A person working as a Risk and Capital Manager in Morocco typically earns around 32,300 MAD per month. Salaries range from 15,500 MAD (lowest) to 50,700 MAD (highest).
This is the average monthly salary including housing, transport, and other benefits. Risk and Capital Manager salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Risk and Capital Manager salaries in Morocco range from 15,500 MAD per month (minimum salary) to 50,700 MAD per month (maximum salary).
The median salary is 33,600 MAD per month, which means that half (50%) of people working as Risk and Capital Manager(s) are earning less than 33,600 MAD while the other half are earning more than 33,600 MAD. 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.
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Risk and Capital Manager(s) are earning less than 22,100 MAD while 75% of them are earning more than 22,100 MAD. Also from the diagram, 75% of Risk and Capital Manager(s) are earning less than 43,800 MAD while 25% are earning more than 43,800 MAD.
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
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 Risk and Capital Manager salaries by experience level and this is what we found.
A Risk and Capital Manager with less than two years of experience makes approximately 18,100 MAD per month.
While someone with an experience level between two and five years is expected to earn 25,700 MAD per month, 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 33,800 MAD per month, 31% more than someone with two to five years of experience.
Additionally, Risk and Capital Manager(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 41,500 MAD per month, 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 44,200 MAD per month, 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 48,400 MAD per month, 10% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+42%|
|5 - 10 Years||+31%|
|10 - 15 Years||+23%|
|15 - 20 Years||+6%|
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 Risk and Capital Manager salaries by education level in order to make a comparison.
When the education level is High School, the average salary of a Risk and Capital Manager is 22,500 MAD per month.
While someone with a Certificate or Diploma gets a salary of 26,000 MAD per month, 16% more than someone having a High School degree.
A Bachelor's Degree gets its holder an average salary of 38,000 MAD per month, 46% more than someone with a Certificate or Diploma.
Professionals who hold a Master's Degree are rewarded with an average salary of 46,800 MAD per month, 23% more than someone with Bachelor's Degree.
|Certificate or Diploma||+16%|
A Master's degree program or any post-graduate program in Morocco costs anywhere from 97,100 Moroccan Dirham(s) to 291,000 Moroccan Dirham(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.
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Risk and Capital Manager employees in Morocco earn 9% more than their female counterparts on average.
Risk and Capital Manager(s) in Morocco are likely to observe a salary increase of approximately 14% every 16 months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.
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.
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
Listed above are the average annual increase rates for each industry in Morocco for the year 2021. 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.
A Risk and Capital Manager 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.
17% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 83% 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.
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.
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.
The main two types of jobs
|Revenue Generators||Supporting 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.
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.
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.
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.
The average salary for Risk and Capital Manager is 23% more than that of Executive and Management. Also, Executive and Management salaries are 35% more than those of All Jobs.
|Job Title||Average Salary|
|Account Coordinator||18,900 MAD||-41%|
|Administration Manager||21,900 MAD||-32%|
|Area Manager||21,100 MAD||-35%|
|Asset Protection Associate||22,700 MAD||-30%|
