Average Leasing Administrator Salary in Benin for 2024

In this article, we will look at the average Leasing Administrator salary for 2024 in Benin 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 West African CFA franc. To keep things simple, we are using the XOF currency code instead of the currency symbol Fr.

How Much Does a Leasing Administrator Make in Benin?

A Leasing Administrator working in Benin will typically earn around 2,662,900 XOF per year, and this can range from the lowest average salary of about 1,283,600 XOF to the highest average salary of 4,187,600 XOF.

Average Annual Salary
2,662,900 XOF
Average Monthly Salary
221,908 XOF

Lowest Annual Salary
1,283,600 XOF
Lowest Monthly Salary
106,966 XOF

Highest Annual Salary
4,187,600 XOF
Highest Monthly Salary
348,966 XOF

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

Leasing Administrator 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 Leasing Administrator Salaries in Benin

So we've looked at the average salaries a Leasing Administrator will earn in Benin. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Leasing Administrator can earn between 1,283,600 XOF and 4,187,600 XOF on average in Benin. 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 Leasing Administrator in Benin is 2,773,700 XOF. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 2,773,700 XOF, and 50% of the population earn more than 2,773,700 XOF.

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 Leasing Administrator salary in Benin, 25% of the population are earning less than 1,825,000 XOF while 75% of the population earn more than 1,825,000 XOF.

75% of the population earn less than 3,622,400 XOF, and 25% of the population earn more than 3,622,400 XOF.

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.

Leasing Administrator Salary by Experience Level in Benin

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 leasing administrator 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 Leasing Administrator in Benin that has less than two years of experience can expect to earn somewhere in the region of 1,500,800 XOF.
  • 2 - 5 Years Experience. With two to five years of experience the average Leasing Administrator salary would increase to 2,124,400 XOF.
  • 5 - 10 Years Experience. From five to ten years of experience as a Leasing Administrator, the average salary would be 2,794,600 XOF.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 3,432,600 XOF.
  • 15 - 20 Years Experience. A Leasing Administrator with 15 to 20 years of experience can earn an average of 3,648,200 XOF.
  • 20+ Years Experience. For a Leasing Administrator with more than 20 years, the expected average salary increases to 3,996,300 XOF.

Average Salary by Experience Chart

0-2 Years
1,500,800 XOF
2-5 Years +42%
2,124,400 XOF
5-10 Years +31%
2,794,600 XOF
10-15 Years +23%
3,432,600 XOF
15-20 Years +6%
3,648,200 XOF
20+ Years +10%
3,996,300 XOF

Leasing Administrator Salary by Education Level in Benin

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 Leasing Administrator in Benin 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 Leasing Administrator in Benin with a high school education can earn an average salary of 1,858,200 XOF.

  • Certificate or Diploma. A Leasing Administrator in Benin with a certificate or diploma education can earn an average salary of 2,146,100 XOF.

  • Bachelor's Degree. A Leasing Administrator in Benin with a bachelor's degree education can earn an average salary of 3,144,700 XOF.

  • Master's Degree. A Leasing Administrator in Benin with a master's degree education can earn an average salary of 3,863,700 XOF.

Average Salary by Education Chart

High School
1,858,200 XOF
Certificate or Diploma +16%
2,146,100 XOF
Bachelor's Degree +46%
3,144,700 XOF
Master's Degree +23%
3,863,700 XOF

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 Benin is around 1,700,000 to 5,100,000 XOF 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.

Leasing Administrator 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 Benin, a male leasing administrator will earn an average of 2,819,600 XOF, while a female leasing administrator will earn around 2,593,900 XOF.

This means that a male leasing administrator earns approximately 9% more than a female leasing administrator for performing the same job.

Average Salary by Gender Chart in Benin

Male
2,819,600 XOF
Female -9%
2,593,900 XOF

Leasing Administrator Average Pay Raise in Benin

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 Leasing Administrator in Benin is around 5% every 31 months.

The national average pay raise across all professions and industries in Benin 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 ÷ 31 ) × 12  = 2%

What this means is that a Leasing Administrator in Benin can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Benin for 2024

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

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

Banking
5%
Energy
1%
Information Technology
6%
Healthcare
2%
Travel
7%
Construction
3%
Education
8%

Leasing Administrator Bonus and Incentive Rates in Benin

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 Leasing Administrator is a low bonus based job, with 13% of employees reporting at least one bonus in the last 12 months.

