Occupational Employment and Wages, May 2011

11-1011 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.


National estimates for this occupation
Industry profile for this occupation
Geographic 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)
267,370 0.5 % $84.88 $176,550 0.4 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $36.47 $52.56 $80.25 (5) (5)
Annual Wage (2) $75,860 $109,320 $166,910 (5) (5)


Industry profile for this occupation: Top

Industries with the highest published employment and wages for this occupation are provided. For a list of all industries with employment in this occupation, see the Create Customized Tables function.

Industries with the highest levels of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Management of Companies and Enterprises 21,340 1.12 $100.63 $209,320
Local Government (OES Designation) 18,740 0.34 $52.61 $109,440
Elementary and Secondary Schools 13,580 0.16 $66.70 $138,730
State Government (OES Designation) 8,850 0.39 $48.32 $100,510
Depository Credit Intermediation 7,460 0.44 $86.32 $179,550

Industries with the highest concentration of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Management of Companies and Enterprises 21,340 1.12 $100.63 $209,320
Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) 270 1.11 $97.18 $202,140
Securities and Commodity Exchanges 80 1.06 $103.79 $215,880
Grantmaking and Giving Services 1,130 0.89 $87.05 $181,050
Land Subdivision 400 0.84 $102.81 $213,840

Top paying industries for this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Motion Picture and Video Industries 2,380 0.68 $112.87 $234,770
Monetary Authorities-Central Bank 160 0.78 $111.53 $231,980
Securities and Commodity Contracts Intermediation and Brokerage 1,420 0.31 $111.46 $231,830
Oil and Gas Extraction 600 0.37 $110.15 $229,120
Apparel, Piece Goods, and Notions Merchant Wholesalers 350 0.25 $109.87 $228,530


Geographic profile for this occupation: Top

States and areas with the highest published employment, location quotients, and wages for this occupation are provided. For a list of all areas with employment in this occupation, see the Create Customized Tables function.





States with the highest employment level in this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
California 30,960 2.21 1.06 $96.65 $201,030
Illinois 20,160 3.62 1.73 $74.45 $154,850
New York 18,940 2.25 1.08 $93.69 $194,870
Florida 14,830 2.07 0.99 $90.37 $187,970
Massachusetts 14,720 4.66 2.24 $92.40 $192,200




States with the highest concentration of jobs and location quotients in this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
District of Columbia 5,830 9.04 4.34 $90.79 $188,840
Tennessee 12,310 4.73 2.27 $73.75 $153,400
Massachusetts 14,720 4.66 2.24 $92.40 $192,200
Illinois 20,160 3.62 1.73 $74.45 $154,850
Oklahoma 5,130 3.42 1.64 $67.21 $139,800




Top paying States for this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Delaware 430 1.07 0.51 $105.24 $218,900
Connecticut 2,600 1.61 0.77 $101.19 $210,480
California 30,960 2.21 1.06 $96.65 $201,030
North Carolina 3,170 0.83 0.40 $95.52 $198,690
Oregon 1,920 1.21 0.58 $95.11 $197,840





Metropolitan areas with the highest employment level in this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Chicago-Joliet-Naperville, IL Metropolitan Division 12,300 3.43 1.65 $83.20 $173,060
New York-White Plains-Wayne, NY-NJ Metropolitan Division 9,970 1.97 0.95 $107.41 $223,410
Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Division 9,600 4.16 1.99 $96.02 $199,720
Los Angeles-Long Beach-Glendale, CA Metropolitan Division 9,490 2.48 1.19 $103.45 $215,180
Boston-Cambridge-Quincy, MA NECTA Division 8,420 5.03 2.41 $97.55 $202,900
Atlanta-Sandy Springs-Marietta, GA 8,270 3.71 1.78 $92.27 $191,920
Minneapolis-St. Paul-Bloomington, MN-WI 5,410 3.16 1.52 $87.59 $182,190
Philadelphia, PA Metropolitan Division 4,480 2.47 1.18 $97.28 $202,330
Nashville-Davidson--Murfreesboro--Franklin, TN 4,330 6.01 2.88 $77.14 $160,460
St. Louis, MO-IL 3,560 2.81 1.35 $75.72 $157,500




