Average Bookkeeper Salary in Botswana for 2024

In this article, we will look at the average Bookkeeper salary for 2024 in Botswana 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 Botswana pula. To keep things simple, we are using the BWP currency code instead of the currency symbol P.

How Much Does a Bookkeeper Make in Botswana?

A Bookkeeper working in Botswana will typically earn around 61,760 BWP per year, and this can range from the lowest average salary of about 35,300 BWP to the highest average salary of 96,960 BWP.

Average Annual Salary
61,760 BWP
Average Monthly Salary
5,146 BWP

Lowest Annual Salary
35,300 BWP
Lowest Monthly Salary
2,941 BWP

Highest Annual Salary
96,960 BWP
Highest Monthly Salary
8,080 BWP

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

Bookkeeper 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 Bookkeeper Salaries in Botswana

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

Salary ranges

We already know that a Bookkeeper can earn between 35,300 BWP and 96,960 BWP on average in Botswana. 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 Bookkeeper in Botswana is 57,620 BWP. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 57,620 BWP, and 50% of the population earn more than 57,620 BWP.

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 Bookkeeper salary in Botswana, 25% of the population are earning less than 40,640 BWP while 75% of the population earn more than 40,640 BWP.

75% of the population earn less than 69,720 BWP, and 25% of the population earn more than 69,720 BWP.

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.

Bookkeeper Salary by Experience Level in Botswana

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 bookkeeper 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 Bookkeeper in Botswana that has less than two years of experience can expect to earn somewhere in the region of 38,620 BWP.
  • 2 - 5 Years Experience. With two to five years of experience the average Bookkeeper salary would increase to 51,080 BWP.
  • 5 - 10 Years Experience. From five to ten years of experience as a Bookkeeper, the average salary would be 66,440 BWP.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 79,280 BWP.
  • 15 - 20 Years Experience. A Bookkeeper with 15 to 20 years of experience can earn an average of 84,560 BWP.
  • 20+ Years Experience. For a Bookkeeper with more than 20 years, the expected average salary increases to 92,900 BWP.

Average Salary by Experience Chart

0-2 Years
38,620 BWP
2-5 Years +26%
51,080 BWP
5-10 Years +32%
66,440 BWP
10-15 Years +18%
79,280 BWP
15-20 Years +11%
84,560 BWP
20+ Years +6%
92,900 BWP

Bookkeeper Salary by Education Level in Botswana

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 Bookkeeper in Botswana 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 Bookkeeper in Botswana with a high school education can earn an average salary of 51,080 BWP.

  • Certificate or Diploma. A Bookkeeper in Botswana with a certificate or diploma education can earn an average salary of 66,840 BWP.

  • Bachelor's Degree. A Bookkeeper in Botswana with a bachelor's degree education can earn an average salary of 89,120 BWP.

Average Salary by Education Chart

High School
51,080 BWP
Certificate or Diploma +37%
66,840 BWP
Bachelor's Degree +29%
89,120 BWP

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 Botswana is around 58,700 to 176,000 BWP 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.

Bookkeeper 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 Botswana, a male bookkeeper will earn an average of 64,920 BWP, while a female bookkeeper will earn around 60,180 BWP.

This means that a male bookkeeper earns approximately 8% more than a female bookkeeper for performing the same job.

Average Salary by Gender Chart in Botswana

Male
64,920 BWP
Female -8%
60,180 BWP

Bookkeeper Average Pay Raise in Botswana

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 Bookkeeper in Botswana is around 7% every 27 months.

The national average pay raise across all professions and industries in Botswana 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 = ( 7 ÷ 27 ) × 12  = 3%

What this means is that a Bookkeeper in Botswana can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Botswana for 2024

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

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

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Bookkeeper Bonus and Incentive Rates in Botswana

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 Bookkeeper is a low bonus based job, with 7% of employees reporting at least one bonus in the last 12 months.

93% 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 1% to 2%.

