Chief Executives and Managing Directors determine, formulate and review the general policy programs and the overall direction of organisations within the framework established by boards of directors and similar governing bodies.

A Bachelor Degree or higher, or at least 5 years of relevant experience is usually needed to work in this job. Around three in five workers have a university degree.

Tasks

  • determining objectives, strategies, policies and programs for organisations
  • providing overall direction and management to organisations
  • authorising material, human and financial resources to implement organisational policies and programs
  • monitoring and evaluating performance of organisations against organisational objectives and strategies
  • consulting with senior subordinate staff and reviewing recommendations and reports
  • preparing, or arranging for the preparation of, reports, budgets and forecasts and presenting them to governing bodies
  • representing the organisation at official occasions, in negotiations, at conventions, seminars, public hearings and forums, and liaising between areas of responsibility
  • selecting and approving the selection of senior staff
  • ensuring the organisation complies with company laws and other relevant legislation

Job Titles

  • Chief Executive, Managing Director, or Chief Executive Officer
  • Chief Executive, Managing Director, or Chief Executive Officer

    Specialisations: Director-General, Executive Director, Secretary (Government Department)

Fast Facts

  • Avg. Weekly Pay

    $2,572 Before Tax
  • Future Growth

    strong
  • Skill Level

    Bachelor Degree or higher
  • Employment Size

    58900
  • Unemployment

    below average
  • Male Share

    77.9%
  • Female Share

    22.1%
  • Full-Time Share

    86.9%

Find Vacancies

This is a very large occupation employing 58,900 workers. Over the past 5 years the number of jobs has stayed about the same.
Strong growth is expected in the future. New jobs and turnover from workers leaving may create between 25,001 and 50,000 job openings over the 5 years to 2020.

  • Chief Executives and Managing Directors work in most parts of Australia.
  • They work in many industries. Some of the main industries are: Professional, Scientific and Technical Services; Manufacturing; and Construction.
  • Full-time work is very common. Full-time workers, on average, work 48.3 hours per week (compared to the all jobs average of 40 hours).
  • Average earnings for full-time workers are around $2,572 per week (very high compared to the all jobs average of $1,230). Earnings tend to be lower when starting out and higher as experience grows.
  • The workforce is fairly mature. The average age is 50 years (compared to the all jobs average of 40 years) and around 7 in 10 workers are aged 45 years or older.
  • Around 8 in 10 workers are male.
  • In 2016, the unemployment rate was below average.

Employment Outlook

Number of Workers

Source: ABS Labour Force Survey, Department of Employment trend data to November 2015 and Department of Employment projections to 2020.
YearNumber of Workers
200545900
200645900
200748000
200843000
200955700
201058000
201164300
201269200
201358300
201446400
201558900
202067700

Weekly Earnings

Full-time Earnings

All Jobs Average

Weekly Earnings (before tax)

Source: Based on ABS Characteristics of Employment survey, August 2015, Cat. No. 6333.0, Customised Report. Median earnings are before tax and do not include superannuation. Earnings can vary greatly depending on the skills and experience of the worker and the demands of the role. These figures should be used as a guide only, not to determine a wage rate.
EarningsChief Executives and Managing Directors All Jobs Average
Full-Time Earnings25721230

Hours

Weekly Hours Worked

Source: Based on ABS Labour Force Survey, annual average 2016, Cat. No. 6291.0.55.003: Customised Report. Hours actually worked by people who usually work full-time, and share of employment by full-time and part-time status, for this job compared to the all jobs average.
CategoryChief Executives and Managing Directors All Jobs Average
Full-time86.968.4
Part-time13.131.6
Average Weekly Hours (full-time)48.340

Main Industries

Top Industries

Main Employing Industries (% share)

Source: Based on ABS Labour Force Survey, annual average 2016, Cat. No. 6291.0.55.003: Customised Report. Industries are based on the Australian and New Zealand Standard Industrial Classification (ANZSIC 06).
Main Employing IndustriesIndustry (% share)
Professional, Scientific and Technical Services22.9
Manufacturing10.5
Construction8.4
Health Care and Social Assistance6.4
Other Industries51.8

States and Territories

  • NSW

  • VIC

  • QLD

  • SA

  • TAS

  • NT

  • ACT

Employment by State and Territory (% share)

