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Physician - Cardiology Average Salary in Equatorial Guinea 2023

How much money does a Physician - Cardiology make in Equatorial Guinea?

Average Monthly Salary
1,800,000 XAF
( 21,600,000 XAF yearly)


A person working as a Physician - Cardiology in Equatorial Guinea typically earns around 1,800,000 XAF per month. Salaries range from 937,000 XAF (lowest) to 2,760,000 XAF (highest).

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

Physician - Cardiology Salary Distribution in Equatorial Guinea

Median and salary distribution monthly Equatorial Guinea Physician - Cardiology
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The median, the maximum, the minimum, and the range

  • Salary Range

    Physician - Cardiology salaries in Equatorial Guinea range from 937,000 XAF per month (minimum salary) to 2,760,000 XAF per month (maximum salary).

  • Median Salary

    The median salary is 1,730,000 XAF per month, which means that half (50%) of people working as Physician - Cardiology(s) are earning less than 1,730,000 XAF while the other half are earning more than 1,730,000 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 Physician - Cardiology(s) are earning less than 1,200,000 XAF while 75% of them are earning more than 1,200,000 XAF. Also from the diagram, 75% of Physician - Cardiology(s) are earning less than 2,150,000 XAF while 25% are earning more than 2,150,000 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

Physician - Cardiology Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Equatorial Guinea Physician - Cardiology
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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 Physician - Cardiology salaries by experience level and this is what we found.

A Physician - Cardiology with less than two years of experience makes approximately 1,060,000 XAF per month.

While someone with an experience level between two and five years is expected to earn 1,430,000 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 1,860,000 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, Physician - Cardiology(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 2,250,000 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 2,460,000 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 2,580,000 XAF per month, 5% more than people with fifteen to twenty years of experience.

Physician - Cardiology average salary change by experience in Equatorial Guinea

0 - 2 Years
1,060,000 XAF
2 - 5 Years+34%
1,430,000 XAF
5 - 10 Years+30%
1,860,000 XAF
10 - 15 Years+21%
2,250,000 XAF
15 - 20 Years+9%
2,460,000 XAF
20+ Years+5%
2,580,000 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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Physician - Cardiology Salary Comparison By Gender

Salary comparison by gender monthly Equatorial Guinea Physician - Cardiology
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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 Physician - Cardiology employees in Equatorial Guinea earn 12% more than their female counterparts on average.

1,920,000 XAF
1,720,000 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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Physician - Cardiology Average Annual Salary Increment Percentage in Equatorial Guinea

How much are annual salary increments in Equatorial Guinea for Physician - Cardiology(s)? How often do employees get salary raises?

Physician - Cardiology

Physician - Cardiology(s) in Equatorial Guinea are likely to observe a salary increase of approximately 11% every 28 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Equatorial Guinea Physician - Cardiology
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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 2022

Information Technology

Listed above are the average annual increase rates for each industry in Equatorial Guinea for the year 2022. 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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Physician - Cardiology Bonus and Incentive Rates in Equatorial Guinea

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Equatorial Guinea Physician - Cardiology
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A Physician - Cardiology is considered to be a high 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.

34% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 66% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 6% to 8% 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.

Physician - Cardiology Average Hourly Wage in Equatorial Guinea

10,400 XAF per hour

The average hourly wage (pay per hour) in Equatorial Guinea is 10,400 XAF. This means that the average Physician - Cardiology in Equatorial Guinea earns approximately 10,400 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.

Physician - Cardiology VS Other Jobs

Salary Comparison Between Physician - Cardiology and Health and Medical monthly Equatorial Guinea
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The average salary for Physician - Cardiology is 60% more than that of Doctor / Physician. Also, Doctor / Physician salaries are 57% more than those of Health and Medical.

