Average Tendering Manager Salary in Latvia for 2024

In this article, we will look at the average Tendering Manager salary for 2024 in Latvia 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 Tendering Manager Make in Latvia?

A Tendering Manager working in Latvia will typically earn around 20,460 EUR per year, and this can range from the lowest average salary of about 10,220 EUR to the highest average salary of 35,560 EUR.

Average Annual Salary
20,460 EUR
Average Monthly Salary
1,705 EUR

Lowest Annual Salary
10,220 EUR
Lowest Monthly Salary
851 EUR

Highest Annual Salary
35,560 EUR
Highest Monthly Salary
2,963 EUR

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

Tendering 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 Tendering Manager Salaries in Latvia

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

Salary ranges

We already know that a Tendering Manager can earn between 10,220 EUR and 35,560 EUR on average in Latvia. 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 Tendering Manager in Latvia is 20,460 EUR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 20,460 EUR, and 50% of the population earn more than 20,460 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 Tendering Manager salary in Latvia, 25% of the population are earning less than 14,660 EUR while 75% of the population earn more than 14,660 EUR.

75% of the population earn less than 28,660 EUR, and 25% of the population earn more than 28,660 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.

Tendering Manager Salary by Experience Level in Latvia

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 tendering 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 Tendering Manager in Latvia that has less than two years of experience can expect to earn somewhere in the region of 13,900 EUR.
  • 2 - 5 Years Experience. With two to five years of experience the average Tendering Manager salary would increase to 15,700 EUR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Tendering Manager, the average salary would be 24,280 EUR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 27,620 EUR.
  • 15 - 20 Years Experience. A Tendering Manager with 15 to 20 years of experience can earn an average of 30,700 EUR.
  • 20+ Years Experience. For a Tendering Manager with more than 20 years, the expected average salary increases to 32,960 EUR.

Average Salary by Experience Chart

0-2 Years
13,900 EUR
2-5 Years +32%
15,700 EUR
5-10 Years +34%
24,280 EUR
10-15 Years +19%
27,620 EUR
15-20 Years +8%
30,700 EUR
20+ Years +7%
32,960 EUR

Tendering Manager Salary by Education Level in Latvia

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 Tendering Manager in Latvia 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 Tendering Manager in Latvia with a high school education can earn an average salary of 17,540 EUR.

  • Certificate or Diploma. A Tendering Manager in Latvia with a certificate or diploma education can earn an average salary of 17,740 EUR.

  • Bachelor's Degree. A Tendering Manager in Latvia with a bachelor's degree education can earn an average salary of 25,940 EUR.

  • Master's Degree. A Tendering Manager in Latvia with a master's degree education can earn an average salary of 32,960 EUR.

Average Salary by Education Chart

High School
17,540 EUR
Certificate or Diploma +14%
17,740 EUR
Bachelor's Degree +36%
25,940 EUR
Master's Degree +26%
32,960 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 Latvia is around 6,510 to 19,500 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.

Tendering 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 Latvia, a male tendering manager will earn an average of 22,540 EUR, while a female tendering manager will earn around 19,980 EUR.

This means that a male tendering manager earns approximately 13% more than a female tendering manager for performing the same job.

Average Salary by Gender Chart in Latvia

Male
22,540 EUR
Female -13%
19,980 EUR

Tendering Manager Average Pay Raise in Latvia

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 Tendering Manager in Latvia is around 10% every 21 months.

The national average pay raise across all professions and industries in Latvia is around 8% every 18 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 = ( 10 ÷ 21 ) × 12  = 6%

What this means is that a Tendering Manager in Latvia can expect to receive an average pay raise of around 6% every 12 months.

Annual Pay Raise by Industry in Latvia for 2024

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

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

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Tendering Manager Bonus and Incentive Rates in Latvia

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 Tendering Manager is a moderate bonus based job, with 54% of employees reporting at least one bonus in the last 12 months.

46% 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 6%.

Received Bonus
54%
No Bonus
46%

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 Latvia earn approximately 29% more than private sector employees in the same role.

