Employees in international organisations and foreign monetary agencies dominated the list of the highest-paid workers in Kenya for the year 2022.
The latest Economic Survey Report 2023 published by the Kenya National Bureau of Statistics (KNBS) detailed the highest paying jobs within public and private sectors.
Overall, employees in foreign agencies earned an annual average salary of Ksh3.9 million. This translated to a monthly salary of Ksh325,348.
In the public sector, accommodation and food services recorded an annual average salary of Ksh2.6 million (Ksh216,600 monthly) for employees.
Transportation and Storage in the public sector rounded up the top three list with a yearly salary of Ksh2,258,809 (Ksh188,234). Employees from the electrical, gas and air conditioning were earning Ksh2,188,153 (Ksh182,346 monthly).
Workers drawn from the financial and insurance industry in both private and public sectors followed with Ksh2,179,415 (Ksh181,617) and Ksh2,112,415 (Ksh176,034 monthly) respectively.
Kenyans doing administrative and support services in the private sector earned an average of Ksh1,811,601 (Ksh150,966 monthly).
Notably, employees in the Human Health and Social Work sector earned an average of Ksh1,811,187 (Ksh150,932 monthly).
The final two spots which rounded up the top ten list were drawn from the private sector as workers in the transportation sector earned Ksh1,622,564 (Ksh135,213 monthly) and employees in the professional, scientific and technical activities got Ksh1,571,334 (Ksh130,944 monthly).
"Real average earnings were analysed to present the effects of inflationary pressures on workers’ earnings over a period. These earnings were calculated by deflating the average earnings using the inflation rates," read an excerpt from the report.
By December 2022, Kenya had an annual average Inflation rate of 7.66. The current rate stands at 8.59 by March 2023, according to data from the Central Bank of Kenya (CBK).
Overall, annual average earnings in the modern sector grew by 4.6 per cent in 2022 compared to 2.3 per cent in 2021. The annual average earnings in the private sector increased by 5.6 per cent in 2022, compared to an increase of 2.2 per cent in the previous year.
