Average Contracts Specialist Salary in Northern Mariana Islands for 2024

In this article, we will look at the average Contracts Specialist salary for 2024 in Northern Mariana 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 Contracts Specialist Make in Northern Mariana Islands?

A Contracts Specialist working in Northern Mariana Islands will typically earn around 13,560 USD per year, and this can range from the lowest average salary of about 5,520 USD to the highest average salary of 22,540 USD.

Average Annual Salary
13,560 USD
Average Monthly Salary
1,130 USD

Lowest Annual Salary
5,520 USD
Lowest Monthly Salary
460 USD

Highest Annual Salary
22,540 USD
Highest Monthly Salary
1,878 USD

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

Contracts Specialist 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 Specialist Salaries in Northern Mariana Islands

So we've looked at the average salaries a Contracts Specialist will earn in Northern Mariana Islands. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Contracts Specialist can earn between 5,520 USD and 22,540 USD on average in Northern Mariana 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 Contracts Specialist in Northern Mariana Islands is 13,100 USD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 13,100 USD, and 50% of the population earn more than 13,100 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 Contracts Specialist salary in Northern Mariana Islands, 25% of the population are earning less than 7,820 USD while 75% of the population earn more than 7,820 USD.

75% of the population earn less than 20,500 USD, and 25% of the population earn more than 20,500 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.

Contracts Specialist Salary by Experience Level in Northern Mariana 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 contracts specialist 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 Specialist in Northern Mariana Islands that has less than two years of experience can expect to earn somewhere in the region of 6,280 USD.
  • 2 - 5 Years Experience. With two to five years of experience the average Contracts Specialist salary would increase to 9,960 USD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Contracts Specialist, the average salary would be 17,020 USD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 17,760 USD.
  • 15 - 20 Years Experience. A Contracts Specialist with 15 to 20 years of experience can earn an average of 18,940 USD.
  • 20+ Years Experience. For a Contracts Specialist with more than 20 years, the expected average salary increases to 21,020 USD.

Average Salary by Experience Chart

0-2 Years
6,280 USD
2-5 Years +38%
9,960 USD
5-10 Years +42%
17,020 USD
10-15 Years +22%
17,760 USD
15-20 Years +6%
18,940 USD
20+ Years +9%
21,020 USD

Contracts Specialist Salary by Education Level in Northern Mariana 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 Contracts Specialist in Northern Mariana Islands 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 Specialist in Northern Mariana Islands with a high school education can earn an average salary of 10,380 USD.

  • Certificate or Diploma. A Contracts Specialist in Northern Mariana Islands with a certificate or diploma education can earn an average salary of 12,840 USD.

  • Bachelor's Degree. A Contracts Specialist in Northern Mariana Islands with a bachelor's degree education can earn an average salary of 16,880 USD.

  • Master's Degree. A Contracts Specialist in Northern Mariana Islands with a master's degree education can earn an average salary of 21,020 USD.

Average Salary by Education Chart

High School
10,380 USD
Certificate or Diploma +17%
12,840 USD
Bachelor's Degree +45%
16,880 USD
Master's Degree +31%
21,020 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 Northern Mariana Islands is around 9,930 to 29,800 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.

Contracts Specialist 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 Northern Mariana Islands, a male contracts specialist will earn an average of 14,540 USD, while a female contracts specialist will earn around 14,620 USD.

This means that a male contracts specialist earns approximately 1% less than a female contracts specialist for performing the same job.

Average Salary by Gender Chart in Northern Mariana Islands

Male
14,540 USD
Female +1%
14,620 USD

Contracts Specialist Average Pay Raise in Northern Mariana 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 Contracts Specialist in Northern Mariana Islands is around 6% every 30 months.

The national average pay raise across all professions and industries in Northern Mariana Islands 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 ÷ 30 ) × 12  = 2%

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

Annual Pay Raise by Industry in Northern Mariana Islands for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Northern Mariana 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%

Contracts Specialist Bonus and Incentive Rates in Northern Mariana 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 Contracts Specialist is a low bonus based job, with 39% of employees reporting at least one bonus in the last 12 months.

61% 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
39%
No Bonus
61%

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 Northern Mariana Islands earn approximately 16% more than private sector employees in the same role.

Public Sector
27,040 USD
Private Sector -16%
23,400 USD

Salaries for Jobs Similar to a Contracts Specialist

In the table below, we have salary information for jobs that are similar to a Contracts Specialist in Northern Mariana Islands.

