Home > Salary > Hungary > Managing Director
A Managing Director is a high-level executive responsible for overseeing the operations and strategic direction of a company. They are typically appointed by the board of directors and play a crucial role in setting organizational goals, implementing policies, and ensuring the overall success of the business. The Managing Director leads and manages a team of senior executives, providing guidance and support to achieve financial targets, operational efficiency, and market growth. They are also responsible for building and maintaining relationships with key stakeholders such as clients, investors, and government authorities. This position requires strong leadership skills, business acumen, and the ability to make critical decisions that impact the company's performance and reputation.
Estimated Yearly Salary: 21,923,119 HUF
Estimated Monthly Salary: 1,826,927 HUF
Estimated Weekly Salary: 421,598 HUF per week
Estimated Hourly Salary: 10,540 HUF per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,765,790 HUF
Estimated Weekly Salary: 407,490 HUF per week
Estimated Hourly Salary: 10,187 HUF per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 57,433 USD
Estimated Monthly Salary: 4,786 USD
Estimated Weekly Salary: 1,104 USD per week
Estimated Hourly Salary: 28 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 21,923,119 HUF
Estimated Monthly Salary: 1,826,927 HUF
Estimated Weekly Salary: 421,598 HUF per week
Estimated Hourly Salary: 10,540 HUF per hour
By working as Managing Director a person can save up to 4,026 USD per month or 48,308 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Hungary, see costs of living in Hungary.
Estimated Yearly Salary for Managing Director
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Long term care nursing supervisor (7,543,698 HUF per year, pre-tax.)
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Managing Director salary in Hungary
Average Yearly Salary of Managing Director in Hungary is approximately 21,923,119 HUF (57,433 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Managing Director do?
A Managing Director is a high-level executive responsible for overseeing the operations and strategic direction of a company. They are typically appointed by the board of directors and play a crucial role in setting organizational goals, implementing policies, and ensuring the overall success of the business. The Managing Director leads and manages a team of senior executives, providing guidance and support to achieve financial targets, operational efficiency, and market growth. They are also responsible for building and maintaining relationships with key stakeholders such as clients, investors, and government authorities. This position requires strong leadership skills, business acumen, and the ability to make critical decisions that impact the company's performance and reputation.
Skills: Managing Director, Executive Leadership, Strategic Management, Operational Efficiency, Financial Targets, Stakeholder Relations
Job industry: Business
Job industry: Business
How much does Managing Director make?
Salary details
How much does Managing Director make?Estimated Yearly Salary: 21,923,119 HUF
Estimated Monthly Salary: 1,826,927 HUF
Estimated Weekly Salary: 421,598 HUF per week
Estimated Hourly Salary: 10,540 HUF per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 21,189,475 HUFEstimated Monthly Salary: 1,765,790 HUF
Estimated Weekly Salary: 407,490 HUF per week
Estimated Hourly Salary: 10,187 HUF per hour
Last revision of data: 2024-01-03Managing Director estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 57,433 USD
Estimated Monthly Salary: 4,786 USD
Estimated Weekly Salary: 1,104 USD per week
Estimated Hourly Salary: 28 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Salary comparison to National average
Hungary, a landlocked country located in Central Europe, is known for its rich history, vibrant culture, and stunning architecture. With a population of approximately 9.8 million people, Hungary covers an area of around 93,030 square kilometers. The country's capital and largest city is Budapest, which is divided by the Danube River.
Estimated national average yearly salary is 6,675,932 HUF (19,010 USD). Value indicated is pre-tax. Below graph shows estimated Managing Director job salary compared to average salary in Hungary.
Comparison shows that a person working as Managing Director in Hungary earns on average:
3.28 times the average salary (or 328% of average salary).
Estimated national average yearly salary is 6,675,932 HUF (19,010 USD). Value indicated is pre-tax. Below graph shows estimated Managing Director job salary compared to average salary in Hungary.
Comparison shows that a person working as Managing Director in Hungary earns on average:
3.28 times the average salary (or 328% of average salary).
Is Managing Director a well paid job?
Yes, our data show that Managing Director is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Managing Director?
High salary for Managing Director would be somewhere between 24,115,431 HUF and 31,788,523 HUF. However this is an estimation based on Gaussian Distribution.How much can you save working as Managing Director in Hungary?
Living in Hungary the approximate monthly expenses are: 760 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 21,923,119 HUF
Estimated Monthly Salary: 1,826,927 HUF
Estimated Weekly Salary: 421,598 HUF per week
Estimated Hourly Salary: 10,540 HUF per hour
By working as Managing Director a person can save up to 4,026 USD per month or 48,308 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Hungary, see costs of living in Hungary.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Austria, Slovakia, Ukraine, Romania, Serbia, Croatia, Slovenia.. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Managing Director
Austria is 168,953 USD
Slovakia is 66,352 USD
Ukraine is 12,830 USD
Romania is 47,141 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Hungary
(75,982,184 HUF per year, pre-tax.)
2. Cardiologist
(63,094,968 HUF per year, pre-tax.)
(61,159,464 HUF per year, pre-tax.)
4. Neurosurgeon
(59,259,876 HUF per year, pre-tax.)
(58,979,325 HUF per year, pre-tax.)
(57,963,983 HUF per year, pre-tax.)
(57,939,678 HUF per year, pre-tax.)
(57,895,696 HUF per year, pre-tax.)
9. Oncologist
(57,879,147 HUF per year, pre-tax.)
10. Urologist
(57,676,463 HUF per year, pre-tax.)
Data as of 2025Random salary:
Hospital clerk (3,848,470 HUF per year, pre-tax.)
Instrument cleaning technician (3,730,037 HUF per year, pre-tax.)
Inventory control manager (8,809,000 HUF per year, pre-tax.)
Long term care nursing supervisor (7,543,698 HUF per year, pre-tax.)
Public relations (pr), director (11,215,636 HUF per year, pre-tax.)
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