HOME BROWSE SALARIES ARTICLES BEST PAYING JOBS SUBMIT SALARY
Browse Salaries
Best Paying Jobs
Articles
Submit Salary
Salary Increase Letters

Cash Management Manager Average Salary in Zurich 2024

How much money does a person working as Cash Management Manager make in Zurich?


Average Yearly Salary
264,000 CHF
( 22,000 CHF monthly)

LOW
142,000
CHF
AVERAGE
264,000
CHF
HIGH
398,000
CHF
All salary figures displayed here are per year except when noted otherwise.
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.

A person working as Cash Management Manager in Zurich typically earns around 264,000 CHF. Salaries range from 142,000 CHF (lowest) to 398,000 CHF (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Cash Management Manager salaries in Zurich vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Cash Management Manager Pay Scale and Salaries in Zurich

Median and salary distribution Zurich Cash Management Manager yearly
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/switzerland/zurich/banking/cash-management-manager/median-and-salary-distribution-yearly-zurich-cash-management-manager.jpg

Salary Structure and Pay Scale Comparison

5% of people earn
235,000 CHF or more
10% of people earn
210,000 to 235,000 CHF
20% of people earn
156,000 CHF or less
65% of people earn
156,000 to 210,000 CHF
Minimum Salary
142,000 CHF
Median
236,000 CHF
Maximum
398,000 CHF




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per year except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Cash Management Manager in Zurich range from 142,000 CHF (starting salary) to 398,000 CHF (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 236,000 CHF, half of the professionals who work as Cash Management Manager in Zurich 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 Cash Management Manager in Zurich earn less than 197,000 CHF, while 75% earn more. Similarly, the chart shows that 75% earn less than 266,000 CHF 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 Cash Management Manager in Zurich compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 156,000 CHF to 210,000 CHF. About 20% of salaries are below the 156,000 CHF mark, while 10% fall within the range of 210,000 CHF to 235,000 CHF. Only 5% of individuals have salaries exceeding 235,000 CHF.

Salary Comparison by Years of Experience / Cash Management Manager / Zurich

How do experience and age affect pay?

0 - 2 Years
165,000 CHF
2 - 5 Years+26%
209,000 CHF
5 - 10 Years+32%
276,000 CHF
10 - 15 Years+18%
324,000 CHF
15 - 20 Years+11%
359,000 CHF
20+ Years+6%
382,000 CHF
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience yearly Zurich Cash Management Manager
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/switzerland/zurich/banking/cash-management-manager/salary-comparison-by-years-of-experience-yearly-zurich-cash-management-manager.jpg

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 Cash Management Manager and this is what we found.


All salary figures displayed here are per year except when noted otherwise.

Employees with less than two years of experience earn approximately 165,000 CHF.

While someone with an experience level between two and five years is expected to earn 209,000 CHF, 26% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 276,000 CHF, 32% 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 324,000 CHF, 18% 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 359,000 CHF, 11% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 382,000 CHF, 6% more than people with fifteen to twenty years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg

Salary Comparison By Education / Cash Management Manager / Zurich

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Cash Management Manager.

Bachelor's Degree
214,000 CHF
Master's Degree+53%
327,000 CHF
Percentage increase and decrease are relative to the previous value
Salary comparison by education level yearly Zurich Cash Management Manager
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/switzerland/zurich/banking/cash-management-manager/salary-comparison-by-education-level-yearly-zurich-cash-management-manager.jpg

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 Cash Management Manager in order to make a comparison.


Level 1: Bachelor's Degree

Employees at this education level have an average salary of 214,000 CHF.


Level 2: Master's Degree

At this level, the average salary becomes 327,000 CHF, 53% 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 Switzerland costs anywhere from 51,800 CHF to 155,000 CHF 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 Comparison By Education Level
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg


Salary and Compensation Comparison By Gender / Cash Management Manager / Zurich

Salary comparison by gender Switzerland Cash Management Manager yearly
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/switzerland/banking/cash-management-manager/salary-comparison-by-gender-yearly-switzerland-cash-management-manager.jpg

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 Cash Management Manager in Switzerland, the average difference between the salary of male and female employees is 4%.

Male
244,000 CHF
Female-4%
234,000 CHF
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Switzerland for all Careers

Salary comparison by gender yearly Switzerland
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/switzerland/salary-comparison-by-gender-yearly-switzerland.jpg


Average Annual Salary Increment Percentage / Cash Management Manager / Zurich

How much are annual salary increments in Zurich for individuals working as Cash Management Manager? How often do employees get salary raises?

