A person working in Insurance in Djibouti typically earns around 273,000 DJF. Salaries range from 102,000 DJF (lowest average) to 533,000 DJF (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 Insurance domain in Djibouti 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 Insurance in Djibouti range from 102,000 DJF (starting average salary) to 533,000 DJF (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 Insurance is 252,000 DJF, implying that half of the workforce in Djibouti 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 Insurance in Djibouti earn less than 195,000 DJF, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 305,000 DJF, 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 Insurance in Djibouti. The analysis revealed that roughly 65% of all reported salaries fell within the range of 140,000 DJF to 236,000 DJF. Approximately 20% of salaries were below the 140,000 DJF mark, while 10% ranged from 236,000 DJF to 280,000 DJF. Only 5% of individuals earned a gross salary of 280,000 DJF or higher.