Average Foundation Director Salary in Eritrea for 2024

In this article, we will look at the average Foundation Director salary for 2024 in Eritrea 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 Eritrean nakfa. To keep things simple, we are using the ERN currency code instead of the currency symbol Nfk.

How Much Does a Foundation Director Make in Eritrea?

A Foundation Director working in Eritrea will typically earn around 117,520 ERN per year, and this can range from the lowest average salary of about 57,860 ERN to the highest average salary of 183,700 ERN.

Average Annual Salary
117,520 ERN
Average Monthly Salary
9,793 ERN

Lowest Annual Salary
57,860 ERN
Lowest Monthly Salary
4,821 ERN

Highest Annual Salary
183,700 ERN
Highest Monthly Salary
15,308 ERN

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

Foundation 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 Foundation Director Salaries in Eritrea

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

Salary ranges

We already know that a Foundation Director can earn between 57,860 ERN and 183,700 ERN on average in Eritrea. 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 Foundation Director in Eritrea is 117,520 ERN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 117,520 ERN, and 50% of the population earn more than 117,520 ERN.

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 Foundation Director salary in Eritrea, 25% of the population are earning less than 78,120 ERN while 75% of the population earn more than 78,120 ERN.

75% of the population earn less than 152,100 ERN, and 25% of the population earn more than 152,100 ERN.

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.

Foundation Director Salary by Experience Level in Eritrea

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 foundation 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 Foundation Director in Eritrea that has less than two years of experience can expect to earn somewhere in the region of 69,720 ERN.
  • 2 - 5 Years Experience. With two to five years of experience the average Foundation Director salary would increase to 95,760 ERN.
  • 5 - 10 Years Experience. From five to ten years of experience as a Foundation Director, the average salary would be 127,700 ERN.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 151,800 ERN.
  • 15 - 20 Years Experience. A Foundation Director with 15 to 20 years of experience can earn an average of 161,300 ERN.
  • 20+ Years Experience. For a Foundation Director with more than 20 years, the expected average salary increases to 172,200 ERN.

Average Salary by Experience Chart

0-2 Years
69,720 ERN
2-5 Years +32%
95,760 ERN
5-10 Years +34%
127,700 ERN
10-15 Years +19%
151,800 ERN
15-20 Years +8%
161,300 ERN
20+ Years +7%
172,200 ERN

Foundation Director Salary by Education Level in Eritrea

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 Foundation Director in Eritrea 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 Foundation Director in Eritrea with a high school education can earn an average salary of 87,640 ERN.

  • Certificate or Diploma. A Foundation Director in Eritrea with a certificate or diploma education can earn an average salary of 103,200 ERN.

  • Bachelor's Degree. A Foundation Director in Eritrea with a bachelor's degree education can earn an average salary of 139,100 ERN.

  • Master's Degree. A Foundation Director in Eritrea with a master's degree education can earn an average salary of 172,200 ERN.

Average Salary by Education Chart

High School
87,640 ERN
Certificate or Diploma +14%
103,200 ERN
Bachelor's Degree +36%
139,100 ERN
Master's Degree +26%
172,200 ERN

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 Eritrea is around 34,200 to 103,000 ERN 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.

Foundation 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 Eritrea, a male foundation director will earn an average of 119,900 ERN, while a female foundation director will earn around 113,840 ERN.

This means that a male foundation director earns approximately 5% more than a female foundation director for performing the same job.

Average Salary by Gender Chart in Eritrea

Male
119,900 ERN
Female -5%
113,840 ERN

Foundation Director Average Pay Raise in Eritrea

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 Foundation Director in Eritrea is around 7% every 32 months.

The national average pay raise across all professions and industries in Eritrea 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 = ( 7 ÷ 32 ) × 12  = 3%

What this means is that a Foundation Director in Eritrea can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Eritrea for 2024

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

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Foundation Director Bonus and Incentive Rates in Eritrea

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 Foundation Director is a moderate bonus based job, with 63% of employees reporting at least one bonus in the last 12 months.

37% 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 8%.

Received Bonus
63%
No Bonus
37%

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 Eritrea earn approximately 24% more than private sector employees in the same role.

Public Sector
90,540 ERN
Private Sector -24%
72,740 ERN

Salaries for Jobs Similar to a Foundation Director

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

Job Title Category Salary
Activity Aide Fundraising and Non Profit 26,400 ERN
Activity Coordinator Fundraising and Non Profit 23,140 ERN
Activity Leader Fundraising and Non Profit 49,820 ERN
Adoption Specialist Fundraising and Non Profit 89,280 ERN
Assistant Programme Officer Fundraising and Non Profit 51,080 ERN
Campaign Manager Fundraising and Non Profit 95,620 ERN
Charities Administrator Fundraising and Non Profit 58,800 ERN
Charities Fundraiser Fundraising and Non Profit 60,160 ERN
Civil Servant Fundraising and Non Profit 26,080 ERN
Civil Service Administrator Fundraising and Non Profit 42,400 ERN
Community Health Worker Fundraising and Non Profit 23,360 ERN
Community Relations Representative Fundraising and Non Profit 41,700 ERN
Community Service Manager Fundraising and Non Profit 92,880 ERN
Community Volunteer Fundraising and Non Profit 23,360 ERN
Community Worker Fundraising and Non Profit 27,300 ERN
Custodial Worker Fundraising and Non Profit 27,020 ERN
Education Planning Specialist Fundraising and Non Profit 89,980 ERN
Foundation Assistant Fundraising and Non Profit 37,200 ERN
Foundation Program Coordinator Fundraising and Non Profit 74,540 ERN
Fundraiser Fundraising and Non Profit 64,300 ERN
Fundraising Coordinator Fundraising and Non Profit 40,600 ERN
Fundraising Director Fundraising and Non Profit 119,320 ERN
Fundraising Manager Fundraising and Non Profit 104,060 ERN
Grant Writer Fundraising and Non Profit 38,260 ERN
Healthcare Social Worker Fundraising and Non Profit 29,540 ERN
Homeless Shelter Worker Fundraising and Non Profit 26,080 ERN
Major Gift Officer Fundraising and Non Profit 27,620 ERN
Orphan Program Coordinator Fundraising and Non Profit 43,360 ERN
Rehab Aide Fundraising and Non Profit 32,020 ERN
Rehabilitation Aide Fundraising and Non Profit 34,080 ERN
Social Worker Fundraising and Non Profit 25,940 ERN
Sponsorship Coordinator Fundraising and Non Profit 42,040 ERN
Volunteer Coordinator Fundraising and Non Profit 34,240 ERN

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