Average Head of Strategy Salary in Malta for 2024

In this article, we will look at the average Head of Strategy salary for 2024 in Malta 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 Malta?

A Head of Strategy working in Malta will typically earn around 91,580 EUR per year, and this can range from the lowest average salary of about 43,480 EUR to the highest average salary of 146,200 EUR.

Average Annual Salary
91,580 EUR
Average Monthly Salary
7,631 EUR

Lowest Annual Salary
43,480 EUR
Lowest Monthly Salary
3,623 EUR

Highest Annual Salary
146,200 EUR
Highest Monthly Salary
12,183 EUR

These are average salaries for a Head of Strategy in Malta 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 Malta

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

Salary ranges

We already know that a Head of Strategy can earn between 43,480 EUR and 146,200 EUR on average in Malta. 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 Malta is 97,300 EUR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 97,300 EUR, and 50% of the population earn more than 97,300 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 Malta, 25% of the population are earning less than 63,320 EUR while 75% of the population earn more than 63,320 EUR.

75% of the population earn less than 128,900 EUR, and 25% of the population earn more than 128,900 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 Malta

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 Malta that has less than two years of experience can expect to earn somewhere in the region of 45,720 EUR.
  • 2 - 5 Years Experience. With two to five years of experience the average Head of Strategy salary would increase to 61,680 EUR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Head of Strategy, the average salary would be 93,340 EUR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 115,080 EUR.
  • 15 - 20 Years Experience. A Head of Strategy with 15 to 20 years of experience can earn an average of 124,400 EUR.
  • 20+ Years Experience. For a Head of Strategy with more than 20 years, the expected average salary increases to 136,200 EUR.

Average Salary by Experience Chart

0-2 Years
45,720 EUR
2-5 Years +34%
61,680 EUR
5-10 Years +48%
93,340 EUR
10-15 Years +22%
115,080 EUR
15-20 Years +9%
124,400 EUR
20+ Years +8%
136,200 EUR

Head of Strategy Salary by Education Level in Malta

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 Malta 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 Malta with a high school education can earn an average salary of 57,620 EUR.

  • Certificate or Diploma. A Head of Strategy in Malta with a certificate or diploma education can earn an average salary of 66,840 EUR.

  • Bachelor's Degree. A Head of Strategy in Malta with a bachelor's degree education can earn an average salary of 97,900 EUR.

  • Master's Degree. A Head of Strategy in Malta with a master's degree education can earn an average salary of 128,900 EUR.

Average Salary by Education Chart

High School
57,620 EUR
Certificate or Diploma +18%
66,840 EUR
Bachelor's Degree +45%
97,900 EUR
Master's Degree +31%
128,900 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 Malta is around 23,100 to 69,400 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 Malta, a male head of strategy will earn an average of 93,880 EUR, while a female head of strategy will earn around 87,880 EUR.

This means that a male head of strategy earns approximately 7% more than a female head of strategy for performing the same job.

Average Salary by Gender Chart in Malta

Male
93,880 EUR
Female -7%
87,880 EUR

Head of Strategy Average Pay Raise in Malta

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 Malta is around 9% every 28 months.

The national average pay raise across all professions and industries in Malta is around 4% every 29 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 = ( 9 ÷ 28 ) × 12  = 4%

What this means is that a Head of Strategy in Malta can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Malta for 2024

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

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

Banking
7%
Energy
5%
Information Technology
3%
Healthcare
1%
Travel
8%
Construction
6%
Education
4%

Head of Strategy Bonus and Incentive Rates in Malta

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 moderate bonus based job, with 68% of employees reporting at least one bonus in the last 12 months.

32% 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
68%
No Bonus
32%

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

Public Sector
58,000 EUR
Private Sector -7%
54,180 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 Malta.

