A person working as Inventory Accountant in Austria typically earns around 2,730 EUR. Salaries range from 1,450 EUR (lowest) to 4,150 EUR (highest).
This is the average salary including housing, transport, and other benefits. Inventory Accountant salaries in Austria vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Minimum Salary 1,450 EUR |
Median 2,460 EUR |
Maximum 4,150 EUR |
Salaries for the position Inventory Accountant in Austria range from 1,450 EUR (starting salary) to 4,150 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.
With a median salary of 2,460 EUR, half of the professionals who work as Inventory Accountant 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.
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 Inventory Accountant in Austria earn less than 2,050 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 2,780 EUR while 25% earn more.
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 Inventory Accountant in Austria compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 1,610 EUR to 2,190 EUR. About 20% of salaries are below the 1,610 EUR mark, while 10% fall within the range of 2,190 EUR to 2,450 EUR. Only 5% of individuals have salaries exceeding 2,450 EUR.
0 - 2 Years | 1,660 EUR | |
2 - 5 Years | +23% | 2,040 EUR |
5 - 10 Years | +42% | 2,890 EUR |
10 - 15 Years | +17% | 3,380 EUR |
15 - 20 Years | +10% | 3,710 EUR |
20+ Years | +6% | 3,930 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 Inventory Accountant and this is what we found.
Employees with less than two years of experience earn approximately 1,660 EUR.
While someone with an experience level between two and five years is expected to earn 2,040 EUR, 23% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 2,890 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 3,380 EUR, 17% 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 3,710 EUR, 10% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 3,930 EUR, 6% more than people with fifteen to twenty years of experience.
High School | 2,010 EUR | |
Certificate or Diploma | +13% | 2,280 EUR |
Bachelor's Degree | +31% | 2,990 EUR |
Master's Degree | +32% | 3,930 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 Inventory Accountant in order to make a comparison.
Employees at this education level have an average salary of 2,010 EUR.
At this level, the average salary becomes 2,280 EUR, 13% more than the previous level.
At this level, the average salary becomes 2,990 EUR, 31% more than the previous level.
At this level, the average salary becomes 3,930 EUR, 32% more than the previous level.
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.
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 Inventory Accountant in Austria, the average difference between the salary of male and female employees is 5%.
Male | 2,790 EUR | |
Female | -4% | 2,670 EUR |
Individuals working as Inventory Accountant in Austria are likely to observe a salary increase of approximately 8% every 27 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.
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.
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
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.
66% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 34% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 3% to 5% of their annual salary.
Received Bonus | 34% | |
No Bonus | 66% |
The 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.
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.
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.
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.
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.
The minimum pay rate per hour for people working as Inventory Accountant in Austria is 8 EUR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Job Title | Average Salary |
Accounting and Finance | -100% | |
Account Examiner | 2,040 EUR | -25% |
Account Executive | 3,470 EUR | +27% |
Accountant | 2,750 EUR | +1% |
Accounting Analyst | 3,550 EUR | +30% |
Accounting Assistant | 2,180 EUR | -20% |
Accounting Associate | 2,020 EUR | -26% |
Accounting Clerk | 1,670 EUR | -39% |
Accounting Coordinator | 2,450 EUR | -10% |
Accounting Head | 5,490 EUR | +100% |
Accounting Manager | 5,640 EUR | +110% |
Accounting Officer | 1,970 EUR | -28% |
