Average Quantitative Analyst Salary in Australia
The average annual salary of Quantitative Analyst is $100,836.00
The starting salary of Quantitative Analyst is between $54,060.00 and $63,600.00 whereas the maximum salary range is between $197,950.00 and $227,643.00.
Minimum Annual Pay | Maximum Annual Pay |
---|---|
$54,060.00 | $227,643.00 |
- Currency : AUD
- Annual Salary : $100,836.00
- Weekly Pay : $1,865.00
- Fortnightly Salary : $3,729.00
- Monthly Salary : $8,080.00
Quantitative Analyst Salary Comparison by Gender
This pie chart demonstrates the gender share for Quantitative Analyst. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.
As shown in the chart, male employees are involved significantly more as Quantitative Analyst compared to female. Their involvement is 70% while of female is only 30%.
Salary Distribution Based on Years of Experience
The line graph shows Quantitative Analyst salary in Australia on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.
For Quantitative Analyst working less than a year in a company, you notice that their annual salary starts around $80,874.15.
As the years of experience reaches 1 to 4, there is a significant increase of $7,866.75 which would give a total wage of AUD88,740.90.
Once the experience reaches 5-9 years Quantitative Analyst salary would increase again to a total of $182,183.40, adding $93,442.50 from the last salary increase.
After reaching the 10-19 year experience in their career, decrease in salary is noted to a total of $174,498.02.
Prominent Skills Affecting Quantitative Analyst Salary
The bar graph data indicates the importance of specific skills which can have a direct impact on Quantitative Analyst's salary. It clearly highlights the skills needed for a post of Quantitative Analyst when hired by an employer.
The most vital skill expected of Quantitative Analyst is Risk Management / Risk Control which impacts the most than the rest of the skills indicated with a staggering 94% comparatively. Therefore, one’s salary would greatly depend on their skills in Risk Management / Risk Control.
The skill least likely to affect one’s pay would be Financial Modeling with 54%. It can be said that Financial Modeling skill will unlikely impact the salary.
Compensation Statistics Based on Experience Levels
This combination of a line and the bar graph shows how the experience affects the salary of Quantitative Analyst. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.
As shown in the trends, lowest earning is $78,652.00 whereas the highest earning is $184,530.00 which clearly shows the salary increases with the level of expertise.
Mid Carrer person will earn the maximum salary of $184,530.00 at 83%. So to summerize, Entry Level earns 22% less than the average salary, Early Career earns 12% less than the average salary, Mid Carrer earns 83% more than the average salary, Late Career earns 73% more than the average salary.
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