Average Construction Inventory Officer Salary in Malawi for 2024

In this article, we will look at the average Construction Inventory Officer salary for 2024 in Malawi 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 Malawian kwacha. To keep things simple, we are using the MWK currency code instead of the currency symbol MK.

How Much Does a Construction Inventory Officer Make in Malawi?

A Construction Inventory Officer working in Malawi will typically earn around 633,300 MWK per year, and this can range from the lowest average salary of about 330,700 MWK to the highest average salary of 972,200 MWK.

Average Annual Salary
633,300 MWK
Average Monthly Salary
52,775 MWK

Lowest Annual Salary
330,700 MWK
Lowest Monthly Salary
27,558 MWK

Highest Annual Salary
972,200 MWK
Highest Monthly Salary
81,016 MWK

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

Construction Inventory Officer 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 Construction Inventory Officer Salaries in Malawi

So we've looked at the average salaries a Construction Inventory Officer will earn in Malawi. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Construction Inventory Officer can earn between 330,700 MWK and 972,200 MWK on average in Malawi. 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 Construction Inventory Officer in Malawi is 608,500 MWK. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 608,500 MWK, and 50% of the population earn more than 608,500 MWK.

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 Construction Inventory Officer salary in Malawi, 25% of the population are earning less than 420,800 MWK while 75% of the population earn more than 420,800 MWK.

75% of the population earn less than 756,700 MWK, and 25% of the population earn more than 756,700 MWK.

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.

Construction Inventory Officer Salary by Experience Level in Malawi

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 construction inventory officer 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 Construction Inventory Officer in Malawi that has less than two years of experience can expect to earn somewhere in the region of 375,200 MWK.
  • 2 - 5 Years Experience. With two to five years of experience the average Construction Inventory Officer salary would increase to 501,400 MWK.
  • 5 - 10 Years Experience. From five to ten years of experience as a Construction Inventory Officer, the average salary would be 653,200 MWK.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 790,600 MWK.
  • 15 - 20 Years Experience. A Construction Inventory Officer with 15 to 20 years of experience can earn an average of 864,900 MWK.
  • 20+ Years Experience. For a Construction Inventory Officer with more than 20 years, the expected average salary increases to 908,200 MWK.

Average Salary by Experience Chart

0-2 Years
375,200 MWK
2-5 Years +34%
501,400 MWK
5-10 Years +30%
653,200 MWK
10-15 Years +21%
790,600 MWK
15-20 Years +9%
864,900 MWK
20+ Years +5%
908,200 MWK

Construction Inventory Officer Salary by Education Level in Malawi

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 Construction Inventory Officer in Malawi 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 Construction Inventory Officer in Malawi with a high school education can earn an average salary of 444,300 MWK.

  • Certificate or Diploma. A Construction Inventory Officer in Malawi with a certificate or diploma education can earn an average salary of 638,700 MWK.

  • Bachelor's Degree. A Construction Inventory Officer in Malawi with a bachelor's degree education can earn an average salary of 879,800 MWK.

Average Salary by Education Chart

High School
444,300 MWK
Certificate or Diploma +43%
638,700 MWK
Bachelor's Degree +38%
879,800 MWK

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 Malawi is around 822,000 to 2,470,000 MWK 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.

Construction Inventory Officer 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 Malawi, a male construction inventory officer will earn an average of 677,100 MWK, while a female construction inventory officer will earn around 606,400 MWK.

This means that a male construction inventory officer earns approximately 12% more than a female construction inventory officer for performing the same job.

Average Salary by Gender Chart in Malawi

Male
677,100 MWK
Female -12%
606,400 MWK

Construction Inventory Officer Average Pay Raise in Malawi

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 Construction Inventory Officer in Malawi is around 4% every 30 months.

The national average pay raise across all professions and industries in Malawi 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 = ( 4 ÷ 30 ) × 12  = 2%

What this means is that a Construction Inventory Officer in Malawi can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Malawi for 2024

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

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%

Construction Inventory Officer Bonus and Incentive Rates in Malawi

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 Construction Inventory Officer is a low bonus based job, with 9% of employees reporting at least one bonus in the last 12 months.

91% 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 3%.

Received Bonus
9%
No Bonus
91%

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

Public Sector
2,136,200 MWK
Private Sector -14%
1,870,400 MWK

Salaries for Jobs Similar to a Construction Inventory Officer

In the table below, we have salary information for jobs that are similar to a Construction Inventory Officer in Malawi.

