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 salaries in Philippines range from 49,900 PHP per month (minimum salary) to 172,000 PHP per month (maximum 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.
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.
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 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.
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.
|0 - 2 Years|
|2 - 5 Years||+34%|
|5 - 10 Years||+48%|
|10 - 15 Years||+22%|
|15 - 20 Years||+9%|
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.
|Certificate or Diploma||+24%|
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.
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.
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.
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 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.
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.
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 Chief Executive Officer employees in Philippines earn 12% more than their private sector counterparts.
|Average Salary 2016|
|Average Salary 2017||+4%|
|Average Salary 2018||+4%|
|Average Salary 2019||+4%|
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.
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 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.
|Job Title||Average Salary|
|Account Coordinator||44,300 PHP||-59%|
|Administration Manager||56,600 PHP||-48%|
|Area Manager||51,900 PHP||-52%|
|Asset Protection Associate||58,800 PHP||-46%|
|Assistant Director||56,300 PHP||-48%|
|Assistant Manager||60,500 PHP||-44%|
|Assistant Operations Manager||62,400 PHP||-42%|
|Assistant Project Manager||59,100 PHP||-45%|
|Assistant Section Head||46,300 PHP||-57%|
|Assistant to CEO||55,500 PHP||-49%|
|Assistant Vice President||63,300 PHP||-42%|
|Associate Director||58,900 PHP||-46%|
|Bid Manager||68,200 PHP||-37%|
|Branch Manager||63,900 PHP||-41%|
|Business Development Manager||66,700 PHP||-38%|
|Business Operations Associate||54,700 PHP||-50%|
|Business Operations Lead||60,600 PHP||-44%|
|Campaign Manager||62,300 PHP||-43%|
|Chairman of The Board||108,000 PHP||-0%|
|Chairman Office Manager||68,900 PHP||-36%|
|Chief Corporate Officer||90,300 PHP||-17%|
|Chief Executive Officer||108,000 PHP||-0%|
|Chief Financial Officer||103,000 PHP||-5%|
|Chief of Staff||51,100 PHP||-53%|
|Chief Operating Officer||74,300 PHP||-31%|
|Chief Risk Officer||69,100 PHP||-36%|
|Client Services Manager||71,600 PHP||-34%|
|Commercial Project Manager||57,700 PHP||-47%|
|Commodity Broker||46,800 PHP||-57%|
|Corporate Affairs Executive||67,100 PHP||-38%|
|Corporate Compliance Director||73,500 PHP||-32%|
|Corporate Director||75,100 PHP||-31%|
|Corporate Officer||51,300 PHP||-53%|
|Corporate Partnerships Officer||53,000 PHP||-51%|
|Country Manager||86,400 PHP||-20%|
|Deputy Director||75,300 PHP||-31%|
|Director of Accreditation||75,700 PHP||-30%|
|Director of Catering Services||66,100 PHP||-39%|
|Director of Client Services||70,900 PHP||-35%|
|Director of Facilities Management||58,900 PHP||-46%|
|Director of Operations||72,000 PHP||-34%|
|Director of Process Simplification||55,600 PHP||-49%|
|Director of Project Management||78,100 PHP||-28%|
|Director of Revenue Management||65,900 PHP||-39%|
|Director of Training and Development||72,000 PHP||-34%|
|Distribution Manager||74,800 PHP||-31%|
|Division Manager||63,600 PHP||-41%|
|Duty Manager||62,000 PHP||-43%|
|Engagement Manager||73,700 PHP||-32%|
|Executive Director||105,000 PHP||-3%|
|Executive Manager||86,000 PHP||-21%|
|Franchise Manager||93,400 PHP||-14%|
|General Manager||88,800 PHP||-18%|
|Global Master Data Manager||78,300 PHP||-28%|
|Head of Middle Office||69,500 PHP||-36%|
|Head of Projects||75,000 PHP||-31%|
|Head of Sustainability||62,100 PHP||-43%|
|Housing Manager||61,200 PHP||-44%|
|HSE Manager||61,700 PHP||-43%|
|Key Account Manager||58,600 PHP||-46%|
|Knowledge Manager||66,900 PHP||-38%|
|Location Manager||64,900 PHP||-40%|
|Logistics Manager||59,400 PHP||-45%|
|Management Consultant||58,600 PHP||-46%|
|Management Executive||76,300 PHP||-30%|
|Managing Director||86,200 PHP||-20%|
|MIS Executive||71,400 PHP||-34%|
|Ocean Services Manager||74,200 PHP||-32%|
|Operations Assistant||52,700 PHP||-51%|
|Operations Director||83,100 PHP||-23%|
|Operations Executive||76,400 PHP||-30%|
|Operations Manager||82,400 PHP||-24%|
|Operations Supervisor||67,500 PHP||-38%|
|Policy Administration Executive||64,300 PHP||-41%|
|Private Sector Executive||63,000 PHP||-42%|
|Product Development Manager||70,500 PHP||-35%|
|Product Executive||63,400 PHP||-42%|
|Production Executive||75,500 PHP||-30%|
|Production Manager||77,200 PHP||-29%|
|Production Supervisor||64,200 PHP||-41%|
|Program Manager||75,300 PHP||-31%|
|Programme Coordinator||50,600 PHP||-53%|
|Project Control Manager||79,600 PHP||-27%|
|Project Coordinator||46,500 PHP||-57%|
|Project Management Officer||52,900 PHP||-51%|
|Project Manager||54,600 PHP||-50%|
|Project Portfolio Manager||58,100 PHP||-46%|
|Quality Manager||57,100 PHP||-47%|
|R/D Director||68,000 PHP||-37%|
|Regional Director||104,000 PHP||-4%|
|Regional Manager||74,900 PHP||-31%|
|Relationship Manager||73,100 PHP||-33%|
|Retail District Manager||50,200 PHP||-54%|
|Revenue Manager||56,500 PHP||-48%|
|Risk and Capital Manager||85,500 PHP||-21%|
|Risk Officer||55,600 PHP||-49%|
|Safety Manager||56,400 PHP||-48%|
|Section Head||58,700 PHP||-46%|
|Service Manager||57,700 PHP||-47%|
|Shift Supervisor||44,700 PHP||-59%|
|Solutions Manager||49,400 PHP||-54%|
|Supply Chain Manager||78,700 PHP||-27%|
|Technical Manager||69,100 PHP||-36%|
|Territory Manager||74,300 PHP||-31%|
|Validation Manager||59,400 PHP||-45%|
|Vice President||84,000 PHP||-23%|
|Zone Manager||77,800 PHP||-28%|
|Cagayan de Oro||112,000 PHP|
|Las Pinas||107,000 PHP|
|Quezon City||130,000 PHP|