Average Paymaster Salary in Seychelles for 2026

In this article, we will look at the average Paymaster salary for 2026 in Seychelles 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 Seychellois rupee. To keep things simple, we are using the SCR currency code instead of the currency symbol .

How Much Does a Paymaster Make in Seychelles?

A Paymaster working in Seychelles will typically earn around 123,400 SCR per year, and this can range from the lowest average salary of about 57,320 SCR to the highest average salary of 194,600 SCR.

Average Annual Salary123,400 SCR
Average Monthly Salary10,283 SCR
Average Lowest Salary57,320 SCR
Lowest Monthly Salary4,776 SCR
Average Highest Salary194,600 SCR
Highest Monthly Salary16,216 SCR

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

Paymaster 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 Paymaster Salaries in Seychelles

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

Salary ranges

We already know that a Paymaster can earn between 57,320 SCR and 194,600 SCR on average in Seychelles. 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 Paymaster in Seychelles is 128,900 SCR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 128,900 SCR, and 50% of the population earn more than 128,900 SCR.

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 Paymaster salary in Seychelles, 25% of the population are earning less than 83,100 SCR while 75% of the population earn more than 83,100 SCR.

75% of the population earn less than 172,200 SCR, and 25% of the population earn more than 172,200 SCR.

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.

Paymaster Salary by Experience Level in Seychelles

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 Paymaster 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 Paymaster in Seychelles that has less than two years of experience can expect to earn somewhere in the region of 66,100 SCR.
  • 2 - 5 Years Experience. With two to five years of experience the average Paymaster salary would increase to 92,900 SCR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Paymaster, the average salary would be 128,900 SCR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 159,400 SCR.
  • 15 - 20 Years Experience. A Paymaster with 15 to 20 years of experience can earn an average of 167,100 SCR.
  • 20+ Years Experience. For a Paymaster with more than 20 years, the expected average salary increases to 183,700 SCR.

Average Salary by Experience Chart

0-2 Years-
66,100 SCR
2-5 Years+38%
92,900 SCR
5-10 Years+42%
128,900 SCR
10-15 Years+22%
159,400 SCR
15-20 Years+6%
167,100 SCR
20+ Years+9%
183,700 SCR

Paymaster Salary by Education Level in Seychelles

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 Paymaster in Seychelles 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 Paymaster in Seychelles with a high school education can earn an average salary of 82,920 SCR.
  • Certificate or Diploma. A Paymaster in Seychelles with a certificate or diploma education can earn an average salary of 94,380 SCR.
  • Bachelor's Degree. A Paymaster in Seychelles with a bachelor's degree education can earn an average salary of 138,200 SCR.
  • Master's Degree. A Paymaster in Seychelles with a master's degree education can earn an average salary of 183,700 SCR.

Average Salary by Education Chart

High School-
82,920 SCR
Certificate or Diploma+17%
94,380 SCR
Bachelor's Degree+45%
138,200 SCR
Master's Degree+31%
183,700 SCR

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 Seychelles is around 98,200 to 295,000 SCR 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.

Paymaster 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 Seychelles, a male paymaster will earn an average of 130,400 SCR, while a female paymaster will earn around 114,000 SCR.

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

Average Salary by Gender Chart in Seychelles

Male-
130,400 SCR
Female-14%
114,000 SCR

Paymaster Average Pay Raise in Seychelles

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 Paymaster in Seychelles is around 7% every 27 months.

The national average pay raise across all professions and industries in Seychelles is around 5% every 28 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 = ( 7 ÷ 27 ) × 12  = 3%

What this means is that a Paymaster in Seychelles can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Seychelles for 2026

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

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%

Paymaster Bonus and Incentive Rates in Seychelles

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 Paymaster is a low bonus based job, with 14% of employees reporting at least one bonus in the last 12 months.

86% 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-
14%
No Bonus-
86%

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 Seychelles earn approximately 5% more than private sector employees in the same role.

Public Sector-
240,500 SCR
Private Sector-5%
228,500 SCR

Salaries for Jobs Similar to a Paymaster

In the table below, we have salary information for jobs that are similar to a Paymaster in Seychelles.