Individuals working as Cash Management Manager in Switzerland are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 9% granted to employees every 15 months.

Annual Salary Increment Rate Switzerland Cash Management Manager
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/switzerland/banking/cash-management-manager/annual-salary-increment-rate-switzerland-cash-management-manager.jpg


The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Switzerland / All Professions

Annual Salary Increment Rate Switzerland
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/switzerland/annual-salary-increment-rate-switzerland.jpg

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

The average salary increase in one year (12 months) in Switzerland is 7%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-increment-world.jpg

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 / Cash Management Manager / Switzerland

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Switzerland Cash Management Manager
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/switzerland/banking/cash-management-manager/annual-salary-bonus-rate-switzerland-cash-management-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 Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, 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 Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These 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 GeneratorsSupporting 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:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


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.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

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 / Cash Management Manager / Zurich


130 CHF per hour

The average hourly wage (pay per hour) for individuals working as Cash Management Manager in Zurich is 130 CHF.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

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 Cash Management Manager in Zurich is 68 CHF. 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 TitleAverage Salary
Banking-100%
AML Analyst207,000 CHF-22%
Assistant Bank Branch Manager191,000 CHF-28%
Assistant Bank Manager236,000 CHF-11%
ATM Manager201,000 CHF-24%
ATM Service Technician56,100 CHF-79%
Bank Accounts Analyst78,900 CHF-70%
Bank Accounts Collector52,000 CHF-80%
Bank Accounts Controller109,000 CHF-59%
Bank Accounts Executive163,000 CHF-38%
Bank Accounts Manager173,000 CHF-34%
Bank Auditing Manager183,000 CHF-31%
Bank Branch Manager258,000 CHF-2%
Bank Branch Operations Coordinator116,000 CHF-56%
Bank Clerk48,300 CHF-82%
Bank Client Service Associate69,900 CHF-74%
Bank Collector49,300 CHF-81%
Bank Compliance Specialist134,000 CHF-49%
Bank Manager298,000 CHF+13%
Bank Operational Risk Manager300,000 CHF+14%
Bank Operations Head298,000 CHF+13%
Bank Operations Officer119,000 CHF-55%
Bank Operations Specialist188,000 CHF-29%
Bank Process Manager159,000 CHF-40%
Bank Product Manager 192,000 CHF-27%
Bank Programme Manager208,000 CHF-21%
Bank Project Manager245,000 CHF-7%
Bank Propositions Manager206,000 CHF-22%
Bank Quantitative Analyst152,000 CHF-42%
Bank Regional Manager313,000 CHF+19%
Bank Regional Risk Officer159,000 CHF-40%
Bank Relationship Manager232,000 CHF-12%
Bank Relationship Officer105,000 CHF-60%
Bank Sustainability Analyst176,000 CHF-33%
Bank Teller51,300 CHF-81%
Banker102,000 CHF-61%
Banking Business Analyst157,000 CHF-40%
Banking Business Development Officer93,400 CHF-65%
Banking Business Planning Executive213,000 CHF-19%
Banking Data Analyst183,000 CHF-31%
Banking Product Manager196,000 CHF-26%
Banking Reference Data Manager164,000 CHF-38%
Banking Regulatory Compliance Officer190,000 CHF-28%
Banking Risk Analyst150,000 CHF-43%
Banking Technical Analyst83,400 CHF-68%
Bankruptcy Coordinator113,000 CHF-57%
Bill and Account Collector53,800 CHF-80%
Blockchain Analyst134,000 CHF-49%
Blockchain Architect157,000 CHF-40%
Blockchain Auditor141,000 CHF-47%
Blockchain Compliance Analyst147,000 CHF-44%
Blockchain Consultant141,000 CHF-47%
Blockchain Trade Facilitator129,000 CHF-51%
Budget Analyst159,000 CHF-40%
