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Cash Management Manager Average Salary in Hungary 2024

How much money does a person working as Cash Management Manager make in Hungary?


Average Monthly Salary
941,000 HUF
( 11,300,000 HUF yearly)

LOW
470,000
HUF
AVERAGE
941,000
HUF
HIGH
1,460,000
HUF
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Cash Management Manager in Hungary typically earns around 941,000 HUF. Salaries range from 470,000 HUF (lowest) to 1,460,000 HUF (highest).


Salary Variance

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



Cash Management Manager Pay Scale and Salaries in Hungary

Median and salary distribution Hungary Cash Management Manager monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
866,000 HUF or more
10% of people earn
767,000 to 866,000 HUF
20% of people earn
549,000 HUF or less
65% of people earn
549,000 to 767,000 HUF
Minimum Salary
470,000
HUF
Median
870,000
HUF
Maximum
1,460,000
HUF




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Cash Management Manager in Hungary range from 470,000 HUF (starting salary) to 1,460,000 HUF (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 870,000 HUF, half of the professionals who work as Cash Management Manager in Hungary earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Cash Management Manager in Hungary earn less than 715,000 HUF, while 75% earn more. Similarly, the chart shows that 75% earn less than 993,000 HUF while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Cash Management Manager in Hungary compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 549,000 HUF to 767,000 HUF. About 20% of salaries are below the 549,000 HUF mark, while 10% fall within the range of 767,000 HUF to 866,000 HUF. Only 5% of individuals have salaries exceeding 866,000 HUF.

Salary Comparison by Years of Experience / Cash Management Manager / Hungary

How do experience and age affect pay?

0 - 2 Years
564,000 HUF
2 - 5 Years+32%
747,000 HUF
5 - 10 Years+34%
999,000 HUF
10 - 15 Years+19%
1,190,000 HUF
15 - 20 Years+8%
1,290,000 HUF
20+ Years+7%
1,380,000 HUF
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Hungary Cash Management 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 the wage. We broke down salaries by experience level for people working as Cash Management Manager and this is what we found.


All salary figures displayed here are per month except when noted otherwise.

Employees with less than two years of experience earn approximately 564,000 HUF.

While someone with an experience level between two and five years is expected to earn 747,000 HUF, 32% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 999,000 HUF, 34% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 1,190,000 HUF, 19% 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 1,290,000 HUF, 8% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 1,380,000 HUF, 7% more than people with fifteen to twenty 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.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Cash Management Manager / Hungary

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Cash Management Manager.

Bachelor's Degree
806,000 HUF
Master's Degree+58%
1,270,000 HUF
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Hungary Cash Management 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 salaries by education level for the position Cash Management Manager in order to make a comparison.


Level 1: Bachelor's Degree

Employees at this education level have an average salary of 806,000 HUF.


Level 2: Master's Degree

At this level, the average salary becomes 1,270,000 HUF, 58% more than the previous level.



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 Hungary costs anywhere from 2,470,000 HUF to 7,420,000 HUF 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 to a higher-paying job. The numbers seem to support the theory. 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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Salary and Compensation Comparison By Gender / Cash Management Manager / Hungary

Salary comparison by gender Hungary Cash Management Manager monthly
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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? For the people who work as Cash Management Manager in Hungary, the average difference between the salary of male and female employees is 5%.

Male
962,000 HUF
Female-5%
917,000 HUF
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Hungary for all Careers

Salary comparison by gender monthly Hungary
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Average Annual Salary Increment Percentage / Cash Management Manager / Hungary

How much are annual salary increments in Hungary for individuals working as Cash Management Manager? How often do employees get salary raises?

Individuals working as Cash Management Manager in Hungary are likely to observe a salary increase of approximately 14% every 17 months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.

Annual Salary Increment Rate Hungary Cash Management 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.

Hungary / All Professions

Annual Salary Increment Rate Hungary
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare 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 Hungary is 6%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates / Cash Management Manager / Hungary

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Hungary Cash Management Manager
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20% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 80% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 5% to 8% of their annual salary.

Received Bonus
80%
No Bonus
20%

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.

