Risk Officer Average Salary in Austria 2024
How much money does a person working as Risk Officer make in Austria?
LOW
1,940
EUR AVERAGE
4,220
EUR HIGH
6,710
EUR
A person working as Risk Officer in Austria typically earns around 4,220 EUR. Salaries range from 1,940 EUR (lowest) to 6,710 EUR (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Risk Officer salaries in Austria vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Risk Officer Pay Scale and Salaries in Austria
Salary Structure and Pay Scale Comparison
4,000 EUR or more
3,510 to 4,000 EUR
2,420 EUR or less
2,420 to 3,510 EUR
 1,940 EUR |
4,030 EUR |
6,710 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 Risk Officer in Austria range from 1,940 EUR (starting salary) to 6,710 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 4,030 EUR, half of the professionals who work as Risk Officer 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 Risk Officer in Austria earn less than 3,250 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 4,650 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 Risk Officer in Austria compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 2,420 EUR to 3,510 EUR. About 20% of salaries are below the 2,420 EUR mark, while 10% fall within the range of 3,510 EUR to 4,000 EUR. Only 5% of individuals have salaries exceeding 4,000 EUR.
Salary Comparison by Years of Experience / Risk Officer / Austria
How do experience and age affect pay?
| 0 - 2 Years | 2,200 EUR | |
| 2 - 5 Years | +34% | 2,940 EUR |
| 5 - 10 Years | +48% | 4,350 EUR |
| 10 - 15 Years | +22% | 5,300 EUR |
| 15 - 20 Years | +9% | 5,780 EUR |
| 20+ Years | +8% | 6,260 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 Risk Officer and this is what we found.
Employees with less than two years of experience earn approximately 2,200 EUR.
While someone with an experience level between two and five years is expected to earn 2,940 EUR, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 4,350 EUR, 48% 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 5,300 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 5,780 EUR, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 6,260 EUR, 8% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Risk Officer / Austria
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Risk Officer.
| High School | 2,710 EUR | |
| Certificate or Diploma | +18% | 3,180 EUR |
| Bachelor's Degree | +45% | 4,610 EUR |
| Master's Degree | +31% | 6,040 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 Risk Officer in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 2,710 EUR.
Level 2: Certificate or Diploma
At this level, the average salary becomes 3,180 EUR, 18% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 4,610 EUR, 45% more than the previous level.
Level 4: Master's Degree
At this level, the average salary becomes 6,040 EUR, 31% 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 / Risk Officer / 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 Risk Officer in Austria, the average difference between the salary of male and female employees is 5%.
| Male | 4,320 EUR | |
| Female | -5% | 4,120 EUR |
Salary Comparison By Gender in Austria for all Careers
Average Annual Salary Increment Percentage / Risk Officer / Austria
How much are annual salary increments in Austria for individuals working as Risk Officer? How often do employees get salary raises?
Individuals working as Risk Officer 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 / Risk Officer / 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 / Risk Officer / Austria
