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Chief Executive Officer Average Salary in United States 2022

How much money does a Chief Executive Officer make in United States?


Average Yearly Salary
218,000 USD
( 18,200 USD monthly)

LOW
114,000
USD
AVERAGE
218,000
USD
HIGH
334,000
USD

A person working as a Chief Executive Officer in United States typically earns around 218,000 USD per year. Salaries range from 114,000 USD (lowest) to 334,000 USD (highest).

This is the average yearly salary including housing, transport, and other benefits. Chief Executive Officer salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Chief Executive Officer Salary Distribution in United States

Median and salary distribution yearly United States Chief Executive Officer
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The median, the maximum, the minimum, and the range

  • Salary Range

    Chief Executive Officer salaries in United States range from 114,000 USD per year (minimum salary) to 334,000 USD per year (maximum salary).

  • Median Salary

    The median salary is 210,000 USD per year, which means that half (50%) of people working as Chief Executive Officer(s) are earning less than 210,000 USD while the other half are earning more than 210,000 USD. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Chief Executive Officer(s) are earning less than 145,000 USD while 75% of them are earning more than 145,000 USD. Also from the diagram, 75% of Chief Executive Officer(s) are earning less than 261,000 USD while 25% are earning more than 261,000 USD.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary

Chief Executive Officer Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience yearly United States Chief Executive Officer
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Chief Executive Officer salaries by experience level and this is what we found.

A Chief Executive Officer with less than two years of experience makes approximately 129,000 USD per year.

While someone with an experience level between two and five years is expected to earn 173,000 USD per year, 34% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 225,000 USD per year, 30% more than someone with two to five years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Additionally, Chief Executive Officer(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 272,000 USD per year, 21% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 298,000 USD per year, 9% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 313,000 USD per year, 5% more than people with fifteen to twenty years of experience.


Chief Executive Officer average salary change by experience in United States

0 - 2 Years
129,000 USD
2 - 5 Years+34%
173,000 USD
5 - 10 Years+30%
225,000 USD
10 - 15 Years+21%
272,000 USD
15 - 20 Years+9%
298,000 USD
20+ Years+5%
313,000 USD
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Chief Executive Officer Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Chief Executive Officer(s) who have the same experience but different education levels.

Salary comparison by education level yearly United States Chief Executive Officer
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Chief Executive Officer salaries by education level in order to make a comparison.

When the education level is High School, the average salary of a Chief Executive Officer is 122,000 USD per year.

While someone with a Certificate or Diploma gets a salary of 144,000 USD per year, 18% more than someone having a High School degree.

A Bachelor's Degree gets its holder an average salary of 195,000 USD per year, 35% more than someone with a Certificate or Diploma.

Professionals who hold a Master's Degree are rewarded with an average salary of 281,000 USD per year, 44% more than someone with Bachelor's Degree.

PhD holders are compensated with wage equivelant to 332,000 USD per year, 18% more than someone with Master's Degree.


Chief Executive Officer average salary difference by education level in United States

High School
122,000 USD
Certificate or Diploma+18%
144,000 USD
Bachelor's Degree+35%
195,000 USD
Master's Degree+44%
281,000 USD
PhD+18%
332,000 USD
Percentage increase and decrease are relative to the previous value

Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in United States costs anywhere from 39,500 US Dollar(s) to 118,000 US Dollar(s) and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support the thoery. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Chief Executive Officer Salary Comparison By Gender

Salary comparison by gender yearly United States Chief Executive Officer
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Chief Executive Officer employees in United States earn 5% more than their female counterparts on average.

Male
224,000 USD
Female-5%
213,000 USD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in United States for all Careers

Salary comparison by gender yearly United States
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Chief Executive Officer Average Annual Salary Increment Percentage in United States

How much are annual salary increments in United States for Chief Executive Officer(s)? How often do employees get salary raises?

Chief Executive Officer

Chief Executive Officer(s) in United States are likely to observe a salary increase of approximately 14% every 16 months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.

Annual Salary Increment Rate United States Chief Executive Officer
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

United States / All Professions

The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency

The average salary increase in one year (12 months) in United States is 6%.

Annual Increment Rate By Industry 2021

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Listed above are the average annual increase rates for each industry in United States for the year 2021. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.


