Average Product Manager Salary in Netherlands for 2024

In this article, we will look at the average Product Manager salary for 2024 in Netherlands 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 โ‚ฌ.

How Much Does a Product Manager Make in Netherlands?

A Product Manager working in Netherlands will typically earn around 87,020 EUR per year, and this can range from the lowest average salary of about 46,840 EUR to the highest average salary of 128,500 EUR.

Average Annual Salary
87,020 EUR
Average Monthly Salary
7,251 EUR

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

Highest Annual Salary
128,500 EUR
Highest Monthly Salary
10,708 EUR

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

Product 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 Product Manager Salaries in Netherlands

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

Salary ranges

We already know that a Product Manager can earn between 46,840 EUR and 128,500 EUR on average in Netherlands. 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 Product Manager in Netherlands is 78,260 EUR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 78,260 EUR, and 50% of the population earn more than 78,260 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 Product Manager salary in Netherlands, 25% of the population are earning less than 58,200 EUR while 75% of the population earn more than 58,200 EUR.

75% of the population earn less than 99,340 EUR, and 25% of the population earn more than 99,340 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.

Product Manager Salary by Experience Level in Netherlands

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 product 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 Product Manager in Netherlands that has less than two years of experience can expect to earn somewhere in the region of 50,560 EUR.
  • 2 - 5 Years Experience. With two to five years of experience the average Product Manager salary would increase to 64,640 EUR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Product Manager, the average salary would be 91,380 EUR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 105,300 EUR.
  • 15 - 20 Years Experience. A Product Manager with 15 to 20 years of experience can earn an average of 115,260 EUR.
  • 20+ Years Experience. For a Product Manager with more than 20 years, the expected average salary increases to 123,400 EUR.

Average Salary by Experience Chart

0-2 Years
50,560 EUR
2-5 Years +23%
64,640 EUR
5-10 Years +42%
91,380 EUR
10-15 Years +17%
105,300 EUR
15-20 Years +10%
115,260 EUR
20+ Years +6%
123,400 EUR

Product Manager Salary by Education Level in Netherlands

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 Product Manager in Netherlands 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 Product Manager in Netherlands with a high school education can earn an average salary of 63,500 EUR.

  • Certificate or Diploma. A Product Manager in Netherlands with a certificate or diploma education can earn an average salary of 70,700 EUR.

  • Bachelor's Degree. A Product Manager in Netherlands with a bachelor's degree education can earn an average salary of 91,660 EUR.

  • Master's Degree. A Product Manager in Netherlands with a master's degree education can earn an average salary of 123,400 EUR.

Average Salary by Education Chart

High School
63,500 EUR
Certificate or Diploma +13%
70,700 EUR
Bachelor's Degree +31%
91,660 EUR
Master's Degree +32%
123,400 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 Netherlands is around 24,400 to 73,300 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.

Product 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 Netherlands, a male product manager will earn an average of 88,240 EUR, while a female product manager will earn around 84,780 EUR.

This means that a male product manager earns approximately 4% more than a female product manager for performing the same job.

Average Salary by Gender Chart in Netherlands

Male
88,240 EUR
Female -4%
84,780 EUR

Product Manager Average Pay Raise in Netherlands

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 Product Manager in Netherlands is around 11% every 18 months.

The national average pay raise across all professions and industries in Netherlands is around 9% every 15 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 ÷ 18 ) × 12  = 7%

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

Annual Pay Raise by Industry in Netherlands for 2024

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

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

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

Product Manager Bonus and Incentive Rates in Netherlands

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 Product Manager is a high bonus based job, with 79% of employees reporting at least one bonus in the last 12 months.

21% 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
79%
No Bonus
21%

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 Netherlands earn approximately 4% more than private sector employees in the same role.

