Last updated on January 5th, 2023 at 07:40 am
The monthly average salary, which includes housing, transportation, and other benefits are discussed in this article. Salaries for various government and defense jobs vary dramatically.
In Malawi, an employee employed by the government and defense makes roughly 180,000 MWK per month.
Salaries range from 95,500 MWK (the lowest average) to 281,000 MWK (the highest average).
You’re doing well if your pay is higher than both the average and the median salary. If your wage is lower than either of those, many others earn more than you, and you have room to develop.
Things can become a little complex if your wage falls anywhere between the average and also the median. We created a handbook to describe each case in detail.
The rate of change in compensation depending on experience varies a lot from one place to the next, and it also relies a lot on the job field. The information shown here is the average of many separate jobs.
The most essential criterion in deciding a wage is the amount of experience. Naturally, the bigger the income, the more years of work expertise you have.
Employees with two to five years of experience earn 32 percent more on average than freshmen and juniors throughout all industries and specialties.
Professionals with far over five years of experience earn 36 percent more on average than those with fewer than five years of experience.
When you reach the ten-year mark, your compensation improves by 21%, and when you reach the fifteen-year mark, your salary increases by another 14%.
Workers who have earned a degree or diploma earn 17 percent more than those who have simply completed high school.
Employees who have received a Bachelor’s Degree get 24% higher than those who have simply earned a certificate or diploma.
Professionals with a Master’s Degree earn 29% more than those with only a Bachelor’s Degree.
Ultimately, when doing the same job, PhD holders receive 23% more than Master’s degree holders.