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AML Analyst Average Salary in Mauritius 2023

How much money does an AML Analyst make in Mauritius?

Average Monthly Salary
73,300 MUR
( 880,000 MUR yearly)


A person working as an AML Analyst in Mauritius typically earns around 73,300 MUR per month. Salaries range from 33,700 MUR (lowest) to 117,000 MUR (highest).

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

AML Analyst Salary Distribution in Mauritius

Median and salary distribution monthly Mauritius AML Analyst
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The median, the maximum, the minimum, and the range

  • Salary Range

    AML Analyst salaries in Mauritius range from 33,700 MUR per month (minimum salary) to 117,000 MUR per month (maximum salary).

  • Median Salary

    The median salary is 79,200 MUR per month, which means that half (50%) of people working as AML Analyst(s) are earning less than 79,200 MUR while the other half are earning more than 79,200 MUR. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of AML Analyst(s) are earning less than 50,800 MUR while 75% of them are earning more than 50,800 MUR. Also from the diagram, 75% of AML Analyst(s) are earning less than 106,000 MUR while 25% are earning more than 106,000 MUR.

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

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning 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

AML Analyst Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Mauritius AML Analyst
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down AML Analyst salaries by experience level and this is what we found.

An AML Analyst with less than two years of experience makes approximately 38,300 MUR per month.

While someone with an experience level between two and five years is expected to earn 51,100 MUR per month, 34% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 75,600 MUR per month, 48% more than someone with two to five 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.

Additionally, AML Analyst(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 92,100 MUR per month, 22% 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 100,000 MUR per month, 9% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 109,000 MUR per month, 8% more than people with fifteen to twenty years of experience.

AML Analyst average salary change by experience in Mauritius

0 - 2 Years
38,300 MUR
2 - 5 Years+34%
51,100 MUR
5 - 10 Years+48%
75,600 MUR
10 - 15 Years+22%
92,100 MUR
15 - 20 Years+9%
100,000 MUR
20+ Years+8%
109,000 MUR
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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AML Analyst Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different AML Analyst(s) who have the same experience but different education levels.

Salary comparison by education level monthly Mauritius AML Analyst
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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 AML Analyst salaries by education level in order to make a comparison.

When the education level is Certificate or Diploma, the average salary of an AML Analyst is 43,700 MUR per month.

While someone with a Bachelor's Degree gets a salary of 68,500 MUR per month, 57% more than someone having a Certificate or Diploma degree.

A Master's Degree gets its holder an average salary of 115,000 MUR per month, 68% more than someone with a Bachelor's Degree.

AML Analyst average salary difference by education level in Mauritius

Certificate or Diploma
43,700 MUR
Bachelor's Degree+57%
68,500 MUR
Master's Degree+68%
115,000 MUR
Percentage increase and decrease are relative to the previous value

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 232,000 Mauritius Rupee(s) to 696,000 Mauritius Rupee(s) 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 into a higher paying job. The numbers seem to support the thoery. 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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AML Analyst Salary Comparison By Gender

Salary comparison by gender monthly Mauritius AML Analyst
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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? Male AML Analyst employees in Mauritius earn 11% more than their female counterparts on average.

77,200 MUR
69,500 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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AML Analyst Average Annual Salary Increment Percentage in Mauritius

How much are annual salary increments in Mauritius for AML Analyst(s)? How often do employees get salary raises?

AML Analyst

AML Analyst(s) in Mauritius are likely to observe a salary increase of approximately 8% 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 AML Analyst
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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

The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely 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%.

Annual Increment Rate By Industry 2022

Information Technology

Listed above are the average annual increase rates for each industry in Mauritius for the year 2022. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.

Worldwide Salary Raises: All Countries and All Jobs

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AML Analyst Bonus and Incentive Rates in Mauritius

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Mauritius AML Analyst
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An AML Analyst is considered to be a high bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

32% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 68% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.

Received Bonus
No Bonus

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.

A graphics designer working for a graphics designing company.

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.

AML Analyst Average Hourly Wage in Mauritius

420 MUR per hour

The average hourly wage (pay per hour) in Mauritius is 420 MUR. This means that the average AML Analyst in Mauritius earns approximately 420 MUR for every worked hour.

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

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 fix 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.

