Physician - Cardiology Average Salary in Namibia 2023

How much money does a Physician - Cardiology make in Namibia?

Average Monthly Salary

63,000 NAD

( 756,000 NAD yearly)

LOW
29,600
NAD AVERAGE
63,000
NAD HIGH
99,600
NAD

Physician - Cardiology Salary Distribution in Namibia

The median, the maximum, the minimum, and the range

• Salary Range

  Physician - Cardiology salaries in Namibia range from 29,600 NAD per month (minimum salary) to 99,600 NAD per month (maximum salary).

• Median Salary

  The median salary is 66,800 NAD per month, which means that half (50%) of people working as Physician - Cardiology(s) are earning less than 66,800 NAD while the other half are earning more than 66,800 NAD. 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 Physician - Cardiology(s) are earning less than 43,400 NAD while 75% of them are earning more than 43,400 NAD. Also from the diagram, 75% of Physician - Cardiology(s) are earning less than 88,200 NAD while 25% are earning more than 88,200 NAD.

Physician - Cardiology 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 Physician - Cardiology salaries by experience level and this is what we found.

A Physician - Cardiology with less than two years of experience makes approximately 34,200 NAD per month.

While someone with an experience level between two and five years is expected to earn 47,100 NAD per month, 38% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 67,000 NAD per month, 42% more than someone with two to five years of experience.

Additionally, Physician - Cardiology(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 81,700 NAD per month, 22% 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 86,300 NAD 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 94,000 NAD per month, 9% more than people with fifteen to twenty years of experience.

Physician - Cardiology average salary change by experience in Namibia

Typical Salary Progress for Most Careers

Physician - Cardiology 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 Physician - Cardiology employees in Namibia earn 9% more than their female counterparts on average.

Salary Comparison By Gender in Namibia for all Careers

Physician - Cardiology Average Annual Salary Increment Percentage in Namibia

How much are annual salary increments in Namibia for Physician - Cardiology(s)? How often do employees get salary raises?

Physician - Cardiology

Physician - Cardiology(s) in Namibia are likely to observe a salary increase of approximately 10% every 29 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.

Namibia / 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 Namibia 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

Physician - Cardiology Bonus and Incentive Rates in Namibia

How much and how often are bonuses being awarded?

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A Physician - Cardiology is considered to be a high 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.

29% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 71% 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		71%
No Bonus		29%

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.

Physician - Cardiology Average Hourly Wage in Namibia

360 NAD per hour

The average hourly wage (pay per hour) in Namibia is 360 NAD. This means that the average Physician - Cardiology in Namibia earns approximately 360 NAD 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.

Physician - Cardiology VS Other Jobs

The average salary for Physician - Cardiology is 54% more than that of Doctor / Physician. Also, Doctor / Physician salaries are 57% more than those of Health and Medical.

Salary comparison with similar jobs

Advanced Nutrition Aide	23,600 NAD	-63%
Advanced Practice Provider	23,500 NAD	-63%
Allergist	31,800 NAD	-50%
Behavioral Health Specialist	19,400 NAD	-69%
Chiropractor	21,200 NAD	-66%
Clinical Psychologist	54,800 NAD	-13%
Correctional Treatment Specialist	31,100 NAD	-51%
Counseling Psychologist	41,300 NAD	-34%
Dermatologist	50,500 NAD	-20%
Dietitian	34,900 NAD	-45%
Doctor	42,600 NAD	-32%
Emergency Department Physician	40,000 NAD	-37%
Exercise Physiologist	40,100 NAD	-36%
Forensic Pathologist	44,000 NAD	-30%
General Medical Practitioner	33,100 NAD	-47%
Genetic Counselor	28,700 NAD	-54%
Internist	56,400 NAD	-11%
Interventionist	51,500 NAD	-18%
Invasive Cardiologist	72,000 NAD	+14%
Mental Health Therapst	29,700 NAD	-53%
Naturopathic Physician	50,200 NAD	-20%
Neurologist	53,600 NAD	-15%
Neurophysiology Technologist	14,500 NAD	-77%
Nuclear Medicine Physician	45,300 NAD	-28%
Obstetrician / Gynecologist	47,500 NAD	-25%
Occupational Health Safety Specialist	24,000 NAD	-62%
Ophthalmologist	37,500 NAD	-40%
Optometrist	35,600 NAD	-44%
Pediatrician	40,400 NAD	-36%
Physical Therapist	28,800 NAD	-54%
Physical Therapy Director	31,600 NAD	-50%
Physician - Anesthesiology	61,900 NAD	-2%
Physician - Cardiology	63,000 NAD	-0%
Physician - CCU	37,500 NAD	-40%
Physician - Dermatology	50,300 NAD	-20%
Physician - Emergency Room	39,600 NAD	-37%
Physician - Endocrinology	48,100 NAD	-24%
Physician - Family Practice	35,200 NAD	-44%
Physician - Gastroenterology	45,300 NAD	-28%
Physician - Generalist	38,200 NAD	-39%
Physician - Geriatrics	31,200 NAD	-50%
Physician - Hematology / Oncology	46,000 NAD	-27%
Physician - Immunology / Allergy	52,400 NAD	-17%
Physician - Infectious Disease	42,500 NAD	-33%
Physician - Internal Medicine	54,500 NAD	-14%
Physician - Maternal / Fetal Medicine	41,400 NAD	-34%
Physician - Nephrology	53,300 NAD	-15%
Physician - Neurology	50,600 NAD	-20%
Physician - Nuclear Medicine	45,200 NAD	-28%
Physician - Obstetrics / Gynecology	45,400 NAD	-28%
Physician - Occupational Medicine	36,900 NAD	-41%
Physician - Ophthalmology	32,900 NAD	-48%
Physician - Otolaryngology	32,500 NAD	-48%
Physician - Pain Medicine	31,800 NAD	-50%
Physician - Pathology	38,400 NAD	-39%
Physician - Pediatric Cardiology	49,800 NAD	-21%
Physician - Pediatric Neonatology	45,200 NAD	-28%
Physician - Pediatrics	43,000 NAD	-32%
Physician - Physiatry	44,500 NAD	-29%
Physician - Podiatry	42,900 NAD	-32%
Physician - Pulmonary Medicine	32,200 NAD	-49%
Physician - Radiation Therapy	55,400 NAD	-12%
Physician - Radiology	52,700 NAD	-16%
Physician - Rheumatology	48,800 NAD	-23%
Physician - Sports Medicine	46,000 NAD	-27%
Physician - Urology	62,500 NAD	-1%
Physician Assistant	27,700 NAD	-56%
Physiotherapist	32,500 NAD	-48%
Podiatrist	31,100 NAD	-51%
Preventive Medicine Physician	43,000 NAD	-32%
Psychiatrist	45,900 NAD	-27%
Psychololgist	46,700 NAD	-26%
Psychometrician	38,000 NAD	-40%
Radiologist	45,700 NAD	-27%
Registered Respiratory Therapist	29,200 NAD	-54%
Skin Care Specialist	25,500 NAD	-60%
Urologist	62,900 NAD	-0%
Vision Rehabilitation Therapist	27,700 NAD	-56%

Salary Comparison By City

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 Namibia earn 7% more than their private sector counterparts on average across all sectors.