How much money does a Commercial Real Estate Manager make in Germany?
Average Monthly Salary
6,570 EUR
( 78,800 EUR yearly)
LOW
3,020
EURAVERAGE
6,570
EURHIGH
10,400
EUR
A person working as a Commercial Real Estate Manager in Germany typically earns around 6,570 EUR per month. Salaries range from 3,020 EUR (lowest) to 10,400 EUR (highest).
This is the average monthly salary including housing, transport, and other benefits. Commercial Real Estate Manager salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Commercial Real Estate Manager Salary Distribution in Germany
The median, the maximum, the minimum, and the range
Salary Range
Commercial Real Estate Manager salaries in Germany range from 3,020 EUR per month (minimum salary) to 10,400 EUR per month (maximum salary).
Median Salary
The median salary is 7,090 EUR per month, which means that half (50%) of people working as Commercial Real Estate Manager(s) are earning less than 7,090 EUR while the other half are earning more than 7,090 EUR. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Percentiles
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Commercial Real Estate Manager(s) are earning less than 4,550 EUR while 75% of them are earning more than 4,550 EUR. Also from the diagram, 75% of Commercial Real Estate Manager(s) are earning less than 9,470 EUR while 25% are earning more than 9,470 EUR.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
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Commercial Real Estate Manager Salary Comparison by Years of Experience
How does experience and age affect your pay?
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Commercial Real Estate Manager salaries by experience level and this is what we found.
A Commercial Real Estate Manager with less than two years of experience makes approximately 3,430 EUR per month.
While someone with an experience level between two and five years is expected to earn 4,580 EUR per month, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 6,770 EUR per month, 48% more than someone with two to five years of experience.
“ On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark. ”
* Based on the average change in salary over time. Salary variations differ from person to person.
Additionally, Commercial Real Estate Manager(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 8,250 EUR per month, 22% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 9,000 EUR per month, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 9,740 EUR per month, 8% more than people with fifteen to twenty years of experience.
Commercial Real Estate Manager average salary change by experience in Germany
| 0 - 2 Years | 3,430 EUR | |
| 2 - 5 Years | +34% | 4,580 EUR |
| 5 - 10 Years | +48% | 6,770 EUR |
| 10 - 15 Years | +22% | 8,250 EUR |
| 15 - 20 Years | +9% | 9,000 EUR |
| 20+ Years | +8% | 9,740 EUR |
Percentage increase and decrease are relative to the previous value
Typical Salary Progress for Most Careers
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Commercial Real Estate Manager Salary Comparison By Education
How do education levels affect salaries?
Displayed below is the average salary difference between different Commercial Real Estate Manager(s) who have the same experience but different education levels.
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Commercial Real Estate Manager salaries by education level in order to make a comparison.
When the education level is High School, the average salary of a Commercial Real Estate Manager is 4,210 EUR per month.
While someone with a Certificate or Diploma gets a salary of 4,950 EUR per month, 18% more than someone having a High School degree.
A Bachelor's Degree gets its holder an average salary of 7,180 EUR per month, 45% more than someone with a Certificate or Diploma.
Professionals who hold a Master's Degree are rewarded with an average salary of 9,400 EUR per month, 31% more than someone with Bachelor's Degree.
Commercial Real Estate Manager average salary difference by education level in Germany
| High School | 4,210 EUR | |
| Certificate or Diploma | +18% | 4,950 EUR |
| Bachelor's Degree | +45% | 7,180 EUR |
| Master's Degree | +31% | 9,400 EUR |
Percentage increase and decrease are relative to the previous value
Is a Master's degree or an MBA worth it? Should you pursue higher education?
A Master's degree program or any post-graduate program in Germany costs anywhere from 19,100 Euro(s) to 57,200 Euro(s) and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support the thoery. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Typical Salary Difference by Education for Most Careers
Commercial Real Estate Manager Salary Comparison By Gender
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Commercial Real Estate Manager employees in Germany earn 6% more than their female counterparts on average.
| Male | 6,760 EUR | |
| Female | -6% | 6,380 EUR |
Percentage increase and decrease are relative to the previous value
Salary Comparison By Gender in Germany for all Careers
Commercial Real Estate Manager Average Annual Salary Increment Percentage in Germany
How much are annual salary increments in Germany for Commercial Real Estate Manager(s)? How often do employees get salary raises?
Commercial Real Estate Manager
Commercial Real Estate Manager(s) in Germany are likely to observe a salary increase of approximately 12% every 18 months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.
The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.
Germany / All Professions
The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency
“The average salary increase in one year (12 months) in Germany is 6%.”
