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Average Salary in Seychelles 2021

How much money does a person working in Seychelles make?


Average Monthly Salary
19,600 SCR
( 236,000 SCR yearly)

LOW
4,970
SCR
AVERAGE
19,600
SCR
HIGH
87,700
SCR

A person working in Seychelles typically earns around 19,600 SCR per month. Salaries range from 4,970 SCR (lowest average) to 87,700 SCR (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 Seychelles

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

  • Salary Range

    Salaries in Seychelles range from 4,970 SCR per month (minimum salary) to 87,700 SCR per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 19,600 SCR per month, which means that half (50%) of the population are earning less than 19,600 SCR while the other half are earning more than 19,600 SCR. 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 11,100 SCR while 75% of them are earning more than 11,100 SCR. Also from the diagram, 75% of the population are earning less than 53,700 SCR while 25% are earning more than 53,700 SCR.


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 Seychelles costs anywhere from 98,200 Seychelles Rupee(s) to 295,000 Seychelles Rupee(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 Seychelles
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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 Seychelles earn 6% more than their female counterparts on avergae across all sectors.

Male
20,200 SCR
Female-6%
19,000 SCR
Percentage increase and decrease are relative to the previous value

Average Annual Salary Increment Percentage in Seychelles

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

Seychelles

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

Annual Salary Increment Rate Seychelles
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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 Seychelles 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 Seychelles 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 Seychelles

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Seychelles
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65% of surveyed staff in Seychelles reported that they haven't received any bonuses or incentives in the previous year while 35% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.

Received Bonus
35%
No Bonus
65%

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
Accountant12,400 SCR
Accounting Assistant9,640 SCR
Accounting Manager29,200 SCR
Bookkeeper9,040 SCR
Chartered Accountant16,900 SCR
Corporate Treasurer24,600 SCR
Financial Analyst23,100 SCR
Financial Manager37,300 SCR
Internal Auditor16,800 SCR

Administration / Reception / Secretarial
Administrative Assistant9,530 SCR
Office Manager16,100 SCR
Receptionist7,080 SCR
Secretary8,150 SCR

Advertising / Grapic Design / Events
Art Director18,400 SCR
Creative Director17,700 SCR
Graphic Designer12,100 SCR
Photographer10,500 SCR

Airlines / Aviation / Aerospace / Defense
Aerospace Engineer23,300 SCR
Air Traffic Controller19,900 SCR
Flight Attendant12,900 SCR
Pilot31,200 SCR

Architecture
Architect23,200 SCR
CAD Drafter9,620 SCR

Automotive
Mechanic6,970 SCR
Service Advisor12,700 SCR

Banking
Bank Branch Manager32,500 SCR
Teller6,960 SCR

Bilingual
Teacher14,400 SCR
Translator16,900 SCR

Business Planning
Business Analyst22,400 SCR
Business Development Manager28,100 SCR
Project Manager20,900 SCR

Care Giving and Child Care
Nanny7,450 SCR
Nursery Teacher7,270 SCR

Construction / Building / Installation
Civil Engineer17,300 SCR
Construction Project Manager31,300 SCR
Health and Safety Officer8,480 SCR

Customer Service and Call Center
Call Center Representative6,850 SCR
Customer Service Manager25,800 SCR
Customer Service Representative7,130 SCR

Engineering
Electrical Engineer18,100 SCR
Engineer17,200 SCR
Mechanical Engineer17,500 SCR

Executive and Management
Chief Executive Officer41,800 SCR
Chief Financial Officer39,200 SCR
General Manager33,500 SCR

Food / Hospitality / Tourism / Catering
Chef11,700 SCR
Executive Chef13,400 SCR
Hotel Manager34,300 SCR
Travel Agent11,200 SCR
Waiter / Waitress6,160 SCR

Health and Medical
Dentist44,600 SCR
Dietitian37,900 SCR
Laboratory Technician13,900 SCR
Nurse14,000 SCR

Human Resources
Human Resources Manager29,200 SCR
Human Resources Officer11,400 SCR

Information Technology
Computer Technician13,600 SCR
Database Administrator17,900 SCR
Developer / Programmer17,300 SCR
Information Technology Manager30,900 SCR
Network Engineer15,800 SCR

Law Enforcement / Security / Fire
Police Officer11,500 SCR

Legal
Attorney35,400 SCR
Legal Assistant9,470 SCR

Media / Broadcasting / Arts / Entertainment
Journalist20,100 SCR

Pharmaceutical and Biotechnology
Biomedical Engineer15,200 SCR
Pharmacist23,600 SCR

Sales Retail and Wholesale
Cashier7,250 SCR
Sales Manager32,400 SCR
Sales Representative12,100 SCR

Teaching / Education
Elementary School Teacher12,600 SCR
Secondary School Teacher15,000 SCR

Average Hourly Wage in Seychelles


110 SCR per hour

The average hourly wage (pay per hour) in Seychelles is 110 SCR. This means that the average person in Seychelles earns approximately 110 SCR 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 Seychelles earn 7% more than their private sector counterparts on average across all sectors.

Private Sector
18,900 SCR
Public Sector+7%
20,200 SCR
Percentage increase and decrease are relative to the previous value

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