Leadership and Management is the backbone of business. All organizations require strong leaders to keep things running smoothly.
Education and Training
Leaders and Managers must be familiar with management principles and practices, and know how and when to put them into practice. Most managerial positions require competency in specific field of the job functions and no formal degree, however, obtaining a formal education in management provides more opportunities for career advancement and allows for increased positive outcomes in the workplace.
How much does this job pay?
The median annual wage and salary for management occupations was $131,200 in May 2022. The middle 50 percent earned an average of $107,360. The bottom 25 percent earned about $75,350, and the top 25 percent earned from $163,710 to $221,000. Medical and health service managers, specifcally, earned an average of $104,830.
How many jobs are there?
In all fields of management, about 9,860,749 jobs were held in the United States in 2022. Management of companies and enterprises held about 552,800 jobs, and medical and health services managers held about 509,500 jobs in 2022. Florida ranks among the states with the highest employment level in Management Occupations, employing 534,030 jobs in 2022.
What about the future?
Employment is projected to grow faster than the average from 2022 to 2032. An average estimate of 1.1 million jobs are projected to open each year. Job opportunities should be good, especially for applicants with work experience in healthcare and strong business management skills. Employment of managers is expected to grow significantly in the years to come, faster than the average for all occupations.