A person working as a Bank Branch Manager in Ireland typically earns around 74,700 EUR per year. Salaries range from 38,100 EUR (lowest) to 115,000 EUR (highest).
This is the average yearly salary including housing, transport, and other benefits. Bank Branch Manager salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Bank Branch Manager salaries in Ireland range from 38,100 EUR per year (minimum salary) to 115,000 EUR per year (maximum salary).
The median salary is 73,200 EUR per year, which means that half (50%) of people working as Bank Branch Manager(s) are earning less than 73,200 EUR while the other half are earning more than 73,200 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.
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Bank Branch Manager(s) are earning less than 50,100 EUR while 75% of them are earning more than 50,100 EUR. Also from the diagram, 75% of Bank Branch Manager(s) are earning less than 92,300 EUR while 25% are earning more than 92,300 EUR.
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
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 Bank Branch Manager salaries by experience level and this is what we found.
A Bank Branch Manager with less than two years of experience makes approximately 42,700 EUR per year.
While someone with an experience level between two and five years is expected to earn 55,800 EUR per year, 31% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 78,100 EUR per year, 40% more than someone with two to five years of experience.
Additionally, Bank Branch Manager(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 93,900 EUR per year, 20% 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 102,000 EUR per year, 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 110,000 EUR per year, 8% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+31%|
|5 - 10 Years||+40%|
|10 - 15 Years||+20%|
|15 - 20 Years||+9%|
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 Bank Branch Manager salaries by education level in order to make a comparison.
When the education level is Bachelor's Degree, the average salary of a Bank Branch Manager is 52,700 EUR per year.
While someone with a Master's Degree gets a salary of 93,500 EUR per year, 77% more than someone having a Bachelor's Degree degree.
A Master's degree program or any post-graduate program in Ireland costs anywhere from 16,000 Euro(s) to 48,100 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.
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Bank Branch Manager employees in Ireland earn 7% more than their female counterparts on average.
Bank Branch Manager(s) in Ireland are likely to observe a salary increase of approximately 14% every 16 months. The national average annual increment for all professions combined is 9% granted to employees every 16 months.
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.
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
Listed above are the average annual increase rates for each industry in Ireland for the year 2019. 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.
A Bank Branch 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.
19% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 81% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 6% to 8% of their annual salary.
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.
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.
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.
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.
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.
Where can you get paid more, working for a private company or for the government? Public sector employees in Ireland earn 5% more than their private sector counterparts on average across all sectors.
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.
The average salary for Bank Branch Manager is 76% more than that of Banking. Also, Banking salaries are 10% more than those of All Jobs.
|Job Title||Average Salary|
|AML Analyst||62,700 EUR||-16%|
|Assistant Bank Branch Manager||55,000 EUR||-26%|
|Assistant Bank Manager||70,900 EUR||-5%|
|ATM Manager||60,100 EUR||-20%|
|ATM Service Technician||16,600 EUR||-78%|
|Bank Accounts Analyst||22,500 EUR||-70%|
|Bank Accounts Controller||30,200 EUR||-60%|
