Home > Salary > Latvia > Music Business Manager
A music business manager is responsible for overseeing the various aspects of an artist's career in the music industry. They handle the financial, legal, and administrative tasks required to ensure the success of the artist's career. This includes negotiating contracts, managing finances, coordinating tours and promotions, and liaising with record labels, agents, and other industry professionals. They also provide guidance and advice to the artist on career decisions and help them navigate the complex music industry landscape. A music business manager must have a strong understanding of the industry and its trends, excellent organizational and communication skills, and the ability to multitask effectively. They play a crucial role in shaping an artist's career and ensuring their long-term success.
Estimated Yearly Salary: 29,720 EUR
Estimated Monthly Salary: 2,477 EUR
Estimated Weekly Salary: 572 EUR per week
Estimated Hourly Salary: 14 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 2,402 EUR
Estimated Weekly Salary: 554 EUR per week
Estimated Hourly Salary: 14 EUR per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 29,916 USD
Estimated Monthly Salary: 2,493 USD
Estimated Weekly Salary: 575 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: 29,720 EUR
Estimated Monthly Salary: 2,477 EUR
Estimated Weekly Salary: 572 EUR per week
Estimated Hourly Salary: 14 EUR per hour
By working as Music Business Manager a person can save up to 1,633 USD per month or 19,596 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 Music Business Manager
Last revision of data: 2025-01-04
Data as of 2025
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Music Business Manager salary in Latvia
Average Yearly Salary of Music Business Manager in Latvia is approximately 29,720 EUR (29,916 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 Music Business Manager do?
A music business manager is responsible for overseeing the various aspects of an artist's career in the music industry. They handle the financial, legal, and administrative tasks required to ensure the success of the artist's career. This includes negotiating contracts, managing finances, coordinating tours and promotions, and liaising with record labels, agents, and other industry professionals. They also provide guidance and advice to the artist on career decisions and help them navigate the complex music industry landscape. A music business manager must have a strong understanding of the industry and its trends, excellent organizational and communication skills, and the ability to multitask effectively. They play a crucial role in shaping an artist's career and ensuring their long-term success.Skills: Music industry, Artist management, Contract negotiation, Financial management, Tour coordination, Industry liaison
Job industry: Entertainment
Job industry: Entertainment
How much does Music Business Manager make?
Salary details
How much does Music Business Manager make?Estimated Yearly Salary: 29,720 EUR
Estimated Monthly Salary: 2,477 EUR
Estimated Weekly Salary: 572 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: 28,825 EUREstimated Monthly Salary: 2,402 EUR
Estimated Weekly Salary: 554 EUR per week
Estimated Hourly Salary: 14 EUR per hour
Last revision of data: 2024-01-05Music Business Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 29,916 USD
Estimated Monthly Salary: 2,493 USD
Estimated Weekly Salary: 575 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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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 Music Business Manager job salary compared to average salary in Latvia.
Comparison shows that a person working as Music Business Manager in Latvia earns on average:
1.52 times the average salary (or 152% of average salary).
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Music Business Manager job salary compared to average salary in Latvia.
Comparison shows that a person working as Music Business Manager in Latvia earns on average:
1.52 times the average salary (or 152% of average salary).
Is Music Business Manager a well paid job?
Yes, our data shows that Music Business 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 Music Business Manager?
High salary for Music Business Manager would be somewhere between 32,692 EUR and 43,094 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Music Business 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: 29,720 EUR
Estimated Monthly Salary: 2,477 EUR
Estimated Weekly Salary: 572 EUR per week
Estimated Hourly Salary: 14 EUR per hour
By working as Music Business Manager a person can save up to 1,633 USD per month or 19,596 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 Music Business Manager
Estonia is 38,308 USD
Russia is 17,782 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:
Youth coach (13,657 EUR per year, pre-tax.)
Retail store designer (26,716 EUR per year, pre-tax.)
Data integration developer (28,956 EUR per year, pre-tax.)
Machine operator injection (8,817 EUR per year, pre-tax.)
Attending anesthesiologist (83,154 EUR per year, pre-tax.)
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This website displays salary data solely for reference purposes. While we endeavor for correctness, we cannot ensure the precision of all figures. Users should double-check salary details with reliable sources before making financial decisions. Salary estimates can fluctuate based on multiple elements, such as company size, negotiation tactics, and industry demand. We assume no responsibility for errors in the pay estimates provided. By accessing optisalary.com, you accept that salary data is subject to change.