HOME BROWSE SALARIES BEST PAYING JOBS
Browse Salaries
Best Paying Jobs
Salary Increase Letters
Career Articles

Chief Executive Officer Average Salary in Czech Republic 2020

How much money does a Chief Executive Officer make in Czech Republic?


Average Monthly Salary
130,000 CZK
( 1,560,000 CZK yearly)

LOW
59,800
CZK
AVERAGE
130,000
CZK
HIGH
207,000
CZK

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 Salary Distribution in Czech Republic

Median and salary distribution monthly Czech Republic Chief Executive Officer
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/czech-republic/executive-and-management/chief-executive-officer/median-and-salary-distribution-monthly-czech-republic-chief-executive-officer.jpg

The median, the maximum, the minimum, and the range

  • Salary Range

    Chief Executive Officer salaries in Czech Republic range from 59,800 CZK per month (minimum salary) to 207,000 CZK per month (maximum salary).

  • Median 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.

  • Percentiles

    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.


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

Chief Executive Officer Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Czech Republic Chief Executive Officer
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/czech-republic/executive-and-management/chief-executive-officer/salary-comparison-by-years-of-experience-monthly-czech-republic-chief-executive-officer.jpg

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.

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.

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.


Chief Executive Officer average salary change by experience in Czech Republic

0 - 2 Years
67,900 CZK
2 - 5 Years+34%
90,700 CZK
5 - 10 Years+48%
134,000 CZK
10 - 15 Years+22%
163,000 CZK
15 - 20 Years+9%
178,000 CZK
20+ Years+8%
193,000 CZK
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg

Chief Executive Officer Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Chief Executive Officer(s) who have the same experience but different education levels.

Salary comparison by education level monthly Czech Republic Chief Executive Officer
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/czech-republic/executive-and-management/chief-executive-officer/salary-comparison-by-education-level-monthly-czech-republic-chief-executive-officer.jpg

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.


Chief Executive Officer average salary difference by education level in Czech Republic

High School
61,300 CZK
Certificate or Diploma+24%
76,000 CZK
Bachelor's Degree+39%
105,000 CZK
Master's Degree+63%
171,000 CZK
PhD+20%
205,000 CZK
Percentage increase and decrease are relative to the previous value

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 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.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg


Chief Executive Officer Salary Comparison By Gender

Salary comparison by gender monthly Czech Republic Chief Executive Officer
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/czech-republic/executive-and-management/chief-executive-officer/salary-comparison-by-gender-monthly-czech-republic-chief-executive-officer.jpg

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.

Male
135,000 CZK
Female-7%
125,000 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
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/czech-republic/salary-comparison-by-gender-monthly-czech-republic.jpg

Chief Executive Officer Average Annual Salary Increment Percentage in Czech Republic

How much are annual salary increments in Czech Republic for Chief Executive Officer(s)? How often do employees get salary raises?

Chief Executive Officer

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.

Annual Salary Increment Rate Czech Republic Chief Executive Officer
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/czech-republic/executive-and-management/chief-executive-officer/annual-salary-increment-rate-czech-republic-chief-executive-officer.jpg


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

Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-increment-world.jpg

Chief Executive Officer Bonus and Incentive Rates in Czech Republic

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Czech Republic Chief Executive Officer
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/czech-republic/executive-and-management/chief-executive-officer/annual-salary-bonus-rate-czech-republic-chief-executive-officer.jpg

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.

Received Bonus
86%
No Bonus
14%

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.

Chief Executive Officer Average Hourly Wage in Czech Republic


750 CZK per hour

The average hourly wage (pay per hour) in Czech Republic is 750 CZK. This means that the average Chief Executive Officer in Czech Republic earns approximately 750 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.

Chief Executive Officer VS Other Jobs

Salary Comparison Between Chief Executive Officer and Executive and Management monthly Czech Republic
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/czech-republic/executive-and-management/chief-executive-officer/salary-comparison-between-chief-executive-officer-and-executive-and-management-monthly-czech-republic.jpg

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.

