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.
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.
$185850 per year
$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 states||Hourly||Annual|
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).
Recommended degree level
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.
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|
|Complex Problem Solving|
In addition to that, 1 common characteristic among successful CEOs is they are good at Leadership. Here are the top 5 common characteristics.
= Hot in-demand that most employers are looking for
Pros and Cons
Here are some reasons why you should and shouldn’t choose A CEO as your career.
|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|
|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
Is this job meaningful
More than 40 hours per week
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.
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They plan, direct, or coordinate medical and health services in hospitals, clinics, managed care organizations, public health agencies, or similar organizations.
They plan, direct, or coordinate the actual distribution or movement of a product or service to the customer. Coordinate sales distribution by establishing sales territories, quotas, and goals and establish training programs for sales representatives. Analyze sales statistics gathered by staff to determine sales potential and inventory requirements and monitor the preferences of customers.
They direct financial activities, such as planning, procurement, and investments for all or part of an organization.
They represent clients in criminal and civil litigation and other legal proceedings, draw up legal documents, or manage or advise clients on legal transactions. May specialize in a single area or may practice broadly in many areas of law.
They plan, direct, or coordinate activities designed to create or maintain a favorable public image or raise issue awareness for their organization or client; or if engaged in fundraising, plan, direct, or coordinate activities to solicit and maintain funds for special projects or nonprofit organizations.
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