Management of companies and enterprises has top pay
October 09, 2002
The highest average annual pay for 2001 was in the management of companies and enterprises industry—$69,069. Workers within management of companies and enterprises received pay that was 91 percent greater than the national average for all private sector workers in 2001.
The next highest pay level was in utilities ($65,582), which was 81 percent higher than the average pay for all private industry workers. The lowest pay level in 2001 occurred in accommodation and food services ($13,669). The pay level of workers in this industry was 62 percent below the national average for all private industry workers.
The BLS Quarterly Census of Employment and Wages program produced these data. Pay data presented here are for all workers covered by State and Federal unemployment insurance programs. Data for 2001 are preliminary and subject to revision. Find more information on pay in 2001 in "Average Annual Pay By State and Industry, 2001," news release USDL 02-540.
Note: These data are based on the North American Industry Classification System (NAICS). The NAICS-based industry data for 2001 from the Quarterly Census of Employment and Wages program are not comparable to the Standard Industrial Classification (SIC)-based data for earlier years. The management of companies and enterprises industry is generally made up of establishments that are headquarters and managing offices for firms with operations in another industry or industries. For more information, see https://www.bls.gov/cew/cewnaics.htm.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Management of companies and enterprises has top pay on the Internet at https://www.bls.gov/opub/ted/2002/oct/wk1/art03.htm (visited June 01, 2020).
Recent editions of Spotlight on Statistics
- Meal Appeal: Patterns of Expenditures on Food away from Home
Examines spending on food away from home, such as meals or snacks from restaurants, vending machines, employer cafeterias, or other venues.
- Job Flexibilities and Work Schedules in 2017–18
Examines data on job flexibilities, such as working at home, flexible schedules, and shift work.
- Labor Market Activity of Blacks in the United States
Examines data on the labor market and related topics for the Black or African American population.
- Workers’ Access to and Use of Leave from Their Jobs in 2017–18
Examines the reasons for which workers can take leave, their use of leave, and the reasons they did not take available leave even when they needed to.