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Project Manager Average Salary in Bulgaria 2024

How much money does a person working as Project Manager make in Bulgaria?

Average Monthly Salary
3,780 BGN
( 45,400 BGN yearly)

All salary figures displayed here are per month except when noted otherwise.
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.

A person working as Project Manager in Bulgaria typically earns around 3,780 BGN. Salaries range from 1,970 BGN (lowest) to 5,780 BGN (highest).

Salary Variance

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

Project Manager Pay Scale and Salaries in Bulgaria

Median and salary distribution Bulgaria Project Manager monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
3,420 BGN or more
10% of people earn
3,050 to 3,420 BGN
20% of people earn
2,230 BGN or less
65% of people earn
2,230 to 3,050 BGN
Minimum Salary
1,970 BGN
3,440 BGN
5,780 BGN

Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Project Manager in Bulgaria range from 1,970 BGN (starting salary) to 5,780 BGN (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 3,440 BGN, half of the professionals who work as Project Manager in Bulgaria 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 Project Manager in Bulgaria earn less than 2,850 BGN, while 75% earn more. Similarly, the chart shows that 75% earn less than 3,900 BGN 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 Project Manager in Bulgaria compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 2,230 BGN to 3,050 BGN. About 20% of salaries are below the 2,230 BGN mark, while 10% fall within the range of 3,050 BGN to 3,420 BGN. Only 5% of individuals have salaries exceeding 3,420 BGN.

Salary Comparison by Years of Experience / Project Manager / Bulgaria

How do experience and age affect pay?

0 - 2 Years
2,230 BGN
2 - 5 Years+34%
3,000 BGN
5 - 10 Years+30%
3,890 BGN
10 - 15 Years+21%
4,710 BGN
15 - 20 Years+9%
5,150 BGN
20+ Years+5%
5,420 BGN
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Bulgaria 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 the wage. We broke down salaries by experience level for people working as Project Manager and this is what we found.

All salary figures displayed here are per month except when noted otherwise.

Employees with less than two years of experience earn approximately 2,230 BGN.

While someone with an experience level between two and five years is expected to earn 3,000 BGN, 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 3,890 BGN, 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 4,710 BGN, 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 5,150 BGN, 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 5,420 BGN, 5% more than people with fifteen to twenty 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.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Project Manager / Bulgaria

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Project Manager.

High School
2,690 BGN
Certificate or Diploma+14%
3,070 BGN
Bachelor's Degree+41%
4,330 BGN
Master's Degree+21%
5,250 BGN
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Bulgaria 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 salaries by education level for the position Project Manager in order to make a comparison.

Level 1: High School

Employees at this education level have an average salary of 2,690 BGN.

Level 2: Certificate or Diploma

At this level, the average salary becomes 3,070 BGN, 14% more than the previous level.

Level 3: Bachelor's Degree

At this level, the average salary becomes 4,330 BGN, 41% more than the previous level.

Level 4: Master's Degree

At this level, the average salary becomes 5,250 BGN, 21% 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 Bulgaria costs anywhere from 16,600 BGN to 49,700 BGN 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 Comparison By Education Level
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Salary and Compensation Comparison By Gender / Project Manager / Bulgaria

Salary comparison by gender Bulgaria Project Manager monthly
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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? For the people who work as Project Manager in Bulgaria, the average difference between the salary of male and female employees is 6%.

3,910 BGN
3,680 BGN
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Bulgaria for all Careers

Salary comparison by gender monthly Bulgaria
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Average Annual Salary Increment Percentage / Project Manager / Bulgaria

How much are annual salary increments in Bulgaria for individuals working as Project Manager? How often do employees get salary raises?

Individuals working as Project Manager in Bulgaria are likely to observe a salary increase of approximately 11% every 19 months. The national average annual increment for all professions combined is 7% granted to employees every 20 months.

Annual Salary Increment Rate Bulgaria 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.

Bulgaria / All Professions

Annual Salary Increment Rate Bulgaria
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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

The average salary increase in one year (12 months) in Bulgaria is 4%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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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 / Project Manager / Bulgaria

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Bulgaria Project Manager
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24% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 76% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 6% to 8% of their annual salary.

