Average Oil Trader Salary in Mauritania for 2024

In this article, we will look at the average Oil Trader salary for 2024 in Mauritania 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 Mauritanian ouguiya. To keep things simple, we are using the MRU currency code instead of the currency symbol UM.

How Much Does an Oil Trader Make in Mauritania?

An Oil Trader working in Mauritania will typically earn around 281,500 MRU per year, and this can range from the lowest average salary of about 138,800 MRU to the highest average salary of 433,800 MRU.

Average Annual Salary
281,500 MRU
Average Monthly Salary
23,458 MRU

Lowest Annual Salary
138,800 MRU
Lowest Monthly Salary
11,566 MRU

Highest Annual Salary
433,800 MRU
Highest Monthly Salary
36,150 MRU

These are average salaries for an Oil Trader in Mauritania and include benefits such as housing and transport. It's also possible for an Oil Trader to earn more or less than the average salaries shown above.

Oil Trader 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 Oil Trader Salaries in Mauritania

So we've looked at the average salaries an Oil Trader will earn in Mauritania. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Oil Trader can earn between 138,800 MRU and 433,800 MRU on average in Mauritania. 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 Oil Trader in Mauritania is 281,500 MRU. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 281,500 MRU, and 50% of the population earn more than 281,500 MRU.

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 Oil Trader salary in Mauritania, 25% of the population are earning less than 190,500 MRU while 75% of the population earn more than 190,500 MRU.

75% of the population earn less than 359,900 MRU, and 25% of the population earn more than 359,900 MRU.

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.

Oil Trader Salary by Experience Level in Mauritania

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 oil trader 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 Oil Trader in Mauritania that has less than two years of experience can expect to earn somewhere in the region of 167,100 MRU.
  • 2 - 5 Years Experience. With two to five years of experience the average Oil Trader salary would increase to 221,500 MRU.
  • 5 - 10 Years Experience. From five to ten years of experience as an Oil Trader, the average salary would be 297,000 MRU.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 357,300 MRU.
  • 15 - 20 Years Experience. An Oil Trader with 15 to 20 years of experience can earn an average of 382,600 MRU.
  • 20+ Years Experience. For an Oil Trader with more than 20 years, the expected average salary increases to 412,000 MRU.

Average Salary by Experience Chart

0-2 Years
167,100 MRU
2-5 Years +32%
221,500 MRU
5-10 Years +34%
297,000 MRU
10-15 Years +19%
357,300 MRU
15-20 Years +8%
382,600 MRU
20+ Years +7%
412,000 MRU

Oil Trader Salary by Education Level in Mauritania

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 Oil Trader in Mauritania 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 Oil Trader in Mauritania with a high school education can earn an average salary of 221,500 MRU.

  • Certificate or Diploma. An Oil Trader in Mauritania with a certificate or diploma education can earn an average salary of 311,700 MRU.

  • Bachelor's Degree. An Oil Trader in Mauritania with a bachelor's degree education can earn an average salary of 389,200 MRU.

Average Salary by Education Chart

High School
221,500 MRU
Certificate or Diploma +40%
311,700 MRU
Bachelor's Degree +25%
389,200 MRU

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 Mauritania is around 99,400 to 298,000 MRU 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.

Oil Trader 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 Mauritania, a male oil trader will earn an average of 290,800 MRU, while a female oil trader will earn around 271,300 MRU.

This means that a male oil trader earns approximately 7% more than a female oil trader for performing the same job.

Average Salary by Gender Chart in Mauritania

Male
290,800 MRU
Female -7%
271,300 MRU

Oil Trader Average Pay Raise in Mauritania

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 Oil Trader in Mauritania is around 9% every 27 months.

The national average pay raise across all professions and industries in Mauritania 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 = ( 9 ÷ 27 ) × 12  = 4%

What this means is that an Oil Trader in Mauritania can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Mauritania for 2024

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

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

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Oil Trader Bonus and Incentive Rates in Mauritania

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 Oil Trader 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 3%.

