Average Commodity Broker Salary in Saint Martin for 2024

In this article, we will look at the average Commodity Broker salary for 2024 in Saint Martin 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 Euro. To keep things simple, we are using the EUR currency code instead of the currency symbol โ‚ฌ.

How Much Does a Commodity Broker Make in Saint Martin?

A Commodity Broker working in Saint Martin will typically earn around 36,020 EUR per year, and this can range from the lowest average salary of about 18,280 EUR to the highest average salary of 54,560 EUR.

Average Annual Salary
36,020 EUR
Average Monthly Salary
3,001 EUR

Lowest Annual Salary
18,280 EUR
Lowest Monthly Salary
1,523 EUR

Highest Annual Salary
54,560 EUR
Highest Monthly Salary
4,546 EUR

These are average salaries for a Commodity Broker in Saint Martin and include benefits such as housing and transport. It's also possible for a Commodity Broker to earn more or less than the average salaries shown above.

Commodity Broker 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 Commodity Broker Salaries in Saint Martin

So we've looked at the average salaries a Commodity Broker will earn in Saint Martin. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Commodity Broker can earn between 18,280 EUR and 54,560 EUR on average in Saint Martin. 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 Commodity Broker in Saint Martin is 34,280 EUR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 34,280 EUR, and 50% of the population earn more than 34,280 EUR.

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 Commodity Broker salary in Saint Martin, 25% of the population are earning less than 23,080 EUR while 75% of the population earn more than 23,080 EUR.

75% of the population earn less than 43,520 EUR, and 25% of the population earn more than 43,520 EUR.

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.

Commodity Broker Salary by Experience Level in Saint Martin

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 commodity broker 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 Commodity Broker in Saint Martin that has less than two years of experience can expect to earn somewhere in the region of 23,520 EUR.
  • 2 - 5 Years Experience. With two to five years of experience the average Commodity Broker salary would increase to 27,560 EUR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Commodity Broker, the average salary would be 36,700 EUR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 47,540 EUR.
  • 15 - 20 Years Experience. A Commodity Broker with 15 to 20 years of experience can earn an average of 50,240 EUR.
  • 20+ Years Experience. For a Commodity Broker with more than 20 years, the expected average salary increases to 52,380 EUR.

Average Salary by Experience Chart

0-2 Years
23,520 EUR
2-5 Years +34%
27,560 EUR
5-10 Years +30%
36,700 EUR
10-15 Years +21%
47,540 EUR
15-20 Years +9%
50,240 EUR
20+ Years +5%
52,380 EUR

Commodity Broker Salary by Education Level in Saint Martin

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 Commodity Broker in Saint Martin 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 Commodity Broker in Saint Martin with a high school education can earn an average salary of 25,160 EUR.

  • Certificate or Diploma. A Commodity Broker in Saint Martin with a certificate or diploma education can earn an average salary of 28,680 EUR.

  • Bachelor's Degree. A Commodity Broker in Saint Martin with a bachelor's degree education can earn an average salary of 42,320 EUR.

  • Master's Degree. A Commodity Broker in Saint Martin with a master's degree education can earn an average salary of 51,100 EUR.

Average Salary by Education Chart

High School
25,160 EUR
Certificate or Diploma +14%
28,680 EUR
Bachelor's Degree +41%
42,320 EUR
Master's Degree +21%
51,100 EUR

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 Saint Martin is around 16,400 to 49,100 EUR 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.

Commodity Broker 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 Saint Martin, a male commodity broker will earn an average of 40,420 EUR, while a female commodity broker will earn around 34,360 EUR.

This means that a male commodity broker earns approximately 18% more than a female commodity broker for performing the same job.

Average Salary by Gender Chart in Saint Martin

Male
40,420 EUR
Female -18%
34,360 EUR

Commodity Broker Average Pay Raise in Saint Martin

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 Commodity Broker in Saint Martin is around 8% every 27 months.

The national average pay raise across all professions and industries in Saint Martin 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 = ( 8 ÷ 27 ) × 12  = 4%

What this means is that a Commodity Broker in Saint Martin can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Saint Martin for 2024

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

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%

Commodity Broker Bonus and Incentive Rates in Saint Martin

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 Commodity Broker is a low bonus based job, with 35% of employees reporting at least one bonus in the last 12 months.

