How much money does a person working in Accounting and Finance make in Austria?
Average Monthly Salary
3,930 EUR
( 47,200 EUR yearly)
LOW
1,580
EUR
AVERAGE
3,930
EUR
HIGH
7,840
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 in Accounting and Finance in Austria typically earns around 3,930 EUR. Salaries range from 1,580 EUR (lowest average) to 7,840 EUR (highest average, actual maximum salary is higher).
Salary Variance
The provided figure represents the median compensation that encompasses housing, transportation, and other perks. The salaries within the Accounting and Finance domain in Austria exhibit significant discrepancies across various professions. In case you seek information about the remuneration of a specific position, please refer to the salaries listed below for respective job titles.
Salaries for specific jobs
Accounting and Finance | |
Account Examiner | 2,040 EUR |
Account Executive | 3,470 EUR |
Accountant | 2,750 EUR |
Accounting Analyst | 3,550 EUR |
|
Accounting Assistant | 2,180 EUR |
Accounting Associate | 2,020 EUR |
Accounting Clerk | 1,670 EUR |
Accounting Coordinator | 2,450 EUR |
Accounting Head | 5,490 EUR |
Accounting Manager | 5,640 EUR |
Accounting Officer | 1,970 EUR |
Accounting Specialist | 3,650 EUR |
Accounting Supervisor | 3,960 EUR |
Accounting Technician | 1,920 EUR |
Accounting Unit Controller | 4,440 EUR |
Accounts Executive | 3,450 EUR |
Accounts Officer | 2,140 EUR |
Accounts Payable and Receivable Specialist | 2,890 EUR |
Accounts Payable Assistant | 2,240 EUR |
Accounts Payable Associate | 2,590 EUR |
Accounts Payable Clerk | 2,000 EUR |
Accounts Payable Manager | 5,390 EUR |
Accounts Receivable Administrator | 3,860 EUR |
Accounts Receivable Clerk | 2,060 EUR |
Accounts Receivable Financial Analyst | 3,830 EUR |
Accounts Receivable Manager | 5,460 EUR |
Accounts Receivable Team Leader | 4,060 EUR |
Algorithmic Trading Specialist | 5,000 EUR |
Assistant Accountant | 2,090 EUR |
Assistant Accounting Manager | 5,340 EUR |
Assistant Auditor | 2,640 EUR |
Assistant Corporate Controller | 3,800 EUR |
Assistant Finance Manager | 5,570 EUR |
Assistant Financial Controller | 3,750 EUR |
Audit Director | 6,160 EUR |
Audit Supervisor | 4,980 EUR |
Auditing Clerk | 2,140 EUR |
Auditing Manager | 5,990 EUR |
Billing Clerk | 2,010 EUR |
Billing Coordinator | 2,440 EUR |
Billing Specialist | 2,830 EUR |
Billing Supervisor | 4,160 EUR |
Bookkeeper | 1,820 EUR |
Bookkeeping Specialist | 2,620 EUR |
Budget Analyst | 4,810 EUR |
Budget Manager | 5,840 EUR |
Business Support Analyst | 2,980 EUR |
Capital Markets Associate | 4,230 EUR |
Cash Flow Analyst | 4,330 EUR |
Cash Management Manager | 5,210 EUR |
Cash Management Officer | 3,070 EUR |
Cashbook Clerk | 1,790 EUR |
Chartered Accountant | 3,460 EUR |
Chief Accountant | 4,280 EUR |
Chief Financial Technology Officer | 5,790 EUR |
Collections Clerk | 1,760 EUR |
Collections Representative | 2,370 EUR |
Collections Specialist | 2,680 EUR |
Corporate Controller | 4,560 EUR |
Corporate Treasurer | 5,030 EUR |
Cost Accountant | 2,810 EUR |
Cost Accounting Manager | 5,300 EUR |
Cost Accounting Supervisor | 4,530 EUR |
