Highest Paying Jobs in Kenya - Economic Survey 2018

  • By Miriam Musyoki on Thursday, 26 April 2018 - 3:59pm
    money makers
    File image of a bank attendant with a client in Kenya courtesy
  • Kenya National Bureau of Statistics (KNBS) Economic Survey 2018 has revealed that the highest paid employees in Kenya work in the Finance and Insurance sector.

    According to the survey, the finance industry employees on average earned Ksh1,759,562 annually in the private sector while in the public sector they earned Ksh1,703,860 every year.

    The annual remissions were only rivaled by the amount earned by those employed by the extraterritorial bodies which stood at Ksh3,170,786.

    "File

    The transport and storage industry came in second in the public sector where employees earned Ksh1,627,290 while in the private sector the electricity, gas, steam and air conditioning industry recorded an average income per employee of Ksh1,613,312.

    On the flip side, employees who earned the least in the private sector were those involved in activities of households as employers; undifferentiated goods and services-producing activities of households for own use at Ksh233,630.

    In the public sector, the mining and quarrying industry recorded the lowest earnings where workers annually earned Ksh406,454.

    The Economy Survey 2018 also highlighted a 7.6 percent increase in the number of new jobs created in 2017 from 832,900 in 2016 to 897,000. A bulk of these jobs, 747,000 in all, were created in the informal sector.

    KNBS Director General Zachary Mwangi also noted that the education sector (Teachers' Service Commission) in the modern category had emerged as the leading employer.

    "We noted that education, agriculture, fisheries and manufacturing continued to be leading employers in the modern sector with education accounting for 20.7 percent of employment in the sector," he stated.

    He also noted: "The growth in the period under review was largely drive by the service-oriented sectors as key sectors of the economy such as agriculture and manufacturing recorded a deceleration."

    Here is the tabulated average income per employee courtesy of KNBS.

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