Information Technology Risk Manager Average Salary in Frankfurt 2024
How much money does a person working as Information Technology Risk Manager make in Frankfurt?
LOW
2,680
EUR AVERAGE
5,820
EUR HIGH
9,260
EUR
A person working as Information Technology Risk Manager in Frankfurt typically earns around 5,820 EUR. Salaries range from 2,680 EUR (lowest) to 9,260 EUR (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Information Technology Risk Manager salaries in Frankfurt vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Information Technology Risk Manager Pay Scale and Salaries in Frankfurt
Salary Structure and Pay Scale Comparison
5,520 EUR or more
4,840 to 5,520 EUR
3,330 EUR or less
3,330 to 4,840 EUR
 2,680 EUR |
5,570 EUR |
9,260 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 Information Technology Risk Manager in Frankfurt range from 2,680 EUR (starting salary) to 9,260 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 5,570 EUR, half of the professionals who work as Information Technology Risk Manager in Frankfurt 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 Information Technology Risk Manager in Frankfurt earn less than 4,490 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 6,410 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 Information Technology Risk Manager in Frankfurt compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 3,330 EUR to 4,840 EUR. About 20% of salaries are below the 3,330 EUR mark, while 10% fall within the range of 4,840 EUR to 5,520 EUR. Only 5% of individuals have salaries exceeding 5,520 EUR.
Salary Comparison by Years of Experience / Information Technology Risk Manager / Frankfurt
How do experience and age affect pay?
| 0 - 2 Years | 3,040 EUR | |
| 2 - 5 Years | +34% | 4,060 EUR |
| 5 - 10 Years | +48% | 6,000 EUR |
| 10 - 15 Years | +22% | 7,320 EUR |
| 15 - 20 Years | +9% | 7,980 EUR |
| 20+ Years | +8% | 8,630 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 Information Technology Risk Manager and this is what we found.
Employees with less than two years of experience earn approximately 3,040 EUR.
While someone with an experience level between two and five years is expected to earn 4,060 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 6,000 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 7,320 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 7,980 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 8,630 EUR, 8% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Information Technology Risk Manager / Frankfurt
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Information Technology Risk Manager.
| High School | 2,750 EUR | |
| Certificate or Diploma | +24% | 3,400 EUR |
| Bachelor's Degree | +39% | 4,720 EUR |
| Master's Degree | +63% | 7,680 EUR |
| PhD | +20% | 9,190 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 Information Technology Risk Manager in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 2,750 EUR.
Level 2: Certificate or Diploma
At this level, the average salary becomes 3,400 EUR, 24% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 4,720 EUR, 39% more than the previous level.
Level 4: Master's Degree
At this level, the average salary becomes 7,680 EUR, 63% more than the previous level.
Level 5: PhD
At this level, the average salary becomes 9,190 EUR, 20% 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 Germany costs anywhere from 19,100 EUR to 57,400 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 / Information Technology Risk Manager / Frankfurt
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 Information Technology Risk Manager in Germany, the average difference between the salary of male and female employees is 6%.
| Male | 5,580 EUR | |
| Female | -6% | 5,270 EUR |
Salary Comparison By Gender in Germany for all Careers
Average Annual Salary Increment Percentage / Information Technology Risk Manager / Frankfurt
How much are annual salary increments in Frankfurt for individuals working as Information Technology Risk Manager? How often do employees get salary raises?
Individuals working as Information Technology Risk Manager in Germany 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 16 months.
