Professor - Business Administration Average Salary in Zambia 2023
How much money does a person working as Professor - Business Administration make in Zambia?
LOW
4,700
ZMK AVERAGE
8,870
ZMK HIGH
13,500
ZMK
A person working as Professor - Business Administration in Zambia typically earns around 8,870 ZMK per month. Salaries range from 4,700 ZMK (lowest) to 13,500 ZMK (highest).
This is the average monthly salary including housing, transport, and other benefits. Professor - Business Administration salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Professor - Business Administration Pay Scale and Salaries in Zambia
Salary Structure and Pay Scale Comparison
7,960 ZMK or more
7,110 to 7,960 ZMK
5,240 ZMK or less
5,240 to 7,110 ZMK
 4,700 ZMK |
7,990 ZMK |
13,500 ZMK |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Professor - Business Administration salaries in Zambia range from 4,700 ZMK per month (starting salary) to 13,500 ZMK 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 7,990 ZMK per month, which means that half (50%) of people working as Professor - Business Administration(s) are earning less than 7,990 ZMK while the other half are earning more than 7,990 ZMK. 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 Professor - Business Administration(s) are earning less than 6,660 ZMK while 75% of them are earning more than 6,660 ZMK. Also from the diagram, 75% of Professor - Business Administration(s) are earning less than 9,050 ZMK while 25% are earning more than 9,050 ZMK.
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 5,240 ZMK to 7,110 ZMK. Approximatly 20% fall under the 5,240 ZMK cap. Ten percent of wages are from 7,110 ZMK to 7,960 ZMK. Only 5% of people grossed 7,960 ZMK or more.
Professor - Business Administration Salary Comparison by Years of Experience
How does experience and age affect your pay?
Professor - Business Administration average salary change by experience in Zambia
| 0 - 2 Years | 5,400 ZMK | |
| 2 - 5 Years | +23% | 6,630 ZMK |
| 5 - 10 Years | +42% | 9,400 ZMK |
| 10 - 15 Years | +17% | 11,000 ZMK |
| 15 - 20 Years | +10% | 12,100 ZMK |
| 20+ Years | +6% | 12,800 ZMK |
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 Professor - Business Administration salaries by experience level and this is what we found.
Employees with less than two years of experience makes approximately 5,400 ZMK per month.
While someone with an experience level between two and five years is expected to earn 6,630 ZMK per month, 23% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 9,400 ZMK per month, 42% more than someone with two to five years of experience.
Additionally, Professor - Business Administration whose expertise span anywhere between ten and fifteen years get a salary equivalent to 11,000 ZMK per month, 17% 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 12,100 ZMK per month, 10% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 12,800 ZMK per month, 6% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Professor - Business Administration Salary Comparison By Education
How do education levels affect salaries?
Displayed below is the average salary difference between different Professor - Business Administration(s) who have the same experience but different education levels.
Professor - Business Administration average salary difference by education level in Zambia
| Master's Degree | 7,420 ZMK | |
| PhD | +59% | 11,800 ZMK |
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 Professor - Business Administration salaries by education level in order to make a comparison.
When the education level is Master's Degree, the average salary is 7,420 ZMK per month.
While someone with a PhD gets a salary of 11,800 ZMK per month, 59% more than someone having a Master's Degree degree.
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 Zambia costs anywhere from 30,000 Zambian Kwacha(s) to 90,000 Zambian Kwacha(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
Salary and Compensation Comparison By Gender - Professor - Business Administration
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Professor - Business Administration employees in Zambia earn 13% more than their female counterparts on average.
| Male | 9,270 ZMK | |
| Female | -11% | 8,230 ZMK |
Salary Comparison By Gender in Zambia for all Careers
Professor - Business Administration Average Annual Salary Increment Percentage in Zambia
How much are annual salary increments in Zambia for Professor - Business Administration(s)? How often do employees get salary raises?
Professor - Business Administration
Professor - Business Administration(s) in Zambia are likely to observe a salary increase of approximately 8% every 30 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.
