KYC Team Leader Average Salary in Fujairah 2024
How much money does a person working as KYC Team Leader make in Fujairah?
LOW
9,900
AED AVERAGE
19,000
AED HIGH
29,100
AED
A person working as KYC Team Leader in Fujairah typically earns around 19,000 AED. Salaries range from 9,900 AED (lowest) to 29,100 AED (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. KYC Team Leader salaries in Fujairah vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
KYC Team Leader Pay Scale and Salaries in Fujairah
Salary Structure and Pay Scale Comparison
17,200 AED or more
15,400 to 17,200 AED
11,200 AED or less
11,200 to 15,400 AED
 9,900 AED |
17,300 AED |
29,100 AED |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position KYC Team Leader in Fujairah range from 9,900 AED (starting salary) to 29,100 AED (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 17,300 AED, half of the professionals who work as KYC Team Leader in Fujairah earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as KYC Team Leader in Fujairah earn less than 14,400 AED, while 75% earn more. Similarly, the chart shows that 75% earn less than 19,700 AED while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title KYC Team Leader in Fujairah compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 11,200 AED to 15,400 AED. About 20% of salaries are below the 11,200 AED mark, while 10% fall within the range of 15,400 AED to 17,200 AED. Only 5% of individuals have salaries exceeding 17,200 AED.
Salary Comparison by Years of Experience / KYC Team Leader / Fujairah
How do experience and age affect pay?
| 0 - 2 Years | 11,200 AED | |
| 2 - 5 Years | +34% | 15,100 AED |
| 5 - 10 Years | +30% | 19,600 AED |
| 10 - 15 Years | +21% | 23,800 AED |
| 15 - 20 Years | +9% | 26,000 AED |
| 20+ Years | +5% | 27,300 AED |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as KYC Team Leader and this is what we found.
Employees with less than two years of experience earn approximately 11,200 AED.
While someone with an experience level between two and five years is expected to earn 15,100 AED, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 19,600 AED, 30% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 23,800 AED, 21% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 26,000 AED, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 27,300 AED, 5% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / KYC Team Leader / Fujairah
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as KYC Team Leader.
| High School | 13,600 AED | |
| Certificate or Diploma | +14% | 15,500 AED |
| Bachelor's Degree | +41% | 21,800 AED |
| Master's Degree | +21% | 26,400 AED |
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position KYC Team Leader in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 13,600 AED.
Level 2: Certificate or Diploma
At this level, the average salary becomes 15,500 AED, 14% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 21,800 AED, 41% more than the previous level.
Level 4: Master's Degree
At this level, the average salary becomes 26,400 AED, 21% more than the previous level.
Is a Master's degree or an MBA worth it? Should you pursue higher education?
A Master's degree program or any post-graduate program in United Arab Emirates costs anywhere from 71,700 AED to 215,000 AED and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / KYC Team Leader / Fujairah
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as KYC Team Leader in United Arab Emirates, the average difference between the salary of male and female employees is 7%.
| Male | 21,500 AED | |
| Female | -6% | 20,200 AED |
Salary Comparison By Gender in United Arab Emirates for all Careers
Average Annual Salary Increment Percentage / KYC Team Leader / Fujairah
How much are annual salary increments in Fujairah for individuals working as KYC Team Leader? How often do employees get salary raises?
Individuals working as KYC Team Leader in United Arab Emirates are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 8% granted to employees every 17 months.
United Arab Emirates / All Professions
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency
Worldwide Salary Raises: All Countries and All Jobs
Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / KYC Team Leader / United Arab Emirates
How much and how often are bonuses being awarded?
Share This Chart Tweet Get Chart Linkhttp://www.salaryexplorer.com/charts/united-arab-emirates/accounting-and-finance/kyc-team-leader/annual-salary-bonus-rate-united-arab-emirates-kyc-team-leader.jpg
100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from % to % of their annual salary.
| Received Bonus | % | |
| No Bonus | 100% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Average Hourly Wage / KYC Team Leader / Fujairah
110 AED per hourThe average hourly wage (pay per hour) for individuals working as KYC Team Leader in Fujairah is 110 AED.This is the rate they get paid for every worked hour.
