Senior Product Manager Salary in Provincia de Madrid, Madrid

Madrid is Spain's largest city. Major employers include global banks, energy firms, and growing SaaS companies. Salaries vary across the city.

Salary by experience level

Entry-level (0-2 years)

Salary range (per year)

€42,000 to €52,000

Average (per year)

€47,000

New graduates in Madrid start at this range.

Mid-level (3-5 years)

Salary range (per year)

€52,000 to €67,000

Average (per year)

€60,000

Mid-career product managers with experience at multinational firms or startups receive higher salaries.

Senior (6-9 years)

Salary range (per year)

€67,000 to €85,000

Average (per year)

€75,000

Senior professionals in fintech, telecom, and SaaS earn higher salaries.

Principal/Lead (10+ years)

Salary range (per year)

€85,000+

Principal and lead product managers at multinational headquarters receive salaries and bonuses.

Hourly Rates

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

Junior

€24 - €32

per hour

Mid-level

€32 - €43

per hour

Senior

€43 - €54

per hour