87% 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%.

Received Bonus
13%
No Bonus
87%

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 Benin earn approximately 7% more than private sector employees in the same role.

Public Sector
4,201,000 XOF
Private Sector -7%
3,912,600 XOF

Salaries for Jobs Similar to a Leasing Administrator

In the table below, we have salary information for jobs that are similar to a Leasing Administrator in Benin.

Job Title Category Salary
Accreditation Specialist Administration / Reception / Secretarial 4,667,500 XOF
Admin Clerk Administration / Reception / Secretarial 1,487,200 XOF
Admin Executive Administration / Reception / Secretarial 2,242,500 XOF
Administrative Aide Administration / Reception / Secretarial 1,716,600 XOF
Administrative Analyst Administration / Reception / Secretarial 2,976,900 XOF
Administrative Assistant Administration / Reception / Secretarial 2,290,300 XOF
Administrative Associate Administration / Reception / Secretarial 2,086,500 XOF
Administrative Coordinator Administration / Reception / Secretarial 2,003,200 XOF
Administrative Manager Administration / Reception / Secretarial 3,217,900 XOF
Administrative Officer Administration / Reception / Secretarial 2,173,000 XOF
Administrative Receptionist Administration / Reception / Secretarial 1,980,600 XOF
Administrative Secretary Administration / Reception / Secretarial 1,896,700 XOF
Administrative Specialist Administration / Reception / Secretarial 2,146,100 XOF
Administrative Support Administration / Reception / Secretarial 1,955,300 XOF
Administrative Technician Administration / Reception / Secretarial 1,788,300 XOF
Board Secretary Administration / Reception / Secretarial 2,038,500 XOF
Branch Office Administrator Administration / Reception / Secretarial 3,539,100 XOF
Business Administrator Administration / Reception / Secretarial 3,288,400 XOF
Business Office Manager Administration / Reception / Secretarial 5,614,600 XOF
Central Office Operator Administration / Reception / Secretarial 2,065,400 XOF
Clerical Assistant Administration / Reception / Secretarial 1,249,900 XOF
Clerk Administration / Reception / Secretarial 1,428,800 XOF
Commercial Administrator Administration / Reception / Secretarial 2,964,800 XOF
Commissions Processor Administration / Reception / Secretarial 2,579,200 XOF
Conveyancing Secretary Administration / Reception / Secretarial 1,800,200 XOF
Corporate Receptionist Administration / Reception / Secretarial 2,124,400 XOF
Creditors Clerk Administration / Reception / Secretarial 2,124,400 XOF
Data Entry Clerk Administration / Reception / Secretarial 1,487,200 XOF
Data Entry Specialist Administration / Reception / Secretarial 2,100,900 XOF
Document Controller Administration / Reception / Secretarial 1,800,200 XOF
Document Management Specialist Administration / Reception / Secretarial 2,605,500 XOF
Executive Administrative Assistant Administration / Reception / Secretarial 2,314,800 XOF
Executive Assistant Administration / Reception / Secretarial 2,401,300 XOF
Executive Officer Administration / Reception / Secretarial 2,676,200 XOF
Executive Personal Assistant Administration / Reception / Secretarial 2,566,100 XOF
Executive Secretary Administration / Reception / Secretarial 2,266,400 XOF
File Clerk Administration / Reception / Secretarial 1,464,200 XOF
Front Desk Attendant Administration / Reception / Secretarial 1,980,600 XOF
Front Desk Coordinator Administration / Reception / Secretarial 2,593,900 XOF
Front Desk Manager Administration / Reception / Secretarial 3,192,300 XOF
Front Desk Receptionist Administration / Reception / Secretarial 1,967,000 XOF
Front Desk Shift Leader Administration / Reception / Secretarial 2,485,800 XOF
Front Office Assistant Administration / Reception / Secretarial 1,930,500 XOF
Front Office Executive Administration / Reception / Secretarial 2,653,700 XOF
Group Services Manager Administration / Reception / Secretarial 5,639,700 XOF
