"Salary alone is generally not enough to attract and retain talent", according to the recruitment firm Robert Half Luxembourg, during a presentation of the 2025 edition of its "Salary Guide", published on 26 November 2024.
"Luxembourg companies are therefore banking resolutely on benefits such as pension plans, health insurance, bonuses, extra days off and luncheon vouchers.”
"In addition, more and more companies are realising that flexibility and benefits linked to personal wellbeing (such as the right to telework) have a major influence on employee satisfaction and loyalty," pointed out Cédric Desmet, regional director Luxembourg at Robert Half. "From an employee's point of view, a tailor-made benefits package is often a decisive factor in choosing an employer", Desmet said.
Salary grid
For the year 2025, Robert Half unveiled the following salary scale for finance professions.
- Finance/Commercial and Industrial
AP/AR accountant: 25th percentile: €42,000; 50th percentile: €48,000; 75th percentile: €54,000.
Accountant GL: 25th percentile: €50,000; 50th percentile: €62,000; 75th percentile: €68,000.
Auditor: 25th percentile: €48,000; 50th percentile: €50,000; 75th percentile: €56,000.
Auditor, senior: 25th percentile: €63,000; 50th percentile: €70,000; 75th percentile: €77,000.
Financial controller: 25th percentile: €63,000; 50th percentile: €70,000; 75th percentile: €82,000.
Financial manager: 25th percentile: €80,000; 50th percentile: €90,000; 75th percentile: €100,000.
CFO: 25th percentile: €105,000; 50th percentile: €120,000; 75th percentile: €135,000.
- Finance/Alternative funds
Financial assistant: 25th percentile: €42,000; 50th percentile: €53,000; 75th percentile: €60,000.
PA/AR accountant: 25th percentile: €45,000; 50th percentile: €52,000; 75th percentile: €58,000.
Accountant AP/AR, senior: 25th percentile: €58,000; 50th percentile: €65,000; 75th percentile: €80,000.
Accountant, junior: 25th percentile: €47,000; 50th percentile: €56,000; 75th percentile: €60,000.
Accountant, senior: 25th percentile: €63,000; 50th percentile: €72,000; 75th percentile: €80,000.
Auditor: 25th percentile: €48,000; 50th percentile: €50,000; 75th percentile: €56,000.
Auditor, senior: 25th percentile: €63,000; 50th percentile: €70,000; 75th percentile: €77,000.
Controller: 25th percentile: €85,000; 50th percentile: €90,000; 75th percentile: €105,000.
Financial manager: 25th percentile: €105,000; 50th percentile: €115,000; 75th percentile: €135,000.
CFO: 25th percentile: €150,000; 50th percentile: €200,000; 75th percentile: €250,000.
- Companies/Alternative funds
Manager: 25th percentile: €45,000; 50th percentile: €55,000; 75th percentile: €68,000.
- Compliance/Alternative funds
AML/KYC Officer: 25th percentile: €62,000; 50th percentile: €68,000; 75th percentile: €75,000.
Compliance Officer: 25th percentile: €75,000; 50th percentile: €85,000; 75th percentile: €110,000.
- Regulatory roles/Alternative funds
Authorised managed/conducting officer: 25th percentile: €150,000; 50th percentile: €180,000; 75th percentile: €200,000.
‘Pressure on pay rises’
"The unemployment rate remains low in Luxembourg, which accentuates the perpetual 'war for talent’,” commented Desmet. “Companies are competing fiercely to attract highly-qualified candidates, which is intensifying the pressure on pay rises. To boost their competitiveness, companies are continuing to invest in digitisation. As a result, open-minded candidates with IT skills are increasingly in demand.”
ESG
Robert Half's 2025 report also pointed out that "Luxembourg continues to emerge as a hub for sustainable financing, with a sharp increase in ESG funds. This growth, supported by the [Sustainable Finance Disclosure Regulation], is resulting in an increase in demand for ESG specialists. ESG compliance, sustainability reporting and data analysis functions are also growing in importance in the financial sector. Given their level of specialisation, these roles are attracting highly competitive salaries", the firm observed.
Digitalisation and soft skills
Similarly, “demand for technical skills remains high, not least because of the digitisation efforts being made by many companies. In finance and compliance, employers expect not only financial expertise, but also the relevant certifications and knowledge of the latest IT tools. Soft skills, such as adaptability and communication, are also important.”
On an international scale, Robert Half stated that more than four out of ten companies (42%) are planning to hire next year in order to expand their workforce.
Read the French-language version of this news report /