Average Salary in Sierra Leone 2024

Discover the salary landscape in Sierra Leone with valuable insights into the pay scale, wage gap, salary yearly increments, and breakdown over education level or years of experience. Uncover the intricate details that shape the earning potential in various sectors, providing valuable information for individuals and businesses alike. Understand the dynamics of Sierra Leone's salary structure to make informed decisions that positively impact career growth and overall financial planning. Stay ahead of the curve with this comprehensive article on salary in Sierra Leone.
Please be aware that the data we are providing is as accurate as possible at this early stage of the year 2024.

However, as we gather more data for 2024, we make adjustments to ensure the highest level of precision.

What is the average salary in Sierra Leone in 2024?

What is the average salary in Sierra Leone in 2024?
1,700USD
(USD 20,300 yearly)
Low 760 USD
Average 1,700 USD
High 7,500 USD
A person working in Sierra Leone typically earns around USD 1,700 per month. Salaries range from USD 760 (lowest average) to USD 7,500 (highest average, actual maximum salary is higher). This is the average salary including housing, transport, and other benefits. Salaries vary drastically between different careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
In comparison with average salary in Sierra Leone in 2023, salaries changed by +0.7% so far. Looking ahead, economists project a gradual recovery in the job market. Full comparison between 2023 and 2024 will be conducted by the year's end.

Pay Scale and Salaries in Sierra Leone

Pay Scale Comparison and Salary Structure

Nearly everyone earns less than USD 7,500, 75% of the people earn USD 2,400 or less. 50% employees earn less USD 1,700 or less, 25% of the employees earn less than USD 1,300.Download chartGet chart linkShare on FacebookShare on Twitter

Salary Structure

Nearly everyone earns less than USD 7,500, 75% of the people earn USD 2,400 or less. 50% employees earn less USD 1,700 or less, 25% of the employees earn less than USD 1,300.

Minimum Wage and Starting Salary

Minimum Wage and Starting Salary refers to the fundamental pay levels for entry-level positions. It encompasses the legally mandated minimum wage and the initial compensation offered to new hires, impacting job seekers and employers alike. Understanding these figures is crucial for ensuring fair labor practices and successful career beginnings. In Sierra Leone the minimum salary is USD 760.

Median Salary

With half of the values above and half below it, the median salary in Sierra Leone is USD 1,400, serving as the middle point of all salaries in a dataset. This stat provides a more balanced perspective on income distribution and is commonly employed to gauge average earnings in various professions and industries.

Salary range and Percentile

Salary Range refers to the span between the lowest and highest salaries in a given dataset, indicating the scope of potential earnings. Percentile, on the other hand, represents a specific point in the range, showing how a salary compares to others in the dataset, making it useful for benchmarking pay levels. In Sierra Leone the salary ranges from USD 760 to USD 7,500.

Annual Salary Increments in Sierra Leone

What is the average annual salary increment in the Sierra Leone? How frequently do employees receive salary raises?

In 2024, the average salary increment for Sierra Leone employees was 0.7%. Please note that this is an average across all job sectors. On a global scale, the average for 2024 is 0.7%.Download chartGet chart linkShare on FacebookShare on Twitter
The year 2024 saw employees in Sierra Leone receiving an average salary increment of 0.7%. This figure represents a cross-sectoral average. Comparatively, the global average for 2024 is 0.7%.

Historical Graph of Annual Salary Increments in Sierra Leone

Within the past years, employees in Sierra Leone have seen their salaries increase by an average of 3.6% per year. This encompasses a range of 0.6% to 7.1% increment per year.Download chartGet chart linkShare on FacebookShare on Twitter
Sierra Leone employees have, on average, received a yearly salary increase of 3.6% in recent years. The increment has ranged from 0.6% to 7.1% per year.

Salary Forecast and Trends for the Future in Sierra Leone

There are several key factors that influence future of salary growth. That is why we provide range of most probable forecast of salary increments. During next year salary increment will most likely be around 3.3%. Estimated range is between 1.8% and 5.0%.Download chartGet chart linkShare on FacebookShare on Twitter
There are several key factors that influence future of salary growth. That is why we provide range of most probable forecast of salary increments. During next year salary increment will most likely be around 3.3%. Estimated range is between 1.8% and 5.0%.

