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Bank Operations Head Average Salary in Tunisia 2024

How much money does a person working as Bank Operations Head make in Tunisia?


Average Monthly Salary
8,490 TND
( 102,000 TND yearly)

LOW
4,420
TND
AVERAGE
8,490
TND
HIGH
13,000
TND
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 Bank Operations Head in Tunisia typically earns around 8,490 TND. Salaries range from 4,420 TND (lowest) to 13,000 TND (highest).


Salary Variance

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



Bank Operations Head Pay Scale and Salaries in Tunisia

Median and salary distribution Tunisia Bank Operations Head monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
7,690 TND or more
10% of people earn
6,850 to 7,690 TND
20% of people earn
5,000 TND or less
65% of people earn
5,000 to 6,850 TND
Minimum Salary
4,420 TND
Median
7,730 TND
Maximum
13,000 TND




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 Bank Operations Head in Tunisia range from 4,420 TND (starting salary) to 13,000 TND (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 7,730 TND, half of the professionals who work as Bank Operations Head in Tunisia 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 Bank Operations Head in Tunisia earn less than 6,410 TND, while 75% earn more. Similarly, the chart shows that 75% earn less than 8,770 TND 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 Bank Operations Head in Tunisia compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 5,000 TND to 6,850 TND. About 20% of salaries are below the 5,000 TND mark, while 10% fall within the range of 6,850 TND to 7,690 TND. Only 5% of individuals have salaries exceeding 7,690 TND.

Salary Comparison by Years of Experience / Bank Operations Head / Tunisia

How do experience and age affect pay?

0 - 2 Years
5,020 TND
2 - 5 Years+34%
6,730 TND
5 - 10 Years+30%
8,750 TND
10 - 15 Years+21%
10,600 TND
15 - 20 Years+9%
11,600 TND
20+ Years+5%
12,200 TND
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Tunisia Bank Operations Head
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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 Bank Operations Head 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 5,020 TND.

While someone with an experience level between two and five years is expected to earn 6,730 TND, 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 8,750 TND, 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 10,600 TND, 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 11,600 TND, 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 12,200 TND, 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 / Bank Operations Head / Tunisia

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Bank Operations Head.

Bachelor's Degree
7,080 TND
Master's Degree+39%
9,820 TND
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Tunisia Bank Operations Head
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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 Bank Operations Head in order to make a comparison.


Level 1: Bachelor's Degree

Employees at this education level have an average salary of 7,080 TND.


Level 2: Master's Degree

At this level, the average salary becomes 9,820 TND, 39% 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 Tunisia costs anywhere from 19,600 TND to 58,900 TND 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 / Bank Operations Head / Tunisia

Salary comparison by gender Tunisia Bank Operations Head 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 Bank Operations Head in Tunisia, the average difference between the salary of male and female employees is 11%.

Male
9,030 TND
Female-10%
8,140 TND
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Tunisia for all Careers

Salary comparison by gender monthly Tunisia
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Average Annual Salary Increment Percentage / Bank Operations Head / Tunisia

How much are annual salary increments in Tunisia for individuals working as Bank Operations Head? How often do employees get salary raises?

Individuals working as Bank Operations Head in Tunisia are likely to observe a salary increase of approximately 13% every 20 months. The national average annual increment for all professions combined is 8% granted to employees every 19 months.

Annual Salary Increment Rate Tunisia Bank Operations Head
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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.

Tunisia / All Professions

Annual Salary Increment Rate Tunisia
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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 Tunisia is 5%.

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 / Bank Operations Head / Tunisia

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Tunisia Bank Operations Head
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23% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 77% 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
77%
No Bonus
23%

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 / Bank Operations Head / Tunisia


