Mortgage Collector Average Salary in Fujairah 2024
How much money does a person working as Mortgage Collector make in Fujairah?
LOW
1,950
AED AVERAGE
3,970
AED HIGH
6,190
AED
A person working as Mortgage Collector in Fujairah typically earns around 3,970 AED. Salaries range from 1,950 AED (lowest) to 6,190 AED (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Mortgage Collector salaries in Fujairah vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Mortgage Collector Pay Scale and Salaries in Fujairah
Salary Structure and Pay Scale Comparison
3,680 AED or more
3,250 to 3,680 AED
2,310 AED or less
2,310 to 3,250 AED
 1,950 AED |
3,700 AED |
6,190 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 Mortgage Collector in Fujairah range from 1,950 AED (starting salary) to 6,190 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 3,700 AED, half of the professionals who work as Mortgage Collector in Fujairah 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 Mortgage Collector in Fujairah earn less than 3,030 AED, while 75% earn more. Similarly, the chart shows that 75% earn less than 4,230 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 Mortgage Collector in Fujairah compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 2,310 AED to 3,250 AED. About 20% of salaries are below the 2,310 AED mark, while 10% fall within the range of 3,250 AED to 3,680 AED. Only 5% of individuals have salaries exceeding 3,680 AED.
Salary Comparison by Years of Experience / Mortgage Collector / Fujairah
How do experience and age affect pay?
| 0 - 2 Years | 2,310 AED | |
| 2 - 5 Years | +29% | 2,960 AED |
| 5 - 10 Years | +38% | 4,090 AED |
| 10 - 15 Years | +24% | 5,070 AED |
| 15 - 20 Years | +7% | 5,430 AED |
| 20+ Years | +7% | 5,790 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 Mortgage Collector and this is what we found.
Employees with less than two years of experience earn approximately 2,310 AED.
While someone with an experience level between two and five years is expected to earn 2,960 AED, 29% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 4,090 AED, 38% 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 5,070 AED, 24% 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 5,430 AED, 7% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 5,790 AED, 7% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Mortgage Collector / Fujairah
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Mortgage Collector.
| High School | 2,960 AED | |
| Certificate or Diploma | +43% | 4,240 AED |
| Bachelor's Degree | +38% | 5,850 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 Mortgage Collector in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 2,960 AED.
Level 2: Certificate or Diploma
At this level, the average salary becomes 4,240 AED, 43% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 5,850 AED, 38% more than the previous level.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Mortgage Collector / Fujairah
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 Mortgage Collector in United Arab Emirates, the average difference between the salary of male and female employees is 7%.
| Male | 4,670 AED | |
| Female | -6% | 4,380 AED |
Salary Comparison By Gender in United Arab Emirates for all Careers
Average Annual Salary Increment Percentage / Mortgage Collector / Fujairah
How much are annual salary increments in Fujairah for individuals working as Mortgage Collector? How often do employees get salary raises?
Individuals working as Mortgage Collector 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 / Mortgage Collector / 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 / Mortgage Collector / Fujairah
