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Chief Operating Officer Average Salary in Hungary 2024

How much money does a person working as Chief Operating Officer make in Hungary?


Average Monthly Salary
811,000 HUF
( 9,730,000 HUF yearly)

LOW
406,000
HUF
AVERAGE
811,000
HUF
HIGH
1,260,000
HUF
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Chief Operating Officer in Hungary typically earns around 811,000 HUF. Salaries range from 406,000 HUF (lowest) to 1,260,000 HUF (highest).


Salary Variance

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



Chief Operating Officer Pay Scale and Salaries in Hungary

Median and salary distribution Hungary Chief Operating Officer monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
746,000 HUF or more
10% of people earn
661,000 to 746,000 HUF
20% of people earn
474,000 HUF or less
65% of people earn
474,000 to 661,000 HUF
Minimum Salary
406,000
HUF
Median
750,000
HUF
Maximum
1,260,000
HUF




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Chief Operating Officer in Hungary range from 406,000 HUF (starting salary) to 1,260,000 HUF (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 750,000 HUF, half of the professionals who work as Chief Operating Officer in Hungary earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Chief Operating Officer in Hungary earn less than 616,000 HUF, while 75% earn more. Similarly, the chart shows that 75% earn less than 856,000 HUF while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Chief Operating Officer in Hungary compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 474,000 HUF to 661,000 HUF. About 20% of salaries are below the 474,000 HUF mark, while 10% fall within the range of 661,000 HUF to 746,000 HUF. Only 5% of individuals have salaries exceeding 746,000 HUF.

Salary Comparison by Years of Experience / Chief Operating Officer / Hungary

How do experience and age affect pay?

0 - 2 Years
486,000 HUF
2 - 5 Years+32%
644,000 HUF
5 - 10 Years+34%
861,000 HUF
10 - 15 Years+19%
1,030,000 HUF
15 - 20 Years+8%
1,110,000 HUF
20+ Years+7%
1,190,000 HUF
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Hungary Chief Operating Officer
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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. We broke down salaries by experience level for people working as Chief Operating Officer and this is what we found.


All salary figures displayed here are per month except when noted otherwise.

Employees with less than two years of experience earn approximately 486,000 HUF.

While someone with an experience level between two and five years is expected to earn 644,000 HUF, 32% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 861,000 HUF, 34% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 1,030,000 HUF, 19% 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 1,110,000 HUF, 8% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 1,190,000 HUF, 7% more than people with fifteen to twenty 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.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Chief Operating Officer / Hungary

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Chief Operating Officer.

High School
610,000 HUF
Certificate or Diploma+14%
695,000 HUF
Bachelor's Degree+36%
942,000 HUF
Master's Degree+26%
1,190,000 HUF
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Hungary Chief Operating Officer
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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 salaries by education level for the position Chief Operating Officer in order to make a comparison.


Level 1: High School

Employees at this education level have an average salary of 610,000 HUF.


Level 2: Certificate or Diploma

At this level, the average salary becomes 695,000 HUF, 14% more than the previous level.


Level 3: Bachelor's Degree

At this level, the average salary becomes 942,000 HUF, 36% more than the previous level.


Level 4: Master's Degree

At this level, the average salary becomes 1,190,000 HUF, 26% more than the previous level.



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 Hungary costs anywhere from 2,470,000 HUF to 7,420,000 HUF 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 to a higher-paying job. The numbers seem to support the theory. 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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Salary and Compensation Comparison By Gender / Chief Operating Officer / Hungary

Salary comparison by gender Hungary Chief Operating Officer monthly
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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? For the people who work as Chief Operating Officer in Hungary, the average difference between the salary of male and female employees is 5%.

Male
830,000 HUF
Female-5%
790,000 HUF
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Hungary for all Careers

Salary comparison by gender monthly Hungary
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Average Annual Salary Increment Percentage / Chief Operating Officer / Hungary

How much are annual salary increments in Hungary for individuals working as Chief Operating Officer? How often do employees get salary raises?

Individuals working as Chief Operating Officer in Hungary are likely to observe a salary increase of approximately 14% every 16 months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.

Annual Salary Increment Rate Hungary Chief Operating Officer
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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.

