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Project Manager Average Salary in Portugal 2020

How much money does a Project Manager make in Portugal?


Average Monthly Salary
5,110 EUR
( 61,400 EUR yearly)

LOW
2,510
EUR
AVERAGE
5,110
EUR
HIGH
7,980
EUR

A person working as a Project Manager in Portugal typically earns around 5,110 EUR per month. Salaries range from 2,510 EUR (lowest) to 7,980 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 2,510 EUR per month (minimum salary) to 7,980 EUR per month (maximum salary).

  • Median Salary

    The median salary is 5,220 EUR per month, which means that half (50%) of people working as Project Manager(s) are earning less than 5,220 EUR while the other half are earning more than 5,220 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 3,480 EUR while 75% of them are earning more than 3,480 EUR. Also from the diagram, 75% of Project Manager(s) are earning less than 6,730 EUR while 25% are earning more than 6,730 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 2,970 EUR per month.

While someone with an experience level between two and five years is expected to earn 3,820 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 5,270 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 6,530 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 6,990 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 7,460 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
2,970 EUR
2 - 5 Years+29%
3,820 EUR
5 - 10 Years+38%
5,270 EUR
10 - 15 Years+24%
6,530 EUR
15 - 20 Years+7%
6,990 EUR
20+ Years+7%
7,460 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 3,710 EUR per month.

While someone with a Certificate or Diploma gets a salary of 4,260 EUR per month, 15% more than someone having a High School degree.

A Bachelor's Degree gets its holder an average salary of 5,730 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 7,210 EUR per month, 26% more than someone with Bachelor's Degree.


Project Manager average salary difference by education level in Portugal

High School
3,710 EUR
Certificate or Diploma+15%
4,260 EUR
Bachelor's Degree+35%
5,730 EUR
Master's Degree+26%
7,210 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 24,300 Euro(s) to 72,800 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.

Female
4,960 EUR
Male+6%
5,240 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 13% 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

Annual Salary Increment Rate Portugal
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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 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.

19% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 81% 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
81%
No Bonus
19%

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 Project Manager employees in Portugal earn 6% more than their private sector counterparts.

Private Sector
4,730 EUR
Public Sector+6%
5,010 EUR
Percentage increase and decrease are relative to the previous value

Project Manager Salary Trend and Forecast in Portugal

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 Portugal Project Manager
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Average Salary 2016
4,540 EUR
Average Salary 2017+4%
4,710 EUR
Average Salary 2018+3%
4,840 EUR
Average Salary 2019+2%
4,930 EUR
Percentage increase and decrease are relative to the previous value

Project Manager salaries in Portugal 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 Portugal


