The average salary for an assistant business manager is about $62,000 a year, a range of $44,000 to $85,000. The average start salary is $52,000. The average salary grows by $40,000 per year for each level up.
The average salary for a business manager is about 61,000 a year, a range of 31,000 to 67,000.
When you add up the two numbers, the average assistant business manager salary is 59,000 a year, a range of 39,000 to 79,000.
The average start salary for an assistant business manager is about 50,000 a year, a range of 25,000 to 56,000. The average salary grows by 20,000 per year for each level up.
That’s what assistant business manager salaries look like compared to the average start salary for assistant business managers. That is, the average assistant business manager salary is 65,000 a year, where the average salary for assistant business managers is also 61,000 a year, but in this case, they’re not as high. The average salary for assistant business managers is 62,000 a year, a range of 36,000 to 79,000.
But a lot of work still does not equal a big salary. Associate managers and assistant managers in general are actually paid a little bit less than their higher-level counterparts (although it is much more than they would get in the same position at a larger firm). The reason is that most assistant managers work at small firms where the owner pays them a salary, but not a salary in the same sense as the associate managers.
The reality is that assistant managers earn a lot less than associate managers. A lot of them have no job security. They are let go for a variety of reasons, but most often because their managers can’t afford to keep them around. Assistant managers are not allowed to quit their jobs unless they are fired for cause and replaced. Associate managers are usually given the option to stay on a job until they resign or are terminated for cause, and are not let go if they refuse to resign.
Assistant managers make about the same as associate managers, though because they are not allowed to quit, the opportunity cost of losing them is greater. Associate managers may get a raise each year, and associate managers with a very long tenure can expect to make more money than assistant managers. Associate managers are usually allowed to stay on a job until they resign, but assistant managers are never allowed to stay on a job unless they are fired for cause and replaced.
Associate managers have a much lower opportunity cost (compared to assistant managers) because they can always leave if they want, since they aren’t working there for very long. However, assistant managers usually have a much higher cost because they are expected to work for a long time. The cost of an assistant manager’s continued employment is higher than the cost of an associate manager’s continued employment because they are expected to work for a very long time.