HOME BROWSE SALARIES ARTICLES BEST PAYING JOBS SUBMIT SALARY
Browse Salaries
Best Paying Jobs
Articles
Submit Salary
Salary Increase Letters

Financial Analyst Average Salary in Switzerland 2024

How much money does a person working as Financial Analyst make in Switzerland?


Average Yearly Salary
160,000 CHF
( 13,300 CHF monthly)

LOW
78,400
CHF
AVERAGE
160,000
CHF
HIGH
250,000
CHF
All salary figures displayed here are per year 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 Financial Analyst in Switzerland typically earns around 160,000 CHF. Salaries range from 78,400 CHF (lowest) to 250,000 CHF (highest).


Salary Variance

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



Financial Analyst Pay Scale and Salaries in Switzerland

Median and salary distribution Switzerland Financial Analyst yearly
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/switzerland/accounting-and-finance/financial-analyst/median-and-salary-distribution-yearly-switzerland-financial-analyst.jpg

Salary Structure and Pay Scale Comparison

5% of people earn
148,000 CHF or more
10% of people earn
131,000 to 148,000 CHF
20% of people earn
93,000 CHF or less
65% of people earn
93,000 to 131,000 CHF
Minimum Salary
78,400 CHF
Median
149,000 CHF
Maximum
250,000 CHF




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per year except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Financial Analyst in Switzerland range from 78,400 CHF (starting salary) to 250,000 CHF (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 149,000 CHF, half of the professionals who work as Financial Analyst in Switzerland 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 Financial Analyst in Switzerland earn less than 122,000 CHF, while 75% earn more. Similarly, the chart shows that 75% earn less than 171,000 CHF 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 Financial Analyst in Switzerland compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 93,000 CHF to 131,000 CHF. About 20% of salaries are below the 93,000 CHF mark, while 10% fall within the range of 131,000 CHF to 148,000 CHF. Only 5% of individuals have salaries exceeding 148,000 CHF.

Salary Comparison by Years of Experience / Financial Analyst / Switzerland

How do experience and age affect pay?

0 - 2 Years
92,900 CHF
2 - 5 Years+29%
119,000 CHF
5 - 10 Years+38%
165,000 CHF
10 - 15 Years+24%
204,000 CHF
15 - 20 Years+7%
219,000 CHF
20+ Years+7%
233,000 CHF
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience yearly Switzerland Financial Analyst
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/switzerland/accounting-and-finance/financial-analyst/salary-comparison-by-years-of-experience-yearly-switzerland-financial-analyst.jpg

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 Financial Analyst and this is what we found.


All salary figures displayed here are per year except when noted otherwise.

Employees with less than two years of experience earn approximately 92,900 CHF.

While someone with an experience level between two and five years is expected to earn 119,000 CHF, 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 165,000 CHF, 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 204,000 CHF, 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 219,000 CHF, 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 233,000 CHF, 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
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg

Salary Comparison By Education / Financial Analyst / Switzerland

How do education levels affect salaries?

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

High School
116,000 CHF
Certificate or Diploma+15%
133,000 CHF
Bachelor's Degree+35%
179,000 CHF
Master's Degree+26%
226,000 CHF
Percentage increase and decrease are relative to the previous value
Salary comparison by education level yearly Switzerland Financial Analyst
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/switzerland/accounting-and-finance/financial-analyst/salary-comparison-by-education-level-yearly-switzerland-financial-analyst.jpg

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 Financial Analyst in order to make a comparison.


Level 1: High School

Employees at this education level have an average salary of 116,000 CHF.


Level 2: Certificate or Diploma

At this level, the average salary becomes 133,000 CHF, 15% more than the previous level.


Level 3: Bachelor's Degree

At this level, the average salary becomes 179,000 CHF, 35% more than the previous level.


