Average Bank Operations Head Salary in Zimbabwe for 2026

In this article, we will look at the average Bank Operations Head salary for 2026 in Zimbabwe 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 Zimbabwean dollar. To keep things simple, we are using the ZWL currency code instead of the currency symbol $.

How Much Does a Bank Operations Head Make in Zimbabwe?

A Bank Operations Head working in Zimbabwe will typically earn around 5,747,700 ZWL per year, and this can range from the lowest average salary of about 2,641,300 ZWL to the highest average salary of 9,133,400 ZWL.

Average Annual Salary5,747,700 ZWL
Average Monthly Salary478,975 ZWL
Average Lowest Salary2,641,300 ZWL
Lowest Monthly Salary220,108 ZWL
Average Highest Salary9,133,400 ZWL
Highest Monthly Salary761,116 ZWL

These are average salaries for a Bank Operations Head in Zimbabwe and include benefits such as housing and transport. It's also possible for a Bank Operations Head to earn more or less than the average salaries shown above.

Bank Operations Head 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 Bank Operations Head Salaries in Zimbabwe

So we've looked at the average salaries a Bank Operations Head will earn in Zimbabwe. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Bank Operations Head can earn between 2,641,300 ZWL and 9,133,400 ZWL on average in Zimbabwe. 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 Bank Operations Head in Zimbabwe is 6,203,500 ZWL. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 6,203,500 ZWL, and 50% of the population earn more than 6,203,500 ZWL.

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 Bank Operations Head salary in Zimbabwe, 25% of the population are earning less than 3,984,100 ZWL while 75% of the population earn more than 3,984,100 ZWL.

75% of the population earn less than 8,279,300 ZWL, and 25% of the population earn more than 8,279,300 ZWL.

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.

Bank Operations Head Salary by Experience Level in Zimbabwe

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 Bank Operations Head 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 Bank Operations Head in Zimbabwe that has less than two years of experience can expect to earn somewhere in the region of 2,998,500 ZWL.
  • 2 - 5 Years Experience. With two to five years of experience the average Bank Operations Head salary would increase to 4,006,500 ZWL.
  • 5 - 10 Years Experience. From five to ten years of experience as a Bank Operations Head, the average salary would be 5,926,600 ZWL.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 7,224,700 ZWL.
  • 15 - 20 Years Experience. A Bank Operations Head with 15 to 20 years of experience can earn an average of 7,872,400 ZWL.
  • 20+ Years Experience. For a Bank Operations Head with more than 20 years, the expected average salary increases to 8,521,700 ZWL.

Average Salary by Experience Chart

0-2 Years-
2,998,500 ZWL
2-5 Years+34%
4,006,500 ZWL
5-10 Years+48%
5,926,600 ZWL
10-15 Years+22%
7,224,700 ZWL
15-20 Years+9%
7,872,400 ZWL
20+ Years+8%
8,521,700 ZWL

Bank Operations Head Salary by Education Level in Zimbabwe

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 Bank Operations Head in Zimbabwe based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. A Bank Operations Head in Zimbabwe with a bachelor's degree education can earn an average salary of 3,490,200 ZWL.
  • Master's Degree. A Bank Operations Head in Zimbabwe with a master's degree education can earn an average salary of 6,733,900 ZWL.

Average Salary by Education Chart

Bachelor's Degree-
3,490,200 ZWL
Master's Degree+93%
6,733,900 ZWL

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 Zimbabwe is around 1,080,000 to 3,250,000 ZWL 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.

Bank Operations Head 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 Zimbabwe, a male bank operations head will earn an average of 6,096,900 ZWL, while a female bank operations head will earn around 5,399,900 ZWL.

This means that a male bank operations head earns approximately 13% more than a female bank operations head for performing the same job.

Average Salary by Gender Chart in Zimbabwe

Male-
6,096,900 ZWL
Female-13%
5,399,900 ZWL

Bank Operations Head Average Pay Raise in Zimbabwe

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 Bank Operations Head in Zimbabwe is around 9% every 30 months.

