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Laboratory Technician Average Salary in Guinea 2020

How much money does a Laboratory Technician make in Guinea?


Average Monthly Salary
4,830,000 GNF
( 58,000,000 GNF yearly)

LOW
2,460,000
GNF
AVERAGE
4,830,000
GNF
HIGH
7,440,000
GNF

A person working as a Laboratory Technician in Guinea typically earns around 4,830,000 GNF per month. Salaries range from 2,460,000 GNF (lowest) to 7,440,000 GNF (highest).

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

Laboratory Technician Salary Distribution in Guinea

Median and salary distribution monthly Guinea Laboratory Technician
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The median, the maximum, the minimum, and the range

  • Salary Range

    Laboratory Technician salaries in Guinea range from 2,460,000 GNF per month (minimum salary) to 7,440,000 GNF per month (maximum salary).

  • Median Salary

    The median salary is 4,730,000 GNF per month, which means that half (50%) of people working as Laboratory Technician(s) are earning less than 4,730,000 GNF while the other half are earning more than 4,730,000 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 Laboratory Technician(s) are earning less than 3,240,000 GNF while 75% of them are earning more than 3,240,000 GNF. Also from the diagram, 75% of Laboratory Technician(s) are earning less than 5,960,000 GNF while 25% are earning more than 5,960,000 GNF.


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

Laboratory Technician Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Guinea Laboratory Technician
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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 Laboratory Technician salaries by experience level and this is what we found.

A Laboratory Technician with less than two years of experience makes approximately 2,760,000 GNF per month.

While someone with an experience level between two and five years is expected to earn 3,610,000 GNF per month, 31% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 5,050,000 GNF per month, 40% 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, Laboratory Technician(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 6,070,000 GNF per month, 20% 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 6,590,000 GNF 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 7,110,000 GNF per month, 8% more than people with fifteen to twenty years of experience.


Laboratory Technician average salary change by experience in Guinea

0 - 2 Years
2,760,000 GNF
2 - 5 Years+31%
3,610,000 GNF
5 - 10 Years+40%
5,050,000 GNF
10 - 15 Years+20%
6,070,000 GNF
15 - 20 Years+9%
6,590,000 GNF
20+ Years+8%
7,110,000 GNF
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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Laboratory Technician Salary Comparison By Education

How do education levels affect salaries?

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

Salary comparison by education level monthly Guinea Laboratory Technician
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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 Laboratory Technician salaries by education level in order to make a comparison.

When the education level is Bachelor's Degree, the average salary of a Laboratory Technician is 3,410,000 GNF per month.

While someone with a Master's Degree gets a salary of 6,050,000 GNF per month, 77% more than someone having a Bachelor's Degree degree.


Laboratory Technician average salary difference by education level in Guinea

Bachelor's Degree
3,410,000 GNF
Master's Degree+77%
6,050,000 GNF
Percentage increase and decrease are relative to the previous value

Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Guinea costs anywhere from 35,000,000 Guinea Franc(s) to 105,000,000 Guinea Franc(s) and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support the thoery. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Laboratory Technician Salary Comparison By Gender

Salary comparison by gender monthly Guinea Laboratory Technician
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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 Laboratory Technician employees in Guinea earn 17% more than their female counterparts on average.

Male
5,230,000 GNF
Female-15%
4,460,000 GNF
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Guinea for all Careers

Salary comparison by gender monthly Guinea
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Laboratory Technician Average Annual Salary Increment Percentage in Guinea

How much are annual salary increments in Guinea for Laboratory Technician(s)? How often do employees get salary raises?

Laboratory Technician

Laboratory Technician(s) in Guinea are likely to observe a salary increase of approximately 5% every 29 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.

Annual Salary Increment Rate Guinea Laboratory Technician
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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.

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 Guinea is 2%.

Annual Increment Rate By Industry 2019

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Listed above are the average annual increase rates for each industry in 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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Laboratory Technician Bonus and Incentive Rates in Guinea

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Guinea Laboratory Technician
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A Laboratory Technician 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.

89% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 11% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 1% to 3% of their annual salary.

Received Bonus
11%
No Bonus
89%

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.

Laboratory Technician Average Hourly Wage in Guinea


27,900 GNF per hour

The average hourly wage (pay per hour) in Guinea is 27,900 GNF. This means that the average Laboratory Technician in Guinea earns approximately 27,900 GNF 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.

Laboratory Technician VS Other Jobs

Salary Comparison Between Laboratory Technician and Health and Medical monthly Guinea
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The average salary for Laboratory Technician is 45% less than that of Healthcare Technical. Also, Healthcare Technical salaries are 17% less than those of Health and Medical.

