Internal Auditor Average Salary in Mauritius 2024
How much money does a person working as Internal Auditor make in Mauritius?
LOW
22,100
MUR AVERAGE
46,000
MUR HIGH
72,100
MUR
A person working as Internal Auditor in Mauritius typically earns around 46,000 MUR. Salaries range from 22,100 MUR (lowest) to 72,100 MUR (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Internal Auditor salaries in Mauritius vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Internal Auditor Pay Scale and Salaries in Mauritius
Salary Structure and Pay Scale Comparison
42,900 MUR or more
37,800 to 42,900 MUR
26,600 MUR or less
26,600 to 37,800 MUR
 22,100 MUR |
43,200 MUR |
72,100 MUR |
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 Internal Auditor in Mauritius range from 22,100 MUR (starting salary) to 72,100 MUR (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 43,200 MUR, half of the professionals who work as Internal Auditor in Mauritius 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 Internal Auditor in Mauritius earn less than 35,200 MUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 49,500 MUR 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 Internal Auditor in Mauritius compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 26,600 MUR to 37,800 MUR. About 20% of salaries are below the 26,600 MUR mark, while 10% fall within the range of 37,800 MUR to 42,900 MUR. Only 5% of individuals have salaries exceeding 42,900 MUR.
Salary Comparison by Years of Experience / Internal Auditor / Mauritius
How do experience and age affect pay?
| 0 - 2 Years | 25,800 MUR | |
| 2 - 5 Years | +42% | 36,600 MUR |
| 5 - 10 Years | +31% | 48,100 MUR |
| 10 - 15 Years | +23% | 59,100 MUR |
| 15 - 20 Years | +6% | 62,900 MUR |
| 20+ Years | +10% | 68,900 MUR |
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 Internal Auditor and this is what we found.
Employees with less than two years of experience earn approximately 25,800 MUR.
While someone with an experience level between two and five years is expected to earn 36,600 MUR, 42% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 48,100 MUR, 31% 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 59,100 MUR, 23% 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 62,900 MUR, 6% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 68,900 MUR, 10% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Internal Auditor / Mauritius
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Internal Auditor.
| Certificate or Diploma | 32,100 MUR | |
| Bachelor's Degree | +59% | 51,100 MUR |
| Master's Degree | +33% | 68,100 MUR |
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 Internal Auditor in order to make a comparison.
Level 1: Certificate or Diploma
Employees at this education level have an average salary of 32,100 MUR.
Level 2: Bachelor's Degree
At this level, the average salary becomes 51,100 MUR, 59% more than the previous level.
Level 3: Master's Degree
At this level, the average salary becomes 68,100 MUR, 33% 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 Mauritius costs anywhere from 233,000 MUR to 699,000 MUR 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 / Internal Auditor / Mauritius
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 Internal Auditor in Mauritius, the average difference between the salary of male and female employees is 6%.
| Male | 47,700 MUR | |
| Female | -6% | 44,900 MUR |
Salary Comparison By Gender in Mauritius for all Careers
Average Annual Salary Increment Percentage / Internal Auditor / Mauritius
How much are annual salary increments in Mauritius for individuals working as Internal Auditor? How often do employees get salary raises?
Individuals working as Internal Auditor in Mauritius are likely to observe a salary increase of approximately 7% every 29 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.
Mauritius / 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 / Internal Auditor / Mauritius
How much and how often are bonuses being awarded?
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61% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 39% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.
