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Average Bank Quantitative Analyst Salary in Taiwan for 2026

A bank quantitative analyst in Taiwan earns about 1,693,600 TWD a year. That's 9% above the national average of 1,547,500 TWD.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in Taiwan sit around 864,900 TWD a year, while the very top stretches to 2,617,900 TWD. Everything on this page is in New Taiwan dollar (TWD, symbol $), which lets you compare numbers like-for-like without worrying about exchange rates.

The numbers here are pulled together from official government wage data, large independent salary surveys, and aggregated worker-reported pay. Most reported salaries include the benefits that are common in Taiwan, such as housing or transport allowances, which is worth keeping in mind if you're comparing against a country where those are usually paid on top.


How much does a bank quantitative analyst make in Taiwan?

Average salary
1,693,600 TWD
141,133 TWD per month
Lowest reported
864,900 TWD
72,075 TWD per month
Highest reported
2,617,900 TWD
218,158 TWD per month

A typical bank quantitative analyst working in Taiwan brings home around 141,133 TWD a month before tax. Entry-level pay starts near 864,900 TWD, and the top of the ladder reaches roughly 2,617,900 TWD for the most experienced and specialised people in the role.

The wide gap between low end and top end reflects how much pay can vary inside the same job title. A junior bank quantitative analyst working at a small local employer earns very different money from a senior at a multinational. Skills, employer, city and years in the seat all push the number around.


How bank quantitative analyst pay ranges in Taiwan

A good way to think about salary in Taiwan is to look at the distribution rather than the headline average. Half of all bank quantitative analysts in Taiwan earn less than 1,668,900 TWD a year, and the other half earn more. That middle number is the median, and it is usually more useful than the average for answering "is my pay normal here".

Looking at the quartiles fills in the picture. A quarter of earners take home less than 1,136,700 TWD (the 25th percentile), and a quarter clear 2,100,900 TWD (the 75th percentile). The middle 50% of bank quantitative analysts sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 864,900 TWD. The highest stretch to 2,617,900 TWD, though only a small fraction of earners ever reach that level. If you are deciding whether your own offer or current pay is reasonable, work out which of those four bands you would fall into and use that as your reference point.

864,900
Low
1,668,900
Median
2,617,900
High
1,136,700
25th
2,100,900
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in TWD

Bank quantitative analyst pay by experience in Taiwan

Years of experience is the single biggest lever on pay for a bank quantitative analyst in Taiwan, ahead of education and almost any other single factor. The longer you have been in the role, the more your employer can trust you to handle complexity, mentor others and act independently, all of which command higher pay. The chart below shows how the typical bank quantitative analyst salary changes as you move through the career ladder.

  • 0-2 Years
    970,600 TWD
  • 2-5 Years
    +31% from previous
    1,273,300 TWD
  • 5-10 Years
    +40% from previous
    1,777,700 TWD
  • 10-15 Years
    +20% from previous
    2,136,200 TWD
  • 15-20 Years
    +8% from previous
    2,314,800 TWD
  • 20+ Years
    +8% from previous
    2,495,600 TWD

The single largest jump on the ladder is from 2 - 5 Years to 5 - 10 Years, where pay rises by about 40%. That is the point at which a bank quantitative analyst typically goes from "competent in the role" to "the person other people in the team learn from", and the market pays well for that step.


Bank quantitative analyst pay by education in Taiwan

Education sits alongside experience as one of the biggest factors driving bank quantitative analyst pay in Taiwan. Higher qualifications consistently pull higher salaries, but the size of the gap tends to be smallest at junior levels and widens as people move up. Two people in the same role with the same years of experience but different degrees can end up earning very different money once they reach mid-career.

Below is the average bank quantitative analyst salary in Taiwan broken down by the highest level of education a worker has completed.

  • Bachelor's Degree
    1,196,300 TWD
  • Master's Degree
    +78% from previous
    2,124,400 TWD

Bank quantitative analyst gender pay gap in Taiwan

The gender pay gap is a stubborn feature of almost every labour market, and Taiwan is no exception. Male bank quantitative analysts in Taiwan earn an average of 1,835,700 TWD a year, while female bank quantitative analysts earn around 1,570,900 TWD. That works out to a 17% gap in favour of men, even when comparing people doing the same work.

A pay gap of this size has a real long-term cost. Over a typical thirty-year career it can add up to several years of pay, and it compounds through pensions, retirement contributions and bonus-linked stock. Some of the gap is explained by women being more likely to work part-time, take career breaks, or be steered toward lower-paying specialisations. Some of it is straightforward unequal pay for the same job, which is harder to defend.

Bank Quantitative Analyst gender pay gap

14%

Men earn this much more than women on average in Taiwan.

