HOME BROWSE SALARIES ARTICLES BEST PAYING JOBS
Browse Salaries
Best Paying Jobs
Articles
Salary Increase Letters

Executive and Management Average Salaries in Lithuania 2023

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


Average Monthly Salary
4,430 LTL
( 53,200 LTL yearly)

LOW
1,460
LTL
AVERAGE
4,430
LTL
HIGH
7,310
LTL
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 Lithuania typically earns around 4,430 LTL. Salaries range from 1,460 LTL (lowest average) to 7,310 LTL (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 Lithuania 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
Account Coordinator3,080 LTL
Administration Manager3,760 LTL
Area Manager3,540 LTL
Asset Protection Associate4,040 LTL
Assistant Director3,720 LTL
Assistant Manager4,050 LTL
Assistant Operations Manager4,350 LTL
Assistant Project Manager3,750 LTL
Assistant Section Head3,270 LTL
Assistant to CEO3,690 LTL
Assistant Vice President4,020 LTL
Associate Director4,120 LTL
Bid Manager4,340 LTL
Branch Manager4,470 LTL
Business Development Manager4,970 LTL
Business Operations Associate3,800 LTL
Business Operations Lead4,020 LTL
Campaign Manager4,340 LTL
Chairman of The Board7,450 LTL
Chairman Office Manager5,010 LTL
Chief Corporate Officer5,810 LTL
Chief Executive Officer7,250 LTL
Chief Financial Officer6,860 LTL
Chief of Staff3,520 LTL
Chief Operating Officer5,570 LTL
Chief Risk Officer4,750 LTL
Client Services Manager4,940 LTL
Commercial Project Manager3,900 LTL
Commodity Broker3,140 LTL
Corporate Affairs Executive4,570 LTL
Corporate Compliance Director4,940 LTL
Corporate Director5,320 LTL
Corporate Officer3,630 LTL
Corporate Partnerships Officer3,440 LTL
Country Manager5,960 LTL
Deputy Director5,090 LTL
Director5,540 LTL
Director of Accreditation4,890 LTL
Director of Catering Services4,500 LTL
Director of Client Services4,690 LTL
Director of Facilities Management4,220 LTL
Director of Operations4,890 LTL
Director of Process Simplification3,810 LTL
Director of Project Management5,180 LTL
Director of Revenue Management4,790 LTL
Director of Training and Development4,710 LTL
Distribution Manager5,160 LTL
Division Manager4,310 LTL
Duty Manager4,390 LTL
Engagement Manager5,430 LTL
Executive Director7,600 LTL
Executive Manager6,070 LTL
Franchise Manager6,620 LTL
General Manager5,570 LTL
Global Master Data Manager5,110 LTL
Head of Middle Office4,660 LTL
Head of Projects4,970 LTL
Head of Sustainability4,170 LTL
Housing Manager3,900 LTL
HSE Manager4,150 LTL
Key Account Manager4,070 LTL
Knowledge Manager4,650 LTL
Location Manager4,640 LTL
Logistics Manager3,900 LTL
Management Consultant3,870 LTL
Management Executive5,240 LTL
Manager4,830 LTL
Managing Director6,010 LTL
MIS Executive5,190 LTL
Ocean Services Manager5,240 LTL
Operations Assistant3,570 LTL
Operations Director5,820 LTL
Operations Executive5,470 LTL
Operations Manager5,530 LTL
Operations Supervisor4,450 LTL
Policy Administration Executive4,210 LTL
Private Sector Executive4,390 LTL
Product Development Manager5,050 LTL
Product Executive4,170 LTL
Production Executive4,790 LTL
Production Manager5,130 LTL
Production Supervisor4,260 LTL
Program Manager5,030 LTL
Programme Coordinator3,420 LTL
Project Control Manager5,360 LTL
Project Coordinator3,130 LTL
Project Management Officer3,610 LTL
Project Manager3,650 LTL
Project Portfolio Manager4,170 LTL
Quality Manager4,030 LTL
R/D Director4,650 LTL
Regional Director7,030 LTL
Regional Manager5,160 LTL
Relationship Manager5,190 LTL
Retail District Manager3,490 LTL
Revenue Manager4,110 LTL
Risk and Capital Manager5,430 LTL
Risk Officer3,720 LTL
Safety Manager3,850 LTL
Section Head3,900 LTL
Service Manager4,140 LTL
Shift Supervisor3,080 LTL
Solutions Manager3,440 LTL
Supervisor2,990 LTL
Supply Chain Manager5,510 LTL
Surveyor3,350 LTL
Technical Manager4,690 LTL
Territory Manager4,710 LTL
Validation Manager4,310 LTL
Vice President6,010 LTL
Zone Manager5,300 LTL

