Average Securities Sales Agent Salary in Cameroon for 2024

In this article, we will look at the average Securities Sales Agent salary for 2024 in Cameroon 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 Securities Sales Agent Make in Cameroon?

A Securities Sales Agent working in Cameroon will typically earn around 6,371,500 XAF per year, and this can range from the lowest average salary of about 2,987,000 XAF to the highest average salary of 10,069,800 XAF.

Average Annual Salary
6,371,500 XAF
Average Monthly Salary
530,958 XAF

Lowest Annual Salary
2,987,000 XAF
Lowest Monthly Salary
248,916 XAF

Highest Annual Salary
10,069,800 XAF
Highest Monthly Salary
839,150 XAF

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

Securities Sales Agent 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 Securities Sales Agent Salaries in Cameroon

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

Salary ranges

We already know that a Securities Sales Agent can earn between 2,987,000 XAF and 10,069,800 XAF on average in Cameroon. 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 Securities Sales Agent in Cameroon is 6,754,900 XAF. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 6,754,900 XAF, and 50% of the population earn more than 6,754,900 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 Securities Sales Agent salary in Cameroon, 25% of the population are earning less than 4,380,400 XAF while 75% of the population earn more than 4,380,400 XAF.

75% of the population earn less than 8,915,100 XAF, and 25% of the population earn more than 8,915,100 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.

Securities Sales Agent Salary by Experience Level in Cameroon

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 securities sales agent 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 Securities Sales Agent in Cameroon that has less than two years of experience can expect to earn somewhere in the region of 3,455,900 XAF.
  • 2 - 5 Years Experience. With two to five years of experience the average Securities Sales Agent salary would increase to 4,762,300 XAF.
  • 5 - 10 Years Experience. From five to ten years of experience as a Securities Sales Agent, the average salary would be 6,780,300 XAF.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 8,257,300 XAF.
  • 15 - 20 Years Experience. A Securities Sales Agent with 15 to 20 years of experience can earn an average of 8,724,700 XAF.
  • 20+ Years Experience. For a Securities Sales Agent with more than 20 years, the expected average salary increases to 9,493,400 XAF.

Average Salary by Experience Chart

0-2 Years
3,455,900 XAF
2-5 Years +38%
4,762,300 XAF
5-10 Years +42%
6,780,300 XAF
10-15 Years +22%
8,257,300 XAF
15-20 Years +6%
8,724,700 XAF
20+ Years +9%
9,493,400 XAF

Securities Sales Agent Salary by Education Level in Cameroon

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 Securities Sales Agent in Cameroon 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 Securities Sales Agent in Cameroon with a high school education can earn an average salary of 4,129,300 XAF.

  • Certificate or Diploma. A Securities Sales Agent in Cameroon with a certificate or diploma education can earn an average salary of 6,241,000 XAF.

  • Bachelor's Degree. A Securities Sales Agent in Cameroon with a bachelor's degree education can earn an average salary of 9,361,300 XAF.

Average Salary by Education Chart

High School
4,129,300 XAF
Certificate or Diploma +51%
6,241,000 XAF
Bachelor's Degree +50%
9,361,300 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 Cameroon is around 2,300,000 to 6,900,000 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.

Securities Sales Agent 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 Cameroon, a male securities sales agent will earn an average of 6,887,700 XAF, while a female securities sales agent will earn around 5,963,300 XAF.

This means that a male securities sales agent earns approximately 16% more than a female securities sales agent for performing the same job.

Average Salary by Gender Chart in Cameroon

Male
6,887,700 XAF
Female -16%
5,963,300 XAF

Securities Sales Agent Average Pay Raise in Cameroon

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 Securities Sales Agent in Cameroon is around 7% every 29 months.

The national average pay raise across all professions and industries in Cameroon 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 = ( 7 ÷ 29 ) × 12  = 3%

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

Annual Pay Raise by Industry in Cameroon for 2024

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

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%

Securities Sales Agent Bonus and Incentive Rates in Cameroon

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 Securities Sales Agent is a moderate bonus based job, with 66% of employees reporting at least one bonus in the last 12 months.

