Average Manager Salary in Solomon Islands for 2024

In this article, we will look at the average Manager 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 Manager Make in Solomon Islands?

A Manager working in Solomon Islands will typically earn around 119,500 SBD per year, and this can range from the lowest average salary of about 55,220 SBD to the highest average salary of 187,300 SBD.

Average Annual Salary
119,500 SBD
Average Monthly Salary
9,958 SBD

Lowest Annual Salary
55,220 SBD
Lowest Monthly Salary
4,601 SBD

Highest Annual Salary
187,300 SBD
Highest Monthly Salary
15,608 SBD

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

Manager 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 Manager Salaries in Solomon Islands

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

Salary ranges

We already know that a Manager can earn between 55,220 SBD and 187,300 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 Manager in Solomon Islands is 125,700 SBD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 125,700 SBD, and 50% of the population earn more than 125,700 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 Manager salary in Solomon Islands, 25% of the population are earning less than 81,880 SBD while 75% of the population earn more than 81,880 SBD.

75% of the population earn less than 169,000 SBD, and 25% of the population earn more than 169,000 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.

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.

Manager 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 manager 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 Manager in Solomon Islands that has less than two years of experience can expect to earn somewhere in the region of 60,840 SBD.
  • 2 - 5 Years Experience. With two to five years of experience the average Manager salary would increase to 82,160 SBD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Manager, the average salary would be 119,900 SBD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 148,300 SBD.
  • 15 - 20 Years Experience. A Manager with 15 to 20 years of experience can earn an average of 159,500 SBD.
  • 20+ Years Experience. For a Manager with more than 20 years, the expected average salary increases to 172,200 SBD.

Average Salary by Experience Chart

0-2 Years
60,840 SBD
2-5 Years +34%
82,160 SBD
5-10 Years +48%
119,900 SBD
10-15 Years +22%
148,300 SBD
15-20 Years +9%
159,500 SBD
20+ Years +8%
172,200 SBD

Manager 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 Manager 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 Manager in Solomon Islands with a high school education can earn an average salary of 77,060 SBD.

  • Certificate or Diploma. A Manager in Solomon Islands with a certificate or diploma education can earn an average salary of 89,280 SBD.

  • Bachelor's Degree. A Manager in Solomon Islands with a bachelor's degree education can earn an average salary of 129,000 SBD.

  • Master's Degree. A Manager in Solomon Islands with a master's degree education can earn an average salary of 167,100 SBD.

Average Salary by Education Chart

High School
77,060 SBD
Certificate or Diploma +18%
89,280 SBD
Bachelor's Degree +45%
129,000 SBD
Master's Degree +31%
167,100 SBD

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 Solomon Islands is around 31,700 to 95,200 SBD 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.

Manager 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 manager will earn an average of 127,700 SBD, while a female manager will earn around 110,340 SBD.

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

Average Salary by Gender Chart in Solomon Islands

Male
127,700 SBD
Female -16%
110,340 SBD

Manager 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 Manager in Solomon Islands is around 9% every 29 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 = ( 9 ÷ 29 ) × 12  = 4%

What this means is that a Manager in Solomon Islands can expect to receive an average pay raise of around 4% 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.

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Manager 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 Manager is a moderate bonus based job, with 67% of employees reporting at least one bonus in the last 12 months.

33% 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 5% to 9%.

Received Bonus
67%
No Bonus
33%

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

Public Sector
78,400 SBD
Private Sector -9%
72,120 SBD

Salaries for Jobs Similar to a Manager

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

Job Title Category Salary
Assistant Business Development Manager Business Planning 95,980 SBD
Assistant Merchandise Planner Business Planning 60,400 SBD
Business Advisor Business Planning 91,520 SBD
Business Analyst Business Planning 93,120 SBD
Business Consultant Business Planning 88,020 SBD
Business Continuity Associate Business Planning 54,460 SBD
Business Developer Business Planning 55,320 SBD
Business Development Analyst Business Planning 66,120 SBD
Business Development Associate Business Planning 46,160 SBD
Business Development Coordinator Business Planning 51,080 SBD
Business Development Director Business Planning 130,400 SBD
Business Development Engineer Business Planning 75,040 SBD
Business Development Executive Business Planning 96,600 SBD
Business Development Manager Business Planning 114,820 SBD
Business Development Specialist Business Planning 80,500 SBD