Job Title Category Salary
Account Representative Customer Service and Call Center 9,740 USD
Account Service Representative Customer Service and Call Center 8,880 USD
Business Support Specialist Customer Service and Call Center 14,840 USD
Call Center Advisor Customer Service and Call Center 12,200 USD
Call Center Duty Manager Customer Service and Call Center 14,540 USD
Call Center Manager Customer Service and Call Center 29,320 USD
Call Center Manager Customer Service and Call Center 31,540 USD
Call Center Quality Analyst Customer Service and Call Center 18,780 USD
Call Center Representative Customer Service and Call Center 7,240 USD
Call Center Scheduler Customer Service and Call Center 9,960 USD
Call Center Scheduling Manager Customer Service and Call Center 14,660 USD
Call Center Supervisor Customer Service and Call Center 12,620 USD
Call Center Team Leader Customer Service and Call Center 14,920 USD
Client Engagement Specialest Customer Service and Call Center 16,400 USD
Client Executive Customer Service and Call Center 13,540 USD
Client Liaison Officer Customer Service and Call Center 9,360 USD
Client Relations Manager Customer Service and Call Center 32,200 USD
Client Relationship Executive Customer Service and Call Center 26,860 USD
Client Relationship Manager Customer Service and Call Center 32,020 USD
Client Service Analyst Customer Service and Call Center 16,140 USD
Client Service Representative Customer Service and Call Center 9,440 USD
Client Strategy Specialist Customer Service and Call Center 18,280 USD
Customer Care Officer Customer Service and Call Center 10,320 USD
Customer Care Representative Customer Service and Call Center 7,080 USD
Customer Center Supervisor Customer Service and Call Center 12,840 USD
Customer Experience Analyst Customer Service and Call Center 10,220 USD
Customer Experience Manager Customer Service and Call Center 33,960 USD
Customer Experience Specialist Customer Service and Call Center 20,120 USD
Customer Fulfillment Specialist Customer Service and Call Center 19,220 USD
Customer Insights Analyst Customer Service and Call Center 17,760 USD
Customer Problem Manager Customer Service and Call Center 20,300 USD
Customer Relations Manager Customer Service and Call Center 30,700 USD
Customer Relations Specialist Customer Service and Call Center 19,020 USD
Customer Sales Representative Customer Service and Call Center 7,240 USD
Customer Sales Support Customer Service and Call Center 8,100 USD
Customer Service Administration Customer Service and Call Center 10,220 USD
Customer Service Advisor Customer Service and Call Center 20,120 USD
Customer Service Agent Customer Service and Call Center 9,020 USD
Customer Service Associate Customer Service and Call Center 9,020 USD
Customer Service Coordinator Customer Service and Call Center 12,300 USD
Customer Service Country Manager Customer Service and Call Center 35,300 USD
Customer Service Executive Customer Service and Call Center 21,100 USD
Customer Service Manager Customer Service and Call Center 31,400 USD
Customer Service Manager Customer Service and Call Center 31,520 USD
Customer Service Officer Customer Service and Call Center 10,100 USD
Customer Service Representative Customer Service and Call Center 9,360 USD
Customer Service Sales Support Customer Service and Call Center 6,440 USD
Customer Service Specialist Customer Service and Call Center 7,080 USD
Customer Service Supervisor Customer Service and Call Center 13,960 USD
Customer Service Team Leader Customer Service and Call Center 20,120 USD
Customer Service Trainer Customer Service and Call Center 17,620 USD
Customer Service Working Supervisor Customer Service and Call Center 14,840 USD
Customer Solutions Representative Customer Service and Call Center 19,380 USD
Customer Success Manager Customer Service and Call Center 31,080 USD
Customer Success Specialist Customer Service and Call Center 19,360 USD
Customer Support Agent Customer Service and Call Center 9,360 USD
Dispute Resolution Specialist Customer Service and Call Center 15,760 USD
Field Service Representative Customer Service and Call Center 10,320 USD
Guest Relations Officer Customer Service and Call Center 6,080 USD
Guest Service Agent Customer Service and Call Center 6,200 USD
Inbound Call Center Representative Customer Service and Call Center 7,800 USD
Inbound Sales Representative Customer Service and Call Center 10,100 USD
Internet Banking Supervisor Customer Service and Call Center 25,440 USD
Lead Administrator Customer Service and Call Center 19,360 USD
Logistics Coordinator Customer Service and Call Center 10,380 USD
Operations Support Manager Customer Service and Call Center 25,940 USD
Real Time Analyst Customer Service and Call Center 15,300 USD
Regional Account Manager Customer Service and Call Center 31,940 USD
Service Administrator Customer Service and Call Center 14,540 USD
Service Delivery Manager Customer Service and Call Center 31,380 USD
Service Writer Customer Service and Call Center 6,080 USD
Sourcing Assistant Customer Service and Call Center 6,080 USD
Telephone Operator Customer Service and Call Center 8,440 USD
Vendor Administration Specialist Customer Service and Call Center 10,080 USD
Workforce Manager Customer Service and Call Center 18,780 USD

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