Public Sector
58,720 EUR
Private Sector -4%
56,640 EUR

Salaries for Jobs Similar to a Product Manager

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

Job Title Category Salary
Assembly Foreman Factory and Manufacturing 15,380 EUR
Assembly Line Worker Factory and Manufacturing 16,140 EUR
Assembly Supervisor Factory and Manufacturing 27,380 EUR
Assistance Maintenance Manager Factory and Manufacturing 56,460 EUR
Assistant Shipping Manager Factory and Manufacturing 51,120 EUR
Chemical Equipment Controller Factory and Manufacturing 41,700 EUR
Chemical Technican Apprentice Factory and Manufacturing 29,160 EUR
CNC Machinist Factory and Manufacturing 35,420 EUR
CNC Operator Factory and Manufacturing 34,540 EUR
CNC Programmer Factory and Manufacturing 38,680 EUR
Colour Technologist Factory and Manufacturing 19,060 EUR
Contracts Manager Factory and Manufacturing 70,260 EUR
Data Collection Coordinator Factory and Manufacturing 28,180 EUR
Demand Planner Factory and Manufacturing 23,260 EUR
Derrick Operator Factory and Manufacturing 16,340 EUR
Director of Manufacturing Factory and Manufacturing 100,280 EUR
Dock Worker Factory and Manufacturing 15,760 EUR
Drying Technician Factory and Manufacturing 16,340 EUR
Equipment Operator Factory and Manufacturing 17,540 EUR
Export Sales Coordinator Factory and Manufacturing 47,580 EUR
Factory Superintendent Factory and Manufacturing 27,380 EUR
Factory Worker Factory and Manufacturing 17,760 EUR
Failure Analysis Technician Factory and Manufacturing 28,820 EUR
Fiberglass Laminator Factory and Manufacturing 19,200 EUR
Food Technologist Factory and Manufacturing 31,400 EUR
Forklift Driver Factory and Manufacturing 18,780 EUR
Forklift Operator Factory and Manufacturing 15,920 EUR
Forming Machine Operator Factory and Manufacturing 18,280 EUR
Furnace Operator Factory and Manufacturing 19,220 EUR
Gas Appliance Repairer Factory and Manufacturing 18,780 EUR
General Warehouse Associate Factory and Manufacturing 29,840 EUR
Heavy Equipment Operator Factory and Manufacturing 20,000 EUR
HSE Manager Factory and Manufacturing 67,900 EUR
Industrial Engineer Factory and Manufacturing 52,540 EUR
Industrial Machinery Mechanic Factory and Manufacturing 34,960 EUR
Industrial Production Manager Factory and Manufacturing 91,380 EUR
Industrial Safety and Health Engineer Factory and Manufacturing 51,120 EUR
Intake Operator Factory and Manufacturing 21,980 EUR
Key Account Manager Factory and Manufacturing 80,180 EUR
Lift Truck Operator Factory and Manufacturing 18,780 EUR
Loading Supervisor Factory and Manufacturing 27,480 EUR
Logistic Coordinator Factory and Manufacturing 43,520 EUR
Logistics Clerk Factory and Manufacturing 20,000 EUR
Machine Operator Factory and Manufacturing 16,340 EUR
Machinist Factory and Manufacturing 17,860 EUR
Maintenance Manager Factory and Manufacturing 62,100 EUR
Maintenance Store Clerk Factory and Manufacturing 16,980 EUR
Manufacturing Engineer Factory and Manufacturing 50,620 EUR
Manufacturing Engineering Manager Factory and Manufacturing 79,000 EUR
Manufacturing Engineering Technologist Factory and Manufacturing 57,320 EUR
Manufacturing Manager Factory and Manufacturing 84,880 EUR
Manufacturing Operative Factory and Manufacturing 28,660 EUR
Manufacturing Production Technician Factory and Manufacturing 22,420 EUR
Manufacturing Supervisor Factory and Manufacturing 43,080 EUR
Manufacturing Technician Factory and Manufacturing 20,520 EUR
Materials Manager Factory and Manufacturing 67,120 EUR
Materials Supervisor Factory and Manufacturing 45,580 EUR
Mechanical Fitter Engineer Factory and Manufacturing 56,880 EUR
Mechanical Foreman Factory and Manufacturing 17,560 EUR
Merchandise Planner Factory and Manufacturing 27,020 EUR
Metrology Engineer Factory and Manufacturing 48,920 EUR
Operations Engineer Factory and Manufacturing 50,520 EUR
Operations Manager Factory and Manufacturing 84,780 EUR
Order Management Coordinator Factory and Manufacturing 42,460 EUR
Order Processing Manager Factory and Manufacturing 69,400 EUR
Order Selector Factory and Manufacturing 19,160 EUR
Package Handler Factory and Manufacturing 16,400 EUR
Packaging Manager Factory and Manufacturing 53,380 EUR
Packer Factory and Manufacturing 19,200 EUR
Packing Deputy Supervisor Factory and Manufacturing 46,280 EUR
Planning Manager Factory and Manufacturing 72,780 EUR
Plant Manager Factory and Manufacturing 83,420 EUR
Precision Instrument Repairer Factory and Manufacturing 24,720 EUR
Process Technician Factory and Manufacturing 19,060 EUR
Production Analyst Factory and Manufacturing 72,360 EUR
Production Director Factory and Manufacturing 99,340 EUR
Production Engineer Factory and Manufacturing 50,180 EUR
Production Engineering Supervisor Factory and Manufacturing 79,240 EUR
Production Inspector Factory and Manufacturing 56,140 EUR
Production Laborer Factory and Manufacturing 18,260 EUR
Production Manager Factory and Manufacturing 93,660 EUR
Production Operator Factory and Manufacturing 21,300 EUR
Production Scheduler Factory and Manufacturing 40,240 EUR
Production Supervisor Factory and Manufacturing 50,340 EUR
Production Technician Factory and Manufacturing 25,220 EUR
Production Worker Factory and Manufacturing 20,460 EUR
Quality Control Analyst Factory and Manufacturing 70,260 EUR
Quality Control Inspector Factory and Manufacturing 58,440 EUR
Quality Control Manager Factory and Manufacturing 74,060 EUR
Service Technician Factory and Manufacturing 20,760 EUR
SHEQ Officer Factory and Manufacturing 23,080 EUR
Shipping Manager Factory and Manufacturing 77,380 EUR
Small Engine Mechanic Factory and Manufacturing 31,660 EUR
Spray Painter Factory and Manufacturing 19,640 EUR
Sterile Processing Technician Factory and Manufacturing 19,480 EUR
Structural Welder Factory and Manufacturing 14,820 EUR
Supply Chain Operative Factory and Manufacturing 48,820 EUR
Technical Operator Factory and Manufacturing 22,420 EUR
Technology Development Manager Factory and Manufacturing 88,580 EUR
Testing Technician Factory and Manufacturing 35,420 EUR
Toolmaker Factory and Manufacturing 24,720 EUR
Warehouse Forklift Operator Factory and Manufacturing 17,740 EUR
Warehouse Operative Factory and Manufacturing 18,280 EUR
Warehouse Worker Factory and Manufacturing 19,220 EUR
Warranty Handler Factory and Manufacturing 31,340 EUR
Welder Factory and Manufacturing 19,200 EUR
Workshop Manager Factory and Manufacturing 58,440 EUR

Salary Comparison by City

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

City Average Salary
Almere 81,400 EUR
Amsterdam 90,640 EUR
Breda 74,820 EUR
Eindhoven 84,440 EUR
Groningen 79,400 EUR
Nijmegen 78,720 EUR
Rotterdam 87,100 EUR
s-Gravenhage 88,850 EUR
Tilburg 82,180 EUR
Utrecht 84,080 EUR

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