How much money does a person working in Makati make?
49,674 PHP per month
Average Monthly Salary
A person working in Makati typically earns around 49,674 PHP per month.
This is the average monthly salary including housing, transport, and other benefits.
Salaries differ drasticly between different jobs. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
Distribution of Salaries in Makati | All Jobs
Abount These Figures: Salary Range, Median and Percentiles
Salaries in Makati range between 6,724 PHP per month (minimum salary) to 219,964 PHP per month (maximum salary).
The median salary is 50,171 PHP per month, which means that half (50%) of the population are earning less than 50,171 PHP while the other half are earning more than 50,171 PHP. 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.
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 25,603 PHP while 75% of them are earning more than 25,603 PHP. Also from the diagram, 75% of the population are earning less than 137,769 PHP while 25% are earning more than 137,769 PHP.
What is the difference between the median and the average salary? What should you be looking at?
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 plently of room for improvement. If your wage is in between the average and median, then things can be a bit confusing. We have written a guide to explain all the different senarios. How to compare your salary
Salary Trend and Forecast in Makati
How are Makati salaries changing over time? Listed below is a chart that shows the average salary over the past few years.
|Average Salary 2016|| = |
|Average Salary 2017|| +4% |
|Average Salary 2018|| +3% |
|Average Salary 2019|| +2% |
Percentage increase and decrease are relative to the previous value
Salaries in Makati are on the rise in the year 2019 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 continous increase in pay in 2020 and future years. These numbers differ slightly from industry to another.
Salaries for popular jobs
|Administrative Assistant||24,189 PHP|
|Biomedical Engineer||41,352 PHP|
|CAD Drafter||35,082 PHP|
|Chartered Accountant||41,555 PHP|
|Chief Executive Officer||105,772 PHP|
|Chief Financial Officer||93,581 PHP|
|Civil Engineer||42,730 PHP|
|Computer Technician||35,843 PHP|
|Creative Director||47,598 PHP|
|Developer / Programmer||42,359 PHP|
|Electrical Engineer||43,554 PHP|
|Elementary School Teacher||31,835 PHP|
|Executive Chef||40,517 PHP|
|Flight Attendant||39,336 PHP|
|General Manager||85,544 PHP|
|Graphic Designer||31,513 PHP|
|Hotel Manager||70,717 PHP|
|Human Resources Manager||63,998 PHP|
|Internal Auditor||46,505 PHP|
|Legal Assistant||32,661 PHP|
|Mechanical Engineer||44,238 PHP|
|Police Officer||37,941 PHP|
|Project Manager||53,675 PHP|
|Sales Manager||71,628 PHP|
|Sales Representative||29,642 PHP|
|Secondary School Teacher||39,338 PHP|
|Travel Agent||36,868 PHP|
|Waiter / Waitress||27,083 PHP|
Average Hourly Wage in Makati | All Jobs
287 PHP per hour
Average Hourly Wage
The average hourly wage (pay per hour) in Makati | All Jobs is 287 PHP. This means that the average person in Makati earns approximatly 287 PHP for every worked hour.
Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )
The hourly wage is the salary paid in one working 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 annual vacation allowance. The figures mentioned above are good approximation and they are considered to the be the standard.
Makati VS Philippines
We compared salaries in Makati and Philippines and we found that Makati salaries are 2% less than those of Philippines.
Salary Comparison By City
|Cagayan de Oro||53,659 PHP|
|Las Pinas||50,660 PHP|
|Quezon City||61,320 PHP|
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