How much money does a person working in Accounting and Finance make in Amsterdam?
Average Monthly Salary
5,570 EUR
( 66,800 EUR yearly)
LOW
2,330
EUR
AVERAGE
5,570
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 in Accounting and Finance in Amsterdam typically earns around 5,570 EUR. Salaries range from 2,330 EUR (lowest average) to 10,900 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 Amsterdam 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 | 2,910 EUR |
Account Executive | 4,970 EUR |
Accountant | 3,890 EUR |
Accounting Analyst | 4,710 EUR |
|
Accounting Assistant | 2,940 EUR |
Accounting Associate | 2,800 EUR |
Accounting Clerk | 2,360 EUR |
Accounting Coordinator | 3,460 EUR |
Accounting Head | 7,770 EUR |
Accounting Manager | 7,920 EUR |
Accounting Officer | 2,770 EUR |
Accounting Specialist | 5,210 EUR |
Accounting Supervisor | 5,220 EUR |
Accounting Technician | 2,830 EUR |
Accounting Unit Controller | 6,060 EUR |
Accounts Executive | 4,620 EUR |
Accounts Officer | 2,930 EUR |
Accounts Payable and Receivable Specialist | 3,840 EUR |
Accounts Payable Assistant | 3,200 EUR |
Accounts Payable Associate | 3,330 EUR |
Accounts Payable Clerk | 2,740 EUR |
Accounts Payable Manager | 7,400 EUR |
Accounts Receivable Administrator | 5,270 EUR |
Accounts Receivable Clerk | 2,750 EUR |
Accounts Receivable Financial Analyst | 5,300 EUR |
Accounts Receivable Manager | 7,310 EUR |
Accounts Receivable Team Leader | 5,270 EUR |
Algorithmic Trading Specialist | 6,520 EUR |
Assistant Accountant | 2,970 EUR |
Assistant Accounting Manager | 7,210 EUR |
Assistant Auditor | 3,670 EUR |
Assistant Corporate Controller | 5,310 EUR |
Assistant Finance Manager | 8,100 EUR |
Assistant Financial Controller | 5,040 EUR |
Audit Director | 8,670 EUR |
Audit Supervisor | 6,610 EUR |
Auditing Clerk | 2,930 EUR |
Auditing Manager | 7,570 EUR |
Billing Clerk | 2,820 EUR |
Billing Coordinator | 3,520 EUR |
Billing Specialist | 3,930 EUR |
Billing Supervisor | 5,930 EUR |
Bookkeeper | 2,520 EUR |
Bookkeeping Specialist | 3,800 EUR |
Budget Analyst | 6,670 EUR |
Budget Manager | 7,590 EUR |
Business Support Analyst | 4,120 EUR |
Capital Markets Associate | 5,510 EUR |
Cash Flow Analyst | 5,890 EUR |
Cash Management Manager | 7,310 EUR |
Cash Management Officer | 4,540 EUR |
Cashbook Clerk | 2,700 EUR |
Chartered Accountant | 4,790 EUR |
Chief Accountant | 5,460 EUR |
Chief Financial Technology Officer | 7,980 EUR |
Collections Clerk | 2,490 EUR |
Collections Representative | 3,450 EUR |
Collections Specialist | 3,710 EUR |
Corporate Controller | 5,790 EUR |
Corporate Treasurer | 6,830 EUR |
Cost Accountant | 3,950 EUR |
Cost Accounting Manager | 7,470 EUR |
Cost Accounting Supervisor | 6,100 EUR |
Cost Analyst | 5,740 EUR |
Credit and Collection Manager | 7,360 EUR |
Credit and Collection Staff | 2,820 EUR |
Credit and Loans Officer | 2,830 EUR |
Credit Controller | 5,330 EUR |
Credit Manager | 7,480 EUR |
Debt Adviser | 5,960 EUR |
Debt Collector | 3,150 EUR |
Debtors Clerk | 2,720 EUR |
Debtors Controller | 2,770 EUR |
Deputy CFO | 10,100 EUR |
Deputy Head of Finance | 10,100 EUR |
Derivative Trader | 6,470 EUR |
Director of Finance | 11,000 EUR |
E-commerce Accountant | 3,950 EUR |
Economist | 8,860 EUR |
Equity Analyst | 6,500 EUR |
Escrow Assistant | 3,470 EUR |
Executive Accountant | 4,070 EUR |
External Auditor | 5,430 EUR |
Finance Administrator | 4,250 EUR |
Finance Analyst | 6,940 EUR |
Finance Associate | 3,380 EUR |
Finance Data Analyst | 5,790 EUR |
Finance Director | 10,500 EUR |
Finance Executive | 8,140 EUR |
Finance Licensing Clerk | 2,890 EUR |
Finance Licensing Manager | 7,030 EUR |
Finance Licensing Specialist | 4,260 EUR |
Finance Manager | 10,600 EUR |
Finance Officer | 3,590 EUR |
Finance President | 11,400 EUR |
Finance Relationship Manager | 8,270 EUR |
Finance Release Analyst | 4,280 EUR |
Finance Specialist | 6,010 EUR |
Finance Team Leader | 8,400 EUR |
Financial Accountant | 3,670 EUR |
Financial Actuary | 5,610 EUR |