24 EUR per hourThe average hourly wage (pay per hour) for individuals working as Risk Officer in Austria is 24 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 Risk Officer in Austria is 11 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 |
| Executive and Management |  -100% | |
| Account Coordinator | 3,640 EUR | -14% |
| Account Director | 4,320 EUR |  +2% |
| Account Executive | 4,430 EUR | +5% |
| Account Manager | 4,350 EUR | +3% |
| Administration Manager | 4,260 EUR | +1% |
| Administration Officer | 2,310 EUR | -45% |
| Administration Supervisor | 3,650 EUR | -14% |
| Administrative Clerk | 1,700 EUR | -60% |
| Administrative Officer | 1,780 EUR | -58% |
| Area Director | 4,120 EUR | -2% |
| Area Manager | 3,930 EUR | -7% |
| Asset Protection Associate | 4,970 EUR | +18% |
| Assistant Director | 4,570 EUR | +8% |
| Assistant General Manager | 4,780 EUR | +13% |
| Assistant Manager | 4,590 EUR | +9% |
| Assistant Managing Director | 5,260 EUR | +25% |
| Assistant Operations Manager | 5,290 EUR | +25% |
| Assistant Project Manager | 4,750 EUR | +13% |
| Assistant Section Head | 3,670 EUR | -13% |
| Assistant to CEO | 4,440 EUR | +5% |
| Assistant Vice President | 4,760 EUR | +13% |
| Associate Account Director | 4,400 EUR | +4% |
| Associate Director | 4,450 EUR | +5% |
| Bid Manager | 5,290 EUR | +25% |
| Branch Manager | 4,830 EUR | +14% |
| Business Development Manager | 5,700 EUR | +35% |
| Business Operations Associate | 4,670 EUR | +11% |
| Business Operations Lead | 4,890 EUR | +16% |
| Campaign Manager | 4,930 EUR | +17% |
| Catering Coordinator | 2,840 EUR | -33% |
| Catering Manager | 4,600 EUR | +9% |
| CEO | 8,600 EUR | +100% |
| Chairman of The Board | 8,460 EUR | +100% |
| Chairman Office Manager | 5,640 EUR | +34% |
| Chief Commercial Officer | 6,360 EUR | +51% |
| Chief Corporate Officer | 7,290 EUR | +73% |
| Chief Digital Officer | 6,390 EUR | +51% |
| Chief Digital Strategy Officer | 5,970 EUR | +41% |
| Chief Digital Transformation Officer | 5,660 EUR | +34% |
| Chief Ethics Officer | 5,300 EUR | +26% |
| Chief Executive Officer | 8,560 EUR | +100% |
| Chief Financial Officer | 8,340 EUR | +98% |
| Chief Investment Officer | 6,440 EUR | +53% |
| Chief of Staff | 4,160 EUR | -1% |
| Chief Operating Officer | 6,510 EUR | +54% |
| Chief Privacy Officer | 5,330 EUR | +26% |
| Chief Resilience Officer | 6,470 EUR | +53% |
| Chief Risk Officer | 5,660 EUR | +34% |
| Chief Strategy Officer | 7,540 EUR | +79% |
| Chief Trust and Safety Officer | 5,360 EUR | +27% |
| Client Account Manager | 5,340 EUR | +27% |
| Client Accounts Officer | 4,560 EUR | +8% |
| Client Services Manager | 5,610 EUR | +33% |
| Commercial Director | 6,160 EUR | +46% |
| Commercial Manager | 5,140 EUR | +22% |
| Commercial Project Manager | 4,750 EUR | +13% |
| Commodity Broker | 3,530 EUR | -16% |
| COO | 6,540 EUR | +55% |
| Corporate Affairs Executive | 5,400 EUR | +28% |
| Corporate Compliance Director | 5,720 EUR | +36% |
| Corporate Director | 6,100 EUR | +45% |
| Corporate Officer | 4,170 EUR | -1% |
| Corporate Partnerships Officer | 4,030 EUR | -5% |
| Country Manager | 6,770 EUR | +60% |
| Department Head | 5,220 EUR | +24% |
| Department Manager | 5,300 EUR | +26% |
| Department Supervisor | 4,640 EUR | +10% |
| Deputy Director | 6,390 EUR | +51% |
| Deputy Manager | 6,240 EUR | +48% |
| Director | 6,820 EUR | +62% |
| Director of Accreditation | 6,070 EUR | +44% |
| Director of Catering Services | 5,010 EUR | +19% |
| Director of Client Services | 5,370 EUR | +27% |
| Director of Facilities Management | 4,650 EUR | +10% |
| Director of Operations | 6,070 EUR | +44% |
| Director of Process Simplification | 4,420 EUR | +5% |
| Director of Product Management | 6,000 EUR | +42% |
| Director of Project Management | 6,300 EUR | +49% |
