A person working in Banking in Poland typically earns around 8,350 PLN per month. Salaries range from 2,590 PLN (lowest average) to 16,900 PLN (highest average, actual maximum salary is higher).
This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Banking careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
|Job Title||Average Salary|
|AML Analyst||11,300 PLN|
|Assistant Bank Branch Manager||9,720 PLN|
|Assistant Bank Manager||12,300 PLN|
|ATM Manager||11,200 PLN|
|ATM Service Technician||3,010 PLN|
|Bank Accounts Analyst||4,260 PLN|
|Bank Accounts Controller||5,760 PLN|
|Bank Accounts Executive||8,320 PLN|
|Bank Accounts Manager||9,390 PLN|
|Bank Auditing Manager||9,430 PLN|
|Bank Branch Manager||13,600 PLN|
|Bank Clerk||2,640 PLN|
|Bank Compliance Specialist||7,030 PLN|
|Bank Manager||15,200 PLN|
|Bank Operational Risk Manager||15,300 PLN|
|Bank Operations Head||16,400 PLN|
|Bank Operations Officer||6,430 PLN|
|Bank Operations Specialist||9,240 PLN|
|Bank Process Manager||8,390 PLN|
|Bank Product Manager||10,200 PLN|
|Bank Programme Manager||10,600 PLN|
|Bank Project Manager||12,100 PLN|
|Bank Propositions Manager||11,400 PLN|
|Bank Quantitative Analyst||7,920 PLN|
|Bank Regional Manager||16,100 PLN|
|Bank Regional Risk Officer||8,040 PLN|
|Bank Relationship Manager||11,500 PLN|
|Bank Relationship Officer||5,230 PLN|
|Banking Business Analyst||8,190 PLN|
|Banking Business Development Officer||5,180 PLN|
|Banking Business Planning Executive||11,300 PLN|
|Banking Product Manager||10,000 PLN|
|Banking Reference Data Manager||9,140 PLN|
|Banking Risk Analyst||8,060 PLN|
|Banking Technical Analyst||4,360 PLN|
|Bankruptcy Coordinator||5,910 PLN|
|Budget Analyst||7,790 PLN|
|Cards Marketing Manager||10,100 PLN|
|Cash Management Manager||14,100 PLN|
|Check Processing Manager||10,100 PLN|
|Commercial Vault Associate||7,750 PLN|
|Corporate Dealer||8,350 PLN|
|Credit Analyst||6,190 PLN|
|Credit and Collections Manager||10,500 PLN|
|Credit Card Fraud Investigator||8,620 PLN|
|Credit Portfolio Manager||15,400 PLN|
|Credit Risk Analyst||8,610 PLN|
|Credit Risk Associate||8,940 PLN|
|Direct Bank Sales Representative||5,760 PLN|
|Financial Bank Planning Consultant||10,200 PLN|
|Financial Banking Analysis Manager||11,300 PLN|
|Financial Banking Assistant||3,950 PLN|
|Financial Banking Systems Manager||11,000 PLN|
|Foreign Exchange Manager||11,400 PLN|
|Fraud Analyst||8,540 PLN|
|Fraud Detection Associate||6,090 PLN|
|Fraud Detection Manager||12,600 PLN|
|Fraud Detection Supervisor||7,170 PLN|
|Internal Bank Audit Manager||14,200 PLN|
|Internal Bank Auditor||8,100 PLN|
|International Banking Manager||16,700 PLN|
|Loan Analyst||7,850 PLN|
|Loan Area Manager||9,900 PLN|
|Loan Audit Team Leader||9,270 PLN|
|Loan Branch Manager||8,930 PLN|
|Loan Business Development Officer||4,680 PLN|
|Loan Clerk||2,950 PLN|
|Loan Collection Manager||9,710 PLN|
|Loan Collector||2,770 PLN|
|Loan Examiner||3,600 PLN|
|Loan Processing Manager||8,650 PLN|
|Loan Processor||3,510 PLN|
|Loan Quality Assurance Auditor||8,490 PLN|
|Loan Quality Assurance Manager||9,200 PLN|
|Loan Quality Assurance Representative||5,970 PLN|
|Loan Review Manager||8,760 PLN|
|Loan Team Leader||8,430 PLN|
|Mortgage Advisor||5,640 PLN|
|Mortgage Collection Manager||9,260 PLN|
|Mortgage Collector||2,510 PLN|
|Mortgage Credit Analyst||4,400 PLN|
|Mortgage Credit Manager||9,000 PLN|
|Mortgage Development Manager||10,000 PLN|
|Mortgage Document Reviewer||3,670 PLN|
|Mortgage Funding Manager||10,600 PLN|
|Mortgage Operations Manager||13,700 PLN|
|Mortgage Payment Processing Clerk||2,940 PLN|
|Mortgage Processing Manager||9,150 PLN|
|Mortgage Processor||3,500 PLN|
|Mortgage Quality Assurance Auditor||8,200 PLN|
|Mortgage Quality Assurance Manager||9,140 PLN|
|Mortgage Servicing Clerk||2,910 PLN|
|Mortgage Servicing Manager||8,990 PLN|
|Mortgage Underwriter||3,320 PLN|
|Online Banking Manager||13,800 PLN|
|Payment Processing Clerk||2,730 PLN|
|Personal Banker||5,750 PLN|
|Personal Banking Advisor||5,980 PLN|
|Phone Banker||3,730 PLN|
|Private Banker||6,000 PLN|
|Reconciliation and Investigation Specialist||6,430 PLN|
|Trade Officer||3,150 PLN|
|Trade Product Manager||9,720 PLN|
|Treasury Operations Officer||7,310 PLN|
Banking salaries in Poland range from 2,590 PLN per month (minimum average salary) to 16,900 PLN per month (maximum average salary, actual maximum is higher).
The median salary is 8,850 PLN per month, which means that half (50%) of people working in Banking are earning less than 8,850 PLN while the other half are earning more than 8,850 PLN. 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 people working in Banking are earning less than 5,150 PLN while 75% of them are earning more than 5,150 PLN. Also from the diagram, 75% of people working in Banking are earning less than 13,600 PLN while 25% are earning more than 13,600 PLN.
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 the wage.
Generally speaking, employees 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.
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 degrees levels across many jobs, 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 cerificate 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.
A Master's degree program or any post-graduate program in Poland costs anywhere from 37,800 Zloty(s) to 113,000 Zloty(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 this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then 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 employees in Poland who work in Banking earn 7% more than their female counterparts on average.
Banking professionals in Poland are likely to observe a salary increase of approximately 10% every 15 months. The national average annual increment for all professions combined is 8% granted to employees every 17 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 Poland 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.
Banking is considered to be a high bonus-based field 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.
20% of surveyed staff in Banking reported that they haven't received any bonuses or incentives in the previous year while 80% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 5% to 9% 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 Poland earn 7% 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 Banking is 10% more than that of All Jobs.