Advertising / Grapic Design / Events Average Salaries in Libya 2022
How much money does a person working in Advertising / Grapic Design / Events make in Libya?
LOW
1,020
LYD AVERAGE
2,160
LYD HIGH
3,910
LYD
A person working in Advertising / Grapic Design / Events in Libya typically earns around 2,160 LYD per month. Salaries range from 1,020 LYD (lowest average) to 3,910 LYD (highest average, actual maximum salary is higher).
This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Advertising / Grapic Design / Events careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
Salaries for specific jobs
| Job Title | Average Salary |
| Advertising Account Executive | 2,660 LYD |
| Advertising Account Manager | 2,870 LYD |
| Advertising Account Planner | 1,380 LYD |
| Advertising Coordinator | 1,830 LYD |
| Advertising Manager | 3,770 LYD |
| Advertising Operations Manager | 3,900 LYD |
| Advertising Strategic Planner | 2,400 LYD |
| Advertising Team Leader | 2,150 LYD |
| Animator | 1,600 LYD |
| Art Director | 2,250 LYD |
| Artist | 2,000 LYD |
| Artworker | 1,440 LYD |
| Assistant Art Director | 1,810 LYD |
| Audiosual Technician | 1,310 LYD |
| Broadcast Administrator | 2,410 LYD |
| Catering Sales | 1,430 LYD |
| Catering Trainer | 1,700 LYD |
| Commercial and Industrial Designer | 1,390 LYD |
| Conference Organiser | 1,730 LYD |
| Content and Media Production Lead | 2,770 LYD |
| CopyWriter | 1,580 LYD |
| Creative Designer | 1,720 LYD |
| Creative Director | 2,370 LYD |
| Designer | 1,280 LYD |
| Desktop Publisher | 1,160 LYD |
| Director of Graphic Design | 2,090 LYD |
| Events and Promotions Manager | 3,670 LYD |
| Exhibit Display Coordinator | 1,770 LYD |
| Exhibit Display Manager | 2,420 LYD |
| Finisher | 1,270 LYD |
| Graphic Artist | 1,410 LYD |
| Graphic Designer | 1,530 LYD |
| Graphics Design Supervisor | 2,050 LYD |
| Imagery Analyst | 1,430 LYD |
| Imaging Technologist | 1,320 LYD |
| Interaction Designer | 1,190 LYD |
| Media Planner | 1,850 LYD |
| Media Production Coordinator | 1,830 LYD |
| Media Production Manager | 3,060 LYD |
| Media Project Manager | 3,010 LYD |
| Media Relations Representative | 2,570 LYD |
| Media Sales Executive | 3,090 LYD |
| Multimedia Specialist | 1,320 LYD |
| Photographer | 1,270 LYD |
| PPC Campaign Manager | 2,320 LYD |
| Print Production Manager | 2,570 LYD |
| Product and Brand Manager | 3,770 LYD |
| Sales Promotion Manager | 3,610 LYD |
| Sketch Artist | 1,590 LYD |
| Social Media Executive | 2,900 LYD |
| Technical Typist | 1,020 LYD |
| User Experience UX Designer | 1,580 LYD |
| UX Designer | 1,360 LYD |
Advertising / Grapic Design / Events Jobs Salary Distribution in Libya
The median, the maximum, the minimum, and the range
Salary Range
Advertising / Grapic Design / Events salaries in Libya range from 1,020 LYD per month (minimum average salary) to 3,910 LYD per month (maximum average salary, actual maximum is higher).
Median Salary
The median salary is 2,290 LYD per month, which means that half (50%) of people working in Advertising / Grapic Design / Events are earning less than 2,290 LYD while the other half are earning more than 2,290 LYD. 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 people working in Advertising / Grapic Design / Events are earning less than 1,490 LYD while 75% of them are earning more than 1,490 LYD. Also from the diagram, 75% of people working in Advertising / Grapic Design / Events are earning less than 3,290 LYD while 25% are earning more than 3,290 LYD.
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
Salary Comparison by Years of Experience
How does a person's salary progress over time?
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.
Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.
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.
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.
Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.
Salary Comparison By Education
How does the education level affect your salary?
It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.
Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.
Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma.
Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.
Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.
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 Libya costs anywhere from 11,400 Libyan Dinar(s) to 34,300 Libyan Dinar(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 this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Advertising / Grapic Design / Events 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 employees in Libya who work in Advertising / Grapic Design / Events earn 16% more than their female counterparts on average.
| Male | 2,340 LYD | |
| Female | -14% | 2,010 LYD |
Salary Comparison By Gender in Libya for all Careers
Advertising / Grapic Design / Events Average Annual Salary Increment Percentage in Libya
How much are annual salary increments in Libya for Advertising / Grapic Design / Events professionals? How often do employees get salary raises?
Advertising / Grapic Design / Events
Advertising / Grapic Design / Events professionals in Libya are likely to observe a salary increase of approximately 6% every 27 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.
Libya / 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 2021
| Banking | 5% | |
| Energy | 1% | |
| Information Technology | 6% | |
| Healthcare | 2% | |
| Travel | 7% | |
| Construction | 3% | |
| Education | 8% |
Listed above are the average annual increase rates for each industry in Libya for the year 2021. 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
Advertising / Grapic Design / Events Bonus and Incentive Rates in Libya
How much and how often are bonuses being awarded?
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Advertising / Grapic Design / Events is considered to be a moderate bonus-based field 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.
62% of surveyed staff in Advertising / Grapic Design / Events reported that they haven't received any bonuses or incentives in the previous year while 38% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 2% to 7% of their annual salary.
| Received Bonus | 38% | |
| No Bonus | 62% |
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.
Advertising / Grapic Design / Events Hourly Average Wage in Libya
12 LYD per hourThe average hourly wage (pay per hour) in Libya is 12 LYD. This means that the average person in Libya earns approximately 12 LYD 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.
Advertising / Grapic Design / Events VS Other Jobs
The average salary for Advertising / Grapic Design / Events is 6% less than that of All Jobs.
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 Libya earn 7% more than their private sector counterparts on average across all sectors.
| Private Sector | 2,200 LYD | |
| Public Sector | +7% | 2,360 LYD |
