Banking Data Analyst Average Salary in Johor Bahru 2024
How much money does a person working as Banking Data Analyst make in Johor Bahru?
LOW
4,380
MYR AVERAGE
8,950
MYR HIGH
14,000
MYR
A person working as Banking Data Analyst in Johor Bahru typically earns around 8,950 MYR. Salaries range from 4,380 MYR (lowest) to 14,000 MYR (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Banking Data Analyst salaries in Johor Bahru vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Banking Data Analyst Pay Scale and Salaries in Johor Bahru
Salary Structure and Pay Scale Comparison
8,300 MYR or more
7,330 to 8,300 MYR
5,200 MYR or less
5,200 to 7,330 MYR
 4,380 MYR |
8,350 MYR |
14,000 MYR |
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 Banking Data Analyst in Johor Bahru range from 4,380 MYR (starting salary) to 14,000 MYR (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 8,350 MYR, half of the professionals who work as Banking Data Analyst in Johor Bahru 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 Banking Data Analyst in Johor Bahru earn less than 6,820 MYR, while 75% earn more. Similarly, the chart shows that 75% earn less than 9,540 MYR 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 Banking Data Analyst in Johor Bahru compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 5,200 MYR to 7,330 MYR. About 20% of salaries are below the 5,200 MYR mark, while 10% fall within the range of 7,330 MYR to 8,300 MYR. Only 5% of individuals have salaries exceeding 8,300 MYR.
Salary Comparison by Years of Experience / Banking Data Analyst / Johor Bahru
How do experience and age affect pay?
| 0 - 2 Years | 5,200 MYR | |
| 2 - 5 Years | +29% | 6,680 MYR |
| 5 - 10 Years | +38% | 9,220 MYR |
| 10 - 15 Years | +24% | 11,400 MYR |
| 15 - 20 Years | +7% | 12,200 MYR |
| 20+ Years | +7% | 13,000 MYR |
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 Banking Data Analyst and this is what we found.
Employees with less than two years of experience earn approximately 5,200 MYR.
While someone with an experience level between two and five years is expected to earn 6,680 MYR, 29% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 9,220 MYR, 38% 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 11,400 MYR, 24% 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 12,200 MYR, 7% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 13,000 MYR, 7% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Banking Data Analyst / Johor Bahru
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Banking Data Analyst.
| Certificate or Diploma | 6,490 MYR | |
| Bachelor's Degree | +10% | 7,160 MYR |
| Master's Degree | +36% | 9,750 MYR |
| PhD | +29% | 12,600 MYR |
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 Banking Data Analyst in order to make a comparison.
Level 1: Certificate or Diploma
Employees at this education level have an average salary of 6,490 MYR.
Level 2: Bachelor's Degree
At this level, the average salary becomes 7,160 MYR, 10% more than the previous level.
Level 3: Master's Degree
At this level, the average salary becomes 9,750 MYR, 36% more than the previous level.
Level 4: PhD
At this level, the average salary becomes 12,600 MYR, 29% 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 Malaysia costs anywhere from 33,100 MYR to 99,200 MYR 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 / Banking Data Analyst / Johor Bahru
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 Banking Data Analyst in Malaysia, the average difference between the salary of male and female employees is 7%.
| Male | 8,950 MYR | |
| Female | -6% | 8,380 MYR |
Salary Comparison By Gender in Malaysia for all Careers
Average Annual Salary Increment Percentage / Banking Data Analyst / Johor Bahru
How much are annual salary increments in Johor Bahru for individuals working as Banking Data Analyst? How often do employees get salary raises?
Individuals working as Banking Data Analyst in Malaysia are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.
Malaysia / 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 / Banking Data Analyst / Malaysia
How much and how often are bonuses being awarded?
