Average Contracts Manager Salary in Vanuatu for 2024

In this article, we will look at the average Contracts Manager salary for 2024 in Vanuatu 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 Vanuatu vatu. To keep things simple, we are using the VUV currency code instead of the currency symbol Vt.

How Much Does a Contracts Manager Make in Vanuatu?

A Contracts Manager working in Vanuatu will typically earn around 1,464,200 VUV per year, and this can range from the lowest average salary of about 691,200 VUV to the highest average salary of 2,314,800 VUV.

Average Annual Salary
1,464,200 VUV
Average Monthly Salary
122,016 VUV

Lowest Annual Salary
691,200 VUV
Lowest Monthly Salary
57,600 VUV

Highest Annual Salary
2,314,800 VUV
Highest Monthly Salary
192,900 VUV

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

Contracts 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 Contracts Manager Salaries in Vanuatu

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

Salary ranges

We already know that a Contracts Manager can earn between 691,200 VUV and 2,314,800 VUV on average in Vanuatu. 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 Contracts Manager in Vanuatu is 1,560,800 VUV. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 1,560,800 VUV, and 50% of the population earn more than 1,560,800 VUV.

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 Contracts Manager salary in Vanuatu, 25% of the population are earning less than 1,009,200 VUV while 75% of the population earn more than 1,009,200 VUV.

75% of the population earn less than 2,052,200 VUV, and 25% of the population earn more than 2,052,200 VUV.

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.

Contracts Manager Salary by Experience Level in Vanuatu

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 contracts 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 Contracts Manager in Vanuatu that has less than two years of experience can expect to earn somewhere in the region of 794,900 VUV.
  • 2 - 5 Years Experience. With two to five years of experience the average Contracts Manager salary would increase to 1,095,900 VUV.
  • 5 - 10 Years Experience. From five to ten years of experience as a Contracts Manager, the average salary would be 1,560,800 VUV.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 1,908,800 VUV.
  • 15 - 20 Years Experience. A Contracts Manager with 15 to 20 years of experience can earn an average of 2,003,200 VUV.
  • 20+ Years Experience. For a Contracts Manager with more than 20 years, the expected average salary increases to 2,184,900 VUV.

Average Salary by Experience Chart

0-2 Years
794,900 VUV
2-5 Years +38%
1,095,900 VUV
5-10 Years +42%
1,560,800 VUV
10-15 Years +22%
1,908,800 VUV
15-20 Years +6%
2,003,200 VUV
20+ Years +9%
2,184,900 VUV

Contracts Manager Salary by Education Level in Vanuatu

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 Contracts Manager in Vanuatu 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 Contracts Manager in Vanuatu with a high school education can earn an average salary of 983,700 VUV.

  • Certificate or Diploma. A Contracts Manager in Vanuatu with a certificate or diploma education can earn an average salary of 1,144,400 VUV.

  • Bachelor's Degree. A Contracts Manager in Vanuatu with a bachelor's degree education can earn an average salary of 1,668,900 VUV.

  • Master's Degree. A Contracts Manager in Vanuatu with a master's degree education can earn an average salary of 2,184,900 VUV.

Average Salary by Education Chart

High School
983,700 VUV
Certificate or Diploma +17%
1,144,400 VUV
Bachelor's Degree +45%
1,668,900 VUV
Master's Degree +31%
2,184,900 VUV

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 Vanuatu is around 495,000 to 1,490,000 VUV 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.

Contracts 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 Vanuatu, a male contracts manager will earn an average of 1,570,900 VUV, while a female contracts manager will earn around 1,380,400 VUV.

This means that a male contracts manager earns approximately 14% more than a female contracts manager for performing the same job.

Average Salary by Gender Chart in Vanuatu

Male
1,570,900 VUV
Female -14%
1,380,400 VUV

Contracts Manager Average Pay Raise in Vanuatu

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 Contracts Manager in Vanuatu is around 6% every 32 months.

