Average Business Channel Manager Salary in Guinea-Bissau for 2024

In this article, we will look at the average Business Channel Manager salary for 2024 in Guinea-Bissau 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 West African CFA franc. To keep things simple, we are using the XOF currency code instead of the currency symbol Fr.

How Much Does a Business Channel Manager Make in Guinea-Bissau?

A Business Channel Manager working in Guinea-Bissau will typically earn around 4,391,800 XOF per year, and this can range from the lowest average salary of about 2,327,100 XOF to the highest average salary of 6,682,700 XOF.

Average Annual Salary
4,391,800 XOF
Average Monthly Salary
365,983 XOF

Lowest Annual Salary
2,327,100 XOF
Lowest Monthly Salary
193,925 XOF

Highest Annual Salary
6,682,700 XOF
Highest Monthly Salary
556,891 XOF

These are average salaries for a Business Channel Manager in Guinea-Bissau and include benefits such as housing and transport. It's also possible for a Business Channel Manager to earn more or less than the average salaries shown above.

Business Channel 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 Business Channel Manager Salaries in Guinea-Bissau

So we've looked at the average salaries a Business Channel Manager will earn in Guinea-Bissau. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Business Channel Manager can earn between 2,327,100 XOF and 6,682,700 XOF on average in Guinea-Bissau. 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 Business Channel Manager in Guinea-Bissau is 4,129,300 XOF. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 4,129,300 XOF, and 50% of the population earn more than 4,129,300 XOF.

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 Business Channel Manager salary in Guinea-Bissau, 25% of the population are earning less than 2,902,500 XOF while 75% of the population earn more than 2,902,500 XOF.

75% of the population earn less than 5,088,900 XOF, and 25% of the population earn more than 5,088,900 XOF.

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.

Business Channel Manager Salary by Experience Level in Guinea-Bissau

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 business channel 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. A Business Channel Manager in Guinea-Bissau that has less than two years of experience can expect to earn somewhere in the region of 2,676,200 XOF.
  • 2 - 5 Years Experience. With two to five years of experience the average Business Channel Manager salary would increase to 3,288,400 XOF.
  • 5 - 10 Years Experience. From five to ten years of experience as a Business Channel Manager, the average salary would be 4,654,300 XOF.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 5,447,200 XOF.
  • 15 - 20 Years Experience. A Business Channel Manager with 15 to 20 years of experience can earn an average of 5,989,600 XOF.
  • 20+ Years Experience. For a Business Channel Manager with more than 20 years, the expected average salary increases to 6,335,800 XOF.

Average Salary by Experience Chart

0-2 Years
2,676,200 XOF
2-5 Years +23%
3,288,400 XOF
5-10 Years +42%
4,654,300 XOF
10-15 Years +17%
5,447,200 XOF
15-20 Years +10%
5,989,600 XOF
20+ Years +6%
6,335,800 XOF

Business Channel Manager Salary by Education Level in Guinea-Bissau

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 Business Channel Manager in Guinea-Bissau based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Certificate or Diploma. A Business Channel Manager in Guinea-Bissau with a certificate or diploma education can earn an average salary of 3,288,400 XOF.

  • Bachelor's Degree. A Business Channel Manager in Guinea-Bissau with a bachelor's degree education can earn an average salary of 4,249,700 XOF.

  • Master's Degree. A Business Channel Manager in Guinea-Bissau with a master's degree education can earn an average salary of 6,073,300 XOF.

Average Salary by Education Chart

Certificate or Diploma
3,288,400 XOF
Bachelor's Degree +29%
4,249,700 XOF
Master's Degree +43%
6,073,300 XOF

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 Guinea-Bissau is around 1,710,000 to 5,120,000 XOF 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.

Business Channel 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 Guinea-Bissau, a male business channel manager will earn an average of 4,618,200 XOF, while a female business channel manager will earn around 4,043,600 XOF.

This means that a male business channel manager earns approximately 14% more than a female business channel manager for performing the same job.

Average Salary by Gender Chart in Guinea-Bissau

Male
4,618,200 XOF
Female -14%
4,043,600 XOF

Business Channel Manager Average Pay Raise in Guinea-Bissau

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 Business Channel Manager in Guinea-Bissau is around 8% every 28 months.

The national average pay raise across all professions and industries in Guinea-Bissau 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 = ( 8 ÷ 28 ) × 12  = 3%

What this means is that a Business Channel Manager in Guinea-Bissau can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Guinea-Bissau for 2024

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

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

Banking
2%
Energy
4%
Information Technology
6%
Healthcare
8%
Travel
1%
Construction
3%
Education
5%

Business Channel Manager Bonus and Incentive Rates in Guinea-Bissau

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 Business Channel Manager is a moderate bonus based job, with 59% of employees reporting at least one bonus in the last 12 months.

41% 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 8%.

Received Bonus
59%
No Bonus
41%

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 Guinea-Bissau earn approximately 18% more than private sector employees in the same role.

Public Sector
4,345,400 XOF
Private Sector -18%
3,685,200 XOF

Salaries for Jobs Similar to a Business Channel Manager

In the table below, we have salary information for jobs that are similar to a Business Channel Manager in Guinea-Bissau.

