Chairman of the Board, without chief hierarchy salary

Salary and Work as a Chairman of the Board without Hierarchy

Working as a chairman of the board without hierarchy, often classified as part of the professional group "other economists," entails a great responsibility and a demand for strategic thinking. The average salary for this professional group is 53 200 SEK per month. However, there is a clear gender pay gap where men earn 58600 SEK while women earn 49 900 SEK, meaning that women earn 86% of what men do. Since last year, the average salary has increased from 52 700 SEK to 53 200 SEK.

Job Responsibilities

As a chairman of the board, one primarily works on leading board meetings, ensuring that the board's decisions are implemented, and that the company complies with laws and regulations. The role also entails acting as a link between the board and the company's management. One must have a good understanding of the company's business strategy and be able to make well-founded decisions that benefit the company's long-term goals.

Salary Range

The highest salaries in the profession can reach up to 63,300 SEK per month, while the lowest salaries are around 39,300 SEK. The highest salary belongs to a man who is a privately employed executive with a post-secondary education of three years or more. For women in the same profession, the highest salary is 53,100 SEK. The lowest salary for a woman is 39,300 SEK, which applies to a privately employed worker with pre-secondary education. For men, the lowest salary is 44,000 SEK.

Education and Experience

To work as a chairman of the board, a post-secondary education in economics, law, or similar fields is often required. Experience in leadership and strategic work is also highly valuable. Many in this position have previously worked as CFOs, business developers, or CEOs.

Job Opportunities

According to the labor market forecasts, the job opportunities for business economists, including chairmen of the board, are moderate. Over a five-year period, the demand is expected to remain unchanged, and the recruitment situation is assessed to be balanced.

Benefits

Benefits may vary depending on the employer, but it is not uncommon for chairmen of the board to have access to paid training, company cars, and other benefits that can facilitate their work. Mobile phones and computers are often included as standard.

Tips for Success

To succeed as a chairman of the board, one needs to be skilled in communication and negotiation. It is also important to have a strong analytical ability and to see the bigger picture of the company's operations. Being updated on current laws and regulations in business economics and leadership is also a significant advantage.