The Kronen Zeitung newspaper said that Kurz would take up a managerial job with an unnamed internationally operating company in early February. The Oesterreich daily put his annual pay at 500,000 euros ($566,000).
The 35-year-old said earlier in December that he was quitting politics to spend more time with his newborn son.
The announcement came weeks after Austrian prosecutors raided his office as part of a corruption probe.