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Chairman of The Board Average Salary in Oslo 2024

How much money does a person working as Chairman of The Board make in Oslo?


Average Yearly Salary
1,430,000 NOK
( 119,000 NOK monthly)

LOW
659,000
NOK
AVERAGE
1,430,000
NOK
HIGH
2,280,000
NOK
All salary figures displayed here are per year except when noted otherwise.
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.

A person working as Chairman of The Board in Oslo typically earns around 1,430,000 NOK. Salaries range from 659,000 NOK (lowest) to 2,280,000 NOK (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Chairman of The Board salaries in Oslo vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Chairman of The Board Pay Scale and Salaries in Oslo

Median and salary distribution Oslo Chairman of The Board yearly
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Salary Structure and Pay Scale Comparison

5% of people earn
1,360,000 NOK or more
10% of people earn
1,190,000 to 1,360,000 NOK
20% of people earn
820,000 NOK or less
65% of people earn
820,000 to 1,190,000 NOK
Minimum Salary
659,000
NOK
Median
1,370,000
NOK
Maximum
2,280,000
NOK




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per year except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Chairman of The Board in Oslo range from 659,000 NOK (starting salary) to 2,280,000 NOK (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 1,370,000 NOK, half of the professionals who work as Chairman of The Board in Oslo 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 Chairman of The Board in Oslo earn less than 1,100,000 NOK, while 75% earn more. Similarly, the chart shows that 75% earn less than 1,580,000 NOK 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 Chairman of The Board in Oslo compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 820,000 NOK to 1,190,000 NOK. About 20% of salaries are below the 820,000 NOK mark, while 10% fall within the range of 1,190,000 NOK to 1,360,000 NOK. Only 5% of individuals have salaries exceeding 1,360,000 NOK.

Salary Comparison by Years of Experience / Chairman of The Board / Oslo

How do experience and age affect pay?

0 - 2 Years
748,000 NOK
2 - 5 Years+34%
999,000 NOK
5 - 10 Years+48%
1,480,000 NOK
10 - 15 Years+22%
1,800,000 NOK
15 - 20 Years+9%
1,960,000 NOK
20+ Years+8%
2,120,000 NOK
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience yearly Oslo Chairman of The Board
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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 Chairman of The Board and this is what we found.


All salary figures displayed here are per year except when noted otherwise.

Employees with less than two years of experience earn approximately 748,000 NOK.

While someone with an experience level between two and five years is expected to earn 999,000 NOK, 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 1,480,000 NOK, 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 1,800,000 NOK, 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 1,960,000 NOK, 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 2,120,000 NOK, 8% more than people with fifteen to twenty years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Chairman of The Board / Oslo

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Chairman of The Board.

High School
675,000 NOK
Certificate or Diploma+24%
837,000 NOK
Bachelor's Degree+39%
1,160,000 NOK
Master's Degree+63%
1,890,000 NOK
PhD+20%
2,260,000 NOK
Percentage increase and decrease are relative to the previous value
Salary comparison by education level yearly Oslo Chairman of The Board
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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 Chairman of The Board in order to make a comparison.


Level 1: High School

Employees at this education level have an average salary of 675,000 NOK.


Level 2: Certificate or Diploma

At this level, the average salary becomes 837,000 NOK, 24% more than the previous level.


Level 3: Bachelor's Degree

At this level, the average salary becomes 1,160,000 NOK, 39% more than the previous level.


Level 4: Master's Degree

At this level, the average salary becomes 1,890,000 NOK, 63% more than the previous level.


Level 5: PhD

At this level, the average salary becomes 2,260,000 NOK, 20% 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 Norway costs anywhere from 256,000 NOK to 768,000 NOK 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 Comparison By Education Level
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Salary and Compensation Comparison By Gender / Chairman of The Board / Oslo

Salary comparison by gender Norway Chairman of The Board yearly
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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 Chairman of The Board in Norway, the average difference between the salary of male and female employees is 4%.

Male
1,390,000 NOK
Female-4%
1,330,000 NOK
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Norway for all Careers

Salary comparison by gender yearly Norway
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Average Annual Salary Increment Percentage / Chairman of The Board / Oslo

How much are annual salary increments in Oslo for individuals working as Chairman of The Board? How often do employees get salary raises?

Individuals working as Chairman of The Board in Norway 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.

