Average Clinical Research Associate Salary in Cape Verde for 2024

In this article, we will look at the average Clinical Research Associate salary for 2024 in Cape Verde 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 Cape Verdean escudo. To keep things simple, we are using the CVE currency code instead of the currency symbol Esc.

How Much Does a Clinical Research Associate Make in Cape Verde?

A Clinical Research Associate working in Cape Verde will typically earn around 2,734,500 CVE per year, and this can range from the lowest average salary of about 1,259,300 CVE to the highest average salary of 4,345,400 CVE.

Average Annual Salary
2,734,500 CVE
Average Monthly Salary
227,875 CVE

Lowest Annual Salary
1,259,300 CVE
Lowest Monthly Salary
104,941 CVE

Highest Annual Salary
4,345,400 CVE
Highest Monthly Salary
362,116 CVE

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

Clinical Research Associate 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 Clinical Research Associate Salaries in Cape Verde

So we've looked at the average salaries a Clinical Research Associate will earn in Cape Verde. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Clinical Research Associate can earn between 1,259,300 CVE and 4,345,400 CVE on average in Cape Verde. 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 Clinical Research Associate in Cape Verde is 2,953,200 CVE. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 2,953,200 CVE, and 50% of the population earn more than 2,953,200 CVE.

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 Clinical Research Associate salary in Cape Verde, 25% of the population are earning less than 1,896,700 CVE while 75% of the population earn more than 1,896,700 CVE.

75% of the population earn less than 3,934,900 CVE, and 25% of the population earn more than 3,934,900 CVE.

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.

Clinical Research Associate Salary by Experience Level in Cape Verde

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 clinical research associate 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 Clinical Research Associate in Cape Verde that has less than two years of experience can expect to earn somewhere in the region of 1,428,800 CVE.
  • 2 - 5 Years Experience. With two to five years of experience the average Clinical Research Associate salary would increase to 1,908,800 CVE.
  • 5 - 10 Years Experience. From five to ten years of experience as a Clinical Research Associate, the average salary would be 2,819,600 CVE.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 3,432,600 CVE.
  • 15 - 20 Years Experience. A Clinical Research Associate with 15 to 20 years of experience can earn an average of 3,745,100 CVE.
  • 20+ Years Experience. For a Clinical Research Associate with more than 20 years, the expected average salary increases to 4,056,200 CVE.

Average Salary by Experience Chart

0-2 Years
1,428,800 CVE
2-5 Years +34%
1,908,800 CVE
5-10 Years +48%
2,819,600 CVE
10-15 Years +22%
3,432,600 CVE
15-20 Years +9%
3,745,100 CVE
20+ Years +8%
4,056,200 CVE

Clinical Research Associate Salary by Education Level in Cape Verde

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 Clinical Research Associate in Cape Verde based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. A Clinical Research Associate in Cape Verde with a bachelor's degree education can earn an average salary of 1,655,500 CVE.

  • Master's Degree. A Clinical Research Associate in Cape Verde with a master's degree education can earn an average salary of 3,205,100 CVE.

Average Salary by Education Chart

Bachelor's Degree
1,655,500 CVE
Master's Degree +93%
3,205,100 CVE

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 Cape Verde is around 1,020,000 to 3,060,000 CVE 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.

Clinical Research Associate 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 Cape Verde, a male clinical research associate will earn an average of 2,928,100 CVE, while a female clinical research associate will earn around 2,533,800 CVE.

This means that a male clinical research associate earns approximately 16% more than a female clinical research associate for performing the same job.

Average Salary by Gender Chart in Cape Verde

Male
2,928,100 CVE
Female -16%
2,533,800 CVE

Clinical Research Associate Average Pay Raise in Cape Verde

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 Clinical Research Associate in Cape Verde is around 7% every 29 months.

The national average pay raise across all professions and industries in Cape Verde 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 Clinical Research Associate in Cape Verde can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Cape Verde for 2024

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

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

Banking
3%
Energy
6%
Information Technology
9%
Healthcare
3%
Travel
6%
Construction
9%
Education
3%

Clinical Research Associate Bonus and Incentive Rates in Cape Verde

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 Clinical Research Associate is a low bonus based job, with 41% of employees reporting at least one bonus in the last 12 months.

59% 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 2% to 7%.

Received Bonus
41%
No Bonus
59%

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

Public Sector
2,653,700 CVE
Private Sector -14%
2,327,100 CVE

Salaries for Jobs Similar to a Clinical Research Associate

In the table below, we have salary information for jobs that are similar to a Clinical Research Associate in Cape Verde.