Salary comparison with similar jobs

Job TitleAverage Salary
Academic Clinician12,400,000 GNF+160%
Admitting Officer4,780,000 GNF-1%
Ambulance Dispatcher4,910,000 GNF+2%
Ambulance Driver4,470,000 GNF-7%
Ambulance Officer and Paramedic5,280,000 GNF+9%
Ambulatory Services Director9,650,000 GNF+100%
Anatomic Pathology Supervisor11,700,000 GNF+140%
Anesthesia Technician6,880,000 GNF+42%
Anesthesiologist21,500,000 GNF+350%
Anesthesiology Assistant7,220,000 GNF+49%
Assistant Optometrist5,750,000 GNF+19%
Audiologist12,400,000 GNF+160%
Biomedical Engineering Director9,630,000 GNF+99%
Biomedical Engineering Technician5,020,000 GNF+4%
Cardiac Technician4,800,000 GNF-1%
Cardiovascular Specialist25,200,000 GNF+420%
Cardiovascular Technologist9,460,000 GNF+96%
Central Sterile Processing Technician5,880,000 GNF+22%
Charge Entry Specialist6,260,000 GNF+30%
Clinical Application Specialist6,360,000 GNF+32%
Clinical Biochemist11,500,000 GNF+140%
Clinical Cytogeneticist9,740,000 GNF+100%
Clinical Data Reviewer6,310,000 GNF+31%
Clinical Development Specialist7,810,000 GNF+62%
Clinical Field Associate6,200,000 GNF+28%
Clinical Genetic Technologist9,710,000 GNF+100%
Clinical Microbiologist12,700,000 GNF+160%
Clinical Molecular Geneticist10,500,000 GNF+120%
Clinical Neuropsychologist13,100,000 GNF+170%
Clinical Research Coordinator7,350,000 GNF+52%
Clinical Scientist12,800,000 GNF+170%
CME Specialist10,700,000 GNF+120%
CT Technologist6,350,000 GNF+31%
Cytogenetic Technologist9,380,000 GNF+94%
Diagnostic Medical Sonographer7,660,000 GNF+59%
Dispensing Optician6,110,000 GNF+27%
Dosimetrist9,000,000 GNF+86%
EKG Technician6,060,000 GNF+25%
Endoscopic Assistant5,210,000 GNF+8%
Endoscopy Technician5,440,000 GNF+13%
Enterostomal Therapist8,690,000 GNF+80%
Epidemiologist10,400,000 GNF+120%
FGP Ultrasound Techncian5,170,000 GNF+7%
Health Systems Specialist8,060,000 GNF+67%
Health Technologist8,960,000 GNF+86%
Healthcare Data Analyst6,450,000 GNF+34%
Hearing Aid Specialist6,720,000 GNF+39%
Histotechnologist8,470,000 GNF+75%
Immunologist11,800,000 GNF+140%
Industrial Hygienist8,440,000 GNF+75%
Infection Control Coordinator6,100,000 GNF+26%
Infection Control Practitioner13,600,000 GNF+180%
Infection Preventionist9,700,000 GNF+100%
Informatics Practice Specialist7,140,000 GNF+48%
Interventional Radiographer10,200,000 GNF+110%
Lab Assistant5,120,000 GNF+6%
Laboratory Manager9,260,000 GNF+92%
Laboratory Technician4,830,000 GNF=
Low Vision Therapist11,600,000 GNF+140%
Mammography Technician5,330,000 GNF+10%
Medical Coder4,580,000 GNF-5%
Medical Courier3,550,000 GNF-27%
Medical Equipment Preparer5,280,000 GNF+9%
Medical Forms Designer4,390,000 GNF-9%
Medical Technologist5,390,000 GNF+12%
MRI Technologist5,450,000 GNF+13%
Music Therapist7,570,000 GNF+57%
Neonatologist14,500,000 GNF+200%
Neurodiagnostic Techncian5,380,000 GNF+11%
Neuropsychology Testing Assistant4,660,000 GNF-4%
Nuclear Medical Technician7,520,000 GNF+56%
Nuclear Medicine Technolgoist7,630,000 GNF+58%
Nutrition Assistant5,150,000 GNF+7%
Occupaitional Therapy Assistant5,250,000 GNF+9%
Operating Room Scheduler4,930,000 GNF+2%
Operating Room Services Director15,200,000 GNF+210%
Ophthalmic Assistant5,440,000 GNF+13%
Ophthalmic Laboratory Technician5,390,000 GNF+12%
Optician11,800,000 GNF+140%
Orthopedic Technician5,600,000 GNF+16%
Orthoptist14,800,000 GNF+210%
Orthotist14,600,000 GNF+200%
Pathology Assistant5,220,000 GNF+8%
Perfusionist17,200,000 GNF+260%
Phlebotomist3,990,000 GNF-17%
Pre Authorization Case Manager7,650,000 GNF+58%
Prosthetist12,200,000 GNF+150%
Radiation Therapist18,100,000 GNF+270%
Radiation Therapy Technologist7,490,000 GNF+55%
Radiographer12,000,000 GNF+150%
Radiography Technologist7,430,000 GNF+54%
Radiologic Technologist7,400,000 GNF+53%
Radiology Technologist7,790,000 GNF+61%
Respiratory Care Practitioner13,600,000 GNF+180%
Respiratory Therapist10,500,000 GNF+120%
Respiratory Therapy Technician5,940,000 GNF+23%
Sonographer7,470,000 GNF+55%
Sonography Technologist7,660,000 GNF+59%
Speech and Language Pathologist11,000,000 GNF+130%
Ultrasonographer5,980,000 GNF+24%
Ultrasound Technologist5,560,000 GNF+15%
Vascular Technologist5,010,000 GNF+4%
X-Ray Technologist7,830,000 GNF+62%

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.

Private Sector
6,580,000 GNF
Public Sector+11%
7,280,000 GNF
Percentage increase and decrease are relative to the previous value

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