Gender Wage Gap in Sierra Leone

What is the difference in pay between mens and womens? Men vs. women salary comparison.

The actual wage gap in Sierra Leone reaches 9.0%.Download chartGet chart linkShare on FacebookShare on Twitter
The gender pay disparity in Sierra Leone is 9.0%.
It's due to many factors, such as:
  • Gender disparity.
  • On average, women use 10% more paid vacation days per year compared to men.
  • Compared to men, women are less likely to hold a college degree.
  • In the realm of caregiving responsibilities for children and elderly relatives, women are more predisposed than men to take them on.
  • The likelihood of women working part-time is higher than that of men, and part-time workers generally earn less than full-time workers.
  • Women generally find themselves working in lower-paying occupations compared to men.

Salary Comparison by Education Level

How does the education level influence the amount of salary?

The successful completion of high school and attainment of a bachelor's degree bring forth a wide range of advantages. Primarily, they greatly enhance one's career prospects by increasing earning potential and opening doors to a broader range of job opportunities. Advancing from a bachelor's degree to a master's degree offers several compelling advantages. Firstly, it deepens one's expertise and knowledge in a specific field, making graduates highly sought-after specialists in their areas of study. Continuing from a master's degree to a Ph.D. brings numerous benefits. Firstly, it allows individuals to become true experts in their chosen fields, conducting groundbreaking research and contributing to the advancement of knowledge.Download chartGet chart linkShare on FacebookShare on Twitter

The Benefits of Transitioning from High School to a Bachelor's Degree

Completing high school and obtaining a bachelor's degree brings immense benefits. Firstly, it paves the way for better career prospects, unlocking higher earning potential and enabling access to a wider array of job opportunities. Apart from financial advantages, pursuing a bachelor's degree nurtures personal growth, enhances critical thinking skills, and offers the opportunity to specialize in a specific field of interest. It also facilitates valuable networking avenues and the cultivation of a global outlook. Ultimately, the journey from high school to a bachelor's degree is a transformative adventure that leads to a more gratifying and prosperous future.

The Advantages of Progressing from a Bachelor's to a Master's Degree

Advancing from a bachelor's degree to a master's degree offers several compelling advantages. Firstly, it deepens one's expertise and knowledge in a specific field, making graduates highly sought-after specialists in their areas of study. This advanced education often leads to even greater earning potential and career advancement opportunities. Additionally, master's programs often emphasize research and critical thinking, honing these skills for practical application in professional settings. Networking opportunities expand further, connecting students with experts in their fields. Lastly, pursuing a master's degree is a significant personal achievement, reflecting dedication and a commitment to lifelong learning, which can contribute to personal growth and fulfillment.

The Advantages of Advancing from a Master's to a Ph.D. Degree

Continuing from a master's degree to a Ph.D. brings numerous benefits. Firstly, it allows individuals to become true experts in their chosen fields, conducting groundbreaking research and contributing to the advancement of knowledge. This expertise often leads to prestigious career opportunities in academia, research, and leadership positions in various sectors. Ph.D. programs foster advanced critical thinking, problem-solving, and analytical skills, making graduates highly adaptable and innovative. Networking opportunities expand even further, with collaborations and connections in the global academic and professional communities. Pursuing a Ph.D. manifests a strong passion for learning and advancing society through a rewarding and influential career.

Salary Breakdown Based on Career Levels

How does an individual's salary evolve as time goes on?

Promotion from junior to intermediate role brings increased responsibilities and expertise. Generally, salary rises significantly, often 13%-17% higher, reflecting higher skill level and value to the company. Elevated from intermediate to senior role, responsibilities expand, along with a substantial salary hike of about 7%-11%. Expertise and leadership result in higher recognition and greater financial rewards. Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 22%-26% higher, mirroring strategic influence and heightened leadership contributions.Download chartGet chart linkShare on FacebookShare on Twitter

Salary increase going from Junior to Intermediate

Promotion from junior to intermediate role brings increased responsibilities and expertise. Generally, salary rises significantly, often 13%-17% higher, reflecting higher skill level and value to the company.

Elevation from Intermediate to Senior Role Brings Salary Advancement

Elevated from intermediate to senior role, responsibilities expand, along with a substantial salary hike of approximately 7%-11%. Expertise and leadership yield higher recognition and greater financial rewards.

