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Banking Average Salaries in France 2022

How much money does a person working in Banking make in France?


Average Yearly Salary
53,900 EUR
( 4,490 EUR monthly)

LOW
17,000
EUR
AVERAGE
53,900
EUR
HIGH
111,000
EUR

A person working in Banking in France typically earns around 53,900 EUR per year. Salaries range from 17,000 EUR (lowest average) to 111,000 EUR (highest average, actual maximum salary is higher).

This is the average yearly salary including housing, transport, and other benefits. Salaries vary drastically between different Banking careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Salaries for specific jobs

Job TitleAverage Salary
AML Analyst73,000 EUR
Assistant Bank Branch Manager63,500 EUR
Assistant Bank Manager80,000 EUR
ATM Manager72,800 EUR
ATM Service Technician19,600 EUR
Bank Accounts Analyst28,700 EUR
Bank Accounts Controller37,300 EUR
Bank Accounts Executive53,900 EUR
Bank Accounts Manager60,900 EUR
Bank Auditing Manager61,400 EUR
Bank Branch Manager88,800 EUR
Bank Clerk17,300 EUR
Bank Compliance Specialist46,300 EUR
Bank Manager96,400 EUR
Bank Operational Risk Manager96,500 EUR
Bank Operations Head104,000 EUR
Bank Operations Officer41,200 EUR
Bank Operations Specialist64,900 EUR
Bank Process Manager58,000 EUR
Bank Product Manager 64,300 EUR
Bank Programme Manager69,300 EUR
Bank Project Manager81,400 EUR
Bank Propositions Manager70,000 EUR
Bank Quantitative Analyst50,800 EUR
Bank Regional Manager108,000 EUR
Bank Regional Risk Officer53,000 EUR
Bank Relationship Manager77,000 EUR
Bank Relationship Officer34,800 EUR
Banker34,600 EUR
Banking Business Analyst53,600 EUR
Banking Business Development Officer33,900 EUR
Banking Business Planning Executive74,800 EUR
Banking Product Manager63,200 EUR
Banking Reference Data Manager59,400 EUR
Banking Risk Analyst50,500 EUR
Banking Technical Analyst26,900 EUR
Bankruptcy Coordinator37,600 EUR
Budget Analyst50,900 EUR
Cards Marketing Manager67,700 EUR
Cash Management Manager92,300 EUR
Check Processing Manager66,500 EUR
Commercial Vault Associate51,800 EUR
Corporate Dealer55,400 EUR
Credit Analyst40,800 EUR
Credit and Collections Manager69,000 EUR
Credit Card Fraud Investigator56,900 EUR
Credit Portfolio Manager97,300 EUR
Credit Risk Analyst59,200 EUR
Credit Risk Associate56,100 EUR
Direct Bank Sales Representative38,000 EUR
Financial Bank Planning Consultant67,300 EUR
Financial Banking Analysis Manager75,000 EUR
Financial Banking Assistant26,200 EUR
Financial Banking Systems Manager72,900 EUR
Foreign Exchange Manager76,000 EUR
Fraud Analyst53,900 EUR
Fraud Detection Associate36,600 EUR
Fraud Detection Manager80,300 EUR
Fraud Detection Supervisor47,600 EUR
Internal Bank Audit Manager94,400 EUR
Internal Bank Auditor48,900 EUR
International Banking Manager111,000 EUR
Loan Analyst54,400 EUR
Loan Area Manager62,000 EUR
Loan Audit Team Leader58,100 EUR
Loan Branch Manager61,900 EUR
Loan Business Development Officer32,600 EUR
Loan Clerk18,500 EUR
Loan Collection Manager61,100 EUR
Loan Collector17,500 EUR
Loan Examiner22,700 EUR
Loan Processing Manager54,600 EUR
Loan Processor24,600 EUR
Loan Quality Assurance Auditor53,800 EUR
Loan Quality Assurance Manager58,300 EUR
Loan Quality Assurance Representative37,900 EUR
Loan Review Manager61,600 EUR
Loan Team Leader53,600 EUR
Mortgage Advisor35,900 EUR
Mortgage Collection Manager58,900 EUR
Mortgage Collector17,700 EUR
Mortgage Credit Analyst28,100 EUR
Mortgage Credit Manager57,500 EUR
Mortgage Development Manager70,900 EUR
Mortgage Document Reviewer23,500 EUR
Mortgage Funding Manager68,100 EUR
Mortgage Operations Manager88,300 EUR
Mortgage Payment Processing Clerk21,000 EUR
Mortgage Processing Manager58,700 EUR
Mortgage Processor24,800 EUR
Mortgage Quality Assurance Auditor52,900 EUR
Mortgage Quality Assurance Manager59,000 EUR
Mortgage Servicing Clerk18,700 EUR
Mortgage Servicing Manager57,900 EUR
Mortgage Underwriter21,500 EUR
Online Banking Manager92,200 EUR
Payment Processing Clerk18,300 EUR
Personal Banker38,800 EUR
Personal Banking Advisor 39,500 EUR
Phone Banker24,900 EUR
Private Banker36,300 EUR
Reconciliation and Investigation Specialist41,600 EUR
Teller17,500 EUR
Trade Officer22,500 EUR
Trade Product Manager62,800 EUR
Trader25,600 EUR
Treasury Operations Officer47,900 EUR

