highest salary in ethiopia

4,562,799 ETB, 4,562,900 ETB - Percentage increase and decrease are relative to the previous value, Facebook: https://www.facebook.com/ethiopianstoday, Twitter: https://twitter.com/ethiopianstoday, Instagram: https://www.instagram.com/ethiopianstoday1, Pinterest: https://www.pinterest.com/ethiopianstoday, YouTube: https://www.youtube.com/channel/UC8CrAEUV9Buhu1qaKgptscQ, Google News: https://news.google.com/publications/CAAqBwgKMMf5qQswuYTCAw, I am freelancer and Editor at ETHIOPIANS TODAY website. 10,736,099 ETB, 10,736,200 ETB - Highest-Paying Jobs for MS in CS Graduates. Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma. The most standard form of bonus where the employee is awarded based on their exceptional performance. The BLS reports the median annual pay for electrical engineers was $98,530 in 2019, although earners in the top 10th percentile reported annual earnings of more than $155,880. Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job. Reading from the salary distribution diagram, 25% of the population are earning less than 5,100 ETB while 75% of them are earning more than 5,100 ETB. * Based on the average change in salary over time. Product Manager - $100,000. How to compare your salary. The figures mentioned above are good approximations and are considered to be the standard. People in this job with 0 years of work experience earn the highest salary: between ETB4,911 and ETB9,914 per month. Airlines / Aviation / Aerospace / Defense, Media / Broadcasting / Arts / Entertainment. Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job. . $44,375. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary. The hourly wage is the salary paid in one worked hour. Lives in Ethiopia 5 y The highest paid posts are : Managers of beverage companies: Brewery and soft drink companies' managers. Fabric Cutter Textile, Leather, Apparel Industry, 13. Ethiopia - Flowers - Data Visual Ethiopia : Changes . Based on education, the highest salaries receive people with Masters Degree with salary of 1,197,086 ETB. Ethiopia - President. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle. Both are indicators. The amount of the bonus will probably be different from person to person depending on their role within the organization. Banking is considered to be a high bonus-based field due to the generally limited involvement in direct revenue generation, with exceptions of course. If you are interested in the salary of a particular job, see below for salaries for specific job titles. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. 805,199 ETB, 805,200 ETB - Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. Salaried employees are usually exempt from overtime as opposed to hourly paid staff. Instagram: https://www.intagram.com/caalaadd Since 2000, when Ethiopia had one of the highest poverty rates in . This is the average monthly salary including housing, transport, and other benefits. Employees that are directly involved in generating revenue or profit for the organization. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned. Semhal Kahsay is blogger at YEGDaily and a 3rd year accounting Student at NAIT, and shes looking forward to pursuing her CPA after graduation. The median represents the middle salary value. All rights reserved! If your salary is higher than both of the average and the median then you are doing very well. College professors are among the top-earning and most prestigious careers. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation. This is evident from research conducted by Mywage.org/Ethiopia, in 2023. https://mywage.org/ethiopia/salary/salary-reports/highest-salary-production-clerks-at-25-years-of-experience-etb4-217-to-etb9-993-per-month, https://mywage.org/ethiopia/@@site-logo/wageindicator.png, Data Visual : Compliance and Changes in Factories, Ethiopia - Garment - Data Visual Covid-19 Impact, Ethiopia - Flowers - Data Visual Ethiopia : Changes in Farms, Ethiopia - Flowers - Data Visual Covid-19 Impact. Where can you get paid more, working for a private company or for the government? Based on education, the highest salaries receive . It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? Women receive a salary of 880,368 ETB. Surgeon National average salary: $216,248 per year 6. You deserve a salary increment but you are not sure how to ask.Check our 25 sample Salary Increase Request emails. You deserve a salary increment but you are not sure how to ask.Check our 25 sample Salary Increase Request emails, 25 Simple Ways to Reduce Bills and Save Money. As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark. Public sector employees in Ethiopia earn 14% more than their private sector counterparts on average across all sectors. Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. 21 High Paying Jobs That Don't Require a College Degree! 