Average Pharmaceutical Team Leader Salary in Latvia for 2024

In this article, we will look at the average Pharmaceutical Team Leader salary for 2024 in Latvia 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 Pharmaceutical Team Leader Make in Latvia?

A Pharmaceutical Team Leader working in Latvia will typically earn around 22,420 EUR per year, and this can range from the lowest average salary of about 10,000 EUR to the highest average salary of 35,340 EUR.

Average Annual Salary
22,420 EUR
Average Monthly Salary
1,868 EUR

Lowest Annual Salary
10,000 EUR
Lowest Monthly Salary
833 EUR

Highest Annual Salary
35,340 EUR
Highest Monthly Salary
2,945 EUR

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

Pharmaceutical Team Leader 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 Pharmaceutical Team Leader Salaries in Latvia

So we've looked at the average salaries a Pharmaceutical Team Leader will earn in Latvia. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Pharmaceutical Team Leader can earn between 10,000 EUR and 35,340 EUR on average in Latvia. 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 Pharmaceutical Team Leader in Latvia is 20,460 EUR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 20,460 EUR, and 50% of the population earn more than 20,460 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 Pharmaceutical Team Leader salary in Latvia, 25% of the population are earning less than 13,100 EUR while 75% of the population earn more than 13,100 EUR.

75% of the population earn less than 26,100 EUR, and 25% of the population earn more than 26,100 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.

Pharmaceutical Team Leader Salary by Experience Level in Latvia

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 pharmaceutical team leader 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 Pharmaceutical Team Leader in Latvia that has less than two years of experience can expect to earn somewhere in the region of 13,540 EUR.
  • 2 - 5 Years Experience. With two to five years of experience the average Pharmaceutical Team Leader salary would increase to 15,380 EUR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Pharmaceutical Team Leader, the average salary would be 23,500 EUR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 26,280 EUR.
  • 15 - 20 Years Experience. A Pharmaceutical Team Leader with 15 to 20 years of experience can earn an average of 31,080 EUR.
  • 20+ Years Experience. For a Pharmaceutical Team Leader with more than 20 years, the expected average salary increases to 31,980 EUR.

Average Salary by Experience Chart

0-2 Years
13,540 EUR
2-5 Years +31%
15,380 EUR
5-10 Years +40%
23,500 EUR
10-15 Years +20%
26,280 EUR
15-20 Years +9%
31,080 EUR
20+ Years +8%
31,980 EUR

Pharmaceutical Team Leader Salary by Education Level in Latvia

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 Pharmaceutical Team Leader in Latvia based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. A Pharmaceutical Team Leader in Latvia with a bachelor's degree education can earn an average salary of 14,820 EUR.

  • Master's Degree. A Pharmaceutical Team Leader in Latvia with a master's degree education can earn an average salary of 28,660 EUR.

Average Salary by Education Chart

Bachelor's Degree
14,820 EUR
Master's Degree +77%
28,660 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 Latvia is around 6,510 to 19,500 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.

Pharmaceutical Team Leader 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 Latvia, a male pharmaceutical team leader will earn an average of 24,840 EUR, while a female pharmaceutical team leader will earn around 23,520 EUR.

This means that a male pharmaceutical team leader earns approximately 6% more than a female pharmaceutical team leader for performing the same job.

Average Salary by Gender Chart in Latvia

Male
24,840 EUR
Female -6%
23,520 EUR

Pharmaceutical Team Leader Average Pay Raise in Latvia

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 Pharmaceutical Team Leader in Latvia is around 11% every 19 months.

The national average pay raise across all professions and industries in Latvia 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 = ( 11 ÷ 19 ) × 12  = 7%

What this means is that a Pharmaceutical Team Leader in Latvia can expect to receive an average pay raise of around 7% every 12 months.

Annual Pay Raise by Industry in Latvia for 2024

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

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

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Pharmaceutical Team Leader Bonus and Incentive Rates in Latvia

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 Pharmaceutical Team Leader is a high bonus based job, with 78% of employees reporting at least one bonus in the last 12 months.

22% 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 8%.

Received Bonus
78%
No Bonus
22%

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 Latvia earn approximately 29% more than private sector employees in the same role.

Public Sector
16,880 EUR
Private Sector -29%
13,100 EUR

Salaries for Jobs Similar to a Pharmaceutical Team Leader

In the table below, we have salary information for jobs that are similar to a Pharmaceutical Team Leader in Latvia.