Received Bonus
No Bonus

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.

A graphics designer working for a graphics designing company.

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.

Average Hourly Wage / Project Manager / Bulgaria

22 BGN per hour

The average hourly wage (pay per hour) for individuals working as Project Manager in Bulgaria is 22 BGN.This is the rate they get paid for every worked hour.

Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

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 Project Manager in Bulgaria is 11 BGN. 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 TitleAverage Salary
Executive and Management-100%
Account Coordinator3,080 BGN-19%
Account Director3,650 BGN-3%
Account Executive3,680 BGN-3%
Account Manager3,520 BGN-7%
Administration Manager3,600 BGN-5%
Administration Officer1,980 BGN-48%
Administration Supervisor3,200 BGN-15%
Administrative Clerk1,460 BGN-61%
Administrative Officer1,440 BGN-62%
Area Director3,440 BGN-9%
Area Manager3,660 BGN-3%
Asset Protection Associate3,900 BGN+3%
Assistant Director3,890 BGN+3%
Assistant General Manager3,980 BGN+5%
Assistant Manager4,000 BGN+6%
Assistant Managing Director4,600 BGN+22%
Assistant Operations Manager4,590 BGN+21%
Assistant Project Manager4,060 BGN+7%
Assistant Section Head3,260 BGN-14%
Assistant to CEO3,560 BGN-6%
Assistant Vice President4,150 BGN+10%
Associate Account Director3,960 BGN+5%
Associate Director4,010 BGN+6%
Bid Manager4,270 BGN+13%
Branch Manager4,350 BGN+15%
Business Development Manager4,770 BGN+26%
Business Operations Associate3,780 BGN=
Business Operations Lead4,030 BGN+7%
Campaign Manager4,370 BGN+16%
Catering Coordinator2,330 BGN-38%
Catering Manager3,710 BGN-2%
CEO7,760 BGN+110%
Chairman of The Board7,280 BGN+93%
Chairman Office Manager4,950 BGN+31%
Chief Commercial Officer5,220 BGN+38%
Chief Corporate Officer6,220 BGN+65%
Chief Digital Officer5,010 BGN+33%
Chief Digital Strategy Officer5,290 BGN+40%
Chief Digital Transformation Officer5,110 BGN+35%
Chief Ethics Officer4,490 BGN+19%
Chief Executive Officer7,850 BGN+110%
Chief Financial Officer6,890 BGN+82%
Chief Investment Officer5,360 BGN+42%
Chief of Staff3,420 BGN-10%
Chief Operating Officer5,510 BGN+46%
Chief Privacy Officer4,560 BGN+21%
Chief Resilience Officer5,400 BGN+43%
Chief Risk Officer4,800 BGN+27%
Chief Strategy Officer6,030 BGN+60%
Chief Trust and Safety Officer4,920 BGN+30%
Client Account Manager4,310 BGN+14%
Client Accounts Officer3,760 BGN-1%
Client Services Manager4,830 BGN+28%
Commercial Director5,170 BGN+37%
Commercial Manager4,390 BGN+16%
Commercial Project Manager4,160 BGN+10%
Commodity Broker2,980 BGN-21%
COO5,450 BGN+44%
Corporate Affairs Executive4,310 BGN+14%
Corporate Compliance Director4,940 BGN+31%
Corporate Director5,360 BGN+42%
Corporate Officer3,660 BGN-3%
Corporate Partnerships Officer3,630 BGN-4%
Country Manager5,830 BGN+54%
Department Head4,480 BGN+19%
Department Manager4,630 BGN+22%
Department Supervisor4,130 BGN+9%
Deputy Director5,180 BGN+37%
Deputy Manager5,200 BGN+38%
Director5,980 BGN+58%
Director of Accreditation5,020 BGN+33%
Director of Catering Services4,660 BGN+23%
Director of Client Services4,680 BGN+24%
Director of Facilities Management3,990 BGN+6%
Director of Operations4,770 BGN+26%
