Average Technology Development Manager Salary in Sao Tome and Principe for 2024

In this article, we will look at the average Technology Development Manager salary for 2024 in Sao Tome and Principe 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 São Tomé and Príncipe dobra. To keep things simple, we are using the STN currency code instead of the currency symbol Db.

How Much Does a Technology Development Manager Make in Sao Tome and Principe?

A Technology Development Manager working in Sao Tome and Principe will typically earn around 129,601,700 STN per year, and this can range from the lowest average salary of about 66,240,600 STN to the highest average salary of 200,401,500 STN.

Average Annual Salary
129,601,700 STN
Average Monthly Salary
10,800,141 STN

Lowest Annual Salary
66,240,600 STN
Lowest Monthly Salary
5,520,050 STN

Highest Annual Salary
200,401,500 STN
Highest Monthly Salary
16,700,125 STN

These are average salaries for a Technology Development Manager in Sao Tome and Principe and include benefits such as housing and transport. It's also possible for a Technology Development Manager to earn more or less than the average salaries shown above.

Technology Development Manager 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 Technology Development Manager Salaries in Sao Tome and Principe

So we've looked at the average salaries a Technology Development Manager will earn in Sao Tome and Principe. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Technology Development Manager can earn between 66,240,600 STN and 200,401,500 STN on average in Sao Tome and Principe. 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 Technology Development Manager in Sao Tome and Principe is 127,201,600 STN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 127,201,600 STN, and 50% of the population earn more than 127,201,600 STN.

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 Technology Development Manager salary in Sao Tome and Principe, 25% of the population are earning less than 87,001,300 STN while 75% of the population earn more than 87,001,300 STN.

75% of the population earn less than 160,800,900 STN, and 25% of the population earn more than 160,800,900 STN.

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.

Technology Development Manager Salary by Experience Level in Sao Tome and Principe

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 technology development manager 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 Technology Development Manager in Sao Tome and Principe that has less than two years of experience can expect to earn somewhere in the region of 74,161,900 STN.
  • 2 - 5 Years Experience. With two to five years of experience the average Technology Development Manager salary would increase to 96,959,900 STN.
  • 5 - 10 Years Experience. From five to ten years of experience as a Technology Development Manager, the average salary would be 135,600,300 STN.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 163,201,300 STN.
  • 15 - 20 Years Experience. A Technology Development Manager with 15 to 20 years of experience can earn an average of 177,599,600 STN.
  • 20+ Years Experience. For a Technology Development Manager with more than 20 years, the expected average salary increases to 190,800,100 STN.

Average Salary by Experience Chart

0-2 Years
74,161,900 STN
2-5 Years +31%
96,959,900 STN
5-10 Years +40%
135,600,300 STN
10-15 Years +20%
163,201,300 STN
15-20 Years +9%
177,599,600 STN
20+ Years +8%
190,800,100 STN

Technology Development Manager Salary by Education Level in Sao Tome and Principe

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 Technology Development Manager in Sao Tome and Principe 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 Technology Development Manager in Sao Tome and Principe with a high school education can earn an average salary of 88,921,600 STN.

  • Certificate or Diploma. A Technology Development Manager in Sao Tome and Principe with a certificate or diploma education can earn an average salary of 102,241,700 STN.

  • Bachelor's Degree. A Technology Development Manager in Sao Tome and Principe with a bachelor's degree education can earn an average salary of 144,001,700 STN.

  • Master's Degree. A Technology Development Manager in Sao Tome and Principe with a master's degree education can earn an average salary of 184,799,000 STN.

Average Salary by Education Chart

High School
88,921,600 STN
Certificate or Diploma +15%
102,241,700 STN
Bachelor's Degree +41%
144,001,700 STN
Master's Degree +29%
184,799,000 STN

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 Sao Tome and Principe is around 34,900,000 to 105,000,000 STN 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.

Technology Development Manager 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 Sao Tome and Principe, a male technology development manager will earn an average of 140,401,100 STN, while a female technology development manager will earn around 119,998,200 STN.

This means that a male technology development manager earns approximately 17% more than a female technology development manager for performing the same job.

Average Salary by Gender Chart in Sao Tome and Principe

Male
140,401,100 STN
Female -17%
119,998,200 STN

Technology Development Manager Average Pay Raise in Sao Tome and Principe

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 Technology Development Manager in Sao Tome and Principe is around 8% every 31 months.

