Average Accounting Associate Salary in Mauritius for 2024

In this article, we will look at the average Accounting Associate salary for 2024 in Mauritius 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 Mauritian rupee. To keep things simple, we are using the MUR currency code instead of the currency symbol โ‚จ.

How Much Does an Accounting Associate Make in Mauritius?

An Accounting Associate working in Mauritius will typically earn around 290,800 MUR per year, and this can range from the lowest average salary of about 148,300 MUR to the highest average salary of 444,300 MUR.

Average Annual Salary
290,800 MUR
Average Monthly Salary
24,233 MUR

Lowest Annual Salary
148,300 MUR
Lowest Monthly Salary
12,358 MUR

Highest Annual Salary
444,300 MUR
Highest Monthly Salary
37,025 MUR

These are average salaries for an Accounting Associate in Mauritius and include benefits such as housing and transport. It's also possible for an Accounting Associate to earn more or less than the average salaries shown above.

Accounting Associate 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 Accounting Associate Salaries in Mauritius

So we've looked at the average salaries an Accounting Associate will earn in Mauritius. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Accounting Associate can earn between 148,300 MUR and 444,300 MUR on average in Mauritius. 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 an Accounting Associate in Mauritius is 282,300 MUR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 282,300 MUR, and 50% of the population earn more than 282,300 MUR.

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 Accounting Associate salary in Mauritius, 25% of the population are earning less than 194,600 MUR while 75% of the population earn more than 194,600 MUR.

75% of the population earn less than 357,300 MUR, and 25% of the population earn more than 357,300 MUR.

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.

Accounting Associate Salary by Experience Level in Mauritius

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 accounting associate 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. An Accounting Associate in Mauritius that has less than two years of experience can expect to earn somewhere in the region of 164,200 MUR.
  • 2 - 5 Years Experience. With two to five years of experience the average Accounting Associate salary would increase to 215,100 MUR.
  • 5 - 10 Years Experience. From five to ten years of experience as an Accounting Associate, the average salary would be 301,600 MUR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 365,400 MUR.
  • 15 - 20 Years Experience. An Accounting Associate with 15 to 20 years of experience can earn an average of 394,300 MUR.
  • 20+ Years Experience. For an Accounting Associate with more than 20 years, the expected average salary increases to 425,100 MUR.

Average Salary by Experience Chart

0-2 Years
164,200 MUR
2-5 Years +31%
215,100 MUR
5-10 Years +40%
301,600 MUR
10-15 Years +20%
365,400 MUR
15-20 Years +9%
394,300 MUR
20+ Years +8%
425,100 MUR

Accounting Associate Salary by Education Level in Mauritius

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 an Accounting Associate in Mauritius based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. An Accounting Associate in Mauritius with a high school education can earn an average salary of 197,600 MUR.

  • Certificate or Diploma. An Accounting Associate in Mauritius with a certificate or diploma education can earn an average salary of 227,600 MUR.

  • Bachelor's Degree. An Accounting Associate in Mauritius with a bachelor's degree education can earn an average salary of 319,600 MUR.

  • Master's Degree. An Accounting Associate in Mauritius with a master's degree education can earn an average salary of 414,000 MUR.

Average Salary by Education Chart

High School
197,600 MUR
Certificate or Diploma +15%
227,600 MUR
Bachelor's Degree +41%
319,600 MUR
Master's Degree +29%
414,000 MUR

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 Mauritius is around 232,000 to 696,000 MUR 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.

Accounting Associate 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 Mauritius, a male accounting associate will earn an average of 301,700 MUR, while a female accounting associate will earn around 275,800 MUR.

This means that a male accounting associate earns approximately 9% more than a female accounting associate for performing the same job.

Average Salary by Gender Chart in Mauritius

Male
301,700 MUR
Female -9%
275,800 MUR

Accounting Associate Average Pay Raise in Mauritius

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 an Accounting Associate in Mauritius is around 6% every 28 months.

The national average pay raise across all professions and industries in Mauritius is around 4% every 29 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 = ( 6 ÷ 28 ) × 12  = 3%

What this means is that an Accounting Associate in Mauritius can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Mauritius for 2024

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

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%

Accounting Associate Bonus and Incentive Rates in Mauritius

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.

