Compensation

Detailed information on compensation in the labour market is presented here, namely: data on average monthly earnings by level of education, gender and sector of activity, as well as average salary by area of work, function and years of experience. In addition, regional differences in earnings can be analysed, providing a comprehensive view of wage differences and trends in Portugal, which are fundamental to understanding the dynamics of remuneration in the country.

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Average monthly earnings (€) by Geographical location

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Category Value
Matosinhos 1882.69
Trofa 1876.02
Porto 1859.71
Estarreja 1850.85
Marinha Grande 1841.11
Sever do Vouga 1808.37
Maia 1773.11
Viana do Castelo 1764.50
Vila do Conde 1726.04
Aveiro 1723.96
Penafiel 1718.17
Ílhavo 1716.12
Mortágua 1714.05
Guarda 1711.89
Figueira da Foz 1710.22
Albergaria-a-Velha 1709.66
Ovar 1696.81
Vale de Cambra 1693.58
Oliveira de Azeméis 1691.22
Vila Nova de Gaia 1681.73
Braga 1680.29
São João da Madeira 1677.93
Santa Maria da Feira 1671.78
Vila Real 1669.34
Vila Nova de Famalicão 1669.02
Data collected at: 2024 Geographic level: Region Centro and Region Norte
Source: INE

Average monthly earnings (€) by level of education

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Category Value
Doctoral Programme 2662.01
Master 1903.28
Bachelor's degree 1725.81
Licence 1703.27
Higher Professional Technical Course 1328.86
Secondary Education 1204.94
3rd Cycle of Basic Education 1148.26
2nd Cycle of Basic Education 1140.91
1st Cycle of Basic Education 1089.30
< 1st Cycle of Basic Education 1019.72
Workers with higher average monthly earnings have Doctoral Programme (17.83%), while those with the lowest earnings have < 1st Cycle of Basic Education (6.83%).
Data collected at: 2024 Geographic level: Region Centro and Region Norte
Source: INE

Average annual salary by area of work

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Category Value
Banking - Private 62666.67
Life Sciences 50708.33
Information Technology 49058.52
Legal - Law Firm - Large 45250
Marketing and Comercial - FMCG 42404.76
Automotive Retail 42305.88
Manufacturing / Production 42257.32
Investment Banking 41333.33
Legal - Law Firm - Small to Medium Size 40500
Legal - Corporate 39285.71
Marketing and Commercial - Construction Materials and Industrial Equipment 39130
Insurance 39111.11
Property / Facilities Management 38636.11
Large Distribution 37638.89
Banking - Corporate 37500
Accountancy & Finance 37193.75
Human Resources 36358.62
Hotel & Leisure 36257.89
Marketing and Commercial - general 35157.14
Banking - Retail 34866.67
Construction 34319.05
Energy & Utilities 34278.57
Logistics 32896.15
Banking - Consummer Finance 31428.57
Retail and Fashion 29647.06
The field of work with the highest average annual salary is Banking - Private (5.99%), while the lowest is in Marketing and Commercial - Advertising / Agency (2.66%).
Data collected at: 2023 Geographic level: Region Centro and Region Norte
Source: HAYS

Average annual salary by role

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Category Value
CTO/CIO 112500
Managing Director 110000
Medical Director 110000
Territorial Director 95000
Private Banking Manager 88000
Marketing Director 87000
Market Access Director 84000
General Manager 83416.67
CFO 82033.33
Medical Manager 78000
Industrial Director 73500
Technical Lead / Engineering Manager 72700
Business Unit Manager 72250
Technical Director 72000
Data & Analytics Manager / Architect 68466.67
IT Director 68333.33
Cyber Security Manager / Architect 68333.33
Software Architect/Principal Engineer 67033.33
Human Resources Director 66000
Legal Director 66000
Hotel Manager 65000
Shopping Centre Manager 65000
Agile Coach 65000
QA Lead 63550
Service Manager 62500
The population with the highest average annual salary works as CTO/CIO (1.11%), while the lowest earners work as Travel Agency Manager (0.03%).
Data collected at: 2023 Geographic level: Region Centro and Region Norte
Source: HAYS

Average annual salary by years of experience

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Category Value
2-10 years 66000
> 5 years 59653.33
> 10 years 54154.17
3-5 years 44703.85
5-10 years 42391.45
1-3 years 37777.78
< 2 years 33110
> 3 years 33107.14
2-5 years 30311.11
1-2 years 28000
< 1 year 17333.33
The population with the highest average annual salary has been working for 2-10 years (14.78%), while the lowest earners have been working for < 1 year (3.88%)
Data collected at: 2023 Geographic level: Region Centro and Region Norte
Source: HAYS

Average monthly earnings (€) by sector of economic activity

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Category Value
Industry, construction, energy and water 1277.91
Services 1257.12
Agriculture, animal production, hunting, forestry and fishing 1101.32
Workers with the highest average monthly earnings work in the Industry, construction, energy and water sector (35.14%), while those with the lowest average monthly earnings work in the Agriculture, animal production, hunting, forestry and fishing sector (30.29%).
Data collected at: 2024 Geographic level: Region Centro and Region Norte
Source: INE

Average monthly earnings (€) by gender

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Category Value
Male 1280.10
Female 1145.87
Workers with the highest average monthly earnings are of Male gender (52.77%).
Data collected at: 2024 Geographic level: Region Centro and Region Norte
Source: INE