Occupational Employment and Wages, May 2003

11-1011 Chief Executives

Determine and formulate policies and provide the overall direction of companies or private and public sector organizations within the 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.

National estimates for this occupation
Industry profile for this occupation
State profile for this occupation
Metropolitan area profile for this occupation

National estimates for this occupation: Top

Employment estimate and mean wage estimates for this occupation:

Employment (1) Employment
RSE (3)
Mean hourly
wage
Mean annual
wage (2)
Wage RSE (3)
389,880 0.8 % $67.58 $140,580 0.3 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $26.79 $41.64 $64.78 (5) (5)
Annual Wage (2) $55,720 $86,620 $134,740 (5) (5)

Industry profile for this occupation: Top

Industries with the highest levels of employment in this occupation:

Industry Employment Hourly mean wage Annual mean wage Employment rank Wage rank
Local government (OES designation) 18,360 $38.80 $80,710 1 285
Management of companies and enterprises 17,990 $82.06 $170,680 2 35
Depository credit intermediation 15,990 $67.35 $140,080 3 172
Architectural and engineering services 10,540 $71.67 $149,070 4 137
Colleges and universities 10,160 $59.30 $123,340 5 223

Top paying industries for this occupation:

Industry Employment Hourly mean wage Annual mean wage Employment rank Wage rank
Securities and commodity exchanges 40 $94.19 $195,910 278 1
Internet publishing and broadcasting 260 $91.08 $189,450 217 2
Offices of dentists 120 $91.02 $189,330 257 3
Computer and peripheral equipment mfg. 790 $90.80 $188,870 118 4
Software publishers 1,700 $89.75 $186,680 60 5

State profile for this occupation: Top

States with the highest concentration of workers in this occupation:

State Employment Hourly mean wage Annual mean wage Percent of State employment Wage rank within State
District of Columbia 5,120 $64.56 $134,290 0.861% 3
Illinois 32,070 $64.80 $134,770 0.556% 6
Massachusetts 17,510 $73.23 $152,320 0.552% 6
Idaho 3,050 $41.94 $87,230 0.540% 13
Missouri 14,100 $60.24 $125,310 0.537% 12

Top paying States for this occupation:

State Employment Hourly mean wage Annual mean wage Percent of State employment Wage rank within State
Connecticut 2,680 $84.38 $175,500 0.163% 2
New Jersey 2,760 $80.50 $167,440 0.071% 5
Rhode Island 1,130 $79.60 $165,560 0.238% 4
California 42,320 $79.12 $164,560 0.292% 6
Washington 2,210 $77.72 $161,650 0.086% 4

Metropolitan area profile for this occupation: Top

Metropolitan areas with the highest concentration of workers in this occupation:

MSA Employment Hourly mean wage Annual mean wage Percent of MSA employment
Jackson, MS MSA 1,550 $49.28 $102,510 0.738%
Columbia, SC MSA 1,970 $58.33 $121,330 0.682%
St. Joseph, MO MSA 270 $52.69 $109,600 0.622%
St. Louis, MO-IL MSA 7,520 $64.36 $133,880 0.590%
Chicago, IL PMSA 23,390 $69.06 $143,650 0.589%

Top paying Metropolitan areas for this occupation:

MSA Employment Hourly mean wage Annual mean wage Percent of MSA employment
Stamford-Norwalk, CT PMSA 640 (5) (5) 0.320%
San Jose, CA PMSA 3,940 (5) (5) 0.449%
Portland-Vancouver, OR-WA PMSA 1,530 (5) (5) 0.165%
Sheboygan, WI MSA 140 (5) (5) 0.244%
New York, NY PMSA 14,730 (5) (5) 0.370%

About May 2003 National, State, and Metropolitan Area Occupational Employment and Wage Estimates

To see profiles of other occupations, select from the major groups below:

These estimates are calculated with data collected from employers in all industry sectors in metropolitan and non-metropolitan areas in every State and the District of Columbia. The top five employment and wage figures are provided above. The complete list is available in the downloadable Excel files(XLS).

Percentile wage estimates show the percentage of workers in an occupation that earn less than a given wage and the percentage that earn more. The median wage is the 50th percentile wage estimate—50 percent of workers earn less than the median and 50 percent of workers earn more than the median. More about percentile wages.


(1) Estimates for detailed occupations do not sum to the totals because the totals include occupations not shown separately. Estimates do not include self-employed workers.

(2) Annual wages have been calculated by multiplying the hourly mean wage by a "year-round, full-time" hours figure of 2,080 hours; for those occupations where there is not an hourly mean wage published, the annual wage has been directly calculated from the reported survey data.

(3) The relative standard error (RSE) is a measure of the reliability of a survey statistic. The smaller the relative standard error, the more precise the estimate.

(5) This wage is equal to or greater than $70.00 per hour or $145,600 per year.

All Management Occupations

2003 May National Occupational Employment and Wage Estimates

2003 May State Occupational Employment and Wage Estimates

2003 May Metropolitan Area Occupational Employment and Wage Estimates

2003 May National Industry-Specific Occupational Employment and Wage Estimates

List of Occupations in SOC Code Number Order

List of Occupations in Alphabetical Order

Download May 2003 Occupational Employment and Wage Estimates in Zipped Excel files

Technical notes

 

Last Modified Date: July 22, 2004