A person working as a Chief Executive Officer in Czech Republic typically earns around 130,000 CZK per month. Salaries range from 59,800 CZK (lowest) to 207,000 CZK (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 Czech Republic range from 59,800 CZK per month (minimum salary) to 207,000 CZK per month (maximum salary).
The median salary is 140,000 CZK per month, which means that half (50%) of people working as Chief Executive Officer(s) are earning less than 140,000 CZK while the other half are earning more than 140,000 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 Chief Executive Officer(s) are earning less than 90,100 CZK while 75% of them are earning more than 90,100 CZK. Also from the diagram, 75% of Chief Executive Officer(s) are earning less than 187,000 CZK while 25% are earning more than 187,000 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 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 67,900 CZK per month.
While someone with an experience level between two and five years is expected to earn 90,700 CZK per month, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 134,000 CZK per month, 48% 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 163,000 CZK per month, 22% 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 178,000 CZK per month, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 193,000 CZK per month, 8% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+34%|
|5 - 10 Years||+48%|
|10 - 15 Years||+22%|
|15 - 20 Years||+9%|
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 61,300 CZK per month.
While someone with a Certificate or Diploma gets a salary of 76,000 CZK per month, 24% more than someone having a High School degree.
A Bachelor's Degree gets its holder an average salary of 105,000 CZK per month, 39% more than someone with a Certificate or Diploma.
Professionals who hold a Master's Degree are rewarded with an average salary of 171,000 CZK per month, 63% more than someone with Bachelor's Degree.
PhD holders are compensated with wage equivelant to 205,000 CZK per month, 20% more than someone with Master's Degree.
|Certificate or Diploma||+24%|
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 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 Czech Republic earn 8% more than their female counterparts on average.
Chief Executive Officer(s) in Czech Republic are likely to observe a salary increase of approximately 14% every 18 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.
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.
14% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 86% 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 58% 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||57,500 CZK||-56%|
|Administration Manager||68,200 CZK||-48%|
|Area Manager||63,300 CZK||-51%|
|Asset Protection Associate||73,100 CZK||-44%|
|Assistant Director||71,400 CZK||-45%|
|Assistant Manager||74,300 CZK||-43%|
|Assistant Operations Manager||78,100 CZK||-40%|
|Assistant Project Manager||73,600 CZK||-43%|
|Assistant Section Head||56,000 CZK||-57%|
|Assistant to CEO||68,400 CZK||-47%|
|Assistant Vice President||76,000 CZK||-42%|
|Associate Director||71,700 CZK||-45%|
|Bid Manager||78,800 CZK||-39%|
|Branch Manager||77,700 CZK||-40%|
|Business Development Manager||84,900 CZK||-35%|
|Business Operations Associate||69,400 CZK||-47%|
|Business Operations Lead||75,800 CZK||-42%|
|Campaign Manager||75,000 CZK||-42%|
|Chairman of The Board||127,000 CZK||-2%|
|Chairman Office Manager||88,700 CZK||-32%|
|Chief Corporate Officer||113,000 CZK||-13%|
