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Loan Quality Assurance Auditor Average Salary in Czech Republic 2024

How much money does a person working as Loan Quality Assurance Auditor make in Czech Republic?

Average Monthly Salary
64,700 CZK
( 776,000 CZK yearly)

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 Loan Quality Assurance Auditor in Czech Republic typically earns around 64,700 CZK. Salaries range from 31,700 CZK (lowest) to 101,000 CZK (highest).

Salary Variance

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

Loan Quality Assurance Auditor Pay Scale and Salaries in Czech Republic

Median and salary distribution Czech Republic Loan Quality Assurance Auditor monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
60,000 CZK or more
10% of people earn
53,000 to 60,000 CZK
20% of people earn
37,600 CZK or less
65% of people earn
37,600 to 53,000 CZK
Minimum Salary
31,700 CZK
60,300 CZK
101,000 CZK

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 Loan Quality Assurance Auditor in Czech Republic range from 31,700 CZK (starting salary) to 101,000 CZK (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 60,300 CZK, half of the professionals who work as Loan Quality Assurance Auditor in Czech Republic 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 Loan Quality Assurance Auditor in Czech Republic earn less than 49,300 CZK, while 75% earn more. Similarly, the chart shows that 75% earn less than 69,000 CZK 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 Loan Quality Assurance Auditor in Czech Republic compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 37,600 CZK to 53,000 CZK. About 20% of salaries are below the 37,600 CZK mark, while 10% fall within the range of 53,000 CZK to 60,000 CZK. Only 5% of individuals have salaries exceeding 60,000 CZK.

Salary Comparison by Years of Experience / Loan Quality Assurance Auditor / Czech Republic

How do experience and age affect pay?

0 - 2 Years
37,600 CZK
2 - 5 Years+29%
48,300 CZK
5 - 10 Years+38%
66,600 CZK
10 - 15 Years+24%
82,600 CZK
15 - 20 Years+7%
88,400 CZK
20+ Years+7%
94,300 CZK
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Czech Republic Loan Quality Assurance 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 the wage. We broke down salaries by experience level for people working as Loan Quality Assurance Auditor 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 37,600 CZK.

While someone with an experience level between two and five years is expected to earn 48,300 CZK, 29% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 66,600 CZK, 38% 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 82,600 CZK, 24% 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 88,400 CZK, 7% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 94,300 CZK, 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 / Loan Quality Assurance Auditor / Czech Republic

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Loan Quality Assurance Auditor.

Bachelor's Degree
46,900 CZK
Master's Degree+60%
75,300 CZK
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Czech Republic Loan Quality Assurance 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 salaries by education level for the position Loan Quality Assurance Auditor in order to make a comparison.

Level 1: Bachelor's Degree

Employees at this education level have an average salary of 46,900 CZK.

Level 2: Master's Degree

At this level, the average salary becomes 75,300 CZK, 60% 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 Czech Republic costs anywhere from 306,000 CZK to 917,000 CZK 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 / Loan Quality Assurance Auditor / Czech Republic

Salary comparison by gender Czech Republic Loan Quality Assurance Auditor 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 Loan Quality Assurance Auditor in Czech Republic, the average difference between the salary of male and female employees is 6%.

66,300 CZK
62,700 CZK
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Czech Republic for all Careers

Salary comparison by gender monthly Czech Republic
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Average Annual Salary Increment Percentage / Loan Quality Assurance Auditor / Czech Republic

How much are annual salary increments in Czech Republic for individuals working as Loan Quality Assurance Auditor? How often do employees get salary raises?

Individuals working as Loan Quality Assurance Auditor in Czech Republic are likely to observe a salary increase of approximately 12% every 17 months. The national average annual increment for all professions combined is 8% granted to employees every 18 months.

Annual Salary Increment Rate Czech Republic Loan Quality Assurance 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.

Czech Republic / All Professions

Annual Salary Increment Rate Czech Republic
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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 Czech Republic is 5%.

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 / Loan Quality Assurance Auditor / Czech Republic

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Czech Republic Loan Quality Assurance Auditor
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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 9% of their annual salary.

Received Bonus
No Bonus

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.

