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Average Salary in British Indian Ocean Territory 2022

How much money does a person working in British Indian Ocean Territory make?

Average Monthly Salary
2,680 USD
( 32,100 USD yearly)


A person working in British Indian Ocean Territory typically earns around 2,680 USD per month. Salaries range from 680 USD (lowest average) to 11,900 USD (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 British Indian Ocean Territory

Median and salary distribution monthly British Indian Ocean Territory
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The median, the maximum, the minimum, and the range

  • Salary Range

    Salaries in British Indian Ocean Territory range from 680 USD per month (minimum salary) to 11,900 USD per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 2,620 USD per month, which means that half (50%) of the population are earning less than 2,620 USD while the other half are earning more than 2,620 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 the population are earning less than 1,490 USD while 75% of them are earning more than 1,490 USD. Also from the diagram, 75% of the population are earning less than 7,140 USD while 25% are earning more than 7,140 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

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 British Indian Ocean Territory costs anywhere from 13,400 US Dollar(s) to 40,200 US 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 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 British Indian Ocean Territory
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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 British Indian Ocean Territory earn 16% more than their female counterparts on avergae across all sectors.

2,890 USD
2,480 USD
Percentage increase and decrease are relative to the previous value

Average Annual Salary Increment Percentage in British Indian Ocean Territory

How much are annual salary increments in British Indian Ocean Territory? How often do employees get salary raises?

British Indian Ocean Territory

Employees in British Indian Ocean Territory are likely to observe a salary increase of approximately 4% every 29 months.

Annual Salary Increment Rate British Indian Ocean Territory
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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 British Indian Ocean Territory is 2%.

Annual Increment Rate By Industry 2021

Information Technology

Listed above are the average annual increase rates for each industry in British Indian Ocean Territory for the year 2021. 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%
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 British Indian Ocean Territory

How much and how often are bonuses being awarded?Annual Salary Bonus Rate British Indian Ocean Territory
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66% of surveyed staff in British Indian Ocean Territory reported that they haven't received any bonuses or incentives in the previous year while 34% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.

Received Bonus
No Bonus

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

Business Development
Marketing / Advertising
Information Technology
Customer Service
Human Resources

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.

A graphics designer working for a graphics designing company.

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.

Salaries for popular jobs

Job TitleAverage Salary
Accounting and Finance
Accountant1,850 USD
Accounting Assistant1,490 USD
Accounting Manager3,980 USD
Bookkeeper1,270 USD
Chartered Accountant2,420 USD
Corporate Treasurer3,830 USD
Financial Analyst3,290 USD
Financial Manager5,180 USD
Internal Auditor2,680 USD

Administration / Reception / Secretarial
Administrative Assistant1,350 USD
Office Manager2,250 USD
Receptionist1,030 USD
Secretary1,190 USD

Advertising / Grapic Design / Events
Art Director2,550 USD
Creative Director2,600 USD
Graphic Designer1,750 USD
Photographer1,480 USD

Airlines / Aviation / Aerospace / Defense
Aerospace Engineer3,350 USD
Air Traffic Controller2,970 USD
Flight Attendant1,820 USD
Pilot4,810 USD

Architect3,300 USD
CAD Drafter1,440 USD

Mechanic1,040 USD
Service Advisor1,850 USD

Bank Branch Manager4,660 USD
Teller970 USD

Teacher1,990 USD
Translator2,420 USD

Business Planning
Business Analyst3,410 USD
Business Development Manager4,130 USD
Project Manager2,910 USD

Care Giving and Child Care
Nanny1,140 USD
Nursery Teacher980 USD

Construction / Building / Installation
Civil Engineer2,440 USD
Construction Project Manager4,510 USD
Health and Safety Officer1,210 USD

Customer Service and Call Center
Call Center Representative1,040 USD
Customer Service Manager3,660 USD
Customer Service Representative1,050 USD

Electrical Engineer2,580 USD
Engineer2,640 USD
Mechanical Engineer2,570 USD

Executive and Management
Chief Executive Officer6,270 USD
Chief Financial Officer5,520 USD
General Manager4,740 USD

Food / Hospitality / Tourism / Catering
Chef1,750 USD
Executive Chef1,950 USD
Hotel Manager4,900 USD
Travel Agent1,780 USD
Waiter / Waitress830 USD

Health and Medical
Dentist6,390 USD
Dietitian5,320 USD
Laboratory Technician2,040 USD
Nurse2,040 USD

Human Resources
Human Resources Manager4,190 USD
Human Resources Officer1,550 USD

Information Technology
Computer Technician2,000 USD
Database Administrator2,550 USD
Developer / Programmer2,700 USD
Information Technology Manager4,680 USD
Network Engineer2,320 USD

Law Enforcement / Security / Fire
Police Officer1,580 USD

Attorney5,030 USD
Legal Assistant1,400 USD

Media / Broadcasting / Arts / Entertainment
Journalist3,100 USD

Pharmaceutical and Biotechnology
Biomedical Engineer2,280 USD
Pharmacist3,570 USD

Sales Retail and Wholesale
Cashier1,000 USD
Sales Manager4,870 USD
Sales Representative1,720 USD

Teaching / Education
Elementary School Teacher1,900 USD
Secondary School Teacher2,160 USD

Average Hourly Wage in British Indian Ocean Territory

15 USD per hour

The average hourly wage (pay per hour) in British Indian Ocean Territory is 15 USD. This means that the average person in British Indian Ocean Territory earns approximately 15 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.

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 British Indian Ocean Territory earn 21% more than their private sector counterparts on average across all sectors.

Private Sector
2,440 USD
Public Sector+21%
2,950 USD
Percentage increase and decrease are relative to the previous value

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