Worldwide Salary Raises: All Countries and All Jobs

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Chief Executive Officer Bonus and Incentive Rates in United States

How much and how often are bonuses being awarded?Annual Salary Bonus Rate United States Chief Executive Officer
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A Chief Executive Officer is considered to be a high bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

18% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 82% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 6% to 8% of their annual salary.

Received Bonus
82%
No Bonus
18%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Chief Executive Officer Average Hourly Wage in United States


100 USD per hour

The average hourly wage (pay per hour) in United States is 100 USD. This means that the average Chief Executive Officer in United States earns approximately 100 USD for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

Chief Executive Officer VS Other Jobs

Salary Comparison Between Chief Executive Officer and Executive and Management yearly United States
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The average salary for Chief Executive Officer is 70% more than that of Executive and Management. Also, Executive and Management salaries are 35% more than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Account Coordinator92,800 USD-58%
Administration Manager104,000 USD-52%
Area Manager99,300 USD-55%
Asset Protection Associate119,000 USD-46%
Assistant Director110,000 USD-50%
Assistant Manager118,000 USD-46%
Assistant Operations Manager129,000 USD-41%
Assistant Project Manager109,000 USD-50%
Assistant Section Head96,000 USD-56%
Assistant to CEO99,500 USD-54%
Assistant Vice President115,000 USD-47%
Associate Director112,000 USD-49%
Bid Manager122,000 USD-44%
Branch Manager121,000 USD-45%
Business Development Manager145,000 USD-34%
Business Operations Associate118,000 USD-46%
Business Operations Lead113,000 USD-48%
Campaign Manager127,000 USD-42%
Chairman of The Board207,000 USD-5%
Chairman Office Manager140,000 USD-36%
Chief Corporate Officer170,000 USD-22%
Chief Executive Officer218,000 USD-0%
Chief Financial Officer194,000 USD-11%
Chief of Staff101,000 USD-54%
Chief Operating Officer168,000 USD-23%
Chief Risk Officer142,000 USD-35%
Client Services Manager137,000 USD-37%
Commercial Project Manager122,000 USD-44%
Commodity Broker87,800 USD-60%
Corporate Affairs Executive125,000 USD-43%
Corporate Compliance Director136,000 USD-38%
Corporate Director147,000 USD-33%
Corporate Officer101,000 USD-54%
Corporate Partnerships Officer104,000 USD-52%
Country Manager166,000 USD-24%
Deputy Director157,000 USD-28%
Director172,000 USD-21%
Director of Accreditation137,000 USD-37%
Director of Catering Services126,000 USD-42%
Director of Client Services136,000 USD-38%
Director of Facilities Management119,000 USD-46%
Director of Operations144,000 USD-34%
Director of Process Simplification116,000 USD-47%
Director of Project Management146,000 USD-33%
Director of Revenue Management134,000 USD-39%
Director of Training and Development134,000 USD-39%
Distribution Manager148,000 USD-32%
Division Manager127,000 USD-42%
Duty Manager125,000 USD-43%
Engagement Manager157,000 USD-28%
Executive Director219,000 USD+0%
Executive Manager181,000 USD-17%
Franchise Manager181,000 USD-17%
General Manager161,000 USD-26%
Global Master Data Manager146,000 USD-33%
Head of Middle Office134,000 USD-39%
Head of Projects140,000 USD-36%
Head of Sustainability120,000 USD-45%
Housing Manager110,000 USD-50%
HSE Manager116,000 USD-47%
Key Account Manager125,000 USD-43%
Knowledge Manager144,000 USD-34%
Location Manager141,000 USD-35%
Logistics Manager106,000 USD-51%
Management Consultant113,000 USD-48%
Management Executive159,000 USD-27%
Manager138,000 USD-37%
Managing Director176,000 USD-19%
MIS Executive147,000 USD-33%
Ocean Services Manager154,000 USD-29%
Operations Assistant105,000 USD-52%
Operations Director158,000 USD-28%
Operations Executive161,000 USD-26%
Operations Manager159,000 USD-27%
Operations Supervisor133,000 USD-39%
Policy Administration Executive118,000 USD-46%
Private Sector Executive130,000 USD-40%
Product Development Manager149,000 USD-32%
Product Executive127,000 USD-42%
Production Executive142,000 USD-35%
Production Manager138,000 USD-37%
Production Supervisor118,000 USD-46%
Program Manager152,000 USD-30%
Programme Coordinator107,000 USD-51%
Project Control Manager143,000 USD-35%
Project Coordinator86,100 USD-61%
Project Management Officer99,800 USD-54%
Project Manager108,000 USD-51%
Project Portfolio Manager116,000 USD-47%
Quality Manager120,000 USD-45%
R/D Director123,000 USD-44%
Regional Director190,000 USD-13%
Regional Manager150,000 USD-31%
Relationship Manager142,000 USD-35%
Retail District Manager105,000 USD-52%
Revenue Manager117,000 USD-46%
Risk and Capital Manager158,000 USD-28%
Risk Officer109,000 USD-50%
Safety Manager105,000 USD-52%
Section Head105,000 USD-52%
Service Manager117,000 USD-46%
Shift Supervisor89,500 USD-59%
Solutions Manager107,000 USD-51%
Supervisor90,600 USD-59%
Supply Chain Manager150,000 USD-31%
Surveyor103,000 USD-53%
Technical Manager140,000 USD-36%
Territory Manager139,000 USD-36%
Validation Manager128,000 USD-41%
Vice President183,000 USD-16%
Zone Manager147,000 USD-33%

