Average Personal Banker Salary in Moldova for 2024

In this article, we will look at the average Personal Banker salary for 2024 in Moldova 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 Moldovan leu. To keep things simple, we are using the MDL currency code instead of the currency symbol L.

How Much Does a Personal Banker Make in Moldova?

A Personal Banker working in Moldova will typically earn around 245,300 MDL per year, and this can range from the lowest average salary of about 120,880 MDL to the highest average salary of 383,300 MDL.

Average Annual Salary
245,300 MDL
Average Monthly Salary
20,441 MDL

Lowest Annual Salary
120,880 MDL
Lowest Monthly Salary
10,073 MDL

Highest Annual Salary
383,300 MDL
Highest Monthly Salary
31,941 MDL

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

Personal Banker 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 Personal Banker Salaries in Moldova

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

Salary ranges

We already know that a Personal Banker can earn between 120,880 MDL and 383,300 MDL on average in Moldova. 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 Personal Banker in Moldova is 251,500 MDL. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 251,500 MDL, and 50% of the population earn more than 251,500 MDL.

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 Personal Banker salary in Moldova, 25% of the population are earning less than 168,100 MDL while 75% of the population earn more than 168,100 MDL.

75% of the population earn less than 320,500 MDL, and 25% of the population earn more than 320,500 MDL.

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.

Personal Banker Salary by Experience Level in Moldova

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 personal banker 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 Personal Banker in Moldova that has less than two years of experience can expect to earn somewhere in the region of 142,300 MDL.
  • 2 - 5 Years Experience. With two to five years of experience the average Personal Banker salary would increase to 183,600 MDL.
  • 5 - 10 Years Experience. From five to ten years of experience as a Personal Banker, the average salary would be 253,400 MDL.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 311,700 MDL.
  • 15 - 20 Years Experience. A Personal Banker with 15 to 20 years of experience can earn an average of 335,100 MDL.
  • 20+ Years Experience. For a Personal Banker with more than 20 years, the expected average salary increases to 357,300 MDL.

Average Salary by Experience Chart

0-2 Years
142,300 MDL
2-5 Years +29%
183,600 MDL
5-10 Years +38%
253,400 MDL
10-15 Years +24%
311,700 MDL
15-20 Years +7%
335,100 MDL
20+ Years +7%
357,300 MDL

Personal Banker Salary by Education Level in Moldova

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 Personal Banker in Moldova 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 Personal Banker in Moldova with a certificate or diploma education can earn an average salary of 183,600 MDL.

  • Bachelor's Degree. A Personal Banker in Moldova with a bachelor's degree education can earn an average salary of 246,200 MDL.

  • Master's Degree. A Personal Banker in Moldova with a master's degree education can earn an average salary of 377,200 MDL.

Average Salary by Education Chart

Certificate or Diploma
183,600 MDL
Bachelor's Degree +34%
246,200 MDL
Master's Degree +53%
377,200 MDL

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 Moldova is around 133,000 to 400,000 MDL 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.

Personal Banker 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 Moldova, a male personal banker will earn an average of 253,400 MDL, while a female personal banker will earn around 233,600 MDL.

This means that a male personal banker earns approximately 8% more than a female personal banker for performing the same job.

Average Salary by Gender Chart in Moldova

Male
253,400 MDL
Female -8%
233,600 MDL

Personal Banker Average Pay Raise in Moldova

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 Personal Banker in Moldova is around 7% every 28 months.

The national average pay raise across all professions and industries in Moldova 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 = ( 7 ÷ 28 ) × 12  = 3%

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

Annual Pay Raise by Industry in Moldova for 2024

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

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

Banking
6%
Energy
3%
Information Technology
9%
Healthcare
6%
Travel
3%
Construction
9%
Education
6%

Personal Banker Bonus and Incentive Rates in Moldova

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 Personal Banker is a low bonus based job, with 38% of employees reporting at least one bonus in the last 12 months.

62% 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 3% to 6%.

Received Bonus
38%
No Bonus
62%

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 Moldova earn approximately 14% more than private sector employees in the same role.

Public Sector
335,800 MDL
Private Sector -14%
294,300 MDL

Salaries for Jobs Similar to a Personal Banker

In the table below, we have salary information for jobs that are similar to a Personal Banker in Moldova.

