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Project Manager Average Salary in Portugal 2020

How much money does a Project Manager make in Portugal?


Average Monthly Salary
3,430 EUR
( 41,200 EUR yearly)

LOW
1,680
EUR
AVERAGE
3,430
EUR
HIGH
5,360
EUR

A person working as a Project Manager in Portugal typically earns around 3,430 EUR per month. Salaries range from 1,680 EUR (lowest) to 5,360 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 Portugal

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

  • Salary Range

    Project Manager salaries in Portugal range from 1,680 EUR per month (minimum salary) to 5,360 EUR per month (maximum salary).

  • Median Salary

    The median salary is 3,500 EUR per month, which means that half (50%) of people working as Project Manager(s) are earning less than 3,500 EUR while the other half are earning more than 3,500 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 2,330 EUR while 75% of them are earning more than 2,330 EUR. Also from the diagram, 75% of Project Manager(s) are earning less than 4,520 EUR while 25% are earning more than 4,520 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 Portugal 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 2,000 EUR per month.

While someone with an experience level between two and five years is expected to earn 2,570 EUR per month, 29% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 3,540 EUR per month, 38% 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 4,380 EUR per month, 24% 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 4,700 EUR per month, 7% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 5,010 EUR per month, 7% more than people with fifteen to twenty years of experience.


Project Manager average salary change by experience in Portugal

0 - 2 Years
2,000 EUR
2 - 5 Years+29%
2,570 EUR
5 - 10 Years+38%
3,540 EUR
10 - 15 Years+24%
4,380 EUR
15 - 20 Years+7%
4,700 EUR
20+ Years+7%
5,010 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 Portugal 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 2,490 EUR per month.

While someone with a Certificate or Diploma gets a salary of 2,860 EUR per month, 15% more than someone having a High School degree.

A Bachelor's Degree gets its holder an average salary of 3,850 EUR per month, 35% more than someone with a Certificate or Diploma.

Professionals who hold a Master's Degree are rewarded with an average salary of 4,840 EUR per month, 26% more than someone with Bachelor's Degree.


Project Manager average salary difference by education level in Portugal

High School
2,490 EUR
Certificate or Diploma+15%
2,860 EUR
Bachelor's Degree+35%
3,850 EUR
Master's Degree+26%
4,840 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 Portugal costs anywhere from 13,800 Euro(s) to 41,300 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 Portugal 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 Portugal earn 6% more than their female counterparts on average.

Female
3,330 EUR
Male+6%
3,520 EUR
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Portugal for all Careers

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

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

Project Manager

Project Manager(s) in Portugal are likely to observe a salary increase of approximately 14% every 15 months. The national average annual increment for all professions combined is 9% granted to employees every 16 months.

Annual Salary Increment Rate Portugal 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.

Portugal / All Professions

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 Portugal is 7%.

Annual Increment Rate By Industry 2019

Banking
3%
Energy
6%
Information Technology
9%
Healthcare
3%
Travel
6%
Construction
9%
Education
3%

Listed above are the average annual increase rates for each industry in Portugal 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 Portugal

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Portugal 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.

18% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 82% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.

Received Bonus
82%
No Bonus
18%

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 Portugal
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Where can you get paid more, working for a private company or for the government? Public sector employees in Portugal earn 6% more than their private sector counterparts on average across all sectors.

Private Sector
2,680 EUR
Public Sector+6%
2,840 EUR
Percentage increase and decrease are relative to the previous value

Project Manager Average Hourly Wage in Portugal


20 EUR per hour

The average hourly wage (pay per hour) in Portugal is 20 EUR. This means that the average Project Manager in Portugal earns approximately 20 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 Business Planning monthly Portugal
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The average salary for Project Manager is 19% more than that of Business Planning. Also, Business Planning salaries are 5% more than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Assistant Business Development Manager3,440 EUR+0%
Assistant Merchandise Planner2,180 EUR-37%
Business Advisor3,260 EUR-5%
Business Analyst3,470 EUR+1%
Business Consultant3,290 EUR-4%
Business Continuity Associate2,090 EUR-39%
Business Development Associate1,660 EUR-52%
Business Development Coordinator1,910 EUR-44%
Business Development Manager4,100 EUR+19%
Business Development Specialist3,200 EUR-7%
Business Operations Specialist3,180 EUR-7%
Business Process Writer1,820 EUR-47%
Capacity Planner2,240 EUR-35%
Capacity Planning Supervisor3,220 EUR-6%
Change Communications Analyst2,900 EUR-16%
Change Control Analyst3,190 EUR-7%
Contracts Executive3,170 EUR-8%
Corporate Strategy Analyst3,190 EUR-7%
Cost Control Engineer2,110 EUR-39%
Cost Estimator2,120 EUR-38%
Data Executive1,770 EUR-48%
Development Researcher2,430 EUR-29%
Due Diligence Analyst3,350 EUR-2%
Estimating Manager3,620 EUR+5%
General Manager4,180 EUR+22%
Incident Handler2,320 EUR-32%
Incident Specialist2,780 EUR-19%
Lean Consultant2,510 EUR-27%
Manager4,360 EUR+27%
Materials Planner1,420 EUR-59%
Merchandise Controller1,450 EUR-58%
Merchandise Planner1,390 EUR-60%
Operations Analyst2,970 EUR-14%
Operations Research Analyst2,020 EUR-41%
Planning and Reporting Manager3,600 EUR+5%
Planning Director4,450 EUR+30%
Project Administrator2,220 EUR-35%
Project Manager3,430 EUR-0%
Project Planner2,050 EUR-40%
Research Assistant1,720 EUR-50%
Research Engineer2,140 EUR-38%
Research Officer1,670 EUR-51%
Risk Management Specialist3,110 EUR-9%
Scholarship Coordinator1,640 EUR-52%
Store Planner1,560 EUR-55%
Strategy Director4,640 EUR+35%
Top Research and Development Executive4,860 EUR+42%

Salary Comparison By City

CityAverage Salary
Funchal2,940 EUR
Lisbon3,700 EUR
Porto3,540 EUR
4042 - 2

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