Business Executives


Business Management and Administration > Business Executives > Wages & Trends
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Business Executives

Business Executives - Wages & Trends

In business, pay varies based on the amount of responsibility and how long executives have worked for the firm. It also varies by the type, size, and location of the firm. For example, top managers who work for very large corporations usually earn more than those at small companies.

In government, executive pay varies widely. It may vary by the size of the government unit. It also varies by whether the position is year round or part time. States with more people, such as New York, pay more than small states, such as Arkansas. City governments tend to pay more than county.

In addition to pay, business executives receive other perks. They may receive company stocks and yearly bonuses. They may be given company cars, expense accounts, and access to executive dining rooms. Other benefits include paid health and life insurance plans. Some executives are given club memberships and limousines with drivers. Those who are self-employed must provide their own insurance.

Chief executives (SOC 11-1011)
Location
Pay Period
25%
Median
75%
Illinois Hourly $72.76 (1) (1)
Yearly $151,349 (1) (1)
    Champaign Area Hourly $78.78 (1) (1)
Yearly $163,863 (1) (1)
    Charleston-Effingham-Centralia Area Hourly $42.32 $51.37 $90.28
Yearly $88,035 $106,859 $187,785
    Cook County Hourly $76.13 (1) (1)
Yearly $158,351 (1) (1)
    Decatur Area Hourly $39.85 $82.04 (1)
Yearly $82,896 $170,654 (1)
    Dekalb-Elgin-Aurora Area Hourly $67.67 $96.76 (1)
Yearly $140,753 $201,263 (1)
    Du Page County Hourly $75.22 (1) (1)
Yearly $156,457 (1) (1)
    Edwardsville Area Hourly $69.85 $93.53 (1)
Yearly $145,281 $194,543 (1)
    Jacksonville-Carlinville-Litchfield Area Hourly $51.88 $77.30 (1)
Yearly $107,915 $160,792 (1)
    Kankakee-Morris-Pontiac Area Hourly $57.32 (1) (1)
Yearly $119,219 (1) (1)
    Lake County Hourly $84.71 (1) (1)
Yearly $176,203 (1) (1)
    McHenry County Hourly $75.52 (1) (1)
Yearly $157,073 (1) (1)
    Mt. Vernon-Marion-Carbondale Area Hourly $53.49 $83.22 (1)
Yearly $111,265 $173,090 (1)
    Northwest Illinois Area Hourly $65.30 $92.40 (1)
Yearly $135,821 $192,195 (1)
    Peoria-Bloomington Area Hourly $70.71 $98.87 (1)
Yearly $147,070 $205,644 (1)
    Quincy-Macomb-Galesburg Area Hourly $50.31 $84.83 (1)
Yearly $104,651 $176,445 (1)
    Rock Island-Moline Area Hourly $69.62 (1) (1)
Yearly $144,803 (1) (1)
    Rockford Area Hourly $55.21 $93.30 (1)
Yearly $114,838 $194,065 (1)
    Shawnee National Forest Area Hourly $62.78 (1) (1)
Yearly $130,591 (1) (1)
    Springfield Area Hourly $73.14 $94.72 (1)
Yearly $152,133 $197,014 (1)
    St. Louis-Belleville Area Hourly $68.18 $87.36 (1)
Yearly $141,807 $181,716 (1)
    Vermilion County Hourly $98.03 (1) (1)
Yearly $203,892 (1) (1)
    Will County Hourly $39.37 $74.93 (1)
Yearly $81,895 $155,858 (1)
United States Hourly $55.06 $89.40 (2)
Yearly $114,530 $185,950 (2)
(1) Wage estimate isn't available.(2) Wages are greater than $100/hour or $208,000/year.

Source: Illinois Career Information System (CIS) brought to you by Illinois Department of Employment Security.