Average Product Planner Salary in Albania for 2024

In this article, we will look at the average Product Planner salary for 2024 in Albania 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 Albanian lek. To keep things simple, we are using the ALL currency code instead of the currency symbol L.

How Much Does a Product Planner Make in Albania?

A Product Planner working in Albania will typically earn around 943,800 ALL per year, and this can range from the lowest average salary of about 489,500 ALL to the highest average salary of 1,440,700 ALL.

Average Annual Salary
943,800 ALL
Average Monthly Salary
78,650 ALL

Lowest Annual Salary
489,500 ALL
Lowest Monthly Salary
40,791 ALL

Highest Annual Salary
1,440,700 ALL
Highest Monthly Salary
120,058 ALL

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

Product Planner 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 Planner Salaries in Albania

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

Salary ranges

We already know that a Product Planner can earn between 489,500 ALL and 1,440,700 ALL on average in Albania. 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 Planner in Albania is 903,500 ALL. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 903,500 ALL, and 50% of the population earn more than 903,500 ALL.

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 Planner salary in Albania, 25% of the population are earning less than 628,000 ALL while 75% of the population earn more than 628,000 ALL.

75% of the population earn less than 1,125,500 ALL, and 25% of the population earn more than 1,125,500 ALL.

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 Planner Salary by Experience Level in Albania

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 planner 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 Planner in Albania that has less than two years of experience can expect to earn somewhere in the region of 556,000 ALL.
  • 2 - 5 Years Experience. With two to five years of experience the average Product Planner salary would increase to 745,000 ALL.
  • 5 - 10 Years Experience. From five to ten years of experience as a Product Planner, the average salary would be 970,600 ALL.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 1,175,700 ALL.
  • 15 - 20 Years Experience. A Product Planner with 15 to 20 years of experience can earn an average of 1,283,600 ALL.
  • 20+ Years Experience. For a Product Planner with more than 20 years, the expected average salary increases to 1,357,900 ALL.

Average Salary by Experience Chart

0-2 Years
556,000 ALL
2-5 Years +34%
745,000 ALL
5-10 Years +30%
970,600 ALL
10-15 Years +21%
1,175,700 ALL
15-20 Years +9%
1,283,600 ALL
20+ Years +5%
1,357,900 ALL

Product Planner Salary by Education Level in Albania

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 Planner in Albania 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 Planner in Albania with a high school education can earn an average salary of 672,600 ALL.

  • Certificate or Diploma. A Product Planner in Albania with a certificate or diploma education can earn an average salary of 767,000 ALL.

  • Bachelor's Degree. A Product Planner in Albania with a bachelor's degree education can earn an average salary of 1,080,400 ALL.

  • Master's Degree. A Product Planner in Albania with a master's degree education can earn an average salary of 1,306,100 ALL.

Average Salary by Education Chart

High School
672,600 ALL
Certificate or Diploma +14%
767,000 ALL
Bachelor's Degree +41%
1,080,400 ALL
Master's Degree +21%
1,306,100 ALL

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 Albania is around 480,000 to 1,440,000 ALL 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 Planner 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 Albania, a male product planner will earn an average of 978,900 ALL, while a female product planner will earn around 915,100 ALL.

This means that a male product planner earns approximately 7% more than a female product planner for performing the same job.

Average Salary by Gender Chart in Albania

Male
978,900 ALL
Female -7%
915,100 ALL

Product Planner Average Pay Raise in Albania

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 Planner in Albania is around 7% every 29 months.

The national average pay raise across all professions and industries in Albania 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 = ( 7 ÷ 29 ) × 12  = 3%

What this means is that a Product Planner in Albania can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Albania for 2024

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

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

Banking
3%
Energy
6%
Information Technology
9%
Healthcare
3%
Travel
6%
Construction
9%
Education
3%

Product Planner Bonus and Incentive Rates in Albania

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 Planner 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 Albania earn approximately 14% more than private sector employees in the same role.

