Pricing Analyst Average Salary in Madrid 2024
How much money does a person working as Pricing Analyst make in Madrid?
LOW
1,730
EUR AVERAGE
3,600
EUR HIGH
5,650
EUR
A person working as Pricing Analyst in Madrid typically earns around 3,600 EUR. Salaries range from 1,730 EUR (lowest) to 5,650 EUR (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Pricing Analyst salaries in Madrid vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Pricing Analyst Pay Scale and Salaries in Madrid
Salary Structure and Pay Scale Comparison
3,360 EUR or more
2,960 to 3,360 EUR
2,080 EUR or less
2,080 to 2,960 EUR
 1,730 EUR |
3,380 EUR |
5,650 EUR |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Pricing Analyst in Madrid range from 1,730 EUR (starting salary) to 5,650 EUR (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 3,380 EUR, half of the professionals who work as Pricing Analyst in Madrid 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 Pricing Analyst in Madrid earn less than 2,750 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 3,880 EUR 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 Pricing Analyst in Madrid compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 2,080 EUR to 2,960 EUR. About 20% of salaries are below the 2,080 EUR mark, while 10% fall within the range of 2,960 EUR to 3,360 EUR. Only 5% of individuals have salaries exceeding 3,360 EUR.
Salary Comparison by Years of Experience / Pricing Analyst / Madrid
How do experience and age affect pay?
| 0 - 2 Years | 2,020 EUR | |
| 2 - 5 Years | +42% | 2,860 EUR |
| 5 - 10 Years | +32% | 3,770 EUR |
| 10 - 15 Years | +23% | 4,630 EUR |
| 15 - 20 Years | +6% | 4,920 EUR |
| 20+ Years | +10% | 5,390 EUR |
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 Pricing Analyst and this is what we found.
Employees with less than two years of experience earn approximately 2,020 EUR.
While someone with an experience level between two and five years is expected to earn 2,860 EUR, 42% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 3,770 EUR, 32% 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 4,630 EUR, 23% 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 4,920 EUR, 6% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 5,390 EUR, 10% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Pricing Analyst / Madrid
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Pricing Analyst.
| High School | 2,510 EUR | |
| Certificate or Diploma | +16% | 2,900 EUR |
| Bachelor's Degree | +46% | 4,240 EUR |
| Master's Degree | +23% | 5,220 EUR |
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 Pricing Analyst in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 2,510 EUR.
Level 2: Certificate or Diploma
At this level, the average salary becomes 2,900 EUR, 16% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 4,240 EUR, 46% more than the previous level.
Level 4: Master's Degree
At this level, the average salary becomes 5,220 EUR, 23% 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 Spain costs anywhere from 13,600 EUR to 40,900 EUR 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 and Compensation Comparison By Gender / Pricing Analyst / Madrid
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 Pricing Analyst in Spain, the average difference between the salary of male and female employees is 5%.
| Male | 3,320 EUR | |
| Female | -4% | 3,170 EUR |
Salary Comparison By Gender in Spain for all Careers
Average Annual Salary Increment Percentage / Pricing Analyst / Madrid
How much are annual salary increments in Madrid for individuals working as Pricing Analyst? How often do employees get salary raises?
Individuals working as Pricing Analyst in Spain are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 8% granted to employees every 17 months.
Spain / All Professions
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
Worldwide Salary Raises: All Countries and All Jobs
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 / Pricing Analyst / Spain
How much and how often are bonuses being awarded?
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100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from % to % of their annual salary.
| Received Bonus | % | |
| No Bonus | 100% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese 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 Generators | Supporting 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: | Example: |
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.
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 / Pricing Analyst / Madrid
21 EUR per hourThe average hourly wage (pay per hour) for individuals working as Pricing Analyst in Madrid is 21 EUR.This is the rate they get paid for every worked hour.
