Average Stock Controller Salary in Laos for 2024

In this article, we will look at the average Stock Controller salary for 2024 in Laos 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 Lao kip. To keep things simple, we are using the LAK currency code instead of the currency symbol โ‚ญ.

How Much Does a Stock Controller Make in Laos?

A Stock Controller working in Laos will typically earn around 27,479,000 LAK per year, and this can range from the lowest average salary of about 12,600,600 LAK to the highest average salary of 43,680,700 LAK.

Average Annual Salary
27,479,000 LAK
Average Monthly Salary
2,289,916 LAK

Lowest Annual Salary
12,600,600 LAK
Lowest Monthly Salary
1,050,050 LAK

Highest Annual Salary
43,680,700 LAK
Highest Monthly Salary
3,640,058 LAK

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

Stock Controller 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 Stock Controller Salaries in Laos

So we've looked at the average salaries a Stock Controller will earn in Laos. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Stock Controller can earn between 12,600,600 LAK and 43,680,700 LAK on average in Laos. 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 Stock Controller in Laos is 29,641,500 LAK. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 29,641,500 LAK, and 50% of the population earn more than 29,641,500 LAK.

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 Stock Controller salary in Laos, 25% of the population are earning less than 19,078,500 LAK while 75% of the population earn more than 19,078,500 LAK.

75% of the population earn less than 39,600,100 LAK, and 25% of the population earn more than 39,600,100 LAK.

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.

Stock Controller Salary by Experience Level in Laos

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 stock controller 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 Stock Controller in Laos that has less than two years of experience can expect to earn somewhere in the region of 14,400,800 LAK.
  • 2 - 5 Years Experience. With two to five years of experience the average Stock Controller salary would increase to 19,200,400 LAK.
  • 5 - 10 Years Experience. From five to ten years of experience as a Stock Controller, the average salary would be 28,318,900 LAK.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 34,561,900 LAK.
  • 15 - 20 Years Experience. A Stock Controller with 15 to 20 years of experience can earn an average of 37,681,400 LAK.
  • 20+ Years Experience. For a Stock Controller with more than 20 years, the expected average salary increases to 40,799,600 LAK.

Average Salary by Experience Chart

0-2 Years
14,400,800 LAK
2-5 Years +34%
19,200,400 LAK
5-10 Years +48%
28,318,900 LAK
10-15 Years +22%
34,561,900 LAK
15-20 Years +9%
37,681,400 LAK
20+ Years +8%
40,799,600 LAK

Stock Controller Salary by Education Level in Laos

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 Stock Controller in Laos 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 Stock Controller in Laos with a high school education can earn an average salary of 16,320,700 LAK.

  • Certificate or Diploma. A Stock Controller in Laos with a certificate or diploma education can earn an average salary of 25,679,100 LAK.

  • Bachelor's Degree. A Stock Controller in Laos with a bachelor's degree education can earn an average salary of 43,081,400 LAK.

Average Salary by Education Chart

High School
16,320,700 LAK
Certificate or Diploma +57%
25,679,100 LAK
Bachelor's Degree +68%
43,081,400 LAK

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 Laos is around 22,700,000 to 68,200,000 LAK 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.

Stock Controller 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 Laos, a male stock controller will earn an average of 29,161,000 LAK, while a female stock controller will earn around 25,801,200 LAK.

This means that a male stock controller earns approximately 13% more than a female stock controller for performing the same job.

Average Salary by Gender Chart in Laos

Male
29,161,000 LAK
Female -13%
25,801,200 LAK

Stock Controller Average Pay Raise in Laos

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 Stock Controller in Laos is around 5% every 29 months.

The national average pay raise across all professions and industries in Laos 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 = ( 5 ÷ 29 ) × 12  = 2%

What this means is that a Stock Controller in Laos can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Laos for 2024

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

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

Banking
9%
Energy
9%
Information Technology
9%
Healthcare
9%
Travel
9%
Construction
9%
Education
9%

Stock Controller Bonus and Incentive Rates in Laos

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 Stock Controller is a low bonus based job, with 15% of employees reporting at least one bonus in the last 12 months.

85% 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
15%
No Bonus
85%

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 Laos earn approximately 25% more than private sector employees in the same role.

Public Sector
60,598,100 LAK
Private Sector -25%
48,601,200 LAK

Salaries for Jobs Similar to a Stock Controller

In the table below, we have salary information for jobs that are similar to a Stock Controller in Laos.

Job Title Category Salary
After Sales Automotive Manager Automotive 57,719,800 LAK
Alignment Technician Automotive 18,720,200 LAK
Auto Damage Adjuster Automotive 23,520,800 LAK
Auto Detailer Automotive 21,241,100 LAK
Auto Parts Manager Automotive 71,878,800 LAK
Automotive Assembler Automotive 21,478,100 LAK
Automotive Assembly Manager Automotive 66,481,700 LAK
Automotive Assembly Operator Automotive 21,719,900 LAK
Automotive Body Repairer Automotive 19,200,400 LAK
Automotive Branch Manager Automotive 92,400,700 LAK
Automotive Central Planner Automotive 30,119,100 LAK
Automotive Electrician Automotive 25,200,800 LAK
Automotive Engineering Technician Automotive 28,560,900 LAK
Automotive Estimating Manager Automotive 52,918,800 LAK
Automotive Estimator Automotive 43,800,600 LAK
Automotive General Manager Automotive 105,118,300 LAK
Automotive Inventory Officer Automotive 19,439,300 LAK
Automotive Manager Automotive 95,161,700 LAK
Automotive Master Mechanic Automotive 30,721,900 LAK
Automotive Parts Supplier Automotive 32,519,500 LAK
Automotive Project Engineer Automotive 38,399,900 LAK
Automotive Project Manager Automotive 71,039,200 LAK
Automotive Purchase Manager Automotive 79,801,600 LAK
Automotive Sales Automotive 43,438,200 LAK
Automotive Service Technician Automotive 21,121,400 LAK
Automotive Technician Automotive 20,400,600 LAK
Automotive Technician Automotive 21,478,100 LAK
Automotive Test Engineer Automotive 34,561,900 LAK
Automotive Warranty Administrator Automotive 35,039,300 LAK
Automotive Warranty Clerk Automotive 23,280,700 LAK
Car Parts and Accessories Fitter Automotive 18,359,600 LAK
Car Salesman Automotive 42,359,400 LAK
Damage Appraiser Automotive 30,841,400 LAK
Diesel Engine Specialist Automotive 28,200,200 LAK
Job Card Opener Automotive 18,479,600 LAK
Lube Technician Automotive 16,561,800 LAK
Master File Maintenance Automotive 28,801,400 LAK
Materials Planner Automotive 33,119,100 LAK
Mechanic Automotive 21,121,400 LAK
Motor Vehicle Inspector Automotive 31,320,700 LAK
Motorcycle Mechanic Automotive 23,280,700 LAK
Service Advisor Automotive 40,079,600 LAK
Service Manager Automotive 60,119,800 LAK
Technical Advisor Automotive 41,520,800 LAK
Tire Retreader Automotive 19,078,500 LAK
Used Car Manager Automotive 56,520,500 LAK
Vehicle Body Maker Automotive 26,639,300 LAK
Vehicle Examiner Automotive 26,880,900 LAK
Vehicle Painter Automotive 18,359,600 LAK
Vehicle Trimmer Automotive 18,840,100 LAK
Welder Automotive 17,159,700 LAK

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