Average Online Banking Manager Salary in Tallinn, Estonia for 2026

In this article, we will look at the average Online Banking Manager salary for 2026 in Tallinn 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 .

How Much Does an Online Banking Manager Make in Tallinn?

An Online Banking Manager working in Tallinn will typically earn around 66,580 EUR per year, and this can range from the lowest average salary of about 31,040 EUR to the highest average salary of 102,380 EUR.

Average Annual Salary66,580 EUR
Average Monthly Salary5,548 EUR
Average Lowest Salary31,040 EUR
Lowest Monthly Salary2,586 EUR
Average Highest Salary102,380 EUR
Highest Monthly Salary8,531 EUR

These are average salaries for an Online Banking Manager in Tallinn and include benefits such as housing and transport. It's also possible for an Online Banking Manager to earn more or less than the average salaries shown above.

Online Banking Manager 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 Online Banking Manager Salaries in Tallinn

So we've looked at the average salaries an Online Banking Manager will earn in Tallinn. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Online Banking Manager can earn between 31,040 EUR and 102,380 EUR on average in Tallinn. 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 an Online Banking Manager in Tallinn is 66,580 EUR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 66,580 EUR, and 50% of the population earn more than 66,580 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 Online Banking Manager salary in Tallinn, 25% of the population are earning less than 43,340 EUR while 75% of the population earn more than 43,340 EUR.

75% of the population earn less than 84,780 EUR, and 25% of the population earn more than 84,780 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.

Online Banking Manager Salary by Experience Level in Tallinn

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 Online Banking Manager 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. An Online Banking Manager in Tallinn that has less than two years of experience can expect to earn somewhere in the region of 40,420 EUR.
  • 2 - 5 Years Experience. With two to five years of experience the average Online Banking Manager salary would increase to 51,340 EUR.
  • 5 - 10 Years Experience. From five to ten years of experience as an Online Banking Manager, the average salary would be 70,260 EUR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 81,180 EUR.
  • 15 - 20 Years Experience. An Online Banking Manager with 15 to 20 years of experience can earn an average of 88,480 EUR.
  • 20+ Years Experience. For an Online Banking Manager with more than 20 years, the expected average salary increases to 96,960 EUR.

Average Salary by Experience Chart

0-2 Years-
40,420 EUR
2-5 Years+32%
51,340 EUR
5-10 Years+34%
70,260 EUR
10-15 Years+19%
81,180 EUR
15-20 Years+8%
88,480 EUR
20+ Years+7%
96,960 EUR

Online Banking Manager Salary by Education Level in Tallinn

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 an Online Banking Manager in Tallinn 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. An Online Banking Manager in Tallinn with a bachelor's degree education can earn an average salary of 55,320 EUR.
  • Master's Degree. An Online Banking Manager in Tallinn with a master's degree education can earn an average salary of 89,800 EUR.

Average Salary by Education Chart

Bachelor's Degree-
55,320 EUR
Master's Degree+58%
89,800 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 Estonia is around 13,700 to 41,000 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.

Online Banking Manager 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 Tallinn, a male online banking manager will earn an average of 60,920 EUR, while a female online banking manager will earn around 58,860 EUR.

This means that a male online banking manager earns approximately 3% more than a female online banking manager for performing the same job.

Average Salary by Gender Chart in Tallinn

Male-
60,920 EUR
Female-3%
58,860 EUR

Online Banking Manager Average Pay Raise in Tallinn

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 an Online Banking Manager in Tallinn is around 13% every 18 months.

The national average pay raise across all professions and industries in Estonia is around 8% every 18 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 = ( 13 ÷ 18 ) × 12  = 9%

What this means is that an Online Banking Manager in Tallinn can expect to receive an average pay raise of around 9% every 12 months.

Annual Pay Raise by Industry in Tallinn for 2026

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

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%

Online Banking Manager Bonus and Incentive Rates in Tallinn

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.

An Online Banking Manager is a high bonus based job, with 82% of employees reporting at least one bonus in the last 12 months.

18% 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 5% to 9%.

Received Bonus-
82%
No Bonus-
18%

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 Estonia earn approximately 7% more than private sector employees in the same role.

Public Sector-
35,500 EUR
Private Sector-7%
33,120 EUR

Salaries for Jobs Similar to an Online Banking Manager

In the table below, we have salary information for jobs that are similar to an Online Banking Manager in Tallinn.

