FINANCE & BANKING / SALARY
MACEDONIA

SALARY SURVEYS

6

UPDATED
April 2024
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AVERAGE SALARY / YEAR		MOST TYPICAL SALARY / YEAR		Gross income Net (after tax) 55.81 MKD = 1 USD
1,825,390 MKD $32,708 USD		390,660 MKD $7,000 USD		Gross income Net (after tax) 55.81 MKD = 1 USD

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Average Salary / Finance & Banking / Macedonia

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Average salary for Finance & Banking / Macedonia is 1,825,390 MKD per year. The most typical earning is 390,660 MKD. All data are based on 6 salary surveys. Salaries are different between men and women. Men receive an average salary of 2,282,575 MKD. Women receive a salary of 915,262 MKD.

Based on education, the highest salaries receive people with Masters Degree with salary of 2,170,957 MKD. The second most paid education level is Bachelors Degree with salary of 1,138,497 MKD.

Different experiences affect earning as well. People with 4-8 Years of experience receive salary of 2,773,691 MKD. Employees with 8-12 Years of experience receive 1,138,497 MKD.

Levels / Finance & Banking / Macedonia (Gross MKD)

Salary Levels (MKD) per Year	Surveys	[%]
55,800 MKD - 111,599 MKD	0	n/a
111,600 MKD - 167,399 MKD	0	n/a
167,400 MKD - 278,999 MKD	0	n/a
THE MOST TYPICAL SALARY
279,000 MKD - 557,999 MKD	1	100% 16.67%
558,100 MKD - 837,099 MKD	1	83.33% 16.67%
837,100 MKD - 1,116,099 MKD	1	66.67% 16.67%
1,116,200 MKD - 1,395,199 MKD	1	50% 16.67%
1,395,200 MKD - 1,674,199 MKD	0	n/a
1,674,300 MKD - 1,953,199 MKD	0	n/a
1,953,300 MKD - 2,232,299 MKD	0	n/a
2,232,300 MKD - 2,511,299 MKD	0	n/a
2,511,400 MKD - 2,790,399 MKD	0	n/a
2,790,400 MKD - 3,069,399 MKD	0	n/a
3,069,500 MKD - 3,348,499 MKD	0	n/a
3,348,500 MKD - 3,627,499 MKD	0	n/a
3,627,600 MKD - 3,906,599 MKD	1	33.33% 16.67%
3,906,600 MKD - 4,185,599 MKD	1	16.67% 16.67%
4,185,700 MKD - 4,464,599 MKD	0	n/a
4,464,700 MKD - 4,743,699 MKD	0	n/a
4,743,700 MKD - 5,022,699 MKD	0	n/a
5,022,800 MKD - 5,301,799 MKD	0	n/a
5,301,800 MKD - 5,580,799 MKD	0	n/a
5,580,900 MKD - 5,859,899 MKD	0	n/a
5,859,900 MKD - 6,138,899 MKD	0	n/a
6,139,000 MKD - 6,417,899 MKD	0	n/a
6,418,000 MKD - 6,696,999 MKD	0	n/a
6,697,000 MKD - 6,975,999 MKD	0	n/a
6,976,100 MKD - 7,255,099 MKD	0	n/a
7,255,100 MKD - 7,534,099 MKD	0	n/a
7,534,200 MKD - 7,813,199 MKD	0	n/a
7,813,200 MKD - 8,092,199 MKD	0	n/a
8,092,300 MKD - 8,371,199 MKD	0	n/a
HIGH SALARIES
8,371,300 MKD - 8,929,299 MKD	0	n/a
8,929,400 MKD - 9,487,399 MKD	0	n/a
9,487,500 MKD - 10,045,499 MKD	0	n/a
10,045,600 MKD - 10,603,599 MKD	0	n/a
10,603,700 MKD - 11,161,699 MKD	0	n/a
11,161,700 MKD - 11,719,799 MKD	0	n/a
11,719,800 MKD - 12,277,899 MKD	0	n/a
12,277,900 MKD - 12,835,899 MKD	0	n/a
12,836,000 MKD - 13,393,999 MKD	0	n/a
13,394,100 MKD - 13,952,099 MKD	0	n/a
13,952,200 MKD - 19,532,999 MKD	0	n/a

