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AML Analyst Average Salary in Cook Islands 2023

How much money does a person working as AML Analyst make in Cook Islands?

Average Monthly Salary
7,150 NZD
( 85,700 NZD yearly)


A person working as AML Analyst in Cook Islands typically earns around 7,150 NZD per month. Salaries range from 3,290 NZD (lowest) to 11,400 NZD (highest).

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

AML Analyst Pay Scale and Salaries in Cook Islands

Median and salary distribution Cook Islands AML Analyst monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
6,780 NZD or more
10% of people earn
5,940 to 6,780 NZD
20% of people earn
4,090 NZD or less
65% of people earn
4,090 to 5,940 NZD
Minimum Salary
3,290 NZD
6,830 NZD
11,400 NZD

Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

  • Salary Range, Minimum Wage, and Starting Salary

    AML Analyst salaries in Cook Islands range from 3,290 NZD per month (starting salary) to 11,400 NZD per month (maximum salary). This is not the minimum wage as per the law, only the lowest reported number in the salary survey that had thousands of participants and professionals from all over the country.

  • Median Salary

    The median salary is 6,830 NZD per month, which means that half (50%) of people working as AML Analyst(s) are earning less than 6,830 NZD while the other half are earning more than 6,830 NZD. 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 and Salary Scale

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of AML Analyst(s) are earning less than 5,510 NZD while 75% of them are earning more than 5,510 NZD. Also from the diagram, 75% of AML Analyst(s) are earning less than 7,870 NZD while 25% are earning more than 7,870 NZD.

  • Pay Scale Structure

    We grouped the most common and recurring salaries into brackets to give more insight into what salary to expect. This method is more accurate than just the average salary and gives more insights on how salaries are actually distributed. Around 65% of all reported figures are in the range 4,090 NZD to 5,940 NZD. Approximatly 20% fall under the 4,090 NZD cap. Ten percent of wages are from 5,940 NZD to 6,780 NZD. Only 5% of people grossed 6,780 NZD or more.

AML Analyst Salary Comparison by Years of Experience

How does experience and age affect your pay?

AML Analyst average salary change by experience in Cook Islands

0 - 2 Years
3,730 NZD
2 - 5 Years+34%
4,980 NZD
5 - 10 Years+48%
7,360 NZD
10 - 15 Years+22%
8,980 NZD
15 - 20 Years+9%
9,790 NZD
20+ Years+8%
10,600 NZD
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Cook Islands AML Analyst
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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 AML Analyst salaries by experience level and this is what we found.

Employees with less than two years of experience makes approximately 3,730 NZD per month.

While someone with an experience level between two and five years is expected to earn 4,980 NZD per month, 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 7,360 NZD per month, 48% 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, AML Analyst whose expertise span anywhere between ten and fifteen years get a salary equivalent to 8,980 NZD per month, 22% 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 9,790 NZD 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 10,600 NZD per month, 8% more than people with fifteen to twenty years of experience.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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AML Analyst Salary Comparison By Education

How do education levels affect salaries?

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

AML Analyst average salary difference by education level in Cook Islands

Certificate or Diploma
4,260 NZD
Bachelor's Degree+57%
6,680 NZD
Master's Degree+68%
11,200 NZD
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Cook Islands AML Analyst
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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 AML Analyst salaries by education level in order to make a comparison.

When the education level is Certificate or Diploma, the average salary is 4,260 NZD per month.

While someone with a Bachelor's Degree gets a salary of 6,680 NZD per month, 57% more than someone having a Certificate or Diploma degree.

People with Master's Degree have an average salary of 11,200 NZD per month, 68% more than someone with a Bachelor's Degree.

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 Cook Islands costs anywhere from 23,500 New Zealand Dollar(s) to 70,600 New Zealand 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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Salary and Compensation Comparison By Gender - AML Analyst

Salary comparison by gender Cook Islands AML Analyst monthly
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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 AML Analyst employees in Cook Islands earn 19% more than their female counterparts on average.

7,770 NZD
6,520 NZD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Cook Islands for all Careers

Salary comparison by gender monthly Cook Islands
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AML Analyst Average Annual Salary Increment Percentage in Cook Islands

How much are annual salary increments in Cook Islands for AML Analyst(s)? How often do employees get salary raises?

