Average Salary in Austria 2024

This article provides an insightful analysis of salary trends in Austria, covering various aspects such as pay scale, wage gap, salary yearly increments, and breakdown over education level or year of experience. Discover the intricate details behind Austria's compensation landscape and gain valuable insights into how salaries differ based on education and experience. Unveiling the truth about salary trends, this article sheds light on the wage gap and highlights the pattern of yearly increments in Austria. Whether you are a job seeker, employee, or employer, this comprehensive overview equips you with the knowledge needed to navigate Austria's salary dynamics effectively.
Please be aware that the data we are providing is as accurate as possible at this early stage of the year 2024.

However, as we gather more data for 2024, we make adjustments to ensure the highest level of precision.

What is the average salary in Austria in 2024?

What is the average salary in Austria in 2024?
4,200EUR
(EUR 49,700 yearly)
Low 1,900 EUR
Average 4,200 EUR
High 18,300 EUR
For individuals working in Austria, the average salary amounts to EUR 4,200 per month. Yet, there is notable variability, with salaries ranging from EUR 1,900 (lowest average) to EUR 18,300 (highest average, actual maximum salary is higher). Take into account that these figures incorporate housing, transport, and other benefits. Across various professions, there exist significant differences in salary scales. To find out the salaries for specific job titles, please refer to the information below.
In comparison with average salary in Austria in 2023, salaries changed by +0.5% so far. Looking ahead, economists project a gradual recovery in the job market. Full comparison 2023 and 2024 we are able to do it at the end of the year.

Pay Scale and Salaries in Austria

Pay Scale Comparison and Salary Structure

Nearly everyone earns less than EUR 18,300, 75% of the people earn EUR 5,800 or less. 50% employees earn less EUR 4,000 or less, 25% of the employees earn less than EUR 3,000.Download chartGet chart linkShare on FacebookShare on Twitter

Salary Structure

Nearly everyone earns less than EUR 18,300, 75% of the people earn EUR 5,800 or less. 50% employees earn less EUR 4,000 or less, 25% of the employees earn less than EUR 3,000.

Minimum Wage and Starting Salary

Minimum Wage and Starting Salary refers to the fundamental pay levels for entry-level positions. It encompasses the legally mandated minimum wage and the initial compensation offered to new hires, impacting job seekers and employers alike. Understanding these figures is crucial for ensuring fair labor practices and successful career beginnings. In Austria the minimum salary is EUR 1,900.

Median Salary

By considering the median salary in Austria of EUR 3,300, one can understand the middle point of all salaries in a dataset. This measurement provides a fairer assessment of income distribution and is commonly employed to estimate average earnings in various professions and industries.

Salary range and Percentile

Salary Range refers to the span between the lowest and highest salaries in a given dataset, indicating the scope of potential earnings. Percentile, on the other hand, represents a specific point in the range, showing how a salary compares to others in the dataset, making it useful for benchmarking pay levels. In Austria the salary ranges from EUR 1,900 to EUR 18,300.

Annual Salary Increments in Austria

What is the average annual salary increment in the Austria? How frequently do employees receive salary raises?

During 2024, employees in Austria witnessed an average salary growth of 0.5%. This represents an overall average across various job sectors. The worldwide average for 2024 is 0.5%.Download chartGet chart linkShare on FacebookShare on Twitter
In 2024, the average salary increment for Austria employees was 0.5%. Please note that this is an average across all job sectors. On a global scale, the average for 2024 is 0.5%.

Historical Graph of Annual Salary Increments in Austria

In recent years, the salary of employees in Austria has witnessed an average yearly increase of 2.4%. This corresponds to a range of 0.5% to 4.7% increment per year.Download chartGet chart linkShare on FacebookShare on Twitter
On average, employees in Austria experienced a salary increase ranging from 0.5% to 4.7% per year in recent years. This translates to an average increment of 2.4% per year.

Salary Forecast and Trends for the Future in Austria

There are several key factors that influence future of salary growth. That is why we provide range of most probable forecast of salary increments. During next year salary increment will most likely be around 2.5%. Estimated range is between 1.4% and 3.9%.Download chartGet chart linkShare on FacebookShare on Twitter
There are several key factors that influence future of salary growth. That is why we provide range of most probable forecast of salary increments. During next year salary increment will most likely be around 2.5%. Estimated range is between 1.4% and 3.9%.

