- Salary statistics
- Chairman of the Board, without chief hierarchy
Chairman of the Board, without chief hierarchy
41 400 - 66 000 kr / month
Women earn 86% of what men do.
Administration, ekonomi
Salary progression Chairman of the Board, without chief hierarchy
What does a chairman of the board in finance do – tasks and work environment
A chairman of the board in finance without a managerial hierarchy plays a central role in leading and coordinating the board's work in companies or organizations. Responsibilities include setting agendas, preparing and leading board meetings, ensuring decisions are made according to regulations, and following up on the organization's goals and strategies. The role often involves close collaboration with the CEO and other board members but without holding a formal managerial position over operational staff. The work environment is typically office-based, characterized by a fast pace, many contacts, and demands for accuracy and integrity.
Salary development over time
The salary for a chairman of the board in finance has increased positively over the past three years. In 2022, the average salary was 52,700 SEK per month, which then increased to 53 200 SEK in 2023. In 2024, the salary continued upward to 56 900 SEK, representing a total increase of just over 8% during the period. This development reflects an increased demand for qualified board work and greater expectations for responsibility and expertise in finance and corporate governance. The salary trend indicates that the role is becoming increasingly valued, especially as board work professionalizes and demands for transparency and sustainability grow.
Chairman of the board in finance salary – comprehensive overview
- Average salary: 56 900 SEK/month
- Lowest salary: 41,400 SEK/month (female, private employee, pre-secondary education)
- Highest salary: 66,000 SEK/month (male, private employee, secondary education)
- Hourly wage (average): 342 SEK
- Gender differences: Men 61 800 SEK, women 53 300 SEK (women 86% of men's salary)
- Regional differences: Data unavailable
Education and qualifications
To work as a chairman of the board in finance, an academic degree in economics, law, or business administration is usually required, often supplemented with several years of experience in leadership roles. Formal board training and certifications are advantageous, as is experience in strategic work and a good understanding of corporate governance and legislation. Additionally, networks and previous board assignments are highly valued in recruitment.
- Bachelor's or master's degree in economics (3–5 years)
- Board training/certification (1–2 years or shorter courses)
- Several years of experience in leadership roles within economics or business
- Knowledge of corporate law, finance, and strategy
- Strong networks and good references
Many chairmen of the board are recruited through professional networks rather than open advertisements. Building and maintaining relationships within the business community can therefore be crucial for reaching this position.
Common benefits and compensation
Chairmen of the board in finance are often offered benefits such as pension schemes, wellness allowances, and insurance. In some cases, bonuses, consulting fees, or stock options linked to company performance are also included. Compensation levels vary depending on the company's size and sector.
Competition and challenges
Competition for assignments as a chairman of the board in finance is significant, as the position requires extensive experience and trust from the company's owners and other board members. Challenges include balancing strategic responsibility with independence, and handling complex issues related to corporate governance, sustainability, and financial reporting. The role often involves work outside regular hours, and decisions must be made under time pressure. The ability to navigate changing business environments and manage conflicts of interest is crucial for success in the profession.
Tips for those aspiring to become a chairman of the board in finance
To succeed as a chairman of the board in finance, it is good to combine analytical ability with long-term thinking and a high degree of integrity. Building a strong professional network early and actively seeking experience in leadership roles, preferably across different industries, is recommended. Continual education in corporate governance and finance increases the chances of being considered for board positions. The ability to communicate clearly and build trust with stakeholders is essential, as is being solution-oriented and capable of driving change. Self-awareness and humility regarding complex issues make it easier to navigate the boardroom, while drive and results-orientedness are often valued in recruitment processes.
Key facts about a chairman of the board in finance
- Average salary: 56 900 SEK/month
- Gender pay gap: Women earn 86% of men's salary
- Lowest/highest salary: 41,400–66,000 SEK/month
- Educational level: Often academic degree + board training
- Number of job openings in the profession: 758
Career paths and future prospects
After three to five years as a chairman of the board in finance, it is common to take on roles in larger companies or publicly listed firms. Some continue with international board assignments or combine the role with consulting and advisory work. Forecasts from the Employment Service indicate that job opportunities for other finance professionals are moderate, and demand for expertise is expected to remain unchanged over the next five years. The recruitment situation is characterized by balance, meaning competition for the most attractive assignments remains high but stable.