Cost Analyst | 4,320 EUR |
Credit and Collection Manager | 5,660 EUR |
Credit and Collection Staff | 2,120 EUR |
Credit and Loans Officer | 1,980 EUR |
Credit Controller | 3,920 EUR |
Credit Manager | 5,800 EUR |
Debt Adviser | 4,720 EUR |
Debt Collector | 2,330 EUR |
Debtors Clerk | 1,860 EUR |
Debtors Controller | 1,970 EUR |
Deputy CFO | 7,230 EUR |
Deputy Head of Finance | 7,440 EUR |
Derivative Trader | 4,940 EUR |
Director of Finance | 8,060 EUR |
E-commerce Accountant | 2,830 EUR |
Economist | 6,460 EUR |
Equity Analyst | 4,760 EUR |
Escrow Assistant | 2,520 EUR |
Executive Accountant | 3,030 EUR |
External Auditor | 3,710 EUR |
Finance Administrator | 3,330 EUR |
Finance Analyst | 4,770 EUR |
Finance Associate | 2,510 EUR |
Finance Data Analyst | 4,470 EUR |
Finance Director | 7,820 EUR |
Finance Executive | 5,610 EUR |
Finance Licensing Clerk | 2,060 EUR |
Finance Licensing Manager | 5,010 EUR |
Finance Licensing Specialist | 2,880 EUR |
Finance Manager | 7,530 EUR |
Finance Officer | 2,510 EUR |
Finance President | 7,900 EUR |
Finance Relationship Manager | 6,270 EUR |
Finance Release Analyst | 3,160 EUR |
Finance Specialist | 4,520 EUR |
Finance Team Leader | 6,130 EUR |
Financial Accountant | 2,640 EUR |
Financial Actuary | 4,400 EUR |
Financial Administrator | 4,760 EUR |
Financial Advisor | 5,020 EUR |
Financial Analyst | 5,130 EUR |
Financial Applications Specialist | 3,370 EUR |
Financial Assistant | 2,200 EUR |
Financial Associate | 2,240 EUR |
Financial Associate | 2,680 EUR |
Financial Claims Analyst | 3,710 EUR |
Financial Claims Manager | 4,980 EUR |
Financial Claims Supervisor | 4,690 EUR |
Financial Clerk | 2,120 EUR |
Financial Commercial Analyst | 4,060 EUR |
Financial Compliance Analyst | 4,400 EUR |
Financial Compliance Officer | 4,440 EUR |
Financial Consultant | 3,630 EUR |
Financial Controller | 4,400 EUR |
Financial Controller | 4,540 EUR |
Financial Coordinator | 2,440 EUR |
Financial Customer Service Manager | 5,160 EUR |
Financial Data Scientist | 5,290 EUR |
Financial Dealer and Broker | 3,040 EUR |
Financial Director | 8,370 EUR |
Financial Encoder | 2,250 EUR |
Financial Manager | 7,330 EUR |
Financial Manager | 8,090 EUR |
Financial Modelling Analyst | 5,180 EUR |
Financial Operations Manager | 7,030 EUR |
Financial Policy Analyst | 4,420 EUR |
Financial Project Manager | 5,500 EUR |
Financial Quantitative Analyst | 4,840 EUR |
Financial Reporting Consultant | 4,140 EUR |
Financial Reporting Manager | 5,450 EUR |
Financial Section Head | 5,500 EUR |
Financial Services Manager | 6,750 EUR |
Financial Services Sales Agent | 2,890 EUR |
Financial Technology Consultant | 4,160 EUR |
Financial Wellness Coach | 5,510 EUR |
FinTech Analyst | 4,690 EUR |
Fixed Assets Administrator | 2,870 EUR |
Forensic Accountant | 3,160 EUR |
Fraud Detection Supervisor | 3,530 EUR |
Fraud Prevention Manager | 5,360 EUR |
Fund Accountant | 2,550 EUR |
Grants Coordinator | 2,080 EUR |
Green Finance Analyst | 4,200 EUR |
Group Financial Manager | 7,990 EUR |
Internal Auditor | 3,590 EUR |
Internal Control Adviser | 4,500 EUR |
Internal Control Officer | 2,290 EUR |
