Average Asset Protection Associate Salary in Sierra Leone for 2024

In this article, we will look at the average Asset Protection Associate salary for 2024 in Sierra Leone 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 Sierra Leonean leone. To keep things simple, we are using the SLL currency code instead of the currency symbol Le.

How Much Does an Asset Protection Associate Make in Sierra Leone?

An Asset Protection Associate working in Sierra Leone will typically earn around 81,600,600 SLL per year, and this can range from the lowest average salary of about 42,479,000 SLL to the highest average salary of 124,799,100 SLL.

Average Annual Salary
81,600,600 SLL
Average Monthly Salary
6,800,050 SLL

Lowest Annual Salary
42,479,000 SLL
Lowest Monthly Salary
3,539,916 SLL

Highest Annual Salary
124,799,100 SLL
Highest Monthly Salary
10,399,925 SLL

These are average salaries for an Asset Protection Associate in Sierra Leone and include benefits such as housing and transport. It's also possible for an Asset Protection Associate to earn more or less than the average salaries shown above.

Asset Protection Associate 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 Asset Protection Associate Salaries in Sierra Leone

So we've looked at the average salaries an Asset Protection Associate will earn in Sierra Leone. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Asset Protection Associate can earn between 42,479,000 SLL and 124,799,100 SLL on average in Sierra Leone. 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 Asset Protection Associate in Sierra Leone is 78,358,100 SLL. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 78,358,100 SLL, and 50% of the population earn more than 78,358,100 SLL.

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 Asset Protection Associate salary in Sierra Leone, 25% of the population are earning less than 54,358,300 SLL while 75% of the population earn more than 54,358,300 SLL.

75% of the population earn less than 97,561,300 SLL, and 25% of the population earn more than 97,561,300 SLL.

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.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Asset Protection Associate Salary by Experience Level in Sierra Leone

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 asset protection associate 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 Asset Protection Associate in Sierra Leone that has less than two years of experience can expect to earn somewhere in the region of 48,239,000 SLL.
  • 2 - 5 Years Experience. With two to five years of experience the average Asset Protection Associate salary would increase to 64,681,900 SLL.
  • 5 - 10 Years Experience. From five to ten years of experience as an Asset Protection Associate, the average salary would be 84,001,900 SLL.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 101,759,700 SLL.
  • 15 - 20 Years Experience. An Asset Protection Associate with 15 to 20 years of experience can earn an average of 111,241,200 SLL.
  • 20+ Years Experience. For an Asset Protection Associate with more than 20 years, the expected average salary increases to 117,001,300 SLL.

Average Salary by Experience Chart

0-2 Years
48,239,000 SLL
2-5 Years +34%
64,681,900 SLL
5-10 Years +30%
84,001,900 SLL
10-15 Years +21%
101,759,700 SLL
15-20 Years +9%
111,241,200 SLL
20+ Years +5%
117,001,300 SLL

Asset Protection Associate Salary by Education Level in Sierra Leone

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 Asset Protection Associate in Sierra Leone 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 Asset Protection Associate in Sierra Leone with a high school education can earn an average salary of 58,079,300 SLL.

  • Certificate or Diploma. An Asset Protection Associate in Sierra Leone with a certificate or diploma education can earn an average salary of 66,359,800 SLL.

  • Bachelor's Degree. An Asset Protection Associate in Sierra Leone with a bachelor's degree education can earn an average salary of 93,478,400 SLL.

  • Master's Degree. An Asset Protection Associate in Sierra Leone with a master's degree education can earn an average salary of 113,281,500 SLL.

Average Salary by Education Chart

High School
58,079,300 SLL
Certificate or Diploma +14%
66,359,800 SLL
Bachelor's Degree +41%
93,478,400 SLL
Master's Degree +21%
113,281,500 SLL

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Sierra Leone is around 28,500,000 to 85,500,000 SLL and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Asset Protection Associate 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 Sierra Leone, a male asset protection associate will earn an average of 87,721,200 SLL, while a female asset protection associate will earn around 77,641,200 SLL.

This means that a male asset protection associate earns approximately 13% more than a female asset protection associate for performing the same job.

Average Salary by Gender Chart in Sierra Leone

Male
87,721,200 SLL
Female -13%
77,641,200 SLL

Asset Protection Associate Average Pay Raise in Sierra Leone

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 Asset Protection Associate in Sierra Leone is around 9% every 28 months.

The national average pay raise across all professions and industries in Sierra Leone is around 4% every 29 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 = ( 9 ÷ 28 ) × 12  = 4%

What this means is that an Asset Protection Associate in Sierra Leone can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Sierra Leone for 2024

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

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

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

Asset Protection Associate Bonus and Incentive Rates in Sierra Leone

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 Asset Protection Associate is a low bonus based job, with 36% of employees reporting at least one bonus in the last 12 months.

