Average Forensic Accountant Salary in Martinique for 2024

In this article, we will look at the average Forensic Accountant salary for 2024 in Martinique 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 Forensic Accountant Make in Martinique?

A Forensic Accountant working in Martinique will typically earn around 29,320 EUR per year, and this can range from the lowest average salary of about 13,960 EUR to the highest average salary of 48,140 EUR.

Average Annual Salary
29,320 EUR
Average Monthly Salary
2,443 EUR

Lowest Annual Salary
13,960 EUR
Lowest Monthly Salary
1,163 EUR

Highest Annual Salary
48,140 EUR
Highest Monthly Salary
4,011 EUR

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

Forensic Accountant 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 Forensic Accountant Salaries in Martinique

So we've looked at the average salaries a Forensic Accountant will earn in Martinique. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Forensic Accountant can earn between 13,960 EUR and 48,140 EUR on average in Martinique. 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 Forensic Accountant in Martinique is 33,120 EUR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 33,120 EUR, and 50% of the population earn more than 33,120 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 Forensic Accountant salary in Martinique, 25% of the population are earning less than 21,020 EUR while 75% of the population earn more than 21,020 EUR.

75% of the population earn less than 44,300 EUR, and 25% of the population earn more than 44,300 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.

Forensic Accountant Salary by Experience Level in Martinique

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 forensic accountant 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 Forensic Accountant in Martinique that has less than two years of experience can expect to earn somewhere in the region of 15,580 EUR.
  • 2 - 5 Years Experience. With two to five years of experience the average Forensic Accountant salary would increase to 20,940 EUR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Forensic Accountant, the average salary would be 31,080 EUR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 36,700 EUR.
  • 15 - 20 Years Experience. A Forensic Accountant with 15 to 20 years of experience can earn an average of 42,040 EUR.
  • 20+ Years Experience. For a Forensic Accountant with more than 20 years, the expected average salary increases to 45,200 EUR.

Average Salary by Experience Chart

0-2 Years
15,580 EUR
2-5 Years +34%
20,940 EUR
5-10 Years +48%
31,080 EUR
10-15 Years +22%
36,700 EUR
15-20 Years +9%
42,040 EUR
20+ Years +8%
45,200 EUR

Forensic Accountant Salary by Education Level in Martinique

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 Forensic Accountant in Martinique 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 Forensic Accountant in Martinique with a high school education can earn an average salary of 19,360 EUR.

  • Certificate or Diploma. A Forensic Accountant in Martinique with a certificate or diploma education can earn an average salary of 22,420 EUR.

  • Bachelor's Degree. A Forensic Accountant in Martinique with a bachelor's degree education can earn an average salary of 34,080 EUR.

  • Master's Degree. A Forensic Accountant in Martinique with a master's degree education can earn an average salary of 43,360 EUR.

Average Salary by Education Chart

High School
19,360 EUR
Certificate or Diploma +18%
22,420 EUR
Bachelor's Degree +45%
34,080 EUR
Master's Degree +31%
43,360 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 Martinique is around 15,100 to 45,200 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.

Forensic Accountant 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 Martinique, a male forensic accountant will earn an average of 32,960 EUR, while a female forensic accountant will earn around 26,500 EUR.

This means that a male forensic accountant earns approximately 24% more than a female forensic accountant for performing the same job.

Average Salary by Gender Chart in Martinique

Male
32,960 EUR
Female -24%
26,500 EUR

Forensic Accountant Average Pay Raise in Martinique

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 Forensic Accountant in Martinique is around 7% every 28 months.

The national average pay raise across all professions and industries in Martinique 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 Forensic Accountant in Martinique can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Martinique for 2024

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

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

Banking
9%
Energy
9%
Information Technology
9%
Healthcare
9%
Travel
9%
Construction
9%
Education
9%

Forensic Accountant Bonus and Incentive Rates in Martinique

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 Forensic Accountant 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 Martinique earn approximately 27% more than private sector employees in the same role.

Public Sector
41,980 EUR
Private Sector -27%
32,960 EUR

Salaries for Jobs Similar to a Forensic Accountant

In the table below, we have salary information for jobs that are similar to a Forensic Accountant in Martinique.

