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Average Capital Markets Associate Salary in Philippines for 2026

A capital markets associate in Philippines earns about 525,700 PHP a year. That's 2% roughly in line with the national average of 535,800 PHP.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in Philippines sit around 240,500 PHP a year, while the very top stretches to 838,100 PHP. Everything on this page is in Philippine peso (PHP, symbol ₱), which lets you compare numbers like-for-like without worrying about exchange rates.

The numbers here are pulled together from official government wage data, large independent salary surveys, and aggregated worker-reported pay. Most reported salaries include the benefits that are common in Philippines, such as housing or transport allowances, which is worth keeping in mind if you're comparing against a country where those are usually paid on top.

How much does a capital markets associate make in Philippines?

Average salary
525,700 PHP
43,808 PHP per month
Lowest reported
240,500 PHP
20,041 PHP per month
Highest reported
838,100 PHP
69,841 PHP per month

A typical capital markets associate working in Philippines brings home around 43,808 PHP a month before tax. Entry-level pay starts near 240,500 PHP, and the top of the ladder reaches roughly 838,100 PHP for the most experienced and specialised people in the role.

The wide gap between low end and top end reflects how much pay can vary inside the same job title. A junior capital markets associate working at a small local employer earns very different money from a senior at a multinational. Skills, employer, city and years in the seat all push the number around.

How capital markets associate pay ranges in Philippines

A good way to think about salary in Philippines is to look at the distribution rather than the headline average. Half of all capital markets associates in Philippines earn less than 568,500 PHP a year, and the other half earn more. That middle number is the median, and it is usually more useful than the average for answering "is my pay normal here".

Looking at the quartiles fills in the picture. A quarter of earners take home less than 363,000 PHP (the 25th percentile), and a quarter clear 758,700 PHP (the 75th percentile). The middle 50% of capital markets associates sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 240,500 PHP. The highest stretch to 838,100 PHP, though only a small fraction of earners ever reach that level. If you are deciding whether your own offer or current pay is reasonable, work out which of those four bands you would fall into and use that as your reference point.

240,500
Low
568,500
Median
838,100
High
363,000
25th
758,700
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in PHP

Capital markets associate pay by experience in Philippines

Years of experience is the single biggest lever on pay for a capital markets associate in Philippines, ahead of education and almost any other single factor. The longer you have been in the role, the more your employer can trust you to handle complexity, mentor others and act independently, all of which command higher pay. The chart below shows how the typical capital markets associate salary changes as you move through the career ladder.

  • 0-2 Years
    273,000 PHP
  • 2-5 Years
    +35% from previous
    367,900 PHP
  • 5-10 Years
    +48% from previous
    544,800 PHP
  • 10-15 Years
    +22% from previous
    663,200 PHP
  • 15-20 Years
    +9% from previous
    722,100 PHP
  • 20+ Years
    +8% from previous
    780,600 PHP

The single largest jump on the ladder is from 2 - 5 Years to 5 - 10 Years, where pay rises by about 48%. That is the point at which a capital markets associate typically goes from "competent in the role" to "the person other people in the team learn from", and the market pays well for that step.

Capital markets associate pay by education in Philippines

Education sits alongside experience as one of the biggest factors driving capital markets associate pay in Philippines. Higher qualifications consistently pull higher salaries, but the size of the gap tends to be smallest at junior levels and widens as people move up. Two people in the same role with the same years of experience but different degrees can end up earning very different money once they reach mid-career.

Below is the average capital markets associate salary in Philippines broken down by the highest level of education a worker has completed.

  • High School
    340,000 PHP
  • Certificate or Diploma
    +17% from previous
    396,300 PHP
  • Bachelor's Degree
    +45% from previous
    574,200 PHP
  • Master's Degree
    +31% from previous
    754,900 PHP

Capital markets associate gender pay gap in Philippines

The gender pay gap is a stubborn feature of almost every labour market, and Philippines is no exception. Male capital markets associates in Philippines earn an average of 563,000 PHP a year, while female capital markets associates earn around 491,000 PHP. That works out to a 15% gap in favour of men, even when comparing people doing the same work.

A pay gap of this size has a real long-term cost. Over a typical thirty-year career it can add up to several years of pay, and it compounds through pensions, retirement contributions and bonus-linked stock. Some of the gap is explained by women being more likely to work part-time, take career breaks, or be steered toward lower-paying specialisations. Some of it is straightforward unequal pay for the same job, which is harder to defend.

Capital Markets Associate gender pay gap

13%

Men earn this much more than women on average in Philippines.

Men 563,000 PHP
Women 491,000 PHP

Pay raises for a capital markets associate in Philippines

Most countries hand out at least some kind of pay raise every year, typically when an employee's contract is reviewed or as a cost-of-living adjustment to keep wages roughly in step with inflation. The rhythm and size of those raises varies hugely between industries.

A typical worker doing this role in Philippines sees a raise of about 11% every 18 months, which works out to roughly 7% on an annual basis. That figure is the typical underlying rate; in years where inflation runs high you can usually expect a bit more, and in flat-economy years a bit less.

