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Bank Branch Manager Average Salary in Ireland 2020

How much money does a Bank Branch Manager make in Ireland?


Average Yearly Salary
74,700 EUR
( 6,230 EUR monthly)

LOW
38,100
EUR
AVERAGE
74,700
EUR
HIGH
115,000
EUR

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 Salary Distribution in Ireland

Median and salary distribution yearly Ireland Bank Branch Manager
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The median, the maximum, the minimum, and the range

  • Salary Range

    Bank Branch Manager salaries in Ireland range from 38,100 EUR per year (minimum salary) to 115,000 EUR per year (maximum salary).

  • Median 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.

  • Percentiles

    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.


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

Bank Branch Manager Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience yearly Ireland Bank Branch Manager
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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.

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, 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.


Bank Branch Manager average salary change by experience in Ireland

0 - 2 Years
42,700 EUR
2 - 5 Years+31%
55,800 EUR
5 - 10 Years+40%
78,100 EUR
10 - 15 Years+20%
93,900 EUR
15 - 20 Years+9%
102,000 EUR
20+ Years+8%
110,000 EUR
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Bank Branch Manager Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Bank Branch Manager(s) who have the same experience but different education levels.

Salary comparison by education level yearly Ireland Bank Branch Manager
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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.


Bank Branch Manager average salary difference by education level in Ireland

Bachelor's Degree
52,700 EUR
Master's Degree+77%
93,500 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 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.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Bank Branch Manager Salary Comparison By Gender

Salary comparison by gender yearly Ireland Bank Branch Manager
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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 6% more than their female counterparts on average.

Male
76,800 EUR
Female-5%
72,700 EUR
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Ireland for all Careers

Salary comparison by gender yearly Ireland
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Bank Branch Manager Average Annual Salary Increment Percentage in Ireland

How much are annual salary increments in Ireland for Bank Branch Manager(s)? How often do employees get salary raises?

Bank Branch Manager

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.

Annual Salary Increment Rate Ireland Bank Branch Manager
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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.

Ireland / 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 Ireland is 7%.

Annual Increment Rate By Industry 2019

Banking
5%
Energy
1%
Information Technology
6%
Healthcare
2%
Travel
7%
Construction
3%
Education
8%

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.


Worldwide Salary Raises: All Countries and All Jobs

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Bank Branch Manager Bonus and Incentive Rates in Ireland

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Ireland Bank Branch Manager
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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.

Received Bonus
81%
No Bonus
19%

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 GeneratorsSupporting 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:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


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.

Bank Branch Manager Average Hourly Wage in Ireland


36 EUR per hour

The average hourly wage (pay per hour) in Ireland is 36 EUR. This means that the average Bank Branch Manager in Ireland earns approximately 36 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.

