Average Inside Sales Account Manager Salary in Liberia for 2024

In this article, we will look at the average Inside Sales Account Manager salary for 2024 in Liberia 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 Liberian dollar. To keep things simple, we are using the LRD currency code instead of the currency symbol $.

How Much Does an Inside Sales Account Manager Make in Liberia?

An Inside Sales Account Manager working in Liberia will typically earn around 868,400 LRD per year, and this can range from the lowest average salary of about 419,400 LRD to the highest average salary of 1,369,700 LRD.

Average Annual Salary
868,400 LRD
Average Monthly Salary
72,366 LRD

Lowest Annual Salary
419,400 LRD
Lowest Monthly Salary
34,950 LRD

Highest Annual Salary
1,369,700 LRD
Highest Monthly Salary
114,141 LRD

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

Inside Sales 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 Inside Sales Account Manager Salaries in Liberia

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

Salary ranges

We already know that an Inside Sales Account Manager can earn between 419,400 LRD and 1,369,700 LRD on average in Liberia. 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 Inside Sales Account Manager in Liberia is 903,500 LRD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 903,500 LRD, and 50% of the population earn more than 903,500 LRD.

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 Inside Sales Account Manager salary in Liberia, 25% of the population are earning less than 592,600 LRD while 75% of the population earn more than 592,600 LRD.

75% of the population earn less than 1,181,200 LRD, and 25% of the population earn more than 1,181,200 LRD.

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.

Inside Sales Account Manager Salary by Experience Level in Liberia

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 inside sales 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 Inside Sales Account Manager in Liberia that has less than two years of experience can expect to earn somewhere in the region of 489,600 LRD.
  • 2 - 5 Years Experience. With two to five years of experience the average Inside Sales Account Manager salary would increase to 693,100 LRD.
  • 5 - 10 Years Experience. From five to ten years of experience as an Inside Sales Account Manager, the average salary would be 908,200 LRD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 1,117,800 LRD.
  • 15 - 20 Years Experience. An Inside Sales Account Manager with 15 to 20 years of experience can earn an average of 1,189,900 LRD.
  • 20+ Years Experience. For an Inside Sales Account Manager with more than 20 years, the expected average salary increases to 1,306,100 LRD.

Average Salary by Experience Chart

0-2 Years
489,600 LRD
2-5 Years +42%
693,100 LRD
5-10 Years +31%
908,200 LRD
10-15 Years +23%
1,117,800 LRD
15-20 Years +6%
1,189,900 LRD
20+ Years +10%
1,306,100 LRD

Inside Sales Account Manager Salary by Education Level in Liberia

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 Inside Sales Account Manager in Liberia based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. An Inside Sales Account Manager in Liberia with a high school education can earn an average salary of 606,400 LRD.

  • Certificate or Diploma. An Inside Sales Account Manager in Liberia with a certificate or diploma education can earn an average salary of 889,400 LRD.

  • Bachelor's Degree. An Inside Sales Account Manager in Liberia with a bachelor's degree education can earn an average salary of 1,195,600 LRD.

Average Salary by Education Chart

High School
606,400 LRD
Certificate or Diploma +47%
889,400 LRD
Bachelor's Degree +34%
1,195,600 LRD

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 Liberia is around 359,000 to 1,080,000 LRD 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.

Inside Sales 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 Liberia, a male inside sales account manager will earn an average of 923,000 LRD, while a female inside sales account manager will earn around 844,600 LRD.

This means that a male inside sales account manager earns approximately 9% more than a female inside sales account manager for performing the same job.

Average Salary by Gender Chart in Liberia

Male
923,000 LRD
Female -9%
844,600 LRD

Inside Sales Account Manager Average Pay Raise in Liberia

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 Inside Sales Account Manager in Liberia is around 7% every 29 months.

