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Jeweler Average Salary in Eritrea 2023

How much money does a Jeweler make in Eritrea?


Average Monthly Salary
5,150 ERN
( 61,700 ERN yearly)

LOW
2,470
ERN
AVERAGE
5,150
ERN
HIGH
8,080
ERN

A person working as a Jeweler in Eritrea typically earns around 5,150 ERN per month. Salaries range from 2,470 ERN (lowest) to 8,080 ERN (highest).

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

Jeweler Salary Distribution in Eritrea

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

  • Salary Range

    Jeweler salaries in Eritrea range from 2,470 ERN per month (minimum salary) to 8,080 ERN per month (maximum salary).

  • Median Salary

    The median salary is 5,350 ERN per month, which means that half (50%) of people working as Jeweler(s) are earning less than 5,350 ERN while the other half are earning more than 5,350 ERN. 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 Jeweler(s) are earning less than 3,520 ERN while 75% of them are earning more than 3,520 ERN. Also from the diagram, 75% of Jeweler(s) are earning less than 6,980 ERN while 25% are earning more than 6,980 ERN.


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

Jeweler Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Eritrea Jeweler
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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 Jeweler salaries by experience level and this is what we found.

A Jeweler with less than two years of experience makes approximately 2,890 ERN per month.

While someone with an experience level between two and five years is expected to earn 4,100 ERN per month, 42% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 5,390 ERN per month, 31% 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, Jeweler(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 6,620 ERN per month, 23% 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 7,040 ERN per month, 6% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 7,710 ERN per month, 10% more than people with fifteen to twenty years of experience.


Jeweler average salary change by experience in Eritrea

0 - 2 Years
2,890 ERN
2 - 5 Years+42%
4,100 ERN
5 - 10 Years+31%
5,390 ERN
10 - 15 Years+23%
6,620 ERN
15 - 20 Years+6%
7,040 ERN
20+ Years+10%
7,710 ERN
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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Jeweler Salary Comparison By Education

How do education levels affect salaries?

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

Salary comparison by education level monthly Eritrea Jeweler
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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 Jeweler salaries by education level in order to make a comparison.

When the education level is High School, the average salary of a Jeweler is 3,870 ERN per month.

While someone with a Certificate or Diploma gets a salary of 6,680 ERN per month, 72% more than someone having a High School degree.


Jeweler average salary difference by education level in Eritrea

High School
3,870 ERN
Certificate or Diploma+72%
6,680 ERN
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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Jeweler Salary Comparison By Gender

Salary comparison by gender monthly Eritrea Jeweler
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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 Jeweler employees in Eritrea earn 8% less than their female counterparts on average.

Male
5,000 ERN
Female+9%
5,440 ERN
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Eritrea for all Careers

Salary comparison by gender monthly Eritrea
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Jeweler Average Annual Salary Increment Percentage in Eritrea

How much are annual salary increments in Eritrea for Jeweler(s)? How often do employees get salary raises?

Jeweler

Jeweler(s) in Eritrea are likely to observe a salary increase of approximately 6% every 30 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.

Annual Salary Increment Rate Eritrea Jeweler
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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.

Eritrea / 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 Eritrea is 2%.

Annual Increment Rate By Industry 2022

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Listed above are the average annual increase rates for each industry in Eritrea 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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Jeweler Bonus and Incentive Rates in Eritrea

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Eritrea Jeweler
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A Jeweler is considered to be a moderate 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.

61% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 39% 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
39%
No Bonus
61%

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.

Jeweler Average Hourly Wage in Eritrea


30 ERN per hour

The average hourly wage (pay per hour) in Eritrea is 30 ERN. This means that the average Jeweler in Eritrea earns approximately 30 ERN 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.

Jeweler VS Other Jobs

Salary Comparison Between Jeweler and Fashion and Apparel monthly Eritrea
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The average salary for Jeweler is 9% less than that of Fashion and Apparel. Also, Fashion and Apparel salaries are 18% less than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Alterations Specialist2,810 ERN-45%
Barber2,590 ERN-50%
Bench Jeweler2,280 ERN-56%
Clothing and Textile Technologist6,070 ERN+18%
Cosmetology Educator6,290 ERN+22%
Diamond Setter3,080 ERN-40%
Fabric Manager6,770 ERN+32%
Fashion Design Manager10,400 ERN+100%
Fashion Merchandiser4,110 ERN-20%
Fashion Model5,970 ERN+16%
Freelance Fashion Stylist9,620 ERN+87%
Garment Technologist5,400 ERN+5%
Hairstylist2,860 ERN-44%
Jeweler5,150 ERN+0%
Jewelry Mold Maker3,620 ERN-30%
Jewelry Polisher2,190 ERN-57%
Jewelry Sales4,140 ERN-20%
Plating Manager7,210 ERN+40%
Product Development Manager12,500 ERN+140%
Sewing Machine Operator1,990 ERN-61%
Shoe Sales3,290 ERN-36%
Supply Chain Manager10,500 ERN+100%
Tailor / Fitter2,600 ERN-49%
Trend Forecaster6,180 ERN+20%
Visual Merchandising Coordinator4,600 ERN-11%
Visual Merchandising Projects Manager8,910 ERN+73%

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 Eritrea earn 21% more than their private sector counterparts on average across all sectors.

Private Sector
6,220 ERN
Public Sector+21%
7,520 ERN
Percentage increase and decrease are relative to the previous value

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