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Corporate Treasurer Average Salary in Oman 2024

How much money does a person working as Corporate Treasurer make in Oman?


Average Monthly Salary
2,290 OMR
( 27,400 OMR yearly)

LOW
1,190
OMR
AVERAGE
2,290
OMR
HIGH
3,500
OMR
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 Corporate Treasurer in Oman typically earns around 2,290 OMR. Salaries range from 1,190 OMR (lowest) to 3,500 OMR (highest).


Salary Variance

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



Corporate Treasurer Pay Scale and Salaries in Oman

Median and salary distribution Oman Corporate Treasurer monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
2,070 OMR or more
10% of people earn
1,840 to 2,070 OMR
20% of people earn
1,350 OMR or less
65% of people earn
1,350 to 1,840 OMR
Minimum Salary
1,190 OMR
Median
2,080 OMR
Maximum
3,500 OMR




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 Corporate Treasurer in Oman range from 1,190 OMR (starting salary) to 3,500 OMR (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 2,080 OMR, half of the professionals who work as Corporate Treasurer in Oman 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 Corporate Treasurer in Oman earn less than 1,720 OMR, while 75% earn more. Similarly, the chart shows that 75% earn less than 2,360 OMR 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 Corporate Treasurer in Oman compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 1,350 OMR to 1,840 OMR. About 20% of salaries are below the 1,350 OMR mark, while 10% fall within the range of 1,840 OMR to 2,070 OMR. Only 5% of individuals have salaries exceeding 2,070 OMR.

Salary Comparison by Years of Experience / Corporate Treasurer / Oman

How do experience and age affect pay?

0 - 2 Years
1,350 OMR
2 - 5 Years+34%
1,810 OMR
5 - 10 Years+30%
2,350 OMR
10 - 15 Years+21%
2,850 OMR
15 - 20 Years+9%
3,120 OMR
20+ Years+5%
3,280 OMR
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Oman Corporate Treasurer
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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 Corporate Treasurer 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 1,350 OMR.

While someone with an experience level between two and five years is expected to earn 1,810 OMR, 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 2,350 OMR, 30% 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 2,850 OMR, 21% 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 3,120 OMR, 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 3,280 OMR, 5% 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 / Corporate Treasurer / Oman

How do education levels affect salaries?

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

High School
1,630 OMR
Certificate or Diploma+14%
1,860 OMR
Bachelor's Degree+41%
2,620 OMR
Master's Degree+21%
3,170 OMR
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Oman Corporate Treasurer
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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 Corporate Treasurer in order to make a comparison.


Level 1: High School

Employees at this education level have an average salary of 1,630 OMR.


Level 2: Certificate or Diploma

At this level, the average salary becomes 1,860 OMR, 14% more than the previous level.


Level 3: Bachelor's Degree

At this level, the average salary becomes 2,620 OMR, 41% more than the previous level.


Level 4: Master's Degree

At this level, the average salary becomes 3,170 OMR, 21% 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 Oman costs anywhere from 8,880 OMR to 26,600 OMR 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 / Corporate Treasurer / Oman

Salary comparison by gender Oman Corporate Treasurer 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 Corporate Treasurer in Oman, the average difference between the salary of male and female employees is 11%.

Male
2,430 OMR
Female-10%
2,190 OMR
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Oman for all Careers

Salary comparison by gender monthly Oman
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Average Annual Salary Increment Percentage / Corporate Treasurer / Oman

How much are annual salary increments in Oman for individuals working as Corporate Treasurer? How often do employees get salary raises?

Individuals working as Corporate Treasurer in Oman are likely to observe a salary increase of approximately 11% every 19 months. The national average annual increment for all professions combined is 7% granted to employees every 19 months.

Annual Salary Increment Rate Oman Corporate Treasurer
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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.

Oman / All Professions

Annual Salary Increment Rate Oman
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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 Oman is 4%.

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 / Corporate Treasurer / Oman

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Oman Corporate Treasurer
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24% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 76% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 6% to 8% of their annual salary.

Received Bonus
76%
No Bonus
24%

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 / Corporate Treasurer / Oman


