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Budget Analyst Average Salary in Switzerland 2022

How much money does a Budget Analyst make in Switzerland?

Average Yearly Salary
162,000 CHF
( 13,500 CHF monthly)


A person working as a Budget Analyst in Switzerland typically earns around 162,000 CHF per year. Salaries range from 79,300 CHF (lowest) to 252,000 CHF (highest).

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

Budget Analyst Salary Distribution in Switzerland

Median and salary distribution yearly Switzerland Budget Analyst
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The median, the maximum, the minimum, and the range

  • Salary Range

    Budget Analyst salaries in Switzerland range from 79,300 CHF per year (minimum salary) to 252,000 CHF per year (maximum salary).

  • Median Salary

    The median salary is 165,000 CHF per year, which means that half (50%) of people working as Budget Analyst(s) are earning less than 165,000 CHF while the other half are earning more than 165,000 CHF. 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 Budget Analyst(s) are earning less than 110,000 CHF while 75% of them are earning more than 110,000 CHF. Also from the diagram, 75% of Budget Analyst(s) are earning less than 213,000 CHF while 25% are earning more than 213,000 CHF.

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

Budget Analyst Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience yearly Switzerland Budget 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 your wage. We broke down Budget Analyst salaries by experience level and this is what we found.

A Budget Analyst with less than two years of experience makes approximately 94,000 CHF per year.

While someone with an experience level between two and five years is expected to earn 121,000 CHF per year, 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 167,000 CHF per year, 38% more than someone with two to five 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.

Additionally, Budget Analyst(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 206,000 CHF per year, 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 221,000 CHF per year, 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 236,000 CHF per year, 7% more than people with fifteen to twenty years of experience.

Budget Analyst average salary change by experience in Switzerland

0 - 2 Years
94,000 CHF
2 - 5 Years+29%
121,000 CHF
5 - 10 Years+38%
167,000 CHF
10 - 15 Years+24%
206,000 CHF
15 - 20 Years+7%
221,000 CHF
20+ Years+7%
236,000 CHF
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Budget Analyst Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Budget Analyst(s) who have the same experience but different education levels.

Salary comparison by education level yearly Switzerland Budget 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 Budget Analyst salaries by education level in order to make a comparison.

When the education level is High School, the average salary of a Budget Analyst is 117,000 CHF per year.

While someone with a Certificate or Diploma gets a salary of 135,000 CHF per year, 15% more than someone having a High School degree.

A Bachelor's Degree gets its holder an average salary of 181,000 CHF per year, 35% more than someone with a Certificate or Diploma.

Professionals who hold a Master's Degree are rewarded with an average salary of 228,000 CHF per year, 26% more than someone with Bachelor's Degree.

Budget Analyst average salary difference by education level in Switzerland

High School
117,000 CHF
Certificate or Diploma+15%
135,000 CHF
Bachelor's Degree+35%
181,000 CHF
Master's Degree+26%
228,000 CHF
Percentage increase and decrease are relative to the previous value

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 51,600 Swiss Franc(s) to 155,000 Swiss Franc(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 the thoery. 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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Budget Analyst Salary Comparison By Gender

Salary comparison by gender yearly Switzerland Budget Analyst
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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? Male Budget Analyst employees in Switzerland earn 4% more than their female counterparts on average.

165,000 CHF
158,000 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
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Budget Analyst Average Annual Salary Increment Percentage in Switzerland

How much are annual salary increments in Switzerland for Budget Analyst(s)? How often do employees get salary raises?

Budget Analyst

Budget Analyst(s) 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 Budget 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.

Switzerland / 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

The average salary increase in one year (12 months) in Switzerland is 7%.

Annual Increment Rate By Industry 2021

Information Technology

Listed above are the average annual increase rates for each industry in Switzerland for the year 2021. 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

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Budget Analyst Bonus and Incentive Rates in Switzerland

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Switzerland Budget Analyst
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A Budget Analyst is considered to be a high bonus-based job 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.

16% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 84% 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
No Bonus

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.

A graphics designer working for a graphics designing company.

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.

Budget Analyst Average Hourly Wage in Switzerland

78 CHF per hour

The average hourly wage (pay per hour) in Switzerland is 78 CHF. This means that the average Budget Analyst in Switzerland earns approximately 78 CHF for every worked hour.

Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

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.

