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Internal Auditor Average Salary in Germany 2020

How much money does an Internal Auditor make in Germany?


Average Monthly Salary
3,620 EUR
( 43,500 EUR yearly)

LOW
1,670
EUR
AVERAGE
3,620
EUR
HIGH
5,760
EUR

A person working as an Internal Auditor in Germany typically earns around 3,620 EUR per month. Salaries range from 1,670 EUR (lowest) to 5,760 EUR (highest).

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

Internal Auditor Salary Distribution in Germany

Median and salary distribution monthly Germany Internal Auditor
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The median, the maximum, the minimum, and the range

  • Salary Range

    Internal Auditor salaries in Germany range from 1,670 EUR per month (minimum salary) to 5,760 EUR per month (maximum salary).

  • Median Salary

    The median salary is 3,910 EUR per month, which means that half (50%) of people working as Internal Auditor(s) are earning less than 3,910 EUR while the other half are earning more than 3,910 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 Internal Auditor(s) are earning less than 2,510 EUR while 75% of them are earning more than 2,510 EUR. Also from the diagram, 75% of Internal Auditor(s) are earning less than 5,230 EUR while 25% are earning more than 5,230 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

Internal Auditor Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Germany Internal Auditor
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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 Internal Auditor salaries by experience level and this is what we found.

An Internal Auditor with less than two years of experience makes approximately 1,890 EUR per month.

While someone with an experience level between two and five years is expected to earn 2,530 EUR per month, 34% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 3,740 EUR per month, 48% 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, Internal Auditor(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 4,560 EUR per month, 22% 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 4,960 EUR per month, 9% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 5,370 EUR per month, 8% more than people with fifteen to twenty years of experience.


Internal Auditor average salary change by experience in Germany

0 - 2 Years
1,890 EUR
2 - 5 Years+34%
2,530 EUR
5 - 10 Years+48%
3,740 EUR
10 - 15 Years+22%
4,560 EUR
15 - 20 Years+9%
4,960 EUR
20+ Years+8%
5,370 EUR
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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Internal Auditor Salary Comparison By Education

How do education levels affect salaries?

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

Salary comparison by education level monthly Germany Internal Auditor
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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 Internal Auditor salaries by education level in order to make a comparison.

When the education level is Certificate or Diploma, the average salary of an Internal Auditor is 2,160 EUR per month.

While someone with a Bachelor's Degree gets a salary of 3,390 EUR per month, 57% more than someone having a Certificate or Diploma degree.

A Master's Degree gets its holder an average salary of 5,680 EUR per month, 68% more than someone with a Bachelor's Degree.


Internal Auditor average salary difference by education level in Germany

Certificate or Diploma
2,160 EUR
Bachelor's Degree+57%
3,390 EUR
Master's Degree+68%
5,680 EUR
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 Germany costs anywhere from 19,100 Euro(s) to 57,200 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 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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Internal Auditor Salary Comparison By Gender

Salary comparison by gender monthly Germany Internal Auditor
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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 Internal Auditor employees in Germany earn 7% more than their female counterparts on average.

Female
3,500 EUR
Male+7%
3,750 EUR
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Germany for all Careers

Salary comparison by gender monthly Germany
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Internal Auditor Average Annual Salary Increment Percentage in Germany

How much are annual salary increments in Germany for Internal Auditor(s)? How often do employees get salary raises?

Internal Auditor

Internal Auditor(s) in Germany are likely to observe a salary increase of approximately 11% every 16 months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.

Annual Salary Increment Rate Germany Internal Auditor
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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.

Germany / 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 Germany is 6%.

Annual Increment Rate By Industry 2019

Banking
9%
Energy
9%
Information Technology
9%
Healthcare
9%
Travel
9%
Construction
9%
Education
9%

Listed above are the average annual increase rates for each industry in Germany for the year 2019. 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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Internal Auditor Bonus and Incentive Rates in Germany

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Germany Internal Auditor
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An Internal Auditor is considered to be a moderate 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.

39% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 61% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 2% to 7% of their annual salary.

Received Bonus
61%
No Bonus
39%

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.

Government vs Private Sector Salary Comparison

Public vs private sector salaries monthly Germany
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Where can you get paid more, working for a private company or for the government? Public sector employees in Germany earn 5% more than their private sector counterparts on average across all sectors.

Private Sector
3,730 EUR
Public Sector+5%
3,900 EUR
Percentage increase and decrease are relative to the previous value

Internal Auditor Average Hourly Wage in Germany


21 EUR per hour

The average hourly wage (pay per hour) in Germany is 21 EUR. This means that the average Internal Auditor in Germany earns approximately 21 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.

