Average Sales Director Salary in Guyana for 2024

In this article, we will look at the average Sales Director salary for 2024 in Guyana 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 Guyanese dollar. To keep things simple, we are using the GYD currency code instead of the currency symbol $.

How Much Does a Sales Director Make in Guyana?

A Sales Director working in Guyana will typically earn around 3,277,900 GYD per year, and this can range from the lowest average salary of about 1,703,200 GYD to the highest average salary of 5,003,800 GYD.

Average Annual Salary
3,277,900 GYD
Average Monthly Salary
273,158 GYD

Lowest Annual Salary
1,703,200 GYD
Lowest Monthly Salary
141,933 GYD

Highest Annual Salary
5,003,800 GYD
Highest Monthly Salary
416,983 GYD

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

Sales Director 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 Sales Director Salaries in Guyana

So we've looked at the average salaries a Sales Director will earn in Guyana. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Sales Director can earn between 1,703,200 GYD and 5,003,800 GYD on average in Guyana. 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 Sales Director in Guyana is 3,144,700 GYD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 3,144,700 GYD, and 50% of the population earn more than 3,144,700 GYD.

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 Sales Director salary in Guyana, 25% of the population are earning less than 2,184,900 GYD while 75% of the population earn more than 2,184,900 GYD.

75% of the population earn less than 3,912,600 GYD, and 25% of the population earn more than 3,912,600 GYD.

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.

Sales Director Salary by Experience Level in Guyana

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 sales director 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 Sales Director in Guyana that has less than two years of experience can expect to earn somewhere in the region of 1,930,500 GYD.
  • 2 - 5 Years Experience. With two to five years of experience the average Sales Director salary would increase to 2,593,900 GYD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Sales Director, the average salary would be 3,373,200 GYD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 4,079,300 GYD.
  • 15 - 20 Years Experience. A Sales Director with 15 to 20 years of experience can earn an average of 4,465,800 GYD.
  • 20+ Years Experience. For a Sales Director with more than 20 years, the expected average salary increases to 4,690,500 GYD.

Average Salary by Experience Chart

0-2 Years
1,930,500 GYD
2-5 Years +34%
2,593,900 GYD
5-10 Years +30%
3,373,200 GYD
10-15 Years +21%
4,079,300 GYD
15-20 Years +9%
4,465,800 GYD
20+ Years +5%
4,690,500 GYD

Sales Director Salary by Education Level in Guyana

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 Sales Director in Guyana based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Certificate or Diploma. A Sales Director in Guyana with a certificate or diploma education can earn an average salary of 2,290,300 GYD.

  • Bachelor's Degree. A Sales Director in Guyana with a bachelor's degree education can earn an average salary of 3,481,100 GYD.

  • Master's Degree. A Sales Director in Guyana with a master's degree education can earn an average salary of 4,943,500 GYD.

Average Salary by Education Chart

Certificate or Diploma
2,290,300 GYD
Bachelor's Degree +52%
3,481,100 GYD
Master's Degree +42%
4,943,500 GYD

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 Guyana is around 876,000 to 2,630,000 GYD 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.

Sales Director 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 Guyana, a male sales director will earn an average of 3,421,600 GYD, while a female sales director will earn around 3,168,300 GYD.

This means that a male sales director earns approximately 8% more than a female sales director for performing the same job.

Average Salary by Gender Chart in Guyana

Male
3,421,600 GYD
Female -8%
3,168,300 GYD

Sales Director Average Pay Raise in Guyana

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 Sales Director in Guyana is around 8% every 30 months.

The national average pay raise across all professions and industries in Guyana 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 ÷ 30 ) × 12  = 3%

What this means is that a Sales Director in Guyana can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Guyana for 2024

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

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%

Sales Director Bonus and Incentive Rates in Guyana

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 Sales Director is a moderate bonus based job, with 61% of employees reporting at least one bonus in the last 12 months.

39% 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
61%
No Bonus
39%

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

Public Sector
2,266,400 GYD
Private Sector -14%
1,990,300 GYD

Salaries for Jobs Similar to a Sales Director

In the table below, we have salary information for jobs that are similar to a Sales Director in Guyana.

