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Bookkeeper Average Salary in Germany 2020

How much money does a Bookkeeper make in Germany?


Average Monthly Salary
6,000 EUR
( 72,000 EUR yearly)

LOW
2,760
EUR
AVERAGE
6,000
EUR
HIGH
9,540
EUR

A person working as a Bookkeeper in Germany typically earns around 6,000 EUR per month. Salaries range from 2,760 EUR (lowest) to 9,540 EUR (highest).

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

Bookkeeper Salary Distribution in Germany

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

  • Salary Range

    Bookkeeper salaries in Germany range from 2,760 EUR per month (minimum salary) to 9,540 EUR per month (maximum salary).

  • Median Salary

    The median salary is 6,480 EUR per month, which means that half (50%) of people working as Bookkeeper(s) are earning less than 6,480 EUR while the other half are earning more than 6,480 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 Bookkeeper(s) are earning less than 4,160 EUR while 75% of them are earning more than 4,160 EUR. Also from the diagram, 75% of Bookkeeper(s) are earning less than 8,650 EUR while 25% are earning more than 8,650 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

Bookkeeper Salary Comparison by Years of Experience

How does experience and age affect your pay?

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

A Bookkeeper with less than two years of experience makes approximately 3,130 EUR per month.

While someone with an experience level between two and five years is expected to earn 4,180 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 6,180 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, Bookkeeper(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 7,540 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 8,210 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 8,890 EUR per month, 8% more than people with fifteen to twenty years of experience.


Bookkeeper average salary change by experience in Germany

0 - 2 Years
3,130 EUR
2 - 5 Years+34%
4,180 EUR
5 - 10 Years+48%
6,180 EUR
10 - 15 Years+22%
7,540 EUR
15 - 20 Years+9%
8,210 EUR
20+ Years+8%
8,890 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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Bookkeeper Salary Comparison By Education

How do education levels affect salaries?

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

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

When the education level is High School, the average salary of a Bookkeeper is 3,570 EUR per month.

While someone with a Certificate or Diploma gets a salary of 5,610 EUR per month, 57% more than someone having a High School degree.

A Bachelor's Degree gets its holder an average salary of 9,400 EUR per month, 68% more than someone with a Certificate or Diploma.


Bookkeeper average salary difference by education level in Germany

High School
3,570 EUR
Certificate or Diploma+57%
5,610 EUR
Bachelor's Degree+68%
9,400 EUR
Percentage increase and decrease are relative to the previous value

Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Bookkeeper Salary Comparison By Gender

Salary comparison by gender monthly Germany Bookkeeper
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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 Bookkeeper employees in Germany earn 7% more than their female counterparts.

Female
5,790 EUR
Male+7%
6,210 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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Bookkeeper Average Annual Salary Increment Percentage in Germany

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

Bookkeeper

Bookkeeper(s) in Germany are likely to observe a salary increase of approximately 10% every 15 months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.

Annual Salary Increment Rate Germany Bookkeeper
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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

Annual Salary Increment Rate Germany
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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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Bookkeeper Bonus and Incentive Rates in Germany

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Germany Bookkeeper
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A Bookkeeper is considered to be a low 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.

65% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 35% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 0% to 4% of their annual salary.

Received Bonus
35%
No Bonus
65%

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 Bookkeeper employees in Germany earn 5% more than their private sector counterparts.

Private Sector
11,600 EUR
Public Sector+5%
12,100 EUR
Percentage increase and decrease are relative to the previous value

Bookkeeper Salary Trend and Forecast in Germany

How are Bookkeeper salaries changing over time? Listed below is a chart that shows the average salary in recent years.

Salary trends and forecast monthly Germany Bookkeeper
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Average Salary 2016
5,190 EUR
Average Salary 2017+4%
5,380 EUR
Average Salary 2018+4%
5,580 EUR
Average Salary 2019+4%
5,780 EUR
Percentage increase and decrease are relative to the previous value

Bookkeeper salaries in Germany are on the rise in the year 2020 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 4% higher than those of 2018. The trend suggests a slow yet continuous increase in pay in 2021 and future years. These numbers may vary from industry to another.

Bookkeeper Average Hourly Wage in Germany


35 EUR per hour

The average hourly wage (pay per hour) in Germany is 35 EUR. This means that the average Bookkeeper in Germany earns approximately 35 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.