13 OMR per hour

The average hourly wage (pay per hour) for individuals working as Corporate Treasurer in Oman is 13 OMR.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 Corporate Treasurer in Oman is 7 OMR. 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 Examiner880 OMR-61%
Account Executive1,510 OMR-34%
Accountant1,220 OMR-47%
Accounting Analyst1,490 OMR-35%
Accounting Assistant920 OMR-60%
Accounting Associate870 OMR-62%
Accounting Clerk740 OMR-68%
Accounting Coordinator1,050 OMR-54%
Accounting Head2,400 OMR+5%
Accounting Manager2,630 OMR+15%
Accounting Officer870 OMR-62%
Accounting Specialist1,690 OMR-26%
Accounting Supervisor1,710 OMR-25%
Accounting Technician900 OMR-61%
Accounting Unit Controller1,960 OMR-14%
Accounts Executive1,560 OMR-32%
Accounts Officer940 OMR-59%
Accounts Payable and Receivable Specialist1,200 OMR-47%
Accounts Payable Assistant1,010 OMR-56%
Accounts Payable Associate1,060 OMR-54%
Accounts Payable Clerk890 OMR-61%
Accounts Payable Manager2,510 OMR+10%
Accounts Receivable Administrator1,840 OMR-19%
Accounts Receivable Clerk910 OMR-60%
Accounts Receivable Financial Analyst1,780 OMR-22%
Accounts Receivable Manager2,300 OMR+1%
Accounts Receivable Team Leader1,710 OMR-25%
Algorithmic Trading Specialist2,070 OMR-9%
Assistant Accountant930 OMR-59%
Assistant Accounting Manager2,280 OMR-0%
Assistant Auditor1,230 OMR-46%
Assistant Corporate Controller1,740 OMR-24%
Assistant Finance Manager2,540 OMR+11%
Assistant Financial Controller1,640 OMR-28%
Audit Director2,710 OMR+19%
Audit Supervisor2,190 OMR-4%
Auditing Clerk940 OMR-59%
Auditing Manager2,630 OMR+15%
Billing Clerk960 OMR-58%
Billing Coordinator1,110 OMR-51%
Billing Specialist1,280 OMR-44%
Billing Supervisor1,910 OMR-16%
Bookkeeper790 OMR-65%
Bookkeeping Specialist1,230 OMR-46%
Budget Analyst2,200 OMR-4%
Budget Manager2,550 OMR+12%
Business Support Analyst1,380 OMR-40%
Capital Markets Associate1,760 OMR-23%
Cash Flow Analyst1,800 OMR-21%
Cash Management Manager2,500 OMR+9%
Cash Management Officer1,400 OMR-39%
Cashbook Clerk850 OMR-63%
Chartered Accountant1,500 OMR-34%
Chief Accountant1,880 OMR-18%
Chief Financial Technology Officer2,600 OMR+14%
Collections Clerk790 OMR-65%
Collections Representative1,090 OMR-52%
Collections Specialist1,220 OMR-47%
Corporate Controller1,860 OMR-19%
Corporate Treasurer2,290 OMR+0%
Cost Accountant1,200 OMR-47%
Cost Accounting Manager2,530 OMR+11%
Cost Accounting Supervisor2,010 OMR-12%
Cost Analyst1,960 OMR-14%
Credit and Collection Manager2,470 OMR+8%
Credit and Collection Staff940 OMR-59%
Credit and Loans Officer850 OMR-63%
Credit Controller1,720 OMR-25%
Credit Manager2,620 OMR+15%
Debt Adviser2,080 OMR-9%
Debt Collector980 OMR-57%
Debtors Clerk820 OMR-64%
Debtors Controller870 OMR-62%
Deputy CFO3,470 OMR+52%
Deputy Head of Finance3,230 OMR+41%
Derivative Trader2,130 OMR-7%
Director of Finance3,570 OMR+56%
E-commerce Accountant1,290 OMR-44%
Economist2,980 OMR+30%
Equity Analyst2,080 OMR-9%
Escrow Assistant1,080 OMR-53%
Executive Accountant1,410 OMR-38%
External Auditor1,710 OMR-25%
Finance Administrator1,400 OMR-39%
Finance Analyst2,310 OMR+1%
Finance Associate1,110 OMR-51%
Finance Data Analyst1,880 OMR-18%
Finance Director3,630 OMR+59%
Finance Executive2,590 OMR+13%
Finance Licensing Clerk880 OMR-61%
Finance Licensing Manager2,240 OMR-2%
Finance Licensing Specialist1,350 OMR-41%
Finance Manager3,320 OMR+45%
Finance Officer1,120 OMR-51%
Finance President3,790 OMR+66%
Finance Relationship Manager2,700 OMR+18%
Finance Release Analyst1,380 OMR-40%
Finance Specialist2,090 OMR-9%
Finance Team Leader 2,640 OMR+16%
Financial Accountant1,170 OMR-49%
Financial Actuary1,840 OMR-19%
Financial Administrator2,070 OMR-9%
Financial Advisor2,210 OMR-3%
Financial Analyst2,140 OMR-6%
Financial Applications Specialist1,560 OMR-32%
Financial Assistant970 OMR-58%
Financial Associate1,120 OMR-51%
