5. Ottmar Hitzfeld
Annual salary: €2.63m
The 65-year-old German is perhaps a surprise inclusion in the list of highest paid coaches given that he is in charge of a relative minnow in the world of international football.
But, when you consider Hitzfeld's triumphs as a manager, it then becomes clear that he is worth every penny. With a total of 18 major titles, he is one of the most successful managers of all-time, and has done a solid job in charge of Switzerland, a role he has held since 2008.
Hitzfeld has already announced his intention to retire at the end of the World Cup in Brazil this summer.