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.
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.
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.
Philadelphia, PA • Private
Evanston, IL • Private
Los Angeles, CA • Private
Austin, TX • Private
Vestal, NY • Private
Boston, MA • Private
Waltham, MA • Private
Washington, DC • Private
Bethlehem, PA • Private
University Park, PA • Private
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.
After extensive research and analysis, Zippia's data science team found that:
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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
3. New Jersey
|Rank||Company||Average Salary||Hourly Rate||Job Openings|
|4||Broward County Public Schools||$176,442||$84.83||1|
|6||JPMorgan Chase & Co.||$167,943||$80.74||4|
|9||Royal Bank of Canada||$149,104||$71.68||2|