Director of Process Simplification4,050 BGN+7%
Director of Product Management4,950 BGN+31%
Director of Project Management5,200 BGN+38%
Director of Revenue Management4,730 BGN+25%
Director of Training and Development5,000 BGN+32%
Distribution Manager5,010 BGN+33%
Division Manager4,210 BGN+11%
Duty Manager4,390 BGN+16%
Engagement Manager5,270 BGN+39%
Executive Director7,450 BGN+97%
Executive Manager6,330 BGN+67%
Franchise Manager6,380 BGN+69%
General Manager6,080 BGN+61%
Generational Consultant3,940 BGN+4%
Global Master Data Manager5,440 BGN+44%
Global Technical Lead3,610 BGN-4%
Head of Investment4,810 BGN+27%
Head of Middle Office4,850 BGN+28%
Head of Projects4,990 BGN+32%
Head of Strategy5,420 BGN+43%
Head of Supply Chain4,570 BGN+21%
Head of Sustainability4,340 BGN+15%
Housing Manager3,830 BGN+1%
HSE Manager3,930 BGN+4%
Innovation Manager4,220 BGN+12%
Key Account Manager4,280 BGN+13%
Knowledge Manager4,620 BGN+22%
Location Manager4,540 BGN+20%
Logistics Executive3,890 BGN+3%
Logistics Manager3,980 BGN+5%
Management Consultant3,860 BGN+2%
Management Executive5,550 BGN+47%
Manager4,990 BGN+32%
Managing Director6,050 BGN+60%
MIS Executive4,860 BGN+29%
Ocean Services Manager5,220 BGN+38%
Online Business Manager7,340 BGN+94%
Operational Manager5,410 BGN+43%
Operations Analyst4,360 BGN+15%
Operations Assistant3,490 BGN-8%
Operations Director5,660 BGN+50%
Operations Executive5,390 BGN+43%
Operations Manager5,750 BGN+52%
Operations Supervisor4,410 BGN+17%
Planning Director5,510 BGN+46%
PMO Manager4,850 BGN+28%
Policy Administration Executive4,270 BGN+13%
Private Sector Executive4,630 BGN+22%
Product Development Manager4,980 BGN+32%
Product Executive4,340 BGN+15%
Production Executive4,920 BGN+30%
Production Manager4,950 BGN+31%
Production Supervisor4,080 BGN+8%
Program Director5,310 BGN+40%
Program Manager5,450 BGN+44%
Programme Coordinator3,650 BGN-3%
Project Control Manager5,390 BGN+43%
Project Coordinator3,120 BGN-17%
Project Management Officer3,560 BGN-6%
Project Manager3,780 BGN=
Project Portfolio Manager4,160 BGN+10%
Quality Manager4,210 BGN+11%
R/D Director4,410 BGN+17%
Regional Director6,700 BGN+77%
Regional Manager5,250 BGN+39%
Relationship Manager4,990 BGN+32%
Retail District Manager3,500 BGN-7%
Revenue Manager3,840 BGN+2%
Risk and Capital Manager5,870 BGN+55%
Risk Officer3,670 BGN-3%
Safety Manager3,630 BGN-4%
Section Head3,760 BGN-1%
Service Manager3,910 BGN+3%
Shift Supervisor3,130 BGN-17%
Solutions Manager3,420 BGN-10%
Supervisor3,210 BGN-15%
Supply Chain Manager5,370 BGN+42%
Surveyor3,450 BGN-9%
Technical Director4,900 BGN+30%
Technical Manager4,800 BGN+27%
Territory Manager4,840 BGN+28%
Validation Manager4,200 BGN+11%
Vice President5,880 BGN+56%
Zone Manager5,240 BGN+39%

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 Bulgaria is 9% on average across all career fields.

Private Sector
3,140 BGN
Public Sector+9%
3,440 BGN
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Project Manager in Bulgaria?

A good and competitive compensation would range anywhere between 3,440 BGN and 3,900 BGN. 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 Project Manager in Bulgaria ranges from 1,970 BGN to 2,850 BGN. 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

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