Job Title Category Salary
AML Analyst Banking 485,300 MDL
Assistant Bank Branch Manager Banking 409,000 MDL
Assistant Bank Manager Banking 566,900 MDL
ATM Manager Banking 453,200 MDL
ATM Service Technician Banking 128,500 MDL
Bank Accounts Analyst Banking 187,300 MDL
Bank Accounts Collector Banking 112,620 MDL
Bank Accounts Controller Banking 239,000 MDL
Bank Accounts Executive Banking 369,300 MDL
Bank Accounts Manager Banking 406,300 MDL
Bank Auditing Manager Banking 437,300 MDL
Bank Branch Manager Banking 592,600 MDL
Bank Branch Operations Coordinator Banking 263,900 MDL
Bank Clerk Banking 112,560 MDL
Bank Client Service Associate Banking 154,700 MDL
Bank Collector Banking 110,380 MDL
Bank Compliance Specialist Banking 290,800 MDL
Bank Manager Banking 659,400 MDL
Bank Operational Risk Manager Banking 633,300 MDL
Bank Operations Head Banking 684,900 MDL
Bank Operations Officer Banking 283,400 MDL
Bank Operations Specialist Banking 426,700 MDL
Bank Process Manager Banking 383,300 MDL
Bank Product Manager Banking 454,300 MDL
Bank Programme Manager Banking 447,300 MDL
Bank Project Manager Banking 528,600 MDL
Bank Propositions Manager Banking 489,600 MDL
Bank Quantitative Analyst Banking 335,800 MDL
Bank Regional Manager Banking 724,000 MDL
Bank Regional Risk Officer Banking 353,600 MDL
Bank Relationship Manager Banking 500,100 MDL
Bank Relationship Officer Banking 239,300 MDL
Bank Teller Banking 125,100 MDL
Banker Banking 243,000 MDL
Banking Business Analyst Banking 357,700 MDL
Banking Business Development Officer Banking 217,900 MDL
Banking Business Planning Executive Banking 483,800 MDL
Banking Product Manager Banking 415,900 MDL
Banking Reference Data Manager Banking 369,900 MDL
Banking Risk Analyst Banking 341,900 MDL
Banking Technical Analyst Banking 183,600 MDL
Bankruptcy Coordinator Banking 239,000 MDL
Bill and Account Collector Banking 123,400 MDL
Budget Analyst Banking 351,900 MDL
Capital Risk Manager Banking 649,700 MDL
Cards Marketing Manager Banking 442,200 MDL
Cash Management Manager Banking 637,500 MDL
Check Processing Manager Banking 445,100 MDL
Commercial Vault Associate Banking 349,300 MDL
Corporate Banker Banking 263,100 MDL
Corporate Dealer Banking 359,900 MDL
Credit Analyst Banking 273,300 MDL
Credit and Collections Manager Banking 493,000 MDL
Credit Card Fraud Investigator Banking 357,300 MDL
Credit Portfolio Manager Banking 641,900 MDL
Credit Risk Analyst Banking 399,900 MDL
Credit Risk Associate Banking 394,800 MDL
Direct Bank Sales Representative Banking 254,700 MDL
Exchange Control Consultant Banking 353,600 MDL
Executive Account Analyst Banking 345,700 MDL
Financial Bank Planning Consultant Banking 447,700 MDL
Financial Banking Analysis Manager Banking 519,300 MDL
Financial Banking Assistant Banking 174,000 MDL
Financial Banking Systems Manager Banking 472,100 MDL
Foreign Exchange Manager Banking 524,300 MDL
Fraud Analyst Banking 381,800 MDL
Fraud Detection Associate Banking 246,200 MDL
Fraud Detection Manager Banking 548,500 MDL
Fraud Detection Supervisor Banking 308,300 MDL
Internal Bank Audit Manager Banking 632,400 MDL
Internal Bank Auditor Banking 352,000 MDL
Internal Private Banker Banking 246,200 MDL
International Banking Manager Banking 699,700 MDL
Investment Banking Analyst Banking 519,300 MDL
Loan Analyst Banking 357,700 MDL
Loan Area Manager Banking 420,100 MDL
Loan Audit Team Leader Banking 394,300 MDL
Loan Branch Manager Banking 407,100 MDL
Loan Business Development Officer Banking 207,800 MDL
Loan Clerk Banking 127,700 MDL
Loan Collection and Recovery Manager Banking 417,100 MDL
Loan Collection Manager Banking 401,300 MDL
Loan Collector Banking 117,440 MDL
Loan Examiner Banking 151,800 MDL
Loan Officer Banking 129,000 MDL
Loan Processing Manager Banking 384,500 MDL
Loan Processor Banking 152,100 MDL
Loan Quality Assurance Auditor Banking 354,000 MDL
Loan Quality Assurance Manager Banking 412,000 MDL
Loan Quality Assurance Representative Banking 257,700 MDL
Loan Review Manager Banking 407,100 MDL
Loan Team Leader Banking 341,400 MDL
Loans Manager Banking 467,700 MDL
Mortgage Advisor Banking 245,300 MDL
Mortgage Collection Manager Banking 430,000 MDL
Mortgage Collector Banking 112,600 MDL
Mortgage Credit Analyst Banking 192,600 MDL
Mortgage Credit Manager Banking 381,800 MDL
Mortgage Development Manager Banking 455,400 MDL
Mortgage Document Reviewer Banking 159,500 MDL
Mortgage Funding Manager Banking 450,300 MDL
Mortgage Operations Manager Banking 605,700 MDL
Mortgage Payment Processing Clerk Banking 138,200 MDL
Mortgage Processing Manager Banking 415,900 MDL
Mortgage Processor Banking 152,300 MDL
Mortgage Quality Assurance Auditor Banking 340,400 MDL
Mortgage Quality Assurance Manager Banking 404,600 MDL
Mortgage Servicing Clerk Banking 125,100 MDL
Mortgage Servicing Manager Banking 369,300 MDL
Mortgage Underwriter Banking 143,200 MDL
Online Banking Manager Banking 619,000 MDL
Payment Processing Clerk Banking 118,200 MDL
Personal Banking Advisor Banking 263,900 MDL
Phone Banker Banking 168,100 MDL
Private Banker Banking 252,300 MDL
Reconciliation and Investigation Specialist Banking 275,800 MDL
Tax Officer Banking 209,500 MDL
Teller Banking 123,400 MDL
Trade Officer Banking 150,000 MDL
Trade Product Manager Banking 403,100 MDL
Trader Banking 174,000 MDL
Treasury Operations Officer Banking 308,300 MDL

Salary Comparison by City

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

City Average Salary
Chisinau 266,000 MDL

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