Level 4: Master's Degree

At this level, the average salary becomes 226,000 CHF, 26% 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 Switzerland costs anywhere from 51,800 CHF to 155,000 CHF 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
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg


Salary and Compensation Comparison By Gender / Financial Analyst / Switzerland

Salary comparison by gender Switzerland Financial Analyst yearly
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/switzerland/accounting-and-finance/financial-analyst/salary-comparison-by-gender-yearly-switzerland-financial-analyst.jpg

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 Financial Analyst in Switzerland, the average difference between the salary of male and female employees is 4%.

Male
163,000 CHF
Female-4%
157,000 CHF
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Switzerland for all Careers

Salary comparison by gender yearly Switzerland
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/switzerland/salary-comparison-by-gender-yearly-switzerland.jpg


Average Annual Salary Increment Percentage / Financial Analyst / Switzerland

How much are annual salary increments in Switzerland for individuals working as Financial Analyst? How often do employees get salary raises?

Individuals working as Financial Analyst in Switzerland are likely to observe a salary increase of approximately 13% every 15 months. The national average annual increment for all professions combined is 9% granted to employees every 15 months.

Annual Salary Increment Rate Switzerland Financial Analyst
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/switzerland/accounting-and-finance/financial-analyst/annual-salary-increment-rate-switzerland-financial-analyst.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.

Switzerland / All Professions

Annual Salary Increment Rate Switzerland
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/switzerland/annual-salary-increment-rate-switzerland.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 Switzerland is 7%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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 / Financial Analyst / Switzerland

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Switzerland Financial Analyst
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/switzerland/accounting-and-finance/financial-analyst/annual-salary-bonus-rate-switzerland-financial-analyst.jpg

41% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 59% 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
59%
No Bonus
41%

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 / Financial Analyst / Switzerland


