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Average Salary in Jersey 2020

How much money does a person working in Jersey make?


Average Monthly Salary
9,090 GBP
( 109,000 GBP yearly)

LOW
1,230
GBP
AVERAGE
9,090
GBP
HIGH
40,200
GBP

A person working in Jersey typically earns around 9,090 GBP per month. Salaries range from 1,230 GBP (lowest average) to 40,200 GBP (highest average, actual maximum salary is higher).

This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Distribution of Salaries in Jersey

Median and salary distribution monthly Jersey
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The median, the maximum, the minimum, and the range

  • Salary Range

    Salaries in Jersey range from 1,230 GBP per month (minimum salary) to 40,200 GBP per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 9,810 GBP per month, which means that half (50%) of the population are earning less than 9,810 GBP while the other half are earning more than 9,810 GBP. 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 the population are earning less than 4,970 GBP while 75% of them are earning more than 4,970 GBP. Also from the diagram, 75% of the population are earning less than 27,000 GBP while 25% are earning more than 27,000 GBP.


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

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.

Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.


Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.

As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.

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.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.


Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.

Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma.

Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.

Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.


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 Jersey costs anywhere from 45,400 Pound Sterling(s) to 136,000 Pound Sterling(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 this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.



Salary Comparison By Gender

Salary comparison by gender monthly Jersey
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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 employees in Jersey earn 31% more than their female counterparts.

Female
7,880 GBP
Male+31%
10,300 GBP
Percentage increase and decrease are relative to the previous value

Average Annual Salary Increment Percentage in Jersey

How much are annual salary increments in Jersey? How often do employees get salary raises?

Jersey

Employees in Jersey are likely to observe a salary increase of approximately 5% every 28 months.

Annual Salary Increment Rate Jersey
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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.

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 Jersey is 2%.

Annual Increment Rate By Industry 2019

Banking
9%
Energy
9%
Information Technology
9%
Healthcare
9%
Travel
9%
Construction
9%
Education
9%

Listed above are the average annual increase rates for each industry in Jersey for the year 2019. 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.


Average Salary Increase Rate by Experience Level

Junoir Level
3% - 5%
Mid-Career
6% - 9%
Senior Level
10% - 15%
Top Management
15% - 20%

The difference in increment rates is somehow justified because employers put more effort to retain more experienced staff since they are harder to acquire than less experienced ones.

Worldwide Salary Raises: All Countries and All Jobs

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Bonus and Incentive Rates in Jersey

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Jersey
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61% of surveyed staff in Jersey reported that they haven't received any bonuses or incentives in the previous year while 39% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 2% to 7% of their annual salary.

Received Bonus
39%
No Bonus
61%

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.


Bonus Rates Comparison by Career Field

Finance
High
Architecture
High
Sales
High
Business Development
High
Marketing / Advertising
High
Information Technology
Moderate
Healthcare
Moderate
Insurance
Moderate
Customer Service
Moderate
Human Resources
Moderate
Construction
Low
Transport
Low
Hospitality
Low

What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Government vs Private Sector Salary Comparison

Public vs private sector salaries monthly Jersey
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Where can you get paid more, working for a private company or for the government? Public sector employees in Jersey earn 25% more than their private sector counterparts.

Private Sector
8,090 GBP
Public Sector+25%
10,100 GBP
Percentage increase and decrease are relative to the previous value

Salary Trend and Forecast in Jersey

How are Jersey salaries changing over time? The chart below shows the average salary change in the past few years.

Salary trends and forecast monthly Jersey
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Average Salary 2016
7,860 GBP
Average Salary 2017+4%
8,150 GBP
Average Salary 2018+4%
8,450 GBP
Average Salary 2019+4%
8,760 GBP
Percentage increase and decrease are relative to the previous value

Salaries in Jersey are on the rise in the year 2020 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 4% higher than those of 2018. The trend suggests a slow yet continuous increase in pay in 2021 and future years. These numbers may vary from industry to another.

Salaries for popular jobs

Job TitleAverage Salary
Accounting and Finance
Accountant6,510 GBP
Accounting Assistant6,320 GBP
Accounting Manager11,700 GBP
Bookkeeper4,870 GBP
Chartered Accountant8,390 GBP
Corporate Treasurer16,000 GBP
Financial Analyst9,240 GBP
Financial Manager18,800 GBP
Internal Auditor9,360 GBP

Administration / Reception / Secretarial
Administrative Assistant4,670 GBP
Office Manager6,150 GBP
Receptionist7,000 GBP
Secretary4,970 GBP

Advertising / Grapic Design / Events
Art Director8,970 GBP
Creative Director9,850 GBP
Graphic Designer6,300 GBP
Photographer6,290 GBP

Airlines / Aviation / Aerospace / Defense
Aerospace Engineer10,600 GBP
Air Traffic Controller9,020 GBP
Flight Attendant7,650 GBP
Pilot11,000 GBP

Architecture
Architect8,720 GBP
CAD Drafter6,790 GBP

Automotive
Mechanic5,010 GBP
Service Advisor7,630 GBP

Banking
Bank Branch Manager13,900 GBP
Teller6,040 GBP

Bilingual
Teacher7,360 GBP
Translator8,390 GBP

Business Planning
Business Analyst11,100 GBP
Business Development Manager14,600 GBP
Project Manager10,100 GBP

Care Giving and Child Care
Nanny5,650 GBP
Nursery Teacher6,420 GBP

Construction / Building / Installation
Civil Engineer8,380 GBP
Construction Project Manager10,500 GBP
Health and Safety Officer5,770 GBP

Customer Service and Call Center
Call Center Representative6,710 GBP
Customer Service Manager12,500 GBP
Customer Service Representative6,700 GBP

Engineering
Electrical Engineer9,300 GBP
Engineer8,720 GBP
Mechanical Engineer8,720 GBP

Executive and Management
Chief Executive Officer21,500 GBP
Chief Financial Officer19,200 GBP
General Manager16,600 GBP

Food / Hospitality / Tourism / Catering
Chef7,360 GBP
Executive Chef8,050 GBP
Hotel Manager13,600 GBP
Travel Agent7,420 GBP
Waiter / Waitress5,520 GBP

Health and Medical
Dentist23,100 GBP
Dietitian20,900 GBP
Laboratory Technician6,710 GBP
Nurse7,130 GBP

Human Resources
Human Resources Manager12,300 GBP
Human Resources Officer7,510 GBP

Information Technology
Computer Technician7,420 GBP
Database Administrator8,790 GBP
Developer / Programmer8,280 GBP
Information Technology Manager13,600 GBP
Network Engineer8,130 GBP

Law Enforcement / Security / Fire
Police Officer7,220 GBP

Legal
Attorney12,800 GBP
Legal Assistant6,400 GBP

Media / Broadcasting / Arts / Entertainment
Journalist9,480 GBP

Pharmaceutical and Biotechnology
Biomedical Engineer7,980 GBP
Pharmacist10,400 GBP

Sales Retail and Wholesale
Cashier5,260 GBP
Sales Manager15,200 GBP
Sales Representative5,760 GBP

Teaching / Education
Elementary School Teacher6,710 GBP
Secondary School Teacher7,540 GBP

Average Hourly Wage in Jersey


52 GBP per hour

The average hourly wage (pay per hour) in Jersey is 52 GBP. This means that the average person in Jersey earns approximately 52 GBP for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

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