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Risk and Capital Manager Average Salary in Tunisia 2024

How much money does a person working as Risk and Capital Manager make in Tunisia?


Average Monthly Salary
6,730 TND
( 80,800 TND yearly)

LOW
3,370
TND
AVERAGE
6,730
TND
HIGH
10,400
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 Risk and Capital Manager in Tunisia typically earns around 6,730 TND. Salaries range from 3,370 TND (lowest) to 10,400 TND (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Risk and Capital Manager salaries in Tunisia 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 Pay Scale and Salaries in Tunisia

Median and salary distribution Tunisia Risk and Capital Manager monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
6,190 TND or more
10% of people earn
5,490 to 6,190 TND
20% of people earn
3,930 TND or less
65% of people earn
3,930 to 5,490 TND
Minimum Salary
3,370 TND
Median
6,230 TND
Maximum
10,400 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 Risk and Capital Manager in Tunisia range from 3,370 TND (starting salary) to 10,400 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 6,230 TND, half of the professionals who work as Risk and Capital Manager 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 Risk and Capital Manager in Tunisia earn less than 5,120 TND, while 75% earn more. Similarly, the chart shows that 75% earn less than 7,100 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 Risk and Capital Manager in Tunisia compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 3,930 TND to 5,490 TND. About 20% of salaries are below the 3,930 TND mark, while 10% fall within the range of 5,490 TND to 6,190 TND. Only 5% of individuals have salaries exceeding 6,190 TND.

Salary Comparison by Years of Experience / Risk and Capital Manager / Tunisia

How do experience and age affect pay?

0 - 2 Years
4,040 TND
2 - 5 Years+32%
5,350 TND
5 - 10 Years+34%
7,150 TND
10 - 15 Years+19%
8,530 TND
15 - 20 Years+8%
9,200 TND
20+ Years+7%
9,870 TND
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Tunisia Risk and Capital Manager
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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 Risk and Capital Manager 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 4,040 TND.

While someone with an experience level between two and five years is expected to earn 5,350 TND, 32% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 7,150 TND, 34% 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 8,530 TND, 19% 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 9,200 TND, 8% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 9,870 TND, 7% 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 / Risk and Capital Manager / Tunisia

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Risk and Capital Manager.

High School
5,060 TND
Certificate or Diploma+14%
5,770 TND
Bachelor's Degree+36%
7,820 TND
Master's Degree+26%
9,870 TND
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Tunisia Risk and Capital Manager
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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 Risk and Capital Manager in order to make a comparison.


Level 1: High School

Employees at this education level have an average salary of 5,060 TND.


Level 2: Certificate or Diploma

At this level, the average salary becomes 5,770 TND, 14% more than the previous level.


Level 3: Bachelor's Degree

At this level, the average salary becomes 7,820 TND, 36% more than the previous level.


Level 4: Master's Degree

At this level, the average salary becomes 9,870 TND, 26% 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 / Risk and Capital Manager / Tunisia

Salary comparison by gender Tunisia Risk and Capital Manager 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 Risk and Capital Manager in Tunisia, the average difference between the salary of male and female employees is 6%.

Male
6,920 TND
Female-6%
6,500 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 / Risk and Capital Manager / Tunisia

How much are annual salary increments in Tunisia for individuals working as Risk and Capital Manager? How often do employees get salary raises?

Individuals working as Risk and Capital Manager in Tunisia are likely to observe a salary increase of approximately 13% every 18 months. The national average annual increment for all professions combined is 8% granted to employees every 19 months.

Annual Salary Increment Rate Tunisia Risk and Capital Manager
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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 / Risk and Capital Manager / Tunisia

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Tunisia Risk and Capital Manager
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22% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 78% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 5% to 8% of their annual salary.

Received Bonus
78%
No Bonus
22%

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 / Risk and Capital Manager / Tunisia


