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Dump Truck Driver Average Salary in Palau 2020

How much money does a Dump Truck Driver make in Palau?


Average Monthly Salary
920 USD
( 11,100 USD yearly)

LOW
420
USD
AVERAGE
920
USD
HIGH
1,470
USD

A person working as a Dump Truck Driver in Palau typically earns around 920 USD per month. Salaries range from 420 USD (lowest) to 1,470 USD (highest).

This is the average monthly salary including housing, transport, and other benefits. Dump Truck Driver salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Dump Truck Driver Salary Distribution in Palau

Median and salary distribution monthly Palau Dump Truck Driver
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The median, the maximum, the minimum, and the range

  • Salary Range

    Dump Truck Driver salaries in Palau range from 420 USD per month (minimum salary) to 1,470 USD per month (maximum salary).

  • Median Salary

    The median salary is 1,000 USD per month, which means that half (50%) of people working as Dump Truck Driver(s) are earning less than 1,000 USD while the other half are earning more than 1,000 USD. 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 Dump Truck Driver(s) are earning less than 640 USD while 75% of them are earning more than 640 USD. Also from the diagram, 75% of Dump Truck Driver(s) are earning less than 1,330 USD while 25% are earning more than 1,330 USD.


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

Dump Truck Driver Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Palau Dump Truck Driver
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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 Dump Truck Driver salaries by experience level and this is what we found.

A Dump Truck Driver with less than two years of experience makes approximately 480 USD per month.

While someone with an experience level between two and five years is expected to earn 640 USD 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 950 USD 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, Dump Truck Driver(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 1,160 USD 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 1,260 USD 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 1,370 USD per month, 8% more than people with fifteen to twenty years of experience.


Dump Truck Driver average salary change by experience in Palau

0 - 2 Years
480 USD
2 - 5 Years+34%
640 USD
5 - 10 Years+48%
950 USD
10 - 15 Years+22%
1,160 USD
15 - 20 Years+9%
1,260 USD
20+ Years+8%
1,370 USD
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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Dump Truck Driver Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Dump Truck Driver(s) who have the same experience but different education levels.

Salary comparison by education level monthly Palau Dump Truck Driver
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Dump Truck Driver salaries by education level in order to make a comparison.

When the education level is High School, the average salary of a Dump Truck Driver is 560 USD per month.

While someone with a Certificate or Diploma gets a salary of 1,080 USD per month, 93% more than someone having a High School degree.


Dump Truck Driver average salary difference by education level in Palau

High School
560 USD
Certificate or Diploma+93%
1,080 USD
Percentage increase and decrease are relative to the previous value

Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Dump Truck Driver Salary Comparison By Gender

Salary comparison by gender monthly Palau Dump Truck Driver
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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 Dump Truck Driver employees in Palau earn 19% more than their female counterparts on average.

Male
1,000 USD
Female-16%
840 USD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Palau for all Careers

Salary comparison by gender monthly Palau
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Dump Truck Driver Average Annual Salary Increment Percentage in Palau

How much are annual salary increments in Palau for Dump Truck Driver(s)? How often do employees get salary raises?

Dump Truck Driver

Dump Truck Driver(s) in Palau are likely to observe a salary increase of approximately 7% every 27 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.

Annual Salary Increment Rate Palau Dump Truck Driver
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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.

Palau / 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 Palau is 2%.

Annual Increment Rate By Industry 2019

Banking
3%
Energy
6%
Information Technology
9%
Healthcare
3%
Travel
6%
Construction
9%
Education
3%

Listed above are the average annual increase rates for each industry in Palau 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.


Worldwide Salary Raises: All Countries and All Jobs

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Dump Truck Driver Bonus and Incentive Rates in Palau

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Palau Dump Truck Driver
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A Dump Truck Driver is considered to be a low 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.

85% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 15% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 0% to 4% of their annual salary.

Received Bonus
15%
No Bonus
85%

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.


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.

Dump Truck Driver Average Hourly Wage in Palau


5 USD per hour

The average hourly wage (pay per hour) in Palau is 5 USD. This means that the average Dump Truck Driver in Palau earns approximately 5 USD 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.

