Average Hair Replacement Specialist Salary in Cape Verde for 2024

In this article, we will look at the average Hair Replacement Specialist salary for 2024 in Cape Verde 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 Cape Verdean escudo. To keep things simple, we are using the CVE currency code instead of the currency symbol Esc.

How Much Does a Hair Replacement Specialist Make in Cape Verde?

A Hair Replacement Specialist working in Cape Verde will typically earn around 3,061,300 CVE per year, and this can range from the lowest average salary of about 1,405,700 CVE to the highest average salary of 4,870,300 CVE.

Average Annual Salary
3,061,300 CVE
Average Monthly Salary
255,108 CVE

Lowest Annual Salary
1,405,700 CVE
Lowest Monthly Salary
117,141 CVE

Highest Annual Salary
4,870,300 CVE
Highest Monthly Salary
405,858 CVE

These are average salaries for a Hair Replacement Specialist in Cape Verde and include benefits such as housing and transport. It's also possible for a Hair Replacement Specialist to earn more or less than the average salaries shown above.

Hair Replacement Specialist 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 Hair Replacement Specialist Salaries in Cape Verde

So we've looked at the average salaries a Hair Replacement Specialist will earn in Cape Verde. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Hair Replacement Specialist can earn between 1,405,700 CVE and 4,870,300 CVE on average in Cape Verde. 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 Hair Replacement Specialist in Cape Verde is 3,312,100 CVE. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 3,312,100 CVE, and 50% of the population earn more than 3,312,100 CVE.

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 Hair Replacement Specialist salary in Cape Verde, 25% of the population are earning less than 2,124,400 CVE while 75% of the population earn more than 2,124,400 CVE.

75% of the population earn less than 4,414,800 CVE, and 25% of the population earn more than 4,414,800 CVE.

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.

Hair Replacement Specialist Salary by Experience Level in Cape Verde

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 hair replacement specialist 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 Hair Replacement Specialist in Cape Verde that has less than two years of experience can expect to earn somewhere in the region of 1,594,500 CVE.
  • 2 - 5 Years Experience. With two to five years of experience the average Hair Replacement Specialist salary would increase to 2,136,200 CVE.
  • 5 - 10 Years Experience. From five to ten years of experience as a Hair Replacement Specialist, the average salary would be 3,156,400 CVE.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 3,850,500 CVE.
  • 15 - 20 Years Experience. A Hair Replacement Specialist with 15 to 20 years of experience can earn an average of 4,201,000 CVE.
  • 20+ Years Experience. For a Hair Replacement Specialist with more than 20 years, the expected average salary increases to 4,537,100 CVE.

Average Salary by Experience Chart

0-2 Years
1,594,500 CVE
2-5 Years +34%
2,136,200 CVE
5-10 Years +48%
3,156,400 CVE
10-15 Years +22%
3,850,500 CVE
15-20 Years +9%
4,201,000 CVE
20+ Years +8%
4,537,100 CVE

Hair Replacement Specialist Salary by Education Level in Cape Verde

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 Hair Replacement Specialist in Cape Verde 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 Hair Replacement Specialist in Cape Verde with a high school education can earn an average salary of 1,825,000 CVE.

  • Certificate or Diploma. A Hair Replacement Specialist in Cape Verde with a certificate or diploma education can earn an average salary of 2,868,600 CVE.

  • Bachelor's Degree. A Hair Replacement Specialist in Cape Verde with a bachelor's degree education can earn an average salary of 4,799,700 CVE.

Average Salary by Education Chart

High School
1,825,000 CVE
Certificate or Diploma +57%
2,868,600 CVE
Bachelor's Degree +68%
4,799,700 CVE

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 Cape Verde is around 1,020,000 to 3,060,000 CVE 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.

Hair Replacement Specialist 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 Cape Verde, a male hair replacement specialist will earn an average of 2,844,200 CVE, while a female hair replacement specialist will earn around 3,288,400 CVE.

This means that a male hair replacement specialist earns approximately 14% less than a female hair replacement specialist for performing the same job.

