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General Manager Average Salary in Czech Republic 2020

How much money does a General Manager make in Czech Republic?


Average Monthly Salary
191,000 CZK
( 2,290,000 CZK yearly)

LOW
87,700
CZK
AVERAGE
191,000
CZK
HIGH
303,000
CZK

A person working as a General Manager in Czech Republic typically earns around 191,000 CZK per month. Salaries range from 87,700 CZK (lowest) to 303,000 CZK (highest).

This is the average monthly salary including housing, transport, and other benefits. General Manager salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

General Manager Salary Distribution in Czech Republic

Median and salary distribution monthly Czech Republic General Manager
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The median, the maximum, the minimum, and the range

  • Salary Range

    General Manager salaries in Czech Republic range from 87,700 CZK per month (minimum salary) to 303,000 CZK per month (maximum salary).

  • Median Salary

    The median salary is 206,000 CZK per month, which means that half (50%) of people working as General Manager(s) are earning less than 206,000 CZK while the other half are earning more than 206,000 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 General Manager(s) are earning less than 132,000 CZK while 75% of them are earning more than 132,000 CZK. Also from the diagram, 75% of General Manager(s) are earning less than 275,000 CZK while 25% are earning more than 275,000 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

General Manager Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Czech Republic General Manager
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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 General Manager salaries by experience level and this is what we found.

A General Manager with less than two years of experience makes approximately 99,600 CZK per month.

While someone with an experience level between two and five years is expected to earn 133,000 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 197,000 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, General Manager(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 240,000 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 261,000 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 283,000 CZK per month, 8% more than people with fifteen to twenty years of experience.


General Manager average salary change by experience in Czech Republic

0 - 2 Years
99,600 CZK
2 - 5 Years+34%
133,000 CZK
5 - 10 Years+48%
197,000 CZK
10 - 15 Years+22%
240,000 CZK
15 - 20 Years+9%
261,000 CZK
20+ Years+8%
283,000 CZK
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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General Manager Salary Comparison By Education

How do education levels affect salaries?

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

Salary comparison by education level monthly Czech Republic General Manager
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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 General Manager salaries by education level in order to make a comparison.

When the education level is High School, the average salary of a General Manager is 122,000 CZK per month.

While someone with a Certificate or Diploma gets a salary of 144,000 CZK per month, 18% more than someone having a High School degree.

A Bachelor's Degree gets its holder an average salary of 208,000 CZK per month, 45% more than someone with a Certificate or Diploma.

Professionals who hold a Master's Degree are rewarded with an average salary of 273,000 CZK per month, 31% more than someone with Bachelor's Degree.


General Manager average salary difference by education level in Czech Republic

High School
122,000 CZK
Certificate or Diploma+18%
144,000 CZK
Bachelor's Degree+45%
208,000 CZK
Master's Degree+31%
273,000 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 532,000 Czech Koruna(s) to 1,600,000 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
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General Manager Salary Comparison By Gender

Salary comparison by gender monthly Czech Republic General Manager
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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 General Manager employees in Czech Republic earn 10% more than their female counterparts.

Female
182,000 CZK
Male+10%
200,000 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
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General Manager Average Annual Salary Increment Percentage in Czech Republic

How much are annual salary increments in Czech Republic for General Manager(s)? How often do employees get salary raises?

General Manager

General Manager(s) in Czech Republic are likely to observe a salary increase of approximately 13% 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 General Manager
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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

Annual Salary Increment Rate Czech Republic
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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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General Manager Bonus and Incentive Rates in Czech Republic

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

15% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 85% 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
85%
No Bonus
15%

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.

Government vs Private Sector Salary Comparison

Public vs private sector salaries monthly Czech Republic
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Where can you get paid more, working for a private company or for the government? Public sector General Manager employees in Czech Republic earn 7% more than their private sector counterparts.

Private Sector
103,000 CZK
Public Sector+7%
111,000 CZK
Percentage increase and decrease are relative to the previous value

General Manager Salary Trend and Forecast in Czech Republic

How are General Manager salaries changing over time? Listed below is a chart that shows the average salary in recent years.

Salary trends and forecast monthly Czech Republic General Manager
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Average Salary 2016
165,000 CZK
Average Salary 2017+4%
171,000 CZK
Average Salary 2018+4%
177,000 CZK
Average Salary 2019+4%
184,000 CZK
Percentage increase and decrease are relative to the previous value

General Manager salaries in Czech Republic are on the rise in the year 2020 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 4% higher than those of 2018. The trend suggests a slow yet continuous increase in pay in 2021 and future years. These numbers may vary from industry to another.

General Manager Average Hourly Wage in Czech Republic


1,100 CZK per hour

The average hourly wage (pay per hour) in Czech Republic is 1,100 CZK. This means that the average General Manager in Czech Republic earns approximately 1,100 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.

