W1siziisimnvbxbpbgvkx3rozw1lx2fzc2v0cy9gcmf6zxigsm9uzxmvanbnl2jhbm5lci1kzwzhdwx0lmpwzyjdxq

Financial & Professional Services Salary Guide – Germany – 2019-20

Financial & Professional Services Salary Guide – Germany – 2019-20

James Casey salary guide, Market Insight

Many specialist functions within the Financial and Professional Services (FSPS) space have seen significant growth over the past couple of years, given the levels of low unemployment coupled with the impact of macro factors across the EU culminating in growth of the sector within Germany.

Given the pace of wage growth this year in the sector, I have decided to compile a guideline overview for high, median and low salaries for four of the main HR functions we have been sourcing for within the FSPS sector. All statistics contained herein are only intended as a guide and have been taken from the data compiled by Frazer Jones during the course of 2018/2019. These figures are based on total compensation, excluding the value of any additional benefits such as pension or a car.

________________________________________

Salaries:

HR Generalist/Business Partnering

Level

Low

Mid

High

Entry/Associate

€38,000

€46,000

€55,000

AVP

€60,000

€67,000

€85,000

VP

€80,000

€95,000

€130,000

Director/Local Lead

€96,000

€120,000

€170,000

Regional/Global Lead

€115,000

€200,000

€350,000

 

Reward

Level

Low

Mid

High

Entry/Associate

€53,000

€65,000

€75,000

AVP

€70,000

€78,000

€95,000

VP

€76,000

€90,000

€120,000

Director/Local Lead

€100,000

€130,000

€160,000

Regional/Global Lead

€200,000

€250,000

€400,000

 

Talent Acquisition

Level

Low

Mid

High

Entry/Associate

€40,000

€45,000

€55,000

AVP

€60,000

€70,000

€90,000

VP

€70,000

€87,000

€115,000

Director/Local Lead

€95,000

€110,000

€170,000

Regional/Global Lead

€120,000

€160,000

€250,000

 

Talent Management/L&D

Level

Low

Mid

High

Entry/Associate

€40,000

€43,000

€53,000

AVP

€55,000

€65,000

€75,000

VP

€70,000

€80,000

€105,000

Director/Local Lead

€80,000

€95,000

€130,000

Regional/Global Lead

€110,000

€140,000

€300,000

 

Whilst there are currently some economic indicators that point towards a possible recession in Germany next year, in conjunction with a slight decrease in hiring in the second half of this year compared with the H1, we still expect hiring across the sector to remain high. Candidates for specialist or strategic positions are expected to continue to receive offers of significant salary increases to entice them into moving.