Orthodontist Highest Salary
Orthodontists are the highest paid dentists in the United States. They earn an average salary of $161,000 per year, according to the Bureau of Labor Statistics.
Dentists who specialize in orthodontics have an average annual salary of $161,000. Orthodontists are dental specialists who correct dental problems related to jaw and facial structure. Their patients may be children or adults.
Orthodontist Job Description
Orthodontists diagnose and treat malocclusions (misalignments) of teeth and jaws, as well as the causes of these problems. They also perform surgical procedures such as tooth extraction, bone grafting and implant placement, nasal septum reshaping surgery and craniofacial surgery (the reshaping of the face). The job description for this role is quite broad, so it could be difficult to summarize all the tasks that are involved in this position without going into too much detail about each step that needs to be taken at each stage within the process; however it does seem like there would be many different kinds of activities involved in order for someone working within this field to carry out their duties effectively on a daily basis
Orthodontist Highest Salary
How much money does an Orthodontist make in Nigeria?
Average Monthly Salary
1,010,000 NGN
( 12,100,000 NGN yearly)
LOW
463,000
NGN AVERAGE
1,010,000
NGN HIGH
1,600,000
NGN
A person working as an Orthodontist in Nigeria typically earns around 1,010,000 NGN per month. Salaries range from 463,000 NGN (lowest) to 1,600,000 NGN (highest).
This is the average monthly salary including housing, transport, and other benefits. Orthodontist salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Orthodontist Salary Distribution in Nigeria
Median and salary distribution monthly Nigeria Orthodontist
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The median, the maximum, the minimum, and the range
Salary Range
Orthodontist salaries in Nigeria range from 463,000 NGN per month (minimum salary) to 1,600,000 NGN per month (maximum salary).
Median Salary
The median salary is 1,090,000 NGN per month, which means that half (50%) of people working as Orthodontist(s) are earning less than 1,090,000 NGN while the other half are earning more than 1,090,000 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 Orthodontist(s) are earning less than 698,000 NGN while 75% of them are earning more than 698,000 NGN. Also from the diagram, 75% of Orthodontist(s) are earning less than 1,450,000 NGN while 25% are earning more than 1,450,000 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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Orthodontist Salary Comparison by Years of Experience
How does experience and age affect your pay?
Salary comparison by years of experience monthly Nigeria Orthodontist
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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 Orthodontist salaries by experience level and this is what we found.
An Orthodontist with less than two years of experience makes approximately 526,000 NGN per month.
While someone with an experience level between two and five years is expected to earn 702,000 NGN per month, 34% more than someone with less than two year’s experience.
Moving forward, an experience level between five and ten years lands a salary of 1,040,000 NGN per month, 48% 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, Orthodontist(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 1,260,000 NGN per month, 22% 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 1,380,000 NGN per month, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 1,490,000 NGN per month, 8% more than people with fifteen to twenty years of experience.
Orthodontist average salary change by experience in Nigeria
0 – 2 Years
526,000 NGN
2 – 5 Years +34%
702,000 NGN
5 – 10 Years +48%
1,040,000 NGN
10 – 15 Years +22%
1,260,000 NGN
15 – 20 Years +9%
1,380,000 NGN
20+ Years +8%
1,490,000 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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Orthodontist Salary Comparison By Gender
Salary comparison by gender monthly Nigeria Orthodontist
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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 Orthodontist employees in Nigeria earn 22% more than their female counterparts on average.
Male
1,110,000 NGN
Female -18%
908,000 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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Orthodontist Average Annual Salary Increment Percentage in Nigeria
How much are annual salary increments in Nigeria for Orthodontist(s)? How often do employees get salary raises?
Orthodontist
Orthodontist(s) in Nigeria are likely to observe a salary increase of approximately 12% every 21 months. The national average annual increment for all professions combined is 8% granted to employees every 19 months.
Annual Salary Increment Rate Nigeria Orthodontist
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. 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.
Nigeria / All Professions
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.
How to calculate the salary increment percentage?
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
“The average salary increase in one year (12 months) in Nigeria is 5%.”
Annual Increment Rate By Industry 2021
Banking
5%
Energy
1%
Information Technology
6%
Healthcare
2%
Travel
7%
Construction
3%
Education
8%
Listed above are the average annual increase rates for each industry in Nigeria for the year 2021. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.
Worldwide Salary Raises: All Countries and All Jobs
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Orthodontist Bonus and Incentive Rates in Nigeria
How much and how often are bonuses being awarded?Annual Salary Bonus Rate Nigeria Orthodontist
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An Orthodontist is considered to be a high bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.
15% of surveyed staff reported that they haven’t received any bonuses or incentives in the previous year while 85% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.
Received Bonus
85%
No Bonus
15%
Types of Bonuses Considered
Individual Performance-Based Bonuses
The most standard form of bonus where the employee is awarded based on their exceptional performance.
Company Performance Bonuses
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 amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based Bonuses
Granted upon achieving an important goal or milestone.
Holiday / End of Year Bonuses
These types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. 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.