Accounting Specialist | 3,650 EUR | +34% |
Accounting Supervisor | 3,960 EUR | +45% |
Accounting Technician | 1,920 EUR | -30% |
Accounting Unit Controller | 4,440 EUR | +63% |
Accounts Executive | 3,450 EUR | +26% |
Accounts Officer | 2,140 EUR | -22% |
Accounts Payable and Receivable Specialist | 2,890 EUR | +6% |
Accounts Payable Assistant | 2,240 EUR | -18% |
Accounts Payable Associate | 2,590 EUR | -5% |
Accounts Payable Clerk | 2,000 EUR | -27% |
Accounts Payable Manager | 5,390 EUR | +98% |
Accounts Receivable Administrator | 3,860 EUR | +41% |
Accounts Receivable Clerk | 2,060 EUR | -24% |
Accounts Receivable Financial Analyst | 3,830 EUR | +40% |
Accounts Receivable Manager | 5,460 EUR | +100% |
Accounts Receivable Team Leader | 4,060 EUR | +49% |
Algorithmic Trading Specialist | 5,000 EUR | +83% |
Assistant Accountant | 2,090 EUR | -23% |
Assistant Accounting Manager | 5,340 EUR | +96% |
Assistant Auditor | 2,640 EUR | -3% |
Assistant Corporate Controller | 3,800 EUR | +39% |
Assistant Finance Manager | 5,570 EUR | +100% |
Assistant Financial Controller | 3,750 EUR | +37% |
Audit Director | 6,160 EUR | +130% |
Audit Supervisor | 4,980 EUR | +83% |
Auditing Clerk | 2,140 EUR | -22% |
Auditing Manager | 5,990 EUR | +120% |
Billing Clerk | 2,010 EUR | -26% |
Billing Coordinator | 2,440 EUR | -11% |
Billing Specialist | 2,830 EUR | +4% |
Billing Supervisor | 4,160 EUR | +52% |
Bookkeeper | 1,820 EUR | -33% |
Bookkeeping Specialist | 2,620 EUR | -4% |
Budget Analyst | 4,810 EUR | +76% |
Budget Manager | 5,840 EUR | +110% |
Business Support Analyst | 2,980 EUR | +9% |
Capital Markets Associate | 4,230 EUR | +55% |
Cash Flow Analyst | 4,330 EUR | +59% |
Cash Management Manager | 5,210 EUR | +91% |
Cash Management Officer | 3,070 EUR | +13% |
Cashbook Clerk | 1,790 EUR | -34% |
Chartered Accountant | 3,460 EUR | +27% |
Chief Accountant | 4,280 EUR | +57% |
Chief Financial Technology Officer | 5,790 EUR | +110% |
Collections Clerk | 1,760 EUR | -35% |
Collections Representative | 2,370 EUR | -13% |
Collections Specialist | 2,680 EUR | -2% |
Corporate Controller | 4,560 EUR | +67% |
Corporate Treasurer | 5,030 EUR | +84% |
Cost Accountant | 2,810 EUR | +3% |
Cost Accounting Manager | 5,300 EUR | +94% |
Cost Accounting Supervisor | 4,530 EUR | +66% |
Cost Analyst | 4,320 EUR | +58% |
Credit and Collection Manager | 5,660 EUR | +110% |
Credit and Collection Staff | 2,120 EUR | -22% |
Credit and Loans Officer | 1,980 EUR | -27% |
Credit Controller | 3,920 EUR | +44% |
Credit Manager | 5,800 EUR | +110% |
Debt Adviser | 4,720 EUR | +73% |
Debt Collector | 2,330 EUR | -15% |
Debtors Clerk | 1,860 EUR | -32% |
Debtors Controller | 1,970 EUR | -28% |
Deputy CFO | 7,230 EUR | +170% |
Deputy Head of Finance | 7,440 EUR | +170% |
Derivative Trader | 4,940 EUR | +81% |
Director of Finance | 8,060 EUR | +200% |
E-commerce Accountant | 2,830 EUR | +4% |
Economist | 6,460 EUR | +140% |
Equity Analyst | 4,760 EUR | +74% |
Escrow Assistant | 2,520 EUR | -8% |
Executive Accountant | 3,030 EUR | +11% |
External Auditor | 3,710 EUR | +36% |
Finance Administrator | 3,330 EUR | +22% |
Finance Analyst | 4,770 EUR | +75% |
Finance Associate | 2,510 EUR | -8% |
Finance Data Analyst | 4,470 EUR | +64% |
Finance Director | 7,820 EUR | +190% |
Finance Executive | 5,610 EUR | +110% |
Finance Licensing Clerk | 2,060 EUR | -24% |
Finance Licensing Manager | 5,010 EUR | +84% |
Finance Licensing Specialist | 2,880 EUR | +6% |
Finance Manager | 7,530 EUR | +180% |
Finance Officer | 2,510 EUR | -8% |
Finance President | 7,900 EUR | +190% |
Finance Relationship Manager | 6,270 EUR | +130% |
Finance Release Analyst | 3,160 EUR | +16% |
Finance Specialist | 4,520 EUR | +66% |
Finance Team Leader | 6,130 EUR | +120% |
Financial Accountant | 2,640 EUR | -3% |
Financial Actuary | 4,400 EUR | +61% |
Financial Administrator | 4,760 EUR | +74% |
Financial Advisor | 5,020 EUR | +84% |
Financial Analyst | 5,130 EUR | +88% |
Financial Applications Specialist | 3,370 EUR | +24% |
Financial Assistant | 2,200 EUR | -19% |
Financial Associate | 2,240 EUR | -18% |
Financial Claims Analyst | 3,710 EUR | +36% |
Financial Claims Manager | 4,980 EUR | +83% |
Financial Claims Supervisor | 4,690 EUR | +72% |
Financial Clerk | 2,120 EUR | -22% |
Financial Commercial Analyst | 4,060 EUR | +49% |