77 CHF per hour

The average hourly wage (pay per hour) for individuals working as Financial Analyst in Switzerland is 77 CHF.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 Financial Analyst in Switzerland is 38 CHF. 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
Accounting and Finance-100%
Account Examiner65,200 CHF-59%
Account Executive118,000 CHF-26%
Accountant91,000 CHF-43%
Accounting Analyst114,000 CHF-29%
Accounting Assistant71,900 CHF-55%
Accounting Associate65,900 CHF-59%
Accounting Clerk54,700 CHF-66%
Accounting Coordinator78,200 CHF-51%
Accounting Head186,000 CHF+16%
Accounting Manager184,000 CHF+15%
Accounting Officer69,200 CHF-57%
Accounting Specialist128,000 CHF-20%
Accounting Supervisor129,000 CHF-19%
Accounting Technician64,000 CHF-60%
Accounting Unit Controller156,000 CHF-2%
Accounts Executive111,000 CHF-31%
Accounts Officer67,500 CHF-58%
Accounts Payable and Receivable Specialist87,600 CHF-45%
Accounts Payable Assistant69,300 CHF-57%
Accounts Payable Associate84,200 CHF-47%
Accounts Payable Clerk65,200 CHF-59%
Accounts Payable Manager175,000 CHF+9%
Accounts Receivable Administrator138,000 CHF-14%
Accounts Receivable Clerk66,500 CHF-58%
Accounts Receivable Financial Analyst124,000 CHF-22%
Accounts Receivable Manager176,000 CHF+10%
Accounts Receivable Team Leader131,000 CHF-18%
Algorithmic Trading Specialist151,000 CHF-6%
Assistant Accountant67,700 CHF-58%
Assistant Accounting Manager164,000 CHF+3%
Assistant Auditor93,000 CHF-42%
Assistant Corporate Controller128,000 CHF-20%
Assistant Finance Manager184,000 CHF+15%
Assistant Financial Controller127,000 CHF-21%
Audit Director216,000 CHF+35%
Audit Supervisor157,000 CHF-2%
Auditing Clerk67,500 CHF-58%
Auditing Manager186,000 CHF+16%
Billing Clerk71,900 CHF-55%
Billing Coordinator78,400 CHF-51%
Billing Specialist97,900 CHF-39%
Billing Supervisor141,000 CHF-12%
Bookkeeper61,300 CHF-62%
Bookkeeping Specialist87,300 CHF-45%
Budget Analyst162,000 CHF+1%
Budget Manager177,000 CHF+11%
Business Support Analyst105,000 CHF-34%
Capital Markets Associate132,000 CHF-17%
Cash Flow Analyst131,000 CHF-18%
Cash Management Manager173,000 CHF+8%
Cash Management Officer102,000 CHF-36%
Cashbook Clerk62,100 CHF-61%
Chartered Accountant114,000 CHF-29%
Chief Accountant133,000 CHF-17%
Chief Financial Technology Officer179,000 CHF+12%
Collections Clerk54,000 CHF-66%
Collections Representative80,300 CHF-50%
Collections Specialist95,800 CHF-40%
Corporate Controller144,000 CHF-10%
Corporate Treasurer180,000 CHF+13%
Cost Accountant86,600 CHF-46%
Cost Accounting Manager171,000 CHF+7%
Cost Accounting Supervisor146,000 CHF-9%
Cost Analyst138,000 CHF-14%
Credit and Collection Manager171,000 CHF+7%
Credit and Collection Staff68,400 CHF-57%
Credit and Loans Officer63,300 CHF-60%
Credit Controller122,000 CHF-24%
Credit Manager184,000 CHF+15%
Debt Adviser151,000 CHF-6%
Debt Collector74,400 CHF-53%
Debtors Clerk64,900 CHF-59%
Debtors Controller69,200 CHF-57%
Deputy CFO240,000 CHF+50%
Deputy Head of Finance245,000 CHF+53%
Derivative Trader160,000 CHF+0%
Director of Finance262,000 CHF+64%
E-commerce Accountant93,100 CHF-42%
Economist203,000 CHF+27%
Equity Analyst162,000 CHF+1%
Escrow Assistant79,800 CHF-50%
Executive Accountant98,700 CHF-38%
External Auditor127,000 CHF-21%
Finance Administrator107,000 CHF-33%
Finance Analyst163,000 CHF+2%
Finance Associate80,300 CHF-50%
Finance Data Analyst144,000 CHF-10%
Finance Director275,000 CHF+72%
Finance Executive192,000 CHF+20%
Finance Licensing Clerk63,300 CHF-60%
Finance Licensing Manager169,000 CHF+6%
Finance Licensing Specialist96,900 CHF-39%
Finance Manager264,000 CHF+65%
Finance Officer84,700 CHF-47%
Finance President262,000 CHF+64%
Finance Relationship Manager201,000 CHF+26%
Finance Release Analyst107,000 CHF-33%
Finance Specialist142,000 CHF-11%
Finance Team Leader 196,000 CHF+23%
Financial Accountant93,000 CHF-42%
Financial Actuary137,000 CHF-14%
Financial Administrator144,000 CHF-10%
Financial Advisor158,000 CHF-1%
Financial Analyst160,000 CHF+0%
Financial Applications Specialist118,000 CHF-26%
Financial Assistant69,300 CHF-57%
Financial Associate83,800 CHF-48%
Financial Claims Analyst122,000 CHF-24%
