Home > Salary > Latvia > Key Relationship Manager
A key relationship manager is responsible for building and maintaining strong relationships with key clients or customers of a company. They act as the primary point of contact, ensuring that client needs are met and their expectations are exceeded. Key relationship managers work closely with clients to understand their goals, provide personalized solutions, and address any concerns or issues that may arise. They also collaborate with internal teams to coordinate and deliver products or services to clients in a timely manner. This role requires excellent communication and interpersonal skills, as well as the ability to negotiate and influence stakeholders. Key relationship managers must possess a deep understanding of the industry and market trends, as well as the ability to identify opportunities for upselling or cross-selling. They are also responsible for monitoring client satisfaction and driving customer retention.
Estimated Yearly Salary: 28,852 EUR
Estimated Monthly Salary: 2,404 EUR
Estimated Weekly Salary: 555 EUR per week
Estimated Hourly Salary: 14 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 2,324 EUR
Estimated Weekly Salary: 536 EUR per week
Estimated Hourly Salary: 13 EUR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 28,951 USD
Estimated Monthly Salary: 2,413 USD
Estimated Weekly Salary: 557 USD per week
Estimated Hourly Salary: 14 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: 28,852 EUR
Estimated Monthly Salary: 2,404 EUR
Estimated Weekly Salary: 555 EUR per week
Estimated Hourly Salary: 14 EUR per hour
By working as Key Relationship Manager a person can save up to 1,553 USD per month or 18,631 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 Key Relationship Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Key Relationship Manager salary in Latvia
Average Yearly Salary of Key Relationship Manager in Latvia is approximately 28,852 EUR (28,951 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 Key Relationship Manager do?
A key relationship manager is responsible for building and maintaining strong relationships with key clients or customers of a company. They act as the primary point of contact, ensuring that client needs are met and their expectations are exceeded. Key relationship managers work closely with clients to understand their goals, provide personalized solutions, and address any concerns or issues that may arise. They also collaborate with internal teams to coordinate and deliver products or services to clients in a timely manner. This role requires excellent communication and interpersonal skills, as well as the ability to negotiate and influence stakeholders. Key relationship managers must possess a deep understanding of the industry and market trends, as well as the ability to identify opportunities for upselling or cross-selling. They are also responsible for monitoring client satisfaction and driving customer retention.
Skills: Relationship management, Client relations, Customer service, Sales, Account management, Communication skills
Job industry: Banking
Job industry: Banking
How much does Key Relationship Manager make?
Salary details
How much does Key Relationship Manager make?Estimated Yearly Salary: 28,852 EUR
Estimated Monthly Salary: 2,404 EUR
Estimated Weekly Salary: 555 EUR per week
Estimated Hourly Salary: 14 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 27,888 EUREstimated Monthly Salary: 2,324 EUR
Estimated Weekly Salary: 536 EUR per week
Estimated Hourly Salary: 13 EUR per hour
Last revision of data: 2024-01-03Key Relationship Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 28,951 USD
Estimated Monthly Salary: 2,413 USD
Estimated Weekly Salary: 557 USD per week
Estimated Hourly Salary: 14 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 Key Relationship Manager job salary compared to average salary in Latvia.
Comparison shows that a person working as Key Relationship Manager in Latvia earns on average:
1.47 times the average salary (or 147% of average salary).
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Key Relationship Manager job salary compared to average salary in Latvia.
Comparison shows that a person working as Key Relationship Manager in Latvia earns on average:
1.47 times the average salary (or 147% of average salary).
Is Key Relationship Manager a well paid job?
Yes, our data shows that Key Relationship Manager 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 Key Relationship Manager?
High salary for Key Relationship Manager would be somewhere between 31,737 EUR and 41,835 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Key Relationship 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: 28,852 EUR
Estimated Monthly Salary: 2,404 EUR
Estimated Weekly Salary: 555 EUR per week
Estimated Hourly Salary: 14 EUR per hour
By working as Key Relationship Manager a person can save up to 1,553 USD per month or 18,631 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 Key Relationship Manager
Estonia is 37,062 USD
Russia is 17,204 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:
User acceptance testing (uat), analyst (25,271 EUR per year, pre-tax.)
Floorsales manager (13,304 EUR per year, pre-tax.)
Dining room manager (19,890 EUR per year, pre-tax.)
Teacher aide (10,694 EUR per year, pre-tax.)
Subrogation investigator (insurance) (15,386 EUR per year, pre-tax.)
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