Average Corporate Officer Salary in Zimbabwe for 2024

In this article, we will look at the average Corporate Officer salary for 2024 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 Corporate Officer Make in Zimbabwe?

A Corporate Officer working in Zimbabwe will typically earn around 2,641,300 ZWL per year, and this can range from the lowest average salary of about 1,212,800 ZWL to the highest average salary of 4,187,600 ZWL.

Average Annual Salary
2,641,300 ZWL
Average Monthly Salary
220,108 ZWL

Lowest Annual Salary
1,212,800 ZWL
Lowest Monthly Salary
101,066 ZWL

Highest Annual Salary
4,187,600 ZWL
Highest Monthly Salary
348,966 ZWL

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

Corporate Officer 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 Corporate Officer Salaries in Zimbabwe

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

Salary ranges

We already know that a Corporate Officer can earn between 1,212,800 ZWL and 4,187,600 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 Corporate Officer in Zimbabwe is 2,844,200 ZWL. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 2,844,200 ZWL, and 50% of the population earn more than 2,844,200 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 Corporate Officer salary in Zimbabwe, 25% of the population are earning less than 1,825,000 ZWL while 75% of the population earn more than 1,825,000 ZWL.

75% of the population earn less than 3,805,100 ZWL, and 25% of the population earn more than 3,805,100 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.

Corporate Officer 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 corporate officer 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 Corporate Officer in Zimbabwe that has less than two years of experience can expect to earn somewhere in the region of 1,380,400 ZWL.
  • 2 - 5 Years Experience. With two to five years of experience the average Corporate Officer salary would increase to 1,835,700 ZWL.
  • 5 - 10 Years Experience. From five to ten years of experience as a Corporate Officer, the average salary would be 2,711,900 ZWL.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 3,312,100 ZWL.
  • 15 - 20 Years Experience. A Corporate Officer with 15 to 20 years of experience can earn an average of 3,610,800 ZWL.
  • 20+ Years Experience. For a Corporate Officer with more than 20 years, the expected average salary increases to 3,912,600 ZWL.

Average Salary by Experience Chart

0-2 Years
1,380,400 ZWL
2-5 Years +34%
1,835,700 ZWL
5-10 Years +48%
2,711,900 ZWL
10-15 Years +22%
3,312,100 ZWL
15-20 Years +9%
3,610,800 ZWL
20+ Years +8%
3,912,600 ZWL

Corporate Officer 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 Corporate Officer in Zimbabwe 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 Corporate Officer in Zimbabwe with a high school education can earn an average salary of 1,693,600 ZWL.

  • Certificate or Diploma. A Corporate Officer in Zimbabwe with a certificate or diploma education can earn an average salary of 1,990,300 ZWL.

  • Bachelor's Degree. A Corporate Officer in Zimbabwe with a bachelor's degree education can earn an average salary of 2,878,300 ZWL.

  • Master's Degree. A Corporate Officer in Zimbabwe with a master's degree education can earn an average salary of 3,769,500 ZWL.

Average Salary by Education Chart

High School
1,693,600 ZWL
Certificate or Diploma +18%
1,990,300 ZWL
Bachelor's Degree +45%
2,878,300 ZWL
Master's Degree +31%
3,769,500 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.

Corporate Officer 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 corporate officer will earn an average of 2,794,600 ZWL, while a female corporate officer will earn around 2,471,700 ZWL.

This means that a male corporate officer earns approximately 13% more than a female corporate officer for performing the same job.

Average Salary by Gender Chart in Zimbabwe

Male
2,794,600 ZWL
Female -13%
2,471,700 ZWL

Corporate Officer 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 Corporate Officer in Zimbabwe is around 8% every 27 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 = ( 8 ÷ 27 ) × 12  = 4%

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

Annual Pay Raise by Industry in Zimbabwe for 2024

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%

Corporate Officer 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 Corporate Officer is a low bonus based job, with 41% of employees reporting at least one bonus in the last 12 months.

59% 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 2% to 7%.

Received Bonus
41%
No Bonus
59%

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 Corporate Officer

In the table below, we have salary information for jobs that are similar to a Corporate Officer in Zimbabwe.