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 Mauritania earn approximately 10% more than private sector employees in the same role.

Public Sector
247,800 MRU
Private Sector -10%
225,700 MRU

Salaries for Jobs Similar to an Oil Trader

In the table below, we have salary information for jobs that are similar to an Oil Trader in Mauritania.

Job Title Category Salary
Assistant Yard Manager Oil / Gas / Energy / Mining 207,700 MRU
Associate Analyst Oil / Gas / Energy / Mining 246,500 MRU
Associate Landman Oil / Gas / Energy / Mining 104,500 MRU
Auxiliary Equipment Operator Oil / Gas / Energy / Mining 86,740 MRU
Biomass Plant Technician Oil / Gas / Energy / Mining 109,520 MRU
Biomass Power Plant Manager Oil / Gas / Energy / Mining 294,700 MRU
Chemical Plant Operator Oil / Gas / Energy / Mining 183,600 MRU
Chief Contract Compliance Engineer Oil / Gas / Energy / Mining 228,500 MRU
Completions Engineer Oil / Gas / Energy / Mining 217,900 MRU
Cost Controller Oil / Gas / Energy / Mining 168,100 MRU
Cost Engineer Oil / Gas / Energy / Mining 209,700 MRU
Crude Oil Marketing Representative Oil / Gas / Energy / Mining 237,400 MRU
Dispatcher Oil / Gas / Energy / Mining 95,600 MRU
Distribution Manager Oil / Gas / Energy / Mining 301,300 MRU
Dragline Operator Oil / Gas / Energy / Mining 110,340 MRU
Driller Offsider Oil / Gas / Energy / Mining 78,160 MRU
Dump Truck Driver Oil / Gas / Energy / Mining 82,520 MRU
Electric and Gas Operations Manager Oil / Gas / Energy / Mining 498,000 MRU
Energy Advisor Oil / Gas / Energy / Mining 325,900 MRU
Energy Analyst Oil / Gas / Energy / Mining 325,900 MRU
Energy Auditor Oil / Gas / Energy / Mining 271,300 MRU
Energy Dispatch Director Oil / Gas / Energy / Mining 388,100 MRU
Energy Technical Assistant Oil / Gas / Energy / Mining 137,400 MRU
Energy Technical Manager Oil / Gas / Energy / Mining 263,900 MRU
Energy Technical Support Manager Oil / Gas / Energy / Mining 277,400 MRU
Energy Technical Trainer Oil / Gas / Energy / Mining 185,100 MRU
Engineering Geologist Oil / Gas / Energy / Mining 407,100 MRU
Exploration Manager Oil / Gas / Energy / Mining 369,300 MRU
Field Safety Auditor Oil / Gas / Energy / Mining 246,200 MRU
Fluids Engineer Oil / Gas / Energy / Mining 209,700 MRU
Fuel Cell Engineer Oil / Gas / Energy / Mining 228,500 MRU
Fuel Cell Technician Oil / Gas / Energy / Mining 112,620 MRU
Fuels Handler Oil / Gas / Energy / Mining 101,860 MRU
Gas Compressor Operator Oil / Gas / Energy / Mining 97,460 MRU
Gas Distribution Plant Operator Oil / Gas / Energy / Mining 172,400 MRU
Gas Supply Manager Oil / Gas / Energy / Mining 344,600 MRU
Geologist Oil / Gas / Energy / Mining 382,600 MRU
Geophysicist Oil / Gas / Energy / Mining 388,100 MRU
Geothermal Production Manager Oil / Gas / Energy / Mining 375,200 MRU
Geothermal Technician Oil / Gas / Energy / Mining 159,100 MRU
HSE Engineer Oil / Gas / Energy / Mining 227,600 MRU
HSE Officer Oil / Gas / Energy / Mining 128,500 MRU
HSE Supervisor Oil / Gas / Energy / Mining 158,700 MRU