34% 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 5% to 9%.

Received Bonus
66%
No Bonus
34%

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 Cameroon earn approximately 11% more than private sector employees in the same role.

Public Sector
5,735,900 XAF
Private Sector -11%
5,183,700 XAF

Salaries for Jobs Similar to a Securities Sales Agent

In the table below, we have salary information for jobs that are similar to a Securities Sales Agent in Cameroon.

Job Title Category Salary
Account Manager Sales Retail and Wholesale 5,963,300 XAF
Account Officer Sales Retail and Wholesale 3,406,900 XAF
Area Manager Sales Retail and Wholesale 6,768,400 XAF
Area Sales Director Sales Retail and Wholesale 11,326,400 XAF
Area Sales Manager Sales Retail and Wholesale 9,493,400 XAF
Assisstant Store Supervisor Sales Retail and Wholesale 3,934,900 XAF
Assistant Department Manager Sales Retail and Wholesale 4,369,800 XAF
Assistant Retail Store Manager Sales Retail and Wholesale 5,209,200 XAF
Branch Manager Sales Retail and Wholesale 6,696,900 XAF
Branch Supervisor Sales Retail and Wholesale 5,784,200 XAF
Cashier Sales Retail and Wholesale 2,086,500 XAF
Cashier Manager Sales Retail and Wholesale 4,799,700 XAF
Commercial Sales Manager Sales Retail and Wholesale 9,094,100 XAF
Corporate Sales Manager Sales Retail and Wholesale 8,290,700 XAF
Depot Manager Sales Retail and Wholesale 6,024,400 XAF
Depot Supervisor Sales Retail and Wholesale 5,761,400 XAF
Deputy Sales Manager Sales Retail and Wholesale 6,539,600 XAF
Director of Sales Sales Retail and Wholesale 10,656,400 XAF
Distribution Director Sales Retail and Wholesale 7,537,100 XAF
District Leader Sales Retail and Wholesale 5,698,400 XAF
District Manager Sales Retail and Wholesale 6,733,900 XAF
District Sales Manager Sales Retail and Wholesale 6,587,900 XAF
External Sales Account Manager Sales Retail and Wholesale 6,505,500 XAF
Field Sales Representative Sales Retail and Wholesale 4,224,200 XAF
Furniture Sales Associate Sales Retail and Wholesale 3,035,200 XAF
Global Wholesale Manager Sales Retail and Wholesale 11,833,900 XAF
Head Cashier Sales Retail and Wholesale 4,414,800 XAF
Head of Direct Sales Sales Retail and Wholesale 8,099,800 XAF
Head of Retail Sales Retail and Wholesale 8,029,300 XAF
Head Teller Sales Retail and Wholesale 4,140,900 XAF
Inside Sales Sales Retail and Wholesale 3,553,500 XAF
Inside Sales Account Manager Sales Retail and Wholesale 5,197,600 XAF
Inside Sales Engineer Sales Retail and Wholesale 3,912,600 XAF
Inside Sales Executive Sales Retail and Wholesale 5,989,600 XAF
Inside Sales Representative Sales Retail and Wholesale 3,733,300 XAF
Internal Sales Manager Sales Retail and Wholesale 6,300,400 XAF
Inventory Manager Sales Retail and Wholesale 6,156,100 XAF
Key Account Manager Sales Retail and Wholesale 6,505,500 XAF
Medical Device Sales Sales Retail and Wholesale 4,895,800 XAF
Medical Device Sales Representative Sales Retail and Wholesale 5,076,600 XAF
Merchandiser Sales Retail and Wholesale 4,043,600 XAF
National Account Manager Sales Retail and Wholesale 8,411,800 XAF
National Customer Solution Specialist Sales Retail and Wholesale 7,067,300 XAF
National Sales Manager Sales Retail and Wholesale 12,121,000 XAF
Outside Sales Representative Sales Retail and Wholesale 4,488,100 XAF