Germany / 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 / Information Technology Risk Manager / Germany
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 / Information Technology Risk Manager / Frankfurt
34 EUR per hourThe average hourly wage (pay per hour) for individuals working as Information Technology Risk Manager in Frankfurt is 34 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 Information Technology Risk Manager in Frankfurt is 15 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 |
| Information Technology |  -100% | |
| Assistant Information Technology Manager | 4,720 EUR | -19% |
| Assistant Information Technology Project Manager | 4,450 EUR | -24% |
| Assistant Service Delivery Manager | 4,600 EUR | -21% |
| Capacity Planning Manager | 4,870 EUR | -16% |
| Chief Artificial Intelligence Officer | 5,950 EUR |  +2% |
| Chief Cloud Officer | 5,790 EUR | -1% |
| Chief Data Governance Officer | 5,570 EUR | -4% |
| Chief Data Officer | 5,560 EUR | -5% |
| Chief Digital Ethics Officer | 5,170 EUR | -11% |
| Chief Digital Officer | 5,690 EUR | -2% |
| Chief Information Officer | 6,270 EUR | +8% |
| Chief Innovation Officer | 5,130 EUR | -12% |
| Chief Privacy Officer | 4,390 EUR | -25% |
| Client Delivery Manager | 4,750 EUR | -18% |
| Cloud-Based Inventory Manager | 4,240 EUR | -27% |
| Data Governance Manager | 5,340 EUR | -8% |
| Data Privacy and Protection Manager | 4,830 EUR | -17% |
| Delivery Manager | 3,960 EUR | -32% |
| Development Architect | 3,670 EUR | -37% |
| Development Group Supervisor | 4,020 EUR | -31% |
| Development Manager | 5,430 EUR | -7% |
| Director of Technology | 6,500 EUR | +12% |
| Enterprise Architecture Manager | 4,850 EUR | -17% |
| Enterprise Infrastructure Manager | 5,840 EUR | +0% |
| ERP Project Manager | 5,030 EUR | -14% |
| Financial Systems Manager | 5,370 EUR | -8% |
| Hardware Engineering Manager | 5,240 EUR | -10% |
| Head of Development | 5,430 EUR | -7% |
| Head of Information Technology | 6,320 EUR | +9% |
| Helpdesk Manager | 4,160 EUR | -29% |
| Information Systems Manager | 5,790 EUR | -1% |
| Information Technology Asset Manager | 5,080 EUR | -13% |
| Information Technology Compliance Manager | 5,590 EUR | -4% |
| Information Technology Director | 6,430 EUR | +10% |
| Information Technology Executive | 5,450 EUR | -6% |
| Information Technology Manager | 6,550 EUR | +12% |
| Information Technology Operations Manager | 6,260 EUR | +8% |
| Information Technology Product Manager | 5,710 EUR | -2% |
| Information Technology Project Coordinator | 3,900 EUR | -33% |
| Information Technology Project Leader | 4,430 EUR | -24% |
| Information Technology Project Manager | 5,590 EUR | -4% |
| Information Technology Quality Assurance Manager | 4,660 EUR | -20% |
| Information Technology Quality Assurance Team Lead (QA) | 4,150 EUR | -29% |
| Information Technology Risk Manager | 5,820 EUR | -0% |
| Information Technology Sales Manager | 5,200 EUR | -11% |
| Information Technology Team Leader | 4,390 EUR | -25% |
| Interface Design Manager | 4,890 EUR | -16% |
| Major Incident Manager | 4,360 EUR | -25% |
| Multimedia Services Manager | 4,300 EUR | -26% |
| Network Administration Team Lead | 4,520 EUR | -22% |
| Network and Infrastructure Manager | 5,870 EUR | +1% |
| Service Delivery Manager | 4,790 EUR | -18% |
| Service Level Manager | 4,750 EUR | -18% |
| Service Support Lead | 3,650 EUR | -37% |
| SOC Engineer | 3,570 EUR | -39% |
| Supervisor | 2,530 EUR | -57% |
| Support Team Leader | 3,650 EUR | -37% |
| Technical Manager | 4,140 EUR | -29% |
| Technical Project Manager | 4,940 EUR | -15% |
| Technology Director | 6,090 EUR | +5% |
| Technology Vice President | 4,890 EUR | -16% |
| Virtual / Augmented Reality Director | 5,490 EUR | -6% |
Salary Comparison By City
| City | Average Salary |
| Berlin | 6,360 EUR |
| Dortmund | 4,970 EUR |
| Frankfurt | 5,820 EUR |
| Hamburg | 6,070 EUR |
| Munchen | 5,790 EUR |
| Stuttgart | 5,440 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 Germany is 5% on average across all career fields.
| Private Sector | 3,740 EUR | |
| Public Sector | +5% | 3,910 EUR |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Information Technology Risk Manager in Frankfurt?
A good and competitive compensation would range anywhere between 5,570 EUR and 6,410 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 Information Technology Risk Manager in Frankfurt ranges from 2,680 EUR to 4,490 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
