Average Construction and Building Inspector Salary in Marshall Islands for 2024

In this article, we will look at the average Construction and Building Inspector salary for 2024 in Marshall 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 United States dollar. To keep things simple, we are using the USD currency code instead of the currency symbol $.

How Much Does a Construction and Building Inspector Make in Marshall Islands?

A Construction and Building Inspector working in Marshall Islands will typically earn around 10,080 USD per year, and this can range from the lowest average salary of about 3,940 USD to the highest average salary of 15,920 USD.

Average Annual Salary
10,080 USD
Average Monthly Salary
840 USD

Lowest Annual Salary
3,940 USD
Lowest Monthly Salary
328 USD

Highest Annual Salary
15,920 USD
Highest Monthly Salary
1,326 USD

These are average salaries for a Construction and Building Inspector in Marshall Islands and include benefits such as housing and transport. It's also possible for a Construction and Building Inspector to earn more or less than the average salaries shown above.

Construction and Building Inspector 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 Construction and Building Inspector Salaries in Marshall Islands

So we've looked at the average salaries a Construction and Building Inspector will earn in Marshall Islands. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Construction and Building Inspector can earn between 3,940 USD and 15,920 USD on average in Marshall 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 a Construction and Building Inspector in Marshall Islands is 10,080 USD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 10,080 USD, and 50% of the population earn more than 10,080 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 Construction and Building Inspector salary in Marshall Islands, 25% of the population are earning less than 6,280 USD while 75% of the population earn more than 6,280 USD.

75% of the population earn less than 14,200 USD, and 25% of the population earn more than 14,200 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.

Construction and Building Inspector Salary by Experience Level in Marshall 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 construction and building inspector 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 Construction and Building Inspector in Marshall Islands that has less than two years of experience can expect to earn somewhere in the region of 5,520 USD.
  • 2 - 5 Years Experience. With two to five years of experience the average Construction and Building Inspector salary would increase to 7,800 USD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Construction and Building Inspector, the average salary would be 12,200 USD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 12,580 USD.
  • 15 - 20 Years Experience. A Construction and Building Inspector with 15 to 20 years of experience can earn an average of 17,260 USD.
  • 20+ Years Experience. For a Construction and Building Inspector with more than 20 years, the expected average salary increases to 18,260 USD.

Average Salary by Experience Chart

0-2 Years
5,520 USD
2-5 Years +32%
7,800 USD
5-10 Years +34%
12,200 USD
10-15 Years +19%
12,580 USD
15-20 Years +8%
17,260 USD
20+ Years +7%
18,260 USD

Construction and Building Inspector Salary by Education Level in Marshall 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 a Construction and Building Inspector in Marshall Islands based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Certificate or Diploma. A Construction and Building Inspector in Marshall Islands with a certificate or diploma education can earn an average salary of 9,980 USD.

  • Bachelor's Degree. A Construction and Building Inspector in Marshall Islands with a bachelor's degree education can earn an average salary of 17,100 USD.

Average Salary by Education Chart

Certificate or Diploma
9,980 USD
Bachelor's Degree +56%
17,100 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 Marshall Islands is around 11,300 to 33,800 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.

Construction and Building Inspector 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 Marshall Islands, a male construction and building inspector will earn an average of 9,940 USD, while a female construction and building inspector will earn around 10,220 USD.

This means that a male construction and building inspector earns approximately 3% less than a female construction and building inspector for performing the same job.

Average Salary by Gender Chart in Marshall Islands

Male
9,940 USD
Female +3%
10,220 USD

Construction and Building Inspector Average Pay Raise in Marshall 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 a Construction and Building Inspector in Marshall Islands is around 5% every 29 months.

The national average pay raise across all professions and industries in Marshall Islands 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 = ( 5 ÷ 29 ) × 12  = 2%

What this means is that a Construction and Building Inspector in Marshall Islands can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Marshall Islands for 2024

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

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

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

Construction and Building Inspector Bonus and Incentive Rates in Marshall 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.

A Construction and Building Inspector is a low bonus based job, with 11% of employees reporting at least one bonus in the last 12 months.

89% 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 3%.

Received Bonus
11%
No Bonus
89%

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 Marshall Islands earn approximately 24% more than private sector employees in the same role.

Public Sector
29,320 USD
Private Sector -24%
23,700 USD

Salaries for Jobs Similar to a Construction and Building Inspector

In the table below, we have salary information for jobs that are similar to a Construction and Building Inspector in Marshall Islands.

