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Media Production Manager Average Salary in Maldives 2021

How much money does a Media Production Manager make in Maldives?


Average Monthly Salary
26,400 MVR
( 316,000 MVR yearly)

LOW
13,700
MVR
AVERAGE
26,400
MVR
HIGH
40,300
MVR

A person working as a Media Production Manager in Maldives typically earns around 26,400 MVR per month. Salaries range from 13,700 MVR (lowest) to 40,300 MVR (highest).

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

Media Production Manager Salary Distribution in Maldives

Median and salary distribution monthly Maldives Media Production Manager
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The median, the maximum, the minimum, and the range

  • Salary Range

    Media Production Manager salaries in Maldives range from 13,700 MVR per month (minimum salary) to 40,300 MVR per month (maximum salary).

  • Median Salary

    The median salary is 25,300 MVR per month, which means that half (50%) of people working as Media Production Manager(s) are earning less than 25,300 MVR while the other half are earning more than 25,300 MVR. 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 Media Production Manager(s) are earning less than 17,600 MVR while 75% of them are earning more than 17,600 MVR. Also from the diagram, 75% of Media Production Manager(s) are earning less than 31,500 MVR while 25% are earning more than 31,500 MVR.


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

Media Production Manager Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Maldives Media Production Manager
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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 Media Production Manager salaries by experience level and this is what we found.

A Media Production Manager with less than two years of experience makes approximately 15,600 MVR per month.

While someone with an experience level between two and five years is expected to earn 20,900 MVR 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 27,200 MVR 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, Media Production Manager(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 32,900 MVR 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 35,900 MVR 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 37,800 MVR per month, 5% more than people with fifteen to twenty years of experience.


Media Production Manager average salary change by experience in Maldives

0 - 2 Years
15,600 MVR
2 - 5 Years+34%
20,900 MVR
5 - 10 Years+30%
27,200 MVR
10 - 15 Years+21%
32,900 MVR
15 - 20 Years+9%
35,900 MVR
20+ Years+5%
37,800 MVR
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Media Production Manager Salary Comparison By Education

How do education levels affect salaries?

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

Salary comparison by education level monthly Maldives Media Production Manager
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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 Media Production Manager salaries by education level in order to make a comparison.

When the education level is High School, the average salary of a Media Production Manager is 18,800 MVR per month.

While someone with a Certificate or Diploma gets a salary of 21,400 MVR per month, 14% more than someone having a High School degree.

A Bachelor's Degree gets its holder an average salary of 30,200 MVR 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 36,600 MVR per month, 21% more than someone with Bachelor's Degree.


Media Production Manager average salary difference by education level in Maldives

High School
18,800 MVR
Certificate or Diploma+14%
21,400 MVR
Bachelor's Degree+41%
30,200 MVR
Master's Degree+21%
36,600 MVR
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 Maldives costs anywhere from 95,600 Rufiyaa(s) to 287,000 Rufiyaa(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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Media Production Manager Salary Comparison By Gender

Salary comparison by gender monthly Maldives Media Production Manager
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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 Media Production Manager employees in Maldives earn 10% more than their female counterparts on average.

Male
27,900 MVR
Female-9%
25,300 MVR
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Maldives for all Careers

Salary comparison by gender monthly Maldives
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Media Production Manager Average Annual Salary Increment Percentage in Maldives

How much are annual salary increments in Maldives for Media Production Manager(s)? How often do employees get salary raises?

Media Production Manager

Media Production Manager(s) in Maldives are likely to observe a salary increase of approximately 8% every 30 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.

Annual Salary Increment Rate Maldives Media Production Manager
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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.

Maldives / 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 Maldives is 2%.

Annual Increment Rate By Industry 2020

Banking
5%
Energy
1%
Information Technology
6%
Healthcare
2%
Travel
7%
Construction
3%
Education
8%

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

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Media Production Manager Bonus and Incentive Rates in Maldives

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Maldives Media Production Manager
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A Media Production Manager 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.

39% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 61% 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
61%
No Bonus
39%

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.

Media Production Manager Average Hourly Wage in Maldives


150 MVR per hour

The average hourly wage (pay per hour) in Maldives is 150 MVR. This means that the average Media Production Manager in Maldives earns approximately 150 MVR 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.

Media Production Manager VS Other Jobs

Salary Comparison Between Media Production Manager and Advertising / Grapic Design / Events monthly Maldives
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The average salary for Media Production Manager is 46% more than that of Advertising / Grapic Design / Events. Also, Advertising / Grapic Design / Events salaries are 6% less than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Advertising Account Executive20,800 MVR-21%
Advertising Account Manager24,400 MVR-7%
Advertising Account Planner11,900 MVR-55%
Advertising Coordinator15,800 MVR-40%
Advertising Manager29,800 MVR+13%
Advertising Operations Manager30,300 MVR+15%
Advertising Strategic Planner19,900 MVR-25%
Advertising Team Leader17,800 MVR-32%
Animator14,200 MVR-46%
Art Director18,200 MVR-31%
Artist16,700 MVR-37%
Artworker11,600 MVR-56%
Assistant Art Director14,800 MVR-44%
Audiosual Technician11,000 MVR-58%
Broadcast Administrator20,400 MVR-23%
Catering Sales12,700 MVR-52%
Catering Trainer13,800 MVR-48%
Commercial and Industrial Designer11,300 MVR-57%
Conference Organiser14,300 MVR-46%
Content and Media Production Lead21,300 MVR-19%
CopyWriter13,500 MVR-49%
Creative Designer15,000 MVR-43%
Creative Director18,500 MVR-30%
Designer 11,500 MVR-56%
Desktop Publisher9,380 MVR-64%
Director of Graphic Design18,300 MVR-31%
Events and Promotions Manager32,300 MVR+23%
Exhibit Display Coordinator14,200 MVR-46%
Exhibit Display Manager19,600 MVR-26%
Finisher9,790 MVR-63%
Graphic Artist11,900 MVR-55%
Graphic Designer12,500 MVR-53%
Graphics Design Supervisor16,500 MVR-37%
Imagery Analyst11,200 MVR-58%
Imaging Technologist11,500 MVR-56%
Interaction Designer9,530 MVR-64%
Media Planner15,200 MVR-42%
Media Production Coordinator14,200 MVR-46%
Media Production Manager26,400 MVR+0%
Media Project Manager25,100 MVR-5%
Media Relations Representative22,100 MVR-16%
Media Sales Executive25,400 MVR-4%
Multimedia Specialist11,500 MVR-56%
Photographer10,600 MVR-60%
PPC Campaign Manager18,800 MVR-29%
Print Production Manager21,500 MVR-18%
Product and Brand Manager31,900 MVR+21%
Sales Promotion Manager31,400 MVR+19%
Sketch Artist13,500 MVR-49%
Social Media Executive23,500 MVR-11%
Technical Typist8,530 MVR-68%
User Experience UX Designer13,800 MVR-48%
UX Designer11,100 MVR-58%

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 Maldives earn 7% more than their private sector counterparts on average across all sectors.

Private Sector
18,400 MVR
Public Sector+7%
19,700 MVR
Percentage increase and decrease are relative to the previous value

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