Average Managing Director Salary in Batumi, Georgia for 2026

In this article, we will look at the average Managing Director salary for 2026 in Batumi 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 lari. To keep things simple, we are using the GEL currency code instead of the currency symbol .

How Much Does a Managing Director Make in Batumi?

A Managing Director working in Batumi will typically earn around 143,200 GEL per year, and this can range from the lowest average salary of about 70,700 GEL to the highest average salary of 222,300 GEL.

Average Annual Salary143,200 GEL
Average Monthly Salary11,933 GEL
Average Lowest Salary70,700 GEL
Lowest Monthly Salary5,891 GEL
Average Highest Salary222,300 GEL
Highest Monthly Salary18,525 GEL

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

Managing Director 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 Managing Director Salaries in Batumi

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

Salary ranges

We already know that a Managing Director can earn between 70,700 GEL and 222,300 GEL on average in Batumi. 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 Managing Director in Batumi is 143,200 GEL. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 143,200 GEL, and 50% of the population earn more than 143,200 GEL.

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 Managing Director salary in Batumi, 25% of the population are earning less than 96,680 GEL while 75% of the population earn more than 96,680 GEL.

75% of the population earn less than 183,600 GEL, and 25% of the population earn more than 183,600 GEL.

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.

Managing Director Salary by Experience Level in Batumi

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 Managing Director 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 Managing Director in Batumi that has less than two years of experience can expect to earn somewhere in the region of 84,880 GEL.
  • 2 - 5 Years Experience. With two to five years of experience the average Managing Director salary would increase to 112,600 GEL.
  • 5 - 10 Years Experience. From five to ten years of experience as a Managing Director, the average salary would be 152,100 GEL.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 181,600 GEL.
  • 15 - 20 Years Experience. A Managing Director with 15 to 20 years of experience can earn an average of 196,800 GEL.
  • 20+ Years Experience. For a Managing Director with more than 20 years, the expected average salary increases to 209,700 GEL.

Average Salary by Experience Chart

0-2 Years-
84,880 GEL
2-5 Years+32%
112,600 GEL
5-10 Years+34%
152,100 GEL
10-15 Years+19%
181,600 GEL
15-20 Years+8%
196,800 GEL
20+ Years+7%
209,700 GEL

Managing Director Salary by Education Level in Batumi

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 Managing Director in Batumi 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 Managing Director in Batumi with a high school education can earn an average salary of 109,000 GEL.
  • Certificate or Diploma. A Managing Director in Batumi with a certificate or diploma education can earn an average salary of 123,400 GEL.
  • Bachelor's Degree. A Managing Director in Batumi with a bachelor's degree education can earn an average salary of 164,200 GEL.
  • Master's Degree. A Managing Director in Batumi with a master's degree education can earn an average salary of 209,700 GEL.

Average Salary by Education Chart

High School-
109,000 GEL
Certificate or Diploma+14%
123,400 GEL
Bachelor's Degree+36%
164,200 GEL
Master's Degree+26%
209,700 GEL

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 Georgia is around 33,700 to 101,000 GEL 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.

Managing Director 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 Batumi, a male managing director will earn an average of 143,200 GEL, while a female managing director will earn around 136,100 GEL.

This means that a male managing director earns approximately 5% more than a female managing director for performing the same job.

Average Salary by Gender Chart in Batumi

Male-
143,200 GEL
Female-5%
136,100 GEL

Managing Director Average Pay Raise in Batumi

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 Managing Director in Batumi is around 10% every 27 months.

The national average pay raise across all professions and industries in Georgia is around 5% every 28 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 ÷ 27 ) × 12  = 4%

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

Annual Pay Raise by Industry in Batumi for 2026

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

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

Banking-
8%
Energy-
7%
Information Technology-
6%
Healthcare-
5%
Travel-
4%
Construction-
3%
Education-
2%

Managing Director Bonus and Incentive Rates in Batumi

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 Managing Director is a moderate bonus based job, with 60% of employees reporting at least one bonus in the last 12 months.

40% 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-
60%
No Bonus-
40%

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 Georgia earn approximately 20% more than private sector employees in the same role.

Public Sector-
89,800 GEL
Private Sector-20%
74,940 GEL

Salaries for Jobs Similar to a Managing Director

In the table below, we have salary information for jobs that are similar to a Managing Director in Batumi.

