Average Leasing Consultant Salary in Gambia for 2024

In this article, we will look at the average Leasing Consultant salary for 2024 in Gambia 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 dalasi. To keep things simple, we are using the GMD currency code instead of the currency symbol D.

How Much Does a Leasing Consultant Make in Gambia?

A Leasing Consultant working in Gambia will typically earn around 192,000 GMD per year, and this can range from the lowest average salary of about 93,120 GMD to the highest average salary of 297,000 GMD.

Average Annual Salary
192,000 GMD
Average Monthly Salary
16,000 GMD

Lowest Annual Salary
93,120 GMD
Lowest Monthly Salary
7,760 GMD

Highest Annual Salary
297,000 GMD
Highest Monthly Salary
24,750 GMD

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

Leasing Consultant 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 Consultant Salaries in Gambia

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

Salary ranges

We already know that a Leasing Consultant can earn between 93,120 GMD and 297,000 GMD on average in Gambia. 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 Consultant in Gambia is 197,600 GMD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 197,600 GMD, and 50% of the population earn more than 197,600 GMD.

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 Consultant salary in Gambia, 25% of the population are earning less than 128,500 GMD while 75% of the population earn more than 128,500 GMD.

75% of the population earn less than 257,700 GMD, and 25% of the population earn more than 257,700 GMD.

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 Consultant Salary by Experience Level in Gambia

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 consultant 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 Consultant in Gambia that has less than two years of experience can expect to earn somewhere in the region of 106,600 GMD.
  • 2 - 5 Years Experience. With two to five years of experience the average Leasing Consultant salary would increase to 152,100 GMD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Leasing Consultant, the average salary would be 197,600 GMD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 245,300 GMD.
  • 15 - 20 Years Experience. A Leasing Consultant with 15 to 20 years of experience can earn an average of 261,300 GMD.
  • 20+ Years Experience. For a Leasing Consultant with more than 20 years, the expected average salary increases to 283,700 GMD.

Average Salary by Experience Chart

0-2 Years
106,600 GMD
2-5 Years +42%
152,100 GMD
5-10 Years +31%
197,600 GMD
10-15 Years +23%
245,300 GMD
15-20 Years +6%
261,300 GMD
20+ Years +10%
283,700 GMD

Leasing Consultant Salary by Education Level in Gambia

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 Consultant in Gambia 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 Consultant in Gambia with a high school education can earn an average salary of 134,600 GMD.

  • Certificate or Diploma. A Leasing Consultant in Gambia with a certificate or diploma education can earn an average salary of 194,600 GMD.

  • Bachelor's Degree. A Leasing Consultant in Gambia with a bachelor's degree education can earn an average salary of 263,200 GMD.

Average Salary by Education Chart

High School
134,600 GMD
Certificate or Diploma +47%
194,600 GMD
Bachelor's Degree +34%
263,200 GMD

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 Gambia is around 79,500 to 239,000 GMD 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 Consultant 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 Gambia, a male leasing consultant will earn an average of 201,100 GMD, while a female leasing consultant will earn around 185,100 GMD.

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

Average Salary by Gender Chart in Gambia

Male
201,100 GMD
Female -9%
185,100 GMD

Leasing Consultant Average Pay Raise in Gambia

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 Consultant in Gambia is around 7% every 29 months.

The national average pay raise across all professions and industries in Gambia 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 a Leasing Consultant in Gambia can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Gambia for 2024

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

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

Banking
7%
Energy
5%
Information Technology
3%
Healthcare
1%
Travel
8%
Construction
6%
Education
4%

Leasing Consultant Bonus and Incentive Rates in Gambia

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 Consultant is a low bonus based job, with 39% of employees reporting at least one bonus in the last 12 months.

61% 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 3% to 6%.

Received Bonus
39%
No Bonus
61%

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 Gambia earn approximately 11% more than private sector employees in the same role.

Public Sector
205,700 GMD
Private Sector -11%
185,100 GMD

Salaries for Jobs Similar to a Leasing Consultant

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

Job Title Category Salary
Acquisition Associate Real Estate 157,600 GMD
Assistant Leasing Manager Real Estate 194,600 GMD
Assistant Property Manager Real Estate 205,700 GMD
Brokerage Real Estate 159,100 GMD
Brokerage Clerk Real Estate 75,980 GMD
Commercial Leasing Manager Real Estate 320,500 GMD
Commercial Real Estate Manager Real Estate 332,500 GMD
Community Development Manager Real Estate 283,700 GMD
Compliance Specialist Real Estate 142,300 GMD
Development Coordinator Real Estate 157,600 GMD
Director of Real Estate Real Estate 357,700 GMD
Lease Administrator Real Estate 201,100 GMD
Leasing Agent Real Estate 168,100 GMD
Leasing Manager Real Estate 215,100 GMD
Lettings Assistant Real Estate 78,960 GMD
Portfolio Analyst Real Estate 261,300 GMD
Portfolio Manager Real Estate 348,300 GMD
Property Acquisition Agent Real Estate 138,800 GMD
Property and Claims Specialist Real Estate 187,300 GMD
Property Manager Real Estate 228,000 GMD
Property Operations Manager Real Estate 332,100 GMD
Property Tax Assistant Real Estate 151,800 GMD
Real Estate Administrator Real Estate 180,300 GMD
Real Estate Agent Real Estate 158,700 GMD
Real Estate Analyst Real Estate 197,600 GMD
Real Estate Appraiser Real Estate 159,500 GMD
Real Estate Appraiser Real Estate 172,200 GMD
Real Estate Assistant Real Estate 158,700 GMD
Real Estate Association Manager Real Estate 222,300 GMD
Real Estate Broker Real Estate 146,200 GMD
Real Estate General Manager Real Estate 311,700 GMD
Real Estate Project Director Real Estate 309,800 GMD
Real Estate Project Manager Real Estate 263,100 GMD
Real Estate Sales Agent Real Estate 164,200 GMD
Real Estate Valuer Real Estate 164,200 GMD
Research Analyst Real Estate 138,200 GMD
Residential Advisor Real Estate 180,300 GMD
Residential Property Manager Real Estate 225,700 GMD
Shopping Center Manager Real Estate 315,900 GMD
Town Planner Real Estate 325,900 GMD

Link To or Reference This Page

We spend a lot of time collecting, cleaning, merging, and formatting the data that is shown on the site to be as useful to you as possible.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference World Salaries as the source. We appreciate your support!

  • "Average Leasing Consultant Salary in Gambia for 2024". World Salaries. Accessed on April 19, 2024. https://worldsalaries.com/average-leasing-consultant-salary-in-gambia/.

  • "Average Leasing Consultant Salary in Gambia for 2024". World Salaries, https://worldsalaries.com/average-leasing-consultant-salary-in-gambia/. Accessed 19 April, 2024

  • Average Leasing Consultant Salary in Gambia for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-leasing-consultant-salary-in-gambia/.