Hungary / All Professions

Annual Salary Increment Rate Hungary
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare 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 Hungary is 6%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates / Chief Operating Officer / Hungary

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Hungary Chief Operating Officer
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20% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 80% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 5% to 8% of their annual salary.

Received Bonus
80%
No Bonus
20%

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.

Average Hourly Wage / Chief Operating Officer / Hungary


4,680 HUF per hour

The average hourly wage (pay per hour) for individuals working as Chief Operating Officer in Hungary is 4,680 HUF.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

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 fixed 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.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Chief Operating Officer in Hungary is 2,340 HUF. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Executive and Management-100%
Account Coordinator425,000 HUF-48%
Account Director519,000 HUF-36%
Account Executive545,000 HUF-33%
Account Manager498,000 HUF-39%
Administration Manager527,000 HUF-35%
Administration Officer281,000 HUF-65%
Administration Supervisor438,000 HUF-46%
Administrative Clerk205,000 HUF-75%
Administrative Officer210,000 HUF-74%
Area Director511,000 HUF-37%
Area Manager500,000 HUF-38%
Asset Protection Associate560,000 HUF-31%
Assistant Director558,000 HUF-31%
Assistant General Manager572,000 HUF-29%
Assistant Manager557,000 HUF-31%
Assistant Managing Director625,000 HUF-23%
Assistant Operations Manager636,000 HUF-22%
Assistant Project Manager530,000 HUF-35%
Assistant Section Head438,000 HUF-46%
Assistant to CEO526,000 HUF-35%
Assistant Vice President602,000 HUF-26%
Associate Account Director526,000 HUF-35%
Associate Director573,000 HUF-29%
Bid Manager623,000 HUF-23%
Branch Manager621,000 HUF-23%
Business Development Manager688,000 HUF-15%
Business Operations Associate570,000 HUF-30%
Business Operations Lead587,000 HUF-28%
Campaign Manager609,000 HUF-25%
Catering Coordinator326,000 HUF-60%
Catering Manager541,000 HUF-33%
CEO1,010,000 HUF+25%
Chairman of The Board1,070,000 HUF+32%
Chairman Office Manager699,000 HUF-14%
Chief Commercial Officer780,000 HUF-4%
Chief Corporate Officer866,000 HUF+7%
Chief Digital Officer720,000 HUF-11%
Chief Digital Strategy Officer733,000 HUF-10%
Chief Digital Transformation Officer683,000 HUF-16%
Chief Ethics Officer619,000 HUF-24%
Chief Executive Officer1,080,000 HUF+33%
Chief Financial Officer1,000,000 HUF+23%
Chief Investment Officer743,000 HUF-8%
Chief of Staff496,000 HUF-39%
Chief Operating Officer811,000 HUF-0%
Chief Privacy Officer638,000 HUF-21%
Chief Resilience Officer802,000 HUF-1%
Chief Risk Officer686,000 HUF-15%
Chief Strategy Officer892,000 HUF+10%
Chief Trust and Safety Officer679,000 HUF-16%
Client Account Manager629,000 HUF-22%
Client Accounts Officer529,000 HUF-35%
Client Services Manager706,000 HUF-13%
Commercial Director678,000 HUF-16%
Commercial Manager615,000 HUF-24%
Commercial Project Manager548,000 HUF-32%
Commodity Broker421,000 HUF-48%
COO754,000 HUF-7%
Corporate Affairs Executive594,000 HUF-27%
Corporate Compliance Director702,000 HUF-13%
Corporate Director736,000 HUF-9%
Corporate Officer503,000 HUF-38%
Corporate Partnerships Officer482,000 HUF-41%
Country Manager853,000 HUF+5%
Department Head653,000 HUF-19%
Department Manager652,000 HUF-20%
Department Supervisor562,000 HUF-31%
Deputy Director759,000 HUF-6%
Deputy Manager747,000 HUF-8%
Director817,000 HUF+1%
Director of Accreditation709,000 HUF-13%
