Debt Adviser Average Salary in Muscat 2024
How much money does a person working as Debt Adviser make in Muscat?
LOW
1,030
OMR AVERAGE
2,230
OMR HIGH
3,550
OMR
A person working as Debt Adviser in Muscat typically earns around 2,230 OMR. Salaries range from 1,030 OMR (lowest) to 3,550 OMR (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Debt Adviser salaries in Muscat vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Debt Adviser Pay Scale and Salaries in Muscat
Salary Structure and Pay Scale Comparison
2,120 OMR or more
1,850 to 2,120 OMR
1,280 OMR or less
1,280 to 1,850 OMR
 1,030 OMR |
2,130 OMR |
3,550 OMR |
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 Debt Adviser in Muscat range from 1,030 OMR (starting salary) to 3,550 OMR (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 2,130 OMR, half of the professionals who work as Debt Adviser in Muscat 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 Debt Adviser in Muscat earn less than 1,720 OMR, while 75% earn more. Similarly, the chart shows that 75% earn less than 2,460 OMR 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 Debt Adviser in Muscat compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 1,280 OMR to 1,850 OMR. About 20% of salaries are below the 1,280 OMR mark, while 10% fall within the range of 1,850 OMR to 2,120 OMR. Only 5% of individuals have salaries exceeding 2,120 OMR.
Salary Comparison by Years of Experience / Debt Adviser / Muscat
How do experience and age affect pay?
| 0 - 2 Years | 1,170 OMR | |
| 2 - 5 Years | +33% | 1,560 OMR |
| 5 - 10 Years | +48% | 2,300 OMR |
| 10 - 15 Years | +22% | 2,800 OMR |
| 15 - 20 Years | +9% | 3,050 OMR |
| 20+ Years | +8% | 3,310 OMR |
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 Debt Adviser and this is what we found.
Employees with less than two years of experience earn approximately 1,170 OMR.
While someone with an experience level between two and five years is expected to earn 1,560 OMR, 33% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 2,300 OMR, 48% 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 2,800 OMR, 22% 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 3,050 OMR, 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 3,310 OMR, 8% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Debt Adviser / Muscat
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Debt Adviser.
| Certificate or Diploma | 1,330 OMR | |
| Bachelor's Degree | +57% | 2,080 OMR |
| Master's Degree | +68% | 3,500 OMR |
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 Debt Adviser in order to make a comparison.
Level 1: Certificate or Diploma
Employees at this education level have an average salary of 1,330 OMR.
Level 2: Bachelor's Degree
At this level, the average salary becomes 2,080 OMR, 57% more than the previous level.
Level 3: Master's Degree
At this level, the average salary becomes 3,500 OMR, 68% 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 Oman costs anywhere from 8,880 OMR to 26,600 OMR 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 / Debt Adviser / Muscat
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 Debt Adviser in Oman, the average difference between the salary of male and female employees is 19%.
| Male | 2,270 OMR | |
| Female | -16% | 1,900 OMR |
Salary Comparison By Gender in Oman for all Careers
Average Annual Salary Increment Percentage / Debt Adviser / Muscat
How much are annual salary increments in Muscat for individuals working as Debt Adviser? How often do employees get salary raises?
Individuals working as Debt Adviser in Oman are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 7% granted to employees every 19 months.