Bank Branch Manager VS Other Jobs

Salary Comparison Between Bank Branch Manager and Banking yearly Ireland
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The average salary for Bank Branch Manager is 79% more than that of Banking. Also, Banking salaries are 9% more than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
AML Analyst62,700 EUR-16%
Assistant Bank Branch Manager55,000 EUR-26%
Assistant Bank Manager70,900 EUR-5%
ATM Manager60,100 EUR-20%
ATM Service Technician16,600 EUR-78%
Bank Accounts Analyst22,500 EUR-70%
Bank Accounts Controller30,200 EUR-60%
Bank Accounts Executive44,900 EUR-40%
Bank Accounts Manager52,300 EUR-30%
Bank Auditing Manager53,800 EUR-28%
Bank Branch Manager74,700 EUR-0%
Bank Clerk13,300 EUR-82%
Bank Compliance Specialist36,700 EUR-51%
Bank Manager86,200 EUR+15%
Bank Operational Risk Manager82,900 EUR+11%
Bank Operations Head87,300 EUR+17%
Bank Operations Officer32,300 EUR-57%
Bank Operations Specialist54,100 EUR-28%
Bank Process Manager46,000 EUR-38%
Bank Product Manager 55,800 EUR-25%
Bank Programme Manager60,000 EUR-20%
Bank Project Manager64,400 EUR-14%
Bank Propositions Manager60,700 EUR-19%
Bank Quantitative Analyst41,100 EUR-45%
Bank Regional Manager91,600 EUR+23%
Bank Regional Risk Officer43,200 EUR-42%
Bank Relationship Manager61,000 EUR-18%
Bank Relationship Officer29,300 EUR-61%
Banker30,300 EUR-59%
Banking Business Analyst44,600 EUR-40%
Banking Business Development Officer26,300 EUR-65%
Banking Business Planning Executive62,400 EUR-17%
Banking Product Manager54,300 EUR-27%
Banking Reference Data Manager49,100 EUR-34%
Banking Risk Analyst42,500 EUR-43%
Banking Technical Analyst23,800 EUR-68%
Bankruptcy Coordinator32,300 EUR-57%
Budget Analyst45,500 EUR-39%
Cards Marketing Manager53,100 EUR-29%
Cash Management Manager73,900 EUR-1%
Check Processing Manager54,800 EUR-27%
Commercial Vault Associate44,500 EUR-40%
Corporate Dealer45,700 EUR-39%
Credit Analyst33,300 EUR-55%
Credit and Collections Manager58,100 EUR-22%
Credit Card Fraud Investigator44,700 EUR-40%
Credit Portfolio Manager82,700 EUR+11%
Credit Risk Analyst51,300 EUR-31%
Credit Risk Associate45,800 EUR-39%
Direct Bank Sales Representative30,800 EUR-59%
Financial Bank Planning Consultant54,900 EUR-27%
Financial Banking Analysis Manager64,400 EUR-14%
Financial Banking Assistant21,000 EUR-72%
Financial Banking Systems Manager60,100 EUR-20%
Foreign Exchange Manager64,600 EUR-14%
Fraud Analyst47,300 EUR-37%
Fraud Detection Associate32,100 EUR-57%
Fraud Detection Manager71,000 EUR-5%
Fraud Detection Supervisor38,900 EUR-48%
Internal Bank Audit Manager81,900 EUR+10%
Internal Bank Auditor43,700 EUR-42%
International Banking Manager92,700 EUR+24%
Loan Analyst42,700 EUR-43%
Loan Area Manager52,200 EUR-30%
Loan Audit Team Leader48,900 EUR-35%
Loan Branch Manager48,600 EUR-35%
Loan Business Development Officer26,300 EUR-65%
Loan Clerk15,400 EUR-79%
Loan Collection Manager52,500 EUR-30%
Loan Collector14,400 EUR-81%
Loan Examiner19,300 EUR-74%
Loan Processing Manager47,900 EUR-36%
Loan Processor20,100 EUR-73%
Loan Quality Assurance Auditor45,300 EUR-39%
Loan Quality Assurance Manager50,600 EUR-32%
Loan Quality Assurance Representative33,900 EUR-55%
Loan Review Manager51,300 EUR-31%
Loan Team Leader46,000 EUR-38%
Mortgage Advisor31,800 EUR-57%
Mortgage Collection Manager53,800 EUR-28%
Mortgage Collector15,100 EUR-80%
Mortgage Credit Analyst22,200 EUR-70%
Mortgage Credit Manager46,900 EUR-37%
Mortgage Development Manager54,000 EUR-28%
Mortgage Document Reviewer18,500 EUR-75%
Mortgage Funding Manager55,100 EUR-26%
Mortgage Operations Manager75,100 EUR+0%
Mortgage Payment Processing Clerk16,600 EUR-78%
Mortgage Processing Manager48,900 EUR-35%
Mortgage Processor19,300 EUR-74%
Mortgage Quality Assurance Auditor43,200 EUR-42%
Mortgage Quality Assurance Manager49,700 EUR-33%
Mortgage Servicing Clerk15,000 EUR-80%
Mortgage Servicing Manager47,700 EUR-36%
Mortgage Underwriter18,600 EUR-75%
Online Banking Manager79,100 EUR+6%
Payment Processing Clerk16,200 EUR-78%
Personal Banker31,100 EUR-58%
Personal Banking Advisor 31,900 EUR-57%
Phone Banker21,600 EUR-71%
Private Banker33,100 EUR-56%
Reconciliation and Investigation Specialist36,100 EUR-52%
Teller14,300 EUR-81%
Trade Officer17,800 EUR-76%
Trade Product Manager51,300 EUR-31%
Trader21,600 EUR-71%
Treasury Operations Officer37,200 EUR-50%

Salary Comparison By City

CityAverage Salary
Cork78,900 EUR
Dublin82,800 EUR
Galway71,100 EUR
Limerick75,400 EUR
Waterford67,000 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 Ireland earn 5% more than their private sector counterparts on average across all sectors.

Private Sector
37,600 EUR
Public Sector+5%
39,300 EUR
Percentage increase and decrease are relative to the previous value

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