Nursing Home Administrator Average Salary in British Indian Ocean Territory 2023
How much money does a person working as Nursing Home Administrator make in British Indian Ocean Territory?
LOW
740
USD AVERAGE
1,540
USD HIGH
2,420
USD
A person working as Nursing Home Administrator in British Indian Ocean Territory typically earns around 1,540 USD. Salaries range from 740 USD (lowest) to 2,420 USD (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Nursing Home Administrator salaries in British Indian Ocean Territory vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Nursing Home Administrator Pay Scale and Salaries in British Indian Ocean Territory
Salary Structure and Pay Scale Comparison
1,440 USD or more
1,270 to 1,440 USD
890 USD or less
890 to 1,270 USD
 740 USD |
1,450 USD |
2,420 USD |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Nursing Home Administrator in British Indian Ocean Territory range from 740 USD (starting salary) to 2,420 USD (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 1,450 USD, half of the professionals who work as Nursing Home Administrator in British Indian Ocean Territory earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Nursing Home Administrator in British Indian Ocean Territory earn less than 1,180 USD, while 75% earn more. Similarly, the chart shows that 75% earn less than 1,660 USD while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Nursing Home Administrator in British Indian Ocean Territory compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 890 USD to 1,270 USD. About 20% of salaries are below the 890 USD mark, while 10% fall within the range of 1,270 USD to 1,440 USD. Only 5% of individuals have salaries exceeding 1,440 USD.
Salary Comparison by Years of Experience / Nursing Home Administrator / British Indian Ocean Territory
How do experience and age affect pay?
| 0 - 2 Years | 870 USD | |
| 2 - 5 Years | +42% | 1,230 USD |
| 5 - 10 Years | +32% | 1,620 USD |
| 10 - 15 Years | +23% | 1,990 USD |
| 15 - 20 Years | +6% | 2,110 USD |
| 20+ Years | +10% | 2,310 USD |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Nursing Home Administrator and this is what we found.
Employees with less than two years of experience earn approximately 870 USD.
While someone with an experience level between two and five years is expected to earn 1,230 USD, 42% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 1,620 USD, 32% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 1,990 USD, 23% 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 2,110 USD, 6% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 2,310 USD, 10% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Nursing Home Administrator / British Indian Ocean Territory
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Nursing Home Administrator.
| High School | 1,080 USD | |
| Certificate or Diploma | +16% | 1,250 USD |
| Bachelor's Degree | +46% | 1,820 USD |
| Master's Degree | +23% | 2,240 USD |
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 salaries by education level for the position Nursing Home Administrator in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 1,080 USD.
Level 2: Certificate or Diploma
At this level, the average salary becomes 1,250 USD, 16% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 1,820 USD, 46% more than the previous level.
Level 4: Master's Degree
At this level, the average salary becomes 2,240 USD, 23% more than the previous level.
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 USD to 40,200 USD 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 to a higher-paying job. The numbers seem to support the theory. 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 and Compensation Comparison By Gender / Nursing Home Administrator / British Indian Ocean Territory
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Nursing Home Administrator in British Indian Ocean Territory, the average difference between the salary of male and female employees is 8%.
| Male | 1,500 USD | |
| Female | +9% | 1,630 USD |
Salary Comparison By Gender in British Indian Ocean Territory for all Careers
Average Annual Salary Increment Percentage / Nursing Home Administrator / British Indian Ocean Territory
How much are annual salary increments in British Indian Ocean Territory for individuals working as Nursing Home Administrator? How often do employees get salary raises?
Individuals working as Nursing Home Administrator in British Indian Ocean Territory are likely to observe a salary increase of approximately 6% every 29 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.
British Indian Ocean Territory / All Professions
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare 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
Annual Increment Rate By Industry 2022
| Banking | 4% | |
| Energy | 8% | |
| Information Technology | 3% | |
| Healthcare | 7% | |
| Travel | 2% | |
| Construction | 6% | |
| Education | 1% |
Listed above are the average annual increase rates for each industry in British Indian Ocean Territory 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
Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / Nursing Home Administrator / British Indian Ocean Territory
How much and how often are bonuses being awarded?
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62% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 38% 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 | 38% | |
| No Bonus | 62% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese 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 Generators | Supporting 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: | Example: |
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.
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.
Salary Trend and Forecast / Nursing Home Administrator / British Indian Ocean Territory
How are salaries changing over time? Listed below is a chart that shows the average salary in recent years.
| Average Salary 2019 | 1,410 USD | |
| Average Salary 2020 | +2% | 1,430 USD |
| Average Salary 2021 | +1% | 1,450 USD |
| Average Salary 2022 | +3% | 1,500 USD |
Salaries for individuals working as Nursing Home Administrator in British Indian Ocean Territory are on the rise in the year 2023 based on recently submitted salaries and reports. The trend suggests a slow yet continuous increase in pay in 2024 and future years. These numbers may vary from one industry to another.
Average Hourly Wage / Nursing Home Administrator / British Indian Ocean Territory
9 USD per hourThe average hourly wage (pay per hour) for individuals working as Nursing Home Administrator in British Indian Ocean Territory is 9 USD.This is the rate they get paid for every worked hour.
About The Hourly Pay Rate
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 fixed 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.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working as Nursing Home Administrator in British Indian Ocean Territory is 4 USD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Nursing Home Administrator VS Other Jobs
Salary comparison with similar jobs
| Job Title | Average Salary |
| Activity Assistant | 980 USD |  -36% |
| Advice Worker | 1,050 USD | -32% |
| Care Manager | 3,150 USD |  +100% |
| Care Worker | 940 USD | -39% |
| Child Care Assistant Director | 2,410 USD | +56% |
| Child Care Specialist | 3,650 USD | +140% |
| Child Care Teacher | 1,140 USD | -26% |
| Child Development Center Assistant | 1,470 USD | -5% |
| Child Development Specialist | 3,680 USD | +140% |
| Child Life Specialist | 3,800 USD | +150% |
| Child Protection Officer | 1,320 USD | -14% |
| Child Psychotherapist | 4,390 USD | +180% |
| Clinical Care Coordinator | 1,260 USD | -18% |
| Custodian | 1,660 USD | +8% |
| Day Care Director | 4,330 USD | +180% |
| Elderly Care Giver | 920 USD | -40% |
| Group Home Manager | 4,830 USD | +210% |
| Kids Activity Assistant | 930 USD | -40% |
| Live In Carer | 1,010 USD | -35% |
| Nanny | 1,140 USD | -26% |
| Nursery Nurse | 1,210 USD | -22% |
| Nursery Teacher | 980 USD | -36% |
| Nursing Home Administrator | 1,540 USD | -0% |
| Personal Assistant | 890 USD | -42% |
| Physical Health and Wellness Specialist | 4,220 USD | +170% |
| Preschool Education Coordinator | 1,730 USD | +12% |
| Primary Therapist | 3,040 USD | +97% |
| Psychiatric Aide | 1,300 USD | -16% |
| Rehabilitation Counselor | 3,650 USD | +140% |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in British Indian Ocean Territory is 21% on average across all career fields.
| Private Sector | 2,440 USD | |
| Public Sector | +21% | 2,950 USD |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Nursing Home Administrator in British Indian Ocean Territory?
A good and competitive compensation would range anywhere between 1,450 USD and 1,660 USD. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for a careers like Nursing Home Administrator in British Indian Ocean Territory ranges from 1,180 USD to 1,660 USD. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn 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
