Average Commercial Director Salary in Suriname for 2024

In this article, we will look at the average Commercial Director 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 Commercial Director Make in Suriname?

A Commercial Director working in Suriname will typically earn around 102,380 SRD per year, and this can range from the lowest average salary of about 47,580 SRD to the highest average salary of 159,500 SRD.

Average Annual Salary
102,380 SRD
Average Monthly Salary
8,531 SRD

Lowest Annual Salary
47,580 SRD
Lowest Monthly Salary
3,965 SRD

Highest Annual Salary
159,500 SRD
Highest Monthly Salary
13,291 SRD

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

Commercial Director 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 Commercial Director Salaries in Suriname

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

Salary ranges

We already know that a Commercial Director can earn between 47,580 SRD and 159,500 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 Commercial Director in Suriname is 109,000 SRD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 109,000 SRD, and 50% of the population earn more than 109,000 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 Commercial Director salary in Suriname, 25% of the population are earning less than 71,700 SRD while 75% of the population earn more than 71,700 SRD.

75% of the population earn less than 143,200 SRD, and 25% of the population earn more than 143,200 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.

Commercial Director 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 commercial director 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 Commercial Director in Suriname that has less than two years of experience can expect to earn somewhere in the region of 56,100 SRD.
  • 2 - 5 Years Experience. With two to five years of experience the average Commercial Director salary would increase to 74,300 SRD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Commercial Director, the average salary would be 107,960 SRD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 130,400 SRD.
  • 15 - 20 Years Experience. A Commercial Director with 15 to 20 years of experience can earn an average of 138,200 SRD.
  • 20+ Years Experience. For a Commercial Director with more than 20 years, the expected average salary increases to 152,000 SRD.

Average Salary by Experience Chart

0-2 Years
56,100 SRD
2-5 Years +38%
74,300 SRD
5-10 Years +42%
107,960 SRD
10-15 Years +22%
130,400 SRD
15-20 Years +6%
138,200 SRD
20+ Years +9%
152,000 SRD

Commercial Director 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 Commercial Director 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 Commercial Director in Suriname with a high school education can earn an average salary of 68,580 SRD.

  • Certificate or Diploma. A Commercial Director in Suriname with a certificate or diploma education can earn an average salary of 77,860 SRD.

  • Bachelor's Degree. A Commercial Director in Suriname with a bachelor's degree education can earn an average salary of 114,000 SRD.

  • Master's Degree. A Commercial Director in Suriname with a master's degree education can earn an average salary of 152,000 SRD.

Average Salary by Education Chart

High School
68,580 SRD
Certificate or Diploma +17%
77,860 SRD
Bachelor's Degree +46%
114,000 SRD
Master's Degree +31%
152,000 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.

Commercial Director 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 commercial director will earn an average of 106,780 SRD, while a female commercial director will earn around 98,820 SRD.

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

Average Salary by Gender Chart in Suriname

Male
106,780 SRD
Female -8%
98,820 SRD

Commercial Director 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 Commercial Director in Suriname is around 10% every 27 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 = ( 10 ÷ 27 ) × 12  = 4%

What this means is that a Commercial Director in Suriname can expect to receive an average pay raise of around 4% 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%

Commercial Director 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 Commercial Director is a moderate bonus based job, with 67% of employees reporting at least one bonus in the last 12 months.

33% 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 5% to 9%.

