Average Check Processing Manager Salary in Eritrea for 2026

In this article, we will look at the average Check Processing Manager salary for 2026 in Eritrea 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 Eritrean nakfa. To keep things simple, we are using the ERN currency code instead of the currency symbol Nfk.

How Much Does a Check Processing Manager Make in Eritrea?

A Check Processing Manager working in Eritrea will typically earn around 107,960 ERN per year, and this can range from the lowest average salary of about 59,380 ERN to the highest average salary of 163,800 ERN.

Average Annual Salary107,960 ERN
Average Monthly Salary8,996 ERN
Average Lowest Salary59,380 ERN
Lowest Monthly Salary4,948 ERN
Average Highest Salary163,800 ERN
Highest Monthly Salary13,650 ERN

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

Check Processing Manager 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 Check Processing Manager Salaries in Eritrea

So we've looked at the average salaries a Check Processing Manager will earn in Eritrea. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Check Processing Manager can earn between 59,380 ERN and 163,800 ERN on average in Eritrea. 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 Check Processing Manager in Eritrea is 102,380 ERN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 102,380 ERN, and 50% of the population earn more than 102,380 ERN.

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 Check Processing Manager salary in Eritrea, 25% of the population are earning less than 71,660 ERN while 75% of the population earn more than 71,660 ERN.

75% of the population earn less than 124,400 ERN, and 25% of the population earn more than 124,400 ERN.

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.

Check Processing Manager Salary by Experience Level in Eritrea

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 Check Processing Manager 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 Check Processing Manager in Eritrea that has less than two years of experience can expect to earn somewhere in the region of 65,800 ERN.
  • 2 - 5 Years Experience. With two to five years of experience the average Check Processing Manager salary would increase to 83,020 ERN.
  • 5 - 10 Years Experience. From five to ten years of experience as a Check Processing Manager, the average salary would be 113,740 ERN.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 136,100 ERN.
  • 15 - 20 Years Experience. A Check Processing Manager with 15 to 20 years of experience can earn an average of 148,300 ERN.
  • 20+ Years Experience. For a Check Processing Manager with more than 20 years, the expected average salary increases to 157,600 ERN.

Average Salary by Experience Chart

0-2 Years-
65,800 ERN
2-5 Years+23%
83,020 ERN
5-10 Years+42%
113,740 ERN
10-15 Years+17%
136,100 ERN
15-20 Years+10%
148,300 ERN
20+ Years+6%
157,600 ERN

Check Processing Manager Salary by Education Level in Eritrea

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 Check Processing Manager in Eritrea 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 Check Processing Manager in Eritrea with a bachelor's degree education can earn an average salary of 72,740 ERN.
  • Master's Degree. A Check Processing Manager in Eritrea with a master's degree education can earn an average salary of 142,300 ERN.

Average Salary by Education Chart

Bachelor's Degree-
72,740 ERN
Master's Degree+93%
142,300 ERN

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 Eritrea is around 34,200 to 103,000 ERN 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.

Check Processing Manager 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 Eritrea, a male check processing manager will earn an average of 112,180 ERN, while a female check processing manager will earn around 98,120 ERN.

This means that a male check processing manager earns approximately 14% more than a female check processing manager for performing the same job.

Average Salary by Gender Chart in Eritrea

Male-
112,180 ERN
Female-14%
98,120 ERN

Check Processing Manager Average Pay Raise in Eritrea

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 Check Processing Manager in Eritrea is around 8% every 28 months.

The national average pay raise across all professions and industries in Eritrea 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 = ( 8 ÷ 28 ) × 12  = 3%

What this means is that a Check Processing Manager in Eritrea can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Eritrea for 2026

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

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

Banking-
4%
Energy-
8%
Information Technology-
3%
Healthcare-
7%
Travel-
2%
Construction-
6%
Education-
1%

Check Processing Manager Bonus and Incentive Rates in Eritrea

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 Check Processing Manager is a moderate bonus based job, with 60% of employees reporting at least one bonus in the last 12 months.

40% 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-
60%
No Bonus-
40%

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 Eritrea earn approximately 24% more than private sector employees in the same role.

Public Sector-
90,540 ERN
Private Sector-24%
72,740 ERN

Salaries for Jobs Similar to a Check Processing Manager

In the table below, we have salary information for jobs that are similar to a Check Processing Manager in Eritrea.