Job TitleCategorySalary
Account ExaminerAccounting and Finance113,280 SCR
Account ExecutiveAccounting and Finance209,500 SCR
AccountantAccounting and Finance150,000 SCR
Accounting AnalystAccounting and Finance195,200 SCR
Accounting AssistantAccounting and Finance116,180 SCR
Accounting AssociateAccounting and Finance114,820 SCR
Accounting ClerkAccounting and Finance96,960 SCR
Accounting CoordinatorAccounting and Finance136,200 SCR
Accounting HeadAccounting and Finance335,100 SCR
Accounting ManagerAccounting and Finance352,000 SCR
Accounting OfficerAccounting and Finance115,940 SCR
Accounting SpecialistAccounting and Finance212,500 SCR
Accounting SupervisorAccounting and Finance214,000 SCR
Accounting TechnicianAccounting and Finance109,000 SCR
Accounting Unit ControllerAccounting and Finance266,000 SCR
Accounts ExecutiveAccounting and Finance194,600 SCR
Accounts OfficerAccounting and Finance125,100 SCR
Accounts Payable AssistantAccounting and Finance129,000 SCR
Accounts Payable AssociateAccounting and Finance143,200 SCR
Accounts Payable ClerkAccounting and Finance123,400 SCR
Accounts Payable ManagerAccounting and Finance322,600 SCR
Accounts Payable and Receivable SpecialistAccounting and Finance164,200 SCR
Accounts Receivable AdministratorAccounting and Finance228,500 SCR
Accounts Receivable ClerkAccounting and Finance119,900 SCR
Accounts Receivable Financial AnalystAccounting and Finance228,000 SCR
Accounts Receivable ManagerAccounting and Finance314,500 SCR
Accounts Receivable Team LeaderAccounting and Finance239,000 SCR
Assistant AccountantAccounting and Finance124,400 SCR
Assistant Accounting ManagerAccounting and Finance294,700 SCR
Assistant AuditorAccounting and Finance159,100 SCR
Assistant Corporate ControllerAccounting and Finance221,500 SCR
Assistant Finance ManagerAccounting and Finance332,100 SCR
Assistant Financial ControllerAccounting and Finance225,700 SCR
Audit DirectorAccounting and Finance362,200 SCR
Audit SupervisorAccounting and Finance283,700 SCR
Auditing ClerkAccounting and Finance125,100 SCR
Auditing ManagerAccounting and Finance318,800 SCR
Billing ClerkAccounting and Finance118,380 SCR
Billing CoordinatorAccounting and Finance138,800 SCR
Billing SpecialistAccounting and Finance172,400 SCR
Billing SupervisorAccounting and Finance252,300 SCR
BookkeeperAccounting and Finance106,980 SCR
Bookkeeping SpecialistAccounting and Finance148,300 SCR
Budget AnalystAccounting and Finance283,400 SCR
Budget ManagerAccounting and Finance335,800 SCR
Business Support AnalystAccounting and Finance180,300 SCR
Capital Markets AssociateAccounting and Finance232,400 SCR
Cash Flow AnalystAccounting and Finance245,300 SCR
Cash Management ManagerAccounting and Finance318,800 SCR
Cash Management OfficerAccounting and Finance183,700 SCR
Cashbook ClerkAccounting and Finance111,920 SCR
Chartered AccountantAccounting and Finance204,700 SCR
Chief AccountantAccounting and Finance228,500 SCR
Collections ClerkAccounting and Finance95,600 SCR
Collections RepresentativeAccounting and Finance142,300 SCR
Collections SpecialistAccounting and Finance158,700 SCR
Corporate ControllerAccounting and Finance263,200 SCR
Corporate TreasurerAccounting and Finance294,700 SCR
Cost AccountantAccounting and Finance159,500 SCR
Cost Accounting ManagerAccounting and Finance305,600 SCR
Cost Accounting SupervisorAccounting and Finance261,300 SCR
Cost AnalystAccounting and Finance240,500 SCR
Credit ControllerAccounting and Finance210,500 SCR
Credit ManagerAccounting and Finance314,500 SCR
