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This article provides estimated net salaries at EBA, the European Banking Authority, located in Paris, France.

The European Banking Authority is an agency of the European Union that seeks to ensure effective and consistent prudential regulation and supervision of the EU banking sector. EBA’s objectives are to maintain financial stability and to safeguard the integrity, efficiency and orderly functioning of the EU banking sector. A key function of EBA is also carrying out risk and vulnerability assessments of the EU banking sector. EBA was established on 1 January 2011 and replaced its predecessor – the Committee of European Banking Supervisors.

Most EU institutions, including EBA, do a notoriously poor job in communicating their salaries. Very often EU agencies and other EU institutions just indicate the gross basic pay without deductions and allowances, and quite many do not adjust it by the Correction Coefficient which can have a significant impact on an employee’s net take-home pay.

This makes it very hard for people without experience in the EU system to understand one’s actual future income, and is a hindrance for quite many people already employed in EU institutions that consider a career change.

This article series will seek to address the lack of information on actual net salaries in EU agencies and other institutions.

As usual for this type of information, bear in mind the caveat that your precise salary can be calculated only by the EU institution’s HR department that knows your particular professional and personal circumstances.

The salaries below are presented according to four typical personal/family situations of future employees:

• by type of contract (Contract Agent, Administrator, Assistant, Secretary and Clerk) and
• function group (FGI-FGIV, AD5-AD16, AST1-AST11, AST/SC1-AST/SC6).

The mentioned personal/family situations are:

Situation 01	Situation 02	Situation 03	Situation 04
Single local with no children	Married local with two children	Single expat with no children	Married expat with two children

To get an idea of your actual salary at EBA, you should look at the right cell in one of the four columns in the tables below that best corresponds to your personal/family situation. In calculating these values we have summed up not only the basic salary, but also the applicable allowances and deductions: household allowance, child allowances, expatriation allowance, pension contribution, sickness, accident and unemployment insurance, as well as community tax. All values in the last four columns are also adjusted by the relevant European Commission’s Correction Coefficient, so they present a realistic approximation of take-home pay/full remuneration package calculation.

The information below gives you a realistic estimate of what you can expect to earn at EBA. People interested in working for EU institutions often only look up the basic pay for their type of contract and grade. This is a mistake as the actual net salary can differ up or down quite a bit, compared to the basic salary.

If you want to understand what elements constitute the full salary package in the EU institutions and their weight in the total remuneration calculation, please read the article applicable to your type of contract: Contract Agents, Administrators, Assistants, Secretaries and Clerks.

How to read the tables

Here’s an explanation of how to read the tables below.

Let’s assume that you have applied for an AD6 Administrator’s vacancy in EBA. You are an Italian national (any nationality except French fits here) with a spouse and two children. From the table below you can deduct that your basic salary without any adjustments would be EUR 5669, however, by working for EBA in Paris, your net take-home remuneration package would be around EUR 8251. A French national with a similar family situation would earn EUR 6952.

Contract Agent salaries at EBA

FUNC-TION GROUP	BASIC SALARY	COR-RECTION COEF-FICIENT	01| Single local with no children	02| Married local with 2 children	03| Single expat with no children	04| Married expat with 2 children
FG I step 1	2128	118.7	2227	3529	2918	4220
FG II step 4	2211	118.7	2302	3606	2992	4297
FG III step 8	2831	118.7	2927	4246	3675	4994
FG IV step 13	3624	118.7	3673	5002	4566	5904

Administrator salaries at EBA

FUNC-TION GROUP	BASIC SALARY	COR-RECTION COEF-FICIENT	01| Single local with no children	02| Married local with 2 children	03| Single expat with no children	04| Married expat with 2 children
AD 5	5011	118.7	4974	6343	6145	7515
AD 6	5669	118.7	5566	6952	6864	8251
AD 7	6414	118.7	6232	7636	7675	9079
AD 8	7258	118.7	6963	8387	8569	9993
AD 9	8211	118.7	7757	9203	9548	10994
AD 10	9291	118.7	8609	10081	10609	12081
AD 11	10512	118.7	9522	11024	11758	13260
AD 12	11893	118.7	10488	12022	12993	14527
AD 13	13457	118.7	11438	13010	14245	15817
AD 14	15225	118.7	12104	13732	15378	17006
AD 15	17227	118.7	13234	14911	16914	18591
AD 16	19491	118.7	14403	16137	18537	20272

Assistant salaries at EBA

FUNC-TION GROUP	BASIC SALARY	COR-RECTION COEF-FICIENT	01| Single local with no children	02| Married local with 2 children	03| Single expat with no children	04| Married expat with 2 children
AST 1	3058	118.7	3185	4509	3978	5302
AST 2	3459	118.7	3536	4869	4406	5739
AST 3	3914	118.7	3968	5313	4927	6272
AST 4	4429	118.7	4441	5797	5498	6855
AST 5	5011	118.7	4974	6343	6145	7515
AST 6	5669	118.7	5566	6952	6864	8251
AST 7	6414	118.7	6232	7636	7675	9079
AST 8	7258	118.7	6963	8387	8569	9993
AST 9	8211	118.7	7757	9203	9548	10994
AST 10	9291	118.7	8609	10081	10609	12081
AST 11	10512	118.7	9522	11024	11758	13260

Secretaries and Clerks salaries at EBA

FUNC-TION GROUP	BASIC SALARY	COR-RECTION COEF-FICIENT	01| Single local with no children	02| Married local with 2 children	03| Single expat with no children	04| Married expat with 2 children
AST/SC 1	2745	118.7	2839	4164	3587	4912
AST/SC 2	3106	118.7	3218	4543	4011	5336
AST/SC 3	3514	118.7	3529	4867	4431	5769
AST/SC 4	3976	118.7	4004	5349	4963	6308
AST/SC 5	4499	118.7	4506	5863	5563	6920
AST/SC 6	5090	118.7	5067	6437	6239	7609

Allowances and other benefits for EU institutions staff

Several allowances and other benefits can quite significantly boost an EU official’s income. This largely depends on whether the person is an expat and has a spouse and/or children. When considering a job at an EU institution, people too often do not take these benefits into account. Important – these benefits are available to Administrators in grades AD 5-16, Assistants in grades AST 1-11, Secretaries and Clerks in grades AST/SC 1-6, and Contract Agents in grades FG I-IV.

• Travel costs on taking up duties
• Daily subsistence allowance (during probation period)
• Installation allowance and coverage of removal costs (one-time payments)
• Expatriation allowance or Foreign Residence allowance
• Household allowance
• Dependent child allowance
• European School enrollment for children or Education allowance if there is no local EU school
• Healthcare costs reimbursement to a level of 80-85% through the EU’s Joint Sickness Insurance Scheme (JSIS) for the employee and any direct family members and dependents. 100% reimbursement of costs in case of a serious illness
• Accident insurance
• Annual travel compensation
• Birth grant
• Parental leave
• Unemployment allowance
• Removal expenses when leaving your home country and again when leaving your EU institution
• EU pension, survivors and orphan’s pensions, invalidity allowance
• Lump sum payments in case of permanent invalidity or death
• Lump sum funeral expenses, up to EUR 2350

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