Average Salary of Executives and Executives in Sri Lanka 2023 – The Complete Guide (2023)

Table of Contents
How much can someone earn in an administrative and managerial position in Sri Lanka? remuneration for a particular job Executive and Executive Jobs Salary and Salary Scale in Sri Lanka Salary structure and salary scale comparison Median salary, highest and lowest wages, minimum wages, starting salaries and salary ranges Years of experience Salary comparison How does someone's salary change over time? Compare salaries by degree How does the level of education affect your salary? Salary and compensation by gender - Implementation and management Salary comparison by gender for all occupations in Sri Lanka Percentage increase in the average annual salary of executives and executives in Sri Lanka What is the annual salary increase for executives and management professionals in Sri Lanka? How often are employees trained? Execution and Management Sri Lanka / All professions Annual growth rate by industry in 2022 Global wage growth: all countries and all jobs Executive and Leadership Bonuses and Incentive Rates in Sri Lanka How often and how much are bonuses paid out? Types of Bonuses Considered What makes this position worthy of a generous bonus and high salary? Comparison of seniority bonus Executive en Executive Compensation Prognoses en trends in Sri Lanka How has executive and executive compensation changed over time? The graph below shows the average salaries in recent years. Average hourly wage for executives and executives in Sri Lanka Average hourly wage (wage per hour) inSri LankaAnd700LKRThis means that the average resident of Sri Lanka earns about SEK 700 per hour worked. About hourly wages What is the minimum hourly wage? Leadership and management versus other jobs Salary comparison by city Salary comparison between the government and the private sector Salary statistics and calculation guide Gross pay (before tax) and net pay (after tax)

How much can someone earn in an administrative and managerial position in Sri Lanka?


Average Salary of Executives and Executives in Sri Lanka 2023 – The Complete Guide (1)

average monthly salary

121 000 LKR

(1 460 000LKRPer year)


Map
40100
LKR
Average
121 000
LKR
High
200 000
LKR

to work aloneExecution and ManagementWSri Lankausually earns approx121.000 lakronone month. salary ranging from40 100 rupees(lowest average) to200,000 rupees(average maximum, actual maximum salary higher).

This is the average monthly salary, including accommodation, transportation and other benefits. Salaries vary widely between different administrative and management occupations. If you are interested in the salary of a specific job, you will find job-specific salary information below.

remuneration for a particular job

Placeaverage expenses
Client Coordinator88 000 Lacron
Executive Administrator109 000 Lacron
Regional Director99 000 Lacron
Asset Protection Assistant113,000 rupees
adjunct-director104 000 Lacron
assistant118 000 lakron
Assistant Operations Manager119 000 lakron
Assistant project leader112 000 lakron
Assistant van head of department93 400 rupees
president99 300 rupees
Assistant to the Vice President115 000 lakron
adjunct-director109 000 Lacron
Offers Manager119 000 lakron
branch manager118 000 lakron
Manager Market Development134,000 rupees
Operations employee106 000 lakron
Head of Operations110,000 rupees
event manager126 000 lakron
Chairman of the Board of Directors196,000 rupees
chief of staff to the president130,000 rupees
Corporate Affairs Director170,000 rupees
Director207,000 rupees
Finance Director188 000 Lacron
chief of staff101 000 lakron
Director156,000 rupees
Director of Risk138,000 rupees
Customer service manager130,000 rupees
commercial project manager118 000 lakron
broker89 800 rupees
Corporate Affairs Director131,000 rupees
Corporate Compliance Director136 000 lakron
company director143,000 rupees
company representative97 800 rupees
Employee Corporate Partnerships96,400 rupees
regional manager157 000 Lacron
adjunct-director148 000 lakron
Director155 000 Lacron
Review director140,000 rupees
Food and Beverage Director126 000 lakron
Director of Customer Service139 000 lakron
Facilities Management Director116 000 Lacron
Director140,000 rupees
Director of Process Simplification105 000 lakron
Director of project management142,000 rupees
Director of Revenue Management124.000 lakron
Director of Training and Development137 000 lakron
Distribution manager147,000 rupees
branch manager123,000 rupees
manager116 000 Lacron
engagement manager149 000 Lacron
executive director213,000 rupees
executive administrator163,000 rupees
franchise manager171,000 rupees
main responsible169,000 rupees
Global Master Data Manager149 000 Lacron
mediocre office manager131,000 rupees
Project Manager136 000 lakron
Sustainability manager117 000 lakron
house manager107 000 Lacron
Manager Health and Safety119 000 lakron
Key account manager121.000 lakron
knowledge manager130,000 rupees
location manager127 000 Lacron
logistics manager111 000 lakron
management consultant115 000 lakron
director144,000 rupees
manager138,000 rupees
director175 000 Lacron
Director Management Information Systems140,000 rupees
Manager Maritime Services150,000 rupees
Operational assistant102 000 Lacron
Director154,000 rupees
Director153,000 rupees
operations manager155 000 Lacron
operational manager130,000 rupees
Director of Policy Management118 000 lakron
private sector director120,000 rupees
product developer manager141,000 rupees
Product Director127 000 Lacron
product manager134,000 rupees
product manager138,000 rupees
production manager124.000 lakron
Project Manager144,000 rupees
Project coordinator104 000 Lacron
Project Control Manager150,000 rupees
Project coordinator85 800 rupees
project management employee97 000 Lacron
Project Manager100,000 rupees
Portfolio manager110,000 rupees
quality manager108 000 lakron
R&D Director123,000 rupees
Regional Director185,000 rupees
Regional Manager139 000 lakron
relationship manager134,000 rupees
business district manager99 800 rupees
revenue manager111 000 lakron
Risk and capital manager162,000 rupees
risk officer108 000 lakron
security manager110,000 rupees
department head105 000 lakron
service Manager114,000 rupees
Supervisor on duty82 700 rupees
solution manager96 200 rupees
manager83 700 rupees
chain director145 000 Lacron
inspector99 800 rupees
technical manager139 000 lakron
regional manager132,000 rupees
authentication manager118 000 lakron
Deputy Director165,000 rupees
regional manager143,000 rupees

