Average Territory Sales Manager Salary in Guinea for 2024

In this article, we will look at the average Territory Sales Manager salary for 2024 in Guinea 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 Guinean franc. To keep things simple, we are using the GNF currency code instead of the currency symbol Fr.

How Much Does a Territory Sales Manager Make in Guinea?

A Territory Sales Manager working in Guinea will typically earn around 134,400,400 GNF per year, and this can range from the lowest average salary of about 72,481,900 GNF to the highest average salary of 202,799,300 GNF.

Average Annual Salary
134,400,400 GNF
Average Monthly Salary
11,200,033 GNF

Lowest Annual Salary
72,481,900 GNF
Lowest Monthly Salary
6,040,158 GNF

Highest Annual Salary
202,799,300 GNF
Highest Monthly Salary
16,899,941 GNF

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

Territory Sales 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 Territory Sales Manager Salaries in Guinea

So we've looked at the average salaries a Territory Sales Manager will earn in Guinea. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Territory Sales Manager can earn between 72,481,900 GNF and 202,799,300 GNF on average in Guinea. 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 Territory Sales Manager in Guinea is 123,599,800 GNF. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 123,599,800 GNF, and 50% of the population earn more than 123,599,800 GNF.

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 Territory Sales Manager salary in Guinea, 25% of the population are earning less than 88,081,100 GNF while 75% of the population earn more than 88,081,100 GNF.

75% of the population earn less than 149,999,200 GNF, and 25% of the population earn more than 149,999,200 GNF.

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.

Territory Sales Manager Salary by Experience Level in Guinea

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 territory sales 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 Territory Sales Manager in Guinea that has less than two years of experience can expect to earn somewhere in the region of 84,121,400 GNF.
  • 2 - 5 Years Experience. With two to five years of experience the average Territory Sales Manager salary would increase to 106,198,200 GNF.
  • 5 - 10 Years Experience. From five to ten years of experience as a Territory Sales Manager, the average salary would be 140,401,100 GNF.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 164,398,100 GNF.
  • 15 - 20 Years Experience. A Territory Sales Manager with 15 to 20 years of experience can earn an average of 182,401,400 GNF.
  • 20+ Years Experience. For a Territory Sales Manager with more than 20 years, the expected average salary increases to 194,398,100 GNF.

Average Salary by Experience Chart

0-2 Years
84,121,400 GNF
2-5 Years +26%
106,198,200 GNF
5-10 Years +32%
140,401,100 GNF
10-15 Years +18%
164,398,100 GNF
15-20 Years +11%
182,401,400 GNF
20+ Years +6%
194,398,100 GNF

Territory Sales Manager Salary by Education Level in Guinea

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 Territory Sales Manager in Guinea 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 Territory Sales Manager in Guinea with a high school education can earn an average salary of 102,359,100 GNF.

  • Certificate or Diploma. A Territory Sales Manager in Guinea with a certificate or diploma education can earn an average salary of 115,319,700 GNF.

  • Bachelor's Degree. A Territory Sales Manager in Guinea with a bachelor's degree education can earn an average salary of 151,201,000 GNF.

  • Master's Degree. A Territory Sales Manager in Guinea with a master's degree education can earn an average salary of 188,401,800 GNF.

Average Salary by Education Chart

High School
102,359,100 GNF
Certificate or Diploma +13%
115,319,700 GNF
Bachelor's Degree +32%
151,201,000 GNF
Master's Degree +24%
188,401,800 GNF

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 Guinea is around 35,000,000 to 105,000,000 GNF 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.

Territory Sales 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 Guinea, a male territory sales manager will earn an average of 139,199,500 GNF, while a female territory sales manager will earn around 127,201,600 GNF.

This means that a male territory sales manager earns approximately 9% more than a female territory sales manager for performing the same job.

Average Salary by Gender Chart in Guinea

Male
139,199,500 GNF
Female -9%
127,201,600 GNF

Territory Sales Manager Average Pay Raise in Guinea

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 Territory Sales Manager in Guinea is around 8% every 30 months.