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 Pricing Analyst in Madrid is 10 EUR. 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 Title | Average Salary |
| Accounting and Finance |  -100% | |
| Account Examiner | 1,730 EUR | -52% |
| Account Executive | 2,930 EUR | -19% |
| Accountant | 2,250 EUR | -37% |
| Accounting Analyst | 2,790 EUR | -22% |
| Accounting Assistant | 1,750 EUR | -51% |
| Accounting Associate | 1,680 EUR | -53% |
| Accounting Clerk | 1,450 EUR | -60% |
| Accounting Coordinator | 2,030 EUR | -44% |
| Accounting Head | 4,510 EUR |  +25% |
| Accounting Manager | 4,630 EUR | +29% |
| Accounting Officer | 1,720 EUR | -52% |
| Accounting Specialist | 2,850 EUR | -21% |
| Accounting Supervisor | 3,120 EUR | -13% |
| Accounting Technician | 1,710 EUR | -52% |
| Accounting Unit Controller | 3,590 EUR | -0% |
| Accounts Executive | 2,900 EUR | -19% |
| Accounts Officer | 1,860 EUR | -48% |
| Accounts Payable and Receivable Specialist | 2,400 EUR | -33% |
| Accounts Payable Assistant | 1,830 EUR | -49% |
| Accounts Payable Associate | 2,000 EUR | -44% |
| Accounts Payable Clerk | 1,710 EUR | -52% |
| Accounts Payable Manager | 4,040 EUR | +12% |
| Accounts Receivable Administrator | 3,350 EUR | -7% |
| Accounts Receivable Clerk | 1,770 EUR | -51% |
| Accounts Receivable Financial Analyst | 2,930 EUR | -19% |
| Accounts Receivable Manager | 4,120 EUR | +15% |
| Accounts Receivable Team Leader | 3,110 EUR | -14% |
| Algorithmic Trading Specialist | 3,970 EUR | +10% |
| Assistant Accountant | 1,790 EUR | -50% |
| Assistant Accounting Manager | 3,890 EUR | +8% |
| Assistant Auditor | 2,340 EUR | -35% |
| Assistant Corporate Controller | 3,060 EUR | -15% |
| Assistant Finance Manager | 4,430 EUR | +23% |
| Assistant Financial Controller | 2,860 EUR | -20% |
| Audit Director | 4,910 EUR | +37% |
| Audit Supervisor | 4,030 EUR | +12% |
| Auditing Clerk | 1,860 EUR | -48% |
| Auditing Manager | 4,410 EUR | +23% |
| Billing Clerk | 1,860 EUR | -48% |
| Billing Coordinator | 2,110 EUR | -41% |
| Billing Specialist | 2,460 EUR | -32% |
| Billing Supervisor | 3,300 EUR | -8% |
| Bookkeeper | 1,500 EUR | -58% |
| Bookkeeping Specialist | 2,240 EUR | -38% |
| Budget Analyst | 3,820 EUR | +6% |
| Budget Manager | 4,380 EUR | +22% |
| Business Support Analyst | 2,610 EUR | -27% |
| Capital Markets Associate | 3,310 EUR | -8% |
| Cash Flow Analyst | 3,160 EUR | -12% |
| Cash Management Manager | 4,350 EUR | +21% |
| Cash Management Officer | 2,540 EUR | -29% |
| Cashbook Clerk | 1,550 EUR | -57% |
| Chartered Accountant | 2,700 EUR | -25% |
| Chief Accountant | 3,220 EUR | -10% |
| Chief Financial Technology Officer | 4,380 EUR | +22% |
| Collections Clerk | 1,500 EUR | -58% |
| Collections Representative | 1,980 EUR | -45% |
| Collections Specialist | 2,290 EUR | -36% |
| Corporate Controller | 3,450 EUR | -4% |
| Corporate Treasurer | 4,090 EUR | +14% |
| Cost Accountant | 2,350 EUR | -35% |
| Cost Accounting Manager | 4,100 EUR | +14% |
| Cost Accounting Supervisor | 3,640 EUR | +1% |
| Cost Analyst | 3,560 EUR | -1% |
| Credit and Collection Manager | 4,250 EUR | +18% |
| Credit and Collection Staff | 1,820 EUR | -49% |
| Credit and Loans Officer | 1,690 EUR | -53% |
| Credit Controller | 2,950 EUR | -18% |
