SAP Consultant Average Salary in Suriname 2023
How much money does a SAP Consultant make in Suriname?
LOW
2,920
SRD AVERAGE
5,730
SRD HIGH
8,820
SRD
A person working as a SAP Consultant in Suriname typically earns around 5,730 SRD per month. Salaries range from 2,920 SRD (lowest) to 8,820 SRD (highest).
This is the average monthly salary including housing, transport, and other benefits. SAP Consultant salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
SAP Consultant Salary Distribution in Suriname
The median, the maximum, the minimum, and the range
Salary Range
SAP Consultant salaries in Suriname range from 2,920 SRD per month (minimum salary) to 8,820 SRD per month (maximum salary).
Median Salary
The median salary is 5,610 SRD per month, which means that half (50%) of people working as SAP Consultant(s) are earning less than 5,610 SRD while the other half are earning more than 5,610 SRD. 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 SAP Consultant(s) are earning less than 3,840 SRD while 75% of them are earning more than 3,840 SRD. Also from the diagram, 75% of SAP Consultant(s) are earning less than 7,070 SRD while 25% are earning more than 7,070 SRD.
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
SAP Consultant 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 SAP Consultant salaries by experience level and this is what we found.
A SAP Consultant with less than two years of experience makes approximately 3,280 SRD per month.
While someone with an experience level between two and five years is expected to earn 4,280 SRD per month, 31% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 5,990 SRD per month, 40% more than someone with two to five years of experience.
Additionally, SAP Consultant(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 7,200 SRD per month, 20% 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 7,820 SRD per month, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 8,440 SRD per month, 8% more than people with fifteen to twenty years of experience.
SAP Consultant average salary change by experience in Suriname
| 0 - 2 Years | 3,280 SRD | |
| 2 - 5 Years | +31% | 4,280 SRD |
| 5 - 10 Years | +40% | 5,990 SRD |
| 10 - 15 Years | +20% | 7,200 SRD |
| 15 - 20 Years | +9% | 7,820 SRD |
| 20+ Years | +8% | 8,440 SRD |
Typical Salary Progress for Most Careers
SAP Consultant Salary Comparison By Education
How do education levels affect salaries?
Displayed below is the average salary difference between different SAP Consultant(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 SAP Consultant salaries by education level in order to make a comparison.
When the education level is Certificate or Diploma, the average salary of a SAP Consultant is 3,750 SRD per month.
While someone with a Bachelor's Degree gets a salary of 5,640 SRD per month, 50% more than someone having a Certificate or Diploma degree.
A Master's Degree gets its holder an average salary of 8,350 SRD per month, 48% more than someone with a Bachelor's Degree.
SAP Consultant average salary difference by education level in Suriname
| Certificate or Diploma | 3,750 SRD | |
| Bachelor's Degree | +50% | 5,640 SRD |
| Master's Degree | +48% | 8,350 SRD |
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 Suriname costs anywhere from 25,700 Surinam Dollar(s) to 77,100 Surinam 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
SAP Consultant 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 SAP Consultant employees in Suriname earn 10% more than their female counterparts on average.
| Male | 6,020 SRD | |
| Female | -9% | 5,460 SRD |
Salary Comparison By Gender in Suriname for all Careers
SAP Consultant Average Annual Salary Increment Percentage in Suriname
How much are annual salary increments in Suriname for SAP Consultant(s)? How often do employees get salary raises?
SAP Consultant
SAP Consultant(s) in Suriname are likely to observe a salary increase of approximately 9% every 29 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.
Suriname / 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
| Banking | 8% | |
| Energy | 7% | |
| Information Technology | 6% | |
| Healthcare | 5% | |
| Travel | 4% | |
| Construction | 3% | |
| Education | 2% |
Listed above are the average annual increase rates for each industry in Suriname 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
SAP Consultant Bonus and Incentive Rates in Suriname
How much and how often are bonuses being awarded?
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A SAP Consultant is considered to be a moderate 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.
64% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 36% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.
| Received Bonus | 36% | |
| No Bonus | 64% |
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.
SAP Consultant Average Hourly Wage in Suriname
33 SRD per hourThe average hourly wage (pay per hour) in Suriname is 33 SRD. This means that the average SAP Consultant in Suriname earns approximately 33 SRD 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.
SAP Consultant VS Other Jobs
The average salary for SAP Consultant is 3% more than that of IT Consultancy. Also, IT Consultancy salaries are 8% more than those of Information Technology.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Advertising Account Planner | 4,500 SRD |  -21% |
| Application Consultant | 6,280 SRD |  +10% |
| Business Process Consultant | 5,200 SRD | -9% |
| ERP / CRM Technical Consultant | 5,210 SRD | -9% |
| Information Program Director | 7,030 SRD | +23% |
| Information Services Consultant | 6,010 SRD | +5% |
| Information Technology Consultant | 5,940 SRD | +4% |
| SAP Consultant | 5,730 SRD | +0% |
| Sharepoint Consultant | 5,130 SRD | -10% |
| Systems Consultant | 6,050 SRD | +6% |
| Technical Consultant | 5,730 SRD | +0% |
| Test Analyst | 4,850 SRD | -15% |
| Testing Manager | 6,720 SRD | +17% |
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 Suriname earn 17% more than their private sector counterparts on average across all sectors.
| Private Sector | 4,780 SRD | |
| Public Sector | +17% | 5,600 SRD |