Gender Wage Gap in Austria

What is the difference in pay between mens and womens? Men vs. women salary comparison.

Actual wage gap in Austria is 12.2%.Download chartGet chart linkShare on FacebookShare on Twitter
Austria has an actual wage gap of 12.2%.
It's due to many factors, such as:
  • Gender-based prejudice.
  • On average, women have a 10% higher number of days of paid vacation than men each year.
  • Women are underrepresented when it comes to having a college degree compared to men.
  • In the context of caregiving responsibilities for children and elderly relatives, women are more prone than men to take them on.
  • The majority of part-time workers are women, and they typically earn less than those in full-time positions.
  • Compared to men, women have a higher likelihood of working in lower-paying occupations.

Salary Comparison by Education Level

How does the education level influence the amount of salary?

Completing high school and obtaining a bachelor's degree come with numerous benefits. Firstly, it significantly improves career prospects, leading to higher earning potential and increased access to a wider variety of job opportunities. Advancing from a bachelor's degree to a master's degree offers several compelling advantages. Firstly, it deepens one's expertise and knowledge in a specific field, making graduates highly sought-after specialists in their areas of study. Continuing from a master's degree to a Ph.D. brings numerous benefits. Firstly, it allows individuals to become true experts in their chosen fields, conducting groundbreaking research and contributing to the advancement of knowledge.Download chartGet chart linkShare on FacebookShare on Twitter

The Benefits of Transitioning from High School to a Bachelor's Degree

Completing high school and earning a bachelor's degree comes with a plethora of benefits. First and foremost, it significantly enhances career opportunities, allowing for higher income potential and greater access to diverse job prospects. Beyond financial rewards, pursuing a bachelor's degree promotes personal growth, cultivates critical thinking skills, and provides the chance to specialize in a specific area of interest. Additionally, it facilitates valuable networking opportunities and fosters the development of a global mindset. Ultimately, the journey from high school to a bachelor's degree is a transformative experience that unlocks a more fulfilling and prosperous future.

The Advantages of Progressing from a Bachelor's to a Master's Degree

Advancing from a bachelor's degree to a master's degree offers several compelling advantages. Firstly, it deepens one's expertise and knowledge in a specific field, making graduates highly sought-after specialists in their areas of study. This advanced education often leads to even greater earning potential and career advancement opportunities. Additionally, master's programs often emphasize research and critical thinking, honing these skills for practical application in professional settings. Networking opportunities expand further, connecting students with experts in their fields. Lastly, pursuing a master's degree is a significant personal achievement, reflecting dedication and a commitment to lifelong learning, which can contribute to personal growth and fulfillment.

The Advantages of Advancing from a Master's to a Ph.D. Degree

Continuing from a master's degree to a Ph.D. brings numerous benefits. Firstly, it allows individuals to become true experts in their chosen fields, conducting groundbreaking research and contributing to the advancement of knowledge. This expertise often leads to prestigious career opportunities in academia, research, and leadership positions in various sectors. Ph.D. programs foster advanced critical thinking, problem-solving, and analytical skills, making graduates highly adaptable and innovative. Networking opportunities expand even further, with collaborations and connections in the global academic and professional communities. Pursuing a Ph.D. demonstrates a strong dedication to knowledge and paves the way for a successful and influential career.

Salary Breakdown Based on Career Levels

How does an individual's salary evolve as time goes on?

Promotion from junior to intermediate role brings increased responsibilities and expertise. Generally, salary rises significantly, often 14%-18% higher, reflecting higher skill level and value to the company. Elevated from intermediate to senior role, responsibilities expand, along with a substantial salary hike of around 10%-14%. Expertise and leadership garner higher recognition and greater financial rewards. Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 23%-27% higher, mirroring strategic influence and heightened leadership contributions.Download chartGet chart linkShare on FacebookShare on Twitter

Salary increase going from Junior to Intermediate

Promotion from junior to intermediate role brings increased responsibilities and expertise. Generally, salary rises significantly, often 14%-18% higher, reflecting higher skill level and value to the company.

Elevation from Intermediate to Senior Role Brings Salary Advancement

Elevated from intermediate to senior role, responsibilities expand, along with a substantial salary hike of nearly 10%-14%. Expertise and leadership secure higher recognition and greater financial rewards.