3,757,599 ETB, 3,757,700 ETB - Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level. People tend to confuse bonuses with commissions. Psychiatrist National average salary: $224,577 per year 5. IT tester - automated tests Information Technology, 19. This is a list of salaries of heads of state and government per year, showing heads of state and heads of government where different, mainly in parliamentary systems. How to compare your salary. Top 10 coolest jobs that you can actually have! Women receive a salary of 880,368 ETB. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). Male employees in Ethiopia earn 11% more than their female counterparts on avergae across all sectors. Commercial Bank of Ethiopia 8.9 billion Ethiopian Birr (242 million USD) The Commercial Bank of Ethiopia or CBE is the largest bank in Ethiopia. Granted upon achieving an important goal or milestone. 53,700 ETB - Ethiopia inflation rate for 2019 was 15.81%, a 1.98% increase from 2018. 11,272,999 ETB, 11,273,000 ETB - 12,346,599 ETB, 12,346,600 ETB - Their expertise is usually different from that of the core business operations. In most cases, workers report that the majority of their coworkers are female. Additionally you can contact us through the contact page of www.ethiopianstoday.com. . 1,300 USD Your salary 1,250 USD Our database contains 475,732 approved salary profiles from the last 12 months. The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. They are directly responsible for generating business and they are well paid for that reason. Poverty in Ethiopia fell from 44 percent in 2000 to 30 percent in 2011. It could be difficult to land the dream job that right from the start as graduates need to build their experience and resume. $45,042. Salaries vary drastically between different Banking careers. Salaries range from4,520 ETB(lowest average) to17,200 ETB(highest average, actual maximum salary is higher). Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. How much money does a person working in Teaching / Education make in Ethiopia? Salaries range from 2,250 ETB (lowest average) to 39,700 ETB (highest average, actual maximum salary is higher). Salary Check; Salary Survey. 3,042 1 1 gold badge 19 19 silver badges 27 27 bronze badges. Visit PayScale to research Usaid salaries, bonuses, reviews, benefits, and more! 6,710,099 ETB, 6,710,100 ETB - So who gets paid more: men or women? 7,246,899 ETB, 7,246,900 ETB - How to compare your salary. CEOs are primarily responsible for the success or failure of complete organizations. Head of the Legal Department Management, List of the worst-paid positions and their average monthly salary in Ethiopia (ETB), 1. Advertising. 21 High Paying Jobs That Don't Require a College Degree! 1,073,599 ETB, 1,073,600 ETB - Highest salary for secretaries with 0 years of experience: ETB4,911 to ETB9,914 per month. Their field of expertise usually matches the type of business. PAYLAB is a member of the Alma Media group, Average gross monthly salary by survey (in ETB), Have you updated your browser and still have a problem? National Bank of Ethiopia. Nursery School Teacher Assistant Education, Science & Research, 3. 6,978,499 ETB, 6,978,500 ETB - Public sector employees in Ethiopia earn 14% more than their private sector counterparts on average across all sectors. The gross salary range for people working in Ethiopia is typically from 4,062 ETB (minimum salary) to 15,189 ETB (highest average, actual maximum salary is higher). 9,125,699 ETB, 9,125,800 ETB - Highest Education Level Citizenship(s) Citizenship(s) Check/Uncheck All. If your wage is between the average and the median, then things can be a bit complicated. 6,441,699 ETB, 6,441,700 ETB - This is the average monthly salary including housing, transport, and other benefits. Twitter https://www.twitter.com/caalaadd Salaries range from 4,520 ETB (lowest average) to 17,200 ETB (highest average, actual maximum salary is higher). 1997-2023 Profesia. The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase. ). 536,799 ETB, 536,800 ETB - . 18,788,399 ETB. Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. Since starting their first job, 41% of workers have worked 5-10 years. Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience. Though gender should not have an effect on pay, in reality, it does. This is the average monthly salary including housing, transport, and other benefits. A person working in Ethiopia typically earns around 8,900 ETB per month. Naturally the more years of experience the higher the wage. Salary Survey - Journalist; Wages in Context; Salary Reports; Labour Law. 5,904,899 ETB, 5,904,900 ETB - Facebook: https://www.facebook.com/caalaaddofficial. The numbers become more significant if you consider one job title at a time. The numbers seem to support this tactic. Salaries vary drastically between different . Deciding people's fates is not an easy task and the high wage is perfectly justified. People with 20+ Years of experience receive salary of 5,574,317 ETB. Lawyer Average Salary: $141,890 Follow edited Jul 9, 2018 at 18:54. mwilczynski. Engineering is considered to be a moderate bonus-based field due to the generally limited involvement in direct revenue generation, with exceptions of course. Database Manager - $58,161. Naturally the more years of experience the higher the wage. ), 10 job hunting mistakes everyone is making, 10 salary negotiation tips everyone should know, 7 unconventional and creative job hunting techniques, Electromechanical Engineering Technologist, Engineering Research and Development Manager. Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment. Distribution of employees in Ethiopia into salary brackets in ETB. Reading from the salary distribution diagram, 25% of people working in Teaching / Education are earning less than 6,110 ETB while 75% of them are earning more than 6,110 ETB. Their field of expertise usually matches the type of business. The country has no private sector business, what is almost uniquely in Africa. Example:A graphic designer in the marketing department of a hospital. If you are interested in the salary of a particular job, see below for salaries for specific job titles. But with the incredible growth and influence of the Western football leagues, Ethiopian football players have been demanding higher salaries, some reaching a whopping 165,000 Br a month, way above the national per . Those figures are presented as guidelines only. The most standard form of bonus where the employee is awarded based on their exceptional performance. The hourly wage is the salary paid in one worked hour. ETB 28,032 / yr. 6,173,299 ETB, 6,173,300 ETB - PAYLAB is a member of the Alma Media group. The most paid careers are Finance & Banking with average income 2,292,179 ETB and Arts, Culture, Performance with income 2,157,976 ETB. Salary variations differ from person to person. 5,367,999 ETB, 5,368,100 ETB - 4,831,199 ETB, 4,831,300 ETB - The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment. Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience. Men receive an average salary of 1,089,724 ETB. That is quite an investment. Afghanistan Albania Algeria . You cant really expect any salary increases during the study period, assuming you already have a job. The experience level is the most important factor in determining the salary. The figures provided here are averages of numbers. 55% are not covered by a collective agreement. Average salary and range in Ethiopia by age in ETB. A person working in Banking in Ethiopia typically earns around 9,680 ETB per month. Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. All data are based on 286 salary surveys. Salaries vary drastically between different Engineering careers. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. Please, How to Keep a Balance Between Office Life and Physical Health, HR Professional: How to Improve Your Work Relationships, Job Seekers Strategies: How to Land the Position of Your Dreams. Data Security Analyst -$71,226. We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings. Average household health, education, and living standards today have improved since 2000. People in this job with 25 years of work experience earn the highest salary: between ETB4,217 and ETB9,993 per month. Salaries range from 2,780 ETB (lowest average) to 39,700 ETB (highest average, actual maximum salary is higher). (2021 E.C/2014 .) Payroll formula in Ethiopia to calculate salary . Orthodontists operate in an industry where people are willing to pay high costs for a service, which directly makes Orthodontists among the best paying jobs. Hourly jobs pay per worked hour. Salaries on positions in Ethiopia The gross salary range for people working in Ethiopia is typically from 4,062 ETB (minimum salary) to 15,189 ETB (highest average, actual maximum salary is higher). The majority of workers work in organisations of 500 or more employees. Calculate your income tax in Ethiopia, salary deductions in Ethiopia and compare salary after tax for income earned in Ethiopia in the 2023 tax year using the Ethiopia salary after tax calculators. We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings. Reductions in poverty were driven mainly by agricultural growth, underpinned by high and consistent economic growth. The average Delta Airlines pilot earns $192,000 with top-earners making $526,000. The Country Office also . Please. This is the average monthly salary including housing, transport, and other benefits. If you are interested in the salary of a particular job, see below for salaries for specific job titles. If we just displayed the highest salaries in descending order, then the list would have mostly consisted of top-level surgeons. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. On average, a persons salary doubles their starting salary by the time they cross the 10 years* experience mark. Judges earn quite high salaries because of the huge responsibilities associated with their job. Hourly Wage = Annual Salary ( 52 x 5 x 8 ). The data displayed here is the combined average of multiple jobs. In most cases, a salary review is conducted once education is completed and the degree has been attained. One major difference between salaried employees and hourly paid employees is overtime eligibility.