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Average Salary in New Caledonia 2020

How much money does a person working in New Caledonia make?


Average Monthly Salary
88,400 XPF
( 1,060,000 XPF yearly)

LOW
12,000
XPF
AVERAGE
88,400
XPF
HIGH
391,000
XPF

A person working in New Caledonia typically earns around 88,400 XPF per month. Salaries range from 12,000 XPF (lowest average) to 391,000 XPF (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 New Caledonia

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

  • Salary Range

    Salaries in New Caledonia range from 12,000 XPF per month (minimum salary) to 391,000 XPF per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 81,300 XPF per month, which means that half (50%) of the population are earning less than 81,300 XPF while the other half are earning more than 81,300 XPF. 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 42,000 XPF while 75% of them are earning more than 42,000 XPF. Also from the diagram, 75% of the population are earning less than 217,000 XPF while 25% are earning more than 217,000 XPF.


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 New Caledonia costs anywhere from 442,000 CFP Franc(s) to 1,330,000 CFP Franc(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 New Caledonia
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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 New Caledonia earn 12% more than their female counterparts.

Female
82,200 XPF
Male+12%
92,400 XPF
Percentage increase and decrease are relative to the previous value

Average Annual Salary Increment Percentage in New Caledonia

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

New Caledonia

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

Annual Salary Increment Rate New Caledonia
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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 New Caledonia is 2%.

Annual Increment Rate By Industry 2019

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Listed above are the average annual increase rates for each industry in New Caledonia 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 New Caledonia

How much and how often are bonuses being awarded?Annual Salary Bonus Rate New Caledonia
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69% of surveyed staff in New Caledonia reported that they haven't received any bonuses or incentives in the previous year while 31% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 4% to 5% of their annual salary.

Received Bonus
31%
No Bonus
69%

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 New Caledonia
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Where can you get paid more, working for a private company or for the government? Public sector employees in New Caledonia earn 11% more than their private sector counterparts.

Private Sector
83,100 XPF
Public Sector+11%
91,900 XPF
Percentage increase and decrease are relative to the previous value

Salary Trend and Forecast in New Caledonia

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

Salary trends and forecast monthly New Caledonia
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Average Salary 2016
81,300 XPF
Average Salary 2017+4%
84,300 XPF
Average Salary 2018+1%
85,400 XPF
Average Salary 2019+2%
86,700 XPF
Percentage increase and decrease are relative to the previous value

Salaries in New Caledonia are on the rise in the year 2020 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 2% 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
Accountant60,900 XPF
Accounting Assistant56,100 XPF
Accounting Manager114,000 XPF
Bookkeeper46,500 XPF
Chartered Accountant78,100 XPF
Corporate Treasurer154,000 XPF
Financial Analyst85,600 XPF
Financial Manager178,000 XPF
Internal Auditor90,000 XPF

Administration / Reception / Secretarial
Administrative Assistant43,300 XPF
Office Manager56,800 XPF
Receptionist62,300 XPF
Secretary45,200 XPF

Advertising / Grapic Design / Events
Art Director86,000 XPF
Creative Director87,400 XPF
Graphic Designer57,500 XPF
Photographer56,900 XPF

Airlines / Aviation / Aerospace / Defense
Aerospace Engineer94,000 XPF
Air Traffic Controller83,500 XPF
Flight Attendant74,700 XPF
Pilot99,800 XPF

Architecture
Architect77,500 XPF
CAD Drafter65,600 XPF

Automotive
Mechanic47,100 XPF
Service Advisor71,200 XPF

Banking
Bank Branch Manager124,000 XPF
Teller55,800 XPF

Bilingual
Teacher65,500 XPF
Translator78,100 XPF

Business Planning
Business Analyst105,000 XPF
Business Development Manager129,000 XPF
Project Manager93,000 XPF

Care Giving and Child Care
Nanny52,500 XPF
Nursery Teacher59,100 XPF

Construction / Building / Installation
Civil Engineer75,900 XPF
Construction Project Manager97,300 XPF
Health and Safety Officer55,800 XPF

Customer Service and Call Center
Call Center Representative59,400 XPF
Customer Service Manager112,000 XPF
Customer Service Representative62,900 XPF

Engineering
Electrical Engineer87,500 XPF
Engineer81,400 XPF
Mechanical Engineer80,600 XPF

Executive and Management
Chief Executive Officer202,000 XPF
Chief Financial Officer174,000 XPF
General Manager149,000 XPF

Food / Hospitality / Tourism / Catering
Chef71,100 XPF
Executive Chef77,200 XPF
Hotel Manager130,000 XPF
Travel Agent71,400 XPF
Waiter / Waitress50,300 XPF

Health and Medical
Dentist215,000 XPF
Dietitian199,000 XPF
Laboratory Technician62,000 XPF
Nurse65,500 XPF

Human Resources
Human Resources Manager120,000 XPF
Human Resources Officer71,800 XPF

Information Technology
Computer Technician65,800 XPF
Database Administrator81,400 XPF
Developer / Programmer78,200 XPF
Information Technology Manager122,000 XPF
Network Engineer73,200 XPF

Law Enforcement / Security / Fire
Police Officer65,900 XPF

Legal
Attorney119,000 XPF
Legal Assistant62,100 XPF

Media / Broadcasting / Arts / Entertainment
Journalist84,100 XPF

Pharmaceutical and Biotechnology
Biomedical Engineer72,000 XPF
Pharmacist94,700 XPF

Sales Retail and Wholesale
Cashier47,600 XPF
Sales Manager142,000 XPF
Sales Representative56,300 XPF

Teaching / Education
Elementary School Teacher59,400 XPF
Secondary School Teacher68,400 XPF

Average Hourly Wage in New Caledonia


510 XPF per hour

The average hourly wage (pay per hour) in New Caledonia is 510 XPF. This means that the average person in New Caledonia earns approximately 510 XPF 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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