Average Pharmaceutical Regulatory Affairs Specialist Salary in Equatorial Guinea for 2024

In this article, we will look at the average Pharmaceutical Regulatory Affairs Specialist salary for 2024 in Equatorial Guinea 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 Central African CFA franc. To keep things simple, we are using the XAF currency code instead of the currency symbol Fr.

How Much Does a Pharmaceutical Regulatory Affairs Specialist Make in Equatorial Guinea?

A Pharmaceutical Regulatory Affairs Specialist working in Equatorial Guinea will typically earn around 6,300,400 XAF per year, and this can range from the lowest average salary of about 3,085,500 XAF to the highest average salary of 9,828,800 XAF.

Average Annual Salary
6,300,400 XAF
Average Monthly Salary
525,033 XAF

Lowest Annual Salary
3,085,500 XAF
Lowest Monthly Salary
257,125 XAF

Highest Annual Salary
9,828,800 XAF
Highest Monthly Salary
819,066 XAF

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

Pharmaceutical Regulatory Affairs Specialist 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 Regulatory Affairs Specialist Salaries in Equatorial Guinea

So we've looked at the average salaries a Pharmaceutical Regulatory Affairs Specialist will earn in Equatorial Guinea. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Pharmaceutical Regulatory Affairs Specialist can earn between 3,085,500 XAF and 9,828,800 XAF on average in Equatorial Guinea. 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 Regulatory Affairs Specialist in Equatorial Guinea is 6,420,700 XAF. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 6,420,700 XAF, and 50% of the population earn more than 6,420,700 XAF.

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 Regulatory Affairs Specialist salary in Equatorial Guinea, 25% of the population are earning less than 4,282,500 XAF while 75% of the population earn more than 4,282,500 XAF.

75% of the population earn less than 8,290,700 XAF, and 25% of the population earn more than 8,290,700 XAF.

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 Regulatory Affairs Specialist Salary by Experience Level in Equatorial Guinea

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 regulatory affairs specialist 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 Regulatory Affairs Specialist in Equatorial Guinea that has less than two years of experience can expect to earn somewhere in the region of 3,659,400 XAF.
  • 2 - 5 Years Experience. With two to five years of experience the average Pharmaceutical Regulatory Affairs Specialist salary would increase to 4,703,900 XAF.
  • 5 - 10 Years Experience. From five to ten years of experience as a Pharmaceutical Regulatory Affairs Specialist, the average salary would be 6,493,000 XAF.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 8,038,700 XAF.
  • 15 - 20 Years Experience. A Pharmaceutical Regulatory Affairs Specialist with 15 to 20 years of experience can earn an average of 8,614,300 XAF.
  • 20+ Years Experience. For a Pharmaceutical Regulatory Affairs Specialist with more than 20 years, the expected average salary increases to 9,179,000 XAF.

Average Salary by Experience Chart

0-2 Years
3,659,400 XAF
2-5 Years +29%
4,703,900 XAF
5-10 Years +38%
6,493,000 XAF
10-15 Years +24%
8,038,700 XAF
15-20 Years +7%
8,614,300 XAF
20+ Years +7%
9,179,000 XAF

Pharmaceutical Regulatory Affairs Specialist Salary by Education Level in Equatorial Guinea

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 Regulatory Affairs Specialist in Equatorial Guinea 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 Regulatory Affairs Specialist in Equatorial Guinea with a bachelor's degree education can earn an average salary of 4,570,300 XAF.

  • Master's Degree. A Pharmaceutical Regulatory Affairs Specialist in Equatorial Guinea with a master's degree education can earn an average salary of 7,331,800 XAF.

Average Salary by Education Chart

Bachelor's Degree
4,570,300 XAF
Master's Degree +60%
7,331,800 XAF

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 Equatorial Guinea is around 2,390,000 to 7,170,000 XAF 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 Regulatory Affairs Specialist 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 Equatorial Guinea, a male pharmaceutical regulatory affairs specialist will earn an average of 6,577,500 XAF, while a female pharmaceutical regulatory affairs specialist will earn around 5,880,300 XAF.

This means that a male pharmaceutical regulatory affairs specialist earns approximately 12% more than a female pharmaceutical regulatory affairs specialist for performing the same job.

Average Salary by Gender Chart in Equatorial Guinea

Male
6,577,500 XAF
Female -12%
5,880,300 XAF

Pharmaceutical Regulatory Affairs Specialist Average Pay Raise in Equatorial Guinea

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 Regulatory Affairs Specialist in Equatorial Guinea is around 7% every 28 months.

The national average pay raise across all professions and industries in Equatorial Guinea 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 = ( 7 ÷ 28 ) × 12  = 3%

What this means is that a Pharmaceutical Regulatory Affairs Specialist in Equatorial Guinea can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Equatorial Guinea for 2024

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

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

Banking
3%
Energy
6%
Information Technology
9%
Healthcare
3%
Travel
6%
Construction
9%
Education
3%

Pharmaceutical Regulatory Affairs Specialist Bonus and Incentive Rates in Equatorial Guinea

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 Regulatory Affairs Specialist is a low bonus based job, with 38% of employees reporting at least one bonus in the last 12 months.

62% 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
38%
No Bonus
62%

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 Equatorial Guinea earn approximately 14% more than private sector employees in the same role.

Public Sector
6,193,900 XAF
Private Sector -14%
5,447,200 XAF

Salaries for Jobs Similar to a Pharmaceutical Regulatory Affairs Specialist

In the table below, we have salary information for jobs that are similar to a Pharmaceutical Regulatory Affairs Specialist in Equatorial Guinea.

