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Top Management

Salary for position Managing Director in Bulgaria

Average net monthly salary in Bulgaria is
An employee's salary is influenced by several factors, primarily the region in which they work, length of experience, company size, and more.
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80% of people earn:
2,667 - 11,206 BGN
10% earn less lthan 2,667 BGN
10% earns more than 11,206 BGN
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Salaries in the survey are expressed in net.

Based on the Zaplatomer.bg salary survey, 80% of people on the Managing Director position in the Bulgaria earn between 2,667 BGN and 11,206 BGN monthly net.

10% of employees earn less than 2,667 BGN and 10% of people earn more than 11,206 BGN.

The survey is based on data from employees, cleaned of extreme and duplicate values. By taking a free, anonymous survey, you will get a more accurate salary comparison with other people working in the same position as you.
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What kind of work does Managing Director typically do

  • Coordinating and managing all material, financial, and technical resources of the company.
  • Responsibility for the implementation of shareholder strategy.
  • Conducting meetings with key business partners and the negotiation of conditions for co-operation.
  • Drawing up the medium-term and long-term plans of the company.
  • Responsibility for the financial management of the company.
  • Ensuring the profitability of individual activities and the prosperity of the company.

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The most common career path of an employee

The graphic shows how employees most often progress in their careers. Click on the name of the position to get to its detail with salary data.

Position Managing Director in the labour market

In the salary ranking,
the job position takes

11. place

Women representation in position

33%

Average age of respondent by position

42

621. place

Medical Orderly

Medicine & Social Care

Salary group 1

972 - 1,528 BGN

12. place

IT Product Manager

Information Technology

Salary group 2

3,891 - 9,420 BGN

11. place

Managing Director

Top Management

Salary group 2

2,667 - 11,206 BGN

10. place

Go developer

Information Technology

Salary group 2

3,278 - 10,637 BGN

1. place

IT Director

Top Management

Salary group 3

5,204 - 16,830 BGN

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Salaries from employees
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What does a salary report contain?
  • Salary for the position by region, education, experience, company size, age
  • Distribution of respondents into wage bands
  • Salary range from 1st to 9th decile
  • A breakdown of all monitored non-financial benefits
  • Analysis of financial benefits
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Frequently asked Questions

Frequently asked questions and answers about the salary for the position Managing Director.

The total gross salary for the position Managing Director ranges between 2,107 BGN and 20,554 BGN per month. For an accurate comparison, we recommend checking your salary through the questionnaire on Zaplatomer.bg to get a more precise view of the salary, considering the region where you work.

The highest-earning employees in the position Managing Director have a total gross salary of at least 11,206 BGN per month.

10% of the highest-earning employees in this position have a total gross salary higher than 11,206 BGN per month, and 10% of the lowest-earning employees in this position have a total gross salary lower than 2,667 BGN per month. By participating in our salary survey, you will get an accurate comparison of your salary with the market average, considering the region where you work.

After working for 5 years, the position Managing Director earns 6,811 BGN per month gross.

You need to be well prepared for salary negotiations. During salary negotiation, we recommend focusing on the following aspects:
  • find out the current market value of the position – on Zaplatomer.bg you can check it for free and anonymously
  • highlight your experience and achievements – it is good to time the salary discussion well
  • expanded responsibilities – if you work beyond your role and assigned duties
  • prepare alternatives – if a salary increase is not possible, there are other options (bonuses, extra vacation, etc.)

The salary data comes from a pay survey where everyone can anonymously compare their salary with other employees working in the same position. We clean and process this data according to our methodology. For the position Managing Director, we currently have 67 verified respondents collected.