Average Commercial Vault Associate Salary in Kampala, Uganda for 2026

In this article, we will look at the average Commercial Vault Associate salary for 2026 in Kampala 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 Commercial Vault Associate Make in Kampala?

A Commercial Vault Associate working in Kampala will typically earn around 39,119,300 UGX per year, and this can range from the lowest average salary of about 18,359,600 UGX to the highest average salary of 61,799,000 UGX.

Average Annual Salary39,119,300 UGX
Average Monthly Salary3,259,941 UGX
Average Lowest Salary18,359,600 UGX
Lowest Monthly Salary1,529,966 UGX
Average Highest Salary61,799,000 UGX
Highest Monthly Salary5,149,916 UGX

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

Commercial Vault 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 Commercial Vault Associate Salaries in Kampala

So we've looked at the average salaries a Commercial Vault Associate will earn in Kampala. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Commercial Vault Associate can earn between 18,359,600 UGX and 61,799,000 UGX on average in Kampala. 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 Commercial Vault Associate in Kampala is 41,520,800 UGX. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 41,520,800 UGX, and 50% of the population earn more than 41,520,800 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 Commercial Vault Associate salary in Kampala, 25% of the population are earning less than 26,880,900 UGX while 75% of the population earn more than 26,880,900 UGX.

75% of the population earn less than 54,719,600 UGX, and 25% of the population earn more than 54,719,600 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.

Commercial Vault Associate Salary by Experience Level in Kampala

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 Commercial Vault 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. A Commercial Vault Associate in Kampala that has less than two years of experience can expect to earn somewhere in the region of 21,241,100 UGX.
  • 2 - 5 Years Experience. With two to five years of experience the average Commercial Vault Associate salary would increase to 29,278,200 UGX.
  • 5 - 10 Years Experience. From five to ten years of experience as a Commercial Vault Associate, the average salary would be 41,638,700 UGX.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 50,759,100 UGX.
  • 15 - 20 Years Experience. A Commercial Vault Associate with 15 to 20 years of experience can earn an average of 53,521,300 UGX.
  • 20+ Years Experience. For a Commercial Vault Associate with more than 20 years, the expected average salary increases to 58,319,900 UGX.

Average Salary by Experience Chart

0-2 Years-
21,241,100 UGX
2-5 Years+38%
29,278,200 UGX
5-10 Years+42%
41,638,700 UGX
10-15 Years+22%
50,759,100 UGX
15-20 Years+6%
53,521,300 UGX
20+ Years+9%
58,319,900 UGX

Commercial Vault Associate Salary by Education Level in Kampala

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 Commercial Vault Associate in Kampala 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 Commercial Vault Associate in Kampala with a bachelor's degree education can earn an average salary of 29,278,200 UGX.
  • Master's Degree. A Commercial Vault Associate in Kampala with a master's degree education can earn an average salary of 53,521,300 UGX.

Average Salary by Education Chart

Bachelor's Degree-
29,278,200 UGX
Master's Degree+83%
53,521,300 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.

Commercial Vault 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 Kampala, a male commercial vault associate will earn an average of 36,240,700 UGX, while a female commercial vault associate will earn around 30,841,400 UGX.

This means that a male commercial vault associate earns approximately 18% more than a female commercial vault associate for performing the same job.

Average Salary by Gender Chart in Kampala

Male-
36,240,700 UGX
Female-18%
30,841,400 UGX

Commercial Vault Associate Average Pay Raise in Kampala

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 Commercial Vault Associate in Kampala is around 8% every 28 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 = ( 8 ÷ 28 ) × 12  = 3%

What this means is that a Commercial Vault Associate in Kampala can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Kampala for 2026

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%

Commercial Vault Associate Bonus and Incentive Rates in Kampala

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 Commercial Vault Associate is a low bonus based job, with 17% of employees reporting at least one bonus in the last 12 months.

83% 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-
17%
No Bonus-
83%

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 Commercial Vault Associate

In the table below, we have salary information for jobs that are similar to a Commercial Vault Associate in Kampala.

