Management occupations

Broad Occupation

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2020 Workforce

15.2M

Average Age

45.4

Average Salary

$100,551

Average Male Salary

$116,162

Average Female Salary

$78,953

About

Management occupations are most often employed by the Construction industry. The average yearly wage for Management occupations was $100,551 in 2020.

The locations that employ the most Management occupations are Upper East Side PUMA, NY, Newport Beach, Aliso Viejo & Laguna Hills Cities PUMA, CA, and District of Columbia (Central) PUMA, DC. The locations with a relatively high concentration of Management occupations are San Ramon City & Danville Town PUMA, CA, San Rafael (South), Mill Valley & Sausalito Cities PUMA, CA, and Upper East Side PUMA, NY.

Photo by Roman Kruglov

Management, business, & financial occupations Management, business, science, & arts occupations

Employment and salary information for the Management occupations workforce. Management occupations workforce in 2020 was 15,236,380 people, of which 42% were women and 58% were men. Management occupations are paid most in Fairfield, New Canaan, Wilton, Weston & Easton Towns PUMA, CT but are relatively concentrated in San Ramon City & Danville Town PUMA, CA.

Employment Over Time

Metric

Grouping

8,843,960

Male Workforce

± 70.8k

6,392,420

Female Workforce

± 60.7k

The Management occupations workforce in 2020 was 15,236,380 people (42% women and 58% men). This implies an average annual growth of 16.8% between 2014 (13,039,794) and 2020 (15,236,380).

Employment by Location

Level

Metric

This map shows the states in the United States shaded by average wage for Management occupations.

During 2020, the states that concentrated the best average annual wage were Connecticut ($133,621), New Jersey ($127,236), and District of Columbia ($124,973).

Yearly Wage Ranking

$100,551

AVERAGE WAGE

#2 in the ranking (2020)

$55,954

NATIONAL AVERAGE WAGE

For all occupations across the US

In 2020, Management occupations earned an average of $100,551, $44,597 more than the average national salary of $55,954

The graph shows the ranking of Management occupations in relation to all Broad Occupation in 2020.

Wage Distribution

Gender

0.427

WAGE GINI

In 2020, Management occupations had a wage GINI coefficient of 0.427, which is lower than the national average of 0.478. In other words, wages are distributed more evenly for Management occupations (shown in red) than for the overall labor force (shown in gray).

The graphic shows the distribution of average salaries by buckets for Management occupations compared to the entire workforce in the country.

Industry

Information on the industries that employ Management occupations and on wages for those in the field. Construction is the industry that employs the most Management occupations, both by share and by number, though the highest paid industry for Management occupations, by average wage, is Internet publishing, broadcasting & web search portals ($204,192).

Occupations by Industries

Metric

Value

15.2M

2020 Workforce

± 90,774

3.01%

1 YEAR GROWTH

± 0.825%

This graphic shows the share of Management occupations employed by various industries. Construction employs the largest share of Management occupations at 42.2%, followed by Restaurants & Food Services with 37% and Banking & related activities with 20.8%.

Diversity

Demographic information on Management occupations in the US. The workforce of Management occupations in 2020 was 15,236,380 people, with 42% woman, and 58% men. The average age of male Management occupations in the workforce is 46.2 and of female Management occupations is 44.2, and the most common race/ethnicity for Management occupations is White.

Gender and Age

Metric

The workforce of Management occupations in 2020 was 15,236,380 people, with 42% woman, and 58% men.

The age ranges that concentrated the largest workforce were 45 to 49 years (2,012,456 people), 50 to 54 years (1,981,762 people), and 40 to 44 years (1,903,899 people). Among them they concentrated 38.7% of the total workforce.

Ethnicity

Gender

In 2020, 11% of Management occupations workers were Hispanic and 89% non-Hispanic.

The treemap shows the distribution of Hispanic workers according to their origin, highlighting Mexican (76.1%), Puerto Rican (15.6)%, and Cuban (8.34)%

You can review this information by gender using the selectors above.

Races

In 2020, 79% of the Management occupations workforce were White, of which 40.5% were women and 59.5% men. Other races that concentrated a significant number of workers were Black (7.87%) and Asian (6.17%).

Education & Skills

Data on higher education choices for Management occupations from The Department of Education and Census Bureau. The most common major for Management occupations is Business but the most specialized major according to RCA in 2020 were Construction.

Among the necessary skills for Management occupations, Critical Thinking stands, but the revealed comparative advantage (RCA) shows that Management occupations need more than the average amount of Management of Financial Resources.

Majors

ACS PUMS data only shows the major for bachelor's degrees. However, we can filter the data based on highest degree obtained.

Type of Majors

Degree

The most common majors achieved by Management occupations in 2020 (counting all academic degrees) were Business (2,680,817 people), Engineering (878,028 people), and Social Sciences (747,222 people).

You can review this information for different academic grades by modifying the option selected in the selector above.

Education Levels

Metric

The main educational levels achieved by the Management occupations workers were Bachelors Degree (5,445,340 people), Graduate Degree (3,339,139 people), and Some college (2,783,361 people).

The graphic shows the Management occupations workforce by gender and educational level.

Skills

Chart

Value

Data on the critical and distinctive skills necessary for Management occupations from the Bureau of Labor Statistics. Management occupations need many skills, but most especially Critical Thinking, Reading Comprehension, Speaking.