Average Manager Salary in Moldova for 2024

In this article, we will look at the average Manager salary for 2024 in Moldova 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 Moldovan leu. To keep things simple, we are using the MDL currency code instead of the currency symbol L.

How Much Does a Manager Make in Moldova?

A Manager working in Moldova will typically earn around 531,700 MDL per year, and this can range from the lowest average salary of about 245,300 MDL to the highest average salary of 847,000 MDL.

Average Annual Salary
531,700 MDL
Average Monthly Salary
44,308 MDL

Lowest Annual Salary
245,300 MDL
Lowest Monthly Salary
20,441 MDL

Highest Annual Salary
847,000 MDL
Highest Monthly Salary
70,583 MDL

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

Manager 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 Manager Salaries in Moldova

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

Salary ranges

We already know that a Manager can earn between 245,300 MDL and 847,000 MDL on average in Moldova. 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 Manager in Moldova is 574,200 MDL. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 574,200 MDL, and 50% of the population earn more than 574,200 MDL.

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 Manager salary in Moldova, 25% of the population are earning less than 369,900 MDL while 75% of the population earn more than 369,900 MDL.

75% of the population earn less than 768,900 MDL, and 25% of the population earn more than 768,900 MDL.

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.

Manager Salary by Experience Level in Moldova

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 manager 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 Manager in Moldova that has less than two years of experience can expect to earn somewhere in the region of 277,400 MDL.
  • 2 - 5 Years Experience. With two to five years of experience the average Manager salary would increase to 371,100 MDL.
  • 5 - 10 Years Experience. From five to ten years of experience as a Manager, the average salary would be 547,800 MDL.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 670,600 MDL.
  • 15 - 20 Years Experience. A Manager with 15 to 20 years of experience can earn an average of 732,400 MDL.
  • 20+ Years Experience. For a Manager with more than 20 years, the expected average salary increases to 791,200 MDL.

Average Salary by Experience Chart

0-2 Years
277,400 MDL
2-5 Years +34%
371,100 MDL
5-10 Years +48%
547,800 MDL
10-15 Years +22%
670,600 MDL
15-20 Years +9%
732,400 MDL
20+ Years +8%
791,200 MDL

Manager Salary by Education Level in Moldova

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 Manager in Moldova 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 Manager in Moldova with a high school education can earn an average salary of 341,400 MDL.

  • Certificate or Diploma. A Manager in Moldova with a certificate or diploma education can earn an average salary of 401,300 MDL.

  • Bachelor's Degree. A Manager in Moldova with a bachelor's degree education can earn an average salary of 582,700 MDL.

  • Master's Degree. A Manager in Moldova with a master's degree education can earn an average salary of 762,400 MDL.

Average Salary by Education Chart

High School
341,400 MDL
Certificate or Diploma +18%
401,300 MDL
Bachelor's Degree +45%
582,700 MDL
Master's Degree +31%
762,400 MDL

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 Moldova is around 133,000 to 400,000 MDL 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.

Manager 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 Moldova, a male manager will earn an average of 563,000 MDL, while a female manager will earn around 504,400 MDL.

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

Average Salary by Gender Chart in Moldova

Male
563,000 MDL
Female -12%
504,400 MDL

Manager Average Pay Raise in Moldova

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 Manager in Moldova is around 10% every 29 months.

The national average pay raise across all professions and industries in Moldova 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 = ( 10 ÷ 29 ) × 12  = 4%

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

Annual Pay Raise by Industry in Moldova for 2024

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

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

Banking
6%
Energy
3%
Information Technology
9%
Healthcare
6%
Travel
3%
Construction
9%
Education
6%

Manager Bonus and Incentive Rates in Moldova

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 Manager 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 Moldova earn approximately 14% more than private sector employees in the same role.

Public Sector
335,800 MDL
Private Sector -14%
294,300 MDL

Salaries for Jobs Similar to a Manager

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

Job Title Category Salary
Assistant Business Development Manager Business Planning 447,300 MDL
Assistant Merchandise Planner Business Planning 252,300 MDL
Business Advisor Business Planning 394,300 MDL
Business Analyst Business Planning 407,100 MDL
Business Consultant Business Planning 372,600 MDL
Business Continuity Associate Business Planning 232,900 MDL
Business Developer Business Planning 265,000 MDL
Business Development Analyst Business Planning 283,700 MDL
Business Development Associate Business Planning 195,200 MDL
Business Development Coordinator Business Planning 232,900 MDL
Business Development Director Business Planning 578,500 MDL
Business Development Engineer Business Planning 301,700 MDL
Business Development Executive Business Planning 413,900 MDL
Business Development Manager Business Planning 483,800 MDL
Business Development Specialist Business Planning 394,800 MDL
Business Manager Business Planning 451,000 MDL
Business Operations Specialist Business Planning 384,200 MDL
Business Process Writer Business Planning 221,500 MDL
Business Systems Analyst Business Planning 396,300 MDL
Capacity Planner Business Planning 288,700 MDL
Capacity Planning Supervisor Business Planning 366,200 MDL
Change Communications Analyst Business Planning 357,300 MDL
Change Control Analyst Business Planning 378,800 MDL
Change Impact Analyst Business Planning 362,200 MDL
Contracts Executive Business Planning 384,500 MDL
Corporate Strategy Analyst Business Planning 389,200 MDL
Cost Control Engineer Business Planning 266,000 MDL
Cost Controller Business Planning 282,500 MDL
Cost Estimator Business Planning 257,700 MDL
Data Executive Business Planning 210,500 MDL
Data Manager Business Planning 296,000 MDL
Data Processing Manager Business Planning 351,200 MDL
Development Researcher Business Planning 308,300 MDL
Director of Business Development Business Planning 547,800 MDL
Director of Production Planning Business Planning 472,100 MDL
Due Diligence Analyst Business Planning 431,100 MDL
Estimating Manager Business Planning 437,900 MDL
General Manager Business Planning 487,600 MDL
Incident Handler Business Planning 263,100 MDL
Incident Specialist Business Planning 339,100 MDL
Lean Consultant Business Planning 294,700 MDL
Marketing and Business Development Manager Business Planning 489,500 MDL
Materials Planner Business Planning 168,100 MDL
Merchandise Assistant Business Planning 161,300 MDL
Merchandise Controller Business Planning 169,000 MDL
Merchandise Planner Business Planning 172,200 MDL
Operations Analyst Business Planning 344,600 MDL
Operations Manager Business Planning 404,600 MDL
Operations Research Analyst Business Planning 247,800 MDL
Planning and Reporting Manager Business Planning 420,100 MDL
Planning Director Business Planning 539,700 MDL
Project Administrator Business Planning 257,700 MDL
Project Manager Business Planning 406,300 MDL
Project Planner Business Planning 258,400 MDL
Research Assistant Business Planning 209,700 MDL
Research Engineer Business Planning 240,500 MDL
Research Officer Business Planning 200,000 MDL
Risk Management Specialist Business Planning 394,800 MDL
Scholarship Coordinator Business Planning 192,000 MDL
Store Planner Business Planning 187,500 MDL
Strategy Director Business Planning 548,800 MDL
Top Research and Development Executive Business Planning 553,800 MDL

Salary Comparison by City

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

City Average Salary
Chisinau 538,650 MDL

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