Average Head of Strategy Salary in Estonia for 2024

In this article, we will look at the average Head of Strategy salary for 2024 in Estonia 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 Euro. To keep things simple, we are using the EUR currency code instead of the currency symbol โ‚ฌ.

How Much Does a Head of Strategy Make in Estonia?

A Head of Strategy working in Estonia will typically earn around 54,140 EUR per year, and this can range from the lowest average salary of about 26,020 EUR to the highest average salary of 87,020 EUR.

Average Annual Salary
54,140 EUR
Average Monthly Salary
4,511 EUR

Lowest Annual Salary
26,020 EUR
Lowest Monthly Salary
2,168 EUR

Highest Annual Salary
87,020 EUR
Highest Monthly Salary
7,251 EUR

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

Head of Strategy 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 Head of Strategy Salaries in Estonia

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

Salary ranges

We already know that a Head of Strategy can earn between 26,020 EUR and 87,020 EUR on average in Estonia. 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 Head of Strategy in Estonia is 57,360 EUR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 57,360 EUR, and 50% of the population earn more than 57,360 EUR.

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 Head of Strategy salary in Estonia, 25% of the population are earning less than 36,700 EUR while 75% of the population earn more than 36,700 EUR.

75% of the population earn less than 78,500 EUR, and 25% of the population earn more than 78,500 EUR.

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.

Head of Strategy Salary by Experience Level in Estonia

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 head of strategy 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 Head of Strategy in Estonia that has less than two years of experience can expect to earn somewhere in the region of 26,280 EUR.
  • 2 - 5 Years Experience. With two to five years of experience the average Head of Strategy salary would increase to 37,740 EUR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Head of Strategy, the average salary would be 55,020 EUR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 69,240 EUR.
  • 15 - 20 Years Experience. A Head of Strategy with 15 to 20 years of experience can earn an average of 74,060 EUR.
  • 20+ Years Experience. For a Head of Strategy with more than 20 years, the expected average salary increases to 77,860 EUR.

Average Salary by Experience Chart

0-2 Years
26,280 EUR
2-5 Years +34%
37,740 EUR
5-10 Years +48%
55,020 EUR
10-15 Years +22%
69,240 EUR
15-20 Years +9%
74,060 EUR
20+ Years +8%
77,860 EUR

Head of Strategy Salary by Education Level in Estonia

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 Head of Strategy in Estonia 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 Head of Strategy in Estonia with a high school education can earn an average salary of 35,340 EUR.

  • Certificate or Diploma. A Head of Strategy in Estonia with a certificate or diploma education can earn an average salary of 42,040 EUR.

  • Bachelor's Degree. A Head of Strategy in Estonia with a bachelor's degree education can earn an average salary of 60,480 EUR.

  • Master's Degree. A Head of Strategy in Estonia with a master's degree education can earn an average salary of 75,100 EUR.

Average Salary by Education Chart

High School
35,340 EUR
Certificate or Diploma +18%
42,040 EUR
Bachelor's Degree +45%
60,480 EUR
Master's Degree +31%
75,100 EUR

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 Estonia is around 13,700 to 41,000 EUR 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.

Head of Strategy 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 Estonia, a male head of strategy will earn an average of 56,880 EUR, while a female head of strategy will earn around 50,620 EUR.

This means that a male head of strategy earns approximately 12% more than a female head of strategy for performing the same job.

Average Salary by Gender Chart in Estonia

Male
56,880 EUR
Female -12%
50,620 EUR

Head of Strategy Average Pay Raise in Estonia

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 Head of Strategy in Estonia is around 13% every 17 months.

The national average pay raise across all professions and industries in Estonia is around 8% every 18 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 ÷ 17 ) × 12  = 9%

What this means is that a Head of Strategy in Estonia can expect to receive an average pay raise of around 9% every 12 months.

Annual Pay Raise by Industry in Estonia for 2024

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

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

Banking
5%
Energy
1%
Information Technology
6%
Healthcare
2%
Travel
7%
Construction
3%
Education
8%

Head of Strategy Bonus and Incentive Rates in Estonia

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 Head of Strategy is a high bonus based job, with 84% of employees reporting at least one bonus in the last 12 months.

16% 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 5% to 9%.

