Internal Bank Audit Manager Average Salary in Al Ain 2024
How much money does a person working as Internal Bank Audit Manager make in Al Ain?
LOW
14,600
AED AVERAGE
29,300
AED HIGH
45,400
AED
A person working as Internal Bank Audit Manager in Al Ain typically earns around 29,300 AED. Salaries range from 14,600 AED (lowest) to 45,400 AED (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Internal Bank Audit Manager salaries in Al Ain vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Internal Bank Audit Manager Pay Scale and Salaries in Al Ain
Salary Structure and Pay Scale Comparison
26,900 AED or more
23,900 to 26,900 AED
17,100 AED or less
17,100 to 23,900 AED
 14,600 AED |
27,100 AED |
45,400 AED |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Internal Bank Audit Manager in Al Ain range from 14,600 AED (starting salary) to 45,400 AED (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 27,100 AED, half of the professionals who work as Internal Bank Audit Manager in Al Ain 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 Audit Manager in Al Ain earn less than 22,300 AED, while 75% earn more. Similarly, the chart shows that 75% earn less than 30,900 AED 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 Audit Manager in Al Ain compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 17,100 AED to 23,900 AED. About 20% of salaries are below the 17,100 AED mark, while 10% fall within the range of 23,900 AED to 26,900 AED. Only 5% of individuals have salaries exceeding 26,900 AED.
Salary Comparison by Years of Experience / Internal Bank Audit Manager / Al Ain
How do experience and age affect pay?
| 0 - 2 Years | 17,600 AED | |
| 2 - 5 Years | +32% | 23,200 AED |
| 5 - 10 Years | +34% | 31,100 AED |
| 10 - 15 Years | +19% | 37,100 AED |
| 15 - 20 Years | +8% | 40,000 AED |
| 20+ Years | +7% | 42,900 AED |
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 Audit Manager and this is what we found.
Employees with less than two years of experience earn approximately 17,600 AED.
While someone with an experience level between two and five years is expected to earn 23,200 AED, 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 31,100 AED, 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 37,100 AED, 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 40,000 AED, 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 42,900 AED, 7% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Internal Bank Audit Manager / Al Ain
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Internal Bank Audit Manager.
| Bachelor's Degree | 25,100 AED | |
| Master's Degree | +58% | 39,500 AED |
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 Audit Manager in order to make a comparison.
Level 1: Bachelor's Degree
Employees at this education level have an average salary of 25,100 AED.
Level 2: Master's Degree
At this level, the average salary becomes 39,500 AED, 58% 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 United Arab Emirates costs anywhere from 71,700 AED to 215,000 AED 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 and Compensation Comparison By Gender / Internal Bank Audit Manager / Al Ain
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 Audit Manager in United Arab Emirates, the average difference between the salary of male and female employees is 8%.
| Male | 32,800 AED | |
| Female | -8% | 30,300 AED |
Salary Comparison By Gender in United Arab Emirates for all Careers
Average Annual Salary Increment Percentage / Internal Bank Audit Manager / Al Ain
How much are annual salary increments in Al Ain for individuals working as Internal Bank Audit Manager? How often do employees get salary raises?
Individuals working as Internal Bank Audit Manager in United Arab Emirates are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 8% granted to employees every 17 months.
United Arab Emirates / All Professions
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
Worldwide Salary Raises: All Countries and All Jobs
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 Audit Manager / United Arab Emirates
How much and how often are bonuses being awarded?
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100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from % to % of their annual salary.
| Received Bonus | % | |
| No Bonus | 100% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese 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 Generators | Supporting 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: | Example: |
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.
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 Audit Manager / Al Ain
170 AED per hourThe average hourly wage (pay per hour) for individuals working as Internal Bank Audit Manager in Al Ain is 170 AED.This is the rate they get paid for every worked hour.
