Average Banking Technical Analyst Salary in Austria for 2024

In this article, we will look at the average Banking Technical Analyst salary for 2024 in Austria and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Euro. To keep things simple, we are using the EUR currency code instead of the currency symbol โ‚ฌ.

How Much Does a Banking Technical Analyst Make in Austria?

A Banking Technical Analyst working in Austria will typically earn around 29,840 EUR per year, and this can range from the lowest average salary of about 17,260 EUR to the highest average salary of 43,340 EUR.

Average Annual Salary
29,840 EUR
Average Monthly Salary
2,486 EUR

Lowest Annual Salary
17,260 EUR
Lowest Monthly Salary
1,438 EUR

Highest Annual Salary
43,340 EUR
Highest Monthly Salary
3,611 EUR

These are average salaries for a Banking Technical Analyst in Austria and include benefits such as housing and transport. It's also possible for a Banking Technical Analyst to earn more or less than the average salaries shown above.

Banking Technical Analyst salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Banking Technical Analyst Salaries in Austria

So we've looked at the average salaries a Banking Technical Analyst will earn in Austria. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Banking Technical Analyst can earn between 17,260 EUR and 43,340 EUR on average in Austria. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Banking Technical Analyst in Austria is 25,160 EUR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 25,160 EUR, and 50% of the population earn more than 25,160 EUR.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Banking Technical Analyst salary in Austria, 25% of the population are earning less than 20,120 EUR while 75% of the population earn more than 20,120 EUR.

75% of the population earn less than 32,200 EUR, and 25% of the population earn more than 32,200 EUR.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Banking Technical Analyst Salary by Experience Level in Austria

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average banking technical analyst salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Banking Technical Analyst in Austria that has less than two years of experience can expect to earn somewhere in the region of 18,780 EUR.
  • 2 - 5 Years Experience. With two to five years of experience the average Banking Technical Analyst salary would increase to 20,760 EUR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Banking Technical Analyst, the average salary would be 31,540 EUR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 35,520 EUR.
  • 15 - 20 Years Experience. A Banking Technical Analyst with 15 to 20 years of experience can earn an average of 40,140 EUR.
  • 20+ Years Experience. For a Banking Technical Analyst with more than 20 years, the expected average salary increases to 42,460 EUR.

Average Salary by Experience Chart

0-2 Years
18,780 EUR
2-5 Years +26%
20,760 EUR
5-10 Years +32%
31,540 EUR
10-15 Years +18%
35,520 EUR
15-20 Years +11%
40,140 EUR
20+ Years +6%
42,460 EUR

Banking Technical Analyst Salary by Education Level in Austria

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Banking Technical Analyst in Austria based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Certificate or Diploma. A Banking Technical Analyst in Austria with a certificate or diploma education can earn an average salary of 20,760 EUR.

  • Bachelor's Degree. A Banking Technical Analyst in Austria with a bachelor's degree education can earn an average salary of 31,540 EUR.

  • Master's Degree. A Banking Technical Analyst in Austria with a master's degree education can earn an average salary of 38,780 EUR.

Average Salary by Education Chart

Certificate or Diploma
20,760 EUR
Bachelor's Degree +32%
31,540 EUR
Master's Degree +37%
38,780 EUR

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Austria is around 18,900 to 56,800 EUR and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Banking Technical Analyst Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Austria, a male banking technical analyst will earn an average of 30,840 EUR, while a female banking technical analyst will earn around 29,540 EUR.

This means that a male banking technical analyst earns approximately 4% more than a female banking technical analyst for performing the same job.

Average Salary by Gender Chart in Austria

Male
30,840 EUR
Female -4%
29,540 EUR

Banking Technical Analyst Average Pay Raise in Austria

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Banking Technical Analyst in Austria is around 8% every 27 months.