|Bank Accounts Executive||44,900 EUR||-40%|
|Bank Accounts Manager||52,300 EUR||-30%|
|Bank Auditing Manager||53,800 EUR||-28%|
|Bank Branch Manager||74,700 EUR||-0%|
|Bank Clerk||13,300 EUR||-82%|
|Bank Compliance Specialist||36,700 EUR||-51%|
|Bank Manager||86,200 EUR||+15%|
|Bank Operational Risk Manager||82,900 EUR||+11%|
|Bank Operations Head||87,300 EUR||+17%|
|Bank Operations Officer||32,300 EUR||-57%|
|Bank Operations Specialist||54,100 EUR||-28%|
|Bank Process Manager||46,000 EUR||-38%|
|Bank Product Manager||55,800 EUR||-25%|
|Bank Programme Manager||60,000 EUR||-20%|
|Bank Project Manager||64,400 EUR||-14%|
|Bank Propositions Manager||60,700 EUR||-19%|
|Bank Quantitative Analyst||41,100 EUR||-45%|
|Bank Regional Manager||91,600 EUR||+23%|
|Bank Regional Risk Officer||43,200 EUR||-42%|
|Bank Relationship Manager||61,000 EUR||-18%|
|Bank Relationship Officer||29,300 EUR||-61%|
|Banking Business Analyst||44,600 EUR||-40%|
|Banking Business Development Officer||26,300 EUR||-65%|
|Banking Business Planning Executive||62,400 EUR||-17%|
|Banking Product Manager||54,300 EUR||-27%|
|Banking Reference Data Manager||49,100 EUR||-34%|
|Banking Risk Analyst||42,500 EUR||-43%|
|Banking Technical Analyst||23,800 EUR||-68%|
|Bankruptcy Coordinator||32,300 EUR||-57%|
|Budget Analyst||45,500 EUR||-39%|
|Cards Marketing Manager||53,100 EUR||-29%|
|Cash Management Manager||73,900 EUR||-1%|
|Check Processing Manager||54,800 EUR||-27%|
|Commercial Vault Associate||44,500 EUR||-40%|
|Corporate Dealer||45,700 EUR||-39%|
|Credit Analyst||33,300 EUR||-55%|
|Credit and Collections Manager||58,100 EUR||-22%|
|Credit Card Fraud Investigator||44,700 EUR||-40%|
|Credit Portfolio Manager||82,700 EUR||+11%|
|Credit Risk Analyst||51,300 EUR||-31%|
|Credit Risk Associate||45,800 EUR||-39%|
|Direct Bank Sales Representative||30,800 EUR||-59%|
|Financial Bank Planning Consultant||54,900 EUR||-27%|
|Financial Banking Analysis Manager||64,400 EUR||-14%|
|Financial Banking Assistant||21,000 EUR||-72%|
|Financial Banking Systems Manager||60,100 EUR||-20%|
|Foreign Exchange Manager||64,600 EUR||-14%|
|Fraud Analyst||47,300 EUR||-37%|
|Fraud Detection Associate||32,100 EUR||-57%|
|Fraud Detection Manager||71,000 EUR||-5%|
|Fraud Detection Supervisor||38,900 EUR||-48%|
|Internal Bank Audit Manager||81,900 EUR||+10%|
|Internal Bank Auditor||43,700 EUR||-42%|
|International Banking Manager||92,700 EUR||+24%|
|Loan Analyst||42,700 EUR||-43%|
|Loan Area Manager||52,200 EUR||-30%|
|Loan Audit Team Leader||48,900 EUR||-35%|
|Loan Branch Manager||48,600 EUR||-35%|
|Loan Business Development Officer||26,300 EUR||-65%|
|Loan Clerk||15,400 EUR||-79%|
|Loan Collection Manager||52,500 EUR||-30%|
|Loan Collector||14,400 EUR||-81%|
|Loan Examiner||19,300 EUR||-74%|
|Loan Processing Manager||47,900 EUR||-36%|
|Loan Processor||20,100 EUR||-73%|
|Loan Quality Assurance Auditor||45,300 EUR||-39%|
|Loan Quality Assurance Manager||50,600 EUR||-32%|
|Loan Quality Assurance Representative||33,900 EUR||-55%|
|Loan Review Manager||51,300 EUR||-31%|
|Loan Team Leader||46,000 EUR||-38%|
|Mortgage Advisor||31,800 EUR||-57%|
|Mortgage Collection Manager||53,800 EUR||-28%|
|Mortgage Collector||15,100 EUR||-80%|
|Mortgage Credit Analyst||22,200 EUR||-70%|
|Mortgage Credit Manager||46,900 EUR||-37%|
|Mortgage Development Manager||54,000 EUR||-28%|
|Mortgage Document Reviewer||18,500 EUR||-75%|
|Mortgage Funding Manager||55,100 EUR||-26%|
|Mortgage Operations Manager||75,100 EUR||+0%|
|Mortgage Payment Processing Clerk||16,600 EUR||-78%|
|Mortgage Processing Manager||48,900 EUR||-35%|
|Mortgage Processor||19,300 EUR||-74%|
|Mortgage Quality Assurance Auditor||43,200 EUR||-42%|
|Mortgage Quality Assurance Manager||49,700 EUR||-33%|
|Mortgage Servicing Clerk||15,000 EUR||-80%|
|Mortgage Servicing Manager||47,700 EUR||-36%|
|Mortgage Underwriter||18,600 EUR||-75%|
|Online Banking Manager||79,100 EUR||+6%|
|Payment Processing Clerk||16,200 EUR||-78%|
|Personal Banker||31,100 EUR||-58%|
|Personal Banking Advisor||31,900 EUR||-57%|
|Phone Banker||21,600 EUR||-71%|
|Private Banker||33,100 EUR||-56%|
|Reconciliation and Investigation Specialist||36,100 EUR||-52%|
|Trade Officer||17,800 EUR||-76%|
|Trade Product Manager||51,300 EUR||-31%|
|Treasury Operations Officer||37,200 EUR||-50%|