Average Quantitative Researcher Salary in Hungary for 2024

In this article, we will look at the average Quantitative Researcher salary for 2024 in Hungary 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 Hungarian forint. To keep things simple, we are using the HUF currency code instead of the currency symbol Ft.

How Much Does a Quantitative Researcher Make in Hungary?

A Quantitative Researcher working in Hungary will typically earn around 7,750,400 HUF per year, and this can range from the lowest average salary of about 3,635,200 HUF to the highest average salary of 12,239,700 HUF.

Average Annual Salary
7,750,400 HUF
Average Monthly Salary
645,866 HUF

Lowest Annual Salary
3,635,200 HUF
Lowest Monthly Salary
302,933 HUF

Highest Annual Salary
12,239,700 HUF
Highest Monthly Salary
1,019,975 HUF

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

Quantitative Researcher 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 Quantitative Researcher Salaries in Hungary

So we've looked at the average salaries a Quantitative Researcher will earn in Hungary. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Quantitative Researcher can earn between 3,635,200 HUF and 12,239,700 HUF on average in Hungary. 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 Quantitative Researcher in Hungary is 8,206,100 HUF. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 8,206,100 HUF, and 50% of the population earn more than 8,206,100 HUF.

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 Quantitative Researcher salary in Hungary, 25% of the population are earning less than 5,340,600 HUF while 75% of the population earn more than 5,340,600 HUF.

75% of the population earn less than 10,835,000 HUF, and 25% of the population earn more than 10,835,000 HUF.

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.

Quantitative Researcher Salary by Experience Level in Hungary

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 quantitative researcher 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 Quantitative Researcher in Hungary that has less than two years of experience can expect to earn somewhere in the region of 4,201,000 HUF.
  • 2 - 5 Years Experience. With two to five years of experience the average Quantitative Researcher salary would increase to 5,794,900 HUF.
  • 5 - 10 Years Experience. From five to ten years of experience as a Quantitative Researcher, the average salary would be 8,242,900 HUF.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 10,044,200 HUF.
  • 15 - 20 Years Experience. A Quantitative Researcher with 15 to 20 years of experience can earn an average of 10,608,800 HUF.
  • 20+ Years Experience. For a Quantitative Researcher with more than 20 years, the expected average salary increases to 11,557,500 HUF.

Average Salary by Experience Chart

0-2 Years
4,201,000 HUF
2-5 Years +38%
5,794,900 HUF
5-10 Years +42%
8,242,900 HUF
10-15 Years +22%
10,044,200 HUF
15-20 Years +6%
10,608,800 HUF
20+ Years +9%
11,557,500 HUF

Quantitative Researcher Salary by Education Level in Hungary

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 Quantitative Researcher in Hungary 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 Quantitative Researcher in Hungary with a bachelor's degree education can earn an average salary of 5,363,700 HUF.

  • Master's Degree. A Quantitative Researcher in Hungary with a master's degree education can earn an average salary of 8,279,300 HUF.

  • PhD. A Quantitative Researcher in Hungary with a phd education can earn an average salary of 11,038,600 HUF.

Average Salary by Education Chart

Bachelor's Degree
5,363,700 HUF
Master's Degree +55%
8,279,300 HUF
PhD +33%
11,038,600 HUF

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 Hungary is around 2,470,000 to 7,400,000 HUF 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.

Quantitative Researcher 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 Hungary, a male quantitative researcher will earn an average of 8,062,900 HUF, while a female quantitative researcher will earn around 7,477,100 HUF.

This means that a male quantitative researcher earns approximately 8% more than a female quantitative researcher for performing the same job.

Average Salary by Gender Chart in Hungary

Male
8,062,900 HUF
Female -8%
7,477,100 HUF

Quantitative Researcher Average Pay Raise in Hungary

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 Quantitative Researcher in Hungary is around 12% every 17 months.

The national average pay raise across all professions and industries in Hungary is around 9% every 17 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 ÷ 17 ) × 12  = 8%

What this means is that a Quantitative Researcher in Hungary can expect to receive an average pay raise of around 8% every 12 months.