Received Bonus
67%
No Bonus
33%

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 Commercial Director

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

Job Title Category Salary
Account Coordinator Executive and Management 57,440 SRD
Account Director Executive and Management 72,740 SRD
Account Executive Executive and Management 69,180 SRD
Account Manager Executive and Management 68,060 SRD
Administration Manager Executive and Management 72,360 SRD
Administration Officer Executive and Management 38,060 SRD
Administration Supervisor Executive and Management 61,400 SRD
Administrative Clerk Executive and Management 28,660 SRD
Administrative Officer Executive and Management 27,020 SRD
Area Director Executive and Management 64,200 SRD
Area Manager Executive and Management 69,540 SRD
Asset Protection Associate Executive and Management 74,940 SRD
Assistant Director Executive and Management 72,420 SRD
Assistant General Manager Executive and Management 78,160 SRD
Assistant Manager Executive and Management 79,000 SRD
Assistant Managing Director Executive and Management 85,440 SRD
Assistant Operations Manager Executive and Management 83,400 SRD
Assistant Project Manager Executive and Management 77,060 SRD
Assistant Section Head Executive and Management 64,040 SRD
Assistant to CEO Executive and Management 68,400 SRD
Assistant Vice President Executive and Management 80,480 SRD
Associate Account Director Executive and Management 70,840 SRD
Associate Director Executive and Management 76,540 SRD
Bid Manager Executive and Management 84,560 SRD
Branch Manager Executive and Management 80,500 SRD
Business Development Manager Executive and Management 92,680 SRD
Business Operations Associate Executive and Management 73,880 SRD
Business Operations Lead Executive and Management 78,160 SRD
Campaign Manager Executive and Management 80,500 SRD
Catering Coordinator Executive and Management 43,800 SRD
Catering Manager Executive and Management 73,980 SRD
CEO Executive and Management 148,300 SRD
Chairman of The Board Executive and Management 136,200 SRD
Chairman Office Manager Executive and Management 87,940 SRD
Chief Commercial Officer Executive and Management 104,920 SRD
Chief Corporate Officer Executive and Management 119,080 SRD
Chief Executive Officer Executive and Management 142,300 SRD
Chief Financial Officer Executive and Management 128,900 SRD
Chief Investment Officer Executive and Management 108,300 SRD
Chief of Staff Executive and Management 63,400 SRD
Chief Operating Officer Executive and Management 108,080 SRD
Chief Risk Officer Executive and Management 88,020 SRD
Client Account Manager Executive and Management 88,580 SRD
Client Accounts Officer Executive and Management 73,880 SRD
Client Services Manager Executive and Management 90,980 SRD
Commercial Manager Executive and Management 83,060 SRD
Commercial Project Manager Executive and Management 80,800 SRD
Commodity Broker Executive and Management 60,340 SRD
COO Executive and Management 111,860 SRD
Corporate Affairs Executive Executive and Management 88,300 SRD
Corporate Compliance Director Executive and Management 96,540 SRD
Corporate Director Executive and Management 98,960 SRD
Corporate Officer Executive and Management 66,840 SRD
Corporate Partnerships Officer Executive and Management 64,620 SRD
Country Manager Executive and Management 107,960 SRD
Department Head Executive and Management 93,140 SRD
Department Manager Executive and Management 85,460 SRD
Department Supervisor Executive and Management 74,540 SRD
Deputy Director Executive and Management 104,900 SRD
Deputy Manager Executive and Management 101,860 SRD
Director Executive and Management 112,560 SRD
Director of Accreditation Executive and Management 97,300 SRD
Director of Catering Services Executive and Management 87,640 SRD
Director of Client Services Executive and Management 89,460 SRD
Director of Facilities Management Executive and Management 82,160 SRD
Director of Operations Executive and Management 97,300 SRD
Director of Process Simplification Executive and Management 70,880 SRD
Director of Product Management Executive and Management 93,340 SRD
Director of Project Management Executive and Management 99,340 SRD
Director of Revenue Management Executive and Management 84,880 SRD
Director of Training and Development Executive and Management 88,580 SRD
Distribution Manager Executive and Management 93,600 SRD
Division Manager Executive and Management 88,580 SRD
Duty Manager Executive and Management 85,080 SRD
Engagement Manager Executive and Management 101,840 SRD
Executive Director Executive and Management 137,400 SRD
Executive Manager Executive and Management 118,800 SRD
Franchise Manager Executive and Management 124,400 SRD
General Manager Executive and Management 110,120 SRD
Global Master Data Manager Executive and Management 96,960 SRD
Global Technical Lead Executive and Management 63,400 SRD
Head of Investment Executive and Management 98,540 SRD
Head of Middle Office Executive and Management 93,120 SRD
Head of Projects Executive and Management 93,880 SRD
Head of Strategy Executive and Management 106,960 SRD
Head of Supply Chain Executive and Management 89,120 SRD
Head of Sustainability Executive and Management 82,200 SRD
Housing Manager Executive and Management 76,280 SRD
HSE Manager Executive and Management 80,480 SRD
Key Account Manager Executive and Management 77,100 SRD
Knowledge Manager Executive and Management 89,120 SRD
Location Manager Executive and Management 93,280 SRD
Logistics Executive Executive and Management 70,700 SRD
Logistics Manager Executive and Management 71,660 SRD
Management Consultant Executive and Management 72,740 SRD
Management Executive Executive and Management 99,340 SRD
Manager Executive and Management 97,060 SRD
Managing Director Executive and Management 115,560 SRD
MIS Executive Executive and Management 91,660 SRD
Ocean Services Manager Executive and Management 103,200 SRD
Operational Manager Executive and Management 102,460 SRD
Operations Analyst Executive and Management 83,900 SRD
Operations Assistant Executive and Management 70,600 SRD
Operations Director Executive and Management 105,940 SRD
Operations Executive Executive and Management 108,320 SRD
Operations Manager Executive and Management 109,740 SRD
Operations Supervisor Executive and Management 88,580 SRD
Planning Director Executive and Management 100,140 SRD
PMO Manager Executive and Management 93,340 SRD
Policy Administration Executive Executive and Management 78,160 SRD
Private Sector Executive Executive and Management 84,040 SRD
Product Development Manager Executive and Management 99,340 SRD
Product Executive Executive and Management 82,160 SRD
Production Executive Executive and Management 98,140 SRD
Production Manager Executive and Management 96,600 SRD
Production Supervisor Executive and Management 80,840 SRD
Program Director Executive and Management 97,300 SRD
Program Manager Executive and Management 101,840 SRD
Programme Coordinator Executive and Management 69,260 SRD
Project Control Manager Executive and Management 103,600 SRD
Project Coordinator Executive and Management 58,720 SRD
Project Management Officer Executive and Management 69,400 SRD
Project Manager Executive and Management 72,380 SRD
Project Portfolio Manager Executive and Management 80,020 SRD
Quality Manager Executive and Management 80,180 SRD
R/D Director Executive and Management 91,560 SRD
Regional Director Executive and Management 136,100 SRD
Regional Manager Executive and Management 94,400 SRD
Relationship Manager Executive and Management 98,440 SRD
Retail District Manager Executive and Management 66,260 SRD
Revenue Manager Executive and Management 73,120 SRD
Risk and Capital Manager Executive and Management 107,860 SRD
Risk Officer Executive and Management 74,620 SRD
Safety Manager Executive and Management 75,220 SRD
Section Head Executive and Management 72,260 SRD
Service Manager Executive and Management 80,480 SRD
Shift Supervisor Executive and Management 57,900 SRD
Solutions Manager Executive and Management 66,100 SRD
Supervisor Executive and Management 60,160 SRD
Supply Chain Manager Executive and Management 103,200 SRD
Surveyor Executive and Management 65,920 SRD
Technical Director Executive and Management 88,620 SRD
Technical Manager Executive and Management 96,220 SRD
Territory Manager Executive and Management 96,160 SRD
Validation Manager Executive and Management 78,940 SRD
Vice President Executive and Management 119,700 SRD
Zone Manager Executive and Management 103,260 SRD

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