The national average pay raise across all professions and industries in Sao Tome and Principe is around 5% every 28 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 = ( 8 ÷ 31 ) × 12  = 3%

What this means is that a Technology Development Manager in Sao Tome and Principe can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Sao Tome and Principe for 2024

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

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%

Technology Development Manager Bonus and Incentive Rates in Sao Tome and Principe

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 Technology Development Manager is a moderate bonus based job, with 62% of employees reporting at least one bonus in the last 12 months.

38% 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 6% to 8%.

Received Bonus
62%
No Bonus
38%

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 Sao Tome and Principe earn approximately 11% more than private sector employees in the same role.

Public Sector
87,240,100 STN
Private Sector -11%
78,838,900 STN

Salaries for Jobs Similar to a Technology Development Manager

In the table below, we have salary information for jobs that are similar to a Technology Development Manager in Sao Tome and Principe.

Job Title Category Salary
Assembly Foreman Factory and Manufacturing 21,361,700 STN
Assembly Line Worker Factory and Manufacturing 21,361,700 STN
Assembly Supervisor Factory and Manufacturing 31,919,300 STN
Assistance Maintenance Manager Factory and Manufacturing 77,519,100 STN
Assistant Shipping Manager Factory and Manufacturing 71,999,700 STN
Chemical Equipment Controller Factory and Manufacturing 53,278,500 STN
Chemical Technican Apprentice Factory and Manufacturing 43,800,600 STN
CNC Machinist Factory and Manufacturing 49,919,200 STN
CNC Operator Factory and Manufacturing 47,038,300 STN
CNC Programmer Factory and Manufacturing 56,158,300 STN
Colour Technologist Factory and Manufacturing 26,520,600 STN
Contracts Manager Factory and Manufacturing 90,840,700 STN
Data Collection Coordinator Factory and Manufacturing 37,919,200 STN
Demand Planner Factory and Manufacturing 33,961,700 STN
Derrick Operator Factory and Manufacturing 21,841,900 STN
Director of Manufacturing Factory and Manufacturing 130,799,600 STN
Dock Worker Factory and Manufacturing 20,400,600 STN
Drying Technician Factory and Manufacturing 21,361,700 STN
Equipment Operator Factory and Manufacturing 21,241,100 STN
Export Sales Coordinator Factory and Manufacturing 69,359,500 STN
Factory Superintendent Factory and Manufacturing 35,159,900 STN
Factory Worker Factory and Manufacturing 24,958,800 STN
Failure Analysis Technician Factory and Manufacturing 35,878,200 STN
Fiberglass Laminator Factory and Manufacturing 23,399,000 STN
Food Technologist Factory and Manufacturing 41,638,700 STN
Forklift Driver Factory and Manufacturing 22,799,000 STN
Forklift Operator Factory and Manufacturing 22,081,800 STN
Forming Machine Operator Factory and Manufacturing 24,478,500 STN
Furnace Operator Factory and Manufacturing 22,681,800 STN
Gas Appliance Repairer Factory and Manufacturing 22,558,900 STN
General Warehouse Associate Factory and Manufacturing 37,441,100 STN
Heavy Equipment Operator Factory and Manufacturing 30,600,900 STN
HSE Manager Factory and Manufacturing 91,201,900 STN
Industrial Engineer Factory and Manufacturing 76,078,800 STN
Industrial Machinery Mechanic Factory and Manufacturing 45,119,800 STN
Industrial Production Manager Factory and Manufacturing 127,201,600 STN
Industrial Safety and Health Engineer Factory and Manufacturing 68,639,200 STN
Intake Operator Factory and Manufacturing 27,960,400 STN
Key Account Manager Factory and Manufacturing 108,000,700 STN
Lift Truck Operator Factory and Manufacturing 22,321,900 STN
Loading Supervisor Factory and Manufacturing 39,358,400 STN
Logistic Coordinator Factory and Manufacturing 58,199,900 STN
Logistics Clerk Factory and Manufacturing 27,841,200 STN
Machine Operator Factory and Manufacturing 21,361,700 STN
Machinist Factory and Manufacturing 22,799,000 STN
Maintenance Manager Factory and Manufacturing 87,240,100 STN
Maintenance Store Clerk Factory and Manufacturing 24,000,900 STN
Manufacturing Engineer Factory and Manufacturing 72,958,100 STN
Manufacturing Engineering Manager Factory and Manufacturing 110,158,800 STN
