Business Specialists working in Munich earn normally around 62.500 EUR per year and most of the Business salaries are between 50.000 EUR and 77.500 EUR per year.
Munich ranks 4. when it comes to the average salary of a Business Specialist in Germany. (Konstanz is on the 1st place).
If you earn less than 50.000 EUR then it might be the time to speak with your boss to get a raise or to look for a new Business Specialist job in Munich.
If you want to check the stats for a different technology or city, select it below (not all options have enough data yet):
Market Percentile | salary |
---|---|
top 10% of market | 77.500 EUR |
top 25% of market | 70.000 EUR |
average salary | 64.300 EUR |
median salary | 62.500 EUR |
bottom 25% of market | 57.500 EUR |
bottom 10% of market | 50.000 EUR |
The average salary for Business Specialists in Munich is 64.300 EUR per year, while the median salary is 62.500 EUR per year - where does the difference between average and median come from?
The average salary is calculated as the sum of all salaries divided by the number of them. The median salary is the one that the typical Business Specialist earns, which means, exactly 50% earn more than 62.500 EUR and 50% earn less than this.
The difference occurs because often there are a few very high outlier salaries, which drag the average salary value up. Therefore, if you compare your salary to the market, it is better to look at the median value.
The top 25% best earning Business Specialists earn more than 70.000 EUR per year and the top 10% reach over 77.500 EUR, which is quite a nice compensation and something to strive for.
At the same time, 25% of the lowest earning Business Specialists earn less than 57.500 EUR per year and 10% earn less than 50.000 EUR.
You have to be aware that the salaries for Business Specialists can vary a lot in different cities. This page shows the salaries in Munich, but you can select a different city below:
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