Average Investment Advisor Salary in Tonga for 2024

In this article, we will look at the average Investment Advisor salary for 2024 in Tonga 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 Tongan paʻanga. To keep things simple, we are using the TOP currency code instead of the currency symbol T$.

How Much Does an Investment Advisor Make in Tonga?

An Investment Advisor working in Tonga will typically earn around 45,200 TOP per year, and this can range from the lowest average salary of about 19,980 TOP to the highest average salary of 68,580 TOP.

Average Annual Salary
45,200 TOP
Average Monthly Salary
3,766 TOP

Lowest Annual Salary
19,980 TOP
Lowest Monthly Salary
1,665 TOP

Highest Annual Salary
68,580 TOP
Highest Monthly Salary
5,715 TOP

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

Investment Advisor 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 Investment Advisor Salaries in Tonga

So we've looked at the average salaries an Investment Advisor will earn in Tonga. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Investment Advisor can earn between 19,980 TOP and 68,580 TOP on average in Tonga. 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 Investment Advisor in Tonga is 44,540 TOP. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 44,540 TOP, and 50% of the population earn more than 44,540 TOP.

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 Investment Advisor salary in Tonga, 25% of the population are earning less than 28,860 TOP while 75% of the population earn more than 28,860 TOP.

75% of the population earn less than 57,800 TOP, and 25% of the population earn more than 57,800 TOP.

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.

Investment Advisor Salary by Experience Level in Tonga

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 investment advisor 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 Investment Advisor in Tonga that has less than two years of experience can expect to earn somewhere in the region of 25,940 TOP.
  • 2 - 5 Years Experience. With two to five years of experience the average Investment Advisor salary would increase to 31,040 TOP.
  • 5 - 10 Years Experience. From five to ten years of experience as an Investment Advisor, the average salary would be 46,720 TOP.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 55,320 TOP.
  • 15 - 20 Years Experience. An Investment Advisor with 15 to 20 years of experience can earn an average of 61,180 TOP.
  • 20+ Years Experience. For an Investment Advisor with more than 20 years, the expected average salary increases to 64,640 TOP.

Average Salary by Experience Chart

0-2 Years
25,940 TOP
2-5 Years +29%
31,040 TOP
5-10 Years +38%
46,720 TOP
10-15 Years +24%
55,320 TOP
15-20 Years +7%
61,180 TOP
20+ Years +7%
64,640 TOP

Investment Advisor Salary by Education Level in Tonga

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 Investment Advisor in Tonga based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Certificate or Diploma. An Investment Advisor in Tonga with a certificate or diploma education can earn an average salary of 31,040 TOP.

  • Bachelor's Degree. An Investment Advisor in Tonga with a bachelor's degree education can earn an average salary of 43,520 TOP.

  • Master's Degree. An Investment Advisor in Tonga with a master's degree education can earn an average salary of 65,920 TOP.

Average Salary by Education Chart

Certificate or Diploma
31,040 TOP
Bachelor's Degree +34%
43,520 TOP
Master's Degree +53%
65,920 TOP

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 Tonga is around 9,110 to 27,300 TOP 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.

Investment Advisor 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 Tonga, a male investment advisor will earn an average of 43,800 TOP, while a female investment advisor will earn around 42,320 TOP.

This means that a male investment advisor earns approximately 3% more than a female investment advisor for performing the same job.

Average Salary by Gender Chart in Tonga

Male
43,800 TOP
Female -3%
42,320 TOP

Investment Advisor Average Pay Raise in Tonga

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 Investment Advisor in Tonga is around 10% every 29 months.

The national average pay raise across all professions and industries in Tonga 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 = ( 10 ÷ 29 ) × 12  = 4%

What this means is that an Investment Advisor in Tonga can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Tonga for 2024

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

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%

Investment Advisor Bonus and Incentive Rates in Tonga

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 Investment Advisor is a low bonus based job, with 40% of employees reporting at least one bonus in the last 12 months.

60% 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 3% to 6%.

Received Bonus
40%
No Bonus
60%

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 Tonga earn approximately 16% more than private sector employees in the same role.

