Average Automotive Project Manager Salary in Micronesia for 2024

In this article, we will look at the average Automotive Project Manager salary for 2024 in Micronesia 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 United States dollar. To keep things simple, we are using the USD currency code instead of the currency symbol $.

How Much Does an Automotive Project Manager Make in Micronesia?

An Automotive Project Manager working in Micronesia will typically earn around 19,980 USD per year, and this can range from the lowest average salary of about 10,220 USD to the highest average salary of 32,900 USD.

Average Annual Salary
19,980 USD
Average Monthly Salary
1,665 USD

Lowest Annual Salary
10,220 USD
Lowest Monthly Salary
851 USD

Highest Annual Salary
32,900 USD
Highest Monthly Salary
2,741 USD

These are average salaries for an Automotive Project Manager in Micronesia and include benefits such as housing and transport. It's also possible for an Automotive Project Manager to earn more or less than the average salaries shown above.

Automotive Project Manager 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 Automotive Project Manager Salaries in Micronesia

So we've looked at the average salaries an Automotive Project Manager will earn in Micronesia. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Automotive Project Manager can earn between 10,220 USD and 32,900 USD on average in Micronesia. 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 Automotive Project Manager in Micronesia is 21,400 USD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 21,400 USD, and 50% of the population earn more than 21,400 USD.

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 Automotive Project Manager salary in Micronesia, 25% of the population are earning less than 14,200 USD while 75% of the population earn more than 14,200 USD.

75% of the population earn less than 27,300 USD, and 25% of the population earn more than 27,300 USD.

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.

Automotive Project Manager Salary by Experience Level in Micronesia

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 automotive project manager 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 Automotive Project Manager in Micronesia that has less than two years of experience can expect to earn somewhere in the region of 11,040 USD.
  • 2 - 5 Years Experience. With two to five years of experience the average Automotive Project Manager salary would increase to 15,760 USD.
  • 5 - 10 Years Experience. From five to ten years of experience as an Automotive Project Manager, the average salary would be 22,540 USD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 26,780 USD.
  • 15 - 20 Years Experience. An Automotive Project Manager with 15 to 20 years of experience can earn an average of 27,480 USD.
  • 20+ Years Experience. For an Automotive Project Manager with more than 20 years, the expected average salary increases to 31,960 USD.

Average Salary by Experience Chart

0-2 Years
11,040 USD
2-5 Years +31%
15,760 USD
5-10 Years +40%
22,540 USD
10-15 Years +20%
26,780 USD
15-20 Years +9%
27,480 USD
20+ Years +8%
31,960 USD

Automotive Project Manager Salary by Education Level in Micronesia

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 Automotive Project Manager in Micronesia based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. An Automotive Project Manager in Micronesia with a bachelor's degree education can earn an average salary of 17,020 USD.

  • Master's Degree. An Automotive Project Manager in Micronesia with a master's degree education can earn an average salary of 25,660 USD.

Average Salary by Education Chart

Bachelor's Degree
17,020 USD
Master's Degree +77%
25,660 USD

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 Micronesia is around 7,020 to 21,100 USD 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.

Automotive Project Manager 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 Micronesia, a male automotive project manager will earn an average of 22,660 USD, while a female automotive project manager will earn around 20,520 USD.

This means that a male automotive project manager earns approximately 10% more than a female automotive project manager for performing the same job.

Average Salary by Gender Chart in Micronesia

Male
22,660 USD
Female -10%
20,520 USD

Automotive Project Manager Average Pay Raise in Micronesia

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 Automotive Project Manager in Micronesia is around 8% every 30 months.

The national average pay raise across all professions and industries in Micronesia is around 5% every 28 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 = ( 8 ÷ 30 ) × 12  = 3%

What this means is that an Automotive Project Manager in Micronesia can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Micronesia for 2024

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

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

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

Automotive Project Manager Bonus and Incentive Rates in Micronesia

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 Automotive Project Manager is a low bonus based job, with 37% of employees reporting at least one bonus in the last 12 months.

63% 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 3% to 6%.

Received Bonus
37%
No Bonus
63%

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 Micronesia earn approximately 4% less than private sector employees in the same role.

Public Sector
15,700 USD
Private Sector +4%
16,400 USD

Salaries for Jobs Similar to an Automotive Project Manager

In the table below, we have salary information for jobs that are similar to an Automotive Project Manager in Micronesia.

Job Title Category Salary
After Sales Automotive Manager Automotive 15,920 USD
Alignment Technician Automotive 5,160 USD
Auto Damage Adjuster Automotive 5,520 USD
Auto Detailer Automotive 5,040 USD
Auto Parts Manager Automotive 21,560 USD
Automotive Assembler Automotive 5,400 USD
Automotive Assembly Manager Automotive 20,120 USD
Automotive Assembly Operator Automotive 5,040 USD
Automotive Body Repairer Automotive 5,040 USD
Automotive Branch Manager Automotive 26,080 USD
Automotive Central Planner Automotive 9,440 USD
Automotive Electrician Automotive 7,620 USD
Automotive Engineering Technician Automotive 7,240 USD
Automotive Estimating Manager Automotive 16,720 USD
Automotive Estimator Automotive 12,000 USD
Automotive General Manager Automotive 30,220 USD
Automotive Inventory Officer Automotive 6,180 USD
Automotive Manager Automotive 27,620 USD
Automotive Master Mechanic Automotive 10,380 USD
Automotive Parts Supplier Automotive 7,820 USD
Automotive Project Engineer Automotive 10,080 USD
Automotive Purchase Manager Automotive 22,420 USD
Automotive Sales Automotive 12,200 USD
Automotive Service Technician Automotive 5,400 USD
Automotive Technician Automotive 5,620 USD
Automotive Test Engineer Automotive 12,300 USD
Automotive Warranty Administrator Automotive 9,960 USD
Automotive Warranty Clerk Automotive 6,200 USD
Car Parts and Accessories Fitter Automotive 5,160 USD
Car Salesman Automotive 13,780 USD
Damage Appraiser Automotive 10,320 USD
Diesel Engine Specialist Automotive 7,240 USD
Job Card Opener Automotive 5,160 USD
Lube Technician Automotive 4,320 USD
Master File Maintenance Automotive 8,960 USD
Materials Planner Automotive 7,820 USD
Mechanic Automotive 6,960 USD
Motor Vehicle Inspector Automotive 8,100 USD
Motorcycle Mechanic Automotive 5,200 USD
Service Advisor Automotive 12,520 USD
Service Manager Automotive 19,860 USD
Stock Controller Automotive 8,960 USD
Technical Advisor Automotive 12,520 USD
Tire Retreader Automotive 6,180 USD
Used Car Manager Automotive 16,880 USD
Vehicle Body Maker Automotive 7,300 USD
Vehicle Examiner Automotive 8,960 USD
Vehicle Painter Automotive 5,720 USD
Vehicle Trimmer Automotive 5,160 USD
Welder Automotive 6,700 USD

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