Average Commercial Project Manager Salary in Micronesia for 2024

In this article, we will look at the average Commercial 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 a Commercial Project Manager Make in Micronesia?

A Commercial Project Manager working in Micronesia will typically earn around 21,020 USD per year, and this can range from the lowest average salary of about 8,100 USD to the highest average salary of 30,700 USD.

Average Annual Salary
21,020 USD
Average Monthly Salary
1,751 USD

Lowest Annual Salary
8,100 USD
Lowest Monthly Salary
675 USD

Highest Annual Salary
30,700 USD
Highest Monthly Salary
2,558 USD

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

Commercial 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 Commercial Project Manager Salaries in Micronesia

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

Salary ranges

We already know that a Commercial Project Manager can earn between 8,100 USD and 30,700 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 a Commercial Project Manager in Micronesia is 23,520 USD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 23,520 USD, and 50% of the population earn more than 23,520 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 Commercial Project Manager salary in Micronesia, 25% of the population are earning less than 13,560 USD while 75% of the population earn more than 13,560 USD.

75% of the population earn less than 27,480 USD, and 25% of the population earn more than 27,480 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.

Commercial 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 commercial 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. A Commercial Project Manager in Micronesia that has less than two years of experience can expect to earn somewhere in the region of 12,760 USD.
  • 2 - 5 Years Experience. With two to five years of experience the average Commercial Project Manager salary would increase to 17,260 USD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Commercial Project Manager, the average salary would be 19,940 USD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 25,720 USD.
  • 15 - 20 Years Experience. A Commercial Project Manager with 15 to 20 years of experience can earn an average of 26,280 USD.
  • 20+ Years Experience. For a Commercial Project Manager with more than 20 years, the expected average salary increases to 31,400 USD.

Average Salary by Experience Chart

0-2 Years
12,760 USD
2-5 Years +38%
17,260 USD
5-10 Years +42%
19,940 USD
10-15 Years +22%
25,720 USD
15-20 Years +6%
26,280 USD
20+ Years +9%
31,400 USD

Commercial 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 a Commercial 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.

  • High School. A Commercial Project Manager in Micronesia with a high school education can earn an average salary of 11,880 USD.

  • Certificate or Diploma. A Commercial Project Manager in Micronesia with a certificate or diploma education can earn an average salary of 15,760 USD.

  • Bachelor's Degree. A Commercial Project Manager in Micronesia with a bachelor's degree education can earn an average salary of 24,280 USD.

  • Master's Degree. A Commercial Project Manager in Micronesia with a master's degree education can earn an average salary of 31,400 USD.

Average Salary by Education Chart

High School
11,880 USD
Certificate or Diploma +17%
15,760 USD
Bachelor's Degree +45%
24,280 USD
Master's Degree +31%
31,400 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.

Commercial 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 commercial project manager will earn an average of 20,460 USD, while a female commercial project manager will earn around 19,020 USD.

This means that a male commercial project manager earns approximately 8% more than a female commercial project manager for performing the same job.

Average Salary by Gender Chart in Micronesia

Male
20,460 USD
Female -8%
19,020 USD

Commercial 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 a Commercial Project Manager in Micronesia is around 10% every 27 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 = ( 10 ÷ 27 ) × 12  = 4%

What this means is that a Commercial Project Manager in Micronesia can expect to receive an average pay raise of around 4% 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%

Commercial 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.

A Commercial Project Manager is a moderate bonus based job, with 66% of employees reporting at least one bonus in the last 12 months.

34% 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 5% to 9%.

Received Bonus
66%
No Bonus
34%

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 a Commercial Project Manager