Public Sector
22,660 TOP
Private Sector -16%
19,480 TOP

Salaries for Jobs Similar to an Investment Advisor

In the table below, we have salary information for jobs that are similar to an Investment Advisor in Tonga.

Job Title Category Salary
Account Examiner Accounting and Finance 12,620 TOP
Account Executive Accounting and Finance 19,020 TOP
Accountant Accounting and Finance 14,820 TOP
Accounting Analyst Accounting and Finance 18,280 TOP
Accounting Assistant Accounting and Finance 10,980 TOP
Accounting Associate Accounting and Finance 9,940 TOP
Accounting Clerk Accounting and Finance 8,100 TOP
Accounting Coordinator Accounting and Finance 14,920 TOP
Accounting Head Accounting and Finance 31,080 TOP
Accounting Manager Accounting and Finance 31,520 TOP
Accounting Officer Accounting and Finance 9,940 TOP
Accounting Specialist Accounting and Finance 23,520 TOP
Accounting Supervisor Accounting and Finance 21,380 TOP
Accounting Technician Accounting and Finance 12,300 TOP
Accounting Unit Controller Accounting and Finance 27,300 TOP
Accounts Executive Accounting and Finance 19,380 TOP
Accounts Officer Accounting and Finance 13,540 TOP
Accounts Payable and Receivable Specialist Accounting and Finance 17,620 TOP
Accounts Payable Assistant Accounting and Finance 13,060 TOP
Accounts Payable Associate Accounting and Finance 13,100 TOP
Accounts Payable Clerk Accounting and Finance 9,940 TOP
Accounts Payable Manager Accounting and Finance 32,620 TOP
Accounts Receivable Administrator Accounting and Finance 20,760 TOP
Accounts Receivable Clerk Accounting and Finance 12,200 TOP
Accounts Receivable Financial Analyst Accounting and Finance 22,420 TOP
Accounts Receivable Manager Accounting and Finance 33,120 TOP
Accounts Receivable Team Leader Accounting and Finance 22,340 TOP
Assistant Accountant Accounting and Finance 12,620 TOP
Assistant Accounting Manager Accounting and Finance 28,860 TOP
Assistant Auditor Accounting and Finance 14,820 TOP
Assistant Corporate Controller Accounting and Finance 21,560 TOP
Assistant Finance Manager Accounting and Finance 32,200 TOP
Assistant Financial Controller Accounting and Finance 21,400 TOP
Audit Director Accounting and Finance 36,020 TOP
Audit Supervisor Accounting and Finance 28,860 TOP
Auditing Clerk Accounting and Finance 13,540 TOP
Auditing Manager Accounting and Finance 32,900 TOP
Billing Clerk Accounting and Finance 13,660 TOP
Billing Coordinator Accounting and Finance 12,580 TOP
Billing Specialist Accounting and Finance 16,340 TOP
Billing Supervisor Accounting and Finance 22,660 TOP
Bookkeeper Accounting and Finance 11,300 TOP
Bookkeeping Specialist Accounting and Finance 14,660 TOP
Budget Analyst Accounting and Finance 26,500 TOP
Budget Manager Accounting and Finance 31,980 TOP
Business Support Analyst Accounting and Finance 17,860 TOP
Capital Markets Associate Accounting and Finance 24,840 TOP
Cash Flow Analyst Accounting and Finance 23,080 TOP
Cash Management Manager Accounting and Finance 31,040 TOP
Cash Management Officer Accounting and Finance 15,920 TOP
Cashbook Clerk Accounting and Finance 8,880 TOP
Chartered Accountant Accounting and Finance 20,500 TOP
Chief Accountant Accounting and Finance 24,820 TOP
Collections Clerk Accounting and Finance 9,140 TOP
Collections Representative Accounting and Finance 13,900 TOP
Collections Specialist Accounting and Finance 14,820 TOP
Corporate Controller Accounting and Finance 26,020 TOP
Corporate Treasurer Accounting and Finance 30,800 TOP
Cost Accountant Accounting and Finance 15,580 TOP
Cost Accounting Manager Accounting and Finance 31,380 TOP
Cost Accounting Supervisor Accounting and Finance 25,720 TOP
