Bangalore: You must be thinking that all managerial positions are glamorous as the managers get good salary, a separate cabin in the office; they are the ones who are also given more respect by the other staffs. However, you must know the fact that all managerial positions are not so alluring or high paying. In reality, some managers earn less than $15,000 a year, reveals Bureau of Labor Statistics‘Occupational Employment and Wage Estimates, reports, Jacquelyn Smith of Forbes.

Demonstrating the 2010 salary and employment data, the BLS survey calculates annual compensation by multiplying an hourly mean wage by a “year-round, full-time” 2,080 hours. The results highlight the fact that chief executives of the company are not-too-astonishingly the highest earning managers, as they earn an average annual pay of $173,350. But, some executives of big companies also take home a good pay. According to the report, during 2010 the highest paid CEO in the U.S., UnitedHealth Group’s Stephen Hemsley, procured $102 million. The second-highest paid CEO, Qwest Communications’ Edward Mueller, earned $66 million in pay, stock and bonus. 

Listed below are the best and the worst paying management jobs:

1. Chief Executives: The chief executive officer is the one who resolve and formulates policies and business strategies and provides overall direction to the organization. He is the one who is responsible for the success and the failure of a business. The average annual pay of chief executives is $173,350. Employees in this field are 273, 500.