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

Job Title Category Salary
Account Coordinator Executive and Management 15,760 USD
Account Director Executive and Management 17,740 USD
Account Executive Executive and Management 21,540 USD
Account Manager Executive and Management 20,300 USD
Administration Manager Executive and Management 16,980 USD
Administration Officer Executive and Management 11,300 USD
Administration Supervisor Executive and Management 13,100 USD
Administrative Clerk Executive and Management 7,300 USD
Administrative Officer Executive and Management 5,960 USD
Area Director Executive and Management 18,780 USD
Area Manager Executive and Management 15,300 USD
Asset Protection Associate Executive and Management 19,480 USD
Assistant Director Executive and Management 16,980 USD
Assistant General Manager Executive and Management 19,480 USD
Assistant Manager Executive and Management 19,380 USD
Assistant Managing Director Executive and Management 20,760 USD
Assistant Operations Manager Executive and Management 20,460 USD
Assistant Project Manager Executive and Management 21,100 USD
Assistant Section Head Executive and Management 15,380 USD
Assistant to CEO Executive and Management 19,360 USD
Assistant Vice President Executive and Management 21,560 USD
Associate Account Director Executive and Management 18,280 USD
Associate Director Executive and Management 18,940 USD
Bid Manager Executive and Management 22,420 USD
Branch Manager Executive and Management 21,020 USD
Business Development Manager Executive and Management 23,360 USD
Business Operations Associate Executive and Management 17,740 USD
Business Operations Lead Executive and Management 19,380 USD
Campaign Manager Executive and Management 21,560 USD
Catering Coordinator Executive and Management 12,520 USD
Catering Manager Executive and Management 18,940 USD
CEO Executive and Management 37,620 USD
Chairman of The Board Executive and Management 34,380 USD
Chairman Office Manager Executive and Management 23,080 USD
Chief Commercial Officer Executive and Management 28,820 USD
Chief Corporate Officer Executive and Management 31,540 USD
Chief Executive Officer Executive and Management 37,800 USD
Chief Financial Officer Executive and Management 34,960 USD
Chief Investment Officer Executive and Management 29,540 USD
Chief of Staff Executive and Management 18,780 USD
Chief Operating Officer Executive and Management 28,820 USD
Chief Risk Officer Executive and Management 23,660 USD
Client Account Manager Executive and Management 20,760 USD
Client Accounts Officer Executive and Management 20,500 USD
Client Services Manager Executive and Management 23,660 USD
Commercial Director Executive and Management 27,040 USD
Commercial Manager Executive and Management 22,420 USD
Commodity Broker Executive and Management 15,760 USD
COO Executive and Management 26,400 USD
Corporate Affairs Executive Executive and Management 21,300 USD
Corporate Compliance Director Executive and Management 23,080 USD
Corporate Director Executive and Management 25,660 USD
Corporate Officer Executive and Management 19,640 USD
Corporate Partnerships Officer Executive and Management 15,700 USD
Country Manager Executive and Management 27,480 USD
Department Head Executive and Management 24,840 USD
Department Manager Executive and Management 23,480 USD
Department Supervisor Executive and Management 18,940 USD
Deputy Director Executive and Management 27,040 USD
Deputy Manager Executive and Management 27,380 USD
Director Executive and Management 26,280 USD
Director of Accreditation Executive and Management 27,020 USD
Director of Catering Services Executive and Management 19,980 USD
Director of Client Services Executive and Management 23,360 USD
Director of Facilities Management Executive and Management 21,020 USD
Director of Operations Executive and Management 27,020 USD
Director of Process Simplification Executive and Management 19,480 USD
Director of Product Management Executive and Management 25,940 USD
Director of Project Management Executive and Management 25,160 USD
Director of Revenue Management Executive and Management 23,500 USD
Director of Training and Development Executive and Management 24,820 USD
Distribution Manager Executive and Management 26,080 USD
Division Manager Executive and Management 22,540 USD
Duty Manager Executive and Management 21,020 USD
Engagement Manager Executive and Management 26,080 USD
Executive Director Executive and Management 34,120 USD
Executive Manager Executive and Management 32,200 USD
Franchise Manager Executive and Management 30,700 USD
General Manager Executive and Management 27,480 USD
Global Master Data Manager Executive and Management 24,860 USD
Global Technical Lead Executive and Management 15,700 USD
Head of Investment Executive and Management 24,860 USD
Head of Middle Office Executive and Management 21,980 USD
Head of Projects Executive and Management 25,680 USD
Head of Strategy Executive and Management 26,100 USD
Head of Supply Chain Executive and Management 23,500 USD
Head of Sustainability Executive and Management 19,380 USD
Housing Manager Executive and Management 21,540 USD
HSE Manager Executive and Management 21,020 USD
Key Account Manager Executive and Management 23,520 USD
Knowledge Manager Executive and Management 24,840 USD
Location Manager Executive and Management 23,500 USD
Logistics Executive Executive and Management 20,300 USD
Logistics Manager Executive and Management 20,500 USD
Management Consultant Executive and Management 20,940 USD
Management Executive Executive and Management 26,500 USD
Manager Executive and Management 24,860 USD
Managing Director Executive and Management 29,320 USD
MIS Executive Executive and Management 27,040 USD
Ocean Services Manager Executive and Management 25,440 USD
Operational Manager Executive and Management 27,020 USD
Operations Analyst Executive and Management 21,300 USD
Operations Assistant Executive and Management 20,300 USD
Operations Director Executive and Management 28,180 USD
Operations Executive Executive and Management 27,040 USD
Operations Manager Executive and Management 26,780 USD
Operations Supervisor Executive and Management 21,980 USD
Planning Director Executive and Management 28,820 USD
PMO Manager Executive and Management 22,420 USD
Policy Administration Executive Executive and Management 21,100 USD
Private Sector Executive Executive and Management 23,400 USD
Product Development Manager Executive and Management 25,220 USD
Product Executive Executive and Management 20,460 USD
Production Executive Executive and Management 23,140 USD
Production Manager Executive and Management 26,080 USD
Production Supervisor Executive and Management 21,380 USD
Program Director Executive and Management 25,680 USD
Program Manager Executive and Management 25,440 USD
Programme Coordinator Executive and Management 19,200 USD
Project Control Manager Executive and Management 25,680 USD
Project Coordinator Executive and Management 15,580 USD
Project Management Officer Executive and Management 16,980 USD
Project Manager Executive and Management 17,740 USD
Project Portfolio Manager Executive and Management 19,480 USD
Quality Manager Executive and Management 21,020 USD
R/D Director Executive and Management 20,460 USD
Regional Director Executive and Management 34,540 USD
Regional Manager Executive and Management 26,500 USD
Relationship Manager Executive and Management 27,020 USD
Retail District Manager Executive and Management 19,220 USD
Revenue Manager Executive and Management 20,940 USD
Risk and Capital Manager Executive and Management 29,320 USD
Risk Officer Executive and Management 20,300 USD
Safety Manager Executive and Management 18,900 USD
Section Head Executive and Management 21,540 USD
Service Manager Executive and Management 21,540 USD
Shift Supervisor Executive and Management 16,880 USD
Solutions Manager Executive and Management 16,340 USD
Supervisor Executive and Management 15,880 USD
Supply Chain Manager Executive and Management 27,040 USD
Surveyor Executive and Management 19,640 USD
Technical Director Executive and Management 23,080 USD
Technical Manager Executive and Management 23,360 USD
Territory Manager Executive and Management 23,480 USD
Validation Manager Executive and Management 21,560 USD
Vice President Executive and Management 31,660 USD
Zone Manager Executive and Management 29,040 USD

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