Average Cargo Executive Salary in Guinea for 2024

In this article, we will look at the average Cargo Executive salary for 2024 in Guinea 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 Guinean franc. To keep things simple, we are using the GNF currency code instead of the currency symbol Fr.

How Much Does a Cargo Executive Make in Guinea?

A Cargo Executive working in Guinea will typically earn around 72,601,900 GNF per year, and this can range from the lowest average salary of about 34,799,800 GNF to the highest average salary of 113,999,200 GNF.

Average Annual Salary
72,601,900 GNF
Average Monthly Salary
6,050,158 GNF

Lowest Annual Salary
34,799,800 GNF
Lowest Monthly Salary
2,899,983 GNF

Highest Annual Salary
113,999,200 GNF
Highest Monthly Salary
9,499,933 GNF

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

Cargo Executive 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 Cargo Executive Salaries in Guinea

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

Salary ranges

We already know that a Cargo Executive can earn between 34,799,800 GNF and 113,999,200 GNF on average in Guinea. 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 Cargo Executive in Guinea is 75,479,500 GNF. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 75,479,500 GNF, and 50% of the population earn more than 75,479,500 GNF.

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 Cargo Executive salary in Guinea, 25% of the population are earning less than 49,678,100 GNF while 75% of the population earn more than 49,678,100 GNF.

75% of the population earn less than 98,520,900 GNF, and 25% of the population earn more than 98,520,900 GNF.

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.

Cargo Executive Salary by Experience Level in Guinea

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 cargo executive 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 Cargo Executive in Guinea that has less than two years of experience can expect to earn somewhere in the region of 40,799,600 GNF.
  • 2 - 5 Years Experience. With two to five years of experience the average Cargo Executive salary would increase to 57,841,700 GNF.
  • 5 - 10 Years Experience. From five to ten years of experience as a Cargo Executive, the average salary would be 75,959,500 GNF.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 93,478,400 GNF.
  • 15 - 20 Years Experience. A Cargo Executive with 15 to 20 years of experience can earn an average of 99,358,600 GNF.
  • 20+ Years Experience. For a Cargo Executive with more than 20 years, the expected average salary increases to 108,839,400 GNF.

Average Salary by Experience Chart

0-2 Years
40,799,600 GNF
2-5 Years +42%
57,841,700 GNF
5-10 Years +31%
75,959,500 GNF
10-15 Years +23%
93,478,400 GNF
15-20 Years +6%
99,358,600 GNF
20+ Years +10%
108,839,400 GNF

Cargo Executive Salary by Education Level in Guinea

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 Cargo Executive in Guinea 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 Cargo Executive in Guinea with a high school education can earn an average salary of 50,639,500 GNF.

  • Certificate or Diploma. A Cargo Executive in Guinea with a certificate or diploma education can earn an average salary of 58,559,300 GNF.

  • Bachelor's Degree. A Cargo Executive in Guinea with a bachelor's degree education can earn an average salary of 85,560,900 GNF.

  • Master's Degree. A Cargo Executive in Guinea with a master's degree education can earn an average salary of 105,358,700 GNF.

Average Salary by Education Chart

High School
50,639,500 GNF
Certificate or Diploma +16%
58,559,300 GNF
Bachelor's Degree +46%
85,560,900 GNF
Master's Degree +23%
105,358,700 GNF

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 is around 35,000,000 to 105,000,000 GNF 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.

Cargo Executive 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, a male cargo executive will earn an average of 76,921,100 GNF, while a female cargo executive will earn around 70,560,500 GNF.

This means that a male cargo executive earns approximately 9% more than a female cargo executive for performing the same job.

Average Salary by Gender Chart in Guinea

Male
76,921,100 GNF
Female -9%
70,560,500 GNF

Cargo Executive Average Pay Raise in Guinea

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 Cargo Executive in Guinea is around 7% every 29 months.

The national average pay raise across all professions and industries in Guinea 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 = ( 7 ÷ 29 ) × 12  = 3%

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

Annual Pay Raise by Industry in Guinea for 2024

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

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%

Cargo Executive Bonus and Incentive Rates in Guinea

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 Cargo Executive is a low bonus based job, with 39% of employees reporting at least one bonus in the last 12 months.

61% 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 6%.

Received Bonus
39%
No Bonus
61%

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 earn approximately 11% more than private sector employees in the same role.

Public Sector
87,358,200 GNF
Private Sector -11%
78,960,300 GNF

Salaries for Jobs Similar to a Cargo Executive

In the table below, we have salary information for jobs that are similar to a Cargo Executive in Guinea.