The national average pay raise across all professions and industries in Austria is around 5% every 28 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 8 ÷ 27 ) × 12  = 4%

What this means is that a Banking Technical Analyst in Austria can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Austria for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Austria.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
5%
Energy
1%
Information Technology
6%
Healthcare
2%
Travel
7%
Construction
3%
Education
8%

Banking Technical Analyst Bonus and Incentive Rates in Austria

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Banking Technical Analyst is a low bonus based job, with 32% of employees reporting at least one bonus in the last 12 months.

68% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 4% to 5%.

Received Bonus
32%
No Bonus
68%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Austria earn approximately 12% more than private sector employees in the same role.

Public Sector
48,200 EUR
Private Sector -12%
43,080 EUR

Salaries for Jobs Similar to a Banking Technical Analyst

In the table below, we have salary information for jobs that are similar to a Banking Technical Analyst in Austria.

Job Title Category Salary
AML Analyst Banking 72,540 EUR
Assistant Bank Branch Manager Banking 63,320 EUR
Assistant Bank Manager Banking 85,880 EUR
ATM Manager Banking 64,920 EUR
ATM Service Technician Banking 17,760 EUR
Bank Accounts Analyst Banking 26,860 EUR
Bank Accounts Collector Banking 15,300 EUR
Bank Accounts Controller Banking 35,520 EUR
Bank Accounts Executive Banking 53,860 EUR
Bank Accounts Manager Banking 60,600 EUR
Bank Auditing Manager Banking 61,180 EUR
Bank Branch Manager Banking 83,640 EUR
Bank Branch Operations Coordinator Banking 39,160 EUR
Bank Clerk Banking 16,400 EUR
Bank Client Service Associate Banking 19,940 EUR
Bank Collector Banking 16,880 EUR
Bank Compliance Specialist Banking 46,720 EUR
Bank Manager Banking 99,340 EUR
Bank Operational Risk Manager Banking 98,820 EUR
Bank Operations Head Banking 101,020 EUR
Bank Operations Officer Banking 42,320 EUR
Bank Operations Specialist Banking 64,040 EUR
Bank Process Manager Banking 57,320 EUR
Bank Product Manager Banking 64,560 EUR
Bank Programme Manager Banking 69,580 EUR
Bank Project Manager Banking 80,920 EUR
Bank Propositions Manager Banking 67,800 EUR
Bank Quantitative Analyst Banking 45,720 EUR
Bank Regional Manager Banking 100,140 EUR
Bank Regional Risk Officer Banking 54,140 EUR
Bank Relationship Manager Banking 75,220 EUR
Bank Relationship Officer Banking 34,240 EUR
Bank Teller Banking 17,560 EUR
Banker Banking 32,420 EUR
Banking Business Analyst Banking 53,600 EUR
Banking Business Development Officer Banking 31,380 EUR
Banking Business Planning Executive Banking 72,260 EUR
Banking Product Manager Banking 63,480 EUR
Banking Reference Data Manager Banking 51,900 EUR
Banking Risk Analyst Banking 53,380 EUR
Bankruptcy Coordinator Banking 39,640 EUR
Bill and Account Collector Banking 16,140 EUR
Budget Analyst Banking 52,380 EUR
Capital Risk Manager Banking 96,560 EUR
Cards Marketing Manager Banking 65,920 EUR
Cash Management Manager Banking 89,800 EUR
Check Processing Manager Banking 64,620 EUR
Commercial Vault Associate Banking 50,540 EUR
Corporate Banker Banking 35,260 EUR
Corporate Dealer Banking 56,880 EUR
Credit Analyst Banking 42,400 EUR
Credit and Collections Manager Banking 74,540 EUR
