A security manager can work in different establishments, such as corporations, hospitals, universities and government offices. Security managers are usually responsible for overseeing the safety and security of workers, buildings and inventory and important data. Security managers also devise plans to improve security, train employees and ensure that all security systems--like alarms, locks and smoke detectors--are in working order. Security managers usually earn salaries and sometimes bonuses and profit sharing.
The average annual salary for a security manager is between $43,126 and $72,828, according to January 2011 information from Payscale.com. Security managers earn annual bonuses of $1,213 to $5,152, which is between 3 and 7 percent of their salaries, respectively. Additionally, the average annual range for a security manager's profit sharing is $989 to $4,750, or about 7 percent of his salary at the low and high end. Including profit sharing and bonuses, security managers earn annual incomes of $44,115 to $77,578.
Years of Experience
Security managers can expect their incomes to increase the longer they work in their field. Following are the salary ranges for security managers based on their work experience, according to Payscale.com: less than one year--$41,271 to $52,460; one to four years--$35,652 to $55,276; five to nine years--$39,909 to $65,536; 10 to 19 years--$46,150 to $76,453; 20 years or more--$51,390 to $81,338.
A security manager's salary will vary depending on the type of entity in which she works. For example, security managers earn substantially more working as government contractors, per Payscale.com: $63,400 to $100,438 per year. The next highest-paying industry for security managers is the aerospace and defense field, where security managers earn $67,764 to $94,298 annually. Additionally, security managers earn annual salaries of $48,729 to $69,161 in health care, $47,316 to $68,912 in the military and $39,440 to $64,379 in the security industry. Security managers earn the lowest salary ranges working for security guard service companies: $35,689 to $56,597.
Salary by State
Certain states pay higher average salary ranges for security managers. The key for job seekers is comparing the extra salary with the cost of housing, food and other expenses in certain areas. Following are the salary ranges for security managers in certain states, according to Payscale.com: California--$48,154 to $74,755; Florida--$40,969 to $64,127; Texas--$39,074 to $72,723; Virginia--$58,377 to $100,946; New York--$49,250 to $75,966; Illinois--$36,211 to $69,093; and Pennsylvania--$43,366 to $72,182.