|Assistant Director||21,800 MAD||-32%|
|Assistant Manager||24,600 MAD||-24%|
|Assistant Operations Manager||26,000 MAD||-19%|
|Assistant Project Manager||22,300 MAD||-31%|
|Assistant Section Head||18,400 MAD||-43%|
|Assistant to CEO||20,400 MAD||-37%|
|Assistant Vice President||23,300 MAD||-28%|
|Associate Director||23,400 MAD||-27%|
|Bid Manager||27,000 MAD||-16%|
|Branch Manager||25,300 MAD||-22%|
|Business Development Manager||27,800 MAD||-14%|
|Business Operations Associate||22,300 MAD||-31%|
|Business Operations Lead||24,100 MAD||-25%|
|Campaign Manager||25,300 MAD||-22%|
|Chairman of The Board||41,800 MAD||+30%|
|Chairman Office Manager||28,700 MAD||-11%|
|Chief Corporate Officer||36,700 MAD||+14%|
|Chief Executive Officer||41,900 MAD||+30%|
|Chief Financial Officer||41,100 MAD||+27%|
|Chief of Staff||20,800 MAD||-36%|
|Chief Operating Officer||33,000 MAD||+2%|
|Chief Risk Officer||27,400 MAD||-15%|
|Client Services Manager||27,700 MAD||-14%|
|Commercial Project Manager||22,900 MAD||-29%|
|Commodity Broker||17,700 MAD||-45%|
|Corporate Affairs Executive||26,000 MAD||-19%|
|Corporate Compliance Director||27,000 MAD||-16%|
|Corporate Director||29,800 MAD||-8%|
|Corporate Officer||20,300 MAD||-37%|
|Corporate Partnerships Officer||20,000 MAD||-38%|
|Country Manager||33,400 MAD||+3%|
|Deputy Director||32,200 MAD||-0%|
|Director of Accreditation||28,600 MAD||-11%|
|Director of Catering Services||26,900 MAD||-17%|
|Director of Client Services||26,700 MAD||-17%|
|Director of Facilities Management||23,400 MAD||-27%|
|Director of Operations||28,600 MAD||-11%|
|Director of Process Simplification||22,600 MAD||-30%|
|Director of Project Management||31,000 MAD||-4%|
|Director of Revenue Management||27,500 MAD||-15%|
|Director of Training and Development||27,200 MAD||-16%|
|Distribution Manager||30,400 MAD||-6%|
|Division Manager||25,200 MAD||-22%|
|Duty Manager||25,800 MAD||-20%|
|Engagement Manager||31,500 MAD||-2%|
|Executive Director||41,500 MAD||+29%|
|Executive Manager||35,000 MAD||+8%|
|Franchise Manager||36,100 MAD||+12%|
|General Manager||34,400 MAD||+7%|
|Global Master Data Manager||29,500 MAD||-9%|
|Head of Middle Office||27,600 MAD||-14%|
|Head of Projects||29,800 MAD||-8%|
|Head of Sustainability||24,700 MAD||-23%|
|Housing Manager||24,300 MAD||-25%|
|HSE Manager||23,300 MAD||-28%|
|Key Account Manager||23,200 MAD||-28%|
|Knowledge Manager||27,200 MAD||-16%|
|Location Manager||26,400 MAD||-18%|
|Logistics Manager||23,000 MAD||-29%|
|Management Consultant||22,100 MAD||-32%|
|Management Executive||31,100 MAD||-4%|
|Managing Director||35,100 MAD||+9%|
|MIS Executive||27,600 MAD||-14%|
|Ocean Services Manager||29,400 MAD||-9%|
|Operations Assistant||20,900 MAD||-35%|
|Operations Director||33,000 MAD||+2%|
|Operations Executive||32,700 MAD||+1%|
|Operations Manager||32,700 MAD||+1%|
|Operations Supervisor||26,800 MAD||-17%|
|Policy Administration Executive||23,700 MAD||-27%|
|Private Sector Executive||26,300 MAD||-19%|
|Product Development Manager||30,200 MAD||-6%|
|Product Executive||25,800 MAD||-20%|
|Production Executive||29,200 MAD||-10%|
|Production Manager||28,400 MAD||-12%|
|Production Supervisor||24,800 MAD||-23%|
|Program Manager||29,100 MAD||-10%|
|Programme Coordinator||20,100 MAD||-38%|
|Project Control Manager||30,800 MAD||-5%|
|Project Coordinator||17,100 MAD||-47%|
|Project Management Officer||21,000 MAD||-35%|
|Project Manager||22,800 MAD||-29%|
|Project Portfolio Manager||22,500 MAD||-30%|
|Quality Manager||23,300 MAD||-28%|
|R/D Director||25,000 MAD||-23%|
|Regional Director||41,400 MAD||+28%|
|Regional Manager||31,200 MAD||-3%|
|Relationship Manager||28,300 MAD||-12%|
|Retail District Manager||21,400 MAD||-34%|
|Revenue Manager||21,900 MAD||-32%|
|Risk and Capital Manager||32,300 MAD||+0%|
|Risk Officer||22,600 MAD||-30%|
|Safety Manager||21,800 MAD||-32%|
|Section Head||21,600 MAD||-33%|
|Service Manager||22,900 MAD||-29%|
|Shift Supervisor||18,600 MAD||-42%|
|Solutions Manager||20,100 MAD||-38%|
|Supply Chain Manager||31,200 MAD||-3%|
|Technical Manager||28,100 MAD||-13%|
|Territory Manager||28,800 MAD||-11%|
|Validation Manager||24,800 MAD||-23%|
|Vice President||34,200 MAD||+6%|
|Zone Manager||30,900 MAD||-4%|
Where can you get paid more, working for a private company or for the government? Public sector employees in Morocco earn 8% more than their private sector counterparts on average across all sectors.