Job Title Category Salary
Assistant Pharmacist Pharmaceutical and Biotechnology 2,076,600 CVE
Assistant Pharmacy Director Pharmaceutical and Biotechnology 3,912,600 CVE
Associate Medical Affairs Director Pharmaceutical and Biotechnology 5,531,100 CVE
Bioinformatics Scientist Pharmaceutical and Biotechnology 4,681,400 CVE
Bioinformatics Technician Pharmaceutical and Biotechnology 2,242,500 CVE
Biological Scientist Pharmaceutical and Biotechnology 4,919,600 CVE
Biological Technician Pharmaceutical and Biotechnology 2,197,700 CVE
Biomedical Engineer Pharmaceutical and Biotechnology 2,184,900 CVE
Biomedical Engineering Director Pharmaceutical and Biotechnology 4,006,500 CVE
Biostatistician Pharmaceutical and Biotechnology 3,373,200 CVE
Biotechnologist Pharmaceutical and Biotechnology 3,359,900 CVE
Biotechnology Lead Data Manager Pharmaceutical and Biotechnology 2,533,800 CVE
Chemical Process Technician Pharmaceutical and Biotechnology 2,281,800 CVE
Clinical Consultant Pharmaceutical and Biotechnology 3,253,900 CVE
Clinical Data Manager Pharmaceutical and Biotechnology 3,071,100 CVE
Clinical Data Specialist Pharmaceutical and Biotechnology 2,941,000 CVE
Clinical Informatics Specialist Pharmaceutical and Biotechnology 2,508,300 CVE
Clinical Operations Manager Pharmaceutical and Biotechnology 4,548,600 CVE
Clinical Pharmacist Pharmaceutical and Biotechnology 3,263,500 CVE
Clinical Pharmacy Specialist Pharmaceutical and Biotechnology 3,863,700 CVE
Clinical Programmer Pharmaceutical and Biotechnology 1,594,500 CVE
Clinical Project Manager Pharmaceutical and Biotechnology 2,941,000 CVE
Clinical Research Manager Pharmaceutical and Biotechnology 4,414,800 CVE
Clinical Study Manager Pharmaceutical and Biotechnology 3,912,600 CVE
Compliance Specialist Pharmaceutical and Biotechnology 3,299,800 CVE
Cytology Laboratory Technologist Pharmaceutical and Biotechnology 2,629,100 CVE
Cytotechnologist Pharmaceutical and Biotechnology 2,471,700 CVE
GCP Auditor Pharmaceutical and Biotechnology 2,688,800 CVE
Hospital Pharmacy Technician Pharmaceutical and Biotechnology 2,485,800 CVE
Manufacturing Engineer Pharmaceutical and Biotechnology 2,676,200 CVE
Medical Affairs Director Pharmaceutical and Biotechnology 5,197,600 CVE
Medical Representative Pharmaceutical and Biotechnology 2,184,900 CVE
Medical Science Liaison Pharmaceutical and Biotechnology 3,481,100 CVE
Molecular and Cellular Biologist Pharmaceutical and Biotechnology 5,053,200 CVE
Nuclear Pharmacist Pharmaceutical and Biotechnology 3,406,900 CVE
Pharmaceutical Manager Pharmaceutical and Biotechnology 5,292,500 CVE
Pharmaceutical Manufacturing Lead Pharmaceutical and Biotechnology 5,975,000 CVE
Pharmaceutical Operations Excellence Manager Pharmaceutical and Biotechnology 5,280,300 CVE
Pharmaceutical Process Engineer Pharmaceutical and Biotechnology 2,844,200 CVE
Pharmaceutical Production Assistant Manager Pharmaceutical and Biotechnology 3,514,400 CVE
Pharmaceutical Project Manager Pharmaceutical and Biotechnology 3,253,900 CVE
Pharmaceutical Quality Auditor Pharmaceutical and Biotechnology 3,481,100 CVE
Pharmaceutical Regulatory Affairs Assistant Pharmaceutical and Biotechnology 2,605,500 CVE
Pharmaceutical Regulatory Affairs Manager Pharmaceutical and Biotechnology 3,696,900 CVE
Pharmaceutical Regulatory Affairs Specialist Pharmaceutical and Biotechnology 2,953,200 CVE
Pharmaceutical Representative Pharmaceutical and Biotechnology 2,173,000 CVE
Pharmaceutical Research Associate Pharmaceutical and Biotechnology 3,359,900 CVE
Pharmaceutical Research Scientist Pharmaceutical and Biotechnology 4,726,900 CVE
Pharmaceutical Researcher Pharmaceutical and Biotechnology 4,465,800 CVE
Pharmaceutical Sales and Marketing Manager Pharmaceutical and Biotechnology 3,850,500 CVE
Pharmaceutical Sales Manager Pharmaceutical and Biotechnology 4,714,900 CVE
Pharmaceutical Sales Representative Pharmaceutical and Biotechnology 2,146,100 CVE
Pharmaceutical Supply Chain Manager Pharmaceutical and Biotechnology 5,053,200 CVE
Pharmaceutical Team Leader Pharmaceutical and Biotechnology 3,553,500 CVE
Pharmaceutical Technologist Pharmaceutical and Biotechnology 2,314,800 CVE
Pharmacist Pharmaceutical and Biotechnology 3,061,300 CVE
Pharmacy Aide Pharmaceutical and Biotechnology 2,015,600 CVE
Pharmacy Manager Pharmaceutical and Biotechnology 4,499,000 CVE
Pharmacy Stock Controller Pharmaceutical and Biotechnology 1,942,700 CVE
Pharmacy Technician Pharmaceutical and Biotechnology 1,800,200 CVE
Records Management Coordinator Pharmaceutical and Biotechnology 1,751,700 CVE
Shift Encapsulator Pharmaceutical and Biotechnology 1,835,700 CVE
Staff Pharmacist Pharmaceutical and Biotechnology 3,132,800 CVE

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