Explore Madrid salary benchmarks
Discover salary data for over 900 roles in Madrid. Ravio has the most comprehensive, real-time talent dataset in Europe, all verified by our in-house benchmarking experts.
Madrid
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Madrid compensation types and peers available
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Compensation types included for Madrid
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How Ravio works
Connect your HRIS and get free job levelling
Securely integrate your HRIS and instantly access Ravio’s compensation data. HRIS integrations ensure our data reflects what companies are paying their team, today.
Once integrated, we’ll then level your employees for you, for free! This ensures our benchmarks are consistent and as accurate as possible.
Ravio then seamlessly syncs your internal data, so your benchmarks update when an employee joins, is promoted, or changes roles. And you never need to submit another salary survey again!
Explore real-time data on the compensation market
Access global compensation benchmarks spanning 46+ geographies and over 900 key job roles – all in one platform and sourced from over 1,500 companies.
Our total reward benchmarks cover base salary, equity, variable pay, and benefits.
Make confident compensation decisions, backed by statistically rigorous and reliably sourced benchmarks, that provide clear context for your reward strategy.
Compare your compensation packages to the market
See how your company’s salaries, equity, and variable packages compare against Ravio’s real-time benchmarks, with filters that help you benchmark compensation across role families, career levels, and locations.
Identify under- or overpaid employees in just a few clicks, helping you spot attrition risks or areas where you could use your compensation budget more wisely.
Popular benchmarks in Madrid
Select from our most popular benchmarks in the Madrid market, and find out what companies like yours are paying their most competitive roles today.
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About Madrid's jobs market
Madrid is gaining momentum as a key Southern European hub, with investment stabilising at over €3 billion in 2025. The ecosystem is less decentralised than Germany's, with Madrid and Barcelona accounting for nearly 60% of all national funding, creating intense localised competition for talent.
Madrid presents a fascinating anomaly: despite being the capital, its overall average salary (€38,577) is 4.0% lower than the rest of the country average (€40,202). This discount is consistent across key roles: Commercial talent costs €31,610 (5.8% below the regional average) and Engineering costs €56,850 (8.2% below the regional average). This suggests Madrid is a volume market with a higher concentration of junior or support roles compared to the pockets of high-cost remote or senior talent found elsewhere in Spain.
Companies like Job&talent, Cobee, Playtomic, Octopus Energy, and Personio use Ravio to professionalise their compensation structures, ensuring they can attract senior talent to the capital while capitalising on the region's overall cost efficiency.