Head Receptionist Administration / Reception / Secretarial 2,314,800 XOF
Inquiry and Admissions Clerk Administration / Reception / Secretarial 1,464,200 XOF
Key Account Assistant Administration / Reception / Secretarial 2,519,500 XOF
Keyboard and Data Entry Operator Administration / Reception / Secretarial 1,417,600 XOF
Legal Secretary Administration / Reception / Secretarial 2,254,400 XOF
Librarian Administration / Reception / Secretarial 2,688,800 XOF
Mail Processing Clerk Administration / Reception / Secretarial 1,283,600 XOF
Mail Sorting Clerk Administration / Reception / Secretarial 1,198,300 XOF
Mailroom Clerk Administration / Reception / Secretarial 1,306,100 XOF
Mailroom Manager Administration / Reception / Secretarial 2,230,100 XOF
Management Support Secretary Administration / Reception / Secretarial 2,026,800 XOF
Master Programme Coordinator Administration / Reception / Secretarial 3,889,500 XOF
Medical Receptionist Administration / Reception / Secretarial 2,161,200 XOF
Meeting and Event Assistant Administration / Reception / Secretarial 2,314,800 XOF
Meeting and Event Manager Administration / Reception / Secretarial 5,183,700 XOF
Night Manager Administration / Reception / Secretarial 3,192,300 XOF
Office Administrator Administration / Reception / Secretarial 3,229,900 XOF
Office Assistant Administration / Reception / Secretarial 1,450,700 XOF
Office Automation Clerk Administration / Reception / Secretarial 2,460,900 XOF
Office Clerk Administration / Reception / Secretarial 1,716,600 XOF
Office Coordinator Administration / Reception / Secretarial 2,136,200 XOF
Office Manager Administration / Reception / Secretarial 3,792,300 XOF
Office Services Coordinator Administration / Reception / Secretarial 2,748,900 XOF
Office Supervisor Administration / Reception / Secretarial 2,688,800 XOF
Operations Analyst Administration / Reception / Secretarial 4,380,400 XOF
Operations Clerk Administration / Reception / Secretarial 2,339,200 XOF
Operations Manager Administration / Reception / Secretarial 5,412,700 XOF
Personal Assistant Administration / Reception / Secretarial 2,065,400 XOF
Planning Assistant Administration / Reception / Secretarial 2,485,800 XOF
Process Expert Administration / Reception / Secretarial 3,205,100 XOF
Program Coordinator Administration / Reception / Secretarial 2,953,200 XOF
Programme Assistant Administration / Reception / Secretarial 2,711,900 XOF
Project Administrator Administration / Reception / Secretarial 3,529,600 XOF
Project Coordinator Administration / Reception / Secretarial 4,585,100 XOF
Query Administrator Administration / Reception / Secretarial 2,641,300 XOF
Reception Team Lead Administration / Reception / Secretarial 2,579,200 XOF
Receptionist Administration / Reception / Secretarial 2,026,800 XOF
Records Officer Administration / Reception / Secretarial 1,716,600 XOF
Registry Administrator Administration / Reception / Secretarial 2,173,000 XOF
Registry and Filing Clerk Administration / Reception / Secretarial 1,417,600 XOF
Rental Clerk Administration / Reception / Secretarial 1,500,800 XOF
Schedule Officer Administration / Reception / Secretarial 1,487,200 XOF
Scheduler Administration / Reception / Secretarial 1,537,500 XOF
School Secretary Administration / Reception / Secretarial 2,052,200 XOF
Secretary Administration / Reception / Secretarial 1,942,700 XOF
Service Reception Head Administration / Reception / Secretarial 2,401,300 XOF
Switchboard Operator Administration / Reception / Secretarial 1,703,200 XOF
Technical Program Manager Administration / Reception / Secretarial 4,919,600 XOF
Technical Project Manager Administration / Reception / Secretarial 5,221,800 XOF
Typist Administration / Reception / Secretarial 1,668,900 XOF
Unit Secretary Administration / Reception / Secretarial 1,846,200 XOF
Wayleave Officer Administration / Reception / Secretarial 1,487,200 XOF

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