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Managing Director Average Salary in Switzerland 2020

How much money does a Managing Director make in Switzerland?


Average Yearly Salary
353,000 CHF
( 29,400 CHF monthly)

LOW
173,000
CHF
AVERAGE
353,000
CHF
HIGH
550,000
CHF

A person working as a Managing Director in Switzerland typically earns around 353,000 CHF per year. Salaries range from 173,000 CHF (lowest) to 550,000 CHF (highest).

This is the average yearly salary including housing, transport, and other benefits. Managing Director salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Managing Director Salary Distribution in Switzerland

Median and salary distribution yearly Switzerland Managing Director
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The median, the maximum, the minimum, and the range

  • Salary Range

    Managing Director salaries in Switzerland range from 173,000 CHF per year (minimum salary) to 550,000 CHF per year (maximum salary).

  • Median Salary

    The median salary is 360,000 CHF per year, which means that half (50%) of people working as Managing Director(s) are earning less than 360,000 CHF while the other half are earning more than 360,000 CHF. 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 Managing Director(s) are earning less than 240,000 CHF while 75% of them are earning more than 240,000 CHF. Also from the diagram, 75% of Managing Director(s) are earning less than 464,000 CHF while 25% are earning more than 464,000 CHF.


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

Managing Director Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience yearly Switzerland Managing Director
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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 Managing Director salaries by experience level and this is what we found.

A Managing Director with less than two years of experience makes approximately 205,000 CHF per year.

While someone with an experience level between two and five years is expected to earn 263,000 CHF per year, 29% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 364,000 CHF per year, 38% 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, Managing Director(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 450,000 CHF per year, 24% 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 482,000 CHF per year, 7% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 515,000 CHF per year, 7% more than people with fifteen to twenty years of experience.


Managing Director average salary change by experience in Switzerland

0 - 2 Years
205,000 CHF
2 - 5 Years+29%
263,000 CHF
5 - 10 Years+38%
364,000 CHF
10 - 15 Years+24%
450,000 CHF
15 - 20 Years+7%
482,000 CHF
20+ Years+7%
515,000 CHF
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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Managing Director Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Managing Director(s) who have the same experience but different education levels.

Salary comparison by education level yearly Switzerland Managing Director
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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 Managing Director salaries by education level in order to make a comparison.

When the education level is High School, the average salary of a Managing Director is 256,000 CHF per year.

While someone with a Certificate or Diploma gets a salary of 294,000 CHF per year, 15% more than someone having a High School degree.

A Bachelor's Degree gets its holder an average salary of 396,000 CHF per year, 35% more than someone with a Certificate or Diploma.

Professionals who hold a Master's Degree are rewarded with an average salary of 498,000 CHF per year, 26% more than someone with Bachelor's Degree.


Managing Director average salary difference by education level in Switzerland

High School
256,000 CHF
Certificate or Diploma+15%
294,000 CHF
Bachelor's Degree+35%
396,000 CHF
Master's Degree+26%
498,000 CHF
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 Switzerland costs anywhere from 81,300 Swiss Franc(s) to 244,000 Swiss Franc(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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Managing Director Salary Comparison By Gender

Salary comparison by gender yearly Switzerland Managing Director
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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 Managing Director employees in Switzerland earn 4% more than their female counterparts.

Female
345,000 CHF
Male+4%
360,000 CHF
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Switzerland for all Careers

Salary comparison by gender yearly Switzerland
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Managing Director Average Annual Salary Increment Percentage in Switzerland

How much are annual salary increments in Switzerland for Managing Director(s)? How often do employees get salary raises?

Managing Director

Managing Director(s) in Switzerland are likely to observe a salary increase of approximately 14% every 15 months. The national average annual increment for all professions combined is 9% granted to employees every 15 months.

Annual Salary Increment Rate Switzerland Managing Director
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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.

Switzerland / All Professions

Annual Salary Increment Rate Switzerland
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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 Switzerland is 7%.

Annual Increment Rate By Industry 2019

Banking
3%
Energy
6%
Information Technology
9%
Healthcare
3%
Travel
6%
Construction
9%
Education
3%

Listed above are the average annual increase rates for each industry in Switzerland 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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Managing Director Bonus and Incentive Rates in Switzerland

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Switzerland Managing Director
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A Managing Director 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 yearly Switzerland
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Where can you get paid more, working for a private company or for the government? Public sector Managing Director employees in Switzerland earn 4% more than their private sector counterparts.

Private Sector
191,000 CHF
Public Sector+4%
199,000 CHF
Percentage increase and decrease are relative to the previous value

Managing Director Salary Trend and Forecast in Switzerland

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

Salary trends and forecast yearly Switzerland Managing Director
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Average Salary 2016
313,000 CHF
Average Salary 2017+4%
325,000 CHF
Average Salary 2018+3%
334,000 CHF
Average Salary 2019+2%
340,000 CHF
Percentage increase and decrease are relative to the previous value

Managing Director salaries in Switzerland are on the rise in the year 2020 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 2% 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.

Managing Director Average Hourly Wage in Switzerland


170 CHF per hour

The average hourly wage (pay per hour) in Switzerland is 170 CHF. This means that the average Managing Director in Switzerland earns approximately 170 CHF 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.

