Financial Crime World

Eritrea: Compliance Officer Responsibilities Revealed

Salary Insights for Compliance Officers in Eritrea

According to recent data, the average monthly salary for a Compliance Officer in Eritrea is around $1,500, translating to an annual salary of $17,700. However, salaries vary widely, with the lowest average salary coming in at $1,300 and the highest at $1,700.

Salary Distribution

  • Nearly three-quarters (75%) of Compliance Officers in Eritrea earn less than $1,500 per month.
  • Half of them earn less than $1,100 per month.
  • The remaining quarter earn less than $780 per month.

Minimum Wage and Median Salary

  • The minimum wage for entry-level positions is set at $1,300, making it crucial for job seekers and employers alike to understand these figures.
  • The median salary for Compliance Officers in Eritrea stands at $1,200, providing a more balanced view of income distribution.

Salary Range

The salary range for the position varies between $1,300 and $1,700, giving an idea of the scope of potential earnings.

Breakdown of Salaries

  • Approximately 75% of employees earn less than $4,800 per year.
  • Half of them earn less than $1,100, while the remaining quarter earn less than $780.

Conclusion

These figures provide valuable insights into the earning potential of Compliance Officers in Eritrea, helping professionals and employers alike make informed decisions about their careers and hiring practices.