Principal Cost Engineer Average Salary in Berlin 2024
How much money does a person working as Principal Cost Engineer make in Berlin?
LOW
1,980
EUR AVERAGE
3,800
EUR HIGH
5,810
EUR
A person working as Principal Cost Engineer in Berlin typically earns around 3,800 EUR. Salaries range from 1,980 EUR (lowest) to 5,810 EUR (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Principal Cost Engineer salaries in Berlin vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Principal Cost Engineer Pay Scale and Salaries in Berlin
Salary Structure and Pay Scale Comparison
3,440 EUR or more
3,070 to 3,440 EUR
2,240 EUR or less
2,240 to 3,070 EUR
 1,980 EUR |
3,460 EUR |
5,810 EUR |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Principal Cost Engineer in Berlin range from 1,980 EUR (starting salary) to 5,810 EUR (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 3,460 EUR, half of the professionals who work as Principal Cost Engineer in Berlin earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Principal Cost Engineer in Berlin earn less than 2,870 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 3,920 EUR while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Principal Cost Engineer in Berlin compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 2,240 EUR to 3,070 EUR. About 20% of salaries are below the 2,240 EUR mark, while 10% fall within the range of 3,070 EUR to 3,440 EUR. Only 5% of individuals have salaries exceeding 3,440 EUR.
Salary Comparison by Years of Experience / Principal Cost Engineer / Berlin
How do experience and age affect pay?
| 0 - 2 Years | 2,250 EUR | |
| 2 - 5 Years | +34% | 3,010 EUR |
| 5 - 10 Years | +30% | 3,910 EUR |
| 10 - 15 Years | +21% | 4,740 EUR |
| 15 - 20 Years | +9% | 5,180 EUR |
| 20+ Years | +5% | 5,450 EUR |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Principal Cost Engineer and this is what we found.
Employees with less than two years of experience earn approximately 2,250 EUR.
While someone with an experience level between two and five years is expected to earn 3,010 EUR, 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 3,910 EUR, 30% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 4,740 EUR, 21% 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 5,180 EUR, 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 5,450 EUR, 5% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Principal Cost Engineer / Berlin
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Principal Cost Engineer.
| Bachelor's Degree | 3,170 EUR | |
| Master's Degree | +39% | 4,390 EUR |
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 salaries by education level for the position Principal Cost Engineer in order to make a comparison.
Level 1: Bachelor's Degree
Employees at this education level have an average salary of 3,170 EUR.
Level 2: Master's Degree
At this level, the average salary becomes 4,390 EUR, 39% more than the previous level.
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 EUR to 57,400 EUR 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 to a higher-paying job. The numbers seem to support the theory. 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 and Compensation Comparison By Gender / Principal Cost Engineer / Berlin
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Principal Cost Engineer in Germany, the average difference between the salary of male and female employees is 6%.
| Male | 3,320 EUR | |
| Female | -6% | 3,130 EUR |
Salary Comparison By Gender in Germany for all Careers
Average Annual Salary Increment Percentage / Principal Cost Engineer / Berlin
How much are annual salary increments in Berlin for individuals working as Principal Cost Engineer? How often do employees get salary raises?
Individuals working as Principal Cost Engineer in Germany are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.
Germany / All Professions
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare 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
Worldwide Salary Raises: All Countries and All Jobs
Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / Principal Cost Engineer / Germany
How much and how often are bonuses being awarded?
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100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from % to % of their annual salary.
| Received Bonus | % | |
| No Bonus | 100% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese 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 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. |
Example: | Example: |
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.
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.
Average Hourly Wage / Principal Cost Engineer / Berlin
22 EUR per hourThe average hourly wage (pay per hour) for individuals working as Principal Cost Engineer in Berlin is 22 EUR.This is the rate they get paid for every worked hour.
