Cost Analyst I Salary in Stuttgart, DE
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How much does a Cost Analyst I make in Stuttgart, DE? The average Cost Analyst I salary in Stuttgart, DE is €55,040 as of March 23, 2021, but the range typically falls between €45,727 and €63,505. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more global market data that allows you to price your jobs around the world and compare job salaries across countries and cities on real-time compensation data, Salary.com helps you to determine your exact pay target.
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Skills to Boost a Cost Analyst I Salary
Mastering key skills can significantly increase your earning potential as a Cost Analyst I. According to Salary.com's Real-time Job Posting Data, expertise in Analysis can lead to a 17% salary raise, while strong Forecasting skills boost pay by a 2%. Even Economics can result in a 1% salary increase.
Skill Library evaluates talent skills across five levels, supported by 5-10 behavior indicators, delivering precise insights for data-driven hiring decisions.
Analysis
Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Forecasting
Forecasting is the process of making predictions of the future based on past and present data and most commonly by analysis of trends. A commonplace example might be estimation of some variable of interest at some specified future date. Prediction is a similar, but more general term. Both might refer to formal statistical methods employing time series, cross-sectional or longitudinal data, or alternatively to less formal judgmental methods. Usage can differ between areas of application: for example, in hydrology the terms "forecast" and "forecasting" are sometimes reserved for estimates of values at certain specific future times, while the term "prediction" is used for more general estimates, such as the number of times floods will occur over a long period. Risk and uncertainty are central to forecasting and prediction; it is generally considered good practice to indicate the degree of uncertainty attaching to forecasts. In any case, the data must be up to date in order for the forecast to be as accurate as possible. In some cases the data used to predict the variable of interest is itself forecasted.
Economics
Economics is a social science that focuses on the production, distribution, and consumption of goods and services, and analyzes the choices that individuals, businesses, governments, and nations make to allocate resources.
More Skills...
Based on recent job listings, in-demand skills in the Cost Analyst I field include Analysis (17%), Forecasting (2%), Economics (1%), ERP (1%), and Cost Management (1%). These skills reflect current market needs.
| Skills | Salary | Demand | |
|---|---|---|---|
| Skill & Salary | Demand | ||
| €64,396 |
Analysis
€64,396
|
17%
|
|
| €56,140 |
Forecasting
€56,140
|
2%
|
|
| €55,590 |
Economics
€55,590
|
1%
|
|
| €55,590 |
ERP
€55,590
|
1%
|
|
| €55,590 |
Cost Management
€55,590
|
1%
|
What does a Cost Analyst I do?
Cost Analyst I
Aberdeen, UK
Assist treasury and corporate accounting functions with daily preparation of cash management, forecasting and debt balances to minimize borrowing costs and help manage banking needs for the company.
12/26/2020
Cost Analyst I
Piracicaba, BR
Assist in the design, implementation, and use of corporate resource information repositories, databases, decision support tools, strategies, processes, procedures and reports to ensure accurate financial reporting and management oversight in support of program initiatives.
03/06/2021
Cost Analyst I
Kolkata, IN
Assist Financial Planning & Analysis ("FP&A") team with meeting cyclical and ad hoc deadlines for projects by building models, analyzing data, and reviewing monthly, quarterly, and annual results, budget, and forecasts.
02/25/2021
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Career Path for Cost Analyst I
About Stuttgart, Germany
The core area of Stuttgart lies in a fertile bowl-shaped valley about 900 feet (270 m) above sea level,[h] an hour from the Black Forest and Swabian Jura on the banks of the Neckar river at 48°47′0″N 9°11′0″E / 48.78333°N 9.18333°E / 48.78333; 9.18333 115 miles (185 km) to the west and north of Munich. The city is often described as being "zwischen Wald und Reben", or "between forest and vines" because of its viticulture and surrounding forests.
Stuttgart covers an area of 207.35 km2 (80 sq mi) and sits at elevation ranging from 207 m (679 ft) above sea level by the Neckar river to 549 m (1,8...
