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Wind Energy Engineer Average Salary in Micronesia 2021

How much money does a Wind Energy Engineer make in Micronesia?


Average Monthly Salary
1,200 USD
( 14,400 USD yearly)

LOW
640
USD
AVERAGE
1,200
USD
HIGH
1,830
USD

A person working as a Wind Energy Engineer in Micronesia typically earns around 1,200 USD per month. Salaries range from 640 USD (lowest) to 1,830 USD (highest).

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

Wind Energy Engineer Salary Distribution in Micronesia

Median and salary distribution monthly Micronesia Wind Energy Engineer
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The median, the maximum, the minimum, and the range

  • Salary Range

    Wind Energy Engineer salaries in Micronesia range from 640 USD per month (minimum salary) to 1,830 USD per month (maximum salary).

  • Median Salary

    The median salary is 1,130 USD per month, which means that half (50%) of people working as Wind Energy Engineer(s) are earning less than 1,130 USD while the other half are earning more than 1,130 USD. 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 Wind Energy Engineer(s) are earning less than 800 USD while 75% of them are earning more than 800 USD. Also from the diagram, 75% of Wind Energy Engineer(s) are earning less than 1,390 USD while 25% are earning more than 1,390 USD.


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

Wind Energy Engineer Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Micronesia Wind Energy Engineer
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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 Wind Energy Engineer salaries by experience level and this is what we found.

A Wind Energy Engineer with less than two years of experience makes approximately 730 USD per month.

While someone with an experience level between two and five years is expected to earn 900 USD per month, 23% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 1,280 USD per month, 42% 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, Wind Energy Engineer(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 1,490 USD per month, 17% 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 1,640 USD per month, 10% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 1,730 USD per month, 6% more than people with fifteen to twenty years of experience.


Wind Energy Engineer average salary change by experience in Micronesia

0 - 2 Years
730 USD
2 - 5 Years+23%
900 USD
5 - 10 Years+42%
1,280 USD
10 - 15 Years+17%
1,490 USD
15 - 20 Years+10%
1,640 USD
20+ Years+6%
1,730 USD
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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Wind Energy Engineer Salary Comparison By Education

How do education levels affect salaries?

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

Salary comparison by education level monthly Micronesia Wind Energy Engineer
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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 Wind Energy Engineer salaries by education level in order to make a comparison.

When the education level is Bachelor's Degree, the average salary of a Wind Energy Engineer is 830 USD per month.

While someone with a Master's Degree gets a salary of 1,600 USD per month, 93% more than someone having a Bachelor's Degree degree.


Wind Energy Engineer average salary difference by education level in Micronesia

Bachelor's Degree
830 USD
Master's Degree+93%
1,600 USD
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 Micronesia costs anywhere from 7,020 US Dollar(s) to 21,100 US 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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Wind Energy Engineer Salary Comparison By Gender

Salary comparison by gender monthly Micronesia Wind Energy Engineer
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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 Wind Energy Engineer employees in Micronesia earn 14% more than their female counterparts on average.

Male
1,260 USD
Female-12%
1,110 USD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Micronesia for all Careers

Salary comparison by gender monthly Micronesia
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Wind Energy Engineer Average Annual Salary Increment Percentage in Micronesia

How much are annual salary increments in Micronesia for Wind Energy Engineer(s)? How often do employees get salary raises?

Wind Energy Engineer

Wind Energy Engineer(s) in Micronesia are likely to observe a salary increase of approximately 8% every 28 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Micronesia Wind Energy Engineer
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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.

Micronesia / 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 Micronesia 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 Micronesia 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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Wind Energy Engineer Bonus and Incentive Rates in Micronesia

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Micronesia Wind Energy Engineer
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A Wind Energy Engineer is considered to be a low 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.

91% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 9% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 1% to 3% of their annual salary.

Received Bonus
9%
No Bonus
91%

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.

Wind Energy Engineer Average Hourly Wage in Micronesia


7 USD per hour

The average hourly wage (pay per hour) in Micronesia is 7 USD. This means that the average Wind Energy Engineer in Micronesia earns approximately 7 USD 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.

Wind Energy Engineer VS Other Jobs

Salary Comparison Between Wind Energy Engineer and Engineering monthly Micronesia
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The average salary for Wind Energy Engineer is 2% more than that of Engineering. Also, Engineering salaries are 16% less than those of All Jobs.