AML Analyst VS Other Jobs

Salary Comparison Between AML Analyst and Banking monthly Mauritius
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The average salary for AML Analyst is 45% more than that of Banking. Also, Banking salaries are 9% more than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
AML Analyst73,300 MUR-0%
Assistant Bank Branch Manager60,100 MUR-18%
Assistant Bank Manager77,500 MUR+6%
ATM Manager68,000 MUR-7%
ATM Service Technician19,400 MUR-74%
Bank Accounts Analyst26,900 MUR-63%
Bank Accounts Controller36,500 MUR-50%
Bank Accounts Executive50,900 MUR-31%
Bank Accounts Manager61,200 MUR-17%
Bank Auditing Manager58,800 MUR-20%
Bank Branch Manager87,300 MUR+19%
Bank Clerk16,100 MUR-78%
Bank Compliance Specialist45,600 MUR-38%
Bank Manager98,300 MUR+34%
Bank Operational Risk Manager98,000 MUR+34%
Bank Operations Head103,000 MUR+40%
Bank Operations Officer40,600 MUR-45%
Bank Operations Specialist63,700 MUR-13%
Bank Process Manager54,500 MUR-26%
Bank Product Manager 61,500 MUR-16%
Bank Programme Manager65,600 MUR-11%
Bank Project Manager77,100 MUR+5%
Bank Propositions Manager67,600 MUR-8%
Bank Quantitative Analyst48,200 MUR-34%
Bank Regional Manager106,000 MUR+45%
Bank Regional Risk Officer50,300 MUR-31%
Bank Relationship Manager73,000 MUR-0%
Bank Relationship Officer32,900 MUR-55%
Banker33,400 MUR-54%
Banking Business Analyst52,100 MUR-29%
Banking Business Development Officer31,800 MUR-57%
Banking Business Planning Executive75,000 MUR+2%
Banking Product Manager64,100 MUR-13%
Banking Reference Data Manager55,500 MUR-24%
Banking Risk Analyst48,700 MUR-34%
Banking Technical Analyst27,400 MUR-63%
Bankruptcy Coordinator35,600 MUR-51%
Budget Analyst51,400 MUR-30%
Cards Marketing Manager63,500 MUR-13%
Cash Management Manager92,100 MUR+26%
Check Processing Manager63,900 MUR-13%
Commercial Vault Associate51,500 MUR-30%
Corporate Dealer54,800 MUR-25%
Credit Analyst38,800 MUR-47%
Credit and Collections Manager69,900 MUR-5%
Credit Card Fraud Investigator55,500 MUR-24%
Credit Portfolio Manager97,600 MUR+33%
Credit Risk Analyst58,900 MUR-20%
Credit Risk Associate56,000 MUR-24%
Direct Bank Sales Representative35,800 MUR-51%
Financial Bank Planning Consultant64,000 MUR-13%
Financial Banking Analysis Manager72,300 MUR-1%
Financial Banking Assistant24,400 MUR-67%
Financial Banking Systems Manager72,200 MUR-2%
Foreign Exchange Manager72,500 MUR-1%
Fraud Analyst52,100 MUR-29%
Fraud Detection Associate37,300 MUR-49%
Fraud Detection Manager80,900 MUR+10%
Fraud Detection Supervisor46,700 MUR-36%
Internal Bank Audit Manager94,900 MUR+29%
Internal Bank Auditor47,400 MUR-35%
International Banking Manager104,000 MUR+42%
Loan Analyst50,500 MUR-31%
Loan Area Manager59,700 MUR-19%
Loan Audit Team Leader55,900 MUR-24%
Loan Branch Manager57,500 MUR-22%
Loan Business Development Officer32,200 MUR-56%
Loan Clerk17,700 MUR-76%
Loan Collection Manager62,000 MUR-15%
Loan Collector16,500 MUR-77%
Loan Examiner22,800 MUR-69%
Loan Processing Manager52,800 MUR-28%
Loan Processor22,900 MUR-69%
Loan Quality Assurance Auditor53,400 MUR-27%
Loan Quality Assurance Manager55,800 MUR-24%
Loan Quality Assurance Representative38,600 MUR-47%
Loan Review Manager60,400 MUR-18%
Loan Team Leader50,700 MUR-31%
Mortgage Advisor36,200 MUR-51%
Mortgage Collection Manager57,300 MUR-22%
Mortgage Collector16,600 MUR-77%
Mortgage Credit Analyst28,000 MUR-62%
Mortgage Credit Manager55,200 MUR-25%
Mortgage Development Manager65,700 MUR-10%
Mortgage Document Reviewer23,200 MUR-68%
Mortgage Funding Manager64,700 MUR-12%
Mortgage Operations Manager85,200 MUR+16%
Mortgage Payment Processing Clerk19,500 MUR-73%
Mortgage Processing Manager59,400 MUR-19%
Mortgage Processor24,200 MUR-67%
Mortgage Quality Assurance Auditor52,400 MUR-29%
Mortgage Quality Assurance Manager56,300 MUR-23%
Mortgage Servicing Clerk17,600 MUR-76%
Mortgage Servicing Manager57,900 MUR-21%
Mortgage Underwriter21,800 MUR-70%
Online Banking Manager91,700 MUR+25%
Payment Processing Clerk17,500 MUR-76%
Personal Banker38,400 MUR-48%
Personal Banking Advisor 37,200 MUR-49%
Phone Banker25,000 MUR-66%
Private Banker37,100 MUR-49%
Reconciliation and Investigation Specialist42,300 MUR-42%
Teller17,700 MUR-76%
Trade Officer20,900 MUR-71%
Trade Product Manager62,100 MUR-15%
Trader24,400 MUR-67%
Treasury Operations Officer44,900 MUR-39%

Government vs Private Sector Salary Comparison

Where can you get paid more, working for a private company or for the government? Public sector employees in Mauritius earn 18% more than their private sector counterparts on average across all sectors.

Private Sector
41,800 MUR
Public Sector+18%
49,200 MUR
Percentage increase and decrease are relative to the previous value

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