General Manager VS Other Jobs

Salary Comparison Between General Manager and Executive and Management monthly Czech Republic
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The average salary for General Manager is 32% more than that of Executive and Management. Also, Executive and Management salaries are 36% more than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Account Coordinator99,800 CZK-48%
Administration Manager118,000 CZK-38%
Area Manager110,000 CZK-42%
Asset Protection Associate127,000 CZK-33%
Assistant Director124,000 CZK-35%
Assistant Manager129,000 CZK-32%
Assistant Operations Manager135,000 CZK-29%
Assistant Project Manager128,000 CZK-33%
Assistant Section Head97,200 CZK-49%
Assistant to CEO119,000 CZK-38%
Assistant Vice President132,000 CZK-31%
Associate Director124,000 CZK-35%
Bid Manager137,000 CZK-28%
Branch Manager135,000 CZK-29%
Business Development Manager147,000 CZK-23%
Business Operations Associate120,000 CZK-37%
Business Operations Lead131,000 CZK-31%
Campaign Manager130,000 CZK-32%
Chairman of The Board221,000 CZK+16%
Chairman Office Manager154,000 CZK-19%
Chief Corporate Officer196,000 CZK+3%
Chief Executive Officer225,000 CZK+18%
Chief Financial Officer224,000 CZK+17%
Chief of Staff113,000 CZK-41%
Chief Operating Officer168,000 CZK-12%
Chief Risk Officer155,000 CZK-19%
Client Services Manager147,000 CZK-23%
Commercial Project Manager130,000 CZK-32%
Commodity Broker98,300 CZK-48%
Corporate Affairs Executive145,000 CZK-24%
Corporate Compliance Director149,000 CZK-22%
Corporate Director165,000 CZK-13%
Corporate Officer113,000 CZK-41%
Corporate Partnerships Officer113,000 CZK-41%
Country Manager177,000 CZK-7%
Deputy Director164,000 CZK-14%
Director187,000 CZK-2%
Director of Accreditation162,000 CZK-15%
Director of Catering Services140,000 CZK-27%
Director of Client Services150,000 CZK-21%
Director of Facilities Management123,000 CZK-35%
Director of Operations154,000 CZK-19%
Director of Process Simplification117,000 CZK-39%
Director of Project Management169,000 CZK-11%
Director of Revenue Management147,000 CZK-23%
Director of Training and Development146,000 CZK-23%
Distribution Manager165,000 CZK-13%
Division Manager136,000 CZK-29%
Duty Manager133,000 CZK-30%
Engagement Manager162,000 CZK-15%
Executive Director228,000 CZK+20%
Executive Manager188,000 CZK-1%
Franchise Manager198,000 CZK+4%
General Manager191,000 CZK+0%
Global Master Data Manager159,000 CZK-17%
Head of Middle Office143,000 CZK-25%
Head of Projects163,000 CZK-15%
Head of Sustainability127,000 CZK-33%
Housing Manager123,000 CZK-35%
HSE Manager130,000 CZK-32%
Key Account Manager124,000 CZK-35%
Knowledge Manager147,000 CZK-23%
Location Manager148,000 CZK-22%
Logistics Manager119,000 CZK-38%
Management Consultant124,000 CZK-35%
Management Executive161,000 CZK-16%
Manager158,000 CZK-17%
Managing Director180,000 CZK-6%
MIS Executive150,000 CZK-21%
Ocean Services Manager156,000 CZK-18%
Operations Assistant113,000 CZK-41%
Operations Director175,000 CZK-8%
Operations Executive161,000 CZK-16%
Operations Manager169,000 CZK-11%
Operations Supervisor139,000 CZK-27%
Policy Administration Executive139,000 CZK-27%
Private Sector Executive137,000 CZK-28%
Product Development Manager149,000 CZK-22%
Product Executive136,000 CZK-29%
Production Executive153,000 CZK-20%
Production Manager165,000 CZK-13%
Production Supervisor134,000 CZK-30%
Program Manager157,000 CZK-18%
Programme Coordinator114,000 CZK-40%
Project Control Manager165,000 CZK-13%
Project Coordinator94,000 CZK-51%
Project Management Officer108,000 CZK-43%
Project Manager121,000 CZK-37%
Project Portfolio Manager129,000 CZK-32%
Quality Manager125,000 CZK-34%
R/D Director137,000 CZK-28%
Regional Director224,000 CZK+17%
Regional Manager155,000 CZK-19%
Relationship Manager155,000 CZK-19%
Retail District Manager113,000 CZK-41%
Revenue Manager119,000 CZK-38%
Risk and Capital Manager185,000 CZK-3%
Risk Officer118,000 CZK-38%
Safety Manager122,000 CZK-36%
Section Head126,000 CZK-34%
Service Manager120,000 CZK-37%
Shift Supervisor92,800 CZK-51%
Solutions Manager109,000 CZK-43%
Supervisor92,400 CZK-52%
Supply Chain Manager166,000 CZK-13%
Surveyor109,000 CZK-43%
Technical Manager154,000 CZK-19%
Territory Manager151,000 CZK-21%
Validation Manager126,000 CZK-34%
Vice President192,000 CZK+1%
Zone Manager158,000 CZK-17%

Salary Comparison By City

CityAverage Salary
Prague196,000 CZK
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