Frequently asked questions about a chairman of the board in finance
- What is the salary of a chairman of the board in finance?
- The average salary is 56 900 SEK per month, with a range between 41,400 and 66,000 SEK. - What education is required to become a chairman of the board?
- Often, an academic degree in economics or law, along with experience in leadership roles, is required. - Are there salary differences between men and women?
- Yes, women earn 86% of what men do in the profession. - What is the job market like for chairmen of the board?
- Opportunities are considered moderate, and demand is expected to remain unchanged in the coming years. - What benefits are usually included?
- Pension schemes, wellness allowances, insurance, and sometimes bonuses or stock options are common benefits. - How does one obtain a board position?
- Most are recruited through networks and previous experience rather than open advertisements. - What qualities are important in this role?
- Analytical ability, integrity, communication skills, and strategic thinking are central qualities.
Salary distributed by age and sector
| Age | Base salary | Monthly salary | |
|---|---|---|---|
| 25-34 | 52300 kr | 53500 kr | |
| 35-44 | 84% | 58600 kr | 59300 kr |
| 45-54 | 84% | 61700 kr | 62900 kr |
| 55-64 | 89% | 53000 kr | 53800 kr |
| Snitt | 86% | 55900 kr | 56900 kr |
| Age | Base salary | Monthly salary | |
|---|---|---|---|
| 18-24 | 35700 kr | 35700 kr | |
| 25-34 | 93% | 40000 kr | 40300 kr |
| 35-44 | 96% | 45200 kr | 45500 kr |
| 45-54 | 97% | 49000 kr | 49000 kr |
| 55-64 | 92% | 49300 kr | 49300 kr |
| 65-68 | 102% | 48200 kr | 48200 kr |
| Snitt | 95% | 46900 kr | 47100 kr |
| Age | Base salary | Monthly salary | |
|---|---|---|---|
| 18-24 | 35700 kr | 35700 kr | |
| 25-34 | 93% | 40000 kr | 40300 kr |
| 35-44 | 96% | 45200 kr | 45500 kr |
| 45-54 | 97% | 49000 kr | 49000 kr |
| 55-64 | 92% | 49300 kr | 49300 kr |
| 65-68 | 102% | 48200 kr | 48200 kr |
| Snitt | 95% | 46900 kr | 47100 kr |
| Age | Base salary | Monthly salary | |
|---|---|---|---|
| 25-34 | 52900 kr | 54100 kr | |
| 35-44 | 84% | 59700 kr | 60400 kr |
| 45-54 | 83% | 63500 kr | 64900 kr |
| 55-64 | 89% | 53400 kr | 54400 kr |
| Snitt | 86% | 56700 kr | 57800 kr |
| Age | Base salary | Monthly salary | |
|---|---|---|---|
| 25-34 | 52900 kr | 54100 kr | |
| 35-44 | 84% | 59700 kr | 60400 kr |
| 45-54 | 83% | 63500 kr | 64900 kr |
| 55-64 | 89% | 53400 kr | 54400 kr |
| Snitt | 86% | 56700 kr | 57800 kr |
| Age | Base salary | Monthly salary | |
|---|---|---|---|
| 25-34 | 57500 kr | 0 kr | |
| 35-44 | 84% | 64200 kr | 64900 kr |
| 45-54 | 84% | 68500 kr | 70800 kr |
| 55-64 | 89% | 56700 kr | 57900 kr |
| Snitt | 86% | 60300 kr | 61800 kr |
| Age | Base salary | Monthly salary | |
|---|---|---|---|
| 25-34 | 93% | 41800 kr | 42500 kr |
| 35-44 | 96% | 46500 kr | 46800 kr |
| 45-54 | 97% | 50100 kr | 50100 kr |
| 55-64 | 92% | 52300 kr | 52300 kr |