Annual Salary Increment Rate Norway Chairman of The Board
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Norway / All Professions

Annual Salary Increment Rate Norway
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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

The average salary increase in one year (12 months) in Norway is 7%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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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 / Chairman of The Board / Norway

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Norway Chairman of The Board
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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 Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, 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 Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These 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 GeneratorsSupporting 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:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


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.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

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 / Chairman of The Board / Oslo


690 NOK per hour

The average hourly wage (pay per hour) for individuals working as Chairman of The Board in Oslo is 690 NOK.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

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 Chairman of The Board in Oslo is 320 NOK. 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 TitleAverage Salary
Executive and Management-100%
Account Coordinator616,000 NOK-57%
Account Director731,000 NOK-49%
Account Executive750,000 NOK-48%
Account Manager736,000 NOK-49%
Administration Manager722,000 NOK-50%
Administration Officer390,000 NOK-73%
Administration Supervisor619,000 NOK-57%
Administrative Clerk287,000 NOK-80%
Administrative Officer301,000 NOK-79%
Area Director697,000 NOK-51%
Area Manager665,000 NOK-54%
Asset Protection Associate841,000 NOK-41%
Assistant Director774,000 NOK-46%
Assistant General Manager809,000 NOK-44%
Assistant Manager778,000 NOK-46%
Assistant Managing Director891,000 NOK-38%
Assistant Operations Manager896,000 NOK-37%
Assistant Project Manager805,000 NOK-44%
Assistant Section Head622,000 NOK-57%
Assistant to CEO752,000 NOK-47%
Assistant Vice President805,000 NOK-44%
Associate Account Director745,000 NOK-48%
Associate Director754,000 NOK-47%
Bid Manager895,000 NOK-38%
Branch Manager817,000 NOK-43%
Business Development Manager966,000 NOK-33%
Business Operations Associate791,000 NOK-45%
Business Operations Lead827,000 NOK-42%
Campaign Manager834,000 NOK-42%
Catering Coordinator480,000 NOK-66%
Catering Manager778,000 NOK-46%
CEO1,460,000 NOK+2%
Chairman of The Board1,430,000 NOK-0%
Chairman Office Manager954,000 NOK-33%
Chief Commercial Officer1,080,000 NOK-25%
Chief Corporate Officer1,230,000 NOK-14%
Chief Digital Officer1,080,000 NOK-25%
Chief Digital Strategy Officer1,010,000 NOK-29%
Chief Digital Transformation Officer958,000 NOK-33%
Chief Ethics Officer897,000 NOK-37%
Chief Executive Officer1,450,000 NOK+1%
Chief Financial Officer1,410,000 NOK-2%
Chief Investment Officer1,090,000 NOK-24%
Chief of Staff704,000 NOK-51%
Chief Operating Officer1,100,000 NOK-23%
Chief Privacy Officer903,000 NOK-37%
Chief Resilience Officer1,100,000 NOK-23%
Chief Risk Officer959,000 NOK-33%
Chief Strategy Officer1,280,000 NOK-11%
Chief Trust and Safety Officer908,000 NOK-37%
Client Account Manager903,000 NOK-37%
Client Accounts Officer772,000 NOK-46%
Client Services Manager949,000 NOK-34%
Commercial Director1,040,000 NOK-27%
Commercial Manager870,000 NOK-39%
Commercial Project Manager804,000 NOK-44%
Commodity Broker598,000 NOK-58%
COO1,110,000 NOK-22%
Corporate Affairs Executive915,000 NOK-36%
Corporate Compliance Director969,000 NOK-32%
Corporate Director1,030,000 NOK-28%
Corporate Officer705,000 NOK-51%
Corporate Partnerships Officer682,000 NOK-52%
Country Manager1,150,000 NOK-20%