Job Title Category Salary
Account Examiner Accounting and Finance 16,980 EUR
Account Executive Accounting and Finance 31,520 EUR
Accountant Accounting and Finance 24,800 EUR
Accounting Analyst Accounting and Finance 31,340 EUR
Accounting Assistant Accounting and Finance 20,520 EUR
Accounting Associate Accounting and Finance 17,860 EUR
Accounting Clerk Accounting and Finance 17,100 EUR
Accounting Coordinator Accounting and Finance 23,400 EUR
Accounting Head Accounting and Finance 51,400 EUR
Accounting Manager Accounting and Finance 54,460 EUR
Accounting Officer Accounting and Finance 19,480 EUR
Accounting Specialist Accounting and Finance 32,420 EUR
Accounting Supervisor Accounting and Finance 38,180 EUR
Accounting Technician Accounting and Finance 18,780 EUR
Accounting Unit Controller Accounting and Finance 45,600 EUR
Accounts Executive Accounting and Finance 34,540 EUR
Accounts Officer Accounting and Finance 19,160 EUR
Accounts Payable and Receivable Specialist Accounting and Finance 25,160 EUR
Accounts Payable Assistant Accounting and Finance 19,060 EUR
Accounts Payable Associate Accounting and Finance 23,500 EUR
Accounts Payable Clerk Accounting and Finance 18,940 EUR
Accounts Payable Manager Accounting and Finance 46,880 EUR
Accounts Receivable Administrator Accounting and Finance 38,060 EUR
Accounts Receivable Clerk Accounting and Finance 19,360 EUR
Accounts Receivable Financial Analyst Accounting and Finance 35,340 EUR
Accounts Receivable Manager Accounting and Finance 52,540 EUR
Accounts Receivable Team Leader Accounting and Finance 40,420 EUR
Assistant Accountant Accounting and Finance 20,500 EUR
Assistant Accounting Manager Accounting and Finance 48,560 EUR
Assistant Auditor Accounting and Finance 25,680 EUR
Assistant Corporate Controller Accounting and Finance 37,200 EUR
Assistant Finance Manager Accounting and Finance 50,520 EUR
Assistant Financial Controller Accounting and Finance 35,300 EUR
Audit Director Accounting and Finance 61,180 EUR
Audit Supervisor Accounting and Finance 48,820 EUR
Auditing Clerk Accounting and Finance 19,160 EUR
Auditing Manager Accounting and Finance 57,360 EUR
Billing Clerk Accounting and Finance 20,520 EUR
Billing Coordinator Accounting and Finance 22,420 EUR
Billing Specialist Accounting and Finance 26,860 EUR
Billing Supervisor Accounting and Finance 40,040 EUR
Bookkeeper Accounting and Finance 18,260 EUR
Bookkeeping Specialist Accounting and Finance 24,820 EUR
Budget Analyst Accounting and Finance 46,280 EUR
Budget Manager Accounting and Finance 51,080 EUR
Business Support Analyst Accounting and Finance 28,720 EUR
Capital Markets Associate Accounting and Finance 37,880 EUR
Cash Flow Analyst Accounting and Finance 38,060 EUR
Cash Management Manager Accounting and Finance 53,120 EUR
Cash Management Officer Accounting and Finance 26,400 EUR
Cashbook Clerk Accounting and Finance 16,140 EUR
Chartered Accountant Accounting and Finance 30,700 EUR
Chief Accountant Accounting and Finance 38,620 EUR
Collections Clerk Accounting and Finance 17,260 EUR
Collections Representative Accounting and Finance 23,500 EUR
Collections Specialist Accounting and Finance 27,020 EUR
Corporate Controller Accounting and Finance 39,560 EUR
Corporate Treasurer Accounting and Finance 45,600 EUR
Cost Accountant Accounting and Finance 24,800 EUR
Cost Accounting Manager Accounting and Finance 51,100 EUR
Cost Accounting Supervisor Accounting and Finance 42,040 EUR
Cost Analyst Accounting and Finance 43,360 EUR
Credit and Collection Manager Accounting and Finance 48,920 EUR
