Average Assistant Vice President Salary in Novi Sad, Serbia for 2026
In this article, we will look at the average Assistant Vice President salary for 2026 in Novi Sad and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!
The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.
All salary information is in the local currency, which is the Serbian dinar. To keep things simple, we are using the RSD currency code instead of the currency symbol дин..
How Much Does an Assistant Vice President Make in Novi Sad?
An Assistant Vice President working in Novi Sad will typically earn around 2,110,600 RSD per year, and this can range from the lowest average salary of about 1,037,000 RSD to the highest average salary of 3,299,800 RSD.
These are average salaries for an Assistant Vice President in Novi Sad and include benefits such as housing and transport. It's also possible for an Assistant Vice President to earn more or less than the average salaries shown above.
Assistant Vice President salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.
Distribution of Assistant Vice President Salaries in Novi Sad
So we've looked at the average salaries an Assistant Vice President will earn in Novi Sad. The next interesting data point is the distribution of salaries.
Salary ranges
We already know that an Assistant Vice President can earn between 1,037,000 RSD and 3,299,800 RSD on average in Novi Sad. This is known as the range in statistics.
The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.
Median salary
The median salary for an Assistant Vice President in Novi Sad is 2,161,200 RSD. This is the middle value in the distribution of salaries.
What this means is that approximately 50% of the population earn less than 2,161,200 RSD, and 50% of the population earn more than 2,161,200 RSD.
If you are earning more than the median salary, that's a good indicator that you are being paid well.
If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).
Percentiles
Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.
For the average Assistant Vice President salary in Novi Sad, 25% of the population are earning less than 1,440,700 RSD while 75% of the population earn more than 1,440,700 RSD.
75% of the population earn less than 2,782,600 RSD, and 25% of the population earn more than 2,782,600 RSD.
Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.
The difference between a median and an average salary
The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.
- If your salary is higher than the average and the median salary, you are earning well compared to others.
- If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
- If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.
Assistant Vice President Salary by Experience Level in Novi Sad
The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.
We have researched the average Assistant Vice President salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.
- 0 - 2 Years Experience. An Assistant Vice President in Novi Sad that has less than two years of experience can expect to earn somewhere in the region of 1,224,800 RSD.
- 2 - 5 Years Experience. With two to five years of experience the average Assistant Vice President salary would increase to 1,570,900 RSD.
- 5 - 10 Years Experience. From five to ten years of experience as an Assistant Vice President, the average salary would be 2,173,000 RSD.
- 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 2,698,900 RSD.
- 15 - 20 Years Experience. An Assistant Vice President with 15 to 20 years of experience can earn an average of 2,893,600 RSD.
- 20+ Years Experience. For an Assistant Vice President with more than 20 years, the expected average salary increases to 3,085,500 RSD.
Average Salary by Experience Chart
| 0-2 Years | - | 1,224,800 RSD |
| 2-5 Years | +29% | 1,570,900 RSD |
| 5-10 Years | +38% | 2,173,000 RSD |
| 10-15 Years | +24% | 2,698,900 RSD |
| 15-20 Years | +7% | 2,893,600 RSD |
| 20+ Years | +7% | 3,085,500 RSD |
Assistant Vice President Salary by Education Level in Novi Sad
As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?
In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.
The salary you can earn based on your education is very specific to both your location and the career path you choose.
In our research, we looked at the average salary for an Assistant Vice President in Novi Sad based on the education level of the employees in order to find out whether a better education level would increase your salary.
- High School. An Assistant Vice President in Novi Sad with a high school education can earn an average salary of 1,537,500 RSD.
- Certificate or Diploma. An Assistant Vice President in Novi Sad with a certificate or diploma education can earn an average salary of 1,765,300 RSD.
- Bachelor's Degree. An Assistant Vice President in Novi Sad with a bachelor's degree education can earn an average salary of 2,362,300 RSD.
- Master's Degree. An Assistant Vice President in Novi Sad with a master's degree education can earn an average salary of 2,976,900 RSD.
Average Salary by Education Chart
| High School | - | 1,537,500 RSD |
| Certificate or Diploma | +15% | 1,765,300 RSD |
| Bachelor's Degree | +35% | 2,362,300 RSD |
| Master's Degree | +26% | 2,976,900 RSD |
How Much is a Master's Degree or MBA Program?
