Accounts Receivable Administrator Average Salary in Milano 2024
How much money does a person working as Accounts Receivable Administrator make in Milano?
LOW
2,070
EUR AVERAGE
4,220
EUR HIGH
6,580
EUR
A person working as Accounts Receivable Administrator in Milano typically earns around 4,220 EUR. Salaries range from 2,070 EUR (lowest) to 6,580 EUR (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Accounts Receivable Administrator salaries in Milano vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Accounts Receivable Administrator Pay Scale and Salaries in Milano
Salary Structure and Pay Scale Comparison
3,910 EUR or more
3,460 to 3,910 EUR
2,450 EUR or less
2,450 to 3,460 EUR
 2,070 EUR |
3,940 EUR |
6,580 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 Accounts Receivable Administrator in Milano range from 2,070 EUR (starting salary) to 6,580 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 3,940 EUR, half of the professionals who work as Accounts Receivable Administrator in Milano 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 Accounts Receivable Administrator in Milano earn less than 3,220 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 4,500 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 Accounts Receivable Administrator in Milano compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 2,450 EUR to 3,460 EUR. About 20% of salaries are below the 2,450 EUR mark, while 10% fall within the range of 3,460 EUR to 3,910 EUR. Only 5% of individuals have salaries exceeding 3,910 EUR.
Salary Comparison by Years of Experience / Accounts Receivable Administrator / Milano
How do experience and age affect pay?
| 0 - 2 Years | 2,450 EUR | |
| 2 - 5 Years | +29% | 3,150 EUR |
| 5 - 10 Years | +38% | 4,350 EUR |
| 10 - 15 Years | +24% | 5,390 EUR |
| 15 - 20 Years | +7% | 5,770 EUR |
| 20+ Years | +7% | 6,150 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 Accounts Receivable Administrator and this is what we found.
Employees with less than two years of experience earn approximately 2,450 EUR.
While someone with an experience level between two and five years is expected to earn 3,150 EUR, 29% 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, 38% 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 5,390 EUR, 24% 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 5,770 EUR, 7% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 6,150 EUR, 7% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Accounts Receivable Administrator / Milano
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Accounts Receivable Administrator.
| High School | 3,060 EUR | |
| Certificate or Diploma | +15% | 3,510 EUR |
| Bachelor's Degree | +35% | 4,730 EUR |
| Master's Degree | +26% | 5,950 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 Accounts Receivable Administrator in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 3,060 EUR.
Level 2: Certificate or Diploma
At this level, the average salary becomes 3,510 EUR, 15% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 4,730 EUR, 35% more than the previous level.
Level 4: Master's Degree
At this level, the average salary becomes 5,950 EUR, 26% 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 / Accounts Receivable Administrator / Milano
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 Accounts Receivable Administrator in Italy, the average difference between the salary of male and female employees is 7%.
| Male | 4,240 EUR | |
| Female | -7% | 3,960 EUR |
Salary Comparison By Gender in Italy for all Careers
Average Annual Salary Increment Percentage / Accounts Receivable Administrator / Milano
How much are annual salary increments in Milano for individuals working as Accounts Receivable Administrator? How often do employees get salary raises?
