Internal Auditor Average Salary in Italy 2024
How much money does a person working as Internal Auditor make in Italy?
LOW
1,920
EUR AVERAGE
3,690
EUR HIGH
5,640
EUR
A person working as Internal Auditor in Italy typically earns around 3,690 EUR. Salaries range from 1,920 EUR (lowest) to 5,640 EUR (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Internal Auditor salaries in Italy vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Internal Auditor Pay Scale and Salaries in Italy
Salary Structure and Pay Scale Comparison
3,340 EUR or more
2,980 to 3,340 EUR
2,170 EUR or less
2,170 to 2,980 EUR
 1,920 EUR |
3,360 EUR |
5,640 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 Internal Auditor in Italy range from 1,920 EUR (starting salary) to 5,640 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 3,360 EUR, half of the professionals who work as Internal Auditor in Italy 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 Internal Auditor in Italy earn less than 2,780 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 3,810 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 Internal Auditor in Italy compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 2,170 EUR to 2,980 EUR. About 20% of salaries are below the 2,170 EUR mark, while 10% fall within the range of 2,980 EUR to 3,340 EUR. Only 5% of individuals have salaries exceeding 3,340 EUR.
Salary Comparison by Years of Experience / Internal Auditor / Italy
How do experience and age affect pay?
| 0 - 2 Years | 2,180 EUR | |
| 2 - 5 Years | +34% | 2,920 EUR |
| 5 - 10 Years | +30% | 3,800 EUR |
| 10 - 15 Years | +21% | 4,600 EUR |
| 15 - 20 Years | +9% | 5,030 EUR |
| 20+ Years | +5% | 5,290 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 Internal Auditor and this is what we found.
Employees with less than two years of experience earn approximately 2,180 EUR.
While someone with an experience level between two and five years is expected to earn 2,920 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 3,800 EUR, 30% 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 4,600 EUR, 21% 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 5,030 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 5,290 EUR, 5% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Internal Auditor / Italy
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Internal Auditor.
| Certificate or Diploma | 2,590 EUR | |
| Bachelor's Degree | +52% | 3,930 EUR |
| Master's Degree | +42% | 5,570 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 Internal Auditor in order to make a comparison.
Level 1: Certificate or Diploma
Employees at this education level have an average salary of 2,590 EUR.
Level 2: Bachelor's Degree
At this level, the average salary becomes 3,930 EUR, 52% more than the previous level.
Level 3: Master's Degree
At this level, the average salary becomes 5,570 EUR, 42% 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 Italy costs anywhere from 18,300 EUR to 54,900 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 / Internal Auditor / Italy
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 Internal Auditor in Italy, the average difference between the salary of male and female employees is 6%.
| Male | 3,800 EUR | |
| Female | -5% | 3,600 EUR |
Salary Comparison By Gender in Italy for all Careers
Average Annual Salary Increment Percentage / Internal Auditor / Italy
How much are annual salary increments in Italy for individuals working as Internal Auditor? How often do employees get salary raises?
Individuals working as Internal Auditor in Italy are likely to observe a salary increase of approximately 11% every 17 months. The national average annual increment for all professions combined is 8% granted to employees every 17 months.
Italy / 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 / Internal Auditor / Italy
How much and how often are bonuses being awarded?