| Credit Manager | 4,290 EUR | +19% |
| Debt Adviser | 3,430 EUR | -5% |
| Debt Collector | 1,910 EUR | -47% |
| Debtors Clerk | 1,640 EUR | -54% |
| Debtors Controller | 1,720 EUR | -52% |
| Deputy CFO | 5,950 EUR | +65% |
| Deputy Head of Finance | 5,560 EUR | +55% |
| Derivative Trader | 3,830 EUR | +6% |
| Director of Finance | 6,240 EUR | +73% |
| E-commerce Accountant | 2,370 EUR | -34% |
| Economist | 4,920 EUR | +37% |
| Equity Analyst | 3,920 EUR | +9% |
| Escrow Assistant | 2,100 EUR | -42% |
| Executive Accountant | 2,610 EUR | -27% |
| External Auditor | 2,940 EUR | -18% |
| Finance Administrator | 2,610 EUR | -27% |
| Finance Analyst | 3,920 EUR | +9% |
| Finance Associate | 1,940 EUR | -46% |
| Finance Data Analyst | 3,400 EUR | -5% |
| Finance Director | 6,460 EUR | +80% |
| Finance Executive | 4,350 EUR | +21% |
| Finance Licensing Clerk | 1,640 EUR | -54% |
| Finance Licensing Manager | 4,250 EUR | +18% |
| Finance Licensing Specialist | 2,430 EUR | -32% |
| Finance Manager | 5,950 EUR | +65% |
| Finance Officer | 2,240 EUR | -38% |
| Finance President | 6,490 EUR | +80% |
| Finance Relationship Manager | 4,830 EUR | +34% |
| Finance Release Analyst | 2,450 EUR | -32% |
| Finance Specialist | 3,490 EUR | -3% |
| Finance Team Leader | 4,740 EUR | +32% |
| Financial Accountant | 2,230 EUR | -38% |
| Financial Actuary | 3,470 EUR | -4% |
| Financial Administrator | 3,630 EUR | +1% |
| Financial Advisor | 4,070 EUR | +13% |
| Financial Analyst | 3,990 EUR | +11% |
| Financial Applications Specialist | 2,650 EUR | -26% |
| Financial Assistant | 1,910 EUR | -47% |
| Financial Associate | 2,180 EUR | -39% |
| Financial Claims Analyst | 3,050 EUR | -15% |
| Financial Claims Manager | 3,830 EUR | +6% |
| Financial Claims Supervisor | 3,450 EUR | -4% |
| Financial Clerk | 1,780 EUR | -51% |
| Financial Commercial Analyst | 3,220 EUR | -10% |
| Financial Compliance Analyst | 3,580 EUR | -0% |
| Financial Compliance Officer | 3,570 EUR | -1% |
| Financial Consultant | 2,830 EUR | -21% |
| Financial Controller | 3,410 EUR | -5% |
| Financial Coordinator | 2,030 EUR | -44% |
| Financial Customer Service Manager | 4,060 EUR | +13% |
| Financial Data Scientist | 4,020 EUR | +12% |
| Financial Dealer and Broker | 2,320 EUR | -36% |
| Financial Director | 6,490 EUR | +80% |
| Financial Encoder | 1,930 EUR | -46% |
| Financial Manager | 6,050 EUR | +68% |
| Financial Modelling Analyst | 3,760 EUR | +5% |
| Financial Operations Manager | 5,450 EUR | +52% |
| Financial Policy Analyst | 3,500 EUR | -3% |
| Financial Project Manager | 4,250 EUR | +18% |
| Financial Quantitative Analyst | 3,600 EUR | +0% |
| Financial Reporting Consultant | 3,090 EUR | -14% |
| Financial Reporting Manager | 4,260 EUR | +18% |
| Financial Section Head | 4,280 EUR | +19% |
| Financial Services Manager | 5,340 EUR | +48% |
| Financial Services Sales Agent | 2,480 EUR | -31% |
| Financial Technology Consultant | 3,550 EUR | -1% |
| Financial Wellness Coach | 4,410 EUR | +23% |
| FinTech Analyst | 3,620 EUR | +1% |
| Fixed Assets Administrator | 2,360 EUR | -34% |
| Forensic Accountant | 2,550 EUR | -29% |
| Fraud Detection Supervisor | 2,720 EUR | -24% |
| Fraud Prevention Manager | 4,210 EUR | +17% |
| Fund Accountant | 2,240 EUR | -38% |
