Home > Salary > Colombia > Business Manager
A business manager is responsible for overseeing the daily operations and overall performance of a company or organization. They are responsible for setting goals, developing strategies, and implementing plans to achieve financial success and growth. Business managers analyze market trends, identify opportunities, and make informed decisions to improve profitability and efficiency. They also manage budgets, allocate resources, and ensure compliance with regulations and policies. Additionally, they provide leadership and guidance to employees, fostering a positive work environment and promoting teamwork.
Estimated Yearly Salary: 37,017,198 COP
Estimated Monthly Salary: 3,084,767 COP
Estimated Weekly Salary: 711,869 COP per week
Estimated Hourly Salary: 17,797 COP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 2,988,734 COP
Estimated Weekly Salary: 689,708 COP per week
Estimated Hourly Salary: 17,243 COP per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 8,227 USD
Estimated Monthly Salary: 686 USD
Estimated Weekly Salary: 158 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 37,017,198 COP
Estimated Monthly Salary: 3,084,767 COP
Estimated Weekly Salary: 711,869 COP per week
Estimated Hourly Salary: 17,797 COP per hour
By working as Business Manager a person can save up to 425 USD per month or 5,102 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Colombia, see costs of living in Colombia.
Estimated Yearly Salary for Business Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Bartender (7,816,320 COP per year, pre-tax.)
Online marketing data analyst (28,839,240 COP per year, pre-tax.)
Grocery assistant (11,193,798 COP per year, pre-tax.)
Investment consultant (40,671,156 COP per year, pre-tax.)
Fixed asset accountant (32,344,671 COP per year, pre-tax.)
Business Manager salary in Colombia
Average Yearly Salary of Business Manager in Colombia is approximately 37,017,198 COP (8,227 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Business Manager do?
A business manager is responsible for overseeing the daily operations and overall performance of a company or organization. They are responsible for setting goals, developing strategies, and implementing plans to achieve financial success and growth. Business managers analyze market trends, identify opportunities, and make informed decisions to improve profitability and efficiency. They also manage budgets, allocate resources, and ensure compliance with regulations and policies. Additionally, they provide leadership and guidance to employees, fostering a positive work environment and promoting teamwork.
Skills: Business management, Leadership, Strategic planning, Financial analysis, Operations management, Team building
Job industry: Business administration
Job industry: Business administration
How much does Business Manager make?
Salary details
How much does Business Manager make?Estimated Yearly Salary: 37,017,198 COP
Estimated Monthly Salary: 3,084,767 COP
Estimated Weekly Salary: 711,869 COP per week
Estimated Hourly Salary: 17,797 COP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 35,864,811 COPEstimated Monthly Salary: 2,988,734 COP
Estimated Weekly Salary: 689,708 COP per week
Estimated Hourly Salary: 17,243 COP per hour
Last revision of data: 2024-01-02Business Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 8,227 USD
Estimated Monthly Salary: 686 USD
Estimated Weekly Salary: 158 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Colombia is a country located in South America. It has a population of approximately 50 million people and covers an area of about 1.1 million square kilometers. The country is known for its diverse landscapes, including the Andes Mountains, Amazon rainforest, and Caribbean coastline.
Estimated national average yearly salary is 26,951,400 COP (6,510 USD). Value indicated is pre-tax. Below graph shows estimated Business Manager job salary compared to average salary in Colombia.
Comparison shows that a person working as Business Manager in Colombia earns on average:
1.37 times the average salary (or 137% of average salary).
Estimated national average yearly salary is 26,951,400 COP (6,510 USD). Value indicated is pre-tax. Below graph shows estimated Business Manager job salary compared to average salary in Colombia.
Comparison shows that a person working as Business Manager in Colombia earns on average:
1.37 times the average salary (or 137% of average salary).
Is Business Manager a well paid job?
Yes, our data shows that Business Manager is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Business Manager?
High salary for Business Manager would be somewhere between 40,718,918 COP and 53,674,937 COP. However this is an estimation based on Gaussian Distribution.How much can you save working as Business Manager in Colombia?
Living in Colombia the approximate monthly expenses are: 260 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 37,017,198 COP
Estimated Monthly Salary: 3,084,767 COP
Estimated Weekly Salary: 711,869 COP per week
Estimated Hourly Salary: 17,797 COP per hour
By working as Business Manager a person can save up to 425 USD per month or 5,102 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Colombia, see costs of living in Colombia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Ecuador, Peru, Brazil, Venezuela, Panama. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Business Manager
Ecuador is 7,954 USD
Brazil is 10,272 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Colombia
(306,660,307 COP per year, pre-tax.)
2. Cardiologist
(254,459,006 COP per year, pre-tax.)
(247,209,986 COP per year, pre-tax.)
(238,795,833 COP per year, pre-tax.)
5. Neurosurgeon
(238,525,529 COP per year, pre-tax.)
(233,656,491 COP per year, pre-tax.)
(233,604,285 COP per year, pre-tax.)
8. Oncologist
(233,538,023 COP per year, pre-tax.)
(232,715,450 COP per year, pre-tax.)
(232,262,612 COP per year, pre-tax.)
Data as of 2025Random salary:
Bartender (7,816,320 COP per year, pre-tax.)
Online marketing data analyst (28,839,240 COP per year, pre-tax.)
Grocery assistant (11,193,798 COP per year, pre-tax.)
Investment consultant (40,671,156 COP per year, pre-tax.)
Fixed asset accountant (32,344,671 COP per year, pre-tax.)
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