Average Contracts Associate Salary in Ivory Coast for 2024

In this article, we will look at the average Contracts Associate salary for 2024 in Ivory Coast 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 Contracts Associate Make in Ivory Coast?

A Contracts Associate working in Ivory Coast will typically earn around 2,566,100 XOF per year, and this can range from the lowest average salary of about 1,380,400 XOF to the highest average salary of 3,863,700 XOF.

Average Annual Salary
2,566,100 XOF
Average Monthly Salary
213,841 XOF

Lowest Annual Salary
1,380,400 XOF
Lowest Monthly Salary
115,033 XOF

Highest Annual Salary
3,863,700 XOF
Highest Monthly Salary
321,975 XOF

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

Contracts 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 Contracts Associate Salaries in Ivory Coast

So we've looked at the average salaries a Contracts Associate will earn in Ivory Coast. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Contracts Associate can earn between 1,380,400 XOF and 3,863,700 XOF on average in Ivory Coast. 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 Contracts Associate in Ivory Coast is 2,352,500 XOF. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 2,352,500 XOF, and 50% of the population earn more than 2,352,500 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 Contracts Associate salary in Ivory Coast, 25% of the population are earning less than 1,678,300 XOF while 75% of the population earn more than 1,678,300 XOF.

75% of the population earn less than 2,868,600 XOF, and 25% of the population earn more than 2,868,600 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.

Contracts Associate Salary by Experience Level in Ivory Coast

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 contracts 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 Contracts Associate in Ivory Coast that has less than two years of experience can expect to earn somewhere in the region of 1,606,100 XOF.
  • 2 - 5 Years Experience. With two to five years of experience the average Contracts Associate salary would increase to 2,026,800 XOF.
  • 5 - 10 Years Experience. From five to ten years of experience as a Contracts Associate, the average salary would be 2,676,200 XOF.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 3,144,700 XOF.
  • 15 - 20 Years Experience. A Contracts Associate with 15 to 20 years of experience can earn an average of 3,481,100 XOF.
  • 20+ Years Experience. For a Contracts Associate with more than 20 years, the expected average salary increases to 3,706,100 XOF.

Average Salary by Experience Chart

0-2 Years
1,606,100 XOF
2-5 Years +26%
2,026,800 XOF
5-10 Years +32%
2,676,200 XOF
10-15 Years +18%
3,144,700 XOF
15-20 Years +11%
3,481,100 XOF
20+ Years +6%
3,706,100 XOF

Contracts Associate Salary by Education Level in Ivory Coast

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 Contracts Associate in Ivory Coast 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 Contracts Associate in Ivory Coast with a bachelor's degree education can earn an average salary of 2,076,600 XOF.

  • Master's Degree. A Contracts Associate in Ivory Coast with a master's degree education can earn an average salary of 3,168,300 XOF.

Average Salary by Education Chart

Bachelor's Degree
2,076,600 XOF
Master's Degree +53%
3,168,300 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 Ivory Coast is around 1,690,000 to 5,060,000 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.

Contracts 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 Ivory Coast, a male contracts associate will earn an average of 2,653,700 XOF, while a female contracts associate will earn around 2,423,000 XOF.

This means that a male contracts associate earns approximately 10% more than a female contracts associate for performing the same job.

Average Salary by Gender Chart in Ivory Coast

Male
2,653,700 XOF
Female -10%
2,423,000 XOF

Contracts Associate Average Pay Raise in Ivory Coast

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 Contracts Associate in Ivory Coast is around 6% every 28 months.

The national average pay raise across all professions and industries in Ivory Coast 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 = ( 6 ÷ 28 ) × 12  = 3%

What this means is that a Contracts Associate in Ivory Coast can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Ivory Coast for 2024

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

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%

Contracts Associate Bonus and Incentive Rates in Ivory Coast

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 Contracts Associate is a low bonus based job, with 7% of employees reporting at least one bonus in the last 12 months.

93% 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 2%.

Received Bonus
7%
No Bonus
93%

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 Ivory Coast earn approximately 17% more than private sector employees in the same role.

Public Sector
4,403,400 XOF
Private Sector -17%
3,755,300 XOF

Salaries for Jobs Similar to a Contracts Associate

In the table below, we have salary information for jobs that are similar to a Contracts Associate in Ivory Coast.

Job Title Category Salary
Administrative Law Judge Legal 10,415,900 XOF
Arbitrator Legal 5,053,200 XOF
Associate Attorney Legal 5,053,200 XOF
Attorney Legal 8,099,800 XOF
Bailiff Legal 2,495,600 XOF
Barrister Legal 2,197,700 XOF
Candidate Attorney Legal 4,594,300 XOF
Conciliator Legal 3,898,100 XOF
Contracts Manager Legal 4,548,600 XOF
Contracts Negotiator Legal 3,432,600 XOF
Contracts Specialist Legal 2,447,200 XOF
Conveyancing Secretary Legal 2,173,000 XOF
Corporate Counsel Legal 5,461,900 XOF
Counsel Legal 5,868,200 XOF
Court Clerk Legal 1,870,400 XOF
Court Judicial Assistant Legal 2,987,000 XOF
Court Liaison Specialist Legal 3,648,200 XOF
Court Reporter Legal 3,023,200 XOF
Court Representative Legal 2,401,300 XOF
Crown Prosecution Service Lawyer Legal 10,966,400 XOF
General Counsel Legal 10,450,100 XOF
Immigration Executive Legal 5,483,600 XOF
In House Counsel Legal 5,663,200 XOF
Intellectual Property Specialist Legal 3,875,100 XOF
Judge Advocate Legal 8,460,900 XOF
Law Clerk Legal 1,741,800 XOF
Lawyer Legal 7,967,200 XOF
Legal Administrative Assistant Legal 2,100,900 XOF
Legal Advisor Legal 4,594,300 XOF
Legal Assistant Legal 2,086,500 XOF
Legal Associate Legal 3,659,400 XOF
Legal Consultant Legal 4,834,900 XOF
Legal Consultant Legal 4,846,300 XOF
Legal Counsel Legal 5,724,700 XOF
Legal Editor Legal 3,514,400 XOF
Legal Executive Legal 6,922,100 XOF
Legal Executive Secretary Legal 2,065,400 XOF
Legal IP Officer Legal 1,846,200 XOF
Legal Officer Legal 2,352,500 XOF
Legal Secretary Legal 2,052,200 XOF
Legal Services Director Legal 9,409,200 XOF
Legal Services Manager Legal 9,036,900 XOF
Legal Support Worker Legal 1,440,700 XOF
Legislative Liaison Legal 3,792,300 XOF
Litigation Attorney Legal 9,910,500 XOF
Litigation Paralegal Legal 4,618,200 XOF
Magistrate Judge Legal 11,543,100 XOF
Paralegal Legal 3,132,800 XOF
Patent Attorney Legal 6,024,400 XOF
Staff Attorney Legal 6,024,400 XOF

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