How Much Do Assistant 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 assistant 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 assistant 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 assistant managers are offering as compensation.
Keep reading to learn more about how much assistant managers can expect to make in the United States.
At a Glance: Salary & Jobs for Assistant Managers
According to data from 2023, there were about 585,637 positions for assistant managers in the United States. In terms of salary, the national median salary for assistant managers was reported to be $135,158. Additionally, when examining job demand, employers across the country posted 306,895 job postings related to positions for assistant managers.
How Much Money Do Assistant Managers Make?
Median salary is just one data point. To build a better understanding of how much money assistant 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 assistant managers.
Annual Salary for Assistant Managers
According to the BLS, the lowest earners for assistant managers and related professions earned about $63,690 per year in 2023. Meanwhile, at the other end of the spectrum, the highest earners made about $264,993 annually.
As mentioned previously, the median salary for assistant managers in the United States in 2023 was $135,158.
Annual Salary Range For Assistant Managers In 2023
Hourly Salary for Assistant Managers
The BLS also breaks down compensation for assistant managers by hourly salary, and the median average hourly pay for assistant managers in 2023 was $65. Lowest hourly earners took home $31 while the highest reported hourly salaries for assistant managers was $127.
Hourly Salary Range For Assistant Managers In 2023
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Advertised Compensation for Assistant Managers
Data from the BLS is one way to dig into compensation for assistant 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 assistant 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 Assistant Managers
Advertised Annual Salary
During a review of 329,485 job postings related to assistant managers, advertised salary was included in 116,939 of them, which was 35%. Based on those postings, the median advertised salary for assistant managers was $105,344 per year.
Hourly Salary from Job Postings for Assistant Managers
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for assistant managers. Based on 38% of postings with advertised compensation, the median hourly salary for open positions for assistant managers in the United States is about $51.
Salary Trend for Assistant Managers
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for assistant 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 assistant managers dating back to September 2020, advertised salaries for assistant managers have increased 30%.
Advertised Wage Trend For Assistant Managers
What's the Job Growth for Assistant 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 assistant managers over the next 10 years.
According to the data obtained through Lightcast,™ there were 586,584 jobs for assistant managers in the United States in 2023. By 2033, it is expected that about 50,470 jobs will be added. That's a 8.6% increase over the next 10-year period.
Employment Projections For Assistant Managers
Additional Links
Ready to dig deeper into career information about assistant managers? Visit our other pages focused on salary and education for assistant managers.
What do assistant managers do?
Assistant Managers: How do you become one?
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