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Internal Auditor Average Salary in Mauritius 2024

How much money does a person working as Internal Auditor make in Mauritius?


Average Monthly Salary
46,000 MUR
( 551,000 MUR yearly)

LOW
22,100
MUR
AVERAGE
46,000
MUR
HIGH
72,100
MUR
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Internal Auditor in Mauritius typically earns around 46,000 MUR. Salaries range from 22,100 MUR (lowest) to 72,100 MUR (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Internal Auditor salaries in Mauritius vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Internal Auditor Pay Scale and Salaries in Mauritius

Median and salary distribution Mauritius Internal Auditor monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
42,900 MUR or more
10% of people earn
37,800 to 42,900 MUR
20% of people earn
26,600 MUR or less
65% of people earn
26,600 to 37,800 MUR
Minimum Salary
22,100 MUR
Median
43,200 MUR
Maximum
72,100 MUR




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Internal Auditor in Mauritius range from 22,100 MUR (starting salary) to 72,100 MUR (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 43,200 MUR, half of the professionals who work as Internal Auditor in Mauritius earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Internal Auditor in Mauritius earn less than 35,200 MUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 49,500 MUR while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Internal Auditor in Mauritius compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 26,600 MUR to 37,800 MUR. About 20% of salaries are below the 26,600 MUR mark, while 10% fall within the range of 37,800 MUR to 42,900 MUR. Only 5% of individuals have salaries exceeding 42,900 MUR.

Salary Comparison by Years of Experience / Internal Auditor / Mauritius

How do experience and age affect pay?

0 - 2 Years
25,800 MUR
2 - 5 Years+42%
36,600 MUR
5 - 10 Years+31%
48,100 MUR
10 - 15 Years+23%
59,100 MUR
15 - 20 Years+6%
62,900 MUR
20+ Years+10%
68,900 MUR
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Mauritius Internal Auditor
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The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Internal Auditor and this is what we found.


All salary figures displayed here are per month except when noted otherwise.

Employees with less than two years of experience earn approximately 25,800 MUR.

While someone with an experience level between two and five years is expected to earn 36,600 MUR, 42% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 48,100 MUR, 31% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 59,100 MUR, 23% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 62,900 MUR, 6% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 68,900 MUR, 10% more than people with fifteen to twenty years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Internal Auditor / Mauritius

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Internal Auditor.

Certificate or Diploma
32,100 MUR
Bachelor's Degree+59%
51,100 MUR
Master's Degree+33%
68,100 MUR
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Mauritius Internal Auditor
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Internal Auditor in order to make a comparison.


Level 1: Certificate or Diploma

Employees at this education level have an average salary of 32,100 MUR.


Level 2: Bachelor's Degree

At this level, the average salary becomes 51,100 MUR, 59% more than the previous level.


Level 3: Master's Degree

At this level, the average salary becomes 68,100 MUR, 33% more than the previous level.



Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Mauritius costs anywhere from 233,000 MUR to 699,000 MUR and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Salary and Compensation Comparison By Gender / Internal Auditor / Mauritius

Salary comparison by gender Mauritius Internal Auditor monthly
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Internal Auditor in Mauritius, the average difference between the salary of male and female employees is 6%.

Male
47,700 MUR
Female-6%
44,900 MUR
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Mauritius for all Careers

Salary comparison by gender monthly Mauritius
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Average Annual Salary Increment Percentage / Internal Auditor / Mauritius

How much are annual salary increments in Mauritius for individuals working as Internal Auditor? How often do employees get salary raises?

Individuals working as Internal Auditor in Mauritius are likely to observe a salary increase of approximately 7% every 29 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.

Annual Salary Increment Rate Mauritius Internal Auditor
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Mauritius / All Professions

Annual Salary Increment Rate Mauritius
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in Mauritius is 2%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates / Internal Auditor / Mauritius

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Mauritius Internal Auditor
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61% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 39% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.

Received Bonus
39%
No Bonus
61%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Average Hourly Wage / Internal Auditor / Mauritius