Individuals working as Accounts Receivable Administrator in Italy 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 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 / Accounts Receivable Administrator / Italy
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 / Accounts Receivable Administrator / Milano
24 EUR per hourThe average hourly wage (pay per hour) for individuals working as Accounts Receivable Administrator in Milano 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 Accounts Receivable Administrator in Milano is 12 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 | 2,190 EUR | -48% |
| Account Executive | 3,710 EUR | -12% |
| Accountant | 2,830 EUR | -33% |
| Accounting Analyst | 3,450 EUR | -18% |
| Accounting Assistant | 2,160 EUR | -49% |
| Accounting Associate | 2,030 EUR | -52% |
| Accounting Clerk | 1,750 EUR | -59% |
| Accounting Coordinator | 2,630 EUR | -38% |
| Accounting Head | 5,880 EUR |  +39% |
| Accounting Manager | 6,290 EUR | +49% |
| Accounting Officer | 2,240 EUR | -47% |
| Accounting Specialist | 3,990 EUR | -5% |
| Accounting Supervisor | 4,080 EUR | -3% |
| Accounting Technician | 1,930 EUR | -54% |
| Accounting Unit Controller | 5,050 EUR | +20% |
| Accounts Executive | 3,850 EUR | -9% |
| Accounts Officer | 2,250 EUR | -47% |
| Accounts Payable and Receivable Specialist | 3,040 EUR | -28% |
| Accounts Payable Assistant | 2,360 EUR | -44% |
| Accounts Payable Associate | 2,770 EUR | -34% |
| Accounts Payable Clerk | 2,140 EUR | -49% |
| Accounts Payable Manager | 5,550 EUR | +32% |
| Accounts Receivable Administrator | 4,220 EUR | +0% |
| Accounts Receivable Clerk | 2,250 EUR | -47% |
| Accounts Receivable Financial Analyst | 3,940 EUR | -7% |
| Accounts Receivable Manager | 5,730 EUR | +36% |
| Accounts Receivable Team Leader | 4,430 EUR | +5% |
| Algorithmic Trading Specialist | 5,250 EUR | +24% |
| Assistant Accountant | 2,150 EUR | -49% |
| Assistant Accounting Manager | 5,180 EUR | +23% |
| Assistant Auditor | 3,010 EUR | -29% |
| Assistant Corporate Controller | 3,760 EUR | -11% |
| Assistant Finance Manager | 5,730 EUR | +36% |
| Assistant Financial Controller | 3,860 EUR | -9% |
| Audit Director | 6,740 EUR | +60% |
| Audit Supervisor | 5,230 EUR | +24% |
| Auditing Clerk | 2,250 EUR | -47% |
| Auditing Manager | 5,930 EUR | +41% |
| Billing Clerk | 2,200 EUR | -48% |
| Billing Coordinator | 2,560 EUR | -39% |
| Billing Specialist | 3,030 EUR | -28% |
| Billing Supervisor | 4,460 EUR | +6% |
| Bookkeeper | 1,870 EUR | -56% |
| Bookkeeping Specialist | 2,640 EUR | -37% |
| Budget Analyst | 4,750 EUR | +13% |
| Budget Manager | 6,130 EUR | +45% |
| Business Support Analyst | 3,390 EUR | -20% |
| Capital Markets Associate | 4,530 EUR | +7% |
| Cash Flow Analyst | 4,380 EUR | +4% |
| Cash Management Manager | 5,580 EUR | +32% |
| Cash Management Officer | 3,160 EUR | -25% |
| Cashbook Clerk | 1,990 EUR | -53% |
| Chartered Accountant | 3,780 EUR | -10% |
| Chief Accountant | 4,240 EUR | +0% |
| Chief Financial Technology Officer | 6,080 EUR | +44% |
| Collections Clerk | 1,710 EUR | -59% |
| Collections Representative | 2,540 EUR | -40% |
| Collections Specialist | 2,940 EUR | -30% |
| Corporate Controller | 4,790 EUR | +14% |
| Corporate Treasurer | 5,500 EUR | +30% |
| Cost Accountant | 2,950 EUR | -30% |
| Cost Accounting Manager | 5,570 EUR | +32% |