| Received Bonus | 39% | |
| No Bonus | 61% |
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 / Internal Auditor / Mauritius
270 MUR per hourThe average hourly wage (pay per hour) for individuals working as Internal Auditor in Mauritius is 270 MUR.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 Internal Auditor in Mauritius is 130 MUR. 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 | 25,300 MUR | -45% |
| Account Executive | 43,200 MUR | -6% |
| Accountant | 31,400 MUR | -32% |
| Accounting Analyst | 41,000 MUR | -11% |
| Accounting Assistant | 25,500 MUR | -45% |
| Accounting Associate | 24,100 MUR | -48% |
| Accounting Clerk | 20,000 MUR | -56% |
| Accounting Coordinator | 30,400 MUR | -34% |
| Accounting Head | 68,400 MUR |  +49% |
| Accounting Manager | 69,100 MUR | +50% |
| Accounting Officer | 25,600 MUR | -44% |
| Accounting Specialist | 44,000 MUR | -4% |
| Accounting Supervisor | 44,900 MUR | -2% |
| Accounting Technician | 22,000 MUR | -52% |
| Accounting Unit Controller | 57,800 MUR | +26% |
| Accounts Executive | 41,900 MUR | -9% |
| Accounts Officer | 26,400 MUR | -43% |
| Accounts Payable and Receivable Specialist | 34,900 MUR | -24% |
| Accounts Payable Assistant | 26,100 MUR | -43% |
| Accounts Payable Associate | 31,600 MUR | -31% |
| Accounts Payable Clerk | 25,100 MUR | -45% |
| Accounts Payable Manager | 62,600 MUR | +36% |
| Accounts Receivable Administrator | 47,000 MUR | +2% |
| Accounts Receivable Clerk | 24,500 MUR | -47% |
| Accounts Receivable Financial Analyst | 44,400 MUR | -3% |
| Accounts Receivable Manager | 66,300 MUR | +44% |
| Accounts Receivable Team Leader | 50,600 MUR | +10% |
| Algorithmic Trading Specialist | 60,400 MUR | +31% |
| Assistant Accountant | 25,500 MUR | -45% |
| Assistant Accounting Manager | 61,800 MUR | +34% |
| Assistant Auditor | 32,800 MUR | -29% |
| Assistant Corporate Controller | 42,700 MUR | -7% |
| Assistant Finance Manager | 68,700 MUR | +50% |
| Assistant Financial Controller | 45,500 MUR | -1% |
| Audit Director | 78,100 MUR | +70% |
| Audit Supervisor | 61,400 MUR | +34% |
| Auditing Clerk | 26,400 MUR | -43% |
| Auditing Manager | 66,400 MUR | +44% |
| Billing Clerk | 24,500 MUR | -47% |
| Billing Coordinator | 30,400 MUR | -34% |
| Billing Specialist | 35,700 MUR | -22% |
| Billing Supervisor | 49,300 MUR | +7% |
| Bookkeeper | 22,000 MUR | -52% |
| Bookkeeping Specialist | 30,000 MUR | -35% |
| Budget Analyst | 54,000 MUR | +18% |
| Budget Manager | 67,200 MUR | +46% |
| Business Support Analyst | 37,000 MUR | -19% |
| Capital Markets Associate | 51,900 MUR | +13% |
| Cash Flow Analyst | 51,000 MUR | +11% |
| Cash Management Manager | 62,800 MUR | +37% |
| Cash Management Officer | 37,800 MUR | -18% |
| Cashbook Clerk | 22,000 MUR | -52% |
| Chartered Accountant | 43,600 MUR | -5% |
| Chief Accountant | 47,400 MUR | +3% |
| Chief Financial Technology Officer | 67,200 MUR | +46% |
| Collections Clerk | 19,400 MUR | -58% |
| Collections Representative | 28,100 MUR | -39% |
| Collections Specialist | 34,400 MUR | -25% |
| Corporate Controller | 54,900 MUR | +19% |
| Corporate Treasurer | 64,400 MUR | +40% |
| Cost Accountant | 34,200 MUR | -26% |
| Cost Accounting Manager | 62,800 MUR | +37% |
| Cost Accounting Supervisor | 52,400 MUR | +14% |
| Cost Analyst | 52,300 MUR | +14% |
| Credit and Collection Manager | 65,100 MUR | +42% |
