Average Contracts Negotiator Salary in Saint Martin for 2024

In this article, we will look at the average Contracts Negotiator 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 Contracts Negotiator Make in Saint Martin?

A Contracts Negotiator working in Saint Martin will typically earn around 34,280 EUR per year, and this can range from the lowest average salary of about 16,400 EUR to the highest average salary of 55,840 EUR.

Average Annual Salary
34,280 EUR
Average Monthly Salary
2,856 EUR

Lowest Annual Salary
16,400 EUR
Lowest Monthly Salary
1,366 EUR

Highest Annual Salary
55,840 EUR
Highest Monthly Salary
4,653 EUR

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

Contracts Negotiator 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 Negotiator Salaries in Saint Martin

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

Salary ranges

We already know that a Contracts Negotiator can earn between 16,400 EUR and 55,840 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 Contracts Negotiator in Saint Martin is 39,640 EUR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 39,640 EUR, and 50% of the population earn more than 39,640 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 Contracts Negotiator 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 50,980 EUR, and 25% of the population earn more than 50,980 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.

Contracts Negotiator 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 contracts negotiator 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 Negotiator in Saint Martin that has less than two years of experience can expect to earn somewhere in the region of 16,980 EUR.
  • 2 - 5 Years Experience. With two to five years of experience the average Contracts Negotiator salary would increase to 24,800 EUR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Contracts Negotiator, the average salary would be 35,260 EUR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 45,580 EUR.
  • 15 - 20 Years Experience. A Contracts Negotiator with 15 to 20 years of experience can earn an average of 49,360 EUR.
  • 20+ Years Experience. For a Contracts Negotiator with more than 20 years, the expected average salary increases to 50,620 EUR.

Average Salary by Experience Chart

0-2 Years
16,980 EUR
2-5 Years +33%
24,800 EUR
5-10 Years +48%
35,260 EUR
10-15 Years +22%
45,580 EUR
15-20 Years +9%
49,360 EUR
20+ Years +8%
50,620 EUR

Contracts Negotiator 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 Contracts Negotiator 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.

  • Bachelor's Degree. A Contracts Negotiator in Saint Martin with a bachelor's degree education can earn an average salary of 21,560 EUR.

  • Master's Degree. A Contracts Negotiator in Saint Martin with a master's degree education can earn an average salary of 41,180 EUR.

Average Salary by Education Chart

Bachelor's Degree
21,560 EUR
Master's Degree +93%
41,180 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.

Contracts Negotiator 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 contracts negotiator will earn an average of 37,800 EUR, while a female contracts negotiator will earn around 32,960 EUR.

This means that a male contracts negotiator earns approximately 15% more than a female contracts negotiator for performing the same job.

Average Salary by Gender Chart in Saint Martin

Male
37,800 EUR
Female -15%
32,960 EUR

Contracts Negotiator 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 Contracts Negotiator in Saint Martin is around 7% every 28 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 = ( 7 ÷ 28 ) × 12  = 3%

What this means is that a Contracts Negotiator in Saint Martin can expect to receive an average pay raise of around 3% 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%

Contracts Negotiator 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 Contracts Negotiator 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 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 Contracts Negotiator

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

Job Title Category Salary
Administrative Law Judge Legal 98,120 EUR
Arbitrator Legal 46,400 EUR
Associate Attorney Legal 48,160 EUR
Attorney Legal 71,700 EUR
Bailiff Legal 22,340 EUR
Barrister Legal 19,360 EUR
Candidate Attorney Legal 40,600 EUR
Conciliator Legal 36,940 EUR
Contracts Associate Legal 22,420 EUR
Contracts Manager Legal 42,320 EUR
Contracts Specialist Legal 20,760 EUR
Conveyancing Secretary Legal 19,020 EUR
Corporate Counsel Legal 55,140 EUR
Counsel Legal 51,100 EUR
Court Clerk Legal 17,860 EUR
Court Judicial Assistant Legal 27,560 EUR
Court Liaison Specialist Legal 34,240 EUR
Court Reporter Legal 29,840 EUR
Court Representative Legal 20,760 EUR
Crown Prosecution Service Lawyer Legal 98,540 EUR
General Counsel Legal 99,920 EUR
Immigration Executive Legal 48,760 EUR
In House Counsel Legal 51,120 EUR
Intellectual Property Specialist Legal 37,740 EUR
Judge Advocate Legal 80,480 EUR
Law Clerk Legal 17,620 EUR
Lawyer Legal 75,100 EUR
Legal Administrative Assistant Legal 21,540 EUR
Legal Advisor Legal 43,080 EUR
Legal Assistant Legal 21,020 EUR
Legal Associate Legal 34,480 EUR
Legal Consultant Legal 43,260 EUR
Legal Consultant Legal 44,140 EUR
Legal Counsel Legal 52,380 EUR
Legal Editor Legal 33,980 EUR
Legal Executive Legal 69,720 EUR
Legal Executive Secretary Legal 19,480 EUR
Legal IP Officer Legal 17,860 EUR
Legal Officer Legal 22,540 EUR
Legal Secretary Legal 19,380 EUR
Legal Services Director Legal 88,580 EUR
Legal Services Manager Legal 83,140 EUR
Legal Support Worker Legal 14,660 EUR
Legislative Liaison Legal 35,500 EUR
Litigation Attorney Legal 92,680 EUR
Litigation Paralegal Legal 48,200 EUR
Magistrate Judge Legal 112,560 EUR
Paralegal Legal 27,020 EUR
Patent Attorney Legal 55,140 EUR
Staff Attorney Legal 61,400 EUR

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