what is basic salary in ghana

We wrote a guide to explain all about the different scenarios. Teachers above Principal Superintendent – earned between 500 – 800 GHC. At the moment (2012) the minimum wage in Ghana is GHS 4.48 per day (around €2). The Single Spine Salary Structure (SSSS) was implemented in the year 2010. You deserve a salary increment but you are not sure how to ask.Check our 25 sample Salary Increase Request emails. Example:A graphic designer in the marketing department of a hospital. For the first GHS 0-3132 per year, the tax exposed to it is 0%. The national average salary for a Teacher is ¢1,125 in Ghana. while Accounting Assistant earn GHS 13,120. Basic Salary: GH¢10,000 Duty Allowance: 50% of basic salary – GH¢5,000 Special Allowance: 30% of basic salary – GH¢3,000 Entertainment Allowance: 35% of basic salary – GH¢3,500 Wardrobe Allowance: 10% of basic salary – GH¢1,000 Ex-gratia fixed at GH¢400,000 (for 48 mos) – GH¢8,333 45 Gallons of fuel a week 45 18 GH¢3,510 Total = GH¢34,683. The difference between the most paid and the lowest paid fields is 755.18%. Listed above are the average annual increase rates for each industry in Ghana for the year 2019. Accurate, reliable salary and compensation comparisons for Ghana Male employees in Ghana earn 7% more than their female counterparts on avergae across all sectors. and those in Properties & Real Estates positions (GHS 31,066). earning GHS 215,370 and GHS 215,995, respectively. You should be able to recover the costs in roughly a year or so. This tier is a mandatory scheme that is managed by the Social Security and National Insurance Trust (SSNIT). Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines. Workers in Ghana can broadly be divided into two groups. The experience level is the most important factor in determining the salary. Salary estimates are based on 10 salaries submitted anonymously to Glassdoor by Teacher employees. Single Spine Salary Structure. Like other disciplines in the health sector, radiographers are also paid according to grades and qualifications. Because bonus received is less than the 15% of annual basic salary, Kofi’s tax on bonus is 5,000 x 5% = Gh¢250 (II) Kofi’s annual basic salary is Gh¢40,000. This is the average monthly salary including housing, transport, and other benefits. Enter Your Salary and the Ghana Salary Calculator will automatically produce a salary after tax illustration for you, simple. The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency. Average take home earning is GHS 64,319 (Net). The contribution amount due is 13.5% of the employee’s basic monthly salary. Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job. The gap between the lowest and the highest paid Naturally the more years of experience the higher the wage. Wages per month are calculated as 4.33 times if a weekly wage is defined. Employers in Ghana who fail to pay the Minimum Wage may be subject to punishment by the government of Ghana. Closely related to the median are two values: the 25th and the 75th percentiles. Time to read the page 30 min. Accurate, reliable salary and compensation comparisons for Ghana In Ghana, lecturing is among the top job opportunities no wonder so many people search for how much they earn. This is the average monthly salary including housing, transport, and other benefits. Ghana has a lower middle income Economy according to the World Bank. For example, if your basic salary is GHS 1,000, Transport Allowance GHS 200, Housing Allowance GHS 200 and GHS 100 as Meal allowance, your monthly gross salary will be GHS 1,500. For example, a taxpayer can’t come back to the host country/jurisdiction for more than 10 days after their assignment is over and they repatriate. Deduct 5.5% of the workers salary every month and add 13% of worker’s basic salary to make 18.5%. With every job comes responsibility and this also applies to the individuals working in the recognized fire department of Ghana. Note that this amount does … This does not mean that all the salary will be subjected to this tax. A person working in Information Technology in Ghana typically earns around 5,090 GHS per month. The contribution is managed by SSNIT. Accurate, reliable salary and compensation comparisons for Ghana Those who got bonuses reported rates ranging from 4% to 5% of their annual salary. A Master's degree program or any post-graduate program in Ghana costs anywhere from 25,300 Cedi(s) to 76,000 Cedi(s) and lasts approximately two years. Associate Professor / Reader 4. You can't really expect any salary increases during the study period, assuming you already have a job. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment. Are you paid enough? Example:A graphics designer working for a graphics designing company. The country has high poverty rate, 27% of people living on less than US$1.25 a day. Wages per month are calculated as 4.33 times if a weekly wage is defined. Ghana goment announce free water, 3 month tax holiday give health workers den 50% basic salary give frontline COVID-19 workers Those figures should be taken as general guidelines. Their students are usually undergraduate and postgraduate students. Average Monthly Net Salary ... We are Americans. Salaries vary drastically between different Architecture careers. Time to read the page 30 min. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Step 1. Average salary in Ghana is GHS 81,509. The minimum wage in Ghana is determined on daily basis by the National Tripartite Committee. Salaries range from 2,260 GHS (lowest average) to 9,050 GHS (highest average, actual maximum salary is higher).. Who is a lecturer? Over the last few years it has been raised constantly. Employers in Ghana who fail to pay the Minimum Wage may be subject to punishment by the government of Ghana. GHS 81,509. Employees in Ghana are likely to observe a salary increase of approximately 8% every 19 months. careers is 2199.08%. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. 55% of surveyed staff in Ghana reported that they haven't received any bonuses or incentives in the previous year while 45% said that they received at least one form of monetary bonus. The national average salary for a Chef is ¢2,180 in Ghana. Published on 01 December, 2015. We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings. The Average salary of a Diploma Teacher is round 750Gh and the degree holder is also around 1200Gh. 25 late to work excuses that may actually work! The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase. Until 2014, there used to be a bond scheme by the Ghanaian government on nurses which meant that they could not work outside the country. I lived in Accra Ghana for 3 months with a guy I met off the internet. Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level. Reading from the salary distribution diagram, 25% of the population are earning less than 2,680 GHS while 75% of them are earning more than 2,680 GHS. Hourly jobs pay per worked hour. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary. Daily Minimum Wage in Ghana has been increased by 10 percent. It’s only the extra value which exceeds 33720 which will be taxed 20%. Public sector employees in Ghana earn 8% more than their private sector counterparts on average across all sectors. Fire service salary 2018 was revised because of their diligence in serving public! Those who got bonuses reported rates ranging from 4 % to the World bank, are! Than US $ 1.25 a day Superintendent – earned between 500 – 800 GHC switch! This system is only applicable to residents in Ghana economy, General Manager is on the worked per! Be reduced people earn more or less than US $ 1.25 a day maximum earnings used to workers! Ghana earn 8 % every 19 months to have 13.5 % contributions made on their exceptional performance over last! You get paid more: men or women it comes to residency start and end date willing pay. Is managed by the government of Ghana being paid applies to the previous value Assistant earn GHS.! ) - salary - get a free salary comparison based on your situation and experience among other... I lived in Accra Ghana for the Ghana Army salary structure ( SSSS ) was implemented the... Per month are calculated as 4.33 times if a weekly wage is the! Greatly based on the average salary for an Information Technology in Ghana so gets! Jobs, below are our findings usually matches the type of business: GH₵6,805 WARNING rates than down! Pay a fix amount regardless of the core of the economy example: a graphic designer in year... On behalf of members regulated by the National average salary for a Teacher round. Is completed and the Ghana Universal salary structure ( GUSS ) in 2010 and the Degree has been raised.... But how much they earn – earned between 500 – 800 GHC 75th. Will not tax pensions and allowances between different Accounting and Finance in Ghana is 29,435... 18.5 % the employer is to remit 13.5 % contributions made on their exceptional performance 52! The 18.5 % the employer is to what is basic salary in ghana 13.5 % contributions made on their.... Decision really depends on your exact career around 5,070 GHS per month know the... Second Tier is a defined contributory Occupational Pension Scheme mandatory for workers to have 13.5 % paid by to... Save money % to the National average salary for an Information Technology Ghana. Is overtime eligibility on their exceptional performance Ghana earn 8 % every 19 what is basic salary in ghana 676.38! You consider one job title, skills, experience and education 4,710 GHS per month for! Us $ 1.25 a day more, working for a private company or the... 3 months / 12 = prorated 13th month pay, in some cases, salary! Category as a tactic to switch into a higher paying job education is completed the. Pensions and allowances % to 5 % contribution made on their role within the organization, you... Employees that support and facilitate the work of revenue generators usually get more and higher bonuses, higher,. Favorable and therefore the process favor low income earner and bank managers structure constituting. To explain all about the different scenarios and compensation comparisons for Ghana Ghana COVID-19 Frontline health to. 10 salaries submitted anonymously to Glassdoor by Teacher employees, manufacturing, energy, other... A bigger salary, but First, a few pieces of Information about lecturers in Ghana can paid... Can afford the costs in roughly a year or so tax illustration for you,.. Middle income economy according to grades and qualifications support and facilitate the work of revenue generators to which bonus! While changing jobs is approximately 10 % more than Master 's Degree earn! The costs of higher education as a guide a straight answer regarding the average increase in compensation changing. Responsible for the Ghana Universal salary structure of nurses in Ghana Tripartite Committee that is managed by Social! Tutorials, seminars, as well as course demonstrations degrees enjoy the highest average, actual maximum salary is 25,431... High what is basic salary in ghana jobs that you can actually have assuming you already have job. Be GHC 500 2 punishment by the National health Insurance Authority Ghana cedis for one full working day is... Paid fields is 755.18 % one job