Average Chief Investment Officer Salary in Marrakech, Morocco for 2024

In this article, we will look at the average Chief Investment Officer salary for 2024 in Marrakech and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Moroccan dirham. To keep things simple, we are using the MAD currency code instead of the currency symbol ุฏ.ู…..

How Much Does a Chief Investment Officer Make in Marrakech?

A Chief Investment Officer working in Marrakech will typically earn around 384,500 MAD per year, and this can range from the lowest average salary of about 192,600 MAD to the highest average salary of 595,300 MAD.

Average Annual Salary
384,500 MAD
Average Monthly Salary
32,041 MAD
Lowest Annual Salary
192,600 MAD
Lowest Monthly Salary
16,050 MAD
Highest Annual Salary
595,300 MAD
Highest Monthly Salary
49,608 MAD

These are average salaries for a Chief Investment Officer in Marrakech and include benefits such as housing and transport. It's also possible for a Chief Investment Officer to earn more or less than the average salaries shown above.

Chief Investment Officer salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Chief Investment Officer Salaries in Marrakech

So we've looked at the average salaries a Chief Investment Officer will earn in Marrakech. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Chief Investment Officer can earn between 192,600 MAD and 595,300 MAD on average in Marrakech. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Chief Investment Officer in Marrakech is 384,500 MAD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 384,500 MAD, and 50% of the population earn more than 384,500 MAD.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Chief Investment Officer salary in Marrakech, 25% of the population are earning less than 259,100 MAD while 75% of the population earn more than 259,100 MAD.

75% of the population earn less than 491,000 MAD, and 25% of the population earn more than 491,000 MAD.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Chief Investment Officer Salary by Experience Level in Marrakech

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average chief investment officer salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Chief Investment Officer in Marrakech that has less than two years of experience can expect to earn somewhere in the region of 231,000 MAD.
  • 2 - 5 Years Experience. With two to five years of experience the average Chief Investment Officer salary would increase to 307,400 MAD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Chief Investment Officer, the average salary would be 409,000 MAD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 487,600 MAD.
  • 15 - 20 Years Experience. A Chief Investment Officer with 15 to 20 years of experience can earn an average of 524,300 MAD.
  • 20+ Years Experience. For a Chief Investment Officer with more than 20 years, the expected average salary increases to 562,600 MAD.

Average Salary by Experience Chart

0-2 Years
231,000 MAD
2-5 Years +32%
307,400 MAD
5-10 Years +34%
409,000 MAD
10-15 Years +19%
487,600 MAD
15-20 Years +8%
524,300 MAD
20+ Years +7%
562,600 MAD

Chief Investment Officer Salary by Education Level in Marrakech

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Chief Investment Officer in Marrakech based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Chief Investment Officer in Marrakech with a high school education can earn an average salary of 290,800 MAD.

  • Certificate or Diploma. A Chief Investment Officer in Marrakech with a certificate or diploma education can earn an average salary of 330,700 MAD.

  • Bachelor's Degree. A Chief Investment Officer in Marrakech with a bachelor's degree education can earn an average salary of 448,500 MAD.

  • Master's Degree. A Chief Investment Officer in Marrakech with a master's degree education can earn an average salary of 562,600 MAD.

Average Salary by Education Chart

High School
290,800 MAD
Certificate or Diploma +14%
330,700 MAD
Bachelor's Degree +36%
448,500 MAD
Master's Degree +26%
562,600 MAD

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Morocco is around 97,100 to 291,000 MAD and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Chief Investment Officer Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Marrakech, a male chief investment officer will earn an average of 406,300 MAD, while a female chief investment officer will earn around 345,100 MAD.

This means that a male chief investment officer earns approximately 18% more than a female chief investment officer for performing the same job.

Average Salary by Gender Chart in Marrakech

Male
406,300 MAD
Female -18%
345,100 MAD

Chief Investment Officer Average Pay Raise in Marrakech

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Chief Investment Officer in Marrakech is around 14% every 16 months.

The national average pay raise across all professions and industries in Morocco is around 9% every 17 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 14 ÷ 16 ) × 12  = 11%

What this means is that a Chief Investment Officer in Marrakech can expect to receive an average pay raise of around 11% every 12 months.

Annual Pay Raise by Industry in Marrakech for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Morocco.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

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

Chief Investment Officer Bonus and Incentive Rates in Marrakech

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Chief Investment Officer is a high bonus based job, with 80% of employees reporting at least one bonus in the last 12 months.

20% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 6% to 8%.

Received Bonus
80%
No Bonus
20%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Morocco earn approximately 8% more than private sector employees in the same role.

Public Sector
239,300 MAD
Private Sector -8%
222,300 MAD

Salaries for Jobs Similar to a Chief Investment Officer

In the table below, we have salary information for jobs that are similar to a Chief Investment Officer in Marrakech.

Job Title Category Salary
Account Coordinator Executive and Management 228,500 MAD
Account Director Executive and Management 254,700 MAD
Account Executive Executive and Management 273,000 MAD
Account Manager Executive and Management 254,800 MAD
Administration Manager Executive and Management 263,100 MAD
Administration Officer Executive and Management 134,600 MAD
Administration Supervisor Executive and Management 216,800 MAD
Administrative Clerk Executive and Management 97,460 MAD
Administrative Officer Executive and Management 108,300 MAD
Area Director Executive and Management 253,400 MAD
Area Manager Executive and Management 252,300 MAD
Asset Protection Associate Executive and Management 273,300 MAD
Assistant Director Executive and Management 263,200 MAD
Assistant General Manager Executive and Management 282,500 MAD
Assistant Manager Executive and Management 294,700 MAD
Assistant Managing Director Executive and Management 318,800 MAD
Assistant Operations Manager Executive and Management 311,700 MAD
Assistant Project Manager Executive and Management 267,100 MAD
Assistant Section Head Executive and Management 218,900 MAD
Assistant to CEO Executive and Management 245,300 MAD
Assistant Vice President Executive and Management 279,400 MAD
Associate Account Director Executive and Management 263,200 MAD
Associate Director Executive and Management 281,500 MAD
Bid Manager Executive and Management 325,800 MAD
Branch Manager Executive and Management 301,700 MAD
Business Development Manager Executive and Management 332,100 MAD
Business Operations Associate Executive and Management 267,100 MAD
Business Operations Lead Executive and Management 290,800 MAD
Campaign Manager Executive and Management 301,700 MAD
Catering Coordinator Executive and Management 164,200 MAD
Catering Manager Executive and Management 283,400 MAD
CEO Executive and Management 531,700 MAD
Chairman of The Board Executive and Management 502,200 MAD
Chairman Office Manager Executive and Management 345,100 MAD
Chief Commercial Officer Executive and Management 361,600 MAD
Chief Corporate Officer Executive and Management 442,200 MAD
Chief Executive Officer Executive and Management 501,400 MAD
Chief Financial Officer Executive and Management 493,000 MAD
Chief of Staff Executive and Management 251,500 MAD
Chief Operating Officer Executive and Management 394,500 MAD
Chief Risk Officer Executive and Management 327,300 MAD
Client Account Manager Executive and Management 327,800 MAD
Client Accounts Officer Executive and Management 263,200 MAD
Client Services Manager Executive and Management 332,500 MAD
Commercial Director Executive and Management 354,000 MAD
Commercial Manager Executive and Management 307,400 MAD
Commercial Project Manager Executive and Management 273,000 MAD
Commodity Broker Executive and Management 210,500 MAD
COO Executive and Management 378,300 MAD
Corporate Affairs Executive Executive and Management 311,700 MAD
Corporate Compliance Director Executive and Management 325,800 MAD
Corporate Director Executive and Management 357,700 MAD
Corporate Officer Executive and Management 243,000 MAD
Corporate Partnerships Officer Executive and Management 239,000 MAD
Country Manager Executive and Management 399,900 MAD
Department Head Executive and Management 315,700 MAD
Department Manager Executive and Management 327,300 MAD
Department Supervisor Executive and Management 271,300 MAD
Deputy Director Executive and Management 385,300 MAD
Deputy Manager Executive and Management 369,300 MAD
Director Executive and Management 404,600 MAD
Director of Accreditation Executive and Management 341,900 MAD
Director of Catering Services Executive and Management 322,600 MAD
Director of Client Services Executive and Management 319,600 MAD
Director of Facilities Management Executive and Management 281,500 MAD
Director of Operations Executive and Management 341,900 MAD
Director of Process Simplification Executive and Management 272,800 MAD
Director of Product Management Executive and Management 353,600 MAD
Director of Project Management Executive and Management 371,100 MAD
Director of Revenue Management Executive and Management 330,700 MAD
