Financial Analyst I Salary in Cologne, DE
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How much does a Financial Analyst I make in Cologne, DE? The average Financial Analyst I salary in Cologne, DE is €61,120 as of March 23, 2021, but the range typically falls between €50,082 and €72,691. 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 Financial Analyst I Salary
Mastering key skills can significantly increase your earning potential as a Financial Analyst I. According to Salary.com's Real-time Job Posting Data, expertise in Analysis can lead to a 17% salary raise, while strong Microsoft Office skills boost pay by a 2%. Even Cash Handling 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.
Microsoft Office
Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.
Cash Handling
Process of receiving and giving money in a business. In retail, cash handling ranges from the point of sale to the behind-the-scenes money management during the day.
More Skills...
Based on recent job listings, in-demand skills in the Financial Analyst I field include Analysis (17%), Microsoft Office (2%), and Cash Handling (1%). These skills reflect current market needs.
| Skills | Salary | Demand | |
|---|---|---|---|
| Skill & Salary | Demand | ||
| €71,511 |
Analysis
€71,511
|
17%
|
|
| €62,343 |
Microsoft Office
€62,343
|
2%
|
|
| €61,732 |
Cash Handling
€61,732
|
1%
|
What does a Financial Analyst I do?
Financial Analyst I
Kochi, IN
Assists and advises research program leads to allow for improved understanding and visibility with internal and sponsored awards.
12/31/2020
Financial Analyst I
San Salvador de Jujuy, AR
Assists with the review and analysis of costs budgeted and incurred for compliance with the Federal Acquisition Regulations (FAR).
12/20/2020
Financial Analyst I
Macaé, BR
Assists in preparation of information to be used in the administration and settlement of federal, state and local financial and tax audits.
03/03/2021
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Career Path for Financial Analyst I
About Cologne, Germany
The metropolitan area encompasses over 405 square kilometres (156 square miles), extending around a central point that lies at 50° 56' 33 latitude and 6° 57' 32 longitude. The city's highest point is 118 m (387 ft) above sea level (the Monte Troodelöh) and its lowest point is 37.5 m (123 ft 0 in) above sea level (the Worringer Bruch). The city of Cologne lies within the larger area of the Cologne Lowland, a cone-shaped area of the central Rhineland that lies between Bonn, Aachen and Düsseldorf....
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia
Financial 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
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| City, Country Dusseldorf, DE |
Compared to national average
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| City, Country Cologne, DE |
Compared to national average
|
| City, Country Bremen/Oldenburg, DE |
Compared to national average
|
| City, Country Frankfurt/Rhine-Main, DE |
Compared to national average
|
Employees with Financial 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 Financial Analyst I in Cologne, DE
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| Job Title | Location | Salary Range in EUR |
|---|---|---|
| Job Title Cost Analyst I | Location Cologne, DE |
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| Job Title Entry Financial Analyst | Location Cologne, DE |
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| Job Title Financial Accountant I | Location Cologne, DE |
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| Job Title Financial Analyst II | Location Cologne, DE |
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| Job Title Financial Analyst III | Location Cologne, DE |
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Understand the base salary paid range for a Financial Analyst I in Cologne, DE
Average Base Salary
Core compensation
50082
72691
The chart shows the base salary for Financial Analyst I in Cologne ranges from €50,082 to €72,691 with the average base salary of €61,120. 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 Financial Analyst I may get paid difference by industry, location, and factors.
Financial Analyst I Frequently Asked Questions
Can I expect to receive a higher salary for the position of Financial Analyst I in Cologne than for the same job in Rhine-Ruhr in the Germany?
On average, a Financial 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 Financial Analyst I Jobs. Since Cologne, Germany is an attractive place to work for many professions, Financial 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
salary.com
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What is the salary range for a Financial Analyst I in Cologne, Germany? What is the average hourly rate?
The average salary for a Financial Analyst I in Cologne, Germany is €61,120 per year. The salary range for a Financial Analyst I is between €50,082 and €72,691. While we are seeing hourly wages as high as €35 and as low as €24, the majority of Financial Analyst Is are currently paid an average of €29 in Cologne, Germany. The average salary pay range for a Financial 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 Financial Analyst I in Cologne, 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 Financial 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 Financial Analyst I working in Cologne, Germany will receive in exchange for their job. Some common items included in the total compensation of a Financial Analyst I working in the Cologne, Germany are bonuses, medical/dental/vision benefits coverage, paid leaves, life insurance, and pension plan company match. Some companies in the Cologne, Germany might also offer long-term incentives such as stock options or stock grants for Financial 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