Oman / 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 / Debt Adviser / Oman
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 / Debt Adviser / Muscat
13 OMR per hourThe average hourly wage (pay per hour) for individuals working as Debt Adviser in Muscat is 13 OMR.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 Debt Adviser in Muscat is 6 OMR. 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 |
| Accounting and Finance |  -100% | |
| Account Examiner | 950 OMR | -57% |
| Account Executive | 1,760 OMR | -21% |
| Accountant | 1,320 OMR | -41% |
| Accounting Analyst | 1,700 OMR | -24% |
| Accounting Assistant | 1,060 OMR | -52% |
| Accounting Associate | 970 OMR | -57% |
| Accounting Clerk | 820 OMR | -63% |
| Accounting Coordinator | 1,140 OMR | -49% |
| Accounting Head | 2,780 OMR |  +25% |
| Accounting Manager | 2,790 OMR | +25% |
| Accounting Officer | 950 OMR | -57% |
| Accounting Specialist | 1,780 OMR | -20% |
| Accounting Supervisor | 1,770 OMR | -21% |
| Accounting Technician | 940 OMR | -58% |
| Accounting Unit Controller | 2,150 OMR | -4% |
| Accounts Executive | 1,760 OMR | -21% |
| Accounts Officer | 1,060 OMR | -52% |
| Accounts Payable and Receivable Specialist | 1,370 OMR | -39% |
| Accounts Payable Assistant | 1,090 OMR | -51% |
| Accounts Payable Associate | 1,260 OMR | -43% |
| Accounts Payable Clerk | 1,000 OMR | -55% |
| Accounts Payable Manager | 2,730 OMR | +22% |
| Accounts Receivable Administrator | 2,020 OMR | -9% |
| Accounts Receivable Clerk | 950 OMR | -57% |
| Accounts Receivable Financial Analyst | 1,930 OMR | -13% |
| Accounts Receivable Manager | 2,550 OMR | +14% |
| Accounts Receivable Team Leader | 1,970 OMR | -12% |
| Algorithmic Trading Specialist | 2,370 OMR | +6% |
| Assistant Accountant | 1,000 OMR | -55% |
| Assistant Accounting Manager | 2,520 OMR | +13% |
| Assistant Auditor | 1,340 OMR | -40% |
| Assistant Corporate Controller | 1,880 OMR | -16% |
| Assistant Finance Manager | 2,870 OMR | +29% |
| Assistant Financial Controller | 1,830 OMR | -18% |
| Audit Director | 3,160 OMR | +42% |
| Audit Supervisor | 2,460 OMR | +10% |
| Auditing Clerk | 1,060 OMR | -52% |
| Auditing Manager | 2,800 OMR | +26% |
| Billing Clerk | 1,060 OMR | -52% |
| Billing Coordinator | 1,170 OMR | -48% |
| Billing Specialist | 1,390 OMR | -38% |
| Billing Supervisor | 2,010 OMR | -10% |
| Bookkeeper | 890 OMR | -60% |
| Bookkeeping Specialist | 1,290 OMR | -42% |
| Budget Analyst | 2,370 OMR | +6% |
| Budget Manager | 2,630 OMR | +18% |
| Business Support Analyst | 1,520 OMR | -32% |
| Capital Markets Associate | 2,030 OMR | -9% |
| Cash Flow Analyst | 1,980 OMR | -11% |
| Cash Management Manager | 2,660 OMR | +19% |
| Cash Management Officer | 1,580 OMR | -29% |
| Cashbook Clerk | 870 OMR | -61% |
| Chartered Accountant | 1,630 OMR | -27% |
| Chief Accountant | 2,000 OMR | -10% |
| Chief Financial Technology Officer | 2,800 OMR | +26% |
| Collections Clerk | 790 OMR | -65% |
| Collections Representative | 1,140 OMR | -49% |
| Collections Specialist | 1,340 OMR | -40% |
| Corporate Controller | 2,200 OMR | -1% |
| Corporate Treasurer | 2,510 OMR | +13% |
| Cost Accountant | 1,290 OMR | -42% |
| Cost Accounting Manager | 2,670 OMR | +20% |
| Cost Accounting Supervisor | 2,230 OMR | = |
| Cost Analyst | 2,200 OMR | -1% |