The approximate cost of a master's degree or post-graduate program like an MBA in Serbia is around 701,000 to 2,100,000 RSD and takes two years to complete.
As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.
It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.
Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.
Assistant Vice President Salary Compared by Gender
In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.
In Novi Sad, a male assistant vice president will earn an average of 2,124,400 RSD, while a female assistant vice president will earn around 2,015,600 RSD.
This means that a male assistant vice president earns approximately 5% more than a female assistant vice president for performing the same job.
Average Salary by Gender Chart in Novi Sad
| Male | - | 2,124,400 RSD |
| Female | -5% | 2,015,600 RSD |
Assistant Vice President Average Pay Raise in Novi Sad
In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.
From our research, we can see that the average pay raise for an Assistant Vice President in Novi Sad is around 12% every 19 months.
The national average pay raise across all professions and industries in Serbia is around 7% every 20 months.
In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.
To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:
Annual Increase = ( Increase Rate ÷ Months ) × 12
So for this example, it would be:
Annual Increase = ( 12 ÷ 19 ) × 12 = 8%
What this means is that an Assistant Vice President in Novi Sad can expect to receive an average pay raise of around 8% every 12 months.
Annual Pay Raise by Industry in Novi Sad for 2026
In the chart below, you can see the average annual pay raise percentages for each of the major industries in Serbia.
You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.
| Banking | - | 4% |
| Energy | - | 8% |
| Information Technology | - | 3% |
| Healthcare | - | 7% |
| Travel | - | 2% |
| Construction | - | 6% |
| Education | - | 1% |
Assistant Vice President Bonus and Incentive Rates in Novi Sad
Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.
Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.
An Assistant Vice President is a high bonus based job, with 73% of employees reporting at least one bonus in the last 12 months.
27% reported that they had not received any bonuses in the previous 12 months.
For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 6% to 7%.
| Received Bonus | - | 73% |
| No Bonus | - | 27% |
What are the Types of Bonus?
There are a number of difference types of bonus you can receive in a job. Including:
- Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
- Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
- Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
- Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.
Government vs Private Sector Salaries
Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.
Public sector employees in Serbia earn approximately 15% more than private sector employees in the same role.
| Public Sector | - | 1,800,200 RSD |
| Private Sector | -15% | 1,570,900 RSD |
Salaries for Jobs Similar to an Assistant Vice President
In the table below, we have salary information for jobs that are similar to an Assistant Vice President in Novi Sad.
| Job Title | Category | Salary |
|---|---|---|
| Account Coordinator | Executive and Management | 1,537,500 RSD |
| Account Director | Executive and Management | 1,858,200 RSD |
| Account Executive | Executive and Management | 1,800,200 RSD |
| Account Manager | Executive and Management | 1,765,300 RSD |
| Administration Manager | Executive and Management | 1,870,400 RSD |
| Administration Officer | Executive and Management | 991,000 RSD |
| Administration Supervisor | Executive and Management | 1,537,500 RSD |
| Administrative Clerk | Executive and Management | 714,300 RSD |
| Administrative Officer | Executive and Management | 733,300 RSD |
| Area Director | Executive and Management | 1,716,600 RSD |
| Area Manager | Executive and Management | 1,751,700 RSD |
| Asset Protection Associate | Executive and Management | 1,870,400 RSD |
| Assistant Director | Executive and Management | 1,870,400 RSD |
| Assistant General Manager | Executive and Management | 1,908,800 RSD |
| Assistant Manager | Executive and Management | 2,076,600 RSD |
| Assistant Managing Director | Executive and Management | 2,161,200 RSD |
| Assistant Operations Manager | Executive and Management | 2,110,600 RSD |
| Assistant Project Manager | Executive and Management | 1,800,200 RSD |