An Accounting Associate is a low bonus based job, with 35% of employees reporting at least one bonus in the last 12 months.

65% 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 3% to 6%.

Received Bonus
35%
No Bonus
65%

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 Mauritius earn approximately 18% more than private sector employees in the same role.

Public Sector
590,200 MUR
Private Sector -18%
502,200 MUR

Salaries for Jobs Similar to an Accounting Associate

In the table below, we have salary information for jobs that are similar to an Accounting Associate in Mauritius.

Job Title Category Salary
Account Examiner Accounting and Finance 301,700 MUR
Account Executive Accounting and Finance 519,300 MUR
Accountant Accounting and Finance 377,200 MUR
Accounting Analyst Accounting and Finance 492,400 MUR
Accounting Assistant Accounting and Finance 307,400 MUR
Accounting Clerk Accounting and Finance 239,000 MUR
Accounting Coordinator Accounting and Finance 363,000 MUR
Accounting Head Accounting and Finance 819,000 MUR
Accounting Manager Accounting and Finance 829,000 MUR
Accounting Officer Accounting and Finance 308,900 MUR
Accounting Specialist Accounting and Finance 528,500 MUR
Accounting Supervisor Accounting and Finance 539,800 MUR
Accounting Technician Accounting and Finance 263,900 MUR
Accounting Unit Controller Accounting and Finance 695,200 MUR
Accounts Executive Accounting and Finance 501,400 MUR
Accounts Officer Accounting and Finance 315,900 MUR
Accounts Payable and Receivable Specialist Accounting and Finance 417,100 MUR
Accounts Payable Assistant Accounting and Finance 314,500 MUR
Accounts Payable Associate Accounting and Finance 378,800 MUR
Accounts Payable Clerk Accounting and Finance 301,300 MUR
Accounts Payable Manager Accounting and Finance 751,100 MUR
Accounts Receivable Administrator Accounting and Finance 562,600 MUR
Accounts Receivable Clerk Accounting and Finance 294,300 MUR
Accounts Receivable Financial Analyst Accounting and Finance 531,700 MUR
Accounts Receivable Manager Accounting and Finance 794,900 MUR
Accounts Receivable Team Leader Accounting and Finance 606,400 MUR
Assistant Accountant Accounting and Finance 307,400 MUR
Assistant Accounting Manager Accounting and Finance 743,300 MUR
Assistant Auditor Accounting and Finance 394,800 MUR
Assistant Corporate Controller Accounting and Finance 513,300 MUR
Assistant Finance Manager Accounting and Finance 823,400 MUR
Assistant Financial Controller Accounting and Finance 545,300 MUR
Audit Director Accounting and Finance 938,100 MUR
Audit Supervisor Accounting and Finance 735,200 MUR
Auditing Clerk Accounting and Finance 315,900 MUR
Auditing Manager Accounting and Finance 795,700 MUR
Billing Clerk Accounting and Finance 294,300 MUR
Billing Coordinator Accounting and Finance 363,000 MUR
Billing Specialist Accounting and Finance 426,700 MUR
Billing Supervisor Accounting and Finance 592,600 MUR
Bookkeeper Accounting and Finance 263,900 MUR
Bookkeeping Specialist Accounting and Finance 361,600 MUR
Budget Analyst Accounting and Finance 646,600 MUR
Budget Manager Accounting and Finance 807,900 MUR
Business Support Analyst Accounting and Finance 445,100 MUR
Capital Markets Associate Accounting and Finance 623,200 MUR
Cash Flow Analyst Accounting and Finance 610,100 MUR
Cash Management Manager Accounting and Finance 752,600 MUR
Cash Management Officer Accounting and Finance 454,300 MUR
Cashbook Clerk Accounting and Finance 263,900 MUR
Chartered Accountant Accounting and Finance 524,400 MUR
Chief Accountant Accounting and Finance 566,900 MUR
Collections Clerk Accounting and Finance 232,400 MUR
Collections Representative Accounting and Finance 339,100 MUR
Collections Specialist Accounting and Finance 414,000 MUR
Corporate Controller Accounting and Finance 658,300 MUR