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

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

Annual Pay Raise by Industry in Liberia for 2024

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

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%

Inside Sales Account Manager Bonus and Incentive Rates in Liberia

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 Inside Sales Account Manager is a moderate bonus based job, with 64% of employees reporting at least one bonus in the last 12 months.

36% 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 9%.

Received Bonus
64%
No Bonus
36%

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 Liberia earn approximately 21% more than private sector employees in the same role.

Public Sector
948,900 LRD
Private Sector -21%
782,500 LRD

Salaries for Jobs Similar to an Inside Sales Account Manager

In the table below, we have salary information for jobs that are similar to an Inside Sales Account Manager in Liberia.

Job Title Category Salary
Account Manager Sales Retail and Wholesale 1,004,600 LRD
Account Officer Sales Retail and Wholesale 558,300 LRD
Area Manager Sales Retail and Wholesale 1,122,300 LRD
Area Sales Director Sales Retail and Wholesale 1,777,700 LRD
Area Sales Manager Sales Retail and Wholesale 1,487,200 LRD
Assisstant Store Supervisor Sales Retail and Wholesale 619,000 LRD
Assistant Department Manager Sales Retail and Wholesale 680,100 LRD
Assistant Retail Store Manager Sales Retail and Wholesale 767,500 LRD
Branch Manager Sales Retail and Wholesale 1,074,200 LRD
Branch Supervisor Sales Retail and Wholesale 864,700 LRD
Cashier Sales Retail and Wholesale 330,700 LRD
Cashier Manager Sales Retail and Wholesale 767,500 LRD
Commercial Sales Manager Sales Retail and Wholesale 1,369,700 LRD
Corporate Sales Manager Sales Retail and Wholesale 1,273,300 LRD
Depot Manager Sales Retail and Wholesale 1,051,400 LRD
Depot Supervisor Sales Retail and Wholesale 896,700 LRD
Deputy Sales Manager Sales Retail and Wholesale 1,007,400 LRD
Director of Sales Sales Retail and Wholesale 1,728,900 LRD
Distribution Director Sales Retail and Wholesale 1,224,800 LRD
District Leader Sales Retail and Wholesale 902,100 LRD
District Manager Sales Retail and Wholesale 1,057,700 LRD
District Sales Manager Sales Retail and Wholesale 1,138,300 LRD
External Sales Account Manager Sales Retail and Wholesale 1,037,600 LRD
Field Sales Representative Sales Retail and Wholesale 713,900 LRD
Furniture Sales Associate Sales Retail and Wholesale 491,000 LRD
Global Wholesale Manager Sales Retail and Wholesale 1,858,200 LRD
Head Cashier Sales Retail and Wholesale 658,300 LRD
Head of Direct Sales Sales Retail and Wholesale 1,380,400 LRD
Head of Retail Sales Retail and Wholesale 1,296,900 LRD
Head Teller Sales Retail and Wholesale 674,100 LRD
Inside Sales Sales Retail and Wholesale 533,000 LRD
Inside Sales Engineer Sales Retail and Wholesale 639,100 LRD
Inside Sales Executive Sales Retail and Wholesale 962,300 LRD
Inside Sales Representative Sales Retail and Wholesale 614,600 LRD
Internal Sales Manager Sales Retail and Wholesale 1,097,500 LRD
Inventory Manager Sales Retail and Wholesale 962,300 LRD
Key Account Manager Sales Retail and Wholesale 993,600 LRD
Medical Device Sales Sales Retail and Wholesale 810,500 LRD
Medical Device Sales Representative Sales Retail and Wholesale 829,000 LRD
Merchandiser Sales Retail and Wholesale 706,200 LRD
National Account Manager Sales Retail and Wholesale 1,357,900 LRD
