Manager, Business Salary at Lockwood Motors BETA

25% $95,020 10% $82,965 90% $134,206 75% $121,883 $108,341 50%(Median)

As of October 2026, the average salary for Manager, Business at Lockwood Motors in the United States is $108,341 per year, which is equivalent to an hourly rate of approximately $52. Most salaries for this position fall within the range of $95,020 to $121,883 annually.

Manager, Business Salary by Experience Level at Lockwood Motors

The following compensation progression is modeled by anchoring Lockwood Motors's median pay against proprietary Retail & Wholesale career trajectories. This analysis estimates how Manager, Business earnings typically scale from entry-level to principal roles, reflecting the specific growth curves standard within the Retail & Wholesale sector.

Level & Experience Est. Annual Base Est. Hourly Rate Salary Progression
Starting Pay 0-1 Year (Entry) $105,307 $50.63 Baseline
Early Career 1-3 Years (Junior) $112,328 $54.00 +6.7%
Market Median 4-6 Years (Anchor) $108,341 $52.09 Average
Seasoned 7-10 Years (Senior) $126,369 $60.75 +20.0%
High Performance 10-14 Years (Lead) $134,559 $64.69 +27.8%
Top Earner 15+ Years (Expert) $152,111 $73.13 +44.4%

Is Lockwood Motors's Manager, Business Salary Competitive?

The scorecard below provides a multi-dimensional analysis of Manager, Business compensation at Lockwood Motors. By comparing base salary against direct industry competitors, state-level averages, and local city benchmarks.
Benchmark
Entity
Avg. Annual Salary Est. Hourly rate
Volvo Cars Westport Top Competitor $138,759 $66.71
Retail & Wholesale Industry Avg. $135,854 $65.31
Marshall, MN City Avg. $128,198 $61.63
Minnesota State Avg. $135,384 $65.09
National Average National Avg. $132,301 $63.61

Key Skills & Their Impact on a Manager, Business at Lockwood Motors?

To succeed and maximize your earning potential as a Manager, Business at Lockwood Motors, a specific set of skills is crucial. The competencies listed below are highly valued. Explore the skills that can boost your compensation.

Skills Level of importance Description
Business Development
Business development entails tasks and processes to develop and implement growth opportunities within and between organizations.
Presentation
Presentation conveys information from a speaker to an audience.
Leadership
Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
Planning
An act or process of making or carrying out plans.
Initiative
Taking decisive action and initiating plans independently to address problems, improve professional life, and achieve goals.

Manager, Business Career Path and Growth Opportunities

Understanding the career path for a Manager, Business can help you plan long-term professional growth. Below is a typical career progression for a Manager, Business, highlighting common next-step roles and opportunities for increased responsibility and compensation.

Lockwood Motors Overview

Website
www.lockwoodmotors.com
Founded In
Employees
50 - 100 employees
Industry
Retail & Wholesale
Headquarter Address
1310 E College Dr Marshall Minnesota MN 56258
Revenue
$10 Million - $50 Million
Phone Number
+1 5075371526
Social Media
About Lockwood Motors
Lockwood Motors is a company that operates in the Automotive industry. It employs 51-100 people and has $10M-$25M of revenue. The company is headquartered in Marshall, Minnesota.

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FAQ about Salary and Jobs at Lockwood Motors

FAQ 1: How much does Lockwood Motors pay per hour?
The average hourly pay is $52. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
FAQ 2: What is the highest salary at Lockwood Motors?
According to the data, the highest approximate salary is about $121,883 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
FAQ 3: What is the lowest pay at Lockwood Motors?
According to the data, the lowest estimated salary is about $95,020 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
FAQ 4: What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.