In which sectors do specialists and managers earn the most money? What role does the subject and the region play? A new salary report provides answers.
In the jungle of salaries, it is difficult to keep track of things. After completing their studies or training, many are wondering in which professions and industries they can earn the most money. A new salary study shows where the biggest salaries are waiting for you.
Salary 2019: How much you earn depends on various factors
The current 2019 salary report of the Stepstone job portal shows: In Germany, specialists and managers earn an average of 58,090 euros a year . With personnel responsibility, the salary amounts to an average of 67,868 euros, without at least 51,176 euros per year.
That doesn't sound bad at first, but the salaries 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 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 85,000 specialists and executives . We show you the result here.
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 | 81,608 euros |
2 | industrial engineering | 74,260 euros |
3 | business Informatics | 73,619 euros |
4th | Engineering | 72,058 euros |
5 | Mathematics and computer science | 70,827 euros |
Source: Stepstone Salary Report 2019
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, engineers and financial specialists really come up trumps here. You also earn good money as a consultant, lawyer or insurance employee.
space | job | Annual gross salary |
|---|---|---|
1 | doctors | 77,359 euros |
2 | Finances | 72,222 euros |
3 | Banks | 64,152 euros |
4th | (Business) consultant | 63,717 euros |
5 | Engineers | 62,802 euros |
6th | IT | 62,278 euros |
7th | Law | 61,690 euros |
8th | marketing | 60,468 euros |
9 | distribution | 58,020 euros |
10 | staff | 57,593 euros |
11 | Scientific research | 56,317 euros |
12 | PR | 56,000 euros |
13 | Insurance | 55,874 euros |
14th | Technical apprenticeships | 53,292 euros |
15th | Purchasing, materials management and | 47,907 euros |
16 | Design and layout | 47,058 euros |
17th | Administration and secretariat | 43,919 euros |
18th | Craft | 43,034 euros |
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 | 70,823 euros |
2 | Pharmaceutical industry | 70,043 euros |
3 | Vehicle construction / suppliers | 67,942 euros |
4th | Chemical and petroleum processing | 67,753 euros |
5 | Insurance | 66,327 euros |
6th | Aerospace | 66,188 euros |
7th | Medical technology | 65,892 euros |
8th | Mechanical and plant engineering | 65,320 euros |
9 | Consumer and durables | 65,164 euros |
10 | Financial service providers | 64,735 euros |
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 Academics | Annual gross salary Non-academics |
|---|---|---|
up to 2 years | 47,541 euros | 35,933 euros |
3-5 years | 55,721 euros | 41,296 euros |
6-10 years | 66,837 euros | 45,578 euros |
11-25 years | 81,586 euros | 52,358 euros |
more than 25 years | 83,621 euros | 54,989 euros |
Executives: This is how much you earn with personnel responsibility
Executives with personal responsibility in Germany earn an average of EUR 67,868 gross per year. 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 imputed Employee |
|
|---|---|
1-4 employees | 57,301 euros |
5-14 employees | 68,046 euros |
15-49 employees | 75,531 euros |
50-100 employees | 84,703 euros |
more than 100 employees | 102,531 euros |
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 | State* | Annual gross salary |
|---|---|---|
1 | Hesse | 65,296 euros |
2 | Baden-Württemberg | 62,375 euros |
3 | Bavaria | 62,172 euros |
4th | Hamburg | 60,774 euros |
5 | North Rhine-Westphalia | 58,846 euros |
6th | Bremen | 57,881 euros |
7th | Rhineland-Palatinate | 55,275 euros |
8th | Saarland | 54,710 euros |
9 | Berlin | 54,247 euros |
10 | Lower Saxony | 53,545 euros |
11 | Schleswig-Holstein | 52,105 euros |
12 | Brandenburg | 45,066 euros |
13 | Thuringia | 44,102 euros |
14th | Saxony | 43,096 euros |
15th | Saxony-Anhalt | 42,340 euros |
16 | Mecklenburg-Western Pomerania | 42,063 euros |
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 Average salary |
|---|---|---|
1-500 employees | 52,220 euros | - 10% |
501-1,000 employees | 60,367 euros | + 4% |
more than 1,000 employees | 66,810 euros | + 15% |
Also interesting: Salary check: 100 popular professions in comparison.
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