Average Diamond Setter Salary in Tabuk, Saudi Arabia for 2024

In this article, we will look at the average Diamond Setter salary for 2024 in Tabuk 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 Saudi riyal. To keep things simple, we are using the SAR currency code instead of the currency symbol ر.س.

How Much Does a Diamond Setter Make in Tabuk?

A Diamond Setter working in Tabuk will typically earn around 79,000 SAR per year, and this can range from the lowest average salary of about 40,420 SAR to the highest average salary of 124,400 SAR.

Average Annual Salary
79,000 SAR
Average Monthly Salary
6,583 SAR

Lowest Annual Salary
40,420 SAR
Lowest Monthly Salary
3,368 SAR

Highest Annual Salary
124,400 SAR
Highest Monthly Salary
10,366 SAR

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

Diamond Setter 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 Diamond Setter Salaries in Tabuk

So we've looked at the average salaries a Diamond Setter will earn in Tabuk. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Diamond Setter can earn between 40,420 SAR and 124,400 SAR on average in Tabuk. 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 Diamond Setter in Tabuk is 81,880 SAR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 81,880 SAR, and 50% of the population earn more than 81,880 SAR.

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 Diamond Setter salary in Tabuk, 25% of the population are earning less than 55,140 SAR while 75% of the population earn more than 55,140 SAR.

75% of the population earn less than 105,800 SAR, and 25% of the population earn more than 105,800 SAR.

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.

Diamond Setter Salary by Experience Level in Tabuk

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 diamond setter 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 Diamond Setter in Tabuk that has less than two years of experience can expect to earn somewhere in the region of 47,120 SAR.
  • 2 - 5 Years Experience. With two to five years of experience the average Diamond Setter salary would increase to 59,940 SAR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Diamond Setter, the average salary would be 80,500 SAR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 102,380 SAR.
  • 15 - 20 Years Experience. A Diamond Setter with 15 to 20 years of experience can earn an average of 108,300 SAR.
  • 20+ Years Experience. For a Diamond Setter with more than 20 years, the expected average salary increases to 115,400 SAR.

Average Salary by Experience Chart

0-2 Years
47,120 SAR
2-5 Years +29%
59,940 SAR
5-10 Years +38%
80,500 SAR
10-15 Years +24%
102,380 SAR
15-20 Years +7%
108,300 SAR
20+ Years +7%
115,400 SAR

Diamond Setter Salary by Education Level in Tabuk

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 Diamond Setter in Tabuk 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 Diamond Setter in Tabuk with a high school education can earn an average salary of 66,940 SAR.

  • Certificate or Diploma. A Diamond Setter in Tabuk with a certificate or diploma education can earn an average salary of 107,960 SAR.

Average Salary by Education Chart

High School
66,940 SAR
Certificate or Diploma +65%
107,960 SAR

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 Saudi Arabia is around 83,500 to 251,000 SAR 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.

Diamond Setter 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 Tabuk, a male diamond setter will earn an average of 83,400 SAR, while a female diamond setter will earn around 92,680 SAR.

This means that a male diamond setter earns approximately 10% less than a female diamond setter for performing the same job.

Average Salary by Gender Chart in Tabuk

Male
83,400 SAR
Female +10%
92,680 SAR

Diamond Setter Average Pay Raise in Tabuk

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 Diamond Setter in Tabuk is around 9% every 17 months.

The national average pay raise across all professions and industries in Saudi Arabia is around 8% every 17 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 = ( 9 ÷ 17 ) × 12  = 6%

What this means is that a Diamond Setter in Tabuk can expect to receive an average pay raise of around 6% every 12 months.

Annual Pay Raise by Industry in Tabuk for 2024

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

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

Banking
2%
Energy
4%
Information Technology
6%
Healthcare
8%
Travel
1%
Construction
3%
Education
5%

Diamond Setter Bonus and Incentive Rates in Tabuk

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 Diamond Setter is a low bonus based job, with 25% of employees reporting at least one bonus in the last 12 months.

75% 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 1% to 3%.

Received Bonus
25%
No Bonus
75%

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 Saudi Arabia earn approximately 8% more than private sector employees in the same role.

Public Sector
207,800 SAR
Private Sector -8%
192,600 SAR

Salaries for Jobs Similar to a Diamond Setter

In the table below, we have salary information for jobs that are similar to a Diamond Setter in Tabuk.

Job Title Category Salary
Alterations Specialist Fashion and Apparel 75,100 SAR
Barber Fashion and Apparel 80,340 SAR
Bench Jeweler Fashion and Apparel 65,760 SAR
Clothing and Textile Technologist Fashion and Apparel 159,400 SAR
Cosmetology Educator Fashion and Apparel 180,500 SAR
Diamond Worker Fashion and Apparel 102,020 SAR
Fabric Manager Fashion and Apparel 195,200 SAR
Fashion Design Manager Fashion and Apparel 299,500 SAR
Fashion Designer Fashion and Apparel 267,100 SAR
Fashion Merchandiser Fashion and Apparel 119,900 SAR
Fashion Model Fashion and Apparel 175,900 SAR
Freelance Fashion Stylist Fashion and Apparel 294,300 SAR
Garment Technologist Fashion and Apparel 154,700 SAR
Hairstylist Fashion and Apparel 86,760 SAR
Jeweler Fashion and Apparel 146,200 SAR
Jewelry Mold Maker Fashion and Apparel 105,940 SAR
Jewelry Polisher Fashion and Apparel 61,680 SAR
Jewelry Sales Fashion and Apparel 125,100 SAR
Plating Manager Fashion and Apparel 197,600 SAR
Product Development Manager Fashion and Apparel 335,100 SAR
Sewing Machine Operator Fashion and Apparel 54,560 SAR
Shoe Sales Fashion and Apparel 87,640 SAR
Supply Chain Manager Fashion and Apparel 315,700 SAR
Tailor / Fitter Fashion and Apparel 74,940 SAR
Trend Forecaster Fashion and Apparel 192,000 SAR
Visual Merchandising Coordinator Fashion and Apparel 127,700 SAR
Visual Merchandising Projects Manager Fashion and Apparel 275,800 SAR

Salary Comparison by City

If you want to compare salaries with different cities in Saudi Arabia, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Abha 85,440 SAR
Dammam 87,000 SAR
Jeddah 93,120 SAR
Khubar 84,180 SAR
Mecca 91,960 SAR
Medina 84,180 SAR
Riyadh 91,560 SAR
Taif 82,520 SAR

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  • "Average Diamond Setter Salary in Tabuk, Saudi Arabia for 2024". World Salaries. Accessed on November 3, 2024. https://worldsalaries.com/average-diamond-setter-salary-in-tabuk/saudi-arabia/.

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