A person working as Asset Management Associate in Germany typically earns around 3,110 EUR. Salaries range from 1,430 EUR (lowest) to 4,940 EUR (highest).
This is the average salary including housing, transport, and other benefits. Asset Management Associate salaries in Germany vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
![]() 1,430 EUR |
![]() 2,970 EUR |
![]() 4,940 EUR |
Salaries for the position Asset Management Associate in Germany range from 1,430 EUR (starting salary) to 4,940 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 2,970 EUR, half of the professionals who work as Asset Management Associate in Germany 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 Asset Management Associate in Germany earn less than 2,400 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 3,420 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 Asset Management Associate in Germany compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 1,780 EUR to 2,580 EUR. About 20% of salaries are below the 1,780 EUR mark, while 10% fall within the range of 2,580 EUR to 2,950 EUR. Only 5% of individuals have salaries exceeding 2,950 EUR.
0 - 2 Years | 1,620 EUR | |
2 - 5 Years | +34% | 2,170 EUR |
5 - 10 Years | +48% | 3,200 EUR |
10 - 15 Years | +22% | 3,910 EUR |
15 - 20 Years | +9% | 4,260 EUR |
20+ Years | +8% | 4,610 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 Asset Management Associate and this is what we found.
Employees with less than two years of experience earn approximately 1,620 EUR.
While someone with an experience level between two and five years is expected to earn 2,170 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 3,200 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 3,910 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 4,260 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 4,610 EUR, 8% more than people with fifteen to twenty years of experience.
High School | 1,850 EUR | |
Certificate or Diploma | +57% | 2,910 EUR |
Bachelor's Degree | +68% | 4,870 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 Asset Management Associate in order to make a comparison.
Employees at this education level have an average salary of 1,850 EUR.
At this level, the average salary becomes 2,910 EUR, 57% more than the previous level.
At this level, the average salary becomes 4,870 EUR, 68% more than the previous level.
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 Asset Management Associate in Germany, the average difference between the salary of male and female employees is 6%.
Male | 3,200 EUR | |
Female | -6% | 3,020 EUR |
Individuals working as Asset Management Associate in Germany are likely to observe a salary increase of approximately 9% every 17 months. The national average annual increment for all professions combined is 8% granted to employees every 16 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.
39% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 61% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 2% to 7% of their annual salary.
Received Bonus | 61% | |
No Bonus | 39% |
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 Asset Management Associate in Germany 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 |
Purchasing and Inventory | ![]() | |
Asset Management Associate | 3,110 EUR | ![]() |
Asset Protection Associate | 3,090 EUR | ![]() |
Asset Protection Specialist | 3,540 EUR | ![]() |
Assistant Buyer | 2,870 EUR | ![]() |
Buyer | 5,160 EUR | ![]() |
Capacity Planner | 3,660 EUR | ![]() |
Category Leader | 3,440 EUR | ![]() |
Category Management Specialist | 3,470 EUR | ![]() |
Category Manager | 3,710 EUR | ![]() |
Channel Services Representative | 3,320 EUR | ![]() |
Contracts Manager | 3,900 EUR | ![]() |
