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Bank Accounts Analyst Average Salary in Portugal 2024

How much money does a person working as Bank Accounts Analyst make in Portugal?


Average Monthly Salary
1,590 EUR
( 19,100 EUR yearly)

LOW
780
EUR
AVERAGE
1,590
EUR
HIGH
2,490
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 Accounts Analyst in Portugal typically earns around 1,590 EUR. Salaries range from 780 EUR (lowest) to 2,490 EUR (highest).


Salary Variance

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



Bank Accounts Analyst Pay Scale and Salaries in Portugal

Median and salary distribution Portugal Bank Accounts Analyst monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
1,480 EUR or more
10% of people earn
1,310 to 1,480 EUR
20% of people earn
930 EUR or less
65% of people earn
930 to 1,310 EUR
Minimum Salary
780 EUR
Median
1,490 EUR
Maximum
2,490 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 Accounts Analyst in Portugal range from 780 EUR (starting salary) to 2,490 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 1,490 EUR, half of the professionals who work as Bank Accounts Analyst in Portugal 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 Accounts Analyst in Portugal earn less than 1,220 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 1,700 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 Accounts Analyst in Portugal compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 930 EUR to 1,310 EUR. About 20% of salaries are below the 930 EUR mark, while 10% fall within the range of 1,310 EUR to 1,480 EUR. Only 5% of individuals have salaries exceeding 1,480 EUR.

Salary Comparison by Years of Experience / Bank Accounts Analyst / Portugal

How do experience and age affect pay?

0 - 2 Years
930 EUR
2 - 5 Years+29%
1,190 EUR
5 - 10 Years+38%
1,640 EUR
10 - 15 Years+24%
2,040 EUR
15 - 20 Years+7%
2,180 EUR
20+ Years+7%
2,330 EUR
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Portugal Bank Accounts Analyst
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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 Accounts Analyst 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 930 EUR.

While someone with an experience level between two and five years is expected to earn 1,190 EUR, 29% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 1,640 EUR, 38% 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 2,040 EUR, 24% 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 2,180 EUR, 7% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 2,330 EUR, 7% 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 Accounts Analyst / Portugal

How do education levels affect salaries?

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

Certificate or Diploma
1,190 EUR
Bachelor's Degree+34%
1,600 EUR
Master's Degree+53%
2,450 EUR
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Portugal Bank Accounts Analyst
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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 Accounts Analyst in order to make a comparison.


Level 1: Certificate or Diploma

Employees at this education level have an average salary of 1,190 EUR.


Level 2: Bachelor's Degree

At this level, the average salary becomes 1,600 EUR, 34% more than the previous level.


Level 3: Master's Degree

At this level, the average salary becomes 2,450 EUR, 53% 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 Portugal costs anywhere from 13,800 EUR to 41,400 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 Accounts Analyst / Portugal

Salary comparison by gender Portugal Bank Accounts Analyst 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 Accounts Analyst in Portugal, the average difference between the salary of male and female employees is 5%.

Male
1,630 EUR
Female-5%
1,550 EUR
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Portugal for all Careers

Salary comparison by gender monthly Portugal
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Average Annual Salary Increment Percentage / Bank Accounts Analyst / Portugal

How much are annual salary increments in Portugal for individuals working as Bank Accounts Analyst? How often do employees get salary raises?

Individuals working as Bank Accounts Analyst in Portugal are likely to observe a salary increase of approximately 12% every 14 months. The national average annual increment for all professions combined is 9% granted to employees every 16 months.

Annual Salary Increment Rate Portugal Bank Accounts Analyst
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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.

Portugal / All Professions

Annual Salary Increment Rate Portugal
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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 Portugal is 7%.

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 Accounts Analyst / Portugal

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Portugal Bank Accounts Analyst
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45% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 55% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.