Financial Administrator | 6,460 EUR |
Financial Advisor | 6,930 EUR |
Financial Analyst | 6,910 EUR |
Financial Applications Specialist | 4,810 EUR |
Financial Assistant | 3,010 EUR |
Financial Associate | 3,080 EUR |
Financial Associate | 3,550 EUR |
Financial Claims Analyst | 4,820 EUR |
Financial Claims Manager | 6,670 EUR |
Financial Claims Supervisor | 5,910 EUR |
Financial Clerk | 2,930 EUR |
Financial Commercial Analyst | 5,670 EUR |
Financial Compliance Analyst | 5,860 EUR |
Financial Compliance Officer | 5,990 EUR |
Financial Consultant | 5,030 EUR |
Financial Controller | 5,950 EUR |
Financial Controller | 6,100 EUR |
Financial Coordinator | 3,510 EUR |
Financial Customer Service Manager | 6,940 EUR |
Financial Data Scientist | 6,670 EUR |
Financial Dealer and Broker | 4,000 EUR |
Financial Director | 10,800 EUR |
Financial Encoder | 3,150 EUR |
Financial Manager | 9,860 EUR |
Financial Manager | 10,500 EUR |
Financial Modelling Analyst | 6,790 EUR |
Financial Operations Manager | 9,310 EUR |
Financial Policy Analyst | 5,800 EUR |
Financial Project Manager | 7,740 EUR |
Financial Quantitative Analyst | 6,730 EUR |
Financial Reporting Consultant | 5,460 EUR |
Financial Reporting Manager | 7,110 EUR |
Financial Section Head | 6,970 EUR |
Financial Services Manager | 9,130 EUR |
Financial Services Sales Agent | 3,980 EUR |
Financial Technology Consultant | 5,690 EUR |
Financial Wellness Coach | 7,770 EUR |
FinTech Analyst | 6,240 EUR |
Fixed Assets Administrator | 3,900 EUR |
Forensic Accountant | 4,250 EUR |
Fraud Detection Supervisor | 4,510 EUR |
Fraud Prevention Manager | 7,760 EUR |
Fund Accountant | 3,550 EUR |
Grants Coordinator | 2,880 EUR |
Green Finance Analyst | 5,820 EUR |
Group Financial Manager | 10,200 EUR |
Internal Auditor | 4,950 EUR |
Internal Control Adviser | 5,710 EUR |
Internal Control Officer | 3,410 EUR |
International Tax Director | 9,250 EUR |
Inventory Accountant | 3,900 EUR |
Investment Advisor | 10,200 EUR |
Investment Analyst | 7,200 EUR |
Investment Associate | 6,140 EUR |
Investment Broker | 6,460 EUR |
Investment Fund Manager | 8,540 EUR |
Investment Operations Manager | 8,140 EUR |
Investment Underwriter | 3,200 EUR |
Investor | 4,870 EUR |
Investor Relations Manager | 7,140 EUR |
KYC Team Leader | 7,190 EUR |
Loan Processor | 3,210 EUR |
Management Accountant | 4,420 EUR |
Management Economist | 8,240 EUR |
Paymaster | 3,240 EUR |
Payroll Administrator | 4,910 EUR |
Payroll Benefits Coordinator | 4,190 EUR |
Payroll Billing Manager | 6,500 EUR |
Payroll Clerk | 3,470 EUR |
Payroll Manager | 6,780 EUR |
Payroll Officer | 3,350 EUR |
Payroll Specialist | 3,790 EUR |
Payroll Supervisor | 5,030 EUR |
Pensions Administrator | 3,830 EUR |
Personal Financial Advisor | 5,660 EUR |
Pricing Analyst | 6,160 EUR |
Private Equity Analyst | 6,530 EUR |
Project Accountant | 4,020 EUR |
Proposal Development Coordinator | 3,240 EUR |
Quantitative Trader | 5,160 EUR |
Receivables Accountant | 3,650 EUR |
Regulatory Accountant | 4,250 EUR |
Retirement Plan Analyst | 5,790 EUR |
Revenue Management Specialist | 6,330 EUR |
Revenue Recognition Analyst | 6,660 EUR |
Risk Management Director | 8,500 EUR |
Risk Management Supervisor | 7,400 EUR |
Staff Accountant | 3,560 EUR |
Tax Accountant | 3,730 EUR |
Tax Administrator | 4,300 EUR |
Tax Advisor | 5,720 EUR |
Tax Analyst | 5,450 EUR |
Tax Associate | 3,210 EUR |
Tax Consultant | 5,980 EUR |
Tax Director | 8,200 EUR |
Tax Examiner | 4,200 EUR |
Tax Manager | 7,270 EUR |
Tax Research Manager | 7,670 EUR |
Teller | 2,240 EUR |
Treasury Accountant | 3,960 EUR |
Treasury Analyst | 6,260 EUR |
Underwriter | 2,740 EUR |
Underwriting Assistant | 2,460 EUR |
Vice President of Finance | 9,840 EUR |
Accounting and Finance Jobs Pay Scale and Salaries in Amsterdam
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/netherlands/amsterdam/accounting-and-finance/median-and-salary-distribution-monthly-amsterdam-accounting-and-finance.jpg Salary Structure and Pay Scale Comparison
5% of people earn
