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Project Manager Average Salary in Portugal 2020

How much money does a Project Manager make in Portugal?


Average Monthly Salary
2,920 EUR
( 35,100 EUR yearly)

LOW
1,430
EUR
AVERAGE
2,920
EUR
HIGH
4,560
EUR

A person working as a Project Manager in Portugal typically earns around 2,920 EUR per month. Salaries range from 1,430 EUR (lowest) to 4,560 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 1,430 EUR per month (minimum salary) to 4,560 EUR per month (maximum salary).

  • Median Salary

    The median salary is 2,980 EUR per month, which means that half (50%) of people working as Project Manager(s) are earning less than 2,980 EUR while the other half are earning more than 2,980 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 1,990 EUR while 75% of them are earning more than 1,990 EUR. Also from the diagram, 75% of Project Manager(s) are earning less than 3,840 EUR while 25% are earning more than 3,840 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 1,700 EUR per month.

While someone with an experience level between two and five years is expected to earn 2,180 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 3,010 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 3,730 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 4,000 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 4,260 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
1,700 EUR
2 - 5 Years+29%
2,180 EUR
5 - 10 Years+38%
3,010 EUR
10 - 15 Years+24%
3,730 EUR
15 - 20 Years+7%
4,000 EUR
20+ Years+7%
4,260 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 2,120 EUR per month.

While someone with a Certificate or Diploma gets a salary of 2,430 EUR per month, 15% more than someone having a High School degree.

A Bachelor's Degree gets its holder an average salary of 3,280 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 4,120 EUR per month, 26% more than someone with Bachelor's Degree.


Project Manager average salary difference by education level in Portugal

High School
2,120 EUR
Certificate or Diploma+15%
2,430 EUR
Bachelor's Degree+35%
3,280 EUR
Master's Degree+26%
4,120 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 5% more than their female counterparts on average.

Male
2,990 EUR
Female-5%
2,850 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

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.

Project Manager Average Hourly Wage in Portugal


17 EUR per hour

The average hourly wage (pay per hour) in Portugal is 17 EUR. This means that the average Project Manager in Portugal earns approximately 17 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 35% more than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Account Coordinator2,590 EUR-11%
Administration Manager2,860 EUR-2%
Area Manager2,690 EUR-8%
Asset Protection Associate3,400 EUR+16%
Assistant Director3,130 EUR+7%
Assistant Manager3,410 EUR+17%
Assistant Operations Manager3,480 EUR+19%
Assistant Project Manager3,000 EUR+3%
Assistant Section Head2,620 EUR-10%
Assistant to CEO2,810 EUR-4%
Assistant Vice President3,390 EUR+16%
Associate Director3,300 EUR+13%
Bid Manager3,470 EUR+19%
Branch Manager3,580 EUR+23%
Business Development Manager3,980 EUR+36%
Business Operations Associate3,200 EUR+10%
Business Operations Lead3,210 EUR+10%
Campaign Manager3,300 EUR+13%
Chairman of The Board5,670 EUR+94%
Chairman Office Manager4,010 EUR+37%
Chief Corporate Officer4,890 EUR+67%
Chief Executive Officer6,100 EUR+110%
Chief Financial Officer5,490 EUR+88%
Chief of Staff2,680 EUR-8%
Chief Operating Officer4,460 EUR+53%
Chief Risk Officer3,800 EUR+30%
Client Services Manager3,760 EUR+29%
Commercial Project Manager3,120 EUR+7%
Commodity Broker2,520 EUR-14%
Corporate Affairs Executive3,480 EUR+19%
Corporate Compliance Director3,760 EUR+29%
Corporate Director4,260 EUR+46%
Corporate Officer2,910 EUR-0%
Corporate Partnerships Officer2,760 EUR-6%
Country Manager4,540 EUR+55%
Deputy Director4,280 EUR+46%
Director4,670 EUR+60%
Director of Accreditation3,910 EUR+34%
Director of Catering Services3,420 EUR+17%
Director of Client Services3,750 EUR+28%
Director of Facilities Management3,380 EUR+16%
Director of Operations3,910 EUR+34%
Director of Process Simplification3,210 EUR+10%
Director of Project Management4,140 EUR+42%
Director of Revenue Management3,840 EUR+31%
Director of Training and Development3,760 EUR+29%
Distribution Manager3,920 EUR+34%
Division Manager3,450 EUR+18%
Duty Manager3,510 EUR+20%
Engagement Manager4,130 EUR+41%
Executive Director6,080 EUR+110%
Executive Manager5,100 EUR+75%
Franchise Manager5,050 EUR+73%
General Manager4,690 EUR+61%
Global Master Data Manager4,090 EUR+40%
Head of Middle Office3,730 EUR+28%
Head of Projects3,980 EUR+36%
Head of Sustainability3,330 EUR+14%
Housing Manager3,120 EUR+7%
HSE Manager3,320 EUR+14%
Key Account Manager3,260 EUR+12%
Knowledge Manager3,910 EUR+34%
Location Manager3,900 EUR+33%
Logistics Manager2,960 EUR+1%
Management Consultant3,100 EUR+6%
Management Executive4,400 EUR+51%
Manager4,060 EUR+39%
Managing Director4,570 EUR+56%
MIS Executive3,950 EUR+35%
Ocean Services Manager4,190 EUR+43%
Operations Assistant2,860 EUR-2%
Operations Director4,650 EUR+59%
Operations Executive4,160 EUR+42%
Operations Manager4,420 EUR+51%
Operations Supervisor3,560 EUR+22%
Policy Administration Executive3,540 EUR+21%
Private Sector Executive3,510 EUR+20%
Product Development Manager3,840 EUR+31%
Product Executive3,510 EUR+20%
Production Executive4,030 EUR+38%
Production Manager3,900 EUR+33%
Production Supervisor3,240 EUR+11%
Program Manager4,230 EUR+45%
Programme Coordinator2,730 EUR-7%
Project Control Manager4,080 EUR+40%
Project Coordinator2,380 EUR-19%
Project Management Officer2,880 EUR-1%
Project Manager2,920 EUR-0%
Project Portfolio Manager3,170 EUR+8%
Quality Manager3,390 EUR+16%
R/D Director3,540 EUR+21%
Regional Director5,620 EUR+92%
Regional Manager4,120 EUR+41%
Relationship Manager3,950 EUR+35%
Retail District Manager2,940 EUR+1%
Revenue Manager3,130 EUR+7%
Risk and Capital Manager4,340 EUR+49%
Risk Officer3,130 EUR+7%
Safety Manager2,930 EUR+0%
Section Head2,970 EUR+2%
Service Manager3,310 EUR+13%
Shift Supervisor2,460 EUR-16%
Solutions Manager2,890 EUR-1%
Supervisor2,390 EUR-18%
Supply Chain Manager4,410 EUR+51%
Surveyor2,680 EUR-8%
Technical Manager3,940 EUR+35%
Territory Manager3,970 EUR+36%
Validation Manager3,450 EUR+18%
Vice President5,050 EUR+73%
Zone Manager4,240 EUR+45%

Salary Comparison By City

CityAverage Salary
Funchal2,840 EUR
Lisbon3,320 EUR
Porto3,130 EUR

Government vs Private Sector Salary Comparison

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

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