Average Compliance Officer Salary in Austria for 2024

In this article, we will look at the average Compliance Officer 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 Compliance Officer Make in Austria?

A Compliance Officer working in Austria will typically earn around 40,240 EUR per year, and this can range from the lowest average salary of about 21,100 EUR to the highest average salary of 61,400 EUR.

Average Annual Salary
40,240 EUR
Average Monthly Salary
3,353 EUR

Lowest Annual Salary
21,100 EUR
Lowest Monthly Salary
1,758 EUR

Highest Annual Salary
61,400 EUR
Highest Monthly Salary
5,116 EUR

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

Compliance Officer 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 Compliance Officer Salaries in Austria

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

Salary ranges

We already know that a Compliance Officer can earn between 21,100 EUR and 61,400 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 Compliance Officer in Austria is 37,380 EUR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 37,380 EUR, and 50% of the population earn more than 37,380 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 Compliance Officer salary in Austria, 25% of the population are earning less than 25,160 EUR while 75% of the population earn more than 25,160 EUR.

75% of the population earn less than 48,820 EUR, and 25% of the population earn more than 48,820 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.

Compliance Officer 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 compliance officer 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 Compliance Officer in Austria that has less than two years of experience can expect to earn somewhere in the region of 22,660 EUR.
  • 2 - 5 Years Experience. With two to five years of experience the average Compliance Officer salary would increase to 31,380 EUR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Compliance Officer, the average salary would be 42,040 EUR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 48,560 EUR.
  • 15 - 20 Years Experience. A Compliance Officer with 15 to 20 years of experience can earn an average of 52,820 EUR.
  • 20+ Years Experience. For a Compliance Officer with more than 20 years, the expected average salary increases to 55,580 EUR.

Average Salary by Experience Chart

0-2 Years
22,660 EUR
2-5 Years +34%
31,380 EUR
5-10 Years +30%
42,040 EUR
10-15 Years +21%
48,560 EUR
15-20 Years +9%
52,820 EUR
20+ Years +5%
55,580 EUR

Compliance Officer 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 Compliance Officer 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 Compliance Officer in Austria with a certificate or diploma education can earn an average salary of 28,180 EUR.

  • Bachelor's Degree. A Compliance Officer in Austria with a bachelor's degree education can earn an average salary of 41,560 EUR.

  • Master's Degree. A Compliance Officer in Austria with a master's degree education can earn an average salary of 58,280 EUR.

Average Salary by Education Chart

Certificate or Diploma
28,180 EUR
Bachelor's Degree +52%
41,560 EUR
Master's Degree +42%
58,280 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.

Compliance Officer 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 compliance officer will earn an average of 41,980 EUR, while a female compliance officer will earn around 37,800 EUR.

This means that a male compliance officer earns approximately 11% more than a female compliance officer for performing the same job.

Average Salary by Gender Chart in Austria

Male
41,980 EUR
Female -11%
37,800 EUR

Compliance Officer 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 Compliance Officer in Austria is around 7% every 28 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 = ( 7 ÷ 28 ) × 12  = 3%

What this means is that a Compliance Officer in Austria can expect to receive an average pay raise of around 3% 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%

Compliance Officer 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 Compliance Officer is a low bonus based job, with 10% of employees reporting at least one bonus in the last 12 months.

90% 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 1% to 3%.

Received Bonus
10%
No Bonus
90%

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 Compliance Officer

In the table below, we have salary information for jobs that are similar to a Compliance Officer in Austria.

Job Title Category Salary
Actuarial Analyst Insurance 61,760 EUR
Actuarial Assistant Insurance 46,840 EUR
Actuarial Specialist Insurance 48,340 EUR
Actuary Insurance 63,040 EUR
Adjustment Insurance Clerk Insurance 15,700 EUR
Assistant Broker Insurance 27,480 EUR
Assistant Claims Manager Insurance 48,760 EUR
Associate Insurance Representative Insurance 26,020 EUR
Auditing Insurance Manager Insurance 69,040 EUR
Broker Insurance 48,820 EUR
Claim Advocacy Professional Insurance 46,880 EUR
Claims Adjuster Insurance 18,780 EUR
Claims Analyst Insurance 27,020 EUR
Claims Examiner Insurance 27,380 EUR
Claims Manager Insurance 64,560 EUR
Claims Processor Insurance 16,340 EUR
Claims Representative Insurance 23,520 EUR
Claims Resolution Specialist Insurance 51,800 EUR
Claims Supervisor Insurance 45,000 EUR
Complaints Specialist Insurance 43,760 EUR
Compliance Examiner Insurance 45,620 EUR
Compliance Reviewer Insurance 45,620 EUR
Consultant Insurance 47,720 EUR
Eligibility Interviewer Insurance 53,860 EUR
Eligibility Specialist Insurance 45,600 EUR
Insurance Account Manager Insurance 59,380 EUR
Insurance Accounts Executive Insurance 51,340 EUR
Insurance Adjuster Insurance 43,480 EUR
Insurance Agent Insurance 27,480 EUR
Insurance Analyst Insurance 48,820 EUR
Insurance Appraiser Insurance 50,580 EUR
Insurance Claims Clerk Insurance 15,380 EUR
Insurance Examiner Insurance 41,560 EUR
Insurance Investigator Insurance 44,140 EUR
Insurance Manager Insurance 80,340 EUR
Insurance Operations Manager Insurance 80,540 EUR
Insurance Policy Processing Clerk Insurance 15,700 EUR
Insurance Pricing Assistant Insurance 37,620 EUR
Insurance Program Manager Insurance 60,400 EUR
Insurance Project Manager Insurance 60,920 EUR
Insurance Quality Assurance Agent Insurance 40,420 EUR
Insurance Sales Agent Insurance 26,400 EUR
Insurance Sales Director Insurance 77,100 EUR
Insurance Sales Manager Insurance 60,480 EUR
Insurance Sales Representative Insurance 25,680 EUR
Insurance Team Leader Insurance 48,640 EUR
Insurance Underwriter Insurance 34,380 EUR
Loss Control Specialist Insurance 47,760 EUR
Loss Prevention Investigator Insurance 50,980 EUR
Loss Prevention Manager Insurance 66,580 EUR
Loss Prevention Specialist Insurance 46,880 EUR
Marine Underwriter Insurance 33,980 EUR
Medical Auditor Insurance 45,260 EUR
Monitoring and Performance Officer Insurance 34,160 EUR
Payment Services Specialist Insurance 50,580 EUR
Policy Change Director Insurance 76,540 EUR
Policy Change Supervisor Insurance 53,660 EUR
Policy Change Technician Insurance 19,940 EUR
Risk Analyst Insurance 51,340 EUR
Risk Management Director Insurance 92,400 EUR
Risk Management Supervisor Insurance 61,460 EUR
Risk Manager Insurance 89,120 EUR
Risk Modeling Manager Insurance 92,240 EUR
Title Insurance Typist Insurance 42,320 EUR
Training Manager Insurance 51,100 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 30,770 EUR
Graz 38,600 EUR
Innsbruck 32,090 EUR
Klagenfurt 35,000 EUR
Linz 35,110 EUR
Salzburg 34,480 EUR
St. Polten 32,370 EUR
Vienna 38,790 EUR
Villach 32,160 EUR
Wels 31,720 EUR
Wiener Neustadt 29,330 EUR

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