Morocco presents outsourcing opportunities with its competitive labor costs, strong language skills, and favorable time zone for European clients.
The average salary in Morocco is around 19,485 MAD per month, equivalent to 1933.55 USD.
In this article, we explore the average salaries in Morocco, minimum wage, median and maximum salaries, and outsourcing benefits in Morocco.
Table of Contents
Average Salary in Morocco
According to the Morocco Ministry of Economy and Finance, the average monthly salary in Morocco is around 19,485 MAD per month, equivalent to 1933.55 USD.
The average annual salary in Morocco is 233,998 MAD, approximately 23220.27 USD.
The average hourly wage in Morocco is 108 MAD, equivalent to 10.72 USD.
Minimum Wage in Morocco
According to the Morocco Ministry of Labor and Vocational Integration, the minimum wage in Morocco is nearly 4,900 MAD, equivalent to 486.24 USD.
In Morocco, the minimum salary is the lowest amount that employers are legally required to pay their employees. The government sets minimum wage to make sure workers get paid fairly for their work and can meet their most basic living expenses.
Median Salary and Maximum Salary
According to Salary Explorer, the median salary in Morocco is 16,790 MAD, corresponding to 1666.12 USD.
The maximum salary in Morocco is 86,685 MAD, approximately 8601.99 USD.
Factors Influencing Average Salary in Morocco
When talking about the average salaries in Morocco, many things may affect the amount of money a person receives. These factors include the educational level, the industry in which individuals work, their length of experience, and the particular city or area where they reside in Morocco.
Knowing these factors is crucial for both employees and employers, as they need to assess and negotiate fair salaries.
Education
The salaries of professionals at the same level and with different degree levels in Accounting and Finance in Morocco, as shown below:
Workers with a certificate or diploma earn on average 17% more compared to their colleagues who only finished secondary school.
Workers with a Bachelor’s Degree earn 24% more than those who stopped at the level of certificate or diploma.
The earnings of those who hold a Master’s Degree are approximately 29% more than those with a Bachelor’s Degree.
Lastly, the employees with PhDs typically earn on average 23 % more than those who hold a Master’s Degree for the same job.
Gender
Even though it’s fair for everyone to get equal pay, the reality is different. In Morocco’s Accounting and Finance sector, men usually earn around 14% more on average than women.
| Gender | Average Salary in MKD |
|---|---|
| Male | 21,700 |
| Female | 18,900 |
Source: Salary Explorer
Industry
Here is a list of average salaries in Morocco based on industry:
| Industry | Average Salary (per month) in MAD | Average Salary (per month) in USD |
|---|---|---|
| Information Technology | 20,000 | 1984.66 |
| Marketing | 21,900 | 2173.20 |
| Sales Retail and Whole Sale | 21,500 | 2173.20 |
| Science and Technical Services | 25,300 | 2510.59 |
| Accounting and Finance | 20,100 | 1994.58 |
Source: Salary Explorer
City
| City | Average Salary in MAD |
|---|---|
| Agadir | 17,800 |
| Casablanca | 22,000 |
| Marrakech | 20,500 |
| Rabat | 19,400 |
| Tangier | 21,600 |
Source: Salary Explorer
Outsourcing Benefits in Morocco
The benefits of outsourcing in Morocco are provided below:
Competitive Labor Costs
In Morocco, labor is cheaper than in other countries where well-known companies do their tasks by outsourcing. It helps companies to reduce their cost and at the same time use their resources optimally.
When labor in Morocco is cheap, companies have an opportunity to hire skilled workers without spending a lot of money. This gives a reason for a Moroccan company to manage a job.
Stable Political Environment
Morocco has a good political structure, so anything goes without worrying about political situations. This reduces the possibility of technical issues that may lead to business interruptions.
Business laws and rules of Morocco are fair and accurate. Therefore, it is easy to run a business. Such clarity avoids the confusion of business and enables it to concentrate on its work.
Enhanced Efficiency
Companies may be able to outsource their work to Morocco to hire people who possess the proficient skills needed for specialized tasks. It is an advantage that enables businesses to operate at a higher speed.
Moroccan employees are familiar with different cultures and speak several languages. Hence, communication does not represent a problem for companies that are outsourcing work to Morocco. This helps in making the teamwork more flexible and adaptable.
Global Competitiveness
Outsourcing work to Morocco helps a company to reduce its operational costs and to compete favorably with other worldwide businesses. This enables them to stay ahead of the competition.
Outsourcing additionally enables companies to expand into new markets and grow the business. The access to the skilled workforce and new ideas will contribute to the growth of the new companies.
Why the Time Champ Software Useful for Outsourcing in Morocco?
Employee Productivity Monitoring
As a Time Champ user, you can manage your workforce productively, guaranteeing tasks are completed promptly and effectively. Tracking of key performance indicators and activity levels in outsourcing companies helps to identify the areas of improvement and streamline the workflow processes to maximize productivity.
Project Management
The software takes care of the project management process, enabling outsourcing organizations to allocate tasks, monitor progress, and manage projects efficiently. Time Champ is a project management software solution that assists the team through some features for simultaneous project completion within budget and on time.
Automated Attendance and Task Tracking
Time Champ automates attendance tracking which ensures the accuracy in recording working hours, while also giving task tracking a boost to track task completion and workflow efficiency. Through automating these processes, outsourcing companies can reduce administrative overload and dedicate their attention to the main business operations that are essential in obtaining better operational efficiency.
Insightful Reports
The software provides a detailed productivity report, which includes many valuable insights on what employees can do better and what they should change. The reports that these companies supply offer them actionable data that can be used to inform the decision-making process and effectively reallocate resources for maximum efficiency and effectiveness.
HR Management and Compliance
Time Champ incorporates modules for HR management functions like managing leave and employee onboarding to facilitate process compliance and HR operations most efficiently. Outsourcing firms can provide data in the form of reports such as leave balance and compliance tracking to guarantee compliance with labor regulations and maintain a productive and compliant workforce.
Conclusion and Final Thoughts
In conclusion, outsourcing in Morocco offers low labor costs, a stable political environment, and enhanced efficiency.
The combination of Morocco’s outsourcing benefits and Time Champ’s productivity tools offers a great opportunity for businesses to improve efficiency and succeed in today’s competitive market.
Ready to see Time Champ in action? Schedule a free demo of Time Champ today and discover how our software can boost your team’s productivity!
Also Read
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What is the Average Salary in Egypt? and Recent Trend Analysis
How to Manage a Remote Team Working across Different Time Zones?
FAQ’s
The average monthly salary in Morocco is around 19,485 MAD, equivalent to 1933.55 USD.
The minimum wage in Morocco is nearly 4,900 MAD, equivalent to 486.24 USD. It is the lowest amount legally required for employers to pay their employees.
Several factors influence the average salary in Morocco, including education level, industry, gender, and location.
Outsourcing in Morocco offers competitive labor costs, a stable political environment, enhanced efficiency, and global competitiveness.
Time Champ software helps in productivity monitoring, project management, automated attendance, task tracking, insightful reporting, and HR management and compliance.
You can schedule a free demo of Time Champ by visiting our website and filling out the demo request form. Our team will get in touch with you to arrange the demo at your convenience.
Yes, outsourcing work to Morocco can be advantageous due to its competitive labor costs, skilled workforce, and favorable business environment.
Yes, Time Champ software can be customized to meet the specific needs and requirements of your business. Our team can work with you to tailor the software to your unique workflow and processes.