Job Title Category Salary
Account Coordinator Executive and Management 51,340 EUR
Account Director Executive and Management 60,920 EUR
Account Executive Executive and Management 62,420 EUR
Account Manager Executive and Management 57,860 EUR
Administration Manager Executive and Management 59,660 EUR
Administration Officer Executive and Management 34,160 EUR
Administration Supervisor Executive and Management 54,460 EUR
Administrative Clerk Executive and Management 23,080 EUR
Administrative Officer Executive and Management 25,220 EUR
Area Director Executive and Management 57,320 EUR
Area Manager Executive and Management 60,840 EUR
Asset Protection Associate Executive and Management 64,920 EUR
Assistant Director Executive and Management 64,200 EUR
Assistant General Manager Executive and Management 66,140 EUR
Assistant Manager Executive and Management 67,900 EUR
Assistant Managing Director Executive and Management 76,280 EUR
Assistant Operations Manager Executive and Management 78,940 EUR
Assistant Project Manager Executive and Management 68,360 EUR
Assistant Section Head Executive and Management 53,320 EUR
Assistant to CEO Executive and Management 61,460 EUR
Assistant Vice President Executive and Management 69,540 EUR
Associate Account Director Executive and Management 65,080 EUR
Associate Director Executive and Management 69,240 EUR
Bid Manager Executive and Management 71,660 EUR
Branch Manager Executive and Management 71,280 EUR
Business Development Manager Executive and Management 78,260 EUR
Business Operations Associate Executive and Management 61,680 EUR
Business Operations Lead Executive and Management 67,300 EUR
Campaign Manager Executive and Management 75,040 EUR
Catering Coordinator Executive and Management 40,420 EUR
Catering Manager Executive and Management 63,700 EUR
CEO Executive and Management 128,900 EUR
Chairman of The Board Executive and Management 123,400 EUR
Chairman Office Manager Executive and Management 83,140 EUR
Chief Commercial Officer Executive and Management 86,800 EUR
Chief Corporate Officer Executive and Management 104,900 EUR
Chief Executive Officer Executive and Management 130,400 EUR
Chief Financial Officer Executive and Management 116,180 EUR
Chief Investment Officer Executive and Management 89,120 EUR
Chief of Staff Executive and Management 59,380 EUR
Chief Operating Officer Executive and Management 93,340 EUR
Chief Risk Officer Executive and Management 80,060 EUR
Client Account Manager Executive and Management 72,380 EUR
Client Accounts Officer Executive and Management 63,320 EUR
Client Services Manager Executive and Management 83,020 EUR
Commercial Director Executive and Management 88,580 EUR
Commercial Manager Executive and Management 73,100 EUR
Commercial Project Manager Executive and Management 69,540 EUR
Commodity Broker Executive and Management 50,240 EUR
COO Executive and Management 92,240 EUR
Corporate Affairs Executive Executive and Management 72,380 EUR
Corporate Compliance Director Executive and Management 83,420 EUR
Corporate Director Executive and Management 89,120 EUR
Corporate Officer Executive and Management 62,060 EUR
Corporate Partnerships Officer Executive and Management 60,160 EUR
Country Manager Executive and Management 98,820 EUR
Department Head Executive and Management 77,060 EUR
Department Manager Executive and Management 79,280 EUR
Department Supervisor Executive and Management 69,780 EUR
Deputy Director Executive and Management 85,700 EUR
Deputy Manager Executive and Management 88,260 EUR
Director Executive and Management 101,840 EUR
Director of Accreditation Executive and Management 83,060 EUR
Director of Catering Services Executive and Management 77,340 EUR
Director of Client Services Executive and Management 77,100 EUR
Director of Facilities Management Executive and Management 66,680 EUR
Director of Operations Executive and Management 78,260 EUR
Director of Process Simplification Executive and Management 66,120 EUR
Director of Product Management Executive and Management 83,760 EUR
Director of Project Management Executive and Management 88,260 EUR
Director of Revenue Management Executive and Management 79,240 EUR
Director of Training and Development Executive and Management 83,300 EUR
