Financial Wellness Coach Average Salary in Germany 2024
How much money does a person working as Financial Wellness Coach make in Germany?
LOW
2,510
EUR AVERAGE
5,460
EUR HIGH
8,680
EUR
A person working as Financial Wellness Coach in Germany typically earns around 5,460 EUR. Salaries range from 2,510 EUR (lowest) to 8,680 EUR (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Financial Wellness Coach salaries in Germany vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Financial Wellness Coach Pay Scale and Salaries in Germany
Salary Structure and Pay Scale Comparison
5,180 EUR or more
4,540 to 5,180 EUR
3,130 EUR or less
3,130 to 4,540 EUR
 2,510 EUR |
5,220 EUR |
8,680 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 Financial Wellness Coach in Germany range from 2,510 EUR (starting salary) to 8,680 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 5,220 EUR, half of the professionals who work as Financial Wellness Coach 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.
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 Financial Wellness Coach in Germany earn less than 4,210 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 6,020 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 Financial Wellness Coach in Germany compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 3,130 EUR to 4,540 EUR. About 20% of salaries are below the 3,130 EUR mark, while 10% fall within the range of 4,540 EUR to 5,180 EUR. Only 5% of individuals have salaries exceeding 5,180 EUR.
Salary Comparison by Years of Experience / Financial Wellness Coach / Germany
How do experience and age affect pay?
| 0 - 2 Years | 2,850 EUR | |
| 2 - 5 Years | +34% | 3,810 EUR |
| 5 - 10 Years | +48% | 5,630 EUR |
| 10 - 15 Years | +22% | 6,860 EUR |
| 15 - 20 Years | +9% | 7,480 EUR |
| 20+ Years | +8% | 8,100 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 Financial Wellness Coach and this is what we found.
Employees with less than two years of experience earn approximately 2,850 EUR.
While someone with an experience level between two and five years is expected to earn 3,810 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 5,630 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 6,860 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 7,480 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 8,100 EUR, 8% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Financial Wellness Coach / Germany
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Financial Wellness Coach.
| High School | 2,570 EUR | |
| Certificate or Diploma | +24% | 3,190 EUR |
| Bachelor's Degree | +39% | 4,430 EUR |
| Master's Degree | +63% | 7,200 EUR |
| PhD | +20% | 8,620 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 Financial Wellness Coach in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 2,570 EUR.
Level 2: Certificate or Diploma
At this level, the average salary becomes 3,190 EUR, 24% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 4,430 EUR, 39% more than the previous level.
Level 4: Master's Degree
At this level, the average salary becomes 7,200 EUR, 63% more than the previous level.
Level 5: PhD
At this level, the average salary becomes 8,620 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 / Financial Wellness Coach / Germany
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 Financial Wellness Coach in Germany, the average difference between the salary of male and female employees is 6%.
| Male | 5,620 EUR | |
| Female | -6% | 5,300 EUR |
Salary Comparison By Gender in Germany for all Careers
Average Annual Salary Increment Percentage / Financial Wellness Coach / Germany
How much are annual salary increments in Germany for individuals working as Financial Wellness Coach? How often do employees get salary raises?
Individuals working as Financial Wellness Coach in Germany are likely to observe a salary increase of approximately 12% every 16 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 / Financial Wellness Coach / Germany
How much and how often are bonuses being awarded?