Financial Compliance Analyst | 4,400 EUR | +61% |
Financial Compliance Officer | 4,440 EUR | +63% |
Financial Consultant | 3,630 EUR | +33% |
Financial Controller | 4,540 EUR | +66% |
Financial Coordinator | 2,440 EUR | -11% |
Financial Customer Service Manager | 5,160 EUR | +89% |
Financial Data Scientist | 5,290 EUR | +94% |
Financial Dealer and Broker | 3,040 EUR | +11% |
Financial Director | 8,370 EUR | +210% |
Financial Encoder | 2,250 EUR | -18% |
Financial Manager | 7,330 EUR | +170% |
Financial Modelling Analyst | 5,180 EUR | +90% |
Financial Operations Manager | 7,030 EUR | +160% |
Financial Policy Analyst | 4,420 EUR | +62% |
Financial Project Manager | 5,500 EUR | +100% |
Financial Quantitative Analyst | 4,840 EUR | +77% |
Financial Reporting Consultant | 4,140 EUR | +52% |
Financial Reporting Manager | 5,450 EUR | +100% |
Financial Section Head | 5,500 EUR | +100% |
Financial Services Manager | 6,750 EUR | +150% |
Financial Services Sales Agent | 2,890 EUR | +6% |
Financial Technology Consultant | 4,160 EUR | +52% |
Financial Wellness Coach | 5,510 EUR | +100% |
FinTech Analyst | 4,690 EUR | +72% |
Fixed Assets Administrator | 2,870 EUR | +5% |
Forensic Accountant | 3,160 EUR | +16% |
Fraud Detection Supervisor | 3,530 EUR | +29% |
Fraud Prevention Manager | 5,360 EUR | +96% |
Fund Accountant | 2,550 EUR | -7% |
Grants Coordinator | 2,080 EUR | -24% |
Green Finance Analyst | 4,200 EUR | +54% |
Group Financial Manager | 7,990 EUR | +190% |
Internal Auditor | 3,590 EUR | +32% |
Internal Control Adviser | 4,500 EUR | +65% |
Internal Control Officer | 2,290 EUR | -16% |
International Tax Director | 6,730 EUR | +150% |
Inventory Accountant | 2,730 EUR | +0% |
Investment Advisor | 7,240 EUR | +170% |
Investment Analyst | 5,420 EUR | +99% |
Investment Associate | 4,830 EUR | +77% |
Investment Broker | 4,670 EUR | +71% |
Investment Fund Manager | 5,890 EUR | +120% |
Investment Operations Manager | 6,290 EUR | +130% |
Investment Underwriter | 2,280 EUR | -16% |
Investor | 3,700 EUR | +36% |
Investor Relations Manager | 5,280 EUR | +94% |
KYC Team Leader | 5,510 EUR | +100% |
Loan Processor | 2,210 EUR | -19% |
Management Accountant | 3,140 EUR | +15% |
Management Economist | 6,110 EUR | +120% |
Paymaster | 2,270 EUR | -17% |
Payroll Administrator | 3,550 EUR | +30% |
Payroll Benefits Coordinator | 2,930 EUR | +7% |
Payroll Billing Manager | 4,920 EUR | +80% |
Payroll Clerk | 2,380 EUR | -13% |
Payroll Manager | 5,070 EUR | +86% |
Payroll Officer | 2,380 EUR | -13% |
Payroll Specialist | 2,880 EUR | +6% |
Payroll Supervisor | 3,590 EUR | +32% |
Pensions Administrator | 2,780 EUR | +2% |
Personal Financial Advisor | 4,090 EUR | +50% |
Pricing Analyst | 4,600 EUR | +69% |
Private Equity Analyst | 4,650 EUR | +70% |
Project Accountant | 3,030 EUR | +11% |
Proposal Development Coordinator | 2,330 EUR | -15% |
Quantitative Trader | 3,970 EUR | +46% |
Receivables Accountant | 2,640 EUR | -3% |
Regulatory Accountant | 3,110 EUR | +14% |
Retirement Plan Analyst | 4,560 EUR | +67% |
Revenue Management Specialist | 4,350 EUR | +59% |
Revenue Recognition Analyst | 5,150 EUR | +89% |
Risk Management Director | 6,460 EUR | +140% |
Risk Management Supervisor | 5,390 EUR | +98% |
Staff Accountant | 2,750 EUR | +1% |
Tax Accountant | 2,570 EUR | -6% |
Tax Administrator | 2,900 EUR | +6% |
Tax Advisor | 4,150 EUR | +52% |
Tax Analyst | 4,210 EUR | +54% |
Tax Associate | 2,340 EUR | -14% |
Tax Consultant | 4,450 EUR | +63% |
Tax Director | 6,550 EUR | +140% |
Tax Examiner | 2,910 EUR | +7% |
Tax Manager | 5,650 EUR | +110% |
Tax Research Manager | 5,730 EUR | +110% |
Teller | 1,690 EUR | -38% |
Treasury Accountant | 2,880 EUR | +6% |
Treasury Analyst | 4,650 EUR | +70% |
Underwriter | 1,870 EUR | -31% |
Underwriting Assistant | 1,780 EUR | -35% |
Vice President of Finance | 7,840 EUR | +190% |
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 |
A good and competitive compensation would range anywhere between 2,460 EUR and 2,780 EUR. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
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.
The base salary for a careers like Inventory Accountant in Austria ranges from 1,450 EUR to 2,050 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.
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