A person working as a Chief Executive Officer in Thailand typically earns around 221,000 THB per month. Salaries range from 108,000 THB (lowest) to 344,000 THB (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 Thailand range from 108,000 THB per month (minimum salary) to 344,000 THB per month (maximum salary).
The median salary is 225,000 THB per month, which means that half (50%) of people working as Chief Executive Officer(s) are earning less than 225,000 THB while the other half are earning more than 225,000 THB. 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 150,000 THB while 75% of them are earning more than 150,000 THB. Also from the diagram, 75% of Chief Executive Officer(s) are earning less than 290,000 THB while 25% are earning more than 290,000 THB.
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 128,000 THB per month.
While someone with an experience level between two and five years is expected to earn 165,000 THB per month, 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 227,000 THB per month, 38% 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 282,000 THB per month, 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 302,000 THB per month, 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 322,000 THB per month, 7% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+29%|
|5 - 10 Years||+38%|
|10 - 15 Years||+24%|
|15 - 20 Years||+7%|
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 125,000 THB per month.
While someone with a Certificate or Diploma gets a salary of 148,000 THB per month, 19% more than someone having a High School degree.
A Bachelor's Degree gets its holder an average salary of 188,000 THB per month, 27% more than someone with a Certificate or Diploma.
Professionals who hold a Master's Degree are rewarded with an average salary of 288,000 THB per month, 53% more than someone with Bachelor's Degree.
PhD holders are compensated with wage equivelant to 342,000 THB per month, 19% more than someone with Master's Degree.
|Certificate or Diploma||+19%|
A Master's degree program or any post-graduate program in Thailand costs anywhere from 485,000 Baht(s) to 1,450,000 Baht(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 Thailand earn 9% more than their female counterparts on average.
Chief Executive Officer(s) in Thailand are likely to observe a salary increase of approximately 14% every 17 months. The national average annual increment for all professions combined is 8% granted to employees every 17 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 Thailand 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.
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.
16% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 84% 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.
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 68% more than that of Executive and Management. Also, Executive and Management salaries are 35% more than those of All Jobs.
|Job Title||Average Salary|
|Account Coordinator||92,000 THB||-58%|
|Administration Manager||117,000 THB||-47%|
|Area Manager||102,000 THB||-54%|
|Asset Protection Associate||125,000 THB||-43%|
|Assistant Director||117,000 THB||-47%|
|Assistant Manager||123,000 THB||-44%|
|Assistant Operations Manager||136,000 THB||-38%|
|Assistant Project Manager||115,000 THB||-48%|
|Assistant Section Head||98,100 THB||-56%|
|Assistant to CEO||103,000 THB||-53%|
|Assistant Vice President||129,000 THB||-42%|
|Associate Director||115,000 THB||-48%|
|Bid Manager||132,000 THB||-40%|
|Branch Manager||124,000 THB||-44%|
|Business Development Manager||140,000 THB||-37%|
|Business Operations Associate||114,000 THB||-48%|
|Business Operations Lead||120,000 THB||-46%|
|Campaign Manager||129,000 THB||-42%|
|Chairman of The Board||228,000 THB||+3%|
|Chairman Office Manager||137,000 THB||-38%|
|Chief Corporate Officer||180,000 THB||-18%|
