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Bank Branch Manager Average Salary in United Arab Emirates 2020

How much money does a Bank Branch Manager make in United Arab Emirates?


Average Monthly Salary
21,600 AED
( 259,000 AED yearly)

LOW
10,400
AED
AVERAGE
21,600
AED
HIGH
33,900
AED

A person working as a Bank Branch Manager in United Arab Emirates typically earns around 21,600 AED per month. Salaries range from 10,400 AED (lowest) to 33,900 AED (highest).

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

Bank Branch Manager Salary Distribution in United Arab Emirates

Median and salary distribution monthly United Arab Emirates Bank Branch Manager
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The median, the maximum, the minimum, and the range

  • Salary Range

    Bank Branch Manager salaries in United Arab Emirates range from 10,400 AED per month (minimum salary) to 33,900 AED per month (maximum salary).

  • Median Salary

    The median salary is 22,500 AED per month, which means that half (50%) of people working as Bank Branch Manager(s) are earning less than 22,500 AED while the other half are earning more than 22,500 AED. 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 Bank Branch Manager(s) are earning less than 14,800 AED while 75% of them are earning more than 14,800 AED. Also from the diagram, 75% of Bank Branch Manager(s) are earning less than 29,300 AED while 25% are earning more than 29,300 AED.


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

Bank Branch Manager Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly United Arab Emirates Bank Branch 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 your wage. We broke down Bank Branch Manager salaries by experience level and this is what we found.

A Bank Branch Manager with less than two years of experience makes approximately 12,100 AED per month.

While someone with an experience level between two and five years is expected to earn 17,200 AED per month, 42% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 22,600 AED per month, 31% more than someone with two to five 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.

Additionally, Bank Branch Manager(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 27,800 AED per month, 23% 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 29,600 AED per month, 6% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 32,400 AED per month, 10% more than people with fifteen to twenty years of experience.


Bank Branch Manager average salary change by experience in United Arab Emirates

0 - 2 Years
12,100 AED
2 - 5 Years+42%
17,200 AED
5 - 10 Years+31%
22,600 AED
10 - 15 Years+23%
27,800 AED
15 - 20 Years+6%
29,600 AED
20+ Years+10%
32,400 AED
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Bank Branch Manager Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Bank Branch Manager(s) who have the same experience but different education levels.

Salary comparison by education level monthly United Arab Emirates Bank Branch 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 Bank Branch Manager salaries by education level in order to make a comparison.

When the education level is Bachelor's Degree, the average salary of a Bank Branch Manager is 19,100 AED per month.

While someone with a Master's Degree gets a salary of 27,300 AED per month, 43% more than someone having a Bachelor's Degree degree.


Bank Branch Manager average salary difference by education level in United Arab Emirates

Bachelor's Degree
19,100 AED
Master's Degree+43%
27,300 AED
Percentage increase and decrease are relative to the previous value

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 United Arab Emirates costs anywhere from 76,300 UAE Dirham(s) to 229,000 UAE Dirham(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

Salary Comparison By Education Level
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Bank Branch Manager Salary Comparison By Gender

Salary comparison by gender monthly United Arab Emirates Bank Branch Manager
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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 Bank Branch Manager employees in United Arab Emirates earn 7% more than their female counterparts.

Female
21,100 AED
Male+7%
22,500 AED
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in United Arab Emirates for all Careers

Salary comparison by gender monthly United Arab Emirates
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Bank Branch Manager Average Annual Salary Increment Percentage in United Arab Emirates

How much are annual salary increments in United Arab Emirates for Bank Branch Manager(s)? How often do employees get salary raises?

Bank Branch Manager

Bank Branch Manager(s) in United Arab Emirates are likely to observe a salary increase of approximately 12% every 17 months. The national average annual increment for all professions combined is 8% granted to employees every 17 months.

Annual Salary Increment Rate United Arab Emirates Bank Branch 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.