| Grants Coordinator | 1,730 EUR | -52% |
| Green Finance Analyst | 3,280 EUR | -9% |
| Group Financial Manager | 5,830 EUR | +62% |
| Internal Auditor | 3,020 EUR | -16% |
| Internal Control Adviser | 3,410 EUR | -5% |
| Internal Control Officer | 1,920 EUR | -47% |
| International Tax Director | 5,310 EUR | +48% |
| Inventory Accountant | 2,420 EUR | -33% |
| Investment Advisor | 5,650 EUR | +57% |
| Investment Analyst | 4,090 EUR | +14% |
| Investment Associate | 3,780 EUR | +5% |
| Investment Broker | 3,750 EUR | +4% |
| Investment Fund Manager | 4,790 EUR | +33% |
| Investment Operations Manager | 4,750 EUR | +32% |
| Investment Underwriter | 1,900 EUR | -47% |
| Investor | 2,960 EUR | -18% |
| Investor Relations Manager | 4,340 EUR | +21% |
| KYC Team Leader | 4,090 EUR | +14% |
| Loan Processor | 1,930 EUR | -46% |
| Management Accountant | 2,410 EUR | -33% |
| Management Economist | 4,980 EUR | +38% |
| Paymaster | 1,900 EUR | -47% |
| Payroll Administrator | 2,810 EUR | -22% |
| Payroll Benefits Coordinator | 2,520 EUR | -30% |
| Payroll Billing Manager | 3,880 EUR | +8% |
| Payroll Clerk | 2,060 EUR | -43% |
| Payroll Manager | 3,940 EUR | +10% |
| Payroll Officer | 1,900 EUR | -47% |
| Payroll Specialist | 2,390 EUR | -34% |
| Payroll Supervisor | 2,730 EUR | -24% |
| Pensions Administrator | 2,390 EUR | -34% |
| Personal Financial Advisor | 3,400 EUR | -5% |
| Pricing Analyst | 3,600 EUR | +0% |
| Private Equity Analyst | 3,770 EUR | +5% |
| Project Accountant | 2,350 EUR | -35% |
| Proposal Development Coordinator | 2,040 EUR | -43% |
| Quantitative Trader | 3,200 EUR | -11% |
| Receivables Accountant | 2,030 EUR | -44% |
| Regulatory Accountant | 2,510 EUR | -30% |
| Retirement Plan Analyst | 3,450 EUR | -4% |
| Revenue Management Specialist | 3,460 EUR | -4% |
| Revenue Recognition Analyst | 4,030 EUR | +12% |
| Risk Management Director | 5,290 EUR | +47% |
| Risk Management Supervisor | 4,250 EUR | +18% |
| Staff Accountant | 2,260 EUR | -37% |
| Tax Accountant | 2,130 EUR | -41% |
| Tax Administrator | 2,410 EUR | -33% |
| Tax Advisor | 3,200 EUR | -11% |
| Tax Analyst | 3,420 EUR | -5% |
| Tax Associate | 1,870 EUR | -48% |
| Tax Consultant | 3,440 EUR | -4% |
| Tax Director | 4,740 EUR | +32% |
| Tax Examiner | 2,350 EUR | -35% |
| Tax Manager | 4,240 EUR | +18% |
| Tax Research Manager | 4,530 EUR | +26% |
| Teller | 1,440 EUR | -60% |
| Treasury Accountant | 2,340 EUR | -35% |
| Treasury Analyst | 3,550 EUR | -1% |
| Underwriter | 1,590 EUR | -56% |
| Underwriting Assistant | 1,610 EUR | -55% |
| Vice President of Finance | 5,780 EUR | +61% |
Salary Comparison By City
| City | Average Salary |
| Barcelona | 3,700 EUR |
| Madrid | 3,600 EUR |
| Palma de Mallorca | 3,230 EUR |
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 Spain is 5% on average across all career fields.
| Private Sector | 2,660 EUR | |
| Public Sector | +5% | 2,780 EUR |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Pricing Analyst in Madrid?
A good and competitive compensation would range anywhere between 3,380 EUR and 3,880 EUR. 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 Pricing Analyst in Madrid ranges from 1,730 EUR to 2,750 EUR. 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
