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Dump Truck Driver Average Salary in Equatorial Guinea 2020

How much money does a Dump Truck Driver make in Equatorial Guinea?


Average Monthly Salary
167,000 XAF
( 2,000,000 XAF yearly)

LOW
76,800
XAF
AVERAGE
167,000
XAF
HIGH
266,000
XAF

A person working as a Dump Truck Driver in Equatorial Guinea typically earns around 167,000 XAF per month. Salaries range from 76,800 XAF (lowest) to 266,000 XAF (highest).

This is the average monthly salary including housing, transport, and other benefits. Dump Truck Driver salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Dump Truck Driver Salary Distribution in Equatorial Guinea

Median and salary distribution monthly Equatorial Guinea Dump Truck Driver
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The median, the maximum, the minimum, and the range

  • Salary Range

    Dump Truck Driver salaries in Equatorial Guinea range from 76,800 XAF per month (minimum salary) to 266,000 XAF per month (maximum salary).

  • Median Salary

    The median salary is 180,000 XAF per month, which means that half (50%) of people working as Dump Truck Driver(s) are earning less than 180,000 XAF while the other half are earning more than 180,000 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 Dump Truck Driver(s) are earning less than 116,000 XAF while 75% of them are earning more than 116,000 XAF. Also from the diagram, 75% of Dump Truck Driver(s) are earning less than 241,000 XAF while 25% are earning more than 241,000 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

Dump Truck Driver Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Equatorial Guinea Dump Truck Driver
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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 Dump Truck Driver salaries by experience level and this is what we found.

A Dump Truck Driver with less than two years of experience makes approximately 87,200 XAF per month.

While someone with an experience level between two and five years is expected to earn 116,000 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 172,000 XAF per month, 48% 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, Dump Truck Driver(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 210,000 XAF per month, 22% 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 229,000 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 248,000 XAF per month, 8% more than people with fifteen to twenty years of experience.


Dump Truck Driver average salary change by experience in Equatorial Guinea

0 - 2 Years
87,200 XAF
2 - 5 Years+34%
116,000 XAF
5 - 10 Years+48%
172,000 XAF
10 - 15 Years+22%
210,000 XAF
15 - 20 Years+9%
229,000 XAF
20+ Years+8%
248,000 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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Dump Truck Driver Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Dump Truck Driver(s) who have the same experience but different education levels.

Salary comparison by education level monthly Equatorial Guinea Dump Truck Driver
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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 Dump Truck Driver salaries by education level in order to make a comparison.

When the education level is High School, the average salary of a Dump Truck Driver is 101,000 XAF per month.

While someone with a Certificate or Diploma gets a salary of 196,000 XAF per month, 93% more than someone having a High School degree.


Dump Truck Driver average salary difference by education level in Equatorial Guinea

High School
101,000 XAF
Certificate or Diploma+93%
196,000 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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Dump Truck Driver Salary Comparison By Gender

Salary comparison by gender monthly Equatorial Guinea Dump Truck Driver
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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 Dump Truck Driver employees in Equatorial Guinea earn 20% more than their female counterparts on average.

Male
182,000 XAF
Female-17%
152,000 XAF
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Equatorial Guinea for all Careers

Salary comparison by gender monthly Equatorial Guinea
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Dump Truck Driver Average Annual Salary Increment Percentage in Equatorial Guinea

How much are annual salary increments in Equatorial Guinea for Dump Truck Driver(s)? How often do employees get salary raises?

Dump Truck Driver

Dump Truck Driver(s) in Equatorial Guinea are likely to observe a salary increase of approximately 8% every 26 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Equatorial Guinea Dump Truck Driver
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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.

Equatorial Guinea / 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 Equatorial Guinea is 2%.

Annual Increment Rate By Industry 2019

Banking
3%
Energy
6%
Information Technology
9%
Healthcare
3%
Travel
6%
Construction
9%
Education
3%

Listed above are the average annual increase rates for each industry in Equatorial Guinea 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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Dump Truck Driver Bonus and Incentive Rates in Equatorial Guinea

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Equatorial Guinea Dump Truck Driver
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A Dump Truck Driver 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.

85% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 15% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 0% to 4% of their annual salary.

Received Bonus
15%
No Bonus
85%

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.

Dump Truck Driver Average Hourly Wage in Equatorial Guinea


960 XAF per hour

The average hourly wage (pay per hour) in Equatorial Guinea is 960 XAF. This means that the average Dump Truck Driver in Equatorial Guinea earns approximately 960 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.

