The Limited Times

Now you can see non-English news...

Top salaries in 2020: These professions and industries have the most money

2020-11-05T15:21:04.048Z

In which sectors will skilled workers and managers earn the best salary in 2020? What role does the subject and the region play? A current salary report provides answers.



In which sectors will skilled workers and managers earn the best salary in 2020?

What role does the subject and the region play?

A current salary report provides answers.

  • In 2020, too, many specialists and executives in Germany will receive

    top salaries

    .

  • Where you earn the most money depends, among other things, on the profession, the industry, the subject, the size of the company and the region.

  • The

    2020 Salary Report provides

    an overview of the

    current salaries in Germany

    .

In the jungle of salaries, it is difficult to keep track of things.

After studying or training, many are wondering in which professions and industries they can earn the most money.

A current salary study shows where the highest salaries * are waiting for you.

Salary 2020: earnings depend on various factors

The current salary report 2020 from the Stepstone job portal shows: In Germany,

skilled workers

and managers earn an 

average of

58,800 euros a year

.

For executives, the salary averages 74,400 euros, while skilled workers without personnel responsibility get around 24,000 euros less per year. 

That doesn't sound bad at first, but salaries in Germany vary a lot.

The differences between occupational groups, sectors or even regions are great, so the average of all salaries can only be a rough guide. 

If you want to earn a lot, you have to get detailed information.

The decisive course is often already set when

choosing the subject and training

, as these already specify a certain professional field or even the profession.

According to this, the earning potential varies with the choice of industry, company size, state and of course professional experience and responsibility.

In order to show how much Germans earn and what factors influence their salaries, Stepstone analyzed the data of around

 128,000 specialists and executives

, which were collected from October 2018 to October 2019.

We show you the result here.

Also read:

Salary: How much do you earn at Aldi and Lidl?

The highest salaries are possible with these subjects

If you look at the salaries of employees with a university degree, you can see very quickly which studies will earn you a lot of money later.

Medical, computer science and engineering students in particular have the edge when it comes to salaries.

space

Subject

Annual gross salary

1

Medicine and dentistry

92,200 euros

2

law Sciences

77,900 euros

3

industrial engineering

72,400 euros

4th

Engineering

70,900 euros

5

business Informatics

70,300 euros

Source: Stepstone Salary Report 2020

After graduation:

 starting salary - which young professionals earn the most?

This is where you earn the most money

"Keep your eyes open when choosing a career": What already applies to your studies continues later with your actual career choice.

But not only doctors, lawyers and financial specialists really come up trumps here.

You also earn good money as a consultant, banker or engineer.

space

job

Annual gross salary

1

doctors

92,316 euros

2

Financial experts

76,354 euros

3

Lawyers

70,042 euros

4th

banker

65,006 euros

5

Engineers

64,541 euros

6th

Business consultant

63,893 euros

7th

distribution

63,837 euros

8th

IT

60,545 euros

9

marketing

60,424 euros

10

staff

58,408 euros

Source: Stepstone Salary Report 2020

Also read:

 The ten highest paid professions in Germany 2019

In these industries, high salaries attract

Anyone who has already decided on a career also determines an important factor for their salary with the industry.

Banks, the pharmaceutical industry, as well as the automotive and chemical industries are particularly attractive here with generous paychecks.

space

Branch

Annual gross salary

1

Banks

69,703 euros

2

Pharmaceutical industry

69,515 euros

3

Vehicle construction / suppliers

68,778 euros

4th

Chemical and petroleum processing industries

66,972 euros

5

Consumer and consumer goods

65,789 euros

6th

Aerospace

65,545 euros

7th

Mechanical and plant engineering

64,892 euros

8th

Insurance

64,766 euros

9

Medical technology

64,556 euros

10

Energy and water supply / disposal

64,300 euros

Source: Stepstone Salary Report 2020

Salaries according to education and professional experience

When it comes to professional experience, the longer you have been working in your profession, the higher your salary will increase - regardless of your educational qualification.

It is certainly no secret that academics earn more on average than those who work in apprenticeships.

work experience

Annual gross salary for academics

Annual gross salary of non-academics

up to 2 years

46,093 euros

34,443 euros

3-5 years

55,985 euros

40,913 euros

6-10 years

68,197 euros

48,019 euros

11-25 years

84,661 euros

56,797 euros

more than 25 years

94,493 euros

59,544 euros

Source: Stepstone Salary Report 2020

Executives: This is how much you earn with personnel responsibility

Managers with personnel responsibility earn an average of 74,744 euros gross per year in Germany.

The actual salary for bosses

depends on the number of employees

who report to them: the more employees, the more responsibility - and the higher the check at the end of the month.

Number of subordinate employees

Average annual gross salary

1-4 employees

63,696 euros

5-14 employees

74,422 euros

15-49 employees

82,903 euros

50-100 employees

91,676 euros

more than 100 employees

111,719 euros

Source: Stepstone Salary Report 2020

Salary by state: flexibility pays off

If you are looking for a job and want to earn as much as possible, you should primarily move to the south of Germany.

Bavaria and Baden-Württemberg

beckon with a strong economy

.

However, the front runner in terms of salaries is Hesse.

No wonder, because the banking metropolis of Frankfurt attracts people from the financial sector - who in turn earn good money.

space

Federal state*

Annual gross salary

1

Hesse

64,335 euros

2

Bavaria

62,243 euros

3

Baden-Württemberg

61,677 euros

4th

Hamburg

59,111 euros

5

North Rhine-Westphalia

58,815 euros

6th

Rhineland-Palatinate

55,933 euros

7th

Bremen

55,786 euros

8th

Saarland

55,692 euros

9

Berlin

54,392 euros

10

Lower Saxony

54,150 euros

11

Schleswig-Holstein

52,563 euros

12

Thuringia

48,334 euros

13

Saxony

47,292 euros

14th

Saxony-Anhalt

46,890 euros

15th

Brandenburg

46,575 euros

16

Mecklenburg-Western Pomerania

45,135 euros

Source: Stepstone Salary Report 2020

Surprising:

in these regions women earn more than men

Salary according to company size: the bigger, the better

The size of the company also plays a significant role in terms of salary.

Employees in medium-sized companies earn around ten percent below the average, while employees in corporations with more than 1,000 employees are around 15 percent higher. 

Number of employees

Annual gross salary

compared to the average salary

1-500 employees

52,869 euros

- 10%

501-1,000 employees

60,806 euros

+ 3%

more than 1,000 employees

69,558 euros

+ 18%

Source: Stepstone Salary Report 2020

(as) * Merkur.de is part of the nationwide Ippen central editorial network.

Also interesting:

Salary check: 100 popular professions in comparison.

Do you want to stay up to date with the latest career news?

Then follow our industry page on the Xing career portal.

Salary: The ten highest paid professions for white-collar workers

Salary: The ten highest paid professions for white-collar workers

Source: merkur

All life articles on 2020-11-05

You may like

Life/Entertain 2020-08-17T15:46:30.358Z

Trends 24h

Life/Entertain 2021-01-17T12:50:01.316Z
Life/Entertain 2021-01-17T07:50:01.519Z

Latest

© Communities 2019 - Privacy