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Banking

Salary for position Division Manager in Bosnia and Herzegovina

Net monthly salary for Bosnia and Herzegovina is
An employee's salary is influenced by several factors, primarily the region in which they work, length of experience, company size, and more.
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80% of people earn:
1,337 - 3,778 USD
10% earn less lthan 1,337 USD
10% earns more than 3,778 USD
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Salaries in the survey are expressed in net.

Based on the Plata.ba salary survey, 80% of people on the Division Manager position in the Bosnia and Herzegovina earn between 1,337 USD and 3,778 USD monthly net.

10% of employees earn less than 1,337 USD and 10% of people earn more than 3,778 USD.

The survey is based on data from employees, cleaned of extreme and duplicate values. By taking a free, anonymous survey, you will get a more accurate salary comparison with other people working in the same position as you.
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What kind of work does Division Manager typically do

  • Overseeing the strategic direction and operational management of the division.
  • Developing and implementing policies, procedures, and best practices to enhance efficiency and effectiveness.
  • Leading a team of professionals, providing guidance, support, and performance evaluations to ensure high levels of productivity and morale.
  • Collaborating with senior management to align division goals with overall organizational objectives.
  • Analyzing market trends and financial data to identify opportunities for growth and improvement.
  • Establishing and maintaining relationships with key stakeholders, including clients, regulators, and industry partners.
  • Ensuring compliance with all regulatory requirements and internal policies.
  • Preparing and presenting reports on division performance to senior management and the board of directors.
  • Managing the division's budget, forecasting financial performance, and controlling costs.
  • Promoting a culture of continuous improvement and innovation within the division.

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The most common career path of an employee

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Position Division Manager in the labour market

In the salary ranking,
the job position takes

8. place

Women representation in position

49%

Average age of respondent by position

42

480. place

Fabric Cutter

Textile, Leather, Apparel Industry

Salary group 1

624 - 804 USD

9. place

Personnel Manager

Top Management

Salary group 2

1,325 - 3,634 USD

8. place

Division Manager

Banking

Salary group 2

1,337 - 3,778 USD

7. place

Plant manager

Top Management

Salary group 2

985 - 4,523 USD

1. place

Country Manager/Director

Top Management

Salary group 3

1,681 - 4,652 USD

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Data for salary decisions
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What does a salary report contain?
  • Salary for the position by region, education, experience, company size, age
  • Distribution of respondents into wage bands
  • Salary range from 1st to 9th decile
  • A breakdown of all monitored non-financial benefits
  • Analysis of financial benefits
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Frequently asked Questions

Frequently asked questions and answers about the salary for the position Division Manager.

The total gross salary for the position Division Manager ranges between 1,884 USD and 10,385 USD per month. For an accurate comparison, we recommend checking your salary through the questionnaire on Plata.ba to get a more precise view of the salary, considering the region where you work.

The highest-earning employees in the position Division Manager have a total gross salary of at least 3,778 USD per month.

10% of the highest-earning employees in this position have a total gross salary higher than 3,778 USD per month, and 10% of the lowest-earning employees in this position have a total gross salary lower than 1,337 USD per month. By participating in our salary survey, you will get an accurate comparison of your salary with the market average, considering the region where you work.

After working for 5 years, the position Division Manager earns 2,560 USD per month gross.

You need to be well prepared for salary negotiations. During salary negotiation, we recommend focusing on the following aspects:
  • find out the current market value of the position – on Plata.ba you can check it for free and anonymously
  • highlight your experience and achievements – it is good to time the salary discussion well
  • expanded responsibilities – if you work beyond your role and assigned duties
  • prepare alternatives – if a salary increase is not possible, there are other options (bonuses, extra vacation, etc.)

The salary data comes from a pay survey where everyone can anonymously compare their salary with other employees working in the same position. We clean and process this data according to our methodology. For the position Division Manager, we currently have 94 verified respondents collected.