Banking Data Analyst Average Salary in Austria 2024
How much money does a person working as Banking Data Analyst make in Austria?
LOW
2,260
EUR AVERAGE
4,810
EUR HIGH
7,600
EUR
A person working as Banking Data Analyst in Austria typically earns around 4,810 EUR. Salaries range from 2,260 EUR (lowest) to 7,600 EUR (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Banking Data Analyst salaries in Austria vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Banking Data Analyst Pay Scale and Salaries in Austria
Salary Structure and Pay Scale Comparison
4,530 EUR or more
3,980 to 4,530 EUR
2,770 EUR or less
2,770 to 3,980 EUR
 2,260 EUR |
4,560 EUR |
7,600 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 Banking Data Analyst in Austria range from 2,260 EUR (starting salary) to 7,600 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 4,560 EUR, half of the professionals who work as Banking Data Analyst in Austria 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 Banking Data Analyst in Austria earn less than 3,700 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 5,240 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 Banking Data Analyst in Austria compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 2,770 EUR to 3,980 EUR. About 20% of salaries are below the 2,770 EUR mark, while 10% fall within the range of 3,980 EUR to 4,530 EUR. Only 5% of individuals have salaries exceeding 4,530 EUR.
Salary Comparison by Years of Experience / Banking Data Analyst / Austria
How do experience and age affect pay?
| 0 - 2 Years | 2,610 EUR | |
| 2 - 5 Years | +38% | 3,600 EUR |
| 5 - 10 Years | +42% | 5,120 EUR |
| 10 - 15 Years | +22% | 6,240 EUR |
| 15 - 20 Years | +6% | 6,590 EUR |
| 20+ Years | +9% | 7,180 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 Banking Data Analyst and this is what we found.
Employees with less than two years of experience earn approximately 2,610 EUR.
While someone with an experience level between two and five years is expected to earn 3,600 EUR, 38% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 5,120 EUR, 42% 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 6,240 EUR, 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 6,590 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 7,180 EUR, 9% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Banking Data Analyst / Austria
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Banking Data Analyst.
| Certificate or Diploma | 3,220 EUR | |
| Bachelor's Degree | +20% | 3,860 EUR |
| Master's Degree | +44% | 5,570 EUR |
| PhD | +29% | 7,180 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 Banking Data Analyst in order to make a comparison.
Level 1: Certificate or Diploma
Employees at this education level have an average salary of 3,220 EUR.
Level 2: Bachelor's Degree
At this level, the average salary becomes 3,860 EUR, 20% more than the previous level.
Level 3: Master's Degree
At this level, the average salary becomes 5,570 EUR, 44% more than the previous level.
Level 4: PhD
At this level, the average salary becomes 7,180 EUR, 29% 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 Austria costs anywhere from 19,000 EUR to 57,000 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 / Banking Data Analyst / Austria
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 Banking Data Analyst in Austria, the average difference between the salary of male and female employees is 5%.
| Male | 4,920 EUR | |
| Female | -4% | 4,710 EUR |
Salary Comparison By Gender in Austria for all Careers
Average Annual Salary Increment Percentage / Banking Data Analyst / Austria
How much are annual salary increments in Austria for individuals working as Banking Data Analyst? How often do employees get salary raises?
Individuals working as Banking Data Analyst in Austria are likely to observe a salary increase of approximately 9% every 27 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.
Austria / 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 / Banking Data Analyst / Austria
How much and how often are bonuses being awarded?
