Budget Manager Average Salary in Stuttgart 2024
How much money does a person working as Budget Manager make in Stuttgart?
LOW
2,690
EUR AVERAGE
5,170
EUR HIGH
7,910
EUR
A person working as Budget Manager in Stuttgart typically earns around 5,170 EUR. Salaries range from 2,690 EUR (lowest) to 7,910 EUR (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Budget Manager salaries in Stuttgart vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Budget Manager Pay Scale and Salaries in Stuttgart
Salary Structure and Pay Scale Comparison
4,680 EUR or more
4,170 to 4,680 EUR
3,040 EUR or less
3,040 to 4,170 EUR
 2,690 EUR |
4,700 EUR |
7,910 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 Budget Manager in Stuttgart range from 2,690 EUR (starting salary) to 7,910 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 4,700 EUR, half of the professionals who work as Budget Manager in Stuttgart 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 Budget Manager in Stuttgart earn less than 3,900 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 5,340 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 Budget Manager in Stuttgart compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 3,040 EUR to 4,170 EUR. About 20% of salaries are below the 3,040 EUR mark, while 10% fall within the range of 4,170 EUR to 4,680 EUR. Only 5% of individuals have salaries exceeding 4,680 EUR.
Salary Comparison by Years of Experience / Budget Manager / Stuttgart
How do experience and age affect pay?
| 0 - 2 Years | 3,050 EUR | |
| 2 - 5 Years | +34% | 4,100 EUR |
| 5 - 10 Years | +30% | 5,330 EUR |
| 10 - 15 Years | +21% | 6,450 EUR |
| 15 - 20 Years | +9% | 7,050 EUR |
| 20+ Years | +5% | 7,410 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 Budget Manager and this is what we found.
Employees with less than two years of experience earn approximately 3,050 EUR.
While someone with an experience level between two and five years is expected to earn 4,100 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 5,330 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 6,450 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 7,050 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 7,410 EUR, 5% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Budget Manager / Stuttgart
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Budget Manager.
| Certificate or Diploma | 3,630 EUR | |
| Bachelor's Degree | +52% | 5,510 EUR |
| Master's Degree | +42% | 7,810 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 Budget Manager in order to make a comparison.
Level 1: Certificate or Diploma
Employees at this education level have an average salary of 3,630 EUR.
Level 2: Bachelor's Degree
At this level, the average salary becomes 5,510 EUR, 52% more than the previous level.
Level 3: Master's Degree
At this level, the average salary becomes 7,810 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 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 / Budget Manager / Stuttgart
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 Budget Manager in Germany, the average difference between the salary of male and female employees is 6%.
| Male | 5,330 EUR | |
| Female | -6% | 5,020 EUR |
Salary Comparison By Gender in Germany for all Careers
Average Annual Salary Increment Percentage / Budget Manager / Stuttgart
How much are annual salary increments in Stuttgart for individuals working as Budget Manager? How often do employees get salary raises?
Individuals working as Budget 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 / Budget Manager / Germany
How much and how often are bonuses being awarded?
