Working Hourse C-Suite Executives

Goals

For a pitch, it is necessary to understand if IT executives and C Suite stay after hours and come in early to work.

Early Findings

Top Executives

  • The Bureau of Labor Statistics mentions that "top executives often work many hours, including evenings and weekends" but offers no statistical evidence to back that claim.
  • According to a dated article from Time, C-Suite executives work 10-11 hours per day and 6 hours in the weekend.

Chief Executive Officer

  • According to a study conducted by the Harvard Business Review, CEOs work on average 9.7 hours per weekday, 3.9 hours per day in the weekend, and 2.4 hours on vacation days.

Chief Financial Officer

  • According to this article many chief financial officers (CFO) are required to work 80 hours per week. For smaller companies this may be 40 hours per week but this would be accompanied by a lower salary.
  • According to this survey, the average CFO in the US works approximately 67% of the (waking) day. This differs per industry where a CFO in the energy industry works 76% of the (waking) day and in the service consulting industry this would be 62% of the waking day. This is mainly due to the expansion of their tasks over the past 20 years.

Summary of Findings

  • During the initial hour of research, we focused on finding statistics and the work hours of C-Suite executives.
  • We understand the C-Suite to consist of the Chief Executive Officer (CEO), the Chief Financial Officer (CFO), the Chief Information Officer (CIO), the Chief Operating Officer (COO), and the Chief Marketing Officer (CMO).
  • The accronym ITDM is, however, unclear.
  • It was not possible to find figures for the C-suite as a whole. It was possible to find figures for individual C-suite functions such as the CEO and the CFO.
  • It was not possible to determine how early C-Suite executive came to work and how late they left, but it was possible to find the average working hours per day. We noted that this differed from industry to industry.

Proposed next steps:

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