30 EUR per hour

The average hourly wage (pay per hour) in Portugal is 30 EUR. This means that the average Project Manager in Portugal earns approximately 30 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 Portugal
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The average salary for Project Manager is 22% 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 Coordinator4,530 EUR-11%
Administration Manager5,000 EUR-2%
Area Manager4,700 EUR-8%
Asset Protection Associate5,950 EUR+16%
Assistant Director5,470 EUR+7%
Assistant Manager5,960 EUR+17%
Assistant Operations Manager6,090 EUR+19%
Assistant Project Manager5,250 EUR+3%
Assistant Section Head4,580 EUR-10%
Assistant to CEO4,910 EUR-4%
Assistant Vice President5,930 EUR+16%
Associate Director5,770 EUR+13%
Bid Manager6,080 EUR+19%
Branch Manager6,260 EUR+22%
Business Development Manager6,960 EUR+36%
Business Operations Associate5,590 EUR+9%
Business Operations Lead5,620 EUR+10%
Campaign Manager5,780 EUR+13%
Chairman of The Board9,920 EUR+94%
Chairman Office Manager7,020 EUR+37%
Chief Corporate Officer8,560 EUR+67%
Chief Executive Officer10,700 EUR+110%
Chief Financial Officer9,570 EUR+87%
Chief of Staff4,680 EUR-8%
Chief Operating Officer7,330 EUR+43%
Chief Risk Officer6,650 EUR+30%
Client Services Manager6,580 EUR+29%
Commercial Project Manager5,450 EUR+7%
Commodity Broker4,400 EUR-14%
Corporate Affairs Executive6,090 EUR+19%
Corporate Compliance Director6,580 EUR+29%
Corporate Director7,450 EUR+46%
Corporate Officer5,090 EUR-0%
Corporate Partnerships Officer4,820 EUR-6%
Country Manager7,940 EUR+55%
Deputy Director7,500 EUR+47%
Director8,170 EUR+60%
Director of Accreditation6,840 EUR+34%
Director of Catering Services5,990 EUR+17%
Director of Client Services6,560 EUR+28%
Director of Facilities Management5,910 EUR+16%
Director of Operations6,840 EUR+34%
Director of Process Simplification5,610 EUR+10%
Director of Project Management7,250 EUR+42%
Director of Revenue Management6,710 EUR+31%
Director of Training and Development6,590 EUR+29%
Distribution Manager6,860 EUR+34%
Division Manager6,040 EUR+18%
Duty Manager6,140 EUR+20%
Engagement Manager7,230 EUR+41%
Executive Director10,600 EUR+110%
Executive Manager8,930 EUR+75%
Franchise Manager8,830 EUR+73%
General Manager8,200 EUR+60%
Global Master Data Manager7,160 EUR+40%
Head of Middle Office6,530 EUR+28%
Head of Projects6,960 EUR+36%
Head of Sustainability5,830 EUR+14%
Housing Manager5,450 EUR+7%
HSE Manager5,810 EUR+14%
Key Account Manager5,700 EUR+11%
Knowledge Manager6,840 EUR+34%
Location Manager6,820 EUR+33%
Logistics Manager5,190 EUR+1%
Management Consultant5,420 EUR+6%
Management Executive7,710 EUR+51%
Manager7,110 EUR+39%
Managing Director8,000 EUR+56%
MIS Executive6,920 EUR+35%
Ocean Services Manager7,340 EUR+44%
Operations Assistant5,000 EUR-2%
Operations Director8,150 EUR+59%
Operations Executive7,280 EUR+42%
Operations Manager7,740 EUR+51%
Operations Supervisor6,230 EUR+22%
Policy Administration Executive6,190 EUR+21%
Private Sector Executive6,150 EUR+20%
Product Development Manager6,720 EUR+31%
Product Executive6,150 EUR+20%
Production Executive7,060 EUR+38%
Production Manager6,830 EUR+34%
Production Supervisor5,660 EUR+11%
Program Manager7,410 EUR+45%
Programme Coordinator4,790 EUR-6%
Project Control Manager7,150 EUR+40%
Project Coordinator4,160 EUR-19%
Project Management Officer5,050 EUR-1%
Project Manager5,110 EUR-0%
Project Portfolio Manager5,560 EUR+9%
Quality Manager5,930 EUR+16%
R/D Director6,190 EUR+21%
Regional Director9,840 EUR+92%
Regional Manager7,220 EUR+41%
Relationship Manager6,910 EUR+35%
Retail District Manager5,140 EUR+1%
Revenue Manager5,480 EUR+7%
Risk and Capital Manager7,600 EUR+49%
Risk Officer5,480 EUR+7%
Safety Manager5,120 EUR+0%
Section Head5,200 EUR+2%
Service Manager5,790 EUR+13%
Shift Supervisor4,310 EUR-16%
Solutions Manager5,060 EUR-1%
Supervisor4,190 EUR-18%
Supply Chain Manager7,720 EUR+51%
Surveyor4,690 EUR-8%
Technical Manager6,900 EUR+35%
Territory Manager6,940 EUR+36%
Validation Manager6,030 EUR+18%
Vice President8,830 EUR+73%
Zone Manager7,420 EUR+45%

Salary Comparison By City

CityAverage Salary
Funchal4,970 EUR
Lisbon5,810 EUR
Porto5,470 EUR
2729 - 4

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