HOME BROWSE SALARIES BEST PAYING JOBS
Browse Salaries
Best Paying Jobs
Salary Increase Letters
Career Articles

Insurance Appraiser Average Salary in Congo Democratic Republic 2020

How much money does an Insurance Appraiser make in Congo Democratic Republic?


Average Monthly Salary
476,000 CDF
( 5,720,000 CDF yearly)

LOW
257,000
CDF
AVERAGE
476,000
CDF
HIGH
720,000
CDF

A person working as an Insurance Appraiser in Congo Democratic Republic typically earns around 476,000 CDF per month. Salaries range from 257,000 CDF (lowest) to 720,000 CDF (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 Congo Democratic Republic

Median and salary distribution monthly Congo Democratic Republic Insurance Appraiser
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/congo-democratic-republic/insurance/insurance-appraiser/median-and-salary-distribution-monthly-congo-democratic-republic-insurance-appraiser.jpg

The median, the maximum, the minimum, and the range

  • Salary Range

    Insurance Appraiser salaries in Congo Democratic Republic range from 257,000 CDF per month (minimum salary) to 720,000 CDF per month (maximum salary).

  • Median Salary

    The median salary is 438,000 CDF per month, which means that half (50%) of people working as Insurance Appraiser(s) are earning less than 438,000 CDF while the other half are earning more than 438,000 CDF. 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 313,000 CDF while 75% of them are earning more than 313,000 CDF. Also from the diagram, 75% of Insurance Appraiser(s) are earning less than 533,000 CDF while 25% are earning more than 533,000 CDF.


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 Congo Democratic Republic Insurance Appraiser
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/congo-democratic-republic/insurance/insurance-appraiser/salary-comparison-by-years-of-experience-monthly-congo-democratic-republic-insurance-appraiser.jpg

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 299,000 CDF per month.

While someone with an experience level between two and five years is expected to earn 377,000 CDF per month, 26% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 498,000 CDF per month, 32% 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 585,000 CDF per month, 18% 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 648,000 CDF per month, 11% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 689,000 CDF per month, 6% more than people with fifteen to twenty years of experience.


Insurance Appraiser average salary change by experience in Congo Democratic Republic

0 - 2 Years
299,000 CDF
2 - 5 Years+26%
377,000 CDF
5 - 10 Years+32%
498,000 CDF
10 - 15 Years+18%
585,000 CDF
15 - 20 Years+11%
648,000 CDF
20+ Years+6%
689,000 CDF
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg

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 Congo Democratic Republic Insurance Appraiser
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/congo-democratic-republic/insurance/insurance-appraiser/salary-comparison-by-education-level-monthly-congo-democratic-republic-insurance-appraiser.jpg

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 414,000 CDF per month.

While someone with a Bachelor's Degree gets a salary of 618,000 CDF per month, 49% more than someone having a Certificate or Diploma degree.


Insurance Appraiser average salary difference by education level in Congo Democratic Republic

Certificate or Diploma
414,000 CDF
Bachelor's Degree+49%
618,000 CDF
Percentage increase and decrease are relative to the previous value

Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg


Insurance Appraiser Salary Comparison By Gender

Salary comparison by gender monthly Congo Democratic Republic Insurance Appraiser
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/congo-democratic-republic/insurance/insurance-appraiser/salary-comparison-by-gender-monthly-congo-democratic-republic-insurance-appraiser.jpg

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 Congo Democratic Republic earn 10% more than their female counterparts on average.

Male
495,000 CDF
Female-9%
449,000 CDF
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Congo Democratic Republic for all Careers

Salary comparison by gender monthly Congo Democratic Republic
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/congo-democratic-republic/salary-comparison-by-gender-monthly-congo-democratic-republic.jpg

Insurance Appraiser Average Annual Salary Increment Percentage in Congo Democratic Republic

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

Insurance Appraiser

Insurance Appraiser(s) in Congo Democratic Republic 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 Congo Democratic Republic Insurance Appraiser
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/congo-democratic-republic/insurance/insurance-appraiser/annual-salary-increment-rate-congo-democratic-republic-insurance-appraiser.jpg


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.

Congo Democratic Republic / 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 Congo Democratic Republic is 2%.

Annual Increment Rate By Industry 2019

Banking
5%
Energy
1%
Information Technology
6%
Healthcare
2%
Travel
7%
Construction
3%
Education
8%

Listed above are the average annual increase rates for each industry in Congo Democratic Republic 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

Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-increment-world.jpg

Insurance Appraiser Bonus and Incentive Rates in Congo Democratic Republic

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Congo Democratic Republic Insurance Appraiser
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/congo-democratic-republic/insurance/insurance-appraiser/annual-salary-bonus-rate-congo-democratic-republic-insurance-appraiser.jpg

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.

92% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 8% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 1% to 2% of their annual salary.

Received Bonus
8%
No Bonus
92%

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.

Insurance Appraiser Average Hourly Wage in Congo Democratic Republic


2,750 CDF per hour

The average hourly wage (pay per hour) in Congo Democratic Republic is 2,750 CDF. This means that the average Insurance Appraiser in Congo Democratic Republic earns approximately 2,750 CDF 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 Congo Democratic Republic
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/congo-democratic-republic/insurance/insurance-appraiser/salary-comparison-between-insurance-appraiser-and-insurance-monthly-congo-democratic-republic.jpg

The average salary for Insurance Appraiser is 0% 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 Analyst635,000 CDF+33%
Actuarial Assistant425,000 CDF-11%
Actuary635,000 CDF+33%
Adjustment Insurance Clerk168,000 CDF-65%
Assistant Broker300,000 CDF-37%
Assistant Claims Manager486,000 CDF+2%
Associate Insurance Representative235,000 CDF-51%
Auditing Insurance Manager706,000 CDF+48%
Broker453,000 CDF-5%
Claim Advocacy Professional476,000 CDF-0%
Claims Adjuster168,000 CDF-65%
Claims Analyst247,000 CDF-48%
Claims Examiner235,000 CDF-51%
Claims Manager671,000 CDF+41%
Claims Processor168,000 CDF-65%
Claims Representative201,000 CDF-58%
Claims Resolution Specialist486,000 CDF+2%
Claims Supervisor471,000 CDF-1%
Complaints Specialist435,000 CDF-9%
Compliance Officer382,000 CDF-20%
Consultant471,000 CDF-1%
Eligibility Specialist453,000 CDF-5%
Insurance Account Manager582,000 CDF+22%
Insurance Accounts Executive486,000 CDF+2%
Insurance Agent282,000 CDF-41%
Insurance Analyst465,000 CDF-2%
Insurance Appraiser476,000 CDF-0%
Insurance Claims Clerk168,000 CDF-65%
Insurance Examiner435,000 CDF-9%
Insurance Investigator425,000 CDF-11%
Insurance Manager805,000 CDF+69%
Insurance Operations Manager771,000 CDF+62%
Insurance Policy Processing Clerk176,000 CDF-63%
Insurance Pricing Assistant374,000 CDF-22%
Insurance Program Manager621,000 CDF+30%
Insurance Project Manager600,000 CDF+26%
Insurance Quality Assurance Agent409,000 CDF-14%
Insurance Sales Agent268,000 CDF-44%
Insurance Sales Director738,000 CDF+55%
Insurance Team Leader475,000 CDF-0%
Insurance Underwriter353,000 CDF-26%
Loss Control Specialist436,000 CDF-8%
Loss Prevention Investigator494,000 CDF+4%
Loss Prevention Manager657,000 CDF+38%
Loss Prevention Specialist506,000 CDF+6%
Marine Underwriter353,000 CDF-26%
Medical Auditor475,000 CDF-0%
Monitoring and Performance Officer335,000 CDF-30%
Payment Services Specialist476,000 CDF-0%
Policy Change Director704,000 CDF+48%
Policy Change Supervisor512,000 CDF+7%
Policy Change Technician218,000 CDF-54%
Risk Analyst503,000 CDF+6%
Risk Management Director918,000 CDF+93%
Risk Management Supervisor563,000 CDF+18%
Risk Manager882,000 CDF+85%
Risk Modeling Manager838,000 CDF+76%
Title Insurance Typist406,000 CDF-15%
Training Manager524,000 CDF+10%

Salary Comparison By City

CityAverage Salary
Bukavu477,000 CDF
Kananga45,900,000 CDF
Kinshasa514,000 CDF
Kisangani46,500 CDF
Lubumbashi520,000 CDF
Mbuji-Mayi499,000 CDF
Tshikapa408,000 CDF

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 Congo Democratic Republic earn 7% more than their private sector counterparts on average across all sectors.

Private Sector
455,000 CDF
Public Sector+7%
489,000 CDF
Percentage increase and decrease are relative to the previous value

Browse Salaries

Salary Increase Letters

Best Paying Jobs
HomePrivacy PolicySalary Comparison

©Salary Explorer 2020