Zambia / 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 Zambia 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
Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Professor - Business Administration Bonus and Incentive Rates in Zambia
How much and how often are bonuses being awarded?
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"Professor - Business Administration" is considered to be a moderate bonus-based job. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.
65% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 35% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 3% to 5% of their annual salary.
| Received Bonus | 35% | |
| No Bonus | 65% |
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.
Professor - Business Administration Salary Trend and Forecast in Zambia
How are Professor - Business Administration salaries changing over time? Listed below is a chart that shows the average salary in recent years.
| Average Salary 2019 | 8,080 ZMK | |
| Average Salary 2020 | +3% | 8,310 ZMK |
| Average Salary 2021 | +3% | 8,590 ZMK |
| Average Salary 2022 | +1% | 8,700 ZMK |
Professor - Business Administration salaries in Zambia are on the rise in the year 2023 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2022 are 1% 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.
Professor - Business Administration Average Hourly Wage in Zambia
51 ZMK per hourThe average hourly wage (pay per hour) in Zambia is 51 ZMK. This means that the average Professor - Business Administration in Zambia earns approximately 51 ZMK 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 'Professor - Business Administration' in Zambia is 27 ZMK. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Professor - Business Administration VS Other Jobs
The average salary for Professor - Business Administration is 39% more than that of Teaching / Education. Also, Teaching / Education salaries are 6% more than those of All Jobs.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Academic Advisor | 6,200 ZMK |  -30% |
| Academic Coach | 6,400 ZMK | -28% |
| Academic Manager | 7,350 ZMK | -17% |
| Academic Specialist | 5,780 ZMK | -35% |
| Academic Staff | 4,720 ZMK | -47% |
| Accompanist | 5,030 ZMK | -43% |
| Achievement Coach | 6,460 ZMK | -27% |
| Admissions Specialist | 5,390 ZMK | -39% |
| Agricultural Sciences Teacher | 5,040 ZMK | -43% |
| Anthropology Teacher | 5,250 ZMK | -41% |
| Arabic Language Teacher | 4,810 ZMK | -46% |
| Archeology Teacher | 5,160 ZMK | -42% |
| Architecture Teacher | 5,850 ZMK | -34% |
| Archivist | 4,220 ZMK | -52% |
| Art Teacher | 4,450 ZMK | -50% |
| Assistant School Principal | 6,790 ZMK | -23% |
| Assistant Teacher | 4,200 ZMK | -53% |
| Biochemistry Professor | 8,940 ZMK |  +1% |
| Biology Teacher | 5,010 ZMK | -43% |
| Bursary Scheme Manager | 5,900 ZMK | -33% |
| Business Teacher | 5,180 ZMK | -42% |
| Chemistry Teacher | 4,990 ZMK | -44% |
| Child Care Coordinator | 4,850 ZMK | -45% |
| Child Care Worker | 4,080 ZMK | -54% |
| Clinical School Psychologist | 7,320 ZMK | -17% |
| College Aide | 6,340 ZMK | -28% |
| College and Career Readiness Specialist | 7,000 ZMK | -21% |
| College President | 11,100 ZMK | +25% |
| Communications Teacher | 4,970 ZMK | -44% |
| Community Education Officer | 4,200 ZMK | -53% |
| Computer Science Teacher | 4,570 ZMK | -48% |
| Computer Teacher | 4,760 ZMK | -46% |
