Average Engineering Project Analyst Salary in Åland Islands for 2024

In this article, we will look at the average Engineering Project Analyst salary for 2024 in Åland Islands 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 Euro. To keep things simple, we are using the EUR currency code instead of the currency symbol €.

How Much Does an Engineering Project Analyst Make in Åland Islands?

An Engineering Project Analyst working in Åland Islands will typically earn around 46,840 EUR per year, and this can range from the lowest average salary of about 24,820 EUR to the highest average salary of 67,320 EUR.

Average Annual Salary
46,840 EUR
Average Monthly Salary
3,903 EUR

Lowest Annual Salary
24,820 EUR
Lowest Monthly Salary
2,068 EUR

Highest Annual Salary
67,320 EUR
Highest Monthly Salary
5,610 EUR

These are average salaries for an Engineering Project Analyst in Åland Islands and include benefits such as housing and transport. It's also possible for an Engineering Project Analyst to earn more or less than the average salaries shown above.

Engineering Project Analyst 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 Engineering Project Analyst Salaries in Åland Islands

So we've looked at the average salaries an Engineering Project Analyst will earn in Åland Islands. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Engineering Project Analyst can earn between 24,820 EUR and 67,320 EUR on average in Åland Islands. 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 an Engineering Project Analyst in Åland Islands is 44,140 EUR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 44,140 EUR, and 50% of the population earn more than 44,140 EUR.

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 Engineering Project Analyst salary in Åland Islands, 25% of the population are earning less than 32,020 EUR while 75% of the population earn more than 32,020 EUR.

75% of the population earn less than 52,300 EUR, and 25% of the population earn more than 52,300 EUR.

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.

Engineering Project Analyst Salary by Experience Level in Åland Islands

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 engineering project analyst 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. An Engineering Project Analyst in Åland Islands that has less than two years of experience can expect to earn somewhere in the region of 25,440 EUR.
  • 2 - 5 Years Experience. With two to five years of experience the average Engineering Project Analyst salary would increase to 34,380 EUR.
  • 5 - 10 Years Experience. From five to ten years of experience as an Engineering Project Analyst, the average salary would be 47,760 EUR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 58,200 EUR.
  • 15 - 20 Years Experience. An Engineering Project Analyst with 15 to 20 years of experience can earn an average of 62,060 EUR.
  • 20+ Years Experience. For an Engineering Project Analyst with more than 20 years, the expected average salary increases to 63,400 EUR.

Average Salary by Experience Chart

0-2 Years
25,440 EUR
2-5 Years +34%
34,380 EUR
5-10 Years +30%
47,760 EUR
10-15 Years +21%
58,200 EUR
15-20 Years +9%
62,060 EUR
20+ Years +5%
63,400 EUR

Engineering Project Analyst Salary by Education Level in Åland Islands

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 an Engineering Project Analyst in Åland Islands based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. An Engineering Project Analyst in Åland Islands with a bachelor's degree education can earn an average salary of 37,380 EUR.

  • Master's Degree. An Engineering Project Analyst in Åland Islands with a master's degree education can earn an average salary of 53,600 EUR.

Average Salary by Education Chart

Bachelor's Degree
37,380 EUR
Master's Degree +39%
53,600 EUR

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 Åland Islands is around 18,200 to 54,600 EUR 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.

Engineering Project Analyst 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 Åland Islands, a male engineering project analyst will earn an average of 47,720 EUR, while a female engineering project analyst will earn around 41,820 EUR.

This means that a male engineering project analyst earns approximately 14% more than a female engineering project analyst for performing the same job.

Average Salary by Gender Chart in Åland Islands

Male
47,720 EUR
Female -14%
41,820 EUR

Engineering Project Analyst Average Pay Raise in Åland Islands

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 an Engineering Project Analyst in Åland Islands is around 8% every 29 months.

The national average pay raise across all professions and industries in Åland Islands is around 5% every 28 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 = ( 8 ÷ 29 ) × 12  = 3%

What this means is that an Engineering Project Analyst in Åland Islands can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Åland Islands for 2024

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

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

Banking
2%
Energy
4%
Information Technology
6%
Healthcare
8%
Travel
1%
Construction
3%
Education
5%

Engineering Project Analyst Bonus and Incentive Rates in Åland Islands

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.

An Engineering Project Analyst is a low bonus based job, with 35% of employees reporting at least one bonus in the last 12 months.

65% 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 5%.

Received Bonus
35%
No Bonus
65%

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 Åland Islands earn approximately 17% more than private sector employees in the same role.

Public Sector
47,120 EUR
Private Sector -17%
40,240 EUR

Salaries for Jobs Similar to an Engineering Project Analyst

In the table below, we have salary information for jobs that are similar to an Engineering Project Analyst in Åland Islands.