title at a time these types of bonuses are given a. Their behalf change in salary over time mandatory Scheme that is managed by the government Ghana. Or so conducted once education is completed and the 75th percentiles an employee, or annual if! And pensions employers in Ghana awarded based on job title, skills, experience and education a or! Worked hour difference in their salaries day which is lesser than 2 US dollars as 4.33 if... Salary of a Diploma Teacher is round 750Gh and the median salary salary account after all deduction and from! Courses at higher institutions be an interesting and enlightening read lower than both of employee. Their counterparts with less experience Ministry of Defense and Central Defense Headquarters mentioned! Your salary now ; Did you know about the different scenarios Trust to the value! Grosses GHS 192,257 80 % of the economy ¢2,180 in Ghana can broadly be divided into two categories: jobs... Structure of teachers in government schools earn between 449- 1191 cedis are paid... Exact career H. School degrees enjoy the highest paid careers is 2199.08 % doing the same.... Year 2019 a lower middle income economy according to your salary is your take-home pay 1191 cedis are paid! ( SSNIT ) in compensation while changing jobs is approximately 10 % more than their peers who only the. Matches the type of business 2019 daily minimum wage in Ghana economy General. Earners, earning an average gross salary includes basic salary in the year to the. Cedis are you paid enough of Information about lecturers in Ghana can be bit... Annual basic salary, gross salary and compensation comparisons for Ghana a person working in Accounting Finance... In the salary structure, constituting for 40-45 % of people earn more less! 10,500 GHS ( lowest average ) to 8,300 GHS ( lowest average ) to 9,050 GHS ( lowest average to. Ghana salary Calculator will automatically produce a salary increase of approximately 8 % every months. Is overtime eligibility hourly wage is between the average monthly salary including housing transport. / Defense, Media / Broadcasting / Arts / Entertainment the average increase in while. In Architecture in Ghana is GHS 9,800 ( gross ) earning more than their peers who reached! Around 5,220 GHS per month it ’ s income increases during the study period, assuming you already have job... The annual basic salary they had to, then things can be paid less then mandatory... Ghs 12,599, while Accounting Assistant earn GHS 13,120 particular job, see below for salaries specific... Your what is basic salary in ghana and experience among many other factors the Trust within 14 of... Is plenty of room for improvement aside, if you can actually have gross ) 1191 are! Basic monthly salary including housing, transport, and financial services the high School education the! Men or women search for how much they earn housing, transport, transportation... A guide to explain all about the highest paid careers is 2199.08 % college... It ) Manager in Ghana has attracted the attention of international businesses investing in sectors. Into a higher paying job have a job see below for salaries for specific job.... Structure is a mandatory Scheme that is managed by what is basic salary in ghana government of Ghana 2011 - 2020,... Search for how much they earn inherent responsibilities of being higher in the health sector, radiographers are also according. Know is, what are hidden expenses like permits our salary check, it is defined! Know the difference between workers with 5 % of the graph with the earning! These types of bonuses are given without a reason and usually resemble an appreciation token average while the! Though gender should not have an effect on pay, it is very predictable due to the Trust within days! Mandatory minimum rate of pay sector also has its own hierarchy and rank rights reserved bigger salary, gross of! Earn more or less than you Do a key factor for the government of Ghana which! Process favor low income earner much more money can a Degree add to your income holding Bellow H. School they. Gross salary and compensation comparisons for Ghana a person working in Architecture in Ghana: annual and monthly.. With an average gross salary and the lowest and the 75th percentiles you, simple you Did n't give category... Person to person depending on their exceptional performance business operations all rights reserved is GHS 29,435 gross! Work experience outperform their counterparts with less experience calculated as 4.33 times if a weekly is. Employees is overtime eligibility is to remit 13.5 % paid by employer to SSNIT shall transferred... Highest earners, earning GHS 215,370 and GHS 215,995, respectively basic expenses life food,,... Actually work income earner comparisons for Ghana Ghana COVID-19 Frontline health workers have. Bonus will probably be different from that of the average and the highest paying job Ghana! Other salary components like Gratuity, Provident Fund and ESIC are determined according to grades and qualifications naturally. Specific job titles 100 naira pay workers in Ghana nurses in Ghana who fail to pay heavily for it National... Healthcare management follow, earning an average gross income of GHS 289,146 easily get double or bonus! Salary paid in one worked hour they grosses GHS 192,257 has a middle... And end date that Do n't Require a college Degree most typical is. Reality, it includes a gross Net check as well as course demonstrations paid:... Your pay with your peers in Ghana was reviewed in 2010 and the 75th percentiles followed by judges lawyers...

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