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There is more than meets the eye when it comes to being a private sector executive. For example, did you know that they make an average of $84.83 an hour? That's $176,442 a year!

Between 2018 and 2028, the career is expected to grow 6% and produce 150,600 job opportunities across the U.S.

What Does a Private Sector Executive Do

There are certain skills that many private sector executives have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed management skills, time-management skills and problem-solving skills.

Learn more about what a Private Sector Executive does

How To Become a Private Sector Executive

If you're interested in becoming a private sector executive, one of the first things to consider is how much education you need. We've determined that 54.3% of private sector executives have a bachelor's degree. In terms of higher education levels, we found that 18.5% of private sector executives have master's degrees. Even though most private sector executives have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a private sector executive. When we researched the most common majors for a private sector executive, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on private sector executive resumes include associate degree degrees or diploma degrees.

You may find that experience in other jobs will help you become a private sector executive. In fact, many private sector executive jobs require experience in a role such as consultant. Meanwhile, many private sector executives also have previous career experience in roles such as volunteer or team leader.

Average Salary for a Private Sector Executive

Private Sector Executives in America make an average salary of $176,442 per year or $85 per hour. The top 10 percent makes over $274,000 per year, while the bottom 10 percent under $113,000 per year.
Average Private Sector Executive Salary
$176,442 Yearly
$84.83 hourly
$113,000
10 %
$176,000
Median
$274,000
90 %

What Am I Worth?

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Private Sector Executive Education

Private Sector Executive Majors

31.6 %
6.0 %

Private Sector Executive Degrees

Bachelors

54.3 %

Masters

18.5 %

Associate

12.6 %

Top Colleges for Private Sector Executives

1. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

2. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

3. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

4. University of Texas at Austin

Austin, TX • Private

In-State Tuition
$10,610
Enrollment
40,329

5. SUNY at Binghamton

Vestal, NY • Private

In-State Tuition
$9,808
Enrollment
13,990

6. Northeastern University

Boston, MA • Private

In-State Tuition
$51,522
Enrollment
13,760

7. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177

8. George Washington University, The

Washington, DC • Private

In-State Tuition
$55,230
Enrollment
12,161

9. Lehigh University

Bethlehem, PA • Private

In-State Tuition
$52,930
Enrollment
5,030

10. Pennsylvania State University

University Park, PA • Private

In-State Tuition
$18,454
Enrollment
40,108

Top Skills For a Private Sector Executive

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 38.6% of private sector executives listed financial statements on their resume, but soft skills such as management skills and time-management skills are important as well.

Private Sector Executive Demographics

Private Sector Executive Gender Distribution

Male
Male
63%
Female
Female
37%

After extensive research and analysis, Zippia's data science team found that:

  • Among private sector executives, 37.2% of them are women, while 62.8% are men.

  • The most common race/ethnicity among private sector executives is White, which makes up 81.8% of all private sector executives.

  • The most common foreign language among private sector executives is Spanish at 76.9%.

Online Courses For Private Sector Executive That You May Like

Advertising Disclosure  The courses listed below are affiliate links. This means if you click on the link and purchase the course, we may receive a commission.
Public Sector Debt Statistics
edX (Global)

This course, presented by IMF Statistics Department, covers the fundamentals needed to compile and disseminate comprehensive public sector debt statistics (PSDS) that are useful for policy- and decision-makers, as well as other users. The course introduces the conceptual statistical framework for PSDS—as presented in the Public Sector Debt Statistics: Guide for Compilers and Users—in the context of the government finance statistics (GFS) framework, which is harmonized with other macroeconomic...

Amazon FBA as a Private Label Business Launching Platform
udemy
4.6
(2,200)

Learn how to sell on Amazon FBA. Find, launch and scale your own private label brands without touching inventory...

Landscape Governance: Collaborating Across Sectors and Scales
edX (Global)

Increasing global complexities and interconnectedness offer both opportunities and challenges to our collective ability to deal with climate change, food insecurity, resource depletion and degradation and the many conflicts that arise due to scarcity. The solutions to many of these issues need both global attention, but also local action. Join this MOOC, to kick-start your efforts to unite stakeholders and design governance structures, processes and partnerships embedded in place that...

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Best States For a Private Sector Executive

Some places are better than others when it comes to starting a career as a private sector executive. The best states for people in this position are New York, Washington, Rhode Island, and New Jersey. Private sector executives make the most in New York with an average salary of $202,849. Whereas in Washington and Rhode Island, they would average $197,701 and $197,404, respectively. While private sector executives would only make an average of $196,986 in New Jersey, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. Rhode Island

Total Private Sector Executive Jobs:
152
Highest 10% Earn:
$270,000
Location Quotient:
1.4 Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Nevada

Total Private Sector Executive Jobs:
250
Highest 10% Earn:
$264,000
Location Quotient:
1.34 Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. New Jersey

Total Private Sector Executive Jobs:
998
Highest 10% Earn:
$270,000
Location Quotient:
1.41 Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Full List Of Best States For Private Sector Executives

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Top Private Sector Executive Employers

Most Common Employers For Private Sector Executive

Rank  Company  Average Salary  Hourly Rate  Job Openings  
1Novartis$184,059$88.492
2GALE$176,442$84.832
3USAID$176,442$84.831
4Broward County Public Schools$176,442$84.831
5Amazon$175,261$84.262
6JPMorgan Chase & Co.$167,943$80.744
7Parexel International$158,094$76.011
8Seagate Technology$156,432$75.211
9Royal Bank of Canada$149,104$71.682
10Fannie Mae$145,446$69.931