Knowing the salary potential in organizational leadership helps determine if this bachelor’s or master’s major will pay off. Estimating an exact dollar figure for organizational leadership careers is tough because they’re so varied. Organizational leadership degrees prepare students with the managerial acumen to take on diverse business roles. Whether on-campus or online, the curriculum instills the hard and soft skills students need to enhance workplaces for better corporate productivity. In general, the Bureau of Labor Statistics reports that management occupations pay a median wage of $104,240. Compensation ranges based on degree level, experience, certification, and field though. For example, food service managers earn $54,240 while computer systems managers make $142,530 yearly on average. This article will list the salary potential in four jobs for organizational leadership graduates.
Human Resources Manager
Human resources managers are responsible for making personnel decisions and policies that ensure organizations have educated, efficient workforces. According to the Bureau of Labor Statistics, the United States has 143,580 HR managers who receive an average salary of $126,700 yearly, or $60.91 per hour. Human resources managers in local or state government earn less at $106,890. Financial investment firms pay HR leaders the most at $169,310. New Jersey and Washington DC have the highest paid human resources managers making mean annual wages of $169,040 and $162,410 respectively.
Management consultants sign contracts to assist organizational leadership teams with finding solutions to profit-sinking problems and improving operations. America employs 684,470 management consultants who are compensated a mean pay of $94,390, or $45.38 per hour. Consultants at insurance carriers earn below average at $84,950. Residential building construction companies pay the most at $135,820. Management consultants earn the biggest median salaries in New York and Massachusetts with $111,040 and $110,150 respectively.
Training and Development Manager
Training and development managers create employee education programs or refresher workshops to keep a company’s talent ready to succeed. The 35,690 T&D managers nationwide have high salary potential in organizational leadership with a mean $121,730 yearly or $58.53 hourly pay. Business schools provide $112,530 on average for T&D managers. Law firms pay training and development managers the most at $165,430. Top-paying states for T&D management are New Jersey and New York at $158,080 and $153,180 respectively.
Postsecondary Education Administrator
Postsecondary education administrators oversee various campus departments that serve college-age youth and produce scholarly research. The United States has over 4,140 higher learning institutions hiring 142,160 administrators with a mean salary of $107,670, or $51.77 per hour. Administrators at trade schools are paid the least at $90,020 annually. Medical and surgical hospitals give postsecondary administrators the most at $128,660. The highest-paid university administrators are in New Jersey and Delaware with $154,300 and $146,430 respectively.
Related Resource: Top 10 Best Value Bachelor’s in Organizational Leadership Degrees Online
Overall, now’s an excellent time to pursue organizational leadership careers. It’s projected that management employment will increase eight percent for 807,300 new jobs in America by 2026. The National Center for Education Statistics currently counts 425 schools that offer organizational leadership degrees. Some great examples include Arizona State, Brenau, Oral Roberts, Fresno Pacific, Northwestern, Arkansas Tech, Pepperdine, Robert Morris, Saint Mary’s, Valdosta State, and George Washington. Organizational leadership graduates make the world their oyster and pick upper-level jobs in assorted fields. From industrial production manager to B2B sales manager, these careers mostly have six-figure salary potential in organizational leadership, high satisfaction rates, and good benefits.