AML Analyst

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

Annual Salary Increment Rate Cook Islands AML Analyst
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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.

Cook Islands / All Professions

Annual Salary Increment Rate Cook Islands
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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 Cook Islands is 2%.

Annual Increment Rate By Industry 2022

Information Technology

Listed above are the average annual increase rates for each industry in Cook Islands 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

World Average Annual Salary Increment
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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.

AML Analyst Bonus and Incentive Rates in Cook Islands

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Cook Islands AML Analyst
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"AML Analyst" is considered to be a high bonus-based job. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

33% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 67% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 5% to 9% 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.

AML Analyst Salary Trend and Forecast in Cook Islands

How are AML Analyst salaries changing over time? Listed below is a chart that shows the average salary in recent years.

Average Salary 2019
6,180 NZD
Average Salary 2020+4%
6,410 NZD
Average Salary 2021+4%
6,640 NZD
Average Salary 2022+4%
6,890 NZD
Percentage increase and decrease are relative to the previous value

AML Analyst salaries in Cook Islands are on the rise in the year 2023 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2022 are 4% higher than those of 2021. The trend suggests a slow yet continuous increase in pay in 2024 and future years. These numbers may vary from industry to another.

Salary trends and forecast monthly Cook Islands AML Analyst
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AML Analyst Average Hourly Wage in Cook Islands

41 NZD per hour

The average hourly wage (pay per hour) in Cook Islands is 41 NZD. This means that the average AML Analyst in Cook Islands earns approximately 41 NZD for every worked hour.

Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

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 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.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for 'AML Analyst' in Cook Islands is 19 NZD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

AML Analyst VS Other Jobs

7,150 NZD
5,120 NZD
4,710 NZD
Average Salary
AML Analyst
Average Salary
Average Salary
All Jobs

The average salary for AML Analyst is 40% more than that of Banking. Also, Banking salaries are 9% more than those of All Jobs.

Salary Comparison Between AML Analyst and Banking monthly Cook Islands
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Salary comparison with similar jobs