Credit and Collection ManagerAccounting and Finance325,600 SCR
Credit and Collection StaffAccounting and Finance125,100 SCR
Credit and Loans OfficerAccounting and Finance111,240 SCR
Debt AdviserAccounting and Finance265,000 SCR
Debt CollectorAccounting and Finance129,000 SCR
Debtors ClerkAccounting and Finance106,820 SCR
Debtors ControllerAccounting and Finance115,940 SCR
Deputy CFOAccounting and Finance440,200 SCR
Deputy Head of FinanceAccounting and Finance433,800 SCR
Derivative TraderAccounting and Finance267,100 SCR
Director of FinanceAccounting and Finance483,400 SCR
EconomistAccounting and Finance365,400 SCR
Equity AnalystAccounting and Finance267,100 SCR
Escrow AssistantAccounting and Finance148,300 SCR
Executive AccountantAccounting and Finance185,100 SCR
External AuditorAccounting and Finance210,500 SCR
Finance AdministratorAccounting and Finance187,300 SCR
Finance AnalystAccounting and Finance275,200 SCR
Finance AssociateAccounting and Finance138,200 SCR
Finance DirectorAccounting and Finance467,100 SCR
Finance ExecutiveAccounting and Finance322,600 SCR
Finance Licensing ClerkAccounting and Finance114,900 SCR
Finance Licensing ManagerAccounting and Finance301,800 SCR
Finance Licensing SpecialistAccounting and Finance169,000 SCR
Finance ManagerAccounting and Finance440,200 SCR
Finance OfficerAccounting and Finance151,800 SCR
Finance PresidentAccounting and Finance472,000 SCR
Finance Relationship ManagerAccounting and Finance351,200 SCR
Finance Release AnalystAccounting and Finance190,500 SCR
Finance SpecialistAccounting and Finance259,100 SCR
Finance Team Leader Accounting and Finance340,000 SCR
Financial AccountantAccounting and Finance159,100 SCR
Financial ActuaryAccounting and Finance233,600 SCR
Financial AdministratorAccounting and Finance268,900 SCR
Financial AdvisorAccounting and Finance282,300 SCR
Financial AnalystAccounting and Finance275,500 SCR
Financial Applications SpecialistAccounting and Finance197,600 SCR
Financial AssistantAccounting and Finance127,700 SCR
Financial AssociateAccounting and Finance125,100 SCR
Financial AssociateAccounting and Finance148,300 SCR
Financial Claims AnalystAccounting and Finance212,500 SCR
Financial Claims ManagerAccounting and Finance281,500 SCR
Financial Claims SupervisorAccounting and Finance259,100 SCR
Financial ClerkAccounting and Finance115,220 SCR
Financial Commercial AnalystAccounting and Finance221,500 SCR
Financial Compliance AnalystAccounting and Finance252,300 SCR
Financial ConsultantAccounting and Finance210,500 SCR
Financial ControllerAccounting and Finance239,300 SCR
Financial ControllerAccounting and Finance247,800 SCR
Financial CoordinatorAccounting and Finance152,100 SCR
Financial Customer Service ManagerAccounting and Finance301,600 SCR
Financial Dealer and BrokerAccounting and Finance167,100 SCR
Financial DirectorAccounting and Finance480,300 SCR
Financial EncoderAccounting and Finance136,100 SCR
Financial ManagerAccounting and Finance420,100 SCR
Financial ManagerAccounting and Finance448,500 SCR
Financial Operations ManagerAccounting and Finance421,400 SCR
Financial Policy AnalystAccounting and Finance233,600 SCR
Financial Project ManagerAccounting and Finance313,700 SCR
Financial Quantitative AnalystAccounting and Finance263,200 SCR
Financial Reporting ConsultantAccounting and Finance225,700 SCR
Financial Reporting ManagerAccounting and Finance290,800 SCR
Financial Section HeadAccounting and Finance292,000 SCR
Financial Services ManagerAccounting and Finance406,300 SCR