International Tax Director | 6,730 EUR |
Inventory Accountant | 2,730 EUR |
Investment Advisor | 7,240 EUR |
Investment Analyst | 5,420 EUR |
Investment Associate | 4,830 EUR |
Investment Broker | 4,670 EUR |
Investment Fund Manager | 5,890 EUR |
Investment Operations Manager | 6,290 EUR |
Investment Underwriter | 2,280 EUR |
Investor | 3,700 EUR |
Investor Relations Manager | 5,280 EUR |
KYC Team Leader | 5,510 EUR |
Loan Processor | 2,210 EUR |
Management Accountant | 3,140 EUR |
Management Economist | 6,110 EUR |
Paymaster | 2,270 EUR |
Payroll Administrator | 3,550 EUR |
Payroll Benefits Coordinator | 2,930 EUR |
Payroll Billing Manager | 4,920 EUR |
Payroll Clerk | 2,380 EUR |
Payroll Manager | 5,070 EUR |
Payroll Officer | 2,380 EUR |
Payroll Specialist | 2,880 EUR |
Payroll Supervisor | 3,590 EUR |
Pensions Administrator | 2,780 EUR |
Personal Financial Advisor | 4,090 EUR |
Pricing Analyst | 4,600 EUR |
Private Equity Analyst | 4,650 EUR |
Project Accountant | 3,030 EUR |
Proposal Development Coordinator | 2,330 EUR |
Quantitative Trader | 3,970 EUR |
Receivables Accountant | 2,640 EUR |
Regulatory Accountant | 3,110 EUR |
Retirement Plan Analyst | 4,560 EUR |
Revenue Management Specialist | 4,350 EUR |
Revenue Recognition Analyst | 5,150 EUR |
Risk Management Director | 6,460 EUR |
Risk Management Supervisor | 5,390 EUR |
Staff Accountant | 2,750 EUR |
Tax Accountant | 2,570 EUR |
Tax Administrator | 2,900 EUR |
Tax Advisor | 4,150 EUR |
Tax Analyst | 4,210 EUR |
Tax Associate | 2,340 EUR |
Tax Consultant | 4,450 EUR |
Tax Director | 6,550 EUR |
Tax Examiner | 2,910 EUR |
Tax Manager | 5,650 EUR |
Tax Research Manager | 5,730 EUR |
Teller | 1,690 EUR |
Treasury Accountant | 2,880 EUR |
Treasury Analyst | 4,650 EUR |
Underwriter | 1,870 EUR |
Underwriting Assistant | 1,780 EUR |
Vice President of Finance | 7,840 EUR |
Accounting and Finance Jobs Pay Scale and Salaries in Austria
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/austria/accounting-and-finance/median-and-salary-distribution-monthly-austria-accounting-and-finance.jpg Salary Structure and Pay Scale Comparison
5% of people earn
3,960 EUR or more
10% of people earn
3,350 to 3,960 EUR
20% of people earn
2,020 EUR or less
65% of people earn
2,020 to 3,350 EUR
Minimum Salary 1,580 EUR |
Median 3,470 EUR |
Maximum 7,840 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 in Accounting and Finance in Austria range from 1,580 EUR (starting average salary) to 7,840 EUR (maximum average salary, actual maximum is higher). To clarify, the number presented is not the legally mandated minimum wage. Rather, it represents the lowest figure reported in a salary survey that involved thousands of participants and professionals from across the entire country.
Median Salary
The median income in the field of Accounting and Finance is 3,470 EUR, implying that half of the workforce in Austria earns less than this figure, and the other half earns more. It represents the central value of salaries. As a rule of thumb, you would prefer to be part of the group earning above the median wage, situated on the right-hand side of the salary distribution chart.
