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Executive and Management Average Salaries in Burkina Faso 2020

How much money does a person working in Executive and Management make in Burkina Faso?


Average Monthly Salary
451,000 XOF
( 5,420,000 XOF yearly)

LOW
148,000
XOF
AVERAGE
451,000
XOF
HIGH
739,000
XOF

A person working in Executive and Management in Burkina Faso typically earns around 451,000 XOF per month. Salaries range from 148,000 XOF (lowest average) to 739,000 XOF (highest average, actual maximum salary is higher).

This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Executive and Management careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Salaries for specific jobs

Job TitleAverage Salary
Account Coordinator306,000 XOF
Administration Manager388,000 XOF
Area Manager337,000 XOF
Asset Protection Associate425,000 XOF
Assistant Director392,000 XOF
Assistant Manager418,000 XOF
Assistant Operations Manager418,000 XOF
Assistant Project Manager384,000 XOF
Assistant Section Head341,000 XOF
Assistant to CEO359,000 XOF
Assistant Vice President399,000 XOF
Associate Director405,000 XOF
Bid Manager462,000 XOF
Branch Manager439,000 XOF
Business Development Manager460,000 XOF
Business Operations Associate400,000 XOF
Business Operations Lead386,000 XOF
Campaign Manager448,000 XOF
Chairman of The Board695,000 XOF
Chairman Office Manager473,000 XOF
Chief Corporate Officer600,000 XOF
Chief Executive Officer718,000 XOF
Chief Financial Officer659,000 XOF
Chief of Staff349,000 XOF
Chief Operating Officer558,000 XOF
Chief Risk Officer466,000 XOF
Client Services Manager461,000 XOF
Commercial Project Manager415,000 XOF
Commodity Broker327,000 XOF
Corporate Affairs Executive454,000 XOF
Corporate Compliance Director500,000 XOF
Corporate Director492,000 XOF
Corporate Officer336,000 XOF
Corporate Partnerships Officer345,000 XOF
Country Manager556,000 XOF
Deputy Director526,000 XOF
Director584,000 XOF
Director of Accreditation510,000 XOF
Director of Catering Services429,000 XOF
Director of Client Services479,000 XOF
Director of Facilities Management407,000 XOF
Director of Operations510,000 XOF
Director of Process Simplification386,000 XOF
Director of Project Management498,000 XOF
Director of Revenue Management453,000 XOF
Director of Training and Development462,000 XOF
Distribution Manager511,000 XOF
Division Manager450,000 XOF
Duty Manager431,000 XOF
Engagement Manager549,000 XOF
Executive Director761,000 XOF
Executive Manager590,000 XOF
Franchise Manager657,000 XOF
General Manager563,000 XOF
Global Master Data Manager502,000 XOF
Head of Middle Office467,000 XOF
Head of Projects478,000 XOF
Head of Sustainability417,000 XOF
Housing Manager414,000 XOF
HSE Manager432,000 XOF
Key Account Manager417,000 XOF
Knowledge Manager490,000 XOF
Location Manager469,000 XOF
Logistics Manager387,000 XOF
Management Consultant396,000 XOF
Management Executive530,000 XOF
Manager479,000 XOF
Managing Director620,000 XOF
MIS Executive505,000 XOF
Ocean Services Manager546,000 XOF
Operations Assistant373,000 XOF
Operations Director572,000 XOF
Operations Executive521,000 XOF
Operations Manager554,000 XOF
Operations Supervisor483,000 XOF
Policy Administration Executive443,000 XOF
Private Sector Executive422,000 XOF
Product Development Manager481,000 XOF
Product Executive422,000 XOF
Production Executive505,000 XOF
Production Manager499,000 XOF
Production Supervisor439,000 XOF
Program Manager499,000 XOF
Programme Coordinator364,000 XOF
Project Control Manager511,000 XOF
Project Coordinator316,000 XOF
Project Management Officer368,000 XOF
Project Manager388,000 XOF
Project Portfolio Manager389,000 XOF
Quality Manager392,000 XOF
R/D Director434,000 XOF
Regional Director690,000 XOF
Regional Manager527,000 XOF
Relationship Manager515,000 XOF
Retail District Manager346,000 XOF
Revenue Manager400,000 XOF
Risk and Capital Manager555,000 XOF
Risk Officer384,000 XOF
Safety Manager382,000 XOF
Section Head379,000 XOF
Service Manager398,000 XOF
Shift Supervisor314,000 XOF
Solutions Manager362,000 XOF
Supervisor300,000 XOF
Supply Chain Manager542,000 XOF
Surveyor343,000 XOF
Technical Manager503,000 XOF
Territory Manager497,000 XOF
Validation Manager415,000 XOF
Vice President608,000 XOF
Zone Manager542,000 XOF