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38% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 62% 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 | 62% | |
| No Bonus | 38% |
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 / Financial Wellness Coach / Germany
32 EUR per hourThe average hourly wage (pay per hour) for individuals working as Financial Wellness Coach in Germany is 32 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 Financial Wellness Coach in Germany is 14 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 |
| Accounting and Finance |  -100% | |
| Account Examiner | 2,010 EUR | -63% |
| Account Executive | 3,220 EUR | -41% |
| Accountant | 2,500 EUR | -54% |
| Accounting Analyst | 3,240 EUR | -41% |
| Accounting Assistant | 1,920 EUR | -65% |
| Accounting Associate | 1,790 EUR | -67% |
| Accounting Clerk | 1,570 EUR | -71% |
| Accounting Coordinator | 2,410 EUR | -56% |
| Accounting Head | 5,110 EUR | -6% |
| Accounting Manager | 5,670 EUR |  +4% |
| Accounting Officer | 1,920 EUR | -65% |
| Accounting Specialist | 3,450 EUR | -37% |
| Accounting Supervisor | 3,640 EUR | -33% |
| Accounting Technician | 1,770 EUR | -68% |
| Accounting Unit Controller | 4,340 EUR | -21% |
| Accounts Executive | 3,170 EUR | -42% |
| Accounts Officer | 1,950 EUR | -64% |
| Accounts Payable and Receivable Specialist | 2,690 EUR | -51% |
| Accounts Payable Assistant | 2,170 EUR | -60% |
| Accounts Payable Associate | 2,450 EUR | -55% |
| Accounts Payable Clerk | 1,950 EUR | -64% |
| Accounts Payable Manager | 5,080 EUR | -7% |
| Accounts Receivable Administrator | 3,980 EUR | -27% |
| Accounts Receivable Clerk | 1,880 EUR | -66% |
| Accounts Receivable Financial Analyst | 3,610 EUR | -34% |
| Accounts Receivable Manager | 4,810 EUR | -12% |
| Accounts Receivable Team Leader | 3,890 EUR | -29% |
| Algorithmic Trading Specialist | 4,660 EUR | -15% |
| Assistant Accountant | 2,070 EUR | -62% |
| Assistant Accounting Manager | 4,610 EUR | -16% |
| Assistant Auditor | 2,710 EUR | -50% |
| Assistant Corporate Controller | 3,480 EUR | -36% |
| Assistant Finance Manager | 5,460 EUR | -0% |
| Assistant Financial Controller | 3,550 EUR | -35% |
| Audit Director | 6,110 EUR | +12% |
| Audit Supervisor | 4,540 EUR | -17% |
| Auditing Clerk | 1,950 EUR | -64% |
| Auditing Manager | 5,300 EUR | -3% |
| Billing Clerk | 2,080 EUR | -62% |
| Billing Coordinator | 2,440 EUR | -55% |
| Billing Specialist | 2,880 EUR | -47% |
| Billing Supervisor | 4,070 EUR | -25% |
| Bookkeeper | 1,720 EUR | -69% |
| Bookkeeping Specialist | 2,420 EUR | -56% |
| Budget Analyst | 4,410 EUR | -19% |
| Budget Manager | 5,180 EUR | -5% |
| Business Support Analyst | 3,060 EUR | -44% |
| Capital Markets Associate | 3,800 EUR | -30% |
| Cash Flow Analyst | 3,710 EUR | -32% |
| Cash Management Manager | 5,280 EUR | -3% |
| Cash Management Officer | 3,010 EUR | -45% |
| Cashbook Clerk | 1,700 EUR | -69% |
| Chartered Accountant | 3,280 EUR | -40% |
| Chief Accountant | 3,790 EUR | -31% |
| Chief Financial Technology Officer | 5,610 EUR | +3% |
| Collections Clerk | 1,600 EUR | -71% |
| Collections Representative | 2,320 EUR | -58% |
| Collections Specialist | 2,640 EUR | -52% |
| Corporate Controller | 4,060 EUR | -26% |
| Corporate Treasurer | 4,950 EUR | -9% |