Job Title Category Salary
Aeronautical Engineer Airlines / Aviation / Aerospace / Defense 84,718,900 GNF
Aerospace Engineer Airlines / Aviation / Aerospace / Defense 101,160,500 GNF
Aerospace Technician Airlines / Aviation / Aerospace / Defense 75,598,300 GNF
Air Crew Member Airlines / Aviation / Aerospace / Defense 49,079,800 GNF
Air Crew Officer Airlines / Aviation / Aerospace / Defense 52,078,500 GNF
Air Traffic Assistant Airlines / Aviation / Aerospace / Defense 48,961,500 GNF
Air Traffic Controller Airlines / Aviation / Aerospace / Defense 86,160,100 GNF
Aircraft Assembler Airlines / Aviation / Aerospace / Defense 43,559,400 GNF
Aircraft Body Repairer Airlines / Aviation / Aerospace / Defense 38,281,500 GNF
Aircraft Captain Airlines / Aviation / Aerospace / Defense 134,400,400 GNF
Aircraft Electrician Airlines / Aviation / Aerospace / Defense 43,198,900 GNF
Aircraft Electronics Techician Airlines / Aviation / Aerospace / Defense 44,878,500 GNF
Aircraft Engineer Airlines / Aviation / Aerospace / Defense 80,520,300 GNF
Aircraft Fueler Airlines / Aviation / Aerospace / Defense 35,878,200 GNF
Aircraft Maintenance Engineer Airlines / Aviation / Aerospace / Defense 81,840,300 GNF
Aircraft Maintenance Manager Airlines / Aviation / Aerospace / Defense 123,599,800 GNF
Aircraft Maintenance Supervisor Airlines / Aviation / Aerospace / Defense 89,041,300 GNF
Aircraft Maintenance Technician Airlines / Aviation / Aerospace / Defense 39,840,400 GNF
Aircraft Mechanic Airlines / Aviation / Aerospace / Defense 43,559,400 GNF
Aircraft Pilot Airlines / Aviation / Aerospace / Defense 136,800,100 GNF
Aircraft Pneudraulics Repairer Airlines / Aviation / Aerospace / Defense 40,079,600 GNF
Aircraft Quality Assurance Airlines / Aviation / Aerospace / Defense 107,521,300 GNF
Aircraft Rigging Assembler Airlines / Aviation / Aerospace / Defense 39,358,400 GNF
Aircraft Service Technician Airlines / Aviation / Aerospace / Defense 36,718,100 GNF
Airfield Management Specialist Airlines / Aviation / Aerospace / Defense 129,601,700 GNF
Airfield Operations Specialist Airlines / Aviation / Aerospace / Defense 96,478,500 GNF
Airline Cabin Crew Airlines / Aviation / Aerospace / Defense 77,399,200 GNF
Airline Copilot Airlines / Aviation / Aerospace / Defense 92,641,100 GNF
Airline Pilot Airlines / Aviation / Aerospace / Defense 140,401,100 GNF
Airlines Sales Director Airlines / Aviation / Aerospace / Defense 163,201,300 GNF
Airlines Sales Manager Airlines / Aviation / Aerospace / Defense 142,799,100 GNF
Airlines Structural Assembler Airlines / Aviation / Aerospace / Defense 35,758,400 GNF
Airport Services Agent Airlines / Aviation / Aerospace / Defense 54,358,300 GNF
Airport Services Manager Airlines / Aviation / Aerospace / Defense 167,999,600 GNF
Airport Services Supervisor Airlines / Aviation / Aerospace / Defense 99,838,700 GNF
Assistant Aircraft Mechanic Airlines / Aviation / Aerospace / Defense 37,078,800 GNF
Aviation Analyst Airlines / Aviation / Aerospace / Defense 110,158,800 GNF
Aviation Inspector Airlines / Aviation / Aerospace / Defense 91,679,200 GNF
Aviation Manager Airlines / Aviation / Aerospace / Defense 170,399,900 GNF
Aviation Operations Controller Airlines / Aviation / Aerospace / Defense 88,799,900 GNF
Aviation Resources Manager Airlines / Aviation / Aerospace / Defense 139,199,500 GNF
Aviation Safety Assistant Airlines / Aviation / Aerospace / Defense 46,080,100 GNF
Aviation Safety Manager Airlines / Aviation / Aerospace / Defense 152,398,600 GNF
Aviation Safety Officer Airlines / Aviation / Aerospace / Defense 81,119,300 GNF
Aviation Technician Airlines / Aviation / Aerospace / Defense 38,521,100 GNF
Cargo and Freight Agent Airlines / Aviation / Aerospace / Defense 34,441,600 GNF
Chief Pilot Airlines / Aviation / Aerospace / Defense 141,598,200 GNF
First Officer Airlines / Aviation / Aerospace / Defense 57,359,300 GNF
Fleet Controller Airlines / Aviation / Aerospace / Defense 131,998,300 GNF
Fleet Management Officer Airlines / Aviation / Aerospace / Defense 58,680,100 GNF
Flight Attendant Airlines / Aviation / Aerospace / Defense 53,879,800 GNF
Flight Planner Airlines / Aviation / Aerospace / Defense 74,518,900 GNF
Flight Scheduler Airlines / Aviation / Aerospace / Defense 64,920,700 GNF
Flight Simulation Engineer Airlines / Aviation / Aerospace / Defense 73,920,200 GNF
Freight and Cargo Inspector Airlines / Aviation / Aerospace / Defense 59,758,700 GNF
Helicopter Pilot Airlines / Aviation / Aerospace / Defense 86,160,100 GNF
Loading Bridge Operator Airlines / Aviation / Aerospace / Defense 34,078,800 GNF
Pilot Airlines / Aviation / Aerospace / Defense 141,598,200 GNF
Ramp Agent Airlines / Aviation / Aerospace / Defense 36,480,500 GNF
Reservations Sales Agent Airlines / Aviation / Aerospace / Defense 45,719,900 GNF
Safety and Quality Specialist Airlines / Aviation / Aerospace / Defense 85,081,800 GNF
Test Pilot Airlines / Aviation / Aerospace / Defense 96,959,900 GNF

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