Chief Executives vs Financial Managers

Side-by-side salary and career comparison using Bureau of Labor Statistics data.

Chief Executives

$213,990

median annual salary

Financial Managers

$166,570

median annual salary

Chief Executives earns $47,420 more per year (28% higher)

This side-by-side compares Chief Executives (SOC 11-1011) against Financial Managers (SOC 11-3031) using BLS Occupational Employment and Wage Statistics from May 2025 plus BLS Employment Projections covering 2024–2034. The national median pay gap is $47,420/year (28%), favoring Chief Executives. Total U.S. employment sits at 204,350 for Chief Executives and 841,710 for Financial Managers, which matters when judging how competitive the market is on either side.

Career trajectory diverges as well: BLS projects Chief Executives employment to change +4.3% through 2033 versus +14.8% for Financial Managers, a difference of 10.5 percentage points. Annual openings (growth + replacement combined) are projected at 22.2 for Chief Executives against 74.6 for Financial Managers.

Salary comparisons mask enormous state-level variation. This page's state-by-state table shows where each occupation pays best relative to the other - 48 states have reported wage data for both occupations, and the top-paying metros can exceed the national median by 20-40%. When weighing these two careers, look past the headline median: check the 10th-to-90th percentile spread to understand ceiling and floor, compare the state where you actually want to live, factor in the educational and experience investment required to enter, and keep in mind that BLS wage data excludes employer benefits, stock options, tips, and bonuses which can shift total compensation by 20-40%. Both sides of this comparison link through to full national profiles where you can run those deeper checks before making a career decision.

Salary & Career Comparison

Metric Chief Executives Financial Managers
Median Salary $213,990 $166,570
Median Hourly $102.88/hr $80.08/hr
Mean Salary $269,630 $186,910
10th Percentile $75,700 $94,310
90th Percentile $507,730 $323,270
Total Employment 204,350 841,710
Job Growth (2024–2034) +4.3% +14.8%
Annual Openings 22,200 74,600
Education Bachelor's degree Bachelor's degree
Work Experience 5 years or more 5 years or more

Salary by State

States where both occupations have reported wage data, sorted by salary difference.

State Chief Executives Financial Managers Difference
Oregon $341,630 $156,460 +$185,170
Illinois $331,920 $165,880 +$166,040
Washington $339,810 $174,840 +$164,970
North Carolina $314,290 $166,780 +$147,510
Hawaii $281,640 $134,210 +$147,430
Virginia $310,740 $185,220 +$125,520
South Dakota $280,900 $159,700 +$121,200
Connecticut $295,120 $174,830 +$120,290
Indiana $254,180 $135,840 +$118,340
Michigan $255,560 $139,370 +$116,190
New Jersey $310,440 $199,110 +$111,330
Texas $257,850 $164,860 +$92,990
Maryland $248,660 $158,750 +$89,910
Pennsylvania $232,560 $145,610 +$86,950
Iowa $211,190 $133,320 +$77,870
Nebraska $214,680 $140,360 +$74,320
Wisconsin $208,350 $139,720 +$68,630
Rhode Island $235,360 $166,940 +$68,420
Tennessee $198,830 $141,010 +$57,820
Montana $182,340 $131,060 +$51,280

Showing top 20 of 48 states.

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Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (May 2025 release). Salary figures are annual medians and percentile bands published by BLS.

Common Questions

Which pays more, Chief Executives or Financial Managers?
Chief Executives pays more, with a median annual salary of $213,990 compared to $166,570 - a difference of $47,420 per year.
Which has better job outlook?
Financial Managers has faster projected growth at 14.8% from 2024 to 2034, compared to 4.3% for Chief Executives.
Where does this data come from?
All salary data comes from the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2025 release. Job outlook data comes from the BLS Employment Projections program covering 2024-2034.

Last updated: May 2025 (BLS OEWS annual release). Source: Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025.

Related

Data sourced from the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) program. See our methodology for details. Source: BLS OEWS national median annual wages, percentiles, and employment totals.