Cost Analyst Accounting and Finance 25,940 TOP
Credit and Collection Manager Accounting and Finance 33,120 TOP
Credit and Collection Staff Accounting and Finance 13,060 TOP
Credit and Loans Officer Accounting and Finance 13,660 TOP
Credit Controller Accounting and Finance 19,980 TOP
Credit Manager Accounting and Finance 33,520 TOP
Debt Adviser Accounting and Finance 25,680 TOP
Debt Collector Accounting and Finance 10,980 TOP
Debtors Clerk Accounting and Finance 12,840 TOP
Debtors Controller Accounting and Finance 9,940 TOP
Deputy CFO Accounting and Finance 43,760 TOP
Deputy Head of Finance Accounting and Finance 44,300 TOP
Derivative Trader Accounting and Finance 24,720 TOP
Director of Finance Accounting and Finance 48,820 TOP
Economist Accounting and Finance 39,960 TOP
Equity Analyst Accounting and Finance 27,560 TOP
Escrow Assistant Accounting and Finance 13,960 TOP
Executive Accountant Accounting and Finance 15,920 TOP
External Auditor Accounting and Finance 20,760 TOP
Finance Administrator Accounting and Finance 17,860 TOP
Finance Analyst Accounting and Finance 27,560 TOP
Finance Associate Accounting and Finance 14,540 TOP
Finance Director Accounting and Finance 48,340 TOP
Finance Executive Accounting and Finance 33,520 TOP
Finance Licensing Clerk Accounting and Finance 12,520 TOP
Finance Licensing Manager Accounting and Finance 29,160 TOP
Finance Licensing Specialist Accounting and Finance 18,780 TOP
Finance Manager Accounting and Finance 46,280 TOP
Finance Officer Accounting and Finance 15,580 TOP
Finance President Accounting and Finance 46,400 TOP
Finance Relationship Manager Accounting and Finance 38,260 TOP
Finance Release Analyst Accounting and Finance 16,140 TOP
Finance Specialist Accounting and Finance 26,500 TOP
Finance Team Leader Accounting and Finance 37,740 TOP
Financial Accountant Accounting and Finance 14,820 TOP
Financial Actuary Accounting and Finance 23,140 TOP
Financial Administrator Accounting and Finance 26,500 TOP
Financial Advisor Accounting and Finance 32,020 TOP
Financial Analyst Accounting and Finance 26,280 TOP
Financial Applications Specialist Accounting and Finance 21,540 TOP
Financial Assistant Accounting and Finance 13,900 TOP
Financial Associate Accounting and Finance 12,120 TOP
Financial Associate Accounting and Finance 14,840 TOP
Financial Claims Analyst Accounting and Finance 21,560 TOP
Financial Claims Manager Accounting and Finance 27,480 TOP
Financial Claims Supervisor Accounting and Finance 28,820 TOP
Financial Clerk Accounting and Finance 12,200 TOP
Financial Commercial Analyst Accounting and Finance 22,660 TOP
Financial Compliance Analyst Accounting and Finance 26,080 TOP
Financial Consultant Accounting and Finance 19,060 TOP
Financial Controller Accounting and Finance 27,040 TOP
Financial Controller Accounting and Finance 27,300 TOP
Financial Coordinator Accounting and Finance 12,240 TOP
Financial Customer Service Manager Accounting and Finance 29,540 TOP
Financial Dealer and Broker Accounting and Finance 18,260 TOP
Financial Director Accounting and Finance 45,260 TOP
Financial Encoder Accounting and Finance 14,620 TOP
Financial Manager Accounting and Finance 41,820 TOP
Financial Manager Accounting and Finance 42,320 TOP
Financial Operations Manager Accounting and Finance 40,240 TOP
Financial Policy Analyst Accounting and Finance 27,020 TOP
Financial Project Manager Accounting and Finance 34,080 TOP
Financial Quantitative Analyst Accounting and Finance 26,100 TOP
Financial Reporting Consultant Accounting and Finance 19,940 TOP
Financial Reporting Manager Accounting and Finance 29,600 TOP