Received Bonus
55%
No Bonus
45%

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 Accounts Analyst / Portugal


9 EUR per hour

The average hourly wage (pay per hour) for individuals working as Bank Accounts Analyst in Portugal is 9 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 Accounts Analyst in Portugal is 5 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 Analyst4,050 EUR+150%
Assistant Bank Branch Manager3,530 EUR+120%
Assistant Bank Manager4,450 EUR+180%
ATM Manager4,050 EUR+150%
ATM Service Technician1,090 EUR-32%
Bank Accounts Analyst1,590 EUR-0%
Bank Accounts Collector960 EUR-40%
Bank Accounts Controller2,070 EUR+30%
Bank Accounts Executive3,000 EUR+88%
Bank Accounts Manager3,390 EUR+110%
Bank Auditing Manager3,410 EUR+110%
Bank Branch Manager4,930 EUR+210%
Bank Branch Operations Coordinator2,140 EUR+34%
Bank Clerk960 EUR-40%
Bank Client Service Associate1,300 EUR-18%
Bank Collector990 EUR-38%
Bank Compliance Specialist2,570 EUR+61%
Bank Manager5,350 EUR+240%
Bank Operational Risk Manager5,360 EUR+240%
Bank Operations Head5,770 EUR+260%
Bank Operations Officer2,290 EUR+44%
Bank Operations Specialist3,610 EUR+130%
Bank Process Manager3,220 EUR+100%
Bank Product Manager 3,570 EUR+120%
Bank Programme Manager3,850 EUR+140%
Bank Project Manager4,520 EUR+180%
Bank Propositions Manager3,890 EUR+140%
Bank Quantitative Analyst2,820 EUR+77%
Bank Regional Manager5,990 EUR+280%
Bank Regional Risk Officer2,940 EUR+84%
Bank Relationship Manager4,280 EUR+170%
Bank Relationship Officer1,940 EUR+22%
Bank Sustainability Analyst3,160 EUR+98%
Bank Teller1,000 EUR-37%
Banker1,920 EUR+20%
Banking Business Analyst2,980 EUR+87%
Banking Business Development Officer1,880 EUR+18%
Banking Business Planning Executive4,160 EUR+160%
Banking Data Analyst3,500 EUR+120%
Banking Product Manager3,510 EUR+120%
Banking Reference Data Manager3,300 EUR+110%
Banking Regulatory Compliance Officer3,500 EUR+120%
Banking Risk Analyst2,810 EUR+76%
Banking Technical Analyst1,490 EUR-7%
Bankruptcy Coordinator2,090 EUR+31%
Bill and Account Collector1,010 EUR-37%
Blockchain Analyst2,490 EUR+56%
Blockchain Architect2,810 EUR+76%
Blockchain Auditor2,680 EUR+68%
Blockchain Compliance Analyst2,700 EUR+69%
Blockchain Consultant2,760 EUR+73%
Blockchain Trade Facilitator2,320 EUR+46%
Budget Analyst2,830 EUR+78%
Capital Risk Manager5,560 EUR+250%
Cards Marketing Manager3,760 EUR+140%
Cash Management Manager5,130 EUR+220%
Check Processing Manager3,690 EUR+130%
Chief Blockchain Officer3,290 EUR+110%
Commercial Vault Associate2,880 EUR+81%
Corporate Banker2,120 EUR+33%
Corporate Dealer3,080 EUR+93%
Credit Analyst2,270 EUR+42%
Credit and Collections Manager3,830 EUR+140%
Credit Card Fraud Investigator3,160 EUR+98%
Credit Portfolio Manager5,400 EUR+240%
Credit Risk Analyst3,290 EUR+110%
Credit Risk Associate3,110 EUR+95%
Cryptocurrency Accountant1,920 EUR+20%
Cryptocurrency Adviser3,630 EUR+130%
Cryptocurrency Analyst2,650 EUR+66%
Cryptocurrency Compliance Manager3,210 EUR+100%
Cryptocurrency Trader3,090 EUR+94%
Digital Banking Manager4,100 EUR+160%
Digital Currency Analyst2,920 EUR+83%