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia
Cost Analyst I Pay Difference by Cities
| City, Country | Compared to national average |
|---|---|
| City, Country Rhine-Ruhr, DE |
Compared to national average
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| City, Country Stuttgart, DE |
Compared to national average
|
| City, Country Dusseldorf, DE |
Compared to national average
|
| City, Country Cologne, DE |
Compared to national average
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| City, Country Bremen/Oldenburg, DE |
Compared to national average
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| City, Country Frankfurt/Rhine-Main, DE |
Compared to national average
|
Employees with Cost Analyst I in their job title in Cologne, DE earn an average of 10.5% more than the national average. The lower salaries can be found in Rhine-Ruhr, DE (3.5% less), Dusseldorf, DE (0.7% less).
Similar Jobs to Cost Analyst I in Stuttgart, DE
Loading results...
| Job Title | Location | Salary Range in EUR |
|---|---|---|
| Job Title Cost Accountant I | Location Stuttgart, DE |
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| Job Title Cost Accounting Supervisor I | Location Stuttgart, DE |
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| Job Title Cost Analyst II | Location Stuttgart, DE |
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| Job Title Cost Analyst III | Location Stuttgart, DE |
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| Job Title Cost Analyst IV | Location Stuttgart, DE |
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Understand the base salary paid range for a Cost Analyst I in Stuttgart, DE
Average Base Salary
Core compensation
45727
63505
The chart shows the base salary for Cost Analyst I in Stuttgart ranges from €45,727 to €63,505 with the average base salary of €55,040. The basic salary is the employee minimum income you can expect to earn in exchange for your time or services. This is the amount earned before adding benefits, bonuses, or compensation. The base salary of the Cost Analyst I may get paid difference by industry, location, and factors.
Cost Analyst I Frequently Asked Questions
Can I expect to receive a higher salary for the position of Cost Analyst I in Cologne than for the same job in Rhine-Ruhr in the Germany?
On average, a Cost Analyst I, working in Cologne, Germany, would generally get a higher salary than those working in the city of Rhine-Ruhr. The larger cities in the DE typically provide numerous opportunities for Cost Analyst I Jobs. Since Stuttgart, Germany is an attractive place to work for many professions, Cost Analyst I Jobs could be competitive. Candidates need to consider personal preferences when deciding on a work location and weigh all factors including employment viability, cost of living, workforce competition, and quality of life in a particular location.
March 23, 2021
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What is the salary range for a Cost Analyst I in Stuttgart, Germany? What is the average hourly rate?
The average salary for a Cost Analyst I in Stuttgart, Germany is €55,040 per year. The salary range for a Cost Analyst I is between €45,727 and €63,505. While we are seeing hourly wages as high as €31 and as low as €22, the majority of Cost Analyst Is are currently paid an average of €26 in Stuttgart, Germany. The average salary pay range for a Cost Analyst I can vary depending on specific skills, level of skill, location, education, and years of experience. The company size, industry, and location, and numbers of available job candidates may also affect salary offers. Salaries for a Cost Analyst I in Stuttgart, Germany can differ based on any or all of these varying factors.
March 23, 2021
salary.com
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Besides the base pay, what other benefits might be negotiable when considering a Cost Analyst I job? What common items are generally included in a total compensation package?
A total compensation package consists of base pay or salary and all other types of pay and benefits that a Cost Analyst I working in Stuttgart, Germany will receive in exchange for their job. Some common items included in the total compensation of a Cost Analyst I working in the Stuttgart, Germany are bonuses, medical/dental/vision benefits coverage, paid leaves, life insurance, and pension plan company match. Some companies in the Stuttgart, Germany might also offer long-term incentives such as stock options or stock grants for Cost Analyst Is. Other popular benefits are gym memberships, free parking, monthly car expenses, free food, and company discounts. Evaluate all offered benefits to determine if they are of value to you. Consider items that you value and see if you can negotiate favorable terms for them. For example, request an extra week of vacation, reimbursement for training, flexible work hours, or subsidized parking. These perks have a value that should be included when you evaluate the entire compensation package offered to you.
March 23, 2021
salary.com
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Last Update: March 23, 2021