About The Hourly Pay Rate
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 fixed 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.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working as Principal Cost Engineer in Berlin is 11 EUR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Engineering |  -100% | |
| 3D Printing Engineer | 3,380 EUR | -11% |
| Acoustics Engineer | 3,440 EUR | -9% |
| Assembly Engineering Technician | 2,820 EUR | -26% |
| Assistant Chief Engineer | 4,010 EUR |  +6% |
| Associate Engineer | 3,420 EUR | -10% |
| AutoCAD Drafter | 2,200 EUR | -42% |
| Autocad Operator | 2,300 EUR | -39% |
| Automation Engineer | 3,750 EUR | -1% |
| Avionic System Support Engineer | 3,620 EUR | -5% |
| Biochemical Engineer | 3,550 EUR | -7% |
| BMS Engineer | 3,350 EUR | -12% |
| Bridge and Lock Tender | 1,990 EUR | -48% |
| Broadcast Engineer | 3,530 EUR | -7% |
| CAD Design Engineer | 3,630 EUR | -4% |
| CAD Designer | 2,390 EUR | -37% |
| CAE Engineer | 3,460 EUR | -9% |
| Ceramics Engineer | 3,220 EUR | -15% |
| Chemical Engineer | 3,650 EUR | -4% |
| Civil Drafter | 2,200 EUR | -42% |
| Civil Engineer | 3,940 EUR | +4% |
| Civil Site Engineer | 3,790 EUR | -0% |
| Civil Technician | 2,190 EUR | -42% |
| Cognitive Engineer | 3,350 EUR | -12% |
| Commissioning Engineer | 3,570 EUR | -6% |
| Communications Engineer | 3,810 EUR | +0% |
| Condition Monitoring Engineer | 3,100 EUR | -18% |
| Contract Associate Engineer | 3,620 EUR | -5% |
| Contract Engineer | 3,550 EUR | -7% |
| Control Systems Engineer | 3,670 EUR | -3% |
| Controls Engineer | 3,530 EUR | -7% |
| Controls Software Engineer | 3,230 EUR | -15% |
| Corrosion Engineer | 3,350 EUR | -12% |
| Design Engineer | 3,830 EUR | +1% |
| Director of Engineering | 7,600 EUR | +100% |
| Drafter | 2,200 EUR | -42% |
| Drafting Manager | 4,390 EUR | +16% |
| Drilling Engineer | 3,570 EUR | -6% |
| Drilling Foreman | 1,100 EUR | -71% |
| Electrical Draughtsman | 1,790 EUR | -53% |
| Electrical Engineer | 3,950 EUR | +4% |
| Electrical Engineering Manager | 5,060 EUR | +33% |
| Electromechanical Engineering Technologist | 3,780 EUR | -1% |
| Electromechanical Equipment Assembler | 2,000 EUR | -47% |
| Energy Engineer | 3,930 EUR | +3% |
| Engine Assembler | 1,610 EUR | -58% |
| Engineer | 4,040 EUR | +6% |
| Engineering Account Manager | 4,280 EUR | +13% |
| Engineering Chief Designer | 4,080 EUR | +7% |
| Engineering Consultant | 5,170 EUR | +36% |
| Engineering Key Account Manager | 5,380 EUR | +42% |
| Engineering Lab Technician | 3,550 EUR | -7% |
| Engineering Manager | 4,880 EUR | +28% |
| Engineering Planning Manager | 5,120 EUR | +35% |
| Engineering Production Manager | 6,650 EUR | +75% |
| Engineering Project Analyst | 4,110 EUR | +8% |
| Engineering Project Coordinator | 4,170 EUR | +10% |
| Engineering Project Director | 7,750 EUR | +100% |
| Engineering Project Leader | 4,620 EUR | +22% |
| Engineering Project Manager | 5,150 EUR | +36% |
| Engineering Research and Development Manager | 5,780 EUR | +52% |
