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Banking Average Salaries in Tunisia 2023

How much money does a person working in Banking make in Tunisia?

Average Monthly Salary
4,250 TND
( 51,000 TND yearly)


A person working in Banking in Tunisia typically earns around 4,250 TND per month. Salaries range from 1,340 TND (lowest average) to 8,730 TND (highest average, actual maximum salary is higher).

This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Banking careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Salaries for specific jobs

Job TitleAverage Salary
AML Analyst5,990 TND
Assistant Bank Branch Manager5,330 TND
Assistant Bank Manager6,890 TND
ATM Manager5,940 TND
ATM Service Technician1,670 TND
Bank Accounts Analyst2,360 TND
Bank Accounts Controller3,090 TND
Bank Accounts Executive4,230 TND
Bank Accounts Manager5,010 TND
Bank Auditing Manager4,960 TND
Bank Branch Manager7,130 TND
Bank Clerk1,420 TND
Bank Compliance Specialist3,590 TND
Bank Manager8,650 TND
Bank Operational Risk Manager8,090 TND
Bank Operations Head8,490 TND
Bank Operations Officer3,390 TND
Bank Operations Specialist4,990 TND
Bank Process Manager4,500 TND
Bank Product Manager 5,510 TND
Bank Programme Manager5,820 TND
Bank Project Manager6,440 TND
Bank Propositions Manager6,120 TND
Bank Quantitative Analyst4,380 TND
Bank Regional Manager9,020 TND
Bank Regional Risk Officer4,310 TND
Bank Relationship Manager6,100 TND
Bank Relationship Officer2,850 TND
Banker2,850 TND
Banking Business Analyst4,460 TND
Banking Business Development Officer2,680 TND
Banking Business Planning Executive5,990 TND
Banking Product Manager5,300 TND
Banking Reference Data Manager4,850 TND
Banking Risk Analyst4,310 TND
Banking Technical Analyst2,320 TND
Bankruptcy Coordinator3,030 TND
Budget Analyst4,480 TND
Cards Marketing Manager5,580 TND
Cash Management Manager7,630 TND
Check Processing Manager5,760 TND
Commercial Vault Associate4,170 TND
Corporate Dealer4,610 TND
Credit Analyst3,320 TND
Credit and Collections Manager5,880 TND
Credit Card Fraud Investigator4,600 TND
Credit Portfolio Manager8,470 TND
Credit Risk Analyst4,970 TND
Credit Risk Associate4,560 TND
Direct Bank Sales Representative3,210 TND
Financial Bank Planning Consultant5,470 TND
Financial Banking Analysis Manager6,290 TND
Financial Banking Assistant2,080 TND
Financial Banking Systems Manager6,060 TND
Foreign Exchange Manager6,610 TND
Fraud Analyst4,450 TND
Fraud Detection Associate3,020 TND
Fraud Detection Manager6,770 TND
Fraud Detection Supervisor3,720 TND
Internal Bank Audit Manager8,090 TND
Internal Bank Auditor4,390 TND
International Banking Manager8,550 TND
Loan Analyst4,390 TND
Loan Area Manager5,290 TND
Loan Audit Team Leader4,950 TND
Loan Branch Manager5,000 TND
Loan Business Development Officer2,750 TND
Loan Clerk1,480 TND
Loan Collection Manager5,120 TND
Loan Collector1,450 TND
Loan Examiner1,980 TND
Loan Processing Manager4,500 TND
Loan Processor1,920 TND
Loan Quality Assurance Auditor4,410 TND
Loan Quality Assurance Manager5,000 TND
Loan Quality Assurance Representative3,400 TND
Loan Review Manager4,730 TND
Loan Team Leader4,320 TND
Mortgage Advisor3,030 TND
Mortgage Collection Manager5,210 TND
Mortgage Collector1,480 TND
Mortgage Credit Analyst2,220 TND
Mortgage Credit Manager4,770 TND
Mortgage Development Manager5,580 TND
Mortgage Document Reviewer1,940 TND
Mortgage Funding Manager5,870 TND
Mortgage Operations Manager7,850 TND
Mortgage Payment Processing Clerk1,600 TND
Mortgage Processing Manager4,790 TND
Mortgage Processor1,920 TND
Mortgage Quality Assurance Auditor4,220 TND
Mortgage Quality Assurance Manager4,930 TND
Mortgage Servicing Clerk1,510 TND
Mortgage Servicing Manager4,910 TND
Mortgage Underwriter1,880 TND
Online Banking Manager7,420 TND
Payment Processing Clerk1,540 TND
Personal Banker3,150 TND
Personal Banking Advisor 3,340 TND
Phone Banker2,130 TND
Private Banker3,210 TND
Reconciliation and Investigation Specialist3,640 TND
Teller1,460 TND
Trade Officer1,710 TND
Trade Product Manager5,010 TND
Trader2,140 TND
Treasury Operations Officer3,780 TND

Banking Jobs Salary Distribution in Tunisia

Median and salary distribution monthly Tunisia Banking
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The median, the maximum, the minimum, and the range

  • Salary Range

    Banking salaries in Tunisia range from 1,340 TND per month (minimum average salary) to 8,730 TND per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 4,420 TND per month, which means that half (50%) of people working in Banking are earning less than 4,420 TND while the other half are earning more than 4,420 TND. 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 people working in Banking are earning less than 2,590 TND while 75% of them are earning more than 2,590 TND. Also from the diagram, 75% of people working in Banking are earning less than 6,840 TND while 25% are earning more than 6,840 TND.

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

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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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.

Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.

Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.

As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.

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.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.

Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.

Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma.

Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.

Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.

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 Tunisian Dinar(s) to 58,700 Tunisian Dinar(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 this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.

Banking Salary Comparison By Gender

Salary comparison by gender monthly Tunisia Banking
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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? Male employees in Tunisia who work in Banking earn 9% more than their female counterparts on average.

4,490 TND
4,140 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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Banking Average Annual Salary Increment Percentage in Tunisia

How much are annual salary increments in Tunisia for Banking professionals? How often do employees get salary raises?


Banking professionals in Tunisia are likely to observe a salary increase of approximately 10% every 17 months. The national average annual increment for all professions combined is 8% granted to employees every 19 months.

Annual Salary Increment Rate Tunisia Banking
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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

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

The average salary increase in one year (12 months) in Tunisia is 5%.

Annual Increment Rate By Industry 2022

Information Technology

Listed above are the average annual increase rates for each industry in Tunisia 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

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Banking Bonus and Incentive Rates in Tunisia

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Tunisia Banking
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Banking is considered to be a high bonus-based field 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.

24% of surveyed staff in Banking 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 5% to 9% of their annual salary.

Received Bonus
No Bonus

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.

A graphics designer working for a graphics designing company.

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.

Banking Hourly Average Wage in Tunisia

25 TND per hour

The average hourly wage (pay per hour) in Tunisia is 25 TND. This means that the average person in Tunisia earns approximately 25 TND for every worked hour.

Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

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.

Banking VS Other Jobs

Salary Comparison Between Banking and Banking monthly Tunisia
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The average salary for Banking is 9% more than that of All Jobs.

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 Tunisia earn 13% more than their private sector counterparts on average across all sectors.

Private Sector
3,680 TND
Public Sector+13%
4,170 TND
Percentage increase and decrease are relative to the previous value

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