FINANCE & BANKING / SALARY
UGANDA

SALARY SURVEYS

21

UPDATED
April 2024
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AVERAGE SALARY / YEAR		MOST TYPICAL SALARY / YEAR		Gross income Net (after tax) 3792.74 UGX = 1 USD
83,941,015 UGX $22,132 USD		15,170,976 UGX $4,000 USD		Gross income Net (after tax) 3792.74 UGX = 1 USD

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Average Salary / Finance & Banking / Uganda

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Average salary for Finance & Banking / Uganda is 83,941,015 UGX per year. The most typical earning is 15,170,976 UGX. All data are based on 21 salary surveys. Salaries are different between men and women. Men receive an average salary of 87,991,666 UGX. Women receive a salary of 86,474,568 UGX.

Based on education, the highest salaries receive people with Masters Degree with salary of 127,436,206 UGX. The second most paid education level is Bachelors Degree with salary of 57,649,712 UGX.

Different experiences affect earning as well. People with 20+ Years of experience receive salary of 258,285,882 UGX. Employees with 12-16 Years of experience receive 173,707,686 UGX.

Levels / Finance & Banking / Uganda (Gross UGX)

Salary Levels (UGX) per Year	Surveys	[%]
3,792,700 UGX - 7,581,699 UGX	0	n/a
7,585,500 UGX - 11,374,399 UGX	0	n/a
THE MOST TYPICAL SALARY
11,378,200 UGX - 18,959,899 UGX	6	100% 28.57%
18,963,700 UGX - 37,923,599 UGX	2	71.43% 9.52%
37,927,400 UGX - 56,887,399 UGX	4	61.9% 19.05%
56,891,200 UGX - 75,851,099 UGX	2	42.86% 9.52%
75,854,900 UGX - 94,814,799 UGX	1	33.33% 4.76%
94,818,600 UGX - 113,778,499 UGX	0	n/a
113,782,300 UGX - 132,742,299 UGX	1	28.57% 4.76%
132,746,000 UGX - 151,705,999 UGX	0	n/a
151,709,800 UGX - 170,669,699 UGX	0	n/a
170,673,500 UGX - 189,633,399 UGX	2	23.81% 9.52%
189,637,200 UGX - 208,597,099 UGX	0	n/a
208,600,900 UGX - 227,560,899 UGX	1	14.29% 4.76%
227,564,700 UGX - 246,524,599 UGX	0	n/a
246,528,400 UGX - 265,488,299 UGX	2	9.52% 9.52%
265,492,100 UGX - 284,451,999 UGX	0	n/a
284,455,800 UGX - 303,415,699 UGX	0	n/a
303,419,500 UGX - 322,379,499 UGX	0	n/a
322,383,300 UGX - 341,343,199 UGX	0	n/a
341,347,000 UGX - 360,306,899 UGX	0	n/a
360,310,700 UGX - 379,270,599 UGX	0	n/a
379,274,400 UGX - 398,234,399 UGX	0	n/a
398,238,100 UGX - 417,198,099 UGX	0	n/a
417,201,900 UGX - 436,161,799 UGX	0	n/a
436,165,600 UGX - 455,125,499 UGX	0	n/a
455,129,300 UGX - 474,089,199 UGX	0	n/a
474,093,000 UGX - 493,052,999 UGX	0	n/a
493,056,800 UGX - 512,016,699 UGX	0	n/a
512,020,500 UGX - 530,980,399 UGX	0	n/a
530,984,200 UGX - 549,944,099 UGX	0	n/a
549,947,900 UGX - 568,907,799 UGX	0	n/a
HIGH SALARIES
568,911,600 UGX - 606,835,299 UGX	0	n/a
606,839,100 UGX - 644,762,699 UGX	0	n/a
644,766,500 UGX - 682,690,199 UGX	0	n/a
682,694,000 UGX - 720,617,599 UGX	0	n/a
720,621,400 UGX - 758,545,099 UGX	0	n/a
758,548,800 UGX - 796,472,499 UGX	0	n/a
796,476,300 UGX - 834,399,899 UGX	0	n/a
834,403,700 UGX - 872,327,399 UGX	0	n/a
872,331,200 UGX - 910,254,799 UGX	0	n/a
910,258,600 UGX - 948,182,299 UGX	0	n/a
948,186,100 UGX - 1,327,460,499 UGX	0	n/a

Gender / Finance & Banking / Uganda (Gross UGX)

#		Surveys		AVERAGE SALARY / YEAR
1	Men	13	87,991,666 UGX
2	Women	7	86,474,568 UGX

Education / Finance & Banking / Uganda (Gross UGX)

#		Surveys
1	Masters Degree	8	127,436,206 UGX
2	Bachelors Degree	12	57,649,712 UGX
3	High School	1	53,098,419 UGX

Experience / Finance & Banking / Uganda (Gross UGX)

