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Pharmacy Manager Average Salary in Germany 2020

How much money does a Pharmacy Manager make in Germany?


Average Monthly Salary
6,360 EUR
( 76,300 EUR yearly)

LOW
2,930
EUR
AVERAGE
6,360
EUR
HIGH
10,100
EUR

A person working as a Pharmacy Manager in Germany typically earns around 6,360 EUR per month. Salaries range from 2,930 EUR (lowest) to 10,100 EUR (highest).

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

Pharmacy Manager Salary Distribution in Germany

Median and salary distribution monthly Germany Pharmacy Manager
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The median, the maximum, the minimum, and the range

  • Salary Range

    Pharmacy Manager salaries in Germany range from 2,930 EUR per month (minimum salary) to 10,100 EUR per month (maximum salary).

  • Median Salary

    The median salary is 6,870 EUR per month, which means that half (50%) of people working as Pharmacy Manager(s) are earning less than 6,870 EUR while the other half are earning more than 6,870 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 Pharmacy Manager(s) are earning less than 4,410 EUR while 75% of them are earning more than 4,410 EUR. Also from the diagram, 75% of Pharmacy Manager(s) are earning less than 9,170 EUR while 25% are earning more than 9,170 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

Pharmacy Manager Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Germany Pharmacy 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 Pharmacy Manager salaries by experience level and this is what we found.

A Pharmacy Manager with less than two years of experience makes approximately 3,320 EUR per month.

While someone with an experience level between two and five years is expected to earn 4,440 EUR per month, 34% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 6,560 EUR per month, 48% 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, Pharmacy Manager(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 8,000 EUR per month, 22% 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 8,710 EUR per month, 9% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 9,430 EUR per month, 8% more than people with fifteen to twenty years of experience.


Pharmacy Manager average salary change by experience in Germany

0 - 2 Years
3,320 EUR
2 - 5 Years+34%
4,440 EUR
5 - 10 Years+48%
6,560 EUR
10 - 15 Years+22%
8,000 EUR
15 - 20 Years+9%
8,710 EUR
20+ Years+8%
9,430 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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Pharmacy Manager Salary Comparison By Education

How do education levels affect salaries?

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

Salary comparison by education level monthly Germany Pharmacy 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 Pharmacy Manager salaries by education level in order to make a comparison.

When the education level is Bachelor's Degree, the average salary of a Pharmacy Manager is 3,860 EUR per month.

While someone with a Master's Degree gets a salary of 7,460 EUR per month, 93% more than someone having a Bachelor's Degree degree.


Pharmacy Manager average salary difference by education level in Germany

Bachelor's Degree
3,860 EUR
Master's Degree+93%
7,460 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 Germany costs anywhere from 19,100 Euro(s) to 57,200 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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Pharmacy Manager Salary Comparison By Gender

Salary comparison by gender monthly Germany Pharmacy 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 Pharmacy Manager employees in Germany earn 6% more than their female counterparts on average.

Male
6,550 EUR
Female-6%
6,180 EUR
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Germany for all Careers

Salary comparison by gender monthly Germany
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Pharmacy Manager Average Annual Salary Increment Percentage in Germany

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

Pharmacy Manager

Pharmacy Manager(s) in Germany are likely to observe a salary increase of approximately 11% every 17 months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.

Annual Salary Increment Rate Germany Pharmacy 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.

Germany / 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 Germany is 6%.

Annual Increment Rate By Industry 2019

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

Listed above are the average annual increase rates for each industry in Germany 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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Pharmacy Manager Bonus and Incentive Rates in Germany

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Germany Pharmacy Manager
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A Pharmacy 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.

12% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 88% 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
88%
No Bonus
12%

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.

Pharmacy Manager Average Hourly Wage in Germany


37 EUR per hour

The average hourly wage (pay per hour) in Germany is 37 EUR. This means that the average Pharmacy Manager in Germany earns approximately 37 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.

