Average Real Estate Association Manager Salary in Morocco for 2024

In this article, we will look at the average Real Estate Association Manager salary for 2024 in Morocco 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 Moroccan dirham. To keep things simple, we are using the MAD currency code instead of the currency symbol ุฏ.ู…..

How Much Does a Real Estate Association Manager Make in Morocco?

A Real Estate Association Manager working in Morocco will typically earn around 273,000 MAD per year, and this can range from the lowest average salary of about 137,400 MAD to the highest average salary of 424,900 MAD.

Average Annual Salary
273,000 MAD
Average Monthly Salary
22,750 MAD

Lowest Annual Salary
137,400 MAD
Lowest Monthly Salary
11,450 MAD

Highest Annual Salary
424,900 MAD
Highest Monthly Salary
35,408 MAD

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

Real Estate Association 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 Real Estate Association Manager Salaries in Morocco

So we've looked at the average salaries a Real Estate Association Manager will earn in Morocco. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Real Estate Association Manager can earn between 137,400 MAD and 424,900 MAD on average in Morocco. 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 Real Estate Association Manager in Morocco is 273,000 MAD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 273,000 MAD, and 50% of the population earn more than 273,000 MAD.

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 Real Estate Association Manager salary in Morocco, 25% of the population are earning less than 185,100 MAD while 75% of the population earn more than 185,100 MAD.

75% of the population earn less than 348,300 MAD, and 25% of the population earn more than 348,300 MAD.

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.

Real Estate Association Manager Salary by Experience Level in Morocco

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 real estate association 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 Real Estate Association Manager in Morocco that has less than two years of experience can expect to earn somewhere in the region of 163,800 MAD.
  • 2 - 5 Years Experience. With two to five years of experience the average Real Estate Association Manager salary would increase to 216,800 MAD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Real Estate Association Manager, the average salary would be 292,000 MAD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 345,700 MAD.
  • 15 - 20 Years Experience. A Real Estate Association Manager with 15 to 20 years of experience can earn an average of 375,200 MAD.
  • 20+ Years Experience. For a Real Estate Association Manager with more than 20 years, the expected average salary increases to 401,300 MAD.

Average Salary by Experience Chart

0-2 Years
163,800 MAD
2-5 Years +32%
216,800 MAD
5-10 Years +34%
292,000 MAD
10-15 Years +19%
345,700 MAD
15-20 Years +8%
375,200 MAD
20+ Years +7%
401,300 MAD

Real Estate Association Manager Salary by Education Level in Morocco

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 Real Estate Association Manager in Morocco 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 Real Estate Association Manager in Morocco with a high school education can earn an average salary of 207,800 MAD.

  • Certificate or Diploma. A Real Estate Association Manager in Morocco with a certificate or diploma education can earn an average salary of 233,900 MAD.

  • Bachelor's Degree. A Real Estate Association Manager in Morocco with a bachelor's degree education can earn an average salary of 318,800 MAD.

  • Master's Degree. A Real Estate Association Manager in Morocco with a master's degree education can earn an average salary of 401,300 MAD.

Average Salary by Education Chart

High School
207,800 MAD
Certificate or Diploma +14%
233,900 MAD
Bachelor's Degree +36%
318,800 MAD
Master's Degree +26%
401,300 MAD

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 Morocco is around 97,100 to 291,000 MAD 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.

Real Estate Association 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 Morocco, a male real estate association manager will earn an average of 283,400 MAD, while a female real estate association manager will earn around 263,900 MAD.

This means that a male real estate association manager earns approximately 7% more than a female real estate association manager for performing the same job.

Average Salary by Gender Chart in Morocco

Male
283,400 MAD
Female -7%
263,900 MAD

Real Estate Association Manager Average Pay Raise in Morocco

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 Real Estate Association Manager in Morocco is around 12% every 18 months.

The national average pay raise across all professions and industries in Morocco is around 9% every 17 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 = ( 12 ÷ 18 ) × 12  = 8%

What this means is that a Real Estate Association Manager in Morocco can expect to receive an average pay raise of around 8% every 12 months.

Annual Pay Raise by Industry in Morocco for 2024

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

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

Banking
2%
Energy
4%
Information Technology
6%
Healthcare
8%
Travel
1%
Construction
3%
Education
5%

Real Estate Association Manager Bonus and Incentive Rates in Morocco

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 Real Estate Association Manager is a high bonus based job, with 80% of employees reporting at least one bonus in the last 12 months.

20% 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 8%.

Received Bonus
80%
No Bonus
20%

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

Public Sector
239,300 MAD
Private Sector -8%
222,300 MAD

Salaries for Jobs Similar to a Real Estate Association Manager

In the table below, we have salary information for jobs that are similar to a Real Estate Association Manager in Morocco.

Job Title Category Salary
Acquisition Associate Real Estate 187,500 MAD
Assistant Leasing Manager Real Estate 246,500 MAD
Assistant Property Manager Real Estate 259,100 MAD
Brokerage Real Estate 195,200 MAD
Brokerage Clerk Real Estate 105,620 MAD
Commercial Leasing Manager Real Estate 384,500 MAD
Commercial Real Estate Manager Real Estate 425,100 MAD
Community Development Manager Real Estate 351,200 MAD
Compliance Specialist Real Estate 190,500 MAD
Development Coordinator Real Estate 180,500 MAD
Director of Real Estate Real Estate 431,100 MAD
Lease Administrator Real Estate 245,300 MAD
Leasing Agent Real Estate 209,500 MAD
Leasing Consultant Real Estate 237,400 MAD
Leasing Manager Real Estate 259,100 MAD
Lettings Assistant Real Estate 95,980 MAD
Portfolio Analyst Real Estate 332,500 MAD
Portfolio Manager Real Estate 430,000 MAD
Property Acquisition Agent Real Estate 172,200 MAD
Property and Claims Specialist Real Estate 245,300 MAD
Property Manager Real Estate 292,000 MAD
Property Operations Manager Real Estate 399,900 MAD
Property Tax Assistant Real Estate 190,500 MAD
Real Estate Administrator Real Estate 216,800 MAD
Real Estate Agent Real Estate 201,100 MAD
Real Estate Analyst Real Estate 266,000 MAD
Real Estate Appraiser Real Estate 204,000 MAD
Real Estate Appraiser Real Estate 207,700 MAD
Real Estate Appraiser Real Estate 215,100 MAD
Real Estate Assistant Real Estate 183,700 MAD
Real Estate Broker Real Estate 197,600 MAD
Real Estate General Manager Real Estate 407,300 MAD
Real Estate Project Director Real Estate 378,300 MAD
Real Estate Project Manager Real Estate 365,400 MAD
Real Estate Sales Agent Real Estate 197,600 MAD
Real Estate Valuer Real Estate 204,700 MAD
Research Analyst Real Estate 183,600 MAD
Residential Advisor Real Estate 245,300 MAD
Residential Property Manager Real Estate 286,400 MAD
Shopping Center Manager Real Estate 406,300 MAD
Town Planner Real Estate 394,500 MAD

Salary Comparison by City

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

City Average Salary
Agadir 239,000 MAD
Casablanca 307,400 MAD
Marrakech 275,500 MAD
Rabat 263,200 MAD
Tangier 294,700 MAD

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