There are a couple of reasons for this, but basically it boils down to that they have greater responsibilities, so they're compensated more highly.
A manager may be a former laborer who can advise and mentor the laborers working under him if they have difficulties or run into a situation they don't know how to handle. This expertise is obviously worth something.
Even if they're not (this sometimes happens in tech companies, where the technically skilled employees may be managed by someone with a business degree who knows very little about the actual technology involved), the manager is expected to know in general terms how much work a particular project might involve (or at least, which of his employees he could ask that question of to get a reliable estimate) and then estimate the costs for that project and divide the workload over several employees to deliver the project within the desired timeframe. Again, this kind of knowledge is worth something.
Finally, managers are expected to keep the employees under them happy and productive (happiness is secondary, as far as most companies are concerned, but employees who are actively unhappy tend not to be productive and that's a bad thing) and to minimize conflict between them (which again reduces productivity: if Alex hates Bob and goes out of his way to sabotage Bob's work, or at least be as unhelpful as he can get away with being, then Bob's not going to be as productive as he could be and Alex is wasting some of his own time as well). A good manager will minimize conflict and reduce that "as unhelpful as he can get away with" to "not really all that unhelpful", and again, that's worth something.
Usually more than $70,000/year. I can go up to $175,000/year. This salary scale is in North America.
The average salary of a business manager is about two percent less than the national average salary, and demands much more labor than you appear to get payed for. I do not believe it is worth it.
Absolutly, A larger organization needs a more experienced manager and the manager will most likely have a larger salary than one of a smaller organization
The modern financial manager is more focused on strategic planning and decision-making than the traditional manager. The traditional manager is more focused on operational tasks and day-to-day management.
why are factory managres paid more than production line workers
Usually more than $70,000/year. I can go up to $175,000/year. This salary scale is in North America.
The average salary of a business manager is about two percent less than the national average salary, and demands much more labor than you appear to get payed for. I do not believe it is worth it.
Absolutly, A larger organization needs a more experienced manager and the manager will most likely have a larger salary than one of a smaller organization
a labourer needs more energy because an office worker sits down all day looking at a screen whilst a labourer does work and sweats
Because it's harder to be a doctor than a labourer.
Less than a million.
It depends on the country, and the city/state/province inside the country. Mainly the salary of a Program Manager is 30% more than that of a Project Manager.
a labourer needs more energy because he works more than anyone
Check out ONET online. It will offer more demographic information on this topic than you could possibly want.
can more than one person be a restaurant manager
If it is from ICFAI than not more than 20,000 But if it is from AIMR than salary would be more than 40000
more than you