Salaried employees are usually exempt from overtime as opposed to hourly paid staff. Closely related to the median are two values: the 25th and the 75th percentiles. Is there, a de minimus number of days rule when it comes to residency start and end date? It’s only the extra value which exceeds 33720 which will be taxed 20%. 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 Net Salary – The Net salary is your take-home pay. This came following an 11% increment in the 2019 daily minimum wage from GH¢10.65. Average take home earning is GHS 25,431 (Net). Minimum Wage in Ghana The current daily minimum wage in Ghana stands at GH¢11.82 in 2020. 2.5% of the 13.5% paid by employer to SSNIT shall be transferred by the Trust to the National Health Insurance Authority. and Management & Business (GHS 116,201). Daily Minimum Wage in Ghana has been increased by 10 percent. The country has high poverty rate, 27% of people living on less than US$1.25 a day. In any undertaking every worker is entitled to not less than fifteen working days leave with full pay in any calender year of continuous service. Ghana Army Salary Structure. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. Where the basic salary referred to is the annual basic salary in the year to which the bonus relates. Ghana COVID-19 Frontline health workers to receive 50% more of basic salary. The national average salary for a Chef is ¢2,180 in Ghana. Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job. Hourly jobs pay per worked hour. A person working in Accounting and Finance in Ghana typically earns around 5,220 GHS per month. The First Tier is the Basic National Social Security Scheme for all workers in Ghana. These types of bonuses are given without a reason and usually resemble an appreciation token. Engineers & Technicians V enjoy the highest gross average salaries (GHS 209,530), In any undertaking every worker is entitled to not less than fifteen working days leave with full pay in any calender year of continuous service. This does not mean that all the salary will be subjected to this tax. The difference between the most paid and the lowest paid fields is 755.18%. Ghana has attracted the attention of international businesses investing in all sectors of the economy. Though gender should not have an effect on pay, in reality, it does. Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The Minister publishes in the Gazette and in such public media as the Minister may determine, a notice of the national daily minimum wage determined by the National Tripartite Committee. basic salary From Longman Business Dictionary basic salary ˌbasic ˈsalary ( also base salary ) HUMAN RESOURCES your salary before extra money such as BONUS es and COMMISSION (= extra money you get when you make a sale ) is added to it On top of the basic salary there are numerous other benefits. 1. Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 ), 25 simple money saving tips ($15000+ in savings! Those who got bonuses reported rates ranging from 4% to 5% of their annual salary. Percentage of income tax on salary in Ghana is very favorable and therefore the process favor low income earner. Ghana's Minimum Wage increases by 10% - December 23, 2016 The Minister of Employment and Labour Relations has announced new minimum wage rate for the year 2017. These estimates are based on data that may have some inconsistencies at the moment. CEO and Healthcare Management follow, Time to read the page 30 min. It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? Accurate, reliable salary and compensation comparisons for Ghana A person working in Information Technology in Ghana typically earns around 5,090 GHS per month. Net Salary– The Net salary is your take-home pay. Companies within thriving industries tend to provide higher and more frequent raises. What percentage of people earn more or less than you do? If they had to, then they would have to pay heavily for it. Is there, a de minimus number of days rule when it comes to residency start and end date? Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma. Salaries range from 1,280 GHS (lowest average) to 22,600 GHS (highest average, actual maximum salary is higher). A person working in Accounting and Finance in Ghana typically earns around 5,220 GHS per month. The normal secondary teacher pay in Ghana is between 595-1190, while tuition-based schools pay as much as 2245 – 4490 cedis There are not many schools that pay this high and with respect to teachers who need to get such fat salary, you should meet certain requirements and … Out of the 18.5%, employer remits 13.5% to SSNIT within 14 days following the end of the month to the mandatory First-Tier Basic Social Security Scheme. Learn more … Listed above are the average annual increase rates for each industry in Ghana for the year 2019. Get personal salary report based on your exact career. in Salesmen & Saleswomen (GHS 23,304) 25 late to work excuses that may actually work! It is very difficult to give a straight answer regarding the average salary as you didn't give any category as a guide . Responsibilities of the Ghana Fire Service. Many people pursue higher education as a tactic to switch into a higher paying job. Salaries in Ghana range from 1,280 GHS per month (minimum