National Customer Solution Specialist Sales Retail and Wholesale 1,145,100 LRD
National Sales Manager Sales Retail and Wholesale 1,765,300 LRD
Outside Sales Representative Sales Retail and Wholesale 679,200 LRD
Parts Salesperson Sales Retail and Wholesale 563,300 LRD
Project Development Manager Sales Retail and Wholesale 1,182,400 LRD
Project Manager Sales Retail and Wholesale 1,124,200 LRD
Project Sales Executive Sales Retail and Wholesale 1,079,600 LRD
Purchasing and Sales Executive Sales Retail and Wholesale 1,645,600 LRD
Quotation Engineer Sales Retail and Wholesale 552,400 LRD
Regional Sales Director Sales Retail and Wholesale 1,835,700 LRD
Regional Sales Manager Sales Retail and Wholesale 1,896,700 LRD
Relationship Manager Sales Retail and Wholesale 1,224,800 LRD
Retail Merchandiser Sales Retail and Wholesale 447,300 LRD
Retail Operations Manager Sales Retail and Wholesale 1,023,000 LRD
Retail Sales Associate Sales Retail and Wholesale 772,700 LRD
Retail Sales Representative Sales Retail and Wholesale 633,300 LRD
Retail Salesperson Sales Retail and Wholesale 575,100 LRD
Retail Store Manager Sales Retail and Wholesale 1,130,200 LRD
Retail Store Sales Person Sales Retail and Wholesale 596,100 LRD
Revenue Manager Sales Retail and Wholesale 1,097,500 LRD
Sales Account Manager Sales Retail and Wholesale 1,249,900 LRD
Sales Admin Executive Sales Retail and Wholesale 1,369,700 LRD
Sales Administration Manager Sales Retail and Wholesale 1,380,400 LRD
Sales Analyst Sales Retail and Wholesale 995,200 LRD
Sales Assistant Sales Retail and Wholesale 407,100 LRD
Sales Associate Sales Retail and Wholesale 574,200 LRD
Sales Consultant Sales Retail and Wholesale 805,900 LRD
Sales Coordinator Sales Retail and Wholesale 587,800 LRD
Sales Development Representative Sales Retail and Wholesale 746,600 LRD
Sales Director Sales Retail and Wholesale 1,765,300 LRD
Sales Engineer Sales Retail and Wholesale 615,300 LRD
Sales Executive Sales Retail and Wholesale 1,109,200 LRD
Sales Manager Sales Retail and Wholesale 1,524,300 LRD
Sales Officer Sales Retail and Wholesale 614,600 LRD
Sales Planner Sales Retail and Wholesale 874,300 LRD
Sales Planning Analyst Sales Retail and Wholesale 934,900 LRD
Sales Representative Sales Retail and Wholesale 588,500 LRD
Sales Service Associate Sales Retail and Wholesale 524,400 LRD
Sales Specialist Sales Retail and Wholesale 844,600 LRD
Sales Supervisor Sales Retail and Wholesale 909,300 LRD
Sales Support Sales Retail and Wholesale 440,200 LRD
Sales Support Manager Sales Retail and Wholesale 931,900 LRD
Sales Team Leader Sales Retail and Wholesale 948,300 LRD
Sales Trainer Sales Retail and Wholesale 1,011,500 LRD
Securities Sales Agent Sales Retail and Wholesale 922,900 LRD
Shipper / Receiver Sales Retail and Wholesale 437,300 LRD
Shop Manager Sales Retail and Wholesale 1,011,500 LRD
Store Development Administrator Sales Retail and Wholesale 704,300 LRD
Store Manager Sales Retail and Wholesale 1,112,300 LRD
Territory Sales Manager Sales Retail and Wholesale 1,450,700 LRD
Territory Sales Representative Sales Retail and Wholesale 828,400 LRD
Trade Marketing Officer Sales Retail and Wholesale 991,100 LRD
Treasury Officer Sales Retail and Wholesale 875,000 LRD
Vice President Sales Sales Retail and Wholesale 1,391,600 LRD
Visual Merchandiser Sales Retail and Wholesale 533,100 LRD

Salary Comparison by City

If you want to compare salaries with different cities in Liberia, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Monrovia 945,400 LRD

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