Average Project Manager Salary in Albania for 2024

In this article, we will look at the average Project Manager 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 Project Manager Make in Albania?

A Project Manager working in Albania will typically earn around 1,487,200 ALL per year, and this can range from the lowest average salary of about 725,700 ALL to the highest average salary of 2,314,800 ALL.

Average Annual Salary
1,487,200 ALL
Average Monthly Salary
123,933 ALL

Lowest Annual Salary
725,700 ALL
Lowest Monthly Salary
60,475 ALL

Highest Annual Salary
2,314,800 ALL
Highest Monthly Salary
192,900 ALL

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

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 Project Manager Salaries in Albania

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

Salary ranges

We already know that a Project Manager can earn between 725,700 ALL and 2,314,800 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 Project Manager in Albania is 1,510,400 ALL. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 1,510,400 ALL, and 50% of the population earn more than 1,510,400 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 Project Manager salary in Albania, 25% of the population are earning less than 1,006,300 ALL while 75% of the population earn more than 1,006,300 ALL.

75% of the population earn less than 1,955,300 ALL, and 25% of the population earn more than 1,955,300 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.

Project Manager 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 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 Project Manager in Albania that has less than two years of experience can expect to earn somewhere in the region of 862,100 ALL.
  • 2 - 5 Years Experience. With two to five years of experience the average Project Manager salary would increase to 1,109,600 ALL.
  • 5 - 10 Years Experience. From five to ten years of experience as a Project Manager, the average salary would be 1,524,300 ALL.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 1,896,700 ALL.
  • 15 - 20 Years Experience. A Project Manager with 15 to 20 years of experience can earn an average of 2,026,800 ALL.
  • 20+ Years Experience. For a Project Manager with more than 20 years, the expected average salary increases to 2,161,200 ALL.

Average Salary by Experience Chart

0-2 Years
862,100 ALL
2-5 Years +29%
1,109,600 ALL
5-10 Years +38%
1,524,300 ALL
10-15 Years +24%
1,896,700 ALL
15-20 Years +7%
2,026,800 ALL
20+ Years +7%
2,161,200 ALL

Project Manager 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 Project Manager 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 Project Manager in Albania with a high school education can earn an average salary of 1,078,200 ALL.

  • Certificate or Diploma. A Project Manager in Albania with a certificate or diploma education can earn an average salary of 1,235,600 ALL.

  • Bachelor's Degree. A Project Manager in Albania with a bachelor's degree education can earn an average salary of 1,668,900 ALL.

  • Master's Degree. A Project Manager in Albania with a master's degree education can earn an average salary of 2,086,500 ALL.

Average Salary by Education Chart

High School
1,078,200 ALL
Certificate or Diploma +15%
1,235,600 ALL
Bachelor's Degree +35%
1,668,900 ALL
Master's Degree +26%
2,086,500 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.

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 Albania, a male project manager will earn an average of 1,524,300 ALL, while a female project manager will earn around 1,428,800 ALL.

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

Average Salary by Gender Chart in Albania

Male
1,524,300 ALL
Female -7%
1,428,800 ALL

Project Manager 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 Project Manager in Albania is around 9% every 28 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 = ( 9 ÷ 28 ) × 12  = 4%

What this means is that a Project Manager in Albania can expect to receive an average pay raise of around 4% 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%

Project Manager 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 Project Manager is a moderate bonus based job, with 64% of employees reporting at least one bonus in the last 12 months.

36% 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 5% to 9%.

Received Bonus
64%
No Bonus
36%

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 Project Manager

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

Job Title Category Salary
Assistant Business Development Manager Business Planning 1,524,300 ALL
Assistant Merchandise Planner Business Planning 899,900 ALL
Business Advisor Business Planning 1,570,900 ALL
Business Analyst Business Planning 1,560,800 ALL
Business Consultant Business Planning 1,524,300 ALL
Business Continuity Associate Business Planning 909,300 ALL
Business Developer Business Planning 923,000 ALL
Business Development Analyst Business Planning 1,030,200 ALL
Business Development Associate Business Planning 800,500 ALL
Business Development Coordinator Business Planning 799,300 ALL
Business Development Director Business Planning 2,003,200 ALL
Business Development Engineer Business Planning 1,122,900 ALL
Business Development Executive Business Planning 1,476,700 ALL
Business Development Manager Business Planning 1,882,700 ALL
Business Development Specialist Business Planning 1,391,600 ALL
Business Manager Business Planning 1,678,300 ALL
Business Operations Specialist Business Planning 1,380,400 ALL
Business Process Writer Business Planning 862,400 ALL
Business Systems Analyst Business Planning 1,547,500 ALL
Capacity Planner Business Planning 995,000 ALL
Capacity Planning Supervisor Business Planning 1,333,900 ALL
Change Communications Analyst Business Planning 1,306,100 ALL
Change Control Analyst Business Planning 1,345,400 ALL
Change Impact Analyst Business Planning 1,357,900 ALL
Contracts Executive Business Planning 1,510,400 ALL
Corporate Strategy Analyst Business Planning 1,464,200 ALL
Cost Control Engineer Business Planning 972,200 ALL
Cost Controller Business Planning 1,104,400 ALL
Cost Estimator Business Planning 955,800 ALL
Data Executive Business Planning 803,400 ALL
Data Manager Business Planning 1,110,500 ALL
Data Processing Manager Business Planning 1,273,300 ALL
Development Researcher Business Planning 1,112,300 ALL
Director of Business Development Business Planning 2,110,600 ALL
Director of Production Planning Business Planning 1,811,000 ALL
Due Diligence Analyst Business Planning 1,621,400 ALL
Estimating Manager Business Planning 1,537,500 ALL
General Manager Business Planning 1,728,900 ALL
Incident Handler Business Planning 1,074,600 ALL
Incident Specialist Business Planning 1,320,500 ALL
Lean Consultant Business Planning 1,102,100 ALL
Manager Business Planning 2,038,500 ALL
Marketing and Business Development Manager Business Planning 1,728,900 ALL
Materials Planner Business Planning 623,200 ALL
Merchandise Assistant Business Planning 626,800 ALL
Merchandise Controller Business Planning 627,900 ALL
Merchandise Planner Business Planning 625,000 ALL
Operations Analyst Business Planning 1,320,500 ALL
Operations Manager Business Planning 1,500,800 ALL
Operations Research Analyst Business Planning 934,900 ALL
Planning and Reporting Manager Business Planning 1,655,500 ALL
Planning Director Business Planning 1,870,400 ALL
Project Administrator Business Planning 919,700 ALL
Project Planner Business Planning 909,300 ALL
Research Assistant Business Planning 791,200 ALL
Research Engineer Business Planning 946,800 ALL
Research Officer Business Planning 721,600 ALL
Risk Management Specialist Business Planning 1,440,700 ALL
Scholarship Coordinator Business Planning 769,500 ALL
Store Planner Business Planning 705,500 ALL
Strategy Director Business Planning 1,980,600 ALL
Top Research and Development Executive Business Planning 2,136,200 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 1,386,740 ALL
Durres 1,530,840 ALL
Elbasan 1,459,420 ALL
Fier 1,442,400 ALL
Gjirokaster 1,361,200 ALL
Korca 1,432,800 ALL
Lezhe 1,300,340 ALL
Sarande 1,271,820 ALL
Shkodra 1,452,540 ALL
Tirana 1,569,920 ALL
Vlore 1,548,200 ALL

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