Contracts Specialist | 3,310 EUR | ![]() |
Demand Planner | 3,590 EUR | ![]() |
Demand Planning Manager | 4,400 EUR | ![]() |
Digital Procurement Manager | 3,700 EUR | ![]() |
Distribution Assistant | 2,890 EUR | ![]() |
Distribution Associate | 2,880 EUR | ![]() |
Distribution Manager | 6,230 EUR | ![]() |
E-Commerce Buyer | 3,500 EUR | ![]() |
E-procurement Specialist | 3,990 EUR | ![]() |
Freight and Customs Compliance Manager | 3,960 EUR | ![]() |
Green Procurement Specialist | 3,410 EUR | ![]() |
Inventory Analyst | 3,130 EUR | ![]() |
Inventory Analytics Manager | 3,170 EUR | ![]() |
Inventory Control Clerk | 1,670 EUR | ![]() |
Inventory Control Manager | 4,610 EUR | ![]() |
Inventory Management Associate | 3,230 EUR | ![]() |
Inventory Optimization Manager | 3,800 EUR | ![]() |
Inventory Specialist | 3,210 EUR | ![]() |
Logistics Automation Engineer | 3,690 EUR | ![]() |
Logistics Engineer | 3,000 EUR | ![]() |
Master Planner | 3,090 EUR | ![]() |
Material Handler | 2,050 EUR | ![]() |
Material Planning Specialist | 2,840 EUR | ![]() |
Merchandise Manager | 3,910 EUR | ![]() |
Procurement Administrator | 3,750 EUR | ![]() |
Procurement Agent | 2,570 EUR | ![]() |
Procurement Analyst | 3,930 EUR | ![]() |
Procurement Assistant | 2,650 EUR | ![]() |
Procurement Associate | 3,430 EUR | ![]() |
Procurement Clerk | 1,540 EUR | ![]() |
Procurement Engineer | 3,300 EUR | ![]() |
Procurement Manager | 6,670 EUR | ![]() |
Procurement Officer | 1,550 EUR | ![]() |
Procurement Process Analyst | 3,740 EUR | ![]() |
Procurement Risk Manager | 3,820 EUR | ![]() |
Procurement Specialist | 3,030 EUR | ![]() |
Procurement Technology Consultant | 3,800 EUR | ![]() |
Production Planner | 3,550 EUR | ![]() |
Project Buyer | 4,110 EUR | ![]() |
Purchaser | 5,010 EUR | ![]() |
Purchasing Agent | 2,770 EUR | ![]() |
Purchasing Assistant | 1,780 EUR | ![]() |
Purchasing Manager | 6,790 EUR | ![]() |
Purchasing Officer | 2,870 EUR | ![]() |
Purchasing Supervisor | 4,510 EUR | ![]() |
Shipping and Receiving Clerk | 1,530 EUR | ![]() |
Shipping Coordinator | 3,170 EUR | ![]() |
Stock Clerk | 1,800 EUR | ![]() |
Stock Regulator | 1,930 EUR | ![]() |
Storage Manager | 4,190 EUR | ![]() |
Store Keeper | 1,600 EUR | ![]() |
Stores and Logistics Coordinator | 3,350 EUR | ![]() |
Strategic Sourcing Analyst | 4,350 EUR | ![]() |
Supplier Diversity Program Manager | 4,480 EUR | ![]() |
Supplier Relationship Manager | 4,680 EUR | ![]() |
Supply Chain Analyst | 4,840 EUR | ![]() |
Supply Chain Coordinator | 3,350 EUR | ![]() |
Supply Chain Development Manager | 5,890 EUR | ![]() |
Supply Chain Director | 6,570 EUR | ![]() |
Supply Chain Manager | 6,280 EUR | ![]() |
Supply Planner | 3,340 EUR | ![]() |
Sustainability Procurement Specialist | 4,580 EUR | ![]() |
Sustainable Sourcing Specialist | 3,260 EUR | ![]() |
Sustainable Supply Chain Manager | 4,750 EUR | ![]() |
Third Party Logistics Manager | 5,290 EUR | ![]() |
Vendor Management Specialist | 4,470 EUR | ![]() |
Warehouse Assistant | 1,360 EUR | ![]() |
Warehouse Automation Engineer | 3,230 EUR | ![]() |
Warehouse Clerk | 1,340 EUR | ![]() |
Warehouse Executive | 5,570 EUR | ![]() |
Warehouse Lead | 3,600 EUR | ![]() |
Warehouse Manager | 5,640 EUR | ![]() |
Warehouse Supervisor | 4,020 EUR | ![]() |
Wholesale Buyer | 5,040 EUR | ![]() |
City | Average Salary |
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 |
A good and competitive compensation would range anywhere between 2,970 EUR and 3,420 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 Asset Management Associate in Germany ranges from 1,430 EUR to 2,400 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
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