HSEQ Administrator Oil / Gas / Energy / Mining 159,100 MRU
Inspector Oil / Gas / Energy / Mining 197,600 MRU
Instructor Oil / Gas / Energy / Mining 172,200 MRU
Instrument Designer Oil / Gas / Energy / Mining 169,000 MRU
Lead Technical Field Advisor Oil / Gas / Energy / Mining 282,300 MRU
Logistics and Tool Coordinator Oil / Gas / Energy / Mining 187,500 MRU
Maintenance Engineer Oil / Gas / Energy / Mining 231,000 MRU
Maintenance Superintendent Oil / Gas / Energy / Mining 197,600 MRU
Material Controller Oil / Gas / Energy / Mining 142,300 MRU
Mine Engineer Oil / Gas / Energy / Mining 214,000 MRU
Mine Surveyor Oil / Gas / Energy / Mining 252,300 MRU
Mining Project Administrator Oil / Gas / Energy / Mining 187,500 MRU
Mining Project Assistant Oil / Gas / Energy / Mining 151,800 MRU
Mining Project Controls Consultant Oil / Gas / Energy / Mining 245,300 MRU
Mining Project Coordinator Oil / Gas / Energy / Mining 197,600 MRU
Mining Project Engineer Oil / Gas / Energy / Mining 204,000 MRU
Mining Project Manager Oil / Gas / Energy / Mining 275,200 MRU
Mining Site Manager Oil / Gas / Energy / Mining 277,400 MRU
Mining Team Leader Oil / Gas / Energy / Mining 238,900 MRU
NDT Technician Oil / Gas / Energy / Mining 138,800 MRU
Oil Service Unit Operator Oil / Gas / Energy / Mining 111,000 MRU
Oilwell Pumper Oil / Gas / Energy / Mining 84,580 MRU
Petroleum Engineer Oil / Gas / Energy / Mining 252,300 MRU
Petroleum Geologist Oil / Gas / Energy / Mining 386,400 MRU
Petroleum Pump System Operator Oil / Gas / Energy / Mining 117,860 MRU
Petroleum Technician Oil / Gas / Energy / Mining 129,000 MRU
Pipeline Technician Oil / Gas / Energy / Mining 83,900 MRU
Power Coordinator Oil / Gas / Energy / Mining 136,200 MRU
Power Plant Operations Manager Oil / Gas / Energy / Mining 411,400 MRU
Power Plant Operator Oil / Gas / Energy / Mining 183,600 MRU
Radio Operator Oil / Gas / Energy / Mining 100,580 MRU
Reliability Engineer Oil / Gas / Energy / Mining 221,500 MRU
Reservoir Engineer Oil / Gas / Energy / Mining 205,700 MRU
Risk Analyst Oil / Gas / Energy / Mining 275,500 MRU
Roughneck Oil / Gas / Energy / Mining 217,900 MRU
Scaffolder Oil / Gas / Energy / Mining 150,000 MRU
Shutdown Engineer Oil / Gas / Energy / Mining 180,300 MRU
Solar Energy Installation Manager Oil / Gas / Energy / Mining 330,900 MRU
Solar Energy Systems Engineer Oil / Gas / Energy / Mining 217,900 MRU
Solar Photovoltaic Installer Oil / Gas / Energy / Mining 143,200 MRU
Solar Thermal Technician Oil / Gas / Energy / Mining 138,800 MRU
Supply Operations Manager Oil / Gas / Energy / Mining 345,100 MRU
Sustainability Specialist Oil / Gas / Energy / Mining 363,000 MRU
System Development Advisor Oil / Gas / Energy / Mining 240,500 MRU
Tanker Truck Driver Oil / Gas / Energy / Mining 80,640 MRU
Utility Operator Oil / Gas / Energy / Mining 125,100 MRU
Wind Energy Project Manager Oil / Gas / Energy / Mining 308,900 MRU

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