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.