Average Relationship Management Officer Salary in Western Sahara for 2024
In this article, we will look at the average Relationship Management Officer salary for 2024 in Western Sahara 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 DH.
How Much Does a Relationship Management Officer Make in Western Sahara?
A Relationship Management Officer working in Western Sahara will typically earn around 57,440 MAD per year, and this can range from the lowest average salary of about 30,220 MAD to the highest average salary of 90,540 MAD.
These are average salaries for a Relationship Management Officer in Western Sahara and include benefits such as housing and transport. It's also possible for a Relationship Management Officer to earn more or less than the average salaries shown above.
Relationship Management 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 Relationship Management Officer Salaries in Western Sahara
So we've looked at the average salaries a Relationship Management Officer will earn in Western Sahara. The next interesting data point is the distribution of salaries.
Salary ranges
We already know that a Relationship Management Officer can earn between 30,220 MAD and 90,540 MAD on average in Western Sahara. 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 Relationship Management Officer in Western Sahara is 58,440 MAD. This is the middle value in the distribution of salaries.
What this means is that approximately 50% of the population earn less than 58,440 MAD, and 50% of the population earn more than 58,440 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 Relationship Management Officer salary in Western Sahara, 25% of the population are earning less than 40,240 MAD while 75% of the population earn more than 40,240 MAD.
75% of the population earn less than 69,260 MAD, and 25% of the population earn more than 69,260 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.
Relationship Management Officer Salary by Experience Level in Western Sahara
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 relationship management 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 Relationship Management Officer in Western Sahara that has less than two years of experience can expect to earn somewhere in the region of 35,300 MAD.
- 2 - 5 Years Experience. With two to five years of experience the average Relationship Management Officer salary would increase to 48,200 MAD.
- 5 - 10 Years Experience. From five to ten years of experience as a Relationship Management Officer, the average salary would be 60,020 MAD.
- 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 74,060 MAD.
- 15 - 20 Years Experience. A Relationship Management Officer with 15 to 20 years of experience can earn an average of 80,800 MAD.
- 20+ Years Experience. For a Relationship Management Officer with more than 20 years, the expected average salary increases to 83,100 MAD.
Average Salary by Experience Chart
| 0-2 Years |
35,300 MAD
|
|
| 2-5 Years | +34% |
48,200 MAD
|
| 5-10 Years | +30% |
60,020 MAD
|
| 10-15 Years | +21% |
74,060 MAD
|
| 15-20 Years | +9% |
80,800 MAD
|
| 20+ Years | +5% |
83,100 MAD
|
Relationship Management Officer Salary by Education Level in Western Sahara
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 Relationship Management Officer in Western Sahara based on the education level of the employees in order to find out whether a better education level would increase your salary.
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High School. A Relationship Management Officer in Western Sahara with a high school education can earn an average salary of 42,400 MAD.
-
Certificate or Diploma. A Relationship Management Officer in Western Sahara with a certificate or diploma education can earn an average salary of 58,280 MAD.
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Bachelor's Degree. A Relationship Management Officer in Western Sahara with a bachelor's degree education can earn an average salary of 82,160 MAD.
Average Salary by Education Chart
| High School |
42,400 MAD
|
|
| Certificate or Diploma | +43% |
58,280 MAD
|
| Bachelor's Degree | +38% |
82,160 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 Western Sahara is around 51,900 to 156,000 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.
Relationship Management 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 Western Sahara, a male relationship management officer will earn an average of 61,580 MAD, while a female relationship management officer will earn around 57,320 MAD.
This means that a male relationship management officer earns approximately 7% more than a female relationship management officer for performing the same job.
Average Salary by Gender Chart in Western Sahara
| Male |
61,580 MAD
|
|
| Female | -7% |
57,320 MAD
|
Relationship Management Officer Average Pay Raise in Western Sahara
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 Relationship Management Officer in Western Sahara is around 7% every 28 months.
The national average pay raise across all professions and industries in Western Sahara 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 ÷ 28 ) × 12 = 3%
What this means is that a Relationship Management Officer in Western Sahara can expect to receive an average pay raise of around 3% every 12 months.
Annual Pay Raise by Industry in Western Sahara for 2024
In the chart below, you can see the average annual pay raise percentages for each of the major industries in Western Sahara.
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%
|
Relationship Management Officer Bonus and Incentive Rates in Western Sahara
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 Relationship Management Officer is a low bonus based job, with 34% of employees reporting at least one bonus in the last 12 months.
66% 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 5%.
| Received Bonus |
34%
|
|
| No Bonus |
66%
|
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 Western Sahara earn approximately 12% more than private sector employees in the same role.
| Public Sector |
128,900 MAD
|
|
| Private Sector | -12% |
115,080 MAD
|
Salaries for Jobs Similar to a Relationship Management Officer
In the table below, we have salary information for jobs that are similar to a Relationship Management Officer in Western Sahara.