Average Online Banking Manager Salary in Yemen for 2024

In this article, we will look at the average Online Banking Manager salary for 2024 in Yemen 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 Yemeni rial. To keep things simple, we are using the YER currency code instead of the currency symbol ï·¼.

How Much Does an Online Banking Manager Make in Yemen?

An Online Banking Manager working in Yemen will typically earn around 772,900 YER per year, and this can range from the lowest average salary of about 365,400 YER to the highest average salary of 1,224,800 YER.

Average Annual Salary
772,900 YER
Average Monthly Salary
64,408 YER

Lowest Annual Salary
365,400 YER
Lowest Monthly Salary
30,450 YER

Highest Annual Salary
1,224,800 YER
Highest Monthly Salary
102,066 YER

These are average salaries for an Online Banking Manager in Yemen and include benefits such as housing and transport. It's also possible for an Online Banking Manager to earn more or less than the average salaries shown above.

Online Banking 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 Online Banking Manager Salaries in Yemen

So we've looked at the average salaries an Online Banking Manager will earn in Yemen. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Online Banking Manager can earn between 365,400 YER and 1,224,800 YER on average in Yemen. 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 an Online Banking Manager in Yemen is 818,100 YER. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 818,100 YER, and 50% of the population earn more than 818,100 YER.

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 Online Banking Manager salary in Yemen, 25% of the population are earning less than 531,700 YER while 75% of the population earn more than 531,700 YER.

75% of the population earn less than 1,083,500 YER, and 25% of the population earn more than 1,083,500 YER.

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.

Online Banking Manager Salary by Experience Level in Yemen

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 online banking 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. An Online Banking Manager in Yemen that has less than two years of experience can expect to earn somewhere in the region of 417,100 YER.
  • 2 - 5 Years Experience. With two to five years of experience the average Online Banking Manager salary would increase to 578,500 YER.
  • 5 - 10 Years Experience. From five to ten years of experience as an Online Banking Manager, the average salary would be 821,500 YER.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 1,004,400 YER.
  • 15 - 20 Years Experience. An Online Banking Manager with 15 to 20 years of experience can earn an average of 1,058,300 YER.
  • 20+ Years Experience. For an Online Banking Manager with more than 20 years, the expected average salary increases to 1,154,300 YER.

Average Salary by Experience Chart

0-2 Years
417,100 YER
2-5 Years +38%
578,500 YER
5-10 Years +42%
821,500 YER
10-15 Years +22%
1,004,400 YER
15-20 Years +6%
1,058,300 YER
20+ Years +9%
1,154,300 YER

Online Banking Manager Salary by Education Level in Yemen

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 an Online Banking Manager in Yemen 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. An Online Banking Manager in Yemen with a bachelor's degree education can earn an average salary of 578,500 YER.

  • Master's Degree. An Online Banking Manager in Yemen with a master's degree education can earn an average salary of 1,058,300 YER.

Average Salary by Education Chart

Bachelor's Degree
578,500 YER
Master's Degree +83%
1,058,300 YER

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 Yemen is around 167,000 to 500,000 YER 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.

Online Banking 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 Yemen, a male online banking manager will earn an average of 844,100 YER, while a female online banking manager will earn around 719,100 YER.

This means that a male online banking manager earns approximately 17% more than a female online banking manager for performing the same job.

Average Salary by Gender Chart in Yemen

Male
844,100 YER
Female -17%
719,100 YER

Online Banking Manager Average Pay Raise in Yemen

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 an Online Banking Manager in Yemen is around 9% every 29 months.

The national average pay raise across all professions and industries in Yemen 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 = ( 9 ÷ 29 ) × 12  = 4%

What this means is that an Online Banking Manager in Yemen can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Yemen for 2024

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

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

Banking
7%
Energy
5%
Information Technology
3%
Healthcare
1%
Travel
8%
Construction
6%
Education
4%

Online Banking Manager Bonus and Incentive Rates in Yemen

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.

An Online Banking Manager is a moderate bonus based job, with 67% of employees reporting at least one bonus in the last 12 months.

33% 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
67%
No Bonus
33%

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 Yemen earn approximately 11% more than private sector employees in the same role.

Public Sector
428,400 YER
Private Sector -11%
386,400 YER

Salaries for Jobs Similar to an Online Banking Manager

In the table below, we have salary information for jobs that are similar to an Online Banking Manager in Yemen.

