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Insurance Appraiser Average Salary in Western Sahara 2020

How much money does an Insurance Appraiser make in Western Sahara?


Average Monthly Salary
10,600 MAD
( 128,000 MAD yearly)

LOW
5,530
MAD
AVERAGE
10,600
MAD
HIGH
16,300
MAD

A person working as an Insurance Appraiser in Western Sahara typically earns around 10,600 MAD per month. Salaries range from 5,530 MAD (lowest) to 16,300 MAD (highest).

This is the average monthly salary including housing, transport, and other benefits. Insurance Appraiser salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Insurance Appraiser Salary Distribution in Western Sahara

Median and salary distribution monthly Western Sahara Insurance Appraiser
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The median, the maximum, the minimum, and the range

  • Salary Range

    Insurance Appraiser salaries in Western Sahara range from 5,530 MAD per month (minimum salary) to 16,300 MAD per month (maximum salary).

  • Median Salary

    The median salary is 10,200 MAD per month, which means that half (50%) of people working as Insurance Appraiser(s) are earning less than 10,200 MAD while the other half are earning more than 10,200 MAD. 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 Insurance Appraiser(s) are earning less than 7,080 MAD while 75% of them are earning more than 7,080 MAD. Also from the diagram, 75% of Insurance Appraiser(s) are earning less than 12,700 MAD while 25% are earning more than 12,700 MAD.


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

Insurance Appraiser Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Western Sahara Insurance Appraiser
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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 Insurance Appraiser salaries by experience level and this is what we found.

An Insurance Appraiser with less than two years of experience makes approximately 6,280 MAD per month.

While someone with an experience level between two and five years is expected to earn 8,430 MAD per month, 34% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 11,000 MAD per month, 30% more than someone with two to five years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Additionally, Insurance Appraiser(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 13,300 MAD per month, 21% 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 14,500 MAD 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 15,200 MAD per month, 5% more than people with fifteen to twenty years of experience.


Insurance Appraiser average salary change by experience in Western Sahara

0 - 2 Years
6,280 MAD
2 - 5 Years+34%
8,430 MAD
5 - 10 Years+30%
11,000 MAD
10 - 15 Years+21%
13,300 MAD
15 - 20 Years+9%
14,500 MAD
20+ Years+5%
15,200 MAD
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Insurance Appraiser Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Insurance Appraiser(s) who have the same experience but different education levels.

Salary comparison by education level monthly Western Sahara Insurance Appraiser
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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 Insurance Appraiser salaries by education level in order to make a comparison.

When the education level is Certificate or Diploma, the average salary of an Insurance Appraiser is 7,890 MAD per month.

While someone with a Bachelor's Degree gets a salary of 14,200 MAD per month, 80% more than someone having a Certificate or Diploma degree.


Insurance Appraiser average salary difference by education level in Western Sahara

Certificate or Diploma
7,890 MAD
Bachelor's Degree+80%
14,200 MAD
Percentage increase and decrease are relative to the previous value

Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Insurance Appraiser Salary Comparison By Gender

Salary comparison by gender monthly Western Sahara Insurance Appraiser
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Insurance Appraiser employees in Western Sahara earn 11% more than their female counterparts on average.

Male
11,300 MAD
Female-10%
10,200 MAD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Western Sahara for all Careers

Salary comparison by gender monthly Western Sahara
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Insurance Appraiser Average Annual Salary Increment Percentage in Western Sahara

How much are annual salary increments in Western Sahara for Insurance Appraiser(s)? How often do employees get salary raises?

Insurance Appraiser

Insurance Appraiser(s) in Western Sahara are likely to observe a salary increase of approximately 8% every 28 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Western Sahara Insurance Appraiser
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Western Sahara / 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

The average salary increase in one year (12 months) in Western Sahara is 2%.

Annual Increment Rate By Industry 2019

Banking
6%
Energy
3%
Information Technology
9%
Healthcare
6%
Travel
3%
Construction
9%
Education
6%

Listed above are the average annual increase rates for each industry in Western Sahara 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

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Insurance Appraiser Bonus and Incentive Rates in Western Sahara

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Western Sahara Insurance Appraiser
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An Insurance Appraiser 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.

90% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 10% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 1% to 3% of their annual salary.

Received Bonus
10%
No Bonus
90%

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?

The main two types of jobs

Revenue GeneratorsSupporting 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:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


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.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

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.

Insurance Appraiser Average Hourly Wage in Western Sahara


61 MAD per hour

The average hourly wage (pay per hour) in Western Sahara is 61 MAD. This means that the average Insurance Appraiser in Western Sahara earns approximately 61 MAD for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

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.

Insurance Appraiser VS Other Jobs

Salary Comparison Between Insurance Appraiser and Insurance monthly Western Sahara
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The average salary for Insurance Appraiser is 2% more than that of Insurance. Also, Insurance salaries are 0% more than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Actuarial Analyst13,900 MAD+31%
Actuarial Assistant10,200 MAD-4%
Actuary13,300 MAD+25%
Adjustment Insurance Clerk3,700 MAD-65%
Assistant Broker6,300 MAD-41%
Assistant Claims Manager11,200 MAD+5%
Associate Insurance Representative5,510 MAD-48%
Auditing Insurance Manager15,400 MAD+45%
Broker10,000 MAD-6%
Claim Advocacy Professional10,400 MAD-2%
Claims Adjuster4,010 MAD-62%
Claims Analyst5,290 MAD-50%
Claims Examiner5,510 MAD-48%
Claims Manager14,100 MAD+33%
Claims Processor3,860 MAD-64%
Claims Representative4,440 MAD-58%
Claims Resolution Specialist11,600 MAD+9%
Claims Supervisor10,700 MAD+1%
Complaints Specialist9,900 MAD-7%
Compliance Officer8,190 MAD-23%
Consultant10,700 MAD+1%
Eligibility Specialist10,200 MAD-4%
Insurance Account Manager12,500 MAD+18%
Insurance Accounts Executive11,600 MAD+9%
Insurance Agent5,920 MAD-44%
Insurance Analyst10,400 MAD-2%
Insurance Appraiser10,600 MAD-0%
Insurance Claims Clerk3,700 MAD-65%
Insurance Examiner9,520 MAD-10%
Insurance Investigator10,200 MAD-4%
Insurance Manager17,800 MAD+67%
Insurance Operations Manager17,800 MAD+67%
Insurance Policy Processing Clerk3,780 MAD-64%
Insurance Pricing Assistant8,020 MAD-25%
Insurance Program Manager13,300 MAD+25%
Insurance Project Manager13,700 MAD+29%
Insurance Quality Assurance Agent8,590 MAD-19%
Insurance Sales Agent6,300 MAD-41%
Insurance Sales Director17,700 MAD+67%
Insurance Team Leader10,700 MAD+1%
Insurance Underwriter7,720 MAD-27%
Loss Control Specialist9,830 MAD-8%
Loss Prevention Investigator11,000 MAD+3%
Loss Prevention Manager14,500 MAD+36%
Loss Prevention Specialist11,100 MAD+4%
Marine Underwriter8,030 MAD-24%
Medical Auditor10,500 MAD-1%
Monitoring and Performance Officer7,040 MAD-34%
Payment Services Specialist10,600 MAD-0%
Policy Change Director15,600 MAD+47%
Policy Change Supervisor11,200 MAD+5%
Policy Change Technician5,220 MAD-51%
Risk Analyst11,800 MAD+11%
Risk Management Director19,300 MAD+82%
Risk Management Supervisor13,000 MAD+22%
Risk Manager20,100 MAD+89%
Risk Modeling Manager18,900 MAD+78%
Title Insurance Typist9,230 MAD-13%
Training Manager11,000 MAD+3%

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 Western Sahara earn 14% more than their private sector counterparts on average across all sectors.

Private Sector
9,540 MAD
Public Sector+14%
10,900 MAD
Percentage increase and decrease are relative to the previous value

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