AML Analyst Average Salary in Swaziland 2023
How much money does an AML Analyst make in Swaziland?
LOW
3,240
SZL AVERAGE
7,050
SZL HIGH
11,200
SZL
A person working as an AML Analyst in Swaziland typically earns around 7,050 SZL per month. Salaries range from 3,240 SZL (lowest) to 11,200 SZL (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 Swaziland
The median, the maximum, the minimum, and the range
Salary Range
AML Analyst salaries in Swaziland range from 3,240 SZL per month (minimum salary) to 11,200 SZL per month (maximum salary).
Median Salary
The median salary is 7,620 SZL per month, which means that half (50%) of people working as AML Analyst(s) are earning less than 7,620 SZL while the other half are earning more than 7,620 SZL. 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 4,890 SZL while 75% of them are earning more than 4,890 SZL. Also from the diagram, 75% of AML Analyst(s) are earning less than 10,200 SZL while 25% are earning more than 10,200 SZL.
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?
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 3,680 SZL per month.
While someone with an experience level between two and five years is expected to earn 4,920 SZL 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 7,270 SZL per month, 48% more than someone with two to five years of experience.
Additionally, AML Analyst(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 8,860 SZL 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 9,660 SZL 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 10,500 SZL per month, 8% more than people with fifteen to twenty years of experience.
AML Analyst average salary change by experience in Swaziland
| 0 - 2 Years | 3,680 SZL | |
| 2 - 5 Years | +34% | 4,920 SZL |
| 5 - 10 Years | +48% | 7,270 SZL |
| 10 - 15 Years | +22% | 8,860 SZL |
| 15 - 20 Years | +9% | 9,660 SZL |
| 20+ Years | +8% | 10,500 SZL |
Typical Salary Progress for Most Careers
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.
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 4,200 SZL per month.
While someone with a Bachelor's Degree gets a salary of 6,590 SZL per month, 57% more than someone having a Certificate or Diploma degree.
A Master's Degree gets its holder an average salary of 11,100 SZL per month, 68% more than someone with a Bachelor's Degree.
AML Analyst average salary difference by education level in Swaziland
| Certificate or Diploma | 4,200 SZL | |
| Bachelor's Degree | +57% | 6,590 SZL |
| Master's Degree | +68% | 11,100 SZL |
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 Swaziland costs anywhere from 22,500 Lilangeni(s) to 67,600 Lilangeni(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
AML Analyst Salary Comparison By Gender
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 Swaziland earn 21% more than their female counterparts on average.
| Male | 7,730 SZL | |
| Female | -17% | 6,380 SZL |
Salary Comparison By Gender in Swaziland for all Careers
AML Analyst Average Annual Salary Increment Percentage in Swaziland
How much are annual salary increments in Swaziland for AML Analyst(s)? How often do employees get salary raises?
AML Analyst
AML Analyst(s) in Swaziland are likely to observe a salary increase of approximately 9% every 28 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.
Swaziland / 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
Annual Increment Rate By Industry 2022
| Banking | 1% | |
| Energy | 2% | |
| Information Technology | 3% | |
| Healthcare | 4% | |
| Travel | 5% | |
| Construction | 6% | |
| Education | 7% |
Listed above are the average annual increase rates for each industry in Swaziland 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
AML Analyst Bonus and Incentive Rates in Swaziland
How much and how often are bonuses being awarded?
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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 | 68% | |
| No Bonus | 32% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese 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 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. |
Example: | Example: |
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.
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 Swaziland
41 SZL per hourThe average hourly wage (pay per hour) in Swaziland is 41 SZL. This means that the average AML Analyst in Swaziland earns approximately 41 SZL for every worked hour.
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
The average salary for AML Analyst is 44% more than that of Banking. Also, Banking salaries are 9% more than those of All Jobs.
Salary comparison with similar jobs
| Job Title | Average Salary |
| AML Analyst | 7,050 SZL |  -0% |
| Assistant Bank Branch Manager | 6,370 SZL | -10% |
| Assistant Bank Manager | 8,010 SZL |  +14% |
| ATM Manager | 6,820 SZL | -3% |
| ATM Service Technician | 1,890 SZL | -73% |
| Bank Accounts Analyst | 2,660 SZL | -62% |
