Relationship Manager Average Salary in Copenhagen 2024
How much money does a person working as Relationship Manager make in Copenhagen?
LOW
27,000
DKK AVERAGE
58,600
DKK HIGH
93,200
DKK
A person working as Relationship Manager in Copenhagen typically earns around 58,600 DKK. Salaries range from 27,000 DKK (lowest) to 93,200 DKK (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Relationship Manager salaries in Copenhagen vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Relationship Manager Pay Scale and Salaries in Copenhagen
Salary Structure and Pay Scale Comparison
55,600 DKK or more
48,700 to 55,600 DKK
33,500 DKK or less
33,500 to 48,700 DKK
 27,000 DKK |
56,000 DKK |
93,200 DKK |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Relationship Manager in Copenhagen range from 27,000 DKK (starting salary) to 93,200 DKK (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 56,000 DKK, half of the professionals who work as Relationship Manager in Copenhagen earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Relationship Manager in Copenhagen earn less than 45,200 DKK, while 75% earn more. Similarly, the chart shows that 75% earn less than 64,500 DKK while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Relationship Manager in Copenhagen compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 33,500 DKK to 48,700 DKK. About 20% of salaries are below the 33,500 DKK mark, while 10% fall within the range of 48,700 DKK to 55,600 DKK. Only 5% of individuals have salaries exceeding 55,600 DKK.
Salary Comparison by Years of Experience / Relationship Manager / Copenhagen
How do experience and age affect pay?
| 0 - 2 Years | 30,600 DKK | |
| 2 - 5 Years | +34% | 40,900 DKK |
| 5 - 10 Years | +48% | 60,400 DKK |
| 10 - 15 Years | +22% | 73,700 DKK |
| 15 - 20 Years | +9% | 80,300 DKK |
| 20+ Years | +8% | 86,900 DKK |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Relationship Manager and this is what we found.
Employees with less than two years of experience earn approximately 30,600 DKK.
While someone with an experience level between two and five years is expected to earn 40,900 DKK, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 60,400 DKK, 48% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 73,700 DKK, 22% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 80,300 DKK, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 86,900 DKK, 8% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Relationship Manager / Copenhagen
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Relationship Manager.
| High School | 37,600 DKK | |
| Certificate or Diploma | +18% | 44,200 DKK |
| Bachelor's Degree | +45% | 64,000 DKK |
| Master's Degree | +31% | 83,900 DKK |
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Relationship Manager in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 37,600 DKK.
Level 2: Certificate or Diploma
At this level, the average salary becomes 44,200 DKK, 18% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 64,000 DKK, 45% more than the previous level.
Level 4: Master's Degree
At this level, the average salary becomes 83,900 DKK, 31% more than the previous level.
Is a Master's degree or an MBA worth it? Should you pursue higher education?
A Master's degree program or any post-graduate program in Denmark costs anywhere from 204,000 DKK to 612,000 DKK and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Relationship Manager / Copenhagen
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Relationship Manager in Denmark, the average difference between the salary of male and female employees is 4%.
| Male | 58,700 DKK | |
| Female | -4% | 56,300 DKK |
Salary Comparison By Gender in Denmark for all Careers
Average Annual Salary Increment Percentage / Relationship Manager / Copenhagen
How much are annual salary increments in Copenhagen for individuals working as Relationship Manager? How often do employees get salary raises?
Individuals working as Relationship Manager in Denmark are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 9% granted to employees every 15 months.
Denmark / All Professions
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency
Worldwide Salary Raises: All Countries and All Jobs
Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / Relationship Manager / Denmark
How much and how often are bonuses being awarded?
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100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from % to % of their annual salary.
| Received Bonus | % | |
| No Bonus | 100% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Average Hourly Wage / Relationship Manager / Copenhagen
340 DKK per hourThe average hourly wage (pay per hour) for individuals working as Relationship Manager in Copenhagen is 340 DKK.This is the rate they get paid for every worked hour.
About The Hourly Pay Rate
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working as Relationship Manager in Copenhagen is 160 DKK. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Sales Retail and Wholesale |  -100% | |
| Account Manager | 49,500 DKK | -16% |
| Account Officer | 26,200 DKK | -55% |
| Area Manager | 55,700 DKK | -5% |
| Area Sales Director | 85,500 DKK |  +46% |
| Area Sales Manager | 71,100 DKK | +21% |
| Assisstant Store Supervisor | 31,500 DKK | -46% |
| Assistant Department Manager | 33,200 DKK | -43% |
| Assistant Retail Store Manager | 38,500 DKK | -34% |
| Branch Manager | 54,400 DKK | -7% |
