Average Staff Pharmacist Salary in Liberia for 2024

In this article, we will look at the average Staff Pharmacist 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 Staff Pharmacist Make in Liberia?

A Staff Pharmacist working in Liberia will typically earn around 1,165,300 LRD per year, and this can range from the lowest average salary of about 548,500 LRD to the highest average salary of 1,835,700 LRD.

Average Annual Salary
1,165,300 LRD
Average Monthly Salary
97,108 LRD

Lowest Annual Salary
548,500 LRD
Lowest Monthly Salary
45,708 LRD

Highest Annual Salary
1,835,700 LRD
Highest Monthly Salary
152,975 LRD

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

Staff Pharmacist 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 Staff Pharmacist Salaries in Liberia

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

Salary ranges

We already know that a Staff Pharmacist can earn between 548,500 LRD and 1,835,700 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 Staff Pharmacist in Liberia is 1,235,600 LRD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 1,235,600 LRD, and 50% of the population earn more than 1,235,600 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 Staff Pharmacist salary in Liberia, 25% of the population are earning less than 802,400 LRD while 75% of the population earn more than 802,400 LRD.

75% of the population earn less than 1,632,100 LRD, and 25% of the population earn more than 1,632,100 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.

Staff Pharmacist 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 staff pharmacist 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 Staff Pharmacist in Liberia that has less than two years of experience can expect to earn somewhere in the region of 631,200 LRD.
  • 2 - 5 Years Experience. With two to five years of experience the average Staff Pharmacist salary would increase to 870,700 LRD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Staff Pharmacist, the average salary would be 1,235,600 LRD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 1,510,400 LRD.
  • 15 - 20 Years Experience. A Staff Pharmacist with 15 to 20 years of experience can earn an average of 1,594,500 LRD.
  • 20+ Years Experience. For a Staff Pharmacist with more than 20 years, the expected average salary increases to 1,741,800 LRD.

Average Salary by Experience Chart

0-2 Years
631,200 LRD
2-5 Years +38%
870,700 LRD
5-10 Years +42%
1,235,600 LRD
10-15 Years +22%
1,510,400 LRD
15-20 Years +6%
1,594,500 LRD
20+ Years +9%
1,741,800 LRD

Staff Pharmacist 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 Staff Pharmacist 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 Staff Pharmacist in Liberia with a bachelor's degree education can earn an average salary of 870,700 LRD.

  • Master's Degree. A Staff Pharmacist in Liberia with a master's degree education can earn an average salary of 1,594,500 LRD.

Average Salary by Education Chart

Bachelor's Degree
870,700 LRD
Master's Degree +83%
1,594,500 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.

Staff Pharmacist 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 staff pharmacist will earn an average of 1,259,300 LRD, while a female staff pharmacist will earn around 1,091,600 LRD.

This means that a male staff pharmacist earns approximately 15% more than a female staff pharmacist for performing the same job.

Average Salary by Gender Chart in Liberia

Male
1,259,300 LRD
Female -15%
1,091,600 LRD

Staff Pharmacist 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 Staff Pharmacist in Liberia is around 7% 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 = ( 7 ÷ 30 ) × 12  = 3%

What this means is that a Staff Pharmacist 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%

Staff Pharmacist 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 Staff Pharmacist is a low bonus based job, with 16% of employees reporting at least one bonus in the last 12 months.

84% 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 0% to 4%.

