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Success in business is largely due to employees. Therefore, managers are one of the most critical components for the success of a company, since they are in charge of recruiting, retaining and inspiring the greatest asset of any company, the employees. But how much can a manager earn in a company?
How much does a company manager usually earn?
As a company grows, the management team does too, so the
salary of a manager may depend on the position they occupy . For this reason,
below are some of the most common managerial positions in companies, with their
respective salaries:
1. CEO (Chief Executive Officer):
The CEO or executive director of a company is the highest
ranking executive , and they are responsible for the management and
administrative direction of a company.
CEOs stand out for being professionals with highly developed
soft skills; for being effective communicators, expressing their ideas
correctly; excellent planners, as they determine the goals of the company; and
above all they are very persevering and committed to the company they lead.
In Chile, a CEO or executive director has an average monthly
salary that ranges between 4,360,000 CLP and 4,170,000 CLP.
2. Operations Manager (COO):
The director of operations or Chief Operating Officer , is
the person in charge of supervising the operations of the company. He is also
responsible for implementing the strategic plans, always ensuring compliance
with the established goals.
An operations manager has an average monthly salary of
3,090,000 CLP.
3. Commercial Manager (CSO):
They are the people responsible for the sales of a company.
The Chief Sales Officer is responsible for planning, coordinating and directing
sales and marketing activities. They represent the maximum position within the
sales departments.
They have an average monthly salary of 2,100,000 CLP.
4. Marketing Manager:
Marketing managers are in charge of creating new campaigns
and managing staff to execute plans. They are responsible for the success of
the campaign and therefore direct the entire process, from the design teams to
the vendors to distribute the ads.
The average monthly salary for a marketing manager is
approximately 1,200,500 CLP.
5. Human Resources Manager:
They are responsible for managing employees. They are also
in charge of directing and coordinating policies regarding personnel, labor
relations, health and safety within the company.
The approximate monthly salary for this position is
1,800,000 CLP.
Final thoughts
The salary of a manager can vary greatly depending on the
position he occupies within the company. However, a person working in an
executive or managerial position in a Chilean company will earn around
2,530,000 CLP per month.
It should also be noted that the top 10% (salaries of the
highest managers) have an average salary of 4,170,000 CLP per month. And the
lowest average (bottom 10%) around 834,000 CLP per month.
Companies definitely require managers who are capable of
managing and leading their employees, which is why they are highly demanded
professionals . The search for talent is real so what are you waiting for?