Pharmacy Manager VS Other Jobs

Salary Comparison Between Pharmacy Manager and Pharmaceutical and Biotechnology monthly Germany
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The average salary for Pharmacy Manager is 25% more than that of Pharmaceutical and Biotechnology. Also, Pharmaceutical and Biotechnology salaries are 34% more than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Assistant Pharmacist3,070 EUR-52%
Assistant Pharmacy Director5,840 EUR-8%
Associate Medical Affairs Director7,860 EUR+24%
Bioinformatics Scientist7,180 EUR+13%
Bioinformatics Technician3,250 EUR-49%
Biological Scientist7,440 EUR+17%
Biological Technician3,460 EUR-46%
Biomedical Engineer3,090 EUR-51%
Biomedical Engineering Director5,890 EUR-7%
Biostatistician4,670 EUR-27%
Biotechnologist 4,750 EUR-25%
Biotechnology Lead Data Manager3,690 EUR-42%
Chemical Process Technician3,470 EUR-45%
Clinical Consultant4,970 EUR-22%
Clinical Data Manager4,920 EUR-23%
Clinical Data Specialist4,440 EUR-30%
Clinical Operations Manager6,690 EUR+5%
Clinical Pharmacist4,660 EUR-27%
Clinical Pharmacy Specialist5,790 EUR-9%
Clinical Programmer2,560 EUR-60%
Clinical Project Manager4,440 EUR-30%
Clinical Research Associate4,060 EUR-36%
Clinical Research Manager6,540 EUR+3%
Clinical Study Manager5,810 EUR-9%
Compliance Specialist4,870 EUR-23%
Cytology Laboratory Technologist3,850 EUR-39%
Cytotechnologist3,780 EUR-41%
GCP Auditor4,080 EUR-36%
Hospital Pharmacy Technician3,730 EUR-41%
Manufacturing Engineer4,070 EUR-36%
Medical Affairs Director7,090 EUR+11%
Medical Representative 3,240 EUR-49%
Medical Science Liaison5,380 EUR-15%
Molecular and Cellular Biologist7,470 EUR+17%
Nuclear Pharmacist4,900 EUR-23%
Pharmaceutical Manufacturing Lead9,040 EUR+42%
Pharmaceutical Operations Excellence Manager7,670 EUR+21%
Pharmaceutical Process Engineer4,310 EUR-32%
Pharmaceutical Production Assistant Manager5,110 EUR-20%
Pharmaceutical Quality Auditor5,060 EUR-20%
Pharmaceutical Regulatory Affairs Assistant3,840 EUR-40%
Pharmaceutical Regulatory Affairs Specialist4,020 EUR-37%
Pharmaceutical Research Associate4,750 EUR-25%
Pharmaceutical Research Scientist7,360 EUR+16%
Pharmaceutical Researcher6,680 EUR+5%
Pharmaceutical Sales and Marketing Manager5,800 EUR-9%
Pharmaceutical Sales Manager6,990 EUR+10%
Pharmaceutical Sales Representative3,040 EUR-52%
Pharmaceutical Supply Chain Manager7,500 EUR+18%
Pharmaceutical Team Leader5,150 EUR-19%
Pharmaceutical Technologist3,610 EUR-43%
Pharmacist4,600 EUR-28%
Pharmacy Aide3,230 EUR-49%
Pharmacy Manager6,360 EUR-0%
Pharmacy Stock Controller2,700 EUR-58%
Pharmacy Technician2,880 EUR-55%
Records Management Coordinator2,460 EUR-61%
Shift Encapsulator2,780 EUR-56%
Staff Pharmacist4,580 EUR-28%

Salary Comparison By City

CityAverage Salary
Berlin7,300 EUR
Bremen6,570 EUR
Dortmund6,550 EUR
Dresden6,060 EUR
Dusseldorf7,020 EUR
Essen6,780 EUR
Frankfurt7,320 EUR
Hamburg7,130 EUR
Hannover6,000 EUR
Koln6,790 EUR
Leipzig6,230 EUR
Munchen6,960 EUR
Nurnberg5,760 EUR
Stuttgart7,000 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 Germany earn 5% more than their private sector counterparts on average across all sectors.

Private Sector
3,720 EUR
Public Sector+5%
3,900 EUR
Percentage increase and decrease are relative to the previous value

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