Average Risk and Capital Manager Salary in Lubumbashi, Democratic Republic of the Congo for 2024

In this article, we will look at the average Risk and Capital Manager salary for 2024 in Lubumbashi and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Congolese franc. To keep things simple, we are using the CDF currency code instead of the currency symbol FC.

How Much Does a Risk and Capital Manager Make in Lubumbashi?

A Risk and Capital Manager working in Lubumbashi will typically earn around 10,499,200 CDF per year, and this can range from the lowest average salary of about 5,146,100 CDF to the highest average salary of 16,439,200 CDF.

These are average salaries for a Risk and Capital Manager in Lubumbashi and include benefits such as housing and transport. It's also possible for a Risk and Capital Manager to earn more or less than the average salaries shown above.

Risk and Capital Manager salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Risk and Capital Manager Salaries in Lubumbashi

So we've looked at the average salaries a Risk and Capital Manager will earn in Lubumbashi. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Risk and Capital Manager can earn between 5,146,100 CDF and 16,439,200 CDF on average in Lubumbashi. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Risk and Capital Manager in Lubumbashi is 10,716,600 CDF. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 10,716,600 CDF, and 50% of the population earn more than 10,716,600 CDF.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Risk and Capital Manager salary in Lubumbashi, 25% of the population are earning less than 7,140,500 CDF while 75% of the population earn more than 7,140,500 CDF.

75% of the population earn less than 13,798,900 CDF, and 25% of the population earn more than 13,798,900 CDF.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

Risk and Capital Manager Salary by Experience Level in Lubumbashi

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average risk and capital manager salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

• 0 - 2 Years Experience. A Risk and Capital Manager in Lubumbashi that has less than two years of experience can expect to earn somewhere in the region of 6,096,900 CDF.
• 2 - 5 Years Experience. With two to five years of experience the average Risk and Capital Manager salary would increase to 7,848,500 CDF.
• 5 - 10 Years Experience. From five to ten years of experience as a Risk and Capital Manager, the average salary would be 10,824,400 CDF.
• 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 13,441,600 CDF.
• 15 - 20 Years Experience. A Risk and Capital Manager with 15 to 20 years of experience can earn an average of 14,400,800 CDF.
• 20+ Years Experience. For a Risk and Capital Manager with more than 20 years, the expected average salary increases to 15,360,400 CDF.

Average Salary by Experience Chart

Risk and Capital Manager Salary by Education Level in Lubumbashi

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Risk and Capital Manager in Lubumbashi based on the education level of the employees in order to find out whether a better education level would increase your salary.

• High School. A Risk and Capital Manager in Lubumbashi with a high school education can earn an average salary of 7,618,900 CDF.

• Certificate or Diploma. A Risk and Capital Manager in Lubumbashi with a certificate or diploma education can earn an average salary of 8,737,100 CDF.

• Bachelor's Degree. A Risk and Capital Manager in Lubumbashi with a bachelor's degree education can earn an average salary of 11,772,100 CDF.

• Master's Degree. A Risk and Capital Manager in Lubumbashi with a master's degree education can earn an average salary of 14,760,200 CDF.

Average Salary by Education Chart

Risk and Capital Manager Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Lubumbashi, a male risk and capital manager will earn an average of 10,009,300 CDF, while a female risk and capital manager will earn around 8,316,900 CDF.

This means that a male risk and capital manager earns approximately 20% more than a female risk and capital manager for performing the same job.

Average Salary by Gender Chart in Lubumbashi

Risk and Capital Manager Average Pay Raise in Lubumbashi

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Risk and Capital Manager in Lubumbashi is around 10% every 28 months.

The national average pay raise across all professions and industries in Democratic Republic of the Congo is around 5% every 28 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 10 ÷ 28 ) × 12  = 4%

What this means is that a Risk and Capital Manager in Lubumbashi can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Lubumbashi for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Democratic Republic of the Congo.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Risk and Capital Manager Bonus and Incentive Rates in Lubumbashi

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Risk and Capital Manager is a moderate bonus based job, with 63% of employees reporting at least one bonus in the last 12 months.

37% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 6% to 8%.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Democratic Republic of the Congo earn approximately 7% more than private sector employees in the same role.

Salaries for Jobs Similar to a Risk and Capital Manager

In the table below, we have salary information for jobs that are similar to a Risk and Capital Manager in Lubumbashi.

Salary Comparison by City

If you want to compare salaries with different cities in Democratic Republic of the Congo, you can use the links below to explore the data for each specific city we have researched.

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