| Assistant Section Head | Executive and Management | 1,621,400 RSD |
| Assistant to CEO | Executive and Management | 1,741,800 RSD |
| Associate Account Director | Executive and Management | 1,896,700 RSD |
| Associate Director | Executive and Management | 1,882,700 RSD |
| Bid Manager | Executive and Management | 2,184,900 RSD |
| Branch Manager | Executive and Management | 2,052,200 RSD |
| Business Development Manager | Executive and Management | 2,339,200 RSD |
| Business Operations Associate | Executive and Management | 1,811,000 RSD |
| Business Operations Lead | Executive and Management | 1,858,200 RSD |
| CEO | Executive and Management | 3,733,300 RSD |
| COO | Executive and Management | 2,773,700 RSD |
| Campaign Manager | Executive and Management | 2,052,200 RSD |
| Catering Coordinator | Executive and Management | 1,116,700 RSD |
| Catering Manager | Executive and Management | 1,896,700 RSD |
| Chairman Office Manager | Executive and Management | 2,230,100 RSD |
| Chairman of The Board | Executive and Management | 3,432,600 RSD |
| Chief Commercial Officer | Executive and Management | 2,662,900 RSD |
| Chief Corporate Officer | Executive and Management | 2,928,100 RSD |
| Chief Executive Officer | Executive and Management | 3,553,500 RSD |
| Chief Financial Officer | Executive and Management | 3,168,300 RSD |
| Chief Investment Officer | Executive and Management | 2,734,500 RSD |
| Chief Operating Officer | Executive and Management | 2,653,700 RSD |
| Chief Risk Officer | Executive and Management | 2,254,400 RSD |
| Chief of Staff | Executive and Management | 1,703,200 RSD |
| Client Account Manager | Executive and Management | 2,197,700 RSD |
| Client Accounts Officer | Executive and Management | 1,835,700 RSD |
| Client Services Manager | Executive and Management | 2,266,400 RSD |
| Commercial Director | Executive and Management | 2,339,200 RSD |
| Commercial Manager | Executive and Management | 2,110,600 RSD |
| Commercial Project Manager | Executive and Management | 1,921,500 RSD |
| Commodity Broker | Executive and Management | 1,487,200 RSD |
| Corporate Affairs Executive | Executive and Management | 2,161,200 RSD |
| Corporate Compliance Director | Executive and Management | 2,281,800 RSD |
| Corporate Director | Executive and Management | 2,374,400 RSD |
| Corporate Officer | Executive and Management | 1,621,400 RSD |
| Corporate Partnerships Officer | Executive and Management | 1,741,800 RSD |
| Country Manager | Executive and Management | 2,734,500 RSD |
| Department Head | Executive and Management | 2,281,800 RSD |
| Department Manager | Executive and Management | 2,266,400 RSD |
| Department Supervisor | Executive and Management | 1,942,700 RSD |
| Deputy Director | Executive and Management | 2,435,600 RSD |
| Deputy Manager | Executive and Management | 2,495,600 RSD |
| Director | Executive and Management | 2,868,600 RSD |
| Director of Accreditation | Executive and Management | 2,266,400 RSD |
| Director of Catering Services | Executive and Management | 2,230,100 RSD |
| Director of Client Services | Executive and Management | 2,290,300 RSD |
| Director of Facilities Management | Executive and Management | 2,038,500 RSD |
| Director of Operations | Executive and Management | 2,389,200 RSD |
| Director of Process Simplification | Executive and Management | 1,870,400 RSD |
| Director of Product Management | Executive and Management | 2,281,800 RSD |
| Director of Project Management | Executive and Management | 2,401,300 RSD |
| Director of Revenue Management | Executive and Management | 2,136,200 RSD |
| Director of Training and Development | Executive and Management | 2,352,500 RSD |
| Distribution Manager | Executive and Management | 2,495,600 RSD |
| Division Manager | Executive and Management | 2,100,900 RSD |
| Duty Manager | Executive and Management | 2,065,400 RSD |
| Engagement Manager | Executive and Management | 2,423,000 RSD |
| Executive Director | Executive and Management | 3,577,600 RSD |
| Executive Manager | Executive and Management | 2,807,200 RSD |
| Franchise Manager | Executive and Management | 3,178,700 RSD |
| General Manager | Executive and Management | 2,807,200 RSD |
| Global Master Data Manager | Executive and Management | 2,557,100 RSD |
| Global Technical Lead | Executive and Management | 1,668,900 RSD |
| HSE Manager | Executive and Management | 1,967,000 RSD |
| Head of Investment | Executive and Management | 2,401,300 RSD |
