Average CEO Salary in Lebanon for 2024

In this article, we will look at the average CEO salary for 2024 in Lebanon 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 Lebanese pound. To keep things simple, we are using the LBP currency code instead of the currency symbol ู„.ู„.

How Much Does a CEO Make in Lebanon?

A CEO working in Lebanon will typically earn around 63,360,300 LBP per year, and this can range from the lowest average salary of about 33,599,200 LBP to the highest average salary of 96,240,700 LBP.

Average Annual Salary
63,360,300 LBP
Average Monthly Salary
5,280,025 LBP

Lowest Annual Salary
33,599,200 LBP
Lowest Monthly Salary
2,799,933 LBP

Highest Annual Salary
96,240,700 LBP
Highest Monthly Salary
8,020,058 LBP

These are average salaries for a CEO in Lebanon and include benefits such as housing and transport. It's also possible for a CEO to earn more or less than the average salaries shown above.

CEO 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 CEO Salaries in Lebanon

So we've looked at the average salaries a CEO will earn in Lebanon. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a CEO can earn between 33,599,200 LBP and 96,240,700 LBP on average in Lebanon. 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 a CEO in Lebanon is 59,518,100 LBP. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 59,518,100 LBP, and 50% of the population earn more than 59,518,100 LBP.

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 CEO salary in Lebanon, 25% of the population are earning less than 41,878,100 LBP while 75% of the population earn more than 41,878,100 LBP.

75% of the population earn less than 73,198,300 LBP, and 25% of the population earn more than 73,198,300 LBP.

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.

CEO Salary by Experience Level in Lebanon

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 ceo 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. A CEO in Lebanon that has less than two years of experience can expect to earn somewhere in the region of 38,521,100 LBP.
  • 2 - 5 Years Experience. With two to five years of experience the average CEO salary would increase to 47,401,700 LBP.
  • 5 - 10 Years Experience. From five to ten years of experience as a CEO, the average salary would be 67,079,700 LBP.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 78,358,100 LBP.
  • 15 - 20 Years Experience. A CEO with 15 to 20 years of experience can earn an average of 86,160,100 LBP.
  • 20+ Years Experience. For a CEO with more than 20 years, the expected average salary increases to 91,201,900 LBP.

Average Salary by Experience Chart

0-2 Years
38,521,100 LBP
2-5 Years +23%
47,401,700 LBP
5-10 Years +42%
67,079,700 LBP
10-15 Years +17%
78,358,100 LBP
15-20 Years +10%
86,160,100 LBP
20+ Years +6%
91,201,900 LBP

CEO Salary by Education Level in Lebanon

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 a CEO in Lebanon based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A CEO in Lebanon with a high school education can earn an average salary of 37,318,700 LBP.

  • Certificate or Diploma. A CEO in Lebanon with a certificate or diploma education can earn an average salary of 43,559,400 LBP.

  • Bachelor's Degree. A CEO in Lebanon with a bachelor's degree education can earn an average salary of 53,639,100 LBP.

  • Master's Degree. A CEO in Lebanon with a master's degree education can earn an average salary of 84,960,400 LBP.

  • PhD. A CEO in Lebanon with a phd education can earn an average salary of 91,801,600 LBP.

Average Salary by Education Chart

High School
37,318,700 LBP
Certificate or Diploma +17%
43,559,400 LBP
Bachelor's Degree +23%
53,639,100 LBP
Master's Degree +58%
84,960,400 LBP
PhD +8%
91,801,600 LBP

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 Lebanon is around 11,400,000 to 34,200,000 LBP 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.

CEO 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 Lebanon, a male ceo will earn an average of 66,841,000 LBP, while a female ceo will earn around 57,598,800 LBP.

This means that a male ceo earns approximately 16% more than a female ceo for performing the same job.

Average Salary by Gender Chart in Lebanon

Male
66,841,000 LBP
Female -16%
57,598,800 LBP

CEO Average Pay Raise in Lebanon

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 a CEO in Lebanon is around 13% every 20 months.

The national average pay raise across all professions and industries in Lebanon 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 = ( 13 ÷ 20 ) × 12  = 8%

What this means is that a CEO in Lebanon can expect to receive an average pay raise of around 8% every 12 months.

Annual Pay Raise by Industry in Lebanon for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Lebanon.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
2%
Energy
4%
Information Technology
6%
Healthcare
8%
Travel
1%
Construction
3%
Education
5%

CEO Bonus and Incentive Rates in Lebanon

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.

A CEO is a high bonus based job, with 76% of employees reporting at least one bonus in the last 12 months.

24% 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 8%.

