Average Salary in Solomon Islands 2023
How much money does a person working in Solomon Islands make?
LOW
1,610
SBD AVERAGE
6,370
SBD HIGH
28,300
SBD
A person working in Solomon Islands typically earns around 6,370 SBD. Salaries range from 1,610 SBD (lowest average) to 28,300 SBD (highest average, actual maximum salary is higher).
Salary Variance
This is the average salary including housing, transport, and other benefits. Salaries in Solomon Islands vary drastically between different careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
Pay Scale and Salaries in Solomon Islands
Salary Structure and Pay Scale Comparison
11,800 SBD or more
9,240 to 11,800 SBD
3,590 SBD or less
3,590 to 9,240 SBD
 1,610 SBD |
5,430 SBD |
28,300 SBD |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries in Solomon Islands range from 1,610 SBD (starting salary) to 28,300 SBD (maximum average salary, actual maximum is higher). 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 5,430 SBD, which means that 50% of the population in Solomon Islands earns less than that while the other half earns more. 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 the population in Solomon Islands earn less than 3,920 SBD while 75% of them earn more. Also from the diagram, 75% of the population earn less than 8,220 SBD while 25% earn more than that.
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 into how salaries are actually distributed in Solomon Islands. Around 65% of all reported figures are in the range 3,590 SBD to 9,240 SBD. Approximately 20% fall under the 3,590 SBD cap. Ten percent of wages are from 9,240 SBD to 11,800 SBD. Only 5% of people grossed 11,800 SBD or more.
Salary Comparison by Years of Experience
How does a person's salary progress over time?
Salary is primarily determined by the level of experience one possesses, with higher levels of experience resulting in higher wages.
In Solomon Islands, employees with two to five years of experience typically earn an average of 32% more than entry-level and junior workers in all industries and fields.
Individuals with more than five years of experience tend to earn an average of 36% more than those with less than five years of experience.
After ten years of work, salaries increase by 21%, with an additional 14% increase for those who have worked for over 15 years.
These figures should be used as rough estimates, as considering individual job titles can lead to more accurate assessments.
Salary Comparison By Education
How does the education level affect your salary?
The correlation between higher education and higher salary is widely acknowledged, but how much of an income increase can one expect from obtaining a degree?
We conducted a study in Solomon Islands comparing the salaries of professionals with different levels of college degrees who held similar positions in various industries.
Our results showed that individuals with a certificate or diploma earned an average of 17% more than those who only completed high school.
Those who obtained a Bachelor's Degree earned 24% more than their counterparts with a certificate or diploma.
Professionals with a Master's Degree earned 29% more than those with a Bachelor's Degree.
Finally, those who held a PhD earned an average of 23% more than those with a Master's Degree while performing the same job.
Is investing in a Master's degree or an MBA worth it? Is pursuing higher education worth the investment?
Earning a Master's degree or any post-graduate qualification in Solomon Islands is a substantial financial commitment, with tuition fees ranging from 31,800 SBD to 95,500 SBD and a duration of around two years. It's important to note that during this period, any salary increases are unlikely, assuming ongoing employment. Salary reviews are typically conducted after completing the program and obtaining the degree.
Many individuals pursue advanced education as a means of transitioning to higher-paying positions, and the statistics indicate that this is an effective strategy. On average, individuals who change jobs after earning a higher degree receive a salary increase of about 10% more than the typical annual raise.
Ultimately, deciding whether or not to pursue advanced education depends on a variety of factors, including the personal situation and experience. However, if one can afford the financial costs of obtaining a higher degree, the return on investment is likely to be worthwhile, with the ability to recoup the costs in approximately a year.
Salary and Compensation Comparison By Gender / Solomon Islands
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? In Solomon Islands, the average difference between the salary of male and female employees is 8% across all career fields.
| Male | 6,570 SBD | |
| Female | -7% | 6,090 SBD |
Average Annual Salary Increment Percentage in Solomon Islands
How much are annual salary increments in Solomon Islands? How often do employees get salary raises?
Solomon Islands
Employees in Solomon Islands are likely to observe a salary increase of approximately 4% every 29 months.
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
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 in Solomon Islands
How much and how often are bonuses being awarded?
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69% of surveyed staff in Solomon Islands reported that they haven't received any bonuses or incentives in the previous year while 31% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 4% to 5% of their annual salary.
| Received Bonus | 31% | |
| No Bonus | 69% |
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.
Bonus Rates Comparison by Career Field
| Finance | High | |
| Architecture | High | |
| Sales | High | |
| Business Development | High | |
| Marketing / Advertising | High | |
| Information Technology | Moderate | |
| Healthcare | Moderate | |
| Insurance | Moderate | |
| Customer Service | Moderate | |
| Human Resources | Moderate | |
| Construction | Low | |
| Transport | Low | |
| Hospitality | Low |
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.