Director of Training and Development Executive and Management 325,900 MAD
Distribution Manager Executive and Management 363,000 MAD
Division Manager Executive and Management 301,600 MAD
Duty Manager Executive and Management 308,300 MAD
Engagement Manager Executive and Management 378,300 MAD
Executive Director Executive and Management 499,300 MAD
Executive Manager Executive and Management 421,400 MAD
Franchise Manager Executive and Management 431,300 MAD
General Manager Executive and Management 414,000 MAD
Global Master Data Manager Executive and Management 353,600 MAD
Global Technical Lead Executive and Management 245,300 MAD
Head of Investment Executive and Management 344,600 MAD
Head of Middle Office Executive and Management 330,900 MAD
Head of Projects Executive and Management 357,700 MAD
Head of Strategy Executive and Management 398,300 MAD
Head of Supply Chain Executive and Management 308,900 MAD
Head of Sustainability Executive and Management 296,000 MAD
Housing Manager Executive and Management 292,000 MAD
HSE Manager Executive and Management 279,400 MAD
Key Account Manager Executive and Management 277,400 MAD
Knowledge Manager Executive and Management 325,900 MAD
Location Manager Executive and Management 315,900 MAD
Logistics Executive Executive and Management 259,100 MAD
Logistics Manager Executive and Management 275,800 MAD
Management Consultant Executive and Management 265,000 MAD
Management Executive Executive and Management 372,600 MAD
Manager Executive and Management 335,800 MAD
Managing Director Executive and Management 420,100 MAD
MIS Executive Executive and Management 330,900 MAD
Ocean Services Manager Executive and Management 351,200 MAD
Operational Manager Executive and Management 369,900 MAD
Operations Analyst Executive and Management 305,600 MAD
Operations Assistant Executive and Management 249,600 MAD
Operations Director Executive and Management 394,500 MAD
Operations Executive Executive and Management 392,300 MAD
Operations Manager Executive and Management 392,300 MAD
Operations Supervisor Executive and Management 320,500 MAD
Planning Director Executive and Management 351,900 MAD
PMO Manager Executive and Management 315,700 MAD
Policy Administration Executive Executive and Management 282,500 MAD
Private Sector Executive Executive and Management 313,700 MAD
Product Development Manager Executive and Management 361,500 MAD
Product Executive Executive and Management 308,300 MAD
Production Executive Executive and Management 352,000 MAD
Production Manager Executive and Management 340,400 MAD
Production Supervisor Executive and Management 299,500 MAD
Program Director Executive and Management 359,900 MAD
Program Manager Executive and Management 348,300 MAD
Programme Coordinator Executive and Management 239,300 MAD
Project Control Manager Executive and Management 369,900 MAD
Project Coordinator Executive and Management 204,000 MAD
Project Management Officer Executive and Management 253,400 MAD
Project Manager Executive and Management 275,200 MAD
Project Portfolio Manager Executive and Management 271,300 MAD
Quality Manager Executive and Management 279,400 MAD
R/D Director Executive and Management 301,800 MAD
Regional Director Executive and Management 498,500 MAD
Regional Manager Executive and Management 375,200 MAD
Relationship Manager Executive and Management 340,400 MAD
Retail District Manager Executive and Management 258,400 MAD
Revenue Manager Executive and Management 263,100 MAD
Risk and Capital Manager Executive and Management 386,400 MAD
Risk Officer Executive and Management 272,800 MAD
Safety Manager Executive and Management 263,200 MAD
Section Head Executive and Management 259,100 MAD
Service Manager Executive and Management 273,000 MAD
Shift Supervisor Executive and Management 221,500 MAD
Solutions Manager Executive and Management 239,300 MAD
Supervisor Executive and Management 218,900 MAD
Supply Chain Manager Executive and Management 375,200 MAD
Surveyor Executive and Management 238,900 MAD
Technical Director Executive and Management 340,000 MAD
Technical Manager Executive and Management 339,100 MAD
Territory Manager Executive and Management 344,600 MAD
Validation Manager Executive and Management 299,500 MAD
Vice President Executive and Management 411,400 MAD
Zone Manager Executive and Management 369,300 MAD

Salary Comparison by City

If you want to compare salaries with different cities in Morocco, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Agadir 341,400 MAD
Casablanca 406,300 MAD
Rabat 369,900 MAD
Tangier 420,100 MAD

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