Job TitleAverage Salary
AML Analyst7,150 NZD+0%
Assistant Bank Branch Manager6,460 NZD-10%
Assistant Bank Manager8,460 NZD+18%
ATM Manager6,810 NZD-5%
ATM Service Technician1,970 NZD-72%
Bank Accounts Analyst2,670 NZD-63%
Bank Accounts Controller3,460 NZD-52%
Bank Accounts Executive5,400 NZD-24%
Bank Accounts Manager5,970 NZD-16%
Bank Auditing Manager6,060 NZD-15%
Bank Branch Manager8,370 NZD+17%
Bank Clerk1,540 NZD-78%
Bank Compliance Specialist4,430 NZD-38%
Bank Manager9,500 NZD+33%
Bank Operational Risk Manager9,350 NZD+31%
Bank Operations Head9,680 NZD+35%
Bank Operations Officer4,030 NZD-44%
Bank Operations Specialist6,250 NZD-13%
Bank Process Manager5,280 NZD-26%
Bank Product Manager 6,480 NZD-9%
Bank Programme Manager7,040 NZD-1%
Bank Project Manager8,110 NZD+14%
Bank Propositions Manager6,990 NZD-2%
Bank Quantitative Analyst4,850 NZD-32%
Bank Regional Manager9,950 NZD+39%
Bank Regional Risk Officer4,950 NZD-31%
Bank Relationship Manager7,680 NZD+7%
Bank Relationship Officer3,420 NZD-52%
Banker3,380 NZD-53%
Banking Business Analyst5,210 NZD-27%
Banking Business Development Officer3,220 NZD-55%
Banking Business Planning Executive7,060 NZD-1%
Banking Product Manager6,120 NZD-14%
Banking Reference Data Manager5,560 NZD-22%
Banking Risk Analyst4,860 NZD-32%
Banking Technical Analyst2,710 NZD-62%
Bankruptcy Coordinator3,530 NZD-51%
Budget Analyst5,070 NZD-29%
Cards Marketing Manager6,300 NZD-12%
Cash Management Manager8,560 NZD+20%
Check Processing Manager6,670 NZD-7%
Commercial Vault Associate5,120 NZD-28%
Corporate Dealer5,390 NZD-25%
Credit Analyst3,810 NZD-47%
Credit and Collections Manager6,980 NZD-2%
Credit Card Fraud Investigator5,090 NZD-29%
Credit Portfolio Manager9,720 NZD+36%
Credit Risk Analyst5,730 NZD-20%
Credit Risk Associate5,520 NZD-23%
Direct Bank Sales Representative3,670 NZD-49%
Financial Bank Planning Consultant6,290 NZD-12%
Financial Banking Analysis Manager7,640 NZD+7%
Financial Banking Assistant2,360 NZD-67%
Financial Banking Systems Manager7,090 NZD-1%
Foreign Exchange Manager7,220 NZD+1%
Fraud Analyst5,270 NZD-26%
Fraud Detection Associate3,770 NZD-47%
Fraud Detection Manager8,160 NZD+14%
Fraud Detection Supervisor4,330 NZD-39%
Internal Bank Audit Manager9,050 NZD+27%
Internal Bank Auditor5,060 NZD-29%
International Banking Manager10,200 NZD+43%
Loan Analyst5,120 NZD-28%
Loan Area Manager5,960 NZD-17%
Loan Audit Team Leader5,580 NZD-22%
Loan Branch Manager5,820 NZD-19%
Loan Business Development Officer2,990 NZD-58%
Loan Clerk1,840 NZD-74%
Loan Collection Manager5,920 NZD-17%
Loan Collector1,620 NZD-77%
Loan Examiner2,270 NZD-68%
Loan Processing Manager5,340 NZD-25%
Loan Processor2,350 NZD-67%
Loan Quality Assurance Auditor5,020 NZD-30%
Loan Quality Assurance Manager5,880 NZD-18%
Loan Quality Assurance Representative3,730 NZD-48%
Loan Review Manager5,930 NZD-17%
Loan Team Leader5,040 NZD-29%
Mortgage Advisor3,650 NZD-49%
Mortgage Collection Manager5,860 NZD-18%
Mortgage Collector1,720 NZD-76%
Mortgage Credit Analyst2,660 NZD-63%
Mortgage Credit Manager5,890 NZD-18%
Mortgage Development Manager6,430 NZD-10%
Mortgage Document Reviewer2,300 NZD-68%
Mortgage Funding Manager6,510 NZD-9%
Mortgage Operations Manager9,190 NZD+29%
Mortgage Payment Processing Clerk1,930 NZD-73%
Mortgage Processing Manager6,060 NZD-15%
Mortgage Processor2,270 NZD-68%
Mortgage Quality Assurance Auditor5,260 NZD-26%
Mortgage Quality Assurance Manager5,730 NZD-20%
Mortgage Servicing Clerk1,840 NZD-74%
Mortgage Servicing Manager5,570 NZD-22%
Mortgage Underwriter2,250 NZD-69%
Online Banking Manager9,110 NZD+28%
Payment Processing Clerk1,770 NZD-75%
Personal Banker3,640 NZD-49%
Personal Banking Advisor 3,810 NZD-47%
Phone Banker2,390 NZD-67%
Private Banker3,800 NZD-47%
Reconciliation and Investigation Specialist4,360 NZD-39%
Teller1,710 NZD-76%
Trade Officer2,070 NZD-71%
Trade Product Manager6,240 NZD-13%
Trader2,490 NZD-65%
Treasury Operations Officer4,550 NZD-36%

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 Cook Islands earn 14% more than their private sector counterparts on average across all sectors.

Private Sector
4,330 NZD
Public Sector+14%
4,950 NZD
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for AML Analyst in Cook Islands?

A good and competitive compensation would range anywhere between 6,830 NZD and 7,870 NZD. This is a very rough estimate and your experience and education will play a very huge part into your 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 salart after tax for every career.

Base / Basic Salary

The base salary for AML Analyst in Cook Islands is ranges from 5,510 NZD to 7,870 NZD. 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 in 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 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

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