Average Hourly Wage / Cash Management Manager / Hungary


5,430 HUF per hour

The average hourly wage (pay per hour) for individuals working as Cash Management Manager in Hungary is 5,430 HUF.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

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 fixed 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.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Cash Management Manager in Hungary is 2,710 HUF. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Banking-100%
AML Analyst698,000 HUF-26%
Assistant Bank Branch Manager588,000 HUF-38%
Assistant Bank Manager784,000 HUF-17%
ATM Manager661,000 HUF-30%
ATM Service Technician182,000 HUF-81%
Bank Accounts Analyst271,000 HUF-71%
Bank Accounts Collector168,000 HUF-82%
Bank Accounts Controller340,000 HUF-64%
Bank Accounts Executive504,000 HUF-46%
Bank Accounts Manager583,000 HUF-38%
Bank Auditing Manager585,000 HUF-38%
Bank Branch Manager803,000 HUF-15%
Bank Branch Operations Coordinator360,000 HUF-62%
Bank Clerk168,000 HUF-82%
Bank Client Service Associate226,000 HUF-76%
Bank Collector162,000 HUF-83%
Bank Compliance Specialist459,000 HUF-51%
Bank Manager992,000 HUF+5%
Bank Operational Risk Manager1,000,000 HUF+6%
Bank Operations Head1,020,000 HUF+8%
Bank Operations Officer390,000 HUF-59%
Bank Operations Specialist619,000 HUF-34%
Bank Process Manager575,000 HUF-39%
Bank Product Manager 646,000 HUF-31%
Bank Programme Manager641,000 HUF-32%
Bank Project Manager791,000 HUF-16%
Bank Propositions Manager689,000 HUF-27%
Bank Quantitative Analyst492,000 HUF-48%
Bank Regional Manager1,020,000 HUF+8%
Bank Regional Risk Officer538,000 HUF-43%
Bank Relationship Manager749,000 HUF-20%
Bank Relationship Officer341,000 HUF-64%
Bank Sustainability Analyst588,000 HUF-38%
Bank Teller183,000 HUF-81%
Banker357,000 HUF-62%
Banking Business Analyst521,000 HUF-45%
Banking Business Development Officer337,000 HUF-64%
Banking Business Planning Executive757,000 HUF-20%
Banking Data Analyst602,000 HUF-36%
Banking Product Manager655,000 HUF-30%
Banking Reference Data Manager540,000 HUF-43%
Banking Regulatory Compliance Officer617,000 HUF-34%
Banking Risk Analyst526,000 HUF-44%
Banking Technical Analyst264,000 HUF-72%
Bankruptcy Coordinator367,000 HUF-61%
Bill and Account Collector180,000 HUF-81%
Blockchain Analyst432,000 HUF-54%
Blockchain Architect500,000 HUF-47%
Blockchain Auditor442,000 HUF-53%
Blockchain Compliance Analyst456,000 HUF-52%
Blockchain Consultant477,000 HUF-49%
Blockchain Trade Facilitator409,000 HUF-57%
Budget Analyst483,000 HUF-49%
Capital Risk Manager973,000 HUF+3%
Cards Marketing Manager640,000 HUF-32%
Cash Management Manager941,000 HUF+0%
Check Processing Manager694,000 HUF-26%
Chief Blockchain Officer576,000 HUF-39%
Commercial Vault Associate506,000 HUF-46%
Corporate Banker388,000 HUF-59%
Corporate Dealer545,000 HUF-42%
Credit Analyst414,000 HUF-56%
Credit and Collections Manager718,000 HUF-24%
Credit Card Fraud Investigator549,000 HUF-42%
Credit Portfolio Manager980,000 HUF+4%
Credit Risk Analyst548,000 HUF-42%
Credit Risk Associate569,000 HUF-40%
Cryptocurrency Accountant329,000 HUF-65%
Cryptocurrency Adviser639,000 HUF-32%
Cryptocurrency Analyst477,000 HUF-49%
Cryptocurrency Compliance Manager592,000 HUF-37%
Cryptocurrency Trader529,000 HUF-44%
Digital Banking Manager710,000 HUF-25%
Digital Currency Analyst514,000 HUF-45%
