Top Management

Salary for position Economic/Financial Manager in Latvia

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:

1,646 - 5,002 EUR

10% earn less lthan 1,646 EUR

10% earns more than 5,002 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 1,646 EUR and 5,002 EUR monthly net.

10% of employees earn less than 1,646 EUR and 10% of people earn more than 5,002 EUR.

The survey is based on data from employees, cleaned of extreme and duplicate values. By taking a free, anonymous survey, you will get a more accurate salary comparison with other people working in the same position as you.

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What kind of work does Economic/Financial Manager typically do

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

The job position is
in the salary ranking on

16 place

Women representation in position

78%

Average age of respondent in position

666. place

Au-pair

General labour

507 - 884 EUR

17. place

Plant manager

Top Management

1,505 - 5,150 EUR

16. place

Economic/Financial Manager

Top Management

1,646 - 5,002 EUR

15. place

Sales Director

Top Management

1,704 - 5,027 EUR

1. place

Sailor

Transport, Haulage, Logistics

2,416 - 8,584 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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