The minimum pay rate per hour for 'Web Editor' in Tanzania is 2,880 TZS.
Salaried employees are usually exempt from overtime as opposed to hourly paid staff. One major difference between salaried employees and hourly paid employees is overtime eligibility. The figures mentioned above are good approximations and are considered to be the standard. The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. 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). Salaried jobs pay a fix amount regardless of the hours worked. Usually jobs are classified into two categories: salaried jobs and hourly jobs. The hourly wage is the salary paid in one worked hour.
Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 ) The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation. Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. Their expertise is usually different from that of the core business operations.Ī graphics designer working for a graphics designing company.Ī graphic designer in the marketing department of a hospital. Their field of expertise usually matches the type of business.Įmployees that support and facilitate the work of revenue generators. What makes a position worthy of good bonuses and a high salary? The main two types of jobsĮmployees that are directly involved in generating revenue or profit for the organization. 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. People tend to confuse bonuses with commissions. Only 5% of people grossed 971,000 TZS or more. Ten percent of wages are from 856,000 TZS to 971,000 TZS. Approximatly 20% fall under the 601,000 TZS cap. Around 65% of all reported figures are in the range 601,000 TZS to 856,000 TZS. This method is more accurate than just the average salary and gives more insights on how salaries are actually distributed. We grouped the most common and recurring salaries into brackets to give more insight into what salary to expect. Also from the diagram, 75% of Web Editor(s) are earning less than 1,120,000 TZS while 25% are earning more than 1,120,000 TZS. Reading from the salary distribution diagram, 25% of Web Editor(s) are earning less than 796,000 TZS while 75% of them are earning more than 796,000 TZS. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.Ĭlosely related to the median are two values: the 25th and the 75th percentiles. The median represents the middle salary value. The median salary is 977,000 TZS per month, which means that half (50%) of people working as Web Editor(s) are earning less than 977,000 TZS while the other half are earning more than 977,000 TZS. This is not the minimum wage as per the law, only the lowest reported number in the salary survey that had thousands of participants and professionals from all over the country.
Web Editor salaries in Tanzania range from 499,000 TZS per month (starting salary) to 1,630,000 TZS per month (maximum salary). Salary Range, Minimum Wage, and Starting Salary.Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
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