How much money do managers make more than their employees?
An analysis provides exact figures and shows that the pay gap is particularly high in some industries.
Have you ever asked yourself how much salary your boss earns more than you do?
Then we have the right answer ready here:
Managers earn more than twice as much as skilled workers per year
.
This is shown by a current evaluation of the online portal
Salary.de.
While skilled workers have to be satisfied with an average annual salary of around EUR 41,900,
managers
receive
around EUR 96,300
per year.
That is an average of 130 percent more.
But the wage differences are not so large everywhere.
In which industries are the wage differences particularly large?
How big the pay gap between boss and employee actually is depends largely on the industry.
In the
culture industry
, the
wage
differences are
smallest,
according to
Salary.de
.
While skilled workers earn around 38,400 euros a year here, managers earn
around 68 percent more
with 64,600 euros
.
In aviation, too, incomes are relatively close to each other at 57,800 euros (skilled workers) and 102,900 euros (executives), resulting in a wage difference of 78 percent. "The difference in wages between specialists and executives in the aviation industry is comparatively low, as specialists in this branch often have prestigious jobs whose salary levels are above average and follow a cross-regional standard," says Dr. Korbinian Nagel, labor
economist
at
Salary.de
. How much does a pilot actually earn? You can find out here.
In the cultural sector, climbing the career ladder is therefore the least worthwhile financially.
In contrast to this, bosses in
tax consulting can
make a substantial leap in salary: Here, employees without personnel responsibility earn around 37,600 euros annually, while employees with personnel responsibility receive around 112,400 euros.
A
salary difference of a whopping 199 percent
!
The situation is similar in legal advice: According to the analysis, the income gap between specialists and executives is around 73,700 euros (195 percent).
Selected industries |
Median * skilled workers |
Median * executives |
Difference in percentage |
|---|---|---|---|
Tax advice |
37,589 euros |
112,388 euros |
199.0 |
Legal advice |
37,826 euros |
111,517 euros |
194.8 |
Consumer & Durable Goods |
49,714 euros |
141,594 euros |
184.8 |
E-commerce |
35,680 euros |
87,603 euros |
145.5 |
Pharmaceutical industry |
53,987 euros |
125,603 euros |
132.7 |
Grocery retail |
31,433 euros |
70,952 euros |
125.7 |
Financial sector |
52,146 euros |
112,347 euros |
115.4 |
Automotive industry |
54,266 euros |
110,823 euros |
104.2 |
Social facilities |
32,333 euros |
60,007 euros |
85.6 |
aviation |
57,777 euros |
102,894 euros |
78.1 |
Culture |
38,398 euros |
64,579 euros |
68.2 |
Source: Salary.de (as of: 2021)
* The median is the value in a row that lies exactly in the middle when the values are sorted according to size. The median is therefore more precise than the average value as it is not influenced by individual extremely high or extremely low values.
Also interesting:
Up to 10,000 euros extra salary: variable remuneration is worthwhile for more and more employees.
What justifies a higher executive salary?
But what reasons actually justify the sometimes enormous differences in salaries between bosses and employees? “
Compared to specialists, managers are usually responsible for a significantly higher budget
and have personnel responsibility. At the same time, this often means that a degree or many years of experience is required. If a position as a manager were not also financially more lucrative, there would inevitably be no long-term applicants for this position, "says Marion Weckes, former expert of the Hans-Böckler-Foundation,
when asked
by
Salary.de
.
And business lawyer and salary coach Karin Schwaer is of the opinion that executives are rightly entitled to higher remuneration, as the portal reports: “A successful executive must be able to motivate, delegate and be able to communicate well.
There are often tedious discussions and unpleasant decisions to be made.
In the end
, the results have to be right.
“By the way, you can find out how you can get a generous salary on a promotion here.
About the study
A
total of 224,474 data sets from specialists and executives were examined
for the salary
analysis
by
Salary.de
.
All information relates to a 40-hour week.
(as)
More on the topic:
Top 20: These employers pay the best salary in Germany.
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Source: Salary.de (press release)
Salary: Ten professions in which you earn super money - without being a boss
Salary: Ten professions in which you earn super money - without being a boss
List of rubric lists: © Jens Schicke via www.imago-images.de
