Best Paying Companies in Madagascar

Best Paying Companies in Madagascar

The best-paying companies and sectors in Madagascar are primarily in industries that require high expertise, international connections, or technical skills. Some of the top-paying professions and industries include:

1. Information Technology (IT) and Telecommunications

Highest salaries: IT specialists, software developers (Java, Go, iOS, C#), and data scientists earn some of the highest salaries in Madagascar, with top earners making around $100–$120 per month.

Key companies: Major multinational telecom providers and IT firms often offer competitive salaries for experienced professionals.

2. Mining Industry

Madagascar is rich in natural resources, and mining engineers receive some of the highest salaries in the country.

Companies in this sector, particularly those involved in precious stones and minerals, offer competitive pay, especially for engineers and geologists.

3. Finance and Banking

Financial managers, auditors, and accountants, particularly in multinational corporations and banks, receive high salaries compared to the national average.

Large financial institutions and international banks in Madagascar provide above-average wages.

4. Legal and Corporate Professions

Lawyers and legal consultants specializing in corporate, international, or mining law are among the highest-paid professionals.

Many work for international firms, mining corporations, or NGOs.

5. Business Executives and Management

CEOs, COOs, and senior managers of major companies earn some of the best salaries in the country.

These roles are mainly found in large enterprises, multinational corporations, and high-growth industries.

6. Maritime and Aviation Industry

Pilots, aviation managers, and maritime professionals (shipping and logistics) earn competitive salaries due to Madagascar’s strategic location in the Indian Ocean.

7. Tourism and Hospitality

With tourism being a key industry, hotel and resort managers in international chains earn well-above-average salaries.

8. NGOs and International Organizations

Employees in high-ranking positions within international non-governmental organizations (NGOs) receive salaries aligned with international standards, making them among the highest earners in the country.

General Salary Trends

Large companies (250+ employees): Employees earn around $90 per month, the highest among all company sizes.

Medium companies (100–250 employees): Offer around $70 per month.

Small businesses (up to 100 employees): Pay around $58 per month.

Public sector employees: Earn about $51 per month, which is lower than private industry salaries.

Overall, Madagascar’s best-paying jobs are found in multinational companies, international NGOs, finance, IT, mining, and senior corporate positions.