Annual Pay Raise by Industry in Hungary for 2024

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

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%

Quantitative Researcher Bonus and Incentive Rates in Hungary

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 Quantitative Researcher is a moderate bonus based job, with 57% of employees reporting at least one bonus in the last 12 months.

43% 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 2% to 7%.

Received Bonus
57%
No Bonus
43%

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 Hungary earn approximately 9% more than private sector employees in the same role.

Public Sector
6,193,900 HUF
Private Sector -9%
5,686,100 HUF

Salaries for Jobs Similar to a Quantitative Researcher

In the table below, we have salary information for jobs that are similar to a Quantitative Researcher in Hungary.

Job Title Category Salary
3D Lab Technologist Science and Technical Services 5,388,100 HUF
Algorithm Developer Science and Technical Services 7,199,500 HUF
Analytical Chemist Science and Technical Services 10,727,200 HUF
Anthropologist Science and Technical Services 7,596,200 HUF
Archeologist Science and Technical Services 6,635,400 HUF
Assistant Breeder Science and Technical Services 3,635,200 HUF
Astronomer Science and Technical Services 12,958,200 HUF
Atmospheric and Space Scientist Science and Technical Services 10,595,000 HUF
Behavior Analyst Science and Technical Services 6,911,700 HUF
Behavior Intervention Specialist Science and Technical Services 7,606,200 HUF
Behavior Specialist Science and Technical Services 7,057,300 HUF
Biochemist Science and Technical Services 11,531,500 HUF
Biofuels Processing Technician Science and Technical Services 4,558,700 HUF
Biofuels Production Manager Science and Technical Services 8,062,900 HUF
Biologist Science and Technical Services 11,712,900 HUF
Biomedical Laboratory Officer Science and Technical Services 4,475,900 HUF
Biomedical Scientist Science and Technical Services 12,239,700 HUF
Biophysicist Science and Technical Services 11,341,600 HUF
Chemical Engineer Science and Technical Services 5,483,600 HUF
Chemical Technologist Science and Technical Services 5,242,700 HUF
Chemist Science and Technical Services 10,978,600 HUF
Chief Technologist Science and Technical Services 9,925,000 HUF
Climate Change Analyst Science and Technical Services 7,199,500 HUF
Clinical Laboratory Scientist Science and Technical Services 11,953,700 HUF
Computer Scientist Science and Technical Services 8,554,100 HUF
Conservation Scientist Science and Technical Services 9,409,200 HUF
Data Science Specialist Science and Technical Services 7,271,300 HUF
Data Scientist Science and Technical Services 9,396,300 HUF
DNA Analyst Science and Technical Services 11,998,600 HUF
Ecologist Science and Technical Services 8,411,800 HUF
Economic Development Specialist Science and Technical Services 8,471,700 HUF
Flavourist Science and Technical Services 3,912,600 HUF
Food Scientist Science and Technical Services 7,907,600 HUF
Forensic Scientist Science and Technical Services 9,335,200 HUF
Formulation Technologist Science and Technical Services 4,654,300 HUF
Fraud Investigator Science and Technical Services 5,663,200 HUF
Genomics Scientist Science and Technical Services 12,121,000 HUF
Geographer Science and Technical Services 6,216,700 HUF
Geographic Information Systems Technician Science and Technical Services 3,970,700 HUF
Geological Data Technician Science and Technical Services 3,912,600 HUF
Geological Technician Science and Technical Services 5,017,100 HUF
Geologist Science and Technical Services 9,673,100 HUF
Geomatics Scientist Science and Technical Services 9,769,700 HUF
Geophysical Data Technician Science and Technical Services 3,685,200 HUF
Geospatial Information Scientist and Technologist Science and Technical Services 8,533,800 HUF
Global Technical Lead Science and Technical Services 12,239,700 HUF
Hydrologist Science and Technical Services 7,715,800 HUF
Industrial Ecologist Science and Technical Services 7,957,900 HUF
Intelligence Analyst Science and Technical Services 7,224,700 HUF
Knowledge Management Specialist Science and Technical Services 5,771,600 HUF