Executive and Management Jobs Pay Scale and Salaries in Lithuania

Median and salary distribution Lithuania Executive and Management monthly
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/lithuania/executive-and-management/median-and-salary-distribution-monthly-lithuania-executive-and-management.jpg

Salary Structure and Pay Scale Comparison

5% of people earn
3,840 LTL or more
10% of people earn
3,250 to 3,840 LTL
20% of people earn
1,950 LTL or less
65% of people earn
1,950 to 3,250 LTL
Minimum Salary
1,460 LTL
Median
4,020 LTL
Maximum
7,310 LTL


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 Lithuania range from 1,460 LTL (starting average salary) to 7,310 LTL (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 4,020 LTL, implying that half of the workforce in Lithuania 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 Lithuania earn less than 3,040 LTL, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 4,760 LTL, 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 Lithuania. The analysis revealed that roughly 65% of all reported salaries fell within the range of 1,950 LTL to 3,250 LTL. Approximately 20% of salaries were below the 1,950 LTL mark, while 10% ranged from 3,250 LTL to 3,840 LTL. Only 5% of individuals earned a gross salary of 3,840 LTL or higher.

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg

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 Lithuania 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
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg

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 Lithuania, 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 Lithuania costs anywhere from 16,400 LTL to 49,100 LTL 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 / Lithuania

Salary comparison by gender Lithuania Executive and Management monthly
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/lithuania/executive-and-management/salary-comparison-by-gender-monthly-lithuania-executive-and-management.jpg

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 Lithuania, the average difference between the salary of male and female employees is 6%.

Male
4,540 LTL
Female-5%
4,300 LTL
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Lithuania for all Careers

Salary comparison by gender monthly Lithuania
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/lithuania/salary-comparison-by-gender-monthly-lithuania.jpg

Average Annual Salary Increment Percentage / Executive and Management / Lithuania

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

Professionals working in Executive and Management in Lithuania are likely to observe a salary increase of approximately 11% every 15 months. The national average annual increment for all professions combined is 8% granted to employees every 18 months.

Annual Salary Increment Rate Lithuania Executive and Management
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/lithuania/executive-and-management/annual-salary-increment-rate-lithuania-executive-and-management.jpg


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.

Lithuania / All Professions

Annual Salary Increment Rate Lithuania
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/lithuania/annual-salary-increment-rate-lithuania.jpg

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 Lithuania is 5%.

Annual Increment Rate By Industry 2022

Banking
7%
Energy
5%
Information Technology
3%
Healthcare
1%
Travel
8%
Construction
6%
Education
4%

Listed above are the average annual increase rates for each industry in Lithuania for the year 2022. 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.


Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-increment-world.jpg

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 / Lithuania

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Lithuania Executive and Management
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/lithuania/executive-and-management/annual-salary-bonus-rate-lithuania-executive-and-management.jpg

24% of surveyed staff in Executive and Management reported that they haven't received any bonuses or incentives in the previous year while 76% 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.

Received Bonus
76%
No Bonus
24%

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.

Salary Forecast and Trend / Executive and Management / Lithuania

How are salaries changing over time? Listed below is a chart that shows the average salary in recent years.

Average Salary 2019
3,930 LTL
Average Salary 2020+4%
4,080 LTL
Average Salary 2021+3%
4,190 LTL
Average Salary 2022+2%
4,270 LTL
Percentage increase and decrease are relative to the previous value

Salaries for individuals working in Executive and Management in Lithuania are rising in the year 2023 based on recently submitted salaries and reports. The trend suggests a slow yet continuous increase in pay in 2024 and future years. These numbers may vary from one industry to another.

Salary trends and forecast monthly Lithuania Executive and Management
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/lithuania/executive-and-management/salary-trends-and-forecast-monthly-lithuania-executive-and-management.jpg

Hourly Average Wage / Executive and Management / Lithuania


26 LTL per hour

The average hourly wage (pay per hour) in Executive and Management in Lithuania is 26 LTL.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 Lithuania is 8 LTL. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Executive and Management VS Other Jobs

4,430 LTL
3,270 LTL
Average Salary
Executive and Management
Average Salary
All Jobs
Salary Comparison Between Executive and Management and Executive and Management monthly Lithuania
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/lithuania/executive-and-management/salary-comparison-between-executive-and-management-and-executive-and-management-monthly-lithuania.jpg

Salary Comparison By City

CityAverage Salary
Vilnius5,090 LTL

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 Lithuania is 7% on average across all career fields.

Private Sector
3,190 LTL
Public Sector+7%
3,410 LTL
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 Lithuania?

A good and competitive compensation would range anywhere between 4,020 LTL and 4,760 LTL. 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 Lithuania ranges from 3,040 LTL to 4,760 LTL. 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


Browse Salaries

Salary Increase Letters

Best Paying Jobs
Home BROWSE SALARIES ARTICLES BEST PAYING JOBS Salary Comparison Arabic

©Salary Explorer 2023