Executive and Executive Jobs Salary and Salary Scale in Sri Lanka

Average Salary of Executives and Executives in Sri Lanka 2023 – The Complete Guide (3)

Salary structure and salary scale comparison

5%people earn
108,000 rupees or more

10%people earn
91 700 to 108 000 rupees

20%people earn
Rs 55.000 of minder

65%people earn
55 000 dead 91 700 LKR

Average Salary of Executives and Executives in Sri Lanka 2023 – The Complete Guide (4)

minimum wage
40 100 rupees

Average Salary of Executives and Executives in Sri Lanka 2023 – The Complete Guide (5)

to the media
114,000 rupees

Average Salary of Executives and Executives in Sri Lanka 2023 – The Complete Guide (6)

maximum
200,000 rupees

Median salary, highest and lowest wages, minimum wages, starting salaries and salary ranges

  • Salary ranges, minimum wages and starting salaries

    Salaries for executives and administrators in Sri Lanka range from LKR 40,100 per month (average starting salary) to LKR 200,000 per month (highest average salary, actual maximum is higher).This is not the legal minimum wage, but the lowest figure recorded in a salary survey involving thousands of participants and professionals from around the country.

  • average salary

    The average salary is LKR 114,000 per month, which means that half (50%) of those employed in managerial and managerial positions earn less than LKR 114,000 and the other half earn more than LKR 114,000. The median represents the average salary value. In general, you want the group on the right side of the chart to earn more than the median salary.

  • Percentages and salary scales

    Two values ​​are closely related to the median: the 25th and 75th percentile. The salary distribution table shows that 25% of executives and management positions earn less than 85,700 yuan and 75% of them earn more than 85,700 yuan. Also, the chart shows that 75% of people in administrative and management positions earn less than Rs 135,000 while 25% earn more than Rs 135,000.

  • salary scale structure

    We've grouped the most common and recurring salaries in brackets to give you a better idea of ​​what to expect. This method is more accurate than average salaries and can give you more insight into the actual salary distribution. About 65% of all reported figures were between Rs 55,000 and Rs 91,700. About 20% below the limit of LKR 55,000. Ten percent salaries range from Rs 91,700 to Rs 108,000. Only 5% earned Rs 108,000 or more.

Years of experience Salary comparison

How does someone's salary change over time?

Average Salary of Executives and Executives in Sri Lanka 2023 – The Complete Guide (7)

Level of experience is the most important factor in determining salary. Of course, the more experience, the higher the salary.

In general, employees with two to five years of work experience earn an average of 32% more than entry-level and junior employees across all industries and disciplines.

Professionals with five years or more of work experience earn an average of 36 percent more than those with five years or less.

Salary depends on experiencecompletely differentfrom one place to anotherstrongly depending onAlso in the career field. The data shown here is a composite average of many different tasks. Select a specific position to see the exact details.

After 10 years, the salary was increased by 21% and those over 15 received a 14% increase.

These figures are for reference only. These numbers become even more important if you look at one position at a time.

When someone has more than 10 years* of work experience, his salary is on average twice the starting salary.

*Based on average salary over time. Salary differences vary from person to person.

Compare salaries by degree

How does the level of education affect your salary?

Average Salary of Executives and Executives in Sri Lanka 2023 – The Complete Guide (8)

It makes sense that higher education and higher wages, but how much can a degree increase your income? We compared the salaries of specialists at the same level but with different degrees in a number of positions and here are our findings.