|Chief Executive Officer||221,000 THB||+0%|
|Chief Financial Officer||204,000 THB||-8%|
|Chief of Staff||108,000 THB||-51%|
|Chief Operating Officer||168,000 THB||-24%|
|Chief Risk Officer||140,000 THB||-37%|
|Client Services Manager||151,000 THB||-32%|
|Commercial Project Manager||121,000 THB||-45%|
|Commodity Broker||89,700 THB||-59%|
|Corporate Affairs Executive||131,000 THB||-41%|
|Corporate Compliance Director||148,000 THB||-33%|
|Corporate Director||158,000 THB||-28%|
|Corporate Officer||108,000 THB||-51%|
|Corporate Partnerships Officer||108,000 THB||-51%|
|Country Manager||182,000 THB||-18%|
|Deputy Director||165,000 THB||-25%|
|Director of Accreditation||142,000 THB||-36%|
|Director of Catering Services||130,000 THB||-41%|
|Director of Client Services||140,000 THB||-37%|
|Director of Facilities Management||121,000 THB||-45%|
|Director of Operations||150,000 THB||-32%|
|Director of Process Simplification||119,000 THB||-46%|
|Director of Project Management||154,000 THB||-30%|
|Director of Revenue Management||131,000 THB||-41%|
|Director of Training and Development||146,000 THB||-34%|
|Distribution Manager||159,000 THB||-28%|
|Division Manager||132,000 THB||-40%|
|Duty Manager||131,000 THB||-41%|
|Engagement Manager||151,000 THB||-32%|
|Executive Director||209,000 THB||-5%|
|Executive Manager||174,000 THB||-21%|
|Franchise Manager||186,000 THB||-16%|
|General Manager||168,000 THB||-24%|
|Global Master Data Manager||159,000 THB||-28%|
|Head of Middle Office||134,000 THB||-39%|
|Head of Projects||148,000 THB||-33%|
|Head of Sustainability||119,000 THB||-46%|
|Housing Manager||118,000 THB||-47%|
|HSE Manager||118,000 THB||-47%|
|Key Account Manager||128,000 THB||-42%|
|Knowledge Manager||140,000 THB||-37%|
|Location Manager||142,000 THB||-36%|
|Logistics Manager||114,000 THB||-48%|
|Management Consultant||116,000 THB||-47%|
|Management Executive||163,000 THB||-26%|
|Managing Director||178,000 THB||-19%|
|MIS Executive||150,000 THB||-32%|
|Ocean Services Manager||157,000 THB||-29%|
|Operations Assistant||109,000 THB||-51%|
|Operations Director||162,000 THB||-27%|
|Operations Executive||166,000 THB||-25%|
|Operations Manager||159,000 THB||-28%|
|Operations Supervisor||134,000 THB||-39%|
|Policy Administration Executive||124,000 THB||-44%|
|Private Sector Executive||137,000 THB||-38%|
|Product Development Manager||153,000 THB||-31%|
|Product Executive||133,000 THB||-40%|
|Production Executive||154,000 THB||-30%|
|Production Manager||144,000 THB||-35%|
|Production Supervisor||133,000 THB||-40%|
|Program Manager||153,000 THB||-31%|
|Programme Coordinator||106,000 THB||-52%|
|Project Control Manager||160,000 THB||-28%|
|Project Coordinator||93,500 THB||-58%|
|Project Management Officer||109,000 THB||-51%|
|Project Manager||117,000 THB||-47%|
|Project Portfolio Manager||125,000 THB||-43%|
|Quality Manager||115,000 THB||-48%|
|R/D Director||133,000 THB||-40%|
|Regional Director||199,000 THB||-10%|
|Regional Manager||151,000 THB||-32%|
|Relationship Manager||146,000 THB||-34%|
|Retail District Manager||104,000 THB||-53%|
|Revenue Manager||119,000 THB||-46%|
|Risk and Capital Manager||166,000 THB||-25%|
|Risk Officer||113,000 THB||-49%|
|Safety Manager||110,000 THB||-50%|
|Section Head||109,000 THB||-51%|
|Service Manager||118,000 THB||-47%|
|Shift Supervisor||90,300 THB||-59%|
|Solutions Manager||103,000 THB||-53%|
|Supply Chain Manager||153,000 THB||-31%|
|Technical Manager||137,000 THB||-38%|
|Territory Manager||152,000 THB||-31%|
|Validation Manager||132,000 THB||-40%|
|Vice President||183,000 THB||-17%|
|Zone Manager||160,000 THB||-28%|
|Bangkok (Krung Thep)||249,000 THB|
|Chiang Mai||229,000 THB|
Where can you get paid more, working for a private company or for the government? Public sector employees in Thailand earn 7% more than their private sector counterparts on average across all sectors.