Average Salary in Cameroon 2022
How much money does a Cameroonian earn?
An individual working in Cameroon makes around 460,000 XAF each month. Salary ranges from 116,000 XAF (the lowest average) to 2,050,000 XAF (the highest average) (the highest average; the actual maximum salary is higher).
This is the monthly average wage, housing, transportation, and other perks included. Salaries vary significantly across occupations.
Distribution of Salaries in Cameroon
The median, the maximum, the minimum, and the range
Salaries range from 116,000 XAF per month (minimum wage) to 2,050,000 XAF per month in Cameroon (maximum average salary, actual maximum is higher).
The median monthly wage is 423,000 XAF, which implies that half of the population (50 per cent) earns less than 423,000 XAF and the other half earns more than 423,000 XAF.
The median pay figure is the average. In general, you want to be on the right side, above the median pay group.
According to the wage distribution diagram, 25% of the population earns less than 243,000 XAF, while 75% earn more.
Additionally, the graphic indicates that 75% of the population earns less than 1,140,000 XAF, while 25% earn more.
How much does the median pay vary from the average salary?
Both of these are indications. If your wage is more than the average and median, you are doing quite well.
If your payment is less than either of these, it means that many individuals make more than you and there is lots of possibility for growth. If your pay falls between the average and median, things become a little more tricky.
Comparing Salaries of Cameroon Based on Years of Experience
How does an individual’s income increase over time?
The average annual salary in Cameroon is about 875,551 XAF per year (486806 XAF monthly).
The salaries of workers are determined by years of experience and the occupation they work in.
For example, someone with 10 years of experience as a school teacher will have an annual salary of around 408,5904 XAF to 5837,007 XAF per year.
The same person with the same experience in a different occupation such as banking may have an annual salary of 819,425 XAF to 1,881,007 XAF.
Salaries also vary by age group. An individual between ages 30 and 34 has an average monthly salary of around 154717 XAF (92649 XAF per year).
The salaries then increase gradually up to about 168484 XAF (99869 XAF) or more depending on years of experience. This number steadily decreases after the age group 40-44 and 45-49.
Salary Comparisons As per Education
How does the education level affect your salary?
An individual’s salary is determined by their years of experience and the occupation they are in. However, salaries can also vary based on education. Someone who has a high school diploma may make less than someone with a college degree.
Additionally, those who have a Master’s or Doctorate degree will often make more than those without an advanced degree. The table below shows the average annual salaries for workers in Cameroon based on their education level.
As you can see, there is a significant difference in salary between those who have a high school diploma and those who have a Master’s or Doctorate degree.
This illustrates the importance of getting an education and continuing to learn throughout your career.
Is it advantageous to get a Master’s degree or an MBA? Should you continue your education? Should you continue your education?
In order for someone to make it into the top 1% of earners in Cameroon, they need at least a college degree and 10 years of experience. And that’s just one way that education can help your career:
Educated people earn more money and are more likely to find better jobs than those without any schooling. So if you’re looking for financial success, don’t skip school!
The most important thing is not how much you know but what you do with what you know—so make sure your knowledge pays off!
Salary Comparisons According to Gender
Male workers earn 10% more than female employees in Cameroon on average across all industries.
This result is similar to findings in many other countries in Africa where women’s employment opportunities are largely limited. Such observations should be put into context to reflect the difficult environment under which women work for low wages compared to their male counterparts.
The statistics do not provide enough information on whether other factors apart from gender could justify this discrepancy. It, therefore, does not make it possible to establish if there are any inequalities between men and women regarding salaries or working hours.
Annual Salary Raise on an Average Basis in Cameroon
How much do wage increases cost in Cameroon? How often do workers get compensation increases?
Employees in Cameroon may receive a wage rise of around 4% every 29 months.
The terminology ‘Annual Salary Rise’ often refers to an increase over a 12-month period, but since wages are seldom reviewed precisely at the one-year point, it is more significant to know the frequency and pace of the increase.
How is the pay increase Percentages calculated?
The yearly pay increase for a calendar year (12 months) is straightforward to compute as follows:
Annual Salary Increase = Annual Rate of Increase x 12 Annual Frequency of Increase.
Annual Increment Rate By Industry 2022
Businesses that operate in strong sectors often grant larger and more regular increases.
While exceptions occur, the economic status of each corporation is inextricably linked to the economic state of the nation or area. These data are changeable on a regular basis.
- Banking -1%
- Construction – 6%
- Energy – 2%
- Education – 7%
- Healthcare – 4%
- Information Technology – 3%
- Travel – 5%
Average Salary Increase Rates by Qualifications and Experience
The disparity in increment rates may be explained in part by the fact that firms work more to keep more experienced employees since they are more difficult to find than less experienced employees.
- Top Management – 15% – 20%
- Senior Level – 10% – 15%
- Mid-Career – 6% – 9%
- Junoir Level – 3% – 5%
Cameroon Bonus and Reward Rates
In Cameroon, 69% of those polled stated they had not received any bonuses or incentives in the preceding year, while 31% claimed they had gotten at least one kind of monetary bonus.
Those who received bonuses reported bonuses ranging from 4% to 5% of their yearly salaries.