Financial Services Sales AgentAccounting and Finance164,200 SCR
Fixed Assets AdministratorAccounting and Finance172,200 SCR
Forensic AccountantAccounting and Finance175,900 SCR
Fraud Detection SupervisorAccounting and Finance204,700 SCR
Fraud Prevention ManagerAccounting and Finance332,100 SCR
Fund AccountantAccounting and Finance157,600 SCR
Grants CoordinatorAccounting and Finance116,380 SCR
Group Financial ManagerAccounting and Finance430,500 SCR
Internal AuditorAccounting and Finance201,100 SCR
Internal Control AdviserAccounting and Finance257,700 SCR
Internal Control OfficerAccounting and Finance143,200 SCR
International Tax DirectorAccounting and Finance385,300 SCR
Inventory AccountantAccounting and Finance161,600 SCR
Investment AdvisorAccounting and Finance431,300 SCR
Investment AnalystAccounting and Finance318,800 SCR
Investment AssociateAccounting and Finance258,400 SCR
Investment BrokerAccounting and Finance267,100 SCR
Investment Fund ManagerAccounting and Finance340,000 SCR
Investment Operations ManagerAccounting and Finance353,600 SCR
Investment UnderwriterAccounting and Finance129,000 SCR
InvestorAccounting and Finance196,800 SCR
Investor Relations ManagerAccounting and Finance301,700 SCR
KYC Team LeaderAccounting and Finance294,700 SCR
Loan ProcessorAccounting and Finance125,700 SCR
Management AccountantAccounting and Finance169,000 SCR
Management EconomistAccounting and Finance351,900 SCR
Payroll AdministratorAccounting and Finance205,700 SCR
Payroll Benefits CoordinatorAccounting and Finance183,600 SCR
Payroll Billing ManagerAccounting and Finance301,800 SCR
Payroll ClerkAccounting and Finance136,100 SCR
Payroll ManagerAccounting and Finance279,400 SCR
Payroll OfficerAccounting and Finance142,300 SCR
Payroll SpecialistAccounting and Finance169,000 SCR
Payroll SupervisorAccounting and Finance194,600 SCR
Pensions AdministratorAccounting and Finance159,400 SCR
Personal Financial AdvisorAccounting and Finance225,300 SCR
Pricing AnalystAccounting and Finance252,300 SCR
Private Equity AnalystAccounting and Finance277,400 SCR
Project AccountantAccounting and Finance159,500 SCR
Proposal Development CoordinatorAccounting and Finance136,100 SCR
Receivables AccountantAccounting and Finance148,300 SCR
Regulatory AccountantAccounting and Finance167,100 SCR
Retirement Plan AnalystAccounting and Finance263,200 SCR
Revenue Management SpecialistAccounting and Finance272,800 SCR
Revenue Recognition AnalystAccounting and Finance277,400 SCR
Risk Management DirectorAccounting and Finance394,800 SCR
Risk Management SupervisorAccounting and Finance322,600 SCR
Staff AccountantAccounting and Finance148,300 SCR
Tax AccountantAccounting and Finance158,700 SCR
Tax AdministratorAccounting and Finance172,200 SCR
Tax AdvisorAccounting and Finance243,000 SCR
Tax AnalystAccounting and Finance240,500 SCR
Tax AssociateAccounting and Finance138,800 SCR
Tax ConsultantAccounting and Finance249,600 SCR
Tax DirectorAccounting and Finance361,500 SCR
Tax ExaminerAccounting and Finance161,600 SCR
Tax ManagerAccounting and Finance330,900 SCR
Tax Research ManagerAccounting and Finance327,300 SCR
TellerAccounting and Finance94,400 SCR
Treasury AccountantAccounting and Finance164,200 SCR
Treasury AnalystAccounting and Finance267,100 SCR
UnderwriterAccounting and Finance107,320 SCR
Underwriting AssistantAccounting and Finance101,840 SCR
Vice President of FinanceAccounting and Finance450,300 SCR

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