Management of Companies Employment and Wages in 2023

In 2023, the Management of Companies and Enterprises industry employed over 2.8 million people in the United States, reflecting an increase of 3.3% from 2022. The annual mean wage in 2023 was $106,640, and the median wage was $84,440. Compared to the national average, the wages in this industry group were higher by 62.9%.

Highest Employment Occupations

When we examine the top occupations in terms of employment within the Management of Companies and Enterprises industry, we find that General and Operations Managers had the highest annual mean wage in 2023, at $193,840, and a median wage of $161,550. The industry variance to the national average was 49.9%. Financial Managers had an annual mean wage of $190,520 and a median wage of $167,820. The industry variance to the national average was 9%. Software Developers had an annual mean wage of $133,280 and a median wage of $131,370. The industry variance to the national average was -3.5%.

Conversely, notable occupations with lower wages within the Management of Companies and Enterprises industry included Customer Service Representatives, with an annual mean wage of $49,160 and a median wage of $46,130. The industry variance to the national average was 13%. Bookkeeping, Accounting, and Auditing Clerks had an annual mean wage of $50,850 and a median wage of $48,120. The industry variance to the national average was 2.6%. Human Resources Specialists had an annual mean wage of $82,460 and a median wage of $77,760. The industry variance to the national average was 8.4%.

Summary

In 2023, the U.S. Management of Companies and Enterprises industry employed over 2.8 million people, with wages significantly higher than the national average—mean wages at $106,640 and median at $84,440, reflecting a 62.9% premium. Top-paying roles included General and Operations Managers and Financial Managers, earning mean wages of $193,840 and $190,520, respectively, while Software Developers earned slightly below the national average. Lower-paying roles, such as Customer Service Representatives and Bookkeeping Clerks, earned near or slightly above their national averages, with mean wages at $49,160 and $50,850.

For more detailed industry insights, consider purchasing Aimiax’s 2023 Management of Companies Industry Report.