Average Assistant Contract Manager Salary in Suriname for 2024

In this article, we will look at the average Assistant Contract Manager salary for 2024 in Suriname 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 Surinamese dollar. To keep things simple, we are using the SRD currency code instead of the currency symbol $.

How Much Does an Assistant Contract Manager Make in Suriname?

An Assistant Contract Manager working in Suriname will typically earn around 67,560 SRD per year, and this can range from the lowest average salary of about 34,120 SRD to the highest average salary of 97,460 SRD.

Average Annual Salary
67,560 SRD
Average Monthly Salary
5,630 SRD

Lowest Annual Salary
34,120 SRD
Lowest Monthly Salary
2,843 SRD

Highest Annual Salary
97,460 SRD
Highest Monthly Salary
8,121 SRD

These are average salaries for an Assistant Contract Manager in Suriname and include benefits such as housing and transport. It's also possible for an Assistant Contract Manager to earn more or less than the average salaries shown above.

Assistant Contract 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 Assistant Contract Manager Salaries in Suriname

So we've looked at the average salaries an Assistant Contract Manager will earn in Suriname. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Assistant Contract Manager can earn between 34,120 SRD and 97,460 SRD on average in Suriname. 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 Assistant Contract Manager in Suriname is 58,800 SRD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 58,800 SRD, and 50% of the population earn more than 58,800 SRD.

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 Assistant Contract Manager salary in Suriname, 25% of the population are earning less than 44,800 SRD while 75% of the population earn more than 44,800 SRD.

75% of the population earn less than 74,060 SRD, and 25% of the population earn more than 74,060 SRD.

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.

Assistant Contract Manager Salary by Experience Level in Suriname

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 assistant contract 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. An Assistant Contract Manager in Suriname that has less than two years of experience can expect to earn somewhere in the region of 41,180 SRD.
  • 2 - 5 Years Experience. With two to five years of experience the average Assistant Contract Manager salary would increase to 50,180 SRD.
  • 5 - 10 Years Experience. From five to ten years of experience as an Assistant Contract Manager, the average salary would be 66,960 SRD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 82,480 SRD.
  • 15 - 20 Years Experience. An Assistant Contract Manager with 15 to 20 years of experience can earn an average of 91,320 SRD.
  • 20+ Years Experience. For an Assistant Contract Manager with more than 20 years, the expected average salary increases to 96,160 SRD.

Average Salary by Experience Chart

0-2 Years
41,180 SRD
2-5 Years +26%
50,180 SRD
5-10 Years +32%
66,960 SRD
10-15 Years +18%
82,480 SRD
15-20 Years +11%
91,320 SRD
20+ Years +6%
96,160 SRD

Assistant Contract Manager Salary by Education Level in Suriname

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 Assistant Contract Manager in Suriname 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 Assistant Contract Manager in Suriname with a high school education can earn an average salary of 49,560 SRD.

  • Certificate or Diploma. An Assistant Contract Manager in Suriname with a certificate or diploma education can earn an average salary of 58,440 SRD.

  • Bachelor's Degree. An Assistant Contract Manager in Suriname with a bachelor's degree education can earn an average salary of 73,020 SRD.

  • Master's Degree. An Assistant Contract Manager in Suriname with a master's degree education can earn an average salary of 93,100 SRD.

Average Salary by Education Chart

High School
49,560 SRD
Certificate or Diploma +13%
58,440 SRD
Bachelor's Degree +32%
73,020 SRD
Master's Degree +24%
93,100 SRD

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 Suriname is around 25,700 to 77,100 SRD 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.

Assistant Contract 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 Suriname, a male assistant contract manager will earn an average of 66,180 SRD, while a female assistant contract manager will earn around 61,680 SRD.

This means that a male assistant contract manager earns approximately 7% more than a female assistant contract manager for performing the same job.

Average Salary by Gender Chart in Suriname

Male
66,180 SRD
Female -7%
61,680 SRD

Assistant Contract Manager Average Pay Raise in Suriname

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 Assistant Contract Manager in Suriname is around 6% every 31 months.

