Discount Brokerage Department Manager

16 591 414 Ft (HUF)/yr

7 976,64 Ft (HUF)/hr

1 357 178 Ft (HUF)/yr

The average discount brokerage department manager gross salary in Hungary is 16 591 414 Ft or an equivalent hourly rate of 7 977 Ft. In addition, they earn an average bonus of 1 357 178 Ft. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Hungary. An entry level discount brokerage department manager (1-3 years of experience) earns an average salary of 12 152 402 Ft. On the other end, a senior level discount brokerage department manager (8+ years of experience) earns an average salary of 20 332 878 Ft.

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ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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24 234 109 Ft (HUF)

46 %

Based on our compensation data, the estimated salary potential for Discount Brokerage Department Manager will increase 46 % over 5 years.

This chart displays the highest level of education for:
Discount Brokerage Department Manager, the majority at 46% with bachelors.

Typical Field of Study: Finance

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Hungary

Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.

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Hungary is a landlocked country in Central Europe. Spanning 93,030 square kilometres (35,920 sq mi) of the Carpathian Basin, it is bordered by Slovakia to the north, Ukraine to the northeast, Romania to the east and southeast, Serbia to the south, Croatia and Slovenia to the southwest, and Austria to the west. Hungary has a population of 9.6 million, mostly ethnic Hungarians and a significant Romani minority. Hungarian, a language belonging to the Ugric branch of the Uralic language family is the...

Sourced from Wikipedia
Directs and coordinates activities concerned with buying or selling investment products and financial services, such as securities, insurance, and real estate, for clients of brokerage firm: screens, selects, and hires registered representatives and other employees. Directs inservice training to improve client services and increase sales volume. Develops and implements plans to ensure compliance of workers with established programs, procedures, and... practices. Establishes internal control procedures to control margin accounts, short sales, and options and to reduce office errors and client complaints. Reviews recapitulation of daily transactions to ensure accordance with rules and regulations of government agencies, regulatory bodies, and securities exchanges. Analyzes operations to determine areas where cost reductions could be implemented or program improvements initiated. Evaluates profitability of gross sales and transactions. Conducts staff meetings of personnel to discuss changes in policy, redirection of sales emphasis to other programs, or to propose methods and procedures to increase firm's share of local market and trade volume. Explains firm's research and customer service facilities and how use of facilities can promote customer relations and sales. Prepares activity reports for evaluation by management. May be required to have securities agent license. May be required to have experience in certain type of brokerage office managed, such as full-service brokerage office, discount brokerage office, or full-service/discount brokerage office. Read More

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Disclaimer

This page is a promotion for SalaryExpert’s Assessor Platform and is not intended for professional use.

Professionals should subscribe to SalaryExpert’s Assessor Platform.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

Do you work in HR or Compensation?
Try our professional compensation software to generate detailed salary and cost of living reports.
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