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How to hire an owner and chief executive officer

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

  • The median cost to hire an owner and chief executive officer is $1,633.
  • It takes between 36 and 42 days to fill the average role in the US.
  • HR departments typically allocate 15% of their budget towards recruitment efforts.
  • Small businesses spend $1,105 per owner and chief executive officer on training each year, while large companies spend $658.
  • It takes approximately 12 weeks for a new employee to reach full productivity levels.
  • There are a total of 212,213 owner and chief executive officers in the US, and there are currently 198,481 job openings in this field.
  • Brighton, CO, has the highest demand for owner and chief executive officers, with 3 job openings.

How to hire an owner and chief executive officer, step by step

To hire an owner and chief executive officer, you should clearly understand the skills and experience you are looking for in a candidate, and allocate a budget for the position. You will also need to post and promote the job opening to reach potential candidates. Here's a step-by-step guide on how to hire an owner and chief executive officer:

Here's a step-by-step owner and 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 an owner and chief executive officer job description
  • Step 5: Post your job
  • Step 6: Interview candidates
  • Step 7: Send a job offer and onboard your new owner and chief executive officer
  • Step 8: Go through the hiring process checklist
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  1. Identify your hiring needs

    First, determine the employments status of the owner and chief executive officer you need to hire. Certain owner and chief executive officer roles might require a full-time employee, whereas others can be done by part-time workers or contractors.

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

    Hiring the perfect owner and 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 owner and chief executive officers and their corresponding salaries.

    Type of Owner And Chief Executive OfficerDescriptionHourly rate
    Owner And 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.$31-61
    PresidentPresidents are usually the highest-level executives in an organization. They oversee the whole company... Show more$54-155
    Managing PartnerThe primary role of managing partners is to manage a company's day-to-day operations and provide overall strategic and administrative decisions. They have to maintain positive client relations and consult and collaborate with other employees, executives, and board members... Show more$39-124
  2. Create an ideal candidate profile

    Common skills:
    • Web Design
    • Payroll
    • Financial Management
    • Product Development
    • R
    • Sales Strategies
    • Business Plan
    • Real Estate
    • Human Resources
    • Business Development
    • Logistics
    • SEO
    • Graphic Design
    • Windows
    Check all skills
    Responsibilities:
    • Implement and actively manage POS system and relate activities.
    • Manage all personnel, purchasing, sales, POS, merchandising and operations.
    • Lead the effort to pursue the aerospace market as a growth opportunity and economic hedge.
    • Drive brand awareness and qualify leads through digital strategies including SEO, social media, and content marketing.
    • Direct strategic initiatives to achieve growth in precision machine parts, fabricate tubes and CNC machining across multiple industries.
    • Manage sale to venture-backed technology service provider base in NYC.
  3. Make a budget

    Including a salary range in your owner and chief executive officer job description is a great way to entice the best and brightest candidates. An owner and chief executive officer salary can vary based on several factors:
    • Location. For example, owner and chief executive officers' average salary in mississippi is 60% less than in district of columbia.
    • Seniority. Entry-level owner and chief executive officers earn 49% less than senior-level owner and chief executive officers.
    • Certifications. An owner and chief executive officer with a few certifications under their belt will likely demand a higher salary.
    • Company. Working for a prestigious company or an exciting start-up can make a huge difference in an owner and chief executive officer's salary.

    Average owner and chief executive officer salary

    $91,613yearly

    $44.04 hourly rate

    Entry-level owner and chief executive officer salary
    $65,000 yearly salary
    Updated December 20, 2025
  4. Writing an owner and chief executive officer job description

    A job description for an owner and chief executive officer role includes a summary of the job's main responsibilities, required skills, and preferred background experience. Including a salary range can also go a long way in attracting more candidates to apply, and showing the first name of the hiring manager can also make applicants more comfortable. As an example, here's an owner and chief executive officer job description:

    Owner and chief executive officer job description example

    • Be your own boss and run things your own way
    • Pay NO franchise or royalty fees (not a franchise opportunity)
    • Craft your own work/life balance
    • Earn repeat revenue from policy renewals
    • Control your earnings potential with robust commission and bonus opportunities
    • Enjoy immediate brand-name recognition of a Fortune 100 Company
    • Build a legacy with the opportunity to pass it down or sell to an approved purchaser

    We are here to support you

    Allstate provides a plethora of resources to support the growth of your business through education, marketing support, and incentives. Learn more details from one of our talent advisors by applying today.

    More Details

    • Prior business or franchise ownership preferred, but not required.
    • Previous insurance experience a plus, but not required.
    • Experience in playing an active role in the day to day operations, budgeting, planning and staffing strategies or experience in business or sales management.
    • You are required to obtain all applicable state licenses for property & casualty, life & health before getting appointed with Allstate.
    • Investment of liquid capital into your business to cover startup costs. Allstate does not take possession of your capital and there are no franchise fees. These funds remain in your control and you will use them to cover your operational expenses such as your payroll, lease, marketing, utilities etc.

    Subject to all terms and conditions as outlined in the Allstate R3001 Exclusive Agency Agreement and Exclusive Agency program materials. Allstate agents are not franchisees; rather they are exclusive agent independent contractors and are not employed by Allstate. Allstate is an Equal Opportunity Company. Allstate Insurance Company, Northbrook, IL. In New Jersey, Allstate New Jersey Insurance Company, Bridgewater, NJ. 2015 Allstate Insurance Co.

  5. Post your job

    To find owner and chief executive officers for your business, try out a few different recruiting strategies:

    • Consider internal talent. One of the most important talent pools for any company is its current employees.
    • Ask for referrals. Reach out to friends, family members, and your current work to ask if they know any owner and chief executive officers they would recommend.
    • Recruit at local colleges. Attend job fairs at local colleges to recruit entry-level owner and chief executive officers with the right educational background.
    • Social media platforms. LinkedIn, Facebook, and Twitter have more than 3.5 billion users, and they're a great place for company branding and reaching potential job candidates.
    Post your job online:
    • Post your owner and chief executive officer job on Zippia to find and recruit owner and 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 owner and 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. You can move on to the technical interview if a candidate is good enough for the next step.

    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 owner and chief executive officer

    Once you have selected a candidate for the owner and 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 equally important to follow up with applicants who don't get the job with 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 an owner and chief executive officer?

Recruiting owner and chief executive officers involves both the one-time costs of hiring and the ongoing costs of adding a new employee to your team. Your spending during the hiring process will mostly be on things like promoting the job on job boards, reviewing and interviewing candidates, and onboarding the new hire. Ongoing costs will obviously involve the employee's salary, but also may include things like benefits.

The median annual salary for owner and chief executive officers is $91,613 in the US. However, the cost of owner and chief executive officer hiring can vary a lot depending on location. Additionally, hiring an owner and chief executive officer for contract work or on a per-project basis typically costs between $31 and $61 an hour.

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