Average Mining Project Manager Salary in Serbia for 2024

In this article, we will look at the average Mining Project Manager salary for 2024 in Serbia 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 Serbian dinar. To keep things simple, we are using the RSD currency code instead of the currency symbol дин..

How Much Does a Mining Project Manager Make in Serbia?

A Mining Project Manager working in Serbia will typically earn around 1,896,700 RSD per year, and this can range from the lowest average salary of about 988,600 RSD to the highest average salary of 2,902,500 RSD.

Average Annual Salary
1,896,700 RSD
Average Monthly Salary
158,058 RSD

Lowest Annual Salary
988,600 RSD
Lowest Monthly Salary
82,383 RSD

Highest Annual Salary
2,902,500 RSD
Highest Monthly Salary
241,875 RSD

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

Mining Project 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 Mining Project Manager Salaries in Serbia

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

Salary ranges

We already know that a Mining Project Manager can earn between 988,600 RSD and 2,902,500 RSD on average in Serbia. 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 Mining Project Manager in Serbia is 1,825,000 RSD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 1,825,000 RSD, and 50% of the population earn more than 1,825,000 RSD.

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 Mining Project Manager salary in Serbia, 25% of the population are earning less than 1,259,300 RSD while 75% of the population earn more than 1,259,300 RSD.

75% of the population earn less than 2,266,400 RSD, and 25% of the population earn more than 2,266,400 RSD.

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.

Mining Project Manager Salary by Experience Level in Serbia

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 mining project 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 Mining Project Manager in Serbia that has less than two years of experience can expect to earn somewhere in the region of 1,122,900 RSD.
  • 2 - 5 Years Experience. With two to five years of experience the average Mining Project Manager salary would increase to 1,500,800 RSD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Mining Project Manager, the average salary would be 1,955,300 RSD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 2,362,300 RSD.
  • 15 - 20 Years Experience. A Mining Project Manager with 15 to 20 years of experience can earn an average of 2,593,900 RSD.
  • 20+ Years Experience. For a Mining Project Manager with more than 20 years, the expected average salary increases to 2,724,700 RSD.

Average Salary by Experience Chart

0-2 Years
1,122,900 RSD
2-5 Years +34%
1,500,800 RSD
5-10 Years +30%
1,955,300 RSD
10-15 Years +21%
2,362,300 RSD
15-20 Years +9%
2,593,900 RSD
20+ Years +5%
2,724,700 RSD

Mining Project Manager Salary by Education Level in Serbia

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 Mining Project Manager in Serbia 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. A Mining Project Manager in Serbia with a bachelor's degree education can earn an average salary of 1,583,700 RSD.

  • Master's Degree. A Mining Project Manager in Serbia with a master's degree education can earn an average salary of 2,197,700 RSD.

Average Salary by Education Chart

Bachelor's Degree
1,583,700 RSD
Master's Degree +39%
2,197,700 RSD

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 Serbia is around 701,000 to 2,100,000 RSD 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.

Mining Project 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 Serbia, a male mining project manager will earn an average of 1,955,300 RSD, while a female mining project manager will earn around 1,846,200 RSD.

This means that a male mining project manager earns approximately 6% more than a female mining project manager for performing the same job.

Average Salary by Gender Chart in Serbia

Male
1,955,300 RSD
Female -6%
1,846,200 RSD

Mining Project Manager Average Pay Raise in Serbia

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 Mining Project Manager in Serbia is around 11% every 19 months.

The national average pay raise across all professions and industries in Serbia is around 7% every 20 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 = ( 11 ÷ 19 ) × 12  = 7%

What this means is that a Mining Project Manager in Serbia can expect to receive an average pay raise of around 7% every 12 months.

Annual Pay Raise by Industry in Serbia for 2024

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

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%

Mining Project Manager Bonus and Incentive Rates in Serbia

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 Mining Project Manager is a high bonus based job, with 75% of employees reporting at least one bonus in the last 12 months.

25% 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 6% to 8%.

Received Bonus
75%
No Bonus
25%

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 Serbia earn approximately 15% more than private sector employees in the same role.