Job TitleCategorySalary
AML AnalystBanking50,639,500 UGX
ATM ManagerBanking45,839,700 UGX
ATM Service TechnicianBanking12,958,200 UGX
Assistant Bank Branch ManagerBanking42,239,100 UGX
Assistant Bank ManagerBanking52,918,800 UGX
Bank Accounts AnalystBanking17,758,500 UGX
Bank Accounts CollectorBanking11,232,800 UGX
Bank Accounts ControllerBanking23,399,000 UGX
Bank Accounts ExecutiveBanking35,640,500 UGX
Bank Accounts ManagerBanking42,359,400 UGX
Bank Auditing ManagerBanking42,839,200 UGX
Bank Branch ManagerBanking56,158,300 UGX
Bank Branch Operations CoordinatorBanking25,440,400 UGX
Bank ClerkBanking10,488,300 UGX
Bank Client Service AssociateBanking15,960,700 UGX
Bank CollectorBanking11,232,800 UGX
Bank Compliance SpecialistBanking29,519,900 UGX
Bank ManagerBanking65,519,800 UGX
Bank Operational Risk ManagerBanking65,041,800 UGX
Bank Operations HeadBanking70,318,900 UGX
Bank Operations OfficerBanking26,880,900 UGX
Bank Operations SpecialistBanking42,000,700 UGX
Bank Process ManagerBanking38,878,700 UGX
Bank Product Manager Banking41,520,800 UGX
Bank Programme ManagerBanking46,080,100 UGX
Bank Project ManagerBanking52,918,800 UGX
Bank Propositions ManagerBanking48,480,700 UGX
Bank Quantitative AnalystBanking34,799,800 UGX
Bank Regional ManagerBanking66,598,300 UGX
Bank Regional Risk OfficerBanking35,521,100 UGX
Bank Relationship ManagerBanking50,039,800 UGX
Bank Relationship OfficerBanking22,441,700 UGX
Bank TellerBanking11,998,600 UGX
BankerBanking23,399,000 UGX
Banking Business AnalystBanking35,758,400 UGX
Banking Business Development OfficerBanking21,478,100 UGX
Banking Business Planning ExecutiveBanking50,398,300 UGX
Banking Product ManagerBanking42,601,100 UGX
Banking Reference Data ManagerBanking37,441,100 UGX
Banking Risk AnalystBanking33,961,700 UGX
Banking Technical AnalystBanking18,720,200 UGX
Bankruptcy CoordinatorBanking25,561,400 UGX
Bill and Account CollectorBanking12,481,200 UGX
Budget AnalystBanking35,640,500 UGX
Capital Risk ManagerBanking65,041,800 UGX
Cards Marketing ManagerBanking42,000,700 UGX
Cash Management ManagerBanking61,678,300 UGX
Check Processing ManagerBanking46,800,400 UGX
Corporate BankerBanking25,440,400 UGX
Corporate DealerBanking35,521,100 UGX
Credit AnalystBanking27,361,200 UGX
Credit Card Fraud InvestigatorBanking34,561,900 UGX
Credit Portfolio ManagerBanking62,519,300 UGX
Credit Risk AnalystBanking37,441,100 UGX
Credit Risk AssociateBanking35,758,400 UGX
Credit and Collections ManagerBanking48,721,100 UGX
Direct Bank Sales RepresentativeBanking24,359,000 UGX
Exchange Control ConsultantBanking37,201,700 UGX
Executive Account AnalystBanking33,721,200 UGX
Financial Bank Planning ConsultantBanking45,119,800 UGX
Financial Banking Analysis ManagerBanking53,158,700 UGX
Financial Banking AssistantBanking15,960,700 UGX
Financial Banking Systems ManagerBanking46,800,400 UGX
Foreign Exchange ManagerBanking51,361,500 UGX
Fraud AnalystBanking36,480,500 UGX
Fraud Detection AssociateBanking26,040,800 UGX
Fraud Detection ManagerBanking51,959,300 UGX
Fraud Detection SupervisorBanking29,161,000 UGX
Internal Bank Audit ManagerBanking64,079,200 UGX
Internal Bank AuditorBanking34,919,600 UGX
Internal Private BankerBanking24,841,800 UGX
International Banking ManagerBanking68,398,200 UGX
Investment Banking AnalystBanking49,561,800 UGX
Loan AnalystBanking34,799,800 UGX
Loan Area ManagerBanking41,638,700 UGX
Loan Audit Team LeaderBanking39,001,000 UGX
Loan Branch ManagerBanking39,600,100 UGX
Loan Business Development OfficerBanking21,841,900 UGX
Loan ClerkBanking11,856,900 UGX
Loan Collection ManagerBanking41,158,900 UGX
Loan Collection and Recovery ManagerBanking42,239,100 UGX
Loan CollectorBanking11,809,800 UGX
Loan ExaminerBanking14,639,900 UGX
Loan OfficerBanking13,441,600 UGX
Loan Processing ManagerBanking36,960,300 UGX
Loan ProcessorBanking15,838,200 UGX
Loan Quality Assurance AuditorBanking36,480,500 UGX
Loan Quality Assurance ManagerBanking37,681,400 UGX
Loan Quality Assurance RepresentativeBanking25,801,200 UGX
Loan Review ManagerBanking39,840,400 UGX
Loan Team LeaderBanking36,480,500 UGX
Loans ManagerBanking44,641,600 UGX
Mortgage AdvisorBanking23,280,700 UGX
Mortgage Collection ManagerBanking40,199,100 UGX
Mortgage CollectorBanking11,518,700 UGX
Mortgage Credit AnalystBanking19,200,400 UGX
Mortgage Credit ManagerBanking37,441,100 UGX
Mortgage Development ManagerBanking44,040,700 UGX
Mortgage Document ReviewerBanking15,360,400 UGX
Mortgage Funding ManagerBanking46,800,400 UGX
Mortgage Operations ManagerBanking57,961,400 UGX
Mortgage Payment Processing ClerkBanking13,079,500 UGX
Mortgage Processing ManagerBanking38,281,500 UGX
Mortgage ProcessorBanking15,480,300 UGX
Mortgage Quality Assurance AuditorBanking34,799,800 UGX
Mortgage Quality Assurance ManagerBanking40,799,600 UGX
Mortgage Servicing ClerkBanking12,239,700 UGX
Mortgage Servicing ManagerBanking39,840,400 UGX
Mortgage UnderwriterBanking14,158,800 UGX
Online Banking ManagerBanking59,640,200 UGX
Payment Processing ClerkBanking12,481,200 UGX
Personal BankerBanking24,119,700 UGX
Personal Banking Advisor Banking25,321,400 UGX
Phone BankerBanking16,918,700 UGX
Private BankerBanking26,040,800 UGX
Reconciliation and Investigation SpecialistBanking27,361,200 UGX
Tax OfficerBanking20,038,100 UGX
TellerBanking11,998,600 UGX
Trade OfficerBanking14,038,300 UGX
Trade Product ManagerBanking41,280,700 UGX
TraderBanking17,758,500 UGX
Treasury Operations OfficerBanking30,479,000 UGX

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