A person working in Executive and Management in Romania typically earns around 12,200 RON per month. Salaries range from 4,010 RON (lowest average) to 20,000 RON (highest average, actual maximum salary is higher).
This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Executive and Management careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
|Job Title||Average Salary|
|Account Coordinator||8,060 RON|
|Administration Manager||10,200 RON|
|Area Manager||9,280 RON|
|Asset Protection Associate||10,400 RON|
|Assistant Director||10,400 RON|
|Assistant Manager||10,800 RON|
|Assistant Operations Manager||11,600 RON|
|Assistant Project Manager||10,400 RON|
|Assistant Section Head||8,300 RON|
|Assistant to CEO||9,390 RON|
|Assistant Vice President||10,300 RON|
|Associate Director||10,000 RON|
|Bid Manager||11,300 RON|
|Branch Manager||10,900 RON|
|Business Development Manager||12,300 RON|
|Business Operations Associate||10,600 RON|
|Business Operations Lead||10,700 RON|
|Campaign Manager||11,800 RON|
|Chairman of The Board||18,700 RON|
|Chairman Office Manager||12,000 RON|
|Chief Corporate Officer||15,100 RON|
|Chief Executive Officer||18,600 RON|
|Chief Financial Officer||18,300 RON|
|Chief of Staff||9,390 RON|
|Chief Operating Officer||15,100 RON|
|Chief Risk Officer||12,000 RON|
|Client Services Manager||12,400 RON|
|Commercial Project Manager||11,000 RON|
|Commodity Broker||7,980 RON|
|Corporate Affairs Executive||11,300 RON|
|Corporate Compliance Director||12,800 RON|
|Corporate Director||13,100 RON|
|Corporate Officer||8,970 RON|
|Corporate Partnerships Officer||8,950 RON|
|Country Manager||14,900 RON|
|Deputy Director||13,300 RON|
|Director of Accreditation||13,400 RON|
|Director of Catering Services||11,800 RON|
|Director of Client Services||12,000 RON|
|Director of Facilities Management||10,600 RON|
|Director of Operations||13,400 RON|
|Director of Process Simplification||10,500 RON|
|Director of Project Management||13,800 RON|
|Director of Revenue Management||11,500 RON|
|Director of Training and Development||11,900 RON|
|Distribution Manager||13,800 RON|
|Division Manager||11,900 RON|
|Duty Manager||11,500 RON|
|Engagement Manager||14,300 RON|
|Executive Director||19,400 RON|
|Executive Manager||15,100 RON|
|Franchise Manager||16,700 RON|
|General Manager||15,000 RON|
|Global Master Data Manager||12,900 RON|
|Head of Middle Office||12,600 RON|
|Head of Projects||13,200 RON|
|Head of Sustainability||11,300 RON|
|Housing Manager||10,200 RON|
|HSE Manager||10,500 RON|
|Key Account Manager||10,500 RON|
|Knowledge Manager||13,000 RON|
|Location Manager||11,700 RON|
|Logistics Manager||10,400 RON|
|Management Consultant||9,940 RON|
|Management Executive||14,400 RON|
|Managing Director||16,300 RON|
|MIS Executive||13,500 RON|
|Ocean Services Manager||13,300 RON|
|Operations Assistant||9,820 RON|
|Operations Director||14,100 RON|
|Operations Executive||14,400 RON|
|Operations Manager||15,000 RON|
|Operations Supervisor||12,200 RON|
|Policy Administration Executive||10,800 RON|
|Private Sector Executive||11,700 RON|
|Product Development Manager||13,300 RON|
|Product Executive||11,200 RON|
|Production Executive||13,100 RON|
|Production Manager||13,100 RON|
|Production Supervisor||11,500 RON|
|Program Manager||12,900 RON|
|Programme Coordinator||9,670 RON|
|Project Control Manager||13,000 RON|
|Project Coordinator||8,080 RON|
|Project Management Officer||9,630 RON|
|Project Manager||9,540 RON|
|Project Portfolio Manager||10,600 RON|
|Quality Manager||10,000 RON|
|R/D Director||11,900 RON|
|Regional Director||18,500 RON|
|Regional Manager||13,500 RON|
|Relationship Manager||13,000 RON|
|Retail District Manager||9,130 RON|
|Revenue Manager||10,700 RON|
|Risk and Capital Manager||15,100 RON|
|Risk Officer||9,900 RON|
|Safety Manager||9,480 RON|
|Section Head||9,930 RON|
|Service Manager||10,400 RON|
|Shift Supervisor||8,070 RON|
|Solutions Manager||9,580 RON|
|Supply Chain Manager||13,400 RON|
|Technical Manager||12,700 RON|
|Territory Manager||12,900 RON|
|Validation Manager||10,600 RON|
|Vice President||15,200 RON|
|Zone Manager||14,200 RON|
Executive and Management salaries in Romania range from 4,010 RON per month (minimum average salary) to 20,000 RON per month (maximum average salary, actual maximum is higher).
The median salary is 12,500 RON per month, which means that half (50%) of people working in Executive and Management are earning less than 12,500 RON while the other half are earning more than 12,500 RON. 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 people working in Executive and Management are earning less than 7,420 RON while 75% of them are earning more than 7,420 RON. Also from the diagram, 75% of people working in Executive and Management are earning less than 16,600 RON while 25% are earning more than 16,600 RON.
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 the wage.
Generally speaking, employees 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.
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 degrees levels across many jobs, 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 cerificate 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.
A Master's degree program or any post-graduate program in Romania costs anywhere from 44,900 New Leu(s) to 135,000 New Leu(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 this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then 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 employees in Romania who work in Executive and Management earn 9% more than their female counterparts on average.
Executive and Management professionals in Romania 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.
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 Romania 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.
Executive and Management is considered to be a high bonus-based field 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.
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.
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 employees in Romania earn 7% more than their private sector counterparts on average across all sectors.
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 Executive and Management is 36% more than that of All Jobs.