Top Management

Economic/Financial Manager

The average monthly net salary in Latvia is

An employee's salary is influenced by several factors, primarily the region in which they work, length of experience, company size, and more.
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80% of people earn:

1,356 - 5,128 EUR

10% earn less lthan 1,356 EUR

10% earns more than 5,128 EUR

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What does the data in the graph mean?

Salaries in the survey are expressed in net.

Based on the Algas.lv salary survey, 80% of people on the Economic/Financial Manager position in the Latvia earn between 1,356 EUR and 5,128 EUR monthly net.

10% of employees earn less than 1,356 EUR and 10% of people earn more than 5,128 EUR.

The survey is based on data from employees, cleaned of extreme and duplicate values.

Description of job position

Responsibility for the smooth running of the economic department in the company.
Planning, managing, and monitoring all the financial activities in the company.
Managing, coordinating, motivating and assessing subordinate employees.
Drawing up a budget, forecasts, and a financial plan.
Managing and monitoring the cash flow of the company.
Communicating with commercial financial institutions, auditors, tax authorities, etc.
Completing reports and their presenting to the owners of the company.

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The most common career path of an employee

The graphic shows how employees most often progress in their careers. Click on the name of the position to get to its detail with salary data.

Position: Economic/Financial Manager - Top Management

The job position is
in the salary ranking on

20 place

Women representation in position

74%

Average age of respondent in position

663. place

General Labourer

General labour

507 - 1,479 EUR

21. place

Medical Advisor

Pharmaceutical Industry

1,857 - 4,705 EUR

20. place

Economic/Financial Manager

Top Management

1,356 - 5,128 EUR

19. place

Business Development Manager

Management

1,503 - 6,159 EUR

1. place

Pilot

Transport, Haulage, Logistics

2,427 - 8,828 EUR

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Salary for the position by region, education, experience, company size, age
Distribution of respondents into wage bands
Salary range from 1st to 9th decile
A breakdown of all monitored non-financial benefits
Analysis of financial benefits

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