Director of Catering Services637,000 HUF-21%
Director of Client Services675,000 HUF-17%
Director of Facilities Management582,000 HUF-28%
Director of Operations709,000 HUF-13%
Director of Process Simplification575,000 HUF-29%
Director of Product Management721,000 HUF-11%
Director of Project Management757,000 HUF-7%
Director of Revenue Management669,000 HUF-18%
Director of Training and Development680,000 HUF-16%
Distribution Manager726,000 HUF-10%
Division Manager626,000 HUF-23%
Duty Manager597,000 HUF-26%
Engagement Manager711,000 HUF-12%
Executive Director1,040,000 HUF+28%
Executive Manager848,000 HUF+5%
Franchise Manager880,000 HUF+8%
General Manager823,000 HUF+1%
Generational Consultant538,000 HUF-34%
Global Master Data Manager739,000 HUF-9%
Global Technical Lead488,000 HUF-40%
Head of Investment715,000 HUF-12%
Head of Middle Office679,000 HUF-16%
Head of Projects727,000 HUF-10%
Head of Strategy814,000 HUF+0%
Head of Supply Chain662,000 HUF-18%
Head of Sustainability607,000 HUF-25%
Housing Manager559,000 HUF-31%
HSE Manager556,000 HUF-31%
Innovation Manager596,000 HUF-27%
Key Account Manager587,000 HUF-28%
Knowledge Manager698,000 HUF-14%
Location Manager645,000 HUF-20%
Logistics Executive532,000 HUF-34%
Logistics Manager549,000 HUF-32%
Management Consultant558,000 HUF-31%
Management Executive789,000 HUF-3%
Manager722,000 HUF-11%
Managing Director843,000 HUF+4%
MIS Executive683,000 HUF-16%
Ocean Services Manager701,000 HUF-14%
Online Business Manager1,020,000 HUF+26%
Operational Manager757,000 HUF-7%
Operations Analyst628,000 HUF-23%
Operations Assistant519,000 HUF-36%
Operations Director808,000 HUF-0%
Operations Executive773,000 HUF-5%
Operations Manager805,000 HUF-1%
Operations Supervisor631,000 HUF-22%
Planning Director742,000 HUF-9%
PMO Manager643,000 HUF-21%
Policy Administration Executive583,000 HUF-28%
Private Sector Executive642,000 HUF-21%
Product Development Manager714,000 HUF-12%
Product Executive617,000 HUF-24%
Production Executive706,000 HUF-13%
Production Manager731,000 HUF-10%
Production Supervisor597,000 HUF-26%
Program Director707,000 HUF-13%
Program Manager753,000 HUF-7%
Programme Coordinator481,000 HUF-41%
Project Control Manager700,000 HUF-14%
Project Coordinator444,000 HUF-45%
Project Management Officer489,000 HUF-40%
Project Manager524,000 HUF-35%
Project Portfolio Manager551,000 HUF-32%
Quality Manager564,000 HUF-30%
R/D Director614,000 HUF-24%
Regional Director957,000 HUF+18%
Regional Manager757,000 HUF-7%
Relationship Manager689,000 HUF-15%
Retail District Manager482,000 HUF-41%
Revenue Manager541,000 HUF-33%
Risk and Capital Manager766,000 HUF-6%
Risk Officer512,000 HUF-37%
Safety Manager500,000 HUF-38%
Section Head556,000 HUF-31%
Service Manager570,000 HUF-30%
Shift Supervisor452,000 HUF-44%
Solutions Manager516,000 HUF-36%
Supervisor427,000 HUF-47%
Supply Chain Manager766,000 HUF-6%
Surveyor473,000 HUF-42%
Technical Director659,000 HUF-19%
Technical Manager641,000 HUF-21%
Territory Manager694,000 HUF-14%
Validation Manager582,000 HUF-28%
Vice President836,000 HUF+3%
Zone Manager719,000 HUF-11%

Salary Comparison By City

CityAverage Salary
Budapest875,000 HUF

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Hungary is 9% on average across all career fields.

Private Sector
476,000 HUF
Public Sector+9%
518,000 HUF
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Chief Operating Officer in Hungary?

A good and competitive compensation would range anywhere between 750,000 HUF and 856,000 HUF. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Chief Operating Officer in Hungary ranges from 406,000 HUF to 616,000 HUF. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn 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


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