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46% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 54% 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 | 54% | |
| No Bonus | 46% |
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 / Internal Auditor / Italy
21 EUR per hourThe average hourly wage (pay per hour) for individuals working as Internal Auditor in Italy is 21 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 Internal Auditor in Italy 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 |
| Accounting and Finance |  -100% | |
| Account Examiner | 2,010 EUR | -46% |
| Account Executive | 3,360 EUR | -9% |
| Accountant | 2,720 EUR | -26% |
| Accounting Analyst | 3,250 EUR | -12% |
| Accounting Assistant | 2,140 EUR | -42% |
| Accounting Associate | 1,890 EUR | -49% |
| Accounting Clerk | 1,620 EUR | -56% |
| Accounting Coordinator | 2,410 EUR | -35% |
| Accounting Head | 5,320 EUR |  +44% |
| Accounting Manager | 5,430 EUR | +47% |
| Accounting Officer | 1,970 EUR | -47% |
| Accounting Specialist | 3,620 EUR | -2% |
| Accounting Supervisor | 3,660 EUR | -1% |
| Accounting Technician | 1,840 EUR | -50% |
| Accounting Unit Controller | 4,450 EUR | +21% |
| Accounts Executive | 3,430 EUR | -7% |
| Accounts Officer | 2,100 EUR | -43% |
| Accounts Payable and Receivable Specialist | 2,730 EUR | -26% |
| Accounts Payable Assistant | 2,160 EUR | -41% |
| Accounts Payable Associate | 2,410 EUR | -35% |
| Accounts Payable Clerk | 1,910 EUR | -48% |
| Accounts Payable Manager | 5,100 EUR | +38% |
| Accounts Receivable Administrator | 4,100 EUR | +11% |
| Accounts Receivable Clerk | 1,930 EUR | -48% |
| Accounts Receivable Financial Analyst | 3,620 EUR | -2% |
| Accounts Receivable Manager | 5,070 EUR | +37% |
| Accounts Receivable Team Leader | 4,000 EUR | +8% |
| Algorithmic Trading Specialist | 4,720 EUR | +28% |
| Assistant Accountant | 2,080 EUR | -44% |
| Assistant Accounting Manager | 4,800 EUR | +30% |
| Assistant Auditor | 2,780 EUR | -25% |
| Assistant Corporate Controller | 3,800 EUR | +3% |
| Assistant Finance Manager | 5,380 EUR | +46% |
| Assistant Financial Controller | 3,780 EUR | +2% |
| Audit Director | 6,420 EUR | +74% |
| Audit Supervisor | 4,890 EUR | +33% |
| Auditing Clerk | 2,100 EUR | -43% |
| Auditing Manager | 5,680 EUR | +54% |
| Billing Clerk | 2,140 EUR | -42% |
| Billing Coordinator | 2,320 EUR | -37% |
| Billing Specialist | 2,940 EUR | -20% |
| Billing Supervisor | 4,240 EUR | +15% |
| Bookkeeper | 1,830 EUR | -50% |
| Bookkeeping Specialist | 2,510 EUR | -32% |
| Budget Analyst | 4,810 EUR | +30% |
| Budget Manager | 5,240 EUR | +42% |
| Business Support Analyst | 3,130 EUR | -15% |
| Capital Markets Associate | 3,880 EUR | +5% |
| Cash Flow Analyst | 3,850 EUR | +4% |
| Cash Management Manager | 5,080 EUR | +38% |
| Cash Management Officer | 2,960 EUR | -20% |
| Cashbook Clerk | 1,870 EUR | -49% |
| Chartered Accountant | 3,310 EUR | -10% |
| Chief Accountant | 4,060 EUR | +10% |
| Chief Financial Technology Officer | 5,570 EUR | +51% |
| Collections Clerk | 1,670 EUR | -55% |
| Collections Representative | 2,410 EUR | -35% |
| Collections Specialist | 2,720 EUR | -26% |
| Corporate Controller | 4,370 EUR | +18% |
| Corporate Treasurer | 5,090 EUR | +38% |
| Cost Accountant | 2,570 EUR | -30% |
| Cost Accounting Manager | 5,320 EUR | +44% |
