Average Procurement Associate Salary in Sao Tome and Principe for 2024

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

A Procurement Associate working in Sao Tome and Principe will typically earn around 72,718,100 STN per year, and this can range from the lowest average salary of about 34,198,600 STN to the highest average salary of 114,960,700 STN.

Average Annual Salary
72,718,100 STN
Average Monthly Salary
6,059,841 STN

Lowest Annual Salary
34,198,600 STN
Lowest Monthly Salary
2,849,883 STN

Highest Annual Salary
114,960,700 STN
Highest Monthly Salary
9,580,058 STN

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

Procurement Associate 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 Procurement Associate Salaries in Sao Tome and Principe

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

Salary ranges

We already know that a Procurement Associate can earn between 34,198,600 STN and 114,960,700 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 Procurement Associate in Sao Tome and Principe is 77,159,200 STN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 77,159,200 STN, and 50% of the population earn more than 77,159,200 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 Procurement Associate salary in Sao Tome and Principe, 25% of the population are earning less than 50,039,800 STN while 75% of the population earn more than 50,039,800 STN.

75% of the population earn less than 101,759,700 STN, and 25% of the population earn more than 101,759,700 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.

Procurement Associate 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 procurement associate 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 Procurement Associate in Sao Tome and Principe that has less than two years of experience can expect to earn somewhere in the region of 39,481,900 STN.
  • 2 - 5 Years Experience. With two to five years of experience the average Procurement Associate salary would increase to 54,358,300 STN.
  • 5 - 10 Years Experience. From five to ten years of experience as a Procurement Associate, the average salary would be 77,399,200 STN.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 94,321,200 STN.
  • 15 - 20 Years Experience. A Procurement Associate with 15 to 20 years of experience can earn an average of 99,601,100 STN.
  • 20+ Years Experience. For a Procurement Associate with more than 20 years, the expected average salary increases to 108,478,500 STN.

Average Salary by Experience Chart

0-2 Years
39,481,900 STN
2-5 Years +38%
54,358,300 STN
5-10 Years +42%
77,399,200 STN
10-15 Years +22%
94,321,200 STN
15-20 Years +6%
99,601,100 STN
20+ Years +9%
108,478,500 STN

Procurement Associate 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 Procurement Associate 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 Procurement Associate in Sao Tome and Principe with a high school education can earn an average salary of 47,158,400 STN.

  • Certificate or Diploma. A Procurement Associate in Sao Tome and Principe with a certificate or diploma education can earn an average salary of 71,280,900 STN.

  • Bachelor's Degree. A Procurement Associate in Sao Tome and Principe with a bachelor's degree education can earn an average salary of 106,921,000 STN.

Average Salary by Education Chart

High School
47,158,400 STN
Certificate or Diploma +51%
71,280,900 STN
Bachelor's Degree +50%
106,921,000 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.

Procurement Associate 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 procurement associate will earn an average of 78,121,700 STN, while a female procurement associate will earn around 68,518,700 STN.

This means that a male procurement associate earns approximately 14% more than a female procurement associate for performing the same job.

Average Salary by Gender Chart in Sao Tome and Principe

Male
78,121,700 STN
Female -14%
68,518,700 STN

Procurement Associate 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 Procurement Associate in Sao Tome and Principe is around 6% every 29 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 = ( 6 ÷ 29 ) × 12  = 2%

What this means is that a Procurement Associate 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%

Procurement Associate 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 Procurement Associate is a low bonus based job, with 40% of employees reporting at least one bonus in the last 12 months.

60% 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 2% to 7%.