Department Head884,000 NOK-38%
Department Manager897,000 NOK-37%
Department Supervisor785,000 NOK-45%
Deputy Director1,080,000 NOK-25%
Deputy Manager1,060,000 NOK-26%
Director1,160,000 NOK-19%
Director of Accreditation1,030,000 NOK-28%
Director of Catering Services847,000 NOK-41%
Director of Client Services909,000 NOK-37%
Director of Facilities Management788,000 NOK-45%
Director of Operations1,030,000 NOK-28%
Director of Process Simplification748,000 NOK-48%
Director of Product Management1,020,000 NOK-29%
Director of Project Management1,070,000 NOK-25%
Director of Revenue Management913,000 NOK-36%
Director of Training and Development951,000 NOK-34%
Distribution Manager1,030,000 NOK-28%
Division Manager906,000 NOK-37%
Duty Manager885,000 NOK-38%
Engagement Manager1,060,000 NOK-26%
Executive Director1,500,000 NOK+5%
Executive Manager1,240,000 NOK-13%
Franchise Manager1,200,000 NOK-16%
General Manager1,210,000 NOK-16%
Generational Consultant776,000 NOK-46%
Global Master Data Manager1,030,000 NOK-28%
Global Technical Lead715,000 NOK-50%
Head of Investment1,040,000 NOK-27%
Head of Middle Office923,000 NOK-36%
Head of Projects1,020,000 NOK-29%
Head of Strategy1,070,000 NOK-25%
Head of Supply Chain886,000 NOK-38%
Head of Sustainability825,000 NOK-42%
Housing Manager803,000 NOK-44%
HSE Manager789,000 NOK-45%
Innovation Manager830,000 NOK-42%
Key Account Manager790,000 NOK-45%
Knowledge Manager968,000 NOK-32%
Location Manager909,000 NOK-37%
Logistics Executive798,000 NOK-44%
Logistics Manager780,000 NOK-46%
Management Consultant751,000 NOK-48%
Management Executive1,030,000 NOK-28%
Manager966,000 NOK-33%
Managing Director1,150,000 NOK-20%
MIS Executive958,000 NOK-33%
Ocean Services Manager996,000 NOK-30%
Online Business Manager1,370,000 NOK-4%
Operational Manager1,030,000 NOK-28%
Operations Analyst882,000 NOK-38%
Operations Assistant751,000 NOK-48%
Operations Director1,060,000 NOK-26%
Operations Executive1,030,000 NOK-28%
Operations Manager1,090,000 NOK-24%
Operations Supervisor899,000 NOK-37%
Planning Director1,030,000 NOK-28%
PMO Manager935,000 NOK-35%
Policy Administration Executive875,000 NOK-39%
Private Sector Executive904,000 NOK-37%
Product Development Manager950,000 NOK-34%
Product Executive904,000 NOK-37%
Production Executive998,000 NOK-30%
Production Manager1,050,000 NOK-27%
Production Supervisor818,000 NOK-43%
Program Director1,040,000 NOK-27%
Program Manager1,010,000 NOK-29%
Programme Coordinator705,000 NOK-51%
Project Control Manager1,010,000 NOK-29%
Project Coordinator613,000 NOK-57%
Project Management Officer700,000 NOK-51%
Project Manager753,000 NOK-47%
Project Portfolio Manager802,000 NOK-44%
Quality Manager823,000 NOK-43%
R/D Director893,000 NOK-38%
Regional Director1,420,000 NOK-1%
Regional Manager1,000,000 NOK-30%
Relationship Manager939,000 NOK-34%
Retail District Manager698,000 NOK-51%
Revenue Manager759,000 NOK-47%
Risk and Capital Manager1,160,000 NOK-19%
Risk Officer715,000 NOK-50%
Safety Manager769,000 NOK-46%
Section Head795,000 NOK-44%
Service Manager771,000 NOK-46%
Shift Supervisor597,000 NOK-58%
Solutions Manager715,000 NOK-50%
Supervisor592,000 NOK-59%
Supply Chain Manager1,010,000 NOK-29%
Surveyor719,000 NOK-50%
Technical Director973,000 NOK-32%
Technical Manager956,000 NOK-33%
Territory Manager982,000 NOK-31%
Validation Manager803,000 NOK-44%
Vice President1,180,000 NOK-18%
Zone Manager1,030,000 NOK-28%

Salary Comparison By City

CityAverage Salary
Oslo1,430,000 NOK

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 Norway is 5% on average across all career fields.

Private Sector
598,000 NOK
Public Sector+5%
631,000 NOK
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Chairman of The Board in Oslo?

A good and competitive compensation would range anywhere between 1,370,000 NOK and 1,580,000 NOK. 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 Chairman of The Board in Oslo ranges from 659,000 NOK to 1,100,000 NOK. 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


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