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Average Salary in Jersey 2021

How much money does a person working in Jersey make?


Average Monthly Salary
5,150 GBP
( 61,800 GBP yearly)

LOW
1,300
GBP
AVERAGE
5,150
GBP
HIGH
23,000
GBP

A person working in Jersey typically earns around 5,150 GBP per month. Salaries range from 1,300 GBP (lowest average) to 23,000 GBP (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 Jersey

Median and salary distribution monthly Jersey
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The median, the maximum, the minimum, and the range

  • Salary Range

    Salaries in Jersey range from 1,300 GBP per month (minimum salary) to 23,000 GBP per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 5,560 GBP per month, which means that half (50%) of the population are earning less than 5,560 GBP while the other half are earning more than 5,560 GBP. 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 3,090 GBP while 75% of them are earning more than 3,090 GBP. Also from the diagram, 75% of the population are earning less than 15,400 GBP while 25% are earning more than 15,400 GBP.


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 Jersey costs anywhere from 25,800 Pound Sterling(s) to 77,300 Pound Sterling(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 Jersey
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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 Jersey earn 19% more than their female counterparts on avergae across all sectors.

Male
5,600 GBP
Female-16%
4,700 GBP
Percentage increase and decrease are relative to the previous value

Average Annual Salary Increment Percentage in Jersey

How much are annual salary increments in Jersey? How often do employees get salary raises?

Jersey

Employees in Jersey are likely to observe a salary increase of approximately 5% every 28 months.

Annual Salary Increment Rate Jersey
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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 Jersey is 2%.

Annual Increment Rate By Industry 2020

Banking
9%
Energy
9%
Information Technology
9%
Healthcare
9%
Travel
9%
Construction
9%
Education
9%

Listed above are the average annual increase rates for each industry in Jersey for the year 2020. 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%
Mid-Career
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 Jersey

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Jersey
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61% of surveyed staff in Jersey reported that they haven't received any bonuses or incentives in the previous year while 39% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 2% to 7% of their annual salary.

Received Bonus
39%
No Bonus
61%

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

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 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.

Example:
A graphics designer working for a graphics designing company.

Example:
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
Accountant3,810 GBP
Accounting Assistant3,000 GBP
Accounting Manager7,660 GBP
Bookkeeper2,470 GBP
Chartered Accountant5,000 GBP
Corporate Treasurer7,070 GBP
Financial Analyst6,490 GBP
Financial Manager10,600 GBP
Internal Auditor4,930 GBP

Administration / Reception / Secretarial
Administrative Assistant2,670 GBP
Office Manager4,450 GBP
Receptionist2,070 GBP
Secretary2,380 GBP

Advertising / Grapic Design / Events
Art Director5,210 GBP
Creative Director5,500 GBP
Graphic Designer3,300 GBP
Photographer2,950 GBP

Airlines / Aviation / Aerospace / Defense
Aerospace Engineer7,110 GBP
Air Traffic Controller5,570 GBP
Flight Attendant3,500 GBP
Pilot9,110 GBP

Architecture
Architect6,640 GBP
CAD Drafter2,640 GBP

Automotive
Mechanic2,040 GBP
Service Advisor3,820 GBP

Banking
Bank Branch Manager9,850 GBP
Teller1,920 GBP

Bilingual
Teacher4,200 GBP
Translator5,000 GBP

Business Planning
Business Analyst6,630 GBP
Business Development Manager8,750 GBP
Project Manager5,750 GBP

Care Giving and Child Care
Nanny2,130 GBP
Nursery Teacher1,930 GBP

Construction / Building / Installation
Civil Engineer4,870 GBP
Construction Project Manager8,470 GBP
Health and Safety Officer2,330 GBP

Customer Service and Call Center
Call Center Representative2,090 GBP
Customer Service Manager7,330 GBP
Customer Service Representative2,050 GBP

Engineering
Electrical Engineer5,310 GBP
Engineer5,190 GBP
Mechanical Engineer4,830 GBP

Executive and Management
Chief Executive Officer12,300 GBP
Chief Financial Officer11,000 GBP
General Manager9,500 GBP

Food / Hospitality / Tourism / Catering
Chef3,220 GBP
Executive Chef3,790 GBP
Hotel Manager9,500 GBP
Travel Agent3,290 GBP
Waiter / Waitress1,660 GBP

Health and Medical
Dentist13,200 GBP
Dietitian10,300 GBP
Laboratory Technician3,830 GBP
Nurse4,040 GBP

Human Resources
Human Resources Manager7,660 GBP
Human Resources Officer3,170 GBP

Information Technology
Computer Technician4,240 GBP
Database Administrator5,020 GBP
Developer / Programmer5,270 GBP
Information Technology Manager8,920 GBP
Network Engineer4,650 GBP

Law Enforcement / Security / Fire
Police Officer3,140 GBP

Legal
Attorney9,920 GBP
Legal Assistant2,690 GBP

Media / Broadcasting / Arts / Entertainment
Journalist6,250 GBP

Pharmaceutical and Biotechnology
Biomedical Engineer4,560 GBP
Pharmacist6,760 GBP

Sales Retail and Wholesale
Cashier2,000 GBP
Sales Manager9,590 GBP
Sales Representative3,290 GBP

Teaching / Education
Elementary School Teacher3,840 GBP
Secondary School Teacher4,310 GBP

Average Hourly Wage in Jersey


30 GBP per hour

The average hourly wage (pay per hour) in Jersey is 30 GBP. This means that the average person in Jersey earns approximately 30 GBP 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 Jersey earn 25% more than their private sector counterparts on average across all sectors.

Private Sector
4,580 GBP
Public Sector+25%
5,720 GBP
Percentage increase and decrease are relative to the previous value

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