The national average pay raise across all professions and industries in Guinea 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 = ( 8 ÷ 30 ) × 12  = 3%

What this means is that a Territory Sales Manager in Guinea can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Guinea for 2024

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

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%

Territory Sales Manager Bonus and Incentive Rates in Guinea

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 Territory Sales Manager is a moderate bonus based job, with 60% of employees reporting at least one bonus in the last 12 months.

40% 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 7%.

Received Bonus
60%
No Bonus
40%

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 Guinea earn approximately 11% more than private sector employees in the same role.

Public Sector
87,358,200 GNF
Private Sector -11%
78,960,300 GNF

Salaries for Jobs Similar to a Territory Sales Manager

In the table below, we have salary information for jobs that are similar to a Territory Sales Manager in Guinea.

Job Title Category Salary
Account Manager Sales Retail and Wholesale 86,881,900 GNF
Account Officer Sales Retail and Wholesale 49,919,200 GNF
Area Manager Sales Retail and Wholesale 94,079,900 GNF
Area Sales Director Sales Retail and Wholesale 159,601,400 GNF
Area Sales Manager Sales Retail and Wholesale 130,799,600 GNF
Assisstant Store Supervisor Sales Retail and Wholesale 56,760,200 GNF
Assistant Department Manager Sales Retail and Wholesale 61,678,300 GNF
Assistant Retail Store Manager Sales Retail and Wholesale 76,439,700 GNF
Branch Manager Sales Retail and Wholesale 103,800,400 GNF
Branch Supervisor Sales Retail and Wholesale 84,479,000 GNF
Cashier Sales Retail and Wholesale 30,841,400 GNF
Cashier Manager Sales Retail and Wholesale 69,119,600 GNF
Commercial Sales Manager Sales Retail and Wholesale 133,198,700 GNF
Corporate Sales Manager Sales Retail and Wholesale 114,838,300 GNF
Depot Manager Sales Retail and Wholesale 89,281,500 GNF
Depot Supervisor Sales Retail and Wholesale 81,480,700 GNF
Deputy Sales Manager Sales Retail and Wholesale 90,599,800 GNF
Director of Sales Sales Retail and Wholesale 148,800,300 GNF
Distribution Director Sales Retail and Wholesale 108,119,100 GNF
District Leader Sales Retail and Wholesale 80,278,500 GNF
District Manager Sales Retail and Wholesale 97,321,300 GNF
District Sales Manager Sales Retail and Wholesale 102,718,900 GNF
External Sales Account Manager Sales Retail and Wholesale 93,601,400 GNF
Field Sales Representative Sales Retail and Wholesale 66,240,600 GNF
Furniture Sales Associate Sales Retail and Wholesale 43,680,700 GNF
Global Wholesale Manager Sales Retail and Wholesale 171,598,600 GNF
Head Cashier Sales Retail and Wholesale 59,878,400 GNF
Head of Direct Sales Sales Retail and Wholesale 117,841,300 GNF
Head of Retail Sales Retail and Wholesale 112,319,100 GNF
Head Teller Sales Retail and Wholesale 59,398,900 GNF
Inside Sales Sales Retail and Wholesale 49,438,400 GNF
Inside Sales Account Manager Sales Retail and Wholesale 79,801,600 GNF
Inside Sales Engineer Sales Retail and Wholesale 57,479,000 GNF
Inside Sales Executive Sales Retail and Wholesale 84,001,900 GNF
Inside Sales Representative Sales Retail and Wholesale 54,719,600 GNF
Internal Sales Manager Sales Retail and Wholesale 95,759,900 GNF
Inventory Manager Sales Retail and Wholesale 93,718,300 GNF
Key Account Manager Sales Retail and Wholesale 92,280,500 GNF
Medical Device Sales Sales Retail and Wholesale 71,641,100 GNF
Medical Device Sales Representative Sales Retail and Wholesale 70,920,900 GNF