Salaries for popular jobs. Salaries by occupations.
| Job Title | Average Salary |
| Accounting and Finance | |
| Accountant | 3,940 SBD |
| Accounting Assistant | 3,080 SBD |
| Accounting Manager | 9,440 SBD |
| Bookkeeper | 2,880 SBD |
| Chartered Accountant | 5,540 SBD |
| Corporate Treasurer | 8,270 SBD |
| Financial Analyst | 7,930 SBD |
| Financial Manager | 12,400 SBD |
| Internal Auditor | 5,860 SBD |
Administration / Reception / Secretarial | |
| Administrative Assistant | 3,270 SBD |
| Office Manager | 5,350 SBD |
| Receptionist | 2,200 SBD |
| Secretary | 2,750 SBD |
Advertising / Graphic Design / Events | |
| Art Director | 5,990 SBD |
| Creative Director | 5,950 SBD |
| Graphic Designer | 3,770 SBD |
| Photographer | 3,310 SBD |
Airlines / Aviation / Aerospace / Defense | |
| Aerospace Engineer | 7,560 SBD |
| Air Traffic Controller | 6,490 SBD |
| Flight Attendant | 4,040 SBD |
| Pilot | 10,000 SBD |
Architecture | |
| Architect | 6,940 SBD |
| CAD Drafter | 2,940 SBD |
Automotive | |
| Mechanic | 2,340 SBD |
| Service Advisor | 4,300 SBD |
Banking | |
| Bank Branch Manager | 10,300 SBD |
| Teller | 2,300 SBD |
Bilingual | |
| Teacher | 4,700 SBD |
| Translator | 5,540 SBD |
Business Planning | |
| Business Analyst | 7,610 SBD |
| Business Development Manager | 9,460 SBD |
| Project Manager | 6,910 SBD |
Care Giving and Child Care | |
| Nanny | 2,520 SBD |
| Nursery Teacher | 2,250 SBD |
Construction / Building / Installation | |
| Civil Engineer | 5,460 SBD |
| Construction Project Manager | 9,510 SBD |
| Health and Safety Officer | 2,730 SBD |
Customer Service and Call Center | |
| Call Center Representative | 2,340 SBD |
| Customer Service Manager | 8,340 SBD |
| Customer Service Representative | 2,310 SBD |
Engineering | |
| Electrical Engineer | 5,800 SBD |
| Engineer | 5,560 SBD |
| Mechanical Engineer | 5,520 SBD |
Executive and Management | |
| Chief Executive Officer | 14,100 SBD |
| Chief Financial Officer | 12,300 SBD |
| General Manager | 10,800 SBD |
Food / Hospitality / Tourism / Catering | |
| Chef | 3,590 SBD |
| Executive Chef | 4,140 SBD |
| Hotel Manager | 11,300 SBD |
| Travel Agent | 3,910 SBD |
| Waiter / Waitress | 1,950 SBD |
Health and Medical | |
| Dentist | 14,600 SBD |
| Dietitian | 12,100 SBD |
| Laboratory Technician | 4,380 SBD |
| Nurse | 4,610 SBD |
Human Resources | |
| Human Resources Manager | 8,990 SBD |
| Human Resources Officer | 3,580 SBD |
Information Technology | |
| Computer Technician | 4,580 SBD |
| Database Administrator | 6,140 SBD |
| Developer / Programmer | 5,660 SBD |
| Information Technology Manager | 9,820 SBD |
| Network Engineer | 4,940 SBD |
Law Enforcement / Security / Fire | |
| Police Officer | 3,770 SBD |
Legal | |
| Attorney | 12,100 SBD |
| Legal Assistant | 3,260 SBD |
Media / Broadcasting / Arts / Entertainment | |
| Journalist | 6,420 SBD |
Pharmaceutical and Biotechnology | |
| Biomedical Engineer | 4,940 SBD |
| Pharmacist | 7,320 SBD |
Sales Retail and Wholesale | |
| Cashier | 2,210 SBD |
| Sales Manager | 10,100 SBD |
| Sales Representative | 3,800 SBD |
Teaching / Education | |
| Elementary School Teacher | 4,280 SBD |
| Secondary School Teacher | 4,910 SBD |
Average Hourly Wage in Solomon Islands
37 SBD per hourThe average hourly wage (pay per hour) for all employees in Solomon Islands is 37 SBD.This is the rate that the average individual gets 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 a person in Solomon Islands is 9 SBD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
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 Solomon Islands is 11% on average across all career fields.
| Private Sector | 5,990 SBD | |
| Public Sector | +11% | 6,620 SBD |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary in Solomon Islands?
It is extremely difficult to give an exact figure of a good salary when no specific job is selected, however; an estimate can be provided based purely on the cost of living. A good compensation in Solomon Islands would range anywhere between 5,430 SBD and 8,220 SBD.
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 in Solomon Islands ranges from 1,610 SBD to 3,920 SBD. The base salary depends on many factors including profession, 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
