How Much Do managers Earn in Chile? A Comprehensive Breakdown by Industry
Serving as a manager in Chile is often associated with a good salary, though conditions may vary depending on factors such as the size of the company and the worker’s experiance.A recent study conducted by the talent consultancy Robert Walters Chile evaluated the remunerations of the highest executive-level positions in the country. Too determine these figures, data was collected from actual offer letters and consultations with tables of experts specialized in various areas and industries.
The analysis considered the net income received between January and November 2024, excluding other variable income such as travel expenses and bonuses.As expected, it was concluded that the highest salaries in companies correspond to CEOs (Chief Executive Officers), translated into Spanish as general managers. “Its main function is to define the vision, purpose and mission of the company. They make key decisions that impact all areas,” says Alfredo Araneda, CEO of Robert Walters Chile.
Here’s a detailed breakdown of manager salaries in Chile across various industries:
Mining
Table of Contents
- A CEO in a large company can earn from $22,000,000 to $30,000,000.
- A CEO in a medium-sized company can earn from $16,000,000 to $20,000,000.
- An operations manager in a large company can earn from $8,200,000 to ,000,000.
banking and insurance
- A CEO in a large company can earn from $17,000,000 to ,000,000.
- A CEO in a medium-sized company can earn from $12,000,000 to $18,000,000.
Finance and Accounting
- A CEO in a large company can earn from $17,000,000 to $25,000,000.
- A CFO (Chief Financial Officer) in a large company can earn from $7,000,000 to $12,000,000.
Energy
- A CEO in a large company can earn from $15,000,000 to $25,000,000.
- A CEO in a medium-sized company can earn from $8,000,000 to $15,000,000.
Technology and Digital
- A CEO in a large company can earn from $13,000,000 to $17,000,000.
- A CIO/IT Director in a large company can earn from $12,000,000 to $16,000,000.
- A CTO (Chief Technology Officer) in a large company can earn from $8,000,000 to $16,000,000.
Construction
- A CEO in a medium-sized company can earn from $8,000,000 to $12,000,000.
Legal
- A legal manager in a large company can earn from $7,000,000 to $12,000,000.
Marketing and Sales
- A commercial manager in a large company can earn from $7,000,000 to $9,500,000.
- A CMO (Chief Marketing Officer) in a large company can earn from $6,500,000 to $8,500,000.
Human Resources
- A human resources manager in a large company can earn from $6,500,000 to $9,500,000.
To summarize the key findings, here’s a table highlighting the salary ranges for managers across different industries:
| industry | Position | Salary Range (CLP) |
|———————–|———————–|———————–|
| Mining | CEO (Large Company) | $22,000,000 – $30,000,000 |
| Banking and Insurance | CEO (Large Company) | $17,000,000 – $25,000,000 |
| Finance and Accounting| CFO (Large Company) | $7,000,000 – $12,000,000 |
| technology and Digital| CIO/IT Director | $12,000,000 – $16,000,000 |
| Construction | CEO (Medium Company) | $8,000,000 – $12,000,000 |
| Legal | Legal Manager | $7,000,000 – $12,000,000 |
| Marketing and Sales | CMO | $6,500,000 – $8,500,000 |
| Human Resources | HR Manager | $6,500,000 – $9,500,000 |
For more detailed salary information about the role, you can access the salary platform provided by [[1]]. Additionally, the gross salary range for people working in Chile is typically from 1,007,796 CLP (minimum salary) to 3,232,269 CLP (highest average), as reported by [[2]].this comprehensive analysis provides a clear picture of the manager salaries in Chile, offering valuable insights for professionals and employers alike.
Manager Salaries in Chile: Insights from Alfredo Araneda, CEO of robert Walters Chile
In Chile, being a manager is often synonymous with a good salary, but the remuneration can vary substantially depending on the industry, company size, and the professional’s experience. To shed light on this topic, we interviewed Alfredo Araneda, the CEO of robert Walters Chile, a renowned talent consultancy that recently conducted a comprehensive study on manager salaries across various industries in Chile. This analysis, based on actual offer letters and expert consultations, provides valuable insights for professionals and employers alike.
Mining Industry
Senior Editor: Alfredo, let’s start with the mining industry. What are the salary ranges for CEOs and operations managers in this sector?
Alfredo Araneda: In the mining industry, CEOs in large companies can earn between $22,000,000 to $30,000,000. For medium-sized companies,the range is slightly lower,from $16,000,000 to $20,000,000. Operations managers in large companies typically earn from $8,200,000 to $13,000,000.
Banking and Insurance
Senior Editor: moving to banking and insurance, how do the salaries for CEOs compare?
Alfredo Araneda: CEOs in large banking and insurance companies earn from $17,000,000 to $25,000,000. In medium-sized companies, the range is from $12,000,000 to $18,000,000.
Technology and Digital
Senior Editor: The technology and digital sector seems to be booming. What are the salary expectations for CEOs, CIOs, and CTOs here?
Alfredo Araneda: CEOs in large technology companies earn between $13,000,000 to $17,000,000. CIOs or IT Directors can earn from $12,000,000 to $16,000,000, and CTOs typically earn between $8,000,000 to $16,000,000.
Construction Industry
Senior Editor: What about the construction industry? How do CEO salaries there compare?
Alfredo araneda: CEOs in medium-sized construction companies earn from $8,000,000 to $12,000,000. It’s important to note that this sector is heavily influenced by project size and company revenue.
Legal Sector
Senior Editor: Let’s touch on the legal sector. What are the salary ranges for legal managers?
Alfredo Araneda: Legal managers in large companies can earn from $7,000,000 to $12,000,000. This range reflects the critical role they play in corporate governance and compliance.
Marketing and Sales
Senior Editor: What about marketing and sales? How do commercial managers and CMOs fare in terms of salary?
Alfredo Araneda: Commercial managers in large companies earn between $7,000,000 to $9,500,000,while CMOs earn from $6,500,000 to $8,500,000. These roles are pivotal in driving revenue and brand positioning.
Human Resources
Senior Editor: let’s discuss human resources. What are the salary expectations for HR managers?
Alfredo Araneda: HR managers in large companies earn from $6,500,000 to $9,500,000. Their role in talent acquisition and retention is crucial for any organization’s success.
Senior Editor: Alfredo, thank you for these detailed insights. It’s clear that manager salaries in Chile vary widely across industries,but the common thread is their important impact on organizational success.
Alfredo Araneda: exactly. Managers play a pivotal role in shaping the vision and strategy of their companies, and their remuneration reflects that obligation.