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 Audit Manager in Al Ain is 84 AED. 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 Title | Average Salary |
| Banking |  -100% | |
| AML Analyst | 23,300 AED | -20% |
| Assistant Bank Branch Manager | 19,600 AED | -33% |
| Assistant Bank Manager | 27,200 AED | -7% |
| ATM Manager | 21,100 AED | -28% |
| ATM Service Technician | 5,000 AED | -83% |
| Bank Accounts Analyst | 8,250 AED | -72% |
| Bank Accounts Collector | 4,160 AED | -86% |
| Bank Accounts Controller | 11,100 AED | -62% |
| Bank Accounts Executive | 15,900 AED | -46% |
| Bank Accounts Manager | 19,200 AED | -34% |
| Bank Auditing Manager | 19,700 AED | -33% |
| Bank Branch Manager | 26,500 AED | -9% |
| Bank Branch Operations Coordinator | 11,000 AED | -62% |
| Bank Clerk | 3,980 AED | -86% |
| Bank Client Service Associate | 6,170 AED | -79% |
| Bank Collector | 4,170 AED | -86% |
| Bank Compliance Specialist | 13,600 AED | -54% |
| Bank Manager | 31,700 AED |  +8% |
| Bank Operational Risk Manager | 30,700 AED | +5% |
| Bank Operations Head | 33,800 AED | +15% |
| Bank Operations Officer | 12,500 AED | -57% |
| Bank Operations Specialist | 19,800 AED | -32% |
| Bank Process Manager | 17,400 AED | -41% |
| Bank Product Manager | 19,500 AED | -33% |
| Bank Programme Manager | 21,500 AED | -27% |
| Bank Project Manager | 24,500 AED | -16% |
| Bank Propositions Manager | 23,200 AED | -21% |
| Bank Quantitative Analyst | 15,000 AED | -49% |
| Bank Regional Manager | 34,400 AED | +17% |
| Bank Regional Risk Officer | 16,700 AED | -43% |
| Bank Relationship Manager | 23,100 AED | -21% |
| Bank Relationship Officer | 10,400 AED | -64% |
| Bank Sustainability Analyst | 17,800 AED | -39% |
| Bank Teller | 4,640 AED | -84% |
| Banker | 10,300 AED | -65% |
| Banking Business Analyst | 16,600 AED | -43% |
| Banking Business Development Officer | 9,450 AED | -68% |
| Banking Business Planning Executive | 24,600 AED | -16% |
| Banking Data Analyst | 18,900 AED | -35% |
| Banking Product Manager | 19,600 AED | -33% |
| Banking Reference Data Manager | 17,000 AED | -42% |
| Banking Regulatory Compliance Officer | 19,900 AED | -32% |
| Banking Risk Analyst | 16,800 AED | -43% |
| Banking Technical Analyst | 8,190 AED | -72% |
| Bankruptcy Coordinator | 11,500 AED | -61% |
| Bill and Account Collector | 4,810 AED | -84% |
| Blockchain Analyst | 13,300 AED | -55% |
| Blockchain Architect | 16,100 AED | -45% |
| Blockchain Auditor | 14,500 AED | -50% |
| Blockchain Compliance Analyst | 14,000 AED | -52% |
| Blockchain Consultant | 15,200 AED | -48% |
| Blockchain Trade Facilitator | 13,500 AED | -54% |
| Budget Analyst | 16,400 AED | -44% |
| Capital Risk Manager | 30,400 AED | +4% |
| Cards Marketing Manager | 21,400 AED | -27% |
| Cash Management Manager | 29,700 AED | +1% |
| Check Processing Manager | 22,200 AED | -24% |
| Chief Blockchain Officer | 17,500 AED | -40% |
| Commercial Vault Associate | 16,400 AED | -44% |
| Corporate Banker | 11,400 AED | -61% |
| Corporate Dealer | 17,100 AED | -42% |
| Credit Analyst | 12,500 AED | -57% |
| Credit and Collections Manager | 23,400 AED | -20% |
| Credit Card Fraud Investigator | 16,400 AED | -44% |
| Credit Portfolio Manager | 32,900 AED | +12% |
| Credit Risk Analyst | 18,200 AED | -38% |
| Credit Risk Associate | 17,700 AED | -40% |
| Cryptocurrency Accountant | 9,900 AED | -66% |
| Cryptocurrency Adviser | 21,100 AED | -28% |
| Cryptocurrency Analyst | 14,400 AED | -51% |
| Cryptocurrency Compliance Manager | 18,700 AED | -36% |
| Cryptocurrency Trader | 17,100 AED | -42% |
| Digital Banking Manager | 22,000 AED | -25% |
| Digital Currency Analyst | 16,400 AED | -44% |
| Direct Bank Sales Representative | 11,100 AED | -62% |
| Exchange Control Consultant | 16,600 AED | -43% |
| Executive Account Analyst | 15,500 AED | -47% |
