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Internal Bank Auditor Average Salary in Algeria 2024

How much money does a person working as Internal Bank Auditor make in Algeria?


Average Monthly Salary
204,000 DZD
( 2,450,000 DZD yearly)

LOW
106,000
DZD
AVERAGE
204,000
DZD
HIGH
312,000
DZD
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 Internal Bank Auditor in Algeria typically earns around 204,000 DZD. Salaries range from 106,000 DZD (lowest) to 312,000 DZD (highest).


Salary Variance

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



Internal Bank Auditor Pay Scale and Salaries in Algeria

Median and salary distribution Algeria Internal Bank Auditor monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
185,000 DZD or more
10% of people earn
165,000 to 185,000 DZD
20% of people earn
120,000 DZD or less
65% of people earn
120,000 to 165,000 DZD
Minimum Salary
106,000 DZD
Median
185,000 DZD
Maximum
312,000 DZD




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 Internal Bank Auditor in Algeria range from 106,000 DZD (starting salary) to 312,000 DZD (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 185,000 DZD, half of the professionals who work as Internal Bank Auditor in Algeria 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 Internal Bank Auditor in Algeria earn less than 154,000 DZD, while 75% earn more. Similarly, the chart shows that 75% earn less than 210,000 DZD 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 Internal Bank Auditor in Algeria compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 120,000 DZD to 165,000 DZD. About 20% of salaries are below the 120,000 DZD mark, while 10% fall within the range of 165,000 DZD to 185,000 DZD. Only 5% of individuals have salaries exceeding 185,000 DZD.

Salary Comparison by Years of Experience / Internal Bank Auditor / Algeria

How do experience and age affect pay?

0 - 2 Years
120,000 DZD
2 - 5 Years+34%
162,000 DZD
5 - 10 Years+30%
210,000 DZD
10 - 15 Years+21%
254,000 DZD
15 - 20 Years+9%
278,000 DZD
20+ Years+5%
293,000 DZD
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Algeria Internal Bank Auditor
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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 Internal Bank Auditor 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 120,000 DZD.

While someone with an experience level between two and five years is expected to earn 162,000 DZD, 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 210,000 DZD, 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 254,000 DZD, 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 278,000 DZD, 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 293,000 DZD, 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 / Internal Bank Auditor / Algeria

How do education levels affect salaries?

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

Bachelor's Degree
170,000 DZD
Master's Degree+39%
236,000 DZD
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Algeria Internal Bank Auditor
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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 Internal Bank Auditor in order to make a comparison.


Level 1: Bachelor's Degree

Employees at this education level have an average salary of 170,000 DZD.


Level 2: Master's Degree

At this level, the average salary becomes 236,000 DZD, 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 Algeria costs anywhere from 901,000 DZD to 2,700,000 DZD 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 / Internal Bank Auditor / Algeria

Salary comparison by gender Algeria Internal Bank Auditor 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 Internal Bank Auditor in Algeria, the average difference between the salary of male and female employees is 12%.

Male
219,000 DZD
Female-11%
195,000 DZD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Algeria for all Careers

Salary comparison by gender monthly Algeria
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Average Annual Salary Increment Percentage / Internal Bank Auditor / Algeria

How much are annual salary increments in Algeria for individuals working as Internal Bank Auditor? How often do employees get salary raises?

Individuals working as Internal Bank Auditor in Algeria are likely to observe a salary increase of approximately 9% every 27 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Algeria Internal Bank Auditor
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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.

Algeria / All Professions

Annual Salary Increment Rate Algeria
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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 Algeria is 2%.

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 / Internal Bank Auditor / Algeria

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Algeria Internal Bank Auditor
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39% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 61% 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
61%
No Bonus
39%

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 / Internal Bank Auditor / Algeria


1,180 DZD per hour

The average hourly wage (pay per hour) for individuals working as Internal Bank Auditor in Algeria is 1,180 DZD.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 Internal Bank Auditor in Algeria is 610 DZD. 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 Analyst292,000 DZD+43%
Assistant Bank Branch Manager257,000 DZD+26%
Assistant Bank Manager331,000 DZD+62%
ATM Manager280,000 DZD+37%
ATM Service Technician77,600 DZD-62%
Bank Accounts Analyst105,000 DZD-49%
Bank Accounts Collector63,800 DZD-69%
Bank Accounts Controller141,000 DZD-31%
Bank Accounts Executive210,000 DZD+3%
Bank Accounts Manager244,000 DZD+20%
Bank Auditing Manager251,000 DZD+23%
Bank Branch Manager349,000 DZD+71%
Bank Branch Operations Coordinator150,000 DZD-26%
Bank Clerk62,200 DZD-70%
Bank Client Service Associate87,900 DZD-57%
Bank Collector68,700 DZD-66%
Bank Compliance Specialist171,000 DZD-16%
Bank Manager402,000 DZD+97%
Bank Operational Risk Manager387,000 DZD+90%
Bank Operations Head408,000 DZD+100%
Bank Operations Officer151,000 DZD-26%
Bank Operations Specialist252,000 DZD+24%
Bank Process Manager215,000 DZD+5%
Bank Product Manager 260,000 DZD+27%
Bank Programme Manager280,000 DZD+37%
Bank Project Manager301,000 DZD+48%
Bank Propositions Manager283,000 DZD+39%
Bank Quantitative Analyst192,000 DZD-6%
Bank Regional Manager428,000 DZD+110%
Bank Regional Risk Officer202,000 DZD-1%
Bank Relationship Manager285,000 DZD+40%
Bank Relationship Officer137,000 DZD-33%
Bank Sustainability Analyst233,000 DZD+14%
Bank Teller67,100 DZD-67%
Banker141,000 DZD-31%
Banking Business Analyst208,000 DZD+2%
Banking Business Development Officer123,000 DZD-40%
Banking Business Planning Executive291,000 DZD+43%
Banking Data Analyst240,000 DZD+18%
Banking Product Manager253,000 DZD+24%
Banking Reference Data Manager229,000 DZD+12%
Banking Regulatory Compliance Officer247,000 DZD+21%
Banking Risk Analyst199,000 DZD-2%
Banking Technical Analyst111,000 DZD-46%
Bankruptcy Coordinator151,000 DZD-26%
Bill and Account Collector70,600 DZD-65%
Blockchain Analyst172,000 DZD-16%
Blockchain Architect201,000 DZD-1%
Blockchain Auditor179,000 DZD-12%
Blockchain Compliance Analyst185,000 DZD-9%
Blockchain Consultant195,000 DZD-4%
Blockchain Trade Facilitator172,000 DZD-16%
Budget Analyst212,000 DZD+4%
Capital Risk Manager370,000 DZD+81%
Cards Marketing Manager248,000 DZD+22%
Cash Management Manager345,000 DZD+69%
Check Processing Manager256,000 DZD+26%
Chief Blockchain Officer219,000 DZD+7%
Commercial Vault Associate207,000 DZD+1%
Corporate Banker142,000 DZD-30%
Corporate Dealer213,000 DZD+4%
Credit Analyst155,000 DZD-24%
Credit and Collections Manager271,000 DZD+33%
Credit Card Fraud Investigator209,000 DZD+2%
Credit Portfolio Manager386,000 DZD+89%
Credit Risk Analyst239,000 DZD+17%
Credit Risk Associate214,000 DZD+5%
Cryptocurrency Accountant134,000 DZD-34%
Cryptocurrency Adviser262,000 DZD+28%
Cryptocurrency Analyst197,000 DZD-3%
Cryptocurrency Compliance Manager246,000 DZD+21%
Cryptocurrency Trader221,000 DZD+8%
Digital Banking Manager276,000 DZD+35%
Digital Currency Analyst206,000 DZD+1%
Direct Bank Sales Representative144,000 DZD-29%
Exchange Control Consultant225,000 DZD+10%
Executive Account Analyst198,000 DZD-3%
Financial Bank Planning Consultant256,000 DZD+26%
Financial Banking Analysis Manager301,000 DZD+48%
Financial Banking Assistant97,800 DZD-52%
Financial Banking Systems Manager281,000 DZD+38%
Foreign Exchange Manager301,000 DZD+48%
Fraud Analyst221,000 DZD+8%
Fraud Detection Associate150,000 DZD-26%
Fraud Detection Manager331,000 DZD+62%
Fraud Detection Supervisor182,000 DZD-11%
Internal Bank Audit Manager382,000 DZD+87%
Internal Bank Auditor204,000 DZD+0%
Internal Private Banker148,000 DZD-27%
International Banking Manager433,000 DZD+110%
Investment Banking Analyst293,000 DZD+44%
Loan Analyst199,000 DZD-2%
Loan Area Manager244,000 DZD+20%
Loan Audit Team Leader228,000 DZD+12%
Loan Branch Manager227,000 DZD+11%
Loan Business Development Officer123,000 DZD-40%
Loan Clerk72,100 DZD-65%
Loan Collection and Recovery Manager246,000 DZD+21%
Loan Collection Manager245,000 DZD+20%
Loan Collector67,300 DZD-67%
Loan Examiner90,100 DZD-56%
Loan Officer81,400 DZD-60%
Loan Processing Manager223,000 DZD+9%
Loan Processor93,700 DZD-54%
Loan Quality Assurance Auditor211,000 DZD+3%
Loan Quality Assurance Manager236,000 DZD+16%
Loan Quality Assurance Representative158,000 DZD-23%
Loan Review Manager239,000 DZD+17%
Loan Team Leader215,000 DZD+5%
Loans Manager264,000 DZD+29%
Mortgage Advisor148,000 DZD-27%
Mortgage Collection Manager251,000 DZD+23%
Mortgage Collector70,300 DZD-66%
Mortgage Credit Analyst104,000 DZD-49%
Mortgage Credit Manager219,000 DZD+7%
Mortgage Development Manager252,000 DZD+24%
Mortgage Document Reviewer86,200 DZD-58%
Mortgage Funding Manager257,000 DZD+26%
Mortgage Operations Manager351,000 DZD+72%
Mortgage Payment Processing Clerk77,600 DZD-62%
Mortgage Processing Manager228,000 DZD+12%
Mortgage Processor90,000 DZD-56%
Mortgage Quality Assurance Auditor202,000 DZD-1%
Mortgage Quality Assurance Manager232,000 DZD+14%
Mortgage Servicing Clerk69,800 DZD-66%
Mortgage Servicing Manager223,000 DZD+9%
Mortgage Underwriter87,000 DZD-57%
Online Banking Manager369,000 DZD+81%
Open Banking Strategist217,000 DZD+6%
Payment Processing Clerk75,600 DZD-63%
Personal Banker145,000 DZD-29%
Personal Banking Advisor 149,000 DZD-27%
Phone Banker101,000 DZD-50%
Private Banker155,000 DZD-24%
Reconciliation and Investigation Specialist168,000 DZD-18%
Tax Officer119,000 DZD-42%
Teller66,800 DZD-67%
Trade Officer83,200 DZD-59%
Trade Product Manager239,000 DZD+17%
Trader101,000 DZD-50%
Treasury Operations Officer174,000 DZD-15%
Wealth Management Advisor295,000 DZD+45%

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 Algeria is 21% on average across all career fields.

Private Sector
164,000 DZD
Public Sector+21%
198,000 DZD
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 Internal Bank Auditor in Algeria?

A good and competitive compensation would range anywhere between 185,000 DZD and 210,000 DZD. 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 Internal Bank Auditor in Algeria ranges from 106,000 DZD to 154,000 DZD. 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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