| Creative Writing Trainer | 5,650 ZMK | -36% |
| Credit Counselor | 5,900 ZMK | -33% |
| Cultural Studies Teacher | 4,730 ZMK | -47% |
| Curriculum Developer | 6,490 ZMK | -27% |
| Curriculum Specialist | 6,530 ZMK | -26% |
| Demonstrator | 4,410 ZMK | -50% |
| Deputy Controller of Examinations | 6,100 ZMK | -31% |
| Director of Learning Technology | 6,510 ZMK | -27% |
| Distance Learning Coordinator | 5,390 ZMK | -39% |
| Economics Lecturer | 8,210 ZMK | -7% |
| Education Administrator | 5,440 ZMK | -39% |
| Education Assistant Director | 6,510 ZMK | -27% |
| Education Assistant Principal | 5,480 ZMK | -38% |
| Education Assistant Professor | 7,340 ZMK | -17% |
| Education Consultant | 7,010 ZMK | -21% |
| Education Coordinator | 5,210 ZMK | -41% |
| Education Counselor | 5,970 ZMK | -33% |
| Education Director | 8,510 ZMK | -4% |
| Education Program Specialist | 6,590 ZMK | -26% |
| Education Researcher | 7,030 ZMK | -21% |
| Education Resource Specialist | 5,570 ZMK | -37% |
| Education Services Facilitator | 5,540 ZMK | -38% |
| Educational Psychologist | 7,820 ZMK | -12% |
| EFL Teacher | 5,120 ZMK | -42% |
| eLearning Trainer | 4,530 ZMK | -49% |
| Elementary School Teacher | 3,930 ZMK | -56% |
| Engineering Lecturer | 8,100 ZMK | -9% |
| Engineering Teacher | 7,050 ZMK | -20% |
| English Teacher | 4,730 ZMK | -47% |
| ESL Teacher | 4,920 ZMK | -45% |
| Faculty Assistant | 6,490 ZMK | -27% |
| Foreign Language Teacher | 4,700 ZMK | -47% |
| GED Teacher | 4,360 ZMK | -51% |
| Geography Teacher | 4,960 ZMK | -44% |
| Head of Mathematics Department | 6,970 ZMK | -21% |
| Head of School | 8,050 ZMK | -9% |
| High School Teacher | 5,740 ZMK | -35% |
| History Teacher | 5,190 ZMK | -41% |
| Infant Teacher | 3,700 ZMK | -58% |
| Instructional Assistant | 5,110 ZMK | -42% |
| Instructor | 5,640 ZMK | -36% |
| Kindergarten Teacher | 4,050 ZMK | -54% |
| Language Instructor For Expatriate | 3,960 ZMK | -55% |
| Law Teacher | 6,970 ZMK | -21% |
| Learning Designer | 5,880 ZMK | -34% |
| Lecturer | 8,790 ZMK | -1% |
| Librarian | 3,960 ZMK | -55% |
| Library Assistant | 3,400 ZMK | -62% |
| Library Director | 5,940 ZMK | -33% |
| Library Specialist | 4,550 ZMK | -49% |
| Life Sciences Teacher | 4,940 ZMK | -44% |
| Math Lecturer | 9,430 ZMK | +6% |
| Mathematics Teacher | 5,600 ZMK | -37% |
| Mentor | 5,360 ZMK | -40% |
| Middle School Teacher | 5,030 ZMK | -43% |
| Music Teacher | 4,540 ZMK | -49% |
| Nursery Manager | 7,170 ZMK | -19% |
| Nursery Worker | 3,100 ZMK | -65% |
| Paraprofessional | 7,050 ZMK | -20% |
| Physical Education Specialist | 5,410 ZMK | -39% |
| Physical Education Teacher | 4,550 ZMK | -49% |
| Physics Teacher | 5,120 ZMK | -42% |
| Political Science Teacher | 5,020 ZMK | -43% |
| Post Doctoral Researcher | 8,240 ZMK | -7% |
| Preschool Education Administrator | 5,820 ZMK | -34% |
| Preschool Teacher | 4,120 ZMK | -54% |
| Primary School Teacher | 4,330 ZMK | -51% |
| Principal | 6,960 ZMK | -21% |
| Product Specialist | 5,630 ZMK | -36% |
| Professor - Accounting | 9,020 ZMK | +2% |
| Professor - Architecture | 9,550 ZMK | +8% |
| Professor - Biology | 8,730 ZMK | -2% |
| Professor - Business Administration | 8,870 ZMK | +0% |
| Professor - Chemical Engineering | 9,170 ZMK | +3% |
| Professor - Chemistry | 9,410 ZMK | +6% |
| Professor - Civil Engineering | 8,230 ZMK | -7% |