64% 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 3% to 5%.

Received Bonus
36%
No Bonus
64%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

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 Sierra Leone earn approximately 14% more than private sector employees in the same role.

Public Sector
71,878,800 SLL
Private Sector -14%
63,000,700 SLL

Salaries for Jobs Similar to an Asset Protection Associate

In the table below, we have salary information for jobs that are similar to an Asset Protection Associate in Sierra Leone.

Job Title Category Salary
Account Coordinator Executive and Management 61,199,900 SLL
Account Director Executive and Management 72,718,100 SLL
Account Executive Executive and Management 75,838,700 SLL
Account Manager Executive and Management 69,241,100 SLL
Administration Manager Executive and Management 71,999,700 SLL
Administration Officer Executive and Management 38,158,300 SLL
Administration Supervisor Executive and Management 59,398,900 SLL
Administrative Clerk Executive and Management 28,200,200 SLL
Administrative Officer Executive and Management 28,318,900 SLL
Area Director Executive and Management 70,318,900 SLL
Area Manager Executive and Management 66,481,700 SLL
Assistant Director Executive and Management 76,560,700 SLL
Assistant General Manager Executive and Management 81,600,600 SLL
Assistant Manager Executive and Management 83,160,200 SLL
Assistant Managing Director Executive and Management 85,801,100 SLL
Assistant Operations Manager Executive and Management 87,001,300 SLL
Assistant Project Manager Executive and Management 79,438,400 SLL
Assistant Section Head Executive and Management 65,280,600 SLL
Assistant to CEO Executive and Management 71,761,200 SLL
Assistant Vice President Executive and Management 77,519,100 SLL
Associate Account Director Executive and Management 77,159,200 SLL
Associate Director Executive and Management 77,881,500 SLL
Bid Manager Executive and Management 84,238,600 SLL
Branch Manager Executive and Management 84,479,000 SLL
Business Development Manager Executive and Management 97,081,600 SLL
Business Operations Associate Executive and Management 74,399,600 SLL
Business Operations Lead Executive and Management 76,439,700 SLL
Campaign Manager Executive and Management 87,358,200 SLL
Catering Coordinator Executive and Management 44,398,300 SLL
Catering Manager Executive and Management 73,198,300 SLL
CEO Executive and Management 149,999,200 SLL
Chairman of The Board Executive and Management 140,401,100 SLL
Chairman Office Manager Executive and Management 91,560,700 SLL
Chief Commercial Officer Executive and Management 110,280,700 SLL
Chief Corporate Officer Executive and Management 122,398,700 SLL
Chief Executive Officer Executive and Management 146,401,200 SLL
Chief Financial Officer Executive and Management 130,799,600 SLL
Chief Investment Officer Executive and Management 110,158,800 SLL
Chief of Staff Executive and Management 65,161,000 SLL
Chief Operating Officer Executive and Management 109,678,600 SLL
Chief Risk Officer Executive and Management 95,161,700 SLL
Client Account Manager Executive and Management 85,081,800 SLL
Client Accounts Officer Executive and Management 71,280,900 SLL
Client Services Manager Executive and Management 92,758,800 SLL
Commercial Director Executive and Management 94,561,900 SLL
Commercial Manager Executive and Management 85,681,300 SLL
Commercial Project Manager Executive and Management 77,159,200 SLL
Commodity Broker Executive and Management 59,640,200 SLL
COO Executive and Management 111,838,600 SLL
Corporate Affairs Executive Executive and Management 87,358,200 SLL
Corporate Compliance Director Executive and Management 94,561,900 SLL
Corporate Director Executive and Management 98,880,700 SLL
Corporate Officer Executive and Management 67,558,400 SLL
Corporate Partnerships Officer Executive and Management 70,679,800 SLL
Country Manager Executive and Management 111,961,900 SLL
Department Head Executive and Management 86,641,400 SLL
Department Manager Executive and Management 86,160,100 SLL
Department Supervisor Executive and Management 74,039,800 SLL
Deputy Director Executive and Management 101,641,100 SLL
Deputy Manager Executive and Management 106,561,500 SLL
Director Executive and Management 110,879,600 SLL
Director of Accreditation Executive and Management 94,681,700 SLL
Director of Catering Services Executive and Management 84,718,900 SLL
Director of Client Services Executive and Management 97,081,600 SLL
Director of Facilities Management Executive and Management 77,159,200 SLL
Director of Operations Executive and Management 99,601,100 SLL
Director of Process Simplification Executive and Management 75,959,500 SLL
Director of Product Management Executive and Management 93,718,300 SLL
Director of Project Management Executive and Management 98,520,900 SLL