Direct Bank Sales Representative376,000 HUF-60%
Exchange Control Consultant546,000 HUF-42%
Executive Account Analyst496,000 HUF-47%
Financial Bank Planning Consultant683,000 HUF-27%
Financial Banking Analysis Manager777,000 HUF-17%
Financial Banking Assistant251,000 HUF-73%
Financial Banking Systems Manager717,000 HUF-24%
Foreign Exchange Manager765,000 HUF-19%
Fraud Analyst557,000 HUF-41%
Fraud Detection Associate378,000 HUF-60%
Fraud Detection Manager803,000 HUF-15%
Fraud Detection Supervisor456,000 HUF-52%
Internal Bank Audit Manager948,000 HUF+1%
Internal Bank Auditor503,000 HUF-47%
Internal Private Banker362,000 HUF-62%
International Banking Manager1,060,000 HUF+13%
Investment Banking Analyst766,000 HUF-19%
Loan Analyst525,000 HUF-44%
Loan Area Manager645,000 HUF-31%
Loan Audit Team Leader604,000 HUF-36%
Loan Branch Manager597,000 HUF-37%
Loan Business Development Officer321,000 HUF-66%
Loan Clerk187,000 HUF-80%
Loan Collection and Recovery Manager632,000 HUF-33%
Loan Collection Manager633,000 HUF-33%
Loan Collector172,000 HUF-82%
Loan Examiner229,000 HUF-76%
Loan Officer197,000 HUF-79%
Loan Processing Manager564,000 HUF-40%
Loan Processor235,000 HUF-75%
Loan Quality Assurance Auditor527,000 HUF-44%
Loan Quality Assurance Manager586,000 HUF-38%
Loan Quality Assurance Representative390,000 HUF-59%
Loan Review Manager587,000 HUF-38%
Loan Team Leader523,000 HUF-44%
Loans Manager682,000 HUF-28%
Mortgage Advisor359,000 HUF-62%
Mortgage Collection Manager604,000 HUF-36%
Mortgage Collector168,000 HUF-82%
Mortgage Credit Analyst273,000 HUF-71%
Mortgage Credit Manager573,000 HUF-39%
Mortgage Development Manager655,000 HUF-30%
Mortgage Document Reviewer223,000 HUF-76%
Mortgage Funding Manager660,000 HUF-30%
Mortgage Operations Manager873,000 HUF-7%
Mortgage Payment Processing Clerk192,000 HUF-80%
Mortgage Processing Manager582,000 HUF-38%
Mortgage Processor228,000 HUF-76%
Mortgage Quality Assurance Auditor496,000 HUF-47%
Mortgage Quality Assurance Manager567,000 HUF-40%
Mortgage Servicing Clerk176,000 HUF-81%
Mortgage Servicing Manager558,000 HUF-41%
Mortgage Underwriter211,000 HUF-78%
Online Banking Manager900,000 HUF-4%
Open Banking Strategist541,000 HUF-43%
Payment Processing Clerk183,000 HUF-81%
Personal Banker366,000 HUF-61%
Personal Banking Advisor 390,000 HUF-59%
Phone Banker250,000 HUF-73%
Private Banker372,000 HUF-60%
Reconciliation and Investigation Specialist409,000 HUF-57%
Tax Officer306,000 HUF-67%
Teller175,000 HUF-81%
Trade Officer206,000 HUF-78%
Trade Product Manager589,000 HUF-37%
Trader246,000 HUF-74%
Treasury Operations Officer477,000 HUF-49%
Wealth Management Advisor736,000 HUF-22%

Salary Comparison By City

CityAverage Salary
Budapest972,000 HUF

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Hungary is 9% on average across all career fields.

Private Sector
476,000 HUF
Public Sector+9%
518,000 HUF
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Cash Management Manager in Hungary?

A good and competitive compensation would range anywhere between 870,000 HUF and 993,000 HUF. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Cash Management Manager in Hungary ranges from 470,000 HUF to 715,000 HUF. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn 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


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