Salary comparison with similar jobs

Job TitleAverage Salary
Account Coordinator57,500 CZK-56%
Administration Manager68,200 CZK-48%
Area Manager63,300 CZK-51%
Asset Protection Associate73,100 CZK-44%
Assistant Director71,400 CZK-45%
Assistant Manager74,300 CZK-43%
Assistant Operations Manager78,100 CZK-40%
Assistant Project Manager73,600 CZK-43%
Assistant Section Head56,000 CZK-57%
Assistant to CEO68,400 CZK-47%
Assistant Vice President76,000 CZK-42%
Associate Director71,700 CZK-45%
Bid Manager78,800 CZK-39%
Branch Manager77,700 CZK-40%
Business Development Manager84,900 CZK-35%
Business Operations Associate69,400 CZK-47%
Business Operations Lead75,800 CZK-42%
Campaign Manager75,000 CZK-42%
Chairman of The Board127,000 CZK-2%
Chairman Office Manager88,700 CZK-32%
Chief Corporate Officer113,000 CZK-13%
Chief Executive Officer130,000 CZK-0%
Chief Financial Officer129,000 CZK-1%
Chief of Staff65,100 CZK-50%
Chief Operating Officer103,000 CZK-21%
Chief Risk Officer89,300 CZK-31%
Client Services Manager84,500 CZK-35%
Commercial Project Manager75,100 CZK-42%
Commodity Broker56,700 CZK-56%
Corporate Affairs Executive83,700 CZK-36%
Corporate Compliance Director85,700 CZK-34%
Corporate Director95,400 CZK-27%
Corporate Officer65,100 CZK-50%
Corporate Partnerships Officer65,300 CZK-50%
Country Manager102,000 CZK-22%
Deputy Director94,400 CZK-27%
Director108,000 CZK-17%
Director of Accreditation93,500 CZK-28%
Director of Catering Services80,700 CZK-38%
Director of Client Services86,600 CZK-33%
Director of Facilities Management70,700 CZK-46%
Director of Operations89,100 CZK-31%
Director of Process Simplification67,500 CZK-48%
Director of Project Management97,700 CZK-25%
Director of Revenue Management84,800 CZK-35%
Director of Training and Development84,200 CZK-35%
Distribution Manager95,300 CZK-27%
Division Manager78,600 CZK-40%
Duty Manager76,900 CZK-41%
Engagement Manager93,300 CZK-28%
Executive Director131,000 CZK+1%
Executive Manager108,000 CZK-17%
Franchise Manager114,000 CZK-12%
General Manager110,000 CZK-15%
Global Master Data Manager91,500 CZK-30%
Head of Middle Office82,200 CZK-37%
Head of Projects93,800 CZK-28%
Head of Sustainability73,500 CZK-43%
Housing Manager70,700 CZK-46%
HSE Manager74,800 CZK-42%
Key Account Manager71,500 CZK-45%
Knowledge Manager85,000 CZK-35%
Location Manager85,400 CZK-34%
Logistics Manager68,600 CZK-47%
Management Consultant71,500 CZK-45%
Management Executive92,600 CZK-29%
Manager91,200 CZK-30%
Managing Director104,000 CZK-20%
MIS Executive86,300 CZK-34%
Ocean Services Manager89,800 CZK-31%
Operations Assistant65,100 CZK-50%
Operations Director101,000 CZK-22%
Operations Executive93,100 CZK-28%
Operations Manager97,500 CZK-25%
Operations Supervisor80,400 CZK-38%
Policy Administration Executive79,900 CZK-39%
Private Sector Executive78,900 CZK-39%
Product Development Manager86,000 CZK-34%
Product Executive78,500 CZK-40%
Production Executive88,500 CZK-32%
Production Manager95,200 CZK-27%
Production Supervisor77,300 CZK-41%
Program Manager90,300 CZK-31%
Programme Coordinator65,900 CZK-49%
Project Control Manager95,200 CZK-27%
Project Coordinator54,200 CZK-58%
Project Management Officer62,100 CZK-52%
Project Manager69,700 CZK-46%
Project Portfolio Manager74,200 CZK-43%
Quality Manager71,900 CZK-45%
R/D Director78,700 CZK-39%
Regional Director129,000 CZK-1%
Regional Manager89,600 CZK-31%
Relationship Manager89,500 CZK-31%
Retail District Manager65,200 CZK-50%
Revenue Manager68,300 CZK-47%
Risk and Capital Manager106,000 CZK-18%
Risk Officer68,300 CZK-47%
Safety Manager70,400 CZK-46%
Section Head72,400 CZK-44%
Service Manager69,300 CZK-47%
Shift Supervisor53,500 CZK-59%
Solutions Manager62,800 CZK-52%
Supervisor53,300 CZK-59%
Supply Chain Manager95,800 CZK-26%
Surveyor62,600 CZK-52%
Technical Manager88,700 CZK-32%
Territory Manager87,000 CZK-33%
Validation Manager72,800 CZK-44%
Vice President111,000 CZK-15%
Zone Manager91,300 CZK-30%

Salary Comparison By City

CityAverage Salary
Prague149,000 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

Browse Salaries

Salary Increase Letters

Best Paying Jobs
HomePrivacy PolicySalary Comparison

©Salary Explorer 2020