Thanks to everyone who filled out our salary survey; we got 58 responses!
Remember to use the hashtag #salarysurvey when discussing on Facebook and Twitter, and we look forward to hearing from you all in the comments. View Part 1 of the survey results here.
Now, here’s where things get really interesting. Let’s analyze the results more deeply.
The highest salary was GHS 20,000 and the lowest was GHS 350. That’s a huge difference!
If you’re making a salary of between GHS 1,000 and GHS 1,999, you’re in good company with 26% of our respondents. Making a salary of GHS 6,000 and above? You’re one of the lucky few!
Hoping your salary will increase with age? It’s likely! Respondents aged 25-34 earned about GHS 1550 more than their counterparts aged 18-24.
Looks like getting a master’s degree can almost double your income! Attending a tertiary institution outside of Ghana can also mean a difference in median salary of GHS 1,150; perhaps this affords you greater leverage in salary negotiations?
Even though the majority of our respondents work in the accounting, banking, and finance industry, they aren’t making the highest salaries. If you work in business, consulting, and management, you’re among the highest earning of our respondents!
It’s the battle of the sexes! While women felt equally fairly paid and underpaid, 73% of them were unsatisfied with their salaries. On the other hand, men felt underpaid 62% of the time, and 62% of them were unsatisfied with their salaries.
There is a GHS 900 difference in the median salaries for men and women.
What do you think? Are these results different from what you expected?
Let us know in the comments or on social media using the hashtag #salarysurvey
*An earlier version of this post used average salaries rather than median salaries. To reduce the skewing from a few very high and very low salary responses, we’ve switched to using median salaries.*