| Professor - Communication | 8,520 ZMK | -4% |
| Professor - Computer Science | 9,340 ZMK | +5% |
| Professor - Dentistry | 9,190 ZMK | +4% |
| Professor - Drama | 8,810 ZMK | -1% |
| Professor - Economics | 8,960 ZMK | +1% |
| Professor - Education | 9,210 ZMK | +4% |
| Professor - Electrical Engineering | 9,980 ZMK | +13% |
| Professor - English | 8,540 ZMK | -4% |
| Professor - Environmental Engineering | 9,520 ZMK | +7% |
| Professor - Foreign Languages | 8,330 ZMK | -6% |
| Professor - Geological Sciences | 8,990 ZMK | +1% |
| Professor - History | 8,550 ZMK | -4% |
| Professor - Industrial Engineering | 8,850 ZMK | -0% |
| Professor - Law | 10,000 ZMK | +13% |
| Professor - Legal Support | 8,410 ZMK | -5% |
| Professor - Liberal Arts | 9,160 ZMK | +3% |
| Professor - Marketing | 9,180 ZMK | +4% |
| Professor - Mathematics | 9,440 ZMK | +6% |
| Professor - Mechanical Engineering | 9,620 ZMK | +9% |
| Professor - Medical Administration | 9,140 ZMK | +3% |
| Professor - Medicine | 10,700 ZMK | +21% |
| Professor - Music | 8,550 ZMK | -4% |
| Professor - Nursing | 8,290 ZMK | -6% |
| Professor - Pharmaceutical Sciences | 9,100 ZMK | +3% |
| Professor - Philosophy | 8,660 ZMK | -2% |
| Professor - Physical Therapy | 9,490 ZMK | +7% |
| Professor - Physics | 10,200 ZMK | +15% |
| Professor - Psychology | 8,740 ZMK | -1% |
| Professor - Rehabilitation | 8,500 ZMK | -4% |
| Professor - Social Work | 7,870 ZMK | -11% |
| Professor - Sociology | 8,970 ZMK | +1% |
| Professor - Special Education | 8,600 ZMK | -3% |
| Psychology Teacher | 7,500 ZMK | -15% |
| Public Management Assistant Professor | 7,770 ZMK | -12% |
| School Counselor | 6,590 ZMK | -26% |
| Science Educator | 4,990 ZMK | -44% |
| Science Laboratory Assistant | 4,460 ZMK | -50% |
| Science Teacher | 5,200 ZMK | -41% |
| Secondary Mathematics Teacher | 4,970 ZMK | -44% |
| Secondary School Teacher | 4,660 ZMK | -47% |
| Special Education Teacher | 5,180 ZMK | -42% |
| Special Needs Assistant | 4,390 ZMK | -50% |
| Statistics Lecturer | 8,680 ZMK | -2% |
| Student Accounts Coordinator | 4,970 ZMK | -44% |
| Student Development Specialist | 5,870 ZMK | -34% |
| Student Employment Specialist | 5,810 ZMK | -34% |
| Student Services | 4,550 ZMK | -49% |
| Student Support Manager | 6,120 ZMK | -31% |
| Substitute Teacher | 4,110 ZMK | -54% |
| Teacher | 4,350 ZMK | -51% |
| Teacher Aide | 4,090 ZMK | -54% |
| Teacher Trainer | 5,810 ZMK | -34% |
| Training and Development Specialist | 6,540 ZMK | -26% |
| Training Coordinator | 4,300 ZMK | -52% |
| Tutor | 4,890 ZMK | -45% |
| University Teacher | 8,280 ZMK | -7% |
| Vocational Education Teacher | 4,830 ZMK | -46% |
Salary Comparison By City
| City | Average Salary |
| Lusaka | 9,190 ZMK |
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 Zambia earn 17% more than their private sector counterparts on average across all sectors.
| Private Sector | 5,580 ZMK | |
| Public Sector | +17% | 6,540 ZMK |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for Professor - Business Administration in Zambia?
A good and competitive compensation would range anywhere between 7,990 ZMK and 9,050 ZMK. 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 Professor - Business Administration in Zambia is ranges from 6,660 ZMK to 9,050 ZMK. 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.
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