Public Sector
1,800,200 RSD
Private Sector -15%
1,570,900 RSD

Salaries for Jobs Similar to a Mining Project Manager

In the table below, we have salary information for jobs that are similar to a Mining Project Manager in Serbia.

Job Title Category Salary
Assistant Yard Manager Oil / Gas / Energy / Mining 1,440,700 RSD
Associate Analyst Oil / Gas / Energy / Mining 1,621,400 RSD
Associate Landman Oil / Gas / Energy / Mining 681,500 RSD
Auxiliary Equipment Operator Oil / Gas / Energy / Mining 619,000 RSD
Biomass Plant Technician Oil / Gas / Energy / Mining 707,700 RSD
Biomass Power Plant Manager Oil / Gas / Energy / Mining 2,015,600 RSD
Chemical Plant Operator Oil / Gas / Energy / Mining 1,235,600 RSD
Chief Contract Compliance Engineer Oil / Gas / Energy / Mining 1,560,800 RSD
Completions Engineer Oil / Gas / Energy / Mining 1,391,600 RSD
Cost Controller Oil / Gas / Energy / Mining 1,113,100 RSD
Cost Engineer Oil / Gas / Energy / Mining 1,487,200 RSD
Crude Oil Marketing Representative Oil / Gas / Energy / Mining 1,537,500 RSD
Dispatcher Oil / Gas / Energy / Mining 637,500 RSD
Distribution Manager Oil / Gas / Energy / Mining 1,980,600 RSD
Dragline Operator Oil / Gas / Energy / Mining 727,100 RSD
Driller Offsider Oil / Gas / Energy / Mining 524,300 RSD
Dump Truck Driver Oil / Gas / Energy / Mining 582,700 RSD
Electric and Gas Operations Manager Oil / Gas / Energy / Mining 3,349,100 RSD
Energy Advisor Oil / Gas / Energy / Mining 2,221,600 RSD
Energy Analyst Oil / Gas / Energy / Mining 2,076,600 RSD
Energy Auditor Oil / Gas / Energy / Mining 1,825,000 RSD
Energy Dispatch Director Oil / Gas / Energy / Mining 2,495,600 RSD
Energy Technical Assistant Oil / Gas / Energy / Mining 957,800 RSD
Energy Technical Manager Oil / Gas / Energy / Mining 1,825,000 RSD
Energy Technical Support Manager Oil / Gas / Energy / Mining 1,741,800 RSD
Energy Technical Trainer Oil / Gas / Energy / Mining 1,224,800 RSD
Engineering Geologist Oil / Gas / Energy / Mining 2,734,500 RSD
Exploration Manager Oil / Gas / Energy / Mining 2,519,500 RSD
Field Safety Auditor Oil / Gas / Energy / Mining 1,645,600 RSD
Fluids Engineer Oil / Gas / Energy / Mining 1,380,400 RSD
Fuel Cell Engineer Oil / Gas / Energy / Mining 1,500,800 RSD
Fuel Cell Technician Oil / Gas / Energy / Mining 709,600 RSD
Fuels Handler Oil / Gas / Energy / Mining 667,400 RSD
Gas Compressor Operator Oil / Gas / Energy / Mining 656,800 RSD
Gas Distribution Plant Operator Oil / Gas / Energy / Mining 1,198,300 RSD
Gas Supply Manager Oil / Gas / Energy / Mining 2,161,200 RSD
Geologist Oil / Gas / Energy / Mining 2,533,800 RSD
Geophysicist Oil / Gas / Energy / Mining 2,711,900 RSD
Geothermal Production Manager Oil / Gas / Energy / Mining 2,566,100 RSD
Geothermal Technician Oil / Gas / Energy / Mining 1,043,600 RSD
HSE Engineer Oil / Gas / Energy / Mining 1,500,800 RSD
HSE Officer Oil / Gas / Energy / Mining 906,500 RSD
HSE Supervisor Oil / Gas / Energy / Mining 1,065,400 RSD
HSEQ Administrator Oil / Gas / Energy / Mining 1,023,400 RSD
Inspector Oil / Gas / Energy / Mining 1,380,400 RSD