Job TitleCategorySalary
AML AnalystBanking50,660 EUR
ATM ManagerBanking47,540 EUR
ATM Service TechnicianBanking13,960 EUR
Assistant Bank Branch ManagerBanking43,340 EUR
Assistant Bank ManagerBanking55,840 EUR
Bank Accounts AnalystBanking18,780 EUR
Bank Accounts CollectorBanking10,220 EUR
Bank Accounts ControllerBanking22,400 EUR
Bank Accounts ExecutiveBanking34,960 EUR
Bank Accounts ManagerBanking43,340 EUR
Bank Auditing ManagerBanking42,320 EUR
Bank Branch ManagerBanking58,440 EUR
Bank Branch Operations CoordinatorBanking26,020 EUR
Bank ClerkBanking10,080 EUR
Bank Client Service AssociateBanking15,760 EUR
Bank CollectorBanking10,080 EUR
Bank Compliance SpecialistBanking28,680 EUR
Bank ManagerBanking69,180 EUR
Bank Operational Risk ManagerBanking66,100 EUR
Bank Operations HeadBanking68,400 EUR
Bank Operations OfficerBanking27,380 EUR
Bank Operations SpecialistBanking44,180 EUR
Bank Process ManagerBanking39,160 EUR
Bank Product Manager Banking44,300 EUR
Bank Programme ManagerBanking46,980 EUR
Bank Project ManagerBanking52,180 EUR
Bank Propositions ManagerBanking49,560 EUR
Bank Quantitative AnalystBanking35,300 EUR
Bank Regional ManagerBanking66,960 EUR
Bank Regional Risk OfficerBanking34,480 EUR
Bank Relationship ManagerBanking48,640 EUR
Bank Relationship OfficerBanking22,660 EUR
Bank TellerBanking12,180 EUR
BankerBanking24,280 EUR
Banking Business AnalystBanking36,160 EUR
Banking Business Development OfficerBanking22,540 EUR
Banking Business Planning ExecutiveBanking50,560 EUR
Banking Product ManagerBanking45,060 EUR
Banking Reference Data ManagerBanking37,740 EUR
Banking Risk AnalystBanking36,160 EUR
Banking Technical AnalystBanking17,740 EUR
Bankruptcy CoordinatorBanking23,260 EUR
Bill and Account CollectorBanking13,060 EUR
Budget AnalystBanking35,300 EUR
Capital Risk ManagerBanking61,760 EUR
Cards Marketing ManagerBanking42,320 EUR
Cash Management ManagerBanking60,340 EUR
Check Processing ManagerBanking45,060 EUR
Commercial Vault AssociateBanking35,500 EUR
Corporate BankerBanking25,680 EUR
Corporate DealerBanking37,380 EUR
Credit AnalystBanking25,160 EUR
Credit Card Fraud InvestigatorBanking37,740 EUR
Credit Portfolio ManagerBanking66,480 EUR
Credit Risk AnalystBanking39,560 EUR
Credit Risk AssociateBanking35,000 EUR
Credit and Collections ManagerBanking48,920 EUR
Direct Bank Sales RepresentativeBanking22,400 EUR
Exchange Control ConsultantBanking39,080 EUR
Executive Account AnalystBanking33,520 EUR
Financial Bank Planning ConsultantBanking44,800 EUR
Financial Banking Analysis ManagerBanking53,120 EUR
Financial Banking AssistantBanking16,400 EUR
Financial Banking Systems ManagerBanking50,080 EUR
Foreign Exchange ManagerBanking52,180 EUR
Fraud AnalystBanking35,260 EUR
Fraud Detection AssociateBanking26,020 EUR
Fraud Detection ManagerBanking56,640 EUR
Fraud Detection SupervisorBanking33,120 EUR
Internal Bank Audit ManagerBanking63,700 EUR
Internal Bank AuditorBanking34,120 EUR
Internal Private BankerBanking24,800 EUR
International Banking ManagerBanking73,820 EUR
Investment Banking AnalystBanking48,560 EUR
Loan AnalystBanking34,960 EUR
Loan Area ManagerBanking45,200 EUR
Loan Audit Team LeaderBanking40,040 EUR
Loan Branch ManagerBanking40,560 EUR
Loan Business Development OfficerBanking21,020 EUR
Loan ClerkBanking13,540 EUR
Loan Collection ManagerBanking42,320 EUR
Loan Collection and Recovery ManagerBanking41,900 EUR
Loan CollectorBanking12,180 EUR
Loan ExaminerBanking17,260 EUR
Loan OfficerBanking12,240 EUR
Loan Processing ManagerBanking38,140 EUR
Loan ProcessorBanking17,540 EUR
Loan Quality Assurance AuditorBanking36,160 EUR
Loan Quality Assurance ManagerBanking36,720 EUR
Loan Quality Assurance RepresentativeBanking28,180 EUR
Loan Review ManagerBanking41,700 EUR
Loan Team LeaderBanking35,300 EUR
Loans ManagerBanking46,280 EUR
Mortgage AdvisorBanking24,860 EUR
Mortgage Collection ManagerBanking43,480 EUR
Mortgage CollectorBanking10,080 EUR
Mortgage Credit AnalystBanking17,860 EUR
Mortgage Credit ManagerBanking41,980 EUR
Mortgage Development ManagerBanking44,720 EUR
Mortgage Document ReviewerBanking14,840 EUR
Mortgage Funding ManagerBanking47,760 EUR
Mortgage Operations ManagerBanking60,480 EUR
Mortgage Payment Processing ClerkBanking12,000 EUR
Mortgage Processing ManagerBanking39,560 EUR
Mortgage ProcessorBanking17,020 EUR
Mortgage Quality Assurance AuditorBanking33,980 EUR
Mortgage Quality Assurance ManagerBanking36,720 EUR
Mortgage Servicing ClerkBanking13,700 EUR
Mortgage Servicing ManagerBanking40,140 EUR
Mortgage UnderwriterBanking17,260 EUR
Payment Processing ClerkBanking13,780 EUR
Personal BankerBanking25,160 EUR
Personal Banking Advisor Banking23,360 EUR
Phone BankerBanking17,540 EUR
Private BankerBanking24,200 EUR
Reconciliation and Investigation SpecialistBanking28,860 EUR
Tax OfficerBanking19,160 EUR
TellerBanking11,040 EUR
Trade OfficerBanking15,880 EUR
Trade Product ManagerBanking42,460 EUR
TraderBanking15,380 EUR
Treasury Operations OfficerBanking32,200 EUR

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