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84% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 16% 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 | 16% | |
| No Bonus | 84% |
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 / Banking Data Analyst / Austria
28 EUR per hourThe average hourly wage (pay per hour) for individuals working as Banking Data Analyst in Austria is 28 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 Banking Data Analyst in Austria is 13 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 |
| Banking |  -100% | |
| AML Analyst | 6,170 EUR |  +28% |
| Assistant Bank Branch Manager | 5,260 EUR | +9% |
| Assistant Bank Manager | 7,040 EUR | +46% |
| ATM Manager | 5,460 EUR | +13% |
| ATM Service Technician | 1,530 EUR | -68% |
| Bank Accounts Analyst | 2,380 EUR | -51% |
| Bank Accounts Collector | 1,400 EUR | -71% |
| Bank Accounts Controller | 2,910 EUR | -40% |
| Bank Accounts Executive | 4,380 EUR | -9% |
| Bank Accounts Manager | 5,150 EUR | +7% |
| Bank Auditing Manager | 4,990 EUR | +4% |
| Bank Branch Manager | 7,070 EUR | +47% |
| Bank Branch Operations Coordinator | 3,130 EUR | -35% |
| Bank Clerk | 1,350 EUR | -72% |
| Bank Client Service Associate | 1,820 EUR | -62% |
| Bank Collector | 1,340 EUR | -72% |
| Bank Compliance Specialist | 3,760 EUR | -22% |
| Bank Manager | 8,320 EUR | +73% |
| Bank Operational Risk Manager | 8,160 EUR | +70% |
| Bank Operations Head | 8,260 EUR | +72% |
| Bank Operations Officer | 3,410 EUR | -29% |
| Bank Operations Specialist | 5,270 EUR | +10% |
| Bank Process Manager | 4,710 EUR | -2% |
| Bank Product Manager | 5,330 EUR | +11% |
| Bank Programme Manager | 5,740 EUR | +19% |
| Bank Project Manager | 6,610 EUR | +37% |
| Bank Propositions Manager | 5,800 EUR | +21% |
| Bank Quantitative Analyst | 3,960 EUR | -18% |
| Bank Regional Manager | 8,420 EUR | +75% |
| Bank Regional Risk Officer | 4,470 EUR | -7% |
| Bank Relationship Manager | 6,260 EUR | +30% |
| Bank Relationship Officer | 2,770 EUR | -42% |
| Bank Sustainability Analyst | 4,620 EUR | -4% |
| Bank Teller | 1,430 EUR | -70% |
| Banker | 2,810 EUR | -42% |
| Banking Business Analyst | 4,350 EUR | -10% |
| Banking Business Development Officer | 2,590 EUR | -46% |
| Banking Business Planning Executive | 6,080 EUR | +26% |
| Banking Data Analyst | 4,810 EUR | -0% |
| Banking Product Manager | 5,340 EUR | +11% |
| Banking Reference Data Manager | 4,450 EUR | -8% |
| Banking Regulatory Compliance Officer | 5,010 EUR | +4% |
| Banking Risk Analyst | 4,440 EUR | -8% |
| Banking Technical Analyst | 2,370 EUR | -51% |
| Bankruptcy Coordinator | 3,170 EUR | -34% |
| Bill and Account Collector | 1,480 EUR | -69% |
| Blockchain Analyst | 3,710 EUR | -23% |
| Blockchain Architect | 4,370 EUR | -9% |
| Blockchain Auditor | 3,920 EUR | -19% |
| Blockchain Compliance Analyst | 3,720 EUR | -23% |
| Blockchain Consultant | 3,950 EUR | -18% |
| Blockchain Trade Facilitator | 3,670 EUR | -24% |
| Budget Analyst | 4,390 EUR | -9% |
| Capital Risk Manager | 8,130 EUR | +69% |
| Cards Marketing Manager | 5,610 EUR | +17% |
| Cash Management Manager | 7,350 EUR | +53% |
| Check Processing Manager | 5,510 EUR | +15% |
| Chief Blockchain Officer | 4,810 EUR | -0% |
| Commercial Vault Associate | 4,380 EUR | -9% |
| Corporate Banker | 3,030 EUR | -37% |
| Corporate Dealer | 4,590 EUR | -5% |
| Credit Analyst | 3,450 EUR | -28% |
| Credit and Collections Manager | 6,070 EUR | +26% |
| Credit Card Fraud Investigator | 4,270 EUR | -11% |
| Credit Portfolio Manager | 8,380 EUR | +74% |
| Credit Risk Analyst | 4,900 EUR | +2% |
| Credit Risk Associate | 4,740 EUR | -1% |
| Cryptocurrency Accountant | 2,810 EUR | -42% |
| Cryptocurrency Adviser | 5,520 EUR | +15% |
| Cryptocurrency Analyst | 3,800 EUR | -21% |
| Cryptocurrency Compliance Manager | 4,790 EUR | -0% |