Job Title Category Salary
Account Coordinator Executive and Management 2,374,400 ZWL
Account Director Executive and Management 2,868,600 ZWL
Account Executive Executive and Management 3,085,500 ZWL
Account Manager Executive and Management 2,854,700 ZWL
Administration Manager Executive and Management 2,893,600 ZWL
Administration Officer Executive and Management 1,606,100 ZWL
Administration Supervisor Executive and Management 2,374,400 ZWL
Administrative Clerk Executive and Management 1,212,800 ZWL
Administrative Officer Executive and Management 1,191,100 ZWL
Area Director Executive and Management 2,782,600 ZWL
Area Manager Executive and Management 2,711,900 ZWL
Asset Protection Associate Executive and Management 3,205,100 ZWL
Assistant Director Executive and Management 2,878,300 ZWL
Assistant General Manager Executive and Management 3,263,500 ZWL
Assistant Manager Executive and Management 3,217,900 ZWL
Assistant Managing Director Executive and Management 3,514,400 ZWL
Assistant Operations Manager Executive and Management 3,444,200 ZWL
Assistant Project Manager Executive and Management 2,914,600 ZWL
Assistant Section Head Executive and Management 2,641,300 ZWL
Assistant to CEO Executive and Management 2,688,800 ZWL
Assistant Vice President Executive and Management 3,205,100 ZWL
Associate Account Director Executive and Management 3,085,500 ZWL
Associate Director Executive and Management 3,071,100 ZWL
Bid Manager Executive and Management 3,539,100 ZWL
Branch Manager Executive and Management 3,323,300 ZWL
Business Development Manager Executive and Management 3,792,300 ZWL
Business Operations Associate Executive and Management 3,094,100 ZWL
Business Operations Lead Executive and Management 3,023,200 ZWL
Campaign Manager Executive and Management 3,514,400 ZWL
Catering Coordinator Executive and Management 1,811,000 ZWL
Catering Manager Executive and Management 3,071,100 ZWL
CEO Executive and Management 5,761,400 ZWL
Chairman of The Board Executive and Management 5,843,600 ZWL
Chairman Office Manager Executive and Management 3,635,200 ZWL
Chief Commercial Officer Executive and Management 4,102,700 ZWL
Chief Corporate Officer Executive and Management 4,510,700 ZWL
Chief Executive Officer Executive and Management 6,058,300 ZWL
Chief Financial Officer Executive and Management 5,146,100 ZWL
Chief Investment Officer Executive and Management 4,439,200 ZWL
Chief of Staff Executive and Management 2,641,300 ZWL
Chief Operating Officer Executive and Management 4,297,400 ZWL
Chief Risk Officer Executive and Management 3,672,500 ZWL
Client Account Manager Executive and Management 3,577,600 ZWL
Client Accounts Officer Executive and Management 2,844,200 ZWL
Client Services Manager Executive and Management 3,875,100 ZWL
Commercial Director Executive and Management 3,996,300 ZWL
Commercial Manager Executive and Management 3,421,600 ZWL
Commercial Project Manager Executive and Management 3,108,200 ZWL
Commodity Broker Executive and Management 2,411,500 ZWL
COO Executive and Management 4,510,700 ZWL
Corporate Affairs Executive Executive and Management 3,323,300 ZWL
Corporate Compliance Director Executive and Management 3,889,500 ZWL
Corporate Director Executive and Management 3,863,700 ZWL
Corporate Partnerships Officer Executive and Management 2,831,100 ZWL
Country Manager Executive and Management 4,681,400 ZWL
Department Head Executive and Management 3,706,100 ZWL
Department Manager Executive and Management 3,503,800 ZWL
Department Supervisor Executive and Management 3,156,400 ZWL
Deputy Director Executive and Management 4,162,800 ZWL
Deputy Manager Executive and Management 4,260,400 ZWL
Director Executive and Management 4,439,200 ZWL
Director of Accreditation Executive and Management 3,685,200 ZWL
Director of Catering Services Executive and Management 3,455,900 ZWL
Director of Client Services Executive and Management 3,718,600 ZWL
Director of Facilities Management Executive and Management 3,299,800 ZWL
Director of Operations Executive and Management 3,875,100 ZWL
Director of Process Simplification Executive and Management 3,178,700 ZWL
Director of Product Management Executive and Management 3,706,100 ZWL
Director of Project Management Executive and Management 3,889,500 ZWL
Director of Revenue Management Executive and Management 3,469,900 ZWL
Director of Training and Development Executive and Management 3,829,500 ZWL
Distribution Manager Executive and Management 3,863,700 ZWL
Division Manager Executive and Management 3,421,600 ZWL
