Elementary school teachers make an average of $51,720 per year. Teachers with a bachelor’s degree and no experience earn approximately $42,450 per year, while those with 20 years of experience can earn more than $66,000.
Elementary School Teacher Salary With Master’s Degree
How much money does an Elementary School Teacher make in Nigeria?
Average Monthly Salary
240,000 NGN
( 2,880,000 NGN yearly)
LOW
129,000
NGN AVERAGE
240,000
NGN HIGH
362,000
NGN
A person working as an Elementary School Teacher in Nigeria typically earns around 240,000 NGN per month. Salaries range from 129,000 NGN (lowest) to 362,000 NGN (highest).
This is the average monthly salary including housing, transport, and other benefits. Elementary School Teacher salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Elementary School Teacher Salary Distribution in Nigeria
Median and salary distribution monthly Nigeria Elementary School Teacher
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The median, the maximum, the minimum, and the range
Salary Range
Elementary School Teacher salaries in Nigeria range from 129,000 NGN per month (minimum salary) to 362,000 NGN per month (maximum salary).
Median Salary
The median salary is 221,000 NGN per month, which means that half (50%) of people working as Elementary School Teacher(s) are earning less than 221,000 NGN while the other half are earning more than 221,000 NGN. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Percentiles
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Elementary School Teacher(s) are earning less than 157,000 NGN while 75% of them are earning more than 157,000 NGN. Also from the diagram, 75% of Elementary School Teacher(s) are earning less than 268,000 NGN while 25% are earning more than 268,000 NGN.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
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Elementary School Teacher Salary Comparison by Years of Experience
How does experience and age affect your pay?
Salary comparison by years of experience monthly Nigeria Elementary School Teacher
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Elementary School Teacher salaries by experience level and this is what we found.
An Elementary School Teacher with less than two years of experience makes approximately 150,000 NGN per month.
While someone with an experience level between two and five years is expected to earn 190,000 NGN per month, 26% more than someone with less than two year’s experience.
Moving forward, an experience level between five and ten years lands a salary of 250,000 NGN per month, 32% more than someone with two to five years of experience.
“ On average, a person’s salary doubles their starting salary by the time they cross the 10 years* experience mark. ”
- Based on the average change in salary over time. Salary variations differ from person to person.
Additionally, Elementary School Teacher(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 295,000 NGN per month, 18% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 326,000 NGN per month, 11% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 347,000 NGN per month, 6% more than people with fifteen to twenty years of experience.
Elementary School Teacher average salary change by experience in Nigeria
0 – 2 Years
150,000 NGN
2 – 5 Years +26%
190,000 NGN
5 – 10 Years +32%
250,000 NGN
10 – 15 Years +18%
295,000 NGN
15 – 20 Years +11%
326,000 NGN
20+ Years +6%
347,000 NGN
Percentage increase and decrease are relative to the previous value
Typical Salary Progress for Most Careers
Salary Comparison By Experience Level
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Elementary School Teacher Salary Comparison By Education
How do education levels affect salaries?
Displayed below is the average salary difference between different Elementary School Teacher(s) who have the same experience but different education levels.
Salary comparison by education level monthly Nigeria Elementary School Teacher
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Elementary School Teacher salaries by education level in order to make a comparison.
When the education level is Bachelor’s Degree, the average salary of an Elementary School Teacher is 195,000 NGN per month.
While someone with a Master’s Degree gets a salary of 297,000 NGN per month, 53% more than someone having a Bachelor’s Degree degree.
Elementary School Teacher average salary difference by education level in Nigeria
Bachelor’s Degree
195,000 NGN
Master’s Degree +53%
297,000 NGN
Percentage increase and decrease are relative to the previous value
Is a Master’s degree or an MBA worth it? Should you pursue higher education?
A Master’s degree program or any post-graduate program in Nigeria costs anywhere from 1,690,000 Naira(s) to 5,080,000 Naira(s) and lasts approximately two years. That is quite an investment.
You can’t really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support the thoery. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Typical Salary Difference by Education for Most Careers
Salary Comparison By Education Level
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Elementary School Teacher Salary Comparison By Gender
Salary comparison by gender monthly Nigeria Elementary School Teacher
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Elementary School Teacher employees in Nigeria earn 9% less than their female counterparts on average.
Male
227,000 NGN
Female +10%
249,000 NGN
Percentage increase and decrease are relative to the previous value
Salary Comparison By Gender in Nigeria for all Careers
Salary comparison by gender monthly Nigeria
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Elementary School Teacher Average Annual Salary Increment Percentage in Nigeria
How much are annual salary increments in Nigeria for Elementary School Teacher(s)? How often do employees get salary raises?
Elementary School Teacher
Elementary School Teacher(s) in Nigeria are likely to observe a salary increase of approximately 10% every 20 months. The national average annual increment for all professions combined is 8% granted to employees every 19 months.