Laboratory Technician Average Salary in Liberia 2020
How much money does a Laboratory Technician make in Liberia?
LOW
27,600
LRD AVERAGE
57,500
LRD HIGH
90,300
LRD
A person working as a Laboratory Technician in Liberia typically earns around 57,500 LRD per month. Salaries range from 27,600 LRD (lowest) to 90,300 LRD (highest).
This is the average monthly salary including housing, transport, and other benefits. Laboratory Technician salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Laboratory Technician Salary Distribution in Liberia
The median, the maximum, the minimum, and the range
Salary Range
Laboratory Technician salaries in Liberia range from 27,600 LRD per month (minimum salary) to 90,300 LRD per month (maximum salary).
Median Salary
The median salary is 59,800 LRD per month, which means that half (50%) of people working as Laboratory Technician(s) are earning less than 59,800 LRD while the other half are earning more than 59,800 LRD. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Percentiles
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Laboratory Technician(s) are earning less than 39,400 LRD while 75% of them are earning more than 39,400 LRD. Also from the diagram, 75% of Laboratory Technician(s) are earning less than 78,100 LRD while 25% are earning more than 78,100 LRD.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
Laboratory Technician Salary Comparison by Years of Experience
How does experience and age affect your pay?
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Laboratory Technician salaries by experience level and this is what we found.
A Laboratory Technician with less than two years of experience makes approximately 32,300 LRD per month.
While someone with an experience level between two and five years is expected to earn 45,800 LRD per month, 42% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 60,200 LRD per month, 31% more than someone with two to five years of experience.
Additionally, Laboratory Technician(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 74,000 LRD per month, 23% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 78,700 LRD per month, 6% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 86,200 LRD per month, 10% more than people with fifteen to twenty years of experience.
Laboratory Technician average salary change by experience in Liberia
| 0 - 2 Years | 32,300 LRD | |
| 2 - 5 Years | +42% | 45,800 LRD |
| 5 - 10 Years | +31% | 60,200 LRD |
| 10 - 15 Years | +23% | 74,000 LRD |
| 15 - 20 Years | +6% | 78,700 LRD |
| 20+ Years | +10% | 86,200 LRD |
Typical Salary Progress for Most Careers
Laboratory Technician Salary Comparison By Education
How do education levels affect salaries?
Displayed below is the average salary difference between different Laboratory Technician(s) who have the same experience but different education levels.
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Laboratory Technician salaries by education level in order to make a comparison.
When the education level is Bachelor's Degree, the average salary of a Laboratory Technician is 50,800 LRD per month.
While someone with a Master's Degree gets a salary of 72,800 LRD per month, 43% more than someone having a Bachelor's Degree degree.
Laboratory Technician average salary difference by education level in Liberia
| Bachelor's Degree | 50,800 LRD | |
| Master's Degree | +43% | 72,800 LRD |
Is a Master's degree or an MBA worth it? Should you pursue higher education?
A Master's degree program or any post-graduate program in Liberia costs anywhere from 359,000 Liberian Dollar(s) to 1,080,000 Liberian Dollar(s) and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support the thoery. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Typical Salary Difference by Education for Most Careers
Laboratory Technician Salary Comparison By Gender
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Laboratory Technician employees in Liberia earn 9% more than their female counterparts on average.
| Male | 61,200 LRD | |
| Female | -9% | 55,900 LRD |
Salary Comparison By Gender in Liberia for all Careers
Laboratory Technician Average Annual Salary Increment Percentage in Liberia
How much are annual salary increments in Liberia for Laboratory Technician(s)? How often do employees get salary raises?
Laboratory Technician
Laboratory Technician(s) in Liberia are likely to observe a salary increase of approximately 5% every 29 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.
Liberia / All Professions
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.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency
Annual Increment Rate By Industry 2019
| Banking | 4% | |
| Energy | 8% | |
| Information Technology | 3% | |
| Healthcare | 7% | |
| Travel | 2% | |
| Construction | 6% | |
| Education | 1% |
Listed above are the average annual increase rates for each industry in Liberia for the year 2019. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.
