A person working in Independent Jobs in Cape Verde typically earns around 213,000 CVE. Salaries range from 170,000 CVE (lowest average) to 273,000 CVE (highest average, actual maximum salary is higher).
The provided figure represents the median compensation that encompasses housing, transportation, and other perks. The salaries within the Independent Jobs domain in Cape Verde exhibit significant discrepancies across various professions. In case you seek information about the remuneration of a specific position, please refer to the salaries listed below for respective job titles.
Salaries in Independent Jobs in Cape Verde range from 170,000 CVE (starting average salary) to 273,000 CVE (maximum average salary, actual maximum is higher). To clarify, the number presented is not the legally mandated minimum wage. Rather, it represents the lowest figure reported in a salary survey that involved thousands of participants and professionals from across the entire country.
The median income in the field of Independent Jobs is 215,000 CVE, implying that half of the workforce in Cape Verde earns less than this figure, and the other half earns more. It represents the central value of salaries. As a rule of thumb, you would prefer to be part of the group earning above the median wage, situated on the right-hand side of the salary distribution chart.
Two values that are highly correlated with the median are the 25th and 75th percentiles. By examining the salary distribution diagram, it is possible to determine that 25% of individuals employed in Independent Jobs in Cape Verde earn less than 200,000 CVE, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 228,000 CVE, while 25% earn more than that.
Data was regrouped into brackets to provide a better understanding of what salaries can be expected. This approach was deemed more accurate than relying solely on the average salary, as it offers greater insights into the distribution of salaries in the field of Independent Jobs in Cape Verde. The analysis revealed that roughly 65% of all reported salaries fell within the range of 186,000 CVE to 209,000 CVE. Approximately 20% of salaries were below the 186,000 CVE mark, while 10% ranged from 209,000 CVE to 220,000 CVE. Only 5% of individuals earned a gross salary of 220,000 CVE or higher.