Executive and Management Average Salaries in Lithuania 2023
How much money does a person working in Executive and Management make in Lithuania?
LOW
1,460
LTL AVERAGE
4,430
LTL HIGH
7,310
LTL
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 Title | Average Salary |
| Account Coordinator | 3,080 LTL |
| Administration Manager | 3,760 LTL |
| Area Manager | 3,540 LTL |
| Asset Protection Associate | 4,040 LTL |
| Assistant Director | 3,720 LTL |
| Assistant Manager | 4,050 LTL |
| Assistant Operations Manager | 4,350 LTL |
| Assistant Project Manager | 3,750 LTL |
| Assistant Section Head | 3,270 LTL |
| Assistant to CEO | 3,690 LTL |
| Assistant Vice President | 4,020 LTL |
| Associate Director | 4,120 LTL |
| Bid Manager | 4,340 LTL |
| Branch Manager | 4,470 LTL |
| Business Development Manager | 4,970 LTL |
| Business Operations Associate | 3,800 LTL |
| Business Operations Lead | 4,020 LTL |
| Campaign Manager | 4,340 LTL |
| Chairman of The Board | 7,450 LTL |
| Chairman Office Manager | 5,010 LTL |
| Chief Corporate Officer | 5,810 LTL |
| Chief Executive Officer | 7,250 LTL |
| Chief Financial Officer | 6,860 LTL |
| Chief of Staff | 3,520 LTL |
| Chief Operating Officer | 5,570 LTL |
| Chief Risk Officer | 4,750 LTL |
| Client Services Manager | 4,940 LTL |
| Commercial Project Manager | 3,900 LTL |
| Commodity Broker | 3,140 LTL |
| Corporate Affairs Executive | 4,570 LTL |
| Corporate Compliance Director | 4,940 LTL |
| Corporate Director | 5,320 LTL |
| Corporate Officer | 3,630 LTL |
| Corporate Partnerships Officer | 3,440 LTL |
| Country Manager | 5,960 LTL |
| Deputy Director | 5,090 LTL |
| Director | 5,540 LTL |
| Director of Accreditation | 4,890 LTL |
| Director of Catering Services | 4,500 LTL |
| Director of Client Services | 4,690 LTL |
| Director of Facilities Management | 4,220 LTL |
| Director of Operations | 4,890 LTL |
| Director of Process Simplification | 3,810 LTL |
| Director of Project Management | 5,180 LTL |
| Director of Revenue Management | 4,790 LTL |
| Director of Training and Development | 4,710 LTL |
| Distribution Manager | 5,160 LTL |
| Division Manager | 4,310 LTL |
| Duty Manager | 4,390 LTL |
| Engagement Manager | 5,430 LTL |
| Executive Director | 7,600 LTL |
| Executive Manager | 6,070 LTL |
| Franchise Manager | 6,620 LTL |
| General Manager | 5,570 LTL |
| Global Master Data Manager | 5,110 LTL |
| Head of Middle Office | 4,660 LTL |
| Head of Projects | 4,970 LTL |
| Head of Sustainability | 4,170 LTL |
| Housing Manager | 3,900 LTL |
| HSE Manager | 4,150 LTL |
| Key Account Manager | 4,070 LTL |
| Knowledge Manager | 4,650 LTL |
| Location Manager | 4,640 LTL |
| Logistics Manager | 3,900 LTL |
| Management Consultant | 3,870 LTL |
| Management Executive | 5,240 LTL |
| Manager | 4,830 LTL |
| Managing Director | 6,010 LTL |
| MIS Executive | 5,190 LTL |
| Ocean Services Manager | 5,240 LTL |
| Operations Assistant | 3,570 LTL |
| Operations Director | 5,820 LTL |
| Operations Executive | 5,470 LTL |
| Operations Manager | 5,530 LTL |
| Operations Supervisor | 4,450 LTL |
| Policy Administration Executive | 4,210 LTL |
| Private Sector Executive | 4,390 LTL |
| Product Development Manager | 5,050 LTL |
| Product Executive | 4,170 LTL |
| Production Executive | 4,790 LTL |
| Production Manager | 5,130 LTL |
| Production Supervisor | 4,260 LTL |
| Program Manager | 5,030 LTL |
| Programme Coordinator | 3,420 LTL |
| Project Control Manager | 5,360 LTL |
| Project Coordinator | 3,130 LTL |
| Project Management Officer | 3,610 LTL |
| Project Manager | 3,650 LTL |
| Project Portfolio Manager | 4,170 LTL |
| Quality Manager | 4,030 LTL |
| R/D Director | 4,650 LTL |
| Regional Director | 7,030 LTL |
| Regional Manager | 5,160 LTL |
| Relationship Manager | 5,190 LTL |
| Retail District Manager | 3,490 LTL |
| Revenue Manager | 4,110 LTL |
| Risk and Capital Manager | 5,430 LTL |
| Risk Officer | 3,720 LTL |
| Safety Manager | 3,850 LTL |
| Section Head | 3,900 LTL |
| Service Manager | 4,140 LTL |
| Shift Supervisor | 3,080 LTL |
| Solutions Manager | 3,440 LTL |
| Supervisor | 2,990 LTL |
| Supply Chain Manager | 5,510 LTL |
| Surveyor | 3,350 LTL |
| Technical Manager | 4,690 LTL |
| Territory Manager | 4,710 LTL |
| Validation Manager | 4,310 LTL |
| Vice President | 6,010 LTL |
| Zone Manager | 5,300 LTL |
Executive and Management Jobs Pay Scale and Salaries in Lithuania
Salary Structure and Pay Scale Comparison
3,840 LTL or more
3,250 to 3,840 LTL
1,950 LTL or less
1,950 to 3,250 LTL
 1,460 LTL |
4,020 LTL |
7,310 LTL |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
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?
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.
Salary Comparison By Education
How does the education level affect your salary?
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
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 |
Salary Comparison By Gender in Lithuania for all Careers
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.
Lithuania / All Professions
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
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
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?
Share This Chart Tweet 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 BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese 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 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. |
Example: | Example: |
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.
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 |
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.
Hourly Average Wage / Executive and Management / Lithuania
26 LTL per hourThe 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.
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
Salary Comparison By City
| City | Average Salary |
| Vilnius | 5,090 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 |
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
