Commodity Broker Average Salary in United Arab Emirates 2024
How much money does a person working as Commodity Broker make in United Arab Emirates?
LOW
6,930
AED AVERAGE
13,300
AED HIGH
20,400
AED
A person working as Commodity Broker in United Arab Emirates typically earns around 13,300 AED. Salaries range from 6,930 AED (lowest) to 20,400 AED (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Commodity Broker salaries in United Arab Emirates vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Commodity Broker Pay Scale and Salaries in United Arab Emirates
Salary Structure and Pay Scale Comparison
12,100 AED or more
10,800 to 12,100 AED
7,850 AED or less
7,850 to 10,800 AED
 6,930 AED |
12,100 AED |
20,400 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 Commodity Broker in United Arab Emirates range from 6,930 AED (starting salary) to 20,400 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 12,100 AED, half of the professionals who work as Commodity Broker in United Arab Emirates 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 Commodity Broker in United Arab Emirates earn less than 10,100 AED, while 75% earn more. Similarly, the chart shows that 75% earn less than 13,800 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 Commodity Broker in United Arab Emirates compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 7,850 AED to 10,800 AED. About 20% of salaries are below the 7,850 AED mark, while 10% fall within the range of 10,800 AED to 12,100 AED. Only 5% of individuals have salaries exceeding 12,100 AED.
Salary Comparison by Years of Experience / Commodity Broker / United Arab Emirates
How do experience and age affect pay?
| 0 - 2 Years | 7,870 AED | |
| 2 - 5 Years | +34% | 10,600 AED |
| 5 - 10 Years | +30% | 13,700 AED |
| 10 - 15 Years | +21% | 16,600 AED |
| 15 - 20 Years | +9% | 18,200 AED |
| 20+ Years | +5% | 19,100 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 Commodity Broker and this is what we found.
Employees with less than two years of experience earn approximately 7,870 AED.
While someone with an experience level between two and five years is expected to earn 10,600 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 13,700 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 16,600 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 18,200 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 19,100 AED, 5% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Commodity Broker / United Arab Emirates
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Commodity Broker.
| High School | 9,490 AED | |
| Certificate or Diploma | +14% | 10,800 AED |
| Bachelor's Degree | +41% | 15,300 AED |
| Master's Degree | +21% | 18,500 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 Commodity Broker in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 9,490 AED.
Level 2: Certificate or Diploma
At this level, the average salary becomes 10,800 AED, 14% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 15,300 AED, 41% more than the previous level.
Level 4: Master's Degree
At this level, the average salary becomes 18,500 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 / Commodity Broker / United Arab Emirates
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 Commodity Broker in United Arab Emirates, the average difference between the salary of male and female employees is 7%.
| Male | 13,800 AED | |
| Female | -6% | 13,000 AED |
Salary Comparison By Gender in United Arab Emirates for all Careers
Average Annual Salary Increment Percentage / Commodity Broker / United Arab Emirates
How much are annual salary increments in United Arab Emirates for individuals working as Commodity Broker? How often do employees get salary raises?
Individuals working as Commodity Broker in United Arab Emirates are likely to observe a salary increase of approximately 12% every 15 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 / Commodity Broker / United Arab Emirates
How much and how often are bonuses being awarded?
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47% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 53% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 3% to 5% of their annual salary.