| Cost Accounting Supervisor | 4,430 EUR | +20% |
| Cost Analyst | 4,290 EUR | +16% |
| Credit and Collection Manager | 5,080 EUR | +38% |
| Credit and Collection Staff | 1,990 EUR | -46% |
| Credit and Loans Officer | 1,950 EUR | -47% |
| Credit Controller | 3,570 EUR | -3% |
| Credit Manager | 5,650 EUR | +53% |
| Debt Adviser | 4,350 EUR | +18% |
| Debt Collector | 2,130 EUR | -42% |
| Debtors Clerk | 1,930 EUR | -48% |
| Debtors Controller | 1,970 EUR | -47% |
| Deputy CFO | 7,040 EUR | +91% |
| Deputy Head of Finance | 7,110 EUR | +93% |
| Derivative Trader | 4,560 EUR | +24% |
| Director of Finance | 8,020 EUR | +120% |
| E-commerce Accountant | 2,840 EUR | -23% |
| Economist | 6,280 EUR | +70% |
| Equity Analyst | 4,890 EUR | +33% |
| Escrow Assistant | 2,440 EUR | -34% |
| Executive Accountant | 3,040 EUR | -18% |
| External Auditor | 3,850 EUR | +4% |
| Finance Administrator | 3,220 EUR | -13% |
| Finance Analyst | 4,710 EUR | +28% |
| Finance Associate | 2,410 EUR | -35% |
| Finance Data Analyst | 4,410 EUR | +20% |
| Finance Director | 8,220 EUR | +120% |
| Finance Executive | 5,830 EUR | +58% |
| Finance Licensing Clerk | 1,860 EUR | -50% |
| Finance Licensing Manager | 4,940 EUR | +34% |
| Finance Licensing Specialist | 2,810 EUR | -24% |
| Finance Manager | 7,840 EUR | +110% |
| Finance Officer | 2,470 EUR | -33% |
| Finance President | 8,020 EUR | +120% |
| Finance Relationship Manager | 5,920 EUR | +60% |
| Finance Release Analyst | 3,190 EUR | -14% |
| Finance Specialist | 4,210 EUR | +14% |
| Finance Team Leader | 6,030 EUR | +63% |
| Financial Accountant | 2,650 EUR | -28% |
| Financial Actuary | 3,970 EUR | +8% |
| Financial Administrator | 4,460 EUR | +21% |
| Financial Advisor | 4,640 EUR | +26% |
| Financial Analyst | 4,900 EUR | +33% |
| Financial Applications Specialist | 3,340 EUR | -9% |
| Financial Assistant | 2,160 EUR | -41% |
| Financial Associate | 2,460 EUR | -33% |
| Financial Claims Analyst | 3,520 EUR | -5% |
| Financial Claims Manager | 4,680 EUR | +27% |
| Financial Claims Supervisor | 4,370 EUR | +18% |
| Financial Clerk | 2,020 EUR | -45% |
| Financial Commercial Analyst | 4,020 EUR | +9% |
| Financial Compliance Analyst | 4,320 EUR | +17% |
| Financial Compliance Officer | 4,340 EUR | +18% |
| Financial Consultant | 3,470 EUR | -6% |
| Financial Controller | 4,460 EUR | +21% |
| Financial Coordinator | 2,470 EUR | -33% |
| Financial Customer Service Manager | 4,990 EUR | +35% |
| Financial Data Scientist | 5,120 EUR | +39% |
| Financial Dealer and Broker | 2,930 EUR | -21% |
| Financial Director | 7,900 EUR | +110% |
| Financial Encoder | 2,250 EUR | -39% |
| Financial Manager | 7,390 EUR | +100% |
| Financial Modelling Analyst | 4,970 EUR | +35% |
| Financial Operations Manager | 6,750 EUR | +83% |
| Financial Policy Analyst | 4,130 EUR | +12% |
| Financial Project Manager | 5,510 EUR | +49% |
| Financial Quantitative Analyst | 4,560 EUR | +24% |
| Financial Reporting Consultant | 4,020 EUR | +9% |
| Financial Reporting Manager | 5,090 EUR | +38% |
| Financial Section Head | 4,960 EUR | +34% |
| Financial Services Manager | 6,750 EUR | +83% |
| Financial Services Sales Agent | 2,960 EUR | -20% |
| Financial Technology Consultant | 4,380 EUR | +19% |
| Financial Wellness Coach | 5,730 EUR | +55% |
| FinTech Analyst | 4,370 EUR | +18% |