Job TitleCategorySalary
AML AnalystBanking128,500 ERN
ATM ManagerBanking116,420 ERN
ATM Service TechnicianBanking35,560 ERN
Assistant Bank Branch ManagerBanking107,380 ERN
Assistant Bank ManagerBanking142,300 ERN
Bank Accounts AnalystBanking47,400 ERN
Bank Accounts CollectorBanking29,320 ERN
Bank Accounts ControllerBanking60,340 ERN
Bank Accounts ExecutiveBanking88,240 ERN
Bank Accounts ManagerBanking109,000 ERN
Bank Auditing ManagerBanking106,160 ERN
Bank Branch ManagerBanking152,100 ERN
Bank Branch Operations CoordinatorBanking61,780 ERN
Bank ClerkBanking26,280 ERN
Bank Client Service AssociateBanking38,780 ERN
Bank CollectorBanking26,400 ERN
Bank Compliance SpecialistBanking73,020 ERN
Bank ManagerBanking161,600 ERN
Bank Operational Risk ManagerBanking172,400 ERN
Bank Operations HeadBanking180,300 ERN
Bank Operations OfficerBanking66,940 ERN
Bank Operations SpecialistBanking108,300 ERN
Bank Process ManagerBanking99,560 ERN
Bank Product Manager Banking107,900 ERN
Bank Programme ManagerBanking115,600 ERN
Bank Project ManagerBanking138,200 ERN
Bank Propositions ManagerBanking119,900 ERN
Bank Quantitative AnalystBanking89,280 ERN
Bank Regional ManagerBanking167,100 ERN
Bank Regional Risk OfficerBanking85,880 ERN
Bank Relationship ManagerBanking130,400 ERN
Bank Relationship OfficerBanking57,900 ERN
Bank TellerBanking29,320 ERN
BankerBanking59,660 ERN
Banking Business AnalystBanking88,480 ERN
Banking Business Development OfficerBanking54,560 ERN
Banking Business Planning ExecutiveBanking129,000 ERN
Banking Product ManagerBanking114,380 ERN
Banking Reference Data ManagerBanking94,900 ERN
Banking Risk AnalystBanking83,060 ERN
Banking Technical AnalystBanking46,720 ERN
Bankruptcy CoordinatorBanking61,580 ERN
Bill and Account CollectorBanking30,700 ERN
Budget AnalystBanking86,760 ERN
Capital Risk ManagerBanking172,200 ERN
Cards Marketing ManagerBanking114,380 ERN
Cash Management ManagerBanking152,100 ERN
Commercial Vault AssociateBanking82,920 ERN
Corporate BankerBanking64,040 ERN
Corporate DealerBanking92,720 ERN
Credit AnalystBanking65,760 ERN
Credit Card Fraud InvestigatorBanking91,560 ERN
Credit Portfolio ManagerBanking172,200 ERN
Credit Risk AnalystBanking96,540 ERN
Credit Risk AssociateBanking94,900 ERN
Credit and Collections ManagerBanking119,900 ERN
Direct Bank Sales RepresentativeBanking57,820 ERN
Exchange Control ConsultantBanking96,980 ERN
Executive Account AnalystBanking83,140 ERN
Financial Bank Planning ConsultantBanking109,000 ERN
Financial Banking Analysis ManagerBanking129,000 ERN
Financial Banking AssistantBanking41,980 ERN
Financial Banking Systems ManagerBanking123,400 ERN
Foreign Exchange ManagerBanking125,700 ERN
Fraud AnalystBanking92,680 ERN
Fraud Detection AssociateBanking60,020 ERN
Fraud Detection ManagerBanking134,600 ERN
Fraud Detection SupervisorBanking80,180 ERN
Internal Bank Audit ManagerBanking152,300 ERN
Internal Bank AuditorBanking86,420 ERN
Internal Private BankerBanking64,200 ERN
International Banking ManagerBanking180,300 ERN
Investment Banking AnalystBanking119,900 ERN
Loan AnalystBanking89,120 ERN
Loan Area ManagerBanking103,840 ERN
Loan Audit Team LeaderBanking98,140 ERN
Loan Branch ManagerBanking103,900 ERN
Loan Business Development OfficerBanking52,820 ERN
Loan ClerkBanking29,640 ERN
Loan Collection ManagerBanking111,460 ERN
Loan Collection and Recovery ManagerBanking107,680 ERN
Loan CollectorBanking28,660 ERN
Loan ExaminerBanking38,340 ERN
Loan OfficerBanking35,340 ERN
Loan Processing ManagerBanking96,980 ERN
Loan ProcessorBanking36,720 ERN
Loan Quality Assurance AuditorBanking91,520 ERN
Loan Quality Assurance ManagerBanking97,900 ERN
Loan Quality Assurance RepresentativeBanking66,000 ERN
Loan Review ManagerBanking101,960 ERN
Loan Team LeaderBanking87,940 ERN
Loans ManagerBanking119,900 ERN
Mortgage AdvisorBanking59,940 ERN
Mortgage Collection ManagerBanking109,000 ERN
Mortgage CollectorBanking30,840 ERN
Mortgage Credit AnalystBanking43,800 ERN
Mortgage Credit ManagerBanking104,080 ERN
Mortgage Development ManagerBanking115,560 ERN
Mortgage Document ReviewerBanking37,740 ERN
Mortgage Funding ManagerBanking119,020 ERN
Mortgage Operations ManagerBanking150,000 ERN
Mortgage Payment Processing ClerkBanking34,360 ERN
Mortgage Processing ManagerBanking102,460 ERN
Mortgage ProcessorBanking40,140 ERN
Mortgage Quality Assurance AuditorBanking88,580 ERN
Mortgage Quality Assurance ManagerBanking96,560 ERN
Mortgage Servicing ClerkBanking33,120 ERN
Mortgage Servicing ManagerBanking99,080 ERN
Mortgage UnderwriterBanking39,080 ERN
Online Banking ManagerBanking148,300 ERN
Payment Processing ClerkBanking33,120 ERN
Personal BankerBanking64,040 ERN
Personal Banking Advisor Banking60,600 ERN
Phone BankerBanking42,040 ERN
Private BankerBanking63,500 ERN
Reconciliation and Investigation SpecialistBanking77,060 ERN
Tax OfficerBanking55,220 ERN
TellerBanking28,860 ERN
Trade OfficerBanking37,380 ERN
Trade Product ManagerBanking104,900 ERN
TraderBanking42,040 ERN
Treasury Operations OfficerBanking80,920 ERN

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