Gender / Finance & Banking / Macedonia (Gross MKD)

#		Surveys		AVERAGE SALARY / YEAR
1	Men	4	2,282,575 MKD
2	Women	2	915,262 MKD

Education / Finance & Banking / Macedonia (Gross MKD)

#		Surveys		AVERAGE SALARY / YEAR
1	Masters Degree	4	2,170,957 MKD
2	Bachelors Degree	2	1,138,497 MKD

Experience / Finance & Banking / Macedonia (Gross MKD)

#		Surveys
1	4-8 Years	3	2,773,691 MKD
2	8-12 Years	2	1,138,497 MKD
3	0-1 Year	1	362,756 MKD

Age / Finance & Banking / Macedonia (Gross MKD)

#		Surveys
1	26-30	2	3,873,122 MKD
2	31-35	3	948,747 MKD
3	21-25	1	362,756 MKD

Work Type / Finance & Banking / Macedonia (Gross MKD)

#		Surveys		AVERAGE SALARY / YEAR
1	Permanent	5	2,120,730 MKD
2	Contract	1	362,756 MKD

Cities / Finance & Banking / Macedonia (Gross MKD)

#		Surveys		AVERAGE SALARY / YEAR
1	Tetovo	2	3,873,122 MKD
2	--Other--	4	803,645 MKD

Careers / Finance & Banking / Macedonia (Gross MKD)

#		Surveys
1	Investment Manager	1	3,778,248 MKD
2	Finance Manager	2	2,494,648 MKD
3	Bank Manager	1	1,261,276 MKD
4	Risk Analyst	1	569,248 MKD
5	Bank Cashier	1	362,756 MKD

People's individual salary examples (surveys)

Payment Officer

Posted 03 April 2019
Key knowledge and tasks

"Payment operations, western union."

City	Education	Experience	Knowledge	Gross salary / year
--Other--	Masters Degree	0-1 Year	n/a	361,200 MKD

Investment Manager

Posted 27 December 2018
Key knowledge and tasks

"I provide financial advice and services to private and corporate clients about a range of investment matters, including buying and selling investment trusts and shares or bonds, to help these clients invest their money in the best places."

City	Education	Experience	Knowledge	Gross salary / year
Tetovo	Masters Degree	4-8 Years	n/a	3,775,600 MKD

Finance Manager

Posted 27 August 2018
Key knowledge and tasks

"I finance the managment."

City	Education	Experience	Knowledge	Gross salary / year
Tetovo	Masters Degree	4-8 Years	n/a	3,972,700 MKD

Compliance & Aml Associate

Posted 04 June 2018
Key knowledge and tasks

"Obligation for publication of the Official Gazette in the Republic of Macedonia 
* Submission of an email with a brief explanation of the current legislation of the Official Gazette for application or implementation of the necessary regulative for the purpose of Compliance 
* Checking/updating risk sanctions List, regarding banking and other legislation 
* Provide contributions to the development, implementation and enforcement of policy, procedures and programs designed to mitigate risk for the bank
* Apply KYC Procedure and performing a scoring analyzes for the clients 
* Conducting CDD/EDD on assigned new clients in all risk classes (Low -High Risk), executing the firm’s obligations as a regulated entity and following the highest CDD and onboarding standards to protect the interests of the firm, clients and customers
* Investigating and assessing alerts relating to potential ML&FT risks in the organization;
* Preparation of reports (on demand) and delivering them to the competent institutions
* Monitoring of the cash and related transactions (on a daily base), produce reports and deliver them to the FIU
* Managing Black lists (OFAK, UN and EU) for the purpose of the KYC procedure and CDD reports, etc. 
Ensuring an efficient and appropriate reaction to any matter in which money laundering or terrorist financing is suspected, raised or flagged for AML
* Experience with ASSEBA AML software, working alongside compliance and IT colleagues to vet and implement the most suitable technology and platforms for surveillance
* Preparation of STR/SAR reports and send them to the FIU."

City	Education	Experience	Knowledge	Gross salary / year
--Other--	Masters Degree	4-8 Years	n/a	568,700 MKD

FINANCE & BANKING / SALARY MACEDONIA

6

1,825,390 MKD

390,660 MKD