Salary

Senior Executive Salary: What You’ll Make and Why

Senior executives make around $71,240 to $171,377 on average in the US, depending on experience, location, skills, and other factors.

According to various salary aggregate websites, a senior executive’s average salary in the US ranges between $71,240 and $171,377. As of March 2022, the average base salaries for senior executives are as follows:

PayscaleZipRecruiterIndeedSalary.comGlassdoor
$71,240$78,475$90,770$171,377$121,372

Keep in mind: Salary aggregate websites typically rely on data submitted anonymously by individuals using their site. Some websites may have received larger amounts of data of either higher or lower than average salaries, which may affect the site’s calculated average.

Read more: What Is a Senior Executive? How to Become One

What influences a salary?

A senior executive’s salary is determined by a number of factors, including the size of the company they work for, the industry they’re in, their level of experience, and their job responsibilities. Here’s a closer look at how each of these factors can impact a senior executive’s salary.

Years of experience

Salary increases are generally tied to your experience level. In general, the more years you spend working as a senior executive, the more you can expect to earn. Here’s how experience can impact your senior executive salary, according to the Bureau of Labor Statistics and the National Compensation Survey.

Level of experienceSalary
Entry-level (less than 1 year)$43,381
Early career (1 to 4 years)$71,557
Mid career (5 to 9 years)$110,869
Experienced (10 to 19 years)$147,190
Late career (20+ years)$220,784
Location

Where you live can also impact how much you can make as a senior executive. Typically, working in a large metropolitan area correlates to a higher salary, as well as a higher cost of living.

Here is a list of some major cities with their corresponding average senior executive salary according to the Bureau of Labor Statistics.

CityAverage Salary
Houston, TX$147,444
New York City, NY$147,410
Seattle, WA$146,895
Charlotte, NC$145,786
Detroit, MI$144,569
Cincinnati, OH$110,092
Indianapolis, IN$109,085
Nashville, TN$99,738
Salt Lake City, UT$95,215
Oklahoma City, OK$89,525

How does this compare to similar jobs?

Here’s how a senior executive’s salary stacks up against similar jobs.

Related JobsAverage Salary
Assistant$31,589
Executive Assistant$49,074
Administrative Assistant$37,849
Office Manager$42,603
Operations Manager$64,185
Office Coordinator$35,357
Facilities Manager$64,386
Project Manager$78,087
Executive Administrative Assistant$47,987

How to increase your senior executive salary

Now that you have a better idea of what you could expect to earn as a senior executive, let’s look at ways to boost your salary.

1. Strengthen your skills

Pursuing and improving in-demand skills could make you more competitive for promotions and higher-paying positions. These skills include:

  • Strategic Planning: Develop long-term plans and goals for the company
  • Financial Analysis: Understand and interpret financial statements to make sound business decisions
  • Risk Management: Identify and mitigate risks that could impact the company’s bottom line
  • Change Management: Plan and execute changes to company structure, culture, or processes
  • Leadership: Inspire and motivate employees to achieve company goals
2. Get a good performance review

One of the best ways to increase your salary as a senior executive is to get a good performance review. If your company is happy with your work, they’ll be more likely to give you a raise. Make sure you’re meeting all your deadlines and goals, and try to go above and beyond whenever possible.

3. Go back to school

While it may seem like an investment with a long-term payoff, getting a higher degree can actually lead to a salary increase in the short-term as well. In fact, a recent study found that workers with a master’s degree earned a median salary that was 18% higher than those with a bachelor’s degree.

Article Sources

1. US Bureau of Labor Statistics. “National Compensation Survey, https://www.bls.gov/ncs/.” Accessed March 23, 2022.

2. US Bureau of Labor Statistics. “Occupational Employment and Wages, https://www.bls.gov/oes/current/oes111011.htm.” Accessed March 23, 2022.

3. Payscale. “Senior Executive Assistant Salary, https://www.payscale.com/research/US/Job=Senior_Executive_Assistant/Salary.” Accessed March 23, 2022.

4. Ziprecruiter. “Senior Executive Annual Salary, https://www.ziprecruiter.com/Salaries/Senior-Executive-Salary.” Accessed March 23, 2022.

5. Indeed. “Indeed Salary Finder, https://www.indeed.com/career/salaries.” Accessed March 23, 2022.

6. Salary.com. “Senior Executive Salary, https://www.salary.com/research/salary/hiring/senior-executive-salary.” Accessed March 23, 2022.

7. Glassdoor. “Senior Executive Salaries, https://www.glassdoor.com/Salaries/senior-executive-salary-SRCH_KO0,16.htm.” Accessed March 23, 2022.

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