HOME BROWSE SALARIES BEST PAYING JOBS
Browse Salaries
Best Paying Jobs
Salary Increase Letters
Career Articles

Investor Relations Officer Average Salary in Kiribati 2021

How much money does an Investor Relations Officer make in Kiribati?


Average Monthly Salary
4,040 AUD
( 48,500 AUD yearly)

LOW
2,100
AUD
AVERAGE
4,040
AUD
HIGH
6,180
AUD

A person working as an Investor Relations Officer in Kiribati typically earns around 4,040 AUD per month. Salaries range from 2,100 AUD (lowest) to 6,180 AUD (highest).

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

Investor Relations Officer Salary Distribution in Kiribati

Median and salary distribution monthly Kiribati Investor Relations Officer
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/kiribati/public-relations/investor-relations-officer/median-and-salary-distribution-monthly-kiribati-investor-relations-officer.jpg

The median, the maximum, the minimum, and the range

  • Salary Range

    Investor Relations Officer salaries in Kiribati range from 2,100 AUD per month (minimum salary) to 6,180 AUD per month (maximum salary).

  • Median Salary

    The median salary is 3,880 AUD per month, which means that half (50%) of people working as Investor Relations Officer(s) are earning less than 3,880 AUD while the other half are earning more than 3,880 AUD. 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 Investor Relations Officer(s) are earning less than 2,690 AUD while 75% of them are earning more than 2,690 AUD. Also from the diagram, 75% of Investor Relations Officer(s) are earning less than 4,830 AUD while 25% are earning more than 4,830 AUD.


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

Investor Relations Officer Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Kiribati Investor Relations Officer
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/kiribati/public-relations/investor-relations-officer/salary-comparison-by-years-of-experience-monthly-kiribati-investor-relations-officer.jpg

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 Investor Relations Officer salaries by experience level and this is what we found.

An Investor Relations Officer with less than two years of experience makes approximately 2,390 AUD per month.

While someone with an experience level between two and five years is expected to earn 3,200 AUD 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 4,160 AUD per month, 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, Investor Relations Officer(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 5,040 AUD per month, 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 5,510 AUD 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 5,790 AUD per month, 5% more than people with fifteen to twenty years of experience.


Investor Relations Officer average salary change by experience in Kiribati

0 - 2 Years
2,390 AUD
2 - 5 Years+34%
3,200 AUD
5 - 10 Years+30%
4,160 AUD
10 - 15 Years+21%
5,040 AUD
15 - 20 Years+9%
5,510 AUD
20+ Years+5%
5,790 AUD
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg

Investor Relations Officer Salary Comparison By Education

How do education levels affect salaries?

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

Salary comparison by education level monthly Kiribati Investor Relations Officer
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/kiribati/public-relations/investor-relations-officer/salary-comparison-by-education-level-monthly-kiribati-investor-relations-officer.jpg

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 Investor Relations Officer salaries by education level in order to make a comparison.

When the education level is High School, the average salary of an Investor Relations Officer is 2,880 AUD per month.

While someone with a Certificate or Diploma gets a salary of 3,280 AUD per month, 14% more than someone having a High School degree.

A Bachelor's Degree gets its holder an average salary of 4,630 AUD per month, 41% more than someone with a Certificate or Diploma.

Professionals who hold a Master's Degree are rewarded with an average salary of 5,610 AUD per month, 21% more than someone with Bachelor's Degree.


Investor Relations Officer average salary difference by education level in Kiribati

High School
2,880 AUD
Certificate or Diploma+14%
3,280 AUD
Bachelor's Degree+41%
4,630 AUD
Master's Degree+21%
5,610 AUD
Percentage increase and decrease are relative to the previous value

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 Kiribati costs anywhere from 19,400 Australian Dollar(s) to 58,200 Australian 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
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg


Investor Relations Officer Salary Comparison By Gender

Salary comparison by gender monthly Kiribati Investor Relations Officer
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/kiribati/public-relations/investor-relations-officer/salary-comparison-by-gender-monthly-kiribati-investor-relations-officer.jpg

Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Investor Relations Officer employees in Kiribati earn 11% more than their female counterparts on average.

Male
4,300 AUD
Female-10%
3,870 AUD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Kiribati for all Careers

Salary comparison by gender monthly Kiribati
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/kiribati/salary-comparison-by-gender-monthly-kiribati.jpg

Investor Relations Officer Average Annual Salary Increment Percentage in Kiribati

How much are annual salary increments in Kiribati for Investor Relations Officer(s)? How often do employees get salary raises?

Investor Relations Officer

Investor Relations Officer(s) in Kiribati are likely to observe a salary increase of approximately 8% every 29 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Kiribati Investor Relations Officer
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/kiribati/public-relations/investor-relations-officer/annual-salary-increment-rate-kiribati-investor-relations-officer.jpg


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.

Kiribati / 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 Kiribati is 2%.

Annual Increment Rate By Industry 2020

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 Kiribati 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.


Worldwide Salary Raises: All Countries and All Jobs

Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-increment-world.jpg

Investor Relations Officer Bonus and Incentive Rates in Kiribati

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Kiribati Investor Relations Officer
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/kiribati/public-relations/investor-relations-officer/annual-salary-bonus-rate-kiribati-investor-relations-officer.jpg

An Investor Relations Officer 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.

40% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 60% 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
60%
No Bonus
40%

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.

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.

Investor Relations Officer Average Hourly Wage in Kiribati


23 AUD per hour

The average hourly wage (pay per hour) in Kiribati is 23 AUD. This means that the average Investor Relations Officer in Kiribati earns approximately 23 AUD 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.

Investor Relations Officer VS Other Jobs

Salary Comparison Between Investor Relations Officer and Public Relations monthly Kiribati
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/kiribati/public-relations/investor-relations-officer/salary-comparison-between-investor-relations-officer-and-public-relations-monthly-kiribati.jpg

The average salary for Investor Relations Officer is 4% more than that of Public Relations. Also, Public Relations salaries are 1% more than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Communications Associate2,080 AUD-49%
Communications Specialist2,460 AUD-39%
Director of Communications5,510 AUD+36%
Government Relations Officer3,620 AUD-10%
Head of Public Relations6,630 AUD+64%
Investor Relations Officer4,040 AUD=
Media Relations Specialist5,050 AUD+25%
Meetings Coordinator1,850 AUD-54%
Public Relations Manager6,230 AUD+54%
Public Relations Officer2,360 AUD-42%
Public Relations Practitioner2,970 AUD-26%
Public Relations Specialist2,570 AUD-36%
Relationship Management Officer2,040 AUD-50%

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 Kiribati earn 21% more than their private sector counterparts on average across all sectors.

Private Sector
3,530 AUD
Public Sector+21%
4,270 AUD
Percentage increase and decrease are relative to the previous value

Browse Salaries

Salary Increase Letters

Best Paying Jobs
HomePrivacy PolicySalary Comparison

©Salary Explorer 2021