Average Pensions Administrator Salary in Rwanda for 2024

In this article, we will look at the average Pensions Administrator salary for 2024 in Rwanda 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 Rwandan franc. To keep things simple, we are using the RWF currency code instead of the currency symbol Fr.

How Much Does a Pensions Administrator Make in Rwanda?

A Pensions Administrator working in Rwanda will typically earn around 5,698,400 RWF per year, and this can range from the lowest average salary of about 2,629,100 RWF to the highest average salary of 9,060,600 RWF.

Average Annual Salary
5,698,400 RWF
Average Monthly Salary
474,866 RWF

Lowest Annual Salary
2,629,100 RWF
Lowest Monthly Salary
219,091 RWF

Highest Annual Salary
9,060,600 RWF
Highest Monthly Salary
755,050 RWF

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

Pensions Administrator 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 Pensions Administrator Salaries in Rwanda

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

Salary ranges

We already know that a Pensions Administrator can earn between 2,629,100 RWF and 9,060,600 RWF on average in Rwanda. 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 Pensions Administrator in Rwanda is 6,156,100 RWF. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 6,156,100 RWF, and 50% of the population earn more than 6,156,100 RWF.

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 Pensions Administrator salary in Rwanda, 25% of the population are earning less than 3,946,200 RWF while 75% of the population earn more than 3,946,200 RWF.

75% of the population earn less than 8,218,100 RWF, and 25% of the population earn more than 8,218,100 RWF.

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.

Pensions Administrator Salary by Experience Level in Rwanda

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 pensions administrator 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 Pensions Administrator in Rwanda that has less than two years of experience can expect to earn somewhere in the region of 2,976,900 RWF.
  • 2 - 5 Years Experience. With two to five years of experience the average Pensions Administrator salary would increase to 3,970,700 RWF.
  • 5 - 10 Years Experience. From five to ten years of experience as a Pensions Administrator, the average salary would be 5,880,300 RWF.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 7,164,900 RWF.
  • 15 - 20 Years Experience. A Pensions Administrator with 15 to 20 years of experience can earn an average of 7,812,200 RWF.
  • 20+ Years Experience. For a Pensions Administrator with more than 20 years, the expected average salary increases to 8,448,800 RWF.

Average Salary by Experience Chart

0-2 Years
2,976,900 RWF
2-5 Years +34%
3,970,700 RWF
5-10 Years +48%
5,880,300 RWF
10-15 Years +22%
7,164,900 RWF
15-20 Years +9%
7,812,200 RWF
20+ Years +8%
8,448,800 RWF

Pensions Administrator Salary by Education Level in Rwanda

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 Pensions Administrator in Rwanda 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 Pensions Administrator in Rwanda with a high school education can earn an average salary of 3,648,200 RWF.

  • Certificate or Diploma. A Pensions Administrator in Rwanda with a certificate or diploma education can earn an average salary of 4,297,400 RWF.

  • Bachelor's Degree. A Pensions Administrator in Rwanda with a bachelor's degree education can earn an average salary of 6,228,100 RWF.

  • Master's Degree. A Pensions Administrator in Rwanda with a master's degree education can earn an average salary of 8,159,800 RWF.

Average Salary by Education Chart

High School
3,648,200 RWF
Certificate or Diploma +18%
4,297,400 RWF
Bachelor's Degree +45%
6,228,100 RWF
Master's Degree +31%
8,159,800 RWF

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 Rwanda is around 3,460,000 to 10,400,000 RWF 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.

Pensions Administrator 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 Rwanda, a male pensions administrator will earn an average of 6,011,900 RWF, while a female pensions administrator will earn around 5,388,100 RWF.

This means that a male pensions administrator earns approximately 12% more than a female pensions administrator for performing the same job.

Average Salary by Gender Chart in Rwanda

Male
6,011,900 RWF
Female -12%
5,388,100 RWF

Pensions Administrator Average Pay Raise in Rwanda

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 Pensions Administrator in Rwanda is around 8% every 27 months.

The national average pay raise across all professions and industries in Rwanda 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 = ( 8 ÷ 27 ) × 12  = 4%

What this means is that a Pensions Administrator in Rwanda can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Rwanda for 2024

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

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%

Pensions Administrator Bonus and Incentive Rates in Rwanda

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 Pensions Administrator 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 Rwanda earn approximately 25% more than private sector employees in the same role.

