8 Jun 2023
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Based on 5 years of work experience, managing directors and chief executives will earn between K14,790 and K125,234 per month. 25% of the respondents are female, 75% are male. This is evident from research conducted by Mywage.org/Zambia, in 2023.
Highest salary for managing directors and chief executives with 30 years of experience: K7,064 to K279,458 per month
Based on our survey, people in this job with 30 years of work experience earn the highest salary: between K7,064 and K279,458 per month. Per hour, people in this job with 5 years of experience earn between K71 and K603.
Managing directors and chief executives mostly male
The age group for people in this job who answered the survey was mostly between 24 and 29 years of age. Among the workers who share information on their wages and working conditions, most are male. Of the workers who participated in the survey, 37% have no children.
Average working week of 41 hours
On average, workers work 41 hours per week. Coverage by collective bargaining amongst workers is 6%, while 94% are not covered by a collective agreement, according to our survey.
Coworkers mostly male
In most cases, people in this job report that the majority of their coworkers are male. 38% of workers have worked 10-20 years since their first job. 25% of employees state that they have no permanent contract for their job. 50% of all participating employees work in a multinational organisation. Workers in this occupation who have a permanent contract for the work they are performing, add up to 75%. People in this job mostly work in organisations consisting of 500 or more people.
In the survey, 11% of the workers in this occupation choose 'highly dissatisfied' as their job satisfaction level. On the whole, people in this job feel in between satisfied and dissatisfied about their job. This feeling is shared by 39% of the people in this job.
Wage dissatisfaction high among managing directors and chief executives
Among the people in this job, 27% reported they are in between satisfied and dissatisfied with their wage. 37% of the employees reports to be dissatisfied with their wage.
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You can contribute to Mywage.org/Zambia's research on working conditions and wages! Compare your wage using the Salary Check or fill out the Salary Survey for workers in this occupation.