Manufacturing Engineering Technologist Factory and Manufacturing 80,158,500 STN
Manufacturing Manager Factory and Manufacturing 125,999,700 STN
Manufacturing Operative Factory and Manufacturing 36,480,500 STN
Manufacturing Production Technician Factory and Manufacturing 28,200,200 STN
Manufacturing Supervisor Factory and Manufacturing 59,878,400 STN
Manufacturing Technician Factory and Manufacturing 26,639,300 STN
Materials Manager Factory and Manufacturing 100,321,300 STN
Materials Supervisor Factory and Manufacturing 64,198,300 STN
Mechanical Fitter Engineer Factory and Manufacturing 75,360,300 STN
Mechanical Foreman Factory and Manufacturing 22,681,800 STN
Merchandise Planner Factory and Manufacturing 39,119,300 STN
Metrology Engineer Factory and Manufacturing 65,641,400 STN
Operations Engineer Factory and Manufacturing 68,039,500 STN
Operations Manager Factory and Manufacturing 107,161,400 STN
Order Management Coordinator Factory and Manufacturing 56,401,100 STN
Order Processing Manager Factory and Manufacturing 92,879,600 STN
Order Selector Factory and Manufacturing 28,439,500 STN
Package Handler Factory and Manufacturing 21,841,900 STN
Packaging Manager Factory and Manufacturing 75,838,700 STN
Packer Factory and Manufacturing 22,799,000 STN
Packing Deputy Supervisor Factory and Manufacturing 59,640,200 STN
Planning Manager Factory and Manufacturing 99,119,900 STN
Plant Manager Factory and Manufacturing 124,799,100 STN
Precision Instrument Repairer Factory and Manufacturing 35,521,100 STN
Process Technician Factory and Manufacturing 27,960,400 STN
Product Manager Factory and Manufacturing 111,720,700 STN
Production Analyst Factory and Manufacturing 94,681,700 STN
Production Director Factory and Manufacturing 139,199,500 STN
Production Engineer Factory and Manufacturing 73,801,300 STN
Production Engineering Supervisor Factory and Manufacturing 106,921,000 STN
Production Inspector Factory and Manufacturing 78,838,900 STN
Production Laborer Factory and Manufacturing 20,400,600 STN
Production Manager Factory and Manufacturing 129,601,700 STN
Production Operator Factory and Manufacturing 32,398,700 STN
Production Scheduler Factory and Manufacturing 56,280,700 STN
Production Supervisor Factory and Manufacturing 73,440,100 STN
Production Technician Factory and Manufacturing 31,559,900 STN
Production Worker Factory and Manufacturing 29,041,200 STN
Quality Control Analyst Factory and Manufacturing 90,840,700 STN
Quality Control Inspector Factory and Manufacturing 71,878,800 STN
Quality Control Manager Factory and Manufacturing 100,200,300 STN
Service Technician Factory and Manufacturing 29,278,200 STN
SHEQ Officer Factory and Manufacturing 34,198,600 STN
Shipping Manager Factory and Manufacturing 105,960,300 STN
Small Engine Mechanic Factory and Manufacturing 40,559,300 STN
Spray Painter Factory and Manufacturing 23,280,700 STN
Sterile Processing Technician Factory and Manufacturing 25,079,200 STN
Structural Welder Factory and Manufacturing 20,999,200 STN
Supply Chain Operative Factory and Manufacturing 60,481,000 STN
Technical Operator Factory and Manufacturing 31,201,500 STN
Testing Technician Factory and Manufacturing 53,639,100 STN
Toolmaker Factory and Manufacturing 34,561,900 STN
Warehouse Forklift Operator Factory and Manufacturing 24,119,700 STN
Warehouse Operative Factory and Manufacturing 24,841,800 STN
Warehouse Worker Factory and Manufacturing 24,599,500 STN
Warranty Handler Factory and Manufacturing 40,799,600 STN
Welder Factory and Manufacturing 22,441,700 STN
Workshop Manager Factory and Manufacturing 82,439,700 STN

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 Technology Development Manager Salary in Sao Tome and Principe for 2024". World Salaries. Accessed on March 29, 2024. https://worldsalaries.com/average-technology-development-manager-salary-in-sao-tome-and-principe/.

  • "Average Technology Development Manager Salary in Sao Tome and Principe for 2024". World Salaries, https://worldsalaries.com/average-technology-development-manager-salary-in-sao-tome-and-principe/. Accessed 29 March, 2024

  • Average Technology Development Manager Salary in Sao Tome and Principe for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-technology-development-manager-salary-in-sao-tome-and-principe/.