Across all jobs in Philippines, the national average raise is around 8% every 18 months.

By industry

Industries with the highest pay raises in Philippines:

  • Banking
  • Energy
  • Information Technology
  • Healthcare
  • Travel
  • Construction
  • Education

By experience level

Experienced workers tend to see larger raises. Retaining a senior is cheaper than replacing them, so employers fight harder for them.

  • Junior Level
    3% - 5%
  • Mid-Career
  • Senior Level
  • Top Management

Capital markets associate bonus rates in Philippines

Bonuses are the other half of total compensation, and they vary a lot between jobs and industries. Some roles are paid almost entirely in base salary; others lean heavily on bonus structures tied to revenue, project completion or company performance. Whether a job pays a bonus, how big it is, and how often it lands all factor into whether the headline salary is actually a good offer.

57%

57% of capital markets associates in Philippines reported a bonus of some kind in the past twelve months. That makes a capital markets associate a moderate-bonus role overall, which is useful context when you're weighing up a job offer where the base is below market.

Among those who did receive a bonus, the size of the payment varied substantially. Reported bonuses ranged from 2% to 7% of base salary. The remaining 43% of capital markets associates reported no bonus at all over the same period.

Which careers pay bonuses in Philippines

Revenue-facing roles tend to pay the biggest bonuses. Operational and support roles tend toward smaller, more predictable ones.

  • Finance
  • Architecture
  • Sales
  • Business Development
  • Marketing / Advertising
  • Information Technology
  • Healthcare
  • Insurance
  • Customer Service
  • Human Resources
  • Construction
  • Transport
  • Hospitality

Capital markets associate: public vs private sector pay

Public-sector pay in Philippines is about 12% more than private-sector pay for similar work. The private sector typically offers stronger upside and bigger bonuses; the public sector typically offers better benefits and stability.

Public vs private pay gap

10%

Public-sector workers earn this much more than private-sector workers in Philippines on average.

Public sector 563,300 PHP
Private sector 504,300 PHP

Capital markets associate salary by city in Philippines

Capital markets associate pay is not even across Philippines. The chart below shows the highest-paying cities in the dataset, followed by the full location table.

  • Quezon City
  • Manila
  • Davao
  • Cebu
  • Antipolo
  • Kalookan
  • Pasig
  • Taguig
  • Paranaque
  • Valenzuela
LocationTypeAverageMedianRange
Quezon CityCity688,900 PHP701,400 PHP339,100-1,069,800 PHP
ManilaCity649,700 PHP704,300 PHP301,800-1,035,500 PHP
DavaoCity633,100 PHP681,500 PHP288,700-1,004,400 PHP
CebuCity631,200 PHP645,800 PHP308,300-986,700 PHP
AntipoloCity623,700 PHP598,600 PHP325,600-956,200 PHP
KalookanCity605,700 PHP580,600 PHP315,700-925,900 PHP
PasigCity590,200 PHP602,700 PHP290,800-922,900 PHP
TaguigCity589,400 PHP638,700 PHP272,800-938,100 PHP
ParanaqueCity573,500 PHP551,200 PHP297,000-878,900 PHP
ValenzuelaCity568,500 PHP548,800 PHP296,000-874,300 PHP
MakatiCity553,800 PHP596,800 PHP254,700-879,700 PHP
Cagayan de OroCity547,800 PHP592,600 PHP252,300-875,000 PHP
Las PinasCity529,600 PHP539,700 PHP261,300-828,400 PHP
DasmarinasCity514,800 PHP525,700 PHP252,300-803,400 PHP

Capital Markets Associate in Philippines: FAQs

  • How much does a capital markets associate make per month in Philippines?

    A capital markets associate in Philippines earns about 43,808 PHP a month before tax, based on an annual average of 525,700 PHP.

  • What's the salary range for a capital markets associate in Philippines?

    Entry-level capital markets associates in Philippines start near 240,500 PHP. Top-end pay reaches around 838,100 PHP. The middle 50% of earners sit between 363,000 and 758,700 PHP.

  • Is the median capital markets associate salary in Philippines higher or lower than the average?

    The median is 568,500 PHP, higher than the average of 525,700 PHP. Half of capital markets associates in Philippines earn below the median, half earn above it.

  • What's the gender pay gap for capital markets associates in Philippines?

    Men working as a capital markets associate in Philippines earn around 15% more than women on average (563,000 vs 491,000 PHP a year).

  • Do capital markets associates in Philippines get bonuses?

    About 57% of capital markets associates in Philippines reported a bonus in the past 12 months. Reported bonuses ranged from 2% to 7% of base salary.

  • Do capital markets associates earn more in the public or private sector in Philippines?

    In Philippines, the public sector pays a capital markets associate about 12% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.

  • How often do capital markets associates in Philippines get a pay raise?

    A capital markets associate in Philippines sees a raise of around 11% every 18 months, equivalent to roughly 7% a year.