Financial Section Head Accounting and Finance 31,660 TOP
Financial Services Manager Accounting and Finance 41,980 TOP
Financial Services Sales Agent Accounting and Finance 18,260 TOP
Fixed Assets Administrator Accounting and Finance 16,880 TOP
Forensic Accountant Accounting and Finance 20,300 TOP
Fraud Detection Supervisor Accounting and Finance 18,280 TOP
Fraud Prevention Manager Accounting and Finance 32,960 TOP
Fund Accountant Accounting and Finance 17,260 TOP
Grants Coordinator Accounting and Finance 12,200 TOP
Group Financial Manager Accounting and Finance 45,600 TOP
Internal Auditor Accounting and Finance 20,460 TOP
Internal Control Adviser Accounting and Finance 23,260 TOP
Internal Control Officer Accounting and Finance 12,000 TOP
International Tax Director Accounting and Finance 36,700 TOP
Inventory Accountant Accounting and Finance 15,300 TOP
Investment Analyst Accounting and Finance 28,860 TOP
Investment Associate Accounting and Finance 25,440 TOP
Investment Broker Accounting and Finance 24,200 TOP
Investment Fund Manager Accounting and Finance 35,000 TOP
Investment Operations Manager Accounting and Finance 35,300 TOP
Investment Underwriter Accounting and Finance 12,620 TOP
Investor Accounting and Finance 21,020 TOP
Investor Relations Manager Accounting and Finance 31,660 TOP
KYC Team Leader Accounting and Finance 31,960 TOP
Loan Processor Accounting and Finance 11,360 TOP
Management Accountant Accounting and Finance 18,780 TOP
Management Economist Accounting and Finance 34,360 TOP
Paymaster Accounting and Finance 11,360 TOP
Payroll Administrator Accounting and Finance 21,540 TOP
Payroll Benefits Coordinator Accounting and Finance 16,720 TOP
Payroll Billing Manager Accounting and Finance 29,840 TOP
Payroll Clerk Accounting and Finance 14,540 TOP
Payroll Manager Accounting and Finance 28,900 TOP
Payroll Officer Accounting and Finance 12,000 TOP
Payroll Specialist Accounting and Finance 15,300 TOP
Payroll Supervisor Accounting and Finance 21,100 TOP
Pensions Administrator Accounting and Finance 15,760 TOP
Personal Financial Advisor Accounting and Finance 25,220 TOP
Pricing Analyst Accounting and Finance 25,160 TOP
Private Equity Analyst Accounting and Finance 27,480 TOP
Project Accountant Accounting and Finance 18,780 TOP
Proposal Development Coordinator Accounting and Finance 14,540 TOP
Receivables Accountant Accounting and Finance 14,660 TOP
Regulatory Accountant Accounting and Finance 16,340 TOP
Retirement Plan Analyst Accounting and Finance 26,020 TOP
Revenue Management Specialist Accounting and Finance 25,160 TOP
Revenue Recognition Analyst Accounting and Finance 31,080 TOP
Risk Management Director Accounting and Finance 37,740 TOP
Risk Management Supervisor Accounting and Finance 32,620 TOP
Staff Accountant Accounting and Finance 17,020 TOP
Tax Accountant Accounting and Finance 12,580 TOP
Tax Administrator Accounting and Finance 18,260 TOP
Tax Advisor Accounting and Finance 23,660 TOP
Tax Analyst Accounting and Finance 23,140 TOP
Tax Associate Accounting and Finance 13,780 TOP
Tax Consultant Accounting and Finance 27,380 TOP
Tax Director Accounting and Finance 36,020 TOP
Tax Examiner Accounting and Finance 17,540 TOP
Tax Manager Accounting and Finance 32,900 TOP
Tax Research Manager Accounting and Finance 35,500 TOP
Teller Accounting and Finance 7,800 TOP
Treasury Accountant Accounting and Finance 18,260 TOP
Treasury Analyst Accounting and Finance 29,040 TOP
Underwriter Accounting and Finance 10,220 TOP
Underwriting Assistant Accounting and Finance 9,740 TOP
Vice President of Finance Accounting and Finance 44,180 TOP

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