| Cryptocurrency Trader | 4,350 EUR | -10% |
| Digital Banking Manager | 5,880 EUR | +22% |
| Digital Currency Analyst | 4,180 EUR | -13% |
| Direct Bank Sales Representative | 2,970 EUR | -38% |
| Exchange Control Consultant | 4,340 EUR | -10% |
| Executive Account Analyst | 4,260 EUR | -11% |
| Financial Bank Planning Consultant | 5,680 EUR | +18% |
| Financial Banking Analysis Manager | 6,340 EUR | +32% |
| Financial Banking Assistant | 2,080 EUR | -57% |
| Financial Banking Systems Manager | 6,030 EUR | +25% |
| Foreign Exchange Manager | 6,540 EUR | +36% |
| Fraud Analyst | 4,380 EUR | -9% |
| Fraud Detection Associate | 2,980 EUR | -38% |
| Fraud Detection Manager | 6,390 EUR | +33% |
| Fraud Detection Supervisor | 3,650 EUR | -24% |
| Internal Bank Audit Manager | 7,820 EUR | +63% |
| Internal Bank Auditor | 4,220 EUR | -12% |
| Internal Private Banker | 3,000 EUR | -38% |
| International Banking Manager | 9,030 EUR | +88% |
| Investment Banking Analyst | 6,050 EUR | +26% |
| Loan Analyst | 4,080 EUR | -15% |
| Loan Area Manager | 5,450 EUR | +13% |
| Loan Audit Team Leader | 5,110 EUR | +6% |
| Loan Branch Manager | 4,640 EUR | -4% |
| Loan Business Development Officer | 2,540 EUR | -47% |
| Loan Clerk | 1,510 EUR | -69% |
| Loan Collection and Recovery Manager | 5,240 EUR | +9% |
| Loan Collection Manager | 5,170 EUR | +7% |
| Loan Collector | 1,450 EUR | -70% |
| Loan Examiner | 1,960 EUR | -59% |
| Loan Officer | 1,570 EUR | -67% |
| Loan Processing Manager | 4,430 EUR | -8% |
| Loan Processor | 1,880 EUR | -61% |
| Loan Quality Assurance Auditor | 4,290 EUR | -11% |
| Loan Quality Assurance Manager | 4,830 EUR | +0% |
| Loan Quality Assurance Representative | 3,270 EUR | -32% |
| Loan Review Manager | 5,000 EUR | +4% |
| Loan Team Leader | 4,530 EUR | -6% |
| Loans Manager | 5,970 EUR | +24% |
| Mortgage Advisor | 2,860 EUR | -41% |
| Mortgage Collection Manager | 4,890 EUR | +2% |
| Mortgage Collector | 1,380 EUR | -71% |
| Mortgage Credit Analyst | 2,280 EUR | -53% |
| Mortgage Credit Manager | 4,860 EUR | +1% |
| Mortgage Development Manager | 5,650 EUR | +17% |
| Mortgage Document Reviewer | 1,950 EUR | -59% |
| Mortgage Funding Manager | 5,310 EUR | +10% |
| Mortgage Operations Manager | 7,620 EUR | +58% |
| Mortgage Payment Processing Clerk | 1,700 EUR | -65% |
| Mortgage Processing Manager | 4,760 EUR | -1% |
| Mortgage Processor | 1,900 EUR | -61% |
| Mortgage Quality Assurance Auditor | 4,040 EUR | -16% |
| Mortgage Quality Assurance Manager | 4,700 EUR | -2% |
| Mortgage Servicing Clerk | 1,490 EUR | -69% |
| Mortgage Servicing Manager | 4,790 EUR | -0% |
| Mortgage Underwriter | 1,780 EUR | -63% |
| Online Banking Manager | 7,780 EUR | +62% |
| Open Banking Strategist | 4,390 EUR | -9% |
| Payment Processing Clerk | 1,460 EUR | -70% |
| Personal Banker | 3,090 EUR | -36% |
| Personal Banking Advisor | 3,080 EUR | -36% |
| Phone Banker | 2,060 EUR | -57% |
| Private Banker | 3,010 EUR | -37% |
| Reconciliation and Investigation Specialist | 3,450 EUR | -28% |
| Tax Officer | 2,680 EUR | -44% |
| Teller | 1,480 EUR | -69% |
| Trade Officer | 1,820 EUR | -62% |
| Trade Product Manager | 4,800 EUR | -0% |
| Trader | 2,040 EUR | -58% |
| Treasury Operations Officer | 3,660 EUR | -24% |
| Wealth Management Advisor | 6,420 EUR | +33% |
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 Austria is 7% on average across all career fields.
| Private Sector | 3,650 EUR | |
| Public Sector | +7% | 3,920 EUR |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Banking Data Analyst in Austria?
A good and competitive compensation would range anywhere between 4,560 EUR and 5,240 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 Banking Data Analyst in Austria ranges from 2,260 EUR to 3,700 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