| Bank Accounts Controller | 3,370 SZL | -52% |
| Bank Accounts Executive | 5,040 SZL | -29% |
| Bank Accounts Manager | 5,890 SZL | -16% |
| Bank Auditing Manager | 6,150 SZL | -13% |
| Bank Branch Manager | 8,620 SZL | +22% |
| Bank Clerk | 1,580 SZL | -78% |
| Bank Compliance Specialist | 4,370 SZL | -38% |
| Bank Manager | 9,820 SZL | +39% |
| Bank Operational Risk Manager | 10,100 SZL | +43% |
| Bank Operations Head | 9,870 SZL | +40% |
| Bank Operations Officer | 3,820 SZL | -46% |
| Bank Operations Specialist | 6,190 SZL | -12% |
| Bank Process Manager | 5,470 SZL | -22% |
| Bank Product Manager | 6,330 SZL | -10% |
| Bank Programme Manager | 6,950 SZL | -1% |
| Bank Project Manager | 7,510 SZL | +7% |
| Bank Propositions Manager | 6,740 SZL | -4% |
| Bank Quantitative Analyst | 4,870 SZL | -31% |
| Bank Regional Manager | 10,600 SZL | +50% |
| Bank Regional Risk Officer | 5,170 SZL | -27% |
| Bank Relationship Manager | 7,120 SZL | +1% |
| Bank Relationship Officer | 3,310 SZL | -53% |
| Banker | 3,400 SZL | -52% |
| Banking Business Analyst | 5,210 SZL | -26% |
| Banking Business Development Officer | 3,080 SZL | -56% |
| Banking Business Planning Executive | 7,570 SZL | +7% |
| Banking Product Manager | 6,610 SZL | -6% |
| Banking Reference Data Manager | 5,570 SZL | -21% |
| Banking Risk Analyst | 5,110 SZL | -28% |
| Banking Technical Analyst | 2,690 SZL | -62% |
| Bankruptcy Coordinator | 3,710 SZL | -47% |
| Budget Analyst | 5,290 SZL | -25% |
| Cards Marketing Manager | 6,270 SZL | -11% |
| Cash Management Manager | 8,690 SZL | +23% |
| Check Processing Manager | 6,480 SZL | -8% |
| Commercial Vault Associate | 5,110 SZL | -28% |
| Corporate Dealer | 5,080 SZL | -28% |
| Credit Analyst | 3,980 SZL | -44% |
| Credit and Collections Manager | 6,970 SZL | -1% |
| Credit Card Fraud Investigator | 5,380 SZL | -24% |
| Credit Portfolio Manager | 9,230 SZL | +31% |
| Credit Risk Analyst | 5,940 SZL | -16% |
| Credit Risk Associate | 5,470 SZL | -22% |
| Direct Bank Sales Representative | 3,720 SZL | -47% |
| Financial Bank Planning Consultant | 6,570 SZL | -7% |
| Financial Banking Analysis Manager | 7,850 SZL | +11% |
| Financial Banking Assistant | 2,560 SZL | -64% |
| Financial Banking Systems Manager | 6,680 SZL | -5% |
| Foreign Exchange Manager | 7,210 SZL | +2% |
| Fraud Analyst | 5,300 SZL | -25% |
| Fraud Detection Associate | 3,600 SZL | -49% |
| Fraud Detection Manager | 8,190 SZL | +16% |
| Fraud Detection Supervisor | 4,380 SZL | -38% |
| Internal Bank Audit Manager | 9,290 SZL | +32% |
| Internal Bank Auditor | 4,980 SZL | -29% |
| International Banking Manager | 10,600 SZL | +50% |
| Loan Analyst | 5,150 SZL | -27% |
| Loan Area Manager | 6,270 SZL | -11% |
| Loan Audit Team Leader | 5,870 SZL | -17% |
| Loan Branch Manager | 5,860 SZL | -17% |
| Loan Business Development Officer | 3,180 SZL | -55% |
| Loan Clerk | 1,870 SZL | -73% |
| Loan Collection Manager | 6,390 SZL | -9% |
| Loan Collector | 1,600 SZL | -77% |
| Loan Examiner | 2,150 SZL | -70% |
| Loan Processing Manager | 5,360 SZL | -24% |
| Loan Processor | 2,260 SZL | -68% |
| Loan Quality Assurance Auditor | 5,120 SZL | -27% |
| Loan Quality Assurance Manager | 5,740 SZL | -19% |
| Loan Quality Assurance Representative | 3,860 SZL | -45% |
| Loan Review Manager | 5,870 SZL | -17% |
| Loan Team Leader | 5,290 SZL | -25% |
| Mortgage Advisor | 3,660 SZL | -48% |
| Mortgage Collection Manager | 6,220 SZL | -12% |
| Mortgage Collector | 1,750 SZL | -75% |
| Mortgage Credit Analyst | 2,590 SZL | -63% |
| Mortgage Credit Manager | 5,500 SZL | -22% |
| Mortgage Development Manager | 6,360 SZL | -10% |
| Mortgage Document Reviewer | 2,180 SZL | -69% |
| Mortgage Funding Manager | 6,530 SZL | -7% |
| Mortgage Operations Manager | 9,090 SZL | +29% |
| Mortgage Payment Processing Clerk | 2,020 SZL | -71% |
| Mortgage Processing Manager | 5,820 SZL | -17% |
| Mortgage Processor | 2,310 SZL | -67% |
| Mortgage Quality Assurance Auditor | 5,270 SZL | -25% |
| Mortgage Quality Assurance Manager | 6,080 SZL | -14% |
| Mortgage Servicing Clerk | 1,800 SZL | -74% |
| Mortgage Servicing Manager | 5,750 SZL | -18% |
| Mortgage Underwriter | 2,070 SZL | -71% |
| Online Banking Manager | 9,090 SZL | +29% |
| Payment Processing Clerk | 1,870 SZL | -73% |
| Personal Banker | 3,730 SZL | -47% |
| Personal Banking Advisor | 3,860 SZL | -45% |
| Phone Banker | 2,450 SZL | -65% |
| Private Banker | 3,840 SZL | -46% |
| Reconciliation and Investigation Specialist | 4,010 SZL | -43% |
| Teller | 1,680 SZL | -76% |
| Trade Officer | 2,160 SZL | -69% |
| Trade Product Manager | 6,250 SZL | -11% |
| Trader | 2,640 SZL | -63% |
| Treasury Operations Officer | 4,360 SZL | -38% |
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 Swaziland earn 11% more than their private sector counterparts on average across all sectors.
| Private Sector | 4,240 SZL | |
| Public Sector | +11% | 4,690 SZL |
