Chief Executives in New Mexico
Considering working as a Chief Executives in New Mexico? Below are the key facts. Determine and formulate policies and provide overall direction of companies or private and public sector organizations within guidelines set up by a board of directors or similar governing body. Plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives and staff managers.
What do Chief Executives Make in New Mexico?
For a chief executives working in New Mexico, the typical annual salary is $148,790 per year (or about $71.54/hour).
| Wage Statistic | Annual | Hourly |
|---|---|---|
| 10th percentile | $34,520 | $16.60 |
| 25th percentile | $108,600 | $52.21 |
| Median (50th) | $148,790 | $71.54 |
| 75th percentile | $195,510 | $93.99 |
| 90th percentile | n/a | n/a |
Location quotient — how concentrated this career is in New Mexico nationwide is 0.30, suggesting fewer chief executives per worker than the national average.
National Wage Comparison
Nationally, chief executives earn a median of $138,534 per year ($66.60/hour), higher than the New Mexico median.
Employment Outlook
National employment for 385,243 chief executives nationwide. In New Mexico alone, approximately 360 people work in this role. That trails the typical state, which employs around 2,340 chief executives.
Top New Mexico Metros for Chief Executives
These are the New Mexico metros with the most chief executives in New Mexico.
| Metro Area | Number Employed | Annual Median Salary |
|---|---|---|
| Albuquerque, NM | 210 | $162,050 |
Top States for Chief Executives Employment
View the states that employ the most chief executives work.
| State | Number Employed |
|---|---|
| California | 36,980 |
| Pennsylvania | 14,140 |
| New York | 7,830 |
| Massachusetts | 7,110 |
| Minnesota | 6,690 |
| Georgia | 5,440 |
| Tennessee | 5,360 |
| Illinois | 5,150 |
| Virginia | 4,620 |
| Maryland | 4,580 |
| Wisconsin | 4,440 |
| Ohio | 4,430 |
| Washington | 4,140 |
| Missouri | 4,050 |
| Utah | 3,980 |
| Michigan | 3,940 |
| Iowa | 3,520 |
| Arizona | 3,100 |
| Kentucky | 2,950 |
| South Carolina | 2,950 |
Highest-Paying States for Chief Executives
Where chief executives earn the most: chief executives.
| State | Annual Median Salary |
|---|---|
| Hawaii | $231,500 |
| California | $220,600 |
| Pennsylvania | $220,510 |
| New York | $219,320 |
| Michigan | $219,230 |
| Rhode Island | $211,810 |
| Wisconsin | $209,090 |
| Ohio | $208,590 |
| Nebraska | $206,080 |
| Indiana | $205,780 |
Skills
The most important chief executives skills, rated on an importance scale of 0 to 5:
Knowledge Areas
Core knowledge areas for this occupation, rated on an importance scale of 0 to 5:
Abilities
The abilities that matter most for chief executives, rated on an importance scale of 0 to 5:
Daily Tasks
Common tasks include:
- Direct or coordinate an organization's financial or budget activities to fund operations, maximize investments, or increase efficiency.
- Confer with board members, organization officials, or staff members to discuss issues, coordinate activities, or resolve problems.
- Prepare budgets for approval, including those for funding or implementation of programs.
- Direct, plan, or implement policies, objectives, or activities of organizations or businesses to ensure continuing operations, to maximize returns on investments, or to increase productivity.
- Prepare or present reports concerning activities, expenses, budgets, government statutes or rulings, or other items affecting businesses or program services.
- Implement corrective action plans to solve organizational or departmental problems.
- Analyze operations to evaluate performance of a company or its staff in meeting objectives or to determine areas of potential cost reduction, program improvement, or policy change.
- Direct or coordinate activities of businesses or departments concerned with production, pricing, sales, or distribution of products.
- Direct human resources activities, including the approval of human resource plans or activities, the selection of directors or other high-level staff, or establishment or organization of major departments.
- Appoint department heads or managers and assign or delegate responsibilities to them.
- Interpret and explain policies, rules, regulations, or laws to organizations, government or corporate officials, or individuals.
- Review reports submitted by staff members to recommend approval or to suggest changes.
Work Activities
- Making Decisions and Solving Problems
- Establishing and Maintaining Interpersonal Relationships
- Communicating with Supervisors, Peers, or Subordinates
- Guiding, Directing, and Motivating Subordinates
- Coaching and Developing Others
- Developing and Building Teams
- Developing Objectives and Strategies
- Getting Information
- Communicating with People Outside the Organization
- Organizing, Planning, and Prioritizing Work
- Evaluating Information to Determine Compliance with Standards
- Resolving Conflicts and Negotiating with Others
Tools & Technology
Technologies frequently used: Hot technologies: Adobe Acrobat, Atlassian JIRA In-demand technologies: Microsoft Excel
What Major Will Prepare You For This Career?
Related college programs include:
- Business Administration & Management
- Business & Commerce
- Finance & Financial Management
- Management Sciences & Methods
- Entrepreneurial Studies
- International Business
- Public Administration
Featured schools near , edit
Related Careers
Other careers like chief executives include:
- Financial Managers
- Treasurers and Controllers
- Human Resources Managers
- Education Administrators, Postsecondary
- Social and Community Service Managers
- Compliance Managers
Also Known As
Aeronautics Commission Director, Agency Owner, Agricultural Services Director, Arts and Humanities Council Director, Bank President, Bureau Chief, Business Development Executive (BD Executive), Business Development Officer (BD Officer), Business Enterprise Officer, Business Executive, CEO (Chief Executive Officer), Chief Administrative Officer (CAO), Chief Diversity Officer (CDO), Chief Financial Officer (CFO), Chief Information Officer (CIO).
References
- U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics — https://www.bls.gov/oes/
- O*NET Online — https://www.onetonline.org/
- BLS Employment Projections — https://www.bls.gov/emp/
- O*NET-SOC code: 11-1011.00
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