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

  • $2,572 Weekly Pay
  • 53,300 workers Employment Size
  • Stable Future Growth
  • Very high skill Skill level rating
  • Lower unemployment Unemployment
  • 89.6% Full-Time Full-Time Share
  • 47.6 hours Average full-time
  • 50.5 years Average age
  • 26.4% female Gender Share

The number of Chief Executives and Managing Directors fell over the past 5 years and is expected to stay fairly stable over the next 5 years:
from 53,300 in 2017 to 54,300 by 2022.
There are likely to be around 22,000 job openings over this time from workers leaving and new jobs being created.

  • Size: This is a very large occupation.
  • Unemployment: Unemployment was below average in 2017.
  • Location: Chief Executives and Managing Directors work in most regions of Australia.
  • Industries: They work in many industries such as Professional, Scientific and Technical Services; Manufacturing; and Construction.
  • Earnings: Full-time workers earn 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.
  • Full-time: Most work full-time (89.6%, much higher than the all jobs average of 68.4%).
  • Hours: Full-time workers spend around 47.6 hours per week at work (compared to the all jobs average of 40.0 hours).
  • Age: The average age is 51 years (compared to the all jobs average of 40 years). Many workers are 45 years or older (74.2%).
  • Gender: 26.4% of workers are female (compared to the all jobs average of 46.7%).

Employment Outlook

Number of Workers

Source: ABS Labour Force Survey, Department of Jobs and Small Business trend data to May 2017 and Department of Jobs and Small Business projections to 2022.
YearNumber of Workers
200746200
200844900
200946100
201065500
201153700
201276300
201363000
201450600
201550800
201657900
201753300
202254300

Weekly Earnings

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

Main Industries

Main Employing Industries (% Share)

Source: Based on ABS Labour Force Survey, annual average 2017, 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 Services17.6
Manufacturing9.0
Construction8.9
Financial and Insurance Services7.9
Other Industries56.6

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 2017, 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
NSW37.031.6
VIC25.626.2
QLD18.419.7
SA5.56.7
WA8.110.8
TAS1.72.0
NT1.71.1
ACT2.01.8

Age Profile

Age Profile (% Share)

Source: Based on ABS Labour Force Survey, annual average 2017, 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
15-190.0-5.25.2
20-240.8-9.99.9
25-343.1-23.623.6
35-4421.8-21.721.7
45-5435.5-20.820.8
55-5916.6-8.88.8
60-6412.8-6.06.0
65 and Over9.3-4.04.0

Education Level

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.

Before starting a course, check it will provide you with the skills and qualifications you need.

  • Compare undergraduate and postgraduate student experiences and outcomes on the QILT website.
  • Compare Vocational Education and Training (VET) courses, providers and student outcomes on the My Skills website.
  • You might be interested in Business Services VET training pathways on the AAPathways website.

The course listings on this page are provided by Good Education Group.

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

Knowledge

These are important topics, subjects or knowledge areas.

  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
O*NET is a trademark of the U.S. Department of Labor, Employment and Training Administration.
The importance ratings on this page are derived from the US Department of Labor O*NET Database Version 21.2, 11-1011.00 - Chief Executives.

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

These are kinds of activities workers regularly do in this job.

  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
O*NET is a trademark of the U.S. Department of Labor, Employment and Training Administration.
The importance ratings on this page are derived from the US Department of Labor O*NET Database Version 21.2, 11-1011.00 - Chief Executives.

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