Deciding to tackle a Master’s in Organizational Leadership (MSOL) could be the smartest career move you make. MSOL programs provide students with a modern, business-oriented, and leadership-focused education that ultimately gives graduates a winning advantage: both choice and variety in terms of job prospects. Not to mention, this degree can translate to higher pay. The Master’s in Organizational Leadership salary offers excellent earning potential, with average annual salaries exceeding $90,000. Factors like industry, specific job position, and experience level will impact the bottom line take-home, but a Master’s in Leadership will always be a beneficial asset. Read on to learn more about the top jobs many MSOL graduates can pursue along with their accompanying salaries.
Master’s in Organizational Leadership Salary by Career
School Principal: $98,420 annually
Now more than ever, schools need individuals with strong, confident leadership skills at their helm. Elementary, middle, and high school principals engage not only with children and young adults, but also with parents, teachers, and other members of the school staff body. As schools are an integral part of their communities, principals also engage with community members such as YMCAs, after-school programs, sports teams, businesses, and public service departments like parks, safety, and health. Communication and interpersonal skills are especially important for this role, as is a background in education. A Master’s in Organizational Leadership could help school principals apply efficiencies and operational techniques toward creating a productive and safe learning environment.
For their efforts, school principals make on average $98,420 annually. However, salaries vary by state. In Connecticut – the second highest-paying state for school administrators – the average salary is $133,250 per year.
Training and Development Manager: $120,130 annually
Education for staff is a growing area of opportunity for people with an MSOL degree. Training and development managers might work in professional, scientific, and technical services, with companies and enterprises, perhaps in finance and insurance, education, or healthcare and social assistance. Training and development managers help employees keep up with direct skills, like new technologies, and teach softer lessons such as deepening multi-cultural appreciation in the workplace. Companies and organizations care about training and development for their employees because continuous learning and improvement make more satisfied and accomplished workers, and promote positive business outcomes. MSOL graduates are great candidates for this career choice because courses like Talent and Performance Management and Leading Organizational Change are directly applicable.
Training and development managers make on average $120,130 annually. In Connecticut, the average wage for these professionals increases to $128,870 annually.
Postsecondary Education Administrator: $96,910 annually
As you can see, the education field is seeking leadership in many areas! Colleges and Universities of all sizes have endless details to manage within departments, degree programs, and cohorts of students and faculty. Postsecondary education administrators might work in admissions, alongside deans, with the registrar, or amongst student affairs. These administrators keep processes organized, fair, and transparent. College means a great deal to students, and postsecondary education administrators are expected to meet student enthusiasm (and parent involvement) with professionalism and poise.
This Master’s in Leadership salary amounts to $96,910 on average annually. In Connecticut, the average salary for postsecondary administrators is $127,100 annually, according to the latest data from the BLS.
Human Resources Manager: $126,230 annually
The human resources department is an essential part of a company’s success because it cultivates the company’s best asset: its employees. In the extremely tight, post-pandemic hiring atmosphere, all industries have felt the squeeze of losing workers faster than they can hire them. One new strategy, some analysts say, is to seek a culture that fits in new hires first, and plan to train them on the job to fill skill gaps. Human resources managers oversee functions like this growth strategy, as well as distributing benefits, recruiting, interviewing, hiring, onboarding, and off-boarding new employees. An MSOL degree provides HR managers with the skills needed to attract and retain new workers.
The median organizational leadership salary for an HR manager is $126,230 annually. In Connecticut, the average salary increases to $144,130 per year.
Sales Manager: $127,490 annually
Being a salesperson takes tremendous people skills. Furthermore, the ability to lead and motivate a sales team to boost the company’s bottom line takes extraordinary organizational leadership skills. Sales managers guide their sales teammates to success by establishing goals, analyzing statistics and projections on products or services, and keeping their team on track.
An organizational leadership salary for a sales manager is on average, $127,490 annually. In Connecticut, the average annual salary for sales managers jumps to $139,770 per year.
Company Executive: $179,520 annually
Many MSOL graduates hope to become top executives. One of the reasons is that chief executives make on average $179,520 annually, and general and operations managers make on average, $97,970 annually. According to the BLS, these executives can earn between $140,000 and $240,000 in the state of Connecticut.
Company executives and managers manage budgets, handle major contractual agreements, make decisions on hiring other company leaders such as directors and managers, and strive for constant improvement. These great responsibilities are met with a generous salary.
Industrial Production Manager: $103,150 annually
American purchasing power is a force to be reckoned with. Did you know that consumer spending fuels 70% of the American economy? Even as inflation causes prices to increase, consumers in the U.S. continue to make expensive purchases such as vehicles. Where there is demand, you can count on opportunities, and an MSOL degree can help industrial production managers expect an average salary of $103,150 annually. Industrial production managers supervise production goals and keep schedules on track as they steer the creation of equipment and goods as diverse as cellphones to toilet paper.
A Master’s in Organizational Leadership salary often rises into the six-figure territory, making this degree a fantastic investment. To learn more about Goodwin University we hope that you’ll visit us online, or give us a call at 800-889-3282 to speak with an admissions official today!
Goodwin University is a nonprofit institution of higher education and is accredited by the New England Commission of Higher Education (NECHE), formerly known as the New England Association of Schools and Colleges (NEASC). Goodwin University was founded in 1999, with the goal of serving a diverse student population with career-focused degree programs that lead to strong employment outcomes.