Instructor Oil / Gas / Energy / Mining 1,212,800 RSD
Instrument Designer Oil / Gas / Energy / Mining 1,138,500 RSD
Lead Technical Field Advisor Oil / Gas / Energy / Mining 1,858,200 RSD
Logistics and Tool Coordinator Oil / Gas / Energy / Mining 1,283,600 RSD
Maintenance Engineer Oil / Gas / Energy / Mining 1,440,700 RSD
Maintenance Superintendent Oil / Gas / Energy / Mining 1,357,900 RSD
Material Controller Oil / Gas / Energy / Mining 946,000 RSD
Mine Engineer Oil / Gas / Energy / Mining 1,357,900 RSD
Mine Surveyor Oil / Gas / Energy / Mining 1,606,100 RSD
Mining Project Administrator Oil / Gas / Energy / Mining 1,333,900 RSD
Mining Project Assistant Oil / Gas / Energy / Mining 1,042,000 RSD
Mining Project Controls Consultant Oil / Gas / Energy / Mining 1,632,100 RSD
Mining Project Coordinator Oil / Gas / Energy / Mining 1,249,900 RSD
Mining Project Engineer Oil / Gas / Energy / Mining 1,464,200 RSD
Mining Site Manager Oil / Gas / Energy / Mining 1,896,700 RSD
Mining Team Leader Oil / Gas / Energy / Mining 1,537,500 RSD
NDT Technician Oil / Gas / Energy / Mining 893,500 RSD
Oil Service Unit Operator Oil / Gas / Energy / Mining 795,700 RSD
Oil Trader Oil / Gas / Energy / Mining 1,882,700 RSD
Oilwell Pumper Oil / Gas / Energy / Mining 576,500 RSD
Petroleum Engineer Oil / Gas / Energy / Mining 1,668,900 RSD
Petroleum Geologist Oil / Gas / Energy / Mining 2,748,900 RSD
Petroleum Pump System Operator Oil / Gas / Energy / Mining 783,800 RSD
Petroleum Technician Oil / Gas / Energy / Mining 843,600 RSD
Pipeline Technician Oil / Gas / Energy / Mining 581,000 RSD
Power Coordinator Oil / Gas / Energy / Mining 884,700 RSD
Power Plant Operations Manager Oil / Gas / Energy / Mining 2,953,200 RSD
Power Plant Operator Oil / Gas / Energy / Mining 1,147,600 RSD
Radio Operator Oil / Gas / Energy / Mining 659,400 RSD
Reliability Engineer Oil / Gas / Energy / Mining 1,464,200 RSD
Reservoir Engineer Oil / Gas / Energy / Mining 1,320,500 RSD
Risk Analyst Oil / Gas / Energy / Mining 1,728,900 RSD
Roughneck Oil / Gas / Energy / Mining 1,547,500 RSD
Scaffolder Oil / Gas / Energy / Mining 953,200 RSD
Shutdown Engineer Oil / Gas / Energy / Mining 1,235,600 RSD
Solar Energy Installation Manager Oil / Gas / Energy / Mining 2,184,900 RSD
Solar Energy Systems Engineer Oil / Gas / Energy / Mining 1,524,300 RSD
Solar Photovoltaic Installer Oil / Gas / Energy / Mining 955,800 RSD
Solar Thermal Technician Oil / Gas / Energy / Mining 903,500 RSD
Supply Operations Manager Oil / Gas / Energy / Mining 2,352,500 RSD
Sustainability Specialist Oil / Gas / Energy / Mining 2,327,100 RSD
System Development Advisor Oil / Gas / Energy / Mining 1,728,900 RSD
Tanker Truck Driver Oil / Gas / Energy / Mining 592,600 RSD
Utility Operator Oil / Gas / Energy / Mining 788,000 RSD
Wind Energy Project Manager Oil / Gas / Energy / Mining 2,086,500 RSD

Salary Comparison by City

If you want to compare salaries with different cities in Serbia, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Belgrade 2,086,500 RSD
Novi Sad 2,026,800 RSD

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