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Advertising / Grapic Design / Events Average Salaries in Equatorial Guinea 2021

How much money does a person working in Advertising / Grapic Design / Events make in Equatorial Guinea?


Average Monthly Salary
451,000 XAF
( 5,410,000 XAF yearly)

LOW
213,000
XAF
AVERAGE
451,000
XAF
HIGH
818,000
XAF

A person working in Advertising / Grapic Design / Events in Equatorial Guinea typically earns around 451,000 XAF per month. Salaries range from 213,000 XAF (lowest average) to 818,000 XAF (highest average, actual maximum salary is higher).

This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Advertising / Grapic Design / Events 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
Advertising Account Executive510,000 XAF
Advertising Account Manager574,000 XAF
Advertising Account Planner281,000 XAF
Advertising Coordinator355,000 XAF
Advertising Manager767,000 XAF
Advertising Operations Manager798,000 XAF
Advertising Strategic Planner496,000 XAF
Advertising Team Leader453,000 XAF
Animator321,000 XAF
Art Director472,000 XAF
Artist393,000 XAF
Artworker274,000 XAF
Assistant Art Director360,000 XAF
Audiosual Technician269,000 XAF
Broadcast Administrator466,000 XAF
Catering Sales288,000 XAF
Catering Trainer358,000 XAF
Commercial and Industrial Designer272,000 XAF
Conference Organiser346,000 XAF
Content and Media Production Lead546,000 XAF
CopyWriter321,000 XAF
Creative Designer366,000 XAF
Creative Director455,000 XAF
Designer 264,000 XAF
Desktop Publisher223,000 XAF
Director of Graphic Design419,000 XAF
Events and Promotions Manager768,000 XAF
Exhibit Display Coordinator351,000 XAF
Exhibit Display Manager499,000 XAF
Finisher252,000 XAF
Graphic Artist290,000 XAF
Graphic Designer298,000 XAF
Graphics Design Supervisor418,000 XAF
Imagery Analyst282,000 XAF
Imaging Technologist272,000 XAF
Interaction Designer241,000 XAF
Media Planner377,000 XAF
Media Production Coordinator365,000 XAF
Media Production Manager636,000 XAF
Media Project Manager610,000 XAF
Media Relations Representative546,000 XAF
Media Sales Executive592,000 XAF
Multimedia Specialist272,000 XAF
Photographer271,000 XAF
PPC Campaign Manager486,000 XAF
Print Production Manager517,000 XAF
Product and Brand Manager719,000 XAF
Sales Promotion Manager711,000 XAF
Sketch Artist330,000 XAF
Social Media Executive608,000 XAF
Technical Typist213,000 XAF
User Experience UX Designer337,000 XAF
UX Designer283,000 XAF

Advertising / Grapic Design / Events Jobs Salary Distribution in Equatorial Guinea

Median and salary distribution monthly Equatorial Guinea Advertising / Grapic Design / Events
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The median, the maximum, the minimum, and the range

  • Salary Range

    Advertising / Grapic Design / Events salaries in Equatorial Guinea range from 213,000 XAF per month (minimum average salary) to 818,000 XAF per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 433,000 XAF per month, which means that half (50%) of people working in Advertising / Grapic Design / Events are earning less than 433,000 XAF while the other half are earning more than 433,000 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 people working in Advertising / Grapic Design / Events are earning less than 291,000 XAF while 75% of them are earning more than 291,000 XAF. Also from the diagram, 75% of people working in Advertising / Grapic Design / Events are earning less than 600,000 XAF while 25% are earning more than 600,000 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

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 Equatorial Guinea costs anywhere from 2,390,000 CFA Franc BEAC(s) to 7,170,000 CFA Franc BEAC(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.

Advertising / Grapic Design / Events Salary Comparison By Gender

Salary comparison by gender monthly Equatorial Guinea Advertising / Grapic Design / Events
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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 Equatorial Guinea who work in Advertising / Grapic Design / Events earn 12% more than their female counterparts on average.

Male
481,000 XAF
Female-10%
431,000 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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Advertising / Grapic Design / Events Average Annual Salary Increment Percentage in Equatorial Guinea

How much are annual salary increments in Equatorial Guinea for Advertising / Grapic Design / Events professionals? How often do employees get salary raises?

Advertising / Grapic Design / Events

Advertising / Grapic Design / Events professionals in Equatorial Guinea are likely to observe a salary increase of approximately 6% every 27 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Equatorial Guinea Advertising / Grapic Design / Events
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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 2020

Banking
3%
Energy
6%
Information Technology
9%
Healthcare
3%
Travel
6%
Construction
9%
Education
3%

Listed above are the average annual increase rates for each industry in Equatorial Guinea 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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Advertising / Grapic Design / Events Bonus and Incentive Rates in Equatorial Guinea

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Equatorial Guinea Advertising / Grapic Design / Events
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Advertising / Grapic Design / Events 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.

67% of surveyed staff in Advertising / Grapic Design / Events reported that they haven't received any bonuses or incentives in the previous year while 33% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 5% of their annual salary.

Received Bonus
33%
No Bonus
67%

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.

Advertising / Grapic Design / Events Hourly Average Wage in Equatorial Guinea


2,600 XAF per hour

The average hourly wage (pay per hour) in Equatorial Guinea is 2,600 XAF. This means that the average person in Equatorial Guinea earns approximately 2,600 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.

Advertising / Grapic Design / Events VS Other Jobs

Salary Comparison Between Advertising / Grapic Design / Events and Advertising / Grapic Design / Events monthly Equatorial Guinea
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The average salary for Advertising / Grapic Design / Events is 6% less than that of All Jobs.

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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