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FINANCE & BANKING / SALARY
Average Salary - Finance & Banking / Malawi MALAWI


SALARY SURVEYS

8

UPDATED
June 2022
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AVERAGE SALARY / YEAR MOST TYPICAL SALARY / YEAR
Gross income
Net (after tax)

1008.26 MWK = 1 USD

16,599,026 MWK

$16,463 USD

7,057,837 MWK

$7,000 USD

Average Salary / Finance & Banking / Malawi

Average salary for Finance & Banking / Malawi is 16,599,026 MWK per year. The most typical earning is 7,057,837 MWK. All data are based on 8 salary surveys. Salaries are different between men and women. Men receive an average salary of 16,535,505 MWK. Women receive a salary of 16,938,810 MWK.

Based on education, the highest salaries receive people with Masters Degree with salary of 25,609,868 MWK. The second most paid education level is Bachelors Degree with salary of 11,090,887 MWK.

Different experiences affect earning as well. People with 12-16 Years of experience receive salary of 35,692,493 MWK. Employees with 4-8 Years of experience receive 21,677,644 MWK.

Levels / Finance & Banking / Malawi (Gross MWK)

Salary Levels (MWK) per Year Surveys [%]
1,008,300 MWK - 2,015,499 MWK
0 n/a
2,016,500 MWK - 3,023,799 MWK
1 100%
12.5%
3,024,800 MWK - 5,040,299 MWK
1 87.5%
12.5%
THE MOST TYPICAL SALARY
5,041,300 MWK - 10,081,599 MWK
2 75%
25%
10,082,600 MWK - 15,122,899 MWK
0 n/a
15,123,900 MWK - 20,164,199 MWK
2 50%
25%
20,165,300 MWK - 25,205,599 MWK
0 n/a
25,206,600 MWK - 30,246,899 MWK
1 25%
12.5%
30,247,900 MWK - 35,288,199 MWK
0 n/a
35,289,200 MWK - 40,329,499 MWK
0 n/a
40,330,500 MWK - 45,370,799 MWK
0 n/a
45,371,800 MWK - 50,412,099 MWK
0 n/a
50,413,100 MWK - 55,453,399 MWK
1 12.5%
12.5%
55,454,400 MWK - 60,494,699 MWK
0 n/a
60,495,800 MWK - 65,536,099 MWK
0 n/a
65,537,100 MWK - 70,577,399 MWK
0 n/a
70,578,400 MWK - 75,618,699 MWK
0 n/a
75,619,700 MWK - 80,659,999 MWK
0 n/a
80,661,000 MWK - 85,701,299 MWK
0 n/a
85,702,300 MWK - 90,742,599 MWK
0 n/a
90,743,600 MWK - 95,783,899 MWK
0 n/a
95,784,900 MWK - 100,825,199 MWK
0 n/a
100,826,300 MWK - 105,866,599 MWK
0 n/a
105,867,600 MWK - 110,907,899 MWK
0 n/a
110,908,900 MWK - 115,949,199 MWK
0 n/a
115,950,200 MWK - 120,990,499 MWK
0 n/a
120,991,500 MWK - 126,031,799 MWK
0 n/a
126,032,800 MWK - 131,073,099 MWK
0 n/a
131,074,100 MWK - 136,114,399 MWK
0 n/a
136,115,400 MWK - 141,155,699 MWK
0 n/a
141,156,800 MWK - 146,197,099 MWK
0 n/a
146,198,100 MWK - 151,238,399 MWK
0 n/a
HIGH SALARIES
151,239,400 MWK - 161,320,999 MWK
0 n/a
161,322,000 MWK - 171,403,599 MWK
0 n/a
171,404,600 MWK - 181,486,199 MWK
0 n/a
181,487,300 MWK - 191,568,899 MWK
0 n/a
191,569,900 MWK - 201,651,499 MWK
0 n/a
201,652,500 MWK - 211,734,099 MWK
0 n/a
211,735,100 MWK - 221,816,799 MWK
0 n/a
221,817,800 MWK - 231,899,399 MWK
0 n/a
231,900,400 MWK - 241,981,999 MWK
0 n/a
241,983,000 MWK - 252,064,599 MWK
0 n/a
252,065,600 MWK - 352,891,899 MWK
0 n/a

Gender / Finance & Banking / Malawi (Gross MWK)

# Surveys AVERAGE SALARY / YEAR
1 Women 1 16,938,810 MWK
2 Men 7 16,535,505 MWK

Education / Finance & Banking / Malawi (Gross MWK)

# Surveys AVERAGE SALARY / YEAR
1 Masters Degree 4 25,609,868 MWK
2 Bachelors Degree 2 11,090,887 MWK
3 Some College 2 4,033,050 MWK

Experience / Finance & Banking / Malawi (Gross MWK)

# Surveys AVERAGE SALARY / YEAR
1 12-16 Years 2 35,692,493 MWK
2 4-8 Years 2 21,677,644 MWK
3 8-12 Years 1 5,545,443 MWK
4 2-4 Years 3 4,234,702 MWK

Age / Finance & Banking / Malawi (Gross MWK)

# Surveys AVERAGE SALARY / YEAR
1 36-40 3 25,609,868 MWK
2 21-25 2 14,418,154 MWK
3 26-30 3 8,973,536 MWK

Work Type / Finance & Banking / Malawi (Gross MWK)

# Surveys AVERAGE SALARY / YEAR
1 Contract 1 53,236,262 MWK
2 Permanent 7 11,393,366 MWK

Cities / Finance & Banking / Malawi (Gross MWK)

# Surveys AVERAGE SALARY / YEAR
1 --Other-- 3 20,467,729 MWK
2 Lilongwe 5 14,317,328 MWK

Careers / Finance & Banking / Malawi (Gross MWK)

# Surveys AVERAGE SALARY / YEAR
1 MBA 3 28,433,003 MWK
2 Banks 1 18,047,899 MWK
3 Economist 1 16,938,810 MWK
4 Bank Cashier Lead 1 5,545,443 MWK
5 Finance Manager 1 4,133,876 MWK
6 Bank Cashier 1 2,621,482 MWK

People's individual salary examples (surveys)

Officer
Posted 04 February 2021
City Education Experience Knowledge Gross salary / year
--Other-- Bachelors Degree 12-16 Years n/a 18,096,300 MWK

Mobile Money Intergrations Analyst
Posted 10 October 2019
City Education Experience Knowledge Gross salary / year
--Other-- Masters Degree 4-8 Years n/a 26,297,500 MWK

Bank Teller
Posted 23 August 2019
City Education Experience Knowledge Gross salary / year
Lilongwe Some College 2-4 Years n/a 2,623,500 MWK

Team Leader
Posted 19 August 2019
City Education Experience Knowledge Gross salary / year
Lilongwe Some College 8-12 Years n/a 5,536,400 MWK

Assistant
Posted 26 June 2019
City Education Experience Knowledge Gross salary / year
Lilongwe Bachelors Degree 2-4 Years n/a 4,152,000 MWK

Economist
Posted 12 April 2018
City Education Experience Knowledge Gross salary / year
--Other-- Masters Degree 4-8 Years n/a 16,957,000 MWK

Financial Analyst
Posted 08 August 2017
City Education Experience Knowledge Gross salary / year
Lilongwe Masters Degree 2-4 Years n/a 5,922,500 MWK


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