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Executive and Management Average Salaries in Hungary 2024

How much money does a person working in Executive and Management make in Hungary?


Average Monthly Salary
673,000 HUF
( 8,080,000 HUF yearly)

LOW
220,000
HUF
AVERAGE
673,000
HUF
HIGH
1,100,000
HUF
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working in Executive and Management in Hungary typically earns around 673,000 HUF. Salaries range from 220,000 HUF (lowest average) to 1,100,000 HUF (highest average, actual maximum salary is higher).


Salary Variance

The provided figure represents the median compensation that encompasses housing, transportation, and other perks. The salaries within the Executive and Management domain in Hungary exhibit significant discrepancies across various professions. In case you seek information about the remuneration of a specific position, please refer to the salaries listed below for respective job titles.

Salaries for specific jobs

Job TitleAverage Salary
Executive and Management
Account Coordinator425,000 HUF
Account Director519,000 HUF
Account Executive545,000 HUF
Account Manager498,000 HUF
Administration Manager527,000 HUF
Administration Officer281,000 HUF
Administration Supervisor438,000 HUF
Administrative Clerk205,000 HUF
Administrative Officer210,000 HUF
Area Director511,000 HUF
Area Manager500,000 HUF
Asset Protection Associate560,000 HUF
Assistant Director558,000 HUF
Assistant General Manager572,000 HUF
Assistant Manager557,000 HUF
Assistant Managing Director625,000 HUF
Assistant Operations Manager636,000 HUF
Assistant Project Manager530,000 HUF
Assistant Section Head438,000 HUF
Assistant to CEO526,000 HUF
Assistant Vice President602,000 HUF
Associate Account Director526,000 HUF
Associate Director573,000 HUF
Bid Manager623,000 HUF
Branch Manager621,000 HUF
Business Development Manager688,000 HUF
Business Operations Associate570,000 HUF
Business Operations Lead587,000 HUF
Campaign Manager609,000 HUF
Catering Coordinator326,000 HUF
Catering Manager541,000 HUF
CEO1,010,000 HUF
Chairman of The Board1,070,000 HUF
Chairman Office Manager699,000 HUF
Chief Commercial Officer780,000 HUF
Chief Corporate Officer866,000 HUF
Chief Digital Officer720,000 HUF
Chief Digital Strategy Officer733,000 HUF
Chief Digital Transformation Officer683,000 HUF
Chief Ethics Officer619,000 HUF
Chief Executive Officer1,080,000 HUF
Chief Financial Officer1,000,000 HUF
Chief Investment Officer743,000 HUF
Chief of Staff496,000 HUF
Chief Operating Officer811,000 HUF
Chief Privacy Officer638,000 HUF
Chief Resilience Officer802,000 HUF
Chief Risk Officer686,000 HUF
Chief Strategy Officer892,000 HUF
Chief Trust and Safety Officer679,000 HUF
Client Account Manager629,000 HUF
Client Accounts Officer529,000 HUF
Client Services Manager706,000 HUF
Commercial Director678,000 HUF
Commercial Manager615,000 HUF
Commercial Project Manager548,000 HUF
Commodity Broker421,000 HUF
COO754,000 HUF
Corporate Affairs Executive594,000 HUF
Corporate Compliance Director702,000 HUF
Corporate Director736,000 HUF
Corporate Officer503,000 HUF
Corporate Partnerships Officer482,000 HUF
Country Manager853,000 HUF
Department Head653,000 HUF
Department Manager652,000 HUF
Department Supervisor562,000 HUF
Deputy Director759,000 HUF
Deputy Manager747,000 HUF
Director817,000 HUF
Director of Accreditation709,000 HUF
Director of Catering Services637,000 HUF
Director of Client Services675,000 HUF
Director of Facilities Management582,000 HUF
Director of Operations709,000 HUF
Director of Process Simplification575,000 HUF
Director of Product Management721,000 HUF
Director of Project Management757,000 HUF
Director of Revenue Management669,000 HUF
Director of Training and Development680,000 HUF
Distribution Manager726,000 HUF
Division Manager626,000 HUF
Duty Manager597,000 HUF
Engagement Manager711,000 HUF
Executive Director1,040,000 HUF
Executive Manager848,000 HUF
Franchise Manager880,000 HUF
General Manager823,000 HUF
Generational Consultant538,000 HUF
Global Master Data Manager739,000 HUF
Global Technical Lead488,000 HUF
Head of Investment715,000 HUF
Head of Middle Office679,000 HUF
Head of Projects727,000 HUF
Head of Strategy814,000 HUF
Head of Supply Chain662,000 HUF
Head of Sustainability607,000 HUF
Housing Manager559,000 HUF
HSE Manager556,000 HUF
Innovation Manager596,000 HUF
Key Account Manager587,000 HUF
Knowledge Manager698,000 HUF
Location Manager645,000 HUF
Logistics Executive532,000 HUF
Logistics Manager549,000 HUF
Management Consultant558,000 HUF
Management Executive789,000 HUF
Manager722,000 HUF
Managing Director843,000 HUF
MIS Executive683,000 HUF
Ocean Services Manager701,000 HUF
Online Business Manager1,020,000 HUF
Operational Manager757,000 HUF
Operations Analyst628,000 HUF
Operations Assistant519,000 HUF
Operations Director808,000 HUF
Operations Executive773,000 HUF
Operations Manager805,000 HUF
Operations Supervisor631,000 HUF
Planning Director742,000 HUF
PMO Manager643,000 HUF
Policy Administration Executive583,000 HUF
Private Sector Executive642,000 HUF
Product Development Manager714,000 HUF
Product Executive617,000 HUF
Production Executive706,000 HUF
Production Manager731,000 HUF
Production Supervisor597,000 HUF
Program Director707,000 HUF
Program Manager753,000 HUF
Programme Coordinator481,000 HUF
Project Control Manager700,000 HUF
Project Coordinator444,000 HUF
Project Management Officer489,000 HUF
Project Manager524,000 HUF
Project Portfolio Manager551,000 HUF
Quality Manager564,000 HUF
R/D Director614,000 HUF
Regional Director957,000 HUF
Regional Manager757,000 HUF
Relationship Manager689,000 HUF
Retail District Manager482,000 HUF
Revenue Manager541,000 HUF
Risk and Capital Manager766,000 HUF
Risk Officer512,000 HUF
Safety Manager500,000 HUF
Section Head556,000 HUF
Service Manager570,000 HUF
Shift Supervisor452,000 HUF
Solutions Manager516,000 HUF
Supervisor427,000 HUF
Supply Chain Manager766,000 HUF
Surveyor473,000 HUF
Technical Director659,000 HUF
Technical Manager641,000 HUF
Territory Manager694,000 HUF
Validation Manager582,000 HUF
Vice President836,000 HUF
Zone Manager719,000 HUF


