Average Engineering Key Account Manager Salary in Lesotho for 2024

In this article, we will look at the average Engineering Key Account Manager salary for 2024 in Lesotho 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 Lesotho loti. To keep things simple, we are using the LSL currency code instead of the currency symbol L.

How Much Does an Engineering Key Account Manager Make in Lesotho?

An Engineering Key Account Manager working in Lesotho will typically earn around 181,600 LSL per year, and this can range from the lowest average salary of about 95,860 LSL to the highest average salary of 277,400 LSL.

Average Annual Salary
181,600 LSL
Average Monthly Salary
15,133 LSL

Lowest Annual Salary
95,860 LSL
Lowest Monthly Salary
7,988 LSL

Highest Annual Salary
277,400 LSL
Highest Monthly Salary
23,116 LSL

These are average salaries for an Engineering Key Account Manager in Lesotho and include benefits such as housing and transport. It's also possible for an Engineering Key Account Manager to earn more or less than the average salaries shown above.

Engineering Key Account Manager 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 Engineering Key Account Manager Salaries in Lesotho

So we've looked at the average salaries an Engineering Key Account Manager will earn in Lesotho. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Engineering Key Account Manager can earn between 95,860 LSL and 277,400 LSL on average in Lesotho. 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 an Engineering Key Account Manager in Lesotho is 172,200 LSL. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 172,200 LSL, and 50% of the population earn more than 172,200 LSL.

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 Engineering Key Account Manager salary in Lesotho, 25% of the population are earning less than 119,900 LSL while 75% of the population earn more than 119,900 LSL.

75% of the population earn less than 216,800 LSL, and 25% of the population earn more than 216,800 LSL.

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.

Engineering Key Account Manager Salary by Experience Level in Lesotho

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 engineering key account manager 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. An Engineering Key Account Manager in Lesotho that has less than two years of experience can expect to earn somewhere in the region of 109,000 LSL.
  • 2 - 5 Years Experience. With two to five years of experience the average Engineering Key Account Manager salary would increase to 142,300 LSL.
  • 5 - 10 Years Experience. From five to ten years of experience as an Engineering Key Account Manager, the average salary would be 187,300 LSL.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 228,500 LSL.
  • 15 - 20 Years Experience. An Engineering Key Account Manager with 15 to 20 years of experience can earn an average of 247,800 LSL.
  • 20+ Years Experience. For an Engineering Key Account Manager with more than 20 years, the expected average salary increases to 261,300 LSL.

Average Salary by Experience Chart

0-2 Years
109,000 LSL
2-5 Years +34%
142,300 LSL
5-10 Years +30%
187,300 LSL
10-15 Years +21%
228,500 LSL
15-20 Years +9%
247,800 LSL
20+ Years +5%
261,300 LSL

Engineering Key Account Manager Salary by Education Level in Lesotho

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 an Engineering Key Account Manager in Lesotho 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. An Engineering Key Account Manager in Lesotho with a bachelor's degree education can earn an average salary of 152,100 LSL.

  • Master's Degree. An Engineering Key Account Manager in Lesotho with a master's degree education can earn an average salary of 209,700 LSL.

Average Salary by Education Chart

Bachelor's Degree
152,100 LSL
Master's Degree +39%
209,700 LSL

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 Lesotho is around 58,700 to 176,000 LSL 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.

Engineering Key Account Manager 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 Lesotho, a male engineering key account manager will earn an average of 191,600 LSL, while a female engineering key account manager will earn around 172,200 LSL.

This means that a male engineering key account manager earns approximately 11% more than a female engineering key account manager for performing the same job.

Average Salary by Gender Chart in Lesotho

Male
191,600 LSL
Female -11%
172,200 LSL

Engineering Key Account Manager Average Pay Raise in Lesotho

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 an Engineering Key Account Manager in Lesotho is around 8% every 29 months.

The national average pay raise across all professions and industries in Lesotho 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 = ( 8 ÷ 29 ) × 12  = 3%

What this means is that an Engineering Key Account Manager in Lesotho can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Lesotho for 2024

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

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%

Engineering Key Account Manager Bonus and Incentive Rates in Lesotho

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.

An Engineering Key Account Manager is a moderate bonus based job, with 61% of employees reporting at least one bonus in the last 12 months.

39% 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 6% to 8%.

Received Bonus
61%
No Bonus
39%

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 Lesotho earn approximately 13% more than private sector employees in the same role.

Public Sector
152,000 LSL
Private Sector -13%
134,600 LSL

Salaries for Jobs Similar to an Engineering Key Account Manager

In the table below, we have salary information for jobs that are similar to an Engineering Key Account Manager in Lesotho.

