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Psychologist Average Salary in Gibraltar 2023

How much money does a Psychologist make in Gibraltar?

Average Yearly Salary
61,300 GIP
( 5,110 GIP monthly)


A person working as a Psychologist in Gibraltar typically earns around 61,300 GIP per year. Salaries range from 31,900 GIP (lowest) to 93,800 GIP (highest).

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

Psychologist Salary Distribution in Gibraltar

Median and salary distribution yearly Gibraltar Psychologist
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The median, the maximum, the minimum, and the range

  • Salary Range

    Psychologist salaries in Gibraltar range from 31,900 GIP per year (minimum salary) to 93,800 GIP per year (maximum salary).

  • Median Salary

    The median salary is 58,800 GIP per year, which means that half (50%) of people working as Psychologist(s) are earning less than 58,800 GIP while the other half are earning more than 58,800 GIP. 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 Psychologist(s) are earning less than 40,800 GIP while 75% of them are earning more than 40,800 GIP. Also from the diagram, 75% of Psychologist(s) are earning less than 73,300 GIP while 25% are earning more than 73,300 GIP.

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

Psychologist Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience yearly Gibraltar Psychologist
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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 Psychologist salaries by experience level and this is what we found.

A Psychologist with less than two years of experience makes approximately 36,200 GIP per year.

While someone with an experience level between two and five years is expected to earn 48,600 GIP per year, 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 63,100 GIP per year, 30% 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, Psychologist(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 76,400 GIP per year, 21% 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 83,600 GIP per year, 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 87,900 GIP per year, 5% more than people with fifteen to twenty years of experience.

Psychologist average salary change by experience in Gibraltar

0 - 2 Years
36,200 GIP
2 - 5 Years+34%
48,600 GIP
5 - 10 Years+30%
63,100 GIP
10 - 15 Years+21%
76,400 GIP
15 - 20 Years+9%
83,600 GIP
20+ Years+5%
87,900 GIP
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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Psychologist Salary Comparison By Gender

Salary comparison by gender yearly Gibraltar Psychologist
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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 Psychologist employees in Gibraltar earn 11% more than their female counterparts on average.

65,300 GIP
58,700 GIP
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Gibraltar for all Careers

Salary comparison by gender yearly Gibraltar
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Psychologist Average Annual Salary Increment Percentage in Gibraltar

How much are annual salary increments in Gibraltar for Psychologist(s)? How often do employees get salary raises?


Psychologist(s) in Gibraltar are likely to observe a salary increase of approximately 8% every 30 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.

Annual Salary Increment Rate Gibraltar Psychologist
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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.

Gibraltar / 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 Gibraltar is 2%.

Annual Increment Rate By Industry 2022

Information Technology

Listed above are the average annual increase rates for each industry in Gibraltar for the year 2022. 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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Psychologist Bonus and Incentive Rates in Gibraltar

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Gibraltar Psychologist
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A Psychologist is considered to be a high 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.

39% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 61% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 6% to 8% 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.

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.

Psychologist Average Hourly Wage in Gibraltar

29 GIP per hour

The average hourly wage (pay per hour) in Gibraltar is 29 GIP. This means that the average Psychologist in Gibraltar earns approximately 29 GIP 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.

Psychologist VS Other Jobs

Salary Comparison Between Psychologist and Counseling yearly Gibraltar
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The average salary for Psychologist is 36% more than that of Counseling. Also, Counseling salaries are 11% more than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Adoption Services Director52,800 GIP-14%
Alcohol and Drug Counselor44,100 GIP-28%
Assistant Instructor19,300 GIP-69%
Career Counselor46,700 GIP-24%
Consultant44,300 GIP-28%
Director of Rehabilitation Services60,300 GIP-2%
Disability Consultant37,300 GIP-39%
Employment Counselor45,100 GIP-26%
Family Advocate32,800 GIP-46%
Family Services Specialist33,400 GIP-46%
Family Support Specialist51,500 GIP-16%
Family Youth Worker15,600 GIP-75%
Guidance Counselor46,000 GIP-25%
Guidance Director58,200 GIP-5%
Mental Health Counselor54,300 GIP-11%
Programs Coordinator27,200 GIP-56%
Psychologist61,300 GIP+0%
Supervising Counselor50,100 GIP-18%
Vocational Rehabilitation Counselor48,200 GIP-21%
Youth Advocate27,300 GIP-55%
Youth Care Counselor49,800 GIP-19%
Youth Care Specialist29,800 GIP-51%
Youth Development Manager58,700 GIP-4%

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 Gibraltar earn 18% more than their private sector counterparts on average across all sectors.

Private Sector
36,500 GIP
Public Sector+18%
43,000 GIP
Percentage increase and decrease are relative to the previous value

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