The national average pay raise across all professions and industries in Zimbabwe 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 = ( 9 ÷ 30 ) × 12  = 4%

What this means is that a Bank Operations Head in Zimbabwe can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Zimbabwe for 2026

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

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

Banking-
9%
Energy-
9%
Information Technology-
9%
Healthcare-
9%
Travel-
9%
Construction-
9%
Education-
9%

Bank Operations Head Bonus and Incentive Rates in Zimbabwe

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 Bank Operations Head is a moderate bonus based job, with 69% of employees reporting at least one bonus in the last 12 months.

31% 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 5% to 9%.

Received Bonus-
69%
No Bonus-
31%

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 Zimbabwe earn approximately 25% more than private sector employees in the same role.

Public Sector-
2,893,600 ZWL
Private Sector-25%
2,314,800 ZWL

Salaries for Jobs Similar to a Bank Operations Head

In the table below, we have salary information for jobs that are similar to a Bank Operations Head in Zimbabwe.

Job TitleCategorySalary
AML AnalystBanking3,863,700 ZWL
ATM ManagerBanking4,006,500 ZWL
ATM Service TechnicianBanking1,043,700 ZWL
Assistant Bank Branch ManagerBanking3,312,100 ZWL
Assistant Bank ManagerBanking4,548,600 ZWL
Bank Accounts AnalystBanking1,450,700 ZWL
Bank Accounts CollectorBanking958,700 ZWL
Bank Accounts ControllerBanking1,908,800 ZWL
Bank Accounts ExecutiveBanking2,953,200 ZWL
Bank Accounts ManagerBanking3,229,900 ZWL
Bank Auditing ManagerBanking3,503,800 ZWL
Bank Branch ManagerBanking4,777,400 ZWL
Bank Branch Operations CoordinatorBanking2,110,600 ZWL
Bank ClerkBanking917,700 ZWL
Bank Client Service AssociateBanking1,333,900 ZWL
Bank CollectorBanking983,100 ZWL
Bank Compliance SpecialistBanking2,362,300 ZWL
Bank ManagerBanking5,545,500 ZWL
Bank Operational Risk ManagerBanking5,267,700 ZWL
Bank Operations OfficerBanking2,197,700 ZWL
Bank Operations SpecialistBanking3,277,900 ZWL
Bank Process ManagerBanking3,118,900 ZWL
Bank Product Manager Banking3,455,900 ZWL
Bank Programme ManagerBanking3,610,800 ZWL
Bank Project ManagerBanking4,510,700 ZWL
Bank Propositions ManagerBanking3,875,100 ZWL
Bank Quantitative AnalystBanking2,893,600 ZWL
Bank Regional ManagerBanking5,591,900 ZWL
Bank Regional Risk OfficerBanking2,902,500 ZWL
Bank Relationship ManagerBanking4,270,100 ZWL
Bank Relationship OfficerBanking1,835,700 ZWL
Bank TellerBanking1,009,600 ZWL
BankerBanking2,038,500 ZWL
Banking Business AnalystBanking2,902,500 ZWL
Banking Business Development OfficerBanking1,777,700 ZWL
Banking Business Planning ExecutiveBanking4,006,500 ZWL
Banking Product ManagerBanking3,455,900 ZWL
Banking Reference Data ManagerBanking3,277,900 ZWL
Banking Risk AnalystBanking2,831,100 ZWL
Banking Technical AnalystBanking1,450,700 ZWL
Bankruptcy CoordinatorBanking2,026,800 ZWL
Bill and Account CollectorBanking1,053,900 ZWL
Budget AnalystBanking2,844,200 ZWL
Capital Risk ManagerBanking5,555,200 ZWL
Cards Marketing ManagerBanking3,421,600 ZWL
Cash Management ManagerBanking5,183,700 ZWL
Check Processing ManagerBanking3,622,400 ZWL
Commercial Vault AssociateBanking2,662,900 ZWL
Corporate BankerBanking2,136,200 ZWL
