Average Merchandise Manager Salary in Lithuania for 2024

In this article, we will look at the average Merchandise Manager salary for 2024 in Lithuania 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 Merchandise Manager Make in Lithuania?

A Merchandise Manager working in Lithuania will typically earn around 38,620 EUR per year, and this can range from the lowest average salary of about 19,380 EUR to the highest average salary of 62,100 EUR.

Average Annual Salary
38,620 EUR
Average Monthly Salary
3,218 EUR

Lowest Annual Salary
19,380 EUR
Lowest Monthly Salary
1,615 EUR

Highest Annual Salary
62,100 EUR
Highest Monthly Salary
5,175 EUR

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

Merchandise 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 Merchandise Manager Salaries in Lithuania

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

Salary ranges

We already know that a Merchandise Manager can earn between 19,380 EUR and 62,100 EUR on average in Lithuania. 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 Merchandise Manager in Lithuania is 39,800 EUR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 39,800 EUR, and 50% of the population earn more than 39,800 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 Merchandise Manager salary in Lithuania, 25% of the population are earning less than 25,440 EUR while 75% of the population earn more than 25,440 EUR.

75% of the population earn less than 50,580 EUR, and 25% of the population earn more than 50,580 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.

Merchandise Manager Salary by Experience Level in Lithuania

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 merchandise 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 Merchandise Manager in Lithuania that has less than two years of experience can expect to earn somewhere in the region of 21,300 EUR.
  • 2 - 5 Years Experience. With two to five years of experience the average Merchandise Manager salary would increase to 28,860 EUR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Merchandise Manager, the average salary would be 42,320 EUR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 50,020 EUR.
  • 15 - 20 Years Experience. A Merchandise Manager with 15 to 20 years of experience can earn an average of 55,140 EUR.
  • 20+ Years Experience. For a Merchandise Manager with more than 20 years, the expected average salary increases to 58,860 EUR.

Average Salary by Experience Chart

0-2 Years
21,300 EUR
2-5 Years +31%
28,860 EUR
5-10 Years +40%
42,320 EUR
10-15 Years +20%
50,020 EUR
15-20 Years +9%
55,140 EUR
20+ Years +8%
58,860 EUR

Merchandise Manager Salary by Education Level in Lithuania

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 Merchandise Manager in Lithuania 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 Merchandise Manager in Lithuania with a high school education can earn an average salary of 29,040 EUR.

  • Certificate or Diploma. A Merchandise Manager in Lithuania with a certificate or diploma education can earn an average salary of 32,620 EUR.

  • Bachelor's Degree. A Merchandise Manager in Lithuania with a bachelor's degree education can earn an average salary of 43,340 EUR.

  • Master's Degree. A Merchandise Manager in Lithuania with a master's degree education can earn an average salary of 56,460 EUR.

Average Salary by Education Chart

High School
29,040 EUR
Certificate or Diploma +15%
32,620 EUR
Bachelor's Degree +41%
43,340 EUR
Master's Degree +29%
56,460 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 Lithuania is around 16,400 to 49,100 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.

Merchandise 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 Lithuania, a male merchandise manager will earn an average of 40,040 EUR, while a female merchandise manager will earn around 36,720 EUR.

This means that a male merchandise manager earns approximately 9% more than a female merchandise manager for performing the same job.

Average Salary by Gender Chart in Lithuania

Male
40,040 EUR
Female -9%
36,720 EUR

Merchandise Manager Average Pay Raise in Lithuania

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 Merchandise Manager in Lithuania is around 10% every 20 months.

The national average pay raise across all professions and industries in Lithuania 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 = ( 10 ÷ 20 ) × 12  = 6%

What this means is that a Merchandise Manager in Lithuania can expect to receive an average pay raise of around 6% every 12 months.

Annual Pay Raise by Industry in Lithuania for 2024

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

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%

Merchandise Manager Bonus and Incentive Rates in Lithuania

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 Merchandise Manager is a moderate bonus based job, with 51% of employees reporting at least one bonus in the last 12 months.

49% 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 3% to 6%.

Received Bonus
51%
No Bonus
49%

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 Lithuania earn approximately 9% more than private sector employees in the same role.