Executive Promotion: Salary Increase from Senior Position

Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 23%-27% higher, mirroring strategic influence and heightened leadership contributions.

Average Hourly Wage in Austria

What is the average hourly wage in the Austria?

Average Hourly Wage
24EUR
Low 11 EUR
Average 24 EUR
High 107 EUR

What are the disadvantages of being paid on an hourly wage basis?

  • Income instability: It can be challenging to budget and plan for expenses when the income from hourly wages is irregular or fluctuating.
  • Limited earning potential: Hourly workers may face limitations in terms of the number of hours they can work, which can restrict their earning potential compared to salaried positions.
  • Lack of benefits: Hourly workers often have fewer or limited benefits such as paid time off, health insurance, retirement plans, and other perks typically associated with full-time employment.
  • Inconsistent work hours: Hourly workers may experience unpredictable work schedules, including shifts that vary in duration or irregular hours, which can disrupt work-life balance and make it challenging to maintain consistent routines.
  • Uncertain job security: Layoffs, downsizing, or changes in demand can make hourly positions more vulnerable to job insecurity when compared to salaried positions.
  • Limited career advancement: In some cases, hourly jobs might provide minimal prospects for career progression, professional development, or upward mobility within the organization.
It's important to note that these disadvantages may not apply universally and can vary depending on specific job circumstances and individual preferences.

Highest and Lowest Paying Jobs in Austria

What are the best paying jobs in Austria?

List with best paid jobs in AustriaDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs Austria?

  1. Surgeon (EUR 18,100)
  2. Doctor (EUR 16,300)
  3. Chief Executive Officer (CEO) (EUR 15,600)
  4. Registered Nurse Anesthetist (EUR 15,200)
  5. Dentist (EUR 14,500)
  6. Airline Pilot (EUR 14,100)
  7. Intellectual Property Lawyer (EUR 13,600)
  8. Marketing Manager (EUR 12,000)
  9. Marketing Director (EUR 12,000)
  10. Sales Director (EUR 11,300)
  11. Sales Manager (EUR 11,300)
  12. Petroleum Engineer (EUR 11,200)
  13. Brand Manager (EUR 10,900)
  14. Marketer (EUR 10,900)
  15. Judge (EUR 10,800)
  16. Treasurer (EUR 10,600)
  17. Controller (EUR 10,600)
  18. Pharmacist (EUR 10,400)
  19. Tax Lawyer (EUR 10,200)
  20. Lawyer (EUR 10,200)
List with worst paid jobs in AustriaDownload chartGet chart linkShare on FacebookShare on Twitter

Lowest paying jobs Austria?

  1. Cashier (EUR 2,000)
  2. Childcare Worker (EUR 2,100)
  3. Stock clerk (EUR 2,100)
  4. Elder Care Worker (EUR 2,100)
  5. Receptionist (EUR 2,200)
  6. Bartender (EUR 2,400)
  7. Food and beverage server (EUR 2,400)
  8. Janitor (EUR 2,400)
  9. Waiter (EUR 2,500)
  10. Tour Guide (EUR 2,500)
  11. Customer Service Representative (EUR 3,000)
  12. Hotel Concierge (EUR 3,000)
  13. Rehabilitation Counselor (EUR 3,100)
  14. Travel Agent (EUR 3,300)
  15. Secretary (EUR 3,400)
  16. Painter (EUR 3,500)
  17. Carpenter (EUR 3,600)
  18. Bus Driver (EUR 3,700)
  19. Artist (EUR 3,800)
  20. Truck Driver (EUR 3,800)
List with best paid industries in AustriaDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs by industry

  1. Healthcare (EUR 11,600)
  2. Business and Management (EUR 9,800)
  3. Marketing and Sales (EUR 9,100)
  4. Engineering (EUR 8,400)
  5. Law (EUR 7,900)
  6. Accounting and Finance (EUR 7,900)
  7. Computer and Information Technology (EUR 7,700)
  8. Transportation and Logistics (EUR 7,500)
  9. Science (EUR 7,500)
  10. Education and Training (EUR 6,200)
  11. Other (EUR 4,600)
  12. Hospitality and Tourism (EUR 3,900)
  13. Social Services (EUR 3,200)
  14. Services (EUR 2,900)