
An official website of the United States government
Management of Companies and Enterprises: NAICS 55On This PageAbout the Management of Companies and Enterprises sectorThe management of companies and enterprises sector is part of the professional and business services supersector. The Management of Companies and Enterprises sector comprises (1) establishments that hold the securities of (or other equity interests in) companies and enterprises for the purpose of owning a controlling interest or influencing management decisions or (2) establishments (except government establishments) that administer, oversee, and manage establishments of the company or enterprise and that normally undertake the strategic or organizational planning and decision making role of the company or enterprise. Establishments that administer, oversee, and manage may hold the securities of the company or enterprise. Establishments in this sector perform essential activities that are often undertaken, in-house, by establishments in many sectors of the economy. By consolidating the performance of these activities of the enterprise at one establishment, economies of scale are achieved. North American Industry Classification System The management of companies and enterprises sector consists of a single subsector, Management of Companies and Enterprises: NAICS 551. Data published under either the sector or subsector classification are included in the tables below. The subsector consists of a single industry group, Management of Companies and Enterprises: NAICS 5511. Workforce StatisticsThis section provides information relating to employment in management of companies and enterprises. These data are obtained from employer or establishment surveys. The following tables present an overview of the industry including the number of jobs, data for occupations common to the industry, and projections of occupational employment change. Employment
(Source: Current Employment Statistics) Employment by Occupation
(Source: Occupational Employment and Wage Statistics) ProjectionsFor projected (future) employment estimates, see the National Employment Matrix, which includes employment estimates by industry and occupation for management of companies and enterprises. (Source: Office of Occupational Statistics and Employment Projections) Earnings and HoursThis section presents data on employee earnings and weekly hours. The latest industry averages of hourly earnings and weekly hours are shown. In addition, recent hourly and annual earnings are shown for occupations commonly found in management of companies and enterprises. Earnings and Hours of All Employees
(Source: Current Employment Statistics) Earnings and Hours of Production and Nonsupervisory Employees
(Source: Current Employment Statistics) Earnings by Occupation
(Source: Occupational Employment and Wage Statistics) Work-related Fatalities, Injuries, and IllnessesThis section presents data for the industry on the number of workplace fatalities and the rates of workplace injuries and illnesses per 100 full-time workers in management of companies and enterprises. An injury or illness is considered to be work-related if an event or exposure in the work environment either caused or contributed to the resulting condition or significantly aggravated a pre-existing condition.
(Source: Injuries, Illnesses, and Fatalities) Workplace TrendsThis section presents data on the number of establishments in management of companies and enterprises. Establishments
(Source: Quarterly Census of Employment and Wages)
Data extracted on: May 13, 2022 |