| Cost Accountant | 2,590 EUR | -53% |
| Cost Accounting Manager | 5,040 EUR | -8% |
| Cost Accounting Supervisor | 4,200 EUR | -23% |
| Cost Analyst | 3,960 EUR | -27% |
| Credit and Collection Manager | 5,020 EUR | -8% |
| Credit and Collection Staff | 1,930 EUR | -65% |
| Credit and Loans Officer | 1,950 EUR | -64% |
| Credit Controller | 3,410 EUR | -38% |
| Credit Manager | 5,510 EUR | +1% |
| Debt Adviser | 4,440 EUR | -19% |
| Debt Collector | 2,130 EUR | -61% |
| Debtors Clerk | 1,840 EUR | -66% |
| Debtors Controller | 1,920 EUR | -65% |
| Deputy CFO | 7,320 EUR | +34% |
| Deputy Head of Finance | 7,050 EUR | +29% |
| Derivative Trader | 4,540 EUR | -17% |
| Director of Finance | 7,970 EUR | +46% |
| E-commerce Accountant | 2,810 EUR | -49% |
| Economist | 6,300 EUR | +15% |
| Equity Analyst | 4,800 EUR | -12% |
| Escrow Assistant | 2,320 EUR | -58% |
| Executive Accountant | 2,800 EUR | -49% |
| External Auditor | 3,500 EUR | -36% |
| Finance Administrator | 2,980 EUR | -45% |
| Finance Analyst | 4,750 EUR | -13% |
| Finance Associate | 2,180 EUR | -60% |
| Finance Data Analyst | 4,280 EUR | -22% |
| Finance Director | 8,010 EUR | +47% |
| Finance Executive | 5,310 EUR | -3% |
| Finance Licensing Clerk | 1,780 EUR | -67% |
| Finance Licensing Manager | 5,110 EUR | -6% |
| Finance Licensing Specialist | 2,840 EUR | -48% |
| Finance Manager | 7,470 EUR | +37% |
| Finance Officer | 2,560 EUR | -53% |
| Finance President | 7,360 EUR | +35% |
| Finance Relationship Manager | 6,060 EUR | +11% |
| Finance Release Analyst | 2,990 EUR | -45% |
| Finance Specialist | 4,330 EUR | -21% |
| Finance Team Leader | 6,020 EUR | +10% |
| Financial Accountant | 2,580 EUR | -53% |
| Financial Actuary | 4,100 EUR | -25% |
| Financial Administrator | 4,290 EUR | -21% |
| Financial Advisor | 4,660 EUR | -15% |
| Financial Analyst | 4,690 EUR | -14% |
| Financial Applications Specialist | 3,180 EUR | -42% |
| Financial Assistant | 2,010 EUR | -63% |
| Financial Associate | 2,410 EUR | -56% |
| Financial Claims Analyst | 3,410 EUR | -38% |
| Financial Claims Manager | 4,420 EUR | -19% |
| Financial Claims Supervisor | 4,450 EUR | -19% |
| Financial Clerk | 1,900 EUR | -65% |
| Financial Commercial Analyst | 3,700 EUR | -32% |
| Financial Compliance Analyst | 4,010 EUR | -27% |
| Financial Compliance Officer | 4,120 EUR | -25% |
| Financial Consultant | 3,440 EUR | -37% |
| Financial Controller | 4,000 EUR | -27% |
| Financial Coordinator | 2,330 EUR | -57% |
| Financial Customer Service Manager | 4,750 EUR | -13% |
| Financial Data Scientist | 4,750 EUR | -13% |
| Financial Dealer and Broker | 2,870 EUR | -47% |
| Financial Director | 7,800 EUR | +43% |
| Financial Encoder | 2,200 EUR | -60% |
| Financial Manager | 6,900 EUR | +26% |
| Financial Modelling Analyst | 4,490 EUR | -18% |
| Financial Operations Manager | 6,320 EUR | +16% |
| Financial Policy Analyst | 4,090 EUR | -25% |
| Financial Project Manager | 5,230 EUR | -4% |
| Financial Quantitative Analyst | 4,620 EUR | -15% |
| Financial Reporting Consultant | 3,620 EUR | -34% |
| Financial Reporting Manager | 5,040 EUR | -8% |
| Financial Section Head | 5,120 EUR | -6% |
| Financial Services Manager | 6,590 EUR | +21% |
| Financial Services Sales Agent | 2,860 EUR | -48% |
| Financial Technology Consultant | 4,270 EUR | -22% |
