Bank Branch Manager Average Salary in Taipei 2024
How much money does a person working as Bank Branch Manager make in Taipei?
LOW
121,000
TWD AVERAGE
246,000
TWD HIGH
385,000
TWD
A person working as Bank Branch Manager in Taipei typically earns around 246,000 TWD. Salaries range from 121,000 TWD (lowest) to 385,000 TWD (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Bank Branch Manager salaries in Taipei vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Bank Branch Manager Pay Scale and Salaries in Taipei
Salary Structure and Pay Scale Comparison
229,000 TWD or more
202,000 to 229,000 TWD
143,000 TWD or less
143,000 to 202,000 TWD
 121,000 TWD |
230,000 TWD |
385,000 TWD |
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 Bank Branch Manager in Taipei range from 121,000 TWD (starting salary) to 385,000 TWD (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 230,000 TWD, half of the professionals who work as Bank Branch Manager in Taipei 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 Bank Branch Manager in Taipei earn less than 188,000 TWD, while 75% earn more. Similarly, the chart shows that 75% earn less than 263,000 TWD 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 Bank Branch Manager in Taipei compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 143,000 TWD to 202,000 TWD. About 20% of salaries are below the 143,000 TWD mark, while 10% fall within the range of 202,000 TWD to 229,000 TWD. Only 5% of individuals have salaries exceeding 229,000 TWD.
Salary Comparison by Years of Experience / Bank Branch Manager / Taipei
How do experience and age affect pay?
| 0 - 2 Years | 143,000 TWD | |
| 2 - 5 Years | +29% | 184,000 TWD |
| 5 - 10 Years | +38% | 254,000 TWD |
| 10 - 15 Years | +24% | 315,000 TWD |
| 15 - 20 Years | +7% | 337,000 TWD |
| 20+ Years | +7% | 359,000 TWD |
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 Bank Branch Manager and this is what we found.
Employees with less than two years of experience earn approximately 143,000 TWD.
While someone with an experience level between two and five years is expected to earn 184,000 TWD, 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 254,000 TWD, 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 315,000 TWD, 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 337,000 TWD, 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 359,000 TWD, 7% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Bank Branch Manager / Taipei
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Bank Branch Manager.
| Bachelor's Degree | 179,000 TWD | |
| Master's Degree | +60% | 287,000 TWD |
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 Bank Branch Manager in order to make a comparison.
Level 1: Bachelor's Degree
Employees at this education level have an average salary of 179,000 TWD.
Level 2: Master's Degree
At this level, the average salary becomes 287,000 TWD, 60% 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 Taiwan costs anywhere from 649,000 TWD to 1,950,000 TWD 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 / Bank Branch Manager / Taipei
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 Bank Branch Manager in Taiwan, the average difference between the salary of male and female employees is 16%.
| Male | 263,000 TWD | |
| Female | -14% | 226,000 TWD |
Salary Comparison By Gender in Taiwan for all Careers
Average Annual Salary Increment Percentage / Bank Branch Manager / Taipei
How much are annual salary increments in Taipei for individuals working as Bank Branch Manager? How often do employees get salary raises?
Individuals working as Bank Branch Manager in Taiwan are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.