Credit Card Fraud Investigator Banking 52,540 EUR
Credit Portfolio Manager Banking 98,960 EUR
Credit Risk Analyst Banking 60,400 EUR
Credit Risk Associate Banking 57,080 EUR
Direct Bank Sales Representative Banking 35,340 EUR
Exchange Control Consultant Banking 50,180 EUR
Executive Account Analyst Banking 50,520 EUR
Financial Bank Planning Consultant Banking 68,360 EUR
Financial Banking Analysis Manager Banking 77,380 EUR
Financial Banking Assistant Banking 23,360 EUR
Financial Banking Systems Manager Banking 73,260 EUR
Foreign Exchange Manager Banking 80,180 EUR
Fraud Analyst Banking 53,860 EUR
Fraud Detection Associate Banking 35,340 EUR
Fraud Detection Manager Banking 75,980 EUR
Fraud Detection Supervisor Banking 43,080 EUR
Internal Bank Audit Manager Banking 93,340 EUR
Internal Bank Auditor Banking 50,340 EUR
Internal Private Banker Banking 35,000 EUR
International Banking Manager Banking 107,960 EUR
Investment Banking Analyst Banking 72,700 EUR
Loan Analyst Banking 48,560 EUR
Loan Area Manager Banking 64,200 EUR
Loan Audit Team Leader Banking 60,920 EUR
Loan Branch Manager Banking 54,280 EUR
Loan Business Development Officer Banking 31,080 EUR
Loan Clerk Banking 19,220 EUR
Loan Collection and Recovery Manager Banking 61,580 EUR
Loan Collection Manager Banking 61,840 EUR
Loan Collector Banking 15,700 EUR
Loan Examiner Banking 24,820 EUR
Loan Officer Banking 17,740 EUR
Loan Processing Manager Banking 53,660 EUR
Loan Processor Banking 20,760 EUR
Loan Quality Assurance Auditor Banking 50,660 EUR
Loan Quality Assurance Manager Banking 57,360 EUR
Loan Quality Assurance Representative Banking 40,240 EUR
Loan Review Manager Banking 61,400 EUR
Loan Team Leader Banking 53,160 EUR
Loans Manager Banking 73,040 EUR
Mortgage Advisor Banking 33,520 EUR
Mortgage Collection Manager Banking 60,480 EUR
Mortgage Collector Banking 18,260 EUR
Mortgage Credit Analyst Banking 26,660 EUR
Mortgage Credit Manager Banking 57,620 EUR
Mortgage Development Manager Banking 67,300 EUR
Mortgage Document Reviewer Banking 23,500 EUR
Mortgage Funding Manager Banking 64,720 EUR
Mortgage Operations Manager Banking 92,240 EUR
Mortgage Payment Processing Clerk Banking 21,100 EUR
Mortgage Processing Manager Banking 55,820 EUR
Mortgage Processor Banking 21,300 EUR
Mortgage Quality Assurance Auditor Banking 46,880 EUR
Mortgage Quality Assurance Manager Banking 58,200 EUR
Mortgage Servicing Clerk Banking 18,780 EUR
Mortgage Servicing Manager Banking 59,380 EUR
Mortgage Underwriter Banking 21,560 EUR
Online Banking Manager Banking 91,660 EUR
Payment Processing Clerk Banking 15,920 EUR
Personal Banker Banking 36,580 EUR
Personal Banking Advisor Banking 38,260 EUR
Phone Banker Banking 26,020 EUR
Private Banker Banking 37,620 EUR
Reconciliation and Investigation Specialist Banking 42,400 EUR
Tax Officer Banking 32,960 EUR
Teller Banking 17,860 EUR
Trade Officer Banking 19,940 EUR
Trade Product Manager Banking 57,800 EUR
Trader Banking 23,080 EUR
Treasury Operations Officer Banking 43,520 EUR

Salary Comparison by City

If you want to compare salaries with different cities in Austria, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Dornbirn 26,080 EUR
Graz 28,860 EUR
Innsbruck 27,020 EUR
Klagenfurt 25,660 EUR
Linz 26,100 EUR
Salzburg 26,400 EUR
St. Polten 24,200 EUR
Vienna 30,840 EUR
Villach 29,040 EUR
Wels 23,700 EUR
Wiener Neustadt 23,140 EUR

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