Average Brokerage Clerk Salary in Uganda for 2024

In this article, we will look at the average Brokerage Clerk salary for 2024 in Uganda 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 Ugandan shilling. To keep things simple, we are using the UGX currency code instead of the currency symbol Sh.

How Much Does a Brokerage Clerk Make in Uganda?

A Brokerage Clerk working in Uganda will typically earn around 13,199,100 UGX per year, and this can range from the lowest average salary of about 6,084,900 UGX to the highest average salary of 20,999,200 UGX.

Average Annual Salary
13,199,100 UGX
Average Monthly Salary
1,099,925 UGX

Lowest Annual Salary
6,084,900 UGX
Lowest Monthly Salary
507,075 UGX

Highest Annual Salary
20,999,200 UGX
Highest Monthly Salary
1,749,933 UGX

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

Brokerage Clerk 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 Brokerage Clerk Salaries in Uganda

So we've looked at the average salaries a Brokerage Clerk will earn in Uganda. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Brokerage Clerk can earn between 6,084,900 UGX and 20,999,200 UGX on average in Uganda. 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 Brokerage Clerk in Uganda is 14,280,500 UGX. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 14,280,500 UGX, and 50% of the population earn more than 14,280,500 UGX.

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 Brokerage Clerk salary in Uganda, 25% of the population are earning less than 9,166,100 UGX while 75% of the population earn more than 9,166,100 UGX.

75% of the population earn less than 19,078,500 UGX, and 25% of the population earn more than 19,078,500 UGX.

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.

Brokerage Clerk Salary by Experience Level in Uganda

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 brokerage clerk 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 Brokerage Clerk in Uganda that has less than two years of experience can expect to earn somewhere in the region of 6,901,600 UGX.
  • 2 - 5 Years Experience. With two to five years of experience the average Brokerage Clerk salary would increase to 9,215,300 UGX.
  • 5 - 10 Years Experience. From five to ten years of experience as a Brokerage Clerk, the average salary would be 13,679,300 UGX.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 16,561,800 UGX.
  • 15 - 20 Years Experience. A Brokerage Clerk with 15 to 20 years of experience can earn an average of 18,121,700 UGX.
  • 20+ Years Experience. For a Brokerage Clerk with more than 20 years, the expected average salary increases to 19,558,300 UGX.

Average Salary by Experience Chart

0-2 Years
6,901,600 UGX
2-5 Years +34%
9,215,300 UGX
5-10 Years +48%
13,679,300 UGX
10-15 Years +22%
16,561,800 UGX
15-20 Years +9%
18,121,700 UGX
20+ Years +8%
19,558,300 UGX

Brokerage Clerk Salary by Education Level in Uganda

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 Brokerage Clerk in Uganda 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 Brokerage Clerk in Uganda with a high school education can earn an average salary of 7,872,400 UGX.

  • Certificate or Diploma. A Brokerage Clerk in Uganda with a certificate or diploma education can earn an average salary of 12,361,500 UGX.

  • Bachelor's Degree. A Brokerage Clerk in Uganda with a bachelor's degree education can earn an average salary of 20,760,500 UGX.

Average Salary by Education Chart

High School
7,872,400 UGX
Certificate or Diploma +57%
12,361,500 UGX
Bachelor's Degree +68%
20,760,500 UGX

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 Uganda is around 13,100,000 to 39,300,000 UGX 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.

Brokerage Clerk 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 Uganda, a male brokerage clerk will earn an average of 14,280,500 UGX, while a female brokerage clerk will earn around 12,239,700 UGX.

This means that a male brokerage clerk earns approximately 17% more than a female brokerage clerk for performing the same job.

Average Salary by Gender Chart in Uganda

Male
14,280,500 UGX
Female -17%
12,239,700 UGX

Brokerage Clerk Average Pay Raise in Uganda

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 Brokerage Clerk in Uganda is around 6% every 29 months.

The national average pay raise across all professions and industries in Uganda 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 ÷ 29 ) × 12  = 2%

What this means is that a Brokerage Clerk in Uganda can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Uganda for 2024

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

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%

Brokerage Clerk Bonus and Incentive Rates in Uganda

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 Brokerage Clerk is a low bonus based job, with 15% of employees reporting at least one bonus in the last 12 months.

85% 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 0% to 4%.

Received Bonus
15%
No Bonus
85%

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

Public Sector
34,919,600 UGX
Private Sector -25%
27,960,400 UGX

Salaries for Jobs Similar to a Brokerage Clerk

In the table below, we have salary information for jobs that are similar to a Brokerage Clerk in Uganda.

Job Title Category Salary
Acquisition Associate Real Estate 25,321,400 UGX
Assistant Leasing Manager Real Estate 35,279,300 UGX
Assistant Property Manager Real Estate 34,319,800 UGX
Brokerage Real Estate 27,118,300 UGX
Commercial Leasing Manager Real Estate 51,719,500 UGX
Commercial Real Estate Manager Real Estate 56,158,300 UGX
Community Development Manager Real Estate 50,398,300 UGX
Compliance Specialist Real Estate 26,520,600 UGX
Development Coordinator Real Estate 24,718,600 UGX
Director of Real Estate Real Estate 58,559,300 UGX
Lease Administrator Real Estate 33,599,200 UGX
Leasing Agent Real Estate 28,679,900 UGX
Leasing Consultant Real Estate 31,559,900 UGX
Leasing Manager Real Estate 37,561,000 UGX
Lettings Assistant Real Estate 12,721,300 UGX
Portfolio Analyst Real Estate 43,321,300 UGX
Portfolio Manager Real Estate 60,841,800 UGX
Property Acquisition Agent Real Estate 22,799,000 UGX
Property and Claims Specialist Real Estate 31,919,300 UGX
Property Manager Real Estate 38,039,000 UGX
Property Operations Manager Real Estate 54,479,300 UGX
Property Tax Assistant Real Estate 26,759,500 UGX
Real Estate Administrator Real Estate 29,761,800 UGX
Real Estate Agent Real Estate 28,679,900 UGX
Real Estate Analyst Real Estate 33,841,700 UGX
Real Estate Appraiser Real Estate 28,078,900 UGX
Real Estate Appraiser Real Estate 28,801,400 UGX
Real Estate Appraiser Real Estate 29,519,900 UGX
Real Estate Assistant Real Estate 25,321,400 UGX
Real Estate Association Manager Real Estate 37,681,400 UGX
Real Estate Broker Real Estate 25,079,200 UGX
Real Estate General Manager Real Estate 52,438,500 UGX
Real Estate Project Director Real Estate 50,158,700 UGX
Real Estate Project Manager Real Estate 45,599,600 UGX
Real Estate Sales Agent Real Estate 26,639,300 UGX
Real Estate Valuer Real Estate 29,519,900 UGX
Research Analyst Real Estate 25,561,400 UGX
Residential Advisor Real Estate 30,841,400 UGX
Residential Property Manager Real Estate 38,399,900 UGX
Shopping Center Manager Real Estate 56,158,300 UGX
Town Planner Real Estate 57,841,700 UGX

Salary Comparison by City

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

City Average Salary
Kampala 14,639,900 UGX

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