Average Salary by Gender Chart in Cape Verde

Male
2,844,200 CVE
Female +14%
3,288,400 CVE

Hair Replacement Specialist Average Pay Raise in Cape Verde

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 Hair Replacement Specialist in Cape Verde is around 8% every 30 months.

The national average pay raise across all professions and industries in Cape Verde 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 ÷ 30 ) × 12  = 3%

What this means is that a Hair Replacement Specialist in Cape Verde can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Cape Verde for 2024

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

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%

Hair Replacement Specialist Bonus and Incentive Rates in Cape Verde

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 Hair Replacement Specialist is a low bonus based job, with 42% of employees reporting at least one bonus in the last 12 months.

58% 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 2% to 7%.

Received Bonus
42%
No Bonus
58%

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

Public Sector
2,653,700 CVE
Private Sector -14%
2,327,100 CVE

Salaries for Jobs Similar to a Hair Replacement Specialist

In the table below, we have salary information for jobs that are similar to a Hair Replacement Specialist in Cape Verde.

Job Title Category Salary
Aromatherapist Fitness / Hair / Beauty 2,629,100 CVE
Art Therapist Fitness / Hair / Beauty 1,896,700 CVE
Assistant Spa Manager Fitness / Hair / Beauty 1,980,600 CVE
Beauty Advisor Fitness / Hair / Beauty 1,967,000 CVE
Beauty Educator Fitness / Hair / Beauty 2,314,800 CVE
Beauty Shop Coordinator Fitness / Hair / Beauty 1,369,700 CVE
Beauty Specialist Fitness / Hair / Beauty 2,003,200 CVE
Beauty Supply Manager Fitness / Hair / Beauty 3,156,400 CVE
Beauty Therapist Fitness / Hair / Beauty 1,980,600 CVE
Cosmetic Sales Fitness / Hair / Beauty 983,100 CVE
Cosmetologist Fitness / Hair / Beauty 1,645,600 CVE
Day Spa Manager Fitness / Hair / Beauty 3,601,500 CVE
Esthetician Fitness / Hair / Beauty 858,100 CVE
Fitness and Wellness Coordinator Fitness / Hair / Beauty 2,052,200 CVE
Fitness Instructor Fitness / Hair / Beauty 1,345,400 CVE
Grooming Salon Manager Fitness / Hair / Beauty 3,071,100 CVE
Hair Stylist Fitness / Hair / Beauty 1,157,300 CVE
Health Coach Fitness / Hair / Beauty 2,460,900 CVE
Health Educator Fitness / Hair / Beauty 2,928,100 CVE
Manicurist and Pedicurist Fitness / Hair / Beauty 769,500 CVE
Massage Therapist Fitness / Hair / Beauty 1,510,400 CVE
Masseur Fitness / Hair / Beauty 1,212,800 CVE
Natural Remedy Consultant Fitness / Hair / Beauty 2,557,100 CVE
Naturopath and Acupuncturist Fitness / Hair / Beauty 1,069,800 CVE
Occupational Therapist Fitness / Hair / Beauty 1,606,100 CVE
Occupational Therapy Assistant Fitness / Hair / Beauty 1,148,200 CVE
Physical Therapy Attendant Fitness / Hair / Beauty 1,120,700 CVE
Recreational Therapist Fitness / Hair / Beauty 1,500,800 CVE
Salon Assistant Fitness / Hair / Beauty 1,094,000 CVE
Salon Manager Fitness / Hair / Beauty 3,118,900 CVE
Spa Manager Fitness / Hair / Beauty 3,622,400 CVE
Spa Supervisor Fitness / Hair / Beauty 2,807,200 CVE
Sport and Recreation Manager Fitness / Hair / Beauty 3,514,400 CVE
Tattoo Artist Fitness / Hair / Beauty 929,700 CVE
Weight Loss Consultant Fitness / Hair / Beauty 3,288,400 CVE
Yoga Instructor Fitness / Hair / Beauty 2,242,500 CVE

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