FINANCE & BANKING / SALARY
ZAMBIA

SALARY SURVEYS

8

UPDATED
April 2024
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AVERAGE SALARY / YEAR

MOST TYPICAL SALARY / YEAR

Gross income

Net (after tax)

9001.19 ZMK = 1 USD

614,484,331 ZMK

$68,267 USD

Lusaka

662,676,710 ZMK

153,020,253 ZMK

$17,000 USD

Including "Lusaka"

Excluding "Lusaka"

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Average Salary / Finance & Banking / Zambia

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Average salary for Finance & Banking / Zambia is 614,484,331 ZMK per year. The most typical earning is 153,020,253 ZMK. All data are based on 8 salary surveys. Salaries are different between men and women. Men receive an average salary of 531,070,291 ZMK. Women receive a salary of 754,299,837 ZMK.

Based on education, the highest salaries receive people with Masters Degree with salary of 754,299,837 ZMK. The second most paid education level is Bachelors Degree with salary of 530,170,171 ZMK.

Different experiences affect earning as well. People with 20+ Years of experience receive salary of 1,659,819,689 ZMK. Employees with 12-16 Years of experience receive 1,125,148,921 ZMK.

Levels / Finance & Banking / Zambia (Gross ZMK)

Salary Levels (ZMK) per Year	Surveys	[%]
9,001,200 ZMK - 17,993,399 ZMK	0	n/a
18,002,400 ZMK - 26,994,599 ZMK	0	n/a
27,003,600 ZMK - 44,996,999 ZMK	0	n/a
45,006,000 ZMK - 90,002,899 ZMK	0	n/a
90,011,900 ZMK - 135,008,899 ZMK	0	n/a
THE MOST TYPICAL SALARY
135,017,900 ZMK - 180,014,799 ZMK	3	100% 37.5%
180,023,800 ZMK - 225,020,799 ZMK	0	n/a
225,029,800 ZMK - 270,026,699 ZMK	1	62.5% 12.5%
270,035,700 ZMK - 315,032,699 ZMK	1	50% 12.5%
315,041,700 ZMK - 360,038,699 ZMK	0	n/a
360,047,700 ZMK - 405,044,599 ZMK	0	n/a
405,053,600 ZMK - 450,050,599 ZMK	1	37.5% 12.5%
450,059,600 ZMK - 495,056,499 ZMK	0	n/a
495,065,500 ZMK - 540,062,499 ZMK	0	n/a
540,071,500 ZMK - 585,068,399 ZMK	0	n/a
585,077,400 ZMK - 630,074,399 ZMK	0	n/a
630,083,400 ZMK - 675,080,399 ZMK	0	n/a
675,089,400 ZMK - 720,086,299 ZMK	0	n/a
720,095,300 ZMK - 765,092,299 ZMK	0	n/a
765,101,300 ZMK - 810,098,199 ZMK	0	n/a
810,107,200 ZMK - 855,104,199 ZMK	0	n/a
855,113,200 ZMK - 900,110,099 ZMK	0	n/a
900,119,100 ZMK - 945,116,099 ZMK	0	n/a
945,125,100 ZMK - 990,121,999 ZMK	0	n/a
990,131,100 ZMK - 1,035,127,999 ZMK	0	n/a
1,035,137,000 ZMK - 1,080,133,999 ZMK	0	n/a
1,080,143,000 ZMK - 1,125,139,899 ZMK	0	n/a
1,125,148,900 ZMK - 1,170,145,899 ZMK	0	n/a
1,170,154,900 ZMK - 1,215,151,799 ZMK	0	n/a
1,215,160,800 ZMK - 1,260,157,799 ZMK	0	n/a
1,260,166,800 ZMK - 1,305,163,699 ZMK	0	n/a
1,305,172,700 ZMK - 1,350,169,699 ZMK	0	n/a
HIGH SALARIES
1,350,178,700 ZMK - 1,440,181,599 ZMK	0	n/a
1,440,190,600 ZMK - 1,530,193,499 ZMK	0	n/a
1,530,202,500 ZMK - 1,620,205,399 ZMK	0	n/a
1,620,214,400 ZMK - 1,710,217,399 ZMK	1	25% 12.5%
1,710,226,400 ZMK - 1,800,229,299 ZMK	1	12.5% 12.5%
1,800,238,300 ZMK - 1,890,241,199 ZMK	0	n/a
1,890,250,200 ZMK - 1,980,253,099 ZMK	0	n/a
1,980,262,100 ZMK - 2,070,264,999 ZMK	0	n/a
2,070,274,000 ZMK - -2147483601 ZMK	0	n/a
-2147483600 ZMK - -2147483601 ZMK	0	n/a
-2147483600 ZMK - -2147483601 ZMK	0	n/a

