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Project Manager Average Salary in Austria 2020

How much money does a Project Manager make in Austria?


Average Monthly Salary
4,450 EUR
( 53,400 EUR yearly)

LOW
2,400
EUR
AVERAGE
4,450
EUR
HIGH
6,710
EUR

A person working as a Project Manager in Austria typically earns around 4,450 EUR per month. Salaries range from 2,400 EUR (lowest) to 6,710 EUR (highest).

This is the average monthly salary including housing, transport, and other benefits. Project Manager salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Project Manager Salary Distribution in Austria

Median and salary distribution monthly Austria Project Manager
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The median, the maximum, the minimum, and the range

  • Salary Range

    Project Manager salaries in Austria range from 2,400 EUR per month (minimum salary) to 6,710 EUR per month (maximum salary).

  • Median Salary

    The median salary is 4,090 EUR per month, which means that half (50%) of people working as Project Manager(s) are earning less than 4,090 EUR while the other half are earning more than 4,090 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 Project Manager(s) are earning less than 2,920 EUR while 75% of them are earning more than 2,920 EUR. Also from the diagram, 75% of Project Manager(s) are earning less than 4,970 EUR while 25% are earning more than 4,970 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

Project Manager Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Austria Project Manager
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Project Manager salaries by experience level and this is what we found.

A Project Manager with less than two years of experience makes approximately 2,790 EUR per month.

While someone with an experience level between two and five years is expected to earn 3,520 EUR per month, 26% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 4,640 EUR per month, 32% more than someone with two to five years of experience.

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.

Additionally, Project Manager(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 5,460 EUR per month, 18% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 6,050 EUR per month, 11% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 6,430 EUR per month, 6% more than people with fifteen to twenty years of experience.


Project Manager average salary change by experience in Austria

0 - 2 Years
2,790 EUR
2 - 5 Years+26%
3,520 EUR
5 - 10 Years+32%
4,640 EUR
10 - 15 Years+18%
5,460 EUR
15 - 20 Years+11%
6,050 EUR
20+ Years+6%
6,430 EUR
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Project Manager Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Project Manager(s) who have the same experience but different education levels.

Salary comparison by education level monthly Austria Project Manager
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Project Manager salaries by education level in order to make a comparison.

When the education level is High School, the average salary of a Project Manager is 3,390 EUR per month.

While someone with a Certificate or Diploma gets a salary of 3,820 EUR per month, 13% more than someone having a High School degree.

A Bachelor's Degree gets its holder an average salary of 5,030 EUR per month, 32% more than someone with a Certificate or Diploma.

Professionals who hold a Master's Degree are rewarded with an average salary of 6,240 EUR per month, 24% more than someone with Bachelor's Degree.


Project Manager average salary difference by education level in Austria

High School
3,390 EUR
Certificate or Diploma+13%
3,820 EUR
Bachelor's Degree+32%
5,030 EUR
Master's Degree+24%
6,240 EUR
Percentage increase and decrease are relative to the previous value

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 Austria costs anywhere from 19,100 Euro(s) to 57,300 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 the thoery. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Project Manager Salary Comparison By Gender

Salary comparison by gender monthly Austria Project Manager
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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 Project Manager employees in Austria earn 4% more than their female counterparts.

Female
4,350 EUR
Male+4%
4,540 EUR
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Austria for all Careers

Salary comparison by gender monthly Austria
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Project Manager Average Annual Salary Increment Percentage in Austria

How much are annual salary increments in Austria for Project Manager(s)? How often do employees get salary raises?

Project Manager

Project Manager(s) in Austria are likely to observe a salary increase of approximately 9% every 27 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Austria Project Manager
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Austria / All Professions

Annual Salary Increment Rate Austria
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The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency

The average salary increase in one year (12 months) in Austria is 2%.

Annual Increment Rate By Industry 2019

Banking
5%
Energy
1%
Information Technology
6%
Healthcare
2%
Travel
7%
Construction
3%
Education
8%

Listed above are the average annual increase rates for each industry in Austria for the year 2019. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.


Worldwide Salary Raises: All Countries and All Jobs

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Project Manager Bonus and Incentive Rates in Austria

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Austria Project Manager
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A Project Manager is considered to be a high bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

41% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 59% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 6% to 7% of their annual salary.

Received Bonus
59%
No Bonus
41%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Government vs Private Sector Salary Comparison

Public vs private sector salaries monthly Austria
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Where can you get paid more, working for a private company or for the government? Public sector Project Manager employees in Austria earn 7% more than their private sector counterparts.

Private Sector
3,670 EUR
Public Sector+7%
3,930 EUR
Percentage increase and decrease are relative to the previous value

Project Manager Salary Trend and Forecast in Austria

How are Project Manager salaries changing over time? Listed below is a chart that shows the average salary in recent years.

Salary trends and forecast monthly Austria Project Manager
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Average Salary 2016
4,090 EUR
Average Salary 2017+4%
4,240 EUR
Average Salary 2018+1%
4,300 EUR
Average Salary 2019+2%
4,360 EUR
Percentage increase and decrease are relative to the previous value

Project Manager salaries in Austria are on the rise in the year 2020 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 2% 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.

Project Manager Average Hourly Wage in Austria


26 EUR per hour

The average hourly wage (pay per hour) in Austria is 26 EUR. This means that the average Project Manager in Austria earns approximately 26 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.

