Executive and Management Average Salaries in Croatia 2020
How much money does a person working in Executive and Management make in Croatia?
LOW
6,630
HRK AVERAGE
20,200
HRK HIGH
33,100
HRK
A person working in Executive and Management in Croatia typically earns around 20,200 HRK per month. Salaries range from 6,630 HRK (lowest average) to 33,100 HRK (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 Title | Average Salary |
| Account Coordinator | 13,100 HRK |
| Administration Manager | 16,400 HRK |
| Area Manager | 14,800 HRK |
| Asset Protection Associate | 18,700 HRK |
| Assistant Director | 17,200 HRK |
| Assistant Manager | 17,600 HRK |
| Assistant Operations Manager | 18,700 HRK |
| Assistant Project Manager | 17,500 HRK |
| Assistant Section Head | 14,700 HRK |
| Assistant to CEO | 16,400 HRK |
| Assistant Vice President | 19,000 HRK |
| Associate Director | 17,100 HRK |
| Bid Manager | 18,700 HRK |
| Branch Manager | 18,500 HRK |
| Business Development Manager | 21,000 HRK |
| Business Operations Associate | 17,600 HRK |
| Business Operations Lead | 17,300 HRK |
| Campaign Manager | 18,900 HRK |
| Chairman of The Board | 32,500 HRK |
| Chairman Office Manager | 20,400 HRK |
| Chief Corporate Officer | 25,300 HRK |
| Chief Executive Officer | 34,200 HRK |
| Chief Financial Officer | 29,600 HRK |
| Chief of Staff | 15,000 HRK |
| Chief Operating Officer | 24,500 HRK |
| Chief Risk Officer | 21,700 HRK |
| Client Services Manager | 21,500 HRK |
| Commercial Project Manager | 18,600 HRK |
| Commodity Broker | 14,100 HRK |
| Corporate Affairs Executive | 19,500 HRK |
| Corporate Compliance Director | 22,400 HRK |
| Corporate Director | 22,500 HRK |
| Corporate Officer | 15,400 HRK |
| Corporate Partnerships Officer | 15,200 HRK |
| Country Manager | 26,000 HRK |
| Deputy Director | 22,200 HRK |
| Director | 25,700 HRK |
| Director of Accreditation | 21,900 HRK |
| Director of Catering Services | 18,800 HRK |
| Director of Client Services | 21,900 HRK |
| Director of Facilities Management | 18,200 HRK |
| Director of Operations | 21,900 HRK |
| Director of Process Simplification | 17,300 HRK |
| Director of Project Management | 22,300 HRK |
| Director of Revenue Management | 19,500 HRK |
| Director of Training and Development | 21,500 HRK |
| Distribution Manager | 22,000 HRK |
| Division Manager | 19,400 HRK |
| Duty Manager | 18,200 HRK |
| Engagement Manager | 22,300 HRK |
| Executive Director | 33,400 HRK |
| Executive Manager | 27,000 HRK |
| Franchise Manager | 28,300 HRK |
| General Manager | 25,300 HRK |
| Global Master Data Manager | 23,400 HRK |
| Head of Middle Office | 20,500 HRK |
| Head of Projects | 21,400 HRK |
| Head of Sustainability | 18,300 HRK |
| Housing Manager | 16,800 HRK |
| HSE Manager | 18,600 HRK |
| Key Account Manager | 19,000 HRK |
| Knowledge Manager | 21,500 HRK |
| Location Manager | 21,000 HRK |
| Logistics Manager | 16,600 HRK |
| Management Consultant | 18,100 HRK |
| Management Executive | 23,700 HRK |
| Manager | 22,800 HRK |
| Managing Director | 26,200 HRK |
| MIS Executive | 23,100 HRK |
| Ocean Services Manager | 23,500 HRK |
| Operations Assistant | 16,000 HRK |
| Operations Director | 24,100 HRK |
| Operations Executive | 22,900 HRK |
| Operations Manager | 24,300 HRK |
| Operations Supervisor | 20,400 HRK |
| Policy Administration Executive | 19,400 HRK |
| Private Sector Executive | 18,900 HRK |
| Product Development Manager | 21,100 HRK |
| Product Executive | 18,900 HRK |
| Production Executive | 22,200 HRK |
| Production Manager | 22,800 HRK |
| Production Supervisor | 18,600 HRK |
| Program Manager | 23,700 HRK |
| Programme Coordinator | 16,300 HRK |
| Project Control Manager | 22,500 HRK |
| Project Coordinator | 14,200 HRK |
| Project Management Officer | 15,200 HRK |
| Project Manager | 15,700 HRK |
| Project Portfolio Manager | 18,200 HRK |
| Quality Manager | 17,900 HRK |
| R/D Director | 20,200 HRK |
| Regional Director | 29,100 HRK |
| Regional Manager | 21,800 HRK |
| Relationship Manager | 22,200 HRK |
| Retail District Manager | 14,900 HRK |
| Revenue Manager | 18,300 HRK |
