Tuesday, September 9, 2014

List of CEO Salaries by State

If the company does not consist of a board of directors (usually an LLC, sole proprietorship, partnership, etc.) then the CEO’s role is to decide the direction of the organization while organizing and implementing the strategic plan and policies he/she set forth. There is much more freedom within this type of structure, but does not possess the backing or structure that a board of directors can supply.




CEO DUTIES


Some daily tasks and duties of a Chief Executive Officer can include, but is not limited to:



  • Program, product and service oversight.

  • Board administration and support.

  • Financial management.

  • Risk and facilities management.

  • Human resource management.

  • Public relations.


This profession consists of meetings after meetings with everybody in the organization. Informing board members; communicating between staff and board members; overseeing design and developments; oversight of the quality of organizations products, services, and support; management of human resources personnel; assuring the organization mission statement; and in non-profit cases, fund-raising events and implementation.


CEO SALARY


Somebody should not be paid upon their skills and abilities. They should neither be paid according to their education. Somebody’s salary depends solely upon the responsibilities of their profession. The day-to-day functions of the position should be what determines your annual income. And this is why Chief Executives receive a much higher pay than other positions. There is much more responsibility in the hands of the CEO than most other professions.


The average CEO salary for the U.S. is currently $167,280 per year. The average hourly pay for a CEO is $80.43 per hour. Following is a list taken from the Bureau of Labor Statistics. The data is calculated by multiplying the hourly mean by wage by 2,080 hours.




















































































































































































































































































Alabama



Hourly: $79.98



Salary: $166,350



Alaska



Hourly: $69.85



Salary: $145,290



Arizona



Hourly: $80.38



Salary: $167,190



Arkansas



Hourly: $65.83



Salary: $136,930



California



Hourly: $94.09



Salary: $195,700



Colorado



Hourly: $80.52



Salary: $167,480



Connecticut



Hourly: $91.80



Salary: $190,940



Delaware



Hourly: $96.86



Salary: $201,460



District of Columbia



Hourly: $88.77



Salary: $184,640



Florida



Hourly: $84.86



Salary: $176,510



Georgia



Hourly: $78.42



Salary: $163,120



Guam



Hourly: $41.19



Salary: $85,670



Hawaii



Hourly: $77.58



Salary: $161,370



Idaho



Hourly: $64.57



Salary: $134,310



Illinois



Hourly: $73.90



Salary: $153,720



Indiana



Hourly: $78.91



Salary: $164,130



Iowa



Hourly: $69.56



Salary: $144,680



Kansas



Hourly: $66.99



Salary: $139,340



Kentucky



Hourly: $65.63



Salary: $136,510



Louisiana



Hourly: $71.43



Salary: $148,580



Maine



Hourly: $63.83



Salary: $132,770



Maryland



Hourly: $79.89



Salary: $166,160



Massachusetts



Hourly: $85.57



Salary: $177,980



Michigan



Hourly: $75.92



Salary: $157,920



Minnesota



Hourly: $83.99



Salary: $174,710



Mississippi



Hourly: $61.87



Salary: $128,680



Missouri



Hourly: $72.14



Salary: $150,040



Montana



Hourly: $43.40



Salary: $90,260



Nebraska



Hourly: $80.67



Salary: $167,790



Nevada



Hourly: $79.36



Salary: $165,060



New Hampshire



Hourly: $82.04



Salary: $170,640



New Jersey



Hourly: $94.34



Salary: $196,220



New Mexico



Hourly: $94.82



Salary: $197,230



New York



Hourly: $88.82



Salary: $184,740



North Carolina



Hourly: $91.28



Salary: $189,860



North Dakota



Hourly: $65.56



Salary: $136,370



Ohio



Hourly: $82.26



Salary: $171,110



Oklahoma



Hourly: $56.78



Salary: $118,110



Oregon



Hourly: $85.23



Salary: $177,280



Pennsylvania



Hourly: $76.72



Salary: $159,580



Puerto Rico



Hourly: $51.91



Salary: $107,980



Rhode Island



Hourly: $86.63



Salary: $180,180



South Carolina



Hourly: $79.63



Salary: $165,630



South Dakota



Hourly: $62.32



Salary: $129,620



Tennessee



Hourly: $73.39



Salary: $152,650



Texas



Hourly: $82.83



Salary: $172,280



Utah



Hourly: $70.67



Salary: $146,990



Vermont



Hourly: $64.30



Salary: $133,730



Virgin Islands



Hourly: $72.02



Salary: $149,810



Virginia



Hourly: $86.60



Salary: $180,130



Washington



Hourly: $90.49



Salary: $188,220



West Virginia



Hourly: $49.33



Salary: $102,610



Wisconsin



Hourly: $81.33



Salary: $169,170



Wyoming



Hourly: $59.61



Salary: $123,990



LEADERSHIP QUALITIES


If you’re desiring to become a Chief Executive, then there are a few characteristics, skills, and abilities that you must fundamentally possess. And the most important of all of the traits that you should possess is the ability to lead. But what does that mean? How does somebody lead successfully?


Leadership qualities consist of being able to influence people in a certain direction. If your organization needs to implement a new mission statement, your job is to persuade people, in such a way, to follow this new direction. A leader does this by talking, but more importantly, listening to his staff. By serving your employees, you are modeling a form of action that others will undeniably follow. In this way you will successfully lead people to the right course of action.


With a large number of meeting per week, a leader needs to be in top physical, mental, and emotional shape. This will allow you to focus and be present in every one of those meetings. This is the foundation of being able to do your job well. Don’t forget to exercise! Your mind works so much better.


And most importantly, be the person you want your organization to represent. If you’re not somebody that others want to replicate, why would anybody want your product, service, or support? Why would your staff desire to help you help them? Why would anybody listen to you if they can’t respect your decisions because of your behavior? This is key: be the person you would follow.


BECOMING A CHIEF EXECUTIVE OFFICER


If you’re interested in becoming a CEO of an organization there are a couple of ways to go about it. There is always a need for intelligent, caring, and strategy-focused Chief Executives. Here is a small list of ways to become a CEO. Choose which path you’d like to take. But remember that there is a lot of responsibility when it comes to this position.



  1. Start a brick and mortar business.

  2. Start an online company.

  3. Go to college and get an MBA.

  4. Become a professor > enter administration > enter presidency.

  5. Enter human resources > administration > CEO.


There a thousand ways to work your way up the corporate ladder, but the most effective way (and sometimes the most fulfilling) is the create your own business. Sometimes CEO’s will sell their company and begin a new one. Other times they’ll continue in their self-made organization and enter another company’s board of directors and implement strategies and policies that way. The world is open to you. Welcome to it!






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