Dump Truck Driver VS Other Jobs

Salary Comparison Between Dump Truck Driver and Oil  / Gas / Energy / Mining monthly Palau
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The average salary for Dump Truck Driver is 62% less than that of Oil / Gas / Energy / Mining. Also, Oil / Gas / Energy / Mining salaries are 10% less than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Assistant Yard Manager2,290 USD+150%
Associate Analyst2,600 USD+180%
Associate Landman1,090 USD+18%
Auxiliary Equipment Operator960 USD+4%
Biomass Plant Technician1,220 USD+32%
Biomass Power Plant Manager3,390 USD+270%
Chemical Plant Operator1,920 USD+110%
Chief Contract Compliance Engineer2,510 USD+170%
Completions Engineer2,260 USD+150%
Cost Controller1,820 USD+97%
Crude Oil Marketing Representative2,550 USD+180%
Dispatcher1,030 USD+12%
Distribution Manager3,540 USD+280%
Dragline Operator1,190 USD+29%
Driller Offsider860 USD-7%
Dump Truck Driver920 USD-0%
Electric and Gas Operations Manager5,460 USD+490%
Energy Advisor3,820 USD+310%
Energy Analyst3,410 USD+270%
Energy Auditor3,200 USD+250%
Energy Dispatch Director4,390 USD+380%
Energy Technical Assistant1,590 USD+72%
Energy Technical Manager2,910 USD+220%
Energy Technical Trainer2,100 USD+130%
Exploration Manager4,300 USD+370%
Field Safety Auditor2,670 USD+190%
Fluids Engineer2,460 USD+170%
Fuel Cell Engineer2,600 USD+180%
Fuel Cell Technician1,200 USD+30%
Fuels Handler1,110 USD+20%
Gas Compressor Operator1,030 USD+12%
Gas Distribution Plant Operator2,040 USD+120%
Gas Supply Manager3,850 USD+320%
Geologist4,400 USD+380%
Geophysicist4,660 USD+410%
Geothermal Production Manager4,200 USD+360%
Geothermal Technician1,660 USD+80%
HSE Engineer2,380 USD+160%
HSE Officer1,550 USD+68%
HSEQ Administrator1,760 USD+91%
Inspector2,170 USD+140%
Instructor2,080 USD+130%
Instrument Designer2,010 USD+120%
Lead Technical Field Advisor3,300 USD+260%
Logistics and Tool Coordinator2,040 USD+120%
Maintenance Engineer2,540 USD+180%
Maintenance Superintendent2,290 USD+150%
Material Controller1,660 USD+80%
Mine Engineer2,280 USD+150%
Mine Surveyor2,650 USD+190%
Mining Project Administrator2,260 USD+150%
Mining Project Assistant1,790 USD+94%
Mining Project Controls Consultant2,730 USD+200%
Mining Project Coordinator2,150 USD+130%
Mining Project Engineer2,260 USD+150%
Mining Project Manager2,980 USD+220%
Mining Site Manager3,190 USD+250%
Mining Team Leader2,650 USD+190%
NDT Technician1,460 USD+58%
Oil Service Unit Operator1,260 USD+37%
Oil Trader3,060 USD+230%
Oilwell Pumper950 USD+3%
Petroleum Engineer 2,880 USD+210%
Petroleum Geologist4,380 USD+380%
Petroleum Pump System Operator1,370 USD+49%
Pipeline Technician900 USD-2%
Power Coordinator1,440 USD+56%
Power Plant Operations Manager4,920 USD+430%
Power Plant Operator1,970 USD+110%
Radio Operator1,050 USD+14%
Reliability Engineer2,360 USD+160%
Reservoir Engineer2,200 USD+140%
Risk Analyst3,050 USD+230%
Roughneck2,440 USD+160%
Scaffolder1,540 USD+67%
Shutdown Engineer1,960 USD+110%
Solar Energy Installation Manager3,440 USD+270%
Solar Energy Systems Engineer2,580 USD+180%
Solar Photovoltaic Installer1,580 USD+71%
Solar Thermal Technician1,440 USD+56%
Supply Operations Manager3,980 USD+330%
Sustainability Specialist3,760 USD+310%
System Development Advisor2,670 USD+190%
Tanker Truck Driver990 USD+7%
Utility Operator1,280 USD+39%
Wind Energy Project Manager3,500 USD+280%

Government vs Private Sector Salary Comparison

Where can you get paid more, working for a private company or for the government? Public sector employees in Palau earn 14% more than their private sector counterparts on average across all sectors.

Private Sector
2,590 USD
Public Sector+14%
2,950 USD
Percentage increase and decrease are relative to the previous value

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