Average Credit Analyst Salary in Netherlands for 2024

In this article, we will look at the average Credit Analyst salary for 2024 in Netherlands 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 Credit Analyst Make in Netherlands?

A Credit Analyst working in Netherlands will typically earn around 47,400 EUR per year, and this can range from the lowest average salary of about 24,720 EUR to the highest average salary of 72,380 EUR.

Average Annual Salary
47,400 EUR
Average Monthly Salary
3,950 EUR

Lowest Annual Salary
24,720 EUR
Lowest Monthly Salary
2,060 EUR

Highest Annual Salary
72,380 EUR
Highest Monthly Salary
6,031 EUR

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

Credit 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 Credit Analyst Salaries in Netherlands

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

Salary ranges

We already know that a Credit Analyst can earn between 24,720 EUR and 72,380 EUR on average in Netherlands. 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 Credit Analyst in Netherlands is 45,560 EUR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 45,560 EUR, and 50% of the population earn more than 45,560 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 Credit Analyst salary in Netherlands, 25% of the population are earning less than 31,960 EUR while 75% of the population earn more than 31,960 EUR.

75% of the population earn less than 54,140 EUR, and 25% of the population earn more than 54,140 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.

Credit Analyst Salary by Experience Level in Netherlands

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 credit 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 Credit Analyst in Netherlands that has less than two years of experience can expect to earn somewhere in the region of 32,020 EUR.
  • 2 - 5 Years Experience. With two to five years of experience the average Credit Analyst salary would increase to 39,640 EUR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Credit Analyst, the average salary would be 49,560 EUR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 58,520 EUR.
  • 15 - 20 Years Experience. A Credit Analyst with 15 to 20 years of experience can earn an average of 66,580 EUR.
  • 20+ Years Experience. For a Credit Analyst with more than 20 years, the expected average salary increases to 69,780 EUR.

Average Salary by Experience Chart

0-2 Years
32,020 EUR
2-5 Years +26%
39,640 EUR
5-10 Years +32%
49,560 EUR
10-15 Years +18%
58,520 EUR
15-20 Years +11%
66,580 EUR
20+ Years +6%
69,780 EUR

Credit Analyst Salary by Education Level in Netherlands

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 Credit Analyst in Netherlands based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. A Credit Analyst in Netherlands with a bachelor's degree education can earn an average salary of 39,800 EUR.

  • Master's Degree. A Credit Analyst in Netherlands with a master's degree education can earn an average salary of 58,000 EUR.

Average Salary by Education Chart

Bachelor's Degree
39,800 EUR
Master's Degree +53%
58,000 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 Netherlands is around 24,400 to 73,300 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.

Credit 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 Netherlands, a male credit analyst will earn an average of 48,560 EUR, while a female credit analyst will earn around 48,820 EUR.

This means that a male credit analyst earns approximately 1% less than a female credit analyst for performing the same job.

Average Salary by Gender Chart in Netherlands

Male
48,560 EUR
Female +1%
48,820 EUR

Credit Analyst Average Pay Raise in Netherlands

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 Credit Analyst in Netherlands is around 12% every 14 months.

The national average pay raise across all professions and industries in Netherlands is around 9% every 15 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 = ( 12 ÷ 14 ) × 12  = 10%

What this means is that a Credit Analyst in Netherlands can expect to receive an average pay raise of around 10% every 12 months.

Annual Pay Raise by Industry in Netherlands for 2024

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

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

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

Credit Analyst Bonus and Incentive Rates in Netherlands

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 Credit Analyst is a moderate bonus based job, with 52% of employees reporting at least one bonus in the last 12 months.

48% 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
52%
No Bonus
48%

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 Netherlands earn approximately 4% more than private sector employees in the same role.

Public Sector
58,720 EUR
Private Sector -4%
56,640 EUR

Salaries for Jobs Similar to a Credit Analyst

In the table below, we have salary information for jobs that are similar to a Credit Analyst in Netherlands.