Job Title Category Salary
AML Analyst Banking 605,700 YER
Assistant Bank Branch Manager Banking 510,200 YER
Assistant Bank Manager Banking 712,100 YER
ATM Manager Banking 565,100 YER
ATM Service Technician Banking 161,600 YER
Bank Accounts Analyst Banking 233,600 YER
Bank Accounts Collector Banking 138,800 YER
Bank Accounts Controller Banking 301,800 YER
Bank Accounts Executive Banking 464,400 YER
Bank Accounts Manager Banking 504,500 YER
Bank Auditing Manager Banking 545,300 YER
Bank Branch Manager Banking 739,500 YER
Bank Branch Operations Coordinator Banking 330,900 YER
Bank Clerk Banking 138,800 YER
Bank Client Service Associate Banking 191,600 YER
Bank Collector Banking 138,200 YER
Bank Compliance Specialist Banking 362,200 YER
Bank Manager Banking 823,900 YER
Bank Operational Risk Manager Banking 791,600 YER
Bank Operations Head Banking 854,300 YER
Bank Operations Officer Banking 351,900 YER
Bank Operations Specialist Banking 535,800 YER
Bank Process Manager Banking 478,100 YER
Bank Product Manager Banking 565,100 YER
Bank Programme Manager Banking 559,000 YER
Bank Project Manager Banking 660,500 YER
Bank Propositions Manager Banking 612,500 YER
Bank Quantitative Analyst Banking 421,400 YER
Bank Regional Manager Banking 906,500 YER
Bank Regional Risk Officer Banking 442,300 YER
Bank Relationship Manager Banking 626,800 YER
Bank Relationship Officer Banking 301,300 YER
Bank Teller Banking 154,700 YER
Banker Banking 305,600 YER
Banking Business Analyst Banking 447,300 YER
Banking Business Development Officer Banking 275,200 YER
Banking Business Planning Executive Banking 605,700 YER
Banking Product Manager Banking 518,900 YER
Banking Reference Data Manager Banking 462,300 YER
Banking Risk Analyst Banking 431,100 YER
Banking Technical Analyst Banking 227,600 YER
Bankruptcy Coordinator Banking 301,800 YER
Bill and Account Collector Banking 152,000 YER
Budget Analyst Banking 437,900 YER
Capital Risk Manager Banking 812,900 YER
Cards Marketing Manager Banking 551,200 YER
Cash Management Manager Banking 794,900 YER
Check Processing Manager Banking 553,400 YER
Commercial Vault Associate Banking 433,400 YER
Corporate Banker Banking 327,800 YER
Corporate Dealer Banking 447,700 YER
Credit Analyst Banking 340,400 YER
Credit and Collections Manager Banking 615,700 YER
Credit Card Fraud Investigator Banking 444,300 YER
Credit Portfolio Manager Banking 799,300 YER
Credit Risk Analyst Banking 500,100 YER
Credit Risk Associate Banking 492,400 YER
Direct Bank Sales Representative Banking 318,800 YER
Exchange Control Consultant Banking 442,300 YER
Executive Account Analyst Banking 431,300 YER
Financial Bank Planning Consultant Banking 562,200 YER
Financial Banking Analysis Manager Banking 650,800 YER
Financial Banking Assistant Banking 217,900 YER
Financial Banking Systems Manager Banking 590,200 YER
Foreign Exchange Manager Banking 659,400 YER
Fraud Analyst Banking 475,700 YER
Fraud Detection Associate Banking 308,900 YER
Fraud Detection Manager Banking 683,800 YER
Fraud Detection Supervisor Banking 385,300 YER
Internal Bank Audit Manager Banking 791,200 YER
Internal Bank Auditor Banking 436,200 YER
Internal Private Banker Banking 308,900 YER
International Banking Manager Banking 875,000 YER
Investment Banking Analyst Banking 646,600 YER
Loan Analyst Banking 448,500 YER
Loan Area Manager Banking 525,700 YER
Loan Audit Team Leader Banking 493,000 YER
Loan Branch Manager Banking 510,000 YER
Loan Business Development Officer Banking 259,100 YER
Loan Clerk Banking 158,700 YER
Loan Collection and Recovery Manager Banking 524,400 YER
Loan Collection Manager Banking 502,200 YER
Loan Collector Banking 150,000 YER
Loan Examiner Banking 187,300 YER
Loan Officer Banking 159,400 YER
Loan Processing Manager Banking 480,300 YER
Loan Processor Banking 190,500 YER
Loan Quality Assurance Auditor Banking 445,100 YER
Loan Quality Assurance Manager Banking 514,300 YER
Loan Quality Assurance Representative Banking 322,600 YER
Loan Review Manager Banking 507,300 YER
Loan Team Leader Banking 428,400 YER
Loans Manager Banking 588,500 YER
Mortgage Advisor Banking 308,900 YER
Mortgage Collection Manager Banking 535,900 YER
Mortgage Collector Banking 142,300 YER
Mortgage Credit Analyst Banking 239,000 YER
Mortgage Credit Manager Banking 475,700 YER
Mortgage Development Manager Banking 566,900 YER
Mortgage Document Reviewer Banking 201,100 YER
Mortgage Funding Manager Banking 562,600 YER
Mortgage Operations Manager Banking 757,600 YER
Mortgage Payment Processing Clerk Banking 172,200 YER
Mortgage Processing Manager Banking 518,900 YER
Mortgage Processor Banking 192,600 YER
Mortgage Quality Assurance Auditor Banking 424,900 YER
Mortgage Quality Assurance Manager Banking 504,500 YER
Mortgage Servicing Clerk Banking 154,700 YER
Mortgage Servicing Manager Banking 464,400 YER
Mortgage Underwriter Banking 175,900 YER
Payment Processing Clerk Banking 150,000 YER
Personal Banker Banking 307,400 YER
Personal Banking Advisor Banking 330,700 YER
Phone Banker Banking 208,600 YER
Private Banker Banking 313,700 YER
Reconciliation and Investigation Specialist Banking 345,100 YER
Tax Officer Banking 263,900 YER
Teller Banking 152,000 YER
Trade Officer Banking 187,500 YER
Trade Product Manager Banking 504,400 YER
Trader Banking 221,500 YER
Treasury Operations Officer Banking 385,300 YER

Salary Comparison by City

If you want to compare salaries with different cities in Yemen, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Aden 764,350 YER
Sanaa 700,950 YER
Taizz 641,450 YER

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