Corporate Treasurer Accounting and Finance 774,200 MUR
Cost Accountant Accounting and Finance 411,400 MUR
Cost Accounting Manager Accounting and Finance 752,600 MUR
Cost Accounting Supervisor Accounting and Finance 627,900 MUR
Cost Analyst Accounting and Finance 628,000 MUR
Credit and Collection Manager Accounting and Finance 780,600 MUR
Credit and Collection Staff Accounting and Finance 301,300 MUR
Credit and Loans Officer Accounting and Finance 294,700 MUR
Credit Controller Accounting and Finance 535,800 MUR
Credit Manager Accounting and Finance 800,500 MUR
Debt Adviser Accounting and Finance 638,700 MUR
Debt Collector Accounting and Finance 320,500 MUR
Debtors Clerk Accounting and Finance 283,400 MUR
Debtors Controller Accounting and Finance 308,900 MUR
Deputy CFO Accounting and Finance 1,043,700 MUR
Deputy Head of Finance Accounting and Finance 1,122,500 MUR
Derivative Trader Accounting and Finance 672,600 MUR
Director of Finance Accounting and Finance 1,180,700 MUR
Economist Accounting and Finance 884,700 MUR
Equity Analyst Accounting and Finance 732,400 MUR
Escrow Assistant Accounting and Finance 354,000 MUR
Executive Accountant Accounting and Finance 431,300 MUR
External Auditor Accounting and Finance 556,000 MUR
Finance Administrator Accounting and Finance 472,100 MUR
Finance Analyst Accounting and Finance 681,500 MUR
Finance Associate Accounting and Finance 330,700 MUR
Finance Director Accounting and Finance 1,160,900 MUR
Finance Executive Accounting and Finance 844,600 MUR
Finance Licensing Clerk Accounting and Finance 288,100 MUR
Finance Licensing Manager Accounting and Finance 788,000 MUR
Finance Licensing Specialist Accounting and Finance 417,100 MUR
Finance Manager Accounting and Finance 1,145,100 MUR
Finance Officer Accounting and Finance 394,800 MUR
Finance President Accounting and Finance 1,109,200 MUR
Finance Relationship Manager Accounting and Finance 958,700 MUR
Finance Release Analyst Accounting and Finance 460,500 MUR
Finance Specialist Accounting and Finance 637,500 MUR
Finance Team Leader Accounting and Finance 913,400 MUR
Financial Accountant Accounting and Finance 414,000 MUR
Financial Actuary Accounting and Finance 615,700 MUR
Financial Administrator Accounting and Finance 639,900 MUR
Financial Advisor Accounting and Finance 724,300 MUR
Financial Analyst Accounting and Finance 736,700 MUR
Financial Applications Specialist Accounting and Finance 487,600 MUR
Financial Assistant Accounting and Finance 325,600 MUR
Financial Associate Accounting and Finance 313,700 MUR
Financial Associate Accounting and Finance 394,300 MUR
Financial Claims Analyst Accounting and Finance 518,900 MUR
Financial Claims Manager Accounting and Finance 714,300 MUR
Financial Claims Supervisor Accounting and Finance 688,900 MUR
Financial Clerk Accounting and Finance 297,000 MUR
Financial Commercial Analyst Accounting and Finance 559,000 MUR
Financial Compliance Analyst Accounting and Finance 650,700 MUR
Financial Consultant Accounting and Finance 547,800 MUR
Financial Controller Accounting and Finance 602,700 MUR
Financial Controller Accounting and Finance 639,100 MUR
Financial Coordinator Accounting and Finance 377,200 MUR
Financial Customer Service Manager Accounting and Finance 727,100 MUR
Financial Dealer and Broker Accounting and Finance 425,100 MUR
Financial Director Accounting and Finance 1,212,800 MUR
Financial Encoder Accounting and Finance 351,900 MUR
Financial Manager Accounting and Finance 1,053,900 MUR
Financial Manager Accounting and Finance 1,117,800 MUR
Financial Operations Manager Accounting and Finance 974,600 MUR
Financial Policy Analyst Accounting and Finance 590,200 MUR
Financial Project Manager Accounting and Finance 781,200 MUR
Financial Quantitative Analyst Accounting and Finance 699,700 MUR
Financial Reporting Consultant Accounting and Finance 592,600 MUR
