Loan Quality Assurance Auditor Average Salary in Stuttgart 2024
How much money does a person working as Loan Quality Assurance Auditor make in Stuttgart?
LOW
2,310
EUR AVERAGE
4,350
EUR HIGH
6,610
EUR
A person working as Loan Quality Assurance Auditor in Stuttgart typically earns around 4,350 EUR. Salaries range from 2,310 EUR (lowest) to 6,610 EUR (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Loan Quality Assurance Auditor salaries in Stuttgart vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Loan Quality Assurance Auditor Pay Scale and Salaries in Stuttgart
Salary Structure and Pay Scale Comparison
3,910 EUR or more
3,490 to 3,910 EUR
2,570 EUR or less
2,570 to 3,490 EUR
 2,310 EUR |
3,920 EUR |
6,610 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 Loan Quality Assurance Auditor in Stuttgart range from 2,310 EUR (starting salary) to 6,610 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 3,920 EUR, half of the professionals who work as Loan Quality Assurance Auditor 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 Loan Quality Assurance Auditor in Stuttgart earn less than 3,270 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 4,440 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 Loan Quality Assurance Auditor in Stuttgart compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 2,570 EUR to 3,490 EUR. About 20% of salaries are below the 2,570 EUR mark, while 10% fall within the range of 3,490 EUR to 3,910 EUR. Only 5% of individuals have salaries exceeding 3,910 EUR.
Salary Comparison by Years of Experience / Loan Quality Assurance Auditor / Stuttgart
How do experience and age affect pay?
| 0 - 2 Years | 2,650 EUR | |
| 2 - 5 Years | +23% | 3,250 EUR |
| 5 - 10 Years | +42% | 4,610 EUR |
| 10 - 15 Years | +17% | 5,380 EUR |
| 15 - 20 Years | +10% | 5,920 EUR |
| 20+ Years | +6% | 6,270 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 Loan Quality Assurance Auditor and this is what we found.
Employees with less than two years of experience earn approximately 2,650 EUR.
While someone with an experience level between two and five years is expected to earn 3,250 EUR, 23% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 4,610 EUR, 42% 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 5,380 EUR, 17% 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 5,920 EUR, 10% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 6,270 EUR, 6% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Loan Quality Assurance Auditor / Stuttgart
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Loan Quality Assurance Auditor.
| Bachelor's Degree | 2,990 EUR | |
| Master's Degree | +93% | 5,790 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 Loan Quality Assurance Auditor in order to make a comparison.
Level 1: Bachelor's Degree
Employees at this education level have an average salary of 2,990 EUR.
Level 2: Master's Degree
At this level, the average salary becomes 5,790 EUR, 93% 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 / Loan Quality Assurance Auditor / 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 Loan Quality Assurance Auditor in Germany, the average difference between the salary of male and female employees is 6%.
| Male | 4,100 EUR | |
| Female | -6% | 3,870 EUR |
Salary Comparison By Gender in Germany for all Careers
Average Annual Salary Increment Percentage / Loan Quality Assurance Auditor / Stuttgart
How much are annual salary increments in Stuttgart for individuals working as Loan Quality Assurance Auditor? How often do employees get salary raises?
Individuals working as Loan Quality Assurance Auditor 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 / Loan Quality Assurance Auditor / Germany
How much and how often are bonuses being awarded?
