Angola’s Average Annual Salary
How much money do people in Angola make?
The average monthly salary in Angola is about 261,000 AOA. Salary ranges from 66,100 AOA (the lowest average) to 1,170,000 AOA (the highest average). This average monthly payment includes housing, transportation, and other benefits.
Salaries vary widely throughout different occupations. If you’re looking for a certain job, you can use our salary comparison platform to look for salaries in Angola.
The median, maximum, minimum, and range
Range of Salary
Salaries in Angola are about 66,100 AOA ($116.37 USD) per month (minimum wage) to 1,170,000 AOA ($2059.82 USD) per month (maximum average salary).
The average monthly wage is 272,000 AOA, which indicates that half of the population (50%) earns less than this, while the other half (50%) earns more.
The median pay figure is the average. In general, if you are in a group that makes more than the median pay, you should be on the right side of the graph.
The minimum wage in Angola is 66,100 AOA per month. This means that if you are working full-time, you will earn at least this amount each month.
The maximum monthly salary in Angola is 1,170,000 AOA.
The real maximum salary is often higher than this, but it’s the highest reported salary currently.
The 25th and 75th percentiles are also relevant to the median.
The 25th percentile represents the value below which a certain number of individuals falls, and the 75th percentile represents the value above which a specified number of persons falls.
According to the pay distribution graph, 25% of individuals earn less than 152,000 AOA, while 75% earn more than 152,000 AOA. It’s worth mentioning that 75% of persons earn less than 747,000 AOA, while 25% earn more.
The fundamental difference between the average and median salaries
If your wage is more than the average or median, you are doing well. If you make less than any of them, you may have a lot to learn.
If your pay falls between the average and median, things might become difficult.
Comparative Salary Based On Years of Experience
When determining salary, the most critical factor to consider is experience level. Naturally, the bigger the salary, the more years of professional experience are required.
In all areas and specialties, individuals with two to five years of experience earn 32% more than beginners and juniors.
Workers with five or fewer years of experience earn on average 36% more than those with five or more years of experience.
Salaries vary significantly across locations and are heavily dependent on the kind of job.
Salary increases by 21% after 10 years and by 14% after reaching the age of fifteen.
These are only recommendations. The numbers become more noteworthy when broken down by job title.
Salary Based On Education Level
Salaries vary widely by education level and by professional field.
Individuals with a certificate or diploma earn 17% more than workers with just a high school degree.
Employees who have a bachelor’s degree earn 24% more than those who do not.
Employees with a Master’s Degree earn 29% more than those with a Bachelor’s Degree.
In general, PhD holders earn 23% more than those with a Master’s Degree in the same field.
Should I seek an advanced degree, such as a master’s degree?
The government sets the minimum and maximum wages for teachers in Angola. The typical teacher earns between 2,000 and 10,000 Kwanza per month, according to reports.
Likewise, a Master’s degree or another postgraduate program in Angola costs between 1,310,000 and 3,920,000 Kwanza and lasts around two years. That is a significant investment.
Given your existing salary, you may be unable to anticipate any increase throughout the study period. In most cases, a pay review occurs once schooling is completed and a degree is achieved.
Many individuals attend college in order to attain better-paying jobs.
This strategy looks to be effective based on the data. Increases in compensation associated with job changes are generally roughly 10% larger than standard salary increases.
The decision is very subjective and is influenced by a range of factors, including your circumstances and expertise.
Leaving aside all other considerations, if you can pay the costs of higher education, the return on the investment is undoubtedly worthy. You must be able to return your spending within a few years.
Annual Increases in Salary in Angola
Employees of Angola are expected to earn a wage increase of around 7% every 20 months.
Increases in salary are influenced by a range of factors, but efficiency and commitment to the organization’s success continue to be the most important.
Typically, the phrase ‘Annual Salary Rise’ refers to the increase in pay over a 12-month period.
Because it is uncommon for employees to have their salaries evaluated exactly one year after receiving a prior rise, understanding the frequency and rate at that time is particularly critical.
How is the pay increase calculated?
The annual pay increase in a year may be easily computed as follows:
Annual Salary Increase = Annual Rate of Increase x 12 Annual Frequency of Increase.
Consult your employer first to ensure that your increase is correct and equitable.