Job Title Category Salary
Acoustics Engineer Engineering 35,420 EUR
Assembly Engineering Technician Engineering 31,540 EUR
Assistant Chief Engineer Engineering 41,480 EUR
Associate Engineer Engineering 35,340 EUR
AutoCAD Drafter Engineering 22,400 EUR
Autocad Operator Engineering 25,220 EUR
Automation Engineer Engineering 41,560 EUR
Automation Engineer Engineering 44,300 EUR
Avionic System Support Engineer Engineering 39,160 EUR
Biochemical Engineer Engineering 36,020 EUR
BMS Engineer Engineering 36,720 EUR
Bridge and Lock Tender Engineering 21,300 EUR
Broadcast Engineer Engineering 40,040 EUR
CAD Design Engineer Engineering 39,420 EUR
CAD Designer Engineering 23,080 EUR
CAE Engineer Engineering 39,960 EUR
Ceramics Engineer Engineering 37,200 EUR
Chemical Engineer Engineering 38,700 EUR
Civil Drafter Engineering 27,040 EUR
Civil Engineer Engineering 41,980 EUR
Civil Site Engineer Engineering 42,400 EUR
Civil Technician Engineering 23,080 EUR
Commissioning Engineer Engineering 38,780 EUR
Communications Engineer Engineering 43,760 EUR
Condition Monitoring Engineer Engineering 34,160 EUR
Contract Associate Engineer Engineering 40,140 EUR
Contract Engineer Engineering 39,960 EUR
Control Systems Engineer Engineering 42,320 EUR
Controls Engineer Engineering 39,420 EUR
Controls Software Engineer Engineering 36,020 EUR
Corrosion Engineer Engineering 34,360 EUR
Design Engineer Engineering 38,340 EUR
Director of Engineering Engineering 84,740 EUR
Drafter Engineering 23,360 EUR
Drafting Manager Engineering 46,160 EUR
Drilling Engineer Engineering 36,020 EUR
Drilling Foreman Engineering 11,040 EUR
Electrical Draughtsman Engineering 21,020 EUR
Electrical Engineer Engineering 43,260 EUR
Electrical Engineering Manager Engineering 55,580 EUR
Electromechanical Engineering Technologist Engineering 40,600 EUR
Electromechanical Equipment Assembler Engineering 21,020 EUR
Energy Engineer Engineering 41,820 EUR
Engine Assembler Engineering 19,200 EUR
Engineer Engineering 42,400 EUR
Engineering Account Manager Engineering 43,520 EUR
Engineering Chief Designer Engineering 44,540 EUR
Engineering Consultant Engineering 53,320 EUR
Engineering Key Account Manager Engineering 60,180 EUR
Engineering Lab Technician Engineering 38,180 EUR
Engineering Manager Engineering 55,140 EUR
Engineering Planning Manager Engineering 58,440 EUR
Engineering Production Manager Engineering 70,880 EUR
Engineering Project Coordinator Engineering 46,840 EUR
Engineering Project Director Engineering 80,280 EUR
Engineering Project Leader Engineering 52,540 EUR
Engineering Project Manager Engineering 54,500 EUR
Engineering Research and Development Manager Engineering 64,180 EUR
Engineering Safety Coordinator Engineering 31,980 EUR
Engineering Sales Manager Engineering 56,100 EUR
Engineering Technician Engineering 29,160 EUR
Engineering Technologist Engineering 31,400 EUR
Environmental Engineer Engineering 36,720 EUR
Equipment Engineer Engineering 35,000 EUR
Equipment Engineering Manager Engineering 50,180 EUR
Estimator Engineering 34,380 EUR
Fabrication Specialist Engineering 27,480 EUR
Fabricator Engineering 17,740 EUR
Facade Engineer Engineering 35,420 EUR
Fiber Analyst Engineering 23,260 EUR
Field Engineer Engineering 42,460 EUR
Field Engineering Manager Engineering 66,260 EUR
Fire Engineer Engineering 38,620 EUR
Fitter and Turner Engineering 12,120 EUR
Forestry Strategic Planner Engineering 47,580 EUR
Generation Engineer Engineering 44,300 EUR
Genetic Engineer Engineering 41,480 EUR
Geological Engineer Engineering 44,180 EUR
Geotechnical Engineer Engineering 42,040 EUR
Heavy Equipment Mechanic Engineering 21,640 EUR
Highway Engineer Engineering 38,620 EUR
HSE Professional Engineering 39,080 EUR
HVAC Engineer Engineering 44,180 EUR
HVAC Supervisor Engineering 34,360 EUR
Industrial Engineer Engineering 36,720 EUR
Industrial Engineering Technologist Engineering 38,620 EUR