23 AED per hourThe average hourly wage (pay per hour) for individuals working as Mortgage Collector in Fujairah is 23 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 Mortgage Collector in Fujairah is 11 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 | 21,000 AED |  +430% |
| Assistant Bank Branch Manager | 17,900 AED | +350% |
| Assistant Bank Manager | 24,600 AED | +520% |
| ATM Manager | 21,100 AED | +430% |
| ATM Service Technician | 4,530 AED | +14% |
| Bank Accounts Analyst | 6,990 AED | +76% |
| Bank Accounts Collector | 3,890 AED | -2% |
| Bank Accounts Controller | 9,980 AED | +150% |
| Bank Accounts Executive | 14,400 AED | +260% |
| Bank Accounts Manager | 17,400 AED | +340% |
| Bank Auditing Manager | 17,900 AED | +350% |
| Bank Branch Manager | 24,100 AED | +510% |
| Bank Branch Operations Coordinator | 9,920 AED | +150% |
| Bank Clerk | 3,640 AED | -8% |
| Bank Client Service Associate | 6,090 AED | +53% |
| Bank Collector | 4,170 AED | +5% |
| Bank Compliance Specialist | 12,500 AED | +210% |
| Bank Manager | 27,900 AED | +600% |
| Bank Operational Risk Manager | 29,700 AED | +650% |
| Bank Operations Head | 29,800 AED | +650% |
| Bank Operations Officer | 11,100 AED | +180% |
| Bank Operations Specialist | 17,500 AED | +340% |
| Bank Process Manager | 16,700 AED | +320% |
| Bank Product Manager | 19,100 AED | +380% |
| Bank Programme Manager | 19,600 AED | +390% |
| Bank Project Manager | 22,900 AED | +480% |
| Bank Propositions Manager | 19,800 AED | +400% |
| Bank Quantitative Analyst | 14,800 AED | +270% |
| Bank Regional Manager | 32,100 AED | +710% |
| Bank Regional Risk Officer | 15,300 AED | +290% |
| Bank Relationship Manager | 21,600 AED | +440% |
| Bank Relationship Officer | 9,640 AED | +140% |
| Bank Sustainability Analyst | 16,500 AED | +320% |
| Bank Teller | 4,240 AED | +7% |
| Banker | 10,000 AED | +150% |
| Banking Business Analyst | 15,100 AED | +280% |
| Banking Business Development Officer | 8,620 AED | +120% |
| Banking Business Planning Executive | 22,600 AED | +470% |
| Banking Data Analyst | 17,500 AED | +340% |
| Banking Product Manager | 19,000 AED | +380% |
| Banking Reference Data Manager | 17,000 AED | +330% |
| Banking Regulatory Compliance Officer | 18,500 AED | +370% |
| Banking Risk Analyst | 14,600 AED | +270% |
| Banking Technical Analyst | 7,040 AED | +77% |
| Bankruptcy Coordinator | 10,200 AED | +160% |
| Bill and Account Collector | 4,510 AED | +14% |
| Blockchain Analyst | 12,500 AED | +210% |
| Blockchain Architect | 15,200 AED | +280% |
| Blockchain Auditor | 12,400 AED | +210% |
| Blockchain Compliance Analyst | 13,200 AED | +230% |
| Blockchain Consultant | 14,300 AED | +260% |
| Blockchain Trade Facilitator | 11,600 AED | +190% |
| Budget Analyst | 14,900 AED | +280% |
| Capital Risk Manager | 28,400 AED | +620% |
| Cards Marketing Manager | 18,200 AED | +360% |
| Cash Management Manager | 27,100 AED | +580% |
| Check Processing Manager | 20,200 AED | +410% |
| Chief Blockchain Officer | 17,200 AED | +330% |
| Commercial Vault Associate | 13,800 AED | +250% |
| Corporate Banker | 10,400 AED | +160% |
| Corporate Dealer | 15,800 AED | +300% |
| Credit Analyst | 11,500 AED | +190% |
| Credit and Collections Manager | 19,400 AED | +390% |
| Credit Card Fraud Investigator | 15,100 AED | +280% |
| Credit Portfolio Manager | 28,900 AED | +630% |
| Credit Risk Analyst | 17,400 AED | +340% |
| Credit Risk Associate | 15,500 AED | +290% |
| Cryptocurrency Accountant | 8,750 AED | +120% |
| Cryptocurrency Adviser | 18,700 AED | +370% |
| Cryptocurrency Analyst | 14,100 AED | +260% |
| Cryptocurrency Compliance Manager | 16,600 AED | +320% |
| Cryptocurrency Trader | 15,200 AED | +280% |
| Digital Banking Manager | 20,300 AED | +410% |
| Digital Currency Analyst | 15,200 AED | +280% |
| Direct Bank Sales Representative | 10,200 AED | +160% |