Worldwide Salary Raises: All Countries and All Jobs
Laboratory Technician Bonus and Incentive Rates in Liberia
How much and how often are bonuses being awarded?
Share This Chart Tweet Get Chart Linkhttp://www.salaryexplorer.com/charts/liberia/health-and-medical/healthcare-technical/laboratory-technician/annual-salary-bonus-rate-liberia-laboratory-technician.jpg
A Laboratory Technician is considered to be a low bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.
86% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 14% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 0% to 4% of their annual salary.
| Received Bonus | 14% | |
| No Bonus | 86% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. 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.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Laboratory Technician Average Hourly Wage in Liberia
330 LRD per hourThe average hourly wage (pay per hour) in Liberia is 330 LRD. This means that the average Laboratory Technician in Liberia earns approximately 330 LRD for every worked hour.
The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. 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). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
Laboratory Technician VS Other Jobs
The average salary for Laboratory Technician is 36% less than that of Healthcare Technical. Also, Healthcare Technical salaries are 17% less than those of Health and Medical.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Academic Clinician | 145,000 LRD |  +150% |
| Admitting Officer | 55,800 LRD |  -3% |
| Ambulance Dispatcher | 58,500 LRD | +2% |
| Ambulance Driver | 49,600 LRD | -14% |
| Ambulance Officer and Paramedic | 59,200 LRD | +3% |
| Ambulatory Services Director | 112,000 LRD | +95% |
| Anatomic Pathology Supervisor | 131,000 LRD | +130% |
| Anesthesia Technician | 82,100 LRD | +43% |
| Anesthesiologist | 236,000 LRD | +310% |
| Anesthesiology Assistant | 78,600 LRD | +37% |
| Assistant Optometrist | 66,400 LRD | +15% |
| Audiologist | 134,000 LRD | +130% |
| Biomedical Engineering Director | 96,800 LRD | +68% |
| Biomedical Engineering Technician | 52,000 LRD | -10% |
| Cardiac Technician | 51,300 LRD | -11% |
| Cardiovascular Specialist | 282,000 LRD | +390% |
| Cardiovascular Technologist | 109,000 LRD | +89% |
| Central Sterile Processing Technician | 61,000 LRD | +6% |
| Charge Entry Specialist | 66,100 LRD | +15% |
| Clinical Application Specialist | 67,300 LRD | +17% |
| Clinical Biochemist | 126,000 LRD | +120% |
| Clinical Cytogeneticist | 109,000 LRD | +89% |
| Clinical Data Reviewer | 68,700 LRD | +19% |
| Clinical Development Specialist | 87,600 LRD | +52% |
| Clinical Field Associate | 64,800 LRD | +13% |
| Clinical Genetic Technologist | 105,000 LRD | +83% |
| Clinical Microbiologist | 147,000 LRD | +160% |
| Clinical Molecular Geneticist | 113,000 LRD | +96% |
| Clinical Neuropsychologist | 144,000 LRD | +150% |
| Clinical Research Coordinator | 81,700 LRD | +42% |
| Clinical Scientist | 142,000 LRD | +150% |
| CME Specialist | 111,000 LRD | +93% |
| CT Technologist | 67,800 LRD | +18% |
| Cytogenetic Technologist | 103,000 LRD | +79% |
| Diagnostic Medical Sonographer | 78,500 LRD | +36% |
| Dispensing Optician | 65,300 LRD | +14% |
| Dosimetrist | 96,200 LRD | +67% |
| EKG Technician | 66,700 LRD | +16% |
| Endoscopic Assistant | 59,100 LRD | +3% |
