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Posted on July 25 2024

What is the highest paying job in Austria?

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By  Editor
Updated July 25 2024

Austria's average salary for employees is a significant factor in calculating the economic well-being of its workforce. According to the latest report, the average salary in Austria reflects the country's high standard of living and substantial social security system. Workers receive generous salaries for their labor, which is indicative of the nation's developed economy and labor laws.

 

Austrian employees enjoy a high degree of job security and a comprehensive employee benefits package, including healthcare, pension, and unemployment insurance, contributing to the overall annual package.

 

*Looking for jobs in Austria? Avail Y-Axis Job Search Services to find the suitable one for you!

 

Factors that influence salary package

Different factors affect the variation in salaries within Australia. These determine causes significant deviations from the average wages and helps to explain why the groups of workers earn more or less than others. Here are the lists of factors that influence salaries in Austria:

 

  • Industry and Sector
  • Work experience
  • Education and Qualification
  • Size of Company
  • Location
  • Working hours
  • Union Membership
  • Age
  • Gender
  • Economic performance
  • Government Policies

 

Highest paying jobs in Austria

In Austria, many other countries and different sectors and occupations tend to offer higher packages than others. These highest-paying jobs require work experience and education qualifications. Here are the lists of the jobs:

Professions

Job roles

Annual Salary

Medical Professional

Doctors: surgeons, radiologists, and cardiologists

€ 76,500

Executive Management

Top executives :CEOs and managing directors of large companies

€ 64,500

Finance and Insurance

investment bankers, financial managers, and insurance executives

 €60,300

Information Technology

IT professionals: cyber security, software development, and data science

€ 61,200

Legal Professionals

 Lawyers: corporate law, intellectual property, and international law firms

€ 133 657

Engineering

 Highly skilled :chemical, electrical, and automotive engineering are essential to Austria's industrial and technological sectors

€ 60,000

Sales and Business Development

Sales directors and business development managers, pharmaceuticals and technology

 €62,600

Aviation

Airline pilots and flight engineers

€ 57 494

Energy Sector

Experienced professionals in the oil, gas, and renewable energy sectors 

€ 3,560

Tax Advisors 

Tax Advisors 

€ 64,900

Software architect

Software architect

€ 70,200

 Key Account Managers

Accountant

€ 64,400

Country Managers

role in leading and managing multinational companies

€ 64,500

 

 Requirements to apply for an Austria work visa

The requirements to apply for an Austria work visa:

 

  • Valid passport
  • Proof of funds Proof of accommodation
  • Health insurance
  • Work experience
  • Proof of language proficiency
  • A degree from an authorized university or higher education
  • Birth certificate
  • Average annual income equivalent to senior management position
  • Awards and prizes

 

*Want assistance for Austria Immigration? Talk to Y-Axis, the world’s No. 1 overseas immigration consultancy for end-to-end support.

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