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How to hire a chief executive officer

Chief executive officer hiring summary. Here are some key points about hiring chief executive officers in the United States:

  • There are a total of 42,356 chief executive officers in the US, and there are currently 149,185 job openings in this field.
  • The median cost to hire a chief executive officer is $1,633.
  • Small businesses spend $1,105 per chief executive officer on training each year, while large companies spend $658.
  • It takes between 36 and 42 days to fill the average role in the US.
  • It takes approximately 12 weeks for a new employee to reach full productivity levels.
  • HR departments typically allocate 15% of their budget towards recruitment efforts.
  • Los Angeles, CA, has the highest demand for chief executive officers, with 15 job openings.

How to hire a chief executive officer, step by step

To hire a chief executive officer, consider the skills and experience you are looking for in a candidate, allocate a budget for the position, and post and promote the job opening to reach potential candidates. Follow these steps to hire a chief executive officer:

Here's a step-by-step chief executive officer hiring guide:

  • Step 1: Identify your hiring needs
  • Step 2: Create an ideal candidate profile
  • Step 3: Make a budget
  • Step 4: Write a chief executive officer job description
  • Step 5: Post your job
  • Step 6: Interview candidates
  • Step 7: Send a job offer and onboard your new chief executive officer
  • Step 8: Go through the hiring process checklist

What does a chief executive officer do?

A chief executive officer is the overall head of the company's operations. Chief executive officers are responsible for making corporate decisions that would define the company's performance in the market. A chief executive officer must display exceptional leadership and decision-making skills to create business growth and development strategies. The chief executive officers also provide a regular business update to the board regarding the company's status. They should also be able to identify business opportunities and create long-lasting, professional relationships with business partners and other organizations.

Learn more about the specifics of what a chief executive officer does
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  1. Identify your hiring needs

    The chief executive officer hiring process starts by determining what type of worker you actually need. Certain roles might require a full-time employee, whereas part-time workers or contractors can do others.

    Determine employee vs contractor status
    Is the person you're thinking of hiring a US citizen or green card holder?

    Hiring the perfect chief executive officer also involves considering the ideal background you'd like them to have. Depending on what industry or field they have experience in, they'll bring different skills to the job. It's also important to consider what levels of seniority and education the job requires and what kind of salary such a candidate would likely demand.

    The following list breaks down different types of chief executive officers and their corresponding salaries.

    Type of Chief Executive OfficerDescriptionHourly rate
    Chief Executive OfficerTop executives devise strategies and policies to ensure that an organization meets its goals. They plan, direct, and coordinate operational activities of companies and organizations.$50-170
    Vice President & General ManagerA vice president and general manager's role is to implement policies and regulations while overseeing the business operations. Typically, it is their primary responsibility to devise training programs that would produce more efficient workforce members, create new strategies to boost sales and customer satisfaction, and participate in budget and goals creation... Show more$51-131
    Vice PresidentVice presidents are usually considered the second-in-command in the organization, depending on the organization structure. They take over when the president is unavailable to fulfill duties... Show more$51-112
  2. Create an ideal candidate profile

    Common skills:
    • Healthcare
    • Patients
    • Patient Care
    • Customer Service
    • Financial Management
    • Oversight
    • Business Development
    • Human Resources
    • Strategic Plan
    • R
    • Regulatory Compliance
    • Strategic Partnerships
    • Product Development
    • Business Plan
    Check all skills
    Responsibilities:
    • Manage the bidding process by reviewing all RFP and preparing responses.
    • Manage complex Google, Facebook, SEO/Content, drip email, behavior base emails, and so much more.
    • Manage and grow Instagram accounts of large and small businesses as well as individual accounts such as models and singers.
    • Design, execute, and manage the construction and d cor of store location and seasonal windows of old store location.
    • Develop an IP within the e-Gaming & mobile-gaming world that can achieve ad revenue greater than Google or Facebook potentially combine.
    • Source and manage contractors for frontend JavaScript development.
    More chief executive officer duties
  3. Make a budget

    Including a salary range in the chief executive officer job description is a good way to get more applicants. A chief executive officer salary can be affected by several factors, such as the location of the job, the level of experience, education, certifications, and the employer's prestige.