The national average pay raise across all professions and industries in Vanuatu 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 = ( 6 ÷ 32 ) × 12  = 2%

What this means is that a Contracts Manager in Vanuatu can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Vanuatu for 2024

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

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%

Contracts Manager Bonus and Incentive Rates in Vanuatu

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 Contracts Manager is a low bonus based job, with 41% of employees reporting at least one bonus in the last 12 months.

59% 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 2% to 7%.

Received Bonus
41%
No Bonus
59%

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 Vanuatu earn approximately 17% more than private sector employees in the same role.

Public Sector
1,296,900 VUV
Private Sector -17%
1,105,600 VUV

Salaries for Jobs Similar to a Contracts Manager

In the table below, we have salary information for jobs that are similar to a Contracts Manager in Vanuatu.

Job Title Category Salary
Air Conditioning Technician Facilities / Maintenance / Repair 348,300 VUV
Assembly Supervisor Facilities / Maintenance / Repair 539,700 VUV
Assistant Contract Manager Facilities / Maintenance / Repair 1,306,100 VUV
Building and Grounds Supervisor Facilities / Maintenance / Repair 829,000 VUV
Building Control Officer Facilities / Maintenance / Repair 707,700 VUV
Building Engineer Facilities / Maintenance / Repair 991,100 VUV
Building Services Engineer Facilities / Maintenance / Repair 1,037,600 VUV
Building Surveyor Facilities / Maintenance / Repair 721,600 VUV
Calibration Technician Facilities / Maintenance / Repair 407,300 VUV
Carpenter Facilities / Maintenance / Repair 464,900 VUV
Cemetery Manager Facilities / Maintenance / Repair 454,300 VUV
Chief Building Official Facilities / Maintenance / Repair 1,655,500 VUV
Clinical Facilities Planning Manager Facilities / Maintenance / Repair 1,716,600 VUV
Construction Laborer Facilities / Maintenance / Repair 330,900 VUV
Contracts Administrator Facilities / Maintenance / Repair 934,900 VUV
Facilities Coordinator Facilities / Maintenance / Repair 802,400 VUV
Facilities Director Facilities / Maintenance / Repair 1,858,200 VUV
Facilities Engineer Facilities / Maintenance / Repair 991,100 VUV
Facilities Maintenance Manager Facilities / Maintenance / Repair 1,510,400 VUV
Facilities Maintenance Supervisor Facilities / Maintenance / Repair 1,083,500 VUV
Facilities Manager Facilities / Maintenance / Repair 1,570,900 VUV
Field Service Manager Facilities / Maintenance / Repair 1,547,500 VUV
Field Service Technician Facilities / Maintenance / Repair 294,700 VUV
Fire Alarm System Installer Facilities / Maintenance / Repair 559,000 VUV
Glazier Facilities / Maintenance / Repair 349,300 VUV
HVAC Mechanic Facilities / Maintenance / Repair 351,200 VUV
HVAC Technician Facilities / Maintenance / Repair 339,100 VUV
Laborer Facilities / Maintenance / Repair 314,500 VUV
Maintenance Fitter Facilities / Maintenance / Repair 318,800 VUV
Maintenance Mechanic Facilities / Maintenance / Repair 339,100 VUV
Maintenance Officer Facilities / Maintenance / Repair 330,900 VUV
Maintenance Planner Facilities / Maintenance / Repair 504,300 VUV
Maintenance Supervisor Facilities / Maintenance / Repair 596,100 VUV
Maintenance Worker Facilities / Maintenance / Repair 325,800 VUV
Mechanic Facilities / Maintenance / Repair 348,300 VUV
Plant Engineer Facilities / Maintenance / Repair 1,030,200 VUV
Property Administration Officer Facilities / Maintenance / Repair 623,700 VUV
Service Engineer Facilities / Maintenance / Repair 970,200 VUV
Service Operations Manager Facilities / Maintenance / Repair 1,655,500 VUV
Technician Facilities / Maintenance / Repair 322,600 VUV
Tool Technician Facilities / Maintenance / Repair 330,900 VUV

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