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Average Salary in Luxembourg 2020

How much money does a person working in Luxembourg make?


Average Monthly Salary
15,200 EUR
( 182,000 EUR yearly)

LOW
2,060
EUR
AVERAGE
15,200
EUR
HIGH
67,300
EUR

A person working in Luxembourg typically earns around 15,200 EUR per month. Salaries range from 2,060 EUR (lowest average) to 67,300 EUR (highest average, actual maximum salary is higher).

This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Distribution of Salaries in Luxembourg

Median and salary distribution monthly Luxembourg
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The median, the maximum, the minimum, and the range

  • Salary Range

    Salaries in Luxembourg range from 2,060 EUR per month (minimum salary) to 67,300 EUR per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 16,100 EUR per month, which means that half (50%) of the population are earning less than 16,100 EUR while the other half are earning more than 16,100 EUR. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of the population are earning less than 8,170 EUR while 75% of them are earning more than 8,170 EUR. Also from the diagram, 75% of the population are earning less than 44,200 EUR while 25% are earning more than 44,200 EUR.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.

Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.


Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.

As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.


Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.

Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma.

Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.

Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.


Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Luxembourg costs anywhere from 76,000 Euro(s) to 228,000 Euro(s) and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.



Salary Comparison By Gender

Salary comparison by gender monthly Luxembourg
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees in Luxembourg earn 5% more than their female counterparts.

Female
14,800 EUR
Male+5%
15,600 EUR
Percentage increase and decrease are relative to the previous value

Government vs Private Sector Salary Comparison

Public vs private sector salaries monthly Luxembourg
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Where can you get paid more, working for a private company or for the government? Public sector employees in Luxembourg earn 6% more than their private sector counterparts.

Private Sector
14,800 EUR
Public Sector+6%
15,700 EUR
Percentage increase and decrease are relative to the previous value

Salary Trend and Forecast in Luxembourg

How are Luxembourg salaries changing over time? The chart below shows the average salary change in the past few years.

Salary trends and forecast monthly Luxembourg
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Average Salary 2016
13,400 EUR
Average Salary 2017+4%
13,900 EUR
Average Salary 2018+3%
14,300 EUR
Average Salary 2019+3%
14,800 EUR
Percentage increase and decrease are relative to the previous value

Salaries in Luxembourg are on the rise in the year 2020 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 3% higher than those of 2018. The trend suggests a slow yet continuous increase in pay in 2021 and future years. These numbers may vary from industry to another.

Salaries for popular jobs

Job TitleAverage Salary
Accounting and Finance
Accountant10,400 EUR
Accounting Assistant10,200 EUR
Accounting Manager19,600 EUR
Bookkeeper8,050 EUR
Chartered Accountant12,600 EUR
Corporate Treasurer26,200 EUR
Financial Analyst15,500 EUR
Financial Manager31,400 EUR
Internal Auditor14,900 EUR

Administration / Reception / Secretarial
Administrative Assistant7,850 EUR
Office Manager10,500 EUR
Receptionist10,800 EUR
Secretary8,240 EUR

Advertising / Grapic Design / Events
Art Director15,000 EUR
Creative Director15,100 EUR
Graphic Designer10,500 EUR
Photographer9,830 EUR

Airlines / Aviation / Aerospace / Defense
Aerospace Engineer16,700 EUR
Air Traffic Controller15,900 EUR
Flight Attendant13,600 EUR
Pilot17,300 EUR

Architecture
Architect13,800 EUR
CAD Drafter11,500 EUR

Automotive
Mechanic7,850 EUR
Service Advisor12,400 EUR

Banking
Bank Branch Manager21,700 EUR
Teller10,400 EUR

Bilingual
Teacher12,000 EUR
Translator12,600 EUR

Business Planning
Business Analyst18,700 EUR
Business Development Manager22,400 EUR
Project Manager17,300 EUR

Care Giving and Child Care
Nanny9,780 EUR
Nursery Teacher10,400 EUR

Construction / Building / Installation
Civil Engineer13,100 EUR
Construction Project Manager17,600 EUR
Health and Safety Officer9,290 EUR

Customer Service and Call Center
Call Center Representative10,000 EUR
Customer Service Manager19,600 EUR
Customer Service Representative10,700 EUR

Engineering
Electrical Engineer15,300 EUR
Engineer13,500 EUR
Mechanical Engineer14,200 EUR

Executive and Management
Chief Executive Officer33,600 EUR
Chief Financial Officer30,000 EUR
General Manager26,200 EUR

Food / Hospitality / Tourism / Catering
Chef12,500 EUR
Executive Chef12,700 EUR
Hotel Manager22,100 EUR
Travel Agent11,800 EUR
Waiter / Waitress8,970 EUR

Health and Medical
Dentist34,600 EUR
Dietitian34,500 EUR
Laboratory Technician10,900 EUR
Nurse11,800 EUR

Human Resources
Human Resources Manager21,600 EUR
Human Resources Officer12,800 EUR

Information Technology
Computer Technician11,400 EUR
Database Administrator14,800 EUR
Developer / Programmer13,800 EUR
Information Technology Manager22,000 EUR
Network Engineer13,600 EUR

Law Enforcement / Security / Fire
Police Officer11,500 EUR

Legal
Attorney21,500 EUR
Legal Assistant10,900 EUR

Media / Broadcasting / Arts / Entertainment
Journalist15,300 EUR

Pharmaceutical and Biotechnology
Biomedical Engineer13,000 EUR
Pharmacist16,800 EUR

Sales Retail and Wholesale
Cashier8,410 EUR
Sales Manager24,000 EUR
Sales Representative10,200 EUR

Teaching / Education
Elementary School Teacher10,000 EUR
Secondary School Teacher12,800 EUR

Average Hourly Wage in Luxembourg


88 EUR per hour

The average hourly wage (pay per hour) in Luxembourg is 88 EUR. This means that the average person in Luxembourg earns approximately 88 EUR for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

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