Average Instrumentation Technician Salary in Micronesia for 2024

In this article, we will look at the average Instrumentation Technician salary for 2024 in Micronesia 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 Instrumentation Technician Make in Micronesia?

An Instrumentation Technician working in Micronesia will typically earn around 5,620 USD per year, and this can range from the lowest average salary of about 4,480 USD to the highest average salary of 7,820 USD.

Average Annual Salary
5,620 USD
Average Monthly Salary
468 USD

Lowest Annual Salary
4,480 USD
Lowest Monthly Salary
373 USD

Highest Annual Salary
7,820 USD
Highest Monthly Salary
651 USD

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

Instrumentation Technician 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 Instrumentation Technician Salaries in Micronesia

So we've looked at the average salaries an Instrumentation Technician will earn in Micronesia. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Instrumentation Technician can earn between 4,480 USD and 7,820 USD on average in Micronesia. 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 Instrumentation Technician in Micronesia is 6,080 USD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 6,080 USD, and 50% of the population earn more than 6,080 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 Instrumentation Technician salary in Micronesia, 25% of the population are earning less than 6,000 USD while 75% of the population earn more than 6,000 USD.

75% of the population earn less than 7,240 USD, and 25% of the population earn more than 7,240 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.

Instrumentation Technician Salary by Experience Level in Micronesia

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 instrumentation technician 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 Instrumentation Technician in Micronesia that has less than two years of experience can expect to earn somewhere in the region of 1,460 USD.
  • 2 - 5 Years Experience. With two to five years of experience the average Instrumentation Technician salary would increase to 4,860 USD.
  • 5 - 10 Years Experience. From five to ten years of experience as an Instrumentation Technician, the average salary would be 5,200 USD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 8,420 USD.
  • 15 - 20 Years Experience. An Instrumentation Technician with 15 to 20 years of experience can earn an average of 10,100 USD.
  • 20+ Years Experience. For an Instrumentation Technician with more than 20 years, the expected average salary increases to 10,320 USD.

Average Salary by Experience Chart

0-2 Years
1,460 USD
2-5 Years +38%
4,860 USD
5-10 Years +42%
5,200 USD
10-15 Years +22%
8,420 USD
15-20 Years +6%
10,100 USD
20+ Years +9%
10,320 USD

Instrumentation Technician Salary by Education Level in Micronesia

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 Instrumentation Technician in Micronesia 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 Instrumentation Technician in Micronesia with a high school education can earn an average salary of 5,160 USD.

  • Certificate or Diploma. An Instrumentation Technician in Micronesia with a certificate or diploma education can earn an average salary of 5,400 USD.

  • Bachelor's Degree. An Instrumentation Technician in Micronesia with a bachelor's degree education can earn an average salary of 7,800 USD.

Average Salary by Education Chart

High School
5,160 USD
Certificate or Diploma +51%
5,400 USD
Bachelor's Degree +50%
7,800 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 Micronesia is around 7,020 to 21,100 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.

Instrumentation Technician 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 Micronesia, a male instrumentation technician will earn an average of 5,200 USD, while a female instrumentation technician will earn around 5,160 USD.

This means that a male instrumentation technician earns approximately 1% more than a female instrumentation technician for performing the same job.

Average Salary by Gender Chart in Micronesia

Male
5,200 USD
Female -1%
5,160 USD

Instrumentation Technician Average Pay Raise in Micronesia

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 Instrumentation Technician in Micronesia is around 5% every 30 months.

The national average pay raise across all professions and industries in Micronesia 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 Instrumentation Technician in Micronesia can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Micronesia for 2024

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

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%

Instrumentation Technician Bonus and Incentive Rates in Micronesia

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 Instrumentation Technician is a low bonus based job, with 14% of employees reporting at least one bonus in the last 12 months.

86% 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%.

Received Bonus
14%
No Bonus
86%

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 Micronesia earn approximately 4% less than private sector employees in the same role.

Public Sector
15,700 USD
Private Sector +4%
16,400 USD

Salaries for Jobs Similar to an Instrumentation Technician

In the table below, we have salary information for jobs that are similar to an Instrumentation Technician in Micronesia.

Job Title Category Salary
Cable Installer and Locator Electrical and Electronics Trades 4,860 USD
Cable Technician Electrical and Electronics Trades 4,320 USD
Digital Design Engineer Electrical and Electronics Trades 16,720 USD
Electrical Designer Electrical and Electronics Trades 14,920 USD
Electrical Drafter Electrical and Electronics Trades 7,300 USD
Electrical Engineering Manager Electrical and Electronics Trades 20,760 USD
Electrical Maintenance Manager Electrical and Electronics Trades 19,940 USD
Electrical Planner Electrical and Electronics Trades 12,520 USD
Electrical Sales Engineer Electrical and Electronics Trades 15,760 USD
Electrical Sales Representative Electrical and Electronics Trades 11,300 USD
Electrical Service Technician Electrical and Electronics Trades 4,320 USD
Electrical Technician Electrical and Electronics Trades 6,440 USD
Electrical Worker Electrical and Electronics Trades 6,180 USD
Electrician Electrical and Electronics Trades 6,280 USD
Electromechanical Technician Electrical and Electronics Trades 8,960 USD
Electronic Assembler Electrical and Electronics Trades 6,280 USD
Electronic Drafter Electrical and Electronics Trades 8,440 USD
Electronic Engineer Electrical and Electronics Trades 16,880 USD
Electronic Service Engineer Electrical and Electronics Trades 17,020 USD
Electronics Engineer Electrical and Electronics Trades 14,140 USD
Electronics Instructor Electrical and Electronics Trades 17,100 USD
Electronics Technician Electrical and Electronics Trades 8,420 USD
Field Service Engineer Electrical and Electronics Trades 18,260 USD
Field Service Technician Electrical and Electronics Trades 5,400 USD
Hydroelectric Plant Technician Electrical and Electronics Trades 7,040 USD
Hydroelectric Production Manager Electrical and Electronics Trades 20,520 USD
Journeyman Electrician Electrical and Electronics Trades 6,760 USD
Maintenance Electrician Electrical and Electronics Trades 6,480 USD
Mechatronics Technician Electrical and Electronics Trades 8,420 USD
Power Equipment Mechanic Electrical and Electronics Trades 6,180 USD
Power Line Technician Electrical and Electronics Trades 5,720 USD
Refrigeration and Airconditioning Mechanic Electrical and Electronics Trades 6,440 USD
Security Service Engineer Electrical and Electronics Trades 14,820 USD
Technical Manager Electrical and Electronics Trades 23,520 USD
Turbine Fitter Electrical and Electronics Trades 4,860 USD
Warehouse Attendant Electrical and Electronics Trades 4,840 USD
Warehouse Manager Electrical and Electronics Trades 21,380 USD
Watch Repairer Electrical and Electronics Trades 6,180 USD

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