Job Title Category Salary
Assistant Pharmacist Pharmaceutical and Biotechnology 4,633,100 XAF
Assistant Pharmacy Director Pharmaceutical and Biotechnology 8,785,800 XAF
Associate Medical Affairs Director Pharmaceutical and Biotechnology 12,721,300 XAF
Bioinformatics Scientist Pharmaceutical and Biotechnology 10,861,800 XAF
Bioinformatics Technician Pharmaceutical and Biotechnology 4,834,900 XAF
Biological Scientist Pharmaceutical and Biotechnology 12,121,000 XAF
Biological Technician Pharmaceutical and Biotechnology 5,003,800 XAF
Biomedical Engineer Pharmaceutical and Biotechnology 4,585,100 XAF
Biomedical Engineering Director Pharmaceutical and Biotechnology 9,504,500 XAF
Biostatistician Pharmaceutical and Biotechnology 7,428,600 XAF
Biotechnologist Pharmaceutical and Biotechnology 7,030,600 XAF
Biotechnology Lead Data Manager Pharmaceutical and Biotechnology 6,011,900 XAF
Chemical Process Technician Pharmaceutical and Biotechnology 5,305,100 XAF
Clinical Consultant Pharmaceutical and Biotechnology 7,369,700 XAF
Clinical Data Manager Pharmaceutical and Biotechnology 6,971,100 XAF
Clinical Data Specialist Pharmaceutical and Biotechnology 6,850,500 XAF
Clinical Informatics Specialist Pharmaceutical and Biotechnology 5,651,400 XAF
Clinical Operations Manager Pharmaceutical and Biotechnology 10,801,300 XAF
Clinical Pharmacist Pharmaceutical and Biotechnology 7,081,500 XAF
Clinical Pharmacy Specialist Pharmaceutical and Biotechnology 9,010,800 XAF
Clinical Programmer Pharmaceutical and Biotechnology 3,622,400 XAF
Clinical Project Manager Pharmaceutical and Biotechnology 6,850,500 XAF
Clinical Research Associate Pharmaceutical and Biotechnology 6,073,300 XAF
Clinical Research Manager Pharmaceutical and Biotechnology 10,450,100 XAF
Clinical Study Manager Pharmaceutical and Biotechnology 8,689,800 XAF
Compliance Specialist Pharmaceutical and Biotechnology 7,369,700 XAF
Cytology Laboratory Technologist Pharmaceutical and Biotechnology 6,096,900 XAF
Cytotechnologist Pharmaceutical and Biotechnology 5,890,200 XAF
GCP Auditor Pharmaceutical and Biotechnology 6,407,600 XAF
Hospital Pharmacy Technician Pharmaceutical and Biotechnology 5,639,700 XAF
Manufacturing Engineer Pharmaceutical and Biotechnology 5,818,100 XAF
Medical Affairs Director Pharmaceutical and Biotechnology 11,113,100 XAF
Medical Representative Pharmaceutical and Biotechnology 4,931,400 XAF
Medical Science Liaison Pharmaceutical and Biotechnology 8,051,500 XAF
Molecular and Cellular Biologist Pharmaceutical and Biotechnology 11,518,700 XAF
Nuclear Pharmacist Pharmaceutical and Biotechnology 7,642,900 XAF
Pharmaceutical Manager Pharmaceutical and Biotechnology 12,721,300 XAF
Pharmaceutical Manufacturing Lead Pharmaceutical and Biotechnology 13,079,500 XAF
Pharmaceutical Operations Excellence Manager Pharmaceutical and Biotechnology 11,833,900 XAF
Pharmaceutical Process Engineer Pharmaceutical and Biotechnology 6,360,600 XAF
Pharmaceutical Production Assistant Manager Pharmaceutical and Biotechnology 8,051,500 XAF
Pharmaceutical Project Manager Pharmaceutical and Biotechnology 7,285,700 XAF
Pharmaceutical Quality Auditor Pharmaceutical and Biotechnology 7,967,200 XAF
Pharmaceutical Regulatory Affairs Assistant Pharmaceutical and Biotechnology 5,806,300 XAF
Pharmaceutical Regulatory Affairs Manager Pharmaceutical and Biotechnology 8,471,700 XAF
Pharmaceutical Representative Pharmaceutical and Biotechnology 5,076,600 XAF
Pharmaceutical Research Associate Pharmaceutical and Biotechnology 7,030,600 XAF
Pharmaceutical Research Scientist Pharmaceutical and Biotechnology 10,378,100 XAF
Pharmaceutical Researcher Pharmaceutical and Biotechnology 10,943,000 XAF
Pharmaceutical Sales and Marketing Manager Pharmaceutical and Biotechnology 8,638,900 XAF
Pharmaceutical Sales Manager Pharmaceutical and Biotechnology 10,630,600 XAF
Pharmaceutical Sales Representative Pharmaceutical and Biotechnology 4,908,200 XAF
Pharmaceutical Supply Chain Manager Pharmaceutical and Biotechnology 11,389,900 XAF
Pharmaceutical Team Leader Pharmaceutical and Biotechnology 7,655,900 XAF
Pharmaceutical Technologist Pharmaceutical and Biotechnology 5,545,500 XAF
Pharmacist Pharmaceutical and Biotechnology 7,057,300 XAF
Pharmacy Aide Pharmaceutical and Biotechnology 4,570,300 XAF
Pharmacy Manager Pharmaceutical and Biotechnology 9,610,800 XAF
Pharmacy Stock Controller Pharmaceutical and Biotechnology 4,439,200 XAF
Pharmacy Technician Pharmaceutical and Biotechnology 4,224,200 XAF
Records Management Coordinator Pharmaceutical and Biotechnology 4,019,900 XAF
Shift Encapsulator Pharmaceutical and Biotechnology 4,224,200 XAF
Staff Pharmacist Pharmaceutical and Biotechnology 7,453,000 XAF

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