Below you will find a detailed breakdown based on many different criteria. Salaries vary drastically among different job categories. One major difference between salaried employees and hourly paid employees is overtime eligibility. Employees that support and facilitate the work of revenue generators. The figures mentioned above are good approximations and are considered to be the standard. Salary estimates are based on 13 salaries submitted anonymously to Glassdoor by Accountant employees. You can't really expect any salary increases during the study period, assuming you already have a job. The figures provided here are averages of numbers. Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. You can't really expect any salary increases during the study period, assuming you already have a job. Blogs, pictures, forum Bahrain on expat.com Do you want a Higher salary & a Better Job? The numbers become more significant if you consider one job title at a time. Less than $500 (3) $501 - $1000 (11) $1001 - $2000 (18) $2001 - $3000 (15) $3001 - $4000 (8) $4001 - $5000 (3) $5001 - $6000 (3) $10001 - $15000 (2) Companies within thriving industries tend to provide higher and more frequent raises. Usually jobs are classified into two categories: salaried jobs and hourly jobs. I'm a filipina, and certified public accountant with 4 years of working experience. Those figures should be taken as general guidelines. This is the average monthly salary including housing, transport, and other benefits. The median represents the middle salary value. The hourly wage is the salary paid in one worked hour. The community relies on everyone sharing â Add Anonymous Salary. Fund Accountant salaries vary drastically based on experience, skills, gender, or location. Salary variations differ from person to person. Example:A graphics designer working for a graphics designing company. Employees that are directly involved in generating revenue or profit for the organization. Example:A graphic designer in the marketing department of a hospital. People in top positions can easily get double or triple bonus rates than employees down the pyramid. Advanced 2019/20 Survey. Those who got bonuses reported rates ranging from 5% to 8% of their annual salary. The average salary for an Accountant in Bahrain is 3,514 BD. ... accountantâ¦ 21 High Paying Jobs That Don't Require a College Degree! Average salary in Bahrain is BHD 20,871 (US$ 55,394). The numbers seem to support the thoery. VIVA Bahrain. All Filters. Hourly jobs pay per worked hour. Salaries for specific roles in the market may vary from the estimates provided here, depending on the industry, type of employer, responsibilities of the role and the profile of the individual. Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience. Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma. Closely related to the median are two values: the 25th and the 75th percentiles. The hourly wage is the salary paid in one worked hour. Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. UAE; ... Cooperation Council states covered with an average monthly salary of $7,867. Register today to explore Assistant Accountant Vacancies in Bahrain in top companies with ï¸ Instant Job Alerts ï¸ Easy Apply. If you are interested in the salary of a particular job, see below for salaries for specific job titles. Many people pursue higher education as a tactic to switch into a higher paying job. Monthly Salary Reset. Salaries range from 570 BHD (lowest) to 1,610 BHD (highest).. A Bachelor's Degree gets its holder an average salary of 1,200 BHD per month, 32% more than someone with a Certificate or Diploma. Submit your salary information. Weâve identified nine states where the typical salary for an Accountant job is above the national average. Salaries for specific roles in the market may vary from the estimates provided here, depending on the industry, type of employer, responsibilities of the role and the profile of the individual. launch. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation. That is quite an investment. Find out about the accounting rules in Bahrain : accounting principles and standards: There is no local GAAP in Bahrain. "What gets measured gets improved." How to compare your salary. 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. 67% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 33% said that they received at least one form of monetary bonus. If you can afford the costs of higher education, the return on investment is definitely worth it. One major difference between salaried employees and hourly paid employees is overtime eligibility. When the education level is High School, the average salary of an Accountant is 810 BHD per month. 700. Monthly Salary Reset. Accounting Assistant salaries vary drastically based on experience, skills, gender, or location. The ideal candidate will have substantial exposure to monthly closing processes, forecasting and budgeting, and customer billing. If your wage is between the average and the median, then things can be a bit complicated. UAE; ... Cooperation Council states covered with an average monthly salary of $7,867. 25 Simple Ways to Reduce Bills and Save Money. 800. This is the total monthly salary including bonuses. In addition to a healthy salary and a wide range of career options, ACCA students can: use the ACCA letters after their name, receive accounting and finance knowledge, and gain valuable skills in management and strategy. Salary variations differ from person to person. Moving forward, an experience level between five and ten years lands a salary of 1,110 BHD per month, 32% more than someone with two to five years of experience. We wrote a guide to explain all about the different scenarios. Compare your salary with others to see more detailed information. 400. About Bayt.com. 500. If you are in entry level, the package will be 250 BHD to 350 BHD. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise. Accountant Salaries in Bahrain * Posted anonymously by employees. The average salary for an Accountant in Bahrain is 3,150 BD. Small and medium enterprises can use the IFRS for SMEs standard (a simplified version of the normal IFRS standards). Note: The salary estimates in this page are calculated using data provided by candidates registered on GulfTalent. Those who got bonuses reported rates ranging from 4% to 5% of their annual salary. Percentage increase and decrease are relative to the previous value. Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. These data are from our visitors surveys (09 individual salaries). Companies within thriving industries tend to provide higher and more frequent raises. So who gets paid more: men or women? Hi, It depends upon the company, as well as the experience of the employee. If you are in mid level, the package will be 350 BHD to 600 BHD. You should be able to recover the costs in roughly a year or so. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation. Salaries range from 570 BHD (lowest) to 1,610 BHD (highest). If the experience level is between fifteen and twenty years, then the expected wage is 1,450 BHD per month, 11% more than someone with ten to fifteen years of experience. We broke down Accountant salaries by education level in order to make a comparison. Accounting and Finance salaries in Bahrain range from 620 BHD per month (minimum average salary) to 3,060 BHD per month (maximum average salary, actual maximum is higher).