Average Jewelry Mold Maker Salary in Namibia for 2024

In this article, we will look at the average Jewelry Mold Maker salary for 2024 in Namibia 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 Namibian dollar. To keep things simple, we are using the NAD currency code instead of the currency symbol $.

How Much Does a Jewelry Mold Maker Make in Namibia?

A Jewelry Mold Maker working in Namibia will typically earn around 110,380 NAD per year, and this can range from the lowest average salary of about 52,300 NAD to the highest average salary of 172,200 NAD.

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

Jewelry Mold Maker 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 Jewelry Mold Maker Salaries in Namibia

So we've looked at the average salaries a Jewelry Mold Maker will earn in Namibia. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Jewelry Mold Maker can earn between 52,300 NAD and 172,200 NAD on average in Namibia. 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 Jewelry Mold Maker in Namibia is 111,240 NAD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 111,240 NAD, and 50% of the population earn more than 111,240 NAD.

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 Jewelry Mold Maker salary in Namibia, 25% of the population are earning less than 73,980 NAD while 75% of the population earn more than 73,980 NAD.

75% of the population earn less than 146,200 NAD, and 25% of the population earn more than 146,200 NAD.

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.

Jewelry Mold Maker Salary by Experience Level in Namibia

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 jewelry mold maker 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 Jewelry Mold Maker in Namibia that has less than two years of experience can expect to earn somewhere in the region of 63,480 NAD.
• 2 - 5 Years Experience. With two to five years of experience the average Jewelry Mold Maker salary would increase to 82,920 NAD.
• 5 - 10 Years Experience. From five to ten years of experience as a Jewelry Mold Maker, the average salary would be 112,440 NAD.
• 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 138,800 NAD.
• 15 - 20 Years Experience. A Jewelry Mold Maker with 15 to 20 years of experience can earn an average of 152,100 NAD.
• 20+ Years Experience. For a Jewelry Mold Maker with more than 20 years, the expected average salary increases to 159,500 NAD.

Average Salary by Experience Chart

Jewelry Mold Maker Salary by Education Level in Namibia

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 Jewelry Mold Maker in Namibia 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 Jewelry Mold Maker in Namibia with a high school education can earn an average salary of 92,300 NAD.

• Certificate or Diploma. A Jewelry Mold Maker in Namibia with a certificate or diploma education can earn an average salary of 151,800 NAD.

Average Salary by Education Chart

Jewelry Mold Maker 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 Namibia, a male jewelry mold maker will earn an average of 105,300 NAD, while a female jewelry mold maker will earn around 112,440 NAD.

This means that a male jewelry mold maker earns approximately 6% less than a female jewelry mold maker for performing the same job.

Average Salary by Gender Chart in Namibia

Jewelry Mold Maker Average Pay Raise in Namibia

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 Jewelry Mold Maker in Namibia is around 5% every 29 months.

The national average pay raise across all professions and industries in Namibia 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 = ( 5 ÷ 29 ) × 12  = 2%

What this means is that a Jewelry Mold Maker in Namibia can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Namibia for 2024

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

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

Jewelry Mold Maker Bonus and Incentive Rates in Namibia

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 Jewelry Mold Maker is a low bonus based job, with 12% of employees reporting at least one bonus in the last 12 months.

88% 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 0% to 4%.

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 Namibia earn approximately 8% more than private sector employees in the same role.

Salaries for Jobs Similar to a Jewelry Mold Maker

In the table below, we have salary information for jobs that are similar to a Jewelry Mold Maker in Namibia.

Salary Comparison by City

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

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