Average Finance Relationship Manager Salary in Djibouti for 2024

In this article, we will look at the average Finance Relationship Manager salary for 2024 in Djibouti 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 Djiboutian franc. To keep things simple, we are using the DJF currency code instead of the currency symbol Fr.

How Much Does a Finance Relationship Manager Make in Djibouti?

A Finance Relationship Manager working in Djibouti will typically earn around 5,461,900 DJF per year, and this can range from the lowest average salary of about 2,676,200 DJF to the highest average salary of 8,521,700 DJF.

Average Annual Salary
5,461,900 DJF
Average Monthly Salary
455,158 DJF

Lowest Annual Salary
2,676,200 DJF
Lowest Monthly Salary
223,016 DJF

Highest Annual Salary
8,521,700 DJF
Highest Monthly Salary
710,141 DJF

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

Finance Relationship 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 Finance Relationship Manager Salaries in Djibouti

So we've looked at the average salaries a Finance Relationship Manager will earn in Djibouti. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Finance Relationship Manager can earn between 2,676,200 DJF and 8,521,700 DJF on average in Djibouti. 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 Finance Relationship Manager in Djibouti is 5,579,400 DJF. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 5,579,400 DJF, and 50% of the population earn more than 5,579,400 DJF.

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 Finance Relationship Manager salary in Djibouti, 25% of the population are earning less than 3,706,100 DJF while 75% of the population earn more than 3,706,100 DJF.

75% of the population earn less than 7,189,800 DJF, and 25% of the population earn more than 7,189,800 DJF.

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.

Finance Relationship Manager Salary by Experience Level in Djibouti

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 finance relationship 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 Finance Relationship Manager in Djibouti that has less than two years of experience can expect to earn somewhere in the region of 3,178,700 DJF.
  • 2 - 5 Years Experience. With two to five years of experience the average Finance Relationship Manager salary would increase to 4,079,300 DJF.
  • 5 - 10 Years Experience. From five to ten years of experience as a Finance Relationship Manager, the average salary would be 5,628,400 DJF.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 6,971,100 DJF.
  • 15 - 20 Years Experience. A Finance Relationship Manager with 15 to 20 years of experience can earn an average of 7,477,100 DJF.
  • 20+ Years Experience. For a Finance Relationship Manager with more than 20 years, the expected average salary increases to 7,967,200 DJF.

Average Salary by Experience Chart

0-2 Years
3,178,700 DJF
2-5 Years +29%
4,079,300 DJF
5-10 Years +38%
5,628,400 DJF
10-15 Years +24%
6,971,100 DJF
15-20 Years +7%
7,477,100 DJF
20+ Years +7%
7,967,200 DJF

Finance Relationship Manager Salary by Education Level in Djibouti

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 Finance Relationship Manager in Djibouti based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Certificate or Diploma. A Finance Relationship Manager in Djibouti with a certificate or diploma education can earn an average salary of 4,079,300 DJF.

  • Bachelor's Degree. A Finance Relationship Manager in Djibouti with a bachelor's degree education can earn an average salary of 5,483,600 DJF.

  • Master's Degree. A Finance Relationship Manager in Djibouti with a master's degree education can earn an average salary of 8,411,800 DJF.

Average Salary by Education Chart

Certificate or Diploma
4,079,300 DJF
Bachelor's Degree +34%
5,483,600 DJF
Master's Degree +53%
8,411,800 DJF

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 Djibouti is around 1,380,000 to 4,130,000 DJF 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.

Finance Relationship 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 Djibouti, a male finance relationship manager will earn an average of 5,711,000 DJF, while a female finance relationship manager will earn around 5,076,600 DJF.

This means that a male finance relationship manager earns approximately 12% more than a female finance relationship manager for performing the same job.

Average Salary by Gender Chart in Djibouti

Male
5,711,000 DJF
Female -12%
5,076,600 DJF

Finance Relationship Manager Average Pay Raise in Djibouti

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 Finance Relationship Manager in Djibouti is around 8% every 30 months.

The national average pay raise across all professions and industries in Djibouti 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 ÷ 30 ) × 12  = 3%

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

Annual Pay Raise by Industry in Djibouti for 2024

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

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

Banking
5%
Energy
1%
Information Technology
6%
Healthcare
2%
Travel
7%
Construction
3%
Education
8%

Finance Relationship Manager Bonus and Incentive Rates in Djibouti

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 Finance Relationship Manager is a moderate bonus based job, with 65% of employees reporting at least one bonus in the last 12 months.