Salary Comparison By City

CityAverage Salary
Atlanta197,000 USD
Austin235,000 USD
Baltimore215,000 USD
Boston230,000 USD
Bristol178,000 USD
Chicago265,000 USD
Cincinnati179,000 USD
Cleveland184,000 USD
Dallas237,000 USD
Denver218,000 USD
Detroit225,000 USD
Honolulu179,000 USD
Houston243,000 USD
Indianapolis238,000 USD
Iowa City173,000 USD
Jacksonville228,000 USD
Kansas City217,000 USD
Kent173,000 USD
Las Vegas208,000 USD
Long Beach207,000 USD
Los Angeles248,000 USD
Memphis214,000 USD
Miami197,000 USD
Minneapolis199,000 USD
New Orleans196,000 USD
New York260,000 USD
Oakland204,000 USD
Oklahoma City224,000 USD
Orlando185,000 USD
Philadelphia253,000 USD
Phoenix251,000 USD
Sacramento211,000 USD
San Antonio239,000 USD
San Diego237,000 USD
San Francisco231,000 USD
San Jose235,000 USD
Seattle225,000 USD
Tampa188,000 USD
Vancouver183,000 USD
Washington D.C.216,000 USD

Salary Comparison By State

StateAverage Salary
Alabama212,000 USD
Alaska187,000 USD
Arizona224,000 USD
Arkansas210,000 USD
California241,000 USD
Colorado220,000 USD
Connecticut215,000 USD
Delaware202,000 USD
District of Columbia199,000 USD
Florida250,000 USD
Georgia248,000 USD
Hawaii193,000 USD
Idaho195,000 USD
Illinois233,000 USD
Indiana224,000 USD
Iowa209,000 USD
Kansas211,000 USD
Kentucky219,000 USD
Louisiana221,000 USD
Maine206,000 USD
Maryland234,000 USD
Massachusetts236,000 USD
Michigan224,000 USD
Minnesota214,000 USD
Mississippi203,000 USD
Missouri220,000 USD
Montana196,000 USD
Nebraska204,000 USD
Nevada211,000 USD
New Hampshire204,000 USD
New Jersey239,000 USD
New Mexico214,000 USD
New York252,000 USD
North Carolina224,000 USD
North Dakota184,000 USD
Ohio230,000 USD
Oklahoma211,000 USD
Oregon213,000 USD
Pennsylvania239,000 USD
Rhode Island197,000 USD
South Carolina223,000 USD
South Dakota201,000 USD
Tennessee236,000 USD
Texas254,000 USD
Utah218,000 USD
Vermont184,000 USD
Virginia226,000 USD
Washington226,000 USD
West Virginia202,000 USD
Wisconsin223,000 USD
Wyoming191,000 USD

Government vs Private Sector Salary Comparison

Where can you get paid more, working for a private company or for the government? Public sector employees in United States earn 5% more than their private sector counterparts on average across all sectors.

Private Sector
92,400 USD
Public Sector+5%
97,100 USD
Percentage increase and decrease are relative to the previous value

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