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Chief Executive Officer Average Salary in Malaysia 2020

How much money does a Chief Executive Officer make in Malaysia?


Average Monthly Salary
15,300 MYR
( 184,000 MYR yearly)

LOW
7,960
MYR
AVERAGE
15,300
MYR
HIGH
23,400
MYR

A person working as a Chief Executive Officer in Malaysia typically earns around 15,300 MYR per month. Salaries range from 7,960 MYR (lowest) to 23,400 MYR (highest).

This is the average monthly salary including housing, transport, and other benefits. Chief Executive Officer salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Chief Executive Officer Salary Distribution in Malaysia

Median and salary distribution monthly Malaysia Chief Executive Officer
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The median, the maximum, the minimum, and the range

  • Salary Range

    Chief Executive Officer salaries in Malaysia range from 7,960 MYR per month (minimum salary) to 23,400 MYR per month (maximum salary).

  • Median Salary

    The median salary is 14,700 MYR per month, which means that half (50%) of people working as Chief Executive Officer(s) are earning less than 14,700 MYR while the other half are earning more than 14,700 MYR. 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.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Chief Executive Officer(s) are earning less than 10,200 MYR while 75% of them are earning more than 10,200 MYR. Also from the diagram, 75% of Chief Executive Officer(s) are earning less than 18,300 MYR while 25% are earning more than 18,300 MYR.


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

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

Chief Executive Officer Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Malaysia Chief Executive Officer
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Chief Executive Officer salaries by experience level and this is what we found.

A Chief Executive Officer with less than two years of experience makes approximately 9,040 MYR per month.

While someone with an experience level between two and five years is expected to earn 12,100 MYR per month, 34% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 15,800 MYR per month, 30% more than someone with two to five years of experience.

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.

Additionally, Chief Executive Officer(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 19,100 MYR per month, 21% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 20,900 MYR per month, 9% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 21,900 MYR per month, 5% more than people with fifteen to twenty years of experience.


Chief Executive Officer average salary change by experience in Malaysia

0 - 2 Years
9,040 MYR
2 - 5 Years+34%
12,100 MYR
5 - 10 Years+30%
15,800 MYR
10 - 15 Years+21%
19,100 MYR
15 - 20 Years+9%
20,900 MYR
20+ Years+5%
21,900 MYR
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Chief Executive Officer Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Chief Executive Officer(s) who have the same experience but different education levels.

Salary comparison by education level monthly Malaysia Chief Executive Officer
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Chief Executive Officer salaries by education level in order to make a comparison.

When the education level is High School, the average salary of a Chief Executive Officer is 8,570 MYR per month.

While someone with a Certificate or Diploma gets a salary of 10,100 MYR per month, 18% more than someone having a High School degree.

A Bachelor's Degree gets its holder an average salary of 13,700 MYR per month, 35% more than someone with a Certificate or Diploma.

Professionals who hold a Master's Degree are rewarded with an average salary of 19,700 MYR per month, 44% more than someone with Bachelor's Degree.

PhD holders are compensated with wage equivelant to 23,300 MYR per month, 18% more than someone with Master's Degree.


Chief Executive Officer average salary difference by education level in Malaysia

High School
8,570 MYR
Certificate or Diploma+18%
10,100 MYR
Bachelor's Degree+35%
13,700 MYR
Master's Degree+44%
19,700 MYR
PhD+18%
23,300 MYR
Percentage increase and decrease are relative to the previous value

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 Malaysia costs anywhere from 32,900 Malaysian Ringgit(s) to 98,800 Malaysian Ringgit(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 the thoery. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Chief Executive Officer Salary Comparison By Gender

Salary comparison by gender monthly Malaysia Chief Executive Officer
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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? Male Chief Executive Officer employees in Malaysia earn 11% more than their female counterparts on average.

Female
14,700 MYR
Male+11%
16,300 MYR
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Malaysia for all Careers

Salary comparison by gender monthly Malaysia
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Chief Executive Officer Average Annual Salary Increment Percentage in Malaysia

How much are annual salary increments in Malaysia for Chief Executive Officer(s)? How often do employees get salary raises?

Chief Executive Officer

Chief Executive Officer(s) in Malaysia are likely to observe a salary increase of approximately 15% every 17 months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.

Annual Salary Increment Rate Malaysia Chief Executive Officer
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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.

Malaysia / All Professions

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.

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 Malaysia is 6%.

Annual Increment Rate By Industry 2019

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Listed above are the average annual increase rates for each industry in Malaysia 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.


Worldwide Salary Raises: All Countries and All Jobs

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Chief Executive Officer Bonus and Incentive Rates in Malaysia

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Malaysia Chief Executive Officer
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A Chief Executive Officer is considered to be a high bonus-based job 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.

20% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 80% 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
80%
No Bonus
20%

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.

Government vs Private Sector Salary Comparison

Public vs private sector salaries monthly Malaysia
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Where can you get paid more, working for a private company or for the government? Public sector employees in Malaysia earn 9% more than their private sector counterparts on average across all sectors.

Private Sector
6,320 MYR
Public Sector+9%
6,880 MYR
Percentage increase and decrease are relative to the previous value

Chief Executive Officer Average Hourly Wage in Malaysia


88 MYR per hour

The average hourly wage (pay per hour) in Malaysia is 88 MYR. This means that the average Chief Executive Officer in Malaysia earns approximately 88 MYR for every worked hour.


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

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.

