Average Pharmaceutical Regulatory Affairs Specialist Salary in Libya for 2024

In this article, we will look at the average Pharmaceutical Regulatory Affairs Specialist salary for 2024 in Libya 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 Libyan dinar. To keep things simple, we are using the LYD currency code instead of the currency symbol ู„.ุฏ.

How Much Does a Pharmaceutical Regulatory Affairs Specialist Make in Libya?

A Pharmaceutical Regulatory Affairs Specialist working in Libya will typically earn around 31,940 LYD per year, and this can range from the lowest average salary of about 15,380 LYD to the highest average salary of 47,760 LYD.

Average Annual Salary
31,940 LYD
Average Monthly Salary
2,661 LYD

Lowest Annual Salary
15,380 LYD
Lowest Monthly Salary
1,281 LYD

Highest Annual Salary
47,760 LYD
Highest Monthly Salary
3,980 LYD

These are average salaries for a Pharmaceutical Regulatory Affairs Specialist in Libya 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 Libya

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

Salary ranges

We already know that a Pharmaceutical Regulatory Affairs Specialist can earn between 15,380 LYD and 47,760 LYD on average in Libya. 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 Libya is 29,840 LYD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 29,840 LYD, and 50% of the population earn more than 29,840 LYD.

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 Libya, 25% of the population are earning less than 19,380 LYD while 75% of the population earn more than 19,380 LYD.

75% of the population earn less than 35,340 LYD, and 25% of the population earn more than 35,340 LYD.

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 Libya

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 Libya that has less than two years of experience can expect to earn somewhere in the region of 19,020 LYD.
  • 2 - 5 Years Experience. With two to five years of experience the average Pharmaceutical Regulatory Affairs Specialist salary would increase to 23,080 LYD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Pharmaceutical Regulatory Affairs Specialist, the average salary would be 32,960 LYD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 36,020 LYD.
  • 15 - 20 Years Experience. A Pharmaceutical Regulatory Affairs Specialist with 15 to 20 years of experience can earn an average of 40,600 LYD.
  • 20+ Years Experience. For a Pharmaceutical Regulatory Affairs Specialist with more than 20 years, the expected average salary increases to 44,540 LYD.

Average Salary by Experience Chart

0-2 Years
19,020 LYD
2-5 Years +26%
23,080 LYD
5-10 Years +32%
32,960 LYD
10-15 Years +18%
36,020 LYD
15-20 Years +11%
40,600 LYD
20+ Years +6%
44,540 LYD

Pharmaceutical Regulatory Affairs Specialist Salary by Education Level in Libya

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 Libya 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 Libya with a bachelor's degree education can earn an average salary of 25,680 LYD.

  • Master's Degree. A Pharmaceutical Regulatory Affairs Specialist in Libya with a master's degree education can earn an average salary of 38,060 LYD.

Average Salary by Education Chart

Bachelor's Degree
25,680 LYD
Master's Degree +53%
38,060 LYD

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 Libya is around 11,400 to 34,300 LYD 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 Libya, a male pharmaceutical regulatory affairs specialist will earn an average of 33,440 LYD, while a female pharmaceutical regulatory affairs specialist will earn around 30,840 LYD.

This means that a male pharmaceutical regulatory affairs specialist earns approximately 8% more than a female pharmaceutical regulatory affairs specialist for performing the same job.

Average Salary by Gender Chart in Libya

Male
33,440 LYD
Female -8%
30,840 LYD

Pharmaceutical Regulatory Affairs Specialist Average Pay Raise in Libya

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 Libya is around 8% every 28 months.

The national average pay raise across all professions and industries in Libya 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 = ( 8 ÷ 28 ) × 12  = 3%

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

Annual Pay Raise by Industry in Libya for 2024

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

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

Banking
5%
Energy
1%
Information Technology
6%
Healthcare
2%
Travel
7%
Construction
3%
Education
8%

Pharmaceutical Regulatory Affairs Specialist Bonus and Incentive Rates in Libya

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 34% of employees reporting at least one bonus in the last 12 months.

66% 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 4% to 5%.

Received Bonus
34%
No Bonus
66%

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 Libya earn approximately 5% more than private sector employees in the same role.

Public Sector
28,720 LYD
Private Sector -5%
27,300 LYD

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 Libya.

