General Manager 2 salary in Latvia

Average Yearly Salary of General Manager 2 in Latvia is approximately 29,219 EUR (29,160 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 General Manager 2 do?

A General Manager is responsible for overseeing the overall operations and performance of a company or organization. They are responsible for setting goals, developing strategies, and implementing policies to ensure the success and growth of the business. The General Manager plays a crucial role in managing budgets, financial planning, and resource allocation. They also supervise and provide guidance to department managers, ensuring that all teams are working towards achieving the company's objectives. Additionally, they are responsible for maintaining relationships with key stakeholders, such as clients, suppliers, and partners. The General Manager also monitors industry trends, competition, and market conditions to make informed decisions that drive the company's success.

Skills: General Manager, Operations Management, Leadership, Strategic Planning, Financial Management, Team Management
Job industry: Hospitality

How much does General Manager 2 make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is General Manager 2 a well paid job?

Yes, our data shows that General Manager 2 is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for General Manager 2?

High salary for General Manager 2 would be somewhere between 32,141 EUR and 42,368 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as General Manager 2 in Latvia?

Living in Latvia the approximate monthly expenses are: 860 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: 29,219 EUR
Estimated Monthly Salary: 2,435 EUR
Estimated Weekly Salary: 562 EUR per week
Estimated Hourly Salary: 14 EUR per hour
By working as General Manager 2 a person can save up to 1,570 USD per month or 18,840 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 Latvia, see costs of living in Latvia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Estonia, Russia, Belarus, Lithuania..
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for General Manager 2

Last revision of data: 2025-01-04

Salary 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 increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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