Share This Chart Tweet Get Chart Linkhttp://www.salaryexplorer.com/charts/germany/banking/loan-quality-assurance-auditor/annual-salary-bonus-rate-germany-loan-quality-assurance-auditor.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 / Loan Quality Assurance Auditor / Stuttgart
25 EUR per hourThe average hourly wage (pay per hour) for individuals working as Loan Quality Assurance Auditor in Stuttgart is 25 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 Loan Quality Assurance Auditor in Stuttgart is 13 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 |
| Banking |  -100% | |
| AML Analyst | 5,690 EUR |  +31% |
| Assistant Bank Branch Manager | 4,840 EUR | +11% |
| Assistant Bank Manager | 6,310 EUR | +45% |
| ATM Manager | 5,250 EUR | +21% |
| ATM Service Technician | 1,580 EUR | -64% |
| Bank Accounts Analyst | 2,250 EUR | -48% |
| Bank Accounts Collector | 1,310 EUR | -70% |
| Bank Accounts Controller | 2,850 EUR | -34% |
| Bank Accounts Executive | 4,160 EUR | -4% |
| Bank Accounts Manager | 4,750 EUR | +9% |
| Bank Auditing Manager | 5,000 EUR | +15% |
| Bank Branch Manager | 6,700 EUR | +54% |
| Bank Branch Operations Coordinator | 2,970 EUR | -32% |
| Bank Clerk | 1,280 EUR | -71% |
| Bank Client Service Associate | 1,760 EUR | -60% |
| Bank Collector | 1,290 EUR | -70% |
| Bank Compliance Specialist | 3,450 EUR | -21% |
| Bank Manager | 7,970 EUR | +83% |
| Bank Operational Risk Manager | 8,070 EUR | +86% |
| Bank Operations Head | 8,380 EUR | +93% |
| Bank Operations Officer | 3,080 EUR | -29% |
| Bank Operations Specialist | 4,910 EUR | +13% |
| Bank Process Manager | 4,540 EUR | +4% |
| Bank Product Manager | 5,260 EUR | +21% |
| Bank Programme Manager | 5,280 EUR | +21% |
| Bank Project Manager | 6,180 EUR | +42% |
| Bank Propositions Manager | 5,550 EUR | +28% |
| Bank Quantitative Analyst | 3,830 EUR | -12% |
| Bank Regional Manager | 8,110 EUR | +87% |
| Bank Regional Risk Officer | 3,990 EUR | -8% |
| Bank Relationship Manager | 5,850 EUR | +35% |
| Bank Relationship Officer | 2,680 EUR | -38% |
| Bank Sustainability Analyst | 4,730 EUR | +9% |
| Bank Teller | 1,430 EUR | -67% |
| Banker | 2,740 EUR | -37% |
| Banking Business Analyst | 4,180 EUR | -4% |
| Banking Business Development Officer | 2,670 EUR | -39% |
| Banking Business Planning Executive | 5,890 EUR | +35% |
| Banking Data Analyst | 4,790 EUR | +10% |
| Banking Product Manager | 5,280 EUR | +21% |
| Banking Reference Data Manager | 4,290 EUR | -1% |
| Banking Regulatory Compliance Officer | 4,840 EUR | +11% |
| Banking Risk Analyst | 4,050 EUR | -7% |
| Banking Technical Analyst | 2,230 EUR | -49% |
| Bankruptcy Coordinator | 2,870 EUR | -34% |
| Bill and Account Collector | 1,460 EUR | -66% |
| Blockchain Analyst | 3,360 EUR | -23% |
| Blockchain Architect | 4,250 EUR | -2% |
| Blockchain Auditor | 3,710 EUR | -15% |
| Blockchain Compliance Analyst | 3,770 EUR | -13% |
| Blockchain Consultant | 3,900 EUR | -10% |
| Blockchain Trade Facilitator | 3,460 EUR | -20% |
| Budget Analyst | 3,930 EUR | -10% |
| Capital Risk Manager | 7,600 EUR | +75% |
| Cards Marketing Manager | 5,320 EUR | +22% |
| Cash Management Manager | 7,350 EUR | +69% |
| Check Processing Manager | 5,360 EUR | +23% |
| Chief Blockchain Officer | 4,730 EUR | +9% |
| Commercial Vault Associate | 4,160 EUR | -4% |
| Corporate Banker | 3,030 EUR | -30% |
| Corporate Dealer | 4,070 EUR | -6% |
| Credit Analyst | 3,070 EUR | -29% |
| Credit and Collections Manager | 5,800 EUR | +33% |
| Credit Card Fraud Investigator | 4,380 EUR | +1% |
| Credit Portfolio Manager | 7,610 EUR | +75% |
| Credit Risk Analyst | 4,740 EUR | +9% |
| Credit Risk Associate | 4,440 EUR | +2% |
| Cryptocurrency Accountant | 2,610 EUR | -40% |
| Cryptocurrency Adviser | 5,000 EUR | +15% |
| Cryptocurrency Analyst | 3,690 EUR | -15% |
| Cryptocurrency Compliance Manager | 4,510 EUR | +4% |