Public Sector
9,215,300 RWF
Private Sector -25%
7,393,200 RWF

Salaries for Jobs Similar to a Pensions Administrator

In the table below, we have salary information for jobs that are similar to a Pensions Administrator in Rwanda.

Job Title Category Salary
Account Examiner Accounting and Finance 4,249,700 RWF
Account Executive Accounting and Finance 7,271,300 RWF
Accountant Accounting and Finance 5,461,900 RWF
Accounting Analyst Accounting and Finance 7,030,600 RWF
Accounting Assistant Accounting and Finance 4,187,600 RWF
Accounting Associate Accounting and Finance 4,201,000 RWF
Accounting Clerk Accounting and Finance 3,421,600 RWF
Accounting Coordinator Accounting and Finance 5,088,900 RWF
Accounting Head Accounting and Finance 11,518,700 RWF
Accounting Manager Accounting and Finance 12,361,500 RWF
Accounting Officer Accounting and Finance 4,162,800 RWF
Accounting Specialist Accounting and Finance 7,453,000 RWF
Accounting Supervisor Accounting and Finance 7,726,700 RWF
Accounting Technician Accounting and Finance 4,079,300 RWF
Accounting Unit Controller Accounting and Finance 9,385,400 RWF
Accounts Executive Accounting and Finance 7,416,400 RWF
Accounts Officer Accounting and Finance 4,224,200 RWF
Accounts Payable and Receivable Specialist Accounting and Finance 5,471,700 RWF
Accounts Payable Assistant Accounting and Finance 4,332,900 RWF
Accounts Payable Associate Accounting and Finance 5,209,200 RWF
Accounts Payable Clerk Accounting and Finance 4,249,700 RWF
Accounts Payable Manager Accounting and Finance 11,050,300 RWF
Accounts Receivable Administrator Accounting and Finance 8,029,300 RWF
Accounts Receivable Clerk Accounting and Finance 4,079,300 RWF
Accounts Receivable Financial Analyst Accounting and Finance 7,834,900 RWF
Accounts Receivable Manager Accounting and Finance 10,429,300 RWF
Accounts Receivable Team Leader Accounting and Finance 8,029,300 RWF
Assistant Accountant Accounting and Finance 4,270,100 RWF
Assistant Accounting Manager Accounting and Finance 10,669,400 RWF
Assistant Auditor Accounting and Finance 5,579,400 RWF
Assistant Corporate Controller Accounting and Finance 7,453,000 RWF
Assistant Finance Manager Accounting and Finance 11,638,300 RWF
Assistant Financial Controller Accounting and Finance 7,606,200 RWF
Audit Director Accounting and Finance 12,600,600 RWF
Audit Supervisor Accounting and Finance 9,804,400 RWF
Auditing Clerk Accounting and Finance 4,224,200 RWF
Auditing Manager Accounting and Finance 11,411,600 RWF
Billing Clerk Accounting and Finance 4,187,600 RWF
Billing Coordinator Accounting and Finance 4,908,200 RWF
Billing Specialist Accounting and Finance 6,058,300 RWF
Billing Supervisor Accounting and Finance 8,724,700 RWF
Bookkeeper Accounting and Finance 3,685,200 RWF
Bookkeeping Specialist Accounting and Finance 5,567,700 RWF
Budget Analyst Accounting and Finance 9,430,600 RWF
Budget Manager Accounting and Finance 11,065,000 RWF
Business Support Analyst Accounting and Finance 6,300,400 RWF
Capital Markets Associate Accounting and Finance 8,604,800 RWF
Cash Flow Analyst Accounting and Finance 8,771,100 RWF
Cash Management Manager Accounting and Finance 11,267,200 RWF
Cash Management Officer Accounting and Finance 6,420,700 RWF
Cashbook Clerk Accounting and Finance 3,959,700 RWF
Chartered Accountant Accounting and Finance 6,984,300 RWF
Chief Accountant Accounting and Finance 8,149,100 RWF
Collections Clerk Accounting and Finance 3,514,400 RWF
Collections Representative Accounting and Finance 4,966,200 RWF
Collections Specialist Accounting and Finance 5,591,900 RWF
Corporate Controller Accounting and Finance 8,554,100 RWF
Corporate Treasurer Accounting and Finance 10,475,000 RWF
Cost Accountant Accounting and Finance 5,412,700 RWF
Cost Accounting Manager Accounting and Finance 10,656,400 RWF
Cost Accounting Supervisor Accounting and Finance 8,664,400 RWF
Cost Analyst Accounting and Finance 9,276,800 RWF
