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Average Quantitative Research Analyst Salary in Italy for 2026

A quantitative research analyst in Italy earns about 68,060 EUR a year. That's 51% above the national average of 45,200 EUR.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in Italy sit around 31,400 EUR a year, while the very top stretches to 105,300 EUR. Everything on this page is in Euro (EUR, 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 Italy, 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 quantitative research analyst make in Italy?

Average salary
68,060 EUR
5,671 EUR per month
Lowest reported
31,400 EUR
2,616 EUR per month
Highest reported
105,300 EUR
8,775 EUR per month

A typical quantitative research analyst working in Italy brings home around 5,671 EUR a month before tax. Entry-level pay starts near 31,400 EUR, and the top of the ladder reaches roughly 105,300 EUR 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 quantitative research 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. For a cross-country comparison, see the quantitative research analyst salary in Belgium or Netherlands, both of which pay in the same currency.


How quantitative research analyst pay ranges in Italy

A good way to think about salary in Italy is to look at the distribution rather than the headline average. Half of all quantitative research analysts in Italy earn less than 71,660 EUR 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 46,160 EUR (the 25th percentile), and a quarter clear 96,960 EUR (the 75th percentile). The middle 50% of quantitative research analysts sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 31,400 EUR. The highest stretch to 105,300 EUR, 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.

31,400
Low
71,660
Median
105,300
High
46,160
25th
96,960
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in EUR

Quantitative research analyst pay by experience in Italy

Years of experience is the single biggest lever on pay for a quantitative research analyst in Italy, 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 quantitative research analyst salary changes as you move through the career ladder.

  • 0-2 Years
    33,980 EUR
  • 2-5 Years
    +39% from previous
    47,120 EUR
  • 5-10 Years
    +46% from previous
    68,900 EUR
  • 10-15 Years
    +21% from previous
    83,200 EUR
  • 15-20 Years
    +9% from previous
    90,660 EUR
  • 20+ Years
    +7% from previous
    97,300 EUR

The single largest jump on the ladder is from 2 - 5 Years to 5 - 10 Years, where pay rises by about 46%. That is the point at which a quantitative research 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.


Quantitative research analyst pay by education in Italy

Education sits alongside experience as one of the biggest factors driving quantitative research analyst pay in Italy. 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 quantitative research analyst salary in Italy broken down by the highest level of education a worker has completed.

  • Bachelor's Degree
    38,700 EUR
  • Master's Degree
    +60% from previous
    61,840 EUR
  • PhD
    +67% from previous
    103,440 EUR

Quantitative research analyst gender pay gap in Italy

The gender pay gap is a stubborn feature of almost every labour market, and Italy is no exception. Male quantitative research analysts in Italy earn an average of 66,960 EUR a year, while female quantitative research analysts earn around 63,480 EUR. That works out to a 5% 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.

Quantitative Research Analyst gender pay gap

5%

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

Men 66,960 EUR
Women 63,480 EUR

Pay raises for a quantitative research analyst in Italy

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 Italy sees a raise of about 12% every 17 months, which works out to roughly 8% 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 Italy, the national average raise is around 8% every 17 months.

By industry

Industries with the highest pay raises in Italy:

  • Banking
  • Energy
  • Information Technology
  • Healthcare
  • 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

Quantitative research analyst bonus rates in Italy

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 quantitative research analysts in Italy reported a bonus of some kind in the past twelve months. That makes a quantitative research 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 2% to 7% of base salary. The remaining 39% of quantitative research analysts reported no bonus at all over the same period.

Which careers pay bonuses in Italy

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

Quantitative research analyst: public vs private sector pay

Public-sector pay in Italy is about 5% 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

5%

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

Public sector 46,280 EUR
Private sector 44,180 EUR

Quantitative research analyst salary by city in Italy

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

  • Rome
  • Milano
  • Palermo
  • Napoli
  • Torino
  • Bologna
  • Catania
  • Genova
  • Parma
  • Trieste
LocationTypeAverageMedianRange
RomeCity70,260 EUR73,980 EUR33,120-110,380 EUR
MilanoCity69,260 EUR74,300 EUR31,520-111,000 EUR
PalermoCity67,900 EUR72,700 EUR29,160-106,600 EUR
NapoliCity66,820 EUR69,180 EUR28,680-104,600 EUR
TorinoCity64,620 EUR70,700 EUR31,660-105,620 EUR
BolognaCity62,460 EUR67,300 EUR27,020-99,340 EUR
CataniaCity61,840 EUR66,260 EUR26,860-99,340 EUR
GenovaCity60,600 EUR67,020 EUR29,840-99,560 EUR
ParmaCity57,860 EUR64,560 EUR29,040-92,680 EUR
TriesteCity57,820 EUR66,020 EUR26,660-95,860 EUR


Quantitative Research Analyst in Italy: FAQs

  • How much does a quantitative research analyst make per month in Italy?

    A quantitative research analyst in Italy earns about 5,671 EUR a month before tax, based on an annual average of 68,060 EUR.

  • What's the salary range for a quantitative research analyst in Italy?

    Entry-level quantitative research analysts in Italy start near 31,400 EUR. Top-end pay reaches around 105,300 EUR. The middle 50% of earners sit between 46,160 and 96,960 EUR.

  • Is the median quantitative research analyst salary in Italy higher or lower than the average?

    The median is 71,660 EUR, higher than the average of 68,060 EUR. Half of quantitative research analysts in Italy earn below the median, half earn above it.

  • What's the gender pay gap for quantitative research analysts in Italy?

    Men working as a quantitative research analyst in Italy earn around 5% more than women on average (66,960 vs 63,480 EUR a year).

  • Do quantitative research analysts in Italy get bonuses?

    About 61% of quantitative research analysts in Italy reported a bonus in the past 12 months. Reported bonuses ranged from 2% to 7% of base salary.

  • Do quantitative research analysts earn more in the public or private sector in Italy?

    In Italy, the public sector pays a quantitative research analyst about 5% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.

  • How often do quantitative research analysts in Italy get a pay raise?

    A quantitative research analyst in Italy sees a raise of around 12% every 17 months, equivalent to roughly 8% a year.