The career of project management is not limited to any particular industry. All industries have demands for skilled product managers who can deal with the management tasks for their organisations. A country like Germany which always has several developments taking place throughout the year, never runs out for the demand of the product managers. So if you are planning to pursue product management in Germany then it sure is a good idea as it will give you an abundance of opportunities and self-development chances. Let’s dive deep into the details of Project manager salary in Germany and see if the job is rewarding.
This Blog Includes:
- Average Project Manager Salary In Germany
- Project Manager Salary In Germany For Different Experience Levels
- Project Manager Salary In Germany For Different Education Levels
- Project Manager Salary In Germany In Different Sectors
- Project Manager Salary In Germany In Different Cities
- Project Manager Salary In Germany Compared To Similar Professions
- FAQs
Average Project Manager Salary In Germany
Project management is a very prominent career. The growth in the field is very high and so is the competition. You can earn a fortune working as a product manager in the country if you have relevant skills and experience in the field. Let’s say the average salary of a product manager in Germany per year is 60,460 EUR
Product manager’s Average highest yearly salary | 97,880 EUR |
Product manager’s Average lowest yearly salary | 26,860 EUR |
Speaking about the salary average on a monthly basis for better understanding. The monthly pay of a lifeguard is 5,038 EUR.
Product manager’s Average highest monthly salary | 8,156 EUR |
Product manager’s Average lowest monthly salary | 2,238 EUR |
Here is how to Know about the High Demand for Jobs in Germany
Project Manager Salary In Germany For Different Experience Levels
Project management is an important job role. There are a lot of responsibilities that a project manager needs to handle. You must not only have the skills to handle these responsibilities but also an abundance of confidence and a challenging attitude. This confidence is acquired with experience. You as a project manager can easily make a salary 34% higher just by having 2 to 5 years of experience in the domain. To understand this better, refer to the following image.
Project Manager Salary In Germany For Different Education Levels
The theoretical education of the subjects determines the knowledge an employee will have in the subject. This knowledge is what the employees are paid for. You will certainly have the right to demand a better salary if you have better skills and knowledge. Therefore education level is a very important determinant of the salary. You can earn around 31% higher pay if you have a master’s degree in product management easily compared to employees with a bachelor’s degree.
Education | Salary per year |
High school | 38,340 EUR |
Diploma | 48,820 EUR |
Bachelor’s degree | 66,120 EUR |
Master’s degree | 87,640 EUR |
Students Favourable Internships in Germany
Project Manager Salary In Germany In Different Sectors
Germany is a country that has two different working sectors. One sector is government owned and the other is privately run sector. There is a difference in rules and regulations in those sectors. The difference is also in eh benefits for the employees, including the salary. The salaries of employees in both sectors differ by some ratio. The difference in the salary is 8% i.e. government sector employees earn 8% of extra salary compared to public sector employees.
Sector | Salary Per Year |
Public sector | 48,200 EUR |
Private sector | 44,540 EUR |
Project Manager Salary In Germany In Different Cities
A project manager may have a difference in the average salary in different cities of Germany as the different cities have different requirements. You may find a city of the same country paying you a very good salary and some cities paying a very low salary. Comparing all the images will help you find out the best city to work in.
Project Manager Salary In Germany Compared To Similar Professions
The table below contains several similar professions to project management and the average salary paid to them. This will help you compare the averages for multiple professions from the same industry and see if the profession is paying well.
Profession | Salary per year |
Business advisor | 53,160 EUR |
Business Consultant | 57,360 EUR |
Business Manager | 63,320 EUR |
Data Executive | 26,860 EUR |
Data processing manager | 49,020 EUR |
Cost estimator | 34,120 EUR |
Cost controller | 38,340 EUR |
Material planner | 25,940 EUR |
General manager | 57,080 EUR |
Estimating manager | 66,020 EUR |
Learn about these Best part-time jobs in Germany
FAQs
Yes, it is great to be a project manager in Germany. The country is all time developing and the opportunities are always increasing. You will get a good number of opportunities and a very competitive salary. The exposure and balance are also great in the field. If you have good experience and goof education, them you may also earn a fortune working as product manager in Germany.
No, the amount of salary for both males and females is not the same. There is a slight difference in the salary. Females are earning around 3% lower income compared to the males in the same field for the same work.
The scope of pay raise in the job of a product manager is not very high rather moderate. Your pay raise will depend upon your performance and your employer. However, you can expect an average pay raise of 10% every 12 months.
This was all about the Project Manager Salary In Germany. To read more such informative blogs on jobs and salary-related topics, follow Jobs Abroad. To learn about studying abroad, follow Leverage Edu. Comment below for any suggestions or doubts.
Relevant Reads