| Director of Revenue Management | 5,390 EUR | +28% |
| Director of Training and Development | 5,610 EUR | +33% |
| Distribution Manager | 6,090 EUR | +44% |
| Division Manager | 5,350 EUR | +27% |
| Duty Manager | 5,230 EUR | +24% |
| Engagement Manager | 6,290 EUR | +49% |
| Executive Director | 8,880 EUR | +110% |
| Executive Manager | 7,310 EUR | +73% |
| Franchise Manager | 7,080 EUR | +68% |
| General Manager | 7,120 EUR | +69% |
| Generational Consultant | 4,580 EUR | +9% |
| Global Master Data Manager | 6,100 EUR | +45% |
| Global Technical Lead | 4,220 EUR | -0% |
| Head of Investment | 6,120 EUR | +45% |
| Head of Middle Office | 5,450 EUR | +29% |
| Head of Projects | 6,050 EUR | +43% |
| Head of Strategy | 6,330 EUR | +50% |
| Head of Supply Chain | 5,230 EUR | +24% |
| Head of Sustainability | 4,870 EUR | +15% |
| Housing Manager | 4,740 EUR | +12% |
| HSE Manager | 4,660 EUR | +10% |
| Innovation Manager | 4,900 EUR | +16% |
| Key Account Manager | 4,670 EUR | +11% |
| Knowledge Manager | 5,720 EUR | +36% |
| Location Manager | 5,370 EUR | +27% |
| Logistics Executive | 4,710 EUR | +12% |
| Logistics Manager | 4,600 EUR | +9% |
| Management Consultant | 4,440 EUR | +5% |
| Management Executive | 6,060 EUR | +44% |
| Manager | 5,710 EUR | +35% |
| Managing Director | 6,820 EUR | +62% |
| MIS Executive | 5,660 EUR | +34% |
| Ocean Services Manager | 5,880 EUR | +39% |
| Online Business Manager | 8,120 EUR | +92% |
| Operational Manager | 6,080 EUR | +44% |
| Operations Analyst | 5,210 EUR | +23% |
| Operations Assistant | 4,430 EUR | +5% |
| Operations Director | 6,280 EUR | +49% |
| Operations Executive | 6,080 EUR | +44% |
| Operations Manager | 6,460 EUR | +53% |
| Operations Supervisor | 5,310 EUR | +26% |
| Planning Director | 6,100 EUR | +45% |
| PMO Manager | 5,520 EUR | +31% |
| Policy Administration Executive | 5,170 EUR | +22% |
| Private Sector Executive | 5,340 EUR | +27% |
| Product Development Manager | 5,610 EUR | +33% |
| Product Executive | 5,340 EUR | +27% |
| Production Executive | 5,900 EUR | +40% |
| Production Manager | 6,180 EUR | +46% |
| Production Supervisor | 4,830 EUR | +14% |
| Program Director | 6,150 EUR | +46% |
| Program Manager | 5,950 EUR | +41% |
| Programme Coordinator | 4,170 EUR | -1% |
| Project Control Manager | 5,970 EUR | +41% |
| Project Coordinator | 3,620 EUR | -14% |
| Project Management Officer | 4,130 EUR | -2% |
| Project Manager | 4,450 EUR | +5% |
| Project Portfolio Manager | 4,730 EUR | +12% |
| Quality Manager | 4,860 EUR | +15% |
| R/D Director | 5,280 EUR | +25% |
| Regional Director | 8,380 EUR | +99% |
| Regional Manager | 5,910 EUR | +40% |
| Relationship Manager | 5,540 EUR | +31% |
| Retail District Manager | 4,130 EUR | -2% |
| Revenue Manager | 4,480 EUR | +6% |
| Risk and Capital Manager | 6,880 EUR | +63% |
| Risk Officer | 4,220 EUR | -0% |
| Safety Manager | 4,540 EUR | +8% |
| Section Head | 4,700 EUR | +11% |
| Service Manager | 4,560 EUR | +8% |
| Shift Supervisor | 3,530 EUR | -16% |
| Solutions Manager | 4,220 EUR | -0% |
| Supervisor | 3,500 EUR | -17% |
| Supply Chain Manager | 5,950 EUR | +41% |
| Surveyor | 4,250 EUR | +1% |
| Technical Director | 5,750 EUR | +36% |
| Technical Manager | 5,650 EUR | +34% |
| Territory Manager | 5,800 EUR | +37% |
| Validation Manager | 4,740 EUR | +12% |
| Vice President | 6,950 EUR | +65% |
| Zone Manager | 6,080 EUR | +44% |
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 Risk Officer in Austria?
A good and competitive compensation would range anywhere between 4,030 EUR and 4,650 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 Risk Officer in Austria ranges from 1,940 EUR to 3,250 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