Capital Risk Manager301,000 CHF+14%
Cards Marketing Manager186,000 CHF-29%
Cash Management Manager264,000 CHF+0%
Check Processing Manager197,000 CHF-25%
Chief Blockchain Officer169,000 CHF-36%
Commercial Vault Associate148,000 CHF-44%
Corporate Banker109,000 CHF-59%
Corporate Dealer159,000 CHF-40%
Credit Analyst122,000 CHF-54%
Credit and Collections Manager215,000 CHF-18%
Credit Card Fraud Investigator166,000 CHF-37%
Credit Portfolio Manager276,000 CHF+5%
Credit Risk Analyst169,000 CHF-36%
Credit Risk Associate160,000 CHF-39%
Cryptocurrency Accountant100,000 CHF-62%
Cryptocurrency Adviser197,000 CHF-25%
Cryptocurrency Analyst149,000 CHF-44%
Cryptocurrency Compliance Manager169,000 CHF-36%
Cryptocurrency Trader154,000 CHF-42%
Digital Banking Manager205,000 CHF-22%
Digital Currency Analyst158,000 CHF-40%
Direct Bank Sales Representative115,000 CHF-56%
Exchange Control Consultant162,000 CHF-39%
Executive Account Analyst154,000 CHF-42%
Financial Bank Planning Consultant202,000 CHF-23%
Financial Banking Analysis Manager221,000 CHF-16%
Financial Banking Assistant72,600 CHF-72%
Financial Banking Systems Manager210,000 CHF-20%
Foreign Exchange Manager227,000 CHF-14%
Fraud Analyst159,000 CHF-40%
Fraud Detection Associate114,000 CHF-57%
Fraud Detection Manager251,000 CHF-5%
Fraud Detection Supervisor139,000 CHF-47%
Internal Bank Audit Manager295,000 CHF+12%
Internal Bank Auditor144,000 CHF-45%
Internal Private Banker107,000 CHF-59%
International Banking Manager307,000 CHF+16%
Investment Banking Analyst235,000 CHF-11%
Loan Analyst151,000 CHF-43%
Loan Area Manager184,000 CHF-30%
Loan Audit Team Leader172,000 CHF-35%
Loan Branch Manager172,000 CHF-35%
Loan Business Development Officer93,900 CHF-64%
Loan Clerk55,500 CHF-79%
Loan Collection and Recovery Manager192,000 CHF-27%
Loan Collection Manager190,000 CHF-28%
Loan Collector52,900 CHF-80%
Loan Examiner64,500 CHF-76%
Loan Officer58,700 CHF-78%
Loan Processing Manager161,000 CHF-39%
Loan Processor68,000 CHF-74%
Loan Quality Assurance Auditor155,000 CHF-41%
Loan Quality Assurance Manager174,000 CHF-34%
Loan Quality Assurance Representative117,000 CHF-56%
Loan Review Manager179,000 CHF-32%
Loan Team Leader162,000 CHF-39%
Loans Manager198,000 CHF-25%
Mortgage Advisor112,000 CHF-58%
Mortgage Collection Manager173,000 CHF-34%
Mortgage Collector48,900 CHF-81%
Mortgage Credit Analyst80,300 CHF-70%
Mortgage Credit Manager171,000 CHF-35%
Mortgage Development Manager198,000 CHF-25%
Mortgage Document Reviewer68,100 CHF-74%
Mortgage Funding Manager204,000 CHF-23%
Mortgage Operations Manager261,000 CHF-1%
Mortgage Payment Processing Clerk58,200 CHF-78%
Mortgage Processing Manager183,000 CHF-31%
Mortgage Processor72,600 CHF-72%
Mortgage Quality Assurance Auditor153,000 CHF-42%
Mortgage Quality Assurance Manager177,000 CHF-33%
Mortgage Servicing Clerk51,300 CHF-81%
Mortgage Servicing Manager165,000 CHF-37%
Mortgage Underwriter66,600 CHF-75%
Online Banking Manager264,000 CHF+0%
Open Banking Strategist166,000 CHF-37%
Payment Processing Clerk54,500 CHF-79%
Personal Banker112,000 CHF-58%
Personal Banking Advisor 120,000 CHF-55%
Phone Banker77,900 CHF-70%
Private Banker112,000 CHF-58%
Reconciliation and Investigation Specialist129,000 CHF-51%
Tax Officer89,000 CHF-66%
Teller54,700 CHF-79%
Trade Officer62,400 CHF-76%
Trade Product Manager181,000 CHF-31%
Trader76,600 CHF-71%
Treasury Operations Officer132,000 CHF-50%
Wealth Management Advisor231,000 CHF-12%

Salary Comparison By City

CityAverage Salary
Zurich264,000 CHF

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 Switzerland is 4% on average across all career fields.

Private Sector
122,000 CHF
Public Sector+4%
127,000 CHF
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Cash Management Manager in Zurich?

A good and competitive compensation would range anywhere between 236,000 CHF and 266,000 CHF. 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 Cash Management Manager in Zurich ranges from 142,000 CHF to 197,000 CHF. 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


Browse Salaries

Salary Increase Letters

Best Paying Jobs
Home BROWSE SALARIES ARTICLES BEST PAYING JOBS Salary Comparison Arabic French Spanish

©Salary Explorer 2024