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Bank Branch Manager Average Salary in Germany 2020

How much money does a Bank Branch Manager make in Germany?


Average Monthly Salary
16,500 EUR
( 199,000 EUR yearly)

LOW
7,610
EUR
AVERAGE
16,500
EUR
HIGH
26,300
EUR

A person working as a Bank Branch Manager in Germany typically earns around 16,500 EUR per month. Salaries range from 7,610 EUR (lowest) to 26,300 EUR (highest).

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

Bank Branch Manager Salary Distribution in Germany

Median and salary distribution monthly Germany Bank Branch Manager
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The median, the maximum, the minimum, and the range

  • Salary Range

    Bank Branch Manager salaries in Germany range from 7,610 EUR per month (minimum salary) to 26,300 EUR per month (maximum salary).

  • Median Salary

    The median salary is 17,900 EUR per month, which means that half (50%) of people working as Bank Branch Manager(s) are earning less than 17,900 EUR while the other half are earning more than 17,900 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 Bank Branch Manager(s) are earning less than 11,500 EUR while 75% of them are earning more than 11,500 EUR. Also from the diagram, 75% of Bank Branch Manager(s) are earning less than 23,900 EUR while 25% are earning more than 23,900 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

Bank Branch Manager Salary Comparison by Years of Experience

How does experience and age affect your pay?

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

A Bank Branch Manager with less than two years of experience makes approximately 8,640 EUR per month.

While someone with an experience level between two and five years is expected to earn 11,500 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 17,100 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, Bank Branch Manager(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 20,800 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 22,700 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 24,500 EUR per month, 8% more than people with fifteen to twenty years of experience.


Bank Branch Manager average salary change by experience in Germany

0 - 2 Years
8,640 EUR
2 - 5 Years+34%
11,500 EUR
5 - 10 Years+48%
17,100 EUR
10 - 15 Years+22%
20,800 EUR
15 - 20 Years+9%
22,700 EUR
20+ Years+8%
24,500 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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Bank Branch Manager Salary Comparison By Education

How do education levels affect salaries?

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

Salary comparison by education level monthly Germany Bank Branch Manager
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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 Bank Branch Manager salaries by education level in order to make a comparison.

When the education level is Bachelor's Degree, the average salary of a Bank Branch Manager is 10,000 EUR per month.

While someone with a Master's Degree gets a salary of 19,400 EUR per month, 93% more than someone having a Bachelor's Degree degree.


Bank Branch Manager average salary difference by education level in Germany

Bachelor's Degree
10,000 EUR
Master's Degree+93%
19,400 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 59,400 Euro(s) to 178,000 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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Bank Branch Manager Salary Comparison By Gender

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

Female
16,000 EUR
Male+7%
17,100 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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Bank Branch Manager Average Annual Salary Increment Percentage in Germany

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

Bank Branch Manager

Bank Branch Manager(s) in Germany are likely to observe a salary increase of approximately 12% 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 Bank Branch Manager
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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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Bank Branch Manager Bonus and Incentive Rates in Germany

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Germany Bank Branch Manager
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A Bank Branch Manager 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.

13% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 87% 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
87%
No Bonus
13%

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 Bank Branch Manager 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

Bank Branch Manager Salary Trend and Forecast in Germany

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

Salary trends and forecast monthly Germany Bank Branch Manager
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Average Salary 2016
14,300 EUR
Average Salary 2017+4%
14,800 EUR
Average Salary 2018+4%
15,400 EUR
Average Salary 2019+4%
16,000 EUR
Percentage increase and decrease are relative to the previous value

Bank Branch Manager 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.

Bank Branch Manager Average Hourly Wage in Germany


95 EUR per hour

The average hourly wage (pay per hour) in Germany is 95 EUR. This means that the average Bank Branch Manager in Germany earns approximately 95 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.