Men 1,835,700 TWD
Women 1,570,900 TWD

Pay raises for a bank quantitative analyst in Taiwan

Most countries hand out at least some kind of pay raise every year, typically when an employee's contract is reviewed or as a cost-of-living adjustment to keep wages roughly in step with inflation. The rhythm and size of those raises varies hugely between industries.

A typical worker doing this role in Taiwan sees a raise of about 9% every 27 months, which works out to roughly 4% on an annual basis. That figure is the typical underlying rate; in years where inflation runs high you can usually expect a bit more, and in flat-economy years a bit less.

Across all jobs in Taiwan, the national average raise is around 5% every 28 months.

By industry

Industries with the highest pay raises in Taiwan:

  • Banking
  • Energy
    1%
  • Information Technology
  • Healthcare
    2%
  • Travel
  • Construction
  • Education

By experience level

Experienced workers tend to see larger raises. Retaining a senior is cheaper than replacing them, so employers fight harder for them.

  • Junior Level
    3% - 5%
  • Mid-Career
  • Senior Level
  • Top Management

Bank quantitative analyst bonus rates in Taiwan

Bonuses are the other half of total compensation, and they vary a lot between jobs and industries. Some roles are paid almost entirely in base salary; others lean heavily on bonus structures tied to revenue, project completion or company performance. Whether a job pays a bonus, how big it is, and how often it lands all factor into whether the headline salary is actually a good offer.

61%

61% of bank quantitative analysts in Taiwan reported a bonus of some kind in the past twelve months. That makes a bank quantitative analyst a moderate-bonus role overall, which is useful context when you're weighing up a job offer where the base is below market.

Among those who did receive a bonus, the size of the payment varied substantially. Reported bonuses ranged from 6% to 8% of base salary. The remaining 39% of bank quantitative analysts reported no bonus at all over the same period.

Which careers pay bonuses in Taiwan

Revenue-facing roles tend to pay the biggest bonuses. Operational and support roles tend toward smaller, more predictable ones.

  • Finance
  • Architecture
  • Sales
  • Business Development
  • Marketing / Advertising
  • Information Technology
  • Healthcare
  • Insurance
  • Customer Service
  • Human Resources
  • Construction
  • Transport
  • Hospitality

Bank quantitative analyst: public vs private sector pay

Public-sector pay in Taiwan is about 7% more than private-sector pay for similar work. The private sector typically offers stronger upside and bigger bonuses; the public sector typically offers better benefits and stability.

Public vs private pay gap

7%

Public-sector workers earn this much more than private-sector workers in Taiwan on average.

Public sector 1,594,500 TWD
Private sector 1,487,200 TWD

Bank quantitative analyst salary by city in Taiwan

Bank quantitative analyst pay is not even across Taiwan. The chart below shows the highest-paying cities in the dataset, followed by the full location table.

  • Kaohsiung
  • Taipei
  • Taichung
  • Tainan
LocationTypeAverageMedianRange
KaohsiungCity1,896,700 TWD1,896,700 TWD948,300-2,941,000 TWD
TaipeiCity1,728,900 TWD1,765,300 TWD846,500-2,688,800 TWD
TaichungCity1,728,900 TWD1,693,600 TWD878,900-2,653,700 TWD
TainanCity1,500,800 TWD1,440,700 TWD781,200-2,304,300 TWD


Bank Quantitative Analyst in Taiwan: FAQs

  • How much does a bank quantitative analyst make per month in Taiwan?

    A bank quantitative analyst in Taiwan earns about 141,133 TWD a month before tax, based on an annual average of 1,693,600 TWD.

  • What's the salary range for a bank quantitative analyst in Taiwan?

    Entry-level bank quantitative analysts in Taiwan start near 864,900 TWD. Top-end pay reaches around 2,617,900 TWD. The middle 50% of earners sit between 1,136,700 and 2,100,900 TWD.

  • Is the median bank quantitative analyst salary in Taiwan higher or lower than the average?

    The median is 1,668,900 TWD, lower than the average of 1,693,600 TWD. Half of bank quantitative analysts in Taiwan earn below the median, half earn above it.

  • What's the gender pay gap for bank quantitative analysts in Taiwan?

    Men working as a bank quantitative analyst in Taiwan earn around 17% more than women on average (1,835,700 vs 1,570,900 TWD a year).

  • Do bank quantitative analysts in Taiwan get bonuses?

    About 61% of bank quantitative analysts in Taiwan reported a bonus in the past 12 months. Reported bonuses ranged from 6% to 8% of base salary.

  • Do bank quantitative analysts earn more in the public or private sector in Taiwan?

    In Taiwan, the public sector pays a bank quantitative analyst about 7% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.

  • How often do bank quantitative analysts in Taiwan get a pay raise?

    A bank quantitative analyst in Taiwan sees a raise of around 9% every 27 months, equivalent to roughly 4% a year.