Share This Chart Tweet Get Chart Linkhttp://www.salaryexplorer.com/charts/germany/accounting-and-finance/budget-manager/annual-salary-bonus-rate-germany-budget-manager.jpg
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 / Budget Manager / Stuttgart
30 EUR per hourThe average hourly wage (pay per hour) for individuals working as Budget Manager in Stuttgart is 30 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 Budget Manager in Stuttgart is 16 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 | 1,910 EUR | -63% |
| Account Executive | 3,520 EUR | -32% |
| Accountant | 2,530 EUR | -51% |
| Accounting Analyst | 3,400 EUR | -34% |
| Accounting Assistant | 1,950 EUR | -62% |
| Accounting Associate | 1,830 EUR | -65% |
| Accounting Clerk | 1,600 EUR | -69% |
| Accounting Coordinator | 2,290 EUR | -56% |
| Accounting Head | 5,570 EUR |  +8% |
| Accounting Manager | 5,810 EUR | +12% |
| Accounting Officer | 2,020 EUR | -61% |
| Accounting Specialist | 3,640 EUR | -30% |
| Accounting Supervisor | 3,760 EUR | -27% |
| Accounting Technician | 1,780 EUR | -66% |
| Accounting Unit Controller | 4,570 EUR | -12% |
| Accounts Executive | 3,320 EUR | -36% |
| Accounts Officer | 2,080 EUR | -60% |
| Accounts Payable and Receivable Specialist | 2,690 EUR | -48% |
| Accounts Payable Assistant | 2,130 EUR | -59% |
| Accounts Payable Associate | 2,520 EUR | -51% |
| Accounts Payable Clerk | 2,000 EUR | -61% |
| Accounts Payable Manager | 5,240 EUR | +1% |
| Accounts Receivable Administrator | 3,740 EUR | -28% |
| Accounts Receivable Clerk | 1,940 EUR | -62% |
| Accounts Receivable Financial Analyst | 3,720 EUR | -28% |
| Accounts Receivable Manager | 5,010 EUR | -3% |
| Accounts Receivable Team Leader | 4,030 EUR | -22% |
| Algorithmic Trading Specialist | 4,660 EUR | -10% |
| Assistant Accountant | 1,930 EUR | -63% |
| Assistant Accounting Manager | 5,040 EUR | -3% |
| Assistant Auditor | 2,580 EUR | -50% |
| Assistant Corporate Controller | 3,470 EUR | -33% |
| Assistant Finance Manager | 5,530 EUR | +7% |
| Assistant Financial Controller | 3,520 EUR | -32% |
| Audit Director | 5,850 EUR | +13% |
| Audit Supervisor | 4,830 EUR | -7% |
| Auditing Clerk | 2,080 EUR | -60% |
| Auditing Manager | 5,720 EUR | +11% |
| Billing Clerk | 1,950 EUR | -62% |
| Billing Coordinator | 2,290 EUR | -56% |
| Billing Specialist | 2,790 EUR | -46% |
| Billing Supervisor | 4,020 EUR | -22% |
| Bookkeeper | 1,700 EUR | -67% |
| Bookkeeping Specialist | 2,420 EUR | -53% |
| Budget Analyst | 4,390 EUR | -15% |
| Budget Manager | 5,170 EUR | = |
| Business Support Analyst | 2,910 EUR | -44% |
| Capital Markets Associate | 4,060 EUR | -21% |
| Cash Flow Analyst | 4,120 EUR | -20% |
| Cash Management Manager | 5,320 EUR | +3% |
| Cash Management Officer | 3,050 EUR | -41% |
| Cashbook Clerk | 1,810 EUR | -65% |
| Chartered Accountant | 3,330 EUR | -36% |
| Chief Accountant | 4,080 EUR | -21% |
| Chief Financial Technology Officer | 5,500 EUR | +6% |
| Collections Clerk | 1,580 EUR | -69% |
| Collections Representative | 2,290 EUR | -56% |
| Collections Specialist | 2,730 EUR | -47% |
| Corporate Controller | 4,310 EUR | -17% |
| Corporate Treasurer | 5,130 EUR | -1% |
| Cost Accountant | 2,530 EUR | -51% |
| Cost Accounting Manager | 5,250 EUR | +2% |
| Cost Accounting Supervisor | 4,370 EUR | -15% |