Credit and Collection Manager Accounting and Finance 10,716,600 RWF
Credit and Collection Staff Accounting and Finance 4,187,600 RWF
Credit and Loans Officer Accounting and Finance 4,116,600 RWF
Credit Controller Accounting and Finance 7,726,700 RWF
Credit Manager Accounting and Finance 11,638,300 RWF
Debt Adviser Accounting and Finance 9,634,900 RWF
Debt Collector Accounting and Finance 4,609,700 RWF
Debtors Clerk Accounting and Finance 3,781,400 RWF
Debtors Controller Accounting and Finance 4,162,800 RWF
Deputy CFO Accounting and Finance 15,599,800 RWF
Deputy Head of Finance Accounting and Finance 15,001,200 RWF
Derivative Trader Accounting and Finance 9,623,400 RWF
Director of Finance Accounting and Finance 16,561,800 RWF
Economist Accounting and Finance 13,561,900 RWF
Equity Analyst Accounting and Finance 10,321,700 RWF
Escrow Assistant Accounting and Finance 4,883,400 RWF
Executive Accountant Accounting and Finance 6,420,700 RWF
External Auditor Accounting and Finance 7,523,300 RWF
Finance Administrator Accounting and Finance 6,804,900 RWF
Finance Analyst Accounting and Finance 9,695,200 RWF
Finance Associate Accounting and Finance 4,966,200 RWF
Finance Director Accounting and Finance 16,561,800 RWF
Finance Executive Accounting and Finance 11,399,200 RWF
Finance Licensing Clerk Accounting and Finance 4,116,600 RWF
Finance Licensing Manager Accounting and Finance 10,691,100 RWF
Finance Licensing Specialist Accounting and Finance 5,940,300 RWF
Finance Manager Accounting and Finance 15,360,400 RWF
Finance Officer Accounting and Finance 5,351,400 RWF
Finance President Accounting and Finance 16,561,800 RWF
Finance Relationship Manager Accounting and Finance 13,441,600 RWF
Finance Release Analyst Accounting and Finance 6,420,700 RWF
Finance Specialist Accounting and Finance 8,891,600 RWF
Finance Team Leader Accounting and Finance 12,721,300 RWF
Financial Accountant Accounting and Finance 5,579,400 RWF
Financial Actuary Accounting and Finance 8,377,500 RWF
Financial Administrator Accounting and Finance 9,634,900 RWF
Financial Advisor Accounting and Finance 10,572,800 RWF
Financial Analyst Accounting and Finance 10,102,100 RWF
Financial Applications Specialist Accounting and Finance 6,862,900 RWF
Financial Assistant Accounting and Finance 4,332,900 RWF
Financial Associate Accounting and Finance 4,609,700 RWF
Financial Associate Accounting and Finance 5,461,900 RWF
Financial Claims Analyst Accounting and Finance 7,236,200 RWF
Financial Claims Manager Accounting and Finance 10,378,100 RWF
Financial Claims Supervisor Accounting and Finance 9,456,600 RWF
Financial Clerk Accounting and Finance 4,369,800 RWF
Financial Commercial Analyst Accounting and Finance 8,075,200 RWF
Financial Compliance Analyst Accounting and Finance 8,664,400 RWF
Financial Consultant Accounting and Finance 7,331,800 RWF
Financial Controller Accounting and Finance 8,737,100 RWF
Financial Controller Accounting and Finance 9,276,800 RWF
Financial Coordinator Accounting and Finance 5,340,600 RWF
Financial Customer Service Manager Accounting and Finance 10,009,300 RWF
Financial Dealer and Broker Accounting and Finance 6,179,700 RWF
Financial Director Accounting and Finance 15,838,200 RWF
Financial Encoder Accounting and Finance 4,752,100 RWF
Financial Manager Accounting and Finance 15,001,200 RWF
Financial Manager Accounting and Finance 15,960,700 RWF
Financial Operations Manager Accounting and Finance 14,280,500 RWF
Financial Policy Analyst Accounting and Finance 8,496,400 RWF
Financial Project Manager Accounting and Finance 11,065,000 RWF
Financial Quantitative Analyst Accounting and Finance 9,623,400 RWF
Financial Reporting Consultant Accounting and Finance 8,075,200 RWF
Financial Reporting Manager Accounting and Finance 10,475,000 RWF
Financial Section Head Accounting and Finance 10,475,000 RWF
Financial Services Manager Accounting and Finance 14,280,500 RWF