Salary comparison with similar jobs

Job TitleAverage Salary
Advanced Nutrition Aide678,000 XAF-62%
Advanced Practice Provider621,000 XAF-66%
Allergist877,000 XAF-51%
Behavioral Health Specialist515,000 XAF-71%
Chiropractor558,000 XAF-69%
Clinical Psychologist1,450,000 XAF-20%
Correctional Treatment Specialist865,000 XAF-52%
Counseling Psychologist1,090,000 XAF-40%
Dermatologist1,400,000 XAF-22%
Dietitian945,000 XAF-48%
Doctor1,170,000 XAF-35%
Emergency Department Physician1,050,000 XAF-42%
Exercise Physiologist1,070,000 XAF-41%
Forensic Pathologist1,180,000 XAF-35%
General Medical Practitioner914,000 XAF-49%
Genetic Counselor755,000 XAF-58%
Internist1,520,000 XAF-16%
Interventionist1,410,000 XAF-22%
Invasive Cardiologist1,820,000 XAF+1%
Mental Health Therapst846,000 XAF-53%
Naturopathic Physician1,340,000 XAF-26%
Neurologist1,410,000 XAF-22%
Neurophysiology Technologist403,000 XAF-78%
Nuclear Medicine Physician1,160,000 XAF-36%
Obstetrician / Gynecologist1,300,000 XAF-28%
Occupational Health Safety Specialist681,000 XAF-62%
Ophthalmologist988,000 XAF-45%
Optometrist986,000 XAF-45%
Pediatrician1,080,000 XAF-40%
Physical Therapist783,000 XAF-57%
Physical Therapy Director873,000 XAF-52%
Physician - Anesthesiology1,570,000 XAF-13%
Physician - Cardiology1,800,000 XAF-0%
Physician - CCU988,000 XAF-45%
Physician - Dermatology1,350,000 XAF-25%
Physician - Emergency Room1,080,000 XAF-40%
Physician - Endocrinology1,330,000 XAF-26%
Physician - Family Practice896,000 XAF-50%
Physician - Gastroenterology1,300,000 XAF-28%
Physician - Generalist1,010,000 XAF-44%
Physician - Geriatrics838,000 XAF-54%
Physician - Hematology / Oncology1,250,000 XAF-31%
Physician - Immunology / Allergy1,340,000 XAF-26%
Physician - Infectious Disease1,220,000 XAF-32%
Physician - Internal Medicine1,440,000 XAF-20%
Physician - Maternal / Fetal Medicine1,110,000 XAF-38%
Physician - Nephrology1,460,000 XAF-19%
Physician - Neurology1,410,000 XAF-22%
Physician - Nuclear Medicine1,160,000 XAF-36%
Physician - Obstetrics / Gynecology1,310,000 XAF-27%
Physician - Occupational Medicine976,000 XAF-46%
Physician - Ophthalmology887,000 XAF-51%
Physician - Otolaryngology889,000 XAF-51%
Physician - Pain Medicine802,000 XAF-56%
Physician - Pathology1,090,000 XAF-40%
Physician - Pediatric Cardiology1,300,000 XAF-28%
Physician - Pediatric Neonatology1,200,000 XAF-33%
Physician - Pediatrics1,160,000 XAF-36%
Physician - Physiatry1,220,000 XAF-32%
Physician - Podiatry1,080,000 XAF-40%
Physician - Pulmonary Medicine914,000 XAF-49%
Physician - Radiation Therapy1,450,000 XAF-20%
Physician - Radiology1,400,000 XAF-22%
Physician - Rheumatology1,320,000 XAF-27%
Physician - Sports Medicine1,260,000 XAF-30%
Physician - Urology1,580,000 XAF-12%
Physician Assistant789,000 XAF-56%
Physiotherapist851,000 XAF-53%
Podiatrist894,000 XAF-50%
Preventive Medicine Physician1,120,000 XAF-38%
Psychiatrist1,210,000 XAF-33%
Psychololgist1,270,000 XAF-30%
Psychometrician1,050,000 XAF-42%
Radiologist1,230,000 XAF-32%
Registered Respiratory Therapist790,000 XAF-56%
Skin Care Specialist679,000 XAF-62%
Urologist1,700,000 XAF-6%
Vision Rehabilitation Therapist737,000 XAF-59%

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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