A graphics designer working for a graphics designing company.

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 / Loan Quality Assurance Auditor / Czech Republic

370 CZK per hour

The average hourly wage (pay per hour) for individuals working as Loan Quality Assurance Auditor in Czech Republic is 370 CZK.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 Loan Quality Assurance Auditor in Czech Republic is 180 CZK. 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
AML Analyst96,100 CZK+49%
Assistant Bank Branch Manager82,100 CZK+27%
Assistant Bank Manager104,000 CZK+61%
ATM Manager83,900 CZK+30%
ATM Service Technician24,500 CZK-62%
Bank Accounts Analyst36,700 CZK-43%
Bank Accounts Collector21,100 CZK-67%
Bank Accounts Controller46,000 CZK-29%
Bank Accounts Executive65,400 CZK+1%
Bank Accounts Manager80,300 CZK+24%
Bank Auditing Manager75,600 CZK+17%
Bank Branch Manager106,000 CZK+64%
Bank Branch Operations Coordinator46,700 CZK-28%
Bank Clerk20,200 CZK-69%
Bank Client Service Associate27,900 CZK-57%
Bank Collector20,500 CZK-68%
Bank Compliance Specialist58,700 CZK-9%
Bank Manager124,000 CZK+92%
Bank Operational Risk Manager128,000 CZK+98%
Bank Operations Head125,000 CZK+93%
Bank Operations Officer50,200 CZK-22%
Bank Operations Specialist81,900 CZK+27%
Bank Process Manager70,000 CZK+8%
Bank Product Manager 84,000 CZK+30%
Bank Programme Manager89,500 CZK+38%
Bank Project Manager99,200 CZK+53%
Bank Propositions Manager92,400 CZK+43%
Bank Quantitative Analyst60,800 CZK-6%
Bank Regional Manager134,000 CZK+110%
Bank Regional Risk Officer66,100 CZK+2%
Bank Relationship Manager93,900 CZK+45%
Bank Relationship Officer44,000 CZK-32%
Bank Sustainability Analyst74,400 CZK+15%
Bank Teller21,700 CZK-66%
Banker43,000 CZK-34%
Banking Business Analyst67,000 CZK+4%
Banking Business Development Officer41,700 CZK-36%
Banking Business Planning Executive96,400 CZK+49%
Banking Data Analyst73,200 CZK+13%
Banking Product Manager84,100 CZK+30%
Banking Reference Data Manager68,500 CZK+6%
Banking Regulatory Compliance Officer79,500 CZK+23%
Banking Risk Analyst65,200 CZK+1%
Banking Technical Analyst36,600 CZK-43%
Bankruptcy Coordinator46,700 CZK-28%
Bill and Account Collector22,500 CZK-65%
Blockchain Analyst58,200 CZK-10%
Blockchain Architect64,700 CZK+0%
Blockchain Auditor60,700 CZK-6%
Blockchain Compliance Analyst60,100 CZK-7%
Blockchain Consultant60,200 CZK-7%
Blockchain Trade Facilitator56,800 CZK-12%
Budget Analyst64,800 CZK+0%
Capital Risk Manager122,000 CZK+89%
Cards Marketing Manager86,600 CZK+34%
Cash Management Manager111,000 CZK+72%
Check Processing Manager87,300 CZK+35%
Chief Blockchain Officer75,900 CZK+17%
Commercial Vault Associate67,500 CZK+4%
Corporate Banker46,000 CZK-29%
Corporate Dealer67,800 CZK+5%
Credit Analyst50,900 CZK-21%
Credit and Collections Manager93,500 CZK+45%
Credit Card Fraud Investigator68,700 CZK+6%
Credit Portfolio Manager123,000 CZK+90%
Credit Risk Analyst72,800 CZK+13%
Credit Risk Associate73,500 CZK+14%
Cryptocurrency Accountant43,600 CZK-33%
Cryptocurrency Adviser81,200 CZK+26%
Cryptocurrency Analyst58,200 CZK-10%
Cryptocurrency Compliance Manager76,600 CZK+18%
Cryptocurrency Trader65,700 CZK+2%
Digital Banking Manager91,900 CZK+42%
Digital Currency Analyst66,300 CZK+2%