35% 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 5% to 9%.

Received Bonus
65%
No Bonus
35%

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 Djibouti earn approximately 8% more than private sector employees in the same role.

Public Sector
3,406,900 DJF
Private Sector -8%
3,168,300 DJF

Salaries for Jobs Similar to a Finance Relationship Manager

In the table below, we have salary information for jobs that are similar to a Finance Relationship Manager in Djibouti.

Job Title Category Salary
Account Examiner Accounting and Finance 1,777,700 DJF
Account Executive Accounting and Finance 2,928,100 DJF
Accountant Accounting and Finance 2,314,800 DJF
Accounting Analyst Accounting and Finance 2,724,700 DJF
Accounting Assistant Accounting and Finance 1,741,800 DJF
Accounting Associate Accounting and Finance 1,632,100 DJF
Accounting Clerk Accounting and Finance 1,391,600 DJF
Accounting Coordinator Accounting and Finance 2,124,400 DJF
Accounting Head Accounting and Finance 4,642,200 DJF
Accounting Manager Accounting and Finance 4,919,600 DJF
Accounting Officer Accounting and Finance 1,741,800 DJF
Accounting Specialist Accounting and Finance 3,061,300 DJF
Accounting Supervisor Accounting and Finance 3,168,300 DJF
Accounting Technician Accounting and Finance 1,547,500 DJF
Accounting Unit Controller Accounting and Finance 3,934,900 DJF
Accounts Executive Accounting and Finance 2,868,600 DJF
Accounts Officer Accounting and Finance 1,870,400 DJF
Accounts Payable and Receivable Specialist Accounting and Finance 2,290,300 DJF
Accounts Payable Assistant Accounting and Finance 1,777,700 DJF
Accounts Payable Associate Accounting and Finance 2,184,900 DJF
Accounts Payable Clerk Accounting and Finance 1,655,500 DJF
Accounts Payable Manager Accounting and Finance 4,654,300 DJF
Accounts Receivable Administrator Accounting and Finance 3,395,900 DJF
Accounts Receivable Clerk Accounting and Finance 1,678,300 DJF
Accounts Receivable Financial Analyst Accounting and Finance 3,299,800 DJF
Accounts Receivable Manager Accounting and Finance 4,654,300 DJF
Accounts Receivable Team Leader Accounting and Finance 3,481,100 DJF
Assistant Accountant Accounting and Finance 1,716,600 DJF
Assistant Accounting Manager Accounting and Finance 4,403,400 DJF
Assistant Auditor Accounting and Finance 2,221,600 DJF
Assistant Corporate Controller Accounting and Finance 3,023,200 DJF
Assistant Finance Manager Accounting and Finance 4,810,800 DJF
Assistant Financial Controller Accounting and Finance 3,156,400 DJF
Audit Director Accounting and Finance 5,423,100 DJF
Audit Supervisor Accounting and Finance 4,355,800 DJF
Auditing Clerk Accounting and Finance 1,870,400 DJF
Auditing Manager Accounting and Finance 4,654,300 DJF
Billing Clerk Accounting and Finance 1,777,700 DJF
Billing Coordinator Accounting and Finance 2,026,800 DJF
Billing Specialist Accounting and Finance 2,519,500 DJF
Billing Supervisor Accounting and Finance 3,349,100 DJF
Bookkeeper Accounting and Finance 1,524,300 DJF
Bookkeeping Specialist Accounting and Finance 2,110,600 DJF
Budget Analyst Accounting and Finance 3,829,500 DJF
Budget Manager Accounting and Finance 4,870,300 DJF
Business Support Analyst Accounting and Finance 2,508,300 DJF
Capital Markets Associate Accounting and Finance 3,490,200 DJF
Cash Flow Analyst Accounting and Finance 3,421,600 DJF
Cash Management Manager Accounting and Finance 4,752,100 DJF
Cash Management Officer Accounting and Finance 2,653,700 DJF
Cashbook Clerk Accounting and Finance 1,524,300 DJF
Chartered Accountant Accounting and Finance 2,819,600 DJF
Chief Accountant Accounting and Finance 3,323,300 DJF
Collections Clerk Accounting and Finance 1,380,400 DJF
Collections Representative Accounting and Finance 1,908,800 DJF
Collections Specialist Accounting and Finance 2,242,500 DJF
Corporate Controller Accounting and Finance 3,706,100 DJF
Corporate Treasurer Accounting and Finance 4,211,600 DJF