Salary changes depending on educationcompletely differentfrom one place to anotherstrongly depending onAlso in the career field. The data shown here is a cumulative average of multiple tasks. Select a specific position to see the exact details.

Employees with a certificate or diploma earn an average of 17 percent more than their peers with only a high school education.

Employees with a bachelor's degree earn 24% more than employees with only a certificate or diploma.

Professionals with a master's degree earn 29 percent more than people with a bachelor's degree.

Finally, those with a doctorate earned an average of 23 percent more than those with a master's degree for the same job.


Is a master's or MBA degree worth it? Is higher education worth it?

Master's degree or a postgraduate degreeSri Lankacosts everywhere449 000Sri Lankan rupee to1 350 000The Sri Lankan rupee lasts about two years. This is no small investment.

You cannot expect a salary increase during your studies, assuming you are already working. In most cases, salary reviews are performed after completing training and obtaining a degree.

Many people use higher education as a strategy to move into higher paying jobs. The numbers seem to support this strategy. The average salary increase when changing jobs is about 10% higher than the usual salary increase.

This decision really depends on your situation and experience, among many other factors. All variables aside, if you can afford higher education, the return on investment is well worth it. You should be able to recoup your costs in about a year.

Salary and compensation by gender - Implementation and management

Average Salary of Executives and Executives in Sri Lanka 2023 – The Complete Guide (9)

While gender shouldn't affect wages, it does. So who earns more: men or women? In Sri Lanka, male employees in administrative and management positions earn on average 17% more than their female colleagues.

man

131,000 rupees

To miss-14%

112 000 lakron

Percent increase or decrease refers to the previous value


Salary comparison by gender for all occupations in Sri Lanka

Average Salary of Executives and Executives in Sri Lanka 2023 – The Complete Guide (10)

43 professions where women pay more than men! Display list

Percentage increase in the average annual salary of executives and executives in Sri Lanka

What is the annual salary increase for executives and management professionals in Sri Lanka? How often are employees trained?

Execution and Management

Salaries for administrative and management professionals in Sri Lanka are likely to increase by about 12% every 14 months. The national average annual growth rate for all occupations combined is 9%, awarded to employees every 17 months.

Average Salary of Executives and Executives in Sri Lanka 2023 – The Complete Guide (11)

The numbers given here are averages. These figures should be regarded as general guidelines. Salary increases 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 can get a raise.

Sri Lanka / All professions

Average Salary of Executives and Executives in Sri Lanka 2023 – The Complete Guide (12)

deadline"Annual salary increase"Usually this refers to increases within 12 calendar months, but since people rarely review their salary in exactly one year, it makes more sense to know how often and at what rate increases occur.

How do you calculate the percentage wage increase?

You can easily calculate the annual salary increase for a calendar year (12 months) as follows:Annual salary increase = increase x 12 ÷ frequency increase

The average salary increase per year (12 months) in Sri Lanka is6%.

Annual growth rate by industry in 2022

banking

6%

vitality

3%

information Technology

9%

healthcare

6%

reis

3%

to hang

9%

teach

6%

Above are the average annual growth rates for various industries in Sri Lanka through 2022. Companies in booming sectors tend to offer higher and more frequent raises. There are exceptions, but in general the situation of each company is closely related to the economic situation of the country or region in which it is located. These numbers change regularly.


Global wage growth: all countries and all jobs

Average Salary of Executives and Executives in Sri Lanka 2023 – The Complete Guide (13)


Compensation Packages and Programs

Not all increases are directly reflected in your salary. Some companies offer employees better deals than cash. The figures provided only include direct increases in base salary.

Executive and Leadership Bonuses and Incentive Rates in Sri Lanka

How often and how much are bonuses paid out?Average Salary of Executives and Executives in Sri Lanka 2023 – The Complete Guide (14)

Execution and Managementconsidered an AHighBonus based fields. Those who earn the top prizes are usually involved in the monetization cycle in some way.

20%Respondents in Executive and Management said they had not received any bonuses or incentives in the previous year80%Indicates that they received at least one form of cash bonus.

Those who received bonuses reported from5%Doing9%your annual salary.

received bonus

80%

no bonus

20%

Types of Bonuses Considered

individual performance bonus

The most standard form of bonus, employees are rewarded based on their outstanding performance.

Company performance bonus

Sometimes companies like to celebrate excess income and profits with their employees in the form of bonuses that are sent to everyone. Bonus amounts may vary from person to person depending on their role in the organization.

goal-based bonus

Earn rewards when important goals or milestones are achieved.

Christmas/year-end bonus

These types of bonuses are free and often resemble approval chips.

Bonuses are not commissions!

People often confuse bonuses with commissions. Commissions are predetermined rates at which someone is paid for selling an item or completing a transaction, while bonuses are usually random and unplanned.


