A person working as Bank Propositions Manager in Namibia typically earns around 26,600 NAD. Salaries range from 13,000 NAD (lowest) to 41,400 NAD (highest).
This is the average salary including housing, transport, and other benefits. Bank Propositions Manager salaries in Namibia vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Minimum Salary 13,000 NAD |
Median 24,800 NAD |
Maximum 41,400 NAD |
Salaries for the position Bank Propositions Manager in Namibia range from 13,000 NAD (starting salary) to 41,400 NAD (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.
With a median salary of 24,800 NAD, half of the professionals who work as Bank Propositions Manager in Namibia 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.
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 Bank Propositions Manager in Namibia earn less than 20,300 NAD, while 75% earn more. Similarly, the chart shows that 75% earn less than 28,300 NAD while 25% earn more.
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 Bank Propositions Manager in Namibia compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 15,400 NAD to 21,800 NAD. About 20% of salaries are below the 15,400 NAD mark, while 10% fall within the range of 21,800 NAD to 24,600 NAD. Only 5% of individuals have salaries exceeding 24,600 NAD.
0 - 2 Years | 15,400 NAD | |
2 - 5 Years | +29% | 19,800 NAD |
5 - 10 Years | +38% | 27,400 NAD |
10 - 15 Years | +24% | 33,900 NAD |
15 - 20 Years | +7% | 36,300 NAD |
20+ Years | +7% | 38,700 NAD |
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 Bank Propositions Manager and this is what we found.
Employees with less than two years of experience earn approximately 15,400 NAD.
While someone with an experience level between two and five years is expected to earn 19,800 NAD, 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 27,400 NAD, 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 33,900 NAD, 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 36,300 NAD, 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 38,700 NAD, 7% more than people with fifteen to twenty years of experience.
Bachelor's Degree | 19,300 NAD | |
Master's Degree | +60% | 30,900 NAD |
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 Bank Propositions Manager in order to make a comparison.
Employees at this education level have an average salary of 19,300 NAD.
At this level, the average salary becomes 30,900 NAD, 60% more than the previous level.
A Master's degree program or any post-graduate program in Namibia costs anywhere from 87,600 NAD to 263,000 NAD 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.
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 Bank Propositions Manager in Namibia, the average difference between the salary of male and female employees is 8%.
Male | 27,400 NAD | |
Female | -7% | 25,400 NAD |
Individuals working as Bank Propositions Manager in Namibia are likely to observe a salary increase of approximately 8% every 29 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.
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.
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
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.
36% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 64% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.
Received Bonus | 64% | |
No Bonus | 36% |
The 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.
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.
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.
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.
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.
