Average Bid Manager Salary in Greenland for 2024

In this article, we will look at the average Bid Manager salary for 2024 in Greenland and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the krone. To keep things simple, we are using the DKK currency code instead of the currency symbol kr..

How Much Does a Bid Manager Make in Greenland?

A Bid Manager working in Greenland will typically earn around 437,900 DKK per year, and this can range from the lowest average salary of about 209,500 DKK to the highest average salary of 689,900 DKK.

Average Annual Salary
437,900 DKK
Average Monthly Salary
36,491 DKK

Lowest Annual Salary
209,500 DKK
Lowest Monthly Salary
17,458 DKK

Highest Annual Salary
689,900 DKK
Highest Monthly Salary
57,491 DKK

These are average salaries for a Bid Manager in Greenland and include benefits such as housing and transport. It's also possible for a Bid Manager to earn more or less than the average salaries shown above.

Bid Manager salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Bid Manager Salaries in Greenland

So we've looked at the average salaries a Bid Manager will earn in Greenland. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Bid Manager can earn between 209,500 DKK and 689,900 DKK on average in Greenland. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Bid Manager in Greenland is 454,900 DKK. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 454,900 DKK, and 50% of the population earn more than 454,900 DKK.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Bid Manager salary in Greenland, 25% of the population are earning less than 301,800 DKK while 75% of the population earn more than 301,800 DKK.

75% of the population earn less than 596,100 DKK, and 25% of the population earn more than 596,100 DKK.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Bid Manager Salary by Experience Level in Greenland

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average bid manager salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Bid Manager in Greenland that has less than two years of experience can expect to earn somewhere in the region of 246,200 DKK.
  • 2 - 5 Years Experience. With two to five years of experience the average Bid Manager salary would increase to 348,300 DKK.
  • 5 - 10 Years Experience. From five to ten years of experience as a Bid Manager, the average salary would be 459,300 DKK.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 562,600 DKK.
  • 15 - 20 Years Experience. A Bid Manager with 15 to 20 years of experience can earn an average of 598,600 DKK.
  • 20+ Years Experience. For a Bid Manager with more than 20 years, the expected average salary increases to 659,400 DKK.

Average Salary by Experience Chart

0-2 Years
246,200 DKK
2-5 Years +42%
348,300 DKK
5-10 Years +31%
459,300 DKK
10-15 Years +23%
562,600 DKK
15-20 Years +6%
598,600 DKK
20+ Years +10%
659,400 DKK

Bid Manager Salary by Education Level in Greenland

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Bid Manager in Greenland based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Bid Manager in Greenland with a high school education can earn an average salary of 307,400 DKK.

  • Certificate or Diploma. A Bid Manager in Greenland with a certificate or diploma education can earn an average salary of 353,600 DKK.

  • Bachelor's Degree. A Bid Manager in Greenland with a bachelor's degree education can earn an average salary of 518,300 DKK.

  • Master's Degree. A Bid Manager in Greenland with a master's degree education can earn an average salary of 637,500 DKK.

Average Salary by Education Chart

High School
307,400 DKK
Certificate or Diploma +16%
353,600 DKK
Bachelor's Degree +46%
518,300 DKK
Master's Degree +23%
637,500 DKK

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Greenland is around 141,000 to 424,000 DKK and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Bid Manager Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Greenland, a male bid manager will earn an average of 466,300 DKK, while a female bid manager will earn around 428,400 DKK.

This means that a male bid manager earns approximately 9% more than a female bid manager for performing the same job.

Average Salary by Gender Chart in Greenland

Male
466,300 DKK
Female -9%
428,400 DKK

Bid Manager Average Pay Raise in Greenland

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Bid Manager in Greenland is around 9% every 28 months.

The national average pay raise across all professions and industries in Greenland is around 4% every 29 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 9 ÷ 28 ) × 12  = 4%

What this means is that a Bid Manager in Greenland can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Greenland for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Greenland.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Bid Manager Bonus and Incentive Rates in Greenland

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Bid Manager is a low bonus based job, with 40% of employees reporting at least one bonus in the last 12 months.

60% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 3% to 6%.

Received Bonus
40%
No Bonus
60%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Greenland earn approximately 20% more than private sector employees in the same role.

