Management occupations

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Total Workforce

14.9M

Average Age

45.4

Average Salary

$97,152

Average Male Salary

$112,747

Average Female Salary

$75,449

About

Management occupations are most often employed by the Construction industry. The average yearly wage for Management occupations was $97,152 in 2016. The top 3 most similar occupations to Management occupations by wage are Computer & mathematical occupations, Architecture & engineering occupations, and Business & financial operations occupations.

Employment

Information on the businesses and industries that employ Management occupations and on wages and locations 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. Management occupations are paid most in Westchester County (Southeast) PUMA, NY but are relatively concentrated in Murray Hill, Gramercy & Stuyvesant Town PUMA, NY.

Wages

Yearly Wage

$97,152

AVERAGE SALARY

± $614

In 2018, Management occupations earned an average of $97,152, $43,263 more than than the average national salary of $53,888.

Legal Occupations make somewhat more than Management occupations while Computer & mathematical occupations make somewhat less. This chart shows the various occupations closest to Management occupations as measured by average annual salary in the US.

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Wage Distribution

0.431

WAGE GINI

In 2018, Management occupations had a wage GINI coefficient of 0.431, which is lower than than the national average of 0.479. In other words, wages are distributed more evenly for Management occupations (shown in red) than for the overall labor force (shown in gray).

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Wage by Location

This map shows the Public Use Microdata Areas (PUMAs) in the United States shaded by average annual wage for Management occupations.

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Spatial Concentration

This map displays which Public Use Microdata Areas (PUMAs) in the United States have a relatively high population of Management occupations.

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Industries

Most Common

The most common industries employing Management occupations, by number of employees, are Construction, Restaurants & Food Services, and Banking & related activities.

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Industries by Share

14.9M

2018 Workforce

± 89,951

-2.96%

1 YEAR GROWTH

± 0.872%

The number of people employed as Management occupations has been declining at a rate of -2.96%, from 15,365,291 people in 2017 to 14,910,291 people in 2018.

This graphic shows the share of Management occupations employed by various industries. Construction employs the largest share of Management occupations at  7.96%, followed by Restaurants & Food Services with 7.36% and Banking & related activities with 4.03%.

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Diversity

Demographic information on Management occupations in the US. The average age of male Management occupations in the workforce is 46.2 and of female Management occupations is 44.3, and the most common race/ethnicity for Management occupations is White.

Gender Composition

8.68M

MALE WORKFORCE

± 70,186

6.23M

FEMALE WORKFORCE

± 60,010

58.2% of Management occupations are Male, making them the more common gender in the occupation. This chart shows the gender breakdown of Management occupations.

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Race & Ethnicity

Most Common Race or Ethnicity of Management occupations

  1. White

  2. Black

  3. Asian

80.2% of Management occupations are White, making that the most common race or ethnicity in the occupation. Representing 7.98% of Management occupations, Black is the second most common race or ethnicity in this occupation. This chart shows the racial and ethnic breakdown of Management occupations.

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Age by Gender

46.2

AVERAGE MALE AGE

± 0.105

44.3

AVERAGE FEMALE AGE

± 0.124

The median age of Management occupations is 45.4, and Male employees are generally 1.94 years older than than their Female counterparts.

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Education

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 a relatively high number of Management occupations hold a major in Construction.

Majors

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

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Skills

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 Active Listening. The revealed comparative advantage (RCA) shows that Management occupations need more than the average amount of Systems Analysis, Management of Financial Resources, and Systems Evaluation.

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