Received Bonus
7%
No Bonus
93%

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

Public Sector
148,300 BWP
Private Sector -14%
130,400 BWP

Salaries for Jobs Similar to a Bookkeeper

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

Job Title Category Salary
Account Examiner Accounting and Finance 80,180 BWP
Account Executive Accounting and Finance 130,400 BWP
Accountant Accounting and Finance 97,840 BWP
Accounting Analyst Accounting and Finance 128,500 BWP
Accounting Assistant Accounting and Finance 78,940 BWP
Accounting Associate Accounting and Finance 72,780 BWP
Accounting Clerk Accounting and Finance 60,880 BWP
Accounting Coordinator Accounting and Finance 94,900 BWP
Accounting Head Accounting and Finance 208,600 BWP
Accounting Manager Accounting and Finance 209,700 BWP
Accounting Officer Accounting and Finance 71,280 BWP
Accounting Specialist Accounting and Finance 139,100 BWP
Accounting Supervisor Accounting and Finance 142,300 BWP
Accounting Technician Accounting and Finance 75,040 BWP
Accounting Unit Controller Accounting and Finance 163,800 BWP
Accounts Executive Accounting and Finance 128,900 BWP
Accounts Officer Accounting and Finance 80,520 BWP
Accounts Payable and Receivable Specialist Accounting and Finance 102,620 BWP
Accounts Payable Assistant Accounting and Finance 78,480 BWP
Accounts Payable Associate Accounting and Finance 91,960 BWP
Accounts Payable Clerk Accounting and Finance 74,380 BWP
Accounts Payable Manager Accounting and Finance 207,800 BWP
Accounts Receivable Administrator Accounting and Finance 143,200 BWP
Accounts Receivable Clerk Accounting and Finance 70,840 BWP
Accounts Receivable Financial Analyst Accounting and Finance 148,300 BWP
Accounts Receivable Manager Accounting and Finance 194,600 BWP
Accounts Receivable Team Leader Accounting and Finance 143,200 BWP
Assistant Accountant Accounting and Finance 79,000 BWP
Assistant Accounting Manager Accounting and Finance 191,600 BWP
Assistant Auditor Accounting and Finance 99,560 BWP
Assistant Corporate Controller Accounting and Finance 136,100 BWP
Assistant Finance Manager Accounting and Finance 208,600 BWP
Assistant Financial Controller Accounting and Finance 128,900 BWP
Audit Director Accounting and Finance 232,900 BWP
Audit Supervisor Accounting and Finance 190,500 BWP
Auditing Clerk Accounting and Finance 80,520 BWP
Auditing Manager Accounting and Finance 217,900 BWP
Billing Clerk Accounting and Finance 75,280 BWP
Billing Coordinator Accounting and Finance 93,120 BWP
Billing Specialist Accounting and Finance 104,920 BWP
Billing Supervisor Accounting and Finance 159,100 BWP
Bookkeeping Specialist Accounting and Finance 99,100 BWP
Budget Analyst Accounting and Finance 172,200 BWP
Budget Manager Accounting and Finance 209,700 BWP
Business Support Analyst Accounting and Finance 111,240 BWP
Capital Markets Associate Accounting and Finance 151,800 BWP
Cash Flow Analyst Accounting and Finance 159,100 BWP
Cash Management Manager Accounting and Finance 191,600 BWP
Cash Management Officer Accounting and Finance 115,380 BWP
Cashbook Clerk Accounting and Finance 67,560 BWP
Chartered Accountant Accounting and Finance 130,400 BWP
Chief Accountant Accounting and Finance 157,600 BWP
Collections Clerk Accounting and Finance 64,640 BWP
Collections Representative Accounting and Finance 90,540 BWP
Collections Specialist Accounting and Finance 97,300 BWP
Corporate Controller Accounting and Finance 164,200 BWP
Corporate Treasurer Accounting and Finance 187,500 BWP
Cost Accountant Accounting and Finance 97,260 BWP
Cost Accounting Manager Accounting and Finance 197,600 BWP
Cost Accounting Supervisor Accounting and Finance 159,500 BWP
Cost Analyst Accounting and Finance 161,600 BWP
