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Professor - Business Administration Average Salary in Zambia 2024

How much money does a person working as Professor - Business Administration make in Zambia?


Average Monthly Salary
8,870 ZMK
( 106,000 ZMK yearly)

LOW
4,700
ZMK
AVERAGE
8,870
ZMK
HIGH
13,500
ZMK
All salary figures displayed here are per month except when noted otherwise.
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 salary after tax for every career.

A person working as Professor - Business Administration in Zambia typically earns around 8,870 ZMK. Salaries range from 4,700 ZMK (lowest) to 13,500 ZMK (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Professor - Business Administration salaries in Zambia 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

Median and salary distribution Zambia Professor - Business Administration monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
7,960 ZMK or more
10% of people earn
7,110 to 7,960 ZMK
20% of people earn
5,240 ZMK or less
65% of people earn
5,240 to 7,110 ZMK
Minimum Salary
4,700 ZMK
Median
7,990 ZMK
Maximum
13,500 ZMK




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

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Professor - Business Administration in Zambia range from 4,700 ZMK (starting salary) to 13,500 ZMK (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 7,990 ZMK, half of the professionals who work as Professor - Business Administration in Zambia earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Professor - Business Administration in Zambia earn less than 6,660 ZMK, while 75% earn more. Similarly, the chart shows that 75% earn less than 9,050 ZMK while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Professor - Business Administration in Zambia compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 5,240 ZMK to 7,110 ZMK. About 20% of salaries are below the 5,240 ZMK mark, while 10% fall within the range of 7,110 ZMK to 7,960 ZMK. Only 5% of individuals have salaries exceeding 7,960 ZMK.

Salary Comparison by Years of Experience / Professor - Business Administration / Zambia

How do experience and age affect pay?

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
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Zambia Professor - Business Administration
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The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Professor - Business Administration and this is what we found.


All salary figures displayed here are per month except when noted otherwise.

Employees with less than two years of experience earn approximately 5,400 ZMK.

While someone with an experience level between two and five years is expected to earn 6,630 ZMK, 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, 42% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 11,000 ZMK, 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, 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, 6% more than people with fifteen to twenty 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.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Professor - Business Administration / Zambia

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Professor - Business Administration.

Master's Degree
7,420 ZMK
PhD+59%
11,800 ZMK
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Zambia Professor - Business Administration
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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 salaries by education level for the position Professor - Business Administration in order to make a comparison.


Level 1: Master's Degree

Employees at this education level have an average salary of 7,420 ZMK.


Level 2: PhD

At this level, the average salary becomes 11,800 ZMK, 59% more than the previous level.



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 30,100 ZMK to 90,300 ZMK 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 to a higher-paying job. The numbers seem to support the theory. 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 Comparison By Education Level
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Salary and Compensation Comparison By Gender / Professor - Business Administration / Zambia

Salary comparison by gender Zambia Professor - Business Administration monthly
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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? For the people who work as Professor - Business Administration in Zambia, the average difference between the salary of male and female employees is 13%.

Male
9,270 ZMK
Female-11%
8,230 ZMK
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Zambia for all Careers

Salary comparison by gender monthly Zambia
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Average Annual Salary Increment Percentage / Professor - Business Administration / Zambia

How much are annual salary increments in Zambia for individuals working as Professor - Business Administration? How often do employees get salary raises?

Individuals working as Professor - Business Administration 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.

Annual Salary Increment Rate Zambia Professor - Business Administration
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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.

Zambia / All Professions

Annual Salary Increment Rate Zambia
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare 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 Zambia is 2%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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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.



Bonus and Incentive Rates / Professor - Business Administration / Zambia

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Zambia Professor - Business Administration
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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 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.

Average Hourly Wage / Professor - Business Administration / Zambia


51 ZMK per hour

The average hourly wage (pay per hour) for individuals working as Professor - Business Administration in Zambia is 51 ZMK.This is the rate they get paid for every worked hour.


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

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 fixed 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 people working as 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.

