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 salaries in Switzerland range from 79,300 CHF per year (minimum salary) to 252,000 CHF per year (maximum 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.
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.
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
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.
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.
|0 - 2 Years|
|2 - 5 Years||+29%|
|5 - 10 Years||+38%|
|10 - 15 Years||+24%|
|15 - 20 Years||+7%|
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.
|Certificate or Diploma||+15%|
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.
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.
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.
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.
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
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.
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.
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.
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.
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.
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.
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.
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.
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.
|Job Title||Average Salary|
|Account Examiner||65,200 CHF||-60%|
|Account Executive||118,000 CHF||-27%|
|Accounting Assistant||71,900 CHF||-56%|
|Accounting Associate||65,900 CHF||-59%|
|Accounting Clerk||54,700 CHF||-66%|
|Accounting Coordinator||78,200 CHF||-52%|
|Accounting Manager||184,000 CHF||+14%|
|Accounting Supervisor||129,000 CHF||-20%|
|Accounting Technician||64,000 CHF||-60%|
|Accounts Executive||111,000 CHF||-31%|
|Accounts Payable and Receivable Specialist||87,600 CHF||-46%|
|Accounts Payable Clerk||65,200 CHF||-60%|
|Accounts Payable Manager||175,000 CHF||+8%|
|Accounts Receivable Clerk||66,500 CHF||-59%|
|Accounts Receivable Manager||176,000 CHF||+9%|
|Assistant Accounting Manager||164,000 CHF||+1%|
|Assistant Auditor||92,900 CHF||-43%|
|Audit Supervisor||157,000 CHF||-3%|
|Auditing Clerk||67,500 CHF||-58%|
|Auditing Manager||186,000 CHF||+15%|
|Billing Coordinator||78,400 CHF||-52%|
|Billing Specialist||97,900 CHF||-39%|
|Billing Supervisor||141,000 CHF||-13%|
|Bookkeeping Specialist||87,300 CHF||-46%|
|Budget Analyst||162,000 CHF||+0%|
|Budget Manager||177,000 CHF||+9%|
|Business Support Analyst||105,000 CHF||-35%|
|Capital Markets Associate||132,000 CHF||-18%|
|Cash Flow Analyst||131,000 CHF||-19%|
|Cash Management Officer||102,000 CHF||-37%|
|Cashbook Clerk||62,100 CHF||-62%|
|Chartered Accountant||114,000 CHF||-30%|
|Collections Clerk||54,000 CHF||-67%|
|Collections Specialist||95,800 CHF||-41%|
|Corporate Treasurer||180,000 CHF||+11%|
|Cost Accountant||86,600 CHF||-46%|
|Cost Accounting Manager||171,000 CHF||+6%|
|Cost Analyst||138,000 CHF||-15%|
|Credit and Collection Manager||171,000 CHF||+6%|
|Credit and Collection Staff||68,400 CHF||-58%|
|Credit and Loans Officer||63,300 CHF||-61%|
|Credit Controller||122,000 CHF||-25%|
|Debt Adviser||151,000 CHF||-7%|
|Debt Collector||74,400 CHF||-54%|
|Debtors Clerk||64,900 CHF||-60%|
|Deputy CFO||240,000 CHF||+48%|
|Derivative Trader||160,000 CHF||-1%|
|Escrow Assistant||79,800 CHF||-51%|
|External Auditor||127,000 CHF||-21%|
|Finance Associate||80,300 CHF||-50%|
|Finance Executive||192,000 CHF||+19%|
|Finance Licensing Clerk||63,300 CHF||-61%|
|Finance Licensing Manager||169,000 CHF||+4%|
|Finance Licensing Specialist||96,900 CHF||-40%|
|Finance Officer||84,700 CHF||-48%|
|Finance President||262,000 CHF||+62%|
|Finance Relationship Manager||201,000 CHF||+24%|
|Finance Release Analyst||107,000 CHF||-34%|
|Finance Team Leader||196,000 CHF||+21%|
|Financial Actuary||137,000 CHF||-15%|
|Financial Administrator||144,000 CHF||-11%|
|Financial Analyst||160,000 CHF||-1%|
|Financial Applications Specialist||118,000 CHF||-27%|
|Financial Assistant||69,300 CHF||-57%|
|Financial Associate||74,400 CHF||-54%|
|Financial Claims Analyst||122,000 CHF||-25%|
|Financial Claims Manager||163,000 CHF||+1%|
|Financial Commercial Analyst||134,000 CHF||-17%|
|Financial Compliance Analyst||139,000 CHF||-14%|
|Financial Consultant||120,000 CHF||-26%|
|Financial Controller||138,000 CHF||-15%|
|Financial Coordinator||79,600 CHF||-51%|
|Financial Customer Service Manager||163,000 CHF||+1%|
|Financial Dealer and Broker||95,000 CHF||-41%|
|Financial Encoder||79,100 CHF||-51%|
|Financial Manager||241,000 CHF||+49%|
|Financial Operations Manager||237,000 CHF||+47%|
|Financial Policy Analyst||146,000 CHF||-10%|
|Financial Project Manager||177,000 CHF||+9%|
|Financial Quantitative Analyst||160,000 CHF||-1%|
|Financial Reporting Consultant||134,000 CHF||-17%|
|Financial Reporting Manager||180,000 CHF||+11%|
|Financial Services Sales Agent||94,800 CHF||-41%|
|Fixed Assets Administrator||96,900 CHF||-40%|
|Forensic Accountant||101,000 CHF||-38%|
|Fraud Detection Supervisor||111,000 CHF||-31%|
|Fraud Prevention Manager||186,000 CHF||+15%|
|Fund Accountant||88,100 CHF||-46%|
|Grants Coordinator||67,900 CHF||-58%|
|Internal Auditor||122,000 CHF||-25%|
|Internal Control Adviser||142,000 CHF||-12%|
|Internal Control Officer||79,500 CHF||-51%|
|Inventory Accountant||92,200 CHF||-43%|
|Investment Analyst||186,000 CHF||+15%|
|Investment Fund Manager||202,000 CHF||+25%|
|Investment Underwriter||77,600 CHF||-52%|
|Investor Relations Manager||173,000 CHF||+7%|
|KYC Team Leader||182,000 CHF||+13%|
|Management Economist||201,000 CHF||+24%|
|Payroll Clerk||79,500 CHF||-51%|
|Payroll Manager||168,000 CHF||+4%|
|Pensions Administrator||91,200 CHF||-44%|
|Pricing Analyst||153,000 CHF||-5%|
|Private Equity Analyst||157,000 CHF||-3%|
|Proposal Development Coordinator||76,600 CHF||-53%|
|Receivables Accountant||81,000 CHF||-50%|
|Regulatory Accountant||96,900 CHF||-40%|
|Retirement Plan Analyst||144,000 CHF||-11%|
|Revenue Management Specialist||151,000 CHF||-7%|
|Revenue Recognition Analyst||164,000 CHF||+1%|
|Risk Management Director||210,000 CHF||+30%|
|Risk Management Supervisor||175,000 CHF||+8%|
|Tax Accountant||87,100 CHF||-46%|
|Tax Advisor||137,000 CHF||-15%|
|Tax Associate||79,100 CHF||-51%|
|Tax Manager||182,000 CHF||+13%|
|Treasury Accountant||94,400 CHF||-42%|
|Treasury Analyst||150,000 CHF||-7%|
|Underwriting Assistant||57,100 CHF||-65%|
|Vice President of Finance||248,000 CHF||+53%|
|St. Gallen||145,000 CHF|
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.