Job Title Category Salary
Assistant Pharmacist Pharmaceutical and Biotechnology 21,300 LYD
Assistant Pharmacy Director Pharmaceutical and Biotechnology 44,780 LYD
Associate Medical Affairs Director Pharmaceutical and Biotechnology 61,460 LYD
Bioinformatics Scientist Pharmaceutical and Biotechnology 52,880 LYD
Bioinformatics Technician Pharmaceutical and Biotechnology 27,380 LYD
Biological Scientist Pharmaceutical and Biotechnology 60,920 LYD
Biological Technician Pharmaceutical and Biotechnology 23,140 LYD
Biomedical Engineer Pharmaceutical and Biotechnology 21,980 LYD
Biomedical Engineering Director Pharmaceutical and Biotechnology 46,720 LYD
Biostatistician Pharmaceutical and Biotechnology 35,420 LYD
Biotechnologist Pharmaceutical and Biotechnology 35,300 LYD
Biotechnology Lead Data Manager Pharmaceutical and Biotechnology 32,020 LYD
Chemical Process Technician Pharmaceutical and Biotechnology 25,940 LYD
Clinical Consultant Pharmaceutical and Biotechnology 39,640 LYD
Clinical Data Manager Pharmaceutical and Biotechnology 36,580 LYD
Clinical Data Specialist Pharmaceutical and Biotechnology 35,300 LYD
Clinical Informatics Specialist Pharmaceutical and Biotechnology 26,280 LYD
Clinical Operations Manager Pharmaceutical and Biotechnology 52,540 LYD
Clinical Pharmacist Pharmaceutical and Biotechnology 35,340 LYD
Clinical Pharmacy Specialist Pharmaceutical and Biotechnology 43,520 LYD
Clinical Programmer Pharmaceutical and Biotechnology 19,020 LYD
Clinical Project Manager Pharmaceutical and Biotechnology 35,300 LYD
Clinical Research Associate Pharmaceutical and Biotechnology 32,620 LYD
Clinical Research Manager Pharmaceutical and Biotechnology 51,340 LYD
Clinical Study Manager Pharmaceutical and Biotechnology 42,960 LYD
Compliance Specialist Pharmaceutical and Biotechnology 37,740 LYD
Cytology Laboratory Technologist Pharmaceutical and Biotechnology 28,860 LYD
Cytotechnologist Pharmaceutical and Biotechnology 31,660 LYD
GCP Auditor Pharmaceutical and Biotechnology 31,180 LYD
Hospital Pharmacy Technician Pharmaceutical and Biotechnology 25,440 LYD
Manufacturing Engineer Pharmaceutical and Biotechnology 30,840 LYD
Medical Affairs Director Pharmaceutical and Biotechnology 52,880 LYD
Medical Representative Pharmaceutical and Biotechnology 23,080 LYD
Medical Science Liaison Pharmaceutical and Biotechnology 42,040 LYD
Molecular and Cellular Biologist Pharmaceutical and Biotechnology 60,160 LYD
Nuclear Pharmacist Pharmaceutical and Biotechnology 35,260 LYD
Pharmaceutical Manager Pharmaceutical and Biotechnology 64,200 LYD
Pharmaceutical Manufacturing Lead Pharmaceutical and Biotechnology 66,960 LYD
Pharmaceutical Operations Excellence Manager Pharmaceutical and Biotechnology 58,520 LYD
Pharmaceutical Process Engineer Pharmaceutical and Biotechnology 31,520 LYD
Pharmaceutical Production Assistant Manager Pharmaceutical and Biotechnology 39,800 LYD
Pharmaceutical Project Manager Pharmaceutical and Biotechnology 35,420 LYD
Pharmaceutical Quality Auditor Pharmaceutical and Biotechnology 36,720 LYD
Pharmaceutical Regulatory Affairs Assistant Pharmaceutical and Biotechnology 26,860 LYD
Pharmaceutical Regulatory Affairs Manager Pharmaceutical and Biotechnology 39,560 LYD
Pharmaceutical Representative Pharmaceutical and Biotechnology 26,020 LYD
Pharmaceutical Research Associate Pharmaceutical and Biotechnology 35,300 LYD
Pharmaceutical Research Scientist Pharmaceutical and Biotechnology 52,180 LYD
Pharmaceutical Researcher Pharmaceutical and Biotechnology 53,380 LYD
Pharmaceutical Sales and Marketing Manager Pharmaceutical and Biotechnology 43,360 LYD
Pharmaceutical Sales Manager Pharmaceutical and Biotechnology 52,380 LYD
Pharmaceutical Sales Representative Pharmaceutical and Biotechnology 23,700 LYD
Pharmaceutical Supply Chain Manager Pharmaceutical and Biotechnology 57,320 LYD
Pharmaceutical Team Leader Pharmaceutical and Biotechnology 38,780 LYD
Pharmaceutical Technologist Pharmaceutical and Biotechnology 26,860 LYD
Pharmacist Pharmaceutical and Biotechnology 34,120 LYD
Pharmacy Aide Pharmaceutical and Biotechnology 23,140 LYD
Pharmacy Manager Pharmaceutical and Biotechnology 50,660 LYD
Pharmacy Stock Controller Pharmaceutical and Biotechnology 21,380 LYD
Pharmacy Technician Pharmaceutical and Biotechnology 21,400 LYD
Records Management Coordinator Pharmaceutical and Biotechnology 20,500 LYD
Shift Encapsulator Pharmaceutical and Biotechnology 23,400 LYD
Staff Pharmacist Pharmaceutical and Biotechnology 37,740 LYD

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