Dump Truck Driver VS Other Jobs

Salary Comparison Between Dump Truck Driver and Oil  / Gas / Energy / Mining monthly Equatorial Guinea
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The average salary for Dump Truck Driver is 61% less than that of Oil / Gas / Energy / Mining. Also, Oil / Gas / Energy / Mining salaries are 10% less than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Assistant Yard Manager420,000 XAF+150%
Associate Analyst457,000 XAF+170%
Associate Landman192,000 XAF+15%
Auxiliary Equipment Operator170,000 XAF+2%
Biomass Plant Technician201,000 XAF+20%
Biomass Power Plant Manager616,000 XAF+270%
Chemical Plant Operator362,000 XAF+120%
Chief Contract Compliance Engineer467,000 XAF+180%
Completions Engineer399,000 XAF+140%
Cost Controller305,000 XAF+83%
Crude Oil Marketing Representative478,000 XAF+190%
Dispatcher187,000 XAF+12%
Distribution Manager575,000 XAF+240%
Dragline Operator203,000 XAF+22%
Driller Offsider160,000 XAF-4%
Dump Truck Driver167,000 XAF+0%
Electric and Gas Operations Manager1,020,000 XAF+510%
Energy Advisor655,000 XAF+290%
Energy Analyst610,000 XAF+270%
Energy Auditor520,000 XAF+210%
Energy Dispatch Director743,000 XAF+340%
Energy Technical Assistant263,000 XAF+57%
Energy Technical Manager534,000 XAF+220%
Energy Technical Trainer388,000 XAF+130%
Exploration Manager728,000 XAF+340%
Field Safety Auditor492,000 XAF+190%
Fluids Engineer400,000 XAF+140%
Fuel Cell Engineer441,000 XAF+160%
Fuel Cell Technician225,000 XAF+35%
Fuels Handler207,000 XAF+24%
Gas Compressor Operator195,000 XAF+17%
Gas Distribution Plant Operator349,000 XAF+110%
Gas Supply Manager654,000 XAF+290%
Geologist747,000 XAF+350%
Geophysicist820,000 XAF+390%
Geothermal Production Manager728,000 XAF+340%
Geothermal Technician288,000 XAF+72%
HSE Engineer413,000 XAF+150%
HSE Officer268,000 XAF+60%
HSEQ Administrator315,000 XAF+89%
Inspector387,000 XAF+130%
Instructor366,000 XAF+120%
Instrument Designer325,000 XAF+95%
Lead Technical Field Advisor584,000 XAF+250%
Logistics and Tool Coordinator369,000 XAF+120%
Maintenance Engineer418,000 XAF+150%
Maintenance Superintendent380,000 XAF+130%
Material Controller285,000 XAF+71%
Mine Engineer429,000 XAF+160%
Mine Surveyor473,000 XAF+180%
Mining Project Administrator396,000 XAF+140%
Mining Project Assistant315,000 XAF+89%
Mining Project Controls Consultant482,000 XAF+190%
Mining Project Coordinator381,000 XAF+130%
Mining Project Engineer403,000 XAF+140%
Mining Project Manager532,000 XAF+220%
Mining Site Manager581,000 XAF+250%
Mining Team Leader436,000 XAF+160%
NDT Technician257,000 XAF+54%
Oil Service Unit Operator234,000 XAF+40%
Oil Trader563,000 XAF+240%
Oilwell Pumper161,000 XAF-4%
Petroleum Engineer 487,000 XAF+190%
Petroleum Geologist745,000 XAF+350%
Petroleum Pump System Operator237,000 XAF+42%
Pipeline Technician170,000 XAF+2%
Power Coordinator263,000 XAF+57%
Power Plant Operations Manager840,000 XAF+400%
Power Plant Operator344,000 XAF+110%
Radio Operator185,000 XAF+11%
Reliability Engineer422,000 XAF+150%
Reservoir Engineer412,000 XAF+150%
Risk Analyst502,000 XAF+200%
Roughneck446,000 XAF+170%
Scaffolder267,000 XAF+60%
Shutdown Engineer355,000 XAF+110%
Solar Energy Installation Manager650,000 XAF+290%
Solar Energy Systems Engineer442,000 XAF+160%
Solar Photovoltaic Installer270,000 XAF+62%
Solar Thermal Technician274,000 XAF+64%
Supply Operations Manager734,000 XAF+340%
Sustainability Specialist654,000 XAF+290%
System Development Advisor476,000 XAF+190%
Tanker Truck Driver172,000 XAF+3%
Utility Operator226,000 XAF+35%
Wind Energy Project Manager572,000 XAF+240%

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

Private Sector
454,000 XAF
Public Sector+14%
516,000 XAF
Percentage increase and decrease are relative to the previous value

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