Credit and Collection Staff Accounting and Finance 18,940 EUR
Credit and Loans Officer Accounting and Finance 19,200 EUR
Credit Controller Accounting and Finance 34,540 EUR
Credit Manager Accounting and Finance 54,460 EUR
Debt Adviser Accounting and Finance 42,320 EUR
Debt Collector Accounting and Finance 20,940 EUR
Debtors Clerk Accounting and Finance 19,200 EUR
Debtors Controller Accounting and Finance 19,480 EUR
Deputy CFO Accounting and Finance 71,660 EUR
Deputy Head of Finance Accounting and Finance 68,320 EUR
Derivative Trader Accounting and Finance 44,780 EUR
Director of Finance Accounting and Finance 74,300 EUR
Economist Accounting and Finance 60,460 EUR
Equity Analyst Accounting and Finance 47,180 EUR
Escrow Assistant Accounting and Finance 23,480 EUR
Executive Accountant Accounting and Finance 26,280 EUR
External Auditor Accounting and Finance 34,360 EUR
Finance Administrator Accounting and Finance 31,660 EUR
Finance Analyst Accounting and Finance 45,720 EUR
Finance Associate Accounting and Finance 23,500 EUR
Finance Director Accounting and Finance 75,280 EUR
Finance Executive Accounting and Finance 53,660 EUR
Finance Licensing Clerk Accounting and Finance 19,360 EUR
Finance Licensing Manager Accounting and Finance 48,820 EUR
Finance Licensing Specialist Accounting and Finance 26,100 EUR
Finance Manager Accounting and Finance 71,280 EUR
Finance Officer Accounting and Finance 23,500 EUR
Finance President Accounting and Finance 74,300 EUR
Finance Relationship Manager Accounting and Finance 58,860 EUR
Finance Release Analyst Accounting and Finance 27,020 EUR
Finance Specialist Accounting and Finance 42,040 EUR
Finance Team Leader Accounting and Finance 57,360 EUR
Financial Accountant Accounting and Finance 27,300 EUR
Financial Actuary Accounting and Finance 39,080 EUR
Financial Administrator Accounting and Finance 43,340 EUR
Financial Advisor Accounting and Finance 46,160 EUR
Financial Analyst Accounting and Finance 47,760 EUR
Financial Applications Specialist Accounting and Finance 31,380 EUR
Financial Assistant Accounting and Finance 19,060 EUR
Financial Associate Accounting and Finance 20,940 EUR
Financial Associate Accounting and Finance 25,680 EUR
Financial Claims Analyst Accounting and Finance 34,120 EUR
Financial Claims Manager Accounting and Finance 43,340 EUR
Financial Claims Supervisor Accounting and Finance 43,360 EUR
Financial Clerk Accounting and Finance 19,860 EUR
Financial Commercial Analyst Accounting and Finance 35,260 EUR
Financial Compliance Analyst Accounting and Finance 42,320 EUR
Financial Consultant Accounting and Finance 34,480 EUR
Financial Controller Accounting and Finance 42,320 EUR
Financial Controller Accounting and Finance 43,360 EUR
Financial Coordinator Accounting and Finance 23,260 EUR
Financial Customer Service Manager Accounting and Finance 48,640 EUR
Financial Dealer and Broker Accounting and Finance 26,500 EUR
Financial Director Accounting and Finance 76,540 EUR
Financial Encoder Accounting and Finance 22,540 EUR
Financial Manager Accounting and Finance 68,900 EUR
Financial Manager Accounting and Finance 73,040 EUR
Financial Operations Manager Accounting and Finance 69,240 EUR
Financial Policy Analyst Accounting and Finance 37,800 EUR
Financial Project Manager Accounting and Finance 51,120 EUR
Financial Quantitative Analyst Accounting and Finance 44,780 EUR
Financial Reporting Consultant Accounting and Finance 35,260 EUR
Financial Reporting Manager Accounting and Finance 45,600 EUR
Financial Section Head Accounting and Finance 49,700 EUR
Financial Services Manager Accounting and Finance 69,240 EUR