About The Hourly Pay Rate
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working as KYC Team Leader in Fujairah is 57 AED. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Accounting and Finance |  -100% | |
| Account Examiner | 6,250 AED | -67% |
| Account Executive | 11,800 AED | -38% |
| Accountant | 8,730 AED | -54% |
| Accounting Analyst | 10,900 AED | -43% |
| Accounting Assistant | 6,750 AED | -65% |
| Accounting Associate | 6,200 AED | -67% |
| Accounting Clerk | 5,030 AED | -74% |
| Accounting Coordinator | 7,750 AED | -59% |
| Accounting Head | 19,400 AED |  +2% |
| Accounting Manager | 20,200 AED | +6% |
| Accounting Officer | 6,280 AED | -67% |
| Accounting Specialist | 12,900 AED | -32% |
| Accounting Supervisor | 12,500 AED | -34% |
| Accounting Technician | 5,860 AED | -69% |
| Accounting Unit Controller | 15,700 AED | -18% |
| Accounts Executive | 12,400 AED | -35% |
| Accounts Officer | 7,100 AED | -63% |
| Accounts Payable and Receivable Specialist | 9,050 AED | -52% |
| Accounts Payable Assistant | 6,770 AED | -64% |
| Accounts Payable Associate | 8,410 AED | -56% |
| Accounts Payable Clerk | 6,440 AED | -66% |
| Accounts Payable Manager | 19,800 AED | +4% |
| Accounts Receivable Administrator | 14,400 AED | -24% |
| Accounts Receivable Clerk | 6,180 AED | -68% |
| Accounts Receivable Financial Analyst | 13,700 AED | -28% |
| Accounts Receivable Manager | 18,700 AED | -2% |
| Accounts Receivable Team Leader | 14,100 AED | -26% |
| Algorithmic Trading Specialist | 16,600 AED | -13% |
| Assistant Accountant | 6,530 AED | -66% |
| Assistant Accounting Manager | 17,400 AED | -9% |
| Assistant Auditor | 9,310 AED | -51% |
| Assistant Corporate Controller | 12,800 AED | -33% |
| Assistant Finance Manager | 20,500 AED | +8% |
| Assistant Financial Controller | 12,400 AED | -35% |
| Audit Director | 21,500 AED | +13% |
| Audit Supervisor | 18,300 AED | -4% |
| Auditing Clerk | 7,100 AED | -63% |
| Auditing Manager | 19,300 AED | +1% |
| Billing Clerk | 6,880 AED | -64% |
| Billing Coordinator | 7,900 AED | -59% |
| Billing Specialist | 9,900 AED | -48% |
| Billing Supervisor | 15,100 AED | -21% |
| Bookkeeper | 5,360 AED | -72% |
| Bookkeeping Specialist | 8,440 AED | -56% |
| Budget Analyst | 16,500 AED | -13% |
| Budget Manager | 20,600 AED | +8% |
| Business Support Analyst | 10,700 AED | -44% |
| Capital Markets Associate | 15,000 AED | -21% |
| Cash Flow Analyst | 13,700 AED | -28% |
| Cash Management Manager | 18,900 AED | -1% |
| Cash Management Officer | 10,700 AED | -44% |
| Cashbook Clerk | 5,700 AED | -70% |
| Chartered Accountant | 12,400 AED | -35% |
| Chief Accountant | 13,400 AED | -30% |
| Chief Financial Technology Officer | 19,400 AED | +2% |
| Collections Clerk | 5,170 AED | -73% |
| Collections Representative | 8,040 AED | -58% |
| Collections Specialist | 9,160 AED | -52% |
| Corporate Controller | 14,600 AED | -23% |
| Corporate Treasurer | 18,300 AED | -4% |
| Cost Accountant | 9,220 AED | -52% |
| Cost Accounting Manager | 19,600 AED | +3% |
| Cost Accounting Supervisor | 16,100 AED | -15% |
| Cost Analyst | 15,900 AED | -17% |
| Credit and Collection Manager | 19,900 AED | +5% |
| Credit and Collection Staff | 6,390 AED | -66% |
| Credit and Loans Officer | 6,040 AED | -68% |
| Credit Controller | 12,700 AED | -33% |
| Credit Manager | 20,300 AED | +7% |