| Head of Middle Office | Executive and Management | 2,327,100 RSD |
| Head of Projects | Executive and Management | 2,304,300 RSD |
| Head of Strategy | Executive and Management | 2,819,600 RSD |
| Head of Supply Chain | Executive and Management | 2,281,800 RSD |
| Head of Sustainability | Executive and Management | 2,076,600 RSD |
| Housing Manager | Executive and Management | 1,955,300 RSD |
| Key Account Manager | Executive and Management | 2,086,500 RSD |
| Knowledge Manager | Executive and Management | 2,221,600 RSD |
| Location Manager | Executive and Management | 2,314,800 RSD |
| Logistics Executive | Executive and Management | 1,870,400 RSD |
| Logistics Manager | Executive and Management | 1,800,200 RSD |
| MIS Executive | Executive and Management | 2,374,400 RSD |
| Management Consultant | Executive and Management | 1,896,700 RSD |
| Management Executive | Executive and Management | 2,557,100 RSD |
| Manager | Executive and Management | 2,485,800 RSD |
| Managing Director | Executive and Management | 2,844,200 RSD |
| Ocean Services Manager | Executive and Management | 2,605,500 RSD |
| Operational Manager | Executive and Management | 2,593,900 RSD |
| Operations Analyst | Executive and Management | 2,136,200 RSD |
| Operations Assistant | Executive and Management | 1,741,800 RSD |
| Operations Director | Executive and Management | 2,662,900 RSD |
| Operations Executive | Executive and Management | 2,593,900 RSD |
| Operations Manager | Executive and Management | 2,759,700 RSD |
| Operations Supervisor | Executive and Management | 2,290,300 RSD |
| PMO Manager | Executive and Management | 2,281,800 RSD |
| Planning Director | Executive and Management | 2,495,600 RSD |
| Policy Administration Executive | Executive and Management | 2,052,200 RSD |
| Private Sector Executive | Executive and Management | 2,136,200 RSD |
| Product Development Manager | Executive and Management | 2,389,200 RSD |
| Product Executive | Executive and Management | 2,003,200 RSD |
| Production Executive | Executive and Management | 2,362,300 RSD |
| Production Manager | Executive and Management | 2,423,000 RSD |
| Production Supervisor | Executive and Management | 2,124,400 RSD |
| Program Director | Executive and Management | 2,557,100 RSD |
| Program Manager | Executive and Management | 2,471,700 RSD |
| Programme Coordinator | Executive and Management | 1,678,300 RSD |
| Project Control Manager | Executive and Management | 2,593,900 RSD |
| Project Coordinator | Executive and Management | 1,440,700 RSD |
| Project Management Officer | Executive and Management | 1,741,800 RSD |
| Project Manager | Executive and Management | 1,741,800 RSD |
| Project Portfolio Manager | Executive and Management | 1,955,300 RSD |
| Quality Manager | Executive and Management | 1,858,200 RSD |
| R/D Director | Executive and Management | 2,076,600 RSD |
| Regional Director | Executive and Management | 3,144,700 RSD |
| Regional Manager | Executive and Management | 2,566,100 RSD |
| Relationship Manager | Executive and Management | 2,495,600 RSD |
| Retail District Manager | Executive and Management | 1,741,800 RSD |
| Revenue Manager | Executive and Management | 1,882,700 RSD |
| Risk Officer | Executive and Management | 1,908,800 RSD |
| Risk and Capital Manager | Executive and Management | 2,605,500 RSD |
| Safety Manager | Executive and Management | 1,811,000 RSD |
| Section Head | Executive and Management | 1,835,700 RSD |
| Service Manager | Executive and Management | 1,990,300 RSD |
| Shift Supervisor | Executive and Management | 1,537,500 RSD |
| Solutions Manager | Executive and Management | 1,645,600 RSD |
| Supervisor | Executive and Management | 1,537,500 RSD |
| Supply Chain Manager | Executive and Management | 2,519,500 RSD |
| Surveyor | Executive and Management | 1,693,600 RSD |
| Technical Director | Executive and Management | 2,207,600 RSD |
| Technical Manager | Executive and Management | 2,352,500 RSD |
| Territory Manager | Executive and Management | 2,314,800 RSD |
| Validation Manager | Executive and Management | 2,136,200 RSD |
| Vice President | Executive and Management | 2,998,500 RSD |
| Zone Manager | Executive and Management | 2,566,100 RSD |
Salary Comparison by City
If you want to compare salaries with different cities in Serbia, you can use the links below to explore the data for each specific city we have researched.
| City | Average Salary |
|---|---|
| Belgrade | 2,304,300 RSD |
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