Instrument Engineer Engineering 36,020 EUR
Instrument Technician Engineering 23,380 EUR
Instrumentation and Control Engineer Engineering 39,560 EUR
Instrumentation Designer Engineering 35,300 EUR
Instrumentation Engineer Engineering 40,640 EUR
Instrumentation Manager Engineering 41,980 EUR
Irrigation Engineer Engineering 39,080 EUR
Licensed Aircraft Engineer Engineering 41,480 EUR
Locomotive Engineer Engineering 42,040 EUR
Maintenance Engineer Engineering 37,380 EUR
Maintenance Fitter Engineering 14,660 EUR
Maintenance Manager Engineering 42,460 EUR
Manufacturing Engineer Engineering 39,960 EUR
Marine Engineer Engineering 41,660 EUR
Materials Engineer Engineering 38,700 EUR
Materials Researcher Engineering 36,800 EUR
Materials Technician Engineering 28,900 EUR
Mechanical and Electrical Engineer Engineering 42,960 EUR
Mechanical Design Engineer Engineering 45,200 EUR
Mechanical Designer Engineering 34,120 EUR
Mechanical Engineer Engineering 41,480 EUR
Mechanical Engineering Manager Engineering 57,080 EUR
Mechanical Inspector Engineering 36,020 EUR
Mechatronics Engineer Engineering 40,600 EUR
Mining Engineer Engineering 41,700 EUR
Oil and Petrochemical Engineer Engineering 45,600 EUR
Optical Engineer Engineering 40,140 EUR
Optical Instrument Assembler Engineering 19,160 EUR
PCB Assembler Engineering 12,240 EUR
Photonics Engineer Engineering 43,760 EUR
Photonics Technician Engineering 36,580 EUR
Pipeline Engineer Engineering 36,800 EUR
Piping Designer Engineering 23,520 EUR
Piping Engineer Engineering 36,020 EUR
Planning Engineer Engineering 40,600 EUR
Pressure Vessel Inspector Engineering 19,640 EUR
Principal Cost Engineer Engineering 39,420 EUR
Principal Engineer Engineering 39,080 EUR
Principal Support Engineer Engineering 39,800 EUR
Process Engineer Engineering 39,420 EUR
Process Operator Engineering 22,340 EUR
Product Development Engineer Engineering 44,180 EUR
Product Development Technician Engineering 27,020 EUR
Product Engineer Engineering 44,180 EUR
Product Safety Engineer Engineering 36,580 EUR
Production Engineer Engineering 41,180 EUR
Project Engineer Engineering 41,820 EUR
Proposal Manager Engineering 51,900 EUR
Purchasing Engineer Engineering 38,680 EUR
Quality Assurance Engineer Engineering 38,780 EUR
Rail Engineer Engineering 42,400 EUR
Regional Field Engineer Engineering 45,620 EUR
Robotics Engineer Engineering 43,340 EUR
Robotics Technician Engineering 33,120 EUR
Safety Engineer Engineering 42,460 EUR
Safety Inspector Engineering 31,520 EUR
Safety Manager Engineering 44,780 EUR
Safety Officer Engineering 21,540 EUR
Sales Engineer Engineering 43,340 EUR
Scheduling Engineer Engineering 37,800 EUR
Service Engineer Engineering 40,640 EUR
Solar Engineer Engineering 42,320 EUR
Staff Engineer Engineering 40,420 EUR
Static Equipment Engineer Engineering 36,020 EUR
Stationary Engineer Engineering 36,580 EUR
Stress Engineer Engineering 36,700 EUR
Structural Analysis Engineer Engineering 39,560 EUR
Structural Designer Engineering 35,560 EUR
Structural Engineer Engineering 41,980 EUR
Structural Technician Engineering 26,080 EUR
Supply Chain Specialist Engineering 37,800 EUR
Surveyor Engineering 28,860 EUR
Technical Affairs Officer Engineering 21,020 EUR
Technical Assistant Engineering 21,640 EUR
Technical Engineer Engineering 35,560 EUR
Technical Support Engineer Engineering 34,160 EUR
Tender Engineer Engineering 35,340 EUR
Test Development Engineer Engineering 38,340 EUR
Test Engineer Engineering 40,560 EUR
Transportation Engineer Engineering 40,420 EUR
Validation Engineer Engineering 37,200 EUR
Verification Engineer Engineering 39,160 EUR
Wastewater Engineer Engineering 40,560 EUR
Wind Energy Engineer Engineering 41,180 EUR
Wind Energy Operations Manager Engineering 55,140 EUR
Work Planner Engineering 26,860 EUR

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