Received Bonus
16%
No Bonus
84%

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 Staff Pharmacist

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

Job Title Category Salary
Assistant Pharmacist Pharmaceutical and Biotechnology 780,600 LRD
Assistant Pharmacy Director Pharmaceutical and Biotechnology 1,320,500 LRD
Associate Medical Affairs Director Pharmaceutical and Biotechnology 1,967,000 LRD
Bioinformatics Scientist Pharmaceutical and Biotechnology 1,655,500 LRD
Bioinformatics Technician Pharmaceutical and Biotechnology 780,700 LRD
Biological Scientist Pharmaceutical and Biotechnology 1,858,200 LRD
Biological Technician Pharmaceutical and Biotechnology 812,900 LRD
Biomedical Engineer Pharmaceutical and Biotechnology 725,700 LRD
Biomedical Engineering Director Pharmaceutical and Biotechnology 1,440,700 LRD
Biostatistician Pharmaceutical and Biotechnology 1,192,400 LRD
Biotechnologist Pharmaceutical and Biotechnology 1,114,700 LRD
Biotechnology Lead Data Manager Pharmaceutical and Biotechnology 939,000 LRD
Chemical Process Technician Pharmaceutical and Biotechnology 832,000 LRD
Clinical Consultant Pharmaceutical and Biotechnology 1,168,700 LRD
Clinical Data Manager Pharmaceutical and Biotechnology 1,182,800 LRD
Clinical Data Specialist Pharmaceutical and Biotechnology 1,004,400 LRD
Clinical Informatics Specialist Pharmaceutical and Biotechnology 874,500 LRD
Clinical Operations Manager Pharmaceutical and Biotechnology 1,645,600 LRD
Clinical Pharmacist Pharmaceutical and Biotechnology 1,097,500 LRD
Clinical Pharmacy Specialist Pharmaceutical and Biotechnology 1,369,700 LRD
Clinical Programmer Pharmaceutical and Biotechnology 614,600 LRD
Clinical Project Manager Pharmaceutical and Biotechnology 1,004,400 LRD
Clinical Research Associate Pharmaceutical and Biotechnology 993,600 LRD
Clinical Research Manager Pharmaceutical and Biotechnology 1,703,200 LRD
Clinical Study Manager Pharmaceutical and Biotechnology 1,428,800 LRD
Compliance Specialist Pharmaceutical and Biotechnology 1,235,600 LRD
Cytology Laboratory Technologist Pharmaceutical and Biotechnology 962,900 LRD
Cytotechnologist Pharmaceutical and Biotechnology 890,700 LRD
GCP Auditor Pharmaceutical and Biotechnology 999,500 LRD
Hospital Pharmacy Technician Pharmaceutical and Biotechnology 862,100 LRD
Manufacturing Engineer Pharmaceutical and Biotechnology 918,500 LRD
Medical Affairs Director Pharmaceutical and Biotechnology 1,703,200 LRD
Medical Representative Pharmaceutical and Biotechnology 762,400 LRD
Medical Science Liaison Pharmaceutical and Biotechnology 1,320,500 LRD
Molecular and Cellular Biologist Pharmaceutical and Biotechnology 1,870,400 LRD
Nuclear Pharmacist Pharmaceutical and Biotechnology 1,154,300 LRD
Pharmaceutical Manager Pharmaceutical and Biotechnology 1,942,700 LRD
Pharmaceutical Manufacturing Lead Pharmaceutical and Biotechnology 2,124,400 LRD
Pharmaceutical Operations Excellence Manager Pharmaceutical and Biotechnology 1,921,500 LRD
Pharmaceutical Process Engineer Pharmaceutical and Biotechnology 995,000 LRD
Pharmaceutical Production Assistant Manager Pharmaceutical and Biotechnology 1,249,900 LRD
Pharmaceutical Project Manager Pharmaceutical and Biotechnology 1,138,500 LRD
Pharmaceutical Quality Auditor Pharmaceutical and Biotechnology 1,235,600 LRD
Pharmaceutical Regulatory Affairs Assistant Pharmaceutical and Biotechnology 979,600 LRD
Pharmaceutical Regulatory Affairs Manager Pharmaceutical and Biotechnology 1,235,600 LRD
Pharmaceutical Regulatory Affairs Specialist Pharmaceutical and Biotechnology 964,000 LRD
Pharmaceutical Representative Pharmaceutical and Biotechnology 767,400 LRD
Pharmaceutical Research Associate Pharmaceutical and Biotechnology 1,114,700 LRD
Pharmaceutical Research Scientist Pharmaceutical and Biotechnology 1,728,900 LRD
Pharmaceutical Researcher Pharmaceutical and Biotechnology 1,570,900 LRD
Pharmaceutical Sales and Marketing Manager Pharmaceutical and Biotechnology 1,391,600 LRD
Pharmaceutical Sales Manager Pharmaceutical and Biotechnology 1,645,600 LRD
Pharmaceutical Sales Representative Pharmaceutical and Biotechnology 744,600 LRD
Pharmaceutical Supply Chain Manager Pharmaceutical and Biotechnology 1,765,300 LRD
Pharmaceutical Team Leader Pharmaceutical and Biotechnology 1,235,600 LRD
Pharmaceutical Technologist Pharmaceutical and Biotechnology 884,700 LRD
Pharmacist Pharmaceutical and Biotechnology 1,125,500 LRD
Pharmacy Aide Pharmaceutical and Biotechnology 772,900 LRD
Pharmacy Manager Pharmaceutical and Biotechnology 1,621,400 LRD
Pharmacy Stock Controller Pharmaceutical and Biotechnology 646,600 LRD
Pharmacy Technician Pharmaceutical and Biotechnology 649,700 LRD
Records Management Coordinator Pharmaceutical and Biotechnology 628,000 LRD
Shift Encapsulator Pharmaceutical and Biotechnology 652,200 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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