Financial Claims Manager163,000 CHF+2%
Financial Claims Supervisor153,000 CHF-4%
Financial Clerk70,500 CHF-56%
Financial Commercial Analyst134,000 CHF-16%
Financial Compliance Analyst139,000 CHF-13%
Financial Compliance Officer143,000 CHF-11%
Financial Consultant120,000 CHF-25%
Financial Controller138,000 CHF-14%
Financial Coordinator79,600 CHF-50%
Financial Customer Service Manager163,000 CHF+2%
Financial Data Scientist170,000 CHF+6%
Financial Dealer and Broker95,000 CHF-41%
Financial Director254,000 CHF+59%
Financial Encoder79,100 CHF-51%
Financial Manager241,000 CHF+51%
Financial Modelling Analyst165,000 CHF+3%
Financial Operations Manager237,000 CHF+48%
Financial Policy Analyst146,000 CHF-9%
Financial Project Manager177,000 CHF+11%
Financial Quantitative Analyst160,000 CHF+0%
Financial Reporting Consultant134,000 CHF-16%
Financial Reporting Manager180,000 CHF+13%
Financial Section Head171,000 CHF+7%
Financial Services Manager237,000 CHF+48%
Financial Services Sales Agent94,800 CHF-41%
Financial Technology Consultant146,000 CHF-9%
Financial Wellness Coach193,000 CHF+21%
FinTech Analyst148,000 CHF-7%
Fixed Assets Administrator96,900 CHF-39%
Forensic Accountant101,000 CHF-37%
Fraud Detection Supervisor111,000 CHF-31%
Fraud Prevention Manager186,000 CHF+16%
Fund Accountant88,100 CHF-45%
Grants Coordinator67,900 CHF-58%
Green Finance Analyst132,000 CHF-17%
Group Financial Manager254,000 CHF+59%
Internal Auditor122,000 CHF-24%
Internal Control Adviser142,000 CHF-11%
Internal Control Officer79,500 CHF-50%
International Tax Director208,000 CHF+30%
Inventory Accountant92,200 CHF-42%
Investment Advisor249,000 CHF+56%
Investment Analyst186,000 CHF+16%
Investment Associate150,000 CHF-6%
Investment Broker144,000 CHF-10%
Investment Fund Manager202,000 CHF+26%
Investment Operations Manager194,000 CHF+21%
Investment Underwriter77,600 CHF-51%
Investor122,000 CHF-24%
Investor Relations Manager173,000 CHF+8%
KYC Team Leader182,000 CHF+14%
Loan Processor71,100 CHF-56%
Management Accountant104,000 CHF-35%
Management Economist201,000 CHF+26%
Paymaster75,100 CHF-53%
Payroll Administrator119,000 CHF-26%
Payroll Benefits Coordinator95,800 CHF-40%
Payroll Billing Manager160,000 CHF+0%
Payroll Clerk79,500 CHF-50%
Payroll Manager168,000 CHF+5%
Payroll Officer77,100 CHF-52%
Payroll Specialist93,100 CHF-42%
Payroll Supervisor119,000 CHF-26%
Pensions Administrator91,200 CHF-43%
Personal Financial Advisor130,000 CHF-19%
Pricing Analyst153,000 CHF-4%
Private Equity Analyst157,000 CHF-2%
Project Accountant99,800 CHF-38%
Proposal Development Coordinator76,600 CHF-52%
Quantitative Trader128,000 CHF-20%
Receivables Accountant81,000 CHF-49%
Regulatory Accountant96,900 CHF-39%
Retirement Plan Analyst144,000 CHF-10%
Revenue Management Specialist151,000 CHF-6%
Revenue Recognition Analyst164,000 CHF+3%
Risk Management Director210,000 CHF+31%
Risk Management Supervisor175,000 CHF+9%
Staff Accountant85,500 CHF-47%
Tax Accountant87,100 CHF-46%
Tax Administrator96,000 CHF-40%
Tax Advisor137,000 CHF-14%
Tax Analyst138,000 CHF-14%
Tax Associate79,100 CHF-51%
Tax Consultant145,000 CHF-9%
Tax Director213,000 CHF+33%
Tax Examiner97,000 CHF-39%
Tax Manager182,000 CHF+14%
Tax Research Manager184,000 CHF+15%
Teller54,300 CHF-66%
Treasury Accountant94,400 CHF-41%
Treasury Analyst150,000 CHF-6%
Underwriter60,200 CHF-62%
Underwriting Assistant57,100 CHF-64%
Vice President of Finance248,000 CHF+55%

Salary Comparison By City

CityAverage Salary
Zurich178,000 CHF

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 Switzerland is 4% on average across all career fields.

Private Sector
122,000 CHF
Public Sector+4%
127,000 CHF
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 Financial Analyst in Switzerland?

A good and competitive compensation would range anywhere between 149,000 CHF and 171,000 CHF. 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 Financial Analyst in Switzerland ranges from 78,400 CHF to 122,000 CHF. 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


Browse Salaries

Salary Increase Letters

Best Paying Jobs
Home BROWSE SALARIES ARTICLES BEST PAYING JOBS Salary Comparison Arabic French Spanish

©Salary Explorer 2024