Product Manager Salary in Luxembourg , Luxembourg

Luxembourg's financial sector pushes product manager earnings to a median of €78,000 per year. Compensation in the city may include bonuses. This amount aligns with Luxembourg's high cost of living.

Salary by experience level

Entry-level (0-2 years)

Salary range (per year)

€53,000 to €67,000

Average (per year)

€61,000

Graduates in their first roles work in finance or EU institutions and receive starting packages.

Mid-level (3-5 years)

Salary range (per year)

€68,000 to €89,000

Average (per year)

€78,000

After gaining experience, professionals may move into tech or fintech companies, where responsibilities increase.

Senior (6-9 years)

Salary range (per year)

€90,000 to €121,000

Average (per year)

€104,000

Managers lead digital transformation projects in banking, insurance, or logistics sectors.

Principal/Lead (10+ years)

Salary range (per year)

€122,000+

Directors and lead product managers in multinational firms have higher pay.

Hourly Rates

For freelance or contract work, hourly rates are typically higher than equivalent salaried positions.

Junior

€28 - €38

per hour

Mid-level

€39 - €51

per hour

Senior

€52 - €74

per hour

Product managers in Luxembourg earn roughly €10,000 more than the average across neighboring EU markets. The city has a concentration of multinational headquarters and a tax regime.