| 65-68 | 102% | 47500 kr | 47500 kr |
| Snitt | 95% | 48600 kr | 48800 kr |
| Age | Base salary | Monthly salary | |
|---|---|---|---|
| 25-34 | 93% | 41800 kr | 42500 kr |
| 35-44 | 96% | 46500 kr | 46800 kr |
| 45-54 | 97% | 50100 kr | 50100 kr |
| 55-64 | 92% | 52300 kr | 52300 kr |
| 65-68 | 102% | 47500 kr | 47500 kr |
| Snitt | 95% | 48600 kr | 48800 kr |
| Age | Base salary | Monthly salary | |
|---|---|---|---|
| 25-34 | 57800 kr | 0 kr | |
| 35-44 | 84% | 65100 kr | 65900 kr |
| 45-54 | 83% | 71000 kr | 73500 kr |
| 55-64 | 89% | 57000 kr | 58300 kr |
| Snitt | 86% | 61000 kr | 62600 kr |
| Age | Base salary | Monthly salary | |
|---|---|---|---|
| 25-34 | 57800 kr | 0 kr | |
| 35-44 | 84% | 65100 kr | 65900 kr |
| 45-54 | 83% | 71000 kr | 73500 kr |
| 55-64 | 89% | 57000 kr | 58300 kr |
| Snitt | 86% | 61000 kr | 62600 kr |
| Age | Base salary | Monthly salary | |
|---|---|---|---|
| 25-34 | 47400 kr | 47800 kr | |
| 35-44 | 84% | 53800 kr | 54400 kr |
| 45-54 | 84% | 58900 kr | 59600 kr |
| 55-64 | 89% | 50500 kr | 51200 kr |
| Snitt | 86% | 52700 kr | 53300 kr |
| Age | Base salary | Monthly salary | |
|---|---|---|---|
| 25-34 | 93% | 39300 kr | 39500 kr |
| 35-44 | 96% | 44700 kr | 45000 kr |
| 45-54 | 97% | 48600 kr | 48600 kr |
| 55-64 | 92% | 48200 kr | 48200 kr |
| 65-68 | 102% | 48700 kr | 48700 kr |
| Snitt | 95% | 46300 kr | 46400 kr |
| Age | Base salary | Monthly salary | |
|---|---|---|---|
| 25-34 | 93% | 39300 kr | 39500 kr |
| 35-44 | 96% | 44700 kr | 45000 kr |
| 45-54 | 97% | 48600 kr | 48600 kr |
| 55-64 | 92% | 48200 kr | 48200 kr |
| 65-68 | 102% | 48700 kr | 48700 kr |
| Snitt | 95% | 46300 kr | 46400 kr |
| Age | Base salary | Monthly salary | |
|---|---|---|---|
| 25-34 | 47900 kr | 48300 kr | |
| 35-44 | 84% | 54800 kr | 55400 kr |
| 45-54 | 83% | 60400 kr | 61200 kr |
| 55-64 | 89% | 50900 kr | 51700 kr |
| Snitt | 86% | 53500 kr | 54100 kr |
| Age | Base salary | Monthly salary | |
|---|---|---|---|
| 25-34 | 47900 kr | 48300 kr | |
| 35-44 | 84% | 54800 kr | 55400 kr |
| 45-54 | 83% | 60400 kr | 61200 kr |
| 55-64 | 89% | 50900 kr | 51700 kr |
| Snitt | 86% | 53500 kr | 54100 kr |
About the data
All information displayed on this page is based on data from the Swedish Central Bureau of Statistics (SCB), the Swedish Tax Agency and the Swedish employment agency. Learn more about our data and data sources here.
All figures are gross salaries, meaning salaries before tax. The average salary, or mean salary, is calculated by adding up the total salary for all individuals within the profession and dividing it by the number of individuals. For specific job categories, we have also considered various criteria such as experience and education.
Profession Chairman of the Board, without chief hierarchy has the SSYK code 2419, which we use to match against the SCB database to obtain the latest salary statistics.
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