Financial Services Sales Agent Accounting and Finance 5,926,600 RWF
Fixed Assets Administrator Accounting and Finance 5,818,100 RWF
Forensic Accountant Accounting and Finance 6,804,900 RWF
Fraud Detection Supervisor Accounting and Finance 6,613,100 RWF
Fraud Prevention Manager Accounting and Finance 11,867,000 RWF
Fund Accountant Accounting and Finance 5,461,900 RWF
Grants Coordinator Accounting and Finance 4,332,900 RWF
Group Financial Manager Accounting and Finance 16,079,800 RWF
Internal Auditor Accounting and Finance 7,789,700 RWF
Internal Control Adviser Accounting and Finance 8,434,700 RWF
Internal Control Officer Accounting and Finance 5,063,200 RWF
International Tax Director Accounting and Finance 12,958,200 RWF
Inventory Accountant Accounting and Finance 5,818,100 RWF
Investment Advisor Accounting and Finance 15,001,200 RWF
Investment Analyst Accounting and Finance 10,824,400 RWF
Investment Associate Accounting and Finance 9,191,000 RWF
Investment Broker Accounting and Finance 9,010,800 RWF
Investment Fund Manager Accounting and Finance 11,974,500 RWF
Investment Operations Manager Accounting and Finance 12,958,200 RWF
Investment Underwriter Accounting and Finance 4,943,500 RWF
Investor Accounting and Finance 7,105,200 RWF
Investor Relations Manager Accounting and Finance 10,835,000 RWF
KYC Team Leader Accounting and Finance 10,595,000 RWF
Loan Processor Accounting and Finance 4,450,400 RWF
Management Accountant Accounting and Finance 6,241,000 RWF
Management Economist Accounting and Finance 12,600,600 RWF
Paymaster Accounting and Finance 4,510,700 RWF
Payroll Administrator Accounting and Finance 7,067,300 RWF
Payroll Benefits Coordinator Accounting and Finance 6,433,500 RWF
Payroll Billing Manager Accounting and Finance 10,429,300 RWF
Payroll Clerk Accounting and Finance 5,063,200 RWF
Payroll Manager Accounting and Finance 10,429,300 RWF
Payroll Officer Accounting and Finance 4,870,300 RWF
Payroll Specialist Accounting and Finance 5,698,400 RWF
Payroll Supervisor Accounting and Finance 7,129,200 RWF
Personal Financial Advisor Accounting and Finance 8,483,700 RWF
Pricing Analyst Accounting and Finance 9,456,600 RWF
Private Equity Analyst Accounting and Finance 9,925,000 RWF
Project Accountant Accounting and Finance 5,818,100 RWF
Proposal Development Coordinator Accounting and Finance 4,786,100 RWF
Receivables Accountant Accounting and Finance 5,267,700 RWF
Regulatory Accountant Accounting and Finance 6,118,800 RWF
Retirement Plan Analyst Accounting and Finance 8,554,100 RWF
Revenue Management Specialist Accounting and Finance 9,634,900 RWF
Revenue Recognition Analyst Accounting and Finance 10,333,800 RWF
Risk Management Director Accounting and Finance 13,679,300 RWF
Risk Management Supervisor Accounting and Finance 11,050,300 RWF
Staff Accountant Accounting and Finance 5,242,700 RWF
Tax Accountant Accounting and Finance 5,388,100 RWF
Tax Administrator Accounting and Finance 6,058,300 RWF
Tax Advisor Accounting and Finance 8,377,500 RWF
Tax Analyst Accounting and Finance 8,206,100 RWF
Tax Associate Accounting and Finance 4,752,100 RWF
Tax Consultant Accounting and Finance 9,276,800 RWF
Tax Director Accounting and Finance 13,199,100 RWF
Tax Examiner Accounting and Finance 6,179,700 RWF
Tax Manager Accounting and Finance 11,173,600 RWF
Tax Research Manager Accounting and Finance 10,943,000 RWF
Teller Accounting and Finance 3,455,900 RWF
Treasury Accountant Accounting and Finance 5,902,400 RWF
Treasury Analyst Accounting and Finance 8,891,600 RWF
Underwriter Accounting and Finance 3,769,500 RWF
Underwriting Assistant Accounting and Finance 3,829,500 RWF
Vice President of Finance Accounting and Finance 14,760,200 RWF

Salary Comparison by City

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

City Average Salary
Kigali 6,600,900 RWF

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