The national average pay raise across all professions and industries in Suriname 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 ÷ 31 ) × 12  = 2%

What this means is that an Assistant Contract Manager in Suriname can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Suriname for 2024

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

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

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

Assistant Contract Manager Bonus and Incentive Rates in Suriname

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 Assistant Contract Manager is a moderate bonus based job, with 58% of employees reporting at least one bonus in the last 12 months.

42% 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 7%.

Received Bonus
58%
No Bonus
42%

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 Suriname earn approximately 20% more than private sector employees in the same role.

Public Sector
67,900 SRD
Private Sector -20%
56,460 SRD

Salaries for Jobs Similar to an Assistant Contract Manager

In the table below, we have salary information for jobs that are similar to an Assistant Contract Manager in Suriname.

Job Title Category Salary
Air Conditioning Technician Facilities / Maintenance / Repair 17,860 SRD
Assembly Supervisor Facilities / Maintenance / Repair 30,700 SRD
Building and Grounds Supervisor Facilities / Maintenance / Repair 42,960 SRD
Building Control Officer Facilities / Maintenance / Repair 38,060 SRD
Building Engineer Facilities / Maintenance / Repair 59,380 SRD
Building Services Engineer Facilities / Maintenance / Repair 53,160 SRD
Building Surveyor Facilities / Maintenance / Repair 36,020 SRD
Calibration Technician Facilities / Maintenance / Repair 21,560 SRD
Carpenter Facilities / Maintenance / Repair 23,080 SRD
Cemetery Manager Facilities / Maintenance / Repair 24,860 SRD
Chief Building Official Facilities / Maintenance / Repair 87,060 SRD
Clinical Facilities Planning Manager Facilities / Maintenance / Repair 92,680 SRD
Construction Laborer Facilities / Maintenance / Repair 17,540 SRD
Contracts Administrator Facilities / Maintenance / Repair 48,940 SRD
Contracts Manager Facilities / Maintenance / Repair 78,500 SRD
Facilities Coordinator Facilities / Maintenance / Repair 41,660 SRD
Facilities Director Facilities / Maintenance / Repair 97,900 SRD
Facilities Engineer Facilities / Maintenance / Repair 59,380 SRD
Facilities Maintenance Manager Facilities / Maintenance / Repair 88,240 SRD
Facilities Maintenance Supervisor Facilities / Maintenance / Repair 58,520 SRD
Facilities Manager Facilities / Maintenance / Repair 80,920 SRD
Field Service Manager Facilities / Maintenance / Repair 74,300 SRD
Field Service Technician Facilities / Maintenance / Repair 14,820 SRD
Fire Alarm System Installer Facilities / Maintenance / Repair 28,180 SRD
Glazier Facilities / Maintenance / Repair 16,980 SRD
HVAC Mechanic Facilities / Maintenance / Repair 17,860 SRD
HVAC Technician Facilities / Maintenance / Repair 20,300 SRD
Laborer Facilities / Maintenance / Repair 15,380 SRD
Maintenance Fitter Facilities / Maintenance / Repair 16,340 SRD
Maintenance Mechanic Facilities / Maintenance / Repair 15,920 SRD
Maintenance Officer Facilities / Maintenance / Repair 17,760 SRD
Maintenance Planner Facilities / Maintenance / Repair 29,040 SRD
Maintenance Supervisor Facilities / Maintenance / Repair 32,960 SRD
Maintenance Worker Facilities / Maintenance / Repair 15,380 SRD
Mechanic Facilities / Maintenance / Repair 19,200 SRD
Plant Engineer Facilities / Maintenance / Repair 53,160 SRD
Property Administration Officer Facilities / Maintenance / Repair 34,960 SRD
Service Engineer Facilities / Maintenance / Repair 56,100 SRD
Service Operations Manager Facilities / Maintenance / Repair 82,480 SRD
Technician Facilities / Maintenance / Repair 15,700 SRD
Tool Technician Facilities / Maintenance / Repair 16,140 SRD

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