Gender / Finance & Banking / Zambia (Gross ZMK)

#		Surveys		AVERAGE SALARY / YEAR
1	Women	3	754,299,837 ZMK
2	Men	5	531,070,291 ZMK

Education / Finance & Banking / Zambia (Gross ZMK)

#		Surveys		AVERAGE SALARY / YEAR
1	Masters Degree	3	754,299,837 ZMK
2	Bachelors Degree	5	530,170,171 ZMK

Experience / Finance & Banking / Zambia (Gross ZMK)

#		Surveys
1	20+ Years	1	1,659,819,689 ZMK
2	12-16 Years	2	1,125,148,921 ZMK
3	8-12 Years	3	226,830,022 ZMK
4	0-1 Year	2	162,921,563 ZMK

Age / Finance & Banking / Zambia (Gross ZMK)

#		Surveys
1	51-55	1	1,659,819,689 ZMK
2	36-40	2	1,025,235,697 ZMK
3	41-45	1	450,059,568 ZMK
4	31-35	2	215,128,473 ZMK
5	26-30	2	162,921,563 ZMK

Work Type / Finance & Banking / Zambia (Gross ZMK)

#		Surveys		AVERAGE SALARY / YEAR
1	Contract	2	1,125,148,921 ZMK
2	Permanent	6	444,658,853 ZMK

Cities / Finance & Banking / Zambia (Gross ZMK)

#		Surveys		AVERAGE SALARY / YEAR
1	Lusaka	7	662,487,685 ZMK
2	Kitwe	1	277,236,694 ZMK

Careers / Finance & Banking / Zambia (Gross ZMK)

#		Surveys
1	Banks	1	1,659,819,689 ZMK
2	Bank Manager	2	1,038,737,484 ZMK
3	Finance Manager	2	350,146,344 ZMK
4	Risk Manager	1	171,922,755 ZMK
5	Economist	1	153,920,372 ZMK
6	Risk Analyst	1	153,020,253 ZMK

People's individual salary examples (surveys)

Branch Manager

Posted 22 March 2021
Key knowledge and tasks

"Managing branch. Sales, operations, people management."

City	Education	Experience	Knowledge	Gross salary / year
Kitwe	Bachelors Degree	8-12 Years	n/a	277,191,700 ZMK

Tele-collector

Posted 30 November 2020
Key knowledge and tasks

"Bachelor's degree."

City	Education	Experience	Knowledge	Gross salary / year
Lusaka	Bachelors Degree	8-12 Years	n/a	152,759,200 ZMK

Finance And Admin Manager

Posted 24 February 2019
Key knowledge and tasks

"Day to day requirements of finance department- Supervision on accounting and admin staff."

City	Education	Experience	Knowledge	Gross salary / year
Lusaka	Masters Degree	12-16 Years	n/a	449,996,600 ZMK

Chief Executive Officer

Posted 23 October 2018
Key knowledge and tasks

"Solid 15 years of banking and microfinance experinece in Central Asia, Caucasus and Africa. Managing big number of staff close to 500 and assets of more tha 40 mln USD."

City	Education	Experience	Knowledge	Gross salary / year
Lusaka	Bachelors Degree	12-16 Years	n/a	1,799,995,200 ZMK

Big Dick

Posted 19 October 2018
Key knowledge and tasks

"Make money for everyone."

City	Education	Experience	Knowledge	Gross salary / year
Lusaka	Bachelors Degree	8-12 Years	n/a	249,999,100 ZMK

FINANCE & BANKING / SALARY ZAMBIA

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