Average Parking Inspector Salary in Sao Tome and Principe for 2024

In this article, we will look at the average Parking Inspector 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 Parking Inspector Make in Sao Tome and Principe?

A Parking Inspector working in Sao Tome and Principe will typically earn around 29,641,500 STN per year, and this can range from the lowest average salary of about 13,679,300 STN to the highest average salary of 47,158,400 STN.

Average Annual Salary
29,641,500 STN
Average Monthly Salary
2,470,125 STN

Lowest Annual Salary
13,679,300 STN
Lowest Monthly Salary
1,139,941 STN

Highest Annual Salary
47,158,400 STN
Highest Monthly Salary
3,929,866 STN

These are average salaries for a Parking Inspector in Sao Tome and Principe and include benefits such as housing and transport. It's also possible for a Parking Inspector to earn more or less than the average salaries shown above.

Parking Inspector 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 Parking Inspector Salaries in Sao Tome and Principe

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

Salary ranges

We already know that a Parking Inspector can earn between 13,679,300 STN and 47,158,400 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 Parking Inspector in Sao Tome and Principe is 32,038,500 STN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 32,038,500 STN, and 50% of the population earn more than 32,038,500 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 Parking Inspector salary in Sao Tome and Principe, 25% of the population are earning less than 20,518,900 STN while 75% of the population earn more than 20,518,900 STN.

75% of the population earn less than 42,839,200 STN, and 25% of the population earn more than 42,839,200 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.

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.

Parking Inspector 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 parking inspector 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 Parking Inspector in Sao Tome and Principe that has less than two years of experience can expect to earn somewhere in the region of 15,480,300 STN.
  • 2 - 5 Years Experience. With two to five years of experience the average Parking Inspector salary would increase to 20,760,500 STN.
  • 5 - 10 Years Experience. From five to ten years of experience as a Parking Inspector, the average salary would be 30,600,900 STN.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 37,318,700 STN.
  • 15 - 20 Years Experience. A Parking Inspector with 15 to 20 years of experience can earn an average of 40,679,700 STN.
  • 20+ Years Experience. For a Parking Inspector with more than 20 years, the expected average salary increases to 44,040,700 STN.

Average Salary by Experience Chart

0-2 Years
15,480,300 STN
2-5 Years +34%
20,760,500 STN
5-10 Years +48%
30,600,900 STN
10-15 Years +22%
37,318,700 STN
15-20 Years +9%
40,679,700 STN
20+ Years +8%
44,040,700 STN

Parking Inspector 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 Parking Inspector 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 Parking Inspector in Sao Tome and Principe with a high school education can earn an average salary of 17,640,500 STN.

  • Certificate or Diploma. A Parking Inspector in Sao Tome and Principe with a certificate or diploma education can earn an average salary of 27,721,300 STN.

  • Bachelor's Degree. A Parking Inspector in Sao Tome and Principe with a bachelor's degree education can earn an average salary of 46,560,900 STN.

Average Salary by Education Chart

High School
17,640,500 STN
Certificate or Diploma +57%
27,721,300 STN
Bachelor's Degree +68%
46,560,900 STN

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 Sao Tome and Principe is around 34,900,000 to 105,000,000 STN 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.

Parking Inspector 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 parking inspector will earn an average of 32,280,500 STN, while a female parking inspector will earn around 27,118,300 STN.

This means that a male parking inspector earns approximately 19% more than a female parking inspector for performing the same job.

Average Salary by Gender Chart in Sao Tome and Principe

Male
32,280,500 STN
Female -19%
27,118,300 STN

Parking Inspector 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 Parking Inspector in Sao Tome and Principe is around 5% every 30 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 = ( 5 ÷ 30 ) × 12  = 2%

What this means is that a Parking Inspector in Sao Tome and Principe can expect to receive an average pay raise of around 2% 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.

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

Parking Inspector 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 Parking Inspector is a low bonus based job, with 15% of employees reporting at least one bonus in the last 12 months.

85% 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
15%
No Bonus
85%

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 Sao Tome and Principe earn approximately 11% more than private sector employees in the same role.

Public Sector
87,240,100 STN
Private Sector -11%
78,838,900 STN

Salaries for Jobs Similar to a Parking Inspector

In the table below, we have salary information for jobs that are similar to a Parking Inspector in Sao Tome and Principe.

Job Title Category Salary
Bus Driver Courier / Delivery / Transport / Drivers 24,958,800 STN
Car Driver Courier / Delivery / Transport / Drivers 23,759,100 STN
CDL Driver Courier / Delivery / Transport / Drivers 29,399,100 STN
CDL Truck Driver Courier / Delivery / Transport / Drivers 30,001,600 STN
Chauffeur Courier / Delivery / Transport / Drivers 29,399,100 STN
Courier Coordinator Courier / Delivery / Transport / Drivers 39,960,800 STN
Courier Sales Manager Courier / Delivery / Transport / Drivers 62,400,200 STN
Deck Officer Courier / Delivery / Transport / Drivers 25,321,400 STN
Delivery Driver Courier / Delivery / Transport / Drivers 21,841,900 STN
Delivery Specialist Courier / Delivery / Transport / Drivers 31,201,500 STN
Delivery Supervisor Courier / Delivery / Transport / Drivers 33,119,100 STN
Dispatcher Courier / Delivery / Transport / Drivers 22,441,700 STN
Driver Courier / Delivery / Transport / Drivers 24,718,600 STN
Driving Instructor Courier / Delivery / Transport / Drivers 31,800,300 STN
Goods Receiving Expediter Courier / Delivery / Transport / Drivers 25,079,200 STN
Limousine Driver Courier / Delivery / Transport / Drivers 30,360,800 STN
School Bus Driver Courier / Delivery / Transport / Drivers 27,601,100 STN
Shuttle Driver Courier / Delivery / Transport / Drivers 24,599,500 STN
Taxi Driver Courier / Delivery / Transport / Drivers 24,958,800 STN
Third Officer Courier / Delivery / Transport / Drivers 24,000,900 STN
Train Driver Courier / Delivery / Transport / Drivers 26,520,600 STN
Tram Driver Courier / Delivery / Transport / Drivers 25,801,200 STN
Transport Officer Courier / Delivery / Transport / Drivers 24,478,500 STN
Transportation and Shipping Supervisor Courier / Delivery / Transport / Drivers 36,121,000 STN
Transportation Manager Courier / Delivery / Transport / Drivers 95,399,800 STN
Truck Driver Courier / Delivery / Transport / Drivers 24,239,000 STN

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