With the advent of the COVID-19 pandemic, many individuals have been struggling to get a well-paying job that will take care of their needs. There are some good job prospects, with one of them being an estate manager job. We will be looking at some important information about this job, responsibilities, skills needed, educational requirements and salary.
About the estate manager
Estate managers are individuals who supervise and manage the everyday activities of estates. This individual is in charge of oversight functions of all maintenance, repairs that happen in the estate. He looks after the affairs of all house staff and employees in the estate. The estate owner(s) employs them to look over the financial aspects of the estate.
Duties and responsibilities of an estate manager
The duties of an estate managerjob may vary depending on the employer, some of their responsibilities include:
Regularly, the Estate Manager will do a critical review of the conduct of the employees and make necessary improvements. He or she has the mandate to recommend promotion for a performing staff and suspension of a lazy employee.
The big estate will usually need a supply of products and equipment. The Manager has to haggle and procure with retailers for food and other essential commodities.
They will look over the smooth running of the estate including budgeting, creating schedules, and payroll management.
They are usually an intermediary between property owners and outsiders who want to do business with the estate.
Essential skills for the role of an estate manager
Estate managers must have some excellent skills to perform optimally, these skills include:
An estate manager should not be a rigid individual, he or she must be able to shift positions in certain situations.
This is very critical to ensure the smooth running of the estate. They must be able to access all situations in the estate and take necessary action.
An estate manager must be able to handle numerous people and adequately motivate them to produce good outcomes.
Intelligent and knowledgeable
Estates are different, therefore all estate managers should be versed in almost everything about properties and estate management.
Educational requirements for an Estate Manager
The requirements of estate managers vary from one employer to another, however, it is important someone interested in this role should have a college degree in business, finance, or Estate management. Some large estates require the individual to have an advanced degree in Hotel and estate management.
Individuals with certifications in Human resource management could also be given considerations. Those who have several years of experience in management roles have an added advantage.
Salary of an estate manager in the US
A new estate manager with about 1–3 years of experience usually earns an average of $82,380 yearly. Estate managers with a higher year of experience get about $110,500 to $120,352. High-end Estate managers average my earns $145,100 to $155,368 yearly. Some may get benefits, free accommodation, and health care.
Estate manager salary in the UK
The average salary of an estate manager in the UK including overtime wage, tips, and a bonus is around £24,678. Mid-level estate managers could get about £30,879, while those with up to 12 years or more can earn about £34,523 yearly.
The estate manager is a good position in western countries. Getting the necessary degree, certifications and training can increase one’s salary.
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