Online Banking Manager Average Salary in Cebu 2024
How much money does a person working as Online Banking Manager make in Cebu?
LOW
46,100
PHP AVERAGE
96,100
PHP HIGH
151,000
PHP
A person working as Online Banking Manager in Cebu typically earns around 96,100 PHP. Salaries range from 46,100 PHP (lowest) to 151,000 PHP (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Online Banking Manager salaries in Cebu vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Online Banking Manager Pay Scale and Salaries in Cebu
Salary Structure and Pay Scale Comparison
89,800 PHP or more
79,100 to 89,800 PHP
55,600 PHP or less
55,600 to 79,100 PHP
 46,100 PHP |
90,300 PHP |
151,000 PHP |
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 Online Banking Manager in Cebu range from 46,100 PHP (starting salary) to 151,000 PHP (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 90,300 PHP, half of the professionals who work as Online Banking Manager in Cebu 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 Online Banking Manager in Cebu earn less than 73,500 PHP, while 75% earn more. Similarly, the chart shows that 75% earn less than 104,000 PHP 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 Online Banking Manager in Cebu compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 55,600 PHP to 79,100 PHP. About 20% of salaries are below the 55,600 PHP mark, while 10% fall within the range of 79,100 PHP to 89,800 PHP. Only 5% of individuals have salaries exceeding 89,800 PHP.
Salary Comparison by Years of Experience / Online Banking Manager / Cebu
How do experience and age affect pay?
| 0 - 2 Years | 54,000 PHP | |
| 2 - 5 Years | +42% | 76,500 PHP |
| 5 - 10 Years | +31% | 101,000 PHP |
| 10 - 15 Years | +23% | 124,000 PHP |
| 15 - 20 Years | +6% | 131,000 PHP |
| 20+ Years | +10% | 144,000 PHP |
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 Online Banking Manager and this is what we found.
Employees with less than two years of experience earn approximately 54,000 PHP.
While someone with an experience level between two and five years is expected to earn 76,500 PHP, 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 101,000 PHP, 31% 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 124,000 PHP, 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 131,000 PHP, 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 144,000 PHP, 10% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Online Banking Manager / Cebu
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Online Banking Manager.
| Bachelor's Degree | 84,900 PHP | |
| Master's Degree | +43% | 122,000 PHP |
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 Online Banking Manager in order to make a comparison.
Level 1: Bachelor's Degree
Employees at this education level have an average salary of 84,900 PHP.
Level 2: Master's Degree
At this level, the average salary becomes 122,000 PHP, 43% 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 Philippines costs anywhere from 224,000 PHP to 671,000 PHP 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 / Online Banking Manager / Cebu
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 Online Banking Manager in Philippines, the average difference between the salary of male and female employees is 15%.
| Male | 92,200 PHP | |
| Female | -13% | 80,400 PHP |
Salary Comparison By Gender in Philippines for all Careers
Average Annual Salary Increment Percentage / Online Banking Manager / Cebu
How much are annual salary increments in Cebu for individuals working as Online Banking Manager? How often do employees get salary raises?
Individuals working as Online Banking Manager in Philippines 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 18 months.
Philippines / 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 / Online Banking Manager / Philippines
How much and how often are bonuses being awarded?
