Information Provided by the Bureau of Labor Statistics Occupational Outlook Handbook
Keen competition is expected because the prestige and high pay attract a large number of qualified applicants. Top executives are among the highest paid workers; however, long hours, considerable travel, and intense pressure to succeed are common. The formal education and experience of top executives vary as widely as the nature of their responsibilities.
On average, General and Operations Managers earn $ 85,230 per year.
Job Opportunities for General and Operations Managers are expected to:
Increase much faster than the average.
All organizations have specific goals and objectives that they strive to meet. Top executives devise strategies and formulate policies to ensure that these objectives are met. Although they have a wide range of titlessuch as chief executive officer, chief operating officer, board chair, president, vice president, school superintendent, county administrator, or tax commissionerall formulate policies and direct the operations of businesses and corporations, public sector organizations, nonprofit institutions, and other organizations.
Many top executives have a bachelors or graduate degree in business administration, liberal arts, or a more specialized discipline. The specific degree required often depends on the type of organization for which they work.
Top executives are found in every industry, but service-providing industries, including government, employed over 3 out of 4 top executives.