Job TitleCategorySalary
Account CoordinatorExecutive and Management69,720 GEL
Account DirectorExecutive and Management89,460 GEL
Account ExecutiveExecutive and Management92,300 GEL
Account ManagerExecutive and Management80,500 GEL
Administration ManagerExecutive and Management88,580 GEL
Administration OfficerExecutive and Management43,760 GEL
Administration SupervisorExecutive and Management69,780 GEL
Administrative ClerkExecutive and Management37,200 GEL
Administrative OfficerExecutive and Management37,620 GEL
Area DirectorExecutive and Management79,240 GEL
Area ManagerExecutive and Management79,360 GEL
Asset Protection AssociateExecutive and Management91,520 GEL
Assistant DirectorExecutive and Management84,800 GEL
Assistant General ManagerExecutive and Management91,520 GEL
Assistant ManagerExecutive and Management96,720 GEL
Assistant Managing DirectorExecutive and Management107,680 GEL
Assistant Operations ManagerExecutive and Management104,060 GEL
Assistant Project ManagerExecutive and Management91,520 GEL
Assistant Section HeadExecutive and Management73,880 GEL
Assistant Vice PresidentExecutive and Management95,860 GEL
Assistant to CEOExecutive and Management84,880 GEL
Associate Account DirectorExecutive and Management87,060 GEL
Associate DirectorExecutive and Management89,980 GEL
Bid ManagerExecutive and Management109,000 GEL
Branch ManagerExecutive and Management97,460 GEL
Business Development ManagerExecutive and Management112,760 GEL
Business Operations AssociateExecutive and Management85,700 GEL
Business Operations LeadExecutive and Management96,520 GEL
CEOExecutive and Management168,100 GEL
COOExecutive and Management136,200 GEL
Campaign ManagerExecutive and Management101,920 GEL
Catering CoordinatorExecutive and Management53,380 GEL
Catering ManagerExecutive and Management91,660 GEL
Chairman Office ManagerExecutive and Management106,820 GEL
Chairman of The BoardExecutive and Management169,000 GEL
Chief Commercial OfficerExecutive and Management128,900 GEL
Chief Corporate OfficerExecutive and Management138,800 GEL
Chief Executive OfficerExecutive and Management172,200 GEL
Chief Financial OfficerExecutive and Management168,100 GEL
Chief Investment OfficerExecutive and Management134,600 GEL
Chief Operating OfficerExecutive and Management124,400 GEL
Chief Risk OfficerExecutive and Management112,560 GEL
Chief of StaffExecutive and Management79,240 GEL
Client Account ManagerExecutive and Management107,960 GEL
Client Accounts OfficerExecutive and Management91,320 GEL
Client Services ManagerExecutive and Management112,560 GEL
Commercial DirectorExecutive and Management116,420 GEL
Commercial ManagerExecutive and Management101,120 GEL
Commercial Project ManagerExecutive and Management97,300 GEL
Commodity BrokerExecutive and Management69,720 GEL
Corporate Affairs ExecutiveExecutive and Management102,460 GEL
Corporate Compliance DirectorExecutive and Management117,380 GEL
Corporate DirectorExecutive and Management119,900 GEL
Corporate OfficerExecutive and Management81,180 GEL
Corporate Partnerships OfficerExecutive and Management80,020 GEL
Country ManagerExecutive and Management136,200 GEL
Department HeadExecutive and Management111,900 GEL
Department ManagerExecutive and Management109,740 GEL
Department SupervisorExecutive and Management89,980 GEL
Deputy DirectorExecutive and Management123,400 GEL
Deputy ManagerExecutive and Management118,060 GEL
DirectorExecutive and Management128,500 GEL
Director of AccreditationExecutive and Management111,240 GEL
Director of Catering ServicesExecutive and Management101,020 GEL
Director of Client ServicesExecutive and Management112,760 GEL
Director of Facilities ManagementExecutive and Management97,300 GEL
Director of OperationsExecutive and Management111,240 GEL
Director of Process SimplificationExecutive and Management93,220 GEL
Director of Product ManagementExecutive and Management117,600 GEL
Director of Project ManagementExecutive and Management127,700 GEL
Director of Revenue ManagementExecutive and Management103,440 GEL
Director of Training and DevelopmentExecutive and Management111,700 GEL
Distribution ManagerExecutive and Management116,180 GEL
