Business & Administration
This career area revolves around keeping a business up and running. It focuses on administrative tasks like maintaining employee records, ensuring paychecks are on time, and providing organizational development. Careers span from CEOs to Supply Chain Managers to Onboarding Specialists.
- This area employs around 12,993,600 people, about 8.5% of the entire workforce.
- By 2030, the projected number of jobs is set to increase by about 3.02%.
- The mean wage is about $31.99 an hour or $66,547 annually.
There are 5 main areas or pathways to consider in Business & Administration –
- Administrative Support -Focuses on the general tasks that are necessary to keep a business running. Like collecting and maintain employee data, communicating updates and announcements and managing various projects.
- Business Information Management – Focuses on information technology and how it interlinks with business processes and goals.
- General Management – Focuses on planning, directing, and integrating the various resources in an organization to ensure processes and projects keep moving forward.
- Human Resources Management – Focuses on the recruitment, training, compensation, and overall safety of employees.
- Operations Management – Focuses on controlling, organizing, and planning the necessary resources to keep the business produce products or providing its services.
Industries In Business & Administration –
- Administrative and Support Services – Comprised of organizations that perform general, day-to-day tasks that support the work of other organizations.
- Data Processing, Hosting, and Related Services – Comprised of organizations that provide application and internet hosting as well as data processing services.
- Insurance Carriers – Comprised of organizations that underwrite or assume risk by selling insurance and benefit policies.
- Management of Companies and Enterprises – Comprised of organizations that manage of have established equity in other companies.
- Professional, Scientific, and Technical Services – Comprised of organizations that provide specialized services that require specific skills and knowledge.
- Religious, Grantmaking, Civic, Professional, and Similar Organizations – Comprised of organizations that promote religious activities and advocate for various causes and interests.
- Telecommunications – Comprised of organizations that facilitate and assist with the communication and digital interaction of computers and communication equipment.
- Warehousing and Storage – Comprised of organizations that operate and maintain warehouses and storage facilities.
Careers In Business & Administration –
| Job Title | Median Hourly Wage | Projected Growth By 2030 | Minimum Education Required | Average Years Of School & Training | Average Debt From School & Training |
|---|---|---|---|---|---|
| Administrative Services and Facilities Managers | $51.98 | 5.3% | Bachelor’s Degree | 4 – 5 Years | -$25,000 |
| Chief Executives | $95.12 | -5.7% | Bachelor’s Degree | 4 – 5 Years | -$25,000 |
| Communications Equipment Operators | $23.68 | -0.7% | High School Diploma or Equivalent | None | None |
| Compensation and Benefits Managers | $65.94 | -0.7% | Bachelor’s Degree | 4 – 5 Years | -$25,000 |
| Compensation, Benefits, and Job Analysis Specialists | $34.91 | -1.8% | Bachelor’s Degree | 4 – 5 Years | -$25,000 |
| Computer and Information Systems Managers | $77.76 | 6.1% | Bachelor’s Degree | 4 – 5 Years | -$25,000 |
| Correspondence Clerks | $19.26 | 12.1% | High School Diploma or Equivalent | None | None |
| Customer Service Representatives | $18.51 | 5.9% | High School Diploma or Equivalent | None | None |
| Data Entry Keyers | $17.24 | 1.5% | High School Diploma or Equivalent | None | None |
| Eligibility Interviewers, Government Programs | $23.07 | 3.7% | High School Diploma or Equivalent | None | None |