Job Title Category Salary
Assistant Pharmacist Pharmaceutical and Biotechnology 11,880 EUR
Assistant Pharmacy Director Pharmaceutical and Biotechnology 25,940 EUR
Associate Medical Affairs Director Pharmaceutical and Biotechnology 34,160 EUR
Bioinformatics Scientist Pharmaceutical and Biotechnology 30,700 EUR
Bioinformatics Technician Pharmaceutical and Biotechnology 13,560 EUR
Biological Scientist Pharmaceutical and Biotechnology 34,980 EUR
Biological Technician Pharmaceutical and Biotechnology 14,840 EUR
Biomedical Engineer Pharmaceutical and Biotechnology 12,620 EUR
Biomedical Engineering Director Pharmaceutical and Biotechnology 26,100 EUR
Biostatistician Pharmaceutical and Biotechnology 21,020 EUR
Biotechnologist Pharmaceutical and Biotechnology 19,980 EUR
Biotechnology Lead Data Manager Pharmaceutical and Biotechnology 15,380 EUR
Chemical Process Technician Pharmaceutical and Biotechnology 15,580 EUR
Clinical Consultant Pharmaceutical and Biotechnology 20,460 EUR
Clinical Data Manager Pharmaceutical and Biotechnology 21,100 EUR
Clinical Data Specialist Pharmaceutical and Biotechnology 18,280 EUR
Clinical Informatics Specialist Pharmaceutical and Biotechnology 17,100 EUR
Clinical Operations Manager Pharmaceutical and Biotechnology 32,620 EUR
Clinical Pharmacist Pharmaceutical and Biotechnology 19,060 EUR
Clinical Pharmacy Specialist Pharmaceutical and Biotechnology 23,480 EUR
Clinical Programmer Pharmaceutical and Biotechnology 9,960 EUR
Clinical Project Manager Pharmaceutical and Biotechnology 18,280 EUR
Clinical Research Associate Pharmaceutical and Biotechnology 20,120 EUR
Clinical Research Manager Pharmaceutical and Biotechnology 28,900 EUR
Clinical Study Manager Pharmaceutical and Biotechnology 25,660 EUR
Compliance Specialist Pharmaceutical and Biotechnology 20,000 EUR
Cytology Laboratory Technologist Pharmaceutical and Biotechnology 18,780 EUR
Cytotechnologist Pharmaceutical and Biotechnology 15,920 EUR
GCP Auditor Pharmaceutical and Biotechnology 19,640 EUR
Hospital Pharmacy Technician Pharmaceutical and Biotechnology 17,260 EUR
Manufacturing Engineer Pharmaceutical and Biotechnology 17,560 EUR
Medical Affairs Director Pharmaceutical and Biotechnology 32,420 EUR
Medical Representative Pharmaceutical and Biotechnology 13,960 EUR
Medical Science Liaison Pharmaceutical and Biotechnology 23,500 EUR
Molecular and Cellular Biologist Pharmaceutical and Biotechnology 33,980 EUR
Nuclear Pharmacist Pharmaceutical and Biotechnology 19,980 EUR
Pharmaceutical Manager Pharmaceutical and Biotechnology 38,140 EUR
Pharmaceutical Manufacturing Lead Pharmaceutical and Biotechnology 36,020 EUR
Pharmaceutical Operations Excellence Manager Pharmaceutical and Biotechnology 35,520 EUR
Pharmaceutical Process Engineer Pharmaceutical and Biotechnology 17,760 EUR
Pharmaceutical Production Assistant Manager Pharmaceutical and Biotechnology 20,460 EUR
Pharmaceutical Project Manager Pharmaceutical and Biotechnology 21,400 EUR
Pharmaceutical Quality Auditor Pharmaceutical and Biotechnology 23,520 EUR
Pharmaceutical Regulatory Affairs Assistant Pharmaceutical and Biotechnology 16,340 EUR
Pharmaceutical Regulatory Affairs Manager Pharmaceutical and Biotechnology 23,660 EUR
Pharmaceutical Regulatory Affairs Specialist Pharmaceutical and Biotechnology 18,280 EUR
Pharmaceutical Representative Pharmaceutical and Biotechnology 14,540 EUR
Pharmaceutical Research Associate Pharmaceutical and Biotechnology 19,980 EUR
Pharmaceutical Research Scientist Pharmaceutical and Biotechnology 31,180 EUR
Pharmaceutical Researcher Pharmaceutical and Biotechnology 30,840 EUR
Pharmaceutical Sales and Marketing Manager Pharmaceutical and Biotechnology 25,160 EUR
Pharmaceutical Sales Manager Pharmaceutical and Biotechnology 27,480 EUR
Pharmaceutical Sales Representative Pharmaceutical and Biotechnology 11,880 EUR
Pharmaceutical Supply Chain Manager Pharmaceutical and Biotechnology 31,340 EUR
Pharmaceutical Technologist Pharmaceutical and Biotechnology 15,580 EUR
Pharmacist Pharmaceutical and Biotechnology 21,380 EUR
Pharmacy Aide Pharmaceutical and Biotechnology 14,620 EUR
Pharmacy Manager Pharmaceutical and Biotechnology 30,700 EUR
Pharmacy Stock Controller Pharmaceutical and Biotechnology 10,980 EUR
Pharmacy Technician Pharmaceutical and Biotechnology 10,980 EUR
Records Management Coordinator Pharmaceutical and Biotechnology 8,880 EUR
Shift Encapsulator Pharmaceutical and Biotechnology 12,180 EUR
Staff Pharmacist Pharmaceutical and Biotechnology 20,940 EUR

Salary Comparison by City

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

City Average Salary
Riga 24,860 EUR

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