Public Sector
16,880 EUR
Private Sector -29%
13,100 EUR

Salaries for Jobs Similar to a Tendering Manager

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

Job Title Category Salary
Adjudicator Construction / Building / Installation 6,080 EUR
Assembler Construction / Building / Installation 6,760 EUR
Boat Builder and Shipwright Construction / Building / Installation 7,620 EUR
Bricklayer Construction / Building / Installation 6,000 EUR
Building Administrator Construction / Building / Installation 5,200 EUR
Building Contracts Manager Construction / Building / Installation 22,660 EUR
Building Inspector Construction / Building / Installation 6,080 EUR
Building Monitor Construction / Building / Installation 4,940 EUR
Building Sales Manager Construction / Building / Installation 21,400 EUR
Cabinetmaker Construction / Building / Installation 5,720 EUR
Carpenter Construction / Building / Installation 5,040 EUR
Civil Engineer Construction / Building / Installation 12,580 EUR
Civil Technician Construction / Building / Installation 7,620 EUR
Concreter Construction / Building / Installation 4,860 EUR
Construction and Building Inspector Construction / Building / Installation 5,040 EUR
Construction and Maintenance Manager Construction / Building / Installation 12,180 EUR
Construction Assistant Construction / Building / Installation 5,400 EUR
Construction Coordinator Construction / Building / Installation 9,360 EUR
Construction Estimator Construction / Building / Installation 9,140 EUR
Construction Field Engineer Construction / Building / Installation 13,700 EUR
Construction General Manager Construction / Building / Installation 25,660 EUR
Construction Inventory Officer Construction / Building / Installation 4,940 EUR
Construction Manager Construction / Building / Installation 27,020 EUR
Construction Operations Manager Construction / Building / Installation 24,200 EUR
Construction Project Controls Manager Construction / Building / Installation 20,500 EUR
Construction Project Coordinator Construction / Building / Installation 14,540 EUR
Construction Project Engineer Construction / Building / Installation 17,100 EUR
Construction Project Manager Construction / Building / Installation 25,680 EUR
Construction Project Manager Construction / Building / Installation 25,940 EUR
Construction Project Planner Construction / Building / Installation 12,000 EUR
Construction Quality Control Manager Construction / Building / Installation 18,900 EUR
Construction Safety Officer Construction / Building / Installation 9,140 EUR
Construction Superintendent Construction / Building / Installation 9,140 EUR
Construction Supervisor Construction / Building / Installation 13,560 EUR
Construction Technical Assistant Construction / Building / Installation 6,700 EUR
Construction Technical Officer Construction / Building / Installation 5,520 EUR
Construction Technical Writer Construction / Building / Installation 6,180 EUR
Construction Technician Construction / Building / Installation 5,720 EUR
Construction Worker Construction / Building / Installation 4,840 EUR
Crane and Tower Operator Construction / Building / Installation 6,760 EUR
Crane Operator Construction / Building / Installation 6,760 EUR
Diesel Mechanic Construction / Building / Installation 4,940 EUR
Draughtsman Construction / Building / Installation 4,840 EUR
Drywall Installer Construction / Building / Installation 6,480 EUR
Electrical Draftsman Construction / Building / Installation 4,940 EUR
Electrical Engineering Supervisor Construction / Building / Installation 15,300 EUR
Electrical Engineering Technician Construction / Building / Installation 6,080 EUR
Electrical Supervisor Construction / Building / Installation 10,220 EUR
Electrician Construction / Building / Installation 8,420 EUR
Elevator Installer and Repairer Construction / Building / Installation 6,080 EUR
Engineer Construction / Building / Installation 14,820 EUR
Excavator Operator Construction / Building / Installation 6,700 EUR
Field Inspector Construction / Building / Installation 10,320 EUR
Floor Finisher Construction / Building / Installation 3,940 EUR
Floor Manager Construction / Building / Installation 8,780 EUR
Foreman Construction / Building / Installation 2,420 EUR
Frame and Truss Detailer Construction / Building / Installation 6,300 EUR
Furniture Finisher Construction / Building / Installation 4,940 EUR
Gas Technician Construction / Building / Installation 6,300 EUR
Handyman Construction / Building / Installation 4,840 EUR
Health and Safety Coordinator Construction / Building / Installation 5,040 EUR
Health and Safety Officer Construction / Building / Installation 6,760 EUR
Installation Manager Construction / Building / Installation 19,200 EUR
Installer Construction / Building / Installation 5,780 EUR
Insulation Installer Construction / Building / Installation 6,480 EUR
Labourer Construction / Building / Installation 6,000 EUR
Land Surveyor Construction / Building / Installation 6,760 EUR
Lift Technician Construction / Building / Installation 6,300 EUR
Maintenance Foreman Construction / Building / Installation 4,860 EUR
Material Tester Construction / Building / Installation 7,300 EUR
Model Maker Construction / Building / Installation 7,620 EUR
Order Picker Construction / Building / Installation 5,780 EUR
Painter Construction / Building / Installation 5,780 EUR
Pipe Layer Construction / Building / Installation 2,480 EUR
Pipe Welder Construction / Building / Installation 2,480 EUR
Pipefitter Construction / Building / Installation 6,000 EUR
Plumber Construction / Building / Installation 3,940 EUR
Property Coordinator Construction / Building / Installation 13,060 EUR
Purchasing Manager Construction / Building / Installation 15,920 EUR
Quantity Estimator Construction / Building / Installation 10,380 EUR
Quantity Surveyor Construction / Building / Installation 10,380 EUR
Roof Slater and Tiler Construction / Building / Installation 4,860 EUR
Sheet Metal Mechanic Construction / Building / Installation 6,760 EUR
Sheet Metal Worker Construction / Building / Installation 2,420 EUR
Site Clerk Construction / Building / Installation 6,760 EUR
Site engineer Construction / Building / Installation 12,000 EUR
Site Leader Construction / Building / Installation 25,940 EUR
Stock Controller Construction / Building / Installation 5,960 EUR
Structural Steel Construction Worker Construction / Building / Installation 6,480 EUR
Technical Draughtsman Construction / Building / Installation 3,940 EUR
Tender Manager Construction / Building / Installation 23,520 EUR
Tower Crane Operator Construction / Building / Installation 6,760 EUR
Wall and Floor Tiler Construction / Building / Installation 5,780 EUR
Warehouse Manager Construction / Building / Installation 15,380 EUR
Welder Construction / Building / Installation 4,840 EUR
Welding Superintendent Construction / Building / Installation 5,400 EUR

Salary Comparison by City

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

City Average Salary
Riga 22,420 EUR

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