Average Jewelry Mold Maker Salary in Sao Tome and Principe for 2024

In this article, we will look at the average Jewelry Mold Maker salary for 2024 in Sao Tome and Principe 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 São Tomé and Príncipe dobra. To keep things simple, we are using the STN currency code instead of the currency symbol Db.

How Much Does a Jewelry Mold Maker Make in Sao Tome and Principe?

A Jewelry Mold Maker working in Sao Tome and Principe will typically earn around 41,878,100 STN per year, and this can range from the lowest average salary of about 21,841,900 STN to the highest average salary of 64,079,200 STN.

These are average salaries for a Jewelry Mold Maker in Sao Tome and Principe 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 Sao Tome and Principe

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

Salary ranges

We already know that a Jewelry Mold Maker can earn between 21,841,900 STN and 64,079,200 STN on average in Sao Tome and Principe. 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 Sao Tome and Principe is 40,199,100 STN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 40,199,100 STN, and 50% of the population earn more than 40,199,100 STN.

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 Sao Tome and Principe, 25% of the population are earning less than 27,960,400 STN while 75% of the population earn more than 27,960,400 STN.

75% of the population earn less than 50,039,800 STN, and 25% of the population earn more than 50,039,800 STN.

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 Sao Tome and Principe

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 Sao Tome and Principe that has less than two years of experience can expect to earn somewhere in the region of 24,718,600 STN.
• 2 - 5 Years Experience. With two to five years of experience the average Jewelry Mold Maker salary would increase to 33,240,500 STN.
• 5 - 10 Years Experience. From five to ten years of experience as a Jewelry Mold Maker, the average salary would be 43,198,900 STN.
• 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 52,319,400 STN.
• 15 - 20 Years Experience. A Jewelry Mold Maker with 15 to 20 years of experience can earn an average of 57,118,900 STN.
• 20+ Years Experience. For a Jewelry Mold Maker with more than 20 years, the expected average salary increases to 60,119,800 STN.

Average Salary by Experience Chart

Jewelry Mold Maker Salary by Education Level in Sao Tome and Principe

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 Sao Tome and Principe 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 Sao Tome and Principe with a high school education can earn an average salary of 31,081,900 STN.

• Certificate or Diploma. A Jewelry Mold Maker in Sao Tome and Principe with a certificate or diploma education can earn an average salary of 52,319,400 STN.

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 Sao Tome and Principe, a male jewelry mold maker will earn an average of 40,079,600 STN, while a female jewelry mold maker will earn around 44,641,600 STN.

This means that a male jewelry mold maker earns approximately 10% less than a female jewelry mold maker for performing the same job.

Average Salary by Gender Chart in Sao Tome and Principe

Jewelry Mold Maker Average Pay Raise in Sao Tome and Principe

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 Sao Tome and Principe is around 6% every 28 months.

The national average pay raise across all professions and industries in Sao Tome and Principe 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 = ( 6 ÷ 28 ) × 12  = 3%

What this means is that a Jewelry Mold Maker in Sao Tome and Principe can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Sao Tome and Principe for 2024

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

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 Sao Tome and Principe

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 9% of employees reporting at least one bonus in the last 12 months.

91% 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 1% to 3%.

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 Sao Tome and Principe earn approximately 11% 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 Sao Tome and Principe.

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