Average Pharmaceutical Manager Salary in Gambia for 2024

In this article, we will look at the average Pharmaceutical Manager 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 Pharmaceutical Manager Make in Gambia?

A Pharmaceutical Manager working in Gambia will typically earn around 420,100 GMD per year, and this can range from the lowest average salary of about 214,000 GMD to the highest average salary of 646,600 GMD.

Average Annual Salary
420,100 GMD
Average Monthly Salary
35,008 GMD

Lowest Annual Salary
214,000 GMD
Lowest Monthly Salary
17,833 GMD

Highest Annual Salary
646,600 GMD
Highest Monthly Salary
53,883 GMD

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

Pharmaceutical Manager 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 Pharmaceutical Manager Salaries in Gambia

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

Salary ranges

We already know that a Pharmaceutical Manager can earn between 214,000 GMD and 646,600 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 Pharmaceutical Manager in Gambia is 414,000 GMD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 414,000 GMD, and 50% of the population earn more than 414,000 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 Pharmaceutical Manager salary in Gambia, 25% of the population are earning less than 283,400 GMD while 75% of the population earn more than 283,400 GMD.

75% of the population earn less than 518,900 GMD, and 25% of the population earn more than 518,900 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.

Pharmaceutical Manager 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 pharmaceutical manager 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 Pharmaceutical Manager in Gambia that has less than two years of experience can expect to earn somewhere in the region of 239,000 GMD.
  • 2 - 5 Years Experience. With two to five years of experience the average Pharmaceutical Manager salary would increase to 315,700 GMD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Pharmaceutical Manager, the average salary would be 442,200 GMD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 528,600 GMD.
  • 15 - 20 Years Experience. A Pharmaceutical Manager with 15 to 20 years of experience can earn an average of 573,500 GMD.
  • 20+ Years Experience. For a Pharmaceutical Manager with more than 20 years, the expected average salary increases to 619,000 GMD.

Average Salary by Experience Chart

0-2 Years
239,000 GMD
2-5 Years +31%
315,700 GMD
5-10 Years +40%
442,200 GMD
10-15 Years +20%
528,600 GMD
15-20 Years +9%
573,500 GMD
20+ Years +8%
619,000 GMD

Pharmaceutical Manager 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 Pharmaceutical Manager in Gambia based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. A Pharmaceutical Manager in Gambia with a bachelor's degree education can earn an average salary of 282,500 GMD.

  • Master's Degree. A Pharmaceutical Manager in Gambia with a master's degree education can earn an average salary of 420,800 GMD.

  • PhD. A Pharmaceutical Manager in Gambia with a phd education can earn an average salary of 615,000 GMD.

Average Salary by Education Chart

Bachelor's Degree
282,500 GMD
Master's Degree +49%
420,800 GMD
PhD +45%
615,000 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.

Pharmaceutical Manager 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 pharmaceutical manager will earn an average of 455,400 GMD, while a female pharmaceutical manager will earn around 388,100 GMD.

This means that a male pharmaceutical manager earns approximately 17% more than a female pharmaceutical manager for performing the same job.

Average Salary by Gender Chart in Gambia

Male
455,400 GMD
Female -17%
388,100 GMD

Pharmaceutical Manager 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 Pharmaceutical Manager in Gambia is around 8% every 31 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 = ( 8 ÷ 31 ) × 12  = 3%

What this means is that a Pharmaceutical Manager 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%

Pharmaceutical Manager 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 Pharmaceutical Manager is a moderate bonus based job, with 64% of employees reporting at least one bonus in the last 12 months.

36% 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 6% to 8%.