Bank Branch Manager VS Other Jobs

Salary Comparison Between Bank Branch Manager and Banking monthly Germany
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The average salary for Bank Branch Manager is 23% more than that of Banking. Also, Banking salaries are 13% more than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
AML Analyst15,900 EUR-4%
Assistant Bank Branch Manager14,100 EUR-15%
Assistant Bank Manager16,300 EUR-2%
ATM Manager15,000 EUR-9%
ATM Service Technician7,780 EUR-53%
Bank Accounts Analyst10,800 EUR-35%
Bank Accounts Controller11,100 EUR-33%
Bank Accounts Executive13,100 EUR-21%
Bank Accounts Manager13,700 EUR-17%
Bank Auditing Manager14,400 EUR-13%
Bank Branch Manager16,500 EUR-0%
Bank Clerk7,870 EUR-52%
Bank Compliance Specialist11,000 EUR-34%
Bank Manager25,000 EUR+51%
Bank Operational Risk Manager17,500 EUR+6%
Bank Operations Head18,800 EUR+14%
Bank Operations Officer10,700 EUR-35%
Bank Operations Specialist15,200 EUR-8%
Bank Process Manager12,100 EUR-27%
Bank Product Manager 12,100 EUR-27%
Bank Programme Manager15,000 EUR-9%
Bank Project Manager15,100 EUR-9%
Bank Propositions Manager15,900 EUR-4%
Bank Quantitative Analyst12,600 EUR-24%
Bank Regional Manager17,500 EUR+6%
Bank Regional Risk Officer12,000 EUR-27%
Bank Relationship Manager14,100 EUR-15%
Bank Relationship Officer11,100 EUR-33%
Banker10,900 EUR-34%
Banking Business Analyst12,700 EUR-23%
Banking Business Development Officer11,100 EUR-33%
Banking Business Planning Executive15,200 EUR-8%
Banking Product Manager14,900 EUR-10%
Banking Reference Data Manager13,400 EUR-19%
Banking Risk Analyst11,900 EUR-28%
Banking Technical Analyst10,100 EUR-39%
Bankruptcy Coordinator13,300 EUR-20%
Budget Analyst11,900 EUR-28%
Cards Marketing Manager15,400 EUR-7%
Cash Management Manager17,100 EUR+3%
Check Processing Manager15,900 EUR-4%
Commercial Vault Associate11,600 EUR-30%
Corporate Dealer12,900 EUR-22%
Credit Analyst14,700 EUR-11%
Credit and Collections Manager15,400 EUR-7%
Credit Card Fraud Investigator12,900 EUR-22%
Credit Portfolio Manager19,000 EUR+15%
Credit Risk Analyst15,700 EUR-5%
Credit Risk Associate13,100 EUR-21%
Direct Bank Sales Representative11,400 EUR-31%
Financial Bank Planning Consultant14,400 EUR-13%
Financial Banking Analysis Manager16,100 EUR-3%
Financial Banking Assistant10,700 EUR-35%
Financial Banking Systems Manager14,900 EUR-10%
Foreign Exchange Manager15,200 EUR-8%
Fraud Analyst13,100 EUR-21%
Fraud Detection Associate12,300 EUR-26%
Fraud Detection Manager15,900 EUR-4%
Fraud Detection Supervisor13,500 EUR-18%
Internal Bank Audit Manager16,600 EUR+0%
Internal Bank Auditor11,900 EUR-28%
International Banking Manager19,900 EUR+20%
Loan Analyst12,900 EUR-22%
Loan Area Manager13,400 EUR-19%
Loan Audit Team Leader13,700 EUR-17%
Loan Branch Manager14,700 EUR-11%
Loan Business Development Officer12,200 EUR-26%
Loan Clerk9,010 EUR-46%
Loan Collection Manager13,800 EUR-17%
Loan Collector7,290 EUR-56%
Loan Examiner9,960 EUR-40%
Loan Processing Manager12,100 EUR-27%
Loan Processor11,000 EUR-34%
Loan Quality Assurance Auditor12,300 EUR-26%
Loan Quality Assurance Manager13,400 EUR-19%
Loan Quality Assurance Representative11,600 EUR-30%
Loan Review Manager12,900 EUR-22%
Loan Team Leader12,600 EUR-24%
Mortgage Advisor11,800 EUR-29%
Mortgage Collection Manager13,000 EUR-21%
Mortgage Collector9,610 EUR-42%
Mortgage Credit Analyst10,900 EUR-34%
Mortgage Credit Manager12,100 EUR-27%
Mortgage Development Manager14,700 EUR-11%
Mortgage Document Reviewer9,190 EUR-44%
Mortgage Funding Manager15,900 EUR-4%
Mortgage Operations Manager15,800 EUR-5%
Mortgage Payment Processing Clerk8,940 EUR-46%
Mortgage Processing Manager14,200 EUR-14%
Mortgage Processor9,880 EUR-40%
Mortgage Quality Assurance Auditor12,500 EUR-24%
Mortgage Quality Assurance Manager12,900 EUR-22%
Mortgage Servicing Clerk7,590 EUR-54%
Mortgage Servicing Manager13,000 EUR-21%
Mortgage Underwriter8,730 EUR-47%
Online Banking Manager16,300 EUR-2%
Payment Processing Clerk8,630 EUR-48%
Personal Banker12,700 EUR-23%
Personal Banking Advisor 12,200 EUR-26%
Phone Banker10,600 EUR-36%
Private Banker13,500 EUR-18%
Reconciliation and Investigation Specialist11,200 EUR-32%
Teller7,310 EUR-56%
Trade Officer9,240 EUR-44%
Trade Product Manager13,400 EUR-19%
Trader10,500 EUR-37%
Treasury Operations Officer12,100 EUR-27%

Salary Comparison By City

CityAverage Salary
Berlin18,900 EUR
Bremen15,800 EUR
Dortmund15,700 EUR
Dresden14,700 EUR
Dusseldorf16,900 EUR
Essen16,300 EUR
Frankfurt17,400 EUR
Hamburg18,500 EUR
Hannover14,500 EUR
Koln17,800 EUR
Leipzig15,100 EUR
Munchen18,100 EUR
Nurnberg14,000 EUR
Stuttgart16,700 EUR
6600 - 1

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