| Received Bonus | 53% | |
| No Bonus | 47% |
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 / Commodity Broker / United Arab Emirates
77 AED per hourThe average hourly wage (pay per hour) for individuals working as Commodity Broker in United Arab Emirates is 77 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 Commodity Broker in United Arab Emirates is 40 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 |
| Executive and Management |  -100% | |
| Account Coordinator | 12,900 AED | -3% |
| Account Director | 16,300 AED |  +22% |
| Account Executive | 16,200 AED | +22% |
| Account Manager | 15,400 AED | +16% |
| Administration Manager | 16,800 AED | +26% |
| Administration Officer | 8,530 AED | -36% |
| Administration Supervisor | 13,200 AED | -1% |
| Administrative Clerk | 6,040 AED | -55% |
| Administrative Officer | 5,770 AED | -57% |
| Area Director | 14,600 AED | +10% |
| Area Manager | 14,600 AED | +10% |
| Asset Protection Associate | 18,900 AED | +42% |
| Assistant Director | 16,600 AED | +25% |
| Assistant General Manager | 18,500 AED | +39% |
| Assistant Manager | 18,500 AED | +39% |
| Assistant Managing Director | 19,900 AED | +49% |
| Assistant Operations Manager | 19,700 AED | +48% |
| Assistant Project Manager | 17,000 AED | +28% |
| Assistant Section Head | 14,600 AED | +10% |
| Assistant to CEO | 16,500 AED | +24% |
| Assistant Vice President | 19,200 AED | +44% |
| Associate Account Director | 17,500 AED | +31% |
| Associate Director | 16,900 AED | +27% |
| Bid Manager | 19,900 AED | +49% |
| Branch Manager | 18,400 AED | +38% |
| Business Development Manager | 21,900 AED | +64% |
| Business Operations Associate | 17,900 AED | +34% |
| Business Operations Lead | 17,200 AED | +29% |
| Campaign Manager | 18,700 AED | +40% |
| Catering Coordinator | 10,300 AED | -23% |
| Catering Manager | 17,100 AED | +28% |
| CEO | 33,100 AED | +150% |
| Chairman of The Board | 32,700 AED | +150% |
| Chairman Office Manager | 21,600 AED | +62% |
| Chief Commercial Officer | 24,300 AED | +82% |
| Chief Corporate Officer | 26,000 AED | +95% |
| Chief Digital Officer | 24,700 AED | +85% |
| Chief Digital Strategy Officer | 23,400 AED | +76% |
| Chief Digital Transformation Officer | 22,400 AED | +68% |
| Chief Ethics Officer | 19,300 AED | +45% |
| Chief Executive Officer | 34,100 AED | +160% |
| Chief Financial Officer | 30,300 AED | +130% |
| Chief Investment Officer | 24,800 AED | +86% |
| Chief of Staff | 14,700 AED | +10% |
| Chief Operating Officer | 25,900 AED | +94% |
| Chief Privacy Officer | 20,400 AED | +53% |
| Chief Resilience Officer | 23,800 AED | +79% |
| Chief Risk Officer | 21,300 AED | +60% |
| Chief Strategy Officer | 29,000 AED | +120% |
| Chief Trust and Safety Officer | 20,800 AED | +56% |
| Client Account Manager | 20,100 AED | +51% |
| Client Accounts Officer | 17,100 AED | +28% |
| Client Services Manager | 21,200 AED | +59% |
| Commercial Director | 23,300 AED | +75% |
| Commercial Manager | 19,600 AED | +47% |
| Commercial Project Manager | 18,800 AED | +41% |
| Commodity Broker | 13,300 AED | -0% |
| COO | 25,200 AED | +89% |
| Corporate Affairs Executive | 19,300 AED | +45% |
| Corporate Compliance Director | 22,800 AED | +71% |
| Corporate Director | 22,400 AED | +68% |
| Corporate Officer | 14,900 AED | +12% |
| Corporate Partnerships Officer | 15,900 AED | +19% |
| Country Manager | 25,900 AED | +94% |
| Department Head | 20,100 AED | +51% |
| Department Manager | 20,600 AED | +55% |
| Department Supervisor | 18,100 AED | +36% |
| Deputy Director | 23,800 AED | +79% |
| Deputy Manager | 24,600 AED | +85% |
| Director | 25,700 AED | +93% |
| Director of Accreditation | 22,800 AED | +71% |
| Director of Catering Services | 18,900 AED | +42% |
| Director of Client Services | 22,400 AED | +68% |
| Director of Facilities Management | 17,700 AED | +33% |
| Director of Operations | 21,700 AED | +63% |
| Director of Process Simplification | 17,700 AED | +33% |
| Director of Product Management | 21,400 AED | +61% |
