Average Treasury Officer Salary in Bahrain for 2024

In this article, we will look at the average Treasury Officer salary for 2024 in Bahrain 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 Bahraini dinar. To keep things simple, we are using the BHD currency code instead of the currency symbol .د.ب.

How Much Does a Treasury Officer Make in Bahrain?

A Treasury Officer working in Bahrain will typically earn around 19,020 BHD per year, and this can range from the lowest average salary of about 7,080 BHD to the highest average salary of 30,220 BHD.

Average Annual Salary
19,020 BHD
Average Monthly Salary
1,585 BHD

Lowest Annual Salary
7,080 BHD
Lowest Monthly Salary
590 BHD

Highest Annual Salary
30,220 BHD
Highest Monthly Salary
2,518 BHD

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

Treasury Officer 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 Treasury Officer Salaries in Bahrain

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

Salary ranges

We already know that a Treasury Officer can earn between 7,080 BHD and 30,220 BHD on average in Bahrain. 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 Treasury Officer in Bahrain is 21,380 BHD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 21,380 BHD, and 50% of the population earn more than 21,380 BHD.

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 Treasury Officer salary in Bahrain, 25% of the population are earning less than 14,540 BHD while 75% of the population earn more than 14,540 BHD.

75% of the population earn less than 29,540 BHD, and 25% of the population earn more than 29,540 BHD.

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.

Treasury Officer Salary by Experience Level in Bahrain

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 treasury officer 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 Treasury Officer in Bahrain that has less than two years of experience can expect to earn somewhere in the region of 9,980 BHD.
  • 2 - 5 Years Experience. With two to five years of experience the average Treasury Officer salary would increase to 14,540 BHD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Treasury Officer, the average salary would be 20,520 BHD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 23,140 BHD.
  • 15 - 20 Years Experience. A Treasury Officer with 15 to 20 years of experience can earn an average of 27,300 BHD.
  • 20+ Years Experience. For a Treasury Officer with more than 20 years, the expected average salary increases to 27,480 BHD.

Average Salary by Experience Chart

0-2 Years
9,980 BHD
2-5 Years +34%
14,540 BHD
5-10 Years +48%
20,520 BHD
10-15 Years +22%
23,140 BHD
15-20 Years +9%
27,300 BHD
20+ Years +8%
27,480 BHD

Treasury Officer Salary by Education Level in Bahrain

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 Treasury Officer in Bahrain 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 Treasury Officer in Bahrain with a high school education can earn an average salary of 12,520 BHD.

  • Certificate or Diploma. A Treasury Officer in Bahrain with a certificate or diploma education can earn an average salary of 19,200 BHD.

  • Bachelor's Degree. A Treasury Officer in Bahrain with a bachelor's degree education can earn an average salary of 29,640 BHD.

Average Salary by Education Chart

High School
12,520 BHD
Certificate or Diploma +57%
19,200 BHD
Bachelor's Degree +68%
29,640 BHD

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 Bahrain is around 7,390 to 22,200 BHD 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.

Treasury Officer 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 Bahrain, a male treasury officer will earn an average of 21,020 BHD, while a female treasury officer will earn around 19,220 BHD.

This means that a male treasury officer earns approximately 9% more than a female treasury officer for performing the same job.

Average Salary by Gender Chart in Bahrain

Male
21,020 BHD
Female -9%
19,220 BHD

Treasury Officer Average Pay Raise in Bahrain

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 Treasury Officer in Bahrain is around 7% every 29 months.

The national average pay raise across all professions and industries in Bahrain 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 ÷ 29 ) × 12  = 3%

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

Annual Pay Raise by Industry in Bahrain for 2024

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

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

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

Treasury Officer Bonus and Incentive Rates in Bahrain

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 Treasury Officer 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 Bahrain earn approximately 8% more than private sector employees in the same role.