Received Bonus
76%
No Bonus
24%

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 Lebanon earn approximately 12% more than private sector employees in the same role.

Public Sector
28,560,900 LBP
Private Sector -12%
25,440,400 LBP

Salaries for Jobs Similar to a CEO

In the table below, we have salary information for jobs that are similar to a CEO in Lebanon.

Job Title Category Salary
Account Coordinator Executive and Management 27,361,200 LBP
Account Director Executive and Management 32,758,100 LBP
Account Executive Executive and Management 33,001,000 LBP
Account Manager Executive and Management 30,360,800 LBP
Administration Manager Executive and Management 32,639,300 LBP
Administration Officer Executive and Management 16,079,800 LBP
Administration Supervisor Executive and Management 25,561,400 LBP
Administrative Clerk Executive and Management 11,998,600 LBP
Administrative Officer Executive and Management 12,481,200 LBP
Area Director Executive and Management 30,119,100 LBP
Area Manager Executive and Management 30,479,000 LBP
Asset Protection Associate Executive and Management 33,119,100 LBP
Assistant Director Executive and Management 33,599,200 LBP
Assistant General Manager Executive and Management 35,159,900 LBP
Assistant Manager Executive and Management 33,481,400 LBP
Assistant Managing Director Executive and Management 37,441,100 LBP
Assistant Operations Manager Executive and Management 35,398,900 LBP
Assistant Project Manager Executive and Management 34,441,600 LBP
Assistant Section Head Executive and Management 26,880,900 LBP
Assistant to CEO Executive and Management 29,881,100 LBP
Assistant Vice President Executive and Management 33,961,700 LBP
Associate Account Director Executive and Management 33,240,500 LBP
Associate Director Executive and Management 33,360,800 LBP
Bid Manager Executive and Management 37,201,700 LBP
Branch Manager Executive and Management 36,121,000 LBP
Business Development Manager Executive and Management 41,399,600 LBP
Business Operations Associate Executive and Management 32,758,100 LBP
Business Operations Lead Executive and Management 34,441,600 LBP
Campaign Manager Executive and Management 35,878,200 LBP
Catering Coordinator Executive and Management 20,400,600 LBP
Catering Manager Executive and Management 32,398,700 LBP
Chairman of The Board Executive and Management 58,559,300 LBP
Chairman Office Manager Executive and Management 39,241,100 LBP
Chief Commercial Officer Executive and Management 45,961,300 LBP
Chief Corporate Officer Executive and Management 53,158,700 LBP
Chief Executive Officer Executive and Management 64,319,500 LBP
Chief Financial Officer Executive and Management 58,798,900 LBP
Chief Investment Officer Executive and Management 47,640,400 LBP
Chief of Staff Executive and Management 29,761,800 LBP
Chief Operating Officer Executive and Management 49,198,300 LBP
Chief Risk Officer Executive and Management 42,359,400 LBP
Client Account Manager Executive and Management 37,561,000 LBP
Client Accounts Officer Executive and Management 32,280,500 LBP
Client Services Manager Executive and Management 38,878,700 LBP
Commercial Director Executive and Management 44,040,700 LBP
Commercial Manager Executive and Management 36,960,300 LBP
Commercial Project Manager Executive and Management 33,360,800 LBP
Commodity Broker Executive and Management 27,241,100 LBP
COO Executive and Management 48,360,600 LBP
Corporate Affairs Executive Executive and Management 36,718,100 LBP
Corporate Compliance Director Executive and Management 39,241,100 LBP
Corporate Director Executive and Management 42,119,100 LBP
Corporate Officer Executive and Management 28,801,400 LBP
Corporate Partnerships Officer Executive and Management 30,479,000 LBP
Country Manager Executive and Management 46,921,300 LBP
Department Head Executive and Management 36,718,100 LBP
Department Manager Executive and Management 37,441,100 LBP
Department Supervisor Executive and Management 33,001,000 LBP
Deputy Director Executive and Management 44,280,500 LBP
Deputy Manager Executive and Management 45,961,300 LBP
Director Executive and Management 47,758,300 LBP
Director of Accreditation Executive and Management 42,359,400 LBP
Director of Catering Services Executive and Management 38,760,100 LBP
Director of Client Services Executive and Management 39,001,000 LBP
Director of Facilities Management Executive and Management 32,758,100 LBP
Director of Operations Executive and Management 40,199,100 LBP
Director of Process Simplification Executive and Management 33,481,400 LBP
Director of Product Management Executive and Management 42,239,100 LBP
Director of Project Management Executive and Management 44,398,300 LBP
Director of Revenue Management Executive and Management 37,561,000 LBP