Cost Accountant Accounting and Finance 2,339,200 DJF
Cost Accounting Manager Accounting and Finance 4,642,200 DJF
Cost Accounting Supervisor Accounting and Finance 3,685,200 DJF
Cost Analyst Accounting and Finance 3,577,600 DJF
Credit and Collection Manager Accounting and Finance 4,714,900 DJF
Credit and Collection Staff Accounting and Finance 1,728,900 DJF
Credit and Loans Officer Accounting and Finance 1,716,600 DJF
Credit Controller Accounting and Finance 3,061,300 DJF
Credit Manager Accounting and Finance 4,762,300 DJF
Debt Adviser Accounting and Finance 3,817,500 DJF
Debt Collector Accounting and Finance 1,788,300 DJF
Debtors Clerk Accounting and Finance 1,632,100 DJF
Debtors Controller Accounting and Finance 1,741,800 DJF
Deputy CFO Accounting and Finance 6,587,900 DJF
Deputy Head of Finance Accounting and Finance 6,073,300 DJF
Derivative Trader Accounting and Finance 3,959,700 DJF
Director of Finance Accounting and Finance 6,613,100 DJF
Economist Accounting and Finance 5,351,400 DJF
Equity Analyst Accounting and Finance 4,043,600 DJF
Escrow Assistant Accounting and Finance 1,955,300 DJF
Executive Accountant Accounting and Finance 2,629,100 DJF
External Auditor Accounting and Finance 3,323,300 DJF
Finance Administrator Accounting and Finance 2,557,100 DJF
Finance Analyst Accounting and Finance 4,079,300 DJF
Finance Associate Accounting and Finance 2,026,800 DJF
Finance Director Accounting and Finance 6,587,900 DJF
Finance Executive Accounting and Finance 5,038,200 DJF
Finance Licensing Clerk Accounting and Finance 1,703,200 DJF
Finance Licensing Manager Accounting and Finance 4,332,900 DJF
Finance Licensing Specialist Accounting and Finance 2,605,500 DJF
Finance Manager Accounting and Finance 6,635,400 DJF
Finance Officer Accounting and Finance 2,161,200 DJF
Finance President Accounting and Finance 6,480,800 DJF
Finance Release Analyst Accounting and Finance 2,662,900 DJF
Finance Specialist Accounting and Finance 3,769,500 DJF
Finance Team Leader Accounting and Finance 5,315,900 DJF
Financial Accountant Accounting and Finance 2,339,200 DJF
Financial Actuary Accounting and Finance 3,601,500 DJF
Financial Administrator Accounting and Finance 3,946,200 DJF
Financial Advisor Accounting and Finance 4,369,800 DJF
Financial Analyst Accounting and Finance 4,211,600 DJF
Financial Applications Specialist Accounting and Finance 2,819,600 DJF
Financial Assistant Accounting and Finance 1,921,500 DJF
Financial Associate Accounting and Finance 1,896,700 DJF
Financial Associate Accounting and Finance 2,207,600 DJF
Financial Claims Analyst Accounting and Finance 3,168,300 DJF
Financial Claims Manager Accounting and Finance 4,032,100 DJF
Financial Claims Supervisor Accounting and Finance 3,959,700 DJF
Financial Clerk Accounting and Finance 1,800,200 DJF
Financial Commercial Analyst Accounting and Finance 3,421,600 DJF
Financial Compliance Analyst Accounting and Finance 3,850,500 DJF
Financial Consultant Accounting and Finance 2,964,800 DJF
Financial Controller Accounting and Finance 3,622,400 DJF
Financial Controller Accounting and Finance 3,648,200 DJF
Financial Coordinator Accounting and Finance 2,015,600 DJF
Financial Customer Service Manager Accounting and Finance 4,006,500 DJF
Financial Dealer and Broker Accounting and Finance 2,374,400 DJF
Financial Director Accounting and Finance 6,635,400 DJF
Financial Encoder Accounting and Finance 1,990,300 DJF
Financial Manager Accounting and Finance 6,109,700 DJF
Financial Manager Accounting and Finance 6,193,900 DJF
Financial Operations Manager Accounting and Finance 5,628,400 DJF
Financial Policy Analyst Accounting and Finance 3,706,100 DJF
Financial Project Manager Accounting and Finance 4,822,700 DJF
Financial Quantitative Analyst Accounting and Finance 3,875,100 DJF
Financial Reporting Consultant Accounting and Finance 3,156,400 DJF
Financial Reporting Manager Accounting and Finance 4,558,700 DJF
