Average Used Car Manager Salary in Suriname for 2024

In this article, we will look at the average Used Car Manager salary for 2024 in Suriname 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 Surinamese dollar. To keep things simple, we are using the SRD currency code instead of the currency symbol $.

How Much Does a Used Car Manager Make in Suriname?

A Used Car Manager working in Suriname will typically earn around 66,140 SRD per year, and this can range from the lowest average salary of about 37,200 SRD to the highest average salary of 102,240 SRD.

Average Annual Salary
66,140 SRD
Average Monthly Salary
5,511 SRD

Lowest Annual Salary
37,200 SRD
Lowest Monthly Salary
3,100 SRD

Highest Annual Salary
102,240 SRD
Highest Monthly Salary
8,520 SRD

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

Used Car 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 Used Car Manager Salaries in Suriname

So we've looked at the average salaries a Used Car Manager will earn in Suriname. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Used Car Manager can earn between 37,200 SRD and 102,240 SRD on average in Suriname. 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 Used Car Manager in Suriname is 61,580 SRD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 61,580 SRD, and 50% of the population earn more than 61,580 SRD.

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 Used Car Manager salary in Suriname, 25% of the population are earning less than 45,580 SRD while 75% of the population earn more than 45,580 SRD.

75% of the population earn less than 78,500 SRD, and 25% of the population earn more than 78,500 SRD.

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.

Used Car Manager Salary by Experience Level in Suriname

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 used car 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 Used Car Manager in Suriname that has less than two years of experience can expect to earn somewhere in the region of 41,900 SRD.
  • 2 - 5 Years Experience. With two to five years of experience the average Used Car Manager salary would increase to 50,240 SRD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Used Car Manager, the average salary would be 69,720 SRD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 83,400 SRD.
  • 15 - 20 Years Experience. A Used Car Manager with 15 to 20 years of experience can earn an average of 91,580 SRD.
  • 20+ Years Experience. For a Used Car Manager with more than 20 years, the expected average salary increases to 97,060 SRD.

Average Salary by Experience Chart

0-2 Years
41,900 SRD
2-5 Years +23%
50,240 SRD
5-10 Years +42%
69,720 SRD
10-15 Years +17%
83,400 SRD
15-20 Years +10%
91,580 SRD
20+ Years +6%
97,060 SRD

Used Car Manager Salary by Education Level in Suriname

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 Used Car Manager in Suriname 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 Used Car Manager in Suriname with a high school education can earn an average salary of 49,820 SRD.

  • Certificate or Diploma. A Used Car Manager in Suriname with a certificate or diploma education can earn an average salary of 55,840 SRD.

  • Bachelor's Degree. A Used Car Manager in Suriname with a bachelor's degree education can earn an average salary of 71,400 SRD.

  • Master's Degree. A Used Car Manager in Suriname with a master's degree education can earn an average salary of 97,060 SRD.

Average Salary by Education Chart

High School
49,820 SRD
Certificate or Diploma +13%
55,840 SRD
Bachelor's Degree +31%
71,400 SRD
Master's Degree +32%
97,060 SRD

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 Suriname is around 25,700 to 77,100 SRD 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.

Used Car 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 Suriname, a male used car manager will earn an average of 70,940 SRD, while a female used car manager will earn around 61,680 SRD.

This means that a male used car manager earns approximately 15% more than a female used car manager for performing the same job.

Average Salary by Gender Chart in Suriname

Male
70,940 SRD
Female -15%
61,680 SRD

Used Car Manager Average Pay Raise in Suriname

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 Used Car Manager in Suriname is around 7% every 29 months.

The national average pay raise across all professions and industries in Suriname 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 = ( 7 ÷ 29 ) × 12  = 3%

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

Annual Pay Raise by Industry in Suriname for 2024

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

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

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

Used Car Manager Bonus and Incentive Rates in Suriname

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 Used Car Manager is a low bonus based job, with 9% of employees reporting at least one bonus in the last 12 months.

91% 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 1% to 3%.

Received Bonus
9%
No Bonus
91%

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 Suriname earn approximately 20% more than private sector employees in the same role.

Public Sector
67,900 SRD
Private Sector -20%
56,460 SRD

Salaries for Jobs Similar to a Used Car Manager

In the table below, we have salary information for jobs that are similar to a Used Car Manager in Suriname.

Job Title Category Salary
After Sales Automotive Manager Automotive 68,400 SRD
Alignment Technician Automotive 21,020 SRD
Auto Damage Adjuster Automotive 26,080 SRD
Auto Detailer Automotive 23,700 SRD
Auto Parts Manager Automotive 80,580 SRD
Automotive Assembler Automotive 23,140 SRD
Automotive Assembly Manager Automotive 77,620 SRD
Automotive Assembly Operator Automotive 23,260 SRD
Automotive Body Repairer Automotive 24,820 SRD
Automotive Branch Manager Automotive 101,840 SRD
Automotive Central Planner Automotive 36,940 SRD
Automotive Electrician Automotive 29,540 SRD
Automotive Engineering Technician Automotive 34,960 SRD
Automotive Estimating Manager Automotive 62,420 SRD
Automotive Estimator Automotive 48,560 SRD
Automotive General Manager Automotive 115,260 SRD
Automotive Inventory Officer Automotive 23,480 SRD
Automotive Manager Automotive 109,740 SRD
Automotive Master Mechanic Automotive 36,020 SRD
Automotive Parts Supplier Automotive 34,120 SRD
Automotive Project Engineer Automotive 41,180 SRD
Automotive Project Manager Automotive 83,020 SRD
Automotive Purchase Manager Automotive 86,740 SRD
Automotive Sales Automotive 48,140 SRD
Automotive Service Technician Automotive 23,360 SRD
Automotive Technician Automotive 26,020 SRD
Automotive Test Engineer Automotive 39,420 SRD
Automotive Warranty Administrator Automotive 41,660 SRD
Automotive Warranty Clerk Automotive 25,660 SRD
Car Parts and Accessories Fitter Automotive 23,520 SRD
Car Salesman Automotive 49,700 SRD
Damage Appraiser Automotive 36,940 SRD
Diesel Engine Specialist Automotive 34,360 SRD
Job Card Opener Automotive 20,000 SRD
Lube Technician Automotive 18,900 SRD
Master File Maintenance Automotive 35,500 SRD
Materials Planner Automotive 37,380 SRD
Mechanic Automotive 25,220 SRD
Motor Vehicle Inspector Automotive 35,000 SRD
Motorcycle Mechanic Automotive 27,300 SRD
Service Advisor Automotive 46,280 SRD
Service Manager Automotive 74,060 SRD
Stock Controller Automotive 31,540 SRD
Technical Advisor Automotive 43,800 SRD
Tire Retreader Automotive 21,300 SRD
Vehicle Body Maker Automotive 31,380 SRD
Vehicle Examiner Automotive 31,520 SRD
Vehicle Painter Automotive 18,900 SRD
Vehicle Trimmer Automotive 20,000 SRD
Welder Automotive 18,940 SRD

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