| Credit and Collection Staff | 25,200 MUR | -45% |
| Credit and Loans Officer | 24,600 MUR | -46% |
| Credit Controller | 44,600 MUR | -3% |
| Credit Manager | 66,600 MUR | +45% |
| Debt Adviser | 53,100 MUR | +16% |
| Debt Collector | 26,800 MUR | -42% |
| Debtors Clerk | 23,500 MUR | -49% |
| Debtors Controller | 25,600 MUR | -44% |
| Deputy CFO | 87,000 MUR | +89% |
| Deputy Head of Finance | 93,700 MUR | +100% |
| Derivative Trader | 55,900 MUR | +22% |
| Director of Finance | 98,400 MUR | +110% |
| E-commerce Accountant | 33,900 MUR | -26% |
| Economist | 73,700 MUR | +60% |
| Equity Analyst | 60,900 MUR | +33% |
| Escrow Assistant | 29,600 MUR | -36% |
| Executive Accountant | 36,100 MUR | -21% |
| External Auditor | 46,400 MUR | +1% |
| Finance Administrator | 39,300 MUR | -14% |
| Finance Analyst | 56,800 MUR | +24% |
| Finance Associate | 27,500 MUR | -40% |
| Finance Data Analyst | 55,800 MUR | +21% |
| Finance Director | 96,900 MUR | +110% |
| Finance Executive | 70,400 MUR | +53% |
| Finance Licensing Clerk | 23,900 MUR | -48% |
| Finance Licensing Manager | 65,600 MUR | +43% |
| Finance Licensing Specialist | 34,900 MUR | -24% |
| Finance Manager | 95,400 MUR | +110% |
| Finance Officer | 32,800 MUR | -29% |
| Finance President | 92,500 MUR | +100% |
| Finance Relationship Manager | 79,900 MUR | +74% |
| Finance Release Analyst | 38,400 MUR | -16% |
| Finance Specialist | 53,000 MUR | +15% |
| Finance Team Leader | 76,000 MUR | +65% |
| Financial Accountant | 34,400 MUR | -25% |
| Financial Actuary | 51,300 MUR | +12% |
| Financial Administrator | 53,300 MUR | +16% |
| Financial Advisor | 60,300 MUR | +31% |
| Financial Analyst | 61,300 MUR | +33% |
| Financial Applications Specialist | 40,600 MUR | -12% |
| Financial Assistant | 27,100 MUR | -41% |
| Financial Associate | 32,900 MUR | -28% |
| Financial Claims Analyst | 43,300 MUR | -6% |
| Financial Claims Manager | 59,500 MUR | +29% |
| Financial Claims Supervisor | 57,300 MUR | +25% |
| Financial Clerk | 24,900 MUR | -46% |
| Financial Commercial Analyst | 46,500 MUR | +1% |
| Financial Compliance Analyst | 54,300 MUR | +18% |
| Financial Compliance Officer | 51,400 MUR | +12% |
| Financial Consultant | 45,800 MUR | -0% |
| Financial Controller | 53,200 MUR | +16% |
| Financial Coordinator | 31,400 MUR | -32% |
| Financial Customer Service Manager | 60,700 MUR | +32% |
| Financial Data Scientist | 62,600 MUR | +36% |
| Financial Dealer and Broker | 35,500 MUR | -23% |
| Financial Director | 101,000 MUR | +120% |
| Financial Encoder | 29,300 MUR | -36% |
| Financial Manager | 93,200 MUR | +100% |
| Financial Modelling Analyst | 56,700 MUR | +23% |
| Financial Operations Manager | 81,100 MUR | +76% |
| Financial Policy Analyst | 49,200 MUR | +7% |
| Financial Project Manager | 65,200 MUR | +42% |
| Financial Quantitative Analyst | 58,200 MUR | +27% |
| Financial Reporting Consultant | 49,300 MUR | +7% |
| Financial Reporting Manager | 60,700 MUR | +32% |
| Financial Section Head | 64,100 MUR | +39% |
| Financial Services Manager | 87,900 MUR | +91% |
| Financial Services Sales Agent | 36,400 MUR | -21% |
| Financial Technology Consultant | 51,600 MUR | +12% |
| Financial Wellness Coach | 69,800 MUR | +52% |
| FinTech Analyst | 55,000 MUR | +20% |
| Fixed Assets Administrator | 33,100 MUR | -28% |
| Forensic Accountant | 40,300 MUR | -12% |