Director of Training and Development Executive and Management 39,960,800 LBP
Distribution Manager Executive and Management 43,559,400 LBP
Division Manager Executive and Management 35,521,100 LBP
Duty Manager Executive and Management 37,201,700 LBP
Engagement Manager Executive and Management 45,361,500 LBP
Executive Director Executive and Management 63,840,300 LBP
Executive Manager Executive and Management 49,198,300 LBP
Franchise Manager Executive and Management 53,278,500 LBP
General Manager Executive and Management 51,361,500 LBP
Global Master Data Manager Executive and Management 43,438,200 LBP
Global Technical Lead Executive and Management 30,479,000 LBP
Head of Investment Executive and Management 40,559,300 LBP
Head of Middle Office Executive and Management 39,119,300 LBP
Head of Projects Executive and Management 42,601,100 LBP
Head of Strategy Executive and Management 44,998,200 LBP
Head of Supply Chain Executive and Management 37,441,100 LBP
Head of Sustainability Executive and Management 35,039,300 LBP
Housing Manager Executive and Management 33,360,800 LBP
HSE Manager Executive and Management 35,878,200 LBP
Key Account Manager Executive and Management 35,640,500 LBP
Knowledge Manager Executive and Management 40,079,600 LBP
Location Manager Executive and Management 40,679,700 LBP
Logistics Executive Executive and Management 33,001,000 LBP
Logistics Manager Executive and Management 31,320,700 LBP
Management Consultant Executive and Management 32,161,000 LBP
Management Executive Executive and Management 45,961,300 LBP
Manager Executive and Management 40,799,600 LBP
Managing Director Executive and Management 49,801,000 LBP
MIS Executive Executive and Management 40,079,600 LBP
Ocean Services Manager Executive and Management 43,081,400 LBP
Operational Manager Executive and Management 43,680,700 LBP
Operations Analyst Executive and Management 37,800,500 LBP
Operations Assistant Executive and Management 29,399,100 LBP
Operations Director Executive and Management 47,038,300 LBP
Operations Executive Executive and Management 44,760,700 LBP
Operations Manager Executive and Management 46,438,700 LBP
Operations Supervisor Executive and Management 39,718,900 LBP
Planning Director Executive and Management 44,760,700 LBP
PMO Manager Executive and Management 38,281,500 LBP
Policy Administration Executive Executive and Management 36,240,700 LBP
Private Sector Executive Executive and Management 35,758,400 LBP
Product Development Manager Executive and Management 41,399,600 LBP
Product Executive Executive and Management 36,718,100 LBP
Production Executive Executive and Management 43,438,200 LBP
Production Manager Executive and Management 41,638,700 LBP
Production Supervisor Executive and Management 37,078,800 LBP
Program Director Executive and Management 42,000,700 LBP
Program Manager Executive and Management 44,641,600 LBP
Programme Coordinator Executive and Management 29,278,200 LBP
Project Control Manager Executive and Management 43,921,700 LBP
Project Coordinator Executive and Management 24,841,800 LBP
Project Management Officer Executive and Management 28,439,500 LBP
Project Manager Executive and Management 32,879,500 LBP
Project Portfolio Manager Executive and Management 32,879,500 LBP
Quality Manager Executive and Management 32,639,300 LBP
R/D Director Executive and Management 38,521,100 LBP
Regional Director Executive and Management 56,760,200 LBP
Regional Manager Executive and Management 42,839,200 LBP
Relationship Manager Executive and Management 41,638,700 LBP
Retail District Manager Executive and Management 30,961,800 LBP
Revenue Manager Executive and Management 31,678,800 LBP
Risk and Capital Manager Executive and Management 49,919,200 LBP
Risk Officer Executive and Management 30,841,400 LBP
Safety Manager Executive and Management 30,961,800 LBP
Section Head Executive and Management 31,678,800 LBP
Service Manager Executive and Management 32,038,500 LBP
Shift Supervisor Executive and Management 25,561,400 LBP
Solutions Manager Executive and Management 29,641,500 LBP
Supervisor Executive and Management 26,399,200 LBP
Supply Chain Manager Executive and Management 44,519,300 LBP
Surveyor Executive and Management 29,399,100 LBP
Technical Director Executive and Management 42,119,100 LBP
Technical Manager Executive and Management 42,000,700 LBP
Territory Manager Executive and Management 42,719,800 LBP
Validation Manager Executive and Management 35,159,900 LBP
Vice President Executive and Management 52,681,700 LBP
Zone Manager Executive and Management 41,878,100 LBP

Salary Comparison by City

If you want to compare salaries with different cities in Lebanon, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Beirut 68,639,200 LBP

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