Banking Jobs Salary Distribution in France

Median and salary distribution yearly France Banking
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The median, the maximum, the minimum, and the range

  • Salary Range

    Banking salaries in France range from 17,000 EUR per year (minimum average salary) to 111,000 EUR per year (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 57,100 EUR per year, which means that half (50%) of people working in Banking are earning less than 57,100 EUR while the other half are earning more than 57,100 EUR. 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 people working in Banking are earning less than 33,300 EUR while 75% of them are earning more than 33,300 EUR. Also from the diagram, 75% of people working in Banking are earning less than 88,900 EUR while 25% are earning more than 88,900 EUR.


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

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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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.

Generally speaking, employees 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.


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.

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.

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.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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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 degrees levels across many jobs, below are our findings.


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.

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 cerificate 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 France costs anywhere from 20,600 Euro(s) to 61,900 Euro(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 this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.

Banking Salary Comparison By Gender

Salary comparison by gender yearly France Banking
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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 employees in France who work in Banking earn 6% more than their female counterparts on average.

Male
55,400 EUR
Female-5%
52,500 EUR
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in France for all Careers

Salary comparison by gender yearly France
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Banking Average Annual Salary Increment Percentage in France

How much are annual salary increments in France for Banking professionals? How often do employees get salary raises?

Banking

Banking professionals in France are likely to observe a salary increase of approximately 11% every 13 months. The national average annual increment for all professions combined is 9% granted to employees every 15 months.

Annual Salary Increment Rate France Banking
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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.

France / 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 France is 7%.

Annual Increment Rate By Industry 2021

Banking
2%
Energy
4%
Information Technology
6%
Healthcare
8%
Travel
1%
Construction
3%
Education
5%

Listed above are the average annual increase rates for each industry in France 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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Banking Bonus and Incentive Rates in France

How much and how often are bonuses being awarded?Annual Salary Bonus Rate France Banking
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Banking is considered to be a high bonus-based field 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.

18% of surveyed staff in Banking reported that they haven't received any bonuses or incentives in the previous year while 82% 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
82%
No Bonus
18%

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.

Banking Hourly Average Wage in France


26 EUR per hour

The average hourly wage (pay per hour) in France is 26 EUR. This means that the average person in France earns approximately 26 EUR 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.

Banking VS Other Jobs

Salary Comparison Between Banking and Banking yearly France
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The average salary for Banking is 9% more than that of All Jobs.

Salary Comparison By City

CityAverage Salary
Bordeaux50,000 EUR
Lille49,400 EUR
Lyon57,000 EUR
Marseille58,100 EUR
Montpellier51,800 EUR
Nantes54,100 EUR
Nice55,300 EUR
Paris59,800 EUR
Strasbourg53,600 EUR
Toulouse57,000 EUR

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 France earn 5% more than their private sector counterparts on average across all sectors.

Private Sector
48,200 EUR
Public Sector+5%
50,700 EUR
Percentage increase and decrease are relative to the previous value

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