270 MUR per hour

The average hourly wage (pay per hour) for individuals working as Internal Auditor in Mauritius is 270 MUR.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Internal Auditor in Mauritius is 130 MUR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Accounting and Finance-100%
Account Examiner25,300 MUR-45%
Account Executive43,200 MUR-6%
Accountant31,400 MUR-32%
Accounting Analyst41,000 MUR-11%
Accounting Assistant25,500 MUR-45%
Accounting Associate24,100 MUR-48%
Accounting Clerk20,000 MUR-56%
Accounting Coordinator30,400 MUR-34%
Accounting Head68,400 MUR+49%
Accounting Manager69,100 MUR+50%
Accounting Officer25,600 MUR-44%
Accounting Specialist44,000 MUR-4%
Accounting Supervisor44,900 MUR-2%
Accounting Technician22,000 MUR-52%
Accounting Unit Controller57,800 MUR+26%
Accounts Executive41,900 MUR-9%
Accounts Officer26,400 MUR-43%
Accounts Payable and Receivable Specialist34,900 MUR-24%
Accounts Payable Assistant26,100 MUR-43%
Accounts Payable Associate31,600 MUR-31%
Accounts Payable Clerk25,100 MUR-45%
Accounts Payable Manager62,600 MUR+36%
Accounts Receivable Administrator47,000 MUR+2%
Accounts Receivable Clerk24,500 MUR-47%
Accounts Receivable Financial Analyst44,400 MUR-3%
Accounts Receivable Manager66,300 MUR+44%
Accounts Receivable Team Leader50,600 MUR+10%
Algorithmic Trading Specialist60,400 MUR+31%
Assistant Accountant25,500 MUR-45%
Assistant Accounting Manager61,800 MUR+34%
Assistant Auditor32,800 MUR-29%
Assistant Corporate Controller42,700 MUR-7%
Assistant Finance Manager68,700 MUR+50%
Assistant Financial Controller45,500 MUR-1%
Audit Director78,100 MUR+70%
Audit Supervisor61,400 MUR+34%
Auditing Clerk26,400 MUR-43%
Auditing Manager66,400 MUR+44%
Billing Clerk24,500 MUR-47%
Billing Coordinator30,400 MUR-34%
Billing Specialist35,700 MUR-22%
Billing Supervisor49,300 MUR+7%
Bookkeeper22,000 MUR-52%
Bookkeeping Specialist30,000 MUR-35%
Budget Analyst54,000 MUR+18%
Budget Manager67,200 MUR+46%
Business Support Analyst37,000 MUR-19%
Capital Markets Associate51,900 MUR+13%
Cash Flow Analyst51,000 MUR+11%
Cash Management Manager62,800 MUR+37%
Cash Management Officer37,800 MUR-18%
Cashbook Clerk22,000 MUR-52%
Chartered Accountant43,600 MUR-5%
Chief Accountant47,400 MUR+3%
Chief Financial Technology Officer67,200 MUR+46%
Collections Clerk19,400 MUR-58%
Collections Representative28,100 MUR-39%
Collections Specialist34,400 MUR-25%
Corporate Controller54,900 MUR+19%
Corporate Treasurer64,400 MUR+40%
Cost Accountant34,200 MUR-26%
Cost Accounting Manager62,800 MUR+37%
Cost Accounting Supervisor52,400 MUR+14%
Cost Analyst52,300 MUR+14%
Credit and Collection Manager65,100 MUR+42%
Credit and Collection Staff25,200 MUR-45%
Credit and Loans Officer24,600 MUR-46%
Credit Controller44,600 MUR-3%
Credit Manager66,600 MUR+45%
Debt Adviser53,100 MUR+16%
Debt Collector26,800 MUR-42%
Debtors Clerk23,500 MUR-49%
Debtors Controller25,600 MUR-44%
Deputy CFO87,000 MUR+89%
Deputy Head of Finance93,700 MUR+100%
Derivative Trader55,900 MUR+22%
Director of Finance98,400 MUR+110%
E-commerce Accountant33,900 MUR-26%
Economist73,700 MUR+60%
Equity Analyst60,900 MUR+33%
Escrow Assistant29,600 MUR-36%
Executive Accountant36,100 MUR-21%
External Auditor46,400 MUR+1%
Finance Administrator39,300 MUR-14%
Finance Analyst56,800 MUR+24%
Finance Associate27,500 MUR-40%
Finance Data Analyst55,800 MUR+21%
Finance Director96,900 MUR+110%
Finance Executive70,400 MUR+53%
Finance Licensing Clerk23,900 MUR-48%
Finance Licensing Manager65,600 MUR+43%
Finance Licensing Specialist34,900 MUR-24%
Finance Manager95,400 MUR+110%
Finance Officer32,800 MUR-29%
Finance President92,500 MUR+100%
Finance Relationship Manager79,900 MUR+74%
Finance Release Analyst38,400 MUR-16%
Finance Specialist53,000 MUR+15%
Finance Team Leader 76,000 MUR+65%
Financial Accountant34,400 MUR-25%
Financial Actuary51,300 MUR+12%
Financial Administrator53,300 MUR+16%
Financial Advisor60,300 MUR+31%
Financial Analyst61,300 MUR+33%
Financial Applications Specialist40,600 MUR-12%
Financial Assistant27,100 MUR-41%