| Debt Adviser | 16,200 AED | -15% |
| Debt Collector | 6,720 AED | -65% |
| Debtors Clerk | 5,620 AED | -70% |
| Debtors Controller | 6,280 AED | -67% |
| Deputy CFO | 26,600 AED | +40% |
| Deputy Head of Finance | 28,200 AED | +48% |
| Derivative Trader | 15,800 AED | -17% |
| Director of Finance | 28,800 AED | +51% |
| E-commerce Accountant | 9,420 AED | -51% |
| Economist | 22,100 AED | +16% |
| Equity Analyst | 17,200 AED | -10% |
| Escrow Assistant | 8,210 AED | -57% |
| Executive Accountant | 9,900 AED | -48% |
| External Auditor | 13,000 AED | -32% |
| Finance Administrator | 10,500 AED | -45% |
| Finance Analyst | 17,900 AED | -6% |
| Finance Associate | 7,730 AED | -59% |
| Finance Data Analyst | 15,600 AED | -18% |
| Finance Director | 30,100 AED | +58% |
| Finance Executive | 20,300 AED | +7% |
| Finance Licensing Clerk | 5,980 AED | -69% |
| Finance Licensing Manager | 18,400 AED | -3% |
| Finance Licensing Specialist | 10,200 AED | -46% |
| Finance Manager | 26,500 AED | +39% |
| Finance Officer | 8,560 AED | -55% |
| Finance President | 28,200 AED | +48% |
| Finance Relationship Manager | 22,600 AED | +19% |
| Finance Release Analyst | 10,300 AED | -46% |
| Finance Specialist | 15,600 AED | -18% |
| Finance Team Leader | 21,200 AED | +11% |
| Financial Accountant | 8,860 AED | -53% |
| Financial Actuary | 14,600 AED | -23% |
| Financial Administrator | 15,900 AED | -17% |
| Financial Advisor | 17,800 AED | -7% |
| Financial Analyst | 17,800 AED | -7% |
| Financial Applications Specialist | 11,800 AED | -38% |
| Financial Assistant | 7,330 AED | -62% |
| Financial Associate | 8,990 AED | -53% |
| Financial Claims Analyst | 12,300 AED | -35% |
| Financial Claims Manager | 17,200 AED | -10% |
| Financial Claims Supervisor | 16,300 AED | -14% |
| Financial Clerk | 6,700 AED | -65% |
| Financial Commercial Analyst | 13,500 AED | -29% |
| Financial Compliance Analyst | 16,000 AED | -16% |
| Financial Compliance Officer | 15,700 AED | -18% |
| Financial Consultant | 13,100 AED | -31% |
| Financial Controller | 14,700 AED | -23% |
| Financial Coordinator | 8,430 AED | -56% |
| Financial Customer Service Manager | 18,200 AED | -4% |
| Financial Data Scientist | 17,400 AED | -9% |
| Financial Dealer and Broker | 9,880 AED | -48% |
| Financial Director | 28,600 AED | +50% |
| Financial Encoder | 7,350 AED | -61% |
| Financial Manager | 26,300 AED | +38% |
| Financial Modelling Analyst | 17,300 AED | -9% |
| Financial Operations Manager | 25,500 AED | +34% |
| Financial Policy Analyst | 14,300 AED | -25% |
| Financial Project Manager | 20,400 AED | +7% |
| Financial Quantitative Analyst | 17,200 AED | -10% |
| Financial Reporting Consultant | 13,800 AED | -28% |
| Financial Reporting Manager | 17,900 AED | -6% |
| Financial Section Head | 18,500 AED | -3% |
| Financial Services Manager | 24,500 AED | +29% |
| Financial Services Sales Agent | 10,100 AED | -47% |
| Financial Technology Consultant | 15,400 AED | -19% |
| Financial Wellness Coach | 19,100 AED | +0% |
| FinTech Analyst | 16,300 AED | -14% |
| Fixed Assets Administrator | 9,670 AED | -49% |
| Forensic Accountant | 10,800 AED | -43% |
| Fraud Detection Supervisor | 11,000 AED | -42% |
| Fraud Prevention Manager | 19,600 AED | +3% |
| Fund Accountant | 8,780 AED | -54% |
| Grants Coordinator | 6,420 AED | -66% |
