Average Stock Controller Salary in Namibia for 2024

In this article, we will look at the average Stock Controller salary for 2024 in Namibia 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 Namibian dollar. To keep things simple, we are using the NAD currency code instead of the currency symbol $.

How Much Does a Stock Controller Make in Namibia?

A Stock Controller working in Namibia will typically earn around 103,140 NAD per year, and this can range from the lowest average salary of about 52,180 NAD to the highest average salary of 159,400 NAD.

Average Annual Salary
103,140 NAD
Average Monthly Salary
8,595 NAD

Lowest Annual Salary
52,180 NAD
Lowest Monthly Salary
4,348 NAD

Highest Annual Salary
159,400 NAD
Highest Monthly Salary
13,283 NAD

These are average salaries for a Stock Controller in Namibia 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 Namibia

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

Salary ranges

We already know that a Stock Controller can earn between 52,180 NAD and 159,400 NAD on average in Namibia. 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 Namibia is 103,140 NAD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 103,140 NAD, and 50% of the population earn more than 103,140 NAD.

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 Namibia, 25% of the population are earning less than 69,780 NAD while 75% of the population earn more than 69,780 NAD.

75% of the population earn less than 128,900 NAD, and 25% of the population earn more than 128,900 NAD.

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 Namibia

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 Namibia that has less than two years of experience can expect to earn somewhere in the region of 63,380 NAD.
  • 2 - 5 Years Experience. With two to five years of experience the average Stock Controller salary would increase to 80,520 NAD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Stock Controller, the average salary would be 108,300 NAD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 128,900 NAD.
  • 15 - 20 Years Experience. A Stock Controller with 15 to 20 years of experience can earn an average of 138,800 NAD.
  • 20+ Years Experience. For a Stock Controller with more than 20 years, the expected average salary increases to 152,100 NAD.

Average Salary by Experience Chart

0-2 Years
63,380 NAD
2-5 Years +32%
80,520 NAD
5-10 Years +34%
108,300 NAD
10-15 Years +19%
128,900 NAD
15-20 Years +8%
138,800 NAD
20+ Years +7%
152,100 NAD

Stock Controller Salary by Education Level in Namibia

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 Namibia 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 Namibia with a high school education can earn an average salary of 80,520 NAD.

  • Certificate or Diploma. A Stock Controller in Namibia with a certificate or diploma education can earn an average salary of 113,420 NAD.

  • Bachelor's Degree. A Stock Controller in Namibia with a bachelor's degree education can earn an average salary of 142,300 NAD.

Average Salary by Education Chart

High School
80,520 NAD
Certificate or Diploma +40%
113,420 NAD
Bachelor's Degree +25%
142,300 NAD

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 Namibia is around 87,200 to 262,000 NAD 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 Namibia, a male stock controller will earn an average of 104,060 NAD, while a female stock controller will earn around 100,580 NAD.

This means that a male stock controller earns approximately 3% more than a female stock controller for performing the same job.

Average Salary by Gender Chart in Namibia

Male
104,060 NAD
Female -3%
100,580 NAD

Stock Controller Average Pay Raise in Namibia

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 Namibia is around 5% every 29 months.

The national average pay raise across all professions and industries in Namibia 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 Namibia can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Namibia for 2024

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

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

Banking
5%
Energy
1%
Information Technology
6%
Healthcare
2%
Travel
7%
Construction
3%
Education
8%

Stock Controller Bonus and Incentive Rates in Namibia

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 11% of employees reporting at least one bonus in the last 12 months.

89% 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 3%.

Received Bonus
11%
No Bonus
89%

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 Namibia earn approximately 8% more than private sector employees in the same role.

Public Sector
215,100 NAD
Private Sector -8%
200,000 NAD

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 Namibia.

Job Title Category Salary
After Sales Automotive Manager Automotive 208,600 NAD
Alignment Technician Automotive 73,040 NAD
Auto Damage Adjuster Automotive 84,780 NAD
Auto Detailer Automotive 80,480 NAD
Auto Parts Manager Automotive 259,100 NAD
Automotive Assembler Automotive 83,020 NAD
Automotive Assembly Manager Automotive 232,400 NAD
Automotive Assembly Operator Automotive 78,960 NAD
Automotive Body Repairer Automotive 76,440 NAD
Automotive Branch Manager Automotive 315,700 NAD
Automotive Central Planner Automotive 113,220 NAD
Automotive Electrician Automotive 91,840 NAD
Automotive Engineering Technician Automotive 106,960 NAD
Automotive Estimating Manager Automotive 201,100 NAD
Automotive Estimator Automotive 172,400 NAD
Automotive General Manager Automotive 389,200 NAD
Automotive Inventory Officer Automotive 75,500 NAD
Automotive Manager Automotive 375,200 NAD
Automotive Master Mechanic Automotive 118,520 NAD
Automotive Parts Supplier Automotive 125,100 NAD
Automotive Project Engineer Automotive 148,300 NAD
Automotive Project Manager Automotive 263,900 NAD
Automotive Purchase Manager Automotive 296,000 NAD
Automotive Sales Automotive 154,700 NAD
Automotive Service Technician Automotive 75,100 NAD
Automotive Technician Automotive 78,420 NAD
Automotive Technician Automotive 82,480 NAD
Automotive Test Engineer Automotive 139,100 NAD
Automotive Warranty Administrator Automotive 136,100 NAD
Automotive Warranty Clerk Automotive 83,200 NAD
Car Parts and Accessories Fitter Automotive 73,980 NAD
Car Salesman Automotive 152,100 NAD
Damage Appraiser Automotive 116,740 NAD
Diesel Engine Specialist Automotive 111,700 NAD
Job Card Opener Automotive 73,100 NAD
Lube Technician Automotive 65,940 NAD
Master File Maintenance Automotive 103,140 NAD
Materials Planner Automotive 116,380 NAD
Mechanic Automotive 76,280 NAD
Motor Vehicle Inspector Automotive 112,620 NAD
Motorcycle Mechanic Automotive 85,440 NAD
Service Advisor Automotive 142,300 NAD
Service Manager Automotive 240,500 NAD
Technical Advisor Automotive 152,100 NAD
Tire Retreader Automotive 75,280 NAD
Used Car Manager Automotive 204,000 NAD
Vehicle Body Maker Automotive 99,460 NAD
Vehicle Examiner Automotive 102,020 NAD
Vehicle Painter Automotive 66,020 NAD
Vehicle Trimmer Automotive 77,400 NAD
Welder Automotive 66,000 NAD

Salary Comparison by City

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

City Average Salary
Windhoek 107,980 NAD

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 Stock Controller Salary in Namibia for 2024". World Salaries. Accessed on March 28, 2024. https://worldsalaries.com/average-stock-controller-salary-in-namibia/.

  • "Average Stock Controller Salary in Namibia for 2024". World Salaries, https://worldsalaries.com/average-stock-controller-salary-in-namibia/. Accessed 28 March, 2024

  • Average Stock Controller Salary in Namibia for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-stock-controller-salary-in-namibia/.