39 TND per hour

The average hourly wage (pay per hour) for individuals working as Risk and Capital Manager in Tunisia is 39 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 Risk and Capital Manager in Tunisia is 19 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
Executive and Management-100%
Account Coordinator3,860 TND-43%
Account Director4,370 TND-35%
Account Executive4,550 TND-32%
Account Manager4,480 TND-33%
Administration Manager4,550 TND-32%
Administration Officer2,470 TND-63%
Administration Supervisor3,560 TND-47%
Administrative Clerk1,780 TND-74%
Administrative Officer1,750 TND-74%
Area Director4,330 TND-36%
Area Manager3,990 TND-41%
Asset Protection Associate4,660 TND-31%
Assistant Director4,370 TND-35%
Assistant General Manager4,660 TND-31%
Assistant Manager5,000 TND-26%
Assistant Managing Director5,560 TND-17%
Assistant Operations Manager5,090 TND-24%
Assistant Project Manager4,650 TND-31%
Assistant Section Head4,020 TND-40%
Assistant to CEO4,310 TND-36%
Assistant Vice President5,150 TND-23%
Associate Account Director4,510 TND-33%
Associate Director4,800 TND-29%
Bid Manager5,190 TND-23%
Branch Manager5,200 TND-23%
Business Development Manager5,690 TND-15%
Business Operations Associate4,470 TND-34%
Business Operations Lead4,700 TND-30%
Campaign Manager5,250 TND-22%
Catering Coordinator2,740 TND-59%
Catering Manager4,510 TND-33%
CEO8,550 TND+27%
Chairman of The Board8,840 TND+31%
Chairman Office Manager5,920 TND-12%
Chief Commercial Officer6,310 TND-6%
Chief Corporate Officer7,320 TND+9%
Chief Digital Officer5,990 TND-11%
Chief Digital Strategy Officer6,230 TND-7%
Chief Digital Transformation Officer5,940 TND-12%
Chief Ethics Officer5,620 TND-17%
Chief Executive Officer9,270 TND+38%
Chief Financial Officer8,030 TND+19%
Chief Investment Officer6,450 TND-4%
Chief of Staff4,330 TND-36%
Chief Operating Officer6,410 TND-5%
Chief Privacy Officer5,470 TND-19%
Chief Resilience Officer6,800 TND+1%
Chief Risk Officer5,860 TND-13%
Chief Strategy Officer7,310 TND+9%
Chief Trust and Safety Officer5,810 TND-14%
Client Account Manager5,240 TND-22%
Client Accounts Officer4,500 TND-33%
Client Services Manager5,860 TND-13%
Commercial Director6,280 TND-7%
Commercial Manager5,270 TND-22%
Commercial Project Manager4,750 TND-29%
Commodity Broker3,860 TND-43%
COO6,550 TND-3%
Corporate Affairs Executive5,510 TND-18%
Corporate Compliance Director5,680 TND-16%
Corporate Director6,090 TND-10%
Corporate Officer4,160 TND-38%
Corporate Partnerships Officer4,130 TND-39%
Country Manager7,070 TND+5%
Department Head5,340 TND-21%
Department Manager5,450 TND-19%
Department Supervisor4,800 TND-29%
Deputy Director6,410 TND-5%
Deputy Manager6,080 TND-10%
Director6,650 TND-1%
Director of Accreditation6,130 TND-9%
Director of Catering Services5,080 TND-25%
Director of Client Services5,690 TND-15%
Director of Facilities Management4,750 TND-29%
Director of Operations6,130 TND-9%
Director of Process Simplification4,560 TND-32%
Director of Product Management5,770 TND-14%
Director of Project Management6,060 TND-10%
Director of Revenue Management5,670 TND-16%
Director of Training and Development5,810 TND-14%
Distribution Manager6,340 TND-6%
Division Manager5,410 TND-20%
Duty Manager5,200 TND-23%
Engagement Manager6,110 TND-9%
Executive Director8,410 TND+25%
Executive Manager7,230 TND+7%
Franchise Manager7,830 TND+16%
General Manager6,790 TND+1%
Generational Consultant4,560 TND-32%
Global Master Data Manager6,310 TND-6%
Global Technical Lead4,030 TND-40%
Head of Investment6,180 TND-8%
Head of Middle Office5,370 TND-20%
Head of Projects5,820 TND-14%
Head of Strategy6,820 TND+1%
Head of Supply Chain5,670 TND-16%
Head of Sustainability4,800 TND-29%
Housing Manager4,660 TND-31%
HSE Manager5,100 TND-24%
Innovation Manager5,250 TND-22%
Key Account Manager4,950 TND-26%
Knowledge Manager5,460 TND-19%
Location Manager5,430 TND-19%
Logistics Executive4,420 TND-34%
Logistics Manager4,790 TND-29%
Management Consultant4,700 TND-30%
Management Executive6,260 TND-7%
Manager6,180 TND-8%
Managing Director7,270 TND+8%
MIS Executive5,940 TND-12%
Ocean Services Manager6,440 TND-4%
Online Business Manager8,480 TND+26%
Operational Manager5,990 TND-11%
Operations Analyst5,200 TND-23%
Operations Assistant4,480 TND-33%
Operations Director6,770 TND+1%
Operations Executive6,180 TND-8%
Operations Manager6,370 TND-5%
Operations Supervisor5,610 TND-17%
Planning Director6,540 TND-3%
PMO Manager5,660 TND-16%
Policy Administration Executive4,850 TND-28%
Private Sector Executive5,140 TND-24%
Product Development Manager5,700 TND-15%
Product Executive5,090 TND-24%
Production Executive5,750 TND-15%
Production Manager5,990 TND-11%
Production Supervisor5,150 TND-23%
Program Director5,940 TND-12%
Program Manager6,440 TND-4%
Programme Coordinator4,170 TND-38%
Project Control Manager5,940 TND-12%
Project Coordinator3,590 TND-47%
Project Management Officer4,210 TND-37%
Project Manager4,370 TND-35%
Project Portfolio Manager4,850 TND-28%
Quality Manager4,800 TND-29%
R/D Director5,400 TND-20%
Regional Director8,330 TND+24%
Regional Manager6,140 TND-9%
Relationship Manager6,130 TND-9%
Retail District Manager4,380 TND-35%
Revenue Manager4,700 TND-30%
Risk and Capital Manager6,730 TND-0%
Risk Officer4,600 TND-32%
Safety Manager4,640 TND-31%
Section Head4,550 TND-32%
Service Manager4,660 TND-31%
Shift Supervisor3,660 TND-46%
Solutions Manager4,040 TND-40%
Supervisor3,520 TND-48%
Supply Chain Manager6,410 TND-5%
Surveyor4,160 TND-38%
Technical Director5,920 TND-12%
Technical Manager5,690 TND-15%
Territory Manager5,650 TND-16%
Validation Manager4,950 TND-26%
Vice President7,030 TND+4%
Zone Manager6,190 TND-8%

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 Risk and Capital Manager in Tunisia?

A good and competitive compensation would range anywhere between 6,230 TND and 7,100 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 Risk and Capital Manager in Tunisia ranges from 3,370 TND to 5,120 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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