Executive and Management Jobs Salary Distribution in Burkina Faso

Median and salary distribution monthly Burkina Faso Executive and Management
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The median, the maximum, the minimum, and the range

  • Salary Range

    Executive and Management salaries in Burkina Faso range from 148,000 XOF per month (minimum average salary) to 739,000 XOF per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 460,000 XOF per month, which means that half (50%) of people working in Executive and Management are earning less than 460,000 XOF while the other half are earning more than 460,000 XOF. 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 people working in Executive and Management are earning less than 274,000 XOF while 75% of them are earning more than 274,000 XOF. Also from the diagram, 75% of people working in Executive and Management are earning less than 612,000 XOF while 25% are earning more than 612,000 XOF.


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

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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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.

Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.


Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.

As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.

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.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.


Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.

Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma.

Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.

Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.


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 Burkina Faso costs anywhere from 1,660,000 CFA Franc BCEAO(s) to 4,970,000 CFA Franc BCEAO(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 this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.

Executive and Management Salary Comparison By Gender

Salary comparison by gender monthly Burkina Faso Executive and Management
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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 employees in Burkina Faso who work in Executive and Management earn 18% more than their female counterparts on average.

Female
406,000 XOF
Male+18%
479,000 XOF
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Burkina Faso for all Careers

Salary comparison by gender monthly Burkina Faso
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Executive and Management Average Annual Salary Increment Percentage in Burkina Faso

How much are annual salary increments in Burkina Faso for Executive and Management professionals? How often do employees get salary raises?

Executive and Management

Executive and Management professionals in Burkina Faso are likely to observe a salary increase of approximately 8% every 25 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Burkina Faso Executive and Management
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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.

Burkina Faso / 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 Burkina Faso is 2%.

Annual Increment Rate By Industry 2019

Banking
7%
Energy
5%
Information Technology
3%
Healthcare
1%
Travel
8%
Construction
6%
Education
4%

Listed above are the average annual increase rates for each industry in Burkina Faso 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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Executive and Management Bonus and Incentive Rates in Burkina Faso

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Burkina Faso Executive and Management
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Executive and Management is considered to be a high bonus-based field 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.

39% of surveyed staff in Executive and Management reported that they haven't received any bonuses or incentives in the previous year while 61% 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
61%
No Bonus
39%

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.

Government vs Private Sector Salary Comparison

Public vs private sector salaries monthly Burkina Faso
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Where can you get paid more, working for a private company or for the government? Public sector employees in Burkina Faso earn 10% more than their private sector counterparts on average across all sectors.

Private Sector
321,000 XOF
Public Sector+10%
355,000 XOF
Percentage increase and decrease are relative to the previous value

Executive and Management Hourly Average Wage in Burkina Faso


2,600 XOF per hour

The average hourly wage (pay per hour) in Burkina Faso is 2,600 XOF. This means that the average person in Burkina Faso earns approximately 2,600 XOF 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.

Executive and Management VS Other Jobs

Salary Comparison Between Executive and Management and Executive and Management monthly Burkina Faso
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The average salary for Executive and Management is 36% more than that of All Jobs.

Salary Comparison By City

CityAverage Salary
Ouagadougou488,000 XOF
0 - 0

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