The minimum pay rate per hour for people working as Bank Propositions Manager in Namibia is 75 NAD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Job Title | Average Salary |
Banking | -100% | |
AML Analyst | 27,000 NAD | +2% |
Assistant Bank Branch Manager | 21,800 NAD | -18% |
Assistant Bank Manager | 28,900 NAD | +9% |
ATM Manager | 25,600 NAD | -4% |
ATM Service Technician | 6,710 NAD | -75% |
Bank Accounts Analyst | 10,400 NAD | -61% |
Bank Accounts Collector | 6,080 NAD | -77% |
Bank Accounts Controller | 13,100 NAD | -51% |
Bank Accounts Executive | 18,500 NAD | -30% |
Bank Accounts Manager | 22,600 NAD | -15% |
Bank Auditing Manager | 22,700 NAD | -15% |
Bank Branch Manager | 31,300 NAD | +18% |
Bank Branch Operations Coordinator | 13,200 NAD | -50% |
Bank Clerk | 6,250 NAD | -76% |
Bank Client Service Associate | 8,620 NAD | -68% |
Bank Collector | 6,280 NAD | -76% |
Bank Compliance Specialist | 16,300 NAD | -39% |
Bank Manager | 37,500 NAD | +41% |
Bank Operational Risk Manager | 37,500 NAD | +41% |
Bank Operations Head | 38,400 NAD | +45% |
Bank Operations Officer | 14,100 NAD | -47% |
Bank Operations Specialist | 22,300 NAD | -16% |
Bank Process Manager | 21,500 NAD | -19% |
Bank Product Manager | 23,200 NAD | -13% |
Bank Programme Manager | 23,800 NAD | -10% |
Bank Project Manager | 28,600 NAD | +8% |
Bank Propositions Manager | 26,600 NAD | +0% |
Bank Quantitative Analyst | 18,800 NAD | -29% |
Bank Regional Manager | 38,900 NAD | +46% |
Bank Regional Risk Officer | 20,100 NAD | -24% |
Bank Relationship Manager | 27,100 NAD | +2% |
Bank Relationship Officer | 12,300 NAD | -54% |
Bank Sustainability Analyst | 21,100 NAD | -21% |
Bank Teller | 6,810 NAD | -74% |
Banker | 13,400 NAD | -50% |
Banking Business Analyst | 19,300 NAD | -27% |
Banking Business Development Officer | 11,900 NAD | -55% |
Banking Business Planning Executive | 28,400 NAD | +7% |
Banking Data Analyst | 22,700 NAD | -15% |
Banking Product Manager | 24,600 NAD | -7% |
Banking Reference Data Manager | 20,900 NAD | -21% |
Banking Regulatory Compliance Officer | 22,100 NAD | -17% |
Banking Risk Analyst | 19,700 NAD | -26% |
Banking Technical Analyst | 10,200 NAD | -62% |
Bankruptcy Coordinator | 13,900 NAD | -48% |
Bill and Account Collector | 6,890 NAD | -74% |
Blockchain Analyst | 15,800 NAD | -41% |
Blockchain Architect | 19,200 NAD | -28% |
Blockchain Auditor | 16,200 NAD | -39% |
Blockchain Compliance Analyst | 17,500 NAD | -34% |
Blockchain Consultant | 17,500 NAD | -34% |
Blockchain Trade Facilitator | 15,800 NAD | -41% |
Budget Analyst | 18,900 NAD | -29% |
Capital Risk Manager | 35,200 NAD | +33% |
Cards Marketing Manager | 24,400 NAD | -8% |
Cash Management Manager | 35,000 NAD | +32% |
Check Processing Manager | 24,600 NAD | -7% |
Chief Blockchain Officer | 21,900 NAD | -18% |
Commercial Vault Associate | 18,200 NAD | -31% |
Corporate Banker | 14,400 NAD | -46% |
Corporate Dealer | 19,500 NAD | -27% |
Credit Analyst | 15,500 NAD | -42% |
Credit and Collections Manager | 25,500 NAD | -4% |
Credit Card Fraud Investigator | 20,500 NAD | -23% |
Credit Portfolio Manager | 35,100 NAD | +32% |
Credit Risk Analyst | 21,400 NAD | -19% |
Credit Risk Associate | 20,200 NAD | -24% |
Cryptocurrency Accountant | 11,900 NAD | -55% |
Cryptocurrency Adviser | 24,200 NAD | -9% |
Cryptocurrency Analyst | 17,200 NAD | -35% |
Cryptocurrency Compliance Manager | 22,500 NAD | -15% |
Cryptocurrency Trader | 19,100 NAD | -28% |
Digital Banking Manager | 26,700 NAD | +1% |
Digital Currency Analyst | 18,500 NAD | -30% |
Direct Bank Sales Representative | 13,400 NAD | -50% |