    For example, the average salary for a chief executive officer in Maine may be lower than in Hawaii, and an entry-level engineer typically earns less than a senior-level chief executive officer. Additionally, a chief executive officer with lots of experience in the field may command a higher salary as a result.

    Average chief executive officer salary

    $192,260yearly

    $92.43 hourly rate

    Entry-level chief executive officer salary
    $104,000 yearly salary
    Updated December 27, 2025

    Average chief executive officer salary by state

    RankStateAvg. salaryHourly rate
    1Hawaii$247,076$119
    2District of Columbia$214,895$103
    3Nevada$214,262$103
    4New York$202,367$97
    5Connecticut$198,915$96
    6California$195,438$94
    7Texas$190,853$92
    8Virginia$183,858$88
    9Illinois$181,007$87
    10Pennsylvania$174,708$84
    11Massachusetts$174,455$84
    12Washington$174,163$84
    13Georgia$171,188$82
    14Nebraska$164,765$79
    15Colorado$155,810$75
    16North Carolina$154,429$74
    17Ohio$152,224$73
    18Florida$151,617$73
    19Indiana$150,636$72
    20Oregon$147,652$71

    Average chief executive officer salary by company

    RankCompanyAverage salaryHourly rateJob openings
    1Alecto Healthcare Services LLC$260,813$125.39
    2BridgePoint Healthcare$251,797$121.06
    3Architizer$249,875$120.13
    4SoundCloud$249,094$119.76
    5REDCOM Laboratories$247,039$118.77
    6Surgery Partners$246,858$118.6813
    7ION$239,174$114.991
    8UnitedHealth Group$239,171$114.99206
    9Telefónica Ecuador$238,087$114.46
    10Hazelcast$237,783$114.32
    11DropThought$236,128$113.52
    12Carle Foundation$234,437$112.7141
    13Mercato$234,167$112.58
    14Atheer$233,927$112.46
    15Proteus International$233,783$112.401
    16HTx Services$232,802$111.92
    17Mobile.co$231,885$111.488
    18Quorum Health$231,712$111.405
    19Community Health Systems$231,691$111.39102
    20Amour Vert$231,566$111.33
  4. Writing a chief executive officer job description

    A chief executive officer job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. Below, you can find an example of a chief executive officer job description:

    Chief executive officer job description example

    The Frazier Rehabilitation Institute CEO provides overall executive leadership and direction in the ongoing operations for this book of business throughout UofL Health which includes inpatient rehab, outpatient rehab, acute care therapy services, and nutrition therapy.

    The Frazier Rehab CEO ensures high quality, cost-effective care in keeping with the goals and objectives as defined by the organization. Oversees development and implementation of strategic plan and operating capital budgets; expansion of services, technologies and support systems. Serves as a role model in the pursuit of quality and value, maintaining positive relationships with employees, providers, Advisory Board members, payers, patients and the community at large.

    Performs, in general, all duties incident to the office of the CEO of Frazier Rehab and other duties as may be prescribed by leadership.
    Responsibilities • Be recognized as knowledgeable, visible, and accessible, who can integrate into UofL Health.
    • Develop short term and long-term strategies and action plans to ensure high quality patient care.
    • Execute strategies to ensure financial targets are met.
    • Organize and build a team to ensure organizational goals relative to budgets, financial improvement, organizational culture, and cost savings are met.
    • Organize all the internal functions necessary across the continuum of care, appoint leaders, outline key roles, and ensure accountability in meeting facility and system goals as appropriate.
    • Work collaboratively with other executives, physicians and staff, to provide daily leadership guidance and oversight providing a high degree of clinical service line and cross department collaboration.
    • Build and grow volumes and revenue through new or existing clinical programs and service offerings.
    • Reduce the costs of care and find synergies through value-based care. Efficiently use people, processes, and technologies to contain costs.
    • Engage physicians and work effectively with the medical executive leaders and medical officers.
    • Ensure compliance with all applicable regulations. Ensure facilities are ready to be CARF and Joint Commission surveyed and meet all CMS participation requirements.
    • Provide regular reports to the Frazier Advisory Board as necessary regarding progress, and strategies. Qualifications Education: Master's Degree in healthcare, business or related field experience: Experience: At least five years' experience in a leadership position in rehabilitation is preferred. Depth of knowledge and demonstrated expertise in rehabilitation healthcare strategies, financial improvement, quality, safety and patient experience best practices.
  5. Post your job