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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 / Banking Data Analyst / Johor Bahru
52 MYR per hourThe average hourly wage (pay per hour) for individuals working as Banking Data Analyst in Johor Bahru is 52 MYR.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 Banking Data Analyst in Johor Bahru is 25 MYR. 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 |
| Banking |  -100% | |
| AML Analyst | 10,400 MYR |  +16% |
| Assistant Bank Branch Manager | 9,100 MYR | +2% |
| Assistant Bank Manager | 11,900 MYR | +33% |
| ATM Manager | 10,200 MYR | +14% |
| ATM Service Technician | 2,870 MYR | -68% |
| Bank Accounts Analyst | 3,800 MYR | -58% |
| Bank Accounts Collector | 2,450 MYR | -73% |
| Bank Accounts Controller | 4,860 MYR | -46% |
| Bank Accounts Executive | 7,340 MYR | -18% |
| Bank Accounts Manager | 8,670 MYR | -3% |
| Bank Auditing Manager | 8,520 MYR | -5% |
| Bank Branch Manager | 12,200 MYR | +36% |
| Bank Branch Operations Coordinator | 5,240 MYR | -41% |
| Bank Clerk | 2,400 MYR | -73% |
| Bank Client Service Associate | 3,220 MYR | -64% |
| Bank Collector | 2,510 MYR | -72% |
| Bank Compliance Specialist | 6,680 MYR | -25% |
| Bank Manager | 14,200 MYR | +59% |
| Bank Operational Risk Manager | 14,900 MYR | +67% |
| Bank Operations Head | 13,900 MYR | +55% |
| Bank Operations Officer | 5,450 MYR | -39% |
| Bank Operations Specialist | 9,010 MYR | +1% |
| Bank Process Manager | 8,380 MYR | -6% |
| Bank Product Manager | 9,040 MYR | +1% |
| Bank Programme Manager | 9,930 MYR | +11% |
| Bank Project Manager | 11,500 MYR | +29% |
| Bank Propositions Manager | 10,700 MYR | +20% |
| Bank Quantitative Analyst | 7,020 MYR | -22% |
| Bank Regional Manager | 14,600 MYR | +63% |
| Bank Regional Risk Officer | 7,230 MYR | -19% |
| Bank Relationship Manager | 10,900 MYR | +22% |
| Bank Relationship Officer | 4,680 MYR | -48% |
| Bank Sustainability Analyst | 8,560 MYR | -4% |
| Bank Teller | 2,510 MYR | -72% |
| Banker | 5,200 MYR | -42% |
| Banking Business Analyst | 7,590 MYR | -15% |
| Banking Business Development Officer | 4,540 MYR | -49% |
| Banking Business Planning Executive | 11,000 MYR | +23% |
| Banking Data Analyst | 8,950 MYR | +0% |
| Banking Product Manager | 9,730 MYR | +9% |
| Banking Reference Data Manager | 8,360 MYR | -7% |
| Banking Regulatory Compliance Officer | 8,450 MYR | -6% |
| Banking Risk Analyst | 7,220 MYR | -19% |
| Banking Technical Analyst | 4,000 MYR | -55% |
| Bankruptcy Coordinator | 5,450 MYR | -39% |
| Bill and Account Collector | 2,630 MYR | -71% |
| Blockchain Analyst | 6,680 MYR | -25% |
| Blockchain Architect | 7,140 MYR | -20% |
| Blockchain Auditor | 6,450 MYR | -28% |
| Blockchain Compliance Analyst | 6,780 MYR | -24% |
| Blockchain Consultant | 7,230 MYR | -19% |
| Blockchain Trade Facilitator | 6,210 MYR | -31% |
| Budget Analyst | 7,630 MYR | -15% |
| Capital Risk Manager | 14,200 MYR | +59% |
| Cards Marketing Manager | 8,950 MYR | +0% |
| Cash Management Manager | 12,900 MYR | +44% |
| Check Processing Manager | 9,730 MYR | +9% |
| Chief Blockchain Officer | 8,400 MYR | -6% |
| Commercial Vault Associate | 7,520 MYR | -16% |
| Corporate Banker | 5,330 MYR | -40% |
| Corporate Dealer | 7,630 MYR | -15% |
| Credit Analyst | 5,570 MYR | -38% |
| Credit and Collections Manager | 9,860 MYR | +10% |
| Credit Card Fraud Investigator | 7,690 MYR | -14% |
| Credit Portfolio Manager | 14,000 MYR | +56% |
| Credit Risk Analyst | 8,480 MYR | -5% |
| Credit Risk Associate | 7,650 MYR | -14% |
| Cryptocurrency Accountant | 4,800 MYR | -46% |
| Cryptocurrency Adviser | 9,490 MYR | +6% |
| Cryptocurrency Analyst | 7,230 MYR | -19% |
| Cryptocurrency Compliance Manager | 8,280 MYR | -7% |
| Cryptocurrency Trader | 7,550 MYR | -16% |
| Digital Banking Manager | 9,740 MYR | +9% |