Received Bonus
64%
No Bonus
36%

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 Pharmaceutical Manager

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

Job Title Category Salary
Assistant Pharmacist Pharmaceutical and Biotechnology 151,800 GMD
Assistant Pharmacy Director Pharmaceutical and Biotechnology 301,700 GMD
Associate Medical Affairs Director Pharmaceutical and Biotechnology 388,100 GMD
Bioinformatics Scientist Pharmaceutical and Biotechnology 371,100 GMD
Bioinformatics Technician Pharmaceutical and Biotechnology 167,100 GMD
Biological Scientist Pharmaceutical and Biotechnology 382,600 GMD
Biological Technician Pharmaceutical and Biotechnology 159,500 GMD
Biomedical Engineer Pharmaceutical and Biotechnology 159,500 GMD
Biomedical Engineering Director Pharmaceutical and Biotechnology 307,400 GMD
Biostatistician Pharmaceutical and Biotechnology 240,500 GMD
Biotechnologist Pharmaceutical and Biotechnology 246,500 GMD
Biotechnology Lead Data Manager Pharmaceutical and Biotechnology 181,600 GMD
Chemical Process Technician Pharmaceutical and Biotechnology 172,200 GMD
Clinical Consultant Pharmaceutical and Biotechnology 238,900 GMD
Clinical Data Manager Pharmaceutical and Biotechnology 231,000 GMD
Clinical Data Specialist Pharmaceutical and Biotechnology 228,000 GMD
Clinical Informatics Specialist Pharmaceutical and Biotechnology 183,700 GMD
Clinical Operations Manager Pharmaceutical and Biotechnology 349,300 GMD
Clinical Pharmacist Pharmaceutical and Biotechnology 239,000 GMD
Clinical Pharmacy Specialist Pharmaceutical and Biotechnology 282,300 GMD
Clinical Programmer Pharmaceutical and Biotechnology 120,880 GMD
Clinical Project Manager Pharmaceutical and Biotechnology 228,000 GMD
Clinical Research Associate Pharmaceutical and Biotechnology 208,600 GMD
Clinical Research Manager Pharmaceutical and Biotechnology 325,800 GMD
Clinical Study Manager Pharmaceutical and Biotechnology 297,000 GMD
Compliance Specialist Pharmaceutical and Biotechnology 239,000 GMD
Cytology Laboratory Technologist Pharmaceutical and Biotechnology 185,100 GMD
Cytotechnologist Pharmaceutical and Biotechnology 200,000 GMD
GCP Auditor Pharmaceutical and Biotechnology 204,000 GMD
Hospital Pharmacy Technician Pharmaceutical and Biotechnology 180,300 GMD
Manufacturing Engineer Pharmaceutical and Biotechnology 207,700 GMD
Medical Affairs Director Pharmaceutical and Biotechnology 389,200 GMD
Medical Representative Pharmaceutical and Biotechnology 159,500 GMD
Medical Science Liaison Pharmaceutical and Biotechnology 265,000 GMD
Molecular and Cellular Biologist Pharmaceutical and Biotechnology 394,800 GMD
Nuclear Pharmacist Pharmaceutical and Biotechnology 251,500 GMD
Pharmaceutical Manufacturing Lead Pharmaceutical and Biotechnology 436,200 GMD
Pharmaceutical Operations Excellence Manager Pharmaceutical and Biotechnology 371,100 GMD
Pharmaceutical Process Engineer Pharmaceutical and Biotechnology 225,300 GMD
Pharmaceutical Production Assistant Manager Pharmaceutical and Biotechnology 267,100 GMD
Pharmaceutical Project Manager Pharmaceutical and Biotechnology 257,700 GMD
Pharmaceutical Quality Auditor Pharmaceutical and Biotechnology 265,000 GMD
Pharmaceutical Regulatory Affairs Assistant Pharmaceutical and Biotechnology 187,300 GMD
Pharmaceutical Regulatory Affairs Manager Pharmaceutical and Biotechnology 275,500 GMD
Pharmaceutical Regulatory Affairs Specialist Pharmaceutical and Biotechnology 218,900 GMD
Pharmaceutical Representative Pharmaceutical and Biotechnology 159,400 GMD
Pharmaceutical Research Associate Pharmaceutical and Biotechnology 246,500 GMD
Pharmaceutical Research Scientist Pharmaceutical and Biotechnology 345,700 GMD
Pharmaceutical Researcher Pharmaceutical and Biotechnology 362,200 GMD
Pharmaceutical Sales and Marketing Manager Pharmaceutical and Biotechnology 286,400 GMD
Pharmaceutical Sales Manager Pharmaceutical and Biotechnology 344,600 GMD
Pharmaceutical Sales Representative Pharmaceutical and Biotechnology 163,800 GMD
Pharmaceutical Supply Chain Manager Pharmaceutical and Biotechnology 369,300 GMD
Pharmaceutical Team Leader Pharmaceutical and Biotechnology 266,000 GMD
Pharmaceutical Technologist Pharmaceutical and Biotechnology 176,800 GMD
Pharmacist Pharmaceutical and Biotechnology 233,600 GMD
Pharmacy Aide Pharmaceutical and Biotechnology 152,100 GMD
Pharmacy Manager Pharmaceutical and Biotechnology 322,600 GMD
Pharmacy Stock Controller Pharmaceutical and Biotechnology 146,200 GMD
Pharmacy Technician Pharmaceutical and Biotechnology 138,800 GMD
Records Management Coordinator Pharmaceutical and Biotechnology 127,700 GMD
Shift Encapsulator Pharmaceutical and Biotechnology 150,000 GMD
Staff Pharmacist Pharmaceutical and Biotechnology 225,300 GMD

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