Average Lease Administrator Salary in Palau for 2024

In this article, we will look at the average Lease Administrator salary for 2024 in Palau 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 a Lease Administrator Make in Palau?

A Lease Administrator working in Palau will typically earn around 35,520 USD per year, and this can range from the lowest average salary of about 16,880 USD to the highest average salary of 57,360 USD.

Average Annual Salary
35,520 USD
Average Monthly Salary
2,960 USD

Lowest Annual Salary
16,880 USD
Lowest Monthly Salary
1,406 USD

Highest Annual Salary
57,360 USD
Highest Monthly Salary
4,780 USD

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

Lease Administrator 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 Lease Administrator Salaries in Palau

So we've looked at the average salaries a Lease Administrator will earn in Palau. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Lease Administrator can earn between 16,880 USD and 57,360 USD on average in Palau. 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 Lease Administrator in Palau is 36,700 USD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 36,700 USD, and 50% of the population earn more than 36,700 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 Lease Administrator salary in Palau, 25% of the population are earning less than 23,140 USD while 75% of the population earn more than 23,140 USD.

75% of the population earn less than 49,200 USD, and 25% of the population earn more than 49,200 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.

Lease Administrator Salary by Experience Level in Palau

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 lease administrator 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 Lease Administrator in Palau that has less than two years of experience can expect to earn somewhere in the region of 19,640 USD.
  • 2 - 5 Years Experience. With two to five years of experience the average Lease Administrator salary would increase to 23,260 USD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Lease Administrator, the average salary would be 35,000 USD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 43,520 USD.
  • 15 - 20 Years Experience. A Lease Administrator with 15 to 20 years of experience can earn an average of 47,580 USD.
  • 20+ Years Experience. For a Lease Administrator with more than 20 years, the expected average salary increases to 51,340 USD.

Average Salary by Experience Chart

0-2 Years
19,640 USD
2-5 Years +34%
23,260 USD
5-10 Years +48%
35,000 USD
10-15 Years +22%
43,520 USD
15-20 Years +9%
47,580 USD
20+ Years +8%
51,340 USD

Lease Administrator Salary by Education Level in Palau

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 Lease Administrator in Palau 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 Lease Administrator in Palau with a high school education can earn an average salary of 21,380 USD.

  • Certificate or Diploma. A Lease Administrator in Palau with a certificate or diploma education can earn an average salary of 31,040 USD.

  • Bachelor's Degree. A Lease Administrator in Palau with a bachelor's degree education can earn an average salary of 53,320 USD.

Average Salary by Education Chart

High School
21,380 USD
Certificate or Diploma +57%
31,040 USD
Bachelor's Degree +68%
53,320 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 Palau is around 13,600 to 40,900 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.

Lease Administrator 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 Palau, a male lease administrator will earn an average of 39,640 USD, while a female lease administrator will earn around 33,120 USD.

This means that a male lease administrator earns approximately 20% more than a female lease administrator for performing the same job.

Average Salary by Gender Chart in Palau

Male
39,640 USD
Female -20%
33,120 USD

Lease Administrator Average Pay Raise in Palau

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 Lease Administrator in Palau is around 7% every 30 months.

The national average pay raise across all professions and industries in Palau 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 ÷ 30 ) × 12  = 3%

What this means is that a Lease Administrator in Palau can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Palau for 2024

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

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

Banking
3%
Energy
6%
Information Technology
9%
Healthcare
3%
Travel
6%
Construction
9%
Education
3%

Lease Administrator Bonus and Incentive Rates in Palau

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 Lease Administrator 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 Palau earn approximately 19% more than private sector employees in the same role.

Public Sector
37,200 USD
Private Sector -19%
31,380 USD

Salaries for Jobs Similar to a Lease Administrator

In the table below, we have salary information for jobs that are similar to a Lease Administrator in Palau.

Job Title Category Salary
Acquisition Associate Real Estate 26,780 USD
Assistant Leasing Manager Real Estate 34,960 USD
Assistant Property Manager Real Estate 36,160 USD
Brokerage Real Estate 26,100 USD
Brokerage Clerk Real Estate 12,580 USD
Commercial Leasing Manager Real Estate 56,880 USD
Commercial Real Estate Manager Real Estate 54,560 USD
Community Development Manager Real Estate 50,540 USD
Compliance Specialist Real Estate 27,040 USD
Development Coordinator Real Estate 23,700 USD
Director of Real Estate Real Estate 61,460 USD
Leasing Agent Real Estate 27,480 USD
Leasing Consultant Real Estate 34,980 USD
Leasing Manager Real Estate 39,160 USD
Lettings Assistant Real Estate 12,000 USD
Portfolio Analyst Real Estate 46,720 USD
Portfolio Manager Real Estate 59,940 USD
Property Acquisition Agent Real Estate 23,660 USD
Property and Claims Specialist Real Estate 32,620 USD
Property Manager Real Estate 38,700 USD
Property Operations Manager Real Estate 54,280 USD
Property Tax Assistant Real Estate 26,660 USD
Real Estate Administrator Real Estate 29,160 USD
Real Estate Agent Real Estate 26,500 USD
Real Estate Analyst Real Estate 34,540 USD
Real Estate Appraiser Real Estate 26,400 USD
Real Estate Appraiser Real Estate 28,180 USD
Real Estate Appraiser Real Estate 29,540 USD
Real Estate Assistant Real Estate 27,300 USD
Real Estate Association Manager Real Estate 37,800 USD
Real Estate Broker Real Estate 29,040 USD
Real Estate General Manager Real Estate 52,820 USD
Real Estate Project Director Real Estate 50,620 USD
Real Estate Project Manager Real Estate 45,720 USD
Real Estate Sales Agent Real Estate 28,720 USD
Real Estate Valuer Real Estate 27,020 USD
Research Analyst Real Estate 27,040 USD
Residential Advisor Real Estate 34,160 USD
Residential Property Manager Real Estate 38,140 USD
Shopping Center Manager Real Estate 56,460 USD
Town Planner Real Estate 58,520 USD

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