Average Six Sigma Black Belt Salary in Liberia for 2024

In this article, we will look at the average Six Sigma Black Belt 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 Six Sigma Black Belt Make in Liberia?

A Six Sigma Black Belt working in Liberia will typically earn around 1,114,700 LRD per year, and this can range from the lowest average salary of about 545,300 LRD to the highest average salary of 1,741,800 LRD.

Average Annual Salary
1,114,700 LRD
Average Monthly Salary
92,891 LRD

Lowest Annual Salary
545,300 LRD
Lowest Monthly Salary
45,441 LRD

Highest Annual Salary
1,741,800 LRD
Highest Monthly Salary
145,150 LRD

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

Six Sigma Black Belt 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 Six Sigma Black Belt Salaries in Liberia

So we've looked at the average salaries a Six Sigma Black Belt will earn in Liberia. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Six Sigma Black Belt can earn between 545,300 LRD and 1,741,800 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 Six Sigma Black Belt in Liberia is 1,136,700 LRD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 1,136,700 LRD, and 50% of the population earn more than 1,136,700 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 Six Sigma Black Belt salary in Liberia, 25% of the population are earning less than 756,700 LRD while 75% of the population earn more than 756,700 LRD.

75% of the population earn less than 1,464,200 LRD, and 25% of the population earn more than 1,464,200 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.

Six Sigma Black Belt 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 six sigma black belt 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 Six Sigma Black Belt in Liberia that has less than two years of experience can expect to earn somewhere in the region of 646,600 LRD.
  • 2 - 5 Years Experience. With two to five years of experience the average Six Sigma Black Belt salary would increase to 832,000 LRD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Six Sigma Black Belt, the average salary would be 1,148,200 LRD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 1,428,800 LRD.
  • 15 - 20 Years Experience. A Six Sigma Black Belt with 15 to 20 years of experience can earn an average of 1,524,300 LRD.
  • 20+ Years Experience. For a Six Sigma Black Belt with more than 20 years, the expected average salary increases to 1,632,100 LRD.

Average Salary by Experience Chart

0-2 Years
646,600 LRD
2-5 Years +29%
832,000 LRD
5-10 Years +38%
1,148,200 LRD
10-15 Years +24%
1,428,800 LRD
15-20 Years +7%
1,524,300 LRD
20+ Years +7%
1,632,100 LRD

Six Sigma Black Belt 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 Six Sigma Black Belt in Liberia 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 Six Sigma Black Belt in Liberia with a bachelor's degree education can earn an average salary of 810,400 LRD.

  • Master's Degree. A Six Sigma Black Belt in Liberia with a master's degree education can earn an average salary of 1,296,900 LRD.

Average Salary by Education Chart

Bachelor's Degree
810,400 LRD
Master's Degree +60%
1,296,900 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.

Six Sigma Black Belt 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 six sigma black belt will earn an average of 1,165,400 LRD, while a female six sigma black belt will earn around 1,037,000 LRD.

This means that a male six sigma black belt earns approximately 12% more than a female six sigma black belt for performing the same job.

Average Salary by Gender Chart in Liberia

Male
1,165,400 LRD
Female -12%
1,037,000 LRD

Six Sigma Black Belt 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 Six Sigma Black Belt in Liberia is around 7% every 31 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 = ( 7 ÷ 31 ) × 12  = 3%

What this means is that a Six Sigma Black Belt 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%

Six Sigma Black Belt 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 Six Sigma Black Belt is a low bonus based job, with 39% of employees reporting at least one bonus in the last 12 months.

61% 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
39%
No Bonus
61%

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 Six Sigma Black Belt

In the table below, we have salary information for jobs that are similar to a Six Sigma Black Belt in Liberia.

Job Title Category Salary
Approval Team Manager Quality Control and Compliance 1,004,600 LRD
Assistant Quality Manager Quality Control and Compliance 906,500 LRD
Compliance Officer Quality Control and Compliance 555,800 LRD
Document Analyst Quality Control and Compliance 483,400 LRD
Document Control Officer Quality Control and Compliance 398,300 LRD
Document Control Specialist Quality Control and Compliance 476,600 LRD
HACCP Coordinator Quality Control and Compliance 489,600 LRD
Inspection Supervisor Quality Control and Compliance 848,200 LRD
Internal Compliance Officer Quality Control and Compliance 565,100 LRD
Product Complaints Associate Quality Control and Compliance 558,300 LRD
Product Owner Quality Control and Compliance 918,600 LRD
Product Quality Leader Quality Control and Compliance 1,084,200 LRD
QMS Coordinator Quality Control and Compliance 578,500 LRD
Quality and Safety Site Leader Quality Control and Compliance 993,600 LRD
Quality Assurance Administrator Quality Control and Compliance 890,100 LRD
Quality Assurance Analyst Quality Control and Compliance 1,004,500 LRD
Quality Assurance Associate Quality Control and Compliance 575,100 LRD
Quality Assurance Auditor Quality Control and Compliance 864,900 LRD
Quality Assurance Document Control Quality Control and Compliance 428,400 LRD
Quality Assurance Engineer Quality Control and Compliance 553,800 LRD
Quality Assurance Executive Quality Control and Compliance 1,296,900 LRD
Quality Assurance Inspector Quality Control and Compliance 906,500 LRD
Quality Assurance Manager Quality Control and Compliance 1,450,700 LRD
Quality Assurance Specialist Quality Control and Compliance 922,300 LRD
Quality Assurance Supervisor Quality Control and Compliance 938,100 LRD
Quality Assurance Technician Quality Control and Compliance 491,000 LRD
Quality Assurance Tester Quality Control and Compliance 502,200 LRD
Quality Control Analyst Quality Control and Compliance 918,500 LRD
Quality Control and Compliance Officer Quality Control and Compliance 553,400 LRD
Quality Control and Quality Assurance Officer Quality Control and Compliance 626,800 LRD
Quality Control Auditor Quality Control and Compliance 767,500 LRD
Quality Control Chemist Quality Control and Compliance 975,700 LRD
Quality Control Coordinator Quality Control and Compliance 618,800 LRD
Quality Control Engineer Quality Control and Compliance 548,500 LRD
Quality Control Executive Quality Control and Compliance 1,273,300 LRD
Quality Control Manager Quality Control and Compliance 1,369,700 LRD
Quality Control Supervisor Quality Control and Compliance 1,037,600 LRD
Quality Control Technician Quality Control and Compliance 504,400 LRD
Quality Data Analyst Quality Control and Compliance 836,800 LRD
Quality Director Quality Control and Compliance 1,500,800 LRD
Quality Engineer Quality Control and Compliance 562,200 LRD
Quality Executive Quality Control and Compliance 1,089,400 LRD
Quality Improvement Coordinator Quality Control and Compliance 592,600 LRD
Quality Management Officer Quality Control and Compliance 537,300 LRD
Quality Manager Quality Control and Compliance 1,391,600 LRD
Quality Surveyor Quality Control and Compliance 810,400 LRD
Quality Trainer Quality Control and Compliance 960,900 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 1,259,300 LRD

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 Six Sigma Black Belt Salary in Liberia for 2024". World Salaries. Accessed on March 28, 2024. https://worldsalaries.com/average-six-sigma-black-belt-salary-in-liberia/.

  • "Average Six Sigma Black Belt Salary in Liberia for 2024". World Salaries, https://worldsalaries.com/average-six-sigma-black-belt-salary-in-liberia/. Accessed 28 March, 2024

  • Average Six Sigma Black Belt Salary in Liberia for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-six-sigma-black-belt-salary-in-liberia/.