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Bank Branch Manager Average Salary in Austria 2024

How much money does a person working as Bank Branch Manager make in Austria?


Average Monthly Salary
7,070 EUR
( 84,900 EUR yearly)

LOW
3,610
EUR
AVERAGE
7,070
EUR
HIGH
10,900
EUR
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Bank Branch Manager in Austria typically earns around 7,070 EUR. Salaries range from 3,610 EUR (lowest) to 10,900 EUR (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Bank Branch Manager salaries in Austria vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Bank Branch Manager Pay Scale and Salaries in Austria

Median and salary distribution Austria Bank Branch Manager monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
6,460 EUR or more
10% of people earn
5,740 to 6,460 EUR
20% of people earn
4,150 EUR or less
65% of people earn
4,150 to 5,740 EUR
Minimum Salary
3,610 EUR
Median
6,490 EUR
Maximum
10,900 EUR




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Bank Branch Manager in Austria range from 3,610 EUR (starting salary) to 10,900 EUR (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 6,490 EUR, half of the professionals who work as Bank Branch Manager in Austria earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Bank Branch Manager in Austria earn less than 5,360 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 7,380 EUR while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Bank Branch Manager in Austria compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 4,150 EUR to 5,740 EUR. About 20% of salaries are below the 4,150 EUR mark, while 10% fall within the range of 5,740 EUR to 6,460 EUR. Only 5% of individuals have salaries exceeding 6,460 EUR.

Salary Comparison by Years of Experience / Bank Branch Manager / Austria

How do experience and age affect pay?

0 - 2 Years
4,040 EUR
2 - 5 Years+31%
5,280 EUR
5 - 10 Years+40%
7,400 EUR
10 - 15 Years+20%
8,890 EUR
15 - 20 Years+9%
9,650 EUR
20+ Years+8%
10,400 EUR
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Austria 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 the wage. We broke down salaries by experience level for people working as Bank Branch Manager and this is what we found.


All salary figures displayed here are per month except when noted otherwise.

Employees with less than two years of experience earn approximately 4,040 EUR.

While someone with an experience level between two and five years is expected to earn 5,280 EUR, 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 7,400 EUR, 40% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 8,890 EUR, 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 9,650 EUR, 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 10,400 EUR, 8% more than people with fifteen to twenty 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.

Typical Salary Progress for Most Careers

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

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Bank Branch Manager.

Bachelor's Degree
4,990 EUR
Master's Degree+77%
8,850 EUR
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Austria 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 salaries by education level for the position Bank Branch Manager in order to make a comparison.


Level 1: Bachelor's Degree

Employees at this education level have an average salary of 4,990 EUR.


Level 2: Master's Degree

At this level, the average salary becomes 8,850 EUR, 77% more than the previous level.



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 Austria costs anywhere from 19,000 EUR to 57,000 EUR 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 to a higher-paying job. The numbers seem to support the theory. 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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Salary and Compensation Comparison By Gender / Bank Branch Manager / Austria

Salary comparison by gender Austria Bank Branch Manager monthly
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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? For the people who work as Bank Branch Manager in Austria, the average difference between the salary of male and female employees is 5%.

Male
7,240 EUR
Female-4%
6,910 EUR
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Austria for all Careers

Salary comparison by gender monthly Austria
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Average Annual Salary Increment Percentage / Bank Branch Manager / Austria

How much are annual salary increments in Austria for individuals working as Bank Branch Manager? How often do employees get salary raises?

Individuals working as Bank Branch Manager in Austria are likely to observe a salary increase of approximately 10% every 28 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Austria 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.

Austria / All Professions

Annual Salary Increment Rate Austria
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare 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 Austria is 2%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates / Bank Branch Manager / Austria

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Austria Bank Branch Manager
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37% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 63% 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
63%
No Bonus
37%

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.