| Cost Analyst | 4,140 EUR | -20% |
| Credit and Collection Manager | 5,010 EUR | -3% |
| Credit and Collection Staff | 2,000 EUR | -61% |
| Credit and Loans Officer | 1,850 EUR | -64% |
| Credit Controller | 3,670 EUR | -29% |
| Credit Manager | 5,250 EUR | +2% |
| Debt Adviser | 4,200 EUR | -19% |
| Debt Collector | 2,230 EUR | -57% |
| Debtors Clerk | 1,760 EUR | -66% |
| Debtors Controller | 2,020 EUR | -61% |
| Deputy CFO | 7,380 EUR | +43% |
| Deputy Head of Finance | 7,170 EUR | +39% |
| Derivative Trader | 4,680 EUR | -9% |
| Director of Finance | 7,450 EUR | +44% |
| E-commerce Accountant | 2,860 EUR | -45% |
| Economist | 6,080 EUR | +18% |
| Equity Analyst | 4,730 EUR | -9% |
| Escrow Assistant | 2,450 EUR | -53% |
| Executive Accountant | 2,880 EUR | -44% |
| External Auditor | 3,800 EUR | -26% |
| Finance Administrator | 3,120 EUR | -40% |
| Finance Analyst | 4,650 EUR | -10% |
| Finance Associate | 2,290 EUR | -56% |
| Finance Data Analyst | 4,430 EUR | -14% |
| Finance Director | 7,640 EUR | +48% |
| Finance Executive | 5,750 EUR | +11% |
| Finance Licensing Clerk | 1,950 EUR | -62% |
| Finance Licensing Manager | 5,070 EUR | -2% |
| Finance Licensing Specialist | 2,830 EUR | -45% |
| Finance Manager | 7,150 EUR | +38% |
| Finance Officer | 2,540 EUR | -51% |
| Finance President | 7,450 EUR | +44% |
| Finance Relationship Manager | 6,330 EUR | +22% |
| Finance Release Analyst | 2,970 EUR | -43% |
| Finance Specialist | 4,160 EUR | -20% |
| Finance Team Leader | 5,710 EUR | +10% |
| Financial Accountant | 2,720 EUR | -47% |
| Financial Actuary | 4,000 EUR | -23% |
| Financial Administrator | 4,310 EUR | -17% |
| Financial Advisor | 4,960 EUR | -4% |
| Financial Analyst | 4,550 EUR | -12% |
| Financial Applications Specialist | 3,360 EUR | -35% |
| Financial Assistant | 2,130 EUR | -59% |
| Financial Associate | 2,580 EUR | -50% |
| Financial Claims Analyst | 3,470 EUR | -33% |
| Financial Claims Manager | 4,520 EUR | -13% |
| Financial Claims Supervisor | 4,570 EUR | -12% |
| Financial Clerk | 2,110 EUR | -59% |
| Financial Commercial Analyst | 3,740 EUR | -28% |
| Financial Compliance Analyst | 4,260 EUR | -18% |
| Financial Compliance Officer | 4,280 EUR | -17% |
| Financial Consultant | 3,500 EUR | -32% |
| Financial Controller | 4,060 EUR | -21% |
| Financial Coordinator | 2,390 EUR | -54% |
| Financial Customer Service Manager | 5,020 EUR | -3% |
| Financial Data Scientist | 4,960 EUR | -4% |
| Financial Dealer and Broker | 2,780 EUR | -46% |
| Financial Director | 7,800 EUR | +51% |
| Financial Encoder | 2,310 EUR | -55% |
| Financial Manager | 7,740 EUR | +50% |
| Financial Modelling Analyst | 4,720 EUR | -9% |
| Financial Operations Manager | 6,930 EUR | +34% |
| Financial Policy Analyst | 4,160 EUR | -20% |
| Financial Project Manager | 5,440 EUR | +5% |
| Financial Quantitative Analyst | 4,680 EUR | -9% |
| Financial Reporting Consultant | 3,740 EUR | -28% |
| Financial Reporting Manager | 5,130 EUR | -1% |
| Financial Section Head | 5,000 EUR | -3% |
| Financial Services Manager | 6,930 EUR | +34% |
| Financial Services Sales Agent | 2,920 EUR | -44% |
| Financial Technology Consultant | 4,070 EUR | -21% |
| Financial Wellness Coach | 5,220 EUR | +1% |
| FinTech Analyst | 4,320 EUR | -16% |
| Fixed Assets Administrator | 2,830 EUR | -45% |