| Executive Secretaries and Executive Administrative Assistants | $31.36 | -5.1% | High School Diploma or Equivalent | None | None |
| File Clerks | $17.38 | -15.9% | High School Diploma or Equivalent | None | None |
| First-Line Supervisors of Office and Administrative Support Workers | $29.81 | 10.7% | High School Diploma or Equivalent | None | None |
| Fundraisers | $31.03 | 4.6% | Bachelor’s Degree | 4 – 5 Years | -$25,000 |
| General and Operations Managers | $60.45 | 9.4% | Bachelor’s Degree | 4 – 5 Years | -$25,000 |
| Human Resources Assistants | $21.24 | -6.7% | Associate’s Degree | 2 Years | -$15,000 |
| Human Resources Managers | $64.70 | 11.5% | Bachelor’s Degree | 4 – 5 Years | -$25,000 |
| Human Resources Specialists | $33.38 | 22.1% | Bachelor’s Degree | 4 – 5 Years | -$25,000 |
| Information and Record Clerks | $21.10 | 3.3% | High School Diploma or Equivalent | None | None |
| Interpreters and Translators | $27.95 | 2.5% | Bachelor’s Degree | 4 – 5 Years | -$25,000 |
| Interviewers | $18.10 | 6.9% | High School Diploma or Equivalent | None | None |
| Labor Relations Specialists | $36.00 | 6.9% | Bachelor’s Degree | 4 – 5 Years | -$25,000 |
| Library Assistants, Clerical | $14.78 | -11.8% | High School Diploma or Equivalent | None | None |
| Mail Clerks and Mail Machine Operators | $16.20 | -6.6% | High School Diploma or Equivalent | None | None |
| Management Analysts | $46.91 | 4.8% | Bachelor’s Degree | 4 – 5 Years | -$25,000 |
| Meeting, Convention, and Event Planners | $26.87 | -5.8% | Bachelor’s Degree | 4 – 5 Years | -$25,000 |
| Office and Administrative Support Workers | $18.91 | -9.9% | High School Diploma or Equivalent | None | None |
| Office Clerks | $18.16 | -2.7% | High School Diploma or Equivalent | None | None |
| Office Machine Operators | $17.59 | -2.4% | High School Diploma or Equivalent | None | None |
| Operations Research Analysts | $44.37 | 8.4% | Bachelor’s Degree | 4 – 5 Years | -$25,000 |
| Order Clerks | $18.10 | -17.8% | Some College, No Degree | 1 – 2 Years | -$15,000 |
| Payroll and Timekeeping Clerks | $23.21 | 8.1% | High School Diploma or Equivalent | None | None |
| Procurement Clerks | $21.83 | 68.2% | High School Diploma or Equivalent | None | None |
| Project Management Specialists and Business Operations Specialists | $40.53 | 1.3% | Bachelor’s Degree | 4 – 5 Years | -$25,000 |
| Purchasing Managers | $63.78 | 9.2% | Bachelor’s Degree | 4 – 5 Years | -$25,000 |
| Receptionists and Information Clerks | $15.58 | 9.5% | High School Diploma or Equivalent | None | None |
| Secretaries and Administrative Assistants | $19.43 | -3.3% | High School Diploma or Equivalent | None | None |
| Shipping, Receiving, and Inventory Clerks | $17.89 | -15.1% | High School Diploma or Equivalent | None | None |
| Stockers and Order Fillers | $14.91 | -1.4% | High School Diploma or Equivalent | None | None |
| Switchboard Operators, Including Answering Service | $16.34 | -14.5% | High School Diploma or Equivalent | None | None |
| Telephone Operators | $18.91 | 1.3% | High School Diploma or Equivalent | None | None |
| Training and Development Managers | $60.54 | 11.4% | Bachelor’s Degree | 4 – 5 Years | -$25,000 |
| Training and Development Specialists | $32.43 | 17.9% | Bachelor’s Degree | 4 – 5 Years | -$25,000 |
| Word Processors and Typists | $20.50 | 8.2% | High School Diploma or Equivalent | None | None |
Resources:
U.S. Bureau of Labor Statistics. “Occupational Employment and Wage Estimates, https://www.bls.gov/oes/2020/may/oes_nat.htm.” Accessed December 13, 2021.
U.S. Bureau of Labor Statistics. “Occupational Projections and Worker Characteristics, www.bls.gov/emp/tables/occupational-projections-and-characteristics.htm.” Accessed December 13, 2021.
U.S. Bureau of Labor Statistics. “Occupational Outlook Handbook, https://www.bls.gov/ooh” Accessed December 13, 2021.