Job Title Category Salary
Adjudicator Construction / Building / Installation 12,020 USD
Assembler Construction / Building / Installation 8,780 USD
Boat Builder and Shipwright Construction / Building / Installation 13,060 USD
Bricklayer Construction / Building / Installation 7,620 USD
Building Administrator Construction / Building / Installation 9,940 USD
Building Contracts Manager Construction / Building / Installation 41,700 USD
Building Inspector Construction / Building / Installation 8,880 USD
Building Monitor Construction / Building / Installation 9,360 USD
Building Sales Manager Construction / Building / Installation 34,360 USD
Cabinetmaker Construction / Building / Installation 7,080 USD
Carpenter Construction / Building / Installation 11,300 USD
Civil Engineer Construction / Building / Installation 27,040 USD
Civil Technician Construction / Building / Installation 13,780 USD
Concreter Construction / Building / Installation 6,280 USD
Construction and Maintenance Manager Construction / Building / Installation 20,500 USD
Construction Assistant Construction / Building / Installation 11,300 USD
Construction Coordinator Construction / Building / Installation 17,020 USD
Construction Estimator Construction / Building / Installation 14,140 USD
Construction Field Engineer Construction / Building / Installation 20,760 USD
Construction General Manager Construction / Building / Installation 47,120 USD
Construction Inventory Officer Construction / Building / Installation 7,080 USD
Construction Manager Construction / Building / Installation 48,820 USD
Construction Operations Manager Construction / Building / Installation 43,360 USD
Construction Project Controls Manager Construction / Building / Installation 33,980 USD
Construction Project Coordinator Construction / Building / Installation 26,080 USD
Construction Project Engineer Construction / Building / Installation 26,780 USD
Construction Project Manager Construction / Building / Installation 43,520 USD
Construction Project Manager Construction / Building / Installation 48,340 USD
Construction Project Planner Construction / Building / Installation 26,020 USD
Construction Quality Control Manager Construction / Building / Installation 31,520 USD
Construction Safety Officer Construction / Building / Installation 14,140 USD
Construction Superintendent Construction / Building / Installation 16,340 USD
Construction Supervisor Construction / Building / Installation 23,660 USD
Construction Technical Assistant Construction / Building / Installation 8,560 USD
Construction Technical Officer Construction / Building / Installation 12,840 USD
Construction Technical Writer Construction / Building / Installation 9,980 USD
Construction Technician Construction / Building / Installation 10,320 USD
Construction Worker Construction / Building / Installation 6,280 USD
Crane and Tower Operator Construction / Building / Installation 7,080 USD
Crane Operator Construction / Building / Installation 8,560 USD
Diesel Mechanic Construction / Building / Installation 9,360 USD
Draughtsman Construction / Building / Installation 6,440 USD
Drywall Installer Construction / Building / Installation 10,380 USD
Electrical Draftsman Construction / Building / Installation 9,360 USD
Electrical Engineering Supervisor Construction / Building / Installation 27,480 USD
Electrical Engineering Technician Construction / Building / Installation 10,080 USD
Electrical Supervisor Construction / Building / Installation 19,200 USD
Electrician Construction / Building / Installation 12,000 USD
Elevator Installer and Repairer Construction / Building / Installation 12,760 USD
Engineer Construction / Building / Installation 23,360 USD
Excavator Operator Construction / Building / Installation 9,360 USD
Field Inspector Construction / Building / Installation 15,760 USD
Floor Finisher Construction / Building / Installation 11,300 USD
Floor Manager Construction / Building / Installation 12,000 USD
Foreman Construction / Building / Installation 6,200 USD
Frame and Truss Detailer Construction / Building / Installation 6,440 USD
Furniture Finisher Construction / Building / Installation 7,240 USD
Gas Technician Construction / Building / Installation 9,020 USD
Handyman Construction / Building / Installation 6,280 USD
Health and Safety Coordinator Construction / Building / Installation 12,300 USD
Health and Safety Officer Construction / Building / Installation 13,060 USD
Installation Manager Construction / Building / Installation 29,160 USD
Installer Construction / Building / Installation 7,040 USD
Insulation Installer Construction / Building / Installation 7,240 USD
Labourer Construction / Building / Installation 8,440 USD
Land Surveyor Construction / Building / Installation 12,760 USD
Lift Technician Construction / Building / Installation 7,080 USD
Maintenance Foreman Construction / Building / Installation 5,960 USD
Material Tester Construction / Building / Installation 13,900 USD
Model Maker Construction / Building / Installation 13,060 USD
Order Picker Construction / Building / Installation 8,960 USD
Painter Construction / Building / Installation 10,100 USD
Pipe Layer Construction / Building / Installation 7,040 USD
Pipe Welder Construction / Building / Installation 8,440 USD
Pipefitter Construction / Building / Installation 6,760 USD
Plumber Construction / Building / Installation 10,380 USD
Property Coordinator Construction / Building / Installation 22,420 USD
Purchasing Manager Construction / Building / Installation 29,160 USD
Quantity Estimator Construction / Building / Installation 14,140 USD
Quantity Surveyor Construction / Building / Installation 16,340 USD
Roof Slater and Tiler Construction / Building / Installation 5,960 USD
Sheet Metal Mechanic Construction / Building / Installation 7,240 USD
Sheet Metal Worker Construction / Building / Installation 7,620 USD
Site Clerk Construction / Building / Installation 7,240 USD
Site engineer Construction / Building / Installation 24,820 USD
Site Leader Construction / Building / Installation 44,300 USD
Stock Controller Construction / Building / Installation 13,780 USD
Structural Steel Construction Worker Construction / Building / Installation 9,440 USD
Technical Draughtsman Construction / Building / Installation 9,140 USD
Tender Manager Construction / Building / Installation 36,580 USD
Tendering Manager Construction / Building / Installation 37,200 USD
Tower Crane Operator Construction / Building / Installation 7,080 USD
Wall and Floor Tiler Construction / Building / Installation 8,780 USD
Warehouse Manager Construction / Building / Installation 30,700 USD
Welder Construction / Building / Installation 6,200 USD
Welding Superintendent Construction / Building / Installation 9,740 USD

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