| Credit and Collection Manager | 2,550 OMR | +14% |
| Credit and Collection Staff | 980 OMR | -56% |
| Credit and Loans Officer | 920 OMR | -59% |
| Credit Controller | 1,900 OMR | -15% |
| Credit Manager | 2,730 OMR | +22% |
| Debt Adviser | 2,230 OMR | = |
| Debt Collector | 1,110 OMR | -50% |
| Debtors Clerk | 950 OMR | -57% |
| Debtors Controller | 950 OMR | -57% |
| Deputy CFO | 3,690 OMR | +65% |
| Deputy Head of Finance | 3,500 OMR | +57% |
| Derivative Trader | 2,200 OMR | -1% |
| Director of Finance | 3,870 OMR | +74% |
| E-commerce Accountant | 1,400 OMR | -37% |
| Economist | 3,220 OMR | +44% |
| Equity Analyst | 2,270 OMR | +2% |
| Escrow Assistant | 1,200 OMR | -46% |
| Executive Accountant | 1,440 OMR | -35% |
| External Auditor | 1,930 OMR | -13% |
| Finance Administrator | 1,490 OMR | -33% |
| Finance Analyst | 2,370 OMR | +6% |
| Finance Associate | 1,140 OMR | -49% |
| Finance Data Analyst | 2,170 OMR | -3% |
| Finance Director | 3,970 OMR | +78% |
| Finance Executive | 2,930 OMR | +31% |
| Finance Licensing Clerk | 970 OMR | -57% |
| Finance Licensing Manager | 2,640 OMR | +18% |
| Finance Licensing Specialist | 1,390 OMR | -38% |
| Finance Manager | 3,870 OMR | +74% |
| Finance Officer | 1,320 OMR | -41% |
| Finance President | 3,870 OMR | +74% |
| Finance Relationship Manager | 3,040 OMR | +36% |
| Finance Release Analyst | 1,540 OMR | -31% |
| Finance Specialist | 2,120 OMR | -5% |
| Finance Team Leader | 2,850 OMR | +28% |
| Financial Accountant | 1,280 OMR | -43% |
| Financial Actuary | 1,960 OMR | -12% |
| Financial Administrator | 2,290 OMR | +3% |
| Financial Advisor | 2,380 OMR | +7% |
| Financial Analyst | 2,370 OMR | +6% |
| Financial Applications Specialist | 1,640 OMR | -26% |
| Financial Assistant | 1,090 OMR | -51% |
| Financial Associate | 1,110 OMR | -50% |
| Financial Claims Analyst | 1,770 OMR | -21% |
| Financial Claims Manager | 2,400 OMR | +8% |
| Financial Claims Supervisor | 2,290 OMR | +3% |
| Financial Clerk | 1,060 OMR | -52% |
| Financial Commercial Analyst | 1,940 OMR | -13% |
| Financial Compliance Analyst | 2,170 OMR | -3% |
| Financial Compliance Officer | 2,180 OMR | -2% |
| Financial Consultant | 1,710 OMR | -23% |
| Financial Controller | 2,200 OMR | -1% |
| Financial Coordinator | 1,270 OMR | -43% |
| Financial Customer Service Manager | 2,460 OMR | +10% |
| Financial Data Scientist | 2,380 OMR | +7% |
| Financial Dealer and Broker | 1,390 OMR | -38% |
| Financial Director | 3,970 OMR | +78% |
| Financial Encoder | 1,090 OMR | -51% |
| Financial Manager | 3,590 OMR | +61% |
| Financial Modelling Analyst | 2,360 OMR | +6% |
| Financial Operations Manager | 3,260 OMR | +46% |
| Financial Policy Analyst | 2,040 OMR | -9% |
| Financial Project Manager | 2,770 OMR | +24% |
| Financial Quantitative Analyst | 2,200 OMR | -1% |
| Financial Reporting Consultant | 1,940 OMR | -13% |
| Financial Reporting Manager | 2,510 OMR | +13% |
| Financial Section Head | 2,440 OMR | +9% |
| Financial Services Manager | 3,260 OMR | +46% |
| Financial Services Sales Agent | 1,490 OMR | -33% |
| Financial Technology Consultant | 2,120 OMR | -5% |
| Financial Wellness Coach | 2,830 OMR | +27% |
| FinTech Analyst | 2,200 OMR | -1% |
| Fixed Assets Administrator | 1,330 OMR | -40% |
| Forensic Accountant | 1,530 OMR | -31% |