65% 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 5%.

Received Bonus
35%
No Bonus
65%

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 Saint Martin earn approximately 15% more than private sector employees in the same role.

Public Sector
42,040 EUR
Private Sector -15%
36,700 EUR

Salaries for Jobs Similar to a Commodity Broker

In the table below, we have salary information for jobs that are similar to a Commodity Broker in Saint Martin.

Job Title Category Salary
Account Coordinator Executive and Management 34,380 EUR
Account Director Executive and Management 41,560 EUR
Account Executive Executive and Management 46,840 EUR
Account Manager Executive and Management 44,300 EUR
Administration Manager Executive and Management 42,040 EUR
Administration Officer Executive and Management 24,820 EUR
Administration Supervisor Executive and Management 37,740 EUR
Administrative Clerk Executive and Management 16,720 EUR
Administrative Officer Executive and Management 17,560 EUR
Area Director Executive and Management 40,420 EUR
Area Manager Executive and Management 41,660 EUR
Asset Protection Associate Executive and Management 46,400 EUR
Assistant Director Executive and Management 42,040 EUR
Assistant General Manager Executive and Management 46,400 EUR
Assistant Manager Executive and Management 48,820 EUR
Assistant Managing Director Executive and Management 52,460 EUR
Assistant Operations Manager Executive and Management 45,720 EUR
Assistant Project Manager Executive and Management 46,720 EUR
Assistant Section Head Executive and Management 35,260 EUR
Assistant to CEO Executive and Management 43,340 EUR
Assistant Vice President Executive and Management 44,780 EUR
Associate Account Director Executive and Management 42,960 EUR
Associate Director Executive and Management 47,180 EUR
Bid Manager Executive and Management 50,980 EUR
Branch Manager Executive and Management 50,020 EUR
Business Development Manager Executive and Management 56,100 EUR
Business Operations Associate Executive and Management 43,760 EUR
Business Operations Lead Executive and Management 45,000 EUR
Campaign Manager Executive and Management 49,300 EUR
Catering Coordinator Executive and Management 24,200 EUR
Catering Manager Executive and Management 45,580 EUR
CEO Executive and Management 81,180 EUR
Chairman of The Board Executive and Management 78,620 EUR
Chairman Office Manager Executive and Management 55,580 EUR
Chief Commercial Officer Executive and Management 61,760 EUR
Chief Corporate Officer Executive and Management 66,840 EUR
Chief Executive Officer Executive and Management 85,440 EUR
Chief Financial Officer Executive and Management 78,620 EUR
Chief Investment Officer Executive and Management 58,720 EUR
Chief of Staff Executive and Management 38,060 EUR
Chief Operating Officer Executive and Management 64,300 EUR
Chief Risk Officer Executive and Management 55,580 EUR
Client Account Manager Executive and Management 50,660 EUR
Client Accounts Officer Executive and Management 44,300 EUR
Client Services Manager Executive and Management 53,600 EUR
Commercial Director Executive and Management 56,140 EUR
Commercial Manager Executive and Management 50,080 EUR
Commercial Project Manager Executive and Management 46,980 EUR
COO Executive and Management 60,880 EUR
Corporate Affairs Executive Executive and Management 50,520 EUR
Corporate Compliance Director Executive and Management 55,140 EUR
Corporate Director Executive and Management 54,560 EUR
Corporate Officer Executive and Management 37,800 EUR
Corporate Partnerships Officer Executive and Management 42,320 EUR
Country Manager Executive and Management 63,500 EUR
Department Head Executive and Management 50,620 EUR
Department Manager Executive and Management 51,400 EUR
Department Supervisor Executive and Management 45,200 EUR
Deputy Director Executive and Management 55,820 EUR
Deputy Manager Executive and Management 60,400 EUR
Director Executive and Management 67,360 EUR
Director of Accreditation Executive and Management 57,620 EUR
Director of Catering Services Executive and Management 51,400 EUR
Director of Client Services Executive and Management 56,100 EUR
Director of Facilities Management Executive and Management 46,980 EUR
Director of Operations Executive and Management 56,140 EUR
Director of Process Simplification Executive and Management 45,060 EUR
Director of Product Management Executive and Management 58,440 EUR