Job Title Category Salary
AML Analyst Banking 86,420 EUR
Assistant Bank Branch Manager Banking 77,860 EUR
Assistant Bank Manager Banking 101,980 EUR
ATM Manager Banking 84,780 EUR
ATM Service Technician Banking 25,940 EUR
Bank Accounts Analyst Banking 35,520 EUR
Bank Accounts Collector Banking 21,380 EUR
Bank Accounts Controller Banking 43,260 EUR
Bank Accounts Executive Banking 66,440 EUR
Bank Accounts Manager Banking 72,260 EUR
Bank Auditing Manager Banking 73,800 EUR
Bank Branch Manager Banking 104,080 EUR
Bank Branch Operations Coordinator Banking 47,580 EUR
Bank Clerk Banking 19,380 EUR
Bank Client Service Associate Banking 28,660 EUR
Bank Collector Banking 23,520 EUR
Bank Compliance Specialist Banking 56,140 EUR
Bank Manager Banking 124,400 EUR
Bank Operational Risk Manager Banking 119,900 EUR
Bank Operations Head Banking 125,700 EUR
Bank Operations Officer Banking 49,820 EUR
Bank Operations Specialist Banking 73,980 EUR
Bank Process Manager Banking 67,320 EUR
Bank Product Manager Banking 79,120 EUR
Bank Programme Manager Banking 86,740 EUR
Bank Project Manager Banking 92,880 EUR
Bank Propositions Manager Banking 88,480 EUR
Bank Quantitative Analyst Banking 58,520 EUR
Bank Regional Manager Banking 124,400 EUR
Bank Regional Risk Officer Banking 60,600 EUR
Bank Relationship Manager Banking 87,880 EUR
Bank Relationship Officer Banking 43,080 EUR
Bank Teller Banking 19,940 EUR
Banker Banking 46,840 EUR
Banking Business Analyst Banking 63,040 EUR
Banking Business Development Officer Banking 38,780 EUR
Banking Business Planning Executive Banking 88,620 EUR
Banking Product Manager Banking 80,480 EUR
Banking Reference Data Manager Banking 68,580 EUR
Banking Risk Analyst Banking 64,640 EUR
Banking Technical Analyst Banking 34,380 EUR
Bankruptcy Coordinator Banking 45,720 EUR
Bill and Account Collector Banking 22,400 EUR
Budget Analyst Banking 61,580 EUR
Capital Risk Manager Banking 112,760 EUR
Cards Marketing Manager Banking 78,120 EUR
Cash Management Manager Banking 105,620 EUR
Check Processing Manager Banking 80,640 EUR
Commercial Vault Associate Banking 66,820 EUR
Corporate Banker Banking 45,600 EUR
Corporate Dealer Banking 66,180 EUR
Credit and Collections Manager Banking 87,520 EUR
Credit Card Fraud Investigator Banking 61,680 EUR
Credit Portfolio Manager Banking 113,740 EUR
Credit Risk Analyst Banking 75,280 EUR
Credit Risk Associate Banking 66,580 EUR
Direct Bank Sales Representative Banking 48,340 EUR
Exchange Control Consultant Banking 67,020 EUR
Executive Account Analyst Banking 59,660 EUR
Financial Bank Planning Consultant Banking 79,600 EUR
Financial Banking Analysis Manager Banking 96,220 EUR
Financial Banking Assistant Banking 31,080 EUR
Financial Banking Systems Manager Banking 87,040 EUR
Foreign Exchange Manager Banking 90,900 EUR
Fraud Analyst Banking 67,800 EUR
Fraud Detection Associate Banking 47,580 EUR
Fraud Detection Manager Banking 98,440 EUR
Fraud Detection Supervisor Banking 53,320 EUR
Internal Bank Audit Manager Banking 112,000 EUR
Internal Bank Auditor Banking 63,480 EUR
Internal Private Banker Banking 46,840 EUR
International Banking Manager Banking 125,700 EUR
Investment Banking Analyst Banking 93,280 EUR
Loan Analyst Banking 60,340 EUR
Loan Area Manager Banking 79,600 EUR
Loan Audit Team Leader Banking 71,280 EUR
Loan Branch Manager Banking 68,400 EUR
Loan Business Development Officer Banking 41,980 EUR
Loan Clerk Banking 24,840 EUR
Loan Collection and Recovery Manager Banking 72,540 EUR
Loan Collection Manager Banking 79,360 EUR
Loan Collector Banking 20,760 EUR
Loan Examiner Banking 26,280 EUR
Loan Officer Banking 23,700 EUR
Loan Processing Manager Banking 69,040 EUR
Loan Processor Banking 30,840 EUR
Loan Quality Assurance Auditor Banking 66,100 EUR
Loan Quality Assurance Manager Banking 69,040 EUR
Loan Quality Assurance Representative Banking 50,240 EUR
Loan Review Manager Banking 72,360 EUR
Loan Team Leader Banking 66,680 EUR
Loans Manager Banking 86,460 EUR
Mortgage Advisor Banking 44,720 EUR
Mortgage Collection Manager Banking 79,360 EUR
Mortgage Collector Banking 20,460 EUR
Mortgage Credit Analyst Banking 32,900 EUR
Mortgage Credit Manager Banking 72,360 EUR
Mortgage Development Manager Banking 78,500 EUR
Mortgage Document Reviewer Banking 27,020 EUR
Mortgage Funding Manager Banking 80,180 EUR
Mortgage Operations Manager Banking 110,380 EUR
Mortgage Payment Processing Clerk Banking 24,800 EUR
Mortgage Processing Manager Banking 75,040 EUR
Mortgage Processor Banking 29,840 EUR
Mortgage Quality Assurance Auditor Banking 66,020 EUR
Mortgage Quality Assurance Manager Banking 69,060 EUR
Mortgage Servicing Clerk Banking 22,340 EUR
Mortgage Servicing Manager Banking 67,300 EUR
Mortgage Underwriter Banking 27,480 EUR
Online Banking Manager Banking 114,900 EUR
Payment Processing Clerk Banking 24,820 EUR
Personal Banker Banking 45,260 EUR
Personal Banking Advisor Banking 48,740 EUR
Phone Banker Banking 31,380 EUR
Private Banker Banking 49,700 EUR
Reconciliation and Investigation Specialist Banking 54,460 EUR
Tax Officer Banking 40,420 EUR
Teller Banking 22,420 EUR
Trade Officer Banking 26,080 EUR
Trade Product Manager Banking 74,560 EUR
Trader Banking 32,620 EUR
Treasury Operations Officer Banking 56,460 EUR

Salary Comparison by City

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

City Average Salary
Almere 48,920 EUR
Amsterdam 51,800 EUR
Breda 45,600 EUR
Eindhoven 49,560 EUR
Groningen 47,720 EUR
Nijmegen 47,760 EUR
Rotterdam 53,600 EUR
s-Gravenhage 52,180 EUR
Tilburg 48,940 EUR
Utrecht 50,980 EUR

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