanding of how much money workforce managers and related positions can expect to make in the United States, it can be helpful to look at the full range of compensation for those jobs.
Let's look more deeply at data that was reported to the U.S. Bureau of Labor Statistics (BLS) for detail into the lowest and highest salary earnings for workforce managers.
Annual Salary for Workforce Managers
According to the BLS, the lowest earners for workforce managers and related professions earned about $81,058 per year in 2023. Meanwhile, at the other end of the spectrum, the highest earners made about $260,167 annually.
As mentioned previously, the median salary for workforce managers in the United States in 2023 was $136,344.
Annual Salary Range For Workforce Managers In 2023
Hourly Salary for Workforce Managers
The BLS also breaks down compensation for workforce managers by hourly salary, and the median average hourly pay for workforce managers in 2023 was $66. Lowest hourly earners took home $39 while the highest reported hourly salaries for workforce managers was $125.
Hourly Salary Range For Workforce Managers In 2023
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Advertised Compensation for Workforce Managers
Data from the BLS is one way to dig into compensation for workforce managers, but another way to build a more real-time understanding of salary is to look at actual job postings and see what compensation organizations are currently providing to fill open positions for workforce managers.
Keep in mind that salary data is not included in every job posting, so the information compiled here is reflective of the data available through Lightcast.™
Annual Salary from Job Postings for Workforce Managers
Advertised Annual Salary
During a review of 145,869 job postings related to workforce managers, advertised salary was included in 48,980 of them, which was 34%. Based on those postings, the median advertised salary for workforce managers was $100,224 per year.
Hourly Salary from Job Postings for Workforce Managers
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for workforce managers. Based on 37% of postings with advertised compensation, the median hourly salary for open positions for workforce managers in the United States is about $48.
Salary Trend for Workforce Managers
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for workforce managers. The chart below provides a snapshot of advertised salaries over the past three years.
Based on compensation data that was included in job postings for workforce managers dating back to September 2020, advertised salaries for workforce managers have increased 28%.
Advertised Wage Trend For Workforce Managers
What's the Job Growth for Workforce Managers?
Another data point that someone thinking about a career path should consider is whether or not jobs are expected to see growth in the future. The chart below looks at projected employment for workforce managers over the next 10 years.
According to the data obtained through Lightcast,™ there were 213,457 jobs for workforce managers in the United States in 2023. By 2033, it is expected that about 22,902 jobs will be added. That's a 10.7% increase over the next 10-year period.
Employment Projections For Workforce Managers
Additional Links
Ready to dig deeper into career information about workforce managers? Visit our other pages focused on salary and education for workforce managers.
What do workforce managers do?
Workforce Managers: How do you become one?
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