Salary comparison with similar jobs

Job TitleAverage Salary
Teaching / Education-100%
Academic Advisor6,200 ZMK-30%
Academic Assistant4,720 ZMK-47%
Academic Coach6,400 ZMK-28%
Academic Librarian4,490 ZMK-49%
Academic Manager7,350 ZMK-17%
Academic Specialist5,780 ZMK-35%
Academic Staff4,720 ZMK-47%
Accompanist5,030 ZMK-43%
Achievement Coach6,460 ZMK-27%
Admissions Specialist5,400 ZMK-39%
Agricultural Sciences Teacher5,040 ZMK-43%
Anthropology Teacher5,250 ZMK-41%
Arabic Language Teacher4,810 ZMK-46%
Archeology Teacher5,170 ZMK-42%
Architecture Teacher5,850 ZMK-34%
Archivist4,220 ZMK-52%
Art Teacher4,450 ZMK-50%
Assistant School Principal6,790 ZMK-23%
Assistant Teacher4,200 ZMK-53%
Biochemistry Professor 8,940 ZMK+1%
Biology Teacher5,010 ZMK-43%
Blended Learning Specialist6,440 ZMK-27%
Bursary Scheme Manager5,900 ZMK-33%
Business Teacher5,180 ZMK-42%
Careers Advisor6,260 ZMK-29%
Careers Consultant6,300 ZMK-29%
Chemistry Teacher4,990 ZMK-44%
Chief Remote Learning Officer8,040 ZMK-9%
Child Care Coordinator4,850 ZMK-45%
Child Care Worker4,080 ZMK-54%
Childcare Worker4,000 ZMK-55%
Classroom Assistant3,870 ZMK-56%
Clinical School Psychologist7,320 ZMK-17%
Coding Coach5,540 ZMK-38%
College Aide6,340 ZMK-28%
College and Career Readiness Specialist7,000 ZMK-21%
College Dean11,700 ZMK+32%
College President11,100 ZMK+25%
Communications Teacher4,970 ZMK-44%
Community Education Officer4,200 ZMK-53%
Computer Science Teacher4,570 ZMK-48%
Computer Teacher4,760 ZMK-46%
Creative Writing Trainer5,650 ZMK-36%
Credit Counselor5,900 ZMK-33%
Cultural Studies Teacher4,730 ZMK-47%
Curriculum Coordinator6,040 ZMK-32%
Curriculum Developer6,490 ZMK-27%
Curriculum Specialist6,530 ZMK-26%
Dean of Faculty10,600 ZMK+20%
Demonstrator4,410 ZMK-50%
Deputy Controller of Examinations6,100 ZMK-31%
Digital Citizenship Educator5,050 ZMK-43%
Digital Literacy Instructor4,960 ZMK-44%
Director of Learning Technology6,510 ZMK-27%
Distance Learning Coordinator5,400 ZMK-39%
E-Learning Consultant7,010 ZMK-21%
E-learning Content Developer7,020 ZMK-21%
E-Learning Designer6,360 ZMK-28%
Economics Lecturer8,210 ZMK-7%
Economics Teacher5,000 ZMK-44%
EdTech Compliance Manager5,280 ZMK-40%
EdTech Consultant5,690 ZMK-36%
EdTech Content Creator5,550 ZMK-37%
Education Administrator5,440 ZMK-39%
Education Assistant4,560 ZMK-49%
Education Assistant Director6,510 ZMK-27%
Education Assistant Librarian3,850 ZMK-57%
Education Assistant Principal5,480 ZMK-38%
Education Assistant Professor7,340 ZMK-17%
Education Associate4,840 ZMK-45%
Education Consultant6,480 ZMK-27%
Education Coordinator5,210 ZMK-41%
Education Counselor5,970 ZMK-33%
Education Director8,510 ZMK-4%
Education Policy Analyst6,940 ZMK-22%
Education Program Specialist6,590 ZMK-26%
Education Researcher7,030 ZMK-21%
Education Resource Specialist5,570 ZMK-37%
Education Services Facilitator5,540 ZMK-38%
Education Technology Specialist5,840 ZMK-34%
Educational Content Writer6,120 ZMK-31%
Educational Data Privacy Officer6,110 ZMK-31%
Educational Psychologist7,820 ZMK-12%
EFL Teacher5,120 ZMK-42%
eLearning Trainer4,530 ZMK-49%
Elementary School Teacher3,940 ZMK-56%
Engineering Lecturer8,100 ZMK-9%
Engineering Teacher7,050 ZMK-20%
English Teacher4,730 ZMK-47%
ESL Teacher4,920 ZMK-45%
Faculty Assistant6,490 ZMK-27%
Foreign Language Teacher4,700 ZMK-47%
GED Teacher4,360 ZMK-51%
Geography Teacher4,960 ZMK-44%
Head of Mathematics Department6,970 ZMK-21%
Head of School8,050 ZMK-9%
High School Teacher5,740 ZMK-35%
History Teacher5,190 ZMK-41%
Infant Teacher3,710 ZMK-58%
Instructional Assistant5,110 ZMK-42%
Instructional Coach5,670 ZMK-36%
Instructor5,640 ZMK-36%
Kindergarten Teacher4,050 ZMK-54%
Language Instructor For Expatriate3,960 ZMK-55%
Law Teacher6,970 ZMK-21%
Learning Designer5,880 ZMK-34%
Learning Experience Designer7,270 ZMK-18%
Learning Management System Administrator5,380 ZMK-39%
Lecturer8,790 ZMK-1%
Librarian3,960 ZMK-55%
Library Assistant3,400 ZMK-62%
Library Director5,940 ZMK-33%
Library Specialist4,550 ZMK-49%
Library Technician3,780 ZMK-57%
Life Sciences Teacher4,940 ZMK-44%
Makerspace Coordinator and Facilitator4,510 ZMK-49%
Math Lecturer9,430 ZMK+6%
Math Teacher5,880 ZMK-34%
Mathematics Teacher5,600 ZMK-37%