| Engineering Safety Coordinator | 2,860 EUR | -25% |
| Engineering Sales Manager | 4,830 EUR | +27% |
| Engineering Technician | 2,860 EUR | -25% |
| Engineering Technologist | 2,910 EUR | -23% |
| Environmental Engineer | 3,670 EUR | -3% |
| Equipment Engineer | 3,350 EUR | -12% |
| Equipment Engineering Manager | 4,740 EUR | +25% |
| Estimator | 3,040 EUR | -20% |
| Fabrication Specialist | 2,660 EUR | -30% |
| Fabricator | 1,680 EUR | -56% |
| Facade Engineer | 3,710 EUR | -2% |
| Fiber Analyst | 2,070 EUR | -46% |
| Field Engineer | 3,660 EUR | -4% |
| Field Engineering Manager | 6,460 EUR | +70% |
| Fire Engineer | 3,540 EUR | -7% |
| Fitter and Turner | 1,230 EUR | -68% |
| Forestry Strategic Planner | 4,200 EUR | +11% |
| Generation Engineer | 3,880 EUR | +2% |
| Genetic Engineer | 4,200 EUR | +11% |
| Geological Engineer | 3,940 EUR | +4% |
| Geotechnical Engineer | 3,990 EUR | +5% |
| Heavy Equipment Mechanic | 1,920 EUR | -49% |
| Highway Engineer | 3,660 EUR | -4% |
| HSE Professional | 3,410 EUR | -10% |
| Human Machine Interface Engineer | 3,330 EUR | -12% |
| HVAC Engineer | 3,830 EUR | +1% |
| HVAC Supervisor | 3,350 EUR | -12% |
| Industrial Engineer | 3,400 EUR | -11% |
| Industrial Engineering Technologist | 3,400 EUR | -11% |
| Instrument Engineer | 3,490 EUR | -8% |
| Instrument Technician | 1,980 EUR | -48% |
| Instrumentation and Control Engineer | 3,490 EUR | -8% |
| Instrumentation Designer | 3,230 EUR | -15% |
| Instrumentation Engineer | 3,780 EUR | -1% |
| Instrumentation Manager | 3,710 EUR | -2% |
| Irrigation Engineer | 3,710 EUR | -2% |
| Licensed Aircraft Engineer | 4,020 EUR | +6% |
| Locomotive Engineer | 3,400 EUR | -11% |
| Maintenance Engineer | 3,520 EUR | -7% |
| Maintenance Fitter | 1,250 EUR | -67% |
| Maintenance Manager | 3,810 EUR | +0% |
| Manufacturing Engineer | 3,540 EUR | -7% |
| Marine Engineer | 3,620 EUR | -5% |
| Materials Engineer | 3,460 EUR | -9% |
| Materials Researcher | 3,480 EUR | -8% |
| Materials Technician | 2,560 EUR | -33% |
| Mechanical and Electrical Engineer | 4,100 EUR | +8% |
| Mechanical Design Engineer | 3,750 EUR | -1% |
| Mechanical Designer | 3,290 EUR | -13% |
| Mechanical Engineer | 4,070 EUR | +7% |
| Mechanical Engineering Manager | 5,260 EUR | +38% |
| Mechanical Inspector | 3,540 EUR | -7% |
| Mechatronics Engineer | 3,830 EUR | +1% |
| Mining Engineer | 3,510 EUR | -8% |
| Nanotechnology Engineer | 3,770 EUR | -1% |
| Natural Language Processing Engineer | 4,150 EUR | +9% |
| Oil and Petrochemical Engineer | 3,920 EUR | +3% |
| Optical Engineer | 3,570 EUR | -6% |
| Optical Instrument Assembler | 1,830 EUR | -52% |
| PCB Assembler | 1,280 EUR | -66% |
| Photonics Engineer | 4,120 EUR | +8% |
| Photonics Technician | 3,290 EUR | -13% |
| Pipeline Engineer | 3,490 EUR | -8% |
| Piping Designer | 2,030 EUR | -47% |
| Piping Engineer | 3,350 EUR | -12% |
| Planning Engineer | 3,720 EUR | -2% |
| Pressure Vessel Inspector | 1,740 EUR | -54% |
| Principal Cost Engineer | 3,800 EUR | = |
| Principal Engineer | 3,570 EUR | -6% |
| Principal Support Engineer | 3,880 EUR | +2% |