Average Hourly Wage / Bank Branch Manager / Austria


41 EUR per hour

The average hourly wage (pay per hour) for individuals working as Bank Branch Manager in Austria is 41 EUR.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

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 fixed 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.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Bank Branch Manager in Austria is 21 EUR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Banking-100%
AML Analyst6,170 EUR-13%
Assistant Bank Branch Manager5,260 EUR-26%
Assistant Bank Manager7,040 EUR-0%
ATM Manager5,460 EUR-23%
ATM Service Technician1,530 EUR-78%
Bank Accounts Analyst2,380 EUR-66%
Bank Accounts Collector1,400 EUR-80%
Bank Accounts Controller2,910 EUR-59%
Bank Accounts Executive4,380 EUR-38%
Bank Accounts Manager5,150 EUR-27%
Bank Auditing Manager4,990 EUR-29%
Bank Branch Manager7,070 EUR-0%
Bank Branch Operations Coordinator3,130 EUR-56%
Bank Clerk1,350 EUR-81%
Bank Client Service Associate1,820 EUR-74%
Bank Collector1,340 EUR-81%
Bank Compliance Specialist3,760 EUR-47%
Bank Manager8,320 EUR+18%
Bank Operational Risk Manager8,160 EUR+15%
Bank Operations Head8,260 EUR+17%
Bank Operations Officer3,410 EUR-52%
Bank Operations Specialist5,270 EUR-25%
Bank Process Manager4,710 EUR-33%
Bank Product Manager 5,330 EUR-25%
Bank Programme Manager5,740 EUR-19%
Bank Project Manager6,610 EUR-7%
Bank Propositions Manager5,800 EUR-18%
Bank Quantitative Analyst3,960 EUR-44%
Bank Regional Manager8,420 EUR+19%
Bank Regional Risk Officer4,470 EUR-37%
Bank Relationship Manager6,260 EUR-11%
Bank Relationship Officer2,770 EUR-61%
Bank Sustainability Analyst4,620 EUR-35%
Bank Teller1,430 EUR-80%
Banker2,810 EUR-60%
Banking Business Analyst4,350 EUR-38%
Banking Business Development Officer2,590 EUR-63%
Banking Business Planning Executive6,080 EUR-14%
Banking Data Analyst4,810 EUR-32%
Banking Product Manager5,340 EUR-25%
Banking Reference Data Manager4,450 EUR-37%
Banking Regulatory Compliance Officer5,010 EUR-29%
Banking Risk Analyst4,440 EUR-37%
Banking Technical Analyst2,370 EUR-66%
Bankruptcy Coordinator3,170 EUR-55%
Bill and Account Collector1,480 EUR-79%
Blockchain Analyst3,710 EUR-48%
Blockchain Architect4,370 EUR-38%
Blockchain Auditor3,920 EUR-45%
Blockchain Compliance Analyst3,720 EUR-47%
Blockchain Consultant3,950 EUR-44%
Blockchain Trade Facilitator3,670 EUR-48%
Budget Analyst4,390 EUR-38%
Capital Risk Manager8,130 EUR+15%
Cards Marketing Manager5,610 EUR-21%
Cash Management Manager7,350 EUR+4%
Check Processing Manager5,510 EUR-22%
Chief Blockchain Officer4,810 EUR-32%
Commercial Vault Associate4,380 EUR-38%
Corporate Banker3,030 EUR-57%
Corporate Dealer4,590 EUR-35%
Credit Analyst3,450 EUR-51%
Credit and Collections Manager6,070 EUR-14%
Credit Card Fraud Investigator4,270 EUR-40%
Credit Portfolio Manager8,380 EUR+18%
Credit Risk Analyst4,900 EUR-31%
Credit Risk Associate4,740 EUR-33%
Cryptocurrency Accountant2,810 EUR-60%
Cryptocurrency Adviser5,520 EUR-22%
Cryptocurrency Analyst3,800 EUR-46%
Cryptocurrency Compliance Manager4,790 EUR-32%
Cryptocurrency Trader4,350 EUR-38%
Digital Banking Manager5,880 EUR-17%
Digital Currency Analyst4,180 EUR-41%