Gender – Salary Comparison
In reality, gender has an influence on pay.
Who gets paid more: men or women?
Across all industries, male employees in Angola earn 9% more on average than their female counterparts.
How much more money can you expect to make after a certain experience level?
- Junior Level – 3%-5%
- Mid-Career – 6% – 9%
- Senior Level – 10% – 15%
- Top Management – 15% – 20%
Because employers put in more effort to retain more experienced workers, the difference in increment rates is explained. This is due to the fact that they are more difficult to come by than inexperienced ones.
2022’s Annual Increment Rate By Industry
- Banking – 7%
- Energy – 5%
- Information Technology – 3%
- Healthcare – 1%
- Travel – 8%
- Construction – 6%
- Education – 4%
The following are Angola’s average annual promotion increases for each sector over the next decade. In economically vibrant sectors, pay hikes tend to be larger and more systematic.
While there are exceptions, the financial health of every business is inextricably tied to that of the nation or area. These values fluctuate on a daily basis.
How frequently are bonuses paid?
Angola’s bonuses and incentives were less popular among the surveyed workers.
According to a poll of 1,000 Angolans, just 50% of employees reported receiving no incentives or perks in the preceding year, while 51% reported receiving some type of monetary incentive.
For instance, a $1,000 bonus earned by a 401(k) account holder would have earned between $1,000 and $6,400 in interest that year. On average, individuals who received bonuses reported rates of between 3% and 6% of their yearly income.
Remember: Bonuses and Commissions are Different To Each Other
Bonuses are often confused with commissions.
A commission is a pre-determined fee paid for things sold or deals struck, while a bonus is often unpredictable and unplanned.
Varieties Of Bonuses Considered
Individual Performance-Based Bonuses
The most common kind of bonus is one in which the employee is compensated for exceptional performance.
Bonuses for Company Performance
Certain firms prefer to reward their employees with incentives in the form of all-staff parties.
The incentive may vary from $100 to $1,000 or more, depending on their position within the company.
Bonuses Based on Achieved Objectives
This one is given as a token of appreciation for achieving a significant aim or milestone.
Holiday and Year-End Bonuses
These types of bonuses are issued arbitrarily and often resemble gratitude tokens.
Bonus Rates Comparison by Career Field
- Finance – High
- Architecture – High
- Sales – High
- Business Development – High
- Marketing / Advertising – High
- Information Technology – Moderate
- Healthcare – Moderate
- Insurance – Moderate
- Customer Service – Moderate
- Human Resources – Moderate
- Construction – Low
- Transport – Low
- Hospitality – Low
Bonus Comparison by Seniority Level
Bonuses for top management people and senior workers are generally higher than those for juniors.
This is very foreseeable owing to the fact that you have greater authority.
Top executives may receive double or treble the bonus rates that bottom employees enjoy.
Assessment Criteria For Job Roles Worthy of High Salary
Employees that contribute to the company’s revenue or profit. For example, a graphic designer employed by a graphics design firm.
These are the employees that help and support revenue producers in their daily activities.
These professionals usually possess knowledge that is distinct from that of the primary company activities.
For instance, a graphic designer in the marketing department of a hospital.
Higher bonuses, increased wages, and increased pay increments are more likely to be awarded to revenue creators.
The primary reason is that when you make income, it is easier to measure your contribution to the business in monetary terms.