| Cost Accounting Supervisor | 4,760 EUR | +13% |
| Cost Analyst | 4,810 EUR | +14% |
| Credit and Collection Manager | 5,940 EUR | +41% |
| Credit and Collection Staff | 2,310 EUR | -45% |
| Credit and Loans Officer | 2,130 EUR | -50% |
| Credit Controller | 4,040 EUR | -4% |
| Credit Manager | 5,970 EUR | +42% |
| Debt Adviser | 4,760 EUR | +13% |
| Debt Collector | 2,260 EUR | -46% |
| Debtors Clerk | 2,030 EUR | -52% |
| Debtors Controller | 2,240 EUR | -47% |
| Deputy CFO | 7,750 EUR | +84% |
| Deputy Head of Finance | 8,130 EUR | +93% |
| Derivative Trader | 5,080 EUR | +20% |
| Director of Finance | 8,300 EUR | +97% |
| E-commerce Accountant | 3,090 EUR | -27% |
| Economist | 6,510 EUR | +54% |
| Equity Analyst | 5,300 EUR | +26% |
| Escrow Assistant | 2,490 EUR | -41% |
| Executive Accountant | 3,250 EUR | -23% |
| External Auditor | 3,890 EUR | -8% |
| Finance Administrator | 3,360 EUR | -20% |
| Finance Analyst | 5,010 EUR | +19% |
| Finance Associate | 2,440 EUR | -42% |
| Finance Data Analyst | 4,880 EUR | +16% |
| Finance Director | 8,890 EUR | +110% |
| Finance Executive | 5,890 EUR | +40% |
| Finance Licensing Clerk | 2,000 EUR | -53% |
| Finance Licensing Manager | 5,700 EUR | +35% |
| Finance Licensing Specialist | 3,150 EUR | -25% |
| Finance Manager | 8,230 EUR | +95% |
| Finance Officer | 2,850 EUR | -32% |
| Finance President | 8,120 EUR | +92% |
| Finance Relationship Manager | 6,990 EUR | +66% |
| Finance Release Analyst | 3,260 EUR | -23% |
| Finance Specialist | 4,740 EUR | +12% |
| Finance Team Leader | 6,560 EUR | +55% |
| Financial Accountant | 3,010 EUR | -29% |
| Financial Actuary | 4,360 EUR | +3% |
| Financial Administrator | 4,810 EUR | +14% |
| Financial Advisor | 5,060 EUR | +20% |
| Financial Analyst | 5,280 EUR | +25% |
| Financial Applications Specialist | 3,680 EUR | -13% |
| Financial Assistant | 2,310 EUR | -45% |
| Financial Associate | 2,870 EUR | -32% |
| Financial Claims Analyst | 3,900 EUR | -8% |
| Financial Claims Manager | 5,020 EUR | +19% |
| Financial Claims Supervisor | 5,020 EUR | +19% |
| Financial Clerk | 2,270 EUR | -46% |
| Financial Commercial Analyst | 4,180 EUR | -1% |
| Financial Compliance Analyst | 4,620 EUR | +10% |
| Financial Compliance Officer | 4,670 EUR | +11% |
| Financial Consultant | 3,970 EUR | -6% |
| Financial Controller | 4,490 EUR | +6% |
| Financial Coordinator | 2,720 EUR | -36% |
| Financial Customer Service Manager | 5,100 EUR | +21% |
| Financial Data Scientist | 5,340 EUR | +27% |
| Financial Dealer and Broker | 3,250 EUR | -23% |
| Financial Director | 8,790 EUR | +110% |
| Financial Encoder | 2,560 EUR | -39% |
| Financial Manager | 7,700 EUR | +83% |
| Financial Modelling Analyst | 5,020 EUR | +19% |
| Financial Operations Manager | 7,240 EUR | +72% |
| Financial Policy Analyst | 4,370 EUR | +4% |
| Financial Project Manager | 5,780 EUR | +37% |
| Financial Quantitative Analyst | 4,980 EUR | +18% |
| Financial Reporting Consultant | 4,270 EUR | +1% |
| Financial Reporting Manager | 5,390 EUR | +28% |
| Financial Section Head | 5,450 EUR | +29% |
| Financial Services Manager | 7,680 EUR | +82% |
| Financial Services Sales Agent | 3,030 EUR | -28% |
| Financial Technology Consultant | 4,730 EUR | +12% |
| Financial Wellness Coach | 6,020 EUR | +43% |
| FinTech Analyst | 4,920 EUR | +17% |
