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Insurance Appraiser Average Salary in Chad 2021

How much money does an Insurance Appraiser make in Chad?

Average Monthly Salary
497,000 XAF
( 5,970,000 XAF yearly)


A person working as an Insurance Appraiser in Chad typically earns around 497,000 XAF per month. Salaries range from 259,000 XAF (lowest) to 761,000 XAF (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 Chad

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

  • Salary Range

    Insurance Appraiser salaries in Chad range from 259,000 XAF per month (minimum salary) to 761,000 XAF per month (maximum salary).

  • Median Salary

    The median salary is 477,000 XAF per month, which means that half (50%) of people working as Insurance Appraiser(s) are earning less than 477,000 XAF while the other half are earning more than 477,000 XAF. 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 331,000 XAF while 75% of them are earning more than 331,000 XAF. Also from the diagram, 75% of Insurance Appraiser(s) are earning less than 594,000 XAF while 25% are earning more than 594,000 XAF.

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 Chad 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 294,000 XAF per month.

While someone with an experience level between two and five years is expected to earn 394,000 XAF 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 512,000 XAF 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 620,000 XAF 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 678,000 XAF 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 713,000 XAF per month, 5% more than people with fifteen to twenty years of experience.

Insurance Appraiser average salary change by experience in Chad

0 - 2 Years
294,000 XAF
2 - 5 Years+34%
394,000 XAF
5 - 10 Years+30%
512,000 XAF
10 - 15 Years+21%
620,000 XAF
15 - 20 Years+9%
678,000 XAF
20+ Years+5%
713,000 XAF
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 Chad 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 369,000 XAF per month.

While someone with a Bachelor's Degree gets a salary of 665,000 XAF per month, 80% more than someone having a Certificate or Diploma degree.

Insurance Appraiser average salary difference by education level in Chad

Certificate or Diploma
369,000 XAF
Bachelor's Degree+80%
665,000 XAF
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 Chad 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 Chad earn 13% more than their female counterparts on average.

535,000 XAF
473,000 XAF
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Chad for all Careers

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

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

Insurance Appraiser

Insurance Appraiser(s) in Chad 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 Chad 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.

Chad / 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 Chad is 2%.

Annual Increment Rate By Industry 2020

Information Technology

Listed above are the average annual increase rates for each industry in Chad for the year 2020. 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 Chad

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Chad 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
No Bonus

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.

A graphics designer working for a graphics designing company.

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 Chad

2,870 XAF per hour

The average hourly wage (pay per hour) in Chad is 2,870 XAF. This means that the average Insurance Appraiser in Chad earns approximately 2,870 XAF 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 Chad
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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 Analyst666,000 XAF+34%
Actuarial Assistant442,000 XAF-11%
Actuary631,000 XAF+27%
Adjustment Insurance Clerk177,000 XAF-64%
Assistant Broker323,000 XAF-35%
Assistant Claims Manager542,000 XAF+9%
Associate Insurance Representative260,000 XAF-48%
Auditing Insurance Manager740,000 XAF+49%
Broker479,000 XAF-4%
Claim Advocacy Professional480,000 XAF-3%
Claims Adjuster174,000 XAF-65%
Claims Analyst255,000 XAF-49%
Claims Examiner266,000 XAF-47%
Claims Manager680,000 XAF+37%
Claims Processor187,000 XAF-62%
Claims Representative217,000 XAF-56%
Claims Resolution Specialist537,000 XAF+8%
Claims Supervisor470,000 XAF-5%
Complaints Specialist471,000 XAF-5%
Compliance Officer394,000 XAF-21%
Consultant479,000 XAF-4%
Eligibility Specialist496,000 XAF-0%
Insurance Account Manager589,000 XAF+18%
Insurance Accounts Executive506,000 XAF+2%
Insurance Agent281,000 XAF-43%
Insurance Analyst504,000 XAF+1%
Insurance Appraiser497,000 XAF-0%
Insurance Claims Clerk174,000 XAF-65%
Insurance Examiner447,000 XAF-10%
Insurance Investigator479,000 XAF-4%
Insurance Manager833,000 XAF+68%
Insurance Operations Manager876,000 XAF+76%
Insurance Policy Processing Clerk178,000 XAF-64%
Insurance Pricing Assistant394,000 XAF-21%
Insurance Program Manager615,000 XAF+24%
Insurance Project Manager611,000 XAF+23%
Insurance Quality Assurance Agent415,000 XAF-17%
Insurance Sales Agent298,000 XAF-40%
Insurance Sales Director767,000 XAF+54%
Insurance Team Leader541,000 XAF+9%
Insurance Underwriter355,000 XAF-29%
Loss Control Specialist459,000 XAF-8%
Loss Prevention Investigator516,000 XAF+4%
Loss Prevention Manager680,000 XAF+37%
Loss Prevention Specialist520,000 XAF+5%
Marine Underwriter352,000 XAF-29%
Medical Auditor492,000 XAF-1%
Monitoring and Performance Officer347,000 XAF-30%
Payment Services Specialist497,000 XAF-0%
Policy Change Director760,000 XAF+53%
Policy Change Supervisor547,000 XAF+10%
Policy Change Technician231,000 XAF-54%
Risk Analyst525,000 XAF+6%
Risk Management Director950,000 XAF+91%
Risk Management Supervisor640,000 XAF+29%
Risk Manager899,000 XAF+81%
Risk Modeling Manager937,000 XAF+88%
Title Insurance Typist414,000 XAF-17%
Training Manager564,000 XAF+13%

Salary Comparison By City

CityAverage Salary
NDjamena562,000 XAF

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

Private Sector
448,000 XAF
Public Sector+14%
512,000 XAF
Percentage increase and decrease are relative to the previous value
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