Credit and Collection Manager Accounting and Finance 205,700 BWP
Credit and Collection Staff Accounting and Finance 75,280 BWP
Credit and Loans Officer Accounting and Finance 74,300 BWP
Credit Controller Accounting and Finance 142,300 BWP
Credit Manager Accounting and Finance 204,000 BWP
Debt Adviser Accounting and Finance 172,200 BWP
Debt Collector Accounting and Finance 84,800 BWP
Debtors Clerk Accounting and Finance 69,540 BWP
Debtors Controller Accounting and Finance 71,280 BWP
Deputy CFO Accounting and Finance 267,100 BWP
Deputy Head of Finance Accounting and Finance 282,300 BWP
Derivative Trader Accounting and Finance 180,500 BWP
Director of Finance Accounting and Finance 309,800 BWP
Economist Accounting and Finance 225,300 BWP
Equity Analyst Accounting and Finance 180,300 BWP
Escrow Assistant Accounting and Finance 90,540 BWP
Executive Accountant Accounting and Finance 115,260 BWP
External Auditor Accounting and Finance 137,400 BWP
Finance Administrator Accounting and Finance 119,700 BWP
Finance Analyst Accounting and Finance 176,800 BWP
Finance Associate Accounting and Finance 90,620 BWP
Finance Director Accounting and Finance 288,700 BWP
Finance Executive Accounting and Finance 207,700 BWP
Finance Licensing Clerk Accounting and Finance 75,260 BWP
Finance Licensing Manager Accounting and Finance 183,700 BWP
Finance Licensing Specialist Accounting and Finance 109,000 BWP
Finance Manager Accounting and Finance 282,300 BWP
Finance Officer Accounting and Finance 93,140 BWP
Finance President Accounting and Finance 296,000 BWP
Finance Relationship Manager Accounting and Finance 239,000 BWP
Finance Release Analyst Accounting and Finance 111,900 BWP
Finance Specialist Accounting and Finance 172,400 BWP
Finance Team Leader Accounting and Finance 233,900 BWP
Financial Accountant Accounting and Finance 99,560 BWP
Financial Actuary Accounting and Finance 159,500 BWP
Financial Administrator Accounting and Finance 172,200 BWP
Financial Advisor Accounting and Finance 174,000 BWP
Financial Analyst Accounting and Finance 185,100 BWP
Financial Applications Specialist Accounting and Finance 125,700 BWP
Financial Assistant Accounting and Finance 85,080 BWP
Financial Associate Accounting and Finance 78,620 BWP
Financial Associate Accounting and Finance 96,160 BWP
Financial Claims Analyst Accounting and Finance 128,500 BWP
Financial Claims Manager Accounting and Finance 176,800 BWP
Financial Claims Supervisor Accounting and Finance 167,100 BWP
Financial Clerk Accounting and Finance 73,020 BWP
Financial Commercial Analyst Accounting and Finance 146,200 BWP
Financial Compliance Analyst Accounting and Finance 167,100 BWP
Financial Consultant Accounting and Finance 139,100 BWP
Financial Controller Accounting and Finance 152,300 BWP
Financial Controller Accounting and Finance 163,800 BWP
Financial Coordinator Accounting and Finance 92,300 BWP
Financial Customer Service Manager Accounting and Finance 185,100 BWP
Financial Dealer and Broker Accounting and Finance 106,960 BWP
Financial Director Accounting and Finance 301,300 BWP
Financial Encoder Accounting and Finance 82,720 BWP
Financial Manager Accounting and Finance 268,900 BWP
Financial Manager Accounting and Finance 296,000 BWP
Financial Operations Manager Accounting and Finance 246,200 BWP
Financial Policy Analyst Accounting and Finance 159,400 BWP
Financial Project Manager Accounting and Finance 207,800 BWP
Financial Quantitative Analyst Accounting and Finance 172,400 BWP
Financial Reporting Consultant Accounting and Finance 152,100 BWP
Financial Reporting Manager Accounting and Finance 195,200 BWP
Financial Section Head Accounting and Finance 201,100 BWP
Financial Services Manager Accounting and Finance 249,600 BWP