Merchandiser Sales Retail and Wholesale 59,878,400 GNF
National Account Manager Sales Retail and Wholesale 127,201,600 GNF
National Customer Solution Specialist Sales Retail and Wholesale 104,040,600 GNF
National Sales Manager Sales Retail and Wholesale 162,000,100 GNF
Outside Sales Representative Sales Retail and Wholesale 62,279,800 GNF
Parts Salesperson Sales Retail and Wholesale 54,479,300 GNF
Project Development Manager Sales Retail and Wholesale 105,478,200 GNF
Project Manager Sales Retail and Wholesale 99,000,200 GNF
Project Sales Executive Sales Retail and Wholesale 106,439,300 GNF
Purchasing and Sales Executive Sales Retail and Wholesale 139,199,500 GNF
Quotation Engineer Sales Retail and Wholesale 52,201,800 GNF
Regional Sales Director Sales Retail and Wholesale 167,999,600 GNF
Regional Sales Manager Sales Retail and Wholesale 175,200,500 GNF
Relationship Manager Sales Retail and Wholesale 110,639,600 GNF
Retail Merchandiser Sales Retail and Wholesale 40,559,300 GNF
Retail Operations Manager Sales Retail and Wholesale 95,880,900 GNF
Retail Sales Associate Sales Retail and Wholesale 75,239,300 GNF
Retail Sales Representative Sales Retail and Wholesale 60,119,800 GNF
Retail Salesperson Sales Retail and Wholesale 49,678,100 GNF
Retail Store Manager Sales Retail and Wholesale 102,840,200 GNF
Retail Store Sales Person Sales Retail and Wholesale 52,558,300 GNF
Revenue Manager Sales Retail and Wholesale 95,759,900 GNF
Sales Account Manager Sales Retail and Wholesale 110,879,600 GNF
Sales Admin Executive Sales Retail and Wholesale 127,201,600 GNF
Sales Administration Manager Sales Retail and Wholesale 117,841,300 GNF
Sales Analyst Sales Retail and Wholesale 91,439,200 GNF
Sales Assistant Sales Retail and Wholesale 38,521,100 GNF
Sales Associate Sales Retail and Wholesale 53,398,300 GNF
Sales Consultant Sales Retail and Wholesale 73,920,200 GNF
Sales Coordinator Sales Retail and Wholesale 56,760,200 GNF
Sales Development Representative Sales Retail and Wholesale 64,681,900 GNF
Sales Director Sales Retail and Wholesale 156,000,100 GNF
Sales Engineer Sales Retail and Wholesale 56,641,700 GNF
Sales Executive Sales Retail and Wholesale 103,920,800 GNF
Sales Manager Sales Retail and Wholesale 135,600,300 GNF
Sales Officer Sales Retail and Wholesale 53,158,700 GNF
Sales Planner Sales Retail and Wholesale 80,998,900 GNF
Sales Planning Analyst Sales Retail and Wholesale 84,121,400 GNF
Sales Representative Sales Retail and Wholesale 50,639,500 GNF
Sales Service Associate Sales Retail and Wholesale 48,480,700 GNF
Sales Specialist Sales Retail and Wholesale 75,239,300 GNF
Sales Supervisor Sales Retail and Wholesale 79,558,700 GNF
Sales Support Sales Retail and Wholesale 38,158,300 GNF
Sales Support Manager Sales Retail and Wholesale 88,799,900 GNF
Sales Team Leader Sales Retail and Wholesale 85,440,100 GNF
Sales Trainer Sales Retail and Wholesale 95,639,500 GNF
Securities Sales Agent Sales Retail and Wholesale 87,240,100 GNF
Shipper / Receiver Sales Retail and Wholesale 39,241,100 GNF
Shop Manager Sales Retail and Wholesale 86,641,400 GNF
Store Development Administrator Sales Retail and Wholesale 64,560,300 GNF
Store Manager Sales Retail and Wholesale 99,241,400 GNF
Territory Sales Representative Sales Retail and Wholesale 74,518,900 GNF
Trade Marketing Officer Sales Retail and Wholesale 88,440,900 GNF
Treasury Officer Sales Retail and Wholesale 84,238,600 GNF
Vice President Sales Sales Retail and Wholesale 125,999,700 GNF
Visual Merchandiser Sales Retail and Wholesale 47,880,300 GNF

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