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External Auditor Average Salary in Dubai 2021

How much money does an External Auditor make in Dubai?


Average Monthly Salary
22,500 AED
( 270,000 AED yearly)

LOW
10,600
AED
AVERAGE
22,500
AED
HIGH
35,600
AED

A person working as an External Auditor in Dubai typically earns around 22,500 AED per month. Salaries range from 10,600 AED (lowest) to 35,600 AED (highest).

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

External Auditor Salary Distribution in Dubai

Median and salary distribution monthly Dubai External Auditor
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The median, the maximum, the minimum, and the range

  • Salary Range

    External Auditor salaries in Dubai range from 10,600 AED per month (minimum salary) to 35,600 AED per month (maximum salary).

  • Median Salary

    The median salary is 23,900 AED per month, which means that half (50%) of people working as External Auditor(s) are earning less than 23,900 AED while the other half are earning more than 23,900 AED. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of External Auditor(s) are earning less than 15,500 AED while 75% of them are earning more than 15,500 AED. Also from the diagram, 75% of External Auditor(s) are earning less than 31,500 AED while 25% are earning more than 31,500 AED.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning 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

External Auditor Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Dubai External 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 your wage. We broke down External Auditor salaries by experience level and this is what we found.

An External Auditor with less than two years of experience makes approximately 12,200 AED per month.

While someone with an experience level between two and five years is expected to earn 16,800 AED per month, 38% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 23,900 AED per month, 42% more than someone with two to five 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.

Additionally, External Auditor(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 29,200 AED per month, 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 30,800 AED per month, 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 33,600 AED per month, 9% more than people with fifteen to twenty years of experience.


External Auditor average salary change by experience in Dubai

0 - 2 Years
12,200 AED
2 - 5 Years+38%
16,800 AED
5 - 10 Years+42%
23,900 AED
10 - 15 Years+22%
29,200 AED
15 - 20 Years+6%
30,800 AED
20+ Years+9%
33,600 AED
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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External Auditor Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different External Auditor(s) who have the same experience but different education levels.

Salary comparison by education level monthly Dubai External 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 External Auditor salaries by education level in order to make a comparison.

When the education level is Certificate or Diploma, the average salary of an External Auditor is 14,600 AED per month.

While someone with a Bachelor's Degree gets a salary of 23,100 AED per month, 58% more than someone having a Certificate or Diploma degree.

A Master's Degree gets its holder an average salary of 32,100 AED per month, 39% more than someone with a Bachelor's Degree.


External Auditor average salary difference by education level in Dubai

Certificate or Diploma
14,600 AED
Bachelor's Degree+58%
23,100 AED
Master's Degree+39%
32,100 AED
Percentage increase and decrease are relative to the previous value

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 97,900 UAE Dirham(s) to 294,000 UAE Dirham(s) 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 into a higher paying job. The numbers seem to support the thoery. 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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External Auditor Salary Comparison By Gender

Salary comparison by gender monthly United Arab Emirates External Auditor
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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? Male External Auditor employees in United Arab Emirates earn 5% more than their female counterparts on average.

Male
19,200 AED
Female-5%
18,300 AED
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in United Arab Emirates for all Careers

Salary comparison by gender monthly United Arab Emirates
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External Auditor Average Annual Salary Increment Percentage in United Arab Emirates

How much are annual salary increments in United Arab Emirates for External Auditor(s)? How often do employees get salary raises?

External Auditor

External Auditor(s) in United Arab Emirates are likely to observe a salary increase of approximately 11% every 17 months. The national average annual increment for all professions combined is 8% granted to employees every 17 months.

Annual Salary Increment Rate United Arab Emirates External 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.

United Arab Emirates / All Professions

The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely 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 United Arab Emirates is 6%.

Annual Increment Rate By Industry 2020

Banking
2%
Energy
4%
Information Technology
6%
Healthcare
8%
Travel
1%
Construction
3%
Education
5%

Listed above are the average annual increase rates for each industry in United Arab Emirates for the year 2020. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.


Worldwide Salary Raises: All Countries and All Jobs

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External Auditor Bonus and Incentive Rates in United Arab Emirates

How much and how often are bonuses being awarded?Annual Salary Bonus Rate United Arab Emirates External Auditor
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An External Auditor is considered to be a moderate bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

45% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 55% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.

Received Bonus
55%
No Bonus
45%

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.

External Auditor Average Hourly Wage in Dubai


130 AED per hour

The average hourly wage (pay per hour) in Dubai is 130 AED. This means that the average External Auditor in Dubai earns approximately 130 AED for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

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 fix 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.

External Auditor VS Other Jobs

Salary Comparison Between External Auditor and Accounting and Finance monthly Dubai
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The average salary for External Auditor is 1% more than that of Accounting and Finance. Also, Accounting and Finance salaries are 3% more than those of All Jobs.

Dubai VS United Arab Emirates

Salary Comparison Between Dubai and United Arab Emirates monthly External Auditor
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We compared External Auditor salaries in Dubai and United Arab Emirates and we found that Dubai salaries are 20% more than those of United Arab Emirates.