Public Sector
42,320 EUR
Private Sector -9%
38,680 EUR

Salaries for Jobs Similar to a Merchandise Manager

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

Job Title Category Salary
Asset Management Associate Purchasing and Inventory 34,380 EUR
Asset Protection Associate Purchasing and Inventory 32,420 EUR
Asset Protection Specialist Purchasing and Inventory 38,180 EUR
Assistant Buyer Purchasing and Inventory 31,940 EUR
Buyer Purchasing and Inventory 56,060 EUR
Capacity Planner Purchasing and Inventory 38,780 EUR
Category Leader Purchasing and Inventory 34,360 EUR
Category Management Specialist Purchasing and Inventory 38,260 EUR
Category Manager Purchasing and Inventory 38,700 EUR
Channel Services Representative Purchasing and Inventory 38,060 EUR
Contracts Manager Purchasing and Inventory 44,540 EUR
Contracts Specialist Purchasing and Inventory 35,300 EUR
Demand Planner Purchasing and Inventory 39,160 EUR
Demand Planning Manager Purchasing and Inventory 44,720 EUR
Distribution Assistant Purchasing and Inventory 32,020 EUR
Distribution Associate Purchasing and Inventory 31,340 EUR
Distribution Manager Purchasing and Inventory 68,580 EUR
Inventory Analyst Purchasing and Inventory 38,180 EUR
Inventory Control Clerk Purchasing and Inventory 18,900 EUR
Inventory Control Manager Purchasing and Inventory 48,300 EUR
Inventory Management Associate Purchasing and Inventory 35,340 EUR
Inventory Specialist Purchasing and Inventory 36,800 EUR
Logistics Engineer Purchasing and Inventory 32,200 EUR
Master Planner Purchasing and Inventory 34,960 EUR
Material Handler Purchasing and Inventory 21,560 EUR
Material Planning Specialist Purchasing and Inventory 29,160 EUR
Procurement Administrator Purchasing and Inventory 43,360 EUR
Procurement Agent Purchasing and Inventory 26,280 EUR
Procurement Analyst Purchasing and Inventory 41,820 EUR
Procurement Assistant Purchasing and Inventory 28,900 EUR
Procurement Associate Purchasing and Inventory 40,420 EUR
Procurement Clerk Purchasing and Inventory 15,380 EUR
Procurement Engineer Purchasing and Inventory 34,540 EUR
Procurement Manager Purchasing and Inventory 72,780 EUR
Procurement Officer Purchasing and Inventory 18,780 EUR
Procurement Process Analyst Purchasing and Inventory 45,060 EUR
Procurement Specialist Purchasing and Inventory 31,340 EUR
Production Planner Purchasing and Inventory 38,620 EUR
Project Buyer Purchasing and Inventory 47,760 EUR
Purchaser Purchasing and Inventory 55,220 EUR
Purchasing Agent Purchasing and Inventory 27,480 EUR
Purchasing Assistant Purchasing and Inventory 19,360 EUR
Purchasing Manager Purchasing and Inventory 70,940 EUR
Purchasing Officer Purchasing and Inventory 30,700 EUR
Purchasing Supervisor Purchasing and Inventory 49,560 EUR
Shipping and Receiving Clerk Purchasing and Inventory 16,340 EUR
Shipping Coordinator Purchasing and Inventory 35,300 EUR
Stock Clerk Purchasing and Inventory 18,900 EUR
Stock Regulator Purchasing and Inventory 21,540 EUR
Storage Manager Purchasing and Inventory 43,800 EUR
Store Keeper Purchasing and Inventory 20,300 EUR
Stores and Logistics Coordinator Purchasing and Inventory 38,260 EUR
Supply Chain Analyst Purchasing and Inventory 50,340 EUR
Supply Chain Coordinator Purchasing and Inventory 36,020 EUR
Supply Chain Development Manager Purchasing and Inventory 68,400 EUR
Supply Chain Director Purchasing and Inventory 73,820 EUR
Supply Chain Manager Purchasing and Inventory 68,400 EUR
Supply Planner Purchasing and Inventory 34,120 EUR
Warehouse Assistant Purchasing and Inventory 12,240 EUR
Warehouse Clerk Purchasing and Inventory 15,580 EUR
Warehouse Executive Purchasing and Inventory 58,720 EUR
Warehouse Lead Purchasing and Inventory 38,780 EUR
Warehouse Manager Purchasing and Inventory 59,660 EUR
Warehouse Supervisor Purchasing and Inventory 44,780 EUR
Wholesale Buyer Purchasing and Inventory 56,100 EUR

Salary Comparison by City

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

City Average Salary
Vilnius 46,720 EUR

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