Managing Director VS Other Jobs

Salary Comparison Between Managing Director and Executive and Management yearly Switzerland
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The average salary for Managing Director is 33% 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 Coordinator195,000 CHF-45%
Administration Manager221,000 CHF-37%
Area Manager210,000 CHF-40%
Asset Protection Associate245,000 CHF-31%
Assistant Director230,000 CHF-35%
Assistant Manager243,000 CHF-31%
Assistant Operations Manager265,000 CHF-25%
Assistant Project Manager228,000 CHF-35%
Assistant Section Head193,000 CHF-45%
Assistant to CEO222,000 CHF-37%
Assistant Vice President260,000 CHF-26%
Associate Director245,000 CHF-31%
Bid Manager270,000 CHF-23%
Branch Manager265,000 CHF-25%
Business Development Manager279,000 CHF-21%
Business Operations Associate235,000 CHF-33%
Business Operations Lead245,000 CHF-31%
Campaign Manager255,000 CHF-28%
Chairman of The Board429,000 CHF+22%
Chairman Office Manager285,000 CHF-19%
Chief Corporate Officer355,000 CHF+1%
Chief Executive Officer468,000 CHF+33%
Chief Financial Officer417,000 CHF+18%
Chief of Staff218,000 CHF-38%
Chief Operating Officer302,000 CHF-14%
Chief Risk Officer299,000 CHF-15%
Client Services Manager284,000 CHF-20%
Commercial Project Manager247,000 CHF-30%
Commodity Broker186,000 CHF-47%
Corporate Affairs Executive278,000 CHF-21%
Corporate Compliance Director281,000 CHF-20%
Corporate Director298,000 CHF-16%
Corporate Officer204,000 CHF-42%
Corporate Partnerships Officer207,000 CHF-41%
Country Manager343,000 CHF-3%
Deputy Director311,000 CHF-12%
Director350,000 CHF-1%
Director of Accreditation295,000 CHF-16%
Director of Catering Services268,000 CHF-24%
Director of Client Services279,000 CHF-21%
Director of Facilities Management247,000 CHF-30%
Director of Operations295,000 CHF-16%
Director of Process Simplification226,000 CHF-36%
Director of Project Management316,000 CHF-10%
Director of Revenue Management272,000 CHF-23%
Director of Training and Development296,000 CHF-16%
Distribution Manager320,000 CHF-9%
Division Manager260,000 CHF-26%
Duty Manager265,000 CHF-25%
Engagement Manager302,000 CHF-14%
Executive Director420,000 CHF+19%
Executive Manager372,000 CHF+5%
Franchise Manager395,000 CHF+12%
General Manager336,000 CHF-5%
Global Master Data Manager322,000 CHF-9%
Head of Middle Office268,000 CHF-24%
Head of Projects303,000 CHF-14%
Head of Sustainability240,000 CHF-32%
Housing Manager242,000 CHF-31%
HSE Manager245,000 CHF-31%
Key Account Manager242,000 CHF-31%
Knowledge Manager287,000 CHF-19%
Location Manager269,000 CHF-24%
Logistics Manager242,000 CHF-31%
Management Consultant230,000 CHF-35%
Management Executive310,000 CHF-12%
Manager312,000 CHF-12%
Managing Director353,000 CHF+0%
MIS Executive306,000 CHF-13%
Ocean Services Manager309,000 CHF-12%
Operations Assistant215,000 CHF-39%
Operations Director345,000 CHF-2%
Operations Executive325,000 CHF-8%
Operations Manager318,000 CHF-10%
Operations Supervisor286,000 CHF-19%
Policy Administration Executive255,000 CHF-28%
Private Sector Executive268,000 CHF-24%
Product Development Manager300,000 CHF-15%
Product Executive252,000 CHF-29%
Production Executive302,000 CHF-14%
Production Manager309,000 CHF-12%
Production Supervisor250,000 CHF-29%
Program Manager325,000 CHF-8%
Programme Coordinator217,000 CHF-38%
Project Control Manager313,000 CHF-11%
Project Coordinator178,000 CHF-50%
Project Management Officer206,000 CHF-42%
Project Manager227,000 CHF-36%
Project Portfolio Manager235,000 CHF-33%
Quality Manager247,000 CHF-30%
R/D Director262,000 CHF-26%
Regional Director425,000 CHF+20%
Regional Manager301,000 CHF-15%
Relationship Manager309,000 CHF-12%
Retail District Manager221,000 CHF-37%
Revenue Manager242,000 CHF-31%
Risk and Capital Manager330,000 CHF-6%
Risk Officer223,000 CHF-37%
Safety Manager234,000 CHF-34%
Section Head235,000 CHF-33%
Service Manager242,000 CHF-31%
Shift Supervisor179,000 CHF-49%
Solutions Manager212,000 CHF-40%
Supervisor176,000 CHF-50%
Supply Chain Manager327,000 CHF-7%
Surveyor204,000 CHF-42%
Technical Manager293,000 CHF-17%
Territory Manager298,000 CHF-16%
Validation Manager258,000 CHF-27%
Vice President348,000 CHF-1%
Zone Manager303,000 CHF-14%

Salary Comparison By City

CityAverage Salary
Basel400,000 CHF
Bern357,000 CHF
Biel335,000 CHF
Geneve399,000 CHF
Lausanne373,000 CHF
Lugano334,000 CHF
Luzern340,000 CHF
St. Gallen360,000 CHF
Winterthur366,000 CHF
Zurich397,000 CHF
160833 - 6

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