Internal Auditor VS Other Jobs

Salary Comparison Between Internal Auditor and Accounting and Finance monthly Germany
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The average salary for Internal Auditor is 6% less than that of Accounting and Finance. Also, Accounting and Finance salaries are 2% more than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Account Examiner2,010 EUR-45%
Account Executive3,220 EUR-11%
Accountant2,500 EUR-31%
Accounting Assistant1,920 EUR-47%
Accounting Associate1,790 EUR-51%
Accounting Clerk1,570 EUR-57%
Accounting Coordinator2,410 EUR-33%
Accounting Manager5,670 EUR+56%
Accounting Supervisor3,640 EUR+0%
Accounting Technician1,770 EUR-51%
Accounts Executive3,170 EUR-13%
Accounts Payable and Receivable Specialist2,690 EUR-26%
Accounts Payable Clerk1,950 EUR-46%
Accounts Payable Manager5,080 EUR+40%
Accounts Receivable Clerk1,870 EUR-48%
Accounts Receivable Manager4,810 EUR+33%
Assistant Accounting Manager4,610 EUR+27%
Assistant Auditor2,710 EUR-25%
Audit Supervisor4,540 EUR+25%
Auditing Clerk1,950 EUR-46%
Auditing Manager5,300 EUR+46%
Billing Coordinator2,440 EUR-33%
Billing Specialist2,880 EUR-21%
Billing Supervisor4,070 EUR+12%
Bookkeeper1,720 EUR-53%
Bookkeeping Specialist2,420 EUR-33%
Budget Analyst4,410 EUR+22%
Budget Manager5,170 EUR+43%
Business Support Analyst3,050 EUR-16%
Capital Markets Associate3,800 EUR+5%
Cash Flow Analyst3,710 EUR+2%
Cash Management Officer3,010 EUR-17%
Cashbook Clerk1,700 EUR-53%
Chartered Accountant3,280 EUR-9%
Collections Clerk1,600 EUR-56%
Collections Specialist2,640 EUR-27%
Corporate Treasurer4,950 EUR+37%
Cost Accountant2,590 EUR-29%
Cost Accounting Manager5,040 EUR+39%
Cost Analyst3,960 EUR+9%
Credit and Collection Manager5,010 EUR+38%
Credit and Collection Staff1,930 EUR-47%
Credit and Loans Officer1,950 EUR-46%
Credit Controller3,410 EUR-6%
Debt Adviser4,440 EUR+23%
Debt Collector2,130 EUR-41%
Debtors Clerk1,840 EUR-49%
Deputy CFO7,320 EUR+100%
Derivative Trader4,540 EUR+25%
Escrow Assistant2,320 EUR-36%
External Auditor3,500 EUR-3%
Finance Associate2,180 EUR-40%
Finance Executive5,310 EUR+47%
Finance Licensing Clerk1,780 EUR-51%
Finance Licensing Manager5,110 EUR+41%
Finance Licensing Specialist2,840 EUR-22%
Finance Officer2,560 EUR-29%
Finance President7,360 EUR+100%
Finance Relationship Manager6,060 EUR+67%
Finance Release Analyst2,990 EUR-17%
Finance Team Leader 6,020 EUR+66%
Financial Actuary4,090 EUR+13%
Financial Administrator4,290 EUR+18%
Financial Analyst4,690 EUR+29%
Financial Applications Specialist3,180 EUR-12%
Financial Assistant2,010 EUR-45%
Financial Associate2,000 EUR-45%
Financial Claims Analyst3,410 EUR-6%
Financial Claims Manager4,420 EUR+22%
Financial Commercial Analyst3,700 EUR+2%
Financial Compliance Analyst4,010 EUR+11%
Financial Consultant3,440 EUR-5%
Financial Controller4,290 EUR+18%
Financial Coordinator2,330 EUR-36%
Financial Customer Service Manager4,750 EUR+31%
Financial Dealer and Broker2,870 EUR-21%
Financial Encoder2,200 EUR-39%
Financial Manager7,380 EUR+100%
Financial Operations Manager6,320 EUR+74%
Financial Policy Analyst4,090 EUR+13%
Financial Project Manager5,230 EUR+44%
Financial Quantitative Analyst4,620 EUR+27%
Financial Reporting Consultant3,620 EUR-0%
Financial Reporting Manager5,040 EUR+39%
Financial Services Sales Agent2,860 EUR-21%
Fixed Assets Administrator2,580 EUR-29%
Forensic Accountant3,060 EUR-16%
Fraud Detection Supervisor3,140 EUR-13%
Fraud Prevention Manager5,100 EUR+41%
Fund Accountant2,590 EUR-29%
Grants Coordinator1,840 EUR-49%
Internal Auditor3,620 EUR-0%
Internal Control Adviser4,010 EUR+11%
Internal Control Officer2,180 EUR-40%
Inventory Accountant2,780 EUR-23%
Investment Analyst5,160 EUR+42%
Investment Fund Manager5,860 EUR+62%
Investment Underwriter2,190 EUR-40%
Investor3,420 EUR-6%
Investor Relations Manager5,230 EUR+44%
KYC Team Leader4,850 EUR+34%
Management Economist6,050 EUR+67%
Paymaster2,060 EUR-43%
Payroll Clerk2,200 EUR-39%
Payroll Manager4,530 EUR+25%
Pensions Administrator2,750 EUR-24%
Pricing Analyst4,110 EUR+13%
Private Equity Analyst4,510 EUR+24%
Proposal Development Coordinator2,310 EUR-36%
Receivables Accountant2,280 EUR-37%
Regulatory Accountant2,840 EUR-22%
Retirement Plan Analyst4,060 EUR+12%
Revenue Management Specialist4,140 EUR+14%
Revenue Recognition Analyst4,660 EUR+29%
Risk Management Director5,980 EUR+65%
Risk Management Supervisor5,330 EUR+47%
Tax Accountant2,510 EUR-31%
Tax Advisor3,940 EUR+9%
Tax Associate2,220 EUR-39%
Tax Manager5,410 EUR+49%
Teller1,520 EUR-58%
Treasury Accountant2,700 EUR-25%
Treasury Analyst4,100 EUR+13%
Underwriter1,780 EUR-51%
Underwriting Assistant1,640 EUR-55%
Vice President of Finance6,990 EUR+93%

Salary Comparison By City

CityAverage Salary
Berlin4,070 EUR
Bremen3,310 EUR
Dortmund3,410 EUR
Dresden3,260 EUR
Dusseldorf3,450 EUR
Essen3,610 EUR
Frankfurt3,650 EUR
Hamburg4,060 EUR
Hannover3,090 EUR
Koln3,660 EUR
Leipzig3,280 EUR
Munchen3,670 EUR
Nurnberg3,170 EUR
Stuttgart3,570 EUR
3847 - 5

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