| Fraud Detection Supervisor | 42,400 MUR | -8% |
| Fraud Prevention Manager | 66,000 MUR | +44% |
| Fund Accountant | 32,100 MUR | -30% |
| Grants Coordinator | 24,800 MUR | -46% |
| Green Finance Analyst | 47,900 MUR | +4% |
| Group Financial Manager | 91,800 MUR | +100% |
| Internal Auditor | 46,000 MUR | +0% |
| Internal Control Adviser | 54,100 MUR | +18% |
| Internal Control Officer | 28,200 MUR | -39% |
| International Tax Director | 82,200 MUR | +79% |
| Inventory Accountant | 35,700 MUR | -22% |
| Investment Advisor | 84,300 MUR | +83% |
| Investment Analyst | 64,600 MUR | +41% |
| Investment Associate | 56,300 MUR | +23% |
| Investment Broker | 57,000 MUR | +24% |
| Investment Fund Manager | 70,200 MUR | +53% |
| Investment Operations Manager | 71,100 MUR | +55% |
| Investment Underwriter | 27,800 MUR | -40% |
| Investor | 41,100 MUR | -11% |
| Investor Relations Manager | 66,500 MUR | +45% |
| KYC Team Leader | 64,500 MUR | +40% |
| Loan Processor | 27,600 MUR | -40% |
| Management Accountant | 37,700 MUR | -18% |
| Management Economist | 77,000 MUR | +68% |
| Paymaster | 26,000 MUR | -43% |
| Payroll Administrator | 44,100 MUR | -4% |
| Payroll Benefits Coordinator | 35,900 MUR | -22% |
| Payroll Billing Manager | 61,600 MUR | +34% |
| Payroll Clerk | 27,300 MUR | -41% |
| Payroll Manager | 59,500 MUR | +29% |
| Payroll Officer | 27,600 MUR | -40% |
| Payroll Specialist | 34,200 MUR | -26% |
| Payroll Supervisor | 43,100 MUR | -6% |
| Pensions Administrator | 35,000 MUR | -24% |
| Personal Financial Advisor | 48,200 MUR | +5% |
| Pricing Analyst | 54,000 MUR | +18% |
| Private Equity Analyst | 57,900 MUR | +26% |
| Project Accountant | 35,500 MUR | -23% |
| Proposal Development Coordinator | 29,400 MUR | -36% |
| Quantitative Trader | 47,200 MUR | +3% |
| Receivables Accountant | 30,600 MUR | -33% |
| Regulatory Accountant | 37,200 MUR | -19% |
| Retirement Plan Analyst | 54,900 MUR | +19% |
| Revenue Management Specialist | 53,600 MUR | +17% |
| Revenue Recognition Analyst | 62,200 MUR | +35% |
| Risk Management Director | 77,000 MUR | +68% |
| Risk Management Supervisor | 65,800 MUR | +43% |
| Staff Accountant | 32,100 MUR | -30% |
| Tax Accountant | 30,500 MUR | -34% |
| Tax Administrator | 35,700 MUR | -22% |
| Tax Advisor | 52,300 MUR | +14% |
| Tax Analyst | 49,100 MUR | +7% |
| Tax Associate | 28,400 MUR | -38% |
| Tax Consultant | 53,100 MUR | +16% |
| Tax Director | 80,000 MUR | +74% |
| Tax Examiner | 35,100 MUR | -24% |
| Tax Manager | 70,400 MUR | +53% |
| Tax Research Manager | 66,200 MUR | +44% |
| Teller | 20,000 MUR | -56% |
| Treasury Accountant | 34,400 MUR | -25% |
| Treasury Analyst | 56,500 MUR | +23% |
| Underwriter | 22,200 MUR | -52% |
| Underwriting Assistant | 21,600 MUR | -53% |
| Vice President of Finance | 94,400 MUR | +110% |
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 Mauritius is 18% on average across all career fields.
| Private Sector | 41,900 MUR | |
| Public Sector | +18% | 49,400 MUR |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Internal Auditor in Mauritius?
A good and competitive compensation would range anywhere between 43,200 MUR and 49,500 MUR. 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 Internal Auditor in Mauritius ranges from 22,100 MUR to 35,200 MUR. 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