United Arab Emirates / All Professions

Annual Salary Increment Rate United Arab Emirates
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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 United Arab Emirates is 6%.

Annual Increment Rate By Industry 2019

Banking
2%
Energy
4%
Information Technology
6%
Healthcare
8%
Travel
1%
Construction
3%
Education
5%

Listed above are the average annual increase rates for each industry in United Arab Emirates for the year 2019. 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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Bank Branch Manager Bonus and Incentive Rates in United Arab Emirates

How much and how often are bonuses being awarded?Annual Salary Bonus Rate United Arab Emirates Bank Branch Manager
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A Bank Branch Manager 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.

17% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 83% 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
83%
No Bonus
17%

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.

Government vs Private Sector Salary Comparison

Public vs private sector salaries monthly United Arab Emirates
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Where can you get paid more, working for a private company or for the government? Public sector Bank Branch Manager employees in United Arab Emirates earn 6% more than their private sector counterparts.

Private Sector
14,700 AED
Public Sector+6%
15,700 AED
Percentage increase and decrease are relative to the previous value

Bank Branch Manager Salary Trend and Forecast in United Arab Emirates

How are Bank Branch Manager salaries changing over time? Listed below is a chart that shows the average salary in recent years.

Salary trends and forecast monthly United Arab Emirates Bank Branch Manager
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Average Salary 2016
19,300 AED
Average Salary 2017+4%
20,100 AED
Average Salary 2018+3%
20,700 AED
Average Salary 2019+2%
21,200 AED
Percentage increase and decrease are relative to the previous value

Bank Branch Manager salaries in United Arab Emirates are on the rise in the year 2020 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 2% higher than those of 2018. The trend suggests a slow yet continuous increase in pay in 2021 and future years. These numbers may vary from industry to another.

Bank Branch Manager Average Hourly Wage in United Arab Emirates


120 AED per hour

The average hourly wage (pay per hour) in United Arab Emirates is 120 AED. This means that the average Bank Branch Manager in United Arab Emirates earns approximately 120 AED 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.

