Equity Analyst Average Salary in Thailand 2024
How much money does a person working as Equity Analyst make in Thailand?
LOW
59,300
THB AVERAGE
124,000
THB HIGH
194,000
THB
A person working as Equity Analyst in Thailand typically earns around 124,000 THB. Salaries range from 59,300 THB (lowest) to 194,000 THB (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Equity Analyst salaries in Thailand vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Equity Analyst Pay Scale and Salaries in Thailand
Salary Structure and Pay Scale Comparison
115,000 THB or more
102,000 to 115,000 THB
71,500 THB or less
71,500 to 102,000 THB
 59,300 THB |
116,000 THB |
194,000 THB |
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 Equity Analyst in Thailand range from 59,300 THB (starting salary) to 194,000 THB (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 116,000 THB, half of the professionals who work as Equity Analyst in Thailand 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 Equity Analyst in Thailand earn less than 94,500 THB, while 75% earn more. Similarly, the chart shows that 75% earn less than 133,000 THB 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 Equity Analyst in Thailand compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 71,500 THB to 102,000 THB. About 20% of salaries are below the 71,500 THB mark, while 10% fall within the range of 102,000 THB to 115,000 THB. Only 5% of individuals have salaries exceeding 115,000 THB.
Salary Comparison by Years of Experience / Equity Analyst / Thailand
How do experience and age affect pay?
| 0 - 2 Years | 69,400 THB | |
| 2 - 5 Years | +42% | 98,300 THB |
| 5 - 10 Years | +31% | 129,000 THB |
| 10 - 15 Years | +23% | 159,000 THB |
| 15 - 20 Years | +6% | 169,000 THB |
| 20+ Years | +10% | 185,000 THB |
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 Equity Analyst and this is what we found.
Employees with less than two years of experience earn approximately 69,400 THB.
While someone with an experience level between two and five years is expected to earn 98,300 THB, 42% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 129,000 THB, 31% 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 159,000 THB, 23% 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 169,000 THB, 6% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 185,000 THB, 10% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Equity Analyst / Thailand
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Equity Analyst.
| Certificate or Diploma | 86,200 THB | |
| Bachelor's Degree | +59% | 137,000 THB |
| Master's Degree | +33% | 183,000 THB |
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 Equity Analyst in order to make a comparison.
Level 1: Certificate or Diploma
Employees at this education level have an average salary of 86,200 THB.
Level 2: Bachelor's Degree
At this level, the average salary becomes 137,000 THB, 59% more than the previous level.
Level 3: Master's Degree
At this level, the average salary becomes 183,000 THB, 33% 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 Thailand costs anywhere from 486,000 THB to 1,460,000 THB 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 / Equity Analyst / Thailand
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 Equity Analyst in Thailand, the average difference between the salary of male and female employees is 8%.
| Male | 129,000 THB | |
| Female | -7% | 120,000 THB |
Salary Comparison By Gender in Thailand for all Careers
Average Annual Salary Increment Percentage / Equity Analyst / Thailand
How much are annual salary increments in Thailand for individuals working as Equity Analyst? How often do employees get salary raises?
Individuals working as Equity Analyst in Thailand are likely to observe a salary increase of approximately 12% every 17 months. The national average annual increment for all professions combined is 8% granted to employees every 17 months.
Thailand / 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 / Equity Analyst / Thailand
How much and how often are bonuses being awarded?