| Fixed Assets Administrator | 2,760 EUR | -25% |
| Forensic Accountant | 2,990 EUR | -19% |
| Fraud Detection Supervisor | 3,380 EUR | -8% |
| Fraud Prevention Manager | 5,620 EUR | +52% |
| Fund Accountant | 2,650 EUR | -28% |
| Grants Coordinator | 1,950 EUR | -47% |
| Green Finance Analyst | 4,090 EUR | +11% |
| Group Financial Manager | 7,790 EUR | +110% |
| Internal Auditor | 3,690 EUR | +0% |
| Internal Control Adviser | 4,310 EUR | +17% |
| Internal Control Officer | 2,400 EUR | -35% |
| International Tax Director | 6,160 EUR | +67% |
| Inventory Accountant | 2,690 EUR | -27% |
| Investment Advisor | 7,450 EUR | +100% |
| Investment Analyst | 5,530 EUR | +50% |
| Investment Associate | 4,360 EUR | +18% |
| Investment Broker | 4,270 EUR | +16% |
| Investment Fund Manager | 5,820 EUR | +58% |
| Investment Operations Manager | 5,700 EUR | +55% |
| Investment Underwriter | 2,230 EUR | -40% |
| Investor | 3,450 EUR | -6% |
| Investor Relations Manager | 5,400 EUR | +46% |
| KYC Team Leader | 5,410 EUR | +47% |
| Loan Processor | 2,110 EUR | -43% |
| Management Accountant | 2,960 EUR | -20% |
| Management Economist | 6,250 EUR | +69% |
| Paymaster | 2,250 EUR | -39% |
| Payroll Administrator | 3,440 EUR | -7% |
| Payroll Benefits Coordinator | 2,820 EUR | -24% |
| Payroll Billing Manager | 4,690 EUR | +27% |
| Payroll Clerk | 2,280 EUR | -38% |
| Payroll Manager | 4,820 EUR | +31% |
| Payroll Officer | 2,250 EUR | -39% |
| Payroll Specialist | 2,700 EUR | -27% |
| Payroll Supervisor | 3,380 EUR | -8% |
| Pensions Administrator | 2,840 EUR | -23% |
| Personal Financial Advisor | 3,820 EUR | +4% |
| Pricing Analyst | 4,370 EUR | +18% |
| Private Equity Analyst | 4,820 EUR | +31% |
| Project Accountant | 2,970 EUR | -19% |
| Proposal Development Coordinator | 2,390 EUR | -35% |
| Quantitative Trader | 3,720 EUR | +1% |
| Receivables Accountant | 2,370 EUR | -36% |
| Regulatory Accountant | 2,970 EUR | -19% |
| Retirement Plan Analyst | 4,370 EUR | +18% |
| Revenue Management Specialist | 4,570 EUR | +24% |
| Revenue Recognition Analyst | 4,770 EUR | +29% |
| Risk Management Director | 6,490 EUR | +76% |
| Risk Management Supervisor | 5,370 EUR | +46% |
| Staff Accountant | 2,480 EUR | -33% |
| Tax Accountant | 2,620 EUR | -29% |
| Tax Administrator | 2,800 EUR | -24% |
| Tax Advisor | 3,970 EUR | +8% |
| Tax Analyst | 3,990 EUR | +8% |
| Tax Associate | 2,370 EUR | -36% |
| Tax Consultant | 4,180 EUR | +13% |
| Tax Director | 6,100 EUR | +65% |
| Tax Examiner | 2,930 EUR | -21% |
| Tax Manager | 5,570 EUR | +51% |
| Tax Research Manager | 5,590 EUR | +52% |
| Teller | 1,640 EUR | -56% |
| Treasury Accountant | 2,800 EUR | -24% |
| Treasury Analyst | 4,320 EUR | +17% |
| Underwriter | 1,880 EUR | -49% |
| Underwriting Assistant | 1,770 EUR | -52% |
| Vice President of Finance | 7,520 EUR | +100% |
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 Italy is 5% on average across all career fields.
| Private Sector | 3,560 EUR | |
| Public Sector | +5% | 3,750 EUR |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Internal Auditor in Italy?
A good and competitive compensation would range anywhere between 3,360 EUR and 3,810 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 Internal Auditor in Italy ranges from 1,920 EUR to 2,780 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
