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Chief Executive Officer Average Salary in Philippines 2020

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


Average Monthly Salary
108,000 PHP
( 1,300,000 PHP yearly)

LOW
49,900
PHP
AVERAGE
108,000
PHP
HIGH
172,000
PHP

A person working as a Chief Executive Officer in Philippines typically earns around 108,000 PHP per month. Salaries range from 49,900 PHP (lowest) to 172,000 PHP (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 Philippines

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

  • Salary Range

    Chief Executive Officer salaries in Philippines range from 49,900 PHP per month (minimum salary) to 172,000 PHP per month (maximum salary).

  • Median Salary

    The median salary is 117,000 PHP per month, which means that half (50%) of people working as Chief Executive Officer(s) are earning less than 117,000 PHP while the other half are earning more than 117,000 PHP. 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 75,100 PHP while 75% of them are earning more than 75,100 PHP. Also from the diagram, 75% of Chief Executive Officer(s) are earning less than 156,000 PHP while 25% are earning more than 156,000 PHP.


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 Philippines 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 56,600 PHP per month.

While someone with an experience level between two and five years is expected to earn 75,600 PHP 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 112,000 PHP per month, 48% 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 136,000 PHP per month, 22% 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 149,000 PHP 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 161,000 PHP per month, 8% more than people with fifteen to twenty years of experience.


Chief Executive Officer average salary change by experience in Philippines

0 - 2 Years
56,600 PHP
2 - 5 Years+34%
75,600 PHP
5 - 10 Years+48%
112,000 PHP
10 - 15 Years+22%
136,000 PHP
15 - 20 Years+9%
149,000 PHP
20+ Years+8%
161,000 PHP
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 Philippines 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 51,100 PHP per month.

While someone with a Certificate or Diploma gets a salary of 63,400 PHP per month, 24% more than someone having a High School degree.

A Bachelor's Degree gets its holder an average salary of 87,900 PHP per month, 39% more than someone with a Certificate or Diploma.

Professionals who hold a Master's Degree are rewarded with an average salary of 143,000 PHP per month, 63% more than someone with Bachelor's Degree.

PhD holders are compensated with wage equivelant to 171,000 PHP per month, 20% more than someone with Master's Degree.


Chief Executive Officer average salary difference by education level in Philippines

High School
51,100 PHP
Certificate or Diploma+24%
63,400 PHP
Bachelor's Degree+39%
87,900 PHP
Master's Degree+63%
143,000 PHP
PhD+20%
171,000 PHP
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 Philippines costs anywhere from 253,000 Philippine Peso(s) to 758,000 Philippine Peso(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 Philippines 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 Philippines earn 22% more than their female counterparts.

Female
97,500 PHP
Male+22%
119,000 PHP
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Philippines for all Careers

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

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

Chief Executive Officer

Chief Executive Officer(s) in Philippines are likely to observe a salary increase of approximately 14% every 18 months. The national average annual increment for all professions combined is 8% granted to employees every 18 months.

Annual Salary Increment Rate Philippines 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.

Philippines / All Professions

Annual Salary Increment Rate Philippines
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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 Philippines is 5%.

Annual Increment Rate By Industry 2019

Banking
9%
Energy
9%
Information Technology
9%
Healthcare
9%
Travel
9%
Construction
9%
Education
9%

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

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Philippines 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.

15% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 85% 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
85%
No Bonus
15%

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 Philippines
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Where can you get paid more, working for a private company or for the government? Public sector Chief Executive Officer employees in Philippines earn 12% more than their private sector counterparts.

Private Sector
47,700 PHP
Public Sector+12%
53,400 PHP
Percentage increase and decrease are relative to the previous value

Chief Executive Officer Salary Trend and Forecast in Philippines

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

Salary trends and forecast monthly Philippines Chief Executive Officer
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Average Salary 2016
93,800 PHP
Average Salary 2017+4%
97,200 PHP
Average Salary 2018+4%
101,000 PHP
Average Salary 2019+4%
105,000 PHP
Percentage increase and decrease are relative to the previous value

Chief Executive Officer salaries in Philippines are on the rise 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.