5,540 EUR or more
10% of people earn
4,720 to 5,540 EUR
20% of people earn
2,900 EUR or less
65% of people earn
2,900 to 4,720 EUR
Minimum Salary 2,330 EUR |
Median 4,880 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 in Accounting and Finance in Amsterdam range from 2,330 EUR (starting average salary) to 10,900 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 4,880 EUR, implying that half of the workforce in Amsterdam 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 Amsterdam earn less than 3,860 EUR, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 5,860 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 Amsterdam. The analysis revealed that roughly 65% of all reported salaries fell within the range of 2,900 EUR to 4,720 EUR. Approximately 20% of salaries were below the 2,900 EUR mark, while 10% ranged from 4,720 EUR to 5,540 EUR. Only 5% of individuals earned a gross salary of 5,540 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 Amsterdam 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 Amsterdam, 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 Netherlands costs anywhere from 24,500 EUR to 73,500 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 / Amsterdam
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/netherlands/accounting-and-finance/salary-comparison-by-gender-monthly-netherlands-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 Netherlands, the average difference between the salary of male and female employees is 4%.
Male | | 5,170 EUR |
Female | -4% | 4,960 EUR |
Percentage increase and decrease are relative to the previous value
Salary Comparison By Gender in Netherlands for all Careers
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/netherlands/salary-comparison-by-gender-monthly-netherlands.jpg
Average Annual Salary Increment Percentage / Accounting and Finance / Amsterdam
How much are annual salary increments in Amsterdam for individuals working in Accounting and Finance? How often do employees get salary raises?
Professionals working in Accounting and Finance in Netherlands are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 9% granted to employees every 15 months.
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/netherlands/accounting-and-finance/annual-salary-increment-rate-netherlands-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.
Netherlands / All Professions
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/netherlands/annual-salary-increment-rate-netherlands.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 Netherlands is 7%.”
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 / Netherlands
How much and how often are bonuses being awarded?Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/netherlands/accounting-and-finance/annual-salary-bonus-rate-netherlands-accounting-and-finance.jpg
100% of surveyed staff in Accounting and Finance reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from % to % of their annual salary.
Received Bonus | | % |
No Bonus | | 100% |
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 / Amsterdam
32 EUR
per hour The average hourly wage (pay per hour) in Accounting and Finance in Amsterdam is 32 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 Amsterdam is 13 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
Almere | 4,990 EUR |
Amsterdam | 5,570 EUR |
Breda | 4,800 EUR |
Eindhoven | 5,190 EUR |
Groningen | 4,900 EUR |
Nijmegen | 4,700 EUR |
Rotterdam | 5,470 EUR |
s-Gravenhage | 5,380 EUR |
Tilburg | 5,090 EUR |
Utrecht | 5,280 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 Netherlands is 5% on average across all career fields.
Private Sector | | 4,780 EUR |
Public Sector | +5% | 5,030 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 Amsterdam?
A good and competitive compensation would range anywhere between 4,880 EUR and 5,860 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 Amsterdam ranges from 2,330 EUR to 3,860 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