Lab Analyst Science and Technical Services 4,919,600 HUF
Lab Manager Science and Technical Services 8,134,400 HUF
Lab Technician Science and Technical Services 3,601,500 HUF
Laboratory Manager Science and Technical Services 8,159,800 HUF
Laboratory Researcher Science and Technical Services 5,399,900 HUF
Laboratory Technician Science and Technical Services 3,514,400 HUF
Life Sciences Analyst Science and Technical Services 7,642,900 HUF
Life Scientist Science and Technical Services 9,046,100 HUF
Marine Architect Science and Technical Services 7,537,100 HUF
Marine Biologist Science and Technical Services 8,568,100 HUF
Marine Superintendent Science and Technical Services 4,991,200 HUF
Materials Analyst Science and Technical Services 5,183,700 HUF
Materials Scientist Science and Technical Services 8,614,300 HUF
Mathematician Science and Technical Services 9,094,100 HUF
Medical Scientist Science and Technical Services 11,998,600 HUF
Metallurgist Science and Technical Services 8,232,100 HUF
Meteorologist Science and Technical Services 8,218,100 HUF
Microbiologist Science and Technical Services 11,998,600 HUF
Natural Language Processing Researcher Science and Technical Services 7,309,600 HUF
Natural Resource Specialist Science and Technical Services 6,624,300 HUF
Natural Resources Analyst Science and Technical Services 7,150,200 HUF
Natural Sciences Manager Science and Technical Services 11,050,300 HUF
Nuclear Engineer Science and Technical Services 12,239,700 HUF
Physical Scientist Science and Technical Services 9,191,000 HUF
Physicist Science and Technical Services 11,232,800 HUF
Political Scientist Science and Technical Services 8,724,700 HUF
Polygraph Examiner Science and Technical Services 3,061,300 HUF
Polysomnographic Technologist Science and Technical Services 5,232,400 HUF
Product Development Scientist Science and Technical Services 9,744,400 HUF
Quantitative Research Analyst Science and Technical Services 7,763,600 HUF
Radiation Protection Specialist Science and Technical Services 6,263,400 HUF
Refrigeration Technician Science and Technical Services 2,629,100 HUF
Research Scientist Science and Technical Services 8,305,400 HUF
Risk Safety Engineer Science and Technical Services 5,053,200 HUF
Scientific Photographer Science and Technical Services 5,351,400 HUF
Scientific Programmer Science and Technical Services 7,572,700 HUF
Scientist Science and Technical Services 7,993,600 HUF
Service Engineer Science and Technical Services 5,351,400 HUF
Service Technician Science and Technical Services 3,553,500 HUF
Social Science Research Assistant Science and Technical Services 4,919,600 HUF
Social Scientist Science and Technical Services 9,094,100 HUF
Sociologist Science and Technical Services 8,737,100 HUF
Soil Scientist Science and Technical Services 7,331,800 HUF
Statistical Analyst Science and Technical Services 5,088,900 HUF
Statistical Assistant Science and Technical Services 3,706,100 HUF
Statistician Science and Technical Services 7,907,600 HUF
Survey Analyst Science and Technical Services 4,883,400 HUF
Survey Researcher Science and Technical Services 4,537,100 HUF
Surveying and Mapping Technician Science and Technical Services 3,071,100 HUF
Team Leader Science and Technical Services 7,150,200 HUF
Technical Manager Science and Technical Services 8,062,900 HUF
Technical Officer Science and Technical Services 3,432,600 HUF
Technical Service Director Science and Technical Services 11,245,700 HUF
Technical Services Regulatory Affairs Specialist Science and Technical Services 5,340,600 HUF
Technical Services Research and Development Manager Science and Technical Services 12,361,500 HUF
Technical Services Research Associate Science and Technical Services 5,784,200 HUF
Technical Services Research Coordinator Science and Technical Services 5,952,700 HUF
Technician Science and Technical Services 3,481,100 HUF
Water Ecologist Science and Technical Services 9,995,000 HUF
Wildlife Biologist Science and Technical Services 8,172,900 HUF

Salary Comparison by City

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

City Average Salary
Budapest 9,094,100 HUF
Debrecen 8,004,700 HUF

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