Average Alterations Specialist Salary in Cook Islands for 2024

In this article, we will look at the average Alterations Specialist salary for 2024 in Cook Islands and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the New Zealand dollar. To keep things simple, we are using the NZD currency code instead of the currency symbol $.

How Much Does an Alterations Specialist Make in Cook Islands?

An Alterations Specialist working in Cook Islands will typically earn around 23,380 NZD per year, and this can range from the lowest average salary of about 12,300 NZD to the highest average salary of 35,340 NZD.

Average Annual Salary
23,380 NZD
Average Monthly Salary
1,948 NZD

Lowest Annual Salary
12,300 NZD
Lowest Monthly Salary
1,025 NZD

Highest Annual Salary
35,340 NZD
Highest Monthly Salary
2,945 NZD

These are average salaries for an Alterations Specialist in Cook Islands and include benefits such as housing and transport. It's also possible for an Alterations Specialist to earn more or less than the average salaries shown above.

Alterations Specialist salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Alterations Specialist Salaries in Cook Islands

So we've looked at the average salaries an Alterations Specialist will earn in Cook Islands. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Alterations Specialist can earn between 12,300 NZD and 35,340 NZD on average in Cook Islands. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for an Alterations Specialist in Cook Islands is 20,760 NZD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 20,760 NZD, and 50% of the population earn more than 20,760 NZD.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Alterations Specialist salary in Cook Islands, 25% of the population are earning less than 13,100 NZD while 75% of the population earn more than 13,100 NZD.

75% of the population earn less than 30,840 NZD, and 25% of the population earn more than 30,840 NZD.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Alterations Specialist Salary by Experience Level in Cook Islands

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average alterations specialist salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. An Alterations Specialist in Cook Islands that has less than two years of experience can expect to earn somewhere in the region of 13,540 NZD.
  • 2 - 5 Years Experience. With two to five years of experience the average Alterations Specialist salary would increase to 17,540 NZD.
  • 5 - 10 Years Experience. From five to ten years of experience as an Alterations Specialist, the average salary would be 21,300 NZD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 26,400 NZD.
  • 15 - 20 Years Experience. An Alterations Specialist with 15 to 20 years of experience can earn an average of 29,640 NZD.
  • 20+ Years Experience. For an Alterations Specialist with more than 20 years, the expected average salary increases to 32,960 NZD.

Average Salary by Experience Chart

0-2 Years
13,540 NZD
2-5 Years +29%
17,540 NZD
5-10 Years +38%
21,300 NZD
10-15 Years +24%
26,400 NZD
15-20 Years +7%
29,640 NZD
20+ Years +7%
32,960 NZD

Alterations Specialist Salary by Education Level in Cook Islands

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for an Alterations Specialist in Cook Islands based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. An Alterations Specialist in Cook Islands with a high school education can earn an average salary of 17,540 NZD.

  • Certificate or Diploma. An Alterations Specialist in Cook Islands with a certificate or diploma education can earn an average salary of 24,820 NZD.

  • Bachelor's Degree. An Alterations Specialist in Cook Islands with a bachelor's degree education can earn an average salary of 31,520 NZD.

Average Salary by Education Chart

High School
17,540 NZD
Certificate or Diploma +43%
24,820 NZD
Bachelor's Degree +38%
31,520 NZD

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Cook Islands is around 23,500 to 70,600 NZD and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Alterations Specialist Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Cook Islands, a male alterations specialist will earn an average of 20,940 NZD, while a female alterations specialist will earn around 24,840 NZD.

This means that a male alterations specialist earns approximately 16% less than a female alterations specialist for performing the same job.

Average Salary by Gender Chart in Cook Islands

Male
20,940 NZD
Female +16%
24,840 NZD

Alterations Specialist Average Pay Raise in Cook Islands

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for an Alterations Specialist in Cook Islands is around 5% every 29 months.

The national average pay raise across all professions and industries in Cook Islands is around 4% every 29 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 5 ÷ 29 ) × 12  = 2%

What this means is that an Alterations Specialist in Cook Islands can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Cook Islands for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Cook Islands.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
6%
Energy
3%
Information Technology
9%
Healthcare
6%
Travel
3%
Construction
9%
Education
6%

Alterations Specialist Bonus and Incentive Rates in Cook Islands

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

An Alterations Specialist is a low bonus based job, with 12% of employees reporting at least one bonus in the last 12 months.

88% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 0% to 4%.

Received Bonus
12%
No Bonus
88%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Cook Islands earn approximately 15% more than private sector employees in the same role.

Public Sector
58,000 NZD
Private Sector -15%
50,560 NZD

Salaries for Jobs Similar to an Alterations Specialist

In the table below, we have salary information for jobs that are similar to an Alterations Specialist in Cook Islands.

Job Title Category Salary
Barber Fashion and Apparel 23,380 NZD
Bench Jeweler Fashion and Apparel 20,520 NZD
Clothing and Textile Technologist Fashion and Apparel 49,020 NZD
Cosmetology Educator Fashion and Apparel 55,940 NZD
Diamond Setter Fashion and Apparel 25,940 NZD
Diamond Worker Fashion and Apparel 31,660 NZD
Fabric Manager Fashion and Apparel 58,200 NZD
Fashion Design Manager Fashion and Apparel 91,520 NZD
Fashion Designer Fashion and Apparel 74,940 NZD
Fashion Merchandiser Fashion and Apparel 35,520 NZD
Fashion Model Fashion and Apparel 53,600 NZD
Freelance Fashion Stylist Fashion and Apparel 83,400 NZD
Garment Technologist Fashion and Apparel 49,360 NZD
Hairstylist Fashion and Apparel 25,220 NZD
Jeweler Fashion and Apparel 45,060 NZD
Jewelry Mold Maker Fashion and Apparel 31,940 NZD
Jewelry Polisher Fashion and Apparel 19,640 NZD
Jewelry Sales Fashion and Apparel 39,160 NZD
Plating Manager Fashion and Apparel 59,000 NZD
Product Development Manager Fashion and Apparel 104,040 NZD
Sewing Machine Operator Fashion and Apparel 15,920 NZD
Shoe Sales Fashion and Apparel 27,620 NZD
Supply Chain Manager Fashion and Apparel 89,120 NZD
Tailor / Fitter Fashion and Apparel 22,540 NZD
Trend Forecaster Fashion and Apparel 53,320 NZD
Visual Merchandising Coordinator Fashion and Apparel 36,720 NZD
Visual Merchandising Projects Manager Fashion and Apparel 77,380 NZD

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