Public Sector
1,249,900 ALL
Private Sector -14%
1,097,500 ALL

Salaries for Jobs Similar to a Product Planner

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

Job Title Category Salary
3D Artist Media / Broadcasting / Arts / Entertainment 1,104,400 ALL
3D Designer Media / Broadcasting / Arts / Entertainment 986,700 ALL
3D Generalist Media / Broadcasting / Arts / Entertainment 903,500 ALL
3D Visualization Specialist Media / Broadcasting / Arts / Entertainment 1,089,400 ALL
Acrobatic Rigger Media / Broadcasting / Arts / Entertainment 743,300 ALL
Actor Media / Broadcasting / Arts / Entertainment 1,405,700 ALL
Art Administrator Media / Broadcasting / Arts / Entertainment 1,180,700 ALL
Art Director Media / Broadcasting / Arts / Entertainment 1,405,700 ALL
Art Lead Media / Broadcasting / Arts / Entertainment 1,428,800 ALL
Associate Media Director Media / Broadcasting / Arts / Entertainment 1,235,600 ALL
Associate Producer Media / Broadcasting / Arts / Entertainment 1,594,500 ALL
Broadcast and Sound Engineer Media / Broadcasting / Arts / Entertainment 953,300 ALL
Broadcast Associate Media / Broadcasting / Arts / Entertainment 790,600 ALL
Broadcast News Analyst Media / Broadcasting / Arts / Entertainment 1,120,700 ALL
Broadcast Technician Media / Broadcasting / Arts / Entertainment 658,300 ALL
Broadcasting Journalist Media / Broadcasting / Arts / Entertainment 1,391,600 ALL
Broadcasting Presenter Media / Broadcasting / Arts / Entertainment 1,345,400 ALL
Camera Equipment Repairer Media / Broadcasting / Arts / Entertainment 773,400 ALL
Camera Operator Media / Broadcasting / Arts / Entertainment 695,400 ALL
Cartoonist / Animator Media / Broadcasting / Arts / Entertainment 1,023,000 ALL
CAS Engineer Media / Broadcasting / Arts / Entertainment 1,212,800 ALL
Censorship Executive Media / Broadcasting / Arts / Entertainment 1,235,600 ALL
Choreographer Media / Broadcasting / Arts / Entertainment 917,200 ALL
Colorist Media / Broadcasting / Arts / Entertainment 562,600 ALL
Communications Manager Media / Broadcasting / Arts / Entertainment 1,678,300 ALL
Correspondent Media / Broadcasting / Arts / Entertainment 1,198,300 ALL
Dance Director Media / Broadcasting / Arts / Entertainment 1,116,700 ALL
Dancer Media / Broadcasting / Arts / Entertainment 993,600 ALL
Director of Photography Media / Broadcasting / Arts / Entertainment 1,187,900 ALL
Disc Jockey Media / Broadcasting / Arts / Entertainment 714,300 ALL
Editorial Assistant Media / Broadcasting / Arts / Entertainment 612,500 ALL
Events Manager Media / Broadcasting / Arts / Entertainment 1,104,400 ALL
Graphic Designer Media / Broadcasting / Arts / Entertainment 745,000 ALL
Illustrator Media / Broadcasting / Arts / Entertainment 868,400 ALL
Industrial Designer Media / Broadcasting / Arts / Entertainment 735,500 ALL
Instructional Designer Media / Broadcasting / Arts / Entertainment 679,200 ALL
Journalist Media / Broadcasting / Arts / Entertainment 1,417,600 ALL
Makeup Artist Media / Broadcasting / Arts / Entertainment 762,400 ALL
Media Design Manager Media / Broadcasting / Arts / Entertainment 1,921,500 ALL
Media Equipment Operator Media / Broadcasting / Arts / Entertainment 629,800 ALL
Media Operations Manager Media / Broadcasting / Arts / Entertainment 1,500,800 ALL
Media Planner Media / Broadcasting / Arts / Entertainment 1,031,200 ALL
Media Producer Media / Broadcasting / Arts / Entertainment 1,405,700 ALL
Media Product Development Manager Media / Broadcasting / Arts / Entertainment 1,908,800 ALL
Media Production Manager Media / Broadcasting / Arts / Entertainment 1,870,400 ALL
Media Program Director Media / Broadcasting / Arts / Entertainment 2,110,600 ALL
Media Relation Executive Media / Broadcasting / Arts / Entertainment 2,124,400 ALL
Media Relations Manager Media / Broadcasting / Arts / Entertainment 1,990,300 ALL
Media Sales Manager Media / Broadcasting / Arts / Entertainment 2,015,600 ALL
Movement and Dance Coordinator Media / Broadcasting / Arts / Entertainment 1,157,300 ALL
Multimedia Coordinator Media / Broadcasting / Arts / Entertainment 772,900 ALL
Multimedia Designer Media / Broadcasting / Arts / Entertainment 778,200 ALL
Music Consultant Media / Broadcasting / Arts / Entertainment 975,700 ALL
Musician Media / Broadcasting / Arts / Entertainment 860,300 ALL
News Associate Media / Broadcasting / Arts / Entertainment 985,700 ALL
News Reporter Media / Broadcasting / Arts / Entertainment 1,306,100 ALL
Post Production Assistant Media / Broadcasting / Arts / Entertainment 643,800 ALL
Producer Media / Broadcasting / Arts / Entertainment 1,728,900 ALL
Product Designer Media / Broadcasting / Arts / Entertainment 714,600 ALL
Production Artist Media / Broadcasting / Arts / Entertainment 958,700 ALL
Production Assistant Media / Broadcasting / Arts / Entertainment 705,500 ALL
Production Director Media / Broadcasting / Arts / Entertainment 1,632,100 ALL
Production Technician Media / Broadcasting / Arts / Entertainment 672,600 ALL
Program Researcher Media / Broadcasting / Arts / Entertainment 1,235,600 ALL
Promotion Coordinator Media / Broadcasting / Arts / Entertainment 954,900 ALL
Sound Engineer Media / Broadcasting / Arts / Entertainment 972,200 ALL
Sound Engineering Technician Media / Broadcasting / Arts / Entertainment 555,800 ALL
Stage Technician Media / Broadcasting / Arts / Entertainment 603,400 ALL
Sub Editor Media / Broadcasting / Arts / Entertainment 692,500 ALL
Television Executive Producer Media / Broadcasting / Arts / Entertainment 2,052,200 ALL
Transmission Engineer Media / Broadcasting / Arts / Entertainment 1,043,600 ALL
Video Editor Media / Broadcasting / Arts / Entertainment 851,200 ALL
Video Producer Media / Broadcasting / Arts / Entertainment 1,041,900 ALL
Videographer Media / Broadcasting / Arts / Entertainment 1,031,200 ALL
Visual Designer Media / Broadcasting / Arts / Entertainment 986,700 ALL

Salary Comparison by City

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

City Average Salary
Berat 906,000 ALL
Durres 1,095,900 ALL
Elbasan 1,030,200 ALL
Fier 965,000 ALL
Gjirokaster 879,800 ALL
Korca 988,600 ALL
Lezhe 899,900 ALL
Sarande 903,500 ALL
Shkodra 973,800 ALL
Tirana 1,069,900 ALL
Vlore 986,700 ALL

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