Duty Manager Executive and Management 3,359,900 ZWL
Engagement Manager Executive and Management 4,152,200 ZWL
Executive Director Executive and Management 5,806,300 ZWL
Executive Manager Executive and Management 4,799,700 ZWL
Franchise Manager Executive and Management 4,919,600 ZWL
General Manager Executive and Management 4,332,900 ZWL
Global Master Data Manager Executive and Management 4,162,800 ZWL
Global Technical Lead Executive and Management 2,566,100 ZWL
Head of Investment Executive and Management 3,898,100 ZWL
Head of Middle Office Executive and Management 3,781,400 ZWL
Head of Projects Executive and Management 3,733,300 ZWL
Head of Strategy Executive and Management 4,585,100 ZWL
Head of Supply Chain Executive and Management 3,529,600 ZWL
Head of Sustainability Executive and Management 3,385,800 ZWL
Housing Manager Executive and Management 3,178,700 ZWL
HSE Manager Executive and Management 3,192,300 ZWL
Key Account Manager Executive and Management 3,395,900 ZWL
Knowledge Manager Executive and Management 3,792,300 ZWL
Location Manager Executive and Management 3,577,600 ZWL
Logistics Executive Executive and Management 2,878,300 ZWL
Logistics Manager Executive and Management 3,071,100 ZWL
Management Consultant Executive and Management 3,071,100 ZWL
Management Executive Executive and Management 4,369,800 ZWL
Manager Executive and Management 3,850,500 ZWL
Managing Director Executive and Management 4,860,800 ZWL
MIS Executive Executive and Management 4,056,200 ZWL
Ocean Services Manager Executive and Management 4,235,500 ZWL
Operational Manager Executive and Management 4,211,600 ZWL
Operations Analyst Executive and Management 3,469,900 ZWL
Operations Assistant Executive and Management 2,831,100 ZWL
Operations Director Executive and Management 4,332,900 ZWL
Operations Executive Executive and Management 4,414,800 ZWL
Operations Manager Executive and Management 4,488,100 ZWL
Operations Supervisor Executive and Management 3,733,300 ZWL
Planning Director Executive and Management 4,056,200 ZWL
PMO Manager Executive and Management 3,529,600 ZWL
Policy Administration Executive Executive and Management 3,168,300 ZWL
Private Sector Executive Executive and Management 3,469,900 ZWL
Product Development Manager Executive and Management 4,067,600 ZWL
Product Executive Executive and Management 3,421,600 ZWL
Production Executive Executive and Management 4,032,100 ZWL
Production Manager Executive and Management 3,733,300 ZWL
Production Supervisor Executive and Management 3,277,900 ZWL
Program Director Executive and Management 4,140,900 ZWL
Program Manager Executive and Management 4,211,600 ZWL
Programme Coordinator Executive and Management 2,734,500 ZWL
Project Control Manager Executive and Management 3,996,300 ZWL
Project Coordinator Executive and Management 2,460,900 ZWL
Project Management Officer Executive and Management 2,831,100 ZWL
Project Manager Executive and Management 2,831,100 ZWL
Project Portfolio Manager Executive and Management 3,023,200 ZWL
Quality Manager Executive and Management 3,178,700 ZWL
R/D Director Executive and Management 3,539,100 ZWL
Regional Director Executive and Management 5,111,100 ZWL
Regional Manager Executive and Management 4,176,700 ZWL
Relationship Manager Executive and Management 3,850,500 ZWL
Retail District Manager Executive and Management 2,698,900 ZWL
Revenue Manager Executive and Management 3,217,900 ZWL
Risk and Capital Manager Executive and Management 4,224,200 ZWL
Risk Officer Executive and Management 2,953,200 ZWL
Safety Manager Executive and Management 2,794,600 ZWL
Section Head Executive and Management 2,844,200 ZWL
Service Manager Executive and Management 3,239,400 ZWL
Shift Supervisor Executive and Management 2,495,600 ZWL
Solutions Manager Executive and Management 2,807,200 ZWL
Supervisor Executive and Management 2,495,600 ZWL
Supply Chain Manager Executive and Management 4,102,700 ZWL
Surveyor Executive and Management 2,748,900 ZWL
Technical Director Executive and Management 3,586,300 ZWL
Technical Manager Executive and Management 3,622,400 ZWL
Territory Manager Executive and Management 3,959,700 ZWL
Validation Manager Executive and Management 3,469,900 ZWL
Vice President Executive and Management 4,633,100 ZWL
Zone Manager Executive and Management 4,162,800 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.

City Average Salary
Bulawayo 2,854,700 ZWL
Harare 2,964,800 ZWL

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