Executive and Management Jobs Pay Scale and Salaries in Hungary

Median and salary distribution Hungary Executive and Management monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
561,000 HUF or more
10% of people earn
474,000 to 561,000 HUF
20% of people earn
285,000 HUF or less
65% of people earn
285,000 to 474,000 HUF
Minimum Salary
220,000
HUF
Median
593,000
HUF
Maximum
1,100,000
HUF




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries in Executive and Management in Hungary range from 220,000 HUF (starting average salary) to 1,100,000 HUF (maximum average salary, actual maximum is higher). To clarify, the number presented is not the legally mandated minimum wage. Rather, it represents the lowest figure reported in a salary survey that involved thousands of participants and professionals from across the entire country.

  • Median Salary

    The median income in the field of Executive and Management is 593,000 HUF, implying that half of the workforce in Hungary earns less than this figure, and the other half earns more. It represents the central value of salaries. As a rule of thumb, you would prefer to be part of the group earning above the median wage, situated on the right-hand side of the salary distribution chart.

  • Percentiles and Salary Scale

    Two values that are highly correlated with the median are the 25th and 75th percentiles. By examining the salary distribution diagram, it is possible to determine that 25% of individuals employed in Executive and Management in Hungary earn less than 447,000 HUF, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 702,000 HUF, while 25% earn more than that.

  • Pay Scale Structure

    Data was regrouped into brackets to provide a better understanding of what salaries can be expected. This approach was deemed more accurate than relying solely on the average salary, as it offers greater insights into the distribution of salaries in the field of Executive and Management in Hungary. The analysis revealed that roughly 65% of all reported salaries fell within the range of 285,000 HUF to 474,000 HUF. Approximately 20% of salaries were below the 285,000 HUF mark, while 10% ranged from 474,000 HUF to 561,000 HUF. Only 5% of individuals earned a gross salary of 561,000 HUF or higher.

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage.

Generally speaking, employees in Executive and Management in Hungary having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.

As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.


Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.
On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.


Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income?

We compared the salaries of professionals at the same level but with different college degree levels across many jobs in Executive and Management in Hungary, below are our findings.

Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.

Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a certificate or diploma.

Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.

Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.


Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Hungary costs anywhere from 2,470,000 HUF to 7,420,000 HUF and lasts approximately two years. That is quite an investment.

Employees can't expect any salary increases during the study period, assuming they already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on the situation and experience among many other factors. Putting all variables aside, if a person can afford the costs of higher education then the return on investment is definitely worth it. Degree costs can be recovered roughly in a year or so.



Salary and Compensation Comparison By Gender / Executive and Management / Hungary

Salary comparison by gender Hungary Executive and Management monthly
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? In the field of Executive and Management in Hungary, the average difference between the salary of male and female employees is 7%.

Male
699,000 HUF
Female-6%
654,000 HUF
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Hungary for all Careers

Salary comparison by gender monthly Hungary
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Average Annual Salary Increment Percentage / Executive and Management / Hungary

How much are annual salary increments in Hungary for individuals working in Executive and Management? How often do employees get salary raises?

Professionals working in Executive and Management in Hungary are likely to observe a salary increase of approximately 12% every 14 months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.

Annual Salary Increment Rate Hungary Executive and Management
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Hungary / All Professions

Annual Salary Increment Rate Hungary
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in Hungary is 6%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.

Bonus and Incentive Rates / Executive and Management / Hungary

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Hungary Executive and Management
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26% of surveyed staff in Executive and Management reported that they haven't received any bonuses or incentives in the previous year while 74% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 6% to 8% of their annual salary.

Received Bonus
74%
No Bonus
26%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Hourly Average Wage / Executive and Management / Hungary


3,880 HUF per hour

The average hourly wage (pay per hour) in Executive and Management in Hungary is 3,880 HUF.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working in Executive and Management in Hungary is 1,270 HUF. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary Comparison By City

CityAverage Salary
Budapest683,000 HUF
Debrecen640,000 HUF

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Hungary is 9% on average across all career fields.

Private Sector
476,000 HUF
Public Sector+9%
518,000 HUF
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary in Executive and Management in Hungary?

A good and competitive compensation would range anywhere between 593,000 HUF and 702,000 HUF. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for jobs in Executive and Management in Hungary ranges from 220,000 HUF to 447,000 HUF. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary


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