Distribution Manager Executive and Management 82,520 EUR
Division Manager Executive and Management 72,180 EUR
Duty Manager Executive and Management 73,100 EUR
Engagement Manager Executive and Management 87,040 EUR
Executive Director Executive and Management 124,400 EUR
Executive Manager Executive and Management 105,440 EUR
Franchise Manager Executive and Management 106,360 EUR
General Manager Executive and Management 104,040 EUR
Global Master Data Manager Executive and Management 93,120 EUR
Global Technical Lead Executive and Management 58,800 EUR
Head of Investment Executive and Management 80,060 EUR
Head of Middle Office Executive and Management 81,880 EUR
Head of Projects Executive and Management 85,080 EUR
Head of Supply Chain Executive and Management 75,100 EUR
Head of Sustainability Executive and Management 74,540 EUR
Housing Manager Executive and Management 66,020 EUR
HSE Manager Executive and Management 65,800 EUR
Key Account Manager Executive and Management 71,660 EUR
Knowledge Manager Executive and Management 76,440 EUR
Location Manager Executive and Management 77,620 EUR
Logistics Executive Executive and Management 64,200 EUR
Logistics Manager Executive and Management 66,140 EUR
Management Consultant Executive and Management 66,820 EUR
Management Executive Executive and Management 91,840 EUR
Manager Executive and Management 85,460 EUR
Managing Director Executive and Management 102,460 EUR
MIS Executive Executive and Management 82,200 EUR
Ocean Services Manager Executive and Management 88,620 EUR
Operational Manager Executive and Management 89,340 EUR
Operations Analyst Executive and Management 71,400 EUR
Operations Assistant Executive and Management 58,860 EUR
Operations Director Executive and Management 96,160 EUR
Operations Executive Executive and Management 92,300 EUR
Operations Manager Executive and Management 96,500 EUR
Operations Supervisor Executive and Management 73,760 EUR
Planning Director Executive and Management 93,340 EUR
PMO Manager Executive and Management 81,880 EUR
Policy Administration Executive Executive and Management 71,660 EUR
Private Sector Executive Executive and Management 79,360 EUR
Product Development Manager Executive and Management 84,040 EUR
Product Executive Executive and Management 72,260 EUR
Production Executive Executive and Management 81,960 EUR
Production Manager Executive and Management 83,140 EUR
Production Supervisor Executive and Management 67,120 EUR
Program Director Executive and Management 88,480 EUR
Program Manager Executive and Management 89,960 EUR
Programme Coordinator Executive and Management 60,920 EUR
Project Control Manager Executive and Management 92,300 EUR
Project Coordinator Executive and Management 50,540 EUR
Project Management Officer Executive and Management 61,180 EUR
Project Manager Executive and Management 61,680 EUR
Project Portfolio Manager Executive and Management 69,540 EUR
Quality Manager Executive and Management 72,180 EUR
R/D Director Executive and Management 72,540 EUR
Regional Director Executive and Management 111,240 EUR
Regional Manager Executive and Management 89,800 EUR
Relationship Manager Executive and Management 85,080 EUR
Retail District Manager Executive and Management 60,480 EUR
Revenue Manager Executive and Management 62,860 EUR
Risk and Capital Manager Executive and Management 99,340 EUR
Risk Officer Executive and Management 63,380 EUR
Safety Manager Executive and Management 60,160 EUR
Section Head Executive and Management 63,320 EUR
Service Manager Executive and Management 67,560 EUR
Shift Supervisor Executive and Management 52,380 EUR
Solutions Manager Executive and Management 56,460 EUR
Supervisor Executive and Management 54,180 EUR
Supply Chain Manager Executive and Management 89,120 EUR
Surveyor Executive and Management 57,360 EUR
Technical Director Executive and Management 82,920 EUR
Technical Manager Executive and Management 80,020 EUR
Territory Manager Executive and Management 80,840 EUR
Validation Manager Executive and Management 69,260 EUR
Vice President Executive and Management 97,260 EUR
Zone Manager Executive and Management 88,580 EUR

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