Salary comparison with similar jobs

Job TitleAverage Salary
Account Examiner10,900 AED-52%
Account Executive19,400 AED-14%
Accountant14,800 AED-34%
Accounting Assistant11,700 AED-48%
Accounting Associate11,000 AED-51%
Accounting Clerk8,890 AED-61%
Accounting Coordinator13,200 AED-41%
Accounting Manager32,400 AED+44%
Accounting Supervisor20,800 AED-8%
Accounting Technician10,900 AED-52%
Accounts Executive18,700 AED-17%
Accounts Payable and Receivable Specialist15,000 AED-33%
Accounts Payable Clerk11,100 AED-51%
Accounts Payable Manager31,700 AED+41%
Accounts Receivable Clerk10,600 AED-53%
Accounts Receivable Manager29,700 AED+32%
Assistant Accounting Manager30,400 AED+35%
Assistant Auditor14,500 AED-36%
Audit Supervisor28,800 AED+28%
Auditing Clerk11,900 AED-47%
Auditing Manager33,000 AED+47%
Billing Coordinator14,200 AED-37%
Billing Specialist16,400 AED-27%
Billing Supervisor23,500 AED+4%
Bookkeeper9,880 AED-56%
Bookkeeping Specialist15,100 AED-33%
Budget Analyst27,900 AED+24%
Budget Manager31,300 AED+39%
Business Support Analyst16,500 AED-27%
Capital Markets Associate22,500 AED-0%
Cash Flow Analyst23,300 AED+4%
Cash Management Officer18,400 AED-18%
Cashbook Clerk9,900 AED-56%
Chartered Accountant19,100 AED-15%
Collections Clerk9,400 AED-58%
Collections Specialist15,600 AED-31%
Corporate Treasurer30,000 AED+33%
Cost Accountant15,200 AED-32%
Cost Accounting Manager32,000 AED+42%
Cost Analyst23,600 AED+5%
Credit and Collection Manager30,300 AED+35%
Credit and Collection Staff10,900 AED-52%
Credit and Loans Officer10,500 AED-53%
Credit Controller21,000 AED-7%
Debt Adviser25,900 AED+15%
Debt Collector12,500 AED-44%
Debtors Clerk10,000 AED-56%
Deputy CFO44,100 AED+96%
Derivative Trader26,200 AED+16%
Escrow Assistant13,900 AED-38%
External Auditor22,500 AED-0%
Finance Associate13,500 AED-40%
Finance Executive34,600 AED+54%
Finance Licensing Clerk11,200 AED-50%
Finance Licensing Manager28,900 AED+28%
Finance Licensing Specialist16,400 AED-27%
Finance Officer14,000 AED-38%
Finance President48,800 AED+120%
Finance Relationship Manager34,700 AED+54%
Finance Release Analyst17,900 AED-20%
Finance Team Leader 34,300 AED+52%
Financial Actuary24,000 AED+7%
Financial Administrator25,600 AED+14%
Financial Analyst27,800 AED+24%
Financial Applications Specialist18,900 AED-16%
Financial Assistant12,200 AED-46%
Financial Associate11,800 AED-48%
Financial Claims Analyst20,800 AED-8%
Financial Claims Manager28,500 AED+27%
Financial Commercial Analyst22,300 AED-1%
Financial Compliance Analyst25,300 AED+12%
Financial Consultant20,100 AED-11%
Financial Controller25,600 AED+14%
Financial Coordinator13,500 AED-40%
Financial Customer Service Manager29,400 AED+31%
Financial Dealer and Broker15,900 AED-29%
Financial Encoder12,200 AED-46%
Financial Manager45,600 AED+100%
Financial Operations Manager40,800 AED+81%
Financial Policy Analyst24,600 AED+9%
Financial Project Manager33,200 AED+47%
Financial Quantitative Analyst26,700 AED+19%
Financial Reporting Consultant21,800 AED-3%
Financial Reporting Manager30,500 AED+36%
Financial Services Sales Agent16,000 AED-29%
Fixed Assets Administrator16,100 AED-28%
Forensic Accountant17,100 AED-24%
Fraud Detection Supervisor18,200 AED-19%
Fraud Prevention Manager31,400 AED+39%
Fund Accountant14,700 AED-35%
Grants Coordinator11,400 AED-49%
Internal Auditor19,900 AED-12%
Internal Control Adviser23,400 AED+4%
Internal Control Officer12,900 AED-43%
Inventory Accountant15,300 AED-32%
Investment Analyst29,700 AED+32%
Investment Fund Manager36,300 AED+61%
Investment Underwriter12,300 AED-45%
Investor20,400 AED-9%
Investor Relations Manager30,000 AED+33%
KYC Team Leader30,900 AED+37%
Management Economist34,800 AED+55%
Paymaster12,100 AED-46%
Payroll Clerk13,700 AED-39%
Payroll Manager27,700 AED+23%
Pensions Administrator15,400 AED-32%
Pricing Analyst25,000 AED+11%
Private Equity Analyst26,700 AED+19%
Proposal Development Coordinator12,800 AED-43%
Receivables Accountant14,600 AED-35%
Regulatory Accountant16,500 AED-27%
Retirement Plan Analyst23,700 AED+5%
Revenue Management Specialist25,400 AED+13%
Revenue Recognition Analyst29,000 AED+29%
Risk Management Director37,800 AED+68%
Risk Management Supervisor31,700 AED+41%
Tax Accountant14,200 AED-37%
Tax Advisor23,100 AED+3%
Tax Associate13,000 AED-42%
Tax Manager30,400 AED+35%
Teller8,730 AED-61%
Treasury Accountant15,900 AED-29%
Treasury Analyst25,200 AED+12%
Underwriter10,700 AED-52%
Underwriting Assistant9,270 AED-59%
Vice President of Finance41,400 AED+84%

Salary Comparison By City

CityAverage Salary
Abu Dhabi20,100 AED
Ajman19,600 AED
Al Ain19,300 AED
Dubai22,500 AED
Fujairah17,800 AED
Ras Al Khaimah19,500 AED
Sharjah20,500 AED
Um Al Quiwain18,000 AED

Government vs Private Sector Salary Comparison

Where can you get paid more, working for a private company or for the government? Public sector employees in United Arab Emirates earn 6% more than their private sector counterparts on average across all sectors.

Private Sector
18,900 AED
Public Sector+6%
20,100 AED
Percentage increase and decrease are relative to the previous value

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