What Is the Average Salary in Luxembourg?

Luxembourg is known for its high standard of living, and this extends to salaries as well. The average monthly salary in Luxembourg varies depending on several factors such as the industry, level of experience, and education level.

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Key Highlights on Luxembourg Salaries

Average Salary Across All Industries: The average gross monthly salary in Luxembourg is about 5,000 EUR

Education and Experience Impact: Those with higher education, such as a Master’s degree or PhD, tend to earn significantly more, with a 29% higher income for Master’s holders compared to Bachelor’s degree holders

Industry-Specific Salaries: Certain industries, such as finance, IT, and marketing, tend to offer higher pay. In particular, professionals in finance and business development report higher-than-average salaries.

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Breakdown by Gender

On average, men earn about 5,050 EUR per month, while women make slightly less, with an average of 4,820 EUR. This reflects a 5% gender pay gap

Salary Increases and Bonuses

Luxembourg offers generous salary increases, with the average raise around 6-8% annually

Moreover, 56% of employees receive performance-based bonuses, with amounts varying from 2-7% of the salary

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The salary landscape in Luxembourg provides ample opportunities, especially for skilled professionals. Whether you’re considering a move to Luxembourg or planning to expand your career there, understanding the pay scale and growth potential can help you make an informed decision.

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