Cash Management Manager Average Salary in Kuala Lumpur 2024
How much money does a person working as Cash Management Manager make in Kuala Lumpur?
LOW
7,200
MYR AVERAGE
13,900
MYR HIGH
21,200
MYR
A person working as Cash Management Manager in Kuala Lumpur typically earns around 13,900 MYR. Salaries range from 7,200 MYR (lowest) to 21,200 MYR (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Cash Management Manager salaries in Kuala Lumpur vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Cash Management Manager Pay Scale and Salaries in Kuala Lumpur
Salary Structure and Pay Scale Comparison
12,500 MYR or more
11,200 to 12,500 MYR
8,160 MYR or less
8,160 to 11,200 MYR
 7,200 MYR |
12,600 MYR |
21,200 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 Cash Management Manager in Kuala Lumpur range from 7,200 MYR (starting salary) to 21,200 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 12,600 MYR, half of the professionals who work as Cash Management Manager in Kuala Lumpur 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 Cash Management Manager in Kuala Lumpur earn less than 10,400 MYR, while 75% earn more. Similarly, the chart shows that 75% earn less than 14,300 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 Cash Management Manager in Kuala Lumpur compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 8,160 MYR to 11,200 MYR. About 20% of salaries are below the 8,160 MYR mark, while 10% fall within the range of 11,200 MYR to 12,500 MYR. Only 5% of individuals have salaries exceeding 12,500 MYR.
Salary Comparison by Years of Experience / Cash Management Manager / Kuala Lumpur
How do experience and age affect pay?
| 0 - 2 Years | 8,180 MYR | |
| 2 - 5 Years | +34% | 11,000 MYR |
| 5 - 10 Years | +30% | 14,300 MYR |
| 10 - 15 Years | +21% | 17,300 MYR |
| 15 - 20 Years | +9% | 18,900 MYR |
| 20+ Years | +5% | 19,900 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 Cash Management Manager and this is what we found.
Employees with less than two years of experience earn approximately 8,180 MYR.
While someone with an experience level between two and five years is expected to earn 11,000 MYR, 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 14,300 MYR, 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 17,300 MYR, 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 18,900 MYR, 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 19,900 MYR, 5% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Cash Management Manager / Kuala Lumpur
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Cash Management Manager.
| Bachelor's Degree | 11,500 MYR | |
| Master's Degree | +39% | 16,000 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 Cash Management Manager in order to make a comparison.
Level 1: Bachelor's Degree
Employees at this education level have an average salary of 11,500 MYR.
Level 2: Master's Degree
At this level, the average salary becomes 16,000 MYR, 39% 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 / Cash Management Manager / Kuala Lumpur
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 Cash Management Manager in Malaysia, the average difference between the salary of male and female employees is 7%.
| Male | 13,500 MYR | |
| Female | -6% | 12,700 MYR |
Salary Comparison By Gender in Malaysia for all Careers
Average Annual Salary Increment Percentage / Cash Management Manager / Kuala Lumpur
How much are annual salary increments in Kuala Lumpur for individuals working as Cash Management Manager? How often do employees get salary raises?