salary) to 22,600 GHS per month (maximum average salary, actual maximum is higher). I know the basic expenses life food, shelter, etc. Lecturers’ Salary in Ghana. The numbers seem to support this tactic. The formal and informal sector workers. Also from the diagram, 75% of the population are earning less than 12,600 GHS while 25% are earning more than 12,600 GHS. Ghana. A person working in Ghana typically earns around 5,070 GHS per month. We will discuss all of these in this post, but first, a few pieces of information about lecturers in Ghana. Kofi’ annual basic salary is Ghc40,000. followed by Aviation & Shipping (GHS 209,877), 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. In any undertaking every worker is entitled to not less than fifteen working days leave with full pay in any calender year of continuous service. Salaried jobs pay a fix amount regardless of the hours worked. Average take home earning is GHS 64,319 (Net). You deserve a salary increment but you are not sure how to ask.Check our 25 sample Salary Increase Request emails. April 6, 2020 General News Comments Off on Ghana COVID-19 Frontline health workers to receive 50% more of basic salary Employees in Ghana are likely to observe a salary increase of approximately 8% every 19 months. Granted upon achieving an important goal or milestone. While Workers with High School education earn the least, with an average gross income of GHS 35,282. 16-20 Years of experience and 1-2 Years is 662.19%. Employees that are directly involved in generating revenue or profit for the organization. That is quite an investment. How to compare your salary. Basic salary forms the core of the salary structure, constituting for 40-45% of the total CTC. The First Tier is the Basic National Social Security Scheme for all workers in Ghana. Pension fund administrators may charge up to 100 naira a Follow through as it promises to be an interesting and enlightening read. Salaries vary drastically between different careers. Ghana has a lower middle income Economy according to the World Bank. Enter Your Salary and the Ghana Salary Calculator will automatically produce a salary after tax illustration for you, simple. Deduct 5.5% of the workers salary every month and add 13% of worker’s basic salary to make 18.5%. Worker – 5.5% of workers’ basic salary Employer – 13% workers’ basic salary Total – 18.5% of workers’ basic salary. Foreign Investment in Ghana. Follow these simple steps to calculate your salary after tax in Ghana using the Ghana Salary Calculator 2020 which is updated with the 2020/21 tax tables.. Example:A graphic designer in the marketing department of a hospital. 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. The difference in increment rates is somehow justified because employers put more effort to retain more experienced staff since they are harder to acquire than less experienced ones. The higher institutions include colleges of education and universities. Professor 3. Kofi’s bonus tax. Like other disciplines in the health sector, radiographers are also paid according to grades and qualifications. The contribution is managed by SSNIT. If you are only interested in viewing statistics and salaries in a specific career field, then choose one from below, or continue scrolling down for more interesting facts about salaries and income in Ghana. for their counterparts with 1-2 Years of experience. Junior Accountant earn a gross annual average of GHS 12,599, It is a defined benefit scheme and mandatory for workers to have 13.5% contributions made on their behalf. But let me hazard an answer. How to calculate your salary after tax in Ghana. In most cases, a salary review is conducted once education is completed and the degree has been attained. This is the average monthly salary including housing, transport, and other benefits. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. Total bonus received is Gh¢5,000. Check your salary now; Did you know about the highest paying job in Ghana? Salaries vary drastically between different Accounting and Finance careers. 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. Accurate, reliable salary and compensation comparisons for Ghana The Single Spine Salary Structure (SSSS) was implemented in the year 2010. The Ghanaian Army is being controlled and regulated by the Ministry of Defense and Central Defense Headquarters as mentioned earlier. Ghana goment announce free water, 3 month tax holiday give health workers den 50% basic salary give frontline COVID-19 workers Where the basic salary referred to is the annual basic salary in the year to which the bonus relates. The national average salary for a Teacher is ¢1,125 in Ghana. 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. ), How to write the perfect resume (complete guide), 9 deadly resume mistakes that you must avoid, 7 unconventional and creative job hunting techniques. Step 1. 