49 TND per hour

The average hourly wage (pay per hour) for individuals working as Bank Operations Head in Tunisia is 49 TND.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 Bank Operations Head in Tunisia is 25 TND. 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
Banking-100%
AML Analyst6,000 TND-29%
Assistant Bank Branch Manager5,330 TND-37%
Assistant Bank Manager6,890 TND-19%
ATM Manager5,940 TND-30%
ATM Service Technician1,670 TND-80%
Bank Accounts Analyst2,360 TND-72%
Bank Accounts Collector1,370 TND-84%
Bank Accounts Controller3,090 TND-64%
Bank Accounts Executive4,230 TND-50%
Bank Accounts Manager5,010 TND-41%
Bank Auditing Manager4,960 TND-42%
Bank Branch Manager7,130 TND-16%
Bank Branch Operations Coordinator3,020 TND-64%
Bank Clerk1,420 TND-83%
Bank Client Service Associate2,010 TND-76%
Bank Collector1,450 TND-83%
Bank Compliance Specialist3,590 TND-58%
Bank Manager8,650 TND+2%
Bank Operational Risk Manager8,090 TND-5%
Bank Operations Head8,490 TND-0%
Bank Operations Officer3,390 TND-60%
Bank Operations Specialist4,990 TND-41%
Bank Process Manager4,500 TND-47%
Bank Product Manager 5,520 TND-35%
Bank Programme Manager5,820 TND-31%
Bank Project Manager6,440 TND-24%
Bank Propositions Manager6,120 TND-28%
Bank Quantitative Analyst4,380 TND-48%
Bank Regional Manager9,020 TND+6%
Bank Regional Risk Officer4,310 TND-49%
Bank Relationship Manager6,100 TND-28%
Bank Relationship Officer2,850 TND-66%
Bank Sustainability Analyst4,690 TND-45%
Bank Teller1,490 TND-82%
Banker2,850 TND-66%
Banking Business Analyst4,470 TND-47%
Banking Business Development Officer2,680 TND-68%
Banking Business Planning Executive5,990 TND-29%
Banking Data Analyst4,920 TND-42%
Banking Product Manager5,300 TND-38%
Banking Reference Data Manager4,850 TND-43%
Banking Regulatory Compliance Officer5,150 TND-39%
Banking Risk Analyst4,310 TND-49%
Banking Technical Analyst2,320 TND-73%
Bankruptcy Coordinator3,030 TND-64%
Bill and Account Collector1,480 TND-83%
Blockchain Analyst3,800 TND-55%
Blockchain Architect4,500 TND-47%
Blockchain Auditor3,680 TND-57%
Blockchain Compliance Analyst3,880 TND-54%
Blockchain Consultant4,150 TND-51%
Blockchain Trade Facilitator3,590 TND-58%
Budget Analyst4,480 TND-47%
Capital Risk Manager7,920 TND-7%
Cards Marketing Manager5,580 TND-34%
Cash Management Manager7,630 TND-10%
Check Processing Manager5,760 TND-32%
Chief Blockchain Officer4,690 TND-45%
Commercial Vault Associate4,170 TND-51%
Corporate Banker3,150 TND-63%
Corporate Dealer4,610 TND-46%
Credit Analyst3,320 TND-61%
Credit and Collections Manager5,880 TND-31%
Credit Card Fraud Investigator4,600 TND-46%
Credit Portfolio Manager8,470 TND-0%
Credit Risk Analyst4,970 TND-41%
Credit Risk Associate4,560 TND-46%
Cryptocurrency Accountant2,660 TND-69%
Cryptocurrency Adviser5,270 TND-38%
Cryptocurrency Analyst4,030 TND-53%
Cryptocurrency Compliance Manager5,100 TND-40%
Cryptocurrency Trader4,660 TND-45%
Digital Banking Manager5,870 TND-31%
Digital Currency Analyst4,300 TND-49%
Direct Bank Sales Representative3,210 TND-62%
Exchange Control Consultant4,600 TND-46%
Executive Account Analyst4,360 TND-49%
Financial Bank Planning Consultant5,470 TND-36%
Financial Banking Analysis Manager6,290 TND-26%
Financial Banking Assistant2,080 TND-76%
Financial Banking Systems Manager6,060 TND-29%
Foreign Exchange Manager6,610 TND-22%
Fraud Analyst4,450 TND-48%
Fraud Detection Associate3,020 TND-64%
Fraud Detection Manager6,770 TND-20%
Fraud Detection Supervisor3,730 TND-56%
Internal Bank Audit Manager8,090 TND-5%
Internal Bank Auditor4,390 TND-48%
Internal Private Banker3,150 TND-63%
International Banking Manager8,550 TND+1%
Investment Banking Analyst6,550 TND-23%
Loan Analyst4,390 TND-48%
Loan Area Manager5,290 TND-38%
Loan Audit Team Leader4,950 TND-42%
Loan Branch Manager5,000 TND-41%
Loan Business Development Officer2,750 TND-68%
Loan Clerk1,480 TND-83%
Loan Collection and Recovery Manager5,230 TND-38%
Loan Collection Manager5,120 TND-40%
Loan Collector1,450 TND-83%
Loan Examiner1,980 TND-77%
Loan Officer1,660 TND-80%
Loan Processing Manager4,500 TND-47%
Loan Processor1,920 TND-77%
Loan Quality Assurance Auditor4,410 TND-48%
Loan Quality Assurance Manager5,000 TND-41%
Loan Quality Assurance Representative3,400 TND-60%
Loan Review Manager4,730 TND-44%
Loan Team Leader4,320 TND-49%
Loans Manager5,940 TND-30%
Mortgage Advisor3,030 TND-64%
Mortgage Collection Manager5,210 TND-39%
Mortgage Collector1,480 TND-83%
Mortgage Credit Analyst2,220 TND-74%
Mortgage Credit Manager4,770 TND-44%
Mortgage Development Manager5,580 TND-34%
Mortgage Document Reviewer1,940 TND-77%
Mortgage Funding Manager5,870 TND-31%
Mortgage Operations Manager7,850 TND-8%
Mortgage Payment Processing Clerk1,600 TND-81%
Mortgage Processing Manager4,790 TND-44%
Mortgage Processor1,920 TND-77%
Mortgage Quality Assurance Auditor4,220 TND-50%
Mortgage Quality Assurance Manager4,930 TND-42%
Mortgage Servicing Clerk1,520 TND-82%
Mortgage Servicing Manager4,910 TND-42%
Mortgage Underwriter1,880 TND-78%
Online Banking Manager7,420 TND-13%
Open Banking Strategist4,510 TND-47%
Payment Processing Clerk1,540 TND-82%
Personal Banker3,150 TND-63%
Personal Banking Advisor 3,340 TND-61%
Phone Banker2,130 TND-75%
Private Banker3,210 TND-62%
Reconciliation and Investigation Specialist3,640 TND-57%
Tax Officer2,670 TND-69%
Teller1,460 TND-83%
Trade Officer1,710 TND-80%
Trade Product Manager5,010 TND-41%
Trader2,140 TND-75%
Treasury Operations Officer3,780 TND-55%
Wealth Management Advisor6,610 TND-22%

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 Tunisia is 13% on average across all career fields.

Private Sector
3,690 TND
Public Sector+13%
4,190 TND
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 Bank Operations Head in Tunisia?

A good and competitive compensation would range anywhere between 7,730 TND and 8,770 TND. 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 Bank Operations Head in Tunisia ranges from 4,420 TND to 6,410 TND. 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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