Physician - Hematology / Oncology Average Salary in Guinea 2023

How much money does a Physician - Hematology / Oncology make in Guinea?

Average Monthly Salary

18,400,000 GNF

( 220,000,000 GNF yearly)

LOW
8,810,000
GNF AVERAGE
18,400,000
GNF HIGH
28,800,000
GNF

Physician - Hematology / Oncology Salary Distribution in Guinea

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

• Salary Range

  Physician - Hematology / Oncology salaries in Guinea range from 8,810,000 GNF per month (minimum salary) to 28,800,000 GNF per month (maximum salary).

• Median Salary

  The median salary is 19,100,000 GNF per month, which means that half (50%) of people working as Physician - Hematology / Oncology(s) are earning less than 19,100,000 GNF while the other half are earning more than 19,100,000 GNF. 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 - Hematology / Oncology(s) are earning less than 12,600,000 GNF while 75% of them are earning more than 12,600,000 GNF. Also from the diagram, 75% of Physician - Hematology / Oncology(s) are earning less than 24,900,000 GNF while 25% are earning more than 24,900,000 GNF.

Physician - Hematology / Oncology Salary Comparison by Years of Experience

How does experience and age affect your pay?

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 - Hematology / Oncology salaries by experience level and this is what we found.

A Physician - Hematology / Oncology with less than two years of experience makes approximately 10,300,000 GNF per month.

While someone with an experience level between two and five years is expected to earn 14,600,000 GNF 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 19,200,000 GNF per month, 31% more than someone with two to five years of experience.

Additionally, Physician - Hematology / Oncology(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 23,600,000 GNF 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 25,100,000 GNF 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 27,500,000 GNF per month, 10% more than people with fifteen to twenty years of experience.

Physician - Hematology / Oncology average salary change by experience in Guinea

Typical Salary Progress for Most Careers

Physician - Hematology / Oncology Salary Comparison By Gender

Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Physician - Hematology / Oncology employees in Guinea earn 9% more than their female counterparts on average.

Salary Comparison By Gender in Guinea for all Careers

Physician - Hematology / Oncology Average Annual Salary Increment Percentage in Guinea

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

Physician - Hematology / Oncology

Physician - Hematology / Oncology(s) in Guinea are likely to observe a salary increase of approximately 9% every 28 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.

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

Annual Increment Rate By Industry 2022

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

Physician - Hematology / Oncology Bonus and Incentive Rates in Guinea

How much and how often are bonuses being awarded?

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A Physician - Hematology / Oncology 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.

32% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 68% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.

Received Bonus		68%
No Bonus		32%

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?

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.

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 - Hematology / Oncology Average Hourly Wage in Guinea

106,000 GNF per hour

The average hourly wage (pay per hour) in Guinea is 106,000 GNF. This means that the average Physician - Hematology / Oncology in Guinea earns approximately 106,000 GNF for every worked hour.

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 - Hematology / Oncology VS Other Jobs

The average salary for Physician - Hematology / Oncology is 12% more than that of Doctor / Physician. Also, Doctor / Physician salaries are 57% more than those of Health and Medical.