Public Sector
372,600 DKK
Private Sector -20%
309,800 DKK

Salaries for Jobs Similar to a Bid Manager

In the table below, we have salary information for jobs that are similar to a Bid Manager in Greenland.

Job Title Category Salary
Account Coordinator Executive and Management 308,300 DKK
Account Director Executive and Management 361,600 DKK
Account Executive Executive and Management 388,100 DKK
Account Manager Executive and Management 367,900 DKK
Administration Manager Executive and Management 348,300 DKK
Administration Officer Executive and Management 204,700 DKK
Administration Supervisor Executive and Management 311,700 DKK
Administrative Clerk Executive and Management 146,200 DKK
Administrative Officer Executive and Management 148,300 DKK
Area Director Executive and Management 339,100 DKK
Area Manager Executive and Management 348,300 DKK
Asset Protection Associate Executive and Management 386,400 DKK
Assistant Director Executive and Management 363,000 DKK
Assistant General Manager Executive and Management 386,400 DKK
Assistant Manager Executive and Management 406,300 DKK
Assistant Managing Director Executive and Management 436,200 DKK
Assistant Operations Manager Executive and Management 409,000 DKK
Assistant Project Manager Executive and Management 389,200 DKK
Assistant Section Head Executive and Management 314,500 DKK
Assistant to CEO Executive and Management 369,900 DKK
Assistant Vice President Executive and Management 392,300 DKK
Associate Account Director Executive and Management 384,500 DKK
Associate Director Executive and Management 396,300 DKK
Branch Manager Executive and Management 430,000 DKK
Business Development Manager Executive and Management 478,100 DKK
Business Operations Associate Executive and Management 390,000 DKK
Business Operations Lead Executive and Management 396,300 DKK
Campaign Manager Executive and Management 424,900 DKK
Catering Coordinator Executive and Management 222,300 DKK
Catering Manager Executive and Management 383,300 DKK
CEO Executive and Management 714,600 DKK
Chairman of The Board Executive and Management 679,200 DKK
Chairman Office Manager Executive and Management 485,200 DKK
Chief Commercial Officer Executive and Management 545,300 DKK
Chief Corporate Officer Executive and Management 592,600 DKK
Chief Executive Officer Executive and Management 743,300 DKK
Chief Financial Officer Executive and Management 680,100 DKK
Chief Investment Officer Executive and Management 519,300 DKK
Chief of Staff Executive and Management 327,300 DKK
Chief Operating Officer Executive and Management 548,500 DKK
Chief Risk Officer Executive and Management 485,300 DKK
Client Account Manager Executive and Management 442,300 DKK
Client Accounts Officer Executive and Management 367,900 DKK
Client Services Manager Executive and Management 451,000 DKK
Commercial Director Executive and Management 476,600 DKK
Commercial Manager Executive and Management 426,700 DKK
Commercial Project Manager Executive and Management 401,300 DKK
Commodity Broker Executive and Management 315,900 DKK
COO Executive and Management 525,700 DKK
Corporate Affairs Executive Executive and Management 442,200 DKK
Corporate Compliance Director Executive and Management 467,100 DKK
Corporate Director Executive and Management 485,300 DKK
Corporate Officer Executive and Management 330,900 DKK
Corporate Partnerships Officer Executive and Management 351,200 DKK
Country Manager Executive and Management 541,700 DKK
Department Head Executive and Management 450,300 DKK
Department Manager Executive and Management 445,100 DKK
Department Supervisor Executive and Management 378,300 DKK
Deputy Director Executive and Management 492,400 DKK
Deputy Manager Executive and Management 504,500 DKK
Director Executive and Management 582,700 DKK
Director of Accreditation Executive and Management 501,400 DKK
Director of Catering Services Executive and Management 444,300 DKK
Director of Client Services Executive and Management 478,100 DKK
Director of Facilities Management Executive and Management 401,300 DKK
Director of Operations Executive and Management 478,000 DKK
Director of Process Simplification Executive and Management 376,800 DKK
Director of Product Management Executive and Management 489,600 DKK
Director of Project Management Executive and Management 513,300 DKK
Director of Revenue Management Executive and Management 466,300 DKK
