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Laboratory Technician Average Salary in Solomon Islands 2021

How much money does a Laboratory Technician make in Solomon Islands?


Average Monthly Salary
4,380 SBD
( 52,600 SBD yearly)

LOW
2,240
SBD
AVERAGE
4,380
SBD
HIGH
6,750
SBD

A person working as a Laboratory Technician in Solomon Islands typically earns around 4,380 SBD per month. Salaries range from 2,240 SBD (lowest) to 6,750 SBD (highest).

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

Laboratory Technician Salary Distribution in Solomon Islands

Median and salary distribution monthly Solomon Islands Laboratory Technician
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The median, the maximum, the minimum, and the range

  • Salary Range

    Laboratory Technician salaries in Solomon Islands range from 2,240 SBD per month (minimum salary) to 6,750 SBD per month (maximum salary).

  • Median Salary

    The median salary is 4,300 SBD per month, which means that half (50%) of people working as Laboratory Technician(s) are earning less than 4,300 SBD while the other half are earning more than 4,300 SBD. 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 Laboratory Technician(s) are earning less than 2,940 SBD while 75% of them are earning more than 2,940 SBD. Also from the diagram, 75% of Laboratory Technician(s) are earning less than 5,410 SBD while 25% are earning more than 5,410 SBD.


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

Laboratory Technician Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Solomon Islands Laboratory Technician
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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 Laboratory Technician salaries by experience level and this is what we found.

A Laboratory Technician with less than two years of experience makes approximately 2,510 SBD per month.

While someone with an experience level between two and five years is expected to earn 3,270 SBD per month, 31% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 4,580 SBD per month, 40% 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, Laboratory Technician(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 5,510 SBD per month, 20% 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 5,980 SBD 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 6,460 SBD per month, 8% more than people with fifteen to twenty years of experience.


Laboratory Technician average salary change by experience in Solomon Islands

0 - 2 Years
2,510 SBD
2 - 5 Years+31%
3,270 SBD
5 - 10 Years+40%
4,580 SBD
10 - 15 Years+20%
5,510 SBD
15 - 20 Years+9%
5,980 SBD
20+ Years+8%
6,460 SBD
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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Laboratory Technician Salary Comparison By Education

How do education levels affect salaries?

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

Salary comparison by education level monthly Solomon Islands Laboratory Technician
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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 Laboratory Technician salaries by education level in order to make a comparison.

When the education level is Bachelor's Degree, the average salary of a Laboratory Technician is 3,090 SBD per month.

While someone with a Master's Degree gets a salary of 5,490 SBD per month, 77% more than someone having a Bachelor's Degree degree.


Laboratory Technician average salary difference by education level in Solomon Islands

Bachelor's Degree
3,090 SBD
Master's Degree+77%
5,490 SBD
Percentage increase and decrease are relative to the previous value

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 Solomon Islands costs anywhere from 31,700 Solomon Islands Dollar(s) to 95,200 Solomon Islands Dollar(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 the thoery. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Laboratory Technician Salary Comparison By Gender

Salary comparison by gender monthly Solomon Islands Laboratory Technician
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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 Laboratory Technician employees in Solomon Islands earn 14% more than their female counterparts on average.

Male
4,680 SBD
Female-12%
4,110 SBD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Solomon Islands for all Careers

Salary comparison by gender monthly Solomon Islands
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Laboratory Technician Average Annual Salary Increment Percentage in Solomon Islands

How much are annual salary increments in Solomon Islands for Laboratory Technician(s)? How often do employees get salary raises?

Laboratory Technician

Laboratory Technician(s) in Solomon Islands are likely to observe a salary increase of approximately 5% every 29 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.

Annual Salary Increment Rate Solomon Islands Laboratory Technician
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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.

Solomon Islands / 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 Solomon Islands is 2%.

Annual Increment Rate By Industry 2020

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 Solomon Islands for the year 2020. 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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Laboratory Technician Bonus and Incentive Rates in Solomon Islands

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Solomon Islands Laboratory Technician
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A Laboratory Technician 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.

89% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 11% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 1% to 3% of their annual salary.

Received Bonus
11%
No Bonus
89%

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.

Laboratory Technician Average Hourly Wage in Solomon Islands


25 SBD per hour

The average hourly wage (pay per hour) in Solomon Islands is 25 SBD. This means that the average Laboratory Technician in Solomon Islands earns approximately 25 SBD 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.

Laboratory Technician VS Other Jobs

Salary Comparison Between Laboratory Technician and Health and Medical monthly Solomon Islands
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The average salary for Laboratory Technician is 45% less than that of Healthcare Technical. Also, Healthcare Technical salaries are 17% less than those of Health and Medical.

