Best-paid employees work in finance...

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Hays released a survey of salaries in Europe in the period of 2012 - 2013

Thanks to its position of a leading world expert in the field of search for financial specialists, Hays managed to collect information on the amount of salaries in key positions in the accounting and finance sector. The analyzed countries include France, Germany, Poland, Spain, England, Luxembourg, the Netherlands, Belgium, the Czech Republic, Hungary, Slovakia and Portugal.

"We actively monitor the development in the financial sector across Europe," says Jon Hill, Managing Director of Hays for the Czech Republic and Slovakia. "This study should start our supporting activities in the field of recruitment in the accounting and finance sector in these countries and we hope to provide the necessary information for various HR practices in different countries," Jon continues.

It is no surprise that employees in the CFO position, who are responsible for the area of corporate financial risks, occur on the top of the chain and hold the leading position in the salary ladder as well. Likewise, it is no surprise that workers in management positions in accounting and finance are among the best paid employees in the economically most developed countries. A Chief Financial Officer in the UK earns from 3.5 to 8.75 million Czech crowns a year, while his French counterpart earns between 3.25 to 7.5 million Czech crowns. In Germany, the same annual salary is approximately 3-5 million Czech crowns.

Surprising is the fact that other two smaller European countries are in a similar position to Germany. A CFO in Belgium can earn from 2.625 to 5.375 million Czech crowns, while an employee in the same position in Luxembourg can gain a great salary of 3 to 6.25 million Czech crowns. According to the results, CFOs have the lowest wages in Hungary where they earn between 1.125 and 1.625 million Czech crowns. None of the salaries in this report include benefits or other incentives.

In addition to analyzing the CFO position, the survey by Hays analyzed the situation in other positions, too. The table below shows salaries in different European countries, including the salaries in the Czech Republic.

Table: Overview of salaries in the financial sector in Europe. Salaries are stated in thousands of euros per year and do not include benefits. The first figure indicates the minimum salary and the second figure indicates the highest salary.

FRANCE

Chief Financial Officer

130/300

Finance Director

60/150

Finance Controller

80/120

Fi Planning & Analysis Manager

75/150

Company Accountant

32/45

Financial Accountant

35/45

Management Accountant

47/65

Finance Manager

55/90

Business Analyst

47/65

GERMANY

Chief Financial Officer

120/200

Finance Director

100/120

Finance Controller

40/70

Fi Planning & Analysis Manager

60/80

Company Accountant

40/65

Financial Accountant

25/45

Management Accountant

40/75

Finance Manager

60/100

Business Analyst

45/70

POLAND

Chief Financial Officer

95/130

Finance Director

68/90

Finance Controller

46/65

Fi Planning & Analysis Manager

40/60

Company Accountant

37/53

Financial Accountant

28/40

Management Accountant

28/42

Finance Manager

52/68

Business Analyst

27/40

SPAIN

Chief Financial Officer

90/110

Finance Director

75/85

Finance Controller

55/65

Fi Planning & Analysis Manager

55/65

Company Accountant

45/60

Financial Accountant

30/40

Management Accountant

40/55

Finance Manager

50/60

Business Analyst

50/60

UNITED KINGDOM

Chief Financial Officer

140/350

Finance Director

102/155

Finance Controller

90/130

Fi Planning & Analysis Manager

90/115

Company Accountant

58/71

Financial Accountant

55/70

Management Accountant

64/80

Finance Manager

70/96

Business Analyst

64/83

LUXEMBOURG

Chief Financial Officer

120/250

Finance Director

95/125

Finance Controller

95/125

Fi Planning & Analysis Manager

85/115

Company Accountant

45/75

Financial Accountant

45/75

Management Accountant

45/75

Finance Manager

65/90

Business Analyst

50/70

NETHERLANDS

Chief Financial Officer

80/150

Finance Director

80/120

Finance Controller

70/90

Fi Planning & Analysis Manager

60/80

Company Accountant

40/60

Financial Accountant

40/60

Management Accountant

50/70

Finance Manager

60/80

Business Analyst

45/70

BELGIUM

Chief Financial Officer

105/215

Finance Director

72/160

Finance Controller

48/70

Fi Planning & Analysis Manager

65/90

Company Accountant

39/60

Financial Accountant

30/45

Management Accountant

40/75

Finance Manager

49/80

Business Analyst

45/75

CZECH REPUBLIC

Chief Financial Officer

57/100

Finance Director

47/71

Finance Controller

23/38

Fi Planning & Analysis Manager

28/53

Company Accountant

18/28

Financial Accountant

16/23

Management Accountant

18/28

Finance Manager

37/56

Business Analyst

18/37

HUNGARY

Group Finance Director

70 +

Chief Financial Officer

45/65

Finance Director

38/61

Finance Controller

15/30

Fi Planning & Analysis Manager

27/42

Company Accountant

15/30

Financial Accountant

15/30

Management Accountant

15/30

SLOVAKIA

Group Finance Director

-

Chief Financial Officer

48/100

Finance Director

40/60

Finance Controller

19/25

Fi Planning & Analysis Manager

24/50

Company Accountant

18/26

Financial Accountant

13/21

Management Accountant

12/17

Finance Manager

30/42

Business Analyst

16/29

PORTUGAL

Group Finance Director

77/112

Chief Financial Officer

63/91

Finance Director

56/77

Finance Controller

35/56

Fi Planning & Analysis Manager

42/63

Company Accountant

21/35

Financial Accountant

21/28

Management Accountant

28/42

Finance Manager

28/42

Business Analyst

19/35

Article source Hays Czech Republic - global leader in the field of human resources and specialists recruitment
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