| Process Engineer | 3,490 EUR | -8% |
| Process Operator | 2,090 EUR | -45% |
| Product Development Engineer | 3,970 EUR | +4% |
| Product Development Technician | 2,720 EUR | -28% |
| Product Engineer | 3,900 EUR | +3% |
| Product Safety Engineer | 3,620 EUR | -5% |
| Production Engineer | 3,660 EUR | -4% |
| Project Engineer | 3,880 EUR | +2% |
| Proposal Manager | 4,850 EUR | +28% |
| Purchasing Engineer | 3,250 EUR | -14% |
| Quality Assurance Engineer | 3,560 EUR | -6% |
| Rail Engineer | 3,540 EUR | -7% |
| Regional Field Engineer | 3,970 EUR | +4% |
| Remote Sensing Engineer | 3,800 EUR | = |
| Robotics Engineer | 4,240 EUR | +12% |
| Robotics Technician | 3,010 EUR | -21% |
| Safety Engineer | 3,810 EUR | +0% |
| Safety Inspector | 2,860 EUR | -25% |
| Safety Manager | 4,520 EUR | +19% |
| Safety Officer | 1,850 EUR | -51% |
| Sales Engineer | 3,910 EUR | +3% |
| Scheduling Engineer | 3,490 EUR | -8% |
| Security Engineer | 3,910 EUR | +3% |
| Service Engineer | 3,930 EUR | +3% |
| Smart Home Engineer | 3,930 EUR | +3% |
| Solar Engineer | 3,810 EUR | +0% |
| Staff Engineer | 3,490 EUR | -8% |
| Static Equipment Engineer | 3,570 EUR | -6% |
| Stationary Engineer | 3,320 EUR | -13% |
| Stress Engineer | 3,350 EUR | -12% |
| Structural Analysis Engineer | 3,460 EUR | -9% |
| Structural Designer | 3,160 EUR | -17% |
| Structural Engineer | 3,750 EUR | -1% |
| Structural Technician | 2,410 EUR | -37% |
| Subsea Engineer | 4,530 EUR | +19% |
| Supply Chain Specialist | 3,460 EUR | -9% |
| Surveyor | 2,870 EUR | -24% |
| Technical Affairs Officer | 1,940 EUR | -49% |
| Technical Assistant | 1,830 EUR | -52% |
| Technical Engineer | 3,170 EUR | -17% |
| Technical Support Engineer | 3,100 EUR | -18% |
| Tender Engineer | 3,290 EUR | -13% |
| Test Development Engineer | 3,600 EUR | -5% |
| Test Engineer | 3,670 EUR | -3% |
| Transportation Engineer | 3,550 EUR | -7% |
| Urban Engineer | 3,720 EUR | -2% |
| Validation Engineer | 3,220 EUR | -15% |
| Verification Engineer | 3,620 EUR | -5% |
| Wastewater Engineer | 3,600 EUR | -5% |
| Wind Energy Engineer | 3,570 EUR | -6% |
| Wind Energy Operations Manager | 5,070 EUR | +33% |
| Wireless Engineer | 4,090 EUR | +8% |
| Work Planner | 2,520 EUR | -34% |
Salary Comparison By City
| City | Average Salary |
| Berlin | 3,800 EUR |
| Dortmund | 3,210 EUR |
| Frankfurt | 3,420 EUR |
| Hamburg | 3,610 EUR |
| Munchen | 3,790 EUR |
| Stuttgart | 3,520 EUR |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Germany is 5% on average across all career fields.
| Private Sector | 3,740 EUR | |
| Public Sector | +5% | 3,910 EUR |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Principal Cost Engineer in Berlin?
A good and competitive compensation would range anywhere between 3,460 EUR and 3,920 EUR. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for a careers like Principal Cost Engineer in Berlin ranges from 1,980 EUR to 2,870 EUR. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn 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