| Endoscopy Technician | 59,800 LRD | +4% |
| Enterostomal Therapist | 98,500 LRD | +71% |
| Epidemiologist | 122,000 LRD | +110% |
| FGP Ultrasound Techncian | 58,000 LRD | +1% |
| Health Systems Specialist | 87,800 LRD | +53% |
| Health Technologist | 100,000 LRD | +74% |
| Healthcare Data Analyst | 68,100 LRD | +18% |
| Hearing Aid Specialist | 76,900 LRD | +34% |
| Histotechnologist | 93,100 LRD | +62% |
| Immunologist | 130,000 LRD | +130% |
| Industrial Hygienist | 91,900 LRD | +60% |
| Infection Control Coordinator | 68,500 LRD | +19% |
| Infection Control Practitioner | 145,000 LRD | +150% |
| Infection Preventionist | 107,000 LRD | +86% |
| Informatics Practice Specialist | 77,800 LRD | +35% |
| Interventional Radiographer | 119,000 LRD | +110% |
| Lab Assistant | 57,400 LRD | -0% |
| Laboratory Manager | 107,000 LRD | +86% |
| Laboratory Technician | 57,500 LRD | -0% |
| Low Vision Therapist | 126,000 LRD | +120% |
| Mammography Technician | 55,200 LRD | -4% |
| Medical Coder | 48,900 LRD | -15% |
| Medical Courier | 39,000 LRD | -32% |
| Medical Equipment Preparer | 56,900 LRD | -1% |
| Medical Forms Designer | 49,300 LRD | -14% |
| Medical Technologist | 61,200 LRD | +6% |
| MRI Technologist | 58,300 LRD | +1% |
| Music Therapist | 80,800 LRD | +40% |
| Neonatologist | 162,000 LRD | +180% |
| Neurodiagnostic Techncian | 61,500 LRD | +7% |
| Neuropsychology Testing Assistant | 52,800 LRD | -8% |
| Nuclear Medical Technician | 82,700 LRD | +44% |
| Nuclear Medicine Technolgoist | 79,900 LRD | +39% |
| Nutrition Assistant | 58,400 LRD | +2% |
| Occupaitional Therapy Assistant | 60,800 LRD | +6% |
| Operating Room Scheduler | 50,600 LRD | -12% |
| Operating Room Services Director | 160,000 LRD | +180% |
| Ophthalmic Assistant | 61,000 LRD | +6% |
| Ophthalmic Laboratory Technician | 62,300 LRD | +8% |
| Optician | 125,000 LRD | +120% |
| Orthopedic Technician | 61,000 LRD | +6% |
| Orthoptist | 166,000 LRD | +190% |
| Orthotist | 169,000 LRD | +190% |
| Pathology Assistant | 58,600 LRD | +2% |
| Perfusionist | 189,000 LRD | +230% |
| Phlebotomist | 44,300 LRD | -23% |
| Pre Authorization Case Manager | 82,400 LRD | +43% |
| Prosthetist | 144,000 LRD | +150% |
| Radiation Therapist | 209,000 LRD | +260% |
| Radiation Therapy Technologist | 79,900 LRD | +39% |
| Radiographer | 135,000 LRD | +130% |
| Radiography Technologist | 81,700 LRD | +42% |
| Radiologic Technologist | 82,300 LRD | +43% |
| Radiology Technologist | 83,200 LRD | +45% |
| Respiratory Care Practitioner | 148,000 LRD | +160% |
| Respiratory Therapist | 116,000 LRD | +100% |
| Respiratory Therapy Technician | 66,800 LRD | +16% |
| Sonographer | 80,500 LRD | +40% |
| Sonography Technologist | 78,500 LRD | +36% |
| Speech and Language Pathologist | 118,000 LRD | +110% |
| Ultrasonographer | 64,400 LRD | +12% |
| Ultrasound Technologist | 61,800 LRD | +7% |
| Vascular Technologist | 56,200 LRD | -2% |
| X-Ray Technologist | 79,500 LRD | +38% |
Salary Comparison By City
| City | Average Salary |
| Monrovia | 57,500 LRD |
Government vs Private Sector Salary Comparison
Where can you get paid more, working for a private company or for the government? Public sector employees in Liberia earn 21% more than their private sector counterparts on average across all sectors.
| Private Sector | 65,300 LRD | |
| Public Sector | +21% | 79,000 LRD |