| Digital Currency Analyst | 7,050 MYR | -21% |
| Direct Bank Sales Representative | 5,370 MYR | -40% |
| Exchange Control Consultant | 8,270 MYR | -8% |
| Executive Account Analyst | 7,670 MYR | -14% |
| Financial Bank Planning Consultant | 9,190 MYR | +3% |
| Financial Banking Analysis Manager | 11,500 MYR | +29% |
| Financial Banking Assistant | 3,450 MYR | -61% |
| Financial Banking Systems Manager | 10,000 MYR | +12% |
| Foreign Exchange Manager | 10,900 MYR | +22% |
| Fraud Analyst | 8,120 MYR | -9% |
| Fraud Detection Associate | 5,510 MYR | -38% |
| Fraud Detection Manager | 12,200 MYR | +36% |
| Fraud Detection Supervisor | 6,780 MYR | -24% |
| Internal Bank Audit Manager | 13,300 MYR | +49% |
| Internal Bank Auditor | 7,180 MYR | -20% |
| Internal Private Banker | 5,490 MYR | -39% |
| International Banking Manager | 15,500 MYR | +73% |
| Investment Banking Analyst | 10,900 MYR | +22% |
| Loan Analyst | 7,350 MYR | -18% |
| Loan Area Manager | 8,860 MYR | -1% |
| Loan Audit Team Leader | 8,300 MYR | -7% |
| Loan Branch Manager | 8,370 MYR | -6% |
| Loan Business Development Officer | 4,590 MYR | -49% |
| Loan Clerk | 2,730 MYR | -69% |
| Loan Collection and Recovery Manager | 8,670 MYR | -3% |
| Loan Collection Manager | 9,410 MYR | +5% |
| Loan Collector | 2,410 MYR | -73% |
| Loan Examiner | 3,270 MYR | -63% |
| Loan Officer | 2,990 MYR | -67% |
| Loan Processing Manager | 8,220 MYR | -8% |
| Loan Processor | 3,490 MYR | -61% |
| Loan Quality Assurance Auditor | 7,230 MYR | -19% |
| Loan Quality Assurance Manager | 8,200 MYR | -8% |
| Loan Quality Assurance Representative | 5,570 MYR | -38% |
| Loan Review Manager | 8,550 MYR | -4% |
| Loan Team Leader | 7,780 MYR | -13% |
| Loans Manager | 9,540 MYR | +7% |
| Mortgage Advisor | 5,440 MYR | -39% |
| Mortgage Collection Manager | 8,460 MYR | -5% |
| Mortgage Collector | 2,400 MYR | -73% |
| Mortgage Credit Analyst | 3,980 MYR | -56% |
| Mortgage Credit Manager | 8,520 MYR | -5% |
| Mortgage Development Manager | 9,930 MYR | +11% |
| Mortgage Document Reviewer | 3,110 MYR | -65% |
| Mortgage Funding Manager | 9,420 MYR | +5% |
| Mortgage Operations Manager | 12,500 MYR | +40% |
| Mortgage Payment Processing Clerk | 2,800 MYR | -69% |
| Mortgage Processing Manager | 8,480 MYR | -5% |
| Mortgage Processor | 3,390 MYR | -62% |
| Mortgage Quality Assurance Auditor | 7,380 MYR | -18% |
| Mortgage Quality Assurance Manager | 8,600 MYR | -4% |
| Mortgage Servicing Clerk | 2,670 MYR | -70% |
| Mortgage Servicing Manager | 8,630 MYR | -4% |
| Mortgage Underwriter | 3,270 MYR | -63% |
| Online Banking Manager | 13,400 MYR | +50% |
| Open Banking Strategist | 7,410 MYR | -17% |
| Payment Processing Clerk | 2,770 MYR | -69% |
| Personal Banker | 5,550 MYR | -38% |
| Personal Banking Advisor | 5,570 MYR | -38% |
| Phone Banker | 3,500 MYR | -61% |
| Private Banker | 5,210 MYR | -42% |
| Reconciliation and Investigation Specialist | 6,330 MYR | -29% |
| Tax Officer | 4,280 MYR | -52% |
| Teller | 2,600 MYR | -71% |
| Trade Officer | 3,000 MYR | -66% |
| Trade Product Manager | 8,750 MYR | -2% |
| Trader | 3,730 MYR | -58% |
| Treasury Operations Officer | 6,420 MYR | -28% |
| Wealth Management Advisor | 10,500 MYR | +17% |
Salary Comparison By City
| City | Average Salary |
| Johor Bahru | 8,950 MYR |
| Kuala Lumpur | 9,200 MYR |
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 Malaysia is 9% on average across all career fields.
| Private Sector | 6,340 MYR | |
| Public Sector | +9% | 6,900 MYR |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Banking Data Analyst in Johor Bahru?
A good and competitive compensation would range anywhere between 8,350 MYR and 9,540 MYR. 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 Banking Data Analyst in Johor Bahru ranges from 4,380 MYR to 6,820 MYR. 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