| Risk and Capital Manager | 25,400 HRK |
| Risk Officer | 16,200 HRK |
| Safety Manager | 16,400 HRK |
| Section Head | 17,300 HRK |
| Service Manager | 17,800 HRK |
| Shift Supervisor | 13,000 HRK |
| Solutions Manager | 15,900 HRK |
| Supervisor | 13,200 HRK |
| Supply Chain Manager | 22,900 HRK |
| Surveyor | 15,700 HRK |
| Technical Manager | 20,800 HRK |
| Territory Manager | 21,800 HRK |
| Validation Manager | 18,600 HRK |
| Vice President | 27,200 HRK |
| Zone Manager | 22,400 HRK |
Executive and Management Jobs Salary Distribution in Croatia
The median, the maximum, the minimum, and the range
Salary Range
Executive and Management salaries in Croatia range from 6,630 HRK per month (minimum average salary) to 33,100 HRK per month (maximum average salary, actual maximum is higher).
Median Salary
The median salary is 21,800 HRK per month, which means that half (50%) of people working in Executive and Management are earning less than 21,800 HRK while the other half are earning more than 21,800 HRK. 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 12,800 HRK while 75% of them are earning more than 12,800 HRK. Also from the diagram, 75% of people working in Executive and Management are earning less than 29,700 HRK while 25% are earning more than 29,700 HRK.
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?
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.
Salary Comparison By Education
How does the education level affect your salary?
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.
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 Croatia costs anywhere from 74,200 Croatian Kuna(s) to 223,000 Croatian Kuna(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
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees in Croatia who work in Executive and Management earn 10% more than their female counterparts on average.
| Female | 19,200 HRK | |
| Male | +10% | 21,200 HRK |
Salary Comparison By Gender in Croatia for all Careers
Executive and Management Average Annual Salary Increment Percentage in Croatia
How much are annual salary increments in Croatia for Executive and Management professionals? How often do employees get salary raises?
Executive and Management
Executive and Management professionals in Croatia are likely to observe a salary increase of approximately 12% every 14 months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.
Croatia / 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
Annual Increment Rate By Industry 2019
| 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 Croatia 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
Executive and Management Bonus and Incentive Rates in Croatia
How much and how often are bonuses being awarded?
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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.
19% of surveyed staff in Executive and Management reported that they haven't received any bonuses or incentives in the previous year while 81% 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 | 81% | |
| No Bonus | 19% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese 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 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. |
Example: | Example: |
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.
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
Where can you get paid more, working for a private company or for the government? Public sector employees in Croatia earn 10% more than their private sector counterparts on average across all sectors.
| Private Sector | 14,200 HRK | |
| Public Sector | +10% | 15,500 HRK |
Executive and Management Hourly Average Wage in Croatia
120 HRK per hourThe average hourly wage (pay per hour) in Croatia is 120 HRK. This means that the average person in Croatia earns approximately 120 HRK for every worked hour.
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
The average salary for Executive and Management is 36% more than that of All Jobs.
Salary Comparison By City
| City | Average Salary |
| Zadar | 21,100 HRK |
| Zagreb | 22,500 HRK |