Different Bonuses in a Company
This is the most common kind of incentive when the employee is rewarded for great performance. This is the most common kind of incentive when the employee is rewarded for great performance.
The danger with individual-based bonuses is that they can encourage competition between staff. This might be good in terms of business growth but not always in regards to motivation.
Performance Bonuses at Work
Some businesses want to celebrate surplus revenues and profits with their employees together in the form of bonuses that are given to everyone on a regular basis.
The size of the bonus will most likely vary based on the individual’s job within the firm. If the bonus does indeed result in more profit for the firm, can employers justifiably do this?
Bonuses Based on Achievement
Awarded for reaching a significant objective or milestone. One of the most common types of bonuses offered to employees, bonuses based on achievement can include such things as reaching a targeted sales goal or earning a specific level in a training program.
These types of bonuses are often used by employers to encourage and reward performance above and beyond what is normally expected.
Bonuses for the holidays and the end of the year
These incentives are frequently provided without a cause and resemble an appreciation token. They are also a way to say thank you to employees for their hard work and dedication over the year.
Employers often structure holiday bonuses as follows:
A set amount of money is given to all employees
A percentage of the employee’s annual salary is awarded. A specific dollar amount is given to employees who meet certain requirements, such as perfect attendance or working a certain number of hours.
Specific gifts or gift cards are given to employees
The decision about how to allocate holiday bonuses often depends on the size of the company and its budget. Some employers prefer to give all employees a set amount of money, while others prefer to award a percentage of an employee’s salary.
Some employers require that employees meet certain criteria in order to receive a holiday bonus, such as perfect attendance or working a certain number of hours.
Bonus Rates Comparison by Career Field
- Hospitality – Low
- Information Technology – Moderate
- Architecture – High
- Transport – Low
- Insurance – Moderate
- Sales – High
- Construction – Low
- Healthcare – Moderate
- Business Development – High
- Human Resources – Moderate
- Marketing / Advertising – High
- Customer Service – Moderate
- Finance – High
What makes a position worthy of good bonuses and a high salary?
Is it the level of difficulty, the importance of the task or how much work is necessary to achieve results? In Cameroon, there is no definitive answer to this question. What matters most is what the company and the employee agree on.
There are many factors that contribute to determining salary levels in Cameroon. One of these factors is the cost of living in a particular city or region. Another factor is the level of experience and qualifications an employee has.
Bonus Comparison by Seniority Level
In Cameroon, there is a disparity in the number of bonuses that are given to employees based on their seniority level. Managers and executives tend to receive more bonuses than lower-level employees.
In large companies that offer a bonus, the seniority levels where employees tend to receive a bonus are managers and executive staff.
Salaries for popular jobs in Cameroon
- Data Scientist – 192,000 XAF
- Architecture Design Engineer – 208,000 XAF
- Mechanical Engineering Technician – 152,400 XAF
- Biology Teacher – 121,600 XAF
- Nurse – 108,000 XAF
- Police Sergeant – 93,600 XAF
- Waitress – 69,600 XAF
- Construction Worker – 66,000 XAF
- Farmer – 57,200 XAFComputer Technician – 41,000 XAF
- Laborer – 36,400 XAF
Average Hourly Wage in Cameroon
The average hourly wage in Cameroon is 2,650 XAF. This amount is determined by multiplying the monthly salary by .083333 (8.3333%)
The hourly wage in Cameroon is computed by dividing the monthly salary by 26. The result is then multiplied by .08333 to get the hourly wage. For example, a person who earns a monthly salary of 210,000 XAF will have an hourly wage of 2,650 XAF.
The hourly salary computation may vary somewhat based on the number of hours worked each week and the yearly vacation allowance.
The values given above are excellent estimates and are regarded as the norm. Overtime eligibility is a significant distinction between salaried and hourly workers.
Government vs Private Sector Salary Comparison in Cameroon
There is a difference between the salaries in the government and in the private sector. A government employee is usually paid less than an employee working for a private company or corporation that has nothing to do with the state.
The difference between these two types of employment goes beyond salary, however, as it also affects social benefits, hiring procedures, and other rights and privileges.
In Cameroon, the average annual salary in the government is XAF 288,000, while the average annual salary in the private sector is XAF 572,000. This means that a person working for a private company can earn almost twice as much as someone employed by the government.
There are some government jobs that offer higher salaries than the average, such as jobs in the medical and legal professions. But for the most part, government employees are paid less than those working in the private sector.
There are a number of reasons for this discrepancy. First, the government is often seen as being inefficient and slow to respond to changes in the market.
This can lead to a loss of confidence by investors and businesses, which in turn results in a decline in job opportunities and lower salaries.
Second, many people believe that those who work for the government do not contribute as much to society as those who work in the private sector.
- Mechanical Engineer
- Administrative Assistant
- Secondary School Teacher
- High School Teacher
- Physician / Doctor, General Practice
- Information Technology (IT) Manager
- Chemical Laboratory Technician
- Communications Officer
- Country Manager
- Network Engineer
- Operations Manager
- Petroleum Engineer
- Registered Nurse (RN)
- Software Developer
- Software Engineer
- Accountant with Microsoft Excel Skills
- Accountant with Financial Reporting Skills
- Administrative Assistant with Office Administration Skills
- Civil Engineer