#		Surveys
1	20+ Years	1	258,285,882 UGX
2	12-16 Years	1	173,707,686 UGX
3	16-20 Years	3	152,089,043 UGX
4	4-8 Years	5	76,234,159 UGX
5	8-12 Years	3	70,924,317 UGX
6	2-4 Years	5	36,789,619 UGX
7	1-2 Years	3	31,859,051 UGX

Age / Finance & Banking / Uganda (Gross UGX)

#		Surveys
1	76-99	1	258,285,882 UGX
2	46-50	2	201,773,993 UGX
3	36-40	2	113,403,052 UGX
4	26-30	8	69,027,945 UGX
5	31-35	5	50,064,223 UGX
6	21-25	2	29,204,130 UGX
7	n/a	1	13,653,879 UGX

Work Type / Finance & Banking / Uganda (Gross UGX)

#		Surveys
1	Permanent	14	91,784,410 UGX
2	Contract	5	80,785,452 UGX
3	Self Employed	2	36,031,070 UGX

Cities / Finance & Banking / Uganda (Gross UGX)

#		Surveys		AVERAGE SALARY / YEAR
1	--Other--	2	147,537,750 UGX
2	Kampala	19	77,371,982 UGX

Careers / Finance & Banking / Uganda (Gross UGX)

#		Surveys
1	MBA	1	252,976,040 UGX
2	Financial Adviser	1	223,013,361 UGX
3	Bank Manager	2	216,186,421 UGX
4	Finance Manager	1	120,988,541 UGX
5	Other Finance Career	3	71,682,866 UGX
6	Financial Analyst	6	53,098,419 UGX
7	Risk Analyst	1	51,202,047 UGX
8	Financial Accountant	1	42,478,735 UGX
9	Banks	1	41,340,912 UGX
10	Financial Coordinator	1	17,825,897 UGX
11	Risk Manager	1	17,067,349 UGX
12	Bank Cashier	1	16,688,074 UGX
13	Mortgage Underwriter	1	13,653,879 UGX

People's individual salary examples (surveys)

Consultant

Posted 23 September 2021
Key knowledge and tasks

"Accounting, Finance, Business, Project & Investment Consulting."

City	Education	Experience	Knowledge	Gross salary / year
Kampala	Bachelors Degree	2-4 Years	Expert	18,667,900 UGX

Affluent Manager

Posted 18 September 2021
Key knowledge and tasks

"Banking, relationship management."

City	Education	Experience	Knowledge	Gross salary / year
Kampala	Bachelors Degree	1-2 Years	Advanced	41,485,000 UGX

Head Retail & Sme Banking

Posted 03 January 2021
Key knowledge and tasks

"Strategic planning; risk assessment, business development."

City	Education	Experience	Knowledge	Gross salary / year
Kampala	Masters Degree	12-16 Years	n/a	173,848,000 UGX

Banking Officer

Posted 29 September 2020
Key knowledge and tasks

"Receive and pay out cash. customer service. cross sell bank products."

City	Education	Experience	Knowledge	Gross salary / year
Kampala	Bachelors Degree	4-8 Years	n/a	16,707,000 UGX

Risk Manager

Posted 17 October 2019
Key knowledge and tasks

"I do reconciliations to make sure the monies sold by the service providers is what we also have
constantly n=monitor card transactions to make sure i block the suspected fraudulent accounts."

City	Education	Experience	Knowledge	Gross salary / year
Kampala	Bachelors Degree	1-2 Years	n/a	17,192,500 UGX

Sacco Management Advisor

Posted 21 July 2019
Key knowledge and tasks

"Supervisory Committee of a Major Credit Union, Accounting & Finance Officer US Air Force, Disbursing Officer US Treasury, Auditor Non-profit Organizations, Budget Analyst Government Sponsored Enterprise, ICT Specialist, Marketing Representative Computer Network Services."

City	Education	Experience	Knowledge	Gross salary / year
--Other--	Bachelors Degree	20+ Years	n/a	258,168,300 UGX

Data Analytics

Posted 15 April 2019
Key knowledge and tasks

"Business analytics."

City	Education	Experience	Knowledge	Gross salary / year
Kampala	Masters Degree	16-20 Years	n/a	180,716,700 UGX

Dealer

Posted 05 April 2019
Key knowledge and tasks

"Forex and interest rate hedges."

City	Education	Experience	Knowledge	Gross salary / year
Kampala	Masters Degree	4-8 Years	n/a	253,006,400 UGX

Investment Executive

Posted 06 March 2019
Key knowledge and tasks

"Country Head for financial institution supporting development of SMEs."

City	Education	Experience	Knowledge	Gross salary / year
Kampala	Masters Degree	16-20 Years	n/a	223,058,900 UGX

Data Analyst

Posted 28 August 2018
Key knowledge and tasks

"Design dashboards, data modelling, Mining and Visualization."

City	Education	Experience	Knowledge	Gross salary / year
Kampala	Bachelors Degree	2-4 Years	n/a	51,266,500 UGX

FINANCE & BANKING / SALARY UGANDA

21

83,941,015 UGX

15,170,976 UGX