    There are a few common ways to find chief executive officers for your business:

    • Promoting internally or recruiting from your existing workforce.
    • Ask for referrals from friends, family members, and current employees.
    • Attend job fairs at local colleges to meet candidates with the right educational background.
    • Use social media platforms like LinkedIn, Facebook, and Twitter to recruit passive job-seekers.
    Post your job online:
    • Post your chief executive officer job on Zippia to find and recruit chief executive officer candidates who meet your exact specifications.
    • Use field-specific websites.
    • Post a job on free websites.
  6. Interview candidates

    During your first interview to recruit chief executive officers, engage with candidates to learn about their interest in the role and experience in the field. During the following interview, you'll be able to go into more detail about the company, the position, and the responsibilities.

    It's also good to ask about candidates' unique skills and talents to see if they match your ideal candidate profile. If you think a candidate is good enough for the next step, you can move on to the technical interview.

    The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

  7. Send a job offer and onboard your new chief executive officer

    Once you have selected a candidate for the chief executive officer position, it is time to create an offer letter. In addition to salary, the offer letter should include details about benefits and perks that are available to the employee. Ensuring your offer is competitive is vital, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and it is important to be open to discussion and reach a mutually beneficial agreement. After the offer has been accepted, it is a good idea to formalize the agreement with a contract.

    It's also good etiquette to follow up with applicants who don't get the job by sending them an email letting them know that the position has been filled.

    To prepare for the new employee's start date, you can create an onboarding schedule and complete any necessary paperwork, such as employee action forms and onboarding documents like I-9 forms, benefits enrollment, and federal and state tax forms. Human Resources should also ensure that a new employee file is created.

  8. Go through the hiring process checklist

    • Determine employee type (full-time, part-time, contractor, etc.)
    • Submit a job requisition form to the HR department
    • Define job responsibilities and requirements
    • Establish budget and timeline
    • Determine hiring decision makers for the role
    • Write job description
    • Post job on job boards, company website, etc.
    • Promote the job internally
    • Process applications through applicant tracking system
    • Review resumes and cover letters
    • Shortlist candidates for screening
    • Hold phone/virtual interview screening with first round of candidates
    • Conduct in-person interviews with top candidates from first round
    • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
    • Conduct background checks on top candidates
    • Check references of top candidates
    • Consult with HR and hiring decision makers on job offer specifics
    • Extend offer to top candidate(s)
    • Receive formal job offer acceptance and signed employment contract
    • Inform other candidates that the position has been filled
    • Set and communicate onboarding schedule to new hire(s)
    • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)
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How much does it cost to hire a chief executive officer?

Hiring a chief executive officer comes with both the one-time cost per hire and ongoing costs. The cost of recruiting chief executive officers involves promoting the job and spending time conducting interviews. Ongoing costs include employee salary, training, benefits, insurance, and equipment. It is essential to consider the cost of chief executive officer recruiting as well the ongoing costs of maintaining the new employee.

The median annual salary for chief executive officers is $192,260 in the US. However, the cost of chief executive officer hiring can vary a lot depending on location. Additionally, hiring a chief executive officer for contract work or on a per-project basis typically costs between $50 and $170 an hour.

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