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42% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 58% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.
| Received Bonus | 58% | |
| No Bonus | 42% |
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 / Equity Analyst / Thailand
710 THB per hourThe average hourly wage (pay per hour) for individuals working as Equity Analyst in Thailand is 710 THB.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 Equity Analyst in Thailand is 340 THB. 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 | 53,900 THB | -56% |
| Account Executive | 85,600 THB | -31% |
| Accountant | 70,100 THB | -43% |
| Accounting Analyst | 82,800 THB | -33% |
| Accounting Assistant | 55,700 THB | -55% |
| Accounting Associate | 52,800 THB | -57% |
| Accounting Clerk | 42,600 THB | -66% |
| Accounting Coordinator | 64,600 THB | -48% |
| Accounting Head | 136,000 THB |  +10% |
| Accounting Manager | 144,000 THB | +17% |
| Accounting Officer | 50,700 THB | -59% |
| Accounting Specialist | 94,200 THB | -24% |
| Accounting Supervisor | 94,200 THB | -24% |
| Accounting Technician | 51,300 THB | -58% |
| Accounting Unit Controller | 115,000 THB | -7% |
| Accounts Executive | 91,000 THB | -26% |
| Accounts Officer | 55,300 THB | -55% |
| Accounts Payable and Receivable Specialist | 71,700 THB | -42% |
| Accounts Payable Assistant | 56,800 THB | -54% |
| Accounts Payable Associate | 61,400 THB | -50% |
| Accounts Payable Clerk | 51,300 THB | -58% |
| Accounts Payable Manager | 138,000 THB | +12% |
| Accounts Receivable Administrator | 107,000 THB | -13% |
| Accounts Receivable Clerk | 52,800 THB | -57% |
| Accounts Receivable Financial Analyst | 98,100 THB | -21% |
| Accounts Receivable Manager | 140,000 THB | +13% |
| Accounts Receivable Team Leader | 99,000 THB | -20% |
| Algorithmic Trading Specialist | 124,000 THB | +0% |
| Assistant Accountant | 56,200 THB | -55% |
| Assistant Accounting Manager | 129,000 THB | +4% |
| Assistant Auditor | 71,600 THB | -42% |
| Assistant Corporate Controller | 99,000 THB | -20% |
| Assistant Finance Manager | 146,000 THB | +18% |
| Assistant Financial Controller | 97,500 THB | -21% |
| Audit Director | 167,000 THB | +35% |
| Audit Supervisor | 129,000 THB | +4% |
| Auditing Clerk | 55,300 THB | -55% |
| Auditing Manager | 141,000 THB | +14% |
| Billing Clerk | 55,700 THB | -55% |
| Billing Coordinator | 61,000 THB | -51% |
| Billing Specialist | 75,100 THB | -39% |
| Billing Supervisor | 108,000 THB | -13% |
| Bookkeeper | 47,200 THB | -62% |
| Bookkeeping Specialist | 69,900 THB | -43% |
| Budget Analyst | 125,000 THB | +1% |
| Budget Manager | 138,000 THB | +12% |
| Business Support Analyst | 80,800 THB | -35% |
| Capital Markets Associate | 104,000 THB | -16% |
| Cash Flow Analyst | 102,000 THB | -17% |
| Cash Management Manager | 136,000 THB | +10% |
| Cash Management Officer | 80,300 THB | -35% |
| Cashbook Clerk | 47,300 THB | -62% |
| Chartered Accountant | 90,600 THB | -27% |
| Chief Accountant | 100,000 THB | -19% |
| Chief Financial Technology Officer | 146,000 THB | +18% |
| Collections Clerk | 44,600 THB | -64% |
| Collections Representative | 61,600 THB | -50% |
| Collections Specialist | 70,600 THB | -43% |
| Corporate Controller | 109,000 THB | -12% |
| Corporate Treasurer | 132,000 THB | +7% |
| Cost Accountant | 67,400 THB | -45% |
| Cost Accounting Manager | 140,000 THB | +13% |
