Average Electronic Drafter Salary in Marshall Islands for 2024

In this article, we will look at the average Electronic Drafter 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 an Electronic Drafter Make in Marshall Islands?

An Electronic Drafter working in Marshall Islands will typically earn around 11,300 USD per year, and this can range from the lowest average salary of about 5,780 USD to the highest average salary of 16,400 USD.

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

Electronic Drafter 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 Electronic Drafter Salaries in Marshall Islands

So we've looked at the average salaries an Electronic Drafter will earn in Marshall Islands. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Electronic Drafter can earn between 5,780 USD and 16,400 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 an Electronic Drafter in Marshall Islands is 12,840 USD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 12,840 USD, and 50% of the population earn more than 12,840 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 Electronic Drafter salary in Marshall Islands, 25% of the population are earning less than 6,080 USD while 75% of the population earn more than 6,080 USD.

75% of the population earn less than 14,660 USD, and 25% of the population earn more than 14,660 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.

Electronic Drafter 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 electronic drafter 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. An Electronic Drafter in Marshall Islands that has less than two years of experience can expect to earn somewhere in the region of 6,480 USD.
• 2 - 5 Years Experience. With two to five years of experience the average Electronic Drafter salary would increase to 6,080 USD.
• 5 - 10 Years Experience. From five to ten years of experience as an Electronic Drafter, the average salary would be 9,960 USD.
• 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 13,540 USD.
• 15 - 20 Years Experience. An Electronic Drafter with 15 to 20 years of experience can earn an average of 12,620 USD.
• 20+ Years Experience. For an Electronic Drafter with more than 20 years, the expected average salary increases to 17,020 USD.

Average Salary by Experience Chart

Electronic Drafter 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 an Electronic Drafter 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.

• High School. An Electronic Drafter in Marshall Islands with a high school education can earn an average salary of 5,620 USD.

• Certificate or Diploma. An Electronic Drafter in Marshall Islands with a certificate or diploma education can earn an average salary of 10,380 USD.

• Bachelor's Degree. An Electronic Drafter in Marshall Islands with a bachelor's degree education can earn an average salary of 15,760 USD.

Average Salary by Education Chart

Electronic Drafter 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 electronic drafter will earn an average of 12,840 USD, while a female electronic drafter will earn around 8,560 USD.

This means that a male electronic drafter earns approximately 50% more than a female electronic drafter for performing the same job.

Average Salary by Gender Chart in Marshall Islands

Electronic Drafter 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 an Electronic Drafter in Marshall Islands is around 5% every 30 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 ÷ 30 ) × 12  = 2%

What this means is that an Electronic Drafter 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.

Electronic Drafter 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.

An Electronic Drafter is a low bonus based job, with 15% of employees reporting at least one bonus in the last 12 months.

85% 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 4%.

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.

Salaries for Jobs Similar to an Electronic Drafter

In the table below, we have salary information for jobs that are similar to an Electronic Drafter in Marshall Islands.

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