Best Paying Companies in Benin

Benin has a growing economy with various industries offering competitive salaries. The best-paying jobs are primarily in management, IT, banking, and healthcare. Here are some of the highest-paying positions and the companies that typically offer them:

Top High-Paying Jobs in Benin

1. General Managers – Average monthly salary: 627,000 CFA ($1,015).

2. Sales Managers – Average monthly salary: 569,000 CFA ($921).

3. IT Managers – Average monthly salary: 563,000 CFA ($912).

4. Human Resources Managers – Average monthly salary: 532,000 CFA ($862).

5. Accounting Managers – Average monthly salary: 506,000 CFA ($820).

Industries and Companies with High Salaries

1. Banking and Finance

Companies like Ecobank Benin and Bank of Africa offer high salaries for financial analysts, managers, and executives.

The banking sector remains one of the best-paying industries.

2. Telecommunications

MTN Benin and Moov Africa Benin are major players in telecom and offer high salaries for IT and network professionals.

3. Oil and Energy

Companies like TotalEnergies Benin and Benin Petroleum Corporation pay well, especially for engineers and managers.

4. Healthcare and Pharmaceuticals

Clinique Mahouna and CNHU-HKM (National University Hospital Center) offer competitive salaries for medical professionals.

5. Technology and IT Services

Epitech Benin and local tech startups pay well for software engineers, cybersecurity experts, and IT managers.

6. Agriculture and Agribusiness

Sodeco Benin (cotton industry leader) and other agricultural firms provide high salaries for agronomists and supply chain managers.

7. Retail and FMCG (Fast-Moving Consumer Goods)

Companies like Coca-Cola Benin and Nestlé Benin pay well, especially in sales and marketing roles.

Economic Factors Influencing Salaries

The minimum wage in Benin is 40,000 CFA per month.

Income tax rates range from 10% to 30%, depending on salary levels.

Overtime pay is calculated at 112% to 135% of the standard wage.

For professionals looking for the best-paying jobs, management positions in banking, telecommunications, and oil industries are among the top choices.