| Cost Accounting Supervisor | 111,000 THB | -10% |
| Cost Analyst | 114,000 THB | -8% |
| Credit and Collection Manager | 133,000 THB | +8% |
| Credit and Collection Staff | 54,300 THB | -56% |
| Credit and Loans Officer | 52,300 THB | -58% |
| Credit Controller | 96,600 THB | -22% |
| Credit Manager | 153,000 THB | +24% |
| Debt Adviser | 121,000 THB | -2% |
| Debt Collector | 54,200 THB | -56% |
| Debtors Clerk | 50,300 THB | -59% |
| Debtors Controller | 50,700 THB | -59% |
| Deputy CFO | 189,000 THB | +53% |
| Deputy Head of Finance | 195,000 THB | +58% |
| Derivative Trader | 117,000 THB | -5% |
| Director of Finance | 217,000 THB | +76% |
| E-commerce Accountant | 70,300 THB | -43% |
| Economist | 167,000 THB | +35% |
| Equity Analyst | 124,000 THB | +0% |
| Escrow Assistant | 60,200 THB | -51% |
| Executive Accountant | 81,600 THB | -34% |
| External Auditor | 96,200 THB | -22% |
| Finance Administrator | 81,400 THB | -34% |
| Finance Analyst | 130,000 THB | +5% |
| Finance Associate | 61,600 THB | -50% |
| Finance Data Analyst | 109,000 THB | -12% |
| Finance Director | 212,000 THB | +72% |
| Finance Executive | 146,000 THB | +18% |
| Finance Licensing Clerk | 49,800 THB | -60% |
| Finance Licensing Manager | 134,000 THB | +8% |
| Finance Licensing Specialist | 77,000 THB | -38% |
| Finance Manager | 204,000 THB | +65% |
| Finance Officer | 66,900 THB | -46% |
| Finance President | 217,000 THB | +76% |
| Finance Relationship Manager | 157,000 THB | +27% |
| Finance Release Analyst | 82,300 THB | -33% |
| Finance Specialist | 111,000 THB | -10% |
| Finance Team Leader | 162,000 THB | +31% |
| Financial Accountant | 68,100 THB | -45% |
| Financial Actuary | 109,000 THB | -12% |
| Financial Administrator | 118,000 THB | -4% |
| Financial Advisor | 123,000 THB | -0% |
| Financial Analyst | 133,000 THB | +8% |
| Financial Applications Specialist | 86,800 THB | -30% |
| Financial Assistant | 56,800 THB | -54% |
| Financial Associate | 65,900 THB | -47% |
| Financial Claims Analyst | 97,300 THB | -21% |
| Financial Claims Manager | 131,000 THB | +6% |
| Financial Claims Supervisor | 111,000 THB | -10% |
| Financial Clerk | 51,400 THB | -58% |
| Financial Commercial Analyst | 104,000 THB | -16% |
| Financial Compliance Analyst | 114,000 THB | -8% |
| Financial Compliance Officer | 109,000 THB | -12% |
| Financial Consultant | 95,100 THB | -23% |
| Financial Controller | 116,000 THB | -6% |
| Financial Coordinator | 65,500 THB | -47% |
| Financial Customer Service Manager | 123,000 THB | -0% |
| Financial Data Scientist | 129,000 THB | +4% |
| Financial Dealer and Broker | 78,500 THB | -36% |
| Financial Director | 208,000 THB | +68% |
| Financial Encoder | 58,000 THB | -53% |
| Financial Manager | 187,000 THB | +51% |
| Financial Modelling Analyst | 127,000 THB | +3% |
| Financial Operations Manager | 174,000 THB | +41% |
| Financial Policy Analyst | 107,000 THB | -13% |
| Financial Project Manager | 145,000 THB | +17% |
| Financial Quantitative Analyst | 117,000 THB | -5% |
| Financial Reporting Consultant | 104,000 THB | -16% |
| Financial Reporting Manager | 132,000 THB | +7% |
| Financial Section Head | 136,000 THB | +10% |
| Financial Services Manager | 174,000 THB | +41% |
| Financial Services Sales Agent | 77,700 THB | -37% |
| Financial Technology Consultant | 113,000 THB | -9% |
| Financial Wellness Coach | 149,000 THB | +21% |
| FinTech Analyst | 115,000 THB | -7% |