Exchange Control Consultant | 20,700 NAD | -22% |
Executive Account Analyst | 18,100 NAD | -32% |
Financial Bank Planning Consultant | 25,500 NAD | -4% |
Financial Banking Analysis Manager | 27,800 NAD | +5% |
Financial Banking Assistant | 9,440 NAD | -64% |
Financial Banking Systems Manager | 25,600 NAD | -4% |
Foreign Exchange Manager | 28,800 NAD | +8% |
Fraud Analyst | 21,000 NAD | -21% |
Fraud Detection Associate | 13,600 NAD | -49% |
Fraud Detection Manager | 29,000 NAD | +9% |
Fraud Detection Supervisor | 17,200 NAD | -35% |
Internal Bank Audit Manager | 35,800 NAD | +35% |
Internal Bank Auditor | 18,100 NAD | -32% |
Internal Private Banker | 13,300 NAD | -50% |
International Banking Manager | 40,100 NAD | +51% |
Investment Banking Analyst | 27,300 NAD | +3% |
Loan Analyst | 18,700 NAD | -30% |
Loan Area Manager | 24,100 NAD | -9% |
Loan Audit Team Leader | 22,600 NAD | -15% |
Loan Branch Manager | 21,300 NAD | -20% |
Loan Business Development Officer | 12,000 NAD | -55% |
Loan Clerk | 6,690 NAD | -75% |
Loan Collection and Recovery Manager | 22,600 NAD | -15% |
Loan Collection Manager | 23,800 NAD | -10% |
Loan Collector | 6,470 NAD | -76% |
Loan Examiner | 8,200 NAD | -69% |
Loan Officer | 7,480 NAD | -72% |
Loan Processing Manager | 21,200 NAD | -20% |
Loan Processor | 8,440 NAD | -68% |
Loan Quality Assurance Auditor | 19,900 NAD | -25% |
Loan Quality Assurance Manager | 21,100 NAD | -21% |
Loan Quality Assurance Representative | 14,700 NAD | -45% |
Loan Review Manager | 21,100 NAD | -21% |
Loan Team Leader | 19,800 NAD | -25% |
Loans Manager | 26,000 NAD | -2% |
Mortgage Advisor | 13,000 NAD | -51% |
Mortgage Collection Manager | 23,000 NAD | -13% |
Mortgage Collector | 6,090 NAD | -77% |
Mortgage Credit Analyst | 10,400 NAD | -61% |
Mortgage Credit Manager | 20,800 NAD | -22% |
Mortgage Development Manager | 25,000 NAD | -6% |
Mortgage Document Reviewer | 8,080 NAD | -70% |
Mortgage Funding Manager | 25,200 NAD | -5% |
Mortgage Operations Manager | 31,900 NAD | +20% |
Mortgage Payment Processing Clerk | 7,390 NAD | -72% |
Mortgage Processing Manager | 21,200 NAD | -20% |
Mortgage Processor | 8,740 NAD | -67% |
Mortgage Quality Assurance Auditor | 18,200 NAD | -31% |
Mortgage Quality Assurance Manager | 21,800 NAD | -18% |
Mortgage Servicing Clerk | 6,420 NAD | -76% |
Mortgage Servicing Manager | 21,400 NAD | -19% |
Mortgage Underwriter | 7,750 NAD | -71% |
Online Banking Manager | 32,400 NAD | +22% |
Open Banking Strategist | 19,400 NAD | -27% |
Payment Processing Clerk | 6,950 NAD | -74% |
Personal Banker | 14,000 NAD | -47% |
Personal Banking Advisor | 13,900 NAD | -48% |
Phone Banker | 9,440 NAD | -64% |
Private Banker | 13,500 NAD | -49% |
Reconciliation and Investigation Specialist | 15,000 NAD | -44% |
Tax Officer | 11,700 NAD | -56% |
Teller | 6,650 NAD | -75% |
Trade Officer | 7,910 NAD | -70% |
Trade Product Manager | 21,500 NAD | -19% |
Trader | 9,480 NAD | -64% |
Treasury Operations Officer | 16,900 NAD | -36% |
Wealth Management Advisor | 28,300 NAD | +7% |
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 Namibia is 7% on average across all career fields.
Private Sector | 16,800 NAD | |
Public Sector | +7% | 18,000 NAD |
A good and competitive compensation would range anywhere between 24,800 NAD and 28,300 NAD. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
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.
The base salary for a careers like Bank Propositions Manager in Namibia ranges from 13,000 NAD to 20,300 NAD. 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.
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