| Financial Wellness Coach | 5,460 EUR | -0% |
| FinTech Analyst | 4,500 EUR | -18% |
| Fixed Assets Administrator | 2,580 EUR | -53% |
| Forensic Accountant | 3,060 EUR | -44% |
| Fraud Detection Supervisor | 3,140 EUR | -43% |
| Fraud Prevention Manager | 5,100 EUR | -7% |
| Fund Accountant | 2,590 EUR | -53% |
| Grants Coordinator | 1,840 EUR | -66% |
| Green Finance Analyst | 4,090 EUR | -25% |
| Group Financial Manager | 7,600 EUR | +39% |
| Internal Auditor | 3,620 EUR | -34% |
| Internal Control Adviser | 4,010 EUR | -27% |
| Internal Control Officer | 2,180 EUR | -60% |
| International Tax Director | 6,210 EUR | +14% |
| Inventory Accountant | 2,780 EUR | -49% |
| Investment Advisor | 7,120 EUR | +30% |
| Investment Analyst | 5,160 EUR | -6% |
| Investment Associate | 4,490 EUR | -18% |
| Investment Broker | 4,300 EUR | -21% |
| Investment Fund Manager | 5,860 EUR | +7% |
| Investment Operations Manager | 5,610 EUR | +3% |
| Investment Underwriter | 2,190 EUR | -60% |
| Investor | 3,420 EUR | -37% |
| Investor Relations Manager | 5,230 EUR | -4% |
| KYC Team Leader | 4,850 EUR | -11% |
| Loan Processor | 2,210 EUR | -60% |
| Management Accountant | 3,000 EUR | -45% |
| Management Economist | 6,050 EUR | +11% |
| Paymaster | 2,070 EUR | -62% |
| Payroll Administrator | 3,390 EUR | -38% |
| Payroll Benefits Coordinator | 2,950 EUR | -46% |
| Payroll Billing Manager | 4,790 EUR | -12% |
| Payroll Clerk | 2,200 EUR | -60% |
| Payroll Manager | 4,530 EUR | -17% |
| Payroll Officer | 2,240 EUR | -59% |
| Payroll Specialist | 2,630 EUR | -52% |
| Payroll Supervisor | 3,430 EUR | -37% |
| Pensions Administrator | 2,750 EUR | -50% |
| Personal Financial Advisor | 3,820 EUR | -30% |
| Pricing Analyst | 4,110 EUR | -25% |
| Private Equity Analyst | 4,510 EUR | -17% |
| Project Accountant | 2,670 EUR | -51% |
| Proposal Development Coordinator | 2,310 EUR | -58% |
| Quantitative Trader | 3,620 EUR | -34% |
| Receivables Accountant | 2,280 EUR | -58% |
| Regulatory Accountant | 2,840 EUR | -48% |
| Retirement Plan Analyst | 4,060 EUR | -26% |
| Revenue Management Specialist | 4,140 EUR | -24% |
| Revenue Recognition Analyst | 4,660 EUR | -15% |
| Risk Management Director | 5,980 EUR | +10% |
| Risk Management Supervisor | 5,340 EUR | -2% |
| Staff Accountant | 2,560 EUR | -53% |
| Tax Accountant | 2,510 EUR | -54% |
| Tax Administrator | 2,840 EUR | -48% |
| Tax Advisor | 3,940 EUR | -28% |
| Tax Analyst | 3,860 EUR | -29% |
| Tax Associate | 2,220 EUR | -59% |
| Tax Consultant | 3,940 EUR | -28% |
| Tax Director | 6,220 EUR | +14% |
| Tax Examiner | 2,820 EUR | -48% |
| Tax Manager | 5,410 EUR | -1% |
| Tax Research Manager | 5,310 EUR | -3% |
| Teller | 1,520 EUR | -72% |
| Treasury Accountant | 2,700 EUR | -51% |
| Treasury Analyst | 4,100 EUR | -25% |
| Underwriter | 1,780 EUR | -67% |
| Underwriting Assistant | 1,640 EUR | -70% |
| Vice President of Finance | 6,990 EUR | +28% |
Salary Comparison By City
| City | Average Salary |
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 Financial Wellness Coach in Germany?
A good and competitive compensation would range anywhere between 5,220 EUR and 6,020 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 Financial Wellness Coach in Germany ranges from 2,510 EUR to 4,210 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
