A person working in Executive and Management in Italy typically earns around 4,990 EUR per month. Salaries range from 2,490 EUR (lowest average) to 8,140 EUR (highest average, actual maximum salary is higher).
This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Executive and Management careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
|Job Title||Average Salary|
|Account Coordinator||3,540 EUR|
|Administration Manager||4,330 EUR|
|Area Manager||4,080 EUR|
|Asset Protection Associate||4,530 EUR|
|Assistant Director||4,250 EUR|
|Assistant Manager||4,530 EUR|
|Assistant Operations Manager||4,870 EUR|
|Assistant Project Manager||4,270 EUR|
|Assistant Section Head||3,580 EUR|
|Assistant to CEO||4,060 EUR|
|Assistant Vice President||4,950 EUR|
|Associate Director||4,460 EUR|
|Bid Manager||5,220 EUR|
|Branch Manager||4,830 EUR|
|Business Development Manager||5,230 EUR|
|Business Operations Associate||4,560 EUR|
|Business Operations Lead||4,730 EUR|
|Campaign Manager||4,750 EUR|
|Chairman of The Board||8,410 EUR|
|Chairman Office Manager||5,560 EUR|
|Chief Corporate Officer||6,630 EUR|
|Chief Executive Officer||8,480 EUR|
|Chief Financial Officer||8,050 EUR|
|Chief of Staff||4,160 EUR|
|Chief Operating Officer||6,020 EUR|
|Chief Risk Officer||5,440 EUR|
|Client Services Manager||5,580 EUR|
|Commercial Project Manager||4,780 EUR|
|Commodity Broker||3,620 EUR|
|Corporate Affairs Executive||5,040 EUR|
|Corporate Compliance Director||5,570 EUR|
|Corporate Director||5,880 EUR|
|Corporate Officer||4,020 EUR|
|Corporate Partnerships Officer||4,120 EUR|
|Country Manager||6,730 EUR|
|Deputy Director||6,110 EUR|
|Director of Accreditation||5,750 EUR|
|Director of Catering Services||5,200 EUR|
|Director of Client Services||5,230 EUR|
|Director of Facilities Management||4,780 EUR|
|Director of Operations||5,470 EUR|
|Director of Process Simplification||4,480 EUR|
|Director of Project Management||6,100 EUR|
|Director of Revenue Management||5,320 EUR|
|Director of Training and Development||5,670 EUR|
|Distribution Manager||6,090 EUR|
|Division Manager||4,820 EUR|
|Duty Manager||5,070 EUR|
|Engagement Manager||5,700 EUR|
|Executive Director||7,970 EUR|
|Executive Manager||6,810 EUR|
|Franchise Manager||7,160 EUR|
|General Manager||6,330 EUR|
|Global Master Data Manager||6,160 EUR|
|Head of Middle Office||5,090 EUR|
|Head of Projects||5,860 EUR|
|Head of Sustainability||4,550 EUR|
|Housing Manager||4,680 EUR|
|HSE Manager||4,780 EUR|
|Key Account Manager||4,780 EUR|
|Knowledge Manager||5,580 EUR|
|Location Manager||5,330 EUR|
|Logistics Manager||4,380 EUR|
|Management Consultant||4,320 EUR|
|Management Executive||6,140 EUR|
|Managing Director||6,580 EUR|
|MIS Executive||5,880 EUR|
|Ocean Services Manager||5,740 EUR|
|Operations Assistant||4,000 EUR|
|Operations Director||6,280 EUR|
|Operations Executive||6,000 EUR|
|Operations Manager||6,030 EUR|
|Operations Supervisor||5,210 EUR|
|Policy Administration Executive||4,950 EUR|
|Private Sector Executive||4,920 EUR|
|Product Development Manager||5,540 EUR|
|Product Executive||5,000 EUR|
|Production Executive||5,590 EUR|
|Production Manager||5,650 EUR|
|Production Supervisor||4,900 EUR|
|Program Manager||5,890 EUR|
|Programme Coordinator||4,200 EUR|
|Project Control Manager||5,770 EUR|
|Project Coordinator||3,520 EUR|
|Project Management Officer||4,070 EUR|
|Project Manager||4,180 EUR|
|Project Portfolio Manager||4,620 EUR|
|Quality Manager||4,530 EUR|
|R/D Director||4,890 EUR|
|Regional Director||7,740 EUR|
|Regional Manager||5,640 EUR|
|Relationship Manager||5,610 EUR|
|Retail District Manager||4,010 EUR|
|Revenue Manager||4,660 EUR|
|Risk and Capital Manager||6,180 EUR|
|Risk Officer||4,160 EUR|
|Safety Manager||4,240 EUR|
|Section Head||4,290 EUR|
|Service Manager||4,680 EUR|
|Shift Supervisor||3,370 EUR|
|Solutions Manager||4,130 EUR|
|Supply Chain Manager||5,960 EUR|
|Technical Manager||5,370 EUR|
|Territory Manager||5,500 EUR|
|Validation Manager||4,740 EUR|
|Vice President||6,900 EUR|
|Zone Manager||5,980 EUR|
Executive and Management salaries in Italy range from 2,490 EUR per month (minimum average salary) to 8,140 EUR per month (maximum average salary, actual maximum is higher).
The median salary is 5,390 EUR per month, which means that half (50%) of people working in Executive and Management are earning less than 5,390 EUR while the other half are earning more than 5,390 EUR. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of people working in Executive and Management are earning less than 3,550 EUR while 75% of them are earning more than 3,550 EUR. Also from the diagram, 75% of people working in Executive and Management are earning less than 7,310 EUR while 25% are earning more than 7,310 EUR.
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning 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
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 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.
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 degrees levels across many jobs, 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 cerificate 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.
A Master's degree program or any post-graduate program in Italy costs anywhere from 18,400 Euro(s) to 55,200 Euro(s) and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you 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 into 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 your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees earn 9% more than their female counterparts.
Executive and Management professionals in Italy are likely to observe a salary increase of approximately 11% every 14 months. The national average annual increment for all professions combined is 8% granted to employees every 17 months.
The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely 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.
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
Listed above are the average annual increase rates for each industry in Italy for the year 2019. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.
Executive and Management is considered to be a high bonus-based field due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.
17% of surveyed staff in Executive and Management reported that they haven't received any bonuses or incentives in the previous year while 83% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.
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.
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.
The main two types of jobs
|Revenue Generators||Supporting 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.
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.
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.
Where can you get paid more, working for a private company or for the government? Public sector employees in Italy earn 5% more than their private sector counterparts.
|Average Salary 2016|
|Average Salary 2017||+4%|
|Average Salary 2018||+4%|
|Average Salary 2019||+4%|
Executive and Management salaries in Italy are rising in the year 2020 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 4% higher than those of 2018. The trend suggests a slow yet continuous increase in pay in 2021 and future years. These numbers may vary from industry to another.
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 fix 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.
The average salary for Executive and Management is 36% more than that of All Jobs.