Job Title Category Salary
Adjudicator Construction / Building / Installation 785,400 MWK
Assembler Construction / Building / Installation 643,800 MWK
Boat Builder and Shipwright Construction / Building / Installation 990,700 MWK
Bricklayer Construction / Building / Installation 528,500 MWK
Building Administrator Construction / Building / Installation 868,400 MWK
Building Contracts Manager Construction / Building / Installation 2,724,700 MWK
Building Inspector Construction / Building / Installation 786,600 MWK
Building Monitor Construction / Building / Installation 632,400 MWK
Building Sales Manager Construction / Building / Installation 2,662,900 MWK
Cabinetmaker Construction / Building / Installation 699,700 MWK
Carpenter Construction / Building / Installation 724,300 MWK
Civil Engineer Construction / Building / Installation 1,846,200 MWK
Civil Technician Construction / Building / Installation 954,900 MWK
Concreter Construction / Building / Installation 596,800 MWK
Construction and Building Inspector Construction / Building / Installation 767,400 MWK
Construction and Maintenance Manager Construction / Building / Installation 1,537,500 MWK
Construction Assistant Construction / Building / Installation 714,600 MWK
Construction Coordinator Construction / Building / Installation 1,058,300 MWK
Construction Estimator Construction / Building / Installation 1,212,800 MWK
Construction Field Engineer Construction / Building / Installation 1,668,900 MWK
Construction General Manager Construction / Building / Installation 3,373,200 MWK
Construction Manager Construction / Building / Installation 3,577,600 MWK
Construction Operations Manager Construction / Building / Installation 3,205,100 MWK
Construction Project Controls Manager Construction / Building / Installation 2,447,200 MWK
Construction Project Coordinator Construction / Building / Installation 1,955,300 MWK
Construction Project Engineer Construction / Building / Installation 1,896,700 MWK
Construction Project Manager Construction / Building / Installation 3,192,300 MWK
Construction Project Manager Construction / Building / Installation 3,406,900 MWK
Construction Project Planner Construction / Building / Installation 1,777,700 MWK
Construction Quality Control Manager Construction / Building / Installation 2,605,500 MWK
Construction Safety Officer Construction / Building / Installation 1,149,200 MWK
Construction Superintendent Construction / Building / Installation 1,172,800 MWK
Construction Supervisor Construction / Building / Installation 1,788,300 MWK
Construction Technical Assistant Construction / Building / Installation 664,500 MWK
Construction Technical Officer Construction / Building / Installation 840,100 MWK
Construction Technical Writer Construction / Building / Installation 751,700 MWK
Construction Technician Construction / Building / Installation 669,100 MWK
Construction Worker Construction / Building / Installation 559,000 MWK
Crane and Tower Operator Construction / Building / Installation 680,100 MWK
Crane Operator Construction / Building / Installation 683,800 MWK
Diesel Mechanic Construction / Building / Installation 585,900 MWK
Draughtsman Construction / Building / Installation 551,200 MWK
Drywall Installer Construction / Building / Installation 663,100 MWK
Electrical Draftsman Construction / Building / Installation 681,900 MWK
Electrical Engineering Supervisor Construction / Building / Installation 2,146,100 MWK
Electrical Engineering Technician Construction / Building / Installation 794,900 MWK
Electrical Supervisor Construction / Building / Installation 1,380,400 MWK
Electrician Construction / Building / Installation 931,900 MWK
Elevator Installer and Repairer Construction / Building / Installation 848,200 MWK
Engineer Construction / Building / Installation 1,858,200 MWK
Excavator Operator Construction / Building / Installation 653,200 MWK
Field Inspector Construction / Building / Installation 1,147,500 MWK
Floor Finisher Construction / Building / Installation 748,600 MWK
Floor Manager Construction / Building / Installation 1,045,100 MWK
Foreman Construction / Building / Installation 524,700 MWK
Frame and Truss Detailer Construction / Building / Installation 580,600 MWK
Furniture Finisher Construction / Building / Installation 627,900 MWK
Gas Technician Construction / Building / Installation 578,500 MWK
Handyman Construction / Building / Installation 544,800 MWK
Health and Safety Coordinator Construction / Building / Installation 778,200 MWK
Health and Safety Officer Construction / Building / Installation 908,200 MWK
Installation Manager Construction / Building / Installation 2,254,400 MWK
Installer Construction / Building / Installation 548,800 MWK
Insulation Installer Construction / Building / Installation 671,000 MWK
Labourer Construction / Building / Installation 493,000 MWK
Land Surveyor Construction / Building / Installation 805,900 MWK
Lift Technician Construction / Building / Installation 641,900 MWK
Maintenance Foreman Construction / Building / Installation 552,400 MWK
Material Tester Construction / Building / Installation 932,000 MWK
Model Maker Construction / Building / Installation 990,700 MWK
Order Picker Construction / Building / Installation 572,200 MWK
Painter Construction / Building / Installation 605,700 MWK
Pipe Layer Construction / Building / Installation 531,700 MWK
Pipe Welder Construction / Building / Installation 537,300 MWK
Pipefitter Construction / Building / Installation 548,500 MWK
Plumber Construction / Building / Installation 672,600 MWK
Property Coordinator Construction / Building / Installation 1,524,300 MWK
Purchasing Manager Construction / Building / Installation 2,161,200 MWK
Quantity Estimator Construction / Building / Installation 1,162,300 MWK
Quantity Surveyor Construction / Building / Installation 1,185,300 MWK
Roof Slater and Tiler Construction / Building / Installation 580,600 MWK
Sheet Metal Mechanic Construction / Building / Installation 659,200 MWK
Sheet Metal Worker Construction / Building / Installation 580,600 MWK
Site Clerk Construction / Building / Installation 643,800 MWK
Site engineer Construction / Building / Installation 1,606,100 MWK
Site Leader Construction / Building / Installation 2,854,700 MWK
Stock Controller Construction / Building / Installation 913,400 MWK
Structural Steel Construction Worker Construction / Building / Installation 695,200 MWK
Technical Draughtsman Construction / Building / Installation 702,800 MWK
Tender Manager Construction / Building / Installation 2,593,900 MWK
Tendering Manager Construction / Building / Installation 2,831,100 MWK
Tower Crane Operator Construction / Building / Installation 646,600 MWK
Wall and Floor Tiler Construction / Building / Installation 620,300 MWK
Warehouse Manager Construction / Building / Installation 2,026,800 MWK
Welder Construction / Building / Installation 535,800 MWK
Welding Superintendent Construction / Building / Installation 719,100 MWK

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