Received Bonus
84%
No Bonus
16%

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 Estonia earn approximately 7% more than private sector employees in the same role.

Public Sector
35,500 EUR
Private Sector -7%
33,120 EUR

Salaries for Jobs Similar to a Head of Strategy

In the table below, we have salary information for jobs that are similar to a Head of Strategy in Estonia.

Job Title Category Salary
Account Coordinator Executive and Management 32,020 EUR
Account Director Executive and Management 35,340 EUR
Account Executive Executive and Management 36,580 EUR
Account Manager Executive and Management 34,980 EUR
Administration Manager Executive and Management 38,180 EUR
Administration Officer Executive and Management 17,740 EUR
Administration Supervisor Executive and Management 26,860 EUR
Administrative Clerk Executive and Management 12,620 EUR
Administrative Officer Executive and Management 14,840 EUR
Area Director Executive and Management 33,520 EUR
Area Manager Executive and Management 31,040 EUR
Asset Protection Associate Executive and Management 39,420 EUR
Assistant Director Executive and Management 38,180 EUR
Assistant General Manager Executive and Management 36,700 EUR
Assistant Manager Executive and Management 36,720 EUR
Assistant Managing Director Executive and Management 44,780 EUR
Assistant Operations Manager Executive and Management 41,700 EUR
Assistant Project Manager Executive and Management 36,700 EUR
Assistant Section Head Executive and Management 31,520 EUR
Assistant to CEO Executive and Management 36,160 EUR
Assistant Vice President Executive and Management 36,720 EUR
Associate Account Director Executive and Management 37,620 EUR
Associate Director Executive and Management 36,700 EUR
Bid Manager Executive and Management 45,060 EUR
Branch Manager Executive and Management 42,320 EUR
Business Development Manager Executive and Management 45,600 EUR
Business Operations Associate Executive and Management 36,700 EUR
Business Operations Lead Executive and Management 36,700 EUR
Campaign Manager Executive and Management 42,040 EUR
Catering Coordinator Executive and Management 22,420 EUR
Catering Manager Executive and Management 36,020 EUR
CEO Executive and Management 73,820 EUR
Chairman of The Board Executive and Management 67,020 EUR
Chairman Office Manager Executive and Management 48,140 EUR
Chief Commercial Officer Executive and Management 51,340 EUR
Chief Corporate Officer Executive and Management 61,400 EUR
Chief Executive Officer Executive and Management 70,940 EUR
Chief Financial Officer Executive and Management 61,680 EUR
Chief Investment Officer Executive and Management 50,180 EUR
Chief of Staff Executive and Management 36,940 EUR
Chief Operating Officer Executive and Management 54,280 EUR
Chief Risk Officer Executive and Management 46,840 EUR
Client Account Manager Executive and Management 43,520 EUR
Client Accounts Officer Executive and Management 34,380 EUR
Client Services Manager Executive and Management 45,580 EUR
Commercial Director Executive and Management 47,580 EUR
Commercial Manager Executive and Management 42,040 EUR
Commercial Project Manager Executive and Management 38,680 EUR
Commodity Broker Executive and Management 32,620 EUR
COO Executive and Management 51,800 EUR
Corporate Affairs Executive Executive and Management 40,600 EUR
Corporate Compliance Director Executive and Management 46,980 EUR
Corporate Director Executive and Management 45,720 EUR
Corporate Officer Executive and Management 30,700 EUR
Corporate Partnerships Officer Executive and Management 31,520 EUR
Country Manager Executive and Management 51,900 EUR
Department Head Executive and Management 45,620 EUR
Department Manager Executive and Management 45,580 EUR
Department Supervisor Executive and Management 38,260 EUR
Deputy Director Executive and Management 53,860 EUR
Deputy Manager Executive and Management 49,700 EUR
Director Executive and Management 53,660 EUR
Director of Accreditation Executive and Management 46,040 EUR
Director of Catering Services Executive and Management 42,320 EUR
Director of Client Services Executive and Management 47,720 EUR
Director of Facilities Management Executive and Management 38,780 EUR
Director of Operations Executive and Management 46,040 EUR
Director of Process Simplification Executive and Management 38,680 EUR
Director of Product Management Executive and Management 43,800 EUR
Director of Project Management Executive and Management 47,580 EUR