What makes this position worthy of a generous bonus and high salary?

Two main types of work

Source of incomeSupporting role

An employee who is directly involved in generating revenue or profit for the organization. Their specialization usually corresponds to the type of business they run.

Employees who support and facilitate the work of income generators. Their expertise is often separate from the company's core activities.

example:
A graphic designer who works for a graphic design firm.

example:
Graphic designer for the hospital's marketing department.

Income makers tend to earn higher bonuses, higher salaries and more frequent pay raises. The reason is simple: it is easier to monetize your value to the company when you are involved in monetization.

Try to work for a company where your skills can generate income. Not all of us can generate income, and that's okay.

Comparison of seniority bonus

Top management and senior employees, of course, show higher rates and bonus frequencies than junior employees. This is very predictable due to the inherent responsibility of moving up the hierarchy. Those at the top of the pyramid can easily double or triple the bonus percentage of those at the bottom of the pyramid.

Executive en Executive Compensation Prognoses en trends in Sri Lanka

How has executive and executive compensation changed over time? The graph below shows the average salaries in recent years.

Average salary in 2019

105 000 lakron

Average salary in 2020+4%

109 000 Lacron

Average salary 2021+4%

113,000 rupees

Average salary in 2022+4%

117 000 lakron

Percent increase or decrease refers to the previous value

Salaries of directors and executives in Sri Lanka increased in 2023 according to recently filed salaries and reports. As you can see in the chart, wages will be 4% higher in 2022 than in 2021. This trend points to slow but steady wage growth in 2024 and beyond. These figures may vary by industry.

Average Salary of Executives and Executives in Sri Lanka 2023 – The Complete Guide (15)

Top 10 Highest Paying Careers In Sri Lanka See Full List

Average hourly wage for executives and executives in Sri Lanka

Average Salary of Executives and Executives in Sri Lanka 2023 – The Complete Guide (17) 700LKRAn hour

Average hourly wage (wage per hour) inSri LankaAnd700LKRThis means that the average resident of Sri Lanka earns about SEK 700 per hour worked.

Hourly wage = annual salary ÷ (52×5×8)


About hourly wages

The hourly rate is the wage paid for each hour worked. In general, jobs fall into two categories: salaried jobs and hourly jobs. Paid jobs pay a fixed amount regardless of hours worked. Hourly workers paid by the hour. The above formula is used to convert salary to an hourly rate (assuming a 5-day work week, 8-hour days, which is standard for most professions). The calculation of the hourly rate may vary slightly depending on the number of hours worked per week and annual holiday allowances. The numbers listed above are good approximations and are considered standard. One of the main differences between salaried and hourly employees is the right to overtime. Unlike hourly wage earners, salaried employees are generally exempt from overtime.

What is the minimum hourly wage?

In Sri Lanka, the minimum hourly wage for a person is 230 rupees. This is the minimum wage derived from data collected in salary surveys, not the legally required minimum hourly wage.

You deserve a raise, but you don't know how to ask for it. Check out our 25 salary increase email examples

Leadership and management versus other jobs

121.000 lakron

89 800 rupees

average expenses
Execution and Management

average expenses
all works

The average salary for management and management positions is 35% higher than for all occupations.

Average Salary of Executives and Executives in Sri Lanka 2023 – The Complete Guide (18)

21 high-paying jobs that don't require a college degree! Display list

Salary comparison by city

Cityaverage expenses
colombo144,000 rupees

Salary comparison between the government and the private sector

Where can you earn more income by working for a private company or the government? Public sector workers in Sri Lanka earn an average of 8% more than their private sector counterparts across all sectors.

Privesector

86,000 rupees

Public sector+8%

92 500 rupees

Percent increase or decrease refers to the previous value

Salary statistics and calculation guide

What would be a good and competitive salary for executives and executives in Sri Lanka?

Good and competitive salary between LKR 114,000 and LKR 135,000. This is a very rough estimate and your experience and education will play a very important role in your final income.

Gross pay (before tax) and net pay (after tax)

All wages and salary amounts shown here are gross, ie wages before deduction of taxes. Since taxes vary by industry and location, it can be difficult to accurately calculate the after-tax net salt for each occupation.

basic/basic salary

The base salary for executives and executives in Sri Lanka ranges between Rs 85,700 and Rs 135,000. Base salary depends on many factors, including experience and education. It's not easy to come up with a number with very little information, so take the range with a grain of salt.


What is the difference between Average Salary and Median Salary?

Both are pointers. If your salary is above the average and the median, then you are doing well. If your salary is less than both, it means that many people earn more than you and have a lot of work to do. Things get a little more complicated if your salary falls between the average and the median. We've written a guide explaining all the different scenarios.how to compare your salaries

all works»Execution and Management

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