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Average Salary in Huambo 2020

How much money does a person working in Huambo make?


Average Monthly Salary
285,000 AOA
( 3,420,000 AOA yearly)

LOW
72,000
AOA
AVERAGE
285,000
AOA
HIGH
1,270,000
AOA

A person working in Huambo typically earns around 285,000 AOA per month. Salaries range from 72,000 AOA (lowest average) to 1,270,000 AOA (highest average, actual maximum salary is higher).

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

Distribution of Salaries in Huambo

Median and salary distribution monthly Huambo
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The median, the maximum, the minimum, and the range

  • Salary Range

    Salaries in Huambo range from 72,000 AOA per month (minimum salary) to 1,270,000 AOA per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 302,000 AOA per month, which means that half (50%) of the population are earning less than 302,000 AOA while the other half are earning more than 302,000 AOA. 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 the population are earning less than 168,000 AOA while 75% of them are earning more than 168,000 AOA. Also from the diagram, 75% of the population are earning less than 834,000 AOA while 25% are earning more than 834,000 AOA.


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 Angola costs anywhere from 1,310,000 Kwanza(s) to 3,920,000 Kwanza(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.



Salary Comparison By Gender

Salary comparison by gender monthly Angola
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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 Angola earn 12% more than their female counterparts on avergae across all sectors.

Female
253,000 AOA
Male+12%
283,000 AOA
Percentage increase and decrease are relative to the previous value

Average Annual Salary Increment Percentage in Angola

How much are annual salary increments in Angola? How often do employees get salary raises?

Angola

Employees in Angola are likely to observe a salary increase of approximately 7% every 20 months.

Annual Salary Increment Rate Angola
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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.

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 Angola is 4%.

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 Angola 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.


Average Salary Increase Rate by Experience Level

Junoir Level
3% - 5%
Mid-Career
6% - 9%
Senior Level
10% - 15%
Top Management
15% - 20%

The difference in increment rates is somehow justified because employers put more effort to retain more experienced staff since they are harder to acquire than less experienced ones.

Worldwide Salary Raises: All Countries and All Jobs

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Bonus and Incentive Rates in Angola

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Angola
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49% of surveyed staff in Angola reported that they haven't received any bonuses or incentives in the previous year while 51% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.

Received Bonus
51%
No Bonus
49%

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.


Bonus Rates Comparison by Career Field

Finance
High
Architecture
High
Sales
High
Business Development
High
Marketing / Advertising
High
Information Technology
Moderate
Healthcare
Moderate
Insurance
Moderate
Customer Service
Moderate
Human Resources
Moderate
Construction
Low
Transport
Low
Hospitality
Low

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 Angola
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Where can you get paid more, working for a private company or for the government? Public sector employees in Angola earn 8% more than their private sector counterparts on average across all sectors.

Private Sector
254,000 AOA
Public Sector+8%
275,000 AOA
Percentage increase and decrease are relative to the previous value

Salaries for popular jobs

Job TitleAverage Salary
Accounting and Finance
Accountant189,000 AOA
Accounting Assistant154,000 AOA
Accounting Manager424,000 AOA
Bookkeeper138,000 AOA
Chartered Accountant257,000 AOA
Corporate Treasurer394,000 AOA
Financial Analyst370,000 AOA
Financial Manager539,000 AOA
Internal Auditor256,000 AOA

Administration / Reception / Secretarial
Administrative Assistant153,000 AOA
Office Manager246,000 AOA
Receptionist103,000 AOA
Secretary124,000 AOA

Advertising / Grapic Design / Events
Art Director281,000 AOA
Creative Director283,000 AOA
Graphic Designer184,000 AOA
Photographer160,000 AOA

Airlines / Aviation / Aerospace / Defense
Aerospace Engineer354,000 AOA
Air Traffic Controller318,000 AOA
Flight Attendant186,000 AOA
Pilot476,000 AOA

Architecture
Architect353,000 AOA
CAD Drafter146,000 AOA

Automotive
Mechanic111,000 AOA
Service Advisor203,000 AOA

Banking
Bank Branch Manager521,000 AOA
Teller106,000 AOA

Bilingual
Teacher208,000 AOA
Translator257,000 AOA

Business Planning
Business Analyst359,000 AOA
Business Development Manager450,000 AOA
Project Manager318,000 AOA

Care Giving and Child Care
Nanny113,000 AOA
Nursery Teacher111,000 AOA

Construction / Building / Installation
Civil Engineer264,000 AOA
Construction Project Manager453,000 AOA
Health and Safety Officer129,000 AOA

Customer Service and Call Center
Call Center Representative104,000 AOA
Customer Service Manager374,000 AOA
Customer Service Representative109,000 AOA

Engineering
Electrical Engineer290,000 AOA
Engineer276,000 AOA
Mechanical Engineer267,000 AOA

Executive and Management
Chief Executive Officer669,000 AOA
Chief Financial Officer597,000 AOA
General Manager484,000 AOA

Food / Hospitality / Tourism / Catering
Chef179,000 AOA
Executive Chef204,000 AOA
Hotel Manager496,000 AOA
Travel Agent171,000 AOA
Waiter / Waitress89,400 AOA

Health and Medical
Dentist679,000 AOA
Dietitian578,000 AOA
Laboratory Technician212,000 AOA
Nurse224,000 AOA

Human Resources
Human Resources Manager424,000 AOA
Human Resources Officer165,000 AOA

Information Technology
Computer Technician218,000 AOA
Database Administrator287,000 AOA
Developer / Programmer278,000 AOA
Information Technology Manager470,000 AOA
Network Engineer253,000 AOA

Law Enforcement / Security / Fire
Police Officer175,000 AOA

Legal
Attorney566,000 AOA
Legal Assistant144,000 AOA

Media / Broadcasting / Arts / Entertainment
Journalist322,000 AOA

Pharmaceutical and Biotechnology
Biomedical Engineer231,000 AOA
Pharmacist378,000 AOA

Sales Retail and Wholesale
Cashier105,000 AOA
Sales Manager493,000 AOA
Sales Representative175,000 AOA

Teaching / Education
Elementary School Teacher191,000 AOA
Secondary School Teacher241,000 AOA

Average Hourly Wage in Huambo


1,640 AOA per hour

The average hourly wage (pay per hour) in Huambo is 1,640 AOA. This means that the average person in Huambo earns approximately 1,640 AOA 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.

Huambo VS Angola

Salary Comparison Between Huambo and Angola monthly
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We compared salaries in Huambo and Angola and we found that Huambo salaries are 9% more than those of Angola.

Salary Comparison By City

CityAverage Salary
Benguela260,000 AOA
Cabinda241,000 AOA
Huambo285,000 AOA
Lobito274,000 AOA
Luanda298,000 AOA
Lubango254,000 AOA
0 - 0

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