| Exchange Control Consultant | 15,500 AED | +290% |
| Executive Account Analyst | 14,600 AED | +270% |
| Financial Bank Planning Consultant | 19,800 AED | +400% |
| Financial Banking Analysis Manager | 21,700 AED | +450% |
| Financial Banking Assistant | 6,380 AED | +61% |
| Financial Banking Systems Manager | 21,200 AED | +430% |
| Foreign Exchange Manager | 21,200 AED | +430% |
| Fraud Analyst | 16,400 AED | +310% |
| Fraud Detection Associate | 10,200 AED | +160% |
| Fraud Detection Manager | 24,600 AED | +520% |
| Fraud Detection Supervisor | 12,900 AED | +230% |
| Internal Bank Audit Manager | 27,200 AED | +590% |
| Internal Bank Auditor | 14,300 AED | +260% |
| Internal Private Banker | 10,600 AED | +170% |
| International Banking Manager | 32,500 AED | +720% |
| Investment Banking Analyst | 22,200 AED | +460% |
| Loan Analyst | 15,100 AED | +280% |
| Loan Area Manager | 18,300 AED | +360% |
| Loan Audit Team Leader | 17,000 AED | +330% |
| Loan Branch Manager | 17,300 AED | +340% |
| Loan Business Development Officer | 8,140 AED | +110% |
| Loan Clerk | 4,380 AED | +10% |
| Loan Collection and Recovery Manager | 18,900 AED | +380% |
| Loan Collection Manager | 18,300 AED | +360% |
| Loan Collector | 3,890 AED | -2% |
| Loan Examiner | 5,770 AED | +45% |
| Loan Officer | 4,800 AED | +21% |
| Loan Processing Manager | 16,600 AED | +320% |
| Loan Processor | 5,740 AED | +45% |
| Loan Quality Assurance Auditor | 14,900 AED | +280% |
| Loan Quality Assurance Manager | 17,200 AED | +330% |
| Loan Quality Assurance Representative | 10,200 AED | +160% |
| Loan Review Manager | 16,600 AED | +320% |
| Loan Team Leader | 15,100 AED | +280% |
| Loans Manager | 19,400 AED | +390% |
| Mortgage Advisor | 10,300 AED | +160% |
| Mortgage Collection Manager | 17,000 AED | +330% |
| Mortgage Collector | 3,970 AED | +0% |
| Mortgage Credit Analyst | 7,450 AED | +88% |
| Mortgage Credit Manager | 15,900 AED | +300% |
| Mortgage Development Manager | 19,000 AED | +380% |
| Mortgage Document Reviewer | 5,810 AED | +46% |
| Mortgage Funding Manager | 20,300 AED | +410% |
| Mortgage Operations Manager | 26,200 AED | +560% |
| Mortgage Payment Processing Clerk | 4,930 AED | +24% |
| Mortgage Processing Manager | 16,600 AED | +320% |
| Mortgage Processor | 5,950 AED | +50% |
| Mortgage Quality Assurance Auditor | 15,200 AED | +280% |
| Mortgage Quality Assurance Manager | 16,400 AED | +310% |
| Mortgage Servicing Clerk | 4,430 AED | +12% |
| Mortgage Servicing Manager | 15,800 AED | +300% |
| Mortgage Underwriter | 5,530 AED | +39% |
| Online Banking Manager | 25,500 AED | +540% |
| Open Banking Strategist | 16,000 AED | +300% |
| Payment Processing Clerk | 4,370 AED | +10% |
| Personal Banker | 10,100 AED | +150% |
| Personal Banking Advisor | 10,700 AED | +170% |
| Phone Banker | 6,260 AED | +58% |
| Private Banker | 10,500 AED | +160% |
| Reconciliation and Investigation Specialist | 11,900 AED | +200% |
| Tax Officer | 8,050 AED | +100% |
| Teller | 4,220 AED | +6% |
| Trade Officer | 5,380 AED | +36% |
| Trade Product Manager | 18,300 AED | +360% |
| Trader | 6,430 AED | +62% |
| Treasury Operations Officer | 12,700 AED | +220% |
| Wealth Management Advisor | 23,000 AED | +480% |
Salary Comparison By City
| City | Average Salary |
| Abu Dhabi | 4,860 AED |
| Al Ain | 4,470 AED |
| Dubai | 4,640 AED |
| Fujairah | 3,970 AED |
| Ras Al Khaimah | 4,080 AED |
| Sharjah | 4,370 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 Mortgage Collector in Fujairah?
A good and competitive compensation would range anywhere between 3,700 AED and 4,230 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 Mortgage Collector in Fujairah ranges from 1,950 AED to 3,030 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