| Green Finance Analyst | 13,900 AED | -27% |
| Group Financial Manager | 28,500 AED | +50% |
| Internal Auditor | 12,700 AED | -33% |
| Internal Control Adviser | 14,400 AED | -24% |
| Internal Control Officer | 7,660 AED | -60% |
| International Tax Director | 23,900 AED | +26% |
| Inventory Accountant | 9,430 AED | -50% |
| Investment Advisor | 25,000 AED | +31% |
| Investment Analyst | 18,700 AED | -2% |
| Investment Associate | 16,100 AED | -15% |
| Investment Broker | 16,200 AED | -15% |
| Investment Fund Manager | 22,500 AED | +18% |
| Investment Operations Manager | 22,600 AED | +19% |
| Investment Underwriter | 7,220 AED | -62% |
| Investor | 11,700 AED | -39% |
| Investor Relations Manager | 19,500 AED | +2% |
| KYC Team Leader | 19,000 AED | -0% |
| Loan Processor | 7,050 AED | -63% |
| Management Accountant | 10,700 AED | -44% |
| Management Economist | 22,800 AED | +20% |
| Paymaster | 6,990 AED | -63% |
| Payroll Administrator | 11,700 AED | -39% |
| Payroll Benefits Coordinator | 9,900 AED | -48% |
| Payroll Billing Manager | 17,700 AED | -7% |
| Payroll Clerk | 7,580 AED | -60% |
| Payroll Manager | 17,800 AED | -7% |
| Payroll Officer | 7,990 AED | -58% |
| Payroll Specialist | 9,140 AED | -52% |
| Payroll Supervisor | 12,400 AED | -35% |
| Pensions Administrator | 9,680 AED | -49% |
| Personal Financial Advisor | 14,400 AED | -24% |
| Pricing Analyst | 16,000 AED | -16% |
| Private Equity Analyst | 17,800 AED | -7% |
| Project Accountant | 9,880 AED | -48% |
| Proposal Development Coordinator | 7,930 AED | -58% |
| Quantitative Trader | 13,000 AED | -32% |
| Receivables Accountant | 7,990 AED | -58% |
| Regulatory Accountant | 10,300 AED | -46% |
| Retirement Plan Analyst | 14,600 AED | -23% |
| Revenue Management Specialist | 15,700 AED | -18% |
| Revenue Recognition Analyst | 17,000 AED | -11% |
| Risk Management Director | 22,500 AED | +18% |
| Risk Management Supervisor | 18,800 AED | -1% |
| Staff Accountant | 8,630 AED | -55% |
| Tax Accountant | 8,840 AED | -54% |
| Tax Administrator | 10,100 AED | -47% |
| Tax Advisor | 15,200 AED | -20% |
| Tax Analyst | 14,100 AED | -26% |
| Tax Associate | 7,280 AED | -62% |
| Tax Consultant | 15,200 AED | -20% |
| Tax Director | 23,300 AED | +22% |
| Tax Examiner | 10,000 AED | -47% |
| Tax Manager | 20,100 AED | +6% |
| Tax Research Manager | 20,600 AED | +8% |
| Teller | 4,730 AED | -75% |
| Treasury Accountant | 9,560 AED | -50% |
| Treasury Analyst | 15,700 AED | -18% |
| Underwriter | 6,070 AED | -68% |
| Underwriting Assistant | 5,790 AED | -70% |
| Vice President of Finance | 26,000 AED | +37% |
Salary Comparison By City
| City | Average Salary |
| Abu Dhabi | 22,200 AED |
| Al Ain | 20,900 AED |
| Dubai | 22,800 AED |
| Fujairah | 19,000 AED |
| Ras Al Khaimah | 19,600 AED |
| Sharjah | 21,500 AED |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in United Arab Emirates is 6% on average across all career fields.
| Private Sector | 13,800 AED | |
| Public Sector | +6% | 14,700 AED |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title KYC Team Leader in Fujairah?
A good and competitive compensation would range anywhere between 17,300 AED and 19,700 AED. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for a careers like KYC Team Leader in Fujairah ranges from 9,900 AED to 14,400 AED. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