Project Manager VS Other Jobs

Salary Comparison Between Project Manager and Executive and Management monthly Austria
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The average salary for Project Manager is 14% less than that of Executive and Management. Also, Executive and Management salaries are 36% more than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Account Coordinator3,640 EUR-18%
Administration Manager4,260 EUR-4%
Area Manager3,930 EUR-12%
Asset Protection Associate4,970 EUR+12%
Assistant Director4,570 EUR+3%
Assistant Manager4,590 EUR+3%
Assistant Operations Manager5,290 EUR+19%
Assistant Project Manager4,750 EUR+7%
Assistant Section Head3,670 EUR-17%
Assistant to CEO4,440 EUR-0%
Assistant Vice President4,760 EUR+7%
Associate Director4,450 EUR+0%
Bid Manager5,290 EUR+19%
Branch Manager4,830 EUR+9%
Business Development Manager5,700 EUR+28%
Business Operations Associate4,670 EUR+5%
Business Operations Lead4,890 EUR+10%
Campaign Manager4,930 EUR+11%
Chairman of The Board8,460 EUR+90%
Chairman Office Manager5,640 EUR+27%
Chief Corporate Officer7,290 EUR+64%
Chief Executive Officer8,560 EUR+92%
Chief Financial Officer8,310 EUR+87%
Chief of Staff4,160 EUR-6%
Chief Operating Officer6,130 EUR+38%
Chief Risk Officer5,660 EUR+27%
Client Services Manager5,610 EUR+26%
Commercial Project Manager4,750 EUR+7%
Commodity Broker3,530 EUR-21%
Corporate Affairs Executive5,400 EUR+21%
Corporate Compliance Director5,720 EUR+29%
Corporate Director6,100 EUR+37%
Corporate Officer4,170 EUR-6%
Corporate Partnerships Officer4,030 EUR-9%
Country Manager6,770 EUR+52%
Deputy Director6,390 EUR+44%
Director6,820 EUR+53%
Director of Accreditation6,070 EUR+36%
Director of Catering Services5,010 EUR+13%
Director of Client Services5,370 EUR+21%
Director of Facilities Management4,650 EUR+5%
Director of Operations6,070 EUR+36%
Director of Process Simplification4,420 EUR-1%
Director of Project Management6,300 EUR+42%
Director of Revenue Management5,390 EUR+21%
Director of Training and Development5,610 EUR+26%
Distribution Manager6,090 EUR+37%
Division Manager5,350 EUR+20%
Duty Manager5,230 EUR+18%
Engagement Manager6,290 EUR+41%
Executive Director8,880 EUR+100%
Executive Manager7,310 EUR+64%
Franchise Manager7,080 EUR+59%
General Manager7,120 EUR+60%
Global Master Data Manager6,100 EUR+37%
Head of Middle Office5,450 EUR+23%
Head of Projects6,050 EUR+36%
Head of Sustainability4,870 EUR+10%
Housing Manager4,740 EUR+7%
HSE Manager4,660 EUR+5%
Key Account Manager4,670 EUR+5%
Knowledge Manager5,720 EUR+29%
Location Manager5,370 EUR+21%
Logistics Manager4,600 EUR+3%
Management Consultant4,430 EUR-0%
Management Executive6,060 EUR+36%
Manager5,710 EUR+28%
Managing Director6,820 EUR+53%
MIS Executive5,660 EUR+27%
Ocean Services Manager5,880 EUR+32%
Operations Assistant4,430 EUR-0%
Operations Director6,280 EUR+41%
Operations Executive6,080 EUR+37%
Operations Manager6,460 EUR+45%
Operations Supervisor5,310 EUR+19%
Policy Administration Executive5,170 EUR+16%
Private Sector Executive5,340 EUR+20%
Product Development Manager5,610 EUR+26%
Product Executive5,340 EUR+20%
Production Executive5,900 EUR+33%
Production Manager6,180 EUR+39%
Production Supervisor4,830 EUR+9%
Program Manager5,940 EUR+34%
Programme Coordinator4,170 EUR-6%
Project Control Manager5,970 EUR+34%
Project Coordinator3,620 EUR-19%
Project Management Officer4,130 EUR-7%
Project Manager4,450 EUR+0%
Project Portfolio Manager4,730 EUR+6%
Quality Manager4,860 EUR+9%
R/D Director5,280 EUR+19%
Regional Director8,380 EUR+88%
Regional Manager5,910 EUR+33%
Relationship Manager5,540 EUR+25%
Retail District Manager4,120 EUR-7%
Revenue Manager4,480 EUR+1%
Risk and Capital Manager6,880 EUR+55%
Risk Officer4,220 EUR-5%
Safety Manager4,540 EUR+2%
Section Head4,700 EUR+6%
Service Manager4,560 EUR+3%
Shift Supervisor3,530 EUR-21%
Solutions Manager4,220 EUR-5%
Supervisor3,500 EUR-21%
Supply Chain Manager5,950 EUR+34%
Surveyor4,250 EUR-4%
Technical Manager5,650 EUR+27%
Territory Manager5,800 EUR+30%
Validation Manager4,740 EUR+7%
Vice President6,950 EUR+56%
Zone Manager6,080 EUR+37%

Salary Comparison By City

CityAverage Salary
Dornbirn4,160 EUR
Graz4,850 EUR
Innsbruck4,480 EUR
Klagenfurt4,510 EUR
Linz4,420 EUR
Salzburg4,450 EUR
St. Polten4,150 EUR
Vienna4,810 EUR
Villach4,100 EUR
Wels4,130 EUR
Wiener Neustadt3,780 EUR
5596 - 4

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