Director of Revenue Management Executive and Management 87,600,700 SLL
Director of Training and Development Executive and Management 89,639,700 SLL
Distribution Manager Executive and Management 95,399,800 SLL
Division Manager Executive and Management 87,838,100 SLL
Duty Manager Executive and Management 80,278,500 SLL
Engagement Manager Executive and Management 106,921,000 SLL
Executive Director Executive and Management 136,800,100 SLL
Executive Manager Executive and Management 119,998,200 SLL
Franchise Manager Executive and Management 123,599,800 SLL
General Manager Executive and Management 118,801,500 SLL
Global Master Data Manager Executive and Management 97,441,800 SLL
Global Technical Lead Executive and Management 70,438,600 SLL
Head of Investment Executive and Management 100,321,300 SLL
Head of Middle Office Executive and Management 87,240,100 SLL
Head of Projects Executive and Management 94,561,900 SLL
Head of Strategy Executive and Management 105,241,800 SLL
Head of Supply Chain Executive and Management 85,318,400 SLL
Head of Sustainability Executive and Management 77,881,500 SLL
Housing Manager Executive and Management 75,598,300 SLL
HSE Manager Executive and Management 78,838,900 SLL
Key Account Manager Executive and Management 80,398,400 SLL
Knowledge Manager Executive and Management 91,079,200 SLL
Location Manager Executive and Management 90,479,600 SLL
Logistics Executive Executive and Management 73,681,000 SLL
Logistics Manager Executive and Management 75,959,500 SLL
Management Consultant Executive and Management 80,278,500 SLL
Management Executive Executive and Management 104,279,900 SLL
Manager Executive and Management 93,118,500 SLL
Managing Director Executive and Management 121,199,300 SLL
MIS Executive Executive and Management 94,079,900 SLL
Ocean Services Manager Executive and Management 104,521,900 SLL
Operational Manager Executive and Management 97,199,500 SLL
Operations Analyst Executive and Management 88,681,800 SLL
Operations Assistant Executive and Management 72,718,100 SLL
Operations Director Executive and Management 109,921,700 SLL
Operations Executive Executive and Management 108,238,800 SLL
Operations Manager Executive and Management 103,441,400 SLL
Operations Supervisor Executive and Management 91,079,200 SLL
Planning Director Executive and Management 106,198,200 SLL
PMO Manager Executive and Management 89,639,700 SLL
Policy Administration Executive Executive and Management 80,759,700 SLL
Private Sector Executive Executive and Management 87,838,100 SLL
Product Development Manager Executive and Management 99,838,700 SLL
Product Executive Executive and Management 84,840,200 SLL
Production Executive Executive and Management 100,679,100 SLL
Production Manager Executive and Management 99,721,200 SLL
Production Supervisor Executive and Management 81,600,600 SLL
Program Director Executive and Management 101,519,900 SLL
Program Manager Executive and Management 101,999,800 SLL
Programme Coordinator Executive and Management 67,798,800 SLL
Project Control Manager Executive and Management 104,040,600 SLL
Project Coordinator Executive and Management 59,758,700 SLL
Project Management Officer Executive and Management 68,281,500 SLL
Project Manager Executive and Management 74,518,900 SLL
Project Portfolio Manager Executive and Management 76,801,100 SLL
Quality Manager Executive and Management 79,921,300 SLL
R/D Director Executive and Management 89,879,100 SLL
Regional Director Executive and Management 135,600,300 SLL
Regional Manager Executive and Management 104,758,300 SLL
Relationship Manager Executive and Management 97,081,600 SLL
Retail District Manager Executive and Management 69,359,500 SLL
Revenue Manager Executive and Management 74,399,600 SLL
Risk and Capital Manager Executive and Management 114,838,300 SLL
Risk Officer Executive and Management 76,439,700 SLL
Safety Manager Executive and Management 73,440,100 SLL
Section Head Executive and Management 75,838,700 SLL
Service Manager Executive and Management 75,598,300 SLL
Shift Supervisor Executive and Management 62,519,300 SLL
Solutions Manager Executive and Management 67,321,200 SLL
Supervisor Executive and Management 60,119,800 SLL
Supply Chain Manager Executive and Management 104,159,300 SLL
Surveyor Executive and Management 67,558,400 SLL
Technical Director Executive and Management 96,240,700 SLL
Technical Manager Executive and Management 94,801,100 SLL
Territory Manager Executive and Management 99,000,200 SLL
Validation Manager Executive and Management 84,479,000 SLL
Vice President Executive and Management 117,119,900 SLL
Zone Manager Executive and Management 100,439,300 SLL

Salary Comparison by City

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

City Average Salary
Freetown 71,699,900 SLL

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