Job Title Category Salary
Account Handler Marketing 3,239,400 XOF
Affiliate Manager Marketing 4,369,800 XOF
Analytics Specialist Marketing 3,156,400 XOF
Assistant Brand Manager Marketing 4,609,700 XOF
Assistant Product Manager Marketing 5,003,800 XOF
Associate Marketing Manager Marketing 5,063,200 XOF
Associate Product Manager Marketing 4,860,800 XOF
Brand Ambassador Marketing 5,806,300 XOF
Brand Director Marketing 7,416,400 XOF
Brand Executive Marketing 6,469,100 XOF
Brand Manager Marketing 6,263,400 XOF
Business Analytics Specialist Marketing 3,178,700 XOF
Business Intelligence Team Leader Marketing 4,548,600 XOF
Campaign Specialist Marketing 4,162,800 XOF
Chief Marketing Officer Marketing 7,057,300 XOF
Chief Product Officer Marketing 6,274,900 XOF
Communications Officer Marketing 2,110,600 XOF
Content Manager Marketing 3,553,500 XOF
Content Marketing Strategist Marketing 4,380,400 XOF
Copy Editer Marketing 2,519,500 XOF
Copy Writer Marketing 2,495,600 XOF
Creative Marketing Lead Marketing 4,380,400 XOF
Creative Writer Marketing 2,698,900 XOF
Digital Marketer Marketing 3,706,100 XOF
Digital Marketing Manager Marketing 5,088,900 XOF
Digital Marketing Strategist Marketing 5,209,200 XOF
Digital Media Specialist Marketing 4,570,300 XOF
Director of Marketing Marketing 7,140,500 XOF
Director of Research Marketing 5,209,200 XOF
eMarketing Manager Marketing 5,363,700 XOF
Event Marketing Marketing 5,434,400 XOF
Head of Executive Search Marketing 5,868,200 XOF
Key Affiliate Manager Marketing 4,846,300 XOF
Localization Manager Marketing 4,810,800 XOF
Market Development Executive Marketing 5,591,900 XOF
Market Development Manager Marketing 5,747,700 XOF
Market Research Analyst Marketing 4,642,200 XOF
Market Research Manager Marketing 5,017,100 XOF
Market Segmentation Director Marketing 5,507,100 XOF
Marketing Account Supervisor Marketing 4,187,600 XOF
Marketing Administrator Marketing 3,444,200 XOF
Marketing Advisor Marketing 3,970,700 XOF
Marketing Analyst Marketing 4,187,600 XOF
Marketing and Communications Officer Marketing 2,411,500 XOF
Marketing and Sales Head Marketing 6,826,100 XOF
Marketing Assistant Marketing 2,281,800 XOF
Marketing Associate Marketing 2,221,600 XOF
Marketing Communications Manager Marketing 4,594,300 XOF
Marketing Consultant Marketing 4,895,800 XOF
Marketing Coordinator Marketing 2,230,100 XOF
Marketing Director Marketing 6,887,700 XOF
Marketing Distribution Executive Marketing 5,232,400 XOF
Marketing Executive Marketing 5,305,100 XOF
Marketing Manager Marketing 6,971,100 XOF
Marketing Officer Marketing 2,362,300 XOF
Marketing Segment Manager Marketing 5,232,400 XOF
Marketing Specialist Marketing 3,349,100 XOF
Marketing Supervisor Marketing 4,282,500 XOF
Marketing Vice President Marketing 5,698,400 XOF
Marketing Writer Marketing 2,711,900 XOF
Online Marketing Analyst Marketing 3,659,400 XOF
Online Marketing Manager Marketing 4,510,700 XOF
Optimization Manager Marketing 4,369,800 XOF
Outbound Sales Marketing 3,192,300 XOF
Outreach Coordinator Marketing 3,047,800 XOF
Outreach Specialist Marketing 3,925,200 XOF
Product Development Marketing 4,762,300 XOF
Product Manager Marketing 5,412,700 XOF
Product Marketing Engineer Marketing 2,953,200 XOF
Product Marketing Executive Marketing 5,029,900 XOF
Product Marketing Manager Marketing 5,099,700 XOF
Product Researcher Marketing 2,724,700 XOF
Product Strategist Marketing 3,946,200 XOF
Product Strategy Researcher Marketing 4,079,300 XOF
Product Training Specialist Marketing 3,529,600 XOF
Project Manager Marketing 4,032,100 XOF
Publications Coordinator Marketing 2,411,500 XOF
Research Executive Marketing 5,038,200 XOF
Sales and Marketing Assistant Marketing 2,146,100 XOF
Sales and Marketing Coordinator Marketing 2,374,400 XOF
Sales and Marketing Director Marketing 7,309,600 XOF
Sales Director Marketing 6,670,600 XOF
Sales Management Support Marketing 2,401,300 XOF
Sales Manager Marketing 6,360,600 XOF
Search Marketing Strategist Marketing 5,507,100 XOF
Social Media Administrator Marketing 3,733,300 XOF
Social Media Specialist Marketing 3,792,300 XOF
Spaceman Analyst Marketing 2,026,800 XOF
Sponsorship Consultant Marketing 3,514,400 XOF
Team Leader Marketing 4,006,500 XOF
Telemarketer Marketing 2,110,600 XOF
Trade Marketing Executive Marketing 5,399,900 XOF
Trade Marketing Manager Marketing 5,267,700 XOF
Trade Marketing Professional Marketing 4,282,500 XOF
Trade Marketing Specialist Marketing 3,094,100 XOF
Web Analytics Manager Marketing 4,380,400 XOF
Web Content Manager Marketing 4,297,400 XOF

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