Average Director of Real Estate Salary in Guinea for 2024

In this article, we will look at the average Director of Real Estate 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 Director of Real Estate Make in Guinea?

A Director of Real Estate working in Guinea will typically earn around 146,401,200 GNF per year, and this can range from the lowest average salary of about 77,399,200 GNF to the highest average salary of 221,999,600 GNF.

Average Annual Salary
146,401,200 GNF
Average Monthly Salary
12,200,100 GNF

Lowest Annual Salary
77,399,200 GNF
Lowest Monthly Salary
6,449,933 GNF

Highest Annual Salary
221,999,600 GNF
Highest Monthly Salary
18,499,966 GNF

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

Director of Real Estate 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 Director of Real Estate Salaries in Guinea

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

Salary ranges

We already know that a Director of Real Estate can earn between 77,399,200 GNF and 221,999,600 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 Director of Real Estate in Guinea is 136,800,100 GNF. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 136,800,100 GNF, and 50% of the population earn more than 136,800,100 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 Director of Real Estate salary in Guinea, 25% of the population are earning less than 96,600,100 GNF while 75% of the population earn more than 96,600,100 GNF.

75% of the population earn less than 169,198,600 GNF, and 25% of the population earn more than 169,198,600 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.

Director of Real Estate 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 director of real estate 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 Director of Real Estate in Guinea that has less than two years of experience can expect to earn somewhere in the region of 88,921,600 GNF.
  • 2 - 5 Years Experience. With two to five years of experience the average Director of Real Estate salary would increase to 109,200,400 GNF.
  • 5 - 10 Years Experience. From five to ten years of experience as a Director of Real Estate, the average salary would be 154,800,100 GNF.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 181,199,700 GNF.
  • 15 - 20 Years Experience. A Director of Real Estate with 15 to 20 years of experience can earn an average of 199,199,700 GNF.
  • 20+ Years Experience. For a Director of Real Estate with more than 20 years, the expected average salary increases to 209,999,300 GNF.

Average Salary by Experience Chart

0-2 Years
88,921,600 GNF
2-5 Years +23%
109,200,400 GNF
5-10 Years +42%
154,800,100 GNF
10-15 Years +17%
181,199,700 GNF
15-20 Years +10%
199,199,700 GNF
20+ Years +6%
209,999,300 GNF

Director of Real Estate 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 Director of Real Estate 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 Director of Real Estate in Guinea with a high school education can earn an average salary of 107,640,400 GNF.

  • Certificate or Diploma. A Director of Real Estate in Guinea with a certificate or diploma education can earn an average salary of 122,398,700 GNF.

  • Bachelor's Degree. A Director of Real Estate in Guinea with a bachelor's degree education can earn an average salary of 159,601,400 GNF.

  • Master's Degree. A Director of Real Estate in Guinea with a master's degree education can earn an average salary of 209,999,300 GNF.

Average Salary by Education Chart

High School
107,640,400 GNF
Certificate or Diploma +13%
122,398,700 GNF
Bachelor's Degree +31%
159,601,400 GNF
Master's Degree +32%
209,999,300 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.

Director of Real Estate 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 director of real estate will earn an average of 153,600,700 GNF, while a female director of real estate will earn around 133,198,700 GNF.

This means that a male director of real estate earns approximately 15% more than a female director of real estate for performing the same job.

Average Salary by Gender Chart in Guinea

Male
153,600,700 GNF
Female -15%
133,198,700 GNF

Director of Real Estate 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 Director of Real Estate in Guinea is around 8% every 31 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 = ( 8 ÷ 31 ) × 12  = 3%

What this means is that a Director of Real Estate 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%

Director of Real Estate 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 Director of Real Estate is a low bonus based job, with 36% of employees reporting at least one bonus in the last 12 months.

64% 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 5%.

Received Bonus
36%
No Bonus
64%

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 Director of Real Estate

In the table below, we have salary information for jobs that are similar to a Director of Real Estate in Guinea.

Job Title Category Salary
Acquisition Associate Real Estate 64,319,500 GNF
Assistant Leasing Manager Real Estate 86,641,400 GNF
Assistant Property Manager Real Estate 84,601,900 GNF
Brokerage Real Estate 63,599,700 GNF
Brokerage Clerk Real Estate 34,198,600 GNF
Commercial Leasing Manager Real Estate 129,601,700 GNF
Commercial Real Estate Manager Real Estate 149,999,200 GNF
Community Development Manager Real Estate 130,799,600 GNF
Compliance Specialist Real Estate 66,598,300 GNF
Development Coordinator Real Estate 66,119,000 GNF
Lease Administrator Real Estate 81,961,200 GNF
Leasing Agent Real Estate 71,039,200 GNF
Leasing Consultant Real Estate 81,719,100 GNF
Leasing Manager Real Estate 93,958,100 GNF
Lettings Assistant Real Estate 35,039,300 GNF
Portfolio Analyst Real Estate 117,001,300 GNF
Portfolio Manager Real Estate 158,398,200 GNF
Property Acquisition Agent Real Estate 60,361,600 GNF
Property and Claims Specialist Real Estate 81,719,100 GNF
Property Manager Real Estate 102,599,200 GNF
Property Operations Manager Real Estate 135,600,300 GNF
Property Tax Assistant Real Estate 66,240,600 GNF
Real Estate Administrator Real Estate 72,601,900 GNF
Real Estate Agent Real Estate 69,359,500 GNF
Real Estate Analyst Real Estate 91,679,200 GNF
Real Estate Appraiser Real Estate 68,878,700 GNF
Real Estate Appraiser Real Estate 69,959,300 GNF
Real Estate Appraiser Real Estate 74,279,700 GNF
Real Estate Assistant Real Estate 66,359,800 GNF
Real Estate Association Manager Real Estate 88,560,900 GNF
Real Estate Broker Real Estate 64,801,300 GNF
Real Estate General Manager Real Estate 134,400,400 GNF
Real Estate Project Director Real Estate 133,198,700 GNF
Real Estate Project Manager Real Estate 115,918,500 GNF
Real Estate Sales Agent Real Estate 66,720,300 GNF
Real Estate Valuer Real Estate 71,039,200 GNF
Research Analyst Real Estate 65,041,800 GNF
Residential Advisor Real Estate 79,558,700 GNF
Residential Property Manager Real Estate 92,518,400 GNF
Shopping Center Manager Real Estate 136,800,100 GNF
Town Planner Real Estate 141,598,200 GNF

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