Job Title Category Salary
Account Handler Marketing 1,693,600 GYD
Affiliate Manager Marketing 2,136,200 GYD
Analytics Specialist Marketing 1,583,700 GYD
Assistant Brand Manager Marketing 2,161,200 GYD
Assistant Product Manager Marketing 2,423,000 GYD
Associate Marketing Manager Marketing 2,485,800 GYD
Associate Product Manager Marketing 2,641,300 GYD
Brand Ambassador Marketing 2,998,500 GYD
Brand Director Marketing 3,769,500 GYD
Brand Executive Marketing 3,299,800 GYD
Brand Manager Marketing 3,288,400 GYD
Business Analytics Specialist Marketing 1,560,800 GYD
Business Channel Manager Marketing 2,254,400 GYD
Business Intelligence Team Leader Marketing 2,352,500 GYD
Campaign Specialist Marketing 2,065,400 GYD
Chief Marketing Officer Marketing 3,685,200 GYD
Chief Product Officer Marketing 3,168,300 GYD
Communications Officer Marketing 1,114,700 GYD
Content Manager Marketing 1,882,700 GYD
Content Marketing Strategist Marketing 2,110,600 GYD
Copy Editer Marketing 1,320,500 GYD
Copy Writer Marketing 1,320,500 GYD
Creative Marketing Lead Marketing 2,146,100 GYD
Creative Writer Marketing 1,320,500 GYD
Digital Marketer Marketing 2,065,400 GYD
Digital Marketing Manager Marketing 2,748,900 GYD
Digital Marketing Strategist Marketing 2,724,700 GYD
Digital Media Specialist Marketing 2,447,200 GYD
Director of Marketing Marketing 3,503,800 GYD
Director of Research Marketing 2,557,100 GYD
eMarketing Manager Marketing 2,748,900 GYD
Event Marketing Marketing 2,593,900 GYD
Head of Executive Search Marketing 3,156,400 GYD
Key Affiliate Manager Marketing 2,485,800 GYD
Localization Manager Marketing 2,543,000 GYD
Market Development Executive Marketing 2,773,700 GYD
Market Development Manager Marketing 2,734,500 GYD
Market Research Analyst Marketing 2,221,600 GYD
Market Research Manager Marketing 2,641,300 GYD
Market Segmentation Director Marketing 2,593,900 GYD
Marketing Account Supervisor Marketing 2,052,200 GYD
Marketing Administrator Marketing 1,716,600 GYD
Marketing Advisor Marketing 2,076,600 GYD
Marketing Analyst Marketing 2,207,600 GYD
Marketing and Communications Officer Marketing 1,198,300 GYD
Marketing and Sales Head Marketing 3,769,500 GYD
Marketing Assistant Marketing 1,212,800 GYD
Marketing Associate Marketing 1,168,300 GYD
Marketing Communications Manager Marketing 2,435,600 GYD
Marketing Consultant Marketing 2,641,300 GYD
Marketing Coordinator Marketing 1,109,200 GYD
Marketing Director Marketing 3,610,800 GYD
Marketing Distribution Executive Marketing 2,893,600 GYD
Marketing Executive Marketing 2,819,600 GYD
Marketing Manager Marketing 3,696,900 GYD
Marketing Officer Marketing 1,187,900 GYD
Marketing Segment Manager Marketing 2,617,900 GYD
Marketing Specialist Marketing 1,777,700 GYD
Marketing Supervisor Marketing 2,146,100 GYD
Marketing Vice President Marketing 2,854,700 GYD
Marketing Writer Marketing 1,345,400 GYD
Online Marketing Analyst Marketing 1,990,300 GYD
Online Marketing Manager Marketing 2,460,900 GYD
Optimization Manager Marketing 2,207,600 GYD
Outbound Sales Marketing 1,668,900 GYD
Outreach Coordinator Marketing 1,524,300 GYD
Outreach Specialist Marketing 1,967,000 GYD
Product Development Marketing 2,533,800 GYD
Product Manager Marketing 2,976,900 GYD
Product Marketing Engineer Marketing 1,464,200 GYD
Product Marketing Executive Marketing 2,495,600 GYD
Product Marketing Manager Marketing 2,711,900 GYD
Product Researcher Marketing 1,417,600 GYD
Product Strategist Marketing 2,052,200 GYD
Product Strategy Researcher Marketing 1,921,500 GYD
Product Training Specialist Marketing 1,777,700 GYD
Project Manager Marketing 2,110,600 GYD
Publications Coordinator Marketing 1,296,900 GYD
Research Executive Marketing 2,460,900 GYD
Sales and Marketing Assistant Marketing 1,122,300 GYD
Sales and Marketing Coordinator Marketing 1,165,400 GYD
Sales and Marketing Director Marketing 3,577,600 GYD
Sales Management Support Marketing 1,196,800 GYD
Sales Manager Marketing 3,385,800 GYD
Search Marketing Strategist Marketing 3,013,500 GYD
Social Media Administrator Marketing 2,003,200 GYD
Social Media Specialist Marketing 2,026,800 GYD
Spaceman Analyst Marketing 1,069,900 GYD
Sponsorship Consultant Marketing 1,921,500 GYD
Team Leader Marketing 2,124,400 GYD
Telemarketer Marketing 1,088,800 GYD
Trade Marketing Executive Marketing 2,711,900 GYD
Trade Marketing Manager Marketing 2,653,700 GYD
Trade Marketing Professional Marketing 2,146,100 GYD
Trade Marketing Specialist Marketing 1,560,800 GYD
Web Analytics Manager Marketing 2,314,800 GYD
Web Content Manager Marketing 2,266,400 GYD

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