Metropolitan areas with the highest concentration of jobs and location quotients in this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Springfield, IL 1,090 10.20 4.90 $51.05 $106,190
Peabody, MA NECTA Division 720 7.22 3.47 $81.30 $169,100
Framingham, MA NECTA Division 980 6.30 3.02 $101.77 $211,690
Nashville-Davidson--Murfreesboro--Franklin, TN 4,330 6.01 2.88 $77.14 $160,460
Boston-Cambridge-Quincy, MA NECTA Division 8,420 5.03 2.41 $97.55 $202,900
Knoxville, TN 1,600 4.96 2.38 $77.57 $161,340
Cleveland, TN 170 4.74 2.27 $58.63 $121,950
Haverhill-North Andover-Amesbury, MA-NH NECTA Division 350 4.60 2.21 $86.36 $179,630
Brockton-Bridgewater-Easton, MA NECTA Division 400 4.60 2.21 $76.54 $159,210
Springfield, MA-CT 1,270 4.45 2.13 $78.91 $164,130




Top paying metropolitan areas for this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Bridgeport-Stamford-Norwalk, CT 800 1.96 0.94 $112.51 $234,030
Columbus, IN 90 2.07 0.99 $110.74 $230,330
Medford, OR 70 0.97 0.47 $108.22 $225,100
Durham-Chapel Hill, NC 210 0.79 0.38 $108.05 $224,740
San Jose-Sunnyvale-Santa Clara, CA 2,030 2.32 1.11 $107.93 $224,500
New York-White Plains-Wayne, NY-NJ Metropolitan Division 9,970 1.97 0.95 $107.41 $223,410
Danbury, CT 80 1.27 0.61 $107.18 $222,940
Winston-Salem, NC 140 0.71 0.34 $106.03 $220,540
Wilmington, DE-MD-NJ Metropolitan Division 280 0.88 0.42 $104.95 $218,300
Bethesda-Rockville-Frederick, MD Metropolitan Division 810 1.45 0.70 $104.05 $216,430

Nonmetropolitan areas with the highest employment in this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Kansas nonmetropolitan area 1,270 3.33 1.60 $66.12 $137,540
Balance of Lower Peninsula of Michigan nonmetropolitan area 740 2.68 1.29 $64.25 $133,640
Northwest Illinois nonmetropolitan area 610 4.45 2.13 $58.55 $121,790
North Central Tennessee nonmetropolitan area 570 5.04 2.42 $46.59 $96,910
South Central Tennessee nonmetropolitan area 550 4.41 2.12 $57.67 $119,960

Nonmetropolitan areas with the highest concentration of jobs and location quotients in this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
North Central Tennessee nonmetropolitan area 570 5.04 2.42 $46.59 $96,910
Southwest Massachusetts nonmetropolitan area 60 4.82 2.31 $67.52 $140,440
Northwest Illinois nonmetropolitan area 610 4.45 2.13 $58.55 $121,790
South Central Tennessee nonmetropolitan area 550 4.41 2.12 $57.67 $119,960
East Central Illinois nonmetropolitan area 480 4.06 1.95 $54.28 $112,910

Top paying nonmetropolitan areas for this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Nantucket Island and Martha's Vineyard nonmetropolitan area (8) (8) (8) $104.06 $216,450
South Florida nonmetropolitan area 110 1.20 0.57 $95.88 $199,440
Southwestern New Hampshire nonmetropolitan area 130 3.45 1.66 $95.56 $198,770
Other North Carolina nonmetropolitan area 210 0.72 0.34 $91.26 $189,820
Other New Hampshire nonmetropolitan area 180 1.81 0.87 $86.32 $179,550


About May 2011 National, State, Metropolitan, and Nonmetropolitan Area Occupational Employment and Wage Estimates

These estimates are calculated with data collected from employers in all industry sectors, all metropolitan and nonmetropolitan areas, and all states and the District of Columbia. The top employment and wage figures are provided above. The complete list is available in the downloadable XLS files.

The percentile wage estimate is the value of a wage below which a certain percent of workers fall. 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 $90.00 per hour or $187,199 per year.

(8) Estimate not released.

(9) The location quotient is the ratio of the area concentration of occupational employment to the national average concentration. A location quotient greater than one indicates the occupation has a higher share of employment than average, and a location quotient less than one indicates the occupation is less prevalent in the area than average.


Other OES estimates and related information:

May 2011 National Occupational Employment and Wage Estimates

May 2011 State Occupational Employment and Wage Estimates

May 2011 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates

May 2011 National Industry-Specific Occupational Employment and Wage Estimates

List of Occupations in SOC Code Number Order

List of Occupations in Alphabetical Order

Download May 2011 Occupational Employment and Wage Estimates in Zipped XLS files

Technical Notes

 

Last Modified Date: March 27, 2012