Direct Bank Sales Representative2,110 EUR+32%
Exchange Control Consultant3,030 EUR+90%
Executive Account Analyst2,860 EUR+79%
Financial Bank Planning Consultant3,740 EUR+130%
Financial Banking Analysis Manager4,160 EUR+160%
Financial Banking Assistant1,450 EUR-9%
Financial Banking Systems Manager4,050 EUR+150%
Foreign Exchange Manager4,220 EUR+160%
Fraud Analyst3,000 EUR+88%
Fraud Detection Associate2,040 EUR+28%
Fraud Detection Manager4,460 EUR+180%
Fraud Detection Supervisor2,650 EUR+66%
Internal Bank Audit Manager5,240 EUR+230%
Internal Bank Auditor2,720 EUR+71%
Internal Private Banker2,100 EUR+32%
International Banking Manager6,180 EUR+290%
Investment Banking Analyst4,310 EUR+170%
Loan Analyst3,020 EUR+89%
Loan Area Manager3,450 EUR+120%
Loan Audit Team Leader3,230 EUR+100%
Loan Branch Manager3,440 EUR+120%
Loan Business Development Officer1,810 EUR+14%
Loan Clerk1,030 EUR-35%
Loan Collection and Recovery Manager3,650 EUR+130%
Loan Collection Manager3,390 EUR+110%
Loan Collector970 EUR-39%
Loan Examiner1,260 EUR-21%
Loan Officer1,100 EUR-31%
Loan Processing Manager3,030 EUR+90%
Loan Processor1,370 EUR-14%
Loan Quality Assurance Auditor2,990 EUR+88%
Loan Quality Assurance Manager3,240 EUR+100%
Loan Quality Assurance Representative2,100 EUR+32%
Loan Review Manager3,420 EUR+110%
Loan Team Leader2,980 EUR+87%
Loans Manager4,010 EUR+150%
Mortgage Advisor2,000 EUR+25%
Mortgage Collection Manager3,280 EUR+110%
Mortgage Collector990 EUR-38%
Mortgage Credit Analyst1,560 EUR-2%
Mortgage Credit Manager3,200 EUR+100%
Mortgage Development Manager3,940 EUR+150%
Mortgage Document Reviewer1,310 EUR-18%
Mortgage Funding Manager3,790 EUR+140%
Mortgage Operations Manager4,910 EUR+210%
Mortgage Payment Processing Clerk1,170 EUR-27%
Mortgage Processing Manager3,260 EUR+100%
Mortgage Processor1,380 EUR-13%
Mortgage Quality Assurance Auditor2,940 EUR+84%
Mortgage Quality Assurance Manager3,280 EUR+110%
Mortgage Servicing Clerk1,040 EUR-35%
Mortgage Servicing Manager3,210 EUR+100%
Mortgage Underwriter1,190 EUR-25%
Online Banking Manager5,120 EUR+220%
Open Banking Strategist3,060 EUR+92%
Payment Processing Clerk1,020 EUR-36%
Personal Banker2,160 EUR+36%
Personal Banking Advisor 2,200 EUR+38%
Phone Banker1,380 EUR-13%
Private Banker2,020 EUR+27%
Reconciliation and Investigation Specialist2,310 EUR+45%
Tax Officer1,800 EUR+13%
Teller970 EUR-39%
Trade Officer1,250 EUR-22%
Trade Product Manager3,490 EUR+120%
Trader1,420 EUR-11%
Treasury Operations Officer2,660 EUR+67%
Wealth Management Advisor4,130 EUR+160%

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 Portugal is 6% on average across all career fields.

Private Sector
2,690 EUR
Public Sector+6%
2,850 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 Accounts Analyst in Portugal?

A good and competitive compensation would range anywhere between 1,490 EUR and 1,700 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 Accounts Analyst in Portugal ranges from 780 EUR to 1,220 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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