Annual Increment Rate By Industry 2021
| Banking | 9% | |
| Energy | 9% | |
| Information Technology | 9% | |
| Healthcare | 9% | |
| Travel | 9% | |
| Construction | 9% | |
| Education | 9% |
Listed above are the average annual increase rates for each industry in Germany for the year 2021. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.
Worldwide Salary Raises: All Countries and All Jobs
Commercial Real Estate Manager Bonus and Incentive Rates in Germany
How much and how often are bonuses being awarded?
A Commercial Real Estate Manager is considered to be a high bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.
12% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 88% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.
| Received Bonus | 88% | |
| No Bonus | 12% |
Types of Bonuses Considered
Individual Performance-Based Bonuses
The most standard form of bonus where the employee is awarded based on their exceptional performance.
Company Performance Bonuses
Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based Bonuses
Granted upon achieving an important goal or milestone.
Holiday / End of Year Bonuses
These types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
“Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.”
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Commercial Real Estate Manager Average Hourly Wage in Germany
38 EUR per hour
The average hourly wage (pay per hour) in Germany is 38 EUR. This means that the average Commercial Real Estate Manager in Germany earns approximately 38 EUR for every worked hour.
Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )
The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
Commercial Real Estate Manager VS Other Jobs
The average salary for Commercial Real Estate Manager is 52% more than that of Real Estate. Also, Real Estate salaries are 13% more than those of All Jobs.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Acquisition Associate | 2,980 EUR |  -55% |
| Assistant Leasing Manager | 4,090 EUR | -38% |
| Assistant Property Manager | 3,840 EUR | -42% |
| Brokerage | 3,120 EUR | -52% |
| Commercial Leasing Manager | 6,330 EUR | -4% |
| Commercial Real Estate Manager | 6,570 EUR |  +0% |
| Community Development Manager | 5,640 EUR | -14% |
| Compliance Specialist | 2,840 EUR | -57% |
| Development Coordinator | 3,090 EUR | -53% |
| Lease Administrator | 3,910 EUR | -40% |
| Leasing Agent | 3,100 EUR | -53% |
| Leasing Consultant | 3,780 EUR | -42% |
| Leasing Manager | 4,310 EUR | -34% |
| Lettings Assistant | 1,570 EUR | -76% |
| Portfolio Analyst | 5,050 EUR | -23% |
| Portfolio Manager | 7,490 EUR | +14% |
| Property Acquisition Agent | 2,880 EUR | -56% |
| Property and Claims Specialist | 3,860 EUR | -41% |
| Property Manager | 4,430 EUR | -33% |
| Property Operations Manager | 6,680 EUR | +2% |
| Property Tax Assistant | 3,100 EUR | -53% |
| Real Estate Administrator | 3,460 EUR | -47% |
| Real Estate Agent | 3,150 EUR | -52% |
| Real Estate Analyst | 4,200 EUR | -36% |
| Real Estate Appraiser | 3,140 EUR | -52% |
| Real Estate Assistant | 3,010 EUR | -54% |
| Real Estate Association Manager | 4,360 EUR | -34% |
| Real Estate Broker | 2,910 EUR | -56% |
| Real Estate General Manager | 6,310 EUR | -4% |
| Real Estate Project Manager | 5,530 EUR | -16% |
| Real Estate Sales Agent | 3,250 EUR | -51% |
| Real Estate Valuer | 3,360 EUR | -49% |
| Research Analyst | 2,900 EUR | -56% |
| Residential Advisor | 3,570 EUR | -46% |
| Residential Property Manager | 4,510 EUR | -31% |
| Shopping Center Manager | 6,750 EUR | +3% |
| Town Planner | 6,290 EUR | -4% |
Salary Comparison By City
| City | Average Salary |
| Berlin | 7,150 EUR |
| Bremen | 6,180 EUR |
| Dortmund | 6,460 EUR |
| Dresden | 6,010 EUR |
| Dusseldorf | 6,930 EUR |
| Essen | 6,370 EUR |
| Frankfurt | 7,210 EUR |
| Hamburg | 7,360 EUR |
| Hannover | 5,940 EUR |
| Koln | 7,020 EUR |
| Leipzig | 6,480 EUR |
| Munchen | 7,550 EUR |
| Nurnberg | 6,010 EUR |
| Stuttgart | 6,560 EUR |
Government vs Private Sector Salary Comparison
Where can you get paid more, working for a private company or for the government? Public sector employees in Germany earn 5% more than their private sector counterparts on average across all sectors.
| Private Sector | 3,720 EUR | |
| Public Sector | +5% | 3,900 EUR |
Percentage increase and decrease are relative to the previous value
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