Job Title Category Salary
Acoustics Engineer Engineering 127,700 LSL
Assembly Engineering Technician Engineering 98,540 LSL
Assistant Chief Engineer Engineering 148,300 LSL
Associate Engineer Engineering 111,700 LSL
AutoCAD Drafter Engineering 74,560 LSL
Autocad Operator Engineering 80,060 LSL
Automation Engineer Engineering 128,500 LSL
Automation Engineer Engineering 130,400 LSL
Avionic System Support Engineer Engineering 118,260 LSL
Biochemical Engineer Engineering 117,100 LSL
BMS Engineer Engineering 123,400 LSL
Bridge and Lock Tender Engineering 69,540 LSL
Broadcast Engineer Engineering 128,500 LSL
CAD Design Engineer Engineering 124,400 LSL
CAD Designer Engineering 79,120 LSL
CAE Engineer Engineering 117,440 LSL
Ceramics Engineer Engineering 111,860 LSL
Chemical Engineer Engineering 134,600 LSL
Civil Drafter Engineering 74,560 LSL
Civil Engineer Engineering 129,000 LSL
Civil Site Engineer Engineering 134,600 LSL
Civil Technician Engineering 80,340 LSL
Commissioning Engineer Engineering 127,700 LSL
Communications Engineer Engineering 128,900 LSL
Condition Monitoring Engineer Engineering 114,820 LSL
Contract Associate Engineer Engineering 118,260 LSL
Contract Engineer Engineering 119,860 LSL
Control Systems Engineer Engineering 125,100 LSL
Controls Engineer Engineering 128,500 LSL
Controls Software Engineer Engineering 112,600 LSL
Corrosion Engineer Engineering 115,940 LSL
Design Engineer Engineering 128,500 LSL
Director of Engineering Engineering 258,400 LSL
Drafter Engineering 74,560 LSL
Drafting Manager Engineering 143,200 LSL
Drilling Engineer Engineering 127,700 LSL
Drilling Foreman Engineering 41,980 LSL
Electrical Draughtsman Engineering 62,060 LSL
Electrical Engineer Engineering 146,200 LSL
Electrical Engineering Manager Engineering 172,200 LSL
Electromechanical Engineering Technologist Engineering 128,900 LSL
Electromechanical Equipment Assembler Engineering 66,820 LSL
Energy Engineer Engineering 130,400 LSL
Engine Assembler Engineering 58,520 LSL
Engineer Engineering 128,900 LSL
Engineering Account Manager Engineering 142,300 LSL
Engineering Chief Designer Engineering 150,000 LSL
Engineering Consultant Engineering 167,100 LSL
Engineering Lab Technician Engineering 119,860 LSL
Engineering Manager Engineering 167,100 LSL
Engineering Planning Manager Engineering 180,500 LSL
Engineering Production Manager Engineering 225,700 LSL
Engineering Project Analyst Engineering 142,300 LSL
Engineering Project Coordinator Engineering 152,000 LSL
Engineering Project Director Engineering 253,400 LSL
Engineering Project Leader Engineering 169,000 LSL
Engineering Project Manager Engineering 181,600 LSL
Engineering Research and Development Manager Engineering 209,500 LSL
Engineering Safety Coordinator Engineering 101,920 LSL
Engineering Sales Manager Engineering 168,100 LSL
Engineering Technician Engineering 101,920 LSL
Engineering Technologist Engineering 97,300 LSL
Environmental Engineer Engineering 125,100 LSL
Equipment Engineer Engineering 115,940 LSL
Equipment Engineering Manager Engineering 172,200 LSL
Estimator Engineering 104,440 LSL
Fabrication Specialist Engineering 91,560 LSL
Fabricator Engineering 58,520 LSL
Facade Engineer Engineering 119,700 LSL
Fiber Analyst Engineering 77,400 LSL
Field Engineer Engineering 127,700 LSL
Field Engineering Manager Engineering 209,700 LSL
Fire Engineer Engineering 123,400 LSL
Fitter and Turner Engineering 38,340 LSL
Forestry Strategic Planner Engineering 152,300 LSL
Generation Engineer Engineering 127,700 LSL
Genetic Engineer Engineering 136,200 LSL
Geological Engineer Engineering 129,000 LSL
Geotechnical Engineer Engineering 136,100 LSL
Heavy Equipment Mechanic Engineering 69,180 LSL
Highway Engineer Engineering 129,000 LSL
HSE Professional Engineering 119,700 LSL
HVAC Engineer Engineering 138,800 LSL
HVAC Supervisor Engineering 115,940 LSL
Industrial Engineer Engineering 115,600 LSL
Industrial Engineering Technologist Engineering 115,600 LSL