Direct Bank Sales Representative45,100 CZK-30%
Exchange Control Consultant70,000 CZK+8%
Executive Account Analyst66,800 CZK+3%
Financial Bank Planning Consultant83,900 CZK+30%
Financial Banking Analysis Manager95,000 CZK+47%
Financial Banking Assistant32,600 CZK-50%
Financial Banking Systems Manager89,200 CZK+38%
Foreign Exchange Manager101,000 CZK+56%
Fraud Analyst67,000 CZK+4%
Fraud Detection Associate47,900 CZK-26%
Fraud Detection Manager97,900 CZK+51%
Fraud Detection Supervisor55,400 CZK-14%
Internal Bank Audit Manager117,000 CZK+81%
Internal Bank Auditor66,000 CZK+2%
Internal Private Banker45,700 CZK-29%
International Banking Manager134,000 CZK+110%
Investment Banking Analyst91,900 CZK+42%
Loan Analyst62,400 CZK-4%
Loan Area Manager80,000 CZK+24%
Loan Audit Team Leader74,900 CZK+16%
Loan Branch Manager71,000 CZK+10%
Loan Business Development Officer40,600 CZK-37%
Loan Clerk22,700 CZK-65%
Loan Collection and Recovery Manager77,900 CZK+20%
Loan Collection Manager81,300 CZK+26%
Loan Collector22,500 CZK-65%
Loan Examiner28,700 CZK-56%
Loan Officer25,300 CZK-61%
Loan Processing Manager67,900 CZK+5%
Loan Processor30,100 CZK-53%
Loan Quality Assurance Auditor64,700 CZK+0%
Loan Quality Assurance Manager76,200 CZK+18%
Loan Quality Assurance Representative48,700 CZK-25%
Loan Review Manager77,700 CZK+20%
Loan Team Leader66,600 CZK+3%
Loans Manager92,300 CZK+43%
Mortgage Advisor43,800 CZK-32%
Mortgage Collection Manager78,300 CZK+21%
Mortgage Collector20,900 CZK-68%
Mortgage Credit Analyst36,000 CZK-44%
Mortgage Credit Manager72,500 CZK+12%
Mortgage Development Manager87,900 CZK+36%
Mortgage Document Reviewer28,700 CZK-56%
Mortgage Funding Manager81,500 CZK+26%
Mortgage Operations Manager119,000 CZK+84%
Mortgage Payment Processing Clerk25,100 CZK-61%
Mortgage Processing Manager76,400 CZK+18%
Mortgage Processor28,700 CZK-56%
Mortgage Quality Assurance Auditor62,100 CZK-4%
Mortgage Quality Assurance Manager75,400 CZK+17%
Mortgage Servicing Clerk23,500 CZK-64%
Mortgage Servicing Manager71,500 CZK+11%
Mortgage Underwriter27,000 CZK-58%
Online Banking Manager120,000 CZK+86%
Open Banking Strategist69,700 CZK+8%
Payment Processing Clerk23,500 CZK-64%
Personal Banker46,500 CZK-28%
Personal Banking Advisor 46,800 CZK-28%
Phone Banker30,900 CZK-52%
Private Banker45,800 CZK-29%
Reconciliation and Investigation Specialist52,200 CZK-19%
Tax Officer41,400 CZK-36%
Teller23,200 CZK-64%
Trade Officer26,900 CZK-58%
Trade Product Manager73,700 CZK+14%
Trader32,700 CZK-49%
Treasury Operations Officer58,900 CZK-9%
Wealth Management Advisor95,100 CZK+47%

Salary Comparison By City

CityAverage Salary
Prague69,900 CZK

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 Czech Republic is 7% on average across all career fields.

Private Sector
59,300 CZK
Public Sector+7%
63,600 CZK
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 Loan Quality Assurance Auditor in Czech Republic?

A good and competitive compensation would range anywhere between 60,300 CZK and 69,000 CZK. 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 Loan Quality Assurance Auditor in Czech Republic ranges from 31,700 CZK to 49,300 CZK. 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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