Average Salon Manager Salary in Liberia for 2024

In this article, we will look at the average Salon Manager salary for 2024 in Liberia 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 Liberian dollar. To keep things simple, we are using the LRD currency code instead of the currency symbol $.

How Much Does a Salon Manager Make in Liberia?

A Salon Manager working in Liberia will typically earn around 1,104,400 LRD per year, and this can range from the lowest average salary of about 528,600 LRD to the highest average salary of 1,728,900 LRD.

Average Annual Salary
1,104,400 LRD
Average Monthly Salary
92,033 LRD

Lowest Annual Salary
528,600 LRD
Lowest Monthly Salary
44,050 LRD

Highest Annual Salary
1,728,900 LRD
Highest Monthly Salary
144,075 LRD

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

Salon 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 Salon Manager Salaries in Liberia

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

Salary ranges

We already know that a Salon Manager can earn between 528,600 LRD and 1,728,900 LRD on average in Liberia. 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 Salon Manager in Liberia is 1,147,500 LRD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 1,147,500 LRD, and 50% of the population earn more than 1,147,500 LRD.

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 Salon Manager salary in Liberia, 25% of the population are earning less than 754,900 LRD while 75% of the population earn more than 754,900 LRD.

75% of the population earn less than 1,500,800 LRD, and 25% of the population earn more than 1,500,800 LRD.

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.

Salon Manager Salary by Experience Level in Liberia

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 salon 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 Salon Manager in Liberia that has less than two years of experience can expect to earn somewhere in the region of 619,000 LRD.
  • 2 - 5 Years Experience. With two to five years of experience the average Salon Manager salary would increase to 878,900 LRD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Salon Manager, the average salary would be 1,153,300 LRD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 1,417,600 LRD.
  • 15 - 20 Years Experience. A Salon Manager with 15 to 20 years of experience can earn an average of 1,510,400 LRD.
  • 20+ Years Experience. For a Salon Manager with more than 20 years, the expected average salary increases to 1,655,500 LRD.

Average Salary by Experience Chart

0-2 Years
619,000 LRD
2-5 Years +42%
878,900 LRD
5-10 Years +31%
1,153,300 LRD
10-15 Years +23%
1,417,600 LRD
15-20 Years +6%
1,510,400 LRD
20+ Years +10%
1,655,500 LRD

Salon Manager Salary by Education Level in Liberia

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 Salon Manager in Liberia 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 Salon Manager in Liberia with a high school education can earn an average salary of 832,100 LRD.

  • Certificate or Diploma. A Salon Manager in Liberia with a certificate or diploma education can earn an average salary of 1,428,800 LRD.

Average Salary by Education Chart

High School
832,100 LRD
Certificate or Diploma +72%
1,428,800 LRD

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 Liberia is around 359,000 to 1,080,000 LRD 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.

Salon 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 Liberia, a male salon manager will earn an average of 1,069,800 LRD, while a female salon manager will earn around 1,172,800 LRD.

This means that a male salon manager earns approximately 9% less than a female salon manager for performing the same job.

Average Salary by Gender Chart in Liberia

Male
1,069,800 LRD
Female +9%
1,172,800 LRD

Salon Manager Average Pay Raise in Liberia

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 Salon Manager in Liberia is around 8% every 30 months.

The national average pay raise across all professions and industries in Liberia 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 Salon Manager in Liberia can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Liberia for 2024

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

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

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Salon Manager Bonus and Incentive Rates in Liberia

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 Salon Manager 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 3% to 6%.

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 Liberia earn approximately 21% more than private sector employees in the same role.

Public Sector
948,900 LRD
Private Sector -21%
782,500 LRD

Salaries for Jobs Similar to a Salon Manager

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

Job Title Category Salary
Aromatherapist Fitness / Hair / Beauty 960,900 LRD
Art Therapist Fitness / Hair / Beauty 681,900 LRD
Assistant Spa Manager Fitness / Hair / Beauty 744,700 LRD
Beauty Advisor Fitness / Hair / Beauty 724,300 LRD
Beauty Educator Fitness / Hair / Beauty 836,800 LRD
Beauty Shop Coordinator Fitness / Hair / Beauty 487,600 LRD
Beauty Specialist Fitness / Hair / Beauty 681,500 LRD
Beauty Supply Manager Fitness / Hair / Beauty 1,212,800 LRD
Beauty Therapist Fitness / Hair / Beauty 677,100 LRD
Cosmetic Sales Fitness / Hair / Beauty 366,200 LRD
Cosmetologist Fitness / Hair / Beauty 598,600 LRD
Day Spa Manager Fitness / Hair / Beauty 1,296,900 LRD
Esthetician Fitness / Hair / Beauty 301,300 LRD
Fitness and Wellness Coordinator Fitness / Hair / Beauty 704,300 LRD
Fitness Instructor Fitness / Hair / Beauty 472,100 LRD
Grooming Salon Manager Fitness / Hair / Beauty 1,059,800 LRD
Hair Replacement Specialist Fitness / Hair / Beauty 1,057,700 LRD
Hair Stylist Fitness / Hair / Beauty 394,800 LRD
Health Coach Fitness / Hair / Beauty 895,900 LRD
Health Educator Fitness / Hair / Beauty 1,041,900 LRD
Manicurist and Pedicurist Fitness / Hair / Beauty 253,400 LRD
Massage Therapist Fitness / Hair / Beauty 548,800 LRD
Masseur Fitness / Hair / Beauty 425,100 LRD
Natural Remedy Consultant Fitness / Hair / Beauty 908,200 LRD
Naturopath and Acupuncturist Fitness / Hair / Beauty 375,200 LRD
Occupational Therapist Fitness / Hair / Beauty 553,400 LRD
Occupational Therapy Assistant Fitness / Hair / Beauty 417,200 LRD
Physical Therapy Attendant Fitness / Hair / Beauty 419,400 LRD
Recreational Therapist Fitness / Hair / Beauty 547,800 LRD
Salon Assistant Fitness / Hair / Beauty 394,800 LRD
Spa Manager Fitness / Hair / Beauty 1,259,300 LRD
Spa Supervisor Fitness / Hair / Beauty 1,037,000 LRD
Sport and Recreation Manager Fitness / Hair / Beauty 1,273,300 LRD
Tattoo Artist Fitness / Hair / Beauty 332,100 LRD
Weight Loss Consultant Fitness / Hair / Beauty 1,172,800 LRD
Yoga Instructor Fitness / Hair / Beauty 780,700 LRD

Salary Comparison by City

If you want to compare salaries with different cities in Liberia, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Monrovia 1,235,600 LRD

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  • "Average Salon Manager Salary in Liberia for 2024". World Salaries. Accessed on March 29, 2024. https://worldsalaries.com/average-salon-manager-salary-in-liberia/.

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