Individuals working as Cash Management Manager 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 / Cash Management Manager / 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 / Cash Management Manager / Kuala Lumpur
80 MYR per hourThe average hourly wage (pay per hour) for individuals working as Cash Management Manager in Kuala Lumpur is 80 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 Cash Management Manager in Kuala Lumpur is 42 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 | 11,500 MYR | -17% |
| Assistant Bank Branch Manager | 9,870 MYR | -29% |
| Assistant Bank Manager | 13,100 MYR | -5% |
| ATM Manager | 11,300 MYR | -18% |
| ATM Service Technician | 2,850 MYR | -79% |
| Bank Accounts Analyst | 4,160 MYR | -70% |
| Bank Accounts Collector | 2,710 MYR | -80% |
| Bank Accounts Controller | 5,420 MYR | -61% |
| Bank Accounts Executive | 8,160 MYR | -41% |
| Bank Accounts Manager | 9,600 MYR | -31% |
| Bank Auditing Manager | 9,330 MYR | -33% |
| Bank Branch Manager | 13,300 MYR | -4% |
| Bank Branch Operations Coordinator | 5,830 MYR | -58% |
| Bank Clerk | 2,560 MYR | -82% |
| Bank Client Service Associate | 3,700 MYR | -73% |
| Bank Collector | 2,760 MYR | -80% |
| Bank Compliance Specialist | 7,100 MYR | -49% |
| Bank Manager | 15,200 MYR |  +10% |
| Bank Operational Risk Manager | 14,800 MYR | +7% |
| Bank Operations Head | 15,000 MYR | +8% |
| Bank Operations Officer | 6,280 MYR | -55% |
| Bank Operations Specialist | 9,630 MYR | -30% |
| Bank Process Manager | 8,470 MYR | -39% |
| Bank Product Manager | 9,710 MYR | -30% |
| Bank Programme Manager | 10,800 MYR | -22% |
| Bank Project Manager | 12,700 MYR | -8% |
| Bank Propositions Manager | 11,300 MYR | -18% |
| Bank Quantitative Analyst | 8,060 MYR | -42% |
| Bank Regional Manager | 16,200 MYR | +17% |
| Bank Regional Risk Officer | 8,470 MYR | -39% |
| Bank Relationship Manager | 12,100 MYR | -13% |
| Bank Relationship Officer | 5,310 MYR | -62% |
| Bank Sustainability Analyst | 8,830 MYR | -36% |
| Bank Teller | 2,700 MYR | -81% |
| Banker | 5,640 MYR | -59% |
| Banking Business Analyst | 8,190 MYR | -41% |
| Banking Business Development Officer | 4,880 MYR | -65% |
| Banking Business Planning Executive | 11,600 MYR | -16% |
| Banking Data Analyst | 9,200 MYR | -34% |
| Banking Product Manager | 9,660 MYR | -30% |
| Banking Reference Data Manager | 9,200 MYR | -34% |
| Banking Regulatory Compliance Officer | 9,590 MYR | -31% |
| Banking Risk Analyst | 8,020 MYR | -42% |
| Banking Technical Analyst | 4,200 MYR | -70% |
| Bankruptcy Coordinator | 5,810 MYR | -58% |
| Bill and Account Collector | 2,860 MYR | -79% |
| Blockchain Analyst | 7,210 MYR | -48% |
| Blockchain Architect | 7,690 MYR | -44% |
| Blockchain Auditor | 6,920 MYR | -50% |
| Blockchain Compliance Analyst | 7,250 MYR | -48% |
| Blockchain Consultant | 7,720 MYR | -44% |
| Blockchain Trade Facilitator | 6,520 MYR | -53% |
| Budget Analyst | 8,250 MYR | -40% |
| Capital Risk Manager | 15,700 MYR | +13% |
| Cards Marketing Manager | 9,820 MYR | -29% |
| Cash Management Manager | 13,900 MYR | +0% |
| Check Processing Manager | 10,400 MYR | -25% |
| Chief Blockchain Officer | 8,830 MYR | -36% |
| Commercial Vault Associate | 7,610 MYR | -45% |
| Corporate Banker | 5,710 MYR | -59% |
| Corporate Dealer | 8,740 MYR | -37% |
| Credit Analyst | 6,520 MYR | -53% |
| Credit and Collections Manager | 10,400 MYR | -25% |
| Credit Card Fraud Investigator | 8,090 MYR | -42% |
| Credit Portfolio Manager | 15,200 MYR | +10% |
| Credit Risk Analyst | 8,750 MYR | -37% |
| Credit Risk Associate | 8,530 MYR | -38% |
| Cryptocurrency Accountant | 5,130 MYR | -63% |
| Cryptocurrency Adviser | 10,100 MYR | -27% |
| Cryptocurrency Analyst | 7,680 MYR | -45% |
| Cryptocurrency Compliance Manager | 9,680 MYR | -30% |