Director of Project Management Executive and Management 57,820 EUR
Director of Revenue Management Executive and Management 54,180 EUR
Director of Training and Development Executive and Management 53,840 EUR
Distribution Manager Executive and Management 55,320 EUR
Division Manager Executive and Management 48,560 EUR
Duty Manager Executive and Management 45,720 EUR
Engagement Manager Executive and Management 60,840 EUR
Executive Director Executive and Management 78,400 EUR
Executive Manager Executive and Management 70,880 EUR
Franchise Manager Executive and Management 73,820 EUR
General Manager Executive and Management 68,580 EUR
Global Master Data Manager Executive and Management 57,320 EUR
Global Technical Lead Executive and Management 42,040 EUR
Head of Investment Executive and Management 55,320 EUR
Head of Middle Office Executive and Management 49,020 EUR
Head of Projects Executive and Management 55,820 EUR
Head of Strategy Executive and Management 61,780 EUR
Head of Supply Chain Executive and Management 50,240 EUR
Head of Sustainability Executive and Management 46,840 EUR
Housing Manager Executive and Management 45,620 EUR
HSE Manager Executive and Management 46,880 EUR
Key Account Manager Executive and Management 45,620 EUR
Knowledge Manager Executive and Management 57,360 EUR
Location Manager Executive and Management 50,560 EUR
Logistics Executive Executive and Management 46,280 EUR
Logistics Manager Executive and Management 44,720 EUR
Management Consultant Executive and Management 43,800 EUR
Management Executive Executive and Management 61,180 EUR
Manager Executive and Management 54,700 EUR
Managing Director Executive and Management 68,360 EUR
MIS Executive Executive and Management 55,580 EUR
Ocean Services Manager Executive and Management 57,620 EUR
Operational Manager Executive and Management 58,200 EUR
Operations Analyst Executive and Management 49,200 EUR
Operations Assistant Executive and Management 41,660 EUR
Operations Director Executive and Management 65,940 EUR
Operations Executive Executive and Management 59,940 EUR
Operations Manager Executive and Management 61,400 EUR
Operations Supervisor Executive and Management 54,180 EUR
Planning Director Executive and Management 57,860 EUR
PMO Manager Executive and Management 49,200 EUR
Policy Administration Executive Executive and Management 49,300 EUR
Private Sector Executive Executive and Management 47,580 EUR
Product Development Manager Executive and Management 56,880 EUR
Product Executive Executive and Management 48,920 EUR
Production Executive Executive and Management 57,360 EUR
Production Manager Executive and Management 57,820 EUR
Production Supervisor Executive and Management 47,540 EUR
Program Director Executive and Management 58,520 EUR
Program Manager Executive and Management 61,460 EUR
Programme Coordinator Executive and Management 42,320 EUR
Project Control Manager Executive and Management 56,460 EUR
Project Coordinator Executive and Management 33,520 EUR
Project Management Officer Executive and Management 39,080 EUR
Project Manager Executive and Management 38,780 EUR
Project Portfolio Manager Executive and Management 44,800 EUR
Quality Manager Executive and Management 48,160 EUR
R/D Director Executive and Management 50,340 EUR
Regional Director Executive and Management 80,340 EUR
Regional Manager Executive and Management 57,820 EUR
Relationship Manager Executive and Management 57,080 EUR
Retail District Manager Executive and Management 38,780 EUR
Revenue Manager Executive and Management 44,720 EUR
Risk and Capital Manager Executive and Management 66,580 EUR
Risk Officer Executive and Management 41,480 EUR
Safety Manager Executive and Management 41,480 EUR
Section Head Executive and Management 46,840 EUR
Service Manager Executive and Management 45,620 EUR
Shift Supervisor Executive and Management 34,120 EUR
Solutions Manager Executive and Management 40,040 EUR
Supervisor Executive and Management 35,300 EUR
Supply Chain Manager Executive and Management 62,060 EUR
Surveyor Executive and Management 37,800 EUR
Technical Director Executive and Management 54,140 EUR
Technical Manager Executive and Management 58,440 EUR
Territory Manager Executive and Management 54,700 EUR
Validation Manager Executive and Management 47,180 EUR
Vice President Executive and Management 65,920 EUR
Zone Manager Executive and Management 55,820 EUR

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