Chief Executives: Salary, Job Description, How To Be One and More

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Chief Executives jobs information
pros and cons of being a Chief Executive

Chief Executives

Other names for this job might include Aeronautics Commission Director, Agricultural Services Director, Alcohol and Drug Abuse Assistance Program Administrator, Arts and Humanities Council Director, Bakery Manager, Bank President, Book Publisher, Brokerage Office Manager, Bureau Chief, Business Development Executive


  • $185850
    Salary
  • 88%
    Job satisfaction
  • Hard
    Becoming one
  • Low
    Job growth
OwlGuru Rank

A



CEOs: Know It All In 1 Minute


In this career summary, you will find out what the job of A CEO is about and what it is like.

After reading this, you will have a good idea on what the job is about and decide if this is the right career for you.



Job description

Chief Executives determine and formulate policies and provide overall direction of companies or private and public sector organizations within guidelines set up by a board of directors or similar governing body. Plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives and staff managers.

  • Direct or coordinate an organization’s financial or budget activities to fund operations, maximize investments, or increase efficiency.
  • Appoint department heads or managers and assign or delegate responsibilities to them.
  • Analyze operations to evaluate performance of a company or its staff in meeting objectives or to determine areas of potential cost reduction, program improvement, or policy change.
  • Direct, plan, or implement policies, objectives, or activities of organizations or businesses to ensure continuing operations, to maximize returns on investments, or to increase productivity.

Read more about what does A CEO really do at work and what is it like being and working as one.


Become one

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Salary

Average salary
$185850 per year

Hourly wage
$89.35 an hour


CEOs with little to no experience tend to make between $68600 and $111040 while the more experienced ones make over $185850 per year.

Top 5 paying statesHourlyAnnual
CT$109.35$227440
NC$105.99$220460
NJ$104.74$217850
RI$103.5$215280
NY$101.89$211940

1 of the easiest ways to increase your salary as A CEO is to move to a higher paying state like CT. Right now, the highest paying states for CEOs are CT, NC, NJ, RI and NY.

However a higher pay at CT doesn’t guarantee that you will make more because the living expenses at CT might be 2x higher than where you are currently at now.

3 other factors that can increase your salary as A CEO is the degree you hold, the industry you work in and lastly the company you work for (bigger companies like the Fortune 500 companies tend to pay more).

Find out how much do successful CEOs make and if their salary is high when compared to all the other careers.


Requirements

Recommended degree level
Master’s Degree

We asked other CEOs what degree they had when they got the job and most of them said they had a Masters degree followed by Bachelors degree.

Other than that we also asked them what did they major in and here are the most popular majors that came up.

Public Administration
Business/Commerce, General
Business Administration and Management, General
Entrepreneurship/Entrepreneurial Studies
Finance, General

Another popular question from our readers is what makes A CEO successful or would they be good in this career.

Well, we found that most successful CEOs have these 5 skillsets.

Judgment and Decision Making
Speaking
Critical Thinking
Complex Problem Solving
Social Perceptiveness

In addition to that, 1 common characteristic among successful CEOs is they are good at Leadership. Here are the top 5 common characteristics.

Leadership
Integrity
Initiative
Stress Tolerance
Dependability
= Hot in-demand that most employers are looking for

Read more about what it really takes to become A CEO and the degree, training and education you need


Pros and Cons

Here are some reasons why you should and shouldn’t choose A CEO as your career.

PROS
Suitable for people who likes to start and carry out projects
Suitable for people who wants recognition and wants career advancement and a prestigious career
Demand for this career is growing normally
This career is perfect for people who love to work indoors.
One of the highest paid careers in the world
CONS
Not suitable for people who likes practical and handson work
It is very hard to get into this career. Extensive skill, knowledge, and experience is required for this career.
Long working hours (More than 40 hours per week)


There will be pros and cons for all jobs. The point is how much do the pros outweigh the cons to you.

A pro to you might be a con to Bob. A pro to Bob might be a con to you. We suggest reading about this career framework that can help you to find out what type of careers are right for you.



What is the job like

Job satisfaction
88%

Is this job meaningful
74%


Working hours
More than 40 hours per week

Working schedule
Regular (Set schedule and routine)


On a normal working week Chief Executives work More than 40 hours per week.

88% of CEOs said they were satisfied with their job and 74% said they feel like their job is making other people’s lives better.



Is this right for me

Best personality for this career
The Persuaders and The Organizers


You can read more about these career personality types here.

People who are suitable for this job tends to like starting up and carrying out projects. They like leading people and making many decisions. Sometimes they require risk taking and often deal with business.

They also like following set procedures and routines. They like working with data and details more than with ideas.



How we can help

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Career type

Management
Business Financial Management and Accounting, Management
Governance
Family and Community Services
Logistics Planning and Management Services

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Related to Chief Executives Career Information

Chief Executives job description, Chief Executives salary, Chief Executives information, what is the job of a Chief Executive like, pros and cons about Chief Executives, colleges and universities for Chief Executives, is Chief Executives the right career for me, Hard careers to get into, careers in Management

Additional resources

http://www.bls.gov/OOH/management/top-executives.htm
http://www.amanet.org/
https://nma1.org/
http://www.fma.org/

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Chief Executives
Written by: Stanley Tan
CEOs determine and formulate policies and provide overall direction of companies or private and public sector organizations within guidelines set up by a board of directors or similar governing body. Plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives and staff managers.
4.8 / 5 stars

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