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Average Salary in Ras Al Khaimah 2020

How much money does a person working in Ras Al Khaimah make?


Average Monthly Salary
14,600 AED
( 175,000 AED yearly)

LOW
1,970
AED
AVERAGE
14,600
AED
HIGH
64,600
AED

A person working in Ras Al Khaimah typically earns around 14,600 AED per month. Salaries range from 1,970 AED (lowest average) to 64,600 AED (highest average, actual maximum salary is higher).

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

Distribution of Salaries in Ras Al Khaimah

Median and salary distribution monthly Ras Al Khaimah
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The median, the maximum, the minimum, and the range

  • Salary Range

    Salaries in Ras Al Khaimah range from 1,970 AED per month (minimum salary) to 64,600 AED per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 14,000 AED per month, which means that half (50%) of the population are earning less than 14,000 AED while the other half are earning more than 14,000 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 the population are earning less than 7,190 AED while 75% of them are earning more than 7,190 AED. Also from the diagram, 75% of the population are earning less than 37,700 AED while 25% are earning more than 37,700 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

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 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 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.



Salary Comparison By Gender

Salary comparison by gender monthly United Arab Emirates
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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 United Arab Emirates earn 10% more than their female counterparts.

Female
14,400 AED
Male+10%
15,800 AED
Percentage increase and decrease are relative to the previous value

Average Annual Salary Increment Percentage in United Arab Emirates

How much are annual salary increments in United Arab Emirates? How often do employees get salary raises?

United Arab Emirates

Employees in United Arab Emirates are likely to observe a salary increase of approximately 8% every 17 months.

Annual Salary Increment Rate United Arab Emirates
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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.

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.


Average Salary Increase Rate by Experience Level

Junoir Level
3% - 5%
Mid-Career
6% - 9%
Senior Level
10% - 15%
Top Management
15% - 20%

The difference in increment rates is somehow justified because employers put more effort to retain more experienced staff since they are harder to acquire than less experienced ones.

Worldwide Salary Raises: All Countries and All Jobs

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Bonus and Incentive Rates in United Arab Emirates

How much and how often are bonuses being awarded?Annual Salary Bonus Rate United Arab Emirates
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50% of surveyed staff in United Arab Emirates reported that they haven't received any bonuses or incentives in the previous year while 50% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 5% of their annual salary.

Received Bonus
50%
No Bonus
50%

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.


Bonus Rates Comparison by Career Field

Finance
High
Architecture
High
Sales
High
Business Development
High
Marketing / Advertising
High
Information Technology
Moderate
Healthcare
Moderate
Insurance
Moderate
Customer Service
Moderate
Human Resources
Moderate
Construction
Low
Transport
Low
Hospitality
Low

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 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

Salary Trend and Forecast in United Arab Emirates

How are United Arab Emirates salaries changing over time? The chart below shows the average salary change in the past few years.

Salary trends and forecast monthly United Arab Emirates
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Average Salary 2016
13,800 AED
Average Salary 2017+4%
14,300 AED
Average Salary 2018+2%
14,500 AED
Average Salary 2019+2%
14,900 AED
Percentage increase and decrease are relative to the previous value

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.

Salaries for popular jobs

Job TitleAverage Salary
Accounting and Finance
Accountant9,700 AED
Accounting Assistant9,660 AED
Accounting Manager18,800 AED
Bookkeeper8,010 AED
Chartered Accountant13,100 AED
Corporate Treasurer25,700 AED
Financial Analyst14,800 AED
Financial Manager28,700 AED
Internal Auditor14,600 AED

Administration / Reception / Secretarial
Administrative Assistant7,510 AED
Office Manager10,100 AED
Receptionist10,200 AED
Secretary8,160 AED

Advertising / Grapic Design / Events
Art Director14,800 AED
Creative Director14,300 AED
Graphic Designer10,400 AED
Photographer9,840 AED

Airlines / Aviation / Aerospace / Defense
Aerospace Engineer15,800 AED
Air Traffic Controller15,200 AED
Flight Attendant12,900 AED
Pilot17,200 AED

Architecture
Architect13,000 AED
CAD Drafter11,200 AED

Automotive
Mechanic8,030 AED
Service Advisor11,700 AED

Banking
Bank Branch Manager20,100 AED
Teller9,940 AED

Bilingual
Teacher11,200 AED
Translator13,100 AED

Business Planning
Business Analyst16,900 AED
Business Development Manager21,200 AED
Project Manager16,600 AED

Care Giving and Child Care
Nanny9,310 AED
Nursery Teacher10,100 AED

Construction / Building / Installation
Civil Engineer13,100 AED
Construction Project Manager16,900 AED
Health and Safety Officer9,030 AED

Customer Service and Call Center
Call Center Representative10,500 AED
Customer Service Manager20,000 AED
Customer Service Representative9,980 AED

Engineering
Electrical Engineer14,200 AED
Engineer12,700 AED
Mechanical Engineer13,600 AED

Executive and Management
Chief Executive Officer34,400 AED
Chief Financial Officer30,100 AED
General Manager26,700 AED

Food / Hospitality / Tourism / Catering
Chef12,100 AED
Executive Chef12,600 AED
Hotel Manager21,900 AED
Travel Agent11,600 AED
Waiter / Waitress8,860 AED

Health and Medical
Dentist36,100 AED
Dietitian34,300 AED
Laboratory Technician10,500 AED
Nurse11,400 AED

Human Resources
Human Resources Manager20,700 AED
Human Resources Officer11,500 AED

Information Technology
Computer Technician10,800 AED
Database Administrator14,100 AED
Developer / Programmer12,600 AED
Information Technology Manager20,200 AED
Network Engineer12,400 AED

Law Enforcement / Security / Fire
Police Officer11,300 AED

Legal
Attorney20,600 AED
Legal Assistant10,500 AED

Media / Broadcasting / Arts / Entertainment
Journalist14,500 AED

Pharmaceutical and Biotechnology
Biomedical Engineer11,900 AED
Pharmacist16,700 AED

Sales Retail and Wholesale
Cashier8,440 AED
Sales Manager22,600 AED
Sales Representative9,730 AED

Teaching / Education
Elementary School Teacher10,500 AED
Secondary School Teacher11,500 AED

Average Hourly Wage in Ras Al Khaimah


84 AED per hour

The average hourly wage (pay per hour) in Ras Al Khaimah is 84 AED. This means that the average person in Ras Al Khaimah earns approximately 84 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.

Ras Al Khaimah VS United Arab Emirates

Salary Comparison Between Ras Al Khaimah and United Arab Emirates monthly
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We compared salaries in Ras Al Khaimah and United Arab Emirates and we found that Ras Al Khaimah salaries are 4% less than those of United Arab Emirates.

Salary Comparison By City

CityAverage Salary
Abu Dhabi16,300 AED
Ajman15,000 AED
Al Ain15,400 AED
Dubai16,800 AED
Fujairah14,100 AED
Ras Al Khaimah14,600 AED
Sharjah15,900 AED
Um Al Quiwain13,700 AED
12905 - 62

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