Parts Salesperson Sales Retail and Wholesale 3,733,300 XAF
Project Development Manager Sales Retail and Wholesale 6,911,700 XAF
Project Manager Sales Retail and Wholesale 7,331,800 XAF
Project Sales Executive Sales Retail and Wholesale 7,129,200 XAF
Purchasing and Sales Executive Sales Retail and Wholesale 9,816,600 XAF
Quotation Engineer Sales Retail and Wholesale 3,514,400 XAF
Regional Sales Director Sales Retail and Wholesale 11,891,900 XAF
Regional Sales Manager Sales Retail and Wholesale 11,905,700 XAF
Relationship Manager Sales Retail and Wholesale 7,537,100 XAF
Retail Merchandiser Sales Retail and Wholesale 2,653,700 XAF
Retail Operations Manager Sales Retail and Wholesale 6,875,100 XAF
Retail Sales Associate Sales Retail and Wholesale 5,146,100 XAF
Retail Sales Representative Sales Retail and Wholesale 3,889,500 XAF
Retail Salesperson Sales Retail and Wholesale 3,553,500 XAF
Retail Store Manager Sales Retail and Wholesale 7,271,300 XAF
Retail Store Sales Person Sales Retail and Wholesale 3,514,400 XAF
Revenue Manager Sales Retail and Wholesale 6,300,400 XAF
Sales Account Manager Sales Retail and Wholesale 7,872,400 XAF
Sales Admin Executive Sales Retail and Wholesale 9,106,400 XAF
Sales Administration Manager Sales Retail and Wholesale 8,099,800 XAF
Sales Analyst Sales Retail and Wholesale 6,587,900 XAF
Sales Assistant Sales Retail and Wholesale 2,698,900 XAF
Sales Associate Sales Retail and Wholesale 3,610,800 XAF
Sales Consultant Sales Retail and Wholesale 4,908,200 XAF
Sales Coordinator Sales Retail and Wholesale 3,817,500 XAF
Sales Development Representative Sales Retail and Wholesale 4,345,400 XAF
Sales Director Sales Retail and Wholesale 10,894,900 XAF
Sales Engineer Sales Retail and Wholesale 3,912,600 XAF
Sales Executive Sales Retail and Wholesale 7,309,600 XAF
Sales Manager Sales Retail and Wholesale 9,456,600 XAF
Sales Officer Sales Retail and Wholesale 3,718,600 XAF
Sales Planner Sales Retail and Wholesale 5,940,300 XAF
Sales Planning Analyst Sales Retail and Wholesale 5,843,600 XAF
Sales Representative Sales Retail and Wholesale 3,696,900 XAF
Sales Service Associate Sales Retail and Wholesale 3,421,600 XAF
Sales Specialist Sales Retail and Wholesale 5,663,200 XAF
Sales Supervisor Sales Retail and Wholesale 5,784,200 XAF
Sales Support Sales Retail and Wholesale 2,566,100 XAF
Sales Support Manager Sales Retail and Wholesale 5,975,000 XAF
Sales Team Leader Sales Retail and Wholesale 5,940,300 XAF
Sales Trainer Sales Retail and Wholesale 6,193,900 XAF
Shipper / Receiver Sales Retail and Wholesale 2,831,100 XAF
Shop Manager Sales Retail and Wholesale 6,457,900 XAF
Store Development Administrator Sales Retail and Wholesale 4,282,500 XAF
Store Manager Sales Retail and Wholesale 6,901,600 XAF
Territory Sales Manager Sales Retail and Wholesale 9,262,300 XAF
Territory Sales Representative Sales Retail and Wholesale 5,388,100 XAF
Trade Marketing Officer Sales Retail and Wholesale 5,914,900 XAF
Treasury Officer Sales Retail and Wholesale 5,663,200 XAF
Vice President Sales Sales Retail and Wholesale 8,554,100 XAF
Visual Merchandiser Sales Retail and Wholesale 3,071,100 XAF

Salary Comparison by City

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

City Average Salary
Douala 7,007,800 XAF
Yaounde 6,322,500 XAF

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