Average Account Service Representative Salary in Lesotho for 2024

In this article, we will look at the average Account Service Representative salary for 2024 in Lesotho 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 Lesotho loti. To keep things simple, we are using the LSL currency code instead of the currency symbol L.

How Much Does an Account Service Representative Make in Lesotho?

An Account Service Representative working in Lesotho will typically earn around 61,580 LSL per year, and this can range from the lowest average salary of about 27,020 LSL to the highest average salary of 99,460 LSL.

These are average salaries for an Account Service Representative in Lesotho and include benefits such as housing and transport. It's also possible for an Account Service Representative to earn more or less than the average salaries shown above.

Account Service Representative 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 Account Service Representative Salaries in Lesotho

So we've looked at the average salaries an Account Service Representative will earn in Lesotho. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Account Service Representative can earn between 27,020 LSL and 99,460 LSL on average in Lesotho. 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 an Account Service Representative in Lesotho is 66,120 LSL. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 66,120 LSL, and 50% of the population earn more than 66,120 LSL.

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 Account Service Representative salary in Lesotho, 25% of the population are earning less than 45,060 LSL while 75% of the population earn more than 45,060 LSL.

75% of the population earn less than 92,300 LSL, and 25% of the population earn more than 92,300 LSL.

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.

Account Service Representative Salary by Experience Level in Lesotho

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 account service representative 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. An Account Service Representative in Lesotho that has less than two years of experience can expect to earn somewhere in the region of 31,980 LSL.
• 2 - 5 Years Experience. With two to five years of experience the average Account Service Representative salary would increase to 45,200 LSL.
• 5 - 10 Years Experience. From five to ten years of experience as an Account Service Representative, the average salary would be 63,400 LSL.
• 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 79,260 LSL.
• 15 - 20 Years Experience. An Account Service Representative with 15 to 20 years of experience can earn an average of 85,440 LSL.
• 20+ Years Experience. For an Account Service Representative with more than 20 years, the expected average salary increases to 91,840 LSL.

Average Salary by Experience Chart

Account Service Representative Salary by Education Level in Lesotho

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 an Account Service Representative in Lesotho based on the education level of the employees in order to find out whether a better education level would increase your salary.

• High School. An Account Service Representative in Lesotho with a high school education can earn an average salary of 37,740 LSL.

• Certificate or Diploma. An Account Service Representative in Lesotho with a certificate or diploma education can earn an average salary of 60,400 LSL.

• Bachelor's Degree. An Account Service Representative in Lesotho with a bachelor's degree education can earn an average salary of 99,920 LSL.

Average Salary by Education Chart

Account Service Representative 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 Lesotho, a male account service representative will earn an average of 68,900 LSL, while a female account service representative will earn around 56,460 LSL.

This means that a male account service representative earns approximately 22% more than a female account service representative for performing the same job.

Average Salary by Gender Chart in Lesotho

Account Service Representative Average Pay Raise in Lesotho

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 an Account Service Representative in Lesotho is around 6% every 28 months.

The national average pay raise across all professions and industries in Lesotho 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 = ( 6 ÷ 28 ) × 12  = 3%

What this means is that an Account Service Representative in Lesotho can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Lesotho for 2024

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

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

Account Service Representative Bonus and Incentive Rates in Lesotho

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.

An Account Service Representative is a low bonus based job, with 40% of employees reporting at least one bonus in the last 12 months.

60% 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 2% to 7%.

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 Lesotho earn approximately 13% more than private sector employees in the same role.

Salaries for Jobs Similar to an Account Service Representative

In the table below, we have salary information for jobs that are similar to an Account Service Representative in Lesotho.

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