Director of Revenue Management Executive and Management 46,400 EUR
Director of Training and Development Executive and Management 42,960 EUR
Distribution Manager Executive and Management 52,540 EUR
Division Manager Executive and Management 42,320 EUR
Duty Manager Executive and Management 40,560 EUR
Engagement Manager Executive and Management 50,620 EUR
Executive Director Executive and Management 72,120 EUR
Executive Manager Executive and Management 57,800 EUR
Franchise Manager Executive and Management 60,460 EUR
General Manager Executive and Management 53,320 EUR
Global Master Data Manager Executive and Management 48,920 EUR
Global Technical Lead Executive and Management 31,520 EUR
Head of Investment Executive and Management 47,720 EUR
Head of Middle Office Executive and Management 47,760 EUR
Head of Projects Executive and Management 46,160 EUR
Head of Supply Chain Executive and Management 43,360 EUR
Head of Sustainability Executive and Management 40,640 EUR
Housing Manager Executive and Management 40,420 EUR
HSE Manager Executive and Management 41,180 EUR
Key Account Manager Executive and Management 43,480 EUR
Knowledge Manager Executive and Management 44,780 EUR
Location Manager Executive and Management 43,260 EUR
Logistics Executive Executive and Management 38,680 EUR
Logistics Manager Executive and Management 39,960 EUR
Management Consultant Executive and Management 38,620 EUR
Management Executive Executive and Management 53,860 EUR
Manager Executive and Management 45,000 EUR
Managing Director Executive and Management 58,240 EUR
MIS Executive Executive and Management 47,120 EUR
Ocean Services Manager Executive and Management 50,180 EUR
Operational Manager Executive and Management 50,560 EUR
Operations Analyst Executive and Management 41,660 EUR
Operations Assistant Executive and Management 35,520 EUR
Operations Director Executive and Management 53,380 EUR
Operations Executive Executive and Management 49,200 EUR
Operations Manager Executive and Management 56,100 EUR
Operations Supervisor Executive and Management 46,160 EUR
Planning Director Executive and Management 50,020 EUR
PMO Manager Executive and Management 44,720 EUR
Policy Administration Executive Executive and Management 40,600 EUR
Private Sector Executive Executive and Management 41,660 EUR
Product Development Manager Executive and Management 47,760 EUR
Product Executive Executive and Management 40,040 EUR
Production Executive Executive and Management 46,160 EUR
Production Manager Executive and Management 50,080 EUR
Production Supervisor Executive and Management 42,400 EUR
Program Director Executive and Management 46,880 EUR
Program Manager Executive and Management 47,720 EUR
Programme Coordinator Executive and Management 35,500 EUR
Project Control Manager Executive and Management 49,020 EUR
Project Coordinator Executive and Management 29,320 EUR
Project Management Officer Executive and Management 35,520 EUR
Project Manager Executive and Management 36,800 EUR
Project Portfolio Manager Executive and Management 38,060 EUR
Quality Manager Executive and Management 38,680 EUR
R/D Director Executive and Management 44,300 EUR
Regional Director Executive and Management 63,500 EUR
Regional Manager Executive and Management 48,560 EUR
Relationship Manager Executive and Management 49,700 EUR
Retail District Manager Executive and Management 34,480 EUR
Revenue Manager Executive and Management 36,020 EUR
Risk and Capital Manager Executive and Management 53,320 EUR
Risk Officer Executive and Management 37,200 EUR
Safety Manager Executive and Management 37,200 EUR
Section Head Executive and Management 36,700 EUR
Service Manager Executive and Management 38,340 EUR
Shift Supervisor Executive and Management 27,560 EUR
Solutions Manager Executive and Management 35,500 EUR
Supervisor Executive and Management 27,480 EUR
Supply Chain Manager Executive and Management 49,020 EUR
Surveyor Executive and Management 34,540 EUR
Technical Director Executive and Management 45,580 EUR
Technical Manager Executive and Management 47,720 EUR
Territory Manager Executive and Management 46,840 EUR
Validation Manager Executive and Management 38,780 EUR
Vice President Executive and Management 57,360 EUR
Zone Manager Executive and Management 50,660 EUR

Salary Comparison by City

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

City Average Salary
Tallinn 61,400 EUR

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