|Chief Executive Officer||130,000 CZK||-0%|
|Chief Financial Officer||129,000 CZK||-1%|
|Chief of Staff||65,100 CZK||-50%|
|Chief Operating Officer||103,000 CZK||-21%|
|Chief Risk Officer||89,300 CZK||-31%|
|Client Services Manager||84,500 CZK||-35%|
|Commercial Project Manager||75,100 CZK||-42%|
|Commodity Broker||56,700 CZK||-56%|
|Corporate Affairs Executive||83,700 CZK||-36%|
|Corporate Compliance Director||85,700 CZK||-34%|
|Corporate Director||95,400 CZK||-27%|
|Corporate Officer||65,100 CZK||-50%|
|Corporate Partnerships Officer||65,300 CZK||-50%|
|Country Manager||102,000 CZK||-22%|
|Deputy Director||94,400 CZK||-27%|
|Director of Accreditation||93,500 CZK||-28%|
|Director of Catering Services||80,700 CZK||-38%|
|Director of Client Services||86,600 CZK||-33%|
|Director of Facilities Management||70,700 CZK||-46%|
|Director of Operations||89,100 CZK||-31%|
|Director of Process Simplification||67,500 CZK||-48%|
|Director of Project Management||97,700 CZK||-25%|
|Director of Revenue Management||84,800 CZK||-35%|
|Director of Training and Development||84,200 CZK||-35%|
|Distribution Manager||95,300 CZK||-27%|
|Division Manager||78,600 CZK||-40%|
|Duty Manager||76,900 CZK||-41%|
|Engagement Manager||93,300 CZK||-28%|
|Executive Director||131,000 CZK||+1%|
|Executive Manager||108,000 CZK||-17%|
|Franchise Manager||114,000 CZK||-12%|
|General Manager||110,000 CZK||-15%|
|Global Master Data Manager||91,500 CZK||-30%|
|Head of Middle Office||82,200 CZK||-37%|
|Head of Projects||93,800 CZK||-28%|
|Head of Sustainability||73,500 CZK||-43%|
|Housing Manager||70,700 CZK||-46%|
|HSE Manager||74,800 CZK||-42%|
|Key Account Manager||71,500 CZK||-45%|
|Knowledge Manager||85,000 CZK||-35%|
|Location Manager||85,400 CZK||-34%|
|Logistics Manager||68,600 CZK||-47%|
|Management Consultant||71,500 CZK||-45%|
|Management Executive||92,600 CZK||-29%|
|Managing Director||104,000 CZK||-20%|
|MIS Executive||86,300 CZK||-34%|
|Ocean Services Manager||89,800 CZK||-31%|
|Operations Assistant||65,100 CZK||-50%|
|Operations Director||101,000 CZK||-22%|
|Operations Executive||93,100 CZK||-28%|
|Operations Manager||97,500 CZK||-25%|
|Operations Supervisor||80,400 CZK||-38%|
|Policy Administration Executive||79,900 CZK||-39%|
|Private Sector Executive||78,900 CZK||-39%|
|Product Development Manager||86,000 CZK||-34%|
|Product Executive||78,500 CZK||-40%|
|Production Executive||88,500 CZK||-32%|
|Production Manager||95,200 CZK||-27%|
|Production Supervisor||77,300 CZK||-41%|
|Program Manager||90,300 CZK||-31%|
|Programme Coordinator||65,900 CZK||-49%|
|Project Control Manager||95,200 CZK||-27%|
|Project Coordinator||54,200 CZK||-58%|
|Project Management Officer||62,100 CZK||-52%|
|Project Manager||69,700 CZK||-46%|
|Project Portfolio Manager||74,200 CZK||-43%|
|Quality Manager||71,900 CZK||-45%|
|R/D Director||78,700 CZK||-39%|
|Regional Director||129,000 CZK||-1%|
|Regional Manager||89,600 CZK||-31%|
|Relationship Manager||89,500 CZK||-31%|
|Retail District Manager||65,200 CZK||-50%|
|Revenue Manager||68,300 CZK||-47%|
|Risk and Capital Manager||106,000 CZK||-18%|
|Risk Officer||68,300 CZK||-47%|
|Safety Manager||70,400 CZK||-46%|
|Section Head||72,400 CZK||-44%|
|Service Manager||69,300 CZK||-47%|
|Shift Supervisor||53,500 CZK||-59%|
|Solutions Manager||62,800 CZK||-52%|
|Supply Chain Manager||95,800 CZK||-26%|
|Technical Manager||88,700 CZK||-32%|
|Territory Manager||87,000 CZK||-33%|
|Validation Manager||72,800 CZK||-44%|
|Vice President||111,000 CZK||-15%|
|Zone Manager||91,300 CZK||-30%|
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.