Bookkeeper VS Other Jobs

Salary Comparison Between Bookkeeper and Accounting and Finance monthly Germany
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The average salary for Bookkeeper is 48% less than that of Accounting and Finance. Also, Accounting and Finance salaries are 3% less than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Account Examiner7,230 EUR+21%
Account Executive10,500 EUR+75%
Accountant7,560 EUR+26%
Accounting Assistant7,140 EUR+19%
Accounting Associate7,310 EUR+22%
Accounting Clerk5,650 EUR-6%
Accounting Coordinator6,500 EUR+8%
Accounting Manager15,300 EUR+160%
Accounting Supervisor10,800 EUR+80%
Accounting Technician6,770 EUR+13%
Accounts Executive9,260 EUR+54%
Accounts Payable and Receivable Specialist9,100 EUR+52%
Accounts Payable Clerk5,880 EUR-2%
Accounts Payable Manager11,700 EUR+95%
Accounts Receivable Clerk6,070 EUR+1%
Accounts Receivable Manager11,900 EUR+98%
Assistant Accounting Manager9,170 EUR+53%
Assistant Auditor8,760 EUR+46%
Audit Supervisor14,300 EUR+140%
Auditing Clerk7,210 EUR+20%
Auditing Manager15,300 EUR+160%
Billing Coordinator9,490 EUR+58%
Billing Specialist9,200 EUR+53%
Billing Supervisor11,100 EUR+85%
Bookkeeper6,000 EUR+0%
Bookkeeping Specialist7,740 EUR+29%
Budget Analyst9,110 EUR+52%
Budget Manager13,100 EUR+120%
Business Support Analyst10,700 EUR+78%
Capital Markets Associate11,400 EUR+90%
Cash Flow Analyst10,800 EUR+80%
Cash Management Officer10,800 EUR+80%
Cashbook Clerk6,840 EUR+14%
Chartered Accountant9,720 EUR+62%
Collections Clerk5,820 EUR-3%
Collections Specialist7,500 EUR+25%
Corporate Treasurer19,800 EUR+230%
Cost Accountant9,120 EUR+52%
Cost Accounting Manager11,800 EUR+97%
Cost Analyst10,900 EUR+82%
Credit and Collection Manager12,600 EUR+110%
Credit and Collection Staff6,210 EUR+4%
Credit and Loans Officer6,640 EUR+11%
Credit Controller10,300 EUR+72%
Debt Adviser14,400 EUR+140%
Debt Collector9,940 EUR+66%
Debtors Clerk8,450 EUR+41%
Deputy CFO20,200 EUR+240%
Derivative Trader16,000 EUR+170%
Escrow Assistant9,100 EUR+52%
External Auditor11,100 EUR+85%
Finance Associate8,360 EUR+39%
Finance Executive17,800 EUR+200%
Finance Licensing Clerk6,740 EUR+12%
Finance Licensing Manager11,700 EUR+95%
Finance Licensing Specialist9,050 EUR+51%
Finance Officer13,200 EUR+120%
Finance President21,800 EUR+260%
Finance Relationship Manager15,800 EUR+160%
Finance Release Analyst10,600 EUR+77%
Finance Team Leader 12,500 EUR+110%
Financial Actuary11,600 EUR+93%
Financial Administrator9,640 EUR+61%
Financial Analyst11,800 EUR+97%
Financial Applications Specialist7,490 EUR+25%
Financial Assistant6,660 EUR+11%
Financial Associate8,000 EUR+33%
Financial Claims Analyst10,400 EUR+73%
Financial Claims Manager11,500 EUR+92%
Financial Commercial Analyst9,660 EUR+61%
Financial Compliance Analyst11,000 EUR+83%
Financial Consultant10,600 EUR+77%
Financial Controller11,100 EUR+85%
Financial Coordinator9,450 EUR+58%
Financial Customer Service Manager13,500 EUR+130%
Financial Dealer and Broker10,300 EUR+72%
Financial Encoder6,360 EUR+6%
Financial Manager23,100 EUR+290%
Financial Operations Manager15,500 EUR+160%
Financial Policy Analyst11,400 EUR+90%
Financial Project Manager10,600 EUR+77%
Financial Quantitative Analyst12,800 EUR+110%
Financial Reporting Consultant10,700 EUR+78%
Financial Reporting Manager13,900 EUR+130%
Financial Services Sales Agent10,200 EUR+70%
Fixed Assets Administrator8,690 EUR+45%
Forensic Accountant8,880 EUR+48%
Fraud Detection Supervisor10,300 EUR+72%
Fraud Prevention Manager15,500 EUR+160%
Fund Accountant8,600 EUR+43%
Grants Coordinator6,910 EUR+15%
Internal Auditor12,200 EUR+100%
Internal Control Adviser11,600 EUR+93%
Internal Control Officer9,580 EUR+60%
Inventory Accountant18,300 EUR+210%
Investment Analyst14,600 EUR+140%
Investment Fund Manager15,400 EUR+160%
Investment Underwriter6,770 EUR+13%
Investor10,800 EUR+80%
Investor Relations Manager14,200 EUR+140%
KYC Team Leader13,000 EUR+120%
Management Economist12,600 EUR+110%
Paymaster8,400 EUR+40%
Payroll Clerk6,500 EUR+8%
Payroll Manager10,800 EUR+80%
Pensions Administrator8,780 EUR+46%
Pricing Analyst11,800 EUR+97%
Private Equity Analyst12,300 EUR+110%
Proposal Development Coordinator8,640 EUR+44%
Receivables Accountant7,150 EUR+19%
Regulatory Accountant8,810 EUR+47%
Retirement Plan Analyst11,300 EUR+88%
Revenue Management Specialist9,310 EUR+55%
Revenue Recognition Analyst14,100 EUR+140%
Risk Management Director17,000 EUR+180%
Risk Management Supervisor14,200 EUR+140%
Tax Accountant8,290 EUR+38%
Tax Advisor11,000 EUR+83%
Tax Associate8,710 EUR+45%
Tax Manager16,700 EUR+180%
Teller5,030 EUR-16%
Treasury Accountant8,610 EUR+44%
Treasury Analyst11,400 EUR+90%
Underwriter6,530 EUR+9%
Underwriting Assistant5,850 EUR-2%
Vice President of Finance15,900 EUR+170%

Salary Comparison By City

CityAverage Salary
Berlin6,720 EUR
Bremen5,550 EUR
Dortmund5,700 EUR
Dresden5,510 EUR
Dusseldorf6,400 EUR
Essen6,050 EUR
Frankfurt6,070 EUR
Hamburg6,720 EUR
Hannover5,190 EUR
Koln6,710 EUR
Leipzig5,530 EUR
Munchen6,720 EUR
Nurnberg5,360 EUR
Stuttgart5,950 EUR
2700 - 1

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