A person working as a Construction Project Manager in Greece typically earns around 3,950 EUR per month. Salaries range from 1,820 EUR (lowest) to 6,280 EUR (highest).
This is the average monthly salary including housing, transport, and other benefits. Construction Project Manager salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Construction Project Manager salaries in Greece range from 1,820 EUR per month (minimum salary) to 6,280 EUR per month (maximum salary).
The median salary is 4,270 EUR per month, which means that half (50%) of people working as Construction Project Manager(s) are earning less than 4,270 EUR while the other half are earning more than 4,270 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.
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Construction Project Manager(s) are earning less than 2,740 EUR while 75% of them are earning more than 2,740 EUR. Also from the diagram, 75% of Construction Project Manager(s) are earning less than 5,700 EUR while 25% are earning more than 5,700 EUR.
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
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 Construction Project Manager salaries by experience level and this is what we found.
A Construction Project Manager with less than two years of experience makes approximately 2,060 EUR per month.
While someone with an experience level between two and five years is expected to earn 2,750 EUR per month, 33% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 4,070 EUR per month, 48% more than someone with two to five years of experience.
Additionally, Construction Project Manager(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 4,960 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 5,410 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 5,860 EUR per month, 8% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+33%|
|5 - 10 Years||+48%|
|10 - 15 Years||+22%|
|15 - 20 Years||+9%|
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 Construction Project Manager salaries by education level in order to make a comparison.
When the education level is Bachelor's Degree, the average salary of a Construction Project Manager is 2,400 EUR per month.
While someone with a Master's Degree gets a salary of 4,630 EUR per month, 93% more than someone having a Bachelor's Degree degree.
A Master's degree program or any post-graduate program in Greece costs anywhere from 12,200 Euro(s) to 36,500 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.
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Construction Project Manager employees in Greece earn 14% more than their female counterparts on average.
Construction Project Manager(s) in Greece are likely to observe a salary increase of approximately 11% every 20 months. The national average annual increment for all professions combined is 9% granted to employees every 16 months.
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.
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
Listed above are the average annual increase rates for each industry in Greece 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.
A Construction 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.
14% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 86% 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.
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.
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.
The main two types of jobs
|Revenue Generators||Supporting 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.
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.
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.
Where can you get paid more, working for a private company or for the government? Public sector employees in Greece earn 6% more than their private sector counterparts on average across all sectors.
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.
The average salary for Construction Project Manager is 180% more than that of Construction / Building / Installation. Also, Construction / Building / Installation salaries are 42% less than those of All Jobs.
|Job Title||Average Salary|
|Boat Builder and Shipwright||1,060 EUR||-73%|
|Building Administrator||990 EUR||-75%|
|Building Contracts Manager||3,440 EUR||-13%|
|Building Inspector||910 EUR||-77%|
|Building Monitor||750 EUR||-81%|
|Building Sales Manager||3,010 EUR||-24%|
|Civil Engineer||2,120 EUR||-46%|
|Civil Technician||1,110 EUR||-72%|
|Construction and Maintenance Manager||1,700 EUR||-57%|
|Construction Assistant||920 EUR||-77%|
|Construction Coordinator||1,300 EUR||-67%|
|Construction Estimator||1,420 EUR||-64%|
|Construction Field Engineer||1,930 EUR||-51%|
|Construction General Manager||4,160 EUR||+5%|
|Construction Inventory Officer||760 EUR||-81%|
|Construction Operations Manager||3,620 EUR||-8%|
|Construction Project Coordinator||2,360 EUR||-40%|
|Construction Project Engineer||2,300 EUR||-42%|
|Construction Project Manager||3,950 EUR||=|
|Construction Project Planner||2,110 EUR||-47%|
|Construction Quality Control Manager||2,780 EUR||-30%|
|Construction Safety Officer||1,420 EUR||-64%|
|Construction Superintendent||1,450 EUR||-63%|
|Construction Supervisor||2,030 EUR||-49%|
|Construction Technical Assistant||840 EUR||-79%|
|Construction Technical Officer||940 EUR||-76%|
|Construction Technical Writer||910 EUR||-77%|
|Construction Technician||780 EUR||-80%|
|Crane and Tower Operator||800 EUR||-80%|
|Diesel Mechanic||750 EUR||-81%|
|Drywall Installer||810 EUR||-79%|
|Electrical Draftsman||790 EUR||-80%|
|Electrical Engineering Supervisor||2,330 EUR||-41%|
|Electrical Engineering Technician||970 EUR||-75%|
|Elevator Installer and Repairer||1,000 EUR||-75%|
|Excavator Operator||750 EUR||-81%|
|Floor Finisher||830 EUR||-79%|
|Floor Manager||1,180 EUR||-70%|
|Frame and Truss Detailer||680 EUR||-83%|
|Furniture Finisher||700 EUR||-82%|
|Gas Technician||700 EUR||-82%|
|Health and Safety Coordinator||970 EUR||-75%|
|Health and Safety Officer||1,060 EUR||-73%|
|Installation Manager||2,650 EUR||-33%|
|Insulation Installer||740 EUR||-81%|
|Land Surveyor||1,000 EUR||-75%|
|Lift Technician||720 EUR||-82%|
|Material Tester||1,070 EUR||-73%|
|Model Maker||1,060 EUR||-73%|
|Order Picker||690 EUR||-83%|
|Pipe Layer||610 EUR||-85%|
|Property Coordinator||1,820 EUR||-54%|
|Purchasing Manager||2,650 EUR||-33%|
|Quantity Surveyor||1,390 EUR||-65%|
|Roof Slater and Tiler||650 EUR||-84%|
|Sheet Metal Mechanic||710 EUR||-82%|
|Site Clerk||700 EUR||-82%|
|Site engineer||2,010 EUR||-49%|
|Site Leader||3,650 EUR||-8%|
|Stock Controller||1,120 EUR||-72%|
|Structural Steel Construction Worker||830 EUR||-79%|
|Technical Draughtsman||880 EUR||-78%|
|Tendering Manager||3,190 EUR||-19%|
|Tower Crane Operator||760 EUR||-81%|
|Wall and Floor Tiler||710 EUR||-82%|
|Warehouse Manager||2,450 EUR||-38%|
|Welding Superintendent||890 EUR||-77%|