Financial Section Head Accounting and Finance 4,499,000 DJF
Financial Services Manager Accounting and Finance 5,975,000 DJF
Financial Services Sales Agent Accounting and Finance 2,533,800 DJF
Fixed Assets Administrator Accounting and Finance 2,290,300 DJF
Forensic Accountant Accounting and Finance 2,759,700 DJF
Fraud Detection Supervisor Accounting and Finance 2,868,600 DJF
Fraud Prevention Manager Accounting and Finance 4,558,700 DJF
Fund Accountant Accounting and Finance 2,266,400 DJF
Grants Coordinator Accounting and Finance 1,678,300 DJF
Group Financial Manager Accounting and Finance 6,564,600 DJF
Internal Auditor Accounting and Finance 3,047,800 DJF
Internal Control Adviser Accounting and Finance 3,659,400 DJF
Internal Control Officer Accounting and Finance 1,942,700 DJF
International Tax Director Accounting and Finance 5,614,600 DJF
Inventory Accountant Accounting and Finance 2,352,500 DJF
Investment Advisor Accounting and Finance 6,096,900 DJF
Investment Analyst Accounting and Finance 4,309,300 DJF
Investment Associate Accounting and Finance 3,946,200 DJF
Investment Broker Accounting and Finance 3,889,500 DJF
Investment Fund Manager Accounting and Finance 5,038,200 DJF
Investment Operations Manager Accounting and Finance 4,956,800 DJF
Investment Underwriter Accounting and Finance 2,038,500 DJF
Investor Accounting and Finance 3,094,100 DJF
Investor Relations Manager Accounting and Finance 4,633,100 DJF
KYC Team Leader Accounting and Finance 4,391,800 DJF
Loan Processor Accounting and Finance 1,846,200 DJF
Management Accountant Accounting and Finance 2,508,300 DJF
Management Economist Accounting and Finance 5,363,700 DJF
Paymaster Accounting and Finance 1,908,800 DJF
Payroll Administrator Accounting and Finance 3,035,200 DJF
Payroll Benefits Coordinator Accounting and Finance 2,557,100 DJF
Payroll Billing Manager Accounting and Finance 4,056,200 DJF
Payroll Clerk Accounting and Finance 1,921,500 DJF
Payroll Manager Accounting and Finance 4,282,500 DJF
Payroll Officer Accounting and Finance 2,052,200 DJF
Payroll Specialist Accounting and Finance 2,352,500 DJF
Payroll Supervisor Accounting and Finance 2,868,600 DJF
Pensions Administrator Accounting and Finance 2,435,600 DJF
Personal Financial Advisor Accounting and Finance 3,373,200 DJF
Pricing Analyst Accounting and Finance 3,889,500 DJF
Private Equity Analyst Accounting and Finance 4,224,200 DJF
Project Accountant Accounting and Finance 2,411,500 DJF
Proposal Development Coordinator Accounting and Finance 2,052,200 DJF
Receivables Accountant Accounting and Finance 2,184,900 DJF
Regulatory Accountant Accounting and Finance 2,557,100 DJF
Retirement Plan Analyst Accounting and Finance 3,706,100 DJF
Revenue Management Specialist Accounting and Finance 3,696,900 DJF
Revenue Recognition Analyst Accounting and Finance 4,439,200 DJF
Risk Management Director Accounting and Finance 5,605,200 DJF
Risk Management Supervisor Accounting and Finance 4,429,300 DJF
Staff Accountant Accounting and Finance 2,242,500 DJF
Tax Accountant Accounting and Finance 2,065,400 DJF
Tax Administrator Accounting and Finance 2,508,300 DJF
Tax Advisor Accounting and Finance 3,385,800 DJF
Tax Analyst Accounting and Finance 3,601,500 DJF
Tax Associate Accounting and Finance 1,967,000 DJF
Tax Consultant Accounting and Finance 3,601,500 DJF
Tax Director Accounting and Finance 5,545,500 DJF
Tax Examiner Accounting and Finance 2,471,700 DJF
Tax Manager Accounting and Finance 4,846,300 DJF
Tax Research Manager Accounting and Finance 4,654,300 DJF
Teller Accounting and Finance 1,296,900 DJF
Treasury Accountant Accounting and Finance 2,401,300 DJF
Treasury Analyst Accounting and Finance 3,970,700 DJF
Underwriter Accounting and Finance 1,645,600 DJF
Underwriting Assistant Accounting and Finance 1,476,700 DJF
Vice President of Finance Accounting and Finance 6,382,300 DJF

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