Average Logistic Executive Salary in Solomon Islands for 2024

In this article, we will look at the average Logistic Executive salary for 2024 in Solomon 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 Solomon Islands dollar. To keep things simple, we are using the SBD currency code instead of the currency symbol $.

How Much Does a Logistic Executive Make in Solomon Islands?

A Logistic Executive working in Solomon Islands will typically earn around 56,060 SBD per year, and this can range from the lowest average salary of about 26,860 SBD to the highest average salary of 82,520 SBD.

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

Logistic Executive 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 Logistic Executive Salaries in Solomon Islands

So we've looked at the average salaries a Logistic Executive will earn in Solomon Islands. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Logistic Executive can earn between 26,860 SBD and 82,520 SBD on average in Solomon 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 a Logistic Executive in Solomon Islands is 51,800 SBD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 51,800 SBD, and 50% of the population earn more than 51,800 SBD.

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 Logistic Executive salary in Solomon Islands, 25% of the population are earning less than 36,800 SBD while 75% of the population earn more than 36,800 SBD.

75% of the population earn less than 67,560 SBD, and 25% of the population earn more than 67,560 SBD.

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.

Logistic Executive Salary by Experience Level in Solomon 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 logistic executive 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 Logistic Executive in Solomon Islands that has less than two years of experience can expect to earn somewhere in the region of 31,520 SBD.
• 2 - 5 Years Experience. With two to five years of experience the average Logistic Executive salary would increase to 45,060 SBD.
• 5 - 10 Years Experience. From five to ten years of experience as a Logistic Executive, the average salary would be 58,440 SBD.
• 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 67,120 SBD.
• 15 - 20 Years Experience. A Logistic Executive with 15 to 20 years of experience can earn an average of 75,500 SBD.
• 20+ Years Experience. For a Logistic Executive with more than 20 years, the expected average salary increases to 78,940 SBD.

Average Salary by Experience Chart

Logistic Executive Salary by Education Level in Solomon 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 a Logistic Executive in Solomon 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. A Logistic Executive in Solomon Islands with a high school education can earn an average salary of 40,420 SBD.

• Certificate or Diploma. A Logistic Executive in Solomon Islands with a certificate or diploma education can earn an average salary of 44,540 SBD.

• Bachelor's Degree. A Logistic Executive in Solomon Islands with a bachelor's degree education can earn an average salary of 63,500 SBD.

• Master's Degree. A Logistic Executive in Solomon Islands with a master's degree education can earn an average salary of 77,620 SBD.

Average Salary by Education Chart

Logistic Executive 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 Solomon Islands, a male logistic executive will earn an average of 59,480 SBD, while a female logistic executive will earn around 51,120 SBD.

This means that a male logistic executive earns approximately 16% more than a female logistic executive for performing the same job.

Average Salary by Gender Chart in Solomon Islands

Logistic Executive Average Pay Raise in Solomon 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 a Logistic Executive in Solomon Islands is around 5% every 30 months.

The national average pay raise across all professions and industries in Solomon Islands 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 = ( 5 ÷ 30 ) × 12  = 2%

What this means is that a Logistic Executive in Solomon Islands can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Solomon Islands for 2024

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

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

Logistic Executive Bonus and Incentive Rates in Solomon 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.

A Logistic Executive is a low bonus based job, with 35% of employees reporting at least one bonus in the last 12 months.

65% 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 5%.

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 Solomon Islands earn approximately 9% more than private sector employees in the same role.

Salaries for Jobs Similar to a Logistic Executive

In the table below, we have salary information for jobs that are similar to a Logistic Executive in Solomon Islands.

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