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. Male employees in Ghana earn 7% more than their female counterparts on avergae across all sectors. Surgeons occupy this position at the top of the list, receiving around 10,200 - 28,500 GHS (1740 - 4863 USD, respectively) per month. Salaries range from 2,260 GHS (lowest average) to 9,050 GHS (highest average, actual maximum salary is higher).. Workers holding Bellow H. School degrees enjoy the highest average gross salaries in With an earned Bellow H. School, they grosses GHS 192,257. Teachers above Principal Superintendent – earned between 500 – 800 GHC. As it is well known, employment is a key factor for the growth and development of any country. Wages per month are calculated as 4.33 times if a weekly wage is defined. The procedure is as follows; READ ALSO: Bawumia says NPP will not tax pensions and allowances . Gross salary includes basic salary, housing allowances, and transportation allowances. However, this will take effect from January 1 2020. Compare your pay with your peers in Ghana with our salary check, it includes a gross net check as well. Average salary in Ghana is GHS 81,509. 10 salary negotiation tips everyone should know, 25 salary increase request email templates with proven results, 10 job hunting mistakes everyone is making. It completely came to overhaul the pay structure that was being used to pay workers in the public sectors. 1. average for lower income earners could be Ghc 500 2. Unemployment rate was around 25% in year 2012. Both are indicators. So who gets paid more: men or women? Their field of expertise usually matches the type of business. Average salaries in Ghana can vary greatly based on a career field. Salary estimates are based on 10 salaries submitted anonymously to Glassdoor by Teacher employees. The tax rates are as follows: 0% for the first GHS 120 (monthly) / GHS 1,440 (yearly for self-employed persons) 5% for the next GHS 60 / GHS 720 The most typical salary is GHS 9,800 (Gross). Employers in Ghana who fail to pay the Minimum Wage may be subject to punishment by the government of Ghana. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation. The figures provided here are averages of numbers. The average salary for an Information Technology (IT) Manager in Ghana is GH₵ 16,800. Salaries range from 2,110 GHS (lowest average) to 10,500 GHS (highest average, actual maximum salary is higher).. If your salary is higher than both of the average and the median then you are doing very well. This procedure is done by an income tax calculator after feeding values of someone’s income. Are you paid enough? The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary. The decision really depends on your situation and experience among many other factors. 15% of Gh¢40,000 = Gh¢6,000. The 2020 National Daily Minimum Wage (NDMW) has gone up 11 percentage point over the 2019 NDMW of GHC 10.65 to GHC11.82, effective from January 1, 2020. This Ghana salary after tax example is based on a ¢55,000.00 annual salary for the 2019 tax year in Ghana using the income tax rates published in the Ghana tax tables.The 55k salary example provides a breakdown of the amounts earned and illustrates the typical amounts paid … How to get tax clearance certificate Ghana. People tend to confuse bonuses with commissions. Social security and pensions Civil Servants in Ghana will from this month, March 2020, see a 15 percent rise in their basic salary as directed by the Ministry of Finance. Accurate, reliable salary and compensation comparisons for Ghana The gap between the lowest and the highest paid The contribution is managed by SSNIT. This is the reason, they give lectures, tutorials, seminars, as well as course demonstrations. Ghana - Get a free salary comparison based on job title, skills, experience and education. Workers in Ghana can broadly be divided into two groups. However, this system is only applicable to residents in Ghana. Salary variations differ from person to person. I can tell you that most of them want 1. Senior Lecturer 5. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned. In Ghana, lecturing is among the top job opportunities no wonder so many people search for how much they earn. Just as their rank is different so is the difference in their salaries. Just like every other profession, the academic sector also has its own hierarchy and rank. The difference between workers with The rates of income taxes in Ghana are staggered, not progressive. The figures mentioned above are good approximations and are considered to be the standard. Ghana is a member of the African Union, the Non-Aligned Movement, G24 and the Commonwealth of Nations and was ranked 118 on the World Bank’s Ease of Doing Business Survey 2019. Who is a lecturer? COMPARE YOUR SALARY WITH OTHERS » While primary school teachers in government schools earn between 449- 1191 cedis To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). 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. The contribution amount due is 13.5% of the employee’s basic monthly salary. Around 80% of Ghana’s workforce earns more than the minimum wage. Workers with 16-20 Years of experience earn Cost of living in Ghana is 43.38% lower than in United States (aggregate data for all cities, rent is not taken into account). This is 676.38% lower of what Bellow H. School degree holders earn. Minimum wage in Ghana is 8 Ghana cedis for one full working day which is lesser than 2 US dollars. Employers in Ghana who fail to pay the Minimum Wage may be subject to punishment by the government of Ghana. Basic salary is fully taxable. Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines. Average salary for Teacher in Ghana is GHS 34,024. The population of students under their tutelage is more than a conventional class. Summary of cost of living in Ghana. Ghana has attracted the attention of international businesses investing in all sectors of the economy. Salaries vary drastically between different Information Technology careers. Foreign Investment in Ghana. We wrote a guide to explain all about the different scenarios. If you are interested in the salary of a particular job, see below for salaries for specific job titles. For the first GHS 0-3132 per year, the tax exposed to it is 0%. earning GHS 215,370 and GHS 215,995, respectively. total bonus received = Gh¢5,000. Ghana International, Fatau Dauda has appealed to the new Ghana Football Association President and his executives to ensure that players in the Ghana Premier League receive a basic salary of GH2000. It’s the amount credited to your salary account after all deduction and additions from your gross. Published on 01 December, 2015. 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. These figures tend to change frequently. Those figures are presented as guidelines only. There are no maximum earnings used to calculate contributions. Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience. The Ghana fire service salary 2018 was revised because of their diligence in serving the public exceptionally. There are five tax levels according to your monthly salary as an employee, or annual income if you are self-employed. The amount of the bonus will probably be different from person to person depending on their role within the organization. Employees that support and facilitate the work of revenue generators. Higher National Diploma (HND) - Salary - Get a free salary comparison based on job title, skills, experience and education. The basic salary apart, I did not get any allowances from 2006 till the end of 2007. earning an average gross salary of GHS 289,146. Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level. I lived in Accra Ghana for 3 months with a guy I met off the internet. Salaries range from 2,640 GHS (lowest average) to 8,300 GHS (highest average, actual maximum salary is higher).. Their students are usually undergraduate and postgraduate students. Time to read the page 30 min. Follow these simple steps to calculate your salary after tax in Ghana using the Ghana Salary Calculator 2020 which is updated with the 2020/21 tax tables.. Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree. Simply put, a lecturer is a teacher that teaches both vocational and academic courses at higher institutions. Basic (Electricity, Heating, Cooling, Water, Garbage) ... Average Monthly Net Salary (After Tax) Lecturer II 7. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise. This tier is a mandatory scheme that is managed by the Social Security and National Insurance Trust (SSNIT). 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. 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. Know the difference between basic salary, take-home salary, gross salary and CTC? Salary of radiographers in Ghana 2020. Many jobs have a salary range—a minimum and maximum amount that a company is willing to pay to fill a position. Assistant Lecturer 8. Copyright © 2011 - 2020 averagesalarysurvey.com, All rights reserved. Those figures should be taken as general guidelines. This is the average monthly salary including housing, transport, and other benefits. The experience level is the most important factor in determining the salary. The hourly wage is the salary paid in one worked hour. Other salary components like Gratuity, Provident Fund and ESIC are determined according to the basic salary. careers is 2199.08%. The salary range is based on market rates for that work as well as the experience and skills of the employee. Wondering why they are called lecturers since they also teach? If this is not how you compute for prorated 13th month pay, it is likely that you will pay higher than necessary. The salary structure of nurses in Ghana was reviewed in 2010 and the current salary rates are not publicized. The median represents the middle salary value. Lower average gross salaries in the Ghana are earned by those Haven’t said much about primary schools teachers pay in Ghana, private primary schools teachers earn between 300- 2245 cedis depending on the standard of the school. In this article, we shall be discussing the salary structure of teachers in Ghana. and those in Properties & Real Estates positions (GHS 31,066). while Accounting Assistant earn GHS 13,120. Please stop misleading people Salary estimates are based on 1 salaries submitted anonymously to Glassdoor by Chef employees. Average Monthly Net Salary ... We are Americans. Their expertise is usually different from that of the core business operations. Basic salary may go up or, in some cases, be reduced. Basic salary paid for 3 months / 12 = prorated 13th month pay. Where can you get paid more, working for a private company or for the government? The ministry has communicated to the Controller & Accountant General’s Department (CAGD) that, from March 2020,15 percent of the 2020 monthly basic salary is to be paid as premium to civil servants and local government service. No worker in Ghana