Salary comparison with similar jobs

Job TitleAverage Salary
Academic Clinician12,000 SBD+170%
Admitting Officer4,460 SBD+2%
Ambulance Dispatcher4,460 SBD+2%
Ambulance Driver4,090 SBD-7%
Ambulance Officer and Paramedic4,810 SBD+10%
Ambulatory Services Director8,870 SBD+100%
Anatomic Pathology Supervisor10,000 SBD+130%
Anesthesia Technician6,380 SBD+46%
Anesthesiologist18,200 SBD+320%
Anesthesiology Assistant6,270 SBD+43%
Assistant Optometrist5,070 SBD+16%
Audiologist10,800 SBD+150%
Biomedical Engineering Director8,140 SBD+86%
Biomedical Engineering Technician4,270 SBD-3%
Cardiac Technician4,120 SBD-6%
Cardiovascular Specialist22,900 SBD+420%
Cardiovascular Technologist8,690 SBD+98%
Central Sterile Processing Technician5,010 SBD+14%
Charge Entry Specialist5,500 SBD+25%
Clinical Application Specialist5,820 SBD+33%
Clinical Biochemist10,000 SBD+130%
Clinical Cytogeneticist8,520 SBD+94%
Clinical Data Reviewer5,810 SBD+33%
Clinical Development Specialist7,250 SBD+65%
Clinical Field Associate5,800 SBD+32%
Clinical Genetic Technologist9,160 SBD+110%
Clinical Microbiologist11,200 SBD+160%
Clinical Molecular Geneticist9,330 SBD+110%
Clinical Neuropsychologist12,700 SBD+190%
Clinical Research Coordinator6,720 SBD+53%
Clinical Scientist11,400 SBD+160%
CME Specialist9,780 SBD+120%
CT Technologist5,440 SBD+24%
Cytogenetic Technologist8,110 SBD+85%
Diagnostic Medical Sonographer6,540 SBD+49%
Dispensing Optician5,350 SBD+22%
Dosimetrist7,730 SBD+76%
EKG Technician5,350 SBD+22%
Endoscopic Assistant5,020 SBD+15%
Endoscopy Technician4,700 SBD+7%
Enterostomal Therapist7,580 SBD+73%
Epidemiologist9,930 SBD+130%
FGP Ultrasound Techncian4,900 SBD+12%
Health Systems Specialist7,280 SBD+66%
Health Technologist8,160 SBD+86%
Healthcare Data Analyst5,780 SBD+32%
Hearing Aid Specialist6,320 SBD+44%
Histotechnologist7,320 SBD+67%
Immunologist11,100 SBD+150%
Industrial Hygienist7,470 SBD+70%
Infection Control Coordinator5,450 SBD+24%
Infection Control Practitioner12,400 SBD+180%
Infection Preventionist8,910 SBD+100%
Informatics Practice Specialist6,720 SBD+53%
Interventional Radiographer9,530 SBD+120%
Lab Assistant4,660 SBD+6%
Laboratory Manager8,340 SBD+90%
Laboratory Technician4,380 SBD-0%
Low Vision Therapist10,700 SBD+140%
Mammography Technician4,450 SBD+2%
Medical Coder4,170 SBD-5%
Medical Courier3,260 SBD-26%
Medical Equipment Preparer4,890 SBD+12%
Medical Forms Designer4,080 SBD-7%
Medical Technologist5,300 SBD+21%
MRI Technologist4,590 SBD+5%
Music Therapist6,760 SBD+54%
Neonatologist13,000 SBD+200%
Neurodiagnostic Techncian4,860 SBD+11%
Neuropsychology Testing Assistant4,310 SBD-2%
Nuclear Medical Technician6,370 SBD+45%
Nuclear Medicine Technolgoist6,600 SBD+51%
Nutrition Assistant4,680 SBD+7%
Occupaitional Therapy Assistant4,930 SBD+12%
Operating Room Scheduler4,210 SBD-4%
Operating Room Services Director13,100 SBD+200%
Ophthalmic Assistant4,950 SBD+13%
Ophthalmic Laboratory Technician4,950 SBD+13%
Optician10,200 SBD+130%
Orthopedic Technician4,860 SBD+11%
Orthoptist13,200 SBD+200%
Orthotist13,200 SBD+200%
Pathology Assistant4,560 SBD+4%
Perfusionist14,600 SBD+230%
Phlebotomist3,720 SBD-15%
Pre Authorization Case Manager7,070 SBD+61%
Prosthetist11,600 SBD+160%
Radiation Therapist15,900 SBD+260%
Radiation Therapy Technologist6,820 SBD+56%
Radiographer10,500 SBD+140%
Radiography Technologist6,820 SBD+56%
Radiologic Technologist7,040 SBD+61%
Radiology Technologist6,550 SBD+49%
Respiratory Care Practitioner12,600 SBD+190%
Respiratory Therapist9,760 SBD+120%
Respiratory Therapy Technician5,530 SBD+26%
Sonographer7,050 SBD+61%
Sonography Technologist6,540 SBD+49%
Speech and Language Pathologist9,760 SBD+120%
Ultrasonographer5,640 SBD+29%
Ultrasound Technologist4,980 SBD+14%
Vascular Technologist4,750 SBD+8%
X-Ray Technologist6,860 SBD+57%

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 Solomon Islands earn 11% more than their private sector counterparts on average across all sectors.

Private Sector
5,960 SBD
Public Sector+11%
6,600 SBD
Percentage increase and decrease are relative to the previous value
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