Director of Training and Development Executive and Management 457,300 DKK
Distribution Manager Executive and Management 483,400 DKK
Division Manager Executive and Management 420,800 DKK
Duty Manager Executive and Management 411,400 DKK
Engagement Manager Executive and Management 528,600 DKK
Executive Director Executive and Management 683,400 DKK
Executive Manager Executive and Management 619,000 DKK
Franchise Manager Executive and Management 626,800 DKK
General Manager Executive and Management 587,800 DKK
Global Master Data Manager Executive and Management 499,300 DKK
Global Technical Lead Executive and Management 348,300 DKK
Head of Investment Executive and Management 483,400 DKK
Head of Middle Office Executive and Management 433,800 DKK
Head of Projects Executive and Management 492,400 DKK
Head of Strategy Executive and Management 535,900 DKK
Head of Supply Chain Executive and Management 430,000 DKK
Head of Sustainability Executive and Management 388,100 DKK
Housing Manager Executive and Management 394,800 DKK
HSE Manager Executive and Management 419,400 DKK
Key Account Manager Executive and Management 394,800 DKK
Knowledge Manager Executive and Management 478,000 DKK
Location Manager Executive and Management 448,500 DKK
Logistics Executive Executive and Management 386,400 DKK
Logistics Manager Executive and Management 384,200 DKK
Management Consultant Executive and Management 394,800 DKK
Management Executive Executive and Management 514,800 DKK
Manager Executive and Management 471,700 DKK
Managing Director Executive and Management 587,800 DKK
MIS Executive Executive and Management 485,300 DKK
Ocean Services Manager Executive and Management 501,400 DKK
Operational Manager Executive and Management 485,200 DKK
Operations Analyst Executive and Management 433,400 DKK
Operations Assistant Executive and Management 348,300 DKK
Operations Director Executive and Management 559,000 DKK
Operations Executive Executive and Management 516,100 DKK
Operations Manager Executive and Management 518,300 DKK
Operations Supervisor Executive and Management 466,300 DKK
Planning Director Executive and Management 510,300 DKK
PMO Manager Executive and Management 433,400 DKK
Policy Administration Executive Executive and Management 424,900 DKK
Private Sector Executive Executive and Management 414,000 DKK
Product Development Manager Executive and Management 475,700 DKK
Product Executive Executive and Management 421,400 DKK
Production Executive Executive and Management 478,000 DKK
Production Manager Executive and Management 514,300 DKK
Production Supervisor Executive and Management 394,500 DKK
Program Director Executive and Management 507,300 DKK
Program Manager Executive and Management 516,100 DKK
Programme Coordinator Executive and Management 351,200 DKK
Project Control Manager Executive and Management 492,700 DKK
Project Coordinator Executive and Management 296,000 DKK
Project Management Officer Executive and Management 335,100 DKK
Project Manager Executive and Management 352,000 DKK
Project Portfolio Manager Executive and Management 371,100 DKK
Quality Manager Executive and Management 412,000 DKK
R/D Director Executive and Management 437,300 DKK
Regional Director Executive and Management 691,200 DKK
Regional Manager Executive and Management 514,300 DKK
Relationship Manager Executive and Management 491,000 DKK
Retail District Manager Executive and Management 352,000 DKK
Revenue Manager Executive and Management 382,600 DKK
Risk and Capital Manager Executive and Management 563,000 DKK
Risk Officer Executive and Management 369,300 DKK
Safety Manager Executive and Management 369,300 DKK
Section Head Executive and Management 388,100 DKK
Service Manager Executive and Management 394,800 DKK
Shift Supervisor Executive and Management 307,400 DKK
Solutions Manager Executive and Management 353,600 DKK
Supervisor Executive and Management 301,800 DKK
Supply Chain Manager Executive and Management 533,100 DKK
Surveyor Executive and Management 330,900 DKK
Technical Director Executive and Management 462,300 DKK
Technical Manager Executive and Management 489,600 DKK
Territory Manager Executive and Management 472,100 DKK
Validation Manager Executive and Management 396,300 DKK
Vice President Executive and Management 581,300 DKK
Zone Manager Executive and Management 492,400 DKK

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