Financial Services Sales Agent Accounting and Finance 106,160 BWP
Fixed Assets Administrator Accounting and Finance 99,100 BWP
Forensic Accountant Accounting and Finance 119,700 BWP
Fraud Detection Supervisor Accounting and Finance 129,000 BWP
Fraud Prevention Manager Accounting and Finance 195,200 BWP
Fund Accountant Accounting and Finance 96,160 BWP
Grants Coordinator Accounting and Finance 75,040 BWP
Group Financial Manager Accounting and Finance 283,400 BWP
Internal Auditor Accounting and Finance 136,100 BWP
Internal Control Adviser Accounting and Finance 161,600 BWP
Internal Control Officer Accounting and Finance 85,940 BWP
International Tax Director Accounting and Finance 239,000 BWP
Inventory Accountant Accounting and Finance 99,100 BWP
Investment Advisor Accounting and Finance 275,200 BWP
Investment Analyst Accounting and Finance 207,700 BWP
Investment Associate Accounting and Finance 176,800 BWP
Investment Broker Accounting and Finance 163,800 BWP
Investment Fund Manager Accounting and Finance 217,900 BWP
Investment Operations Manager Accounting and Finance 225,700 BWP
Investment Underwriter Accounting and Finance 86,760 BWP
Investor Accounting and Finance 134,600 BWP
Investor Relations Manager Accounting and Finance 191,600 BWP
KYC Team Leader Accounting and Finance 197,600 BWP
Loan Processor Accounting and Finance 83,400 BWP
Management Accountant Accounting and Finance 110,340 BWP
Management Economist Accounting and Finance 225,700 BWP
Paymaster Accounting and Finance 79,500 BWP
Payroll Administrator Accounting and Finance 136,100 BWP
Payroll Benefits Coordinator Accounting and Finance 108,080 BWP
Payroll Billing Manager Accounting and Finance 187,500 BWP
Payroll Clerk Accounting and Finance 92,400 BWP
Payroll Manager Accounting and Finance 175,900 BWP
Payroll Officer Accounting and Finance 89,340 BWP
Payroll Specialist Accounting and Finance 100,140 BWP
Payroll Supervisor Accounting and Finance 129,000 BWP
Pensions Administrator Accounting and Finance 102,380 BWP
Personal Financial Advisor Accounting and Finance 158,700 BWP
Pricing Analyst Accounting and Finance 161,300 BWP
Private Equity Analyst Accounting and Finance 172,200 BWP
Project Accountant Accounting and Finance 111,460 BWP
Proposal Development Coordinator Accounting and Finance 86,760 BWP
Receivables Accountant Accounting and Finance 94,940 BWP
Regulatory Accountant Accounting and Finance 112,560 BWP
Retirement Plan Analyst Accounting and Finance 164,200 BWP
Revenue Management Specialist Accounting and Finance 159,500 BWP
Revenue Recognition Analyst Accounting and Finance 181,600 BWP
Risk Management Director Accounting and Finance 243,000 BWP
Risk Management Supervisor Accounting and Finance 207,800 BWP
Staff Accountant Accounting and Finance 98,960 BWP
Tax Accountant Accounting and Finance 98,820 BWP
Tax Administrator Accounting and Finance 106,820 BWP
Tax Advisor Accounting and Finance 158,700 BWP
Tax Analyst Accounting and Finance 148,300 BWP
Tax Associate Accounting and Finance 80,540 BWP
Tax Consultant Accounting and Finance 158,700 BWP
Tax Director Accounting and Finance 233,900 BWP
Tax Examiner Accounting and Finance 109,340 BWP
Tax Manager Accounting and Finance 197,600 BWP
Tax Research Manager Accounting and Finance 205,700 BWP
Teller Accounting and Finance 60,880 BWP
Treasury Accountant Accounting and Finance 104,060 BWP
Treasury Analyst Accounting and Finance 164,200 BWP
Underwriter Accounting and Finance 69,180 BWP
Underwriting Assistant Accounting and Finance 66,180 BWP
Vice President of Finance Accounting and Finance 282,500 BWP

Salary Comparison by City

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

City Average Salary
Gaborone 77,100 BWP

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