Financial Claims Analyst1,690 OMR-26%
Financial Claims Manager2,160 OMR-5%
Financial Claims Supervisor1,930 OMR-16%
Financial Clerk950 OMR-58%
Financial Commercial Analyst1,810 OMR-21%
Financial Compliance Analyst1,940 OMR-15%
Financial Compliance Officer1,970 OMR-14%
Financial Consultant1,580 OMR-31%
Financial Controller1,920 OMR-16%
Financial Coordinator1,080 OMR-53%
Financial Customer Service Manager2,220 OMR-3%
Financial Data Scientist2,220 OMR-3%
Financial Dealer and Broker1,330 OMR-42%
Financial Director3,470 OMR+52%
Financial Encoder990 OMR-57%
Financial Manager3,400 OMR+49%
Financial Modelling Analyst2,290 OMR+0%
Financial Operations Manager3,220 OMR+41%
Financial Policy Analyst1,970 OMR-14%
Financial Project Manager2,620 OMR+15%
Financial Quantitative Analyst2,050 OMR-10%
Financial Reporting Consultant1,700 OMR-26%
Financial Reporting Manager2,430 OMR+6%
Financial Section Head2,300 OMR+1%
Financial Services Manager2,980 OMR+30%
Financial Services Sales Agent1,350 OMR-41%
Financial Technology Consultant1,930 OMR-16%
Financial Wellness Coach2,430 OMR+6%
FinTech Analyst2,170 OMR-5%
Fixed Assets Administrator1,320 OMR-42%
Forensic Accountant1,360 OMR-40%
Fraud Detection Supervisor1,440 OMR-37%
Fraud Prevention Manager2,540 OMR+11%
Fund Accountant1,150 OMR-50%
Grants Coordinator900 OMR-61%
Green Finance Analyst1,940 OMR-15%
Group Financial Manager3,610 OMR+58%
Internal Auditor1,570 OMR-31%
Internal Control Adviser1,840 OMR-19%
Internal Control Officer1,090 OMR-52%
International Tax Director2,870 OMR+26%
Inventory Accountant1,220 OMR-47%
Investment Advisor3,420 OMR+50%
Investment Analyst2,430 OMR+6%
Investment Associate2,020 OMR-12%
Investment Broker1,990 OMR-13%
Investment Fund Manager2,850 OMR+25%
Investment Operations Manager2,820 OMR+23%
Investment Underwriter1,050 OMR-54%
Investor1,640 OMR-28%
Investor Relations Manager2,470 OMR+8%
KYC Team Leader2,330 OMR+2%
Loan Processor1,000 OMR-56%
Management Accountant1,330 OMR-42%
Management Economist2,860 OMR+25%
Paymaster1,010 OMR-56%
Payroll Administrator1,590 OMR-30%
Payroll Benefits Coordinator1,370 OMR-40%
Payroll Billing Manager2,180 OMR-5%
Payroll Clerk1,120 OMR-51%
Payroll Manager2,260 OMR-1%
Payroll Officer1,110 OMR-51%
Payroll Specialist1,280 OMR-44%
Payroll Supervisor1,520 OMR-33%
Pensions Administrator1,300 OMR-43%
Personal Financial Advisor1,850 OMR-19%
Pricing Analyst2,050 OMR-10%
Private Equity Analyst2,190 OMR-4%
Project Accountant1,280 OMR-44%
Proposal Development Coordinator1,090 OMR-52%
Quantitative Trader1,760 OMR-23%
Receivables Accountant1,130 OMR-51%
Regulatory Accountant1,300 OMR-43%
Retirement Plan Analyst1,860 OMR-19%
Revenue Management Specialist2,060 OMR-10%
Revenue Recognition Analyst2,210 OMR-3%
Risk Management Director3,010 OMR+32%
Risk Management Supervisor2,390 OMR+5%
Staff Accountant1,150 OMR-50%
Tax Accountant1,180 OMR-48%
Tax Administrator1,320 OMR-42%
Tax Advisor1,800 OMR-21%
Tax Analyst1,920 OMR-16%
Tax Associate1,020 OMR-55%
Tax Consultant1,930 OMR-16%
Tax Director2,690 OMR+18%
Tax Examiner1,300 OMR-43%
Tax Manager2,380 OMR+4%
Tax Research Manager2,530 OMR+11%
Teller710 OMR-69%
Treasury Accountant1,280 OMR-44%
Treasury Analyst1,960 OMR-14%
Underwriter890 OMR-61%
Underwriting Assistant810 OMR-65%
Vice President of Finance3,200 OMR+40%

Salary Comparison By City

CityAverage Salary
Muscat2,510 OMR

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 Oman is 7% on average across all career fields.

Private Sector
1,700 OMR
Public Sector+7%
1,830 OMR
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 Corporate Treasurer in Oman?

A good and competitive compensation would range anywhere between 2,080 OMR and 2,360 OMR. 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 Corporate Treasurer in Oman ranges from 1,190 OMR to 1,720 OMR. 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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