Chief Executive Officer (CEO) Salary

Chief Executive Officers in the United States can expect to earn a very comfortable salary, with average salaries (in the ballpark of $163K) surpassing six figures annually. Cash earnings for Chief Executive Officers — including $146K in bonuses and $118K in profit sharing proceeds near the top of the pay scale — generally stretch from $75K to $409K depending on individual performance. This group's pay is mainly influenced by the particular firm, followed by career length and location. Most people in this position report feeling highly satisfied with their jobs. Medical benefits are awarded to a large number, and more than half earn dental coverage. Participants in PayScale's salary questionnaire provided the particulars of this report.

$73,070 - $324,885
$73K
$160K
$320K
MEDIAN: $163,025
10%
50%
90%

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$15.92 - $121.67
$16
$41
$120
MEDIAN: $41.03
10%
50%
90%

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$0$414K
Salary $73,070 - $324,885
Bonus $1,012 - $146,438
Profit Sharing $0.00 - $128,163
Commission $5,847 - $101,661
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).
)
$74,520 - $414,713
  • Country: United States
  • Currency: USD
  • Updated: 14 Oct 2017
  • Individuals Reporting: 6,008
Hourly Data $0$152
Hourly Rate $15.92 - $121.67
Hourly Tips $1.00
Overtime $2.10 - $152.05
Annual Data $0$414K
Bonus $1,012 - $146,438
Commission $5,847 - $101,661
Profit Sharing $0.00 - $128,163
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).
)
$74,520 - $414,713
  • Country: United States
  • Currency: USD
  • Updated: 14 Oct 2017
  • Individuals Reporting: 141

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. (Copyright 2017 PayScale.com)


Chief Executive Officer (CEO) Tasks

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

Common Career Paths for Chief Executive Officer (CEO)


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Chief Executive Officers sometimes move into a Chief Marketing Officer role, where the salary is similar. Chief Executive Officers most often advance into Non-Profit Chief Executive Officer and Executive Director positions even though the median salaries are $81K lower and $106K lower, respectively.

Chief Executive Officer (CEO) Job Listings

Popular Employer Salaries for Chief Executive Officer (CEO)


Popular Skills for Chief Executive Officer (CEO)


Survey respondents exploit a significant toolbox of skills in their work. Most notably, facility with Strategy, Strategy Development, and Leadership are correlated to pay that is significantly above average, leading to increases of 39 percent, 17 percent, and 13 percent, respectively. Skills that pay less than market rate include Budget Management, Financial Analysis, and Operations Management. The majority of those who know Operations Management also know Leadership and Strategic Planning.

Pay by Experience Level for Chief Executive Officer (CEO)

Pay by Experience for a Chief Executive Officer (CEO) has a positive trend. An entry-level Chief Executive Officer (CEO) with less than 5 years of experience can expect to earn an average total compensation of $120,000 based on 923 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Chief Executive Officer (CEO) with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $154,000 based on 1,060 salaries. An experienced Chief Executive Officer (CEO) which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $193,000 based on 2,139 salaries. A Chief Executive Officer (CEO) with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $229,000 based on 2,165 salaries.

Pay Difference by Location

National Average: $180,112

Larger city markers indicate a job is popular in that location.

For Chief Executive Officers, Boston provides a pay rate that is 43 percent greater than the national average. Chief Executive Officers will also find cushy salaries in New York (+42 percent), Houston (+39 percent), Washington (+35 percent), and San Francisco (+29 percent). Falling short of the national average by 17 percent, the area with the worst salaries is Miami.

Chief Executive Officer (CEO) Reviews

Q: What is it like working as a Chief Executive Officer (CEO)?

Chief Executive Officer (CEO) in Astoria:
"Being a CEO is great."
Pros: That I lead my company forwards into the future.
Cons: The thing I like least about my job is nothing.

Chief Executive Officer (CEO) in Pueblo:
"The management."
Pros: Managing people, making my schedule, creating new policies/procedures, setting and meeting goals, new industry, helping consumers.
Cons: Stress level, work 12 hour shifts, never a set schedule, last minute decisions from president, don't have a personal life.

Chief Executive Officer (CEO) in Olympia:
"The challenge keeps things interesting."
Pros: The people I work with are amazing.
Cons: Disregarding feelings to accomplish the necassary.

Related Job Salaries

Key Stats for Chief Executive Officer (CEO)

Gender

Female
21 %
Male
79 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 907 votes.
Less than 1 year
1%
1-4 years
11%
5-9 years
12%
10-19 years
30%
20 years or more
45%

Experience Affects Chief Executive Officer (CEO) Salaries

▲27%

▲7%

National Average
$180,000

▼14%

▼33%

Skills That Affect Chief Executive Officer (CEO) Salaries

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 907 votes.

Gender

Female
21 %
Male
79 %

Years of Experience

Less than 1 year
1%
1-4 years
11%
5-9 years
12%
10-19 years
30%
20 years or more
45%

Common Health Benefits

medical benefits
Medical: 81%
dental benefits
Dental: 63%
vision benefits
Vision: 52%
no benefits
None: 17%