A person working in Executive and Management in Sweden typically earns around 61,100 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.
|Job Title||Average Salary|
|Account Coordinator||41,600 SEK|
|Administration Manager||52,900 SEK|
|Area Manager||48,300 SEK|
|Asset Protection Associate||58,000 SEK|
|Assistant Director||53,400 SEK|
|Assistant Manager||59,900 SEK|
|Assistant Operations Manager||61,500 SEK|
|Assistant Project Manager||56,400 SEK|
|Assistant Section Head||47,600 SEK|
|Assistant to CEO||51,400 SEK|
|Assistant Vice President||57,200 SEK|
|Associate Director||56,600 SEK|
|Bid Manager||64,500 SEK|
|Branch Manager||61,400 SEK|
|Business Development Manager||67,600 SEK|
|Business Operations Associate||57,300 SEK|
|Business Operations Lead||54,000 SEK|
|Campaign Manager||58,100 SEK|
|Chairman of The Board||105,000 SEK|
|Chairman Office Manager||69,500 SEK|
|Chief Corporate Officer||86,000 SEK|
|Chief Executive Officer||108,000 SEK|
|Chief Financial Officer||92,200 SEK|
|Chief of Staff||50,000 SEK|
|Chief Operating Officer||81,900 SEK|
|Chief Risk Officer||65,100 SEK|
|Client Services Manager||69,500 SEK|
|Commercial Project Manager||58,000 SEK|
|Commodity Broker||43,600 SEK|
|Corporate Affairs Executive||61,900 SEK|
|Corporate Compliance Director||71,600 SEK|
|Corporate Director||68,700 SEK|
|Corporate Officer||46,900 SEK|
|Corporate Partnerships Officer||50,800 SEK|
|Country Manager||83,900 SEK|
|Deputy Director||71,600 SEK|
|Director of Accreditation||67,800 SEK|
|Director of Catering Services||61,500 SEK|
|Director of Client Services||70,300 SEK|
|Director of Facilities Management||56,800 SEK|
|Director of Operations||71,200 SEK|
|Director of Process Simplification||55,300 SEK|
|Director of Project Management||69,600 SEK|
|Director of Revenue Management||66,500 SEK|
|Director of Training and Development||67,900 SEK|
|Distribution Manager||73,300 SEK|
|Division Manager||62,800 SEK|
|Duty Manager||57,200 SEK|
|Engagement Manager||74,900 SEK|
|Executive Director||106,000 SEK|
|Executive Manager||84,600 SEK|
|Franchise Manager||89,600 SEK|
|General Manager||84,900 SEK|
|Global Master Data Manager||73,800 SEK|
|Head of Middle Office||65,300 SEK|
|Head of Projects||66,800 SEK|
|Head of Sustainability||58,300 SEK|
|Housing Manager||57,900 SEK|
|HSE Manager||57,500 SEK|
|Key Account Manager||58,200 SEK|
|Knowledge Manager||70,100 SEK|
|Location Manager||67,200 SEK|
|Logistics Manager||52,700 SEK|
|Management Consultant||58,100 SEK|
|Management Executive||75,900 SEK|
|Managing Director||80,400 SEK|
|MIS Executive||68,800 SEK|
|Ocean Services Manager||76,300 SEK|
|Operations Assistant||52,100 SEK|
|Operations Director||79,900 SEK|
|Operations Executive||78,500 SEK|
|Operations Manager||77,400 SEK|
|Operations Supervisor||67,500 SEK|
|Policy Administration Executive||57,400 SEK|
|Private Sector Executive||62,100 SEK|
|Product Development Manager||72,500 SEK|
|Product Executive||60,600 SEK|
|Production Executive||68,800 SEK|
|Production Manager||71,500 SEK|
|Production Supervisor||59,900 SEK|
|Program Manager||75,200 SEK|
|Programme Coordinator||50,900 SEK|
|Project Control Manager||69,600 SEK|
|Project Coordinator||45,300 SEK|
|Project Management Officer||51,500 SEK|
|Project Manager||51,700 SEK|
|Project Portfolio Manager||58,600 SEK|
|Quality Manager||56,200 SEK|
|R/D Director||62,200 SEK|
|Regional Director||96,400 SEK|
|Regional Manager||70,000 SEK|
|Relationship Manager||70,200 SEK|
|Retail District Manager||47,200 SEK|
|Revenue Manager||54,500 SEK|
|Risk and Capital Manager||81,600 SEK|
|Risk Officer||55,000 SEK|
|Safety Manager||52,000 SEK|
|Section Head||54,400 SEK|
|Service Manager||55,700 SEK|
|Shift Supervisor||41,800 SEK|
|Solutions Manager||51,800 SEK|
|Supply Chain Manager||75,700 SEK|
|Technical Manager||65,300 SEK|
|Territory Manager||67,700 SEK|
|Validation Manager||60,900 SEK|
|Vice President||87,000 SEK|
|Zone Manager||75,700 SEK|
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).
The median salary is 58,600 SEK per month, which means that half (50%) of people working in Executive and Management are earning less than 58,600 SEK while the other half are earning more than 58,600 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.
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 35,400 SEK while 75% of them are earning more than 35,400 SEK. Also from the diagram, 75% of people working in Executive and Management are earning less than 76,500 SEK while 25% are earning more than 76,500 SEK.
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 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.
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.
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.
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 Sweden for the year 2020. 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.
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.
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.
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 35% more than that of All Jobs.
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.