KCB Bank IT Project Managers oversee critical technology projects, ensuring the successful implementation of IT solutions that align with the bank’s strategic goals. Their compensation in 2024 reflects the technical expertise and leadership required for this role.
Basic Salary
The monthly basic salary for a KCB Bank IT Project Manager depends on experience, qualifications, and the scope of the projects they manage:
Mid-Level IT Project Managers: Earn between KES 250,000 and KES 400,000.
Senior IT Project Managers: With extensive experience, they earn between KES 400,000 and KES 600,000.
Allowances
IT Project Managers receive various allowances to supplement their earnings:
Housing Allowance:
This ranges from KES 30,000 to KES 70,000, depending on the manager’s grade and location.
Transport Allowance:
A monthly allowance of KES 20,000 to KES 50,000 is provided, or a company car may be offered for official duties.
Communication Allowance:
IT Project Managers receive a communication allowance of KES 5,000 to KES 15,000 per month to support remote and on-site coordination.
Performance Bonuses:
Annual bonuses tied to the successful delivery of IT projects can range between KES 200,000 and KES 1,000,000, depending on project impact and complexity.
Medical Benefits:
Comprehensive health insurance covers inpatient and outpatient care for the manager and their immediate family.
Other Benefits
Pension Contributions: Participation in a contributory pension scheme.
Professional Development: Sponsorship for certifications like PMP, PRINCE2, and Agile.
Leave Allowances: Paid annual leave with allowances for travel.
Total Monthly Compensation
Including allowances, KCB Bank IT Project Managers earn between KES 300,000 and KES 700,000, reflecting the critical nature of their role in driving the bank’s technological advancements.