Taiwan / 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 / Bank Branch Manager / Taiwan
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 / Bank Branch Manager / Taipei
1,420 TWD per hourThe average hourly wage (pay per hour) for individuals working as Bank Branch Manager in Taipei is 1,420 TWD.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 Bank Branch Manager in Taipei is 700 TWD. 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 | 211,000 TWD | -14% |
| Assistant Bank Branch Manager | 169,000 TWD | -31% |
| Assistant Bank Manager | 222,000 TWD | -10% |
| ATM Manager | 194,000 TWD | -21% |
| ATM Service Technician | 55,400 TWD | -78% |
| Bank Accounts Analyst | 76,600 TWD | -69% |
| Bank Accounts Collector | 47,000 TWD | -81% |
| Bank Accounts Controller | 95,600 TWD | -61% |
| Bank Accounts Executive | 147,000 TWD | -40% |
| Bank Accounts Manager | 176,000 TWD | -29% |
| Bank Auditing Manager | 167,000 TWD | -32% |
| Bank Branch Manager | 246,000 TWD | -0% |
| Bank Branch Operations Coordinator | 105,000 TWD | -57% |
| Bank Clerk | 44,400 TWD | -82% |
| Bank Client Service Associate | 66,000 TWD | -73% |
| Bank Collector | 47,600 TWD | -81% |
| Bank Compliance Specialist | 126,000 TWD | -49% |
| Bank Manager | 273,000 TWD |  +11% |
| Bank Operational Risk Manager | 279,000 TWD | +13% |
| Bank Operations Head | 288,000 TWD | +17% |
| Bank Operations Officer | 110,000 TWD | -55% |
| Bank Operations Specialist | 177,000 TWD | -28% |
| Bank Process Manager | 158,000 TWD | -36% |
| Bank Product Manager | 172,000 TWD | -30% |
| Bank Programme Manager | 185,000 TWD | -25% |
| Bank Project Manager | 221,000 TWD | -10% |
| Bank Propositions Manager | 206,000 TWD | -16% |
| Bank Quantitative Analyst | 144,000 TWD | -42% |
| Bank Regional Manager | 276,000 TWD | +12% |
| Bank Regional Risk Officer | 138,000 TWD | -44% |
| Bank Relationship Manager | 210,000 TWD | -15% |
| Bank Relationship Officer | 96,700 TWD | -61% |
| Bank Sustainability Analyst | 155,000 TWD | -37% |
| Bank Teller | 49,900 TWD | -80% |
| Banker | 94,100 TWD | -62% |
| Banking Business Analyst | 146,000 TWD | -41% |
| Banking Business Development Officer | 88,700 TWD | -64% |
| Banking Business Planning Executive | 204,000 TWD | -17% |
| Banking Data Analyst | 165,000 TWD | -33% |
| Banking Product Manager | 183,000 TWD | -26% |
| Banking Reference Data Manager | 159,000 TWD | -35% |
| Banking Regulatory Compliance Officer | 175,000 TWD | -29% |
| Banking Risk Analyst | 140,000 TWD | -43% |
| Banking Technical Analyst | 74,800 TWD | -70% |
| Bankruptcy Coordinator | 98,300 TWD | -60% |
| Bill and Account Collector | 49,400 TWD | -80% |
| Blockchain Analyst | 119,000 TWD | -52% |
| Blockchain Architect | 144,000 TWD | -42% |
| Blockchain Auditor | 131,000 TWD | -47% |
| Blockchain Compliance Analyst | 127,000 TWD | -48% |
| Blockchain Consultant | 138,000 TWD | -44% |
| Blockchain Trade Facilitator | 116,000 TWD | -53% |
| Budget Analyst | 144,000 TWD | -42% |
| Capital Risk Manager | 272,000 TWD | +10% |
| Cards Marketing Manager | 181,000 TWD | -27% |
| Cash Management Manager | 256,000 TWD | +4% |
| Check Processing Manager | 177,000 TWD | -28% |
| Chief Blockchain Officer | 161,000 TWD | -35% |
| Commercial Vault Associate | 135,000 TWD | -45% |
| Corporate Banker | 106,000 TWD | -57% |
| Corporate Dealer | 148,000 TWD | -40% |
| Credit Analyst | 107,000 TWD | -57% |
| Credit and Collections Manager | 192,000 TWD | -22% |
| Credit Card Fraud Investigator | 152,000 TWD | -38% |
| Credit Portfolio Manager | 276,000 TWD | +12% |
| Credit Risk Analyst | 158,000 TWD | -36% |
| Credit Risk Associate | 146,000 TWD | -41% |
| Cryptocurrency Accountant | 94,100 TWD | -62% |
| Cryptocurrency Adviser | 171,000 TWD | -31% |
| Cryptocurrency Analyst | 133,000 TWD | -46% |
| Cryptocurrency Compliance Manager | 170,000 TWD | -31% |
| Cryptocurrency Trader | 143,000 TWD | -42% |
| Digital Banking Manager | 186,000 TWD | -25% |
