Average monthly salaries of CMA employees rose 7% in 2015

14/04/2016 Argaam

The average monthly salary of those employed at the Capital Market Authority (CMA) reached around SAR 35,000, up by 7 percent year-on-year, data compiled by Argaam showed.

 

The banking sector’s employees get SAR 19,000 per month on average, 82 percent lower than the monthly salaries of CMA employees.

 

The average monthly income of CEOs in Saudi banks reached SAR 221,000, while the average monthly salary of those employed in asset management and monitoring units reached SAR 35,800 and SAR 28,300 respectively.

 

Employees of other categories earn SAR 15,000 monthly on average.

 

CMA Employees Salary (SAR/employee)

Item

2014

2015

Change

Average monthly salaries

18,162

18,160

--

Average monthly benefits

9,798

9,786

--

Average monthly remunerations

4,741

7,060

+49%

Average monthly income

32,701

35,006

+7%

 

The CMA has 638 employees at the end of 2015, including 266 BA degree holders, and 224 masters’ holders.

 

Classification based on education

Degree

Number

Percentage/total

High school & below

77

12.1%

Diploma

66

10.3%

Bachelor

266

41.7%

Post-high school diploma/ Master

224

35.1%

BHD

5

0.8%

Total

638

100.0%

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