Accounting and Finance Average Salaries in Poland 2020
How much money does a person working in Accounting and Finance make in Poland?
LOW
3,150
PLN AVERAGE
7,680
PLN HIGH
15,600
PLN
A person working in Accounting and Finance in Poland typically earns around 7,680 PLN per month. Salaries range from 3,150 PLN (lowest average) to 15,600 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 Accounting and Finance careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
Salaries for specific jobs
| Job Title | Average Salary |
| Account Examiner | 3,800 PLN |
| Account Executive | 6,870 PLN |
| Accountant | 5,080 PLN |
| Accounting Assistant | 3,870 PLN |
| Accounting Associate | 3,920 PLN |
| Accounting Clerk | 3,140 PLN |
| Accounting Coordinator | 4,560 PLN |
| Accounting Manager | 11,300 PLN |
| Accounting Supervisor | 7,110 PLN |
| Accounting Technician | 3,660 PLN |
| Accounts Executive | 6,690 PLN |
| Accounts Payable and Receivable Specialist | 5,070 PLN |
| Accounts Payable Clerk | 3,830 PLN |
| Accounts Payable Manager | 9,910 PLN |
| Accounts Receivable Clerk | 4,010 PLN |
| Accounts Receivable Manager | 10,200 PLN |
| Assistant Accounting Manager | 9,830 PLN |
| Assistant Auditor | 5,090 PLN |
| Audit Supervisor | 9,270 PLN |
| Auditing Clerk | 3,990 PLN |
| Auditing Manager | 10,500 PLN |
| Billing Coordinator | 4,680 PLN |
| Billing Specialist | 5,230 PLN |
| Billing Supervisor | 7,850 PLN |
| Bookkeeper | 3,290 PLN |
| Bookkeeping Specialist | 4,990 PLN |
| Budget Analyst | 9,240 PLN |
| Budget Manager | 10,800 PLN |
| Business Support Analyst | 5,740 PLN |
| Capital Markets Associate | 7,620 PLN |
| Cash Flow Analyst | 7,680 PLN |
| Cash Management Officer | 6,110 PLN |
| Cashbook Clerk | 3,440 PLN |
| Chartered Accountant | 6,610 PLN |
| Collections Clerk | 3,080 PLN |
| Collections Specialist | 5,110 PLN |
| Corporate Treasurer | 9,570 PLN |
| Cost Accountant | 5,070 PLN |
| Cost Accounting Manager | 10,700 PLN |
| Cost Analyst | 8,360 PLN |
| Credit and Collection Manager | 10,400 PLN |
| Credit and Collection Staff | 4,130 PLN |
| Credit and Loans Officer | 3,690 PLN |
| Credit Controller | 7,500 PLN |
| Debt Adviser | 8,480 PLN |
| Debt Collector | 4,020 PLN |
| Debtors Clerk | 3,420 PLN |
| Deputy CFO | 13,600 PLN |
| Derivative Trader | 8,860 PLN |
| Escrow Assistant | 4,770 PLN |
| External Auditor | 7,590 PLN |
| Finance Associate | 4,560 PLN |
| Finance Executive | 11,500 PLN |
| Finance Licensing Clerk | 3,800 PLN |
| Finance Licensing Manager | 9,790 PLN |
| Finance Licensing Specialist | 5,400 PLN |
| Finance Officer | 4,900 PLN |
| Finance President | 15,000 PLN |
| Finance Relationship Manager | 11,500 PLN |
| Finance Release Analyst | 5,730 PLN |
| Finance Team Leader | 11,400 PLN |
| Financial Actuary | 8,090 PLN |
| Financial Administrator | 8,860 PLN |
| Financial Analyst | 9,340 PLN |
| Financial Applications Specialist | 6,540 PLN |
| Financial Assistant | 4,100 PLN |
| Financial Associate | 4,100 PLN |
| Financial Claims Analyst | 6,810 PLN |
| Financial Claims Manager | 9,680 PLN |
| Financial Commercial Analyst | 7,510 PLN |
| Financial Compliance Analyst | 8,190 PLN |
| Financial Consultant | 6,940 PLN |
| Financial Controller | 7,860 PLN |
| Financial Coordinator | 4,620 PLN |
| Financial Customer Service Manager | 9,760 PLN |
| Financial Dealer and Broker | 5,760 PLN |
| Financial Encoder | 4,550 PLN |
| Financial Manager | 14,000 PLN |
| Financial Operations Manager | 13,400 PLN |
| Financial Policy Analyst | 8,250 PLN |
| Financial Project Manager | 11,100 PLN |
| Financial Quantitative Analyst | 8,500 PLN |
| Financial Reporting Consultant | 7,810 PLN |
| Financial Reporting Manager | 10,200 PLN |
| Financial Services Sales Agent | 5,720 PLN |
| Fixed Assets Administrator | 5,470 PLN |
| Forensic Accountant | 5,830 PLN |
| Fraud Detection Supervisor | 6,410 PLN |
| Fraud Prevention Manager | 10,300 PLN |
| Fund Accountant | 4,710 PLN |
| Grants Coordinator | 4,030 PLN |
| Internal Auditor | 7,050 PLN |
| Internal Control Adviser | 8,180 PLN |
| Internal Control Officer | 4,410 PLN |
| Inventory Accountant | 5,330 PLN |
| Investment Analyst | 10,200 PLN |
| Investment Fund Manager | 11,500 PLN |
| Investment Underwriter | 4,260 PLN |
| Investor | 6,890 PLN |
| Investor Relations Manager | 10,500 PLN |
| KYC Team Leader | 9,780 PLN |
| Management Economist | 12,100 PLN |
| Paymaster | 4,200 PLN |
| Payroll Clerk | 4,550 PLN |
| Payroll Manager | 9,280 PLN |
| Pensions Administrator | 5,500 PLN |
