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13 Of The Best-Paying Jobs In Kenya

13 Of The Best-Paying Jobs In Kenya

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The Kenyan economy created 106,300 formal-sector jobs in 2014, a slowdown compared to the previous year when 134,300 new formal jobs came online — in other words, 20.8 percent fewer jobs.

This was the first slowdown in five years, exacerbated by added pressure on the labor market by the more-than 400,000 young Kenyans who graduated from college and started searching for employment, according to a BusinessDaily report.

The average annual salary in Kenya’s formal economy is 1,760,328 Kenyan shillings ($17,855). Some jobs pay better in Kenya than they do in the U.S.

Loan processors, for example, earn more than twice in Kenya what they make in the U.S. on average.

Check it out here: 13 of the best-paying jobs in Kenya based on data from survey respondents and users at SalaryExplorer.

Source: SalaryExplorer, BureauofLaborStatistics, SnagAJob, Wisegeek, Wiki, FreeAdvice, BusinessDaily,

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13. Compensation and Benefits Manager (Human Resources)

Human Resource compensation and benefits manager earn on average 6,000,000 KES ($60,904 USD) in Kenya.

Compensation managers coordinate, direct and plan how much — and how –an organization pays its employees. Benefits managers plan, direct, and coordinate retirement plans, health insurance, and other benefits that an organization offers. Compensation and benefits managers work in most industries. They typically work in offices and may work long hours. Workers need a combination of education and related work experience to become a compensation and benefits manager. Most jobs require at least a bachelor’s degree.

Kepha Ngito, executive director of Map Kibera, Nairobi, Kenya. Photo: Cafod/mapgive.state.gov
Kepha Ngito, executive director of Map Kibera, Nairobi, Kenya. Photo: Cafod/mapgive.state.gov

12. Director (Executive and Management)

Executive and management directors earn on average 6,000,000 KES to 6,633,333 KES ($60,904 to $67,333USD) in Kenya.

Top executives devise strategies and policies to ensure that an organization meets its goals. They plan, direct, and coordinate operational activities of companies and organizations.

Top executives work in nearly every industry. They work for large and small businesses, ranging from one-person companies to firms with thousands of employees. Top executives often work nights and weekends. In 2012, about half worked more than 40 hours per week. Travel is common, particularly for CEOs.

Although education and training requirements vary widely by position and industry, many top executives have at least a bachelor’s degree and considerable work experience.

Thinkstock
Thinkstock

11. Lecturer (Teaching and Education)

Lecturers earn on average 6,000,000 KES ($60,904 USD) in Kenya.

Among other, they teach courses that may pertain to education such as counseling, curriculum, guidance, instruction and teacher education. This includes teachers primarily engaged in teaching and those who do a combination of teaching and research.

1africa.tv
1africa.tv

10. Senior Project Manager (Telecommunication)

Senior telecommunications project managers earn on average 6,000,000 KES ($60,904 USD) in Kenya.

They are responsible for planning, developing, executing and managing all aspects of complex projects. They provide leadership and direction, ensuring overall progress of assigned projects from inception to implementation.
They manage schedules, prioritize projects, and ensure adequate resources are available.

sb10066272p-001 Senior businessman speaking into microphone, rear view CFO
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9. Chief Financial Officer (CFO) Executive and Management

Executive and management CFOs earn on average 6,546,000 KES ($66,447 USD) in Kenya.

Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization.

Financial managers work in many industries including banks and insurance companies. Most work long hours.

Financial managers typically have a bachelor’s degree and five years or more of experience in another business or financial occupation.

Getty
Getty

8. Financial Director (Accounting and Finance)

Financial directors in accounting and finance earn on average 7,640,000 KES ($77,552) in Kenya.

They plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

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7. Senior Consultant (Telecommunication)

Senior telecommunications consultants earn on average 7,800,000 KES ($79,176) in Kenya.

A senior telecommunications consultant is in charge of network architecture and operations, telecommunications infrastructure design and development, network support and services, technology integration, and network capacity planning for voice, data and video communications.

The senior telecommunications specialist evaluates, implements, coordinates and supports the installation and maintenance of existing and emerging telecommunications technologies.

 

blog.myc4.com
blog.myc4.com

6. Loan Processor (Banking)

Banking loan processors earn on average 8,880,000 KES ($90,139) in Kenya.

Once a loan is originated by the mortgage broker or loan officer, the corresponding paperwork is sent along to a loan processor. The loan processor is responsible for prepping and organizing the file and getting it over to the bank or mortgage lender for approval. Loan processors collect and verify an applicant’s personal information and financial records for the loan, pull together and prepare loan documents that are passed on at the closing of the loan, and generally keep the records in order for this financial transaction. Loan processors in Kenya earn more than twice what they make in the U.S. on average. The U.S. national average is $41,453.

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5. Regional Director (Executive and Management)

Executive and management regional directors earn on average 9,600,000 KES ($97,447) in Kenya.

A regional director oversees the operations of a major company in a certain geographic area. Sometimes a regional director may sit on a corporation’s board of directors, but mostly firms use the term “director” to distinguish senior management from site or departmental supervisors. Regional directors usually have some autonomy. They are ultimately responsible for revenue generated within their designated area of responsibility.

A regional director may report to the CEO, chairman or president.

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4. Key Account Manager (Executive and Management)

A key account manager earns on average 11,500,000 KES ($116,645) in Kenya.

Key account manager is assigned to a company headquarters to oversee the account team assigned to a particular account. Key account management includes sales but also includes planning and managing the full relationship between a business and its most important customers.

456580699 Businesswoman talking on phone & watching skyline Getty
Getty

3. Enterprise Architecture Manager (Information Technology)

In information technology, enterprise architecture managers earn on average 14,000,000 KES ($142,111) in Kenya.

Enterprise architecture managers structure complex IT systems in terms of their business, application, information, and technical layers, and reform programs through the planning process as strategic business demands, and as standards and guidelines for the development of local solutions and service offers.

Getty
Getty

2. Director of Accreditation (Executive and Management)

Directors of accreditation earn on average 14,400,000 KES ($146,171) in Kenya.

Organizations such as universities that issue credentials or certify third parties against official standards are themselves formally accredited by accreditation bodies sometimes known as “accredited certification bodies.” The accreditation process ensures that certification practices are acceptable, typically meaning that they are competent to test and certify third parties, behave ethically and employ suitable quality assurance.

Source: wiki

78164837 (1) Businesswoman presenting corporate director Getty
Getty

1. Corporate Director (Executive and Management)

The No. 1 best paying job in Kenya, executive and management corporate directors earn on average 18,000,000 KES ($182,575).

A board of directors is a body of elected or appointed members who jointly oversee the activities of a company. While their duties are outlined in the corporate bylaws, their main responsibility is to act on behalf of shareholders. Typical duties of the board of directors include governing the organization by establishing its mission, policies and objectives; selecting, appointing, supporting and reviewing the officers; approving annual budgets; and accounting to the shareholders for the corporation’s performance.

The CEO or president acts under the direction of the board of directors. He or she is responsible for the overall day-to-day activities of the corporation. The CEO typically signs major contracts and approves business arrangements, stock offerings and other legal documents.

Source: FreeAdvice