Executive Promotion: Salary Increase from Senior Position

Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 22%-26% higher, mirroring strategic influence and heightened leadership contributions.

Average Hourly Wage in Sierra Leone

What is the average hourly wage in the Sierra Leone?

Average Hourly Wage
10USD
Low 5 USD
Average 10 USD
High 44 USD

What are the disadvantages of being paid on an hourly wage basis?

  • Income instability: Hourly wages may result in irregular or fluctuating income, making it challenging to budget and plan for expenses.
  • Limited earning potential: Hourly workers may face limitations in terms of the number of hours they can work, which can restrict their earning potential compared to salaried positions.
  • Lack of benefits: Hourly workers often have fewer or limited benefits such as paid time off, health insurance, retirement plans, and other perks usually attributed to full-time employment.
  • Inconsistent work hours: Hourly workers may experience unpredictable work schedules, including shifts that vary in duration or irregular hours, which can interrupt work-life balance and make it difficult to maintain consistent routines.
  • Uncertain job security: Hourly positions are sometimes more susceptible to layoffs, downsizing, or changes in demand, which can lead to job insecurity compared to salaried positions.
  • Limited career advancement: Limited opportunities for career growth, professional development, or upward mobility within the organization may be observed in certain hourly jobs.
It's important to note that these disadvantages may not apply universally and can vary depending on specific job circumstances and individual preferences.

Highest and Lowest Paying Jobs in Sierra Leone

What are the best paying jobs in Sierra Leone?

List with best paid jobs in Sierra LeoneDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs Sierra Leone?

  1. Surgeon (USD 7,400)
  2. Doctor (USD 6,700)
  3. Chief Executive Officer (CEO) (USD 6,400)
  4. Registered Nurse Anesthetist (USD 6,200)
  5. Dentist (USD 6,000)
  6. Airline Pilot (USD 5,800)
  7. Intellectual Property Lawyer (USD 5,600)
  8. Marketing Manager (USD 4,900)
  9. Marketing Director (USD 4,900)
  10. Sales Director (USD 4,600)
  11. Sales Manager (USD 4,600)
  12. Petroleum Engineer (USD 4,600)
  13. Brand Manager (USD 4,500)
  14. Marketer (USD 4,500)
  15. Judge (USD 4,400)
  16. Treasurer (USD 4,400)
  17. Controller (USD 4,400)
  18. Pharmacist (USD 4,300)
  19. Tax Lawyer (USD 4,200)
  20. Lawyer (USD 4,200)
List with worst paid jobs in Sierra LeoneDownload chartGet chart linkShare on FacebookShare on Twitter

Lowest paying jobs Sierra Leone?

  1. Cashier (USD 800)
  2. Childcare Worker (USD 840)
  3. Stock clerk (USD 850)
  4. Elder Care Worker (USD 850)
  5. Receptionist (USD 890)
  6. Bartender (USD 960)
  7. Food and beverage server (USD 970)
  8. Janitor (USD 970)
  9. Waiter (USD 990)
  10. Tour Guide (USD 1,000)
  11. Customer Service Representative (USD 1,200)
  12. Hotel Concierge (USD 1,300)
  13. Rehabilitation Counselor (USD 1,300)
  14. Travel Agent (USD 1,400)
  15. Secretary (USD 1,400)
  16. Painter (USD 1,500)
  17. Carpenter (USD 1,500)
  18. Bus Driver (USD 1,500)
  19. Artist (USD 1,600)
  20. Truck Driver (USD 1,600)
List with best paid industries in Sierra LeoneDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs by industry

  1. Healthcare (USD 4,700)
  2. Business and Management (USD 4,000)
  3. Marketing and Sales (USD 3,700)
  4. Engineering (USD 3,400)
  5. Law (USD 3,300)
  6. Accounting and Finance (USD 3,200)
  7. Computer and Information Technology (USD 3,200)
  8. Transportation and Logistics (USD 3,100)
  9. Science (USD 3,100)
  10. Education and Training (USD 2,600)
  11. Other (USD 1,900)
  12. Hospitality and Tourism (USD 1,600)
  13. Social Services (USD 1,300)
  14. Services (USD 1,200)