As the global economy continues to expand, the demand for leaders in organizations is increasing because of the dynamic knowledge and skills they bring to business. Undergraduate organizational leadership programs focus on equipping future leaders with the skills to satisfy stakeholders and help an organization meets its revenue and cultural goals. Careers in organizational leadership can be dynamic, interesting, and fulfilling, but they can also hold significant earning potential. The path to becoming a leader in most professional environments requires sufficient experience within the field, to gain a broader perspective of the extensive responsibilities and expertise needed to become a leader.
This guide will provide insight into what you can expect in an organizational leadership salary, focused on five key fields: human resources, healthcare services, sales, top executive leadership, and management.
A Look at Organizational Leadership Salaries in Various Fields
The path to a leadership role in the field of human resources (HR) can start with a bachelor’s degree in organizational leadership and eventually lead to a position as a corporate recruiter or training manager. Bachelor’s degree holders can qualify for positions as organizational leaders in HR, but having related work experience is advantageous to perform the role at its full potential. Typically, HR leaders begin their careers as specialists, generalists, or recruiters to gain a broader perspective, and experience. The median salary for HR specialists is $60,350, according to the U.S. Bureau of Labor Statistics (BLS).
The next step is to enter a leadership role in HR, which manages the administrative functions of an organization. Organizational leadership salaries reflect the the complex nature of the role, and the work and life experience needed to understand human behavior and how to approach employee relations. The BLS projects a 9 percent growth in the number of human resource management positions between 2016 and 2016. The median salary for an organizational leader in HR management is $110,120.
The healthcare landscape is increasingly unpredictable and fluid, in terms of how legislation impacts patient care, insurance relations, and, ultimately, healthcare careers. Organizational leaders in healthcare services face complex business problems and are tasked with a diverse set of job duties, such as administrative function management, recruiting and managing staff, and overseeing the financials and revenue goals of medical departments or independent entities (clinics).
There are a diverse range of job choices in healthcare, along with a growing demand. After completing a bachelor’s degree in organizational leadership, some administrative experience in a hospital or other healthcare facility is required before pursuing a leadership role. With relevant work experience, medical and health services managers can find jobs managing an entire facility, a medical practice, clinics, and other environments. They also ensure healthcare facilities are aligned with current healthcare laws and regulations.
Between 2016 and 2026, 20 percent more health services management and organizational leadership positions are projected to become available in a variety of health centers, including hospitals, clinics, and nursing homes. The median salary of medical and health services managers is $98,350.
A degree in organizational leadership can be extremely beneficial to the path of advancement in the field of sales. In nearly every industry, sales managers are responsible for directly managing sales teams to help organizations meet revenue goals. Sales managers reach their positions with not only a bachelor’s in organizational leadership, but years of relevant work experience.
Typically, sales careers start at an associate, or representative, level and earn a median salary of $60,340. After approximately one to five years of experience, sales managers can reach a much higher earning potential; according to BLS, the median salary of a sales manager is $121,060.
Top Executive “C-Level” Leadership
Organizations of all sizes, in every industry, require skilled, experienced executives to address complex business issues. Professionals in CEO or other “C-suite” roles often focus on profitability and work to drive a cohesive internal culture that retains employees and increases customer satisfaction. Executive leaders focus on the overarching functions of an organization, including finance, operations, and staffing, but entry level experience is needed to understand how organizations work. Administrative and low-level experience in any department can lead to CEO roles, combined with a bachelor’s degree in organizational leadership.
Once employees rise to leadership positions, earning potential is high. According to BLS, executive leadership is expected to grow 8 percent between 2016 and 2026, and the earning potential is above average, at $104,700.
Management roles can be obtained in nearly every industry, and require knowledge directly learned from a bachelor’s of organizational leadership degree coursework. Leaders in management not only manage large and small staffs, but plan and direct strategy and policy throughout an organization.
The path to becoming a manager almost always starts at an entry-level, in order to gain the necessary experience in a particular industry. The projected growth of management employment is 8 percent from 2016 to 2026, which will result in about 807,300 new jobs. The median salary for management occupations is $102,590, which was the highest wage of all the major occupational groups in May 2017.
Start Your Organizational Leadership Career with Maryville University
Earning a degree in organizational leadership not only can lead to interesting, inspiring work leading companies, academic institutions, and facilities of different sizes in various industries but also holds high earning potential. Maryville University’s online bachelor’s in organizational leadership program provides students with the skills they’ll need to find roles in a high-demand market and truly enact change in organizations, with the potential for organizational leadership salaries that reflect that tremendous impact.