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Pharmaceutical and Biotechnology Average Salaries in Nigeria 2021

How much money does a person working in Pharmaceutical and Biotechnology make in Nigeria?


Average Monthly Salary
455,000 NGN
( 5,460,000 NGN yearly)

LOW
227,000
NGN
AVERAGE
455,000
NGN
HIGH
806,000
NGN

A person working in Pharmaceutical and Biotechnology in Nigeria typically earns around 455,000 NGN per month. Salaries range from 227,000 NGN (lowest average) to 806,000 NGN (highest average, actual maximum salary is higher).

This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Pharmaceutical and Biotechnology careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Salaries for specific jobs

Job TitleAverage Salary
Assistant Pharmacist273,000 NGN
Assistant Pharmacy Director550,000 NGN
Associate Medical Affairs Director724,000 NGN
Bioinformatics Scientist664,000 NGN
Bioinformatics Technician294,000 NGN
Biological Scientist727,000 NGN
Biological Technician299,000 NGN
Biomedical Engineer285,000 NGN
Biomedical Engineering Director530,000 NGN
Biostatistician455,000 NGN
Biotechnologist 438,000 NGN
Biotechnology Lead Data Manager333,000 NGN
Chemical Process Technician322,000 NGN
Clinical Consultant449,000 NGN
Clinical Data Manager424,000 NGN
Clinical Data Specialist413,000 NGN
Clinical Operations Manager603,000 NGN
Clinical Pharmacist423,000 NGN
Clinical Pharmacy Specialist539,000 NGN
Clinical Programmer221,000 NGN
Clinical Project Manager413,000 NGN
Clinical Research Associate360,000 NGN
Clinical Research Manager588,000 NGN
Clinical Study Manager515,000 NGN
Compliance Specialist433,000 NGN
Cytology Laboratory Technologist339,000 NGN
Cytotechnologist359,000 NGN
GCP Auditor388,000 NGN
Hospital Pharmacy Technician339,000 NGN
Manufacturing Engineer373,000 NGN
Medical Affairs Director702,000 NGN
Medical Representative 277,000 NGN
Medical Science Liaison497,000 NGN
Molecular and Cellular Biologist680,000 NGN
Nuclear Pharmacist439,000 NGN
Pharmaceutical Manufacturing Lead829,000 NGN
Pharmaceutical Operations Excellence Manager685,000 NGN
Pharmaceutical Process Engineer405,000 NGN
Pharmaceutical Production Assistant Manager468,000 NGN
Pharmaceutical Quality Auditor463,000 NGN
Pharmaceutical Regulatory Affairs Assistant342,000 NGN
Pharmaceutical Regulatory Affairs Specialist398,000 NGN
Pharmaceutical Research Associate438,000 NGN
Pharmaceutical Research Scientist646,000 NGN
Pharmaceutical Researcher654,000 NGN
Pharmaceutical Sales and Marketing Manager546,000 NGN
Pharmaceutical Sales Manager598,000 NGN
Pharmaceutical Sales Representative291,000 NGN
Pharmaceutical Supply Chain Manager641,000 NGN
Pharmaceutical Team Leader466,000 NGN
Pharmaceutical Technologist329,000 NGN
Pharmacist444,000 NGN
Pharmacy Aide278,000 NGN
Pharmacy Manager601,000 NGN
Pharmacy Stock Controller259,000 NGN
Pharmacy Technician245,000 NGN
Records Management Coordinator236,000 NGN
Shift Encapsulator268,000 NGN
Staff Pharmacist413,000 NGN

Pharmaceutical and Biotechnology Jobs Salary Distribution in Nigeria

Median and salary distribution monthly Nigeria Pharmaceutical and Biotechnology
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The median, the maximum, the minimum, and the range

  • Salary Range

    Pharmaceutical and Biotechnology salaries in Nigeria range from 227,000 NGN per month (minimum average salary) to 806,000 NGN per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 473,000 NGN per month, which means that half (50%) of people working in Pharmaceutical and Biotechnology are earning less than 473,000 NGN while the other half are earning more than 473,000 NGN. 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 people working in Pharmaceutical and Biotechnology are earning less than 315,000 NGN while 75% of them are earning more than 315,000 NGN. Also from the diagram, 75% of people working in Pharmaceutical and Biotechnology are earning less than 665,000 NGN while 25% are earning more than 665,000 NGN.


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

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.

Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.


Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.

As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.

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.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.


Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.

Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma.

Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.

Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.


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 Nigeria costs anywhere from 1,690,000 Naira(s) to 5,080,000 Naira(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 this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.

Pharmaceutical and Biotechnology Salary Comparison By Gender

Salary comparison by gender monthly Nigeria Pharmaceutical and Biotechnology
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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 employees in Nigeria who work in Pharmaceutical and Biotechnology earn 9% more than their female counterparts on average.

Male
484,000 NGN
Female-9%
442,000 NGN
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Nigeria for all Careers

Salary comparison by gender monthly Nigeria
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Pharmaceutical and Biotechnology Average Annual Salary Increment Percentage in Nigeria

How much are annual salary increments in Nigeria for Pharmaceutical and Biotechnology professionals? How often do employees get salary raises?

Pharmaceutical and Biotechnology

Pharmaceutical and Biotechnology professionals in Nigeria are likely to observe a salary increase of approximately 9% every 18 months. The national average annual increment for all professions combined is 8% granted to employees every 19 months.

Annual Salary Increment Rate Nigeria Pharmaceutical and Biotechnology
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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.

Nigeria / 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 Nigeria is 5%.

Annual Increment Rate By Industry 2020

Banking
5%
Energy
1%
Information Technology
6%
Healthcare
2%
Travel
7%
Construction
3%
Education
8%

Listed above are the average annual increase rates for each industry in Nigeria for the year 2020. 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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Pharmaceutical and Biotechnology Bonus and Incentive Rates in Nigeria

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Nigeria Pharmaceutical and Biotechnology
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Pharmaceutical and Biotechnology is considered to be a moderate bonus-based field 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.

49% of surveyed staff in Pharmaceutical and Biotechnology reported that they haven't received any bonuses or incentives in the previous year while 51% 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
51%
No Bonus
49%

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.

Pharmaceutical and Biotechnology Hourly Average Wage in Nigeria


2,630 NGN per hour

The average hourly wage (pay per hour) in Nigeria is 2,630 NGN. This means that the average person in Nigeria earns approximately 2,630 NGN 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.

Pharmaceutical and Biotechnology VS Other Jobs

Salary Comparison Between Pharmaceutical and Biotechnology and Pharmaceutical and Biotechnology monthly Nigeria
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The average salary for Pharmaceutical and Biotechnology is 34% more than that of All Jobs.

Salary Comparison By City

CityAverage Salary
Benin City388,000 NGN
Ibadan434,000 NGN
Kaduna409,000 NGN
Kano451,000 NGN
Lagos472,000 NGN

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 Nigeria earn 6% more than their private sector counterparts on average across all sectors.

Private Sector
328,000 NGN
Public Sector+6%
347,000 NGN
Percentage increase and decrease are relative to the previous value

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