Financial Services Sales Agent Accounting and Finance 28,720 EUR
Fixed Assets Administrator Accounting and Finance 26,100 EUR
Fraud Detection Supervisor Accounting and Finance 31,940 EUR
Fraud Prevention Manager Accounting and Finance 51,120 EUR
Fund Accountant Accounting and Finance 27,380 EUR
Grants Coordinator Accounting and Finance 17,760 EUR
Group Financial Manager Accounting and Finance 72,540 EUR
Internal Auditor Accounting and Finance 33,980 EUR
Internal Control Adviser Accounting and Finance 40,560 EUR
Internal Control Officer Accounting and Finance 20,760 EUR
International Tax Director Accounting and Finance 57,860 EUR
Inventory Accountant Accounting and Finance 24,860 EUR
Investment Advisor Accounting and Finance 69,240 EUR
Investment Analyst Accounting and Finance 52,180 EUR
Investment Associate Accounting and Finance 43,220 EUR
Investment Broker Accounting and Finance 42,320 EUR
Investment Fund Manager Accounting and Finance 60,480 EUR
Investment Operations Manager Accounting and Finance 58,200 EUR
Investment Underwriter Accounting and Finance 21,400 EUR
Investor Accounting and Finance 32,960 EUR
Investor Relations Manager Accounting and Finance 51,340 EUR
KYC Team Leader Accounting and Finance 49,200 EUR
Loan Processor Accounting and Finance 19,160 EUR
Management Accountant Accounting and Finance 29,320 EUR
Management Economist Accounting and Finance 61,400 EUR
Paymaster Accounting and Finance 19,380 EUR
Payroll Administrator Accounting and Finance 33,980 EUR
Payroll Benefits Coordinator Accounting and Finance 28,660 EUR
Payroll Billing Manager Accounting and Finance 47,580 EUR
Payroll Clerk Accounting and Finance 19,980 EUR
Payroll Manager Accounting and Finance 46,980 EUR
Payroll Officer Accounting and Finance 21,560 EUR
Payroll Specialist Accounting and Finance 25,720 EUR
Payroll Supervisor Accounting and Finance 32,420 EUR
Pensions Administrator Accounting and Finance 29,040 EUR
Personal Financial Advisor Accounting and Finance 39,800 EUR
Pricing Analyst Accounting and Finance 43,360 EUR
Private Equity Analyst Accounting and Finance 47,540 EUR
Project Accountant Accounting and Finance 27,620 EUR
Proposal Development Coordinator Accounting and Finance 22,420 EUR
Receivables Accountant Accounting and Finance 23,140 EUR
Regulatory Accountant Accounting and Finance 26,400 EUR
Retirement Plan Analyst Accounting and Finance 39,560 EUR
Revenue Management Specialist Accounting and Finance 43,260 EUR
Revenue Recognition Analyst Accounting and Finance 43,760 EUR
Risk Management Director Accounting and Finance 61,460 EUR
Risk Management Supervisor Accounting and Finance 51,100 EUR
Staff Accountant Accounting and Finance 23,260 EUR
Tax Accountant Accounting and Finance 27,020 EUR
Tax Administrator Accounting and Finance 25,720 EUR
Tax Advisor Accounting and Finance 39,080 EUR
Tax Analyst Accounting and Finance 39,420 EUR
Tax Associate Accounting and Finance 21,560 EUR
Tax Consultant Accounting and Finance 40,240 EUR
Tax Director Accounting and Finance 57,860 EUR
Tax Examiner Accounting and Finance 26,100 EUR
Tax Manager Accounting and Finance 52,880 EUR
Tax Research Manager Accounting and Finance 50,520 EUR
Teller Accounting and Finance 15,580 EUR
Treasury Accountant Accounting and Finance 26,780 EUR
Treasury Analyst Accounting and Finance 43,080 EUR
Underwriter Accounting and Finance 19,200 EUR
Underwriting Assistant Accounting and Finance 15,920 EUR
Vice President of Finance Accounting and Finance 66,840 EUR

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