| Pricing Analyst | 8,420 PLN |
| Private Equity Analyst | 9,540 PLN |
| Proposal Development Coordinator | 4,620 PLN |
| Receivables Accountant | 4,860 PLN |
| Regulatory Accountant | 5,660 PLN |
| Retirement Plan Analyst | 8,290 PLN |
| Revenue Management Specialist | 8,390 PLN |
| Revenue Recognition Analyst | 9,660 PLN |
| Risk Management Director | 13,000 PLN |
| Risk Management Supervisor | 10,400 PLN |
| Tax Accountant | 4,850 PLN |
| Tax Advisor | 7,940 PLN |
| Tax Associate | 4,240 PLN |
| Tax Manager | 10,500 PLN |
| Teller | 3,200 PLN |
| Treasury Accountant | 5,410 PLN |
| Treasury Analyst | 8,710 PLN |
| Underwriter | 3,780 PLN |
| Underwriting Assistant | 3,450 PLN |
| Vice President of Finance | 14,300 PLN |
Accounting and Finance Jobs Salary Distribution in Poland
The median, the maximum, the minimum, and the range
Salary Range
Accounting and Finance salaries in Poland range from 3,150 PLN per month (minimum average salary) to 15,600 PLN per month (maximum average salary, actual maximum is higher).
Median Salary
The median salary is 8,140 PLN per month, which means that half (50%) of people working in Accounting and Finance are earning less than 8,140 PLN while the other half are earning more than 8,140 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.
Percentiles
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 Accounting and Finance are earning less than 5,080 PLN while 75% of them are earning more than 5,080 PLN. Also from the diagram, 75% of people working in Accounting and Finance are earning less than 12,600 PLN while 25% are earning more than 12,600 PLN.
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
Salary Comparison by Years of Experience
How does a person's salary progress over time?
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.
Salary Comparison By Education
How does the education level affect your salary?
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.
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 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.
Accounting and Finance Salary Comparison By Gender
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 Accounting and Finance earn 7% more than their female counterparts on average.
| Female | 7,430 PLN | |
| Male | +7% | 7,970 PLN |
Salary Comparison By Gender in Poland for all Careers
Accounting and Finance Average Annual Salary Increment Percentage in Poland
How much are annual salary increments in Poland for Accounting and Finance professionals? How often do employees get salary raises?
Accounting and Finance
Accounting and Finance 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.
Poland / 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
Annual Increment Rate By Industry 2019
| Banking | 2% | |
| Energy | 4% | |
| Information Technology | 6% | |
| Healthcare | 8% | |
| Travel | 1% | |
| Construction | 3% | |
| Education | 5% |
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.
Worldwide Salary Raises: All Countries and All Jobs
Accounting and Finance Bonus and Incentive Rates in Poland
How much and how often are bonuses being awarded?
Share This Chart Tweet Get Chart Linkhttp://www.salaryexplorer.com/charts/poland/accounting-and-finance/annual-salary-bonus-rate-poland-accounting-and-finance.jpg
Accounting and Finance 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 Accounting and Finance 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.
| Received Bonus | 80% | |
| No Bonus | 20% |
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: | Example: |
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.
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.
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 Poland earn 7% more than their private sector counterparts on average across all sectors.
| Private Sector | 7,250 PLN | |
| Public Sector | +7% | 7,800 PLN |
Accounting and Finance Hourly Average Wage in Poland
44 PLN per hourThe average hourly wage (pay per hour) in Poland is 44 PLN. This means that the average person in Poland earns approximately 44 PLN for every worked hour.
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.
Accounting and Finance VS Other Jobs
The average salary for Accounting and Finance is 2% more than that of All Jobs.
Salary Comparison By City
| City | Average Salary |
| Gdansk | 7,000 PLN |
| Katowice | 6,380 PLN |
| Krakow | 8,420 PLN |
| Lublin | 6,590 PLN |
| Poznan | 7,200 PLN |
| Szczecin | 6,790 PLN |
| Warsaw | 8,650 PLN |
| Wroclaw | 8,190 PLN |