Public Sector
19,020 BHD
Private Sector -8%
17,540 BHD

Salaries for Jobs Similar to a Treasury Officer

In the table below, we have salary information for jobs that are similar to a Treasury Officer in Bahrain.

Job Title Category Salary
Account Manager Sales Retail and Wholesale 19,860 BHD
Account Officer Sales Retail and Wholesale 10,000 BHD
Area Manager Sales Retail and Wholesale 23,520 BHD
Area Sales Director Sales Retail and Wholesale 35,340 BHD
Area Sales Manager Sales Retail and Wholesale 31,080 BHD
Assisstant Store Supervisor Sales Retail and Wholesale 12,620 BHD
Assistant Department Manager Sales Retail and Wholesale 12,580 BHD
Assistant Retail Store Manager Sales Retail and Wholesale 17,540 BHD
Branch Manager Sales Retail and Wholesale 22,420 BHD
Branch Supervisor Sales Retail and Wholesale 20,300 BHD
Cashier Sales Retail and Wholesale 6,760 BHD
Cashier Manager Sales Retail and Wholesale 17,020 BHD
Commercial Sales Manager Sales Retail and Wholesale 27,480 BHD
Corporate Sales Manager Sales Retail and Wholesale 25,160 BHD
Depot Manager Sales Retail and Wholesale 19,160 BHD
Depot Supervisor Sales Retail and Wholesale 19,360 BHD
Deputy Sales Manager Sales Retail and Wholesale 20,940 BHD
Director of Sales Sales Retail and Wholesale 35,520 BHD
Distribution Director Sales Retail and Wholesale 23,140 BHD
District Leader Sales Retail and Wholesale 18,280 BHD
District Manager Sales Retail and Wholesale 24,840 BHD
District Sales Manager Sales Retail and Wholesale 22,420 BHD
External Sales Account Manager Sales Retail and Wholesale 21,020 BHD
Field Sales Representative Sales Retail and Wholesale 13,100 BHD
Furniture Sales Associate Sales Retail and Wholesale 11,300 BHD
Global Wholesale Manager Sales Retail and Wholesale 42,040 BHD
Head Cashier Sales Retail and Wholesale 14,920 BHD
Head of Direct Sales Sales Retail and Wholesale 26,400 BHD
Head of Retail Sales Retail and Wholesale 26,080 BHD
Head Teller Sales Retail and Wholesale 14,660 BHD
Inside Sales Sales Retail and Wholesale 10,000 BHD
Inside Sales Account Manager Sales Retail and Wholesale 17,860 BHD
Inside Sales Engineer Sales Retail and Wholesale 13,960 BHD
Inside Sales Executive Sales Retail and Wholesale 16,980 BHD
Inside Sales Representative Sales Retail and Wholesale 10,980 BHD
Internal Sales Manager Sales Retail and Wholesale 19,980 BHD
Inventory Manager Sales Retail and Wholesale 20,500 BHD
Key Account Manager Sales Retail and Wholesale 21,380 BHD
Medical Device Sales Sales Retail and Wholesale 15,700 BHD
Medical Device Sales Representative Sales Retail and Wholesale 15,760 BHD
Merchandiser Sales Retail and Wholesale 13,960 BHD
National Account Manager Sales Retail and Wholesale 26,400 BHD
National Customer Solution Specialist Sales Retail and Wholesale 22,660 BHD
National Sales Manager Sales Retail and Wholesale 37,740 BHD
Outside Sales Representative Sales Retail and Wholesale 12,000 BHD
Parts Salesperson Sales Retail and Wholesale 12,520 BHD
Project Development Manager Sales Retail and Wholesale 22,660 BHD
Project Manager Sales Retail and Wholesale 22,340 BHD
Project Sales Executive Sales Retail and Wholesale 23,480 BHD
Purchasing and Sales Executive Sales Retail and Wholesale 31,980 BHD
Quotation Engineer Sales Retail and Wholesale 11,040 BHD
Regional Sales Director Sales Retail and Wholesale 36,020 BHD