| Branch Supervisor | 44,200 DKK | -25% |
| Cashier | 16,800 DKK | -71% |
| Cashier Manager | 35,900 DKK | -39% |
| Commercial Sales Manager | 69,500 DKK | +19% |
| Conversion Rate Optimization Specialist | 61,100 DKK | +4% |
| Corporate Sales Manager | 60,200 DKK | +3% |
| Data-driven Sales Analyst | 48,500 DKK | -17% |
| Depot Manager | 51,200 DKK | -13% |
| Depot Supervisor | 43,900 DKK | -25% |
| Deputy Sales Manager | 47,500 DKK | -19% |
| Direct-to-Consumer Sales Executive | 61,400 DKK | +5% |
| Director of Sales | 85,800 DKK | +46% |
| Distribution Director | 58,200 DKK | -1% |
| District Leader | 42,700 DKK | -27% |
| District Manager | 56,600 DKK | -3% |
| District Sales Manager | 52,300 DKK | -11% |
| E-commerce Consultant | 50,700 DKK | -13% |
| External Sales Account Manager | 48,600 DKK | -17% |
| Field Sales Representative | 36,300 DKK | -38% |
| Furniture Sales Associate | 23,700 DKK | -60% |
| Global Wholesale Manager | 99,500 DKK | +70% |
| Head Cashier | 32,600 DKK | -44% |
| Head of Direct Sales | 66,700 DKK | +14% |
| Head of Retail | 64,700 DKK | +10% |
| Head Teller | 33,600 DKK | -43% |
| Inside Sales | 27,900 DKK | -52% |
| Inside Sales Account Manager | 44,600 DKK | -24% |
| Inside Sales Engineer | 30,400 DKK | -48% |
| Inside Sales Executive | 46,300 DKK | -21% |
| Inside Sales Representative | 28,800 DKK | -51% |
| Internal Sales Manager | 51,700 DKK | -12% |
| Inventory Manager | 48,500 DKK | -17% |
| Key Account Manager | 53,000 DKK | -10% |
| Medical Device Sales | 39,300 DKK | -33% |
| Medical Device Sales Representative | 40,500 DKK | -31% |
| Merchandiser | 34,300 DKK | -41% |
| Mobile App Sales Representative | 40,700 DKK | -31% |
| National Account Manager | 70,700 DKK | +21% |
| National Customer Solution Specialist | 55,500 DKK | -5% |
| National Sales Manager | 96,100 DKK | +64% |
| Omni-Channel Sales Coordinator | 42,500 DKK | -27% |
| Online Crafts Merchant | 36,600 DKK | -38% |
| Online Marketplace Manager | 55,300 DKK | -6% |
| Outside Sales Representative | 36,600 DKK | -38% |
| Parts Salesperson | 28,300 DKK | -52% |
| Personalization Strategist | 51,700 DKK | -12% |
| Project Development Manager | 54,900 DKK | -6% |
| Project Manager | 55,500 DKK | -5% |
| Project Sales Executive | 54,400 DKK | -7% |
| Purchasing and Sales Executive | 80,800 DKK | +38% |
| Quotation Engineer | 28,700 DKK | -51% |
| Regional Sales Director | 96,100 DKK | +64% |
| Regional Sales Manager | 95,200 DKK | +62% |
| Relationship Manager | 58,600 DKK | -0% |
| Retail Merchandiser | 20,400 DKK | -65% |
| Retail Operations Manager | 54,400 DKK | -7% |
| Retail Sales Associate | 39,300 DKK | -33% |
| Retail Sales Representative | 32,700 DKK | -44% |
| Retail Salesperson | 28,600 DKK | -51% |
| Retail Store Manager | 52,700 DKK | -10% |
| Retail Store Sales Person | 28,000 DKK | -52% |
| Revenue Manager | 51,700 DKK | -12% |
| Sales Account Manager | 58,900 DKK | +0% |
| Sales Admin Executive | 71,400 DKK | +22% |
| Sales Administration Manager | 66,700 DKK | +14% |
| Sales Analyst | 53,800 DKK | -8% |
| Sales Assistant | 21,300 DKK | -64% |
| Sales Associate | 28,900 DKK | -51% |
| Sales Consultant | 42,600 DKK | -27% |
| Sales Coordinator | 30,100 DKK | -49% |
| Sales Development Representative | 35,800 DKK | -39% |
| Sales Director | 84,100 DKK | +43% |
| Sales Engineer | 32,900 DKK | -44% |
| Sales Executive | 57,200 DKK | -2% |
| Sales Manager | 73,600 DKK | +26% |
| Sales Officer | 29,700 DKK | -49% |
| Sales Planner | 47,000 DKK | -20% |
| Sales Planning Analyst | 45,900 DKK | -22% |
| Sales Representative | 28,600 DKK | -51% |
| Sales Service Associate | 27,900 DKK | -52% |
| Sales Specialist | 41,600 DKK | -29% |
| Sales Supervisor | 45,200 DKK | -23% |
| Sales Support | 21,100 DKK | -64% |
| Sales Support Manager | 46,700 DKK | -20% |
| Sales Team Leader | 44,400 DKK | -24% |
| Sales Trainer | 52,000 DKK | -11% |
| Securities Sales Agent | 48,900 DKK | -17% |
| Shipper / Receiver | 20,600 DKK | -65% |
| Shop Manager | 50,000 DKK | -15% |
| Social Media Sales Manager | 64,000 DKK | +9% |
| Store Development Administrator | 37,200 DKK | -37% |
| Store Manager | 53,800 DKK | -8% |
| Subscription Box Curator | 51,000 DKK | -13% |
| Supply Chain Sustainability Manager | 54,400 DKK | -7% |
| Territory Sales Manager | 74,800 DKK | +28% |
| Territory Sales Representative | 39,100 DKK | -33% |
| Trade Marketing Officer | 47,500 DKK | -19% |
| Treasury Officer | 44,600 DKK | -24% |
| Vice President Sales | 66,500 DKK | +13% |
| Visual Merchandiser | 24,400 DKK | -58% |
| Voice Commerce Specialist | 41,600 DKK | -29% |
| Wholesale Data Analyst | 48,900 DKK | -17% |
| Wholesale Inventory Manager | 57,600 DKK | -2% |
| Wholesale Marketing Manager | 63,300 DKK | +8% |
| Wholesale Operations Manager | 74,100 DKK | +26% |
| Wholesale Sales Representative | 43,200 DKK | -26% |
Salary Comparison By City
| City | Average Salary |
| Copenhagen | 58,600 DKK |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Denmark is 6% on average across all career fields.
| Private Sector | 39,700 DKK | |
| Public Sector | +6% | 42,000 DKK |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Relationship Manager in Copenhagen?
A good and competitive compensation would range anywhere between 56,000 DKK and 64,500 DKK. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for a careers like Relationship Manager in Copenhagen ranges from 27,000 DKK to 45,200 DKK. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
