Home > Salary > Latvia > Industrial Engineering Manager
An Industrial Engineering Manager is responsible for overseeing the planning, development, and implementation of industrial engineering projects within an organization. They analyze production processes, identify areas for improvement, and develop strategies to optimize efficiency, reduce costs, and increase productivity. They collaborate with cross-functional teams to implement process improvements, monitor performance metrics, and ensure adherence to quality standards. Additionally, they may be involved in designing and implementing new systems, equipment, or technologies to enhance operational effectiveness. An Industrial Engineering Manager also plays a crucial role in managing resources, including personnel, budgets, and timelines, to ensure project success. This occupation requires strong analytical skills, problem-solving abilities, and a thorough understanding of industrial engineering principles.
Estimated Yearly Salary: 43,848 EUR
Estimated Monthly Salary: 3,654 EUR
Estimated Weekly Salary: 843 EUR per week
Estimated Hourly Salary: 21 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 3,535 EUR
Estimated Weekly Salary: 816 EUR per week
Estimated Hourly Salary: 20 EUR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 43,931 USD
Estimated Monthly Salary: 3,661 USD
Estimated Weekly Salary: 845 USD per week
Estimated Hourly Salary: 21 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: 43,848 EUR
Estimated Monthly Salary: 3,654 EUR
Estimated Weekly Salary: 843 EUR per week
Estimated Hourly Salary: 21 EUR per hour
By working as Industrial Engineering Manager a person can save up to 2,801 USD per month or 33,611 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.
Estimated Yearly Salary for Industrial Engineering Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Industrial Engineering Manager salary in Latvia
Average Yearly Salary of Industrial Engineering Manager in Latvia is approximately 43,848 EUR (43,931 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 Industrial Engineering Manager do?
An Industrial Engineering Manager is responsible for overseeing the planning, development, and implementation of industrial engineering projects within an organization. They analyze production processes, identify areas for improvement, and develop strategies to optimize efficiency, reduce costs, and increase productivity. They collaborate with cross-functional teams to implement process improvements, monitor performance metrics, and ensure adherence to quality standards. Additionally, they may be involved in designing and implementing new systems, equipment, or technologies to enhance operational effectiveness. An Industrial Engineering Manager also plays a crucial role in managing resources, including personnel, budgets, and timelines, to ensure project success. This occupation requires strong analytical skills, problem-solving abilities, and a thorough understanding of industrial engineering principles.
Skills: Industrial Engineering, Project Management, Process Improvement, Efficiency Optimization, Cost Reduction, Productivity Enhancement
Job industry: Manufacturing
Job industry: Manufacturing
How much does Industrial Engineering Manager make?
Salary details
How much does Industrial Engineering Manager make?Estimated Yearly Salary: 43,848 EUR
Estimated Monthly Salary: 3,654 EUR
Estimated Weekly Salary: 843 EUR per week
Estimated Hourly Salary: 21 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 42,417 EUREstimated Monthly Salary: 3,535 EUR
Estimated Weekly Salary: 816 EUR per week
Estimated Hourly Salary: 20 EUR per hour
Last revision of data: 2024-01-02Industrial Engineering Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 43,931 USD
Estimated Monthly Salary: 3,661 USD
Estimated Weekly Salary: 845 USD per week
Estimated Hourly Salary: 21 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
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Country:
Salary comparison to National average
Latvia is a country located in Northern Europe, bordered by Estonia to the north, Lithuania to the south, Russia to the east, and Belarus to the southeast. It has a population of approximately 1.9 million people and covers an area of about 64,589 square kilometers.
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Industrial Engineering Manager job salary compared to average salary in Latvia.
Comparison shows that a person working as Industrial Engineering Manager in Latvia earns on average:
2.24 times the average salary (or 224% of average salary).
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Industrial Engineering Manager job salary compared to average salary in Latvia.
Comparison shows that a person working as Industrial Engineering Manager in Latvia earns on average:
2.24 times the average salary (or 224% of average salary).
Is Industrial Engineering Manager a well paid job?
Yes, our data show that Industrial Engineering Manager 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 Industrial Engineering Manager?
High salary for Industrial Engineering Manager would be somewhere between 48,233 EUR and 63,580 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Industrial Engineering Manager 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: 43,848 EUR
Estimated Monthly Salary: 3,654 EUR
Estimated Weekly Salary: 843 EUR per week
Estimated Hourly Salary: 21 EUR per hour
By working as Industrial Engineering Manager a person can save up to 2,801 USD per month or 33,611 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 Industrial Engineering Manager
Estonia is 56,443 USD
Russia is 26,233 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 Latvia
(224,317 EUR per year, pre-tax.)
2. Cardiologist
(186,760 EUR per year, pre-tax.)
(179,947 EUR per year, pre-tax.)
4. Neurosurgeon
(174,646 EUR per year, pre-tax.)
(174,433 EUR per year, pre-tax.)
6. Urologist
(170,871 EUR per year, pre-tax.)
(170,733 EUR per year, pre-tax.)
(170,497 EUR per year, pre-tax.)
(169,948 EUR per year, pre-tax.)
(169,943 EUR per year, pre-tax.)
Data as of 2025Random salary:
Money manager (36,132 EUR per year, pre-tax.)
Boilermaker (27,420 EUR per year, pre-tax.)
Property management accountant (20,543 EUR per year, pre-tax.)
Firefighter (16,942 EUR per year, pre-tax.)
Corporate wellness director (28,409 EUR per year, pre-tax.)
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