Share This Chart Tweet Get Chart Linkhttp://www.salaryexplorer.com/charts/philippines/banking/online-banking-manager/annual-salary-bonus-rate-philippines-online-banking-manager.jpg
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 / Online Banking Manager / Cebu
550 PHP per hourThe average hourly wage (pay per hour) for individuals working as Online Banking Manager in Cebu is 550 PHP.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 Online Banking Manager in Cebu is 270 PHP. 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 | 73,900 PHP | -23% |
| Assistant Bank Branch Manager | 62,800 PHP | -35% |
| Assistant Bank Manager | 81,900 PHP | -15% |
| ATM Manager | 68,100 PHP | -29% |
| ATM Service Technician | 20,400 PHP | -79% |
| Bank Accounts Analyst | 29,200 PHP | -70% |
| Bank Accounts Collector | 17,000 PHP | -82% |
| Bank Accounts Controller | 36,900 PHP | -62% |
| Bank Accounts Executive | 54,000 PHP | -44% |
| Bank Accounts Manager | 61,700 PHP | -36% |
| Bank Auditing Manager | 64,900 PHP | -32% |
| Bank Branch Manager | 86,900 PHP | -10% |
| Bank Branch Operations Coordinator | 38,600 PHP | -60% |
| Bank Clerk | 16,600 PHP | -83% |
| Bank Client Service Associate | 22,800 PHP | -76% |
| Bank Collector | 16,700 PHP | -83% |
| Bank Compliance Specialist | 44,700 PHP | -53% |
| Bank Manager | 103,000 PHP |  +7% |
| Bank Operational Risk Manager | 105,000 PHP | +9% |
| Bank Operations Head | 109,000 PHP | +13% |
| Bank Operations Officer | 40,000 PHP | -58% |
| Bank Operations Specialist | 63,700 PHP | -34% |
| Bank Process Manager | 59,000 PHP | -39% |
| Bank Product Manager | 68,200 PHP | -29% |
| Bank Programme Manager | 68,500 PHP | -29% |
| Bank Project Manager | 80,200 PHP | -17% |
| Bank Propositions Manager | 72,100 PHP | -25% |
| Bank Quantitative Analyst | 49,800 PHP | -48% |
| Bank Regional Manager | 105,000 PHP | +9% |
| Bank Regional Risk Officer | 51,700 PHP | -46% |
| Bank Relationship Manager | 75,900 PHP | -21% |
| Bank Relationship Officer | 34,800 PHP | -64% |
| Bank Sustainability Analyst | 61,400 PHP | -36% |
| Bank Teller | 18,600 PHP | -81% |
| Banker | 35,500 PHP | -63% |
| Banking Business Analyst | 54,200 PHP | -44% |
| Banking Business Development Officer | 34,700 PHP | -64% |
| Banking Business Planning Executive | 76,400 PHP | -20% |
| Banking Data Analyst | 62,100 PHP | -35% |
| Banking Product Manager | 68,600 PHP | -29% |
| Banking Reference Data Manager | 55,600 PHP | -42% |
| Banking Regulatory Compliance Officer | 62,800 PHP | -35% |
| Banking Risk Analyst | 52,500 PHP | -45% |
| Banking Technical Analyst | 29,000 PHP | -70% |
| Bankruptcy Coordinator | 37,300 PHP | -61% |
| Bill and Account Collector | 18,900 PHP | -80% |
| Blockchain Analyst | 43,600 PHP | -55% |
| Blockchain Architect | 55,100 PHP | -43% |
| Blockchain Auditor | 48,100 PHP | -50% |
| Blockchain Compliance Analyst | 49,000 PHP | -49% |
| Blockchain Consultant | 50,600 PHP | -47% |
| Blockchain Trade Facilitator | 44,900 PHP | -53% |
| Budget Analyst | 50,900 PHP | -47% |
| Capital Risk Manager | 98,700 PHP | +3% |
| Cards Marketing Manager | 69,000 PHP | -28% |
| Cash Management Manager | 95,400 PHP | -1% |
| Check Processing Manager | 69,500 PHP | -28% |
| Chief Blockchain Officer | 61,400 PHP | -36% |
| Commercial Vault Associate | 54,000 PHP | -44% |
| Corporate Banker | 39,400 PHP | -59% |
| Corporate Dealer | 52,800 PHP | -45% |
| Credit Analyst | 39,800 PHP | -59% |
| Credit and Collections Manager | 75,300 PHP | -22% |
| Credit Card Fraud Investigator | 56,900 PHP | -41% |
| Credit Portfolio Manager | 98,700 PHP | +3% |
| Credit Risk Analyst | 61,500 PHP | -36% |
| Credit Risk Associate | 57,600 PHP | -40% |
| Cryptocurrency Accountant | 33,900 PHP | -65% |
| Cryptocurrency Adviser | 64,900 PHP | -32% |
| Cryptocurrency Analyst | 47,900 PHP | -50% |
| Cryptocurrency Compliance Manager | 58,500 PHP | -39% |
| Cryptocurrency Trader | 57,100 PHP | -41% |