Instrument Engineer Engineering 119,700 LSL
Instrument Technician Engineering 73,260 LSL
Instrumentation and Control Engineer Engineering 119,700 LSL
Instrumentation Designer Engineering 102,960 LSL
Instrumentation Engineer Engineering 123,400 LSL
Instrumentation Manager Engineering 124,400 LSL
Irrigation Engineer Engineering 119,700 LSL
Licensed Aircraft Engineer Engineering 136,200 LSL
Locomotive Engineer Engineering 115,600 LSL
Maintenance Engineer Engineering 116,780 LSL
Maintenance Fitter Engineering 41,480 LSL
Maintenance Manager Engineering 125,100 LSL
Manufacturing Engineer Engineering 124,400 LSL
Marine Engineer Engineering 130,400 LSL
Materials Engineer Engineering 117,440 LSL
Materials Researcher Engineering 119,500 LSL
Materials Technician Engineering 89,800 LSL
Mechanical and Electrical Engineer Engineering 134,600 LSL
Mechanical Design Engineer Engineering 128,500 LSL
Mechanical Designer Engineering 106,600 LSL
Mechanical Engineer Engineering 130,400 LSL
Mechanical Engineering Manager Engineering 175,900 LSL
Mechanical Inspector Engineering 124,400 LSL
Mechatronics Engineer Engineering 138,800 LSL
Mining Engineer Engineering 119,900 LSL
Oil and Petrochemical Engineer Engineering 142,300 LSL
Optical Engineer Engineering 127,700 LSL
Optical Instrument Assembler Engineering 67,020 LSL
PCB Assembler Engineering 45,560 LSL
Photonics Engineer Engineering 138,200 LSL
Photonics Technician Engineering 116,180 LSL
Pipeline Engineer Engineering 112,760 LSL
Piping Designer Engineering 68,900 LSL
Piping Engineer Engineering 115,940 LSL
Planning Engineer Engineering 128,900 LSL
Pressure Vessel Inspector Engineering 60,880 LSL
Principal Cost Engineer Engineering 129,000 LSL
Principal Engineer Engineering 125,100 LSL
Principal Support Engineer Engineering 127,700 LSL
Process Engineer Engineering 119,700 LSL
Process Operator Engineering 70,880 LSL
Product Development Engineer Engineering 129,000 LSL
Product Development Technician Engineering 90,620 LSL
Product Engineer Engineering 130,400 LSL
Product Safety Engineer Engineering 118,260 LSL
Production Engineer Engineering 129,000 LSL
Project Engineer Engineering 137,400 LSL
Proposal Manager Engineering 161,600 LSL
Purchasing Engineer Engineering 110,340 LSL
Quality Assurance Engineer Engineering 128,500 LSL
Rail Engineer Engineering 123,400 LSL
Regional Field Engineer Engineering 138,200 LSL
Robotics Engineer Engineering 143,200 LSL
Robotics Technician Engineering 104,140 LSL
Safety Engineer Engineering 125,100 LSL
Safety Inspector Engineering 101,920 LSL
Safety Manager Engineering 148,300 LSL
Safety Officer Engineering 64,300 LSL
Sales Engineer Engineering 139,100 LSL
Scheduling Engineer Engineering 112,760 LSL
Service Engineer Engineering 130,400 LSL
Solar Engineer Engineering 128,900 LSL
Staff Engineer Engineering 119,700 LSL
Static Equipment Engineer Engineering 127,700 LSL
Stationary Engineer Engineering 117,660 LSL
Stress Engineer Engineering 123,400 LSL
Structural Analysis Engineer Engineering 117,440 LSL
Structural Designer Engineering 116,180 LSL
Structural Engineer Engineering 119,900 LSL
Structural Technician Engineering 80,840 LSL
Supply Chain Specialist Engineering 117,440 LSL
Surveyor Engineering 91,840 LSL
Technical Affairs Officer Engineering 61,580 LSL
Technical Assistant Engineering 67,020 LSL
Technical Engineer Engineering 109,340 LSL
Technical Support Engineer Engineering 114,820 LSL
Tender Engineer Engineering 116,180 LSL
Test Development Engineer Engineering 127,700 LSL
Test Engineer Engineering 125,100 LSL
Transportation Engineer Engineering 119,860 LSL
Validation Engineer Engineering 119,560 LSL
Verification Engineer Engineering 118,260 LSL
Wastewater Engineer Engineering 127,700 LSL
Wind Energy Engineer Engineering 125,100 LSL
Wind Energy Operations Manager Engineering 163,800 LSL
Work Planner Engineering 92,880 LSL

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