Chief Executive Officer VS Other Jobs

Salary Comparison Between Chief Executive Officer and Executive and Management monthly Malaysia
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The average salary for Chief Executive Officer is 70% more than that of Executive and Management. Also, Executive and Management salaries are 36% more than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Account Coordinator6,380 MYR-58%
Administration Manager7,800 MYR-49%
Area Manager7,000 MYR-54%
Asset Protection Associate8,170 MYR-47%
Assistant Director7,670 MYR-50%
Assistant Manager8,580 MYR-44%
Assistant Operations Manager9,010 MYR-41%
Assistant Project Manager7,910 MYR-48%
Assistant Section Head6,310 MYR-59%
Assistant to CEO6,960 MYR-55%
Assistant Vice President8,500 MYR-44%
Associate Director7,840 MYR-49%
Bid Manager9,180 MYR-40%
Branch Manager8,500 MYR-44%
Business Development Manager9,680 MYR-37%
Business Operations Associate7,830 MYR-49%
Business Operations Lead8,330 MYR-46%
Campaign Manager9,010 MYR-41%
Chairman of The Board15,200 MYR-1%
Chairman Office Manager9,300 MYR-39%
Chief Corporate Officer12,600 MYR-18%
Chief Executive Officer15,300 MYR=
Chief Financial Officer14,200 MYR-7%
Chief of Staff7,140 MYR-53%
Chief Operating Officer10,700 MYR-30%
Chief Risk Officer9,570 MYR-37%
Client Services Manager10,100 MYR-34%
Commercial Project Manager8,410 MYR-45%
Commodity Broker6,060 MYR-60%
Corporate Affairs Executive9,100 MYR-41%
Corporate Compliance Director9,560 MYR-38%
Corporate Director10,400 MYR-32%
Corporate Officer7,070 MYR-54%
Corporate Partnerships Officer6,890 MYR-55%
Country Manager12,100 MYR-21%
Deputy Director11,000 MYR-28%
Director11,700 MYR-24%
Director of Accreditation9,620 MYR-37%
Director of Catering Services8,920 MYR-42%
Director of Client Services9,680 MYR-37%
Director of Facilities Management8,410 MYR-45%
Director of Operations9,620 MYR-37%
Director of Process Simplification7,680 MYR-50%
Director of Project Management10,700 MYR-30%
Director of Revenue Management8,890 MYR-42%
Director of Training and Development9,490 MYR-38%
Distribution Manager10,500 MYR-31%
Division Manager8,490 MYR-45%
Duty Manager8,500 MYR-44%
Engagement Manager10,300 MYR-33%
Executive Director14,000 MYR-8%
Executive Manager11,700 MYR-24%
Franchise Manager12,900 MYR-16%
General Manager11,400 MYR-25%
Global Master Data Manager10,300 MYR-33%
Head of Middle Office8,950 MYR-42%
Head of Projects10,300 MYR-33%
Head of Sustainability8,000 MYR-48%
Housing Manager8,240 MYR-46%
HSE Manager8,000 MYR-48%
Key Account Manager8,420 MYR-45%
Knowledge Manager9,580 MYR-37%
Location Manager9,150 MYR-40%
Logistics Manager7,910 MYR-48%
Management Consultant8,000 MYR-48%
Management Executive10,500 MYR-31%
Manager10,200 MYR-33%
Managing Director12,500 MYR-18%
MIS Executive9,600 MYR-37%
Ocean Services Manager10,100 MYR-34%
Operations Assistant7,030 MYR-54%
Operations Director11,100 MYR-27%
Operations Executive10,800 MYR-29%
Operations Manager10,600 MYR-31%
Operations Supervisor9,160 MYR-40%
Policy Administration Executive8,500 MYR-44%
Private Sector Executive9,100 MYR-41%
Product Development Manager10,000 MYR-35%
Product Executive8,580 MYR-44%
Production Executive10,100 MYR-34%
Production Manager9,680 MYR-37%
Production Supervisor8,840 MYR-42%
Program Manager10,600 MYR-31%
Programme Coordinator7,380 MYR-52%
Project Control Manager10,400 MYR-32%
Project Coordinator6,040 MYR-61%
Project Management Officer7,150 MYR-53%
Project Manager7,730 MYR-49%
Project Portfolio Manager8,320 MYR-46%
Quality Manager7,760 MYR-49%
R/D Director9,270 MYR-39%
Regional Director13,600 MYR-11%
Regional Manager10,400 MYR-32%
Relationship Manager10,100 MYR-34%
Retail District Manager7,220 MYR-53%
Revenue Manager7,600 MYR-50%
Risk and Capital Manager11,400 MYR-25%
Risk Officer7,890 MYR-48%
Safety Manager7,650 MYR-50%
Section Head7,360 MYR-52%
Service Manager8,240 MYR-46%
Shift Supervisor6,230 MYR-59%
Solutions Manager7,080 MYR-54%
Supervisor5,860 MYR-62%
Supply Chain Manager10,500 MYR-31%
Surveyor7,070 MYR-54%
Technical Manager9,200 MYR-40%
Territory Manager9,920 MYR-35%
Validation Manager8,760 MYR-43%
Vice President11,800 MYR-23%
Zone Manager10,500 MYR-31%

Salary Comparison By City

CityAverage Salary
Ampang14,100 MYR
Ipoh16,700 MYR
Johor Bahru15,500 MYR
Klang14,100 MYR
Kota Kinabalu14,400 MYR
Kuala Lumpur16,300 MYR
Kuching15,300 MYR
Petaling Jaya15,400 MYR
Shah Alam16,300 MYR
Subang Jaya14,300 MYR
22293 - 9

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