Salaries for Popular Occupations
Accounting and Finance
- Accountant – 194,000 AOA
- Accounting Assistant – 152,000 AOA
- Accounting Manager – 389,000 AOA
- Bookkeeper – 123,000 AOA
- Chartered Accountant – 248,000 AOA
- Corporate Treasurer – 348,000 AOA
- Financial Analyst – 359,000 AOA
- Financial Manager – 535,000 AOA
- Internal Auditor – 246,000 AOA
Administration / Reception / Secretarial
- Administrative Assistant – 148,000 AOA
- Office Manager – 243,000 AOA
- Receptionist – 97,600 AOA
- Secretary – 117,000 AOA
Advertising / Graphic Design / Events
- Art Director – 280,000 AOA
- Creative Director – 266,000 AOA
- Graphic Designer – 175,000 AOA
- Photographer – 157,000 AOA
Airlines / Aviation / Aerospace / Defense
- Aerospace Engineer – 340,000 AOA
- Air Traffic Controller – 294,000 AOA
- Flight Attendant – 182,000 AOA
- Pilot – 472,000 AOA
- Architect – 309,000 AOA
- CAD Drafter – 135,000 AOA
- Mechanic 103,000 AOA
- Service Advisor – 192,000 AOA
- Bank Branch Manager – 501,000 AOA
- Teller – 105,000 AOA
- Teacher – 209,000 AOA
- Translator – 248,000 AOA
- Business Analyst – 326,000 AOA
- Business Development Manager – 423,000 AOA
- Project Manager – 314,000 AOA
Care Giving and Child Care
- Nanny – 114,000 AOA
- Nursery Teacher – 103,000 AOA
Construction / Building / Installation
- Civil Engineer – 258,000 AOA
- Construction Project Manager – 435,000 AOA
- Health and Safety Officer – 125,000 AOA
Customer Service and Call Center
- Call Center Representative – 105,000 AOA
- Customer Service Manager – 364,000 AOA
- Customer Service Representative – 102,000 AOA
- Electrical Engineer – 254,000 AOA
- Engineer – 248,000 AOA
- Mechanical Engineer – 251,000 AOA
Executive and Management
- Chief Executive Officer – 617,000 AOA
- Chief Financial Officer – 584,000 AOA
- General Manager – 472,000 AOA
Food / Hospitality / Tourism / Catering
- Chef – 165,000 AOA
- Executive Chef – 194,000 AOA
- Hotel Manager – 480,000 AOA
- Travel Agent – 164,000 AOA
- Waiter / Waitress – 82,600 AOA
Health and Medical
- Dentist – 654,000 AOA
- Dietitian – 515,000 AOA
- Laboratory Technician – 199,000 AOA
- Nurse – 212,000 AOA
- Human Resources Manager – 409,000 AOA
- Human Resources Officer – 168,000 AOA
- Computer Technician – 205,000 AOA
- Database Administrator – 278,000 AOA
- Developer / Programmer – 272,000 AOA
- Information Technology Manager – 427,000 AOA
- Network Engineer – 237,000 AOA
Law Enforcement / Security / Fire
- Police Officer – 159,000 AOA
- Attorney – 549,000 AOA
- Legal Assistant – 149,000 AOA
Media / Broadcasting / Arts / Entertainment
- Journalist – 318,000 AOA
Pharmaceutical and Biotechnology
- Biomedical Engineer – 236,000 AOA
- Pharmacist – 345,000 AOA
Sales Retail and Wholesale
- Cashier – 105,000 AOA
- Sales Manager – 452,000 AOA
- Sales Representative – 172,000 AOA
Teaching / Education
- Elementary School Teacher – 192,000 AOA
- Secondary School Teacher – 209,000 AOA
Average Hourly Wage in Angola
Angola’s average yearly salary (hourly pay) is $1,510 AOA.
This suggests that the average Angolan earns around $1.51 per hour worked.
The hourly pay is the compensation earned during a single work hour.
Salaried and hourly employees are the two most prevalent job categories.
Salaried labour often offers a flat weekly wage regardless of the number of hours done. Each hour completed is compensated on an hourly basis.
The hourly salary computation may vary somewhat depending on the number of hours worked each week and the yearly vacation allowance.
The statistics above are regarded as reasonable estimates and are thought to represent the norm.
Another contrast between salaried employees and hourly workers is the access to overtime compensation.
Typically, salaried staff are excused from overtime, while hourly employees are not.
Salary Comparisons Across Cities
Average Salary Depending on City
- Benguela – 260,000 AOA
- Cabinda – 241,000 AOA
- Huambo – 285,000 AOA
- Lobito – 274,000 AOA
- Luanda – 297,000 AOA
- Lubango – 254,000 AOA
Salary Comparisons Between the Public and Private Sectors
Public sector workers in Angola earn on average 8% more than their private-sector counterparts.
- Public Sector – 275,000 AOA
- Private Sector – 254,000 AOA
- Country Manager
- Finance Manager
- Finance Manager with Financial Reporting Skills
- Financial Controller
- Information Technology (IT) Manager
- Network Engineer
- Operations Manager
- Operations Manager with Operations Management Skills
- Project Engineer
- Project Manager
- Project Manager with Project Management Skills