Corporate DealerBanking2,987,000 ZWL
Credit AnalystBanking2,242,500 ZWL
Credit Card Fraud InvestigatorBanking2,941,000 ZWL
Credit Portfolio ManagerBanking5,351,400 ZWL
Credit Risk AnalystBanking3,239,400 ZWL
Credit Risk AssociateBanking2,928,100 ZWL
Credit and Collections ManagerBanking3,672,500 ZWL
Direct Bank Sales RepresentativeBanking2,100,900 ZWL
Exchange Control ConsultantBanking3,013,500 ZWL
Executive Account AnalystBanking2,724,700 ZWL
Financial Bank Planning ConsultantBanking3,696,900 ZWL
Financial Banking Analysis ManagerBanking4,309,300 ZWL
Financial Banking AssistantBanking1,320,500 ZWL
Financial Banking Systems ManagerBanking3,934,900 ZWL
Foreign Exchange ManagerBanking3,970,700 ZWL
Fraud AnalystBanking3,178,700 ZWL
Fraud Detection AssociateBanking2,052,200 ZWL
Fraud Detection ManagerBanking4,642,200 ZWL
Fraud Detection SupervisorBanking2,593,900 ZWL
Internal Bank Audit ManagerBanking5,326,200 ZWL
Internal Bank AuditorBanking2,676,200 ZWL
Internal Private BankerBanking2,146,100 ZWL
International Banking ManagerBanking5,902,400 ZWL
Investment Banking AnalystBanking4,282,500 ZWL
Loan AnalystBanking2,953,200 ZWL
Loan Area ManagerBanking3,469,900 ZWL
Loan Audit Team LeaderBanking3,253,900 ZWL
Loan Branch ManagerBanking3,359,900 ZWL
Loan Business Development OfficerBanking1,716,600 ZWL
Loan ClerkBanking1,043,700 ZWL
Loan Collection ManagerBanking3,335,900 ZWL
Loan Collection and Recovery ManagerBanking3,481,100 ZWL
Loan CollectorBanking899,100 ZWL
Loan ExaminerBanking1,249,900 ZWL
Loan OfficerBanking1,088,100 ZWL
Loan Processing ManagerBanking3,217,900 ZWL
Loan ProcessorBanking1,273,300 ZWL
Loan Quality Assurance AuditorBanking2,976,900 ZWL
Loan Quality Assurance ManagerBanking3,132,800 ZWL
Loan Quality Assurance RepresentativeBanking2,184,900 ZWL
Loan Review ManagerBanking3,108,200 ZWL
Loan Team LeaderBanking2,902,500 ZWL
Loans ManagerBanking3,648,200 ZWL
Mortgage AdvisorBanking2,076,600 ZWL
Mortgage Collection ManagerBanking3,312,100 ZWL
Mortgage CollectorBanking965,800 ZWL
Mortgage Credit AnalystBanking1,487,200 ZWL
Mortgage Credit ManagerBanking3,253,900 ZWL
Mortgage Development ManagerBanking3,514,400 ZWL
Mortgage Document ReviewerBanking1,249,900 ZWL
Mortgage Funding ManagerBanking3,875,100 ZWL
Mortgage Operations ManagerBanking4,762,300 ZWL
Mortgage Payment Processing ClerkBanking1,095,900 ZWL
Mortgage Processing ManagerBanking3,239,400 ZWL
Mortgage ProcessorBanking1,333,900 ZWL
Mortgage Quality Assurance AuditorBanking2,964,800 ZWL
Mortgage Quality Assurance ManagerBanking3,205,100 ZWL
Mortgage Servicing ClerkBanking970,600 ZWL
Mortgage Servicing ManagerBanking3,217,900 ZWL
Mortgage UnderwriterBanking1,249,900 ZWL
Online Banking ManagerBanking4,739,800 ZWL
Payment Processing ClerkBanking1,009,600 ZWL
Personal BankerBanking2,124,400 ZWL
Personal Banking Advisor Banking2,184,900 ZWL
Phone BankerBanking1,405,700 ZWL
Private BankerBanking2,146,100 ZWL
Reconciliation and Investigation SpecialistBanking2,423,000 ZWL
Tax OfficerBanking1,632,100 ZWL
TellerBanking942,700 ZWL
Trade OfficerBanking1,175,700 ZWL
Trade Product ManagerBanking3,514,400 ZWL
TraderBanking1,391,600 ZWL
Treasury Operations OfficerBanking2,519,500 ZWL

Salary Comparison by City

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

CityAverage Salary
Bulawayo5,963,300 ZWL
Harare5,833,500 ZWL

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