Received Bonus
40%
No Bonus
60%

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 Procurement Associate

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

Job Title Category Salary
Asset Management Associate Purchasing and Inventory 67,200,800 STN
Asset Protection Associate Purchasing and Inventory 67,441,500 STN
Asset Protection Specialist Purchasing and Inventory 78,000,700 STN
Assistant Buyer Purchasing and Inventory 62,041,800 STN
Buyer Purchasing and Inventory 111,241,200 STN
Capacity Planner Purchasing and Inventory 79,558,700 STN
Category Leader Purchasing and Inventory 70,801,500 STN
Category Management Specialist Purchasing and Inventory 71,999,700 STN
Category Manager Purchasing and Inventory 82,198,700 STN
Channel Services Representative Purchasing and Inventory 73,558,300 STN
Contracts Manager Purchasing and Inventory 87,118,500 STN
Contracts Specialist Purchasing and Inventory 72,718,100 STN
Demand Planner Purchasing and Inventory 79,558,700 STN
Demand Planning Manager Purchasing and Inventory 93,601,400 STN
Distribution Assistant Purchasing and Inventory 64,920,700 STN
Distribution Associate Purchasing and Inventory 65,280,600 STN
Distribution Manager Purchasing and Inventory 138,000,600 STN
Inventory Analyst Purchasing and Inventory 72,361,800 STN
Inventory Control Clerk Purchasing and Inventory 37,441,100 STN
Inventory Control Manager Purchasing and Inventory 94,079,900 STN
Inventory Management Associate Purchasing and Inventory 75,479,500 STN
Inventory Specialist Purchasing and Inventory 68,039,500 STN
Logistics Engineer Purchasing and Inventory 63,719,600 STN
Master Planner Purchasing and Inventory 70,079,900 STN
Material Handler Purchasing and Inventory 43,198,900 STN
Material Planning Specialist Purchasing and Inventory 60,361,600 STN
Merchandise Manager Purchasing and Inventory 81,359,100 STN
Procurement Administrator Purchasing and Inventory 87,600,700 STN
Procurement Agent Purchasing and Inventory 54,118,500 STN
Procurement Analyst Purchasing and Inventory 91,801,600 STN
Procurement Assistant Purchasing and Inventory 53,521,300 STN
Procurement Clerk Purchasing and Inventory 35,279,300 STN
Procurement Engineer Purchasing and Inventory 67,200,800 STN
Procurement Manager Purchasing and Inventory 136,800,100 STN
Procurement Officer Purchasing and Inventory 35,521,100 STN
Procurement Process Analyst Purchasing and Inventory 86,519,600 STN
Procurement Specialist Purchasing and Inventory 68,639,200 STN
Production Planner Purchasing and Inventory 80,398,400 STN
Project Buyer Purchasing and Inventory 89,160,700 STN
Purchaser Purchasing and Inventory 110,158,800 STN
Purchasing Agent Purchasing and Inventory 59,398,900 STN
Purchasing Assistant Purchasing and Inventory 36,841,600 STN
Purchasing Manager Purchasing and Inventory 139,199,500 STN
Purchasing Officer Purchasing and Inventory 66,961,300 STN
Purchasing Supervisor Purchasing and Inventory 96,959,900 STN
Shipping and Receiving Clerk Purchasing and Inventory 33,721,200 STN
Shipping Coordinator Purchasing and Inventory 65,998,100 STN
Stock Clerk Purchasing and Inventory 39,358,400 STN
Stock Regulator Purchasing and Inventory 43,680,700 STN
Storage Manager Purchasing and Inventory 89,160,700 STN
Store Keeper Purchasing and Inventory 37,441,100 STN
Stores and Logistics Coordinator Purchasing and Inventory 72,481,900 STN
Supply Chain Analyst Purchasing and Inventory 101,038,700 STN
Supply Chain Coordinator Purchasing and Inventory 78,241,300 STN
Supply Chain Development Manager Purchasing and Inventory 133,198,700 STN
Supply Chain Director Purchasing and Inventory 149,999,200 STN
Supply Chain Manager Purchasing and Inventory 148,800,300 STN
Supply Planner Purchasing and Inventory 72,840,900 STN
Warehouse Assistant Purchasing and Inventory 29,641,500 STN
Warehouse Clerk Purchasing and Inventory 31,201,500 STN
Warehouse Executive Purchasing and Inventory 122,398,700 STN
Warehouse Lead Purchasing and Inventory 84,001,900 STN
Warehouse Manager Purchasing and Inventory 123,599,800 STN
Warehouse Supervisor Purchasing and Inventory 87,118,500 STN
Wholesale Buyer Purchasing and Inventory 104,758,300 STN

Link To or Reference This Page

We spend a lot of time collecting, cleaning, merging, and formatting the data that is shown on the site to be as useful to you as possible.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference World Salaries as the source. We appreciate your support!

  • "Average Procurement Associate Salary in Sao Tome and Principe for 2024". World Salaries. Accessed on March 28, 2024. https://worldsalaries.com/average-procurement-associate-salary-in-sao-tome-and-principe/.

  • "Average Procurement Associate Salary in Sao Tome and Principe for 2024". World Salaries, https://worldsalaries.com/average-procurement-associate-salary-in-sao-tome-and-principe/. Accessed 28 March, 2024

  • Average Procurement Associate Salary in Sao Tome and Principe for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-procurement-associate-salary-in-sao-tome-and-principe/.