| Cryptocurrency Trader | 7,960 MYR | -43% |
| Digital Banking Manager | 11,200 MYR | -19% |
| Digital Currency Analyst | 7,990 MYR | -42% |
| Direct Bank Sales Representative | 5,630 MYR | -59% |
| Exchange Control Consultant | 8,360 MYR | -40% |
| Executive Account Analyst | 8,280 MYR | -40% |
| Financial Bank Planning Consultant | 10,800 MYR | -22% |
| Financial Banking Analysis Manager | 12,100 MYR | -13% |
| Financial Banking Assistant | 3,970 MYR | -71% |
| Financial Banking Systems Manager | 11,500 MYR | -17% |
| Foreign Exchange Manager | 11,300 MYR | -18% |
| Fraud Analyst | 8,800 MYR | -36% |
| Fraud Detection Associate | 5,680 MYR | -59% |
| Fraud Detection Manager | 12,900 MYR | -7% |
| Fraud Detection Supervisor | 6,970 MYR | -50% |
| Internal Bank Audit Manager | 15,000 MYR | +8% |
| Internal Bank Auditor | 8,080 MYR | -42% |
| Internal Private Banker | 5,860 MYR | -58% |
| International Banking Manager | 15,700 MYR | +13% |
| Investment Banking Analyst | 11,500 MYR | -17% |
| Loan Analyst | 8,140 MYR | -41% |
| Loan Area Manager | 9,840 MYR | -29% |
| Loan Audit Team Leader | 9,210 MYR | -34% |
| Loan Branch Manager | 9,260 MYR | -33% |
| Loan Business Development Officer | 5,070 MYR | -63% |
| Loan Clerk | 2,720 MYR | -80% |
| Loan Collection and Recovery Manager | 9,490 MYR | -31% |
| Loan Collection Manager | 9,340 MYR | -33% |
| Loan Collector | 2,630 MYR | -81% |
| Loan Examiner | 3,560 MYR | -74% |
| Loan Officer | 3,020 MYR | -78% |
| Loan Processing Manager | 8,910 MYR | -36% |
| Loan Processor | 3,780 MYR | -73% |
| Loan Quality Assurance Auditor | 7,790 MYR | -44% |
| Loan Quality Assurance Manager | 8,800 MYR | -36% |
| Loan Quality Assurance Representative | 5,960 MYR | -57% |
| Loan Review Manager | 9,130 MYR | -34% |
| Loan Team Leader | 8,280 MYR | -40% |
| Loans Manager | 10,500 MYR | -24% |
| Mortgage Advisor | 5,780 MYR | -58% |
| Mortgage Collection Manager | 9,890 MYR | -29% |
| Mortgage Collector | 2,530 MYR | -82% |
| Mortgage Credit Analyst | 4,180 MYR | -70% |
| Mortgage Credit Manager | 8,930 MYR | -36% |
| Mortgage Development Manager | 10,400 MYR | -25% |
| Mortgage Document Reviewer | 3,590 MYR | -74% |
| Mortgage Funding Manager | 10,800 MYR | -22% |
| Mortgage Operations Manager | 14,100 MYR | +2% |
| Mortgage Payment Processing Clerk | 3,160 MYR | -77% |
| Mortgage Processing Manager | 8,780 MYR | -37% |
| Mortgage Processor | 3,500 MYR | -75% |
| Mortgage Quality Assurance Auditor | 8,290 MYR | -40% |
| Mortgage Quality Assurance Manager | 8,720 MYR | -37% |
| Mortgage Servicing Clerk | 2,750 MYR | -80% |
| Mortgage Servicing Manager | 8,870 MYR | -36% |
| Mortgage Underwriter | 3,310 MYR | -76% |
| Online Banking Manager | 13,500 MYR | -3% |
| Open Banking Strategist | 8,400 MYR | -39% |
| Payment Processing Clerk | 2,800 MYR | -80% |
| Personal Banker | 6,010 MYR | -57% |
| Personal Banking Advisor | 5,850 MYR | -58% |
| Phone Banker | 3,950 MYR | -71% |
| Private Banker | 5,800 MYR | -58% |
| Reconciliation and Investigation Specialist | 6,400 MYR | -54% |
| Tax Officer | 4,700 MYR | -66% |
| Teller | 2,860 MYR | -79% |
| Trade Officer | 3,380 MYR | -76% |
| Trade Product Manager | 9,840 MYR | -29% |
| Trader | 3,780 MYR | -73% |
| Treasury Operations Officer | 6,900 MYR | -50% |
| Wealth Management Advisor | 11,300 MYR | -18% |
Salary Comparison By City
| City | Average Salary |
| Johor Bahru | 12,900 MYR |
| Kuala Lumpur | 13,900 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 Cash Management Manager in Kuala Lumpur?
A good and competitive compensation would range anywhere between 12,600 MYR and 14,300 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 Cash Management Manager in Kuala Lumpur ranges from 7,200 MYR to 10,400 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