Financial Reporting Manager Accounting and Finance 727,100 MUR
Financial Section Head Accounting and Finance 768,900 MUR
Financial Services Manager Accounting and Finance 1,054,900 MUR
Financial Services Sales Agent Accounting and Finance 437,300 MUR
Fixed Assets Administrator Accounting and Finance 396,300 MUR
Forensic Accountant Accounting and Finance 483,800 MUR
Fraud Detection Supervisor Accounting and Finance 510,000 MUR
Fraud Prevention Manager Accounting and Finance 790,600 MUR
Fund Accountant Accounting and Finance 384,500 MUR
Grants Coordinator Accounting and Finance 299,500 MUR
Group Financial Manager Accounting and Finance 1,102,900 MUR
Internal Auditor Accounting and Finance 552,400 MUR
Internal Control Adviser Accounting and Finance 650,800 MUR
Internal Control Officer Accounting and Finance 340,000 MUR
International Tax Director Accounting and Finance 986,700 MUR
Inventory Accountant Accounting and Finance 426,700 MUR
Investment Advisor Accounting and Finance 1,011,500 MUR
Investment Analyst Accounting and Finance 773,400 MUR
Investment Associate Accounting and Finance 675,200 MUR
Investment Broker Accounting and Finance 684,900 MUR
Investment Fund Manager Accounting and Finance 843,600 MUR
Investment Operations Manager Accounting and Finance 852,600 MUR
Investment Underwriter Accounting and Finance 332,100 MUR
Investor Accounting and Finance 493,000 MUR
Investor Relations Manager Accounting and Finance 798,900 MUR
KYC Team Leader Accounting and Finance 772,900 MUR
Loan Processor Accounting and Finance 330,900 MUR
Management Accountant Accounting and Finance 453,200 MUR
Management Economist Accounting and Finance 923,000 MUR
Paymaster Accounting and Finance 311,700 MUR
Payroll Administrator Accounting and Finance 528,600 MUR
Payroll Benefits Coordinator Accounting and Finance 430,000 MUR
Payroll Billing Manager Accounting and Finance 739,500 MUR
Payroll Clerk Accounting and Finance 327,800 MUR
Payroll Manager Accounting and Finance 714,300 MUR
Payroll Officer Accounting and Finance 330,900 MUR
Payroll Specialist Accounting and Finance 411,400 MUR
Payroll Supervisor Accounting and Finance 518,300 MUR
Pensions Administrator Accounting and Finance 421,400 MUR
Personal Financial Advisor Accounting and Finance 578,500 MUR
Pricing Analyst Accounting and Finance 646,600 MUR
Private Equity Analyst Accounting and Finance 695,400 MUR
Project Accountant Accounting and Finance 425,100 MUR
Proposal Development Coordinator Accounting and Finance 351,200 MUR
Receivables Accountant Accounting and Finance 367,900 MUR
Regulatory Accountant Accounting and Finance 447,300 MUR
Retirement Plan Analyst Accounting and Finance 658,300 MUR
Revenue Management Specialist Accounting and Finance 642,800 MUR
Revenue Recognition Analyst Accounting and Finance 745,000 MUR
Risk Management Director Accounting and Finance 923,000 MUR
Risk Management Supervisor Accounting and Finance 790,300 MUR
Staff Accountant Accounting and Finance 384,500 MUR
Tax Accountant Accounting and Finance 366,200 MUR
Tax Administrator Accounting and Finance 426,700 MUR
Tax Advisor Accounting and Finance 628,000 MUR
Tax Analyst Accounting and Finance 589,400 MUR
Tax Associate Accounting and Finance 340,400 MUR
Tax Consultant Accounting and Finance 638,700 MUR
Tax Director Accounting and Finance 960,900 MUR
Tax Examiner Accounting and Finance 420,100 MUR
Tax Manager Accounting and Finance 844,600 MUR
Tax Research Manager Accounting and Finance 792,900 MUR
Teller Accounting and Finance 239,000 MUR
Treasury Accountant Accounting and Finance 414,000 MUR
Treasury Analyst Accounting and Finance 679,200 MUR
Underwriter Accounting and Finance 266,000 MUR
Underwriting Assistant Accounting and Finance 259,100 MUR
Vice President of Finance Accounting and Finance 1,134,500 MUR

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