| Digital Currency Analyst | 146,000 TWD | -41% |
| Direct Bank Sales Representative | 97,400 TWD | -60% |
| Exchange Control Consultant | 152,000 TWD | -38% |
| Executive Account Analyst | 137,000 TWD | -44% |
| Financial Bank Planning Consultant | 176,000 TWD | -29% |
| Financial Banking Analysis Manager | 217,000 TWD | -12% |
| Financial Banking Assistant | 65,700 TWD | -73% |
| Financial Banking Systems Manager | 194,000 TWD | -21% |
| Foreign Exchange Manager | 215,000 TWD | -13% |
| Fraud Analyst | 147,000 TWD | -40% |
| Fraud Detection Associate | 99,700 TWD | -60% |
| Fraud Detection Manager | 223,000 TWD | -10% |
| Fraud Detection Supervisor | 125,000 TWD | -49% |
| Internal Bank Audit Manager | 252,000 TWD | +2% |
| Internal Bank Auditor | 139,000 TWD | -44% |
| Internal Private Banker | 105,000 TWD | -57% |
| International Banking Manager | 303,000 TWD | +23% |
| Investment Banking Analyst | 199,000 TWD | -19% |
| Loan Analyst | 145,000 TWD | -41% |
| Loan Area Manager | 172,000 TWD | -30% |
| Loan Audit Team Leader | 161,000 TWD | -35% |
| Loan Branch Manager | 165,000 TWD | -33% |
| Loan Business Development Officer | 83,400 TWD | -66% |
| Loan Clerk | 50,500 TWD | -80% |
| Loan Collection and Recovery Manager | 165,000 TWD | -33% |
| Loan Collection Manager | 177,000 TWD | -28% |
| Loan Collector | 46,700 TWD | -81% |
| Loan Examiner | 64,400 TWD | -74% |
| Loan Officer | 54,800 TWD | -78% |
| Loan Processing Manager | 149,000 TWD | -40% |
| Loan Processor | 64,300 TWD | -74% |
| Loan Quality Assurance Auditor | 149,000 TWD | -40% |
| Loan Quality Assurance Manager | 156,000 TWD | -37% |
| Loan Quality Assurance Representative | 107,000 TWD | -57% |
| Loan Review Manager | 168,000 TWD | -32% |
| Loan Team Leader | 140,000 TWD | -43% |
| Loans Manager | 192,000 TWD | -22% |
| Mortgage Advisor | 99,800 TWD | -60% |
| Mortgage Collection Manager | 174,000 TWD | -29% |
| Mortgage Collector | 45,400 TWD | -82% |
| Mortgage Credit Analyst | 76,400 TWD | -69% |
| Mortgage Credit Manager | 166,000 TWD | -33% |
| Mortgage Development Manager | 178,000 TWD | -28% |
| Mortgage Document Reviewer | 62,800 TWD | -75% |
| Mortgage Funding Manager | 193,000 TWD | -22% |
| Mortgage Operations Manager | 250,000 TWD | +1% |
| Mortgage Payment Processing Clerk | 57,100 TWD | -77% |
| Mortgage Processing Manager | 160,000 TWD | -35% |
| Mortgage Processor | 64,900 TWD | -74% |
| Mortgage Quality Assurance Auditor | 138,000 TWD | -44% |
| Mortgage Quality Assurance Manager | 164,000 TWD | -33% |
| Mortgage Servicing Clerk | 51,900 TWD | -79% |
| Mortgage Servicing Manager | 154,000 TWD | -38% |
| Mortgage Underwriter | 63,300 TWD | -74% |
| Online Banking Manager | 241,000 TWD | -2% |
| Open Banking Strategist | 153,000 TWD | -38% |
| Payment Processing Clerk | 50,900 TWD | -79% |
| Personal Banker | 108,000 TWD | -56% |
| Personal Banking Advisor | 101,000 TWD | -59% |
| Phone Banker | 66,400 TWD | -73% |
| Private Banker | 107,000 TWD | -57% |
| Reconciliation and Investigation Specialist | 123,000 TWD | -50% |
| Tax Officer | 86,400 TWD | -65% |
| Teller | 50,700 TWD | -79% |
| Trade Officer | 61,200 TWD | -75% |
| Trade Product Manager | 164,000 TWD | -33% |
| Trader | 71,100 TWD | -71% |
| Treasury Operations Officer | 125,000 TWD | -49% |
| Wealth Management Advisor | 211,000 TWD | -14% |
Salary Comparison By City
| City | Average Salary |
| Taipei | 246,000 TWD |
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 Taiwan is 7% on average across all career fields.
| Private Sector | 125,000 TWD | |
| Public Sector | +7% | 134,000 TWD |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Bank Branch Manager in Taipei?
A good and competitive compensation would range anywhere between 230,000 TWD and 263,000 TWD. 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 Bank Branch Manager in Taipei ranges from 121,000 TWD to 188,000 TWD. 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