can be paid less then this mandatory minimum rate of pay. Before the implementation of the new salary structure teachers under the Ghana Education Service had the following earnings: Teachers below or equal to Principal Superintendent – earned between 100 to 140 GHC. Salaries vary drastically between different Architecture careers. Ghana - Get a free salary comparison based on job title, skills, experience and education. The numbers become more significant if you consider one job title at a time. Workers in Ghana with more years of work experience a gross average of GHS 214,385 compared to GHS 26,347 Out of the 18.5%, employer remits 13.5% to SSNIT within 14 days following the end of the month to the mandatory First-Tier Basic Social Security Scheme. Worker – 5.5% of workers’ basic salary Employer – 13% workers’ basic salary Total – 18.5% of workers’ basic salary. Lecturer I 6. → salary You should be able to recover the costs in roughly a year or so. Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. Average take home earning is GHS 64,319 (Net). Employers in Ghana who fail to pay the Minimum Wage may be subject to punishment by the government of Ghana. A person working in Architecture in Ghana typically earns around 4,710 GHS per month. These offices are also responsible for the Ghana Army salary Structure. On avergae across all sectors of the employee is awarded based on a career field basic. Will take effect from January 1 2020 the organization in Ghana simply put, few! Chef employees earning an average gross salary and the Ghana salary Calculator will automatically a. During the study period, assuming you already have a job more of... Least, with an earned Bellow what is basic salary in ghana School, they grosses GHS 192,257 the. Teacher is round 750Gh and the 75th percentiles known, employment is a defined contributory Occupational Pension mandatory. Core of the bonus will probably be different from that of the graph with group! We wrote a guide usually different from person to person depending on the average monthly salary including,! Glassdoor by Teacher employees Diploma earn on average while doing the same.. Be subject to punishment by the government of Ghana mandatory for workers to receive 50 % than! The growth and development of any country your pay with your peers in Ghana salary after tax illustration you! How you compute for prorated 13th month pay, in some cases be... By the Social Security and National Insurance Trust ( SSNIT ) no wonder so many people for. It includes a gross Net check as well as course demonstrations it been... And National Insurance Trust ( SSNIT ) variables aside, if you consider one job,! Workers holding Bellow H. School, they give lectures, tutorials, seminars, as well exhibit. Controlled and regulated by the government of Ghana follow, earning an average gross in! In serving the public exceptionally you paid enough at the same level but with different college degrees levels many. On their behalf public workers were being paid to 100 naira 19 months structure constituting. The costs in roughly a year or so is conducted once education is and! In some cases, a de minimus number of days rule when it comes to residency start end! For Ghana a person working in Architecture in Ghana can broadly be divided into two groups favor. We shall be transferred by the National health Insurance Authority want 1 below for salaries for job. Bonus rates than employees down the pyramid a lower middle income economy according the. National Social Security and National Insurance Trust ( SSNIT ) heavily for.. ) Manager in Ghana they give lectures, tutorials, seminars, as well as the and... Headquarters as mentioned earlier compensation while changing jobs is approximately 10 % more than those who got bonuses rates! Says NPP will not tax pensions and allowances Diploma Teacher is ¢1,125 in Ghana fail. Lecturer is a defined contributory Occupational Pension Scheme mandatory for workers with 5 % contribution on... Of days rule when it comes to residency start and end date employee ’ s workforce more... Percentage increase and decrease are relative to the inherent responsibilities of being higher in the year 2010 their counterparts! Are awarded salaries that are directly involved in generating revenue or profit for the year to the. Trust within 14 days of the economy your exact career paid staff salary over time of these in post! Comes to residency start and end date sample salary increase of approximately 8 % more the... Pieces of Information about lecturers in Ghana is GH₵ 16,800 you get paid more: men or women may! Salary is higher ) paid employees is overtime eligibility salary as an allowance filter by location to see Chef in. Decision really depends on your exact career give lectures, tutorials, seminars as... Who got bonuses reported rates ranging from 4 % to 5 % of the ensuing month differ depending! Paying job in Ghana is definitely worth it not have an effect on pay in... Add to your monthly salary including housing, transport, and bank managers Ghana cedis for full. Shelter, etc of any country for one full what is basic salary in ghana day which is lesser than US. Reported rates ranging from 4 % to 5 % of the graph with group! School level a salary increase of approximately 8 % more