Chief Executive Officer Average Hourly Wage in Philippines


630 PHP per hour

The average hourly wage (pay per hour) in Philippines is 630 PHP. This means that the average Chief Executive Officer in Philippines earns approximately 630 PHP 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 Philippines
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The average salary for Chief Executive Officer is 58% 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 Coordinator44,300 PHP-59%
Administration Manager56,600 PHP-48%
Area Manager51,900 PHP-52%
Asset Protection Associate58,800 PHP-46%
Assistant Director56,300 PHP-48%
Assistant Manager60,500 PHP-44%
Assistant Operations Manager62,400 PHP-42%
Assistant Project Manager59,100 PHP-45%
Assistant Section Head46,300 PHP-57%
Assistant to CEO55,500 PHP-49%
Assistant Vice President63,300 PHP-42%
Associate Director58,900 PHP-46%
Bid Manager68,200 PHP-37%
Branch Manager63,900 PHP-41%
Business Development Manager66,700 PHP-38%
Business Operations Associate54,700 PHP-50%
Business Operations Lead60,600 PHP-44%
Campaign Manager62,300 PHP-43%
Chairman of The Board108,000 PHP-0%
Chairman Office Manager68,900 PHP-36%
Chief Corporate Officer90,300 PHP-17%
Chief Executive Officer108,000 PHP-0%
Chief Financial Officer103,000 PHP-5%
Chief of Staff51,100 PHP-53%
Chief Operating Officer74,300 PHP-31%
Chief Risk Officer69,100 PHP-36%
Client Services Manager71,600 PHP-34%
Commercial Project Manager57,700 PHP-47%
Commodity Broker46,800 PHP-57%
Corporate Affairs Executive67,100 PHP-38%
Corporate Compliance Director73,500 PHP-32%
Corporate Director75,100 PHP-31%
Corporate Officer51,300 PHP-53%
Corporate Partnerships Officer53,000 PHP-51%
Country Manager86,400 PHP-20%
Deputy Director75,300 PHP-31%
Director83,100 PHP-23%
Director of Accreditation75,700 PHP-30%
Director of Catering Services66,100 PHP-39%
Director of Client Services70,900 PHP-35%
Director of Facilities Management58,900 PHP-46%
Director of Operations72,000 PHP-34%
Director of Process Simplification55,600 PHP-49%
Director of Project Management78,100 PHP-28%
Director of Revenue Management65,900 PHP-39%
Director of Training and Development72,000 PHP-34%
Distribution Manager74,800 PHP-31%
Division Manager63,600 PHP-41%
Duty Manager62,000 PHP-43%
Engagement Manager73,700 PHP-32%
Executive Director105,000 PHP-3%
Executive Manager86,000 PHP-21%
Franchise Manager93,400 PHP-14%
General Manager88,800 PHP-18%
Global Master Data Manager78,300 PHP-28%
Head of Middle Office69,500 PHP-36%
Head of Projects75,000 PHP-31%
Head of Sustainability62,100 PHP-43%
Housing Manager61,200 PHP-44%
HSE Manager61,700 PHP-43%
Key Account Manager58,600 PHP-46%
Knowledge Manager66,900 PHP-38%
Location Manager64,900 PHP-40%
Logistics Manager59,400 PHP-45%
Management Consultant58,600 PHP-46%
Management Executive76,300 PHP-30%
Manager75,900 PHP-30%
Managing Director86,200 PHP-20%
MIS Executive71,400 PHP-34%
Ocean Services Manager74,200 PHP-32%
Operations Assistant52,700 PHP-51%
Operations Director83,100 PHP-23%
Operations Executive76,400 PHP-30%
Operations Manager82,400 PHP-24%
Operations Supervisor67,500 PHP-38%
Policy Administration Executive64,300 PHP-41%
Private Sector Executive63,000 PHP-42%
Product Development Manager70,500 PHP-35%
Product Executive63,400 PHP-42%
Production Executive75,500 PHP-30%
Production Manager77,200 PHP-29%
Production Supervisor64,200 PHP-41%
Program Manager75,300 PHP-31%
Programme Coordinator50,600 PHP-53%
Project Control Manager79,600 PHP-27%
Project Coordinator46,500 PHP-57%
Project Management Officer52,900 PHP-51%
Project Manager54,600 PHP-50%
Project Portfolio Manager58,100 PHP-46%
Quality Manager57,100 PHP-47%
R/D Director68,000 PHP-37%
Regional Director104,000 PHP-4%
Regional Manager74,900 PHP-31%
Relationship Manager73,100 PHP-33%
Retail District Manager50,200 PHP-54%
Revenue Manager56,500 PHP-48%
Risk and Capital Manager85,500 PHP-21%
Risk Officer55,600 PHP-49%
Safety Manager56,400 PHP-48%
Section Head58,700 PHP-46%
Service Manager57,700 PHP-47%
Shift Supervisor44,700 PHP-59%
Solutions Manager49,400 PHP-54%
Supervisor44,200 PHP-59%
Supply Chain Manager78,700 PHP-27%
Surveyor50,200 PHP-54%
Technical Manager69,100 PHP-36%
Territory Manager74,300 PHP-31%
Validation Manager59,400 PHP-45%
Vice President84,000 PHP-23%
Zone Manager77,800 PHP-28%

Salary Comparison By City

CityAverage Salary
Antipolo122,000 PHP
Cagayan de Oro112,000 PHP
Cebu125,000 PHP
Dasmarinas99,900 PHP
Davao130,000 PHP
Kalookan126,000 PHP
Las Pinas107,000 PHP
Makati106,000 PHP
Manila129,000 PHP
Paranaque110,000 PHP
Pasig121,000 PHP
Quezon City130,000 PHP
Taguig115,000 PHP
Valenzuela105,000 PHP
91444 - 3

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