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Executive and Management Average Salaries in Sweden 2020

How much money does a person working in Executive and Management make in Sweden?


Average Monthly Salary
61,500 SEK
( 738,000 SEK yearly)

LOW
20,100
SEK
AVERAGE
61,500
SEK
HIGH
101,000
SEK

A person working in Executive and Management in Sweden typically earns around 61,500 SEK per month. Salaries range from 20,100 SEK (lowest average) to 101,000 SEK (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.

Salaries for specific jobs

Job TitleAverage Salary
Account Coordinator41,600 SEK
Administration Manager52,900 SEK
Area Manager48,300 SEK
Asset Protection Associate58,000 SEK
Assistant Director53,400 SEK
Assistant Manager59,900 SEK
Assistant Operations Manager61,500 SEK
Assistant Project Manager56,400 SEK
Assistant Section Head47,600 SEK
Assistant to CEO51,400 SEK
Assistant Vice President57,200 SEK
Associate Director56,600 SEK
Bid Manager64,500 SEK
Branch Manager61,400 SEK
Business Development Manager67,600 SEK
Business Operations Associate57,300 SEK
Business Operations Lead54,000 SEK
Campaign Manager58,100 SEK
Chairman of The Board105,000 SEK
Chairman Office Manager69,500 SEK
Chief Corporate Officer86,000 SEK
Chief Executive Officer108,000 SEK
Chief Financial Officer92,200 SEK
Chief of Staff50,000 SEK
Chief Operating Officer81,900 SEK
Chief Risk Officer65,100 SEK
Client Services Manager69,500 SEK
Commercial Project Manager58,000 SEK
Commodity Broker43,600 SEK
Corporate Affairs Executive61,900 SEK
Corporate Compliance Director71,600 SEK
Corporate Director68,700 SEK
Corporate Officer46,900 SEK
Corporate Partnerships Officer50,800 SEK
Country Manager83,900 SEK
Deputy Director71,600 SEK
Director83,700 SEK
Director of Accreditation67,800 SEK
Director of Catering Services61,500 SEK
Director of Client Services70,300 SEK
Director of Facilities Management56,800 SEK
Director of Operations71,200 SEK
Director of Process Simplification55,300 SEK
Director of Project Management69,600 SEK
Director of Revenue Management66,500 SEK
Director of Training and Development67,900 SEK
Distribution Manager73,300 SEK
Division Manager62,800 SEK
Duty Manager57,200 SEK
Engagement Manager74,900 SEK
Executive Director106,000 SEK
Executive Manager84,600 SEK
Franchise Manager89,600 SEK
General Manager84,900 SEK
Global Master Data Manager73,800 SEK
Head of Middle Office65,300 SEK
Head of Projects66,800 SEK
Head of Sustainability58,300 SEK
Housing Manager57,900 SEK
HSE Manager57,500 SEK
Key Account Manager58,200 SEK
Knowledge Manager70,100 SEK
Location Manager67,200 SEK
Logistics Manager52,700 SEK
Management Consultant58,100 SEK
Management Executive75,900 SEK
Manager68,700 SEK
Managing Director80,400 SEK
MIS Executive68,800 SEK
Ocean Services Manager76,300 SEK
Operations Assistant52,100 SEK
Operations Director79,900 SEK
Operations Executive78,500 SEK
Operations Manager77,400 SEK
Operations Supervisor67,500 SEK
Policy Administration Executive57,400 SEK
Private Sector Executive62,100 SEK
Product Development Manager72,500 SEK
Product Executive60,600 SEK
Production Executive68,800 SEK
Production Manager71,500 SEK
Production Supervisor59,900 SEK
Program Manager75,200 SEK
Programme Coordinator50,900 SEK
Project Control Manager69,600 SEK
Project Coordinator45,300 SEK
Project Management Officer51,500 SEK
Project Manager51,700 SEK
Project Portfolio Manager58,600 SEK
Quality Manager56,200 SEK
R/D Director62,200 SEK
Regional Director96,400 SEK
Regional Manager70,000 SEK
Relationship Manager70,200 SEK
Retail District Manager47,200 SEK
Revenue Manager54,500 SEK
Risk and Capital Manager81,600 SEK
Risk Officer55,000 SEK
Safety Manager52,000 SEK
Section Head54,400 SEK
Service Manager55,700 SEK
Shift Supervisor41,800 SEK
Solutions Manager51,800 SEK
Supervisor44,000 SEK
Supply Chain Manager75,700 SEK
Surveyor47,900 SEK
Technical Manager65,300 SEK
Territory Manager67,700 SEK
Validation Manager60,900 SEK
Vice President87,000 SEK
Zone Manager75,700 SEK

Executive and Management Jobs Salary Distribution in Sweden

Median and salary distribution monthly Sweden Executive and Management
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The median, the maximum, the minimum, and the range

  • Salary Range

    Executive and Management salaries in Sweden range from 20,100 SEK per month (minimum average salary) to 101,000 SEK per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 59,000 SEK per month, which means that half (50%) of people working in Executive and Management are earning less than 59,000 SEK while the other half are earning more than 59,000 SEK. 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 people working in Executive and Management are earning less than 35,600 SEK while 75% of them are earning more than 35,600 SEK. Also from the diagram, 75% of people working in Executive and Management are earning less than 76,700 SEK while 25% are earning more than 76,700 SEK.


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

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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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.


Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.

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.

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.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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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.


Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

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.


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 Sweden costs anywhere from 226,000 Swedish Krona(s) to 677,000 Swedish Krona(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.

Executive and Management Salary Comparison By Gender

Salary comparison by gender monthly Sweden Executive and Management
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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 employees in Sweden who work in Executive and Management earn 5% more than their female counterparts on average.

Female
60,100 SEK
Male+5%
63,000 SEK
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Sweden for all Careers

Salary comparison by gender monthly Sweden
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Executive and Management Average Annual Salary Increment Percentage in Sweden

How much are annual salary increments in Sweden for Executive and Management professionals? How often do employees get salary raises?

Executive and Management

Executive and Management professionals in Sweden are likely to observe a salary increase of approximately 11% every 13 months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.

Annual Salary Increment Rate Sweden Executive and Management
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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.

Sweden / 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 Sweden is 6%.

Annual Increment Rate By Industry 2019

Banking
2%
Energy
4%
Information Technology
6%
Healthcare
8%
Travel
1%
Construction
3%
Education
5%

Listed above are the average annual increase rates for each industry in Sweden 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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Executive and Management Bonus and Incentive Rates in Sweden

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Sweden Executive and Management
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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.

22% of surveyed staff in Executive and Management reported that they haven't received any bonuses or incentives in the previous year while 78% 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
78%
No Bonus
22%

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 Sweden
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Where can you get paid more, working for a private company or for the government? Public sector employees in Sweden earn 5% more than their private sector counterparts on average across all sectors.

Private Sector
44,100 SEK
Public Sector+5%
46,100 SEK
Percentage increase and decrease are relative to the previous value

Executive and Management Hourly Average Wage in Sweden


350 SEK per hour

The average hourly wage (pay per hour) in Sweden is 350 SEK. This means that the average person in Sweden earns approximately 350 SEK 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.

Executive and Management VS Other Jobs

Salary Comparison Between Executive and Management and Executive and Management monthly Sweden
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The average salary for Executive and Management is 36% more than that of All Jobs.

Salary Comparison By City

CityAverage Salary
Goteborg61,600 SEK
Malmo55,600 SEK
Stockholm67,100 SEK
68475 - 36

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