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Executive and Management Average Salaries in Zimbabwe 2022

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


Average Monthly Salary
293,000 ZWD
( 3,520,000 ZWD yearly)

LOW
96,800
ZWD
AVERAGE
293,000
ZWD
HIGH
484,000
ZWD

A person working in Executive and Management in Zimbabwe typically earns around 293,000 ZWD per month. Salaries range from 96,800 ZWD (lowest average) to 484,000 ZWD (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 Coordinator198,000 ZWD
Administration Manager241,000 ZWD
Area Manager226,000 ZWD
Asset Protection Associate267,000 ZWD
Assistant Director240,000 ZWD
Assistant Manager268,000 ZWD
Assistant Operations Manager287,000 ZWD
Assistant Project Manager243,000 ZWD
Assistant Section Head220,000 ZWD
Assistant to CEO224,000 ZWD
Assistant Vice President267,000 ZWD
Associate Director256,000 ZWD
Bid Manager295,000 ZWD
Branch Manager277,000 ZWD
Business Development Manager316,000 ZWD
Business Operations Associate258,000 ZWD
Business Operations Lead252,000 ZWD
Campaign Manager293,000 ZWD
Chairman of The Board487,000 ZWD
Chairman Office Manager303,000 ZWD
Chief Corporate Officer376,000 ZWD
Chief Executive Officer505,000 ZWD
Chief Financial Officer429,000 ZWD
Chief of Staff220,000 ZWD
Chief Operating Officer358,000 ZWD
Chief Risk Officer306,000 ZWD
Client Services Manager323,000 ZWD
Commercial Project Manager259,000 ZWD
Commodity Broker201,000 ZWD
Corporate Affairs Executive277,000 ZWD
Corporate Compliance Director324,000 ZWD
Corporate Director322,000 ZWD
Corporate Officer220,000 ZWD
Corporate Partnerships Officer236,000 ZWD
Country Manager390,000 ZWD
Deputy Director347,000 ZWD
Director370,000 ZWD
Director of Accreditation307,000 ZWD
Director of Catering Services288,000 ZWD
Director of Client Services310,000 ZWD
Director of Facilities Management275,000 ZWD
Director of Operations323,000 ZWD
Director of Process Simplification265,000 ZWD
Director of Project Management324,000 ZWD
Director of Revenue Management289,000 ZWD
Director of Training and Development319,000 ZWD
Distribution Manager322,000 ZWD
Division Manager285,000 ZWD
Duty Manager280,000 ZWD
Engagement Manager346,000 ZWD
Executive Director484,000 ZWD
Executive Manager400,000 ZWD
Franchise Manager410,000 ZWD
General Manager361,000 ZWD
Global Master Data Manager347,000 ZWD
Head of Middle Office315,000 ZWD
Head of Projects311,000 ZWD
Head of Sustainability282,000 ZWD
Housing Manager265,000 ZWD
HSE Manager266,000 ZWD
Key Account Manager283,000 ZWD
Knowledge Manager316,000 ZWD
Location Manager298,000 ZWD
Logistics Manager256,000 ZWD
Management Consultant256,000 ZWD
Management Executive364,000 ZWD
Manager321,000 ZWD
Managing Director405,000 ZWD
MIS Executive338,000 ZWD
Ocean Services Manager353,000 ZWD
Operations Assistant236,000 ZWD
Operations Director361,000 ZWD
Operations Executive368,000 ZWD
Operations Manager374,000 ZWD
Operations Supervisor311,000 ZWD
Policy Administration Executive264,000 ZWD
Private Sector Executive289,000 ZWD
Product Development Manager339,000 ZWD
Product Executive285,000 ZWD
Production Executive336,000 ZWD
Production Manager311,000 ZWD
Production Supervisor273,000 ZWD
Program Manager351,000 ZWD
Programme Coordinator228,000 ZWD
Project Control Manager333,000 ZWD
Project Coordinator205,000 ZWD
Project Management Officer236,000 ZWD
Project Manager236,000 ZWD
Project Portfolio Manager252,000 ZWD
Quality Manager265,000 ZWD
R/D Director295,000 ZWD
Regional Director426,000 ZWD
Regional Manager348,000 ZWD
Relationship Manager321,000 ZWD
Retail District Manager225,000 ZWD
Revenue Manager268,000 ZWD
Risk and Capital Manager352,000 ZWD
Risk Officer246,000 ZWD
Safety Manager233,000 ZWD
Section Head237,000 ZWD
Service Manager270,000 ZWD
Shift Supervisor208,000 ZWD
Solutions Manager234,000 ZWD
Supervisor208,000 ZWD
Supply Chain Manager342,000 ZWD
Surveyor229,000 ZWD
Technical Manager302,000 ZWD
Territory Manager330,000 ZWD
Validation Manager289,000 ZWD
Vice President386,000 ZWD
Zone Manager347,000 ZWD

Executive and Management Jobs Salary Distribution in Zimbabwe

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

  • Salary Range

    Executive and Management salaries in Zimbabwe range from 96,800 ZWD per month (minimum average salary) to 484,000 ZWD per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 317,000 ZWD per month, which means that half (50%) of people working in Executive and Management are earning less than 317,000 ZWD while the other half are earning more than 317,000 ZWD. 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 186,000 ZWD while 75% of them are earning more than 186,000 ZWD. Also from the diagram, 75% of people working in Executive and Management are earning less than 432,000 ZWD while 25% are earning more than 432,000 ZWD.


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 Zimbabwe costs anywhere from 1,080,000 Zimbabwe Dollar(s) to 3,250,000 Zimbabwe Dollar(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 Zimbabwe 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 Zimbabwe who work in Executive and Management earn 13% more than their female counterparts on average.

Male
311,000 ZWD
Female-11%
276,000 ZWD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Zimbabwe for all Careers

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

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

Executive and Management

Executive and Management professionals in Zimbabwe are likely to observe a salary increase of approximately 7% every 26 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.

Annual Salary Increment Rate Zimbabwe 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.

Zimbabwe / 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 Zimbabwe is 2%.

Annual Increment Rate By Industry 2021

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

Listed above are the average annual increase rates for each industry in Zimbabwe for the year 2021. 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 Zimbabwe

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Zimbabwe 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.

36% of surveyed staff in Executive and Management reported that they haven't received any bonuses or incentives in the previous year while 64% 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
64%
No Bonus
36%

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.

Executive and Management Hourly Average Wage in Zimbabwe


1,690 ZWD per hour

The average hourly wage (pay per hour) in Zimbabwe is 1,690 ZWD. This means that the average person in Zimbabwe earns approximately 1,690 ZWD 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 Zimbabwe
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The average salary for Executive and Management is 35% more than that of All Jobs.

Salary Comparison By City

CityAverage Salary
Bulawayo296,000 ZWD
Harare310,000 ZWD

Government vs Private Sector Salary Comparison

Where can you get paid more, working for a private company or for the government? Public sector employees in Zimbabwe earn 25% more than their private sector counterparts on average across all sectors.

Private Sector
193,000 ZWD
Public Sector+25%
241,000 ZWD
Percentage increase and decrease are relative to the previous value

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