Regional Sales Manager Sales Retail and Wholesale 38,680 BHD
Relationship Manager Sales Retail and Wholesale 26,080 BHD
Retail Merchandiser Sales Retail and Wholesale 7,240 BHD
Retail Operations Manager Sales Retail and Wholesale 24,840 BHD
Retail Sales Associate Sales Retail and Wholesale 18,260 BHD
Retail Sales Representative Sales Retail and Wholesale 13,960 BHD
Retail Salesperson Sales Retail and Wholesale 9,940 BHD
Retail Store Manager Sales Retail and Wholesale 23,480 BHD
Retail Store Sales Person Sales Retail and Wholesale 10,080 BHD
Revenue Manager Sales Retail and Wholesale 19,980 BHD
Sales Account Manager Sales Retail and Wholesale 26,080 BHD
Sales Admin Executive Sales Retail and Wholesale 27,480 BHD
Sales Administration Manager Sales Retail and Wholesale 26,400 BHD
Sales Analyst Sales Retail and Wholesale 19,380 BHD
Sales Assistant Sales Retail and Wholesale 9,020 BHD
Sales Associate Sales Retail and Wholesale 9,940 BHD
Sales Consultant Sales Retail and Wholesale 15,300 BHD
Sales Coordinator Sales Retail and Wholesale 11,360 BHD
Sales Development Representative Sales Retail and Wholesale 12,580 BHD
Sales Director Sales Retail and Wholesale 36,940 BHD
Sales Engineer Sales Retail and Wholesale 14,620 BHD
Sales Executive Sales Retail and Wholesale 23,380 BHD
Sales Manager Sales Retail and Wholesale 31,180 BHD
Sales Officer Sales Retail and Wholesale 11,040 BHD
Sales Planner Sales Retail and Wholesale 18,280 BHD
Sales Planning Analyst Sales Retail and Wholesale 21,100 BHD
Sales Representative Sales Retail and Wholesale 12,620 BHD
Sales Service Associate Sales Retail and Wholesale 12,840 BHD
Sales Specialist Sales Retail and Wholesale 17,560 BHD
Sales Supervisor Sales Retail and Wholesale 20,500 BHD
Sales Support Sales Retail and Wholesale 10,100 BHD
Sales Support Manager Sales Retail and Wholesale 19,860 BHD
Sales Team Leader Sales Retail and Wholesale 20,120 BHD
Sales Trainer Sales Retail and Wholesale 20,000 BHD
Securities Sales Agent Sales Retail and Wholesale 21,540 BHD
Shipper / Receiver Sales Retail and Wholesale 7,800 BHD
Shop Manager Sales Retail and Wholesale 21,100 BHD
Store Development Administrator Sales Retail and Wholesale 14,840 BHD
Store Manager Sales Retail and Wholesale 22,660 BHD
Territory Sales Manager Sales Retail and Wholesale 28,860 BHD
Territory Sales Representative Sales Retail and Wholesale 16,720 BHD
Trade Marketing Officer Sales Retail and Wholesale 20,500 BHD
Vice President Sales Sales Retail and Wholesale 28,860 BHD
Visual Merchandiser Sales Retail and Wholesale 8,880 BHD

Link To or Reference This Page

We spend a lot of time collecting, cleaning, merging, and formatting the data that is shown on the site to be as useful to you as possible.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference World Salaries as the source. We appreciate your support!

  • "Average Treasury Officer Salary in Bahrain for 2024". World Salaries. Accessed on March 28, 2024. https://worldsalaries.com/average-treasury-officer-salary-in-bahrain/.

  • "Average Treasury Officer Salary in Bahrain for 2024". World Salaries, https://worldsalaries.com/average-treasury-officer-salary-in-bahrain/. Accessed 28 March, 2024

  • Average Treasury Officer Salary in Bahrain for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-treasury-officer-salary-in-bahrain/.