Mentor5,360 ZMK-40%
Middle School Teacher5,030 ZMK-43%
Music Teacher4,540 ZMK-49%
Nursery Manager7,170 ZMK-19%
Nursery Worker3,100 ZMK-65%
Online Course Developer5,860 ZMK-34%
Online Course Instructor5,730 ZMK-35%
Online Learning Facilitator5,100 ZMK-42%
Online Tutor4,780 ZMK-46%
Paraprofessional7,050 ZMK-20%
Personalized Learning Specialist6,390 ZMK-28%
Physical Education Specialist5,410 ZMK-39%
Physical Education Teacher4,550 ZMK-49%
Physics Teacher 5,120 ZMK-42%
Political Science Teacher5,020 ZMK-43%
Post Doctoral Researcher8,240 ZMK-7%
Preschool Education Administrator5,820 ZMK-34%
Preschool Teacher4,120 ZMK-54%
Primary School Teacher4,330 ZMK-51%
Principal6,960 ZMK-21%
Product Specialist5,630 ZMK-36%
Professor - Accounting9,020 ZMK+2%
Professor - Architecture9,550 ZMK+8%
Professor - Biology8,730 ZMK-2%
Professor - Business Administration8,870 ZMK+0%
Professor - Chemical Engineering9,170 ZMK+3%
Professor - Chemistry9,410 ZMK+6%
Professor - Civil Engineering8,230 ZMK-7%
Professor - Communication8,520 ZMK-4%
Professor - Computer Science9,340 ZMK+5%
Professor - Dentistry9,190 ZMK+4%
Professor - Drama8,810 ZMK-1%
Professor - Economics8,970 ZMK+1%
Professor - Education9,210 ZMK+4%
Professor - Electrical Engineering9,980 ZMK+13%
Professor - English8,540 ZMK-4%
Professor - Environmental Engineering9,520 ZMK+7%
Professor - Foreign Languages8,330 ZMK-6%
Professor - Geological Sciences8,990 ZMK+1%
Professor - History8,550 ZMK-4%
Professor - Industrial Engineering8,850 ZMK-0%
Professor - Law10,000 ZMK+13%
Professor - Legal Support8,410 ZMK-5%
Professor - Liberal Arts9,160 ZMK+3%
Professor - Marketing9,180 ZMK+4%
Professor - Mathematics9,440 ZMK+6%
Professor - Mechanical Engineering9,620 ZMK+9%
Professor - Medical Administration9,140 ZMK+3%
Professor - Medicine10,700 ZMK+21%
Professor - Music8,550 ZMK-4%
Professor - Nursing8,290 ZMK-6%
Professor - Pharmaceutical Sciences9,100 ZMK+3%
Professor - Philosophy8,660 ZMK-2%
Professor - Physical Therapy9,490 ZMK+7%
Professor - Physics10,200 ZMK+15%
Professor - Psychology8,740 ZMK-1%
Professor - Rehabilitation8,500 ZMK-4%
Professor - Social Work7,870 ZMK-11%
Professor - Sociology8,970 ZMK+1%
Professor - Special Education8,600 ZMK-3%
Psychology Teacher7,500 ZMK-15%
Public Management Assistant Professor7,770 ZMK-12%
School Counselor6,590 ZMK-26%
Science Educator4,990 ZMK-44%
Science Laboratory Assistant4,460 ZMK-50%
Science Teacher5,200 ZMK-41%
Secondary Mathematics Teacher4,970 ZMK-44%
Secondary School Teacher4,660 ZMK-47%
Special Education Advocate6,710 ZMK-24%
Special Education Teacher5,180 ZMK-42%
Special Needs Assistant4,400 ZMK-50%
Statistics Lecturer8,680 ZMK-2%
STEAM Educator4,910 ZMK-45%
STEM Educator4,550 ZMK-49%
Student Accounts Coordinator4,970 ZMK-44%
Student Development Specialist5,870 ZMK-34%
Student Employment Specialist5,810 ZMK-34%
Student Services4,550 ZMK-49%
Student Services Coordinator4,400 ZMK-50%
Student Support Manager6,120 ZMK-31%
Substitute Teacher4,110 ZMK-54%
Teacher4,350 ZMK-51%
Teacher Aide4,090 ZMK-54%
Teacher Trainer5,810 ZMK-34%
Teaching Assistant3,940 ZMK-56%
TEFL Teacher5,080 ZMK-43%
Training and Development Specialist6,540 ZMK-26%
Training Coordinator4,300 ZMK-52%
Tutor4,890 ZMK-45%
University Teacher8,280 ZMK-7%
Virtual Teacher4,460 ZMK-50%
Vocational Education Teacher4,830 ZMK-46%

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Zambia is 17% on average across all career fields.

Private Sector
5,600 ZMK
Public Sector+17%
6,560 ZMK
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title 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. Experience and education play a very huge part in the 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 salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Professor - Business Administration in Zambia ranges from 4,700 ZMK to 6,660 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 with 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 the average and the median then you are doing very well. If your salary is lower than both, then many people earn 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


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