| Digital Banking Manager | 69,800 PHP | -27% |
| Digital Currency Analyst | 52,400 PHP | -45% |
| Direct Bank Sales Representative | 38,400 PHP | -60% |
| Exchange Control Consultant | 57,500 PHP | -40% |
| Executive Account Analyst | 50,100 PHP | -48% |
| Financial Bank Planning Consultant | 65,700 PHP | -32% |
| Financial Banking Analysis Manager | 77,400 PHP | -19% |
| Financial Banking Assistant | 24,700 PHP | -74% |
| Financial Banking Systems Manager | 69,500 PHP | -28% |
| Foreign Exchange Manager | 81,000 PHP | -16% |
| Fraud Analyst | 55,400 PHP | -42% |
| Fraud Detection Associate | 39,500 PHP | -59% |
| Fraud Detection Manager | 80,500 PHP | -16% |
| Fraud Detection Supervisor | 47,100 PHP | -51% |
| Internal Bank Audit Manager | 95,200 PHP | -1% |
| Internal Bank Auditor | 49,900 PHP | -48% |
| Internal Private Banker | 38,400 PHP | -60% |
| International Banking Manager | 104,000 PHP | +8% |
| Investment Banking Analyst | 78,300 PHP | -18% |
| Loan Analyst | 51,700 PHP | -46% |
| Loan Area Manager | 64,500 PHP | -33% |
| Loan Audit Team Leader | 60,400 PHP | -37% |
| Loan Branch Manager | 58,900 PHP | -39% |
| Loan Business Development Officer | 31,300 PHP | -67% |
| Loan Clerk | 18,000 PHP | -81% |
| Loan Collection and Recovery Manager | 65,300 PHP | -32% |
| Loan Collection Manager | 66,300 PHP | -31% |
| Loan Collector | 17,600 PHP | -82% |
| Loan Examiner | 23,100 PHP | -76% |
| Loan Officer | 20,800 PHP | -78% |
| Loan Processing Manager | 56,100 PHP | -42% |
| Loan Processor | 23,100 PHP | -76% |
| Loan Quality Assurance Auditor | 56,400 PHP | -41% |
| Loan Quality Assurance Manager | 61,900 PHP | -36% |
| Loan Quality Assurance Representative | 40,600 PHP | -58% |
| Loan Review Manager | 60,400 PHP | -37% |
| Loan Team Leader | 53,200 PHP | -45% |
| Loans Manager | 73,500 PHP | -23% |
| Mortgage Advisor | 36,000 PHP | -63% |
| Mortgage Collection Manager | 59,800 PHP | -38% |
| Mortgage Collector | 18,200 PHP | -81% |
| Mortgage Credit Analyst | 29,100 PHP | -70% |
| Mortgage Credit Manager | 60,300 PHP | -37% |
| Mortgage Development Manager | 68,100 PHP | -29% |
| Mortgage Document Reviewer | 22,800 PHP | -76% |
| Mortgage Funding Manager | 66,700 PHP | -31% |
| Mortgage Operations Manager | 91,500 PHP | -5% |
| Mortgage Payment Processing Clerk | 19,900 PHP | -79% |
| Mortgage Processing Manager | 58,100 PHP | -40% |
| Mortgage Processor | 24,900 PHP | -74% |
| Mortgage Quality Assurance Auditor | 50,700 PHP | -47% |
| Mortgage Quality Assurance Manager | 63,100 PHP | -34% |
| Mortgage Servicing Clerk | 18,900 PHP | -80% |
| Mortgage Servicing Manager | 59,300 PHP | -38% |
| Mortgage Underwriter | 23,200 PHP | -76% |
| Online Banking Manager | 96,100 PHP | +0% |
| Open Banking Strategist | 55,100 PHP | -43% |
| Payment Processing Clerk | 19,300 PHP | -80% |
| Personal Banker | 37,400 PHP | -61% |
| Personal Banking Advisor | 39,900 PHP | -58% |
| Phone Banker | 25,100 PHP | -74% |
| Private Banker | 38,800 PHP | -60% |
| Reconciliation and Investigation Specialist | 45,000 PHP | -53% |
| Tax Officer | 33,000 PHP | -66% |
| Teller | 17,500 PHP | -82% |
| Trade Officer | 21,300 PHP | -78% |
| Trade Product Manager | 60,100 PHP | -37% |
| Trader | 27,400 PHP | -71% |
| Treasury Operations Officer | 49,000 PHP | -49% |
| Wealth Management Advisor | 81,000 PHP | -16% |
Salary Comparison By City
| City | Average Salary |
| Cebu | 96,100 PHP |
| Manila | 97,100 PHP |
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 Philippines is 12% on average across all career fields.
| Private Sector | 42,300 PHP | |
| Public Sector | +12% | 47,300 PHP |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Online Banking Manager in Cebu?
A good and competitive compensation would range anywhere between 90,300 PHP and 104,000 PHP. 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 Online Banking Manager in Cebu ranges from 46,100 PHP to 73,500 PHP. 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