Budget Analyst VS Other Jobs

Salary Comparison Between Budget Analyst and Accounting and Finance yearly Switzerland
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The average salary for Budget Analyst is 27% more than that of Accounting and Finance. Also, Accounting and Finance salaries are 3% more than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Account Examiner65,200 CHF-60%
Account Executive118,000 CHF-27%
Accountant91,000 CHF-44%
Accounting Assistant71,900 CHF-56%
Accounting Associate65,900 CHF-59%
Accounting Clerk54,700 CHF-66%
Accounting Coordinator78,200 CHF-52%
Accounting Manager184,000 CHF+14%
Accounting Supervisor129,000 CHF-20%
Accounting Technician64,000 CHF-60%
Accounts Executive111,000 CHF-31%
Accounts Payable and Receivable Specialist87,600 CHF-46%
Accounts Payable Clerk65,200 CHF-60%
Accounts Payable Manager175,000 CHF+8%
Accounts Receivable Clerk66,500 CHF-59%
Accounts Receivable Manager176,000 CHF+9%
Assistant Accounting Manager164,000 CHF+1%
Assistant Auditor92,900 CHF-43%
Audit Supervisor157,000 CHF-3%
Auditing Clerk67,500 CHF-58%
Auditing Manager186,000 CHF+15%
Billing Coordinator78,400 CHF-52%
Billing Specialist97,900 CHF-39%
Billing Supervisor141,000 CHF-13%
Bookkeeper61,300 CHF-62%
Bookkeeping Specialist87,300 CHF-46%
Budget Analyst162,000 CHF+0%
Budget Manager177,000 CHF+9%
Business Support Analyst105,000 CHF-35%
Capital Markets Associate132,000 CHF-18%
Cash Flow Analyst131,000 CHF-19%
Cash Management Officer102,000 CHF-37%
Cashbook Clerk62,100 CHF-62%
Chartered Accountant114,000 CHF-30%
Collections Clerk54,000 CHF-67%
Collections Specialist95,800 CHF-41%
Corporate Treasurer180,000 CHF+11%
Cost Accountant86,600 CHF-46%
Cost Accounting Manager171,000 CHF+6%
Cost Analyst138,000 CHF-15%
Credit and Collection Manager171,000 CHF+6%
Credit and Collection Staff68,400 CHF-58%
Credit and Loans Officer63,300 CHF-61%
Credit Controller122,000 CHF-25%
Debt Adviser151,000 CHF-7%
Debt Collector74,400 CHF-54%
Debtors Clerk64,900 CHF-60%
Deputy CFO240,000 CHF+48%
Derivative Trader160,000 CHF-1%
Escrow Assistant79,800 CHF-51%
External Auditor127,000 CHF-21%
Finance Associate80,300 CHF-50%
Finance Executive192,000 CHF+19%
Finance Licensing Clerk63,300 CHF-61%
Finance Licensing Manager169,000 CHF+4%
Finance Licensing Specialist96,900 CHF-40%
Finance Officer84,700 CHF-48%
Finance President262,000 CHF+62%
Finance Relationship Manager201,000 CHF+24%
Finance Release Analyst107,000 CHF-34%
Finance Team Leader 196,000 CHF+21%
Financial Actuary137,000 CHF-15%
Financial Administrator144,000 CHF-11%
Financial Analyst160,000 CHF-1%
Financial Applications Specialist118,000 CHF-27%
Financial Assistant69,300 CHF-57%
Financial Associate74,400 CHF-54%
Financial Claims Analyst122,000 CHF-25%
Financial Claims Manager163,000 CHF+1%
Financial Commercial Analyst134,000 CHF-17%
Financial Compliance Analyst139,000 CHF-14%
Financial Consultant120,000 CHF-26%
Financial Controller138,000 CHF-15%
Financial Coordinator79,600 CHF-51%
Financial Customer Service Manager163,000 CHF+1%
Financial Dealer and Broker95,000 CHF-41%
Financial Encoder79,100 CHF-51%
Financial Manager241,000 CHF+49%
Financial Operations Manager237,000 CHF+47%
Financial Policy Analyst146,000 CHF-10%
Financial Project Manager177,000 CHF+9%
Financial Quantitative Analyst160,000 CHF-1%
Financial Reporting Consultant134,000 CHF-17%
Financial Reporting Manager180,000 CHF+11%
Financial Services Sales Agent94,800 CHF-41%
Fixed Assets Administrator96,900 CHF-40%
Forensic Accountant101,000 CHF-38%
Fraud Detection Supervisor111,000 CHF-31%
Fraud Prevention Manager186,000 CHF+15%
Fund Accountant88,100 CHF-46%
Grants Coordinator67,900 CHF-58%
Internal Auditor122,000 CHF-25%
Internal Control Adviser142,000 CHF-12%
Internal Control Officer79,500 CHF-51%
Inventory Accountant92,200 CHF-43%
Investment Analyst186,000 CHF+15%
Investment Fund Manager202,000 CHF+25%
Investment Underwriter77,600 CHF-52%
Investor122,000 CHF-25%
Investor Relations Manager173,000 CHF+7%
KYC Team Leader182,000 CHF+13%
Management Economist201,000 CHF+24%
Paymaster75,100 CHF-54%
Payroll Clerk79,500 CHF-51%
Payroll Manager168,000 CHF+4%
Pensions Administrator91,200 CHF-44%
Pricing Analyst153,000 CHF-5%
Private Equity Analyst157,000 CHF-3%
Proposal Development Coordinator76,600 CHF-53%
Receivables Accountant81,000 CHF-50%
Regulatory Accountant96,900 CHF-40%
Retirement Plan Analyst144,000 CHF-11%
Revenue Management Specialist151,000 CHF-7%
Revenue Recognition Analyst164,000 CHF+1%
Risk Management Director210,000 CHF+30%
Risk Management Supervisor175,000 CHF+8%
Tax Accountant87,100 CHF-46%
Tax Advisor137,000 CHF-15%
Tax Associate79,100 CHF-51%
Tax Manager182,000 CHF+13%
Teller54,300 CHF-66%
Treasury Accountant94,400 CHF-42%
Treasury Analyst150,000 CHF-7%
Underwriter60,200 CHF-63%
Underwriting Assistant57,100 CHF-65%
Vice President of Finance248,000 CHF+53%

Salary Comparison By City

CityAverage Salary
Basel164,000 CHF
Bern161,000 CHF
Biel147,000 CHF
Geneve164,000 CHF
Lausanne167,000 CHF
Lugano148,000 CHF
Luzern151,000 CHF
St. Gallen145,000 CHF
Winterthur148,000 CHF
Zurich164,000 CHF

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 Switzerland earn 4% more than their private sector counterparts on average across all sectors.

Private Sector
121,000 CHF
Public Sector+4%
126,000 CHF
Percentage increase and decrease are relative to the previous value

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