Direct Bank Sales Representative2,970 EUR-58%
Exchange Control Consultant4,340 EUR-39%
Executive Account Analyst4,260 EUR-40%
Financial Bank Planning Consultant5,680 EUR-20%
Financial Banking Analysis Manager6,340 EUR-10%
Financial Banking Assistant2,080 EUR-71%
Financial Banking Systems Manager6,030 EUR-15%
Foreign Exchange Manager6,540 EUR-8%
Fraud Analyst4,380 EUR-38%
Fraud Detection Associate2,980 EUR-58%
Fraud Detection Manager6,390 EUR-10%
Fraud Detection Supervisor3,650 EUR-48%
Internal Bank Audit Manager7,820 EUR+11%
Internal Bank Auditor4,220 EUR-40%
Internal Private Banker3,000 EUR-58%
International Banking Manager9,030 EUR+28%
Investment Banking Analyst6,050 EUR-14%
Loan Analyst4,080 EUR-42%
Loan Area Manager5,450 EUR-23%
Loan Audit Team Leader5,110 EUR-28%
Loan Branch Manager4,640 EUR-34%
Loan Business Development Officer2,540 EUR-64%
Loan Clerk1,510 EUR-79%
Loan Collection and Recovery Manager5,240 EUR-26%
Loan Collection Manager5,170 EUR-27%
Loan Collector1,450 EUR-79%
Loan Examiner1,960 EUR-72%
Loan Officer1,570 EUR-78%
Loan Processing Manager4,430 EUR-37%
Loan Processor1,880 EUR-73%
Loan Quality Assurance Auditor4,290 EUR-39%
Loan Quality Assurance Manager4,830 EUR-32%
Loan Quality Assurance Representative3,270 EUR-54%
Loan Review Manager5,000 EUR-29%
Loan Team Leader4,530 EUR-36%
Loans Manager5,970 EUR-16%
Mortgage Advisor2,860 EUR-60%
Mortgage Collection Manager4,890 EUR-31%
Mortgage Collector1,380 EUR-80%
Mortgage Credit Analyst2,280 EUR-68%
Mortgage Credit Manager4,860 EUR-31%
Mortgage Development Manager5,650 EUR-20%
Mortgage Document Reviewer1,950 EUR-72%
Mortgage Funding Manager5,310 EUR-25%
Mortgage Operations Manager7,620 EUR+8%
Mortgage Payment Processing Clerk1,700 EUR-76%
Mortgage Processing Manager4,760 EUR-33%
Mortgage Processor1,900 EUR-73%
Mortgage Quality Assurance Auditor4,040 EUR-43%
Mortgage Quality Assurance Manager4,700 EUR-34%
Mortgage Servicing Clerk1,490 EUR-79%
Mortgage Servicing Manager4,790 EUR-32%
Mortgage Underwriter1,780 EUR-75%
Online Banking Manager7,780 EUR+10%
Open Banking Strategist4,390 EUR-38%
Payment Processing Clerk1,460 EUR-79%
Personal Banker3,090 EUR-56%
Personal Banking Advisor 3,080 EUR-56%
Phone Banker2,060 EUR-71%
Private Banker3,010 EUR-57%
Reconciliation and Investigation Specialist3,450 EUR-51%
Tax Officer2,680 EUR-62%
Teller1,480 EUR-79%
Trade Officer1,820 EUR-74%
Trade Product Manager4,800 EUR-32%
Trader2,040 EUR-71%
Treasury Operations Officer3,660 EUR-48%
Wealth Management Advisor6,420 EUR-9%

Salary Comparison By City

CityAverage Salary
Vienna7,380 EUR

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Austria is 7% on average across all career fields.

Private Sector
3,650 EUR
Public Sector+7%
3,920 EUR
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Bank Branch Manager in Austria?

A good and competitive compensation would range anywhere between 6,490 EUR and 7,380 EUR. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Bank Branch Manager in Austria ranges from 3,610 EUR to 5,360 EUR. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn 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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