Division ManagerExecutive and Management98,540 GEL
Duty ManagerExecutive and Management97,460 GEL
Engagement ManagerExecutive and Management127,700 GEL
Executive DirectorExecutive and Management163,800 GEL
Executive ManagerExecutive and Management142,300 GEL
Franchise ManagerExecutive and Management142,300 GEL
General ManagerExecutive and Management138,800 GEL
Global Master Data ManagerExecutive and Management119,700 GEL
Global Technical LeadExecutive and Management84,780 GEL
HSE ManagerExecutive and Management94,800 GEL
Head of InvestmentExecutive and Management112,600 GEL
Head of Middle OfficeExecutive and Management104,440 GEL
Head of ProjectsExecutive and Management119,700 GEL
Head of StrategyExecutive and Management128,900 GEL
Head of Supply ChainExecutive and Management103,440 GEL
Head of SustainabilityExecutive and Management93,780 GEL
Housing ManagerExecutive and Management97,060 GEL
Key Account ManagerExecutive and Management97,300 GEL
Knowledge ManagerExecutive and Management105,440 GEL
Location ManagerExecutive and Management111,240 GEL
Logistics ExecutiveExecutive and Management85,440 GEL
Logistics ManagerExecutive and Management87,060 GEL
MIS ExecutiveExecutive and Management118,380 GEL
Management ConsultantExecutive and Management93,780 GEL
Management ExecutiveExecutive and Management128,500 GEL
ManagerExecutive and Management112,600 GEL
Ocean Services ManagerExecutive and Management118,800 GEL
Operational ManagerExecutive and Management115,740 GEL
Operations AnalystExecutive and Management103,820 GEL
Operations AssistantExecutive and Management80,500 GEL
Operations DirectorExecutive and Management128,500 GEL
Operations ExecutiveExecutive and Management119,700 GEL
Operations ManagerExecutive and Management125,100 GEL
Operations SupervisorExecutive and Management105,940 GEL
PMO ManagerExecutive and Management109,000 GEL
Planning DirectorExecutive and Management119,700 GEL
Policy Administration ExecutiveExecutive and Management96,340 GEL
Private Sector ExecutiveExecutive and Management105,440 GEL
Product Development ManagerExecutive and Management111,920 GEL
Product ExecutiveExecutive and Management104,060 GEL
Production ExecutiveExecutive and Management112,560 GEL
Production ManagerExecutive and Management117,440 GEL
Production SupervisorExecutive and Management97,300 GEL
Program DirectorExecutive and Management116,180 GEL
Program ManagerExecutive and Management118,800 GEL
Programme CoordinatorExecutive and Management84,580 GEL
Project Control ManagerExecutive and Management116,180 GEL
Project CoordinatorExecutive and Management75,280 GEL
Project Management OfficerExecutive and Management84,040 GEL
Project ManagerExecutive and Management89,460 GEL
Project Portfolio ManagerExecutive and Management93,340 GEL
Quality ManagerExecutive and Management96,720 GEL
R/D DirectorExecutive and Management104,600 GEL
Regional DirectorExecutive and Management159,400 GEL
Regional ManagerExecutive and Management123,400 GEL
Relationship ManagerExecutive and Management111,240 GEL
Retail District ManagerExecutive and Management80,800 GEL
Revenue ManagerExecutive and Management93,780 GEL
Risk OfficerExecutive and Management86,640 GEL
Risk and Capital ManagerExecutive and Management136,100 GEL
Safety ManagerExecutive and Management84,180 GEL
Section HeadExecutive and Management92,300 GEL
Service ManagerExecutive and Management97,060 GEL
Shift SupervisorExecutive and Management74,540 GEL
Solutions ManagerExecutive and Management78,620 GEL
SupervisorExecutive and Management67,120 GEL
Supply Chain ManagerExecutive and Management123,400 GEL
SurveyorExecutive and Management81,180 GEL
Technical DirectorExecutive and Management106,820 GEL
Technical ManagerExecutive and Management112,760 GEL
Territory ManagerExecutive and Management109,460 GEL
Validation ManagerExecutive and Management101,860 GEL
Vice PresidentExecutive and Management146,200 GEL
Zone ManagerExecutive and Management125,100 GEL

Salary Comparison by City

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

CityAverage Salary
Tbilisi148,300 GEL

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