Financial Associate32,900 MUR-28%
Financial Claims Analyst43,300 MUR-6%
Financial Claims Manager59,500 MUR+29%
Financial Claims Supervisor57,300 MUR+25%
Financial Clerk24,900 MUR-46%
Financial Commercial Analyst46,500 MUR+1%
Financial Compliance Analyst54,300 MUR+18%
Financial Compliance Officer51,400 MUR+12%
Financial Consultant45,800 MUR-0%
Financial Controller53,200 MUR+16%
Financial Coordinator31,400 MUR-32%
Financial Customer Service Manager60,700 MUR+32%
Financial Data Scientist62,600 MUR+36%
Financial Dealer and Broker35,500 MUR-23%
Financial Director101,000 MUR+120%
Financial Encoder29,300 MUR-36%
Financial Manager93,200 MUR+100%
Financial Modelling Analyst56,700 MUR+23%
Financial Operations Manager81,100 MUR+76%
Financial Policy Analyst49,200 MUR+7%
Financial Project Manager65,200 MUR+42%
Financial Quantitative Analyst58,200 MUR+27%
Financial Reporting Consultant49,300 MUR+7%
Financial Reporting Manager60,700 MUR+32%
Financial Section Head64,100 MUR+39%
Financial Services Manager87,900 MUR+91%
Financial Services Sales Agent36,400 MUR-21%
Financial Technology Consultant51,600 MUR+12%
Financial Wellness Coach69,800 MUR+52%
FinTech Analyst55,000 MUR+20%
Fixed Assets Administrator33,100 MUR-28%
Forensic Accountant40,300 MUR-12%
Fraud Detection Supervisor42,400 MUR-8%
Fraud Prevention Manager66,000 MUR+44%
Fund Accountant32,100 MUR-30%
Grants Coordinator24,800 MUR-46%
Green Finance Analyst47,900 MUR+4%
Group Financial Manager91,800 MUR+100%
Internal Auditor46,000 MUR+0%
Internal Control Adviser54,100 MUR+18%
Internal Control Officer28,200 MUR-39%
International Tax Director82,200 MUR+79%
Inventory Accountant35,700 MUR-22%
Investment Advisor84,300 MUR+83%
Investment Analyst64,600 MUR+41%
Investment Associate56,300 MUR+23%
Investment Broker57,000 MUR+24%
Investment Fund Manager70,200 MUR+53%
Investment Operations Manager71,100 MUR+55%
Investment Underwriter27,800 MUR-40%
Investor41,100 MUR-11%
Investor Relations Manager66,500 MUR+45%
KYC Team Leader64,500 MUR+40%
Loan Processor27,600 MUR-40%
Management Accountant37,700 MUR-18%
Management Economist77,000 MUR+68%
Paymaster26,000 MUR-43%
Payroll Administrator44,100 MUR-4%
Payroll Benefits Coordinator35,900 MUR-22%
Payroll Billing Manager61,600 MUR+34%
Payroll Clerk27,300 MUR-41%
Payroll Manager59,500 MUR+29%
Payroll Officer27,600 MUR-40%
Payroll Specialist34,200 MUR-26%
Payroll Supervisor43,100 MUR-6%
Pensions Administrator35,000 MUR-24%
Personal Financial Advisor48,200 MUR+5%
Pricing Analyst54,000 MUR+18%
Private Equity Analyst57,900 MUR+26%
Project Accountant35,500 MUR-23%
Proposal Development Coordinator29,400 MUR-36%
Quantitative Trader47,200 MUR+3%
Receivables Accountant30,600 MUR-33%
Regulatory Accountant37,200 MUR-19%
Retirement Plan Analyst54,900 MUR+19%
Revenue Management Specialist53,600 MUR+17%
Revenue Recognition Analyst62,200 MUR+35%
Risk Management Director77,000 MUR+68%
Risk Management Supervisor65,800 MUR+43%
Staff Accountant32,100 MUR-30%
Tax Accountant30,500 MUR-34%
Tax Administrator35,700 MUR-22%
Tax Advisor52,300 MUR+14%
Tax Analyst49,100 MUR+7%
Tax Associate28,400 MUR-38%
Tax Consultant53,100 MUR+16%
Tax Director80,000 MUR+74%
Tax Examiner35,100 MUR-24%
Tax Manager70,400 MUR+53%
Tax Research Manager66,200 MUR+44%
Teller20,000 MUR-56%
Treasury Accountant34,400 MUR-25%
Treasury Analyst56,500 MUR+23%
Underwriter22,200 MUR-52%
Underwriting Assistant21,600 MUR-53%
Vice President of Finance94,400 MUR+110%

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Mauritius is 18% on average across all career fields.

Private Sector
41,900 MUR
Public Sector+18%
49,400 MUR
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Internal Auditor in Mauritius?

A good and competitive compensation would range anywhere between 43,200 MUR and 49,500 MUR. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Internal Auditor in Mauritius ranges from 22,100 MUR to 35,200 MUR. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary


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