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What Banks in Austria Had the Most Employees in 2016?

Top Banks by Number of Employees
Banking | Austria | August 8, 2023
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Excel Sheet

Based on a comparison of 15 banks in Austria in 2016, Raiffeisen Bank Int. had the most employees, followed by Erste Group Bank and Bank Austria Group.

Raiffeisen Bank Int. employed 48,556 persons in 2016, down 5.70% when compared to the previous year. Historically, the bank's workforce hit an all time high of 63,376 persons in 2008 and an all time low of 13,478 in 2002.

Average cost reached 2,418 per month per employee, 7.66% more than a year ago. This figure was 1,303 some 10 years ago.

Comparing Raiffeisen Bank Int. with its closest peers, Erste Group Bank had 47,034 employees with average cost of 4,145 per person, Bank Austria Group operated with 27,863 people (and 3,269 per employee) and Raiffeisenlandesbank Oberosterreich had 5,831 employees in 2016 with cost 5,831 per head.

Austrian banking sector employed 72,957 people in 2016. The average staff cost per employee reached 7,712.

You can see all the banks employees data on the Employees indicator page or you can download a report on the Austrian banks in the report section.