Parastatals are those state corporations or public corporations which the government fully controls. Full control by the government means that the government owns more than 95% of the total share capital.
Consequently, the parastatals have lots of money; some pay less while some pay more. ‘Less’ here is relative and it’s not the less of other occupations. Parastatals are generally among the top paying institutions in Kenya. OMGDiary team has done forensic research and is hereby presenting salaries scales of top paying parastatals in Kenya.
National Security & Intelligent Service (NIS)
This is among the top paying state corporations in Kenya. A newbie earns close to Ksh. 119,000 to Ksh. 165,000. The average salary of this parastal per employee hits at Ksh. 183,000. If you want to know more about how to register to their portal, use this link to my previous article and submit your profile and credentials so that you’re on alerts to new job openings.
Central Bank of Kenya
Here comes another government institution which has hefty pays for their employees. A fresh graduate in CBK pockets around Ksh. 150,000 while a manager in senior position gets more than Ksh. 600,000. Average salary of employees in this body is about Ksh. 200,000.
Nairobi Securities Exchange
This body deals with investments thus playing as an epicenter role in buying of shares and investments. Prices of shares of listed companies can be obtained from Nairobi Stock exchange. Salaries are hefty at NSE. A junior employee who is employed as an actuary pockets around Ksh 165,000 per month though this varies according to the qualifications. Senior employees pocket more than Ksh. 300,000.
Kenya Airports Authority
This is another government body that pays their employees handsomely. This parastatal deals in managing airstrips and airports in Kenya. Graduate trainees earn a starting salary of between Ksh. 130,000 to Ksh. 150,000. This is the kind of salary that can make you invest in various areas if you are a good finance manager. In fact, most employees in Kenya Airports Authority earn over Ksh. 181,000.
KenGen deals in power generation. Major skills and abilities required at KenGen include electrical engineering, oil and gas engineering, mechanical engineering, customer service, procurement and purchasing, civil engineering and sales and marketing. A fresh graduate trainee at KenGen earns Ksh.145,000 to Ksh. 180,000. Seniors earn between Ksh. 450,000 to Ksh.650,000. Other allowances shoot these salaries upwards up to even Ksh.1.3 million.
Kenya Power and Lighting Company
Kenya power is another public corporation in the Kenyan energy sector. It’s responsible for generation of electricity both for domestic and industrial uses. A graduate trainee engineer at Kenya Power earns Ksh.130,000 to Ksh.160,000 while a secretary earns between Ksh. 60,000 to Ksh.120,000. If you are studying Electrical Engineering, kudos! Complete your studies and keep knocking KPLC offices for hefty pays.
Ethics and Anti-Corruption Commission
This parastatal plays a key role to ethics in the public and private sector. This is also a body that wants to serve as an example for the other parastatals to emulate. This body tries as much as possible to play their cards well as far as public reputation is concerned. Due to its sensitive position, its employees earn attractive remuneration so as to encourage them. A newbie or fresh graduate earns between Ksh. 120,000 to Ksh. 144,000. Senior employees pocket huge sums of money as basic pay ranging between Ksh. 350,000 to Ksh 650,000.
Kenya Revenue Authority
This is yet another government institution whose workers are well enumerated. KRA rarely advertises its jobs but once you manage to secure a job in KRA as afresh graduate trainee, be sure to pocket a salary between Ksh.120,000 to Ksh.165,000. Senior positions earn employees at least Ksh. 450,000.
Communication Authority of Kenya
Communication Authority of Kenya is also another well-paying institution you should think of knocking their offices. No matter the position you are in in the institution, you will definitely get a good pay. The lowest paid graduate, a fresh graduate earns something between Ksh 130,000 to Ksh. 150,000.
National Environmental Management Authority (NEMA)
This institution deals with the environmental matters such as pollution and conservation of the environment at large. Fresh graduates in NEMA pocket about Ksh. 80,000. Senior employees pocket up to Ksh. 500,000.