Source: Based on ABS Labour Force Survey, annual average 2016, Cat. No. 6291.0.55.003: Customised Report. Share of workers across Australian States and Territories, in this job compared to the all jobs average.
StateChief Executives and Managing Directors All Jobs Average
NSW33.531.8
VIC2625.5
QLD18.319.8
SA4.36.8
WA12.611.2
TAS1.92
NT0.91.1
ACT2.61.8

Age Profile

Age Profile (% share)

Source: Based on ABS Labour Force Survey, annual average 2016, Cat. No. 6291.0.55.003: Customised Report. Age profile of workers in this job compared to the all jobs average.
Age BracketChief Executives and Managing Directors All Jobs AverageAll Jobs Average
15-190-5.45.4
20-240.9-9.99.9
25-347.2-23.423.4
35-4422.5-21.721.7
45-5430.8-21.121.1
55-5914.2-8.78.7
60-6411.7-5.95.9
65 and Over12.7-3.83.8

Gender

Male Share

Female Share

Gender (% share)

Source: Based on ABS Labour Force Survey, annual average 2016, Cat. No. 6291.0.55.003: Customised Report. Male and female share of employment in this job compared to the all jobs average.
CategoryChief Executives and Managing Directors CategoryAll Jobs Average
Males77.9Males53.6
Females22.1Females46.4

Education Level

Top Education Levels

Highest Level of Education (% share)

Source: ABS, Education and Work (2016). Findings based on use of ABS TableBuilder data. Highest qualification completed by workers in this job (in any field of study). Skill level requirements can change over time, the qualifications needed by new workers might be different from the qualifications of workers already in the job.
Type of QualificationChief Executives and Managing Directors All Jobs AverageAll Jobs Average
Post Graduate/Graduate Diploma or Graduate Certificate27.6-8.68.6
Bachelor degree34.3-17.917.9
Advanced Diploma/Diploma8.5-10.110.1
Certificate III/IV22.6-18.918.9
Year 124.7-18.718.7
Years 11 & 102.3-17.717.7
Below Year 100-8.18.1

A Bachelor Degree or higher, or at least 5 years of relevant experience is usually needed to work in this job.
Around three in five workers have a university degree.

If you are interested in this style of work, there are a wide range of training options available that could lead to this or a similar job.
The pathway that is right for you will depend on your skills and interests.

It is a good idea to speak to industry bodies, employers, and workers to learn more about the skills and qualifications you will need.

Employers look for Chief Executives and Managing Directors who have strong communication skills, can interact with a range of people and provide leadership.

Knowledge

The topics, subjects, or knowledge areas workers rate as most important are shown below.

  1. Administration and Management

    95% Important

    Planning and coordination of people and resources.

  2. Personnel and Human Resources

    82% Important

    Recruiting and training people. Managing pay and other entitlements like sick and holiday leave. Negotiating pay and conditions.

  3. Customer and Personal Service

    82% Important

    Customer and personal services. This includes understanding customer needs, providing good quality service, and measuring customer satisfaction.

  4. English Language

    81% Important

    English language including the meaning and spelling of words, rules of composition, and grammar.

  5. Law and Government

    78% Important

    How our laws and courts work. Government rules and regulations, and the political system.

Occupational Information Network Chief ExecutivesOpens in a new window
O*NET is a trademark of the U.S. Department of Labor, Employment and Training Administration. The information on this site is derived from the US Department of Labor O*NET Database Version 21.2

Learn about the daily activities, and physical and social demands faced by workers. Explore the values and work styles that workers rate as most important.

Activities

The work activities workers rate as most important are shown below.

  1. Making Decisions and Solving Problems

    95% Important

    Using information to work out the best solution and solve problems.

  2. Communicating with Supervisors, Peers, or Staff

    95% Important

    Giving information to supervisors, co-workers, and staff by telephone, in written form, e-mail, or in person.

  3. Getting Information

    94% Important

    Looking for, getting and understanding different kinds of information.

  4. Communicating with Persons Outside Organization

    92% Important

    Communicating with customers, the public, government, and others in person, in writing, or by telephone or e-mail.

  5. Guiding, Directing and Motivating Staff

    91% Important

    Guiding and directing staff, including setting performance standards and monitoring performance.

Occupational Information Network Chief ExecutivesOpens in a new window
O*NET is a trademark of the U.S. Department of Labor, Employment and Training Administration. The information on this site is derived from the US Department of Labor O*NET Database Version 21.2

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