| Director of Project Management | 22,500 AED | +69% |
| Director of Revenue Management | 20,600 AED | +55% |
| Director of Training and Development | 22,200 AED | +67% |
| Distribution Manager | 22,200 AED | +67% |
| Division Manager | 19,000 AED | +43% |
| Duty Manager | 18,200 AED | +37% |
| Engagement Manager | 22,600 AED | +70% |
| Executive Director | 33,400 AED | +150% |
| Executive Manager | 27,000 AED | +100% |
| Franchise Manager | 29,700 AED | +120% |
| General Manager | 26,800 AED | +100% |
| Generational Consultant | 17,900 AED | +34% |
| Global Master Data Manager | 24,200 AED | +82% |
| Global Technical Lead | 15,300 AED | +15% |
| Head of Investment | 21,900 AED | +64% |
| Head of Middle Office | 20,400 AED | +53% |
| Head of Projects | 21,600 AED | +62% |
| Head of Strategy | 25,800 AED | +94% |
| Head of Supply Chain | 21,300 AED | +60% |
| Head of Sustainability | 18,100 AED | +36% |
| Housing Manager | 17,700 AED | +33% |
| HSE Manager | 18,000 AED | +35% |
| Innovation Manager | 19,700 AED | +48% |
| Key Account Manager | 18,300 AED | +37% |
| Knowledge Manager | 22,200 AED | +67% |
| Location Manager | 20,600 AED | +55% |
| Logistics Executive | 17,000 AED | +28% |
| Logistics Manager | 17,300 AED | +30% |
| Management Consultant | 18,200 AED | +37% |
| Management Executive | 24,900 AED | +87% |
| Manager | 23,400 AED | +76% |
| Managing Director | 26,400 AED | +98% |
| MIS Executive | 23,500 AED | +76% |
| Ocean Services Manager | 24,300 AED | +82% |
| Online Business Manager | 32,900 AED | +150% |
| Operational Manager | 22,900 AED | +72% |
| Operations Analyst | 19,900 AED | +49% |
| Operations Assistant | 15,500 AED | +16% |
| Operations Director | 24,300 AED | +82% |
| Operations Executive | 24,500 AED | +84% |
| Operations Manager | 24,400 AED | +83% |
| Operations Supervisor | 21,200 AED | +59% |
| Planning Director | 23,800 AED | +79% |
| PMO Manager | 21,700 AED | +63% |
| Policy Administration Executive | 18,800 AED | +41% |
| Private Sector Executive | 19,900 AED | +49% |
| Product Development Manager | 22,500 AED | +69% |
| Product Executive | 18,800 AED | +41% |
| Production Executive | 23,200 AED | +74% |
| Production Manager | 23,500 AED | +76% |
| Production Supervisor | 19,200 AED | +44% |
| Program Director | 22,900 AED | +72% |
| Program Manager | 23,200 AED | +74% |
| Programme Coordinator | 16,300 AED | +22% |
| Project Control Manager | 22,600 AED | +70% |
| Project Coordinator | 13,900 AED | +4% |
| Project Management Officer | 15,700 AED | +18% |
| Project Manager | 15,700 AED | +18% |
| Project Portfolio Manager | 18,400 AED | +38% |
| Quality Manager | 17,500 AED | +31% |
| R/D Director | 19,700 AED | +48% |
| Regional Director | 31,500 AED | +140% |
| Regional Manager | 23,300 AED | +75% |
| Relationship Manager | 22,900 AED | +72% |
| Retail District Manager | 14,700 AED | +10% |
| Revenue Manager | 18,300 AED | +37% |
| Risk and Capital Manager | 25,200 AED | +89% |
| Risk Officer | 16,800 AED | +26% |
| Safety Manager | 16,000 AED | +20% |
| Section Head | 17,500 AED | +31% |
| Service Manager | 17,300 AED | +30% |
| Shift Supervisor | 13,300 AED | -0% |
| Solutions Manager | 16,000 AED | +20% |
| Supervisor | 12,800 AED | -4% |
| Supply Chain Manager | 23,000 AED | +73% |
| Surveyor | 15,800 AED | +19% |
| Technical Director | 21,800 AED | +64% |
| Technical Manager | 21,800 AED | +64% |
| Territory Manager | 22,800 AED | +71% |
| Validation Manager | 18,300 AED | +37% |
| Vice President | 27,000 AED | +100% |
| Zone Manager | 23,700 AED | +78% |
Salary Comparison By City
| City | Average Salary |
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 Commodity Broker in United Arab Emirates?
A good and competitive compensation would range anywhere between 12,100 AED and 13,800 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 Commodity Broker in United Arab Emirates ranges from 6,930 AED to 10,100 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