| Cryptocurrency Trader | 4,400 EUR | +1% |
| Digital Banking Manager | 5,380 EUR | +24% |
| Digital Currency Analyst | 4,040 EUR | -7% |
| Direct Bank Sales Representative | 2,960 EUR | -32% |
| Exchange Control Consultant | 4,440 EUR | +2% |
| Executive Account Analyst | 3,860 EUR | -11% |
| Financial Bank Planning Consultant | 5,060 EUR | +16% |
| Financial Banking Analysis Manager | 5,970 EUR | +37% |
| Financial Banking Assistant | 1,910 EUR | -56% |
| Financial Banking Systems Manager | 5,360 EUR | +23% |
| Foreign Exchange Manager | 6,240 EUR | +44% |
| Fraud Analyst | 4,270 EUR | -2% |
| Fraud Detection Associate | 3,050 EUR | -30% |
| Fraud Detection Manager | 6,200 EUR | +43% |
| Fraud Detection Supervisor | 3,630 EUR | -17% |
| Internal Bank Audit Manager | 7,340 EUR | +69% |
| Internal Bank Auditor | 3,840 EUR | -12% |
| Internal Private Banker | 2,960 EUR | -32% |
| International Banking Manager | 7,990 EUR | +84% |
| Investment Banking Analyst | 6,040 EUR | +39% |
| Loan Analyst | 3,990 EUR | -8% |
| Loan Area Manager | 4,970 EUR | +14% |
| Loan Audit Team Leader | 4,650 EUR | +7% |
| Loan Branch Manager | 4,540 EUR | +4% |
| Loan Business Development Officer | 2,410 EUR | -45% |
| Loan Clerk | 1,390 EUR | -68% |
| Loan Collection and Recovery Manager | 5,040 EUR | +16% |
| Loan Collection Manager | 5,110 EUR | +18% |
| Loan Collector | 1,350 EUR | -69% |
| Loan Examiner | 1,780 EUR | -59% |
| Loan Officer | 1,600 EUR | -63% |
| Loan Processing Manager | 4,320 EUR | -1% |
| Loan Processor | 1,780 EUR | -59% |
| Loan Quality Assurance Auditor | 4,350 EUR | +0% |
| Loan Quality Assurance Manager | 4,770 EUR | +10% |
| Loan Quality Assurance Representative | 3,130 EUR | -28% |
| Loan Review Manager | 4,660 EUR | +7% |
| Loan Team Leader | 4,100 EUR | -6% |
| Loans Manager | 5,660 EUR | +30% |
| Mortgage Advisor | 2,780 EUR | -36% |
| Mortgage Collection Manager | 4,610 EUR | +6% |
| Mortgage Collector | 1,400 EUR | -68% |
| Mortgage Credit Analyst | 2,240 EUR | -48% |
| Mortgage Credit Manager | 4,650 EUR | +7% |
| Mortgage Development Manager | 5,250 EUR | +21% |
| Mortgage Document Reviewer | 1,760 EUR | -60% |
| Mortgage Funding Manager | 5,140 EUR | +18% |
| Mortgage Operations Manager | 7,050 EUR | +62% |
| Mortgage Payment Processing Clerk | 1,530 EUR | -65% |
| Mortgage Processing Manager | 4,480 EUR | +3% |
| Mortgage Processor | 1,920 EUR | -56% |
| Mortgage Quality Assurance Auditor | 3,910 EUR | -10% |
| Mortgage Quality Assurance Manager | 4,870 EUR | +12% |
| Mortgage Servicing Clerk | 1,460 EUR | -66% |
| Mortgage Servicing Manager | 4,570 EUR | +5% |
| Mortgage Underwriter | 1,790 EUR | -59% |
| Online Banking Manager | 7,400 EUR | +70% |
| Open Banking Strategist | 4,240 EUR | -2% |
| Payment Processing Clerk | 1,490 EUR | -66% |
| Personal Banker | 2,880 EUR | -34% |
| Personal Banking Advisor | 3,080 EUR | -29% |
| Phone Banker | 1,940 EUR | -55% |
| Private Banker | 2,990 EUR | -31% |
| Reconciliation and Investigation Specialist | 3,470 EUR | -20% |
| Tax Officer | 2,540 EUR | -42% |
| Teller | 1,350 EUR | -69% |
| Trade Officer | 1,640 EUR | -62% |
| Trade Product Manager | 4,630 EUR | +6% |
| Trader | 2,110 EUR | -51% |
| Treasury Operations Officer | 3,770 EUR | -13% |
| Wealth Management Advisor | 6,240 EUR | +44% |
Salary Comparison By City
| City | Average Salary |
| Berlin | 4,700 EUR |
| Dortmund | 3,960 EUR |
| Frankfurt | 4,230 EUR |
| Hamburg | 4,460 EUR |
| Munchen | 4,690 EUR |
| Stuttgart | 4,350 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 Loan Quality Assurance Auditor in Stuttgart?
A good and competitive compensation would range anywhere between 3,920 EUR and 4,440 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 Loan Quality Assurance Auditor in Stuttgart ranges from 2,310 EUR to 3,270 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