Bank Branch Manager VS Other Jobs

Salary Comparison Between Bank Branch Manager and Banking monthly United Arab Emirates
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The average salary for Bank Branch Manager is 25% more than that of Banking. Also, Banking salaries are 13% more than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
AML Analyst21,300 AED-1%
Assistant Bank Branch Manager19,300 AED-11%
Assistant Bank Manager22,900 AED+6%
ATM Manager19,900 AED-8%
ATM Service Technician10,800 AED-50%
Bank Accounts Analyst14,500 AED-33%
Bank Accounts Controller15,000 AED-31%
Bank Accounts Executive16,800 AED-22%
Bank Accounts Manager18,400 AED-15%
Bank Auditing Manager18,900 AED-13%
Bank Branch Manager21,600 AED-0%
Bank Clerk10,500 AED-51%
Bank Compliance Specialist15,300 AED-29%
Bank Manager33,100 AED+53%
Bank Operational Risk Manager24,000 AED+11%
Bank Operations Head25,100 AED+16%
Bank Operations Officer14,300 AED-34%
Bank Operations Specialist21,000 AED-3%
Bank Process Manager16,900 AED-22%
Bank Product Manager 16,900 AED-22%
Bank Programme Manager20,500 AED-5%
Bank Project Manager21,500 AED-0%
Bank Propositions Manager20,400 AED-6%
Bank Quantitative Analyst16,100 AED-25%
Bank Regional Manager23,800 AED+10%
Bank Regional Risk Officer15,900 AED-26%
Bank Relationship Manager20,100 AED-7%
Bank Relationship Officer14,700 AED-32%
Banker14,700 AED-32%
Banking Business Analyst17,200 AED-20%
Banking Business Development Officer14,300 AED-34%
Banking Business Planning Executive22,000 AED+2%
Banking Product Manager20,300 AED-6%
Banking Reference Data Manager17,700 AED-18%
Banking Risk Analyst16,500 AED-24%
Banking Technical Analyst14,200 AED-34%
Bankruptcy Coordinator17,500 AED-19%
Budget Analyst17,100 AED-21%
Cards Marketing Manager20,700 AED-4%
Cash Management Manager23,000 AED+6%
Check Processing Manager22,400 AED+4%
Commercial Vault Associate16,800 AED-22%
Corporate Dealer17,500 AED-19%
Credit Analyst19,400 AED-10%
Credit and Collections Manager21,400 AED-1%
Credit Card Fraud Investigator16,900 AED-22%
Credit Portfolio Manager24,400 AED+13%
Credit Risk Analyst21,500 AED-0%
Credit Risk Associate17,400 AED-19%
Direct Bank Sales Representative15,600 AED-28%
Financial Bank Planning Consultant19,100 AED-12%
Financial Banking Analysis Manager21,900 AED+1%
Financial Banking Assistant13,900 AED-36%
Financial Banking Systems Manager20,200 AED-6%
Foreign Exchange Manager21,500 AED-0%
Fraud Analyst17,600 AED-19%
Fraud Detection Associate16,500 AED-24%
Fraud Detection Manager21,800 AED+1%
Fraud Detection Supervisor17,200 AED-20%
Internal Bank Audit Manager23,100 AED+7%
Internal Bank Auditor15,700 AED-27%
International Banking Manager27,600 AED+28%
Loan Analyst17,000 AED-21%
Loan Area Manager18,600 AED-14%
Loan Audit Team Leader19,000 AED-12%
Loan Branch Manager19,300 AED-11%
Loan Business Development Officer16,800 AED-22%
Loan Clerk11,700 AED-46%
Loan Collection Manager18,800 AED-13%
Loan Collector9,870 AED-54%
Loan Examiner12,800 AED-41%
Loan Processing Manager16,200 AED-25%
Loan Processor15,500 AED-28%
Loan Quality Assurance Auditor16,400 AED-24%
Loan Quality Assurance Manager18,800 AED-13%
Loan Quality Assurance Representative15,400 AED-29%
Loan Review Manager17,800 AED-18%
Loan Team Leader16,500 AED-24%
Mortgage Advisor16,200 AED-25%
Mortgage Collection Manager18,600 AED-14%
Mortgage Collector13,100 AED-39%
Mortgage Credit Analyst14,100 AED-35%
Mortgage Credit Manager16,400 AED-24%
Mortgage Development Manager20,800 AED-4%
Mortgage Document Reviewer12,300 AED-43%
Mortgage Funding Manager20,200 AED-6%
Mortgage Operations Manager22,900 AED+6%
Mortgage Payment Processing Clerk12,300 AED-43%
Mortgage Processing Manager18,800 AED-13%
Mortgage Processor13,800 AED-36%
Mortgage Quality Assurance Auditor16,300 AED-25%
Mortgage Quality Assurance Manager17,500 AED-19%
Mortgage Servicing Clerk10,000 AED-54%
Mortgage Servicing Manager17,900 AED-17%
Mortgage Underwriter12,400 AED-43%
Online Banking Manager23,600 AED+9%
Payment Processing Clerk11,800 AED-45%
Personal Banker16,800 AED-22%
Personal Banking Advisor 16,800 AED-22%
Phone Banker14,700 AED-32%
Private Banker17,500 AED-19%
Reconciliation and Investigation Specialist16,000 AED-26%
Teller9,880 AED-54%
Trade Officer12,700 AED-41%
Trade Product Manager17,400 AED-19%
Trader14,200 AED-34%
Treasury Operations Officer15,600 AED-28%

Salary Comparison By City

CityAverage Salary
Abu Dhabi23,100 AED
Ajman20,900 AED
Al Ain21,800 AED
Dubai23,800 AED
Fujairah19,800 AED
Ras Al Khaimah20,100 AED
Sharjah22,300 AED
Um Al Quiwain18,900 AED
32433 - 3

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