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Chief Executive Officer (CEO) Salary

Salaries for Chief Executive Officers in the United States are generous, with average pay above six figures ($177K) per year. Cash earnings for Chief Executive Officers — including $137K in bonuses and $103K in profit sharing proceeds near the top of the pay scale — generally stretch from $71K to $407K depending on individual performance. Residence and experience level each impact pay for this group, with the former having the largest influence. Medical benefits are awarded to a large number, and the larger part earn dental coverage. Male Chief Executive Officers far outnumber their female contemporaries among those who completed the questionnaire. Something to celebrate is that most people in this position are highly satisfied with their jobs.
$69,037 - $305,740
(Median)
69K
100K
150K
230K
310K
MEDIAN: $153,353
10%
25%
50%
75%
90%

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$11.64 - $153.64
(Median)
31
58
150
MEDIAN: $30
50%
75%
90%

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Show Annual Salary Show Hourly Rate

National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$140K$280K$420K
Salary
$69,037 - $305,740  
   
Bonus
$0.00 - $137,256  
Profit Sharing
$2,909 - $102,913  
Commission
$0.00 - $179,101  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$70,974 - $406,753  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 6,557
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$70$140$210
Hourly Rate
$11.64 - $153.64  
   
Overtime
$0.00 - $69.53  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$140K$280K$420K
Bonus
$0.00 - $137,256  
   
Commission
$0.00 - $179,101  
Profit Sharing
$2,909 - $102,913  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$70,974 - $406,753  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 117
United States (change)

Job Description for Chief Executive Officer (CEO)

A chief executive officer (CEO) is someone who is in charge of an organization and normally makes the vast majority of all business related executive decisions. In order to succeed at the position, a CEO must have great social skills, possess the ability to be an effective leader and not shy away from making big decisions. The specific job duties that are required from a CEO will vary depending on what type of organization they happen to be the leader of, as there could be a wide range of job responsibilities that may differ from one another. A CEO shoulders the large burden of having the majority of accountability when it comes to the success or failure of an organization, as one major decision can often take a large toll on a company whether it is good or bad. A few of the many job responsibilities that a CEO may have include several commanding responsibilities such as leading, guiding, overseeing the job performance of other highly ranking company employees such as the president and vice presidents. Furthermore, the CEO will also be responsible for putting together and formulating a strategic set of plans on how to address the direction of their company, as this is one of the more important parts of carrying the job title. It is their job to make sure that all employees carefully follow these plans when it comes to all business decisions and matters that go on within the company itself. A CEO makes a great living and can afford a very nice lifestyle away from the company, but the position comes with some large responsibilities and long hours that can be very stressful.


Chief Executive Officer (CEO) Tasks

  • Determine overarching goals and initiatives.
  • Establish positive relationships with stakeholders and other business leaders.
  • Drive strategic planning, business development, and fiscal operations.

Common Career Paths for Chief Executive Officer (CEO)


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Chief Executive Officers may experience a cut in pay as they move up the career ladder. An upper-level role like Business Development VP will bring in a little less money than some lower-level positions at $146K a year on average. Many Chief Executive Officers go on to become Non-Profit CEOs or Non-Profit Executive Directors despite the fact that median compensation in those roles is reportedly $79K lower and $117K lower, respectively.

Chief Executive Officer (CEO) Job Listings

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Popular Skills for Chief Executive Officer (CEO)


Survey results imply that Chief Executive Officers deploy a deep pool of skills on the job. Most notably, facility with Team Leadership, Business Strategy, and Strategic Marketing are correlated to pay that is significantly above average, leading to increases of 27 percent, 18 percent, and 11 percent, respectively. Those listing Project Management as a skill should be prepared for drastically lower pay. Budget Management and Operations Management also typically command lower compensation. Most people who know Leadership also know Operations Management and Business Development.

Pay by Experience Level for Chief Executive Officer (CEO)

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Chief Executive Officers with a rich background of experience are typically rewarded with larger paychecks. Respondents with less than five years' experience take home $111K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $151K. For Chief Executive Officers, 10 to 20 years of experience on the job amounts to an average salary of $182K. Veterans who have surpassed the 20-year mark may make only slightly more than those who are navigating the mid-career stage; the more senior group reports median earnings of around $208K.

Pay Difference by Location


Home to some of the best pay for Chief Executive Officers, New York offers exceptional salaries, 56 percent above the national average. Chief Executive Officers will also find cushy salaries in Atlanta (+32 percent), Boston (+27 percent), Washington (+23 percent), and San Francisco (+21 percent). Phoenix is the lowest-paying area, 18 percent south of the national average.

Related Job Salaries

Experience Affects Chief Executive Officer (CEO) Salaries



National Average
$177,000



Skills That Affect Chief Executive Officer (CEO) Salaries

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 1665 votes.

Gender

Female
18 %
Male
82 %

Years of Experience

Less than 1 year
1%
1-4 years
10%
5-9 years
12%
10-19 years
32%
20 years or more
45%

Common Health Benefits

medical benefits Medical: 85% dental benefits Dental: 62%
vision benefits Vision: 46% employee benefits None: 14%