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Executive and Management Average Salaries in Czech Republic 2020

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


Average Monthly Salary
82,400 CZK
( 989,000 CZK yearly)

LOW
27,200
CZK
AVERAGE
82,400
CZK
HIGH
136,000
CZK

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.

Salaries for specific jobs

Job TitleAverage Salary
Account Coordinator57,500 CZK
Administration Manager68,200 CZK
Area Manager63,300 CZK
Asset Protection Associate73,100 CZK
Assistant Director71,400 CZK
Assistant Manager74,300 CZK
Assistant Operations Manager78,100 CZK
Assistant Project Manager73,600 CZK
Assistant Section Head56,000 CZK
Assistant to CEO68,400 CZK
Assistant Vice President76,000 CZK
Associate Director71,700 CZK
Bid Manager78,800 CZK
Branch Manager77,700 CZK
Business Development Manager84,900 CZK
Business Operations Associate69,400 CZK
Business Operations Lead75,800 CZK
Campaign Manager75,000 CZK
Chairman of The Board127,000 CZK
Chairman Office Manager88,700 CZK
Chief Corporate Officer113,000 CZK
Chief Executive Officer130,000 CZK
Chief Financial Officer129,000 CZK
Chief of Staff65,100 CZK
Chief Operating Officer103,000 CZK
Chief Risk Officer89,300 CZK
Client Services Manager84,500 CZK
Commercial Project Manager75,100 CZK
Commodity Broker56,700 CZK
Corporate Affairs Executive83,700 CZK
Corporate Compliance Director85,700 CZK
Corporate Director95,400 CZK
Corporate Officer65,100 CZK
Corporate Partnerships Officer65,300 CZK
Country Manager102,000 CZK
Deputy Director94,400 CZK
Director108,000 CZK
Director of Accreditation93,500 CZK
Director of Catering Services80,700 CZK
Director of Client Services86,600 CZK
Director of Facilities Management70,700 CZK
Director of Operations89,100 CZK
Director of Process Simplification67,500 CZK
Director of Project Management97,700 CZK
Director of Revenue Management84,800 CZK
Director of Training and Development84,200 CZK
Distribution Manager95,300 CZK
Division Manager78,600 CZK
Duty Manager76,900 CZK
Engagement Manager93,300 CZK
Executive Director131,000 CZK
Executive Manager108,000 CZK
Franchise Manager114,000 CZK
General Manager110,000 CZK
Global Master Data Manager91,500 CZK
Head of Middle Office82,200 CZK
Head of Projects93,800 CZK
Head of Sustainability73,500 CZK
Housing Manager70,700 CZK
HSE Manager74,800 CZK
Key Account Manager71,500 CZK
Knowledge Manager85,000 CZK
Location Manager85,400 CZK
Logistics Manager68,600 CZK
Management Consultant71,500 CZK
Management Executive92,600 CZK
Manager91,200 CZK
Managing Director104,000 CZK
MIS Executive86,300 CZK
Ocean Services Manager89,800 CZK
Operations Assistant65,100 CZK
Operations Director101,000 CZK
Operations Executive93,100 CZK
Operations Manager97,500 CZK
Operations Supervisor80,400 CZK
Policy Administration Executive79,900 CZK
Private Sector Executive78,900 CZK
Product Development Manager86,000 CZK
Product Executive78,500 CZK
Production Executive88,500 CZK
Production Manager95,200 CZK
Production Supervisor77,300 CZK
Program Manager90,300 CZK
Programme Coordinator65,900 CZK
Project Control Manager95,200 CZK
Project Coordinator54,200 CZK
Project Management Officer62,100 CZK
Project Manager69,700 CZK
Project Portfolio Manager74,200 CZK
Quality Manager71,900 CZK
R/D Director78,700 CZK
Regional Director129,000 CZK
Regional Manager89,600 CZK
Relationship Manager89,500 CZK
Retail District Manager65,200 CZK
Revenue Manager68,300 CZK
Risk and Capital Manager106,000 CZK
Risk Officer68,300 CZK
Safety Manager70,400 CZK
Section Head72,400 CZK
Service Manager69,300 CZK
Shift Supervisor53,500 CZK
Solutions Manager62,800 CZK
Supervisor53,300 CZK
Supply Chain Manager95,800 CZK
Surveyor62,600 CZK
Technical Manager88,700 CZK
Territory Manager87,000 CZK
Validation Manager72,800 CZK
Vice President111,000 CZK
Zone Manager91,300 CZK

Executive and Management Jobs Salary Distribution in Czech Republic

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

  • Salary Range

    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).

  • Median Salary

    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.

  • 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 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.


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 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.

Executive and Management Salary Comparison By Gender

Salary comparison by gender monthly Czech Republic 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 Czech Republic who work in Executive and Management earn 8% more than their female counterparts on average.

Male
85,400 CZK
Female-7%
79,400 CZK
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Czech Republic for all Careers

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

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

Executive and Management

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.

Annual Salary Increment Rate Czech Republic 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.

Czech Republic / 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 Czech Republic is 5%.

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 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.


Worldwide Salary Raises: All Countries and All Jobs

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Executive and Management Bonus and Incentive Rates in Czech Republic

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

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 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 Czech Republic


480 CZK per hour

The average hourly wage (pay per hour) in Czech Republic is 480 CZK. This means that the average person in Czech Republic earns approximately 480 CZK 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 Czech Republic
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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
Prague86,100 CZK

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 Czech Republic earn 7% more than their private sector counterparts on average across all sectors.

Private Sector
59,100 CZK
Public Sector+7%
63,300 CZK
Percentage increase and decrease are relative to the previous value

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