| Fixed Assets Administrator | 2,950 EUR | -30% |
| Forensic Accountant | 3,530 EUR | -16% |
| Fraud Detection Supervisor | 3,700 EUR | -12% |
| Fraud Prevention Manager | 5,980 EUR | +42% |
| Fund Accountant | 2,730 EUR | -35% |
| Grants Coordinator | 2,090 EUR | -50% |
| Green Finance Analyst | 4,230 EUR | +0% |
| Group Financial Manager | 8,220 EUR | +95% |
| Internal Auditor | 4,000 EUR | -5% |
| Internal Control Adviser | 4,730 EUR | +12% |
| Internal Control Officer | 2,550 EUR | -40% |
| International Tax Director | 7,070 EUR | +68% |
| Inventory Accountant | 3,110 EUR | -26% |
| Investment Advisor | 7,440 EUR | +76% |
| Investment Analyst | 5,920 EUR | +40% |
| Investment Associate | 4,780 EUR | +13% |
| Investment Broker | 4,900 EUR | +16% |
| Investment Fund Manager | 6,190 EUR | +47% |
| Investment Operations Manager | 6,340 EUR | +50% |
| Investment Underwriter | 2,540 EUR | -40% |
| Investor | 3,660 EUR | -13% |
| Investor Relations Manager | 5,540 EUR | +31% |
| KYC Team Leader | 5,450 EUR | +29% |
| Loan Processor | 2,320 EUR | -45% |
| Management Accountant | 3,230 EUR | -23% |
| Management Economist | 6,420 EUR | +52% |
| Paymaster | 2,340 EUR | -45% |
| Payroll Administrator | 3,730 EUR | -12% |
| Payroll Benefits Coordinator | 3,270 EUR | -22% |
| Payroll Billing Manager | 5,270 EUR | +25% |
| Payroll Clerk | 2,400 EUR | -43% |
| Payroll Manager | 5,430 EUR | +29% |
| Payroll Officer | 2,450 EUR | -42% |
| Payroll Specialist | 3,150 EUR | -25% |
| Payroll Supervisor | 3,690 EUR | -13% |
| Pensions Administrator | 2,920 EUR | -31% |
| Personal Financial Advisor | 4,380 EUR | +4% |
| Pricing Analyst | 4,920 EUR | +17% |
| Private Equity Analyst | 5,290 EUR | +25% |
| Project Accountant | 3,000 EUR | -29% |
| Proposal Development Coordinator | 2,450 EUR | -42% |
| Quantitative Trader | 4,340 EUR | +3% |
| Receivables Accountant | 2,560 EUR | -39% |
| Regulatory Accountant | 3,200 EUR | -24% |
| Retirement Plan Analyst | 4,790 EUR | +14% |
| Revenue Management Specialist | 4,860 EUR | +15% |
| Revenue Recognition Analyst | 5,300 EUR | +26% |
| Risk Management Director | 6,920 EUR | +64% |
| Risk Management Supervisor | 5,550 EUR | +32% |
| Staff Accountant | 2,720 EUR | -36% |
| Tax Accountant | 2,750 EUR | -35% |
| Tax Administrator | 2,980 EUR | -29% |
| Tax Advisor | 4,540 EUR | +8% |
| Tax Analyst | 4,420 EUR | +5% |
| Tax Associate | 2,410 EUR | -43% |
| Tax Consultant | 4,490 EUR | +6% |
| Tax Director | 7,010 EUR | +66% |
| Tax Examiner | 2,930 EUR | -31% |
| Tax Manager | 6,170 EUR | +46% |
| Tax Research Manager | 6,010 EUR | +42% |
| Teller | 1,710 EUR | -59% |
| Treasury Accountant | 3,020 EUR | -28% |
| Treasury Analyst | 4,880 EUR | +16% |
| Underwriter | 1,970 EUR | -53% |
| Underwriting Assistant | 1,990 EUR | -53% |
| Vice President of Finance | 8,240 EUR | +95% |
Salary Comparison By City
| City | Average Salary |
| Milano | 4,220 EUR |
| Rome | 4,390 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 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 Accounts Receivable Administrator in Milano?
A good and competitive compensation would range anywhere between 3,940 EUR and 4,500 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 Accounts Receivable Administrator in Milano ranges from 2,070 EUR to 3,220 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
