How Much Do Policy 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 policy 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 policy 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 policy managers are offering as compensation.
Keep reading to learn more about how much policy managers can expect to make in the United States.
At a Glance: Salary & Jobs for Policy Managers
According to data from 2023, there were about 8,201 positions for policy managers in the United States. In terms of salary, the national median salary for policy managers was reported to be $132,350. Additionally, when examining job demand, employers across the country posted 8,461 job postings related to positions for policy managers.
How Much Money Do Policy Managers Make?
Median salary is just one data point. To build a better understanding of how much money policy 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 policy managers.
Annual Salary for Policy Managers
According to the BLS, the lowest earners for policy managers and related professions earned about $72,467 per year in 2023. Meanwhile, at the other end of the spectrum, the highest earners made about $183,498 annually.
As mentioned previously, the median salary for policy managers in the United States in 2023 was $132,350.
Annual Salary Range For Policy Managers In 2023
Hourly Salary for Policy Managers
The BLS also breaks down compensation for policy managers by hourly salary, and the median average hourly pay for policy managers in 2023 was $64. Lowest hourly earners took home $35 while the highest reported hourly salaries for policy managers was $88.
Hourly Salary Range For Policy Managers In 2023
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Degree Options for Policy Managers
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- Months To Complete: 14
- Placement Tests: GMAT/GRE not required for admission
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- Months To Complete: 14
- Placement Tests: GMAT/GRE not required for admission
Advertised Compensation for Policy Managers
Data from the BLS is one way to dig into compensation for policy 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 policy 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 Policy Managers
Advertised Annual Salary
During a review of 9,651 job postings related to policy managers, advertised salary was included in 3,642 of them, which was 38%. Based on those postings, the median advertised salary for policy managers was $91,904 per year.
Hourly Salary from Job Postings for Policy Managers
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for policy managers. Based on 43% of postings with advertised compensation, the median hourly salary for open positions for policy managers in the United States is about $44.
Salary Trend for Policy Managers
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for policy 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 policy managers dating back to September 2020, advertised salaries for policy managers have increased 23%.
Advertised Wage Trend For Policy Managers
What's the Job Growth for Policy 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 policy managers over the next 10 years.
According to the data obtained through Lightcast,™ there were 8,200 jobs for policy managers in the United States in 2023. By 2033, it is expected that about 355 jobs will be added. That's a 4.3% increase over the next 10-year period.
Employment Projections For Policy Managers
Additional Links
Ready to dig deeper into career information about policy managers? Visit our other pages focused on salary and education for policy managers.
What do policy managers do?
Policy Managers: How do you become one?
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