Managerial positions are typically highly sought-after and competitive. They also pay relatively well, with salaries ranging from about £20K to upwards of £55K per annum. Throughout the UK, the average income is about £33K.
Most management positions require an understanding of finance, an eye for business efficiency, multitasking skills, and the ability to organise and motivate teams of coworkers. It is not uncommon for managerial jobs to involve long hours, as the work is often dependent on project completion and typically requires meeting strict deadlines. Although business degrees and certificates from chartered management institutes are helpful, only about 1 in 5 of all managers hold professional qualifications. Instead, most rise gradually through the ranks by demonstrating talents for leadership, organisation, and decision-making.
Recruitment agencies frequently seek Interim Managers, Operations Managers, and Company Secretaries, but there are countless opportunities in diverse industries available for qualified professionals seeking managerial positions. Over 4.6 million managers are employed in the UK, with the majority of positions based in London and Bristol. Deloitte, Ernst & Young, KPMG, and PwC are the UK's largest employers in the sector. The highest average earners are found in London and Scotland.