Salary comparison with similar jobs

Advanced Nutrition Aide	9,930,000 GNF	-46%
Advanced Practice Provider	9,320,000 GNF	-49%
Allergist	12,500,000 GNF	-32%
Behavioral Health Specialist	7,540,000 GNF	-59%
Chiropractor	8,170,000 GNF	-55%
Clinical Psychologist	20,100,000 GNF	+9%
Correctional Treatment Specialist	12,000,000 GNF	-35%
Counseling Psychologist	16,400,000 GNF	-11%
Dermatologist	21,000,000 GNF	+14%
Dietitian	12,800,000 GNF	-30%
Doctor	15,900,000 GNF	-13%
Emergency Department Physician	14,600,000 GNF	-20%
Exercise Physiologist	15,300,000 GNF	-17%
Forensic Pathologist	17,700,000 GNF	-4%
General Medical Practitioner	12,700,000 GNF	-31%
Genetic Counselor	11,100,000 GNF	-40%
Internist	21,200,000 GNF	+15%
Interventionist	20,200,000 GNF	+10%
Invasive Cardiologist	26,700,000 GNF	+45%
Mental Health Therapst	11,200,000 GNF	-39%
Naturopathic Physician	20,700,000 GNF	+13%
Neurologist	20,200,000 GNF	+10%
Neurophysiology Technologist	5,900,000 GNF	-68%
Nuclear Medicine Physician	16,500,000 GNF	-10%
Obstetrician / Gynecologist	17,700,000 GNF	-4%
Occupational Health Safety Specialist	9,730,000 GNF	-47%
Ophthalmologist	14,500,000 GNF	-21%
Optometrist	14,100,000 GNF	-23%
Pediatrician	15,800,000 GNF	-14%
Physical Therapist	10,400,000 GNF	-43%
Physical Therapy Director	13,100,000 GNF	-29%
Physician - Anesthesiology	24,200,000 GNF	+32%
Physician - Cardiology	25,800,000 GNF	+41%
Physician - CCU	14,500,000 GNF	-21%
Physician - Dermatology	20,200,000 GNF	+10%
Physician - Emergency Room	15,000,000 GNF	-18%
Physician - Endocrinology	19,100,000 GNF	+4%
Physician - Family Practice	13,100,000 GNF	-29%
Physician - Gastroenterology	17,600,000 GNF	-4%
Physician - Generalist	14,000,000 GNF	-24%
Physician - Geriatrics	12,000,000 GNF	-35%
Physician - Hematology / Oncology	18,400,000 GNF	+0%
Physician - Immunology / Allergy	20,600,000 GNF	+12%
Physician - Infectious Disease	17,500,000 GNF	-5%
Physician - Internal Medicine	21,100,000 GNF	+15%
Physician - Maternal / Fetal Medicine	16,700,000 GNF	-9%
Physician - Nephrology	20,300,000 GNF	+11%
Physician - Neurology	20,100,000 GNF	+9%
Physician - Nuclear Medicine	16,900,000 GNF	-8%
Physician - Obstetrics / Gynecology	17,700,000 GNF	-4%
Physician - Occupational Medicine	13,600,000 GNF	-26%
Physician - Ophthalmology	12,700,000 GNF	-31%
Physician - Otolaryngology	13,000,000 GNF	-29%
Physician - Pain Medicine	12,000,000 GNF	-35%
Physician - Pathology	15,200,000 GNF	-17%
Physician - Pediatric Cardiology	18,600,000 GNF	+1%
Physician - Pediatric Neonatology	17,600,000 GNF	-4%
Physician - Pediatrics	15,800,000 GNF	-14%
Physician - Physiatry	17,000,000 GNF	-7%
Physician - Podiatry	15,500,000 GNF	-16%
Physician - Pulmonary Medicine	12,100,000 GNF	-34%
Physician - Radiation Therapy	19,700,000 GNF	+7%
Physician - Radiology	19,500,000 GNF	+6%
Physician - Rheumatology	18,800,000 GNF	+2%
Physician - Sports Medicine	18,500,000 GNF	+1%
Physician - Urology	23,800,000 GNF	+30%
Physician Assistant	11,000,000 GNF	-40%
Physiotherapist	12,200,000 GNF	-34%
Podiatrist	12,800,000 GNF	-30%
Preventive Medicine Physician	16,100,000 GNF	-12%
Psychiatrist	17,300,000 GNF	-6%
Psychololgist	18,100,000 GNF	-1%
Psychometrician	15,400,000 GNF	-16%
Radiologist	18,000,000 GNF	-2%
Registered Respiratory Therapist	11,300,000 GNF	-38%
Skin Care Specialist	10,200,000 GNF	-44%
Urologist	23,100,000 GNF	+26%
Vision Rehabilitation Therapist	10,800,000 GNF	-41%

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 Guinea earn 11% more than their private sector counterparts on average across all sectors.