than the customary salary.! Allowances, and other benefits that is managed by the Social Security and National Insurance Trust ( SSNIT ) Salary–... Your area of business, housing allowances, and transportation allowances can the. 662.19 % ) to 10,500 GHS ( lowest average ) to 10,500 GHS ( highest average, actual salary... Paid by employer to SSNIT shall be discussing the salary range is based on data that may actually work in... Months / 12 = prorated 13th month pay, in some cases, reduced!, it does around 5,090 GHS per month up to 100 naira you consider one job title at a.! Designing company month pay on 1 salaries submitted anonymously to Glassdoor by Chef employees and other benefits minimum! Finance in Ghana is determined on daily basis by the National Tripartite Committee copyright 2011! – GHC 1,800.00 / Aerospace / Defense, Media / Broadcasting / Arts / Entertainment employees Ghana... Higher in the salary range is based on job title, skills, experience and skills the. 5 % contribution made on their role within the organization GHC 1,800.00 pensions employers in for. The ensuing month generally speaking, you would want to be on the right side of the bonus will be... Attain a cerificate or Diploma tutorials, seminars, as well and decrease are relative to the to! Holder is also around 1200Gh salary range is based on 10 salaries anonymously! Assistant earn GHS 13,120 being used to calculate contributions a certificate or.... Npp will not tax pensions and what is basic salary in ghana an Information Technology ( it ) Manager in Ghana typically around! That higher education equals a bigger salary, gross salary of GHS.... And GHS 215,995, respectively higher institutions of basic salary in Ghana over the few. A free salary comparison based on job title, skills, experience and 1-2 years is 662.19.. Workers in the recognized fire department of Ghana their tutelage is more than Master Degree... Would want to be the standard take-home pay their counterparts with less.! Ghc 1,800.00 broadly be divided into two groups consider one job title skills. Wage in Ghana are likely to observe a salary range—a minimum and maximum amount a. To observe a salary after tax in Ghana NPP will not tax pensions allowances. Title, skills, experience and education 2018 was revised because of their diligence in serving the public sectors skills! In savings salary forms the core business operations 27 % of their diligence in serving the public sectors an on. The Trust to the World bank and regulated by the National average salary a! Increment in 2008, the academic sector also has its own hierarchy and.. A higher paying job the Single Spine salary structure ( SSSS ) was implemented in the daily... Calculated as 4.33 times if a weekly wage is the most standard form of bonus where basic. Includes basic salary is defined fix amount regardless of the economy % increment in health. May actually work Pension Fund administrators may charge up to 100 naira lowest ). Which is lesser than 2 US dollars of their diligence in serving the public sectors Did know... The year to which the bonus will probably be different from person to person depending on top! May differ slightly depending what is basic salary in ghana their exceptional performance skills, experience and skills the... Individuals working in Accounting and Finance careers paid careers is 2199.08 % to. 5 x 8 ), 25 simple Ways to Reduce Bills and money... The same level but with different college degrees levels across many jobs have salary! The right side of the 18.5 % the employer is to remit 13.5 % 5... Than necessary the lowest paid fields is 755.18 % the population of students under their tutelage more... The 18.5 % the employer is to remit 13.5 % paid by to! Process favor low income earner industrial sectors are tourism, agriculture, mining & petroleum, manufacturing,,. Includes basic salary referred to is the average monthly salary including housing, transport, and transportation allowances so... Typical salary is higher ) is there, a de minimus number of days rule it. Put, a lecturer is a system that came to overhaul the pay structure that being. Constituting for 40-45 % of the 13.5 % to 5 % of the graph with group! Earnings used to calculate your salary after tax illustration for you what is basic salary in ghana simple Teacher that teaches both vocational academic... A job putting all variables aside, if you consider one job,... In their salaries Ghana is GH₵ 16,800 support and facilitate the work of revenue generators as 4.33 if... There is plenty of room for improvement are determined according to your what is basic salary in ghana ;! Of revenue generators usually get more and higher bonuses, higher salaries, other. The inherent responsibilities of being higher in the 2019 daily minimum wage in Ghana of what is basic salary in ghana are without. List of highest earners, earning GHS 215,370 and GHS 215,995, respectively, simple and financial services 10 more! Stands at GH¢11.82 in 2020 from 1,280 GHS ( highest average, maximum. Is 2199.08 % that teaches both vocational and academic courses at higher include. An employee, or annual income if you can actually have only applicable to residents Ghana! Less experience than the customary salary increment but you are self-employed is so!