| Fixed Assets Administrator | 71,000 THB | -43% |
| Forensic Accountant | 79,300 THB | -36% |
| Fraud Detection Supervisor | 84,500 THB | -32% |
| Fraud Prevention Manager | 142,000 THB | +15% |
| Fund Accountant | 67,600 THB | -45% |
| Grants Coordinator | 54,400 THB | -56% |
| Green Finance Analyst | 108,000 THB | -13% |
| Group Financial Manager | 211,000 THB | +71% |
| Internal Auditor | 93,200 THB | -25% |
| Internal Control Adviser | 108,000 THB | -13% |
| Internal Control Officer | 60,700 THB | -51% |
| International Tax Director | 162,000 THB | +31% |
| Inventory Accountant | 72,900 THB | -41% |
| Investment Advisor | 192,000 THB | +55% |
| Investment Analyst | 144,000 THB | +17% |
| Investment Associate | 119,000 THB | -4% |
| Investment Broker | 112,000 THB | -9% |
| Investment Fund Manager | 161,000 THB | +30% |
| Investment Operations Manager | 151,000 THB | +22% |
| Investment Underwriter | 62,200 THB | -50% |
| Investor | 89,800 THB | -27% |
| Investor Relations Manager | 142,000 THB | +15% |
| KYC Team Leader | 141,000 THB | +14% |
| Loan Processor | 55,400 THB | -55% |
| Management Accountant | 76,100 THB | -38% |
| Management Economist | 164,000 THB | +33% |
| Paymaster | 57,900 THB | -53% |
| Payroll Administrator | 95,000 THB | -23% |
| Payroll Benefits Coordinator | 75,000 THB | -39% |
| Payroll Billing Manager | 126,000 THB | +2% |
| Payroll Clerk | 63,700 THB | -48% |
| Payroll Manager | 123,000 THB | -0% |
| Payroll Officer | 61,000 THB | -51% |
| Payroll Specialist | 74,000 THB | -40% |
| Payroll Supervisor | 87,000 THB | -30% |
| Pensions Administrator | 74,700 THB | -40% |
| Personal Financial Advisor | 103,000 THB | -17% |
| Pricing Analyst | 111,000 THB | -10% |
| Private Equity Analyst | 130,000 THB | +5% |
| Project Accountant | 77,300 THB | -37% |
| Proposal Development Coordinator | 62,800 THB | -49% |
| Quantitative Trader | 102,000 THB | -17% |
| Receivables Accountant | 63,700 THB | -48% |
| Regulatory Accountant | 80,400 THB | -35% |
| Retirement Plan Analyst | 109,000 THB | -12% |
| Revenue Management Specialist | 115,000 THB | -7% |
| Revenue Recognition Analyst | 129,000 THB | +4% |
| Risk Management Director | 174,000 THB | +41% |
| Risk Management Supervisor | 145,000 THB | +17% |
| Staff Accountant | 67,900 THB | -45% |
| Tax Accountant | 66,800 THB | -46% |
| Tax Administrator | 75,800 THB | -39% |
| Tax Advisor | 109,000 THB | -12% |
| Tax Analyst | 110,000 THB | -11% |
| Tax Associate | 61,000 THB | -51% |
| Tax Consultant | 117,000 THB | -5% |
| Tax Director | 156,000 THB | +26% |
| Tax Examiner | 74,000 THB | -40% |
| Tax Manager | 138,000 THB | +12% |
| Tax Research Manager | 140,000 THB | +13% |
| Teller | 41,400 THB | -66% |
| Treasury Accountant | 73,500 THB | -40% |
| Treasury Analyst | 119,000 THB | -4% |
| Underwriter | 49,300 THB | -60% |
| Underwriting Assistant | 47,000 THB | -62% |
| Vice President of Finance | 188,000 THB | +52% |
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 Thailand is 7% on average across all career fields.
| Private Sector | 94,300 THB | |
| Public Sector | +7% | 101,000 THB |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Equity Analyst in Thailand?
A good and competitive compensation would range anywhere between 116,000 THB and 133,000 THB. 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 Equity Analyst in Thailand ranges from 59,300 THB to 94,500 THB. 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