| Fraud Detection Supervisor | 1,700 OMR | -24% |
| Fraud Prevention Manager | 2,610 OMR | +17% |
| Fund Accountant | 1,250 OMR | -44% |
| Grants Coordinator | 1,000 OMR | -55% |
| Green Finance Analyst | 2,100 OMR | -6% |
| Group Financial Manager | 3,760 OMR | +69% |
| Internal Auditor | 1,710 OMR | -23% |
| Internal Control Adviser | 2,170 OMR | -3% |
| Internal Control Officer | 1,110 OMR | -50% |
| International Tax Director | 3,100 OMR | +39% |
| Inventory Accountant | 1,440 OMR | -35% |
| Investment Advisor | 3,600 OMR | +61% |
| Investment Analyst | 2,730 OMR | +22% |
| Investment Associate | 2,150 OMR | -4% |
| Investment Broker | 2,150 OMR | -4% |
| Investment Fund Manager | 2,930 OMR | +31% |
| Investment Operations Manager | 2,930 OMR | +31% |
| Investment Underwriter | 1,140 OMR | -49% |
| Investor | 1,700 OMR | -24% |
| Investor Relations Manager | 2,720 OMR | +22% |
| KYC Team Leader | 2,670 OMR | +20% |
| Loan Processor | 1,060 OMR | -52% |
| Management Accountant | 1,430 OMR | -36% |
| Management Economist | 3,140 OMR | +41% |
| Paymaster | 1,090 OMR | -51% |
| Payroll Administrator | 1,730 OMR | -22% |
| Payroll Benefits Coordinator | 1,450 OMR | -35% |
| Payroll Billing Manager | 2,460 OMR | +10% |
| Payroll Clerk | 1,170 OMR | -48% |
| Payroll Manager | 2,520 OMR | +13% |
| Payroll Officer | 1,200 OMR | -46% |
| Payroll Specialist | 1,330 OMR | -40% |
| Payroll Supervisor | 1,630 OMR | -27% |
| Pensions Administrator | 1,430 OMR | -36% |
| Personal Financial Advisor | 2,000 OMR | -10% |
| Pricing Analyst | 2,290 OMR | +3% |
| Private Equity Analyst | 2,330 OMR | +4% |
| Project Accountant | 1,470 OMR | -34% |
| Proposal Development Coordinator | 1,200 OMR | -46% |
| Quantitative Trader | 1,830 OMR | -18% |
| Receivables Accountant | 1,240 OMR | -44% |
| Regulatory Accountant | 1,440 OMR | -35% |
| Retirement Plan Analyst | 2,200 OMR | -1% |
| Revenue Management Specialist | 2,120 OMR | -5% |
| Revenue Recognition Analyst | 2,550 OMR | +14% |
| Risk Management Director | 3,070 OMR | +38% |
| Risk Management Supervisor | 2,590 OMR | +16% |
| Staff Accountant | 1,220 OMR | -45% |
| Tax Accountant | 1,240 OMR | -44% |
| Tax Administrator | 1,490 OMR | -33% |
| Tax Advisor | 1,960 OMR | -12% |
| Tax Analyst | 2,010 OMR | -10% |
| Tax Associate | 1,140 OMR | -49% |
| Tax Consultant | 2,140 OMR | -4% |
| Tax Director | 3,190 OMR | +43% |
| Tax Examiner | 1,360 OMR | -39% |
| Tax Manager | 2,740 OMR | +23% |
| Tax Research Manager | 2,810 OMR | +26% |
| Teller | 760 OMR | -66% |
| Treasury Accountant | 1,410 OMR | -37% |
| Treasury Analyst | 2,170 OMR | -3% |
| Underwriter | 940 OMR | -58% |
| Underwriting Assistant | 910 OMR | -59% |
| Vice President of Finance | 3,780 OMR | +70% |
Salary Comparison By City
| City | Average Salary |
| Muscat | 2,230 OMR |
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 Oman is 7% on average across all career fields.
| Private Sector | 1,700 OMR | |
| Public Sector | +7% | 1,830 OMR |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Debt Adviser in Muscat?
A good and competitive compensation would range anywhere between 2,130 OMR and 2,460 OMR. 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 Debt Adviser in Muscat ranges from 1,030 OMR to 1,720 OMR. 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
