Senior Executive Compensation Analyst salary in Latvia

Average Yearly Salary of Senior Executive Compensation Analyst in Latvia is approximately 42,294 EUR (42,405 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 Senior Executive Compensation Analyst do?

A senior executive compensation analyst is responsible for designing, implementing, and managing compensation programs for senior-level executives within an organization. They analyze market trends, conduct salary surveys, and evaluate the performance of executives to ensure competitive and fair compensation packages. This role involves collaborating with HR teams, finance departments, and senior management to develop effective compensation strategies that align with company goals and objectives. Senior executive compensation analysts also provide guidance on regulatory compliance and best practices in executive compensation. They may be involved in designing long-term incentive plans, equity-based compensation programs, and bonus structures. Strong analytical skills, knowledge of compensation principles, and understanding of executive pay practices are essential for this role.

Skills: senior executive compensation, analyst, compensation programs, market trends, regulatory compliance, incentive plans
Job industry: Finance

How much does Senior Executive Compensation Analyst make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Senior Executive Compensation Analyst a well paid job?

Yes, our data show that Senior Executive Compensation Analyst 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 Senior Executive Compensation Analyst?

High salary for Senior Executive Compensation Analyst would be somewhere between 46,523 EUR and 61,326 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Senior Executive Compensation Analyst 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: 42,294 EUR
Estimated Monthly Salary: 3,525 EUR
Estimated Weekly Salary: 813 EUR per week
Estimated Hourly Salary: 20 EUR per hour
By working as Senior Executive Compensation Analyst a person can save up to 2,674 USD per month or 32,085 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 Senior Executive Compensation Analyst

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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