| Forensic Accountant | 3,190 EUR | -38% |
| Fraud Detection Supervisor | 3,340 EUR | -35% |
| Fraud Prevention Manager | 5,440 EUR | +5% |
| Fund Accountant | 2,510 EUR | -51% |
| Grants Coordinator | 1,890 EUR | -63% |
| Green Finance Analyst | 3,950 EUR | -24% |
| Group Financial Manager | 7,230 EUR | +40% |
| Internal Auditor | 3,570 EUR | -31% |
| Internal Control Adviser | 4,260 EUR | -18% |
| Internal Control Officer | 2,320 EUR | -55% |
| International Tax Director | 6,080 EUR | +18% |
| Inventory Accountant | 2,760 EUR | -47% |
| Investment Advisor | 6,930 EUR | +34% |
| Investment Analyst | 5,040 EUR | -3% |
| Investment Associate | 4,390 EUR | -15% |
| Investment Broker | 4,210 EUR | -19% |
| Investment Fund Manager | 5,740 EUR | +11% |
| Investment Operations Manager | 6,100 EUR | +18% |
| Investment Underwriter | 2,150 EUR | -58% |
| Investor | 3,470 EUR | -33% |
| Investor Relations Manager | 5,330 EUR | +3% |
| KYC Team Leader | 4,930 EUR | -5% |
| Loan Processor | 2,080 EUR | -60% |
| Management Accountant | 3,030 EUR | -41% |
| Management Economist | 6,170 EUR | +19% |
| Paymaster | 2,090 EUR | -60% |
| Payroll Administrator | 3,390 EUR | -34% |
| Payroll Benefits Coordinator | 3,020 EUR | -42% |
| Payroll Billing Manager | 4,920 EUR | -5% |
| Payroll Clerk | 2,210 EUR | -57% |
| Payroll Manager | 5,040 EUR | -3% |
| Payroll Officer | 2,310 EUR | -55% |
| Payroll Specialist | 2,720 EUR | -47% |
| Payroll Supervisor | 3,470 EUR | -33% |
| Pensions Administrator | 2,810 EUR | -46% |
| Personal Financial Advisor | 4,010 EUR | -22% |
| Pricing Analyst | 4,570 EUR | -12% |
| Private Equity Analyst | 4,470 EUR | -14% |
| Project Accountant | 2,710 EUR | -48% |
| Proposal Development Coordinator | 2,360 EUR | -54% |
| Quantitative Trader | 3,750 EUR | -27% |
| Receivables Accountant | 2,490 EUR | -52% |
| Regulatory Accountant | 2,760 EUR | -47% |
| Retirement Plan Analyst | 4,310 EUR | -17% |
| Revenue Management Specialist | 4,420 EUR | -15% |
| Revenue Recognition Analyst | 4,910 EUR | -5% |
| Risk Management Director | 6,150 EUR | +19% |
| Risk Management Supervisor | 4,980 EUR | -4% |
| Staff Accountant | 2,500 EUR | -52% |
| Tax Accountant | 2,480 EUR | -52% |
| Tax Administrator | 2,880 EUR | -44% |
| Tax Advisor | 4,000 EUR | -23% |
| Tax Analyst | 3,940 EUR | -24% |
| Tax Associate | 2,200 EUR | -57% |
| Tax Consultant | 4,040 EUR | -22% |
| Tax Director | 6,390 EUR | +24% |
| Tax Examiner | 2,830 EUR | -45% |
| Tax Manager | 5,600 EUR | +8% |
| Tax Research Manager | 5,520 EUR | +7% |
| Teller | 1,590 EUR | -69% |
| Treasury Accountant | 2,760 EUR | -47% |
| Treasury Analyst | 4,270 EUR | -17% |
| Underwriter | 1,850 EUR | -64% |
| Underwriting Assistant | 1,710 EUR | -67% |
| Vice President of Finance | 7,420 EUR | +44% |
Salary Comparison By City
| City | Average Salary |
| Berlin | 5,780 EUR |
| Dortmund | 4,970 EUR |
| Frankfurt | 5,830 EUR |
| Hamburg | 5,800 EUR |
| Munchen | 5,810 EUR |
| Stuttgart | 5,170 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 Budget Manager in Stuttgart?
A good and competitive compensation would range anywhere between 4,700 EUR and 5,340 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 Budget Manager in Stuttgart ranges from 2,690 EUR to 3,900 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
