Endodontist Average Salary in Madagascar 2023

How much money does a person working as Endodontist make in Madagascar?

Average Monthly Salary

3,870,000 MGA

( 46,500,000 MGA yearly)

LOW
1,860,000
MGA AVERAGE
3,870,000
MGA HIGH
6,080,000
MGA

Endodontist Pay Scale and Salaries in Madagascar

Salary Structure and Pay Scale Comparison

5% of people earn
3,620,000 MGA or more

10% of people earn
3,190,000 to 3,620,000 MGA

20% of people earn
2,240,000 MGA or less

65% of people earn
2,240,000 to 3,190,000 MGA

Minimum Salary 1,860,000 MGA

Median 3,640,000 MGA

Maximum 6,080,000 MGA

Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

• Salary Range, Minimum Wage, and Starting Salary

  Endodontist salaries in Madagascar range from 1,860,000 MGA per month (starting salary) to 6,080,000 MGA per month (maximum salary). This is not the minimum wage as per the law, only the lowest reported number in the salary survey that had thousands of participants and professionals from all over the country.

• Median Salary

  The median salary is 3,640,000 MGA per month, which means that half (50%) of people working as Endodontist(s) are earning less than 3,640,000 MGA while the other half are earning more than 3,640,000 MGA. 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 and Salary Scale

  Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Endodontist(s) are earning less than 2,960,000 MGA while 75% of them are earning more than 2,960,000 MGA. Also from the diagram, 75% of Endodontist(s) are earning less than 4,170,000 MGA while 25% are earning more than 4,170,000 MGA.

• Pay Scale Structure

  We grouped the most common and recurring salaries into brackets to give more insight into what salary to expect. This method is more accurate than just the average salary and gives more insights on how salaries are actually distributed. Around 65% of all reported figures are in the range 2,240,000 MGA to 3,190,000 MGA. Approximatly 20% fall under the 2,240,000 MGA cap. Ten percent of wages are from 3,190,000 MGA to 3,620,000 MGA. Only 5% of people grossed 3,620,000 MGA or more.

Endodontist Salary Comparison by Years of Experience

How does experience and age affect your pay?

Endodontist average salary change by experience in Madagascar

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 Endodontist salaries by experience level and this is what we found.

Employees with less than two years of experience makes approximately 2,170,000 MGA per month.

While someone with an experience level between two and five years is expected to earn 3,080,000 MGA 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 4,050,000 MGA per month, 31% more than someone with two to five years of experience.

Additionally, Endodontist whose expertise span anywhere between ten and fifteen years get a salary equivalent to 4,980,000 MGA 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 5,300,000 MGA 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 5,800,000 MGA per month, 10% more than people with fifteen to twenty years of experience.

Typical Salary Progress for Most Careers

Salary and Compensation Comparison By Gender - Endodontist

Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Endodontist employees in Madagascar earn 9% more than their female counterparts on average.

Salary Comparison By Gender in Madagascar for all Careers

Endodontist Average Annual Salary Increment Percentage in Madagascar

How much are annual salary increments in Madagascar for Endodontist(s)? How often do employees get salary raises?

Endodontist

Endodontist(s) in Madagascar are likely to observe a salary increase of approximately 9% every 30 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Madagascar / 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 2022

Listed above are the average annual increase rates for each industry in Madagascar for the year 2022. 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

Endodontist Bonus and Incentive Rates in Madagascar

How much and how often are bonuses being awarded?

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"Endodontist" is considered to be a high bonus-based job. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

31% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 69% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.

Received Bonus		69%
No Bonus		31%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, 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 Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These 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?

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.

Endodontist Salary Trend and Forecast in Madagascar

How are Endodontist salaries changing over time? Listed below is a chart that shows the average salary in recent years.

Endodontist salaries in Madagascar are on the rise in the year 2023 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2022 are 3% higher than those of 2021. The trend suggests a slow yet continuous increase in pay in 2024 and future years. These numbers may vary from industry to another.

Endodontist Average Hourly Wage in Madagascar

22,300 MGA per hour

The average hourly wage (pay per hour) in Madagascar is 22,300 MGA. This means that the average Endodontist in Madagascar earns approximately 22,300 MGA for every worked hour.

About The Hourly Pay Rate

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.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for 'Endodontist' in Madagascar is 10,700 MGA. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Endodontist VS Other Jobs

The average salary for Endodontist is 92% more than that of Dental. Also, Dental salaries are 3% more than those of Health and Medical.

Salary comparison with similar jobs

Dental Assistant	889,000 MGA	-77%
Dental Hygienist	862,000 MGA	-78%
Dental Laboratory Technician	845,000 MGA	-78%
Dental Receptionist	676,000 MGA	-83%
Dental Technician	802,000 MGA	-79%
Dental Therapist	1,250,000 MGA	-68%
Dentist	3,240,000 MGA	-16%
Endodontist	3,870,000 MGA	-0%
Orthodontic Assistant	895,000 MGA	-77%
Orthodontist	3,910,000 MGA	+1%
Periodontist	3,920,000 MGA	+1%
Prosthodontist	3,870,000 MGA	-0%

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 Madagascar earn 18% more than their private sector counterparts on average across all sectors.

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for Endodontist in Madagascar?

A good and competitive compensation would range anywhere between 3,640,000 MGA and 4,170,000 MGA. This is a very rough estimate and your experience and education will play a very huge part into your final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salart after tax for every career.

Base / Basic Salary

The base salary for Endodontist in Madagascar is ranges from 2,960,000 MGA to 4,170,000 MGA. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range in a grain of salt.