Percentiles and Salary Scale
Two values that are highly correlated with the median are the 25th and 75th percentiles. By examining the salary distribution diagram, it is possible to determine that 25% of individuals employed in Accounting and Finance in Austria earn less than 2,720 EUR, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 4,190 EUR, while 25% earn more than that.
Pay Scale Structure
Data was regrouped into brackets to provide a better understanding of what salaries can be expected. This approach was deemed more accurate than relying solely on the average salary, as it offers greater insights into the distribution of salaries in the field of Accounting and Finance in Austria. The analysis revealed that roughly 65% of all reported salaries fell within the range of 2,020 EUR to 3,350 EUR. Approximately 20% of salaries were below the 2,020 EUR mark, while 10% ranged from 3,350 EUR to 3,960 EUR. Only 5% of individuals earned a gross salary of 3,960 EUR or higher.
Salary Comparison by Years of Experience
How does a person's salary progress over time?
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage.
Generally speaking, employees in Accounting and Finance in Austria having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.
Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.
As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.
Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.
Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.
“ On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark. ”
Salary Comparison By Education
How does the education level affect your salary?
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.
It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income?
We compared the salaries of professionals at the same level but with different college degree levels across many jobs in Accounting and Finance in Austria, below are our findings.
Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.
Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a certificate or diploma.
Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.
Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.
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.
Employees can't expect any salary increases during the study period, assuming they 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 this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
The decision really depends on the situation and experience among many other factors. Putting all variables aside, if a person can afford the costs of higher education then the return on investment is definitely worth it. Degree costs can be recovered roughly in a year or so.
Salary and Compensation Comparison By Gender / Accounting and Finance / Austria
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/austria/accounting-and-finance/salary-comparison-by-gender-monthly-austria-accounting-and-finance.jpg Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? In the field of Accounting and Finance in Austria, the average difference between the salary of male and female employees is 5%.
Male | | 4,020 EUR |
Female | -4% | 3,840 EUR |
Percentage increase and decrease are relative to the previous value
Salary Comparison By Gender in Austria for all Careers
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/austria/salary-comparison-by-gender-monthly-austria.jpg
Average Annual Salary Increment Percentage / Accounting and Finance / Austria
How much are annual salary increments in Austria for individuals working in Accounting and Finance? How often do employees get salary raises?
Professionals working in Accounting and Finance in Austria are likely to observe a salary increase of approximately 7% every 26 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/austria/accounting-and-finance/annual-salary-increment-rate-austria-accounting-and-finance.jpg 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
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/austria/annual-salary-increment-rate-austria.jpg 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
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/images/salary-increment-world.jpg 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 / Accounting and Finance / Austria
How much and how often are bonuses being awarded?Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/austria/accounting-and-finance/annual-salary-bonus-rate-austria-accounting-and-finance.jpg
43% of surveyed staff in Accounting and Finance reported that they haven't received any bonuses or incentives in the previous year while 57% 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 | | 57% |
No Bonus | | 43% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese 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 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. |
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.
Hourly Average Wage / Accounting and Finance / Austria
23 EUR
per hour The average hourly wage (pay per hour) in Accounting and Finance in Austria is 23 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 in Accounting and Finance in Austria is 9 EUR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary Comparison By City
Dornbirn | 3,590 EUR |
Graz | 4,620 EUR |
Innsbruck | 3,960 EUR |
Klagenfurt | 3,890 EUR |
Linz | 4,110 EUR |
Salzburg | 4,030 EUR |
St. Polten | 3,670 EUR |
Vienna | 4,700 EUR |
Villach | 3,810 EUR |
Wels | 3,740 EUR |
Wiener Neustadt | 3,520 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 in Accounting and Finance in Austria?
A good and competitive compensation would range anywhere between 3,470 EUR and 4,190 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 jobs in Accounting and Finance in Austria ranges from 1,580 EUR to 2,720 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