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Salary data for country: Maldives
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Insurance

Salary for position Department Manager in Maldives

Gross salary in Maldives is
An employee's salary is influenced by several factors, primarily the region in which they work, length of experience, company size, and more.
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80% of people earn:
213K - 637K MVR
10% earn less lthan 213K MVR
10% earns more than 637K MVR

Salaries in the survey are expressed in gross.

Based on the Paylab.com salary survey, 80% of people on the Department Manager position in the Maldives earn between 212,916 MVR and 637,296 MVR annually gross.

10% of employees earn less than 212,916 MVR and 10% of people earn more than 637,296 MVR.

The survey is based on data from employees, cleaned of extreme and duplicate values. By taking a free, anonymous survey, you will get a more accurate salary comparison with other people working in the same position as you.

What kind of work does Department Manager typically do

  • Lead and manage the Assurance department to ensure operational excellence and achievement of organizational goals.
  • Oversee the planning, execution, and delivery of assurance services, ensuring compliance with international standards and company policies.
  • Develop and implement strategies to enhance the effectiveness and efficiency of assurance processes.
  • Supervise, mentor, and evaluate team members, fostering professional growth and high performance.
  • Collaborate with cross-functional teams to address client needs and deliver tailored assurance solutions.
  • Monitor industry trends and regulatory changes to ensure the department's services remain competitive and compliant.
  • Prepare and present reports on departmental performance, key metrics, and areas for improvement to senior management.
  • Establish and maintain strong relationships with clients, ensuring high levels of satisfaction and trust.
  • Identify opportunities for business development and contribute to the growth of the Assurance department.
  • Manage departmental budgets, resources, and schedules to optimize productivity and cost-effectiveness.
  • Ensure the implementation of risk management practices and uphold the highest standards of quality and integrity.
  • Represent the department in internal and external meetings, promoting the organization's values and mission.

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The most common career path of an employee

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Position Department Manager in the labour market

In the salary ranking,
the job position takes

81. place

Women representation in position

n/a

Average age of respondent by position

n/a

703. place

Nursery School Teacher Assistant

Education, Science & Research

Salary group 1

78,000 - 179,796 MVR

82. place

Quality Control/ISO Manager

Top Management

Salary group 2

171,780 - 690,120 MVR

81. place

Department Manager

Insurance

Salary group 2

212,916 - 637,296 MVR

80. place

Project Manager

Construction & Real Estate

Salary group 2

228,562 - 619,060 MVR

1. place

Chief Executive Officer

Top Management

Salary group 3

358,452 - 1,623,864 MVR

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Frequently asked Questions

Frequently asked questions and answers about the salary for the position Department Manager.

The total gross salary for the position Department Manager ranges between 15,031 MVR and 90,066 MVR per month. For an accurate comparison, we recommend checking your salary through the questionnaire on Paylab.com to get a more precise view of the salary, considering the region where you work.

The highest-earning employees in the position Department Manager have a total gross salary of at least 53,108 MVR per month.

10% of the highest-earning employees in this position have a total gross salary higher than 53,108 MVR per month, and 10% of the lowest-earning employees in this position have a total gross salary lower than 17,743 MVR per month. By participating in our salary survey, you will get an accurate comparison of your salary with the market average, considering the region where you work.

After working for 5 years, the position Department Manager earns 37,962 MVR per month gross.

You need to be well prepared for salary negotiations. During salary negotiation, we recommend focusing on the following aspects:
  • find out the current market value of the position – on Paylab.com you can check it for free and anonymously
  • highlight your experience and achievements – it is good to time the salary discussion well
  • expanded responsibilities – if you work beyond your role and assigned duties
  • prepare alternatives – if a salary increase is not possible, there are other options (bonuses, extra vacation, etc.)

The salary data comes from a pay survey where everyone can anonymously compare their salary with other employees working in the same position. We clean and process this data according to our methodology. For the position Department Manager, we currently have less than 20 verified respondents collected.