Average Barber Salary in Suriname for 2024

In this article, we will look at the average Barber 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 a Barber Make in Suriname?

A Barber working in Suriname will typically earn around 24,200 SRD per year, and this can range from the lowest average salary of about 12,620 SRD to the highest average salary of 38,780 SRD.

Average Annual Salary
24,200 SRD
Average Monthly Salary
2,016 SRD

Lowest Annual Salary
12,620 SRD
Lowest Monthly Salary
1,051 SRD

Highest Annual Salary
38,780 SRD
Highest Monthly Salary
3,231 SRD

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

Barber 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 Barber Salaries in Suriname

So we've looked at the average salaries a Barber will earn in Suriname. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Barber can earn between 12,620 SRD and 38,780 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 a Barber in Suriname is 26,660 SRD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 26,660 SRD, and 50% of the population earn more than 26,660 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 Barber salary in Suriname, 25% of the population are earning less than 17,860 SRD while 75% of the population earn more than 17,860 SRD.

75% of the population earn less than 35,000 SRD, and 25% of the population earn more than 35,000 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.

Barber 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 barber 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 Barber in Suriname that has less than two years of experience can expect to earn somewhere in the region of 12,620 SRD.
  • 2 - 5 Years Experience. With two to five years of experience the average Barber salary would increase to 19,020 SRD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Barber, the average salary would be 26,660 SRD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 34,160 SRD.
  • 15 - 20 Years Experience. A Barber with 15 to 20 years of experience can earn an average of 34,280 SRD.
  • 20+ Years Experience. For a Barber with more than 20 years, the expected average salary increases to 37,800 SRD.

Average Salary by Experience Chart

0-2 Years
12,620 SRD
2-5 Years +38%
19,020 SRD
5-10 Years +42%
26,660 SRD
10-15 Years +22%
34,160 SRD
15-20 Years +6%
34,280 SRD
20+ Years +9%
37,800 SRD

Barber 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 a Barber 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. A Barber in Suriname with a high school education can earn an average salary of 15,920 SRD.

  • Certificate or Diploma. A Barber in Suriname with a certificate or diploma education can earn an average salary of 32,200 SRD.

Average Salary by Education Chart

High School
15,920 SRD
Certificate or Diploma +81%
32,200 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.

Barber 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 barber will earn an average of 26,020 SRD, while a female barber will earn around 26,500 SRD.

This means that a male barber earns approximately 2% less than a female barber for performing the same job.

Average Salary by Gender Chart in Suriname

Male
26,020 SRD
Female +2%
26,500 SRD

Barber 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 a Barber in Suriname is around 6% every 28 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 ÷ 28 ) × 12  = 3%

What this means is that a Barber in Suriname can expect to receive an average pay raise of around 3% 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%

Barber 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.

A Barber is a low bonus based job, with 14% of employees reporting at least one bonus in the last 12 months.

86% 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 0% to 4%.

Received Bonus
14%
No Bonus
86%

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 a Barber

In the table below, we have salary information for jobs that are similar to a Barber in Suriname.

Job Title Category Salary
Alterations Specialist Fashion and Apparel 24,860 SRD
Bench Jeweler Fashion and Apparel 20,760 SRD
Clothing and Textile Technologist Fashion and Apparel 52,880 SRD
Cosmetology Educator Fashion and Apparel 60,020 SRD
Diamond Setter Fashion and Apparel 28,180 SRD
Diamond Worker Fashion and Apparel 36,940 SRD
Fabric Manager Fashion and Apparel 64,640 SRD
Fashion Design Manager Fashion and Apparel 104,600 SRD
Fashion Designer Fashion and Apparel 89,280 SRD
Fashion Merchandiser Fashion and Apparel 38,700 SRD
Fashion Model Fashion and Apparel 55,020 SRD
Freelance Fashion Stylist Fashion and Apparel 91,960 SRD
Garment Technologist Fashion and Apparel 55,220 SRD
Hairstylist Fashion and Apparel 29,840 SRD
Jeweler Fashion and Apparel 46,980 SRD
Jewelry Mold Maker Fashion and Apparel 31,520 SRD
Jewelry Polisher Fashion and Apparel 20,940 SRD
Jewelry Sales Fashion and Apparel 41,660 SRD
Plating Manager Fashion and Apparel 65,080 SRD
Product Development Manager Fashion and Apparel 117,860 SRD
Sewing Machine Operator Fashion and Apparel 18,280 SRD
Shoe Sales Fashion and Apparel 32,200 SRD
Supply Chain Manager Fashion and Apparel 103,260 SRD
Tailor / Fitter Fashion and Apparel 24,720 SRD
Trend Forecaster Fashion and Apparel 59,660 SRD
Visual Merchandising Coordinator Fashion and Apparel 40,640 SRD
Visual Merchandising Projects Manager Fashion and Apparel 88,600 SRD

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