| Financial Bank Planning Consultant | 21,600 AED | -26% |
| Financial Banking Analysis Manager | 23,500 AED | -20% |
| Financial Banking Assistant | 6,920 AED | -76% |
| Financial Banking Systems Manager | 23,000 AED | -21% |
| Foreign Exchange Manager | 25,300 AED | -14% |
| Fraud Analyst | 16,800 AED | -43% |
| Fraud Detection Associate | 11,000 AED | -62% |
| Fraud Detection Manager | 25,100 AED | -14% |
| Fraud Detection Supervisor | 14,000 AED | -52% |
| Internal Bank Audit Manager | 29,300 AED | +0% |
| Internal Bank Auditor | 15,400 AED | -47% |
| Internal Private Banker | 11,200 AED | -62% |
| International Banking Manager | 35,000 AED | +20% |
| Investment Banking Analyst | 24,100 AED | -18% |
| Loan Analyst | 15,600 AED | -47% |
| Loan Area Manager | 20,900 AED | -29% |
| Loan Audit Team Leader | 19,500 AED | -33% |
| Loan Branch Manager | 18,000 AED | -39% |
| Loan Business Development Officer | 9,320 AED | -68% |
| Loan Clerk | 5,000 AED | -83% |
| Loan Collection and Recovery Manager | 19,500 AED | -33% |
| Loan Collection Manager | 18,900 AED | -35% |
| Loan Collector | 4,440 AED | -85% |
| Loan Examiner | 6,560 AED | -78% |
| Loan Officer | 5,150 AED | -82% |
| Loan Processing Manager | 17,100 AED | -42% |
| Loan Processor | 6,520 AED | -78% |
| Loan Quality Assurance Auditor | 16,900 AED | -42% |
| Loan Quality Assurance Manager | 17,600 AED | -40% |
| Loan Quality Assurance Representative | 11,600 AED | -60% |
| Loan Review Manager | 18,700 AED | -36% |
| Loan Team Leader | 17,100 AED | -42% |
| Loans Manager | 22,900 AED | -22% |
| Mortgage Advisor | 10,500 AED | -64% |
| Mortgage Collection Manager | 19,200 AED | -34% |
| Mortgage Collector | 4,470 AED | -85% |
| Mortgage Credit Analyst | 7,580 AED | -74% |
| Mortgage Credit Manager | 17,900 AED | -39% |
| Mortgage Development Manager | 21,300 AED | -27% |
| Mortgage Document Reviewer | 6,510 AED | -78% |
| Mortgage Funding Manager | 20,600 AED | -30% |
| Mortgage Operations Manager | 29,200 AED | -0% |
| Mortgage Payment Processing Clerk | 5,500 AED | -81% |
| Mortgage Processing Manager | 18,600 AED | -36% |
| Mortgage Processor | 6,660 AED | -77% |
| Mortgage Quality Assurance Auditor | 15,400 AED | -47% |
| Mortgage Quality Assurance Manager | 18,300 AED | -37% |
| Mortgage Servicing Clerk | 4,950 AED | -83% |
| Mortgage Servicing Manager | 17,600 AED | -40% |
| Mortgage Underwriter | 6,140 AED | -79% |
| Online Banking Manager | 30,400 AED | +4% |
| Open Banking Strategist | 17,300 AED | -41% |
| Payment Processing Clerk | 4,690 AED | -84% |
| Personal Banker | 11,900 AED | -59% |
| Personal Banking Advisor | 11,600 AED | -60% |
| Phone Banker | 6,740 AED | -77% |
| Private Banker | 11,300 AED | -61% |
| Reconciliation and Investigation Specialist | 13,200 AED | -55% |
| Tax Officer | 9,490 AED | -68% |
| Teller | 4,510 AED | -85% |
| Trade Officer | 5,990 AED | -80% |
| Trade Product Manager | 18,500 AED | -37% |
| Trader | 7,160 AED | -76% |
| Treasury Operations Officer | 13,900 AED | -53% |
| Wealth Management Advisor | 24,400 AED | -17% |
Salary Comparison By City
| City | Average Salary |
| Abu Dhabi | 33,700 AED |
| Al Ain | 29,300 AED |
| Dubai | 34,000 AED |
| Fujairah | 27,200 AED |
| Ras Al Khaimah | 30,100 AED |
| Sharjah | 31,300 AED |
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 United Arab Emirates is 6% on average across all career fields.
| Private Sector | 13,800 AED | |
| Public Sector | +6% | 14,700 AED |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Internal Bank Audit Manager in Al Ain?
A good and competitive compensation would range anywhere between 27,100 AED and 30,900 AED. 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 Audit Manager in Al Ain ranges from 14,600 AED to 22,300 AED. 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
