A person working in Executive and Management in Czech Republic typically earns around 82,400 CZK per month. Salaries range from 27,200 CZK (lowest average) to 136,000 CZK (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||57,500 CZK|
|Administration Manager||68,200 CZK|
|Area Manager||63,300 CZK|
|Asset Protection Associate||73,100 CZK|
|Assistant Director||71,400 CZK|
|Assistant Manager||74,300 CZK|
|Assistant Operations Manager||78,100 CZK|
|Assistant Project Manager||73,600 CZK|
|Assistant Section Head||56,000 CZK|
|Assistant to CEO||68,400 CZK|
|Assistant Vice President||76,000 CZK|
|Associate Director||71,700 CZK|
|Bid Manager||78,800 CZK|
|Branch Manager||77,700 CZK|
|Business Development Manager||84,900 CZK|
|Business Operations Associate||69,400 CZK|
|Business Operations Lead||75,800 CZK|
|Campaign Manager||75,000 CZK|
|Chairman of The Board||127,000 CZK|
|Chairman Office Manager||88,700 CZK|
|Chief Corporate Officer||113,000 CZK|
|Chief Executive Officer||130,000 CZK|
|Chief Financial Officer||129,000 CZK|
|Chief of Staff||65,100 CZK|
|Chief Operating Officer||103,000 CZK|
|Chief Risk Officer||89,300 CZK|
|Client Services Manager||84,500 CZK|
|Commercial Project Manager||75,100 CZK|
|Commodity Broker||56,700 CZK|
|Corporate Affairs Executive||83,700 CZK|
|Corporate Compliance Director||85,700 CZK|
|Corporate Director||95,400 CZK|
|Corporate Officer||65,100 CZK|
|Corporate Partnerships Officer||65,300 CZK|
|Country Manager||102,000 CZK|
|Deputy Director||94,400 CZK|
|Director of Accreditation||93,500 CZK|
|Director of Catering Services||80,700 CZK|
|Director of Client Services||86,600 CZK|
|Director of Facilities Management||70,700 CZK|
|Director of Operations||89,100 CZK|
|Director of Process Simplification||67,500 CZK|
|Director of Project Management||97,700 CZK|
|Director of Revenue Management||84,800 CZK|
|Director of Training and Development||84,200 CZK|
|Distribution Manager||95,300 CZK|
|Division Manager||78,600 CZK|
|Duty Manager||76,900 CZK|
|Engagement Manager||93,300 CZK|
|Executive Director||131,000 CZK|
|Executive Manager||108,000 CZK|
|Franchise Manager||114,000 CZK|
|General Manager||110,000 CZK|
|Global Master Data Manager||91,500 CZK|
|Head of Middle Office||82,200 CZK|
|Head of Projects||93,800 CZK|
|Head of Sustainability||73,500 CZK|
|Housing Manager||70,700 CZK|
|HSE Manager||74,800 CZK|
|Key Account Manager||71,500 CZK|
|Knowledge Manager||85,000 CZK|
|Location Manager||85,400 CZK|
|Logistics Manager||68,600 CZK|
|Management Consultant||71,500 CZK|
|Management Executive||92,600 CZK|
|Managing Director||104,000 CZK|
|MIS Executive||86,300 CZK|
|Ocean Services Manager||89,800 CZK|
|Operations Assistant||65,100 CZK|
|Operations Director||101,000 CZK|
|Operations Executive||93,100 CZK|
|Operations Manager||97,500 CZK|
|Operations Supervisor||80,400 CZK|
|Policy Administration Executive||79,900 CZK|
|Private Sector Executive||78,900 CZK|
|Product Development Manager||86,000 CZK|
|Product Executive||78,500 CZK|
|Production Executive||88,500 CZK|
|Production Manager||95,200 CZK|
|Production Supervisor||77,300 CZK|
|Program Manager||90,300 CZK|
|Programme Coordinator||65,900 CZK|
|Project Control Manager||95,200 CZK|
|Project Coordinator||54,200 CZK|
|Project Management Officer||62,100 CZK|
|Project Manager||69,700 CZK|
|Project Portfolio Manager||74,200 CZK|
|Quality Manager||71,900 CZK|
|R/D Director||78,700 CZK|
|Regional Director||129,000 CZK|
|Regional Manager||89,600 CZK|
|Relationship Manager||89,500 CZK|
|Retail District Manager||65,200 CZK|
|Revenue Manager||68,300 CZK|
|Risk and Capital Manager||106,000 CZK|
|Risk Officer||68,300 CZK|
|Safety Manager||70,400 CZK|
|Section Head||72,400 CZK|
|Service Manager||69,300 CZK|
|Shift Supervisor||53,500 CZK|
|Solutions Manager||62,800 CZK|
|Supply Chain Manager||95,800 CZK|
|Technical Manager||88,700 CZK|
|Territory Manager||87,000 CZK|
|Validation Manager||72,800 CZK|
|Vice President||111,000 CZK|
|Zone Manager||91,300 CZK|
Executive and Management salaries in Czech Republic range from 27,200 CZK per month (minimum average salary) to 136,000 CZK per month (maximum average salary, actual maximum is higher).
The median salary is 89,000 CZK per month, which means that half (50%) of people working in Executive and Management are earning less than 89,000 CZK while the other half are earning more than 89,000 CZK. 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 52,300 CZK while 75% of them are earning more than 52,300 CZK. Also from the diagram, 75% of people working in Executive and Management are earning less than 121,000 CZK while 25% are earning more than 121,000 CZK.
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 Czech Republic costs anywhere from 305,000 Czech Koruna(s) to 914,000 Czech Koruna(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 Czech Republic who work in Executive and Management earn 8% more than their female counterparts on average.
Executive and Management professionals in Czech Republic are likely to observe a salary increase of approximately 11% every 15 months. The national average annual increment for all professions combined is 8% granted to employees every 18 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 Czech Republic 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.
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.
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 Czech Republic earn 7% more than their private sector counterparts on average across all sectors.