Salary comparison with similar jobs

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Assembly Engineering Technician930 USD-23%
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Autocad Operator760 USD-37%
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CAD Designer770 USD-36%
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Commissioning Engineer1,180 USD-2%
Communications Engineer1,280 USD+6%
Condition Monitoring Engineer1,090 USD-9%
Contract Associate Engineer1,170 USD-3%
Control Systems Engineer1,260 USD+5%
Controls Engineer1,240 USD+3%
Controls Software Engineer1,060 USD-12%
Corrosion Engineer1,110 USD-8%
Design Engineer1,320 USD+10%
Drafter740 USD-39%
Drafting Manager1,420 USD+18%
Drilling Engineer1,180 USD-2%
Electrical Draughtsman600 USD-50%
Electrical Engineer1,390 USD+15%
Electrical Engineering Manager1,700 USD+41%
Electromechanical Engineering Technologist1,270 USD+5%
Electromechanical Equipment Assembler650 USD-46%
Energy Engineer1,350 USD+12%
Engine Assembler570 USD-53%
Engineer1,310 USD+9%
Engineering Account Manager1,470 USD+22%
Engineering Chief Designer1,430 USD+19%
Engineering Consultant1,670 USD+39%
Engineering Key Account Manager1,850 USD+54%
Engineering Lab Technician1,220 USD+1%
Engineering Planning Manager1,690 USD+40%
Engineering Production Manager2,280 USD+89%
Engineering Project Analyst1,380 USD+15%
Engineering Project Coordinator 1,460 USD+21%
Engineering Project Director2,510 USD+110%
Engineering Project Manager1,700 USD+41%
Engineering Research and Development Manager2,030 USD+69%
Engineering Safety Coordinator940 USD-22%
Engineering Sales Manager1,620 USD+35%
Engineering Technician940 USD-22%
Engineering Technologist1,000 USD-17%
Environmental Engineer1,260 USD+5%
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Fabricator550 USD-54%
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Fiber Analyst730 USD-39%
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Field Engineering Manager2,090 USD+74%
Fire Engineer1,190 USD-1%
Fitter and Turner400 USD-67%
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Generation Engineer1,250 USD+4%
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HVAC Engineer1,340 USD+11%
HVAC Supervisor1,110 USD-8%
Industrial Engineer1,140 USD-5%
Industrial Engineering Technologist1,140 USD-5%
Instrument Engineer1,170 USD-3%
Instrumentation and Control Engineer1,170 USD-3%
Instrumentation Engineer1,220 USD+1%
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Locomotive Engineer1,140 USD-5%
Maintenance Engineer1,210 USD+0%
Maintenance Fitter420 USD-65%
Maintenance Manager1,230 USD+2%
Manufacturing Engineer1,170 USD-3%
Marine Engineer1,270 USD+5%
Materials Engineer1,160 USD-4%
Materials Researcher1,200 USD-0%
Materials Technician860 USD-29%
Mechanical and Electrical Engineer1,330 USD+10%
Mechanical Design Engineer1,260 USD+5%
Mechanical Designer1,070 USD-11%
Mechanical Engineer1,320 USD+10%
Mechanical Engineering Manager1,810 USD+50%
Mechanical Inspector1,170 USD-3%
Mechatronics Engineer1,340 USD+11%
Mining Engineer1,180 USD-2%
Oil and Petrochemical Engineer1,380 USD+15%
Optical Engineer1,180 USD-2%
Optical Instrument Assembler640 USD-47%
PCB Assembler430 USD-64%
Photonics Engineer1,410 USD+17%
Photonics Technician1,090 USD-9%
Pipeline Engineer1,130 USD-6%
Piping Designer700 USD-42%
Piping Engineer1,110 USD-8%
Planning Engineer1,230 USD+2%
Pressure Vessel Inspector570 USD-53%
Principal Cost Engineer1,300 USD+8%
Principal Engineer1,200 USD-0%
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Process Engineer1,170 USD-3%
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Purchasing Engineer1,090 USD-9%
Quality Assurance Engineer1,250 USD+4%
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Robotics Engineer1,460 USD+21%
Robotics Technician990 USD-18%
Safety Engineer1,230 USD+2%
Safety Inspector940 USD-22%
Safety Manager1,460 USD+21%
Safety Officer620 USD-49%
Sales Engineer1,290 USD+7%
Scheduling Engineer1,130 USD-6%
Service Engineer1,350 USD+12%
Solar Engineer1,280 USD+6%
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Stationary Engineer1,100 USD-9%
Stress Engineer1,170 USD-3%
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Structural Designer1,110 USD-8%
Structural Engineer1,210 USD+0%
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Supply Chain Specialist1,160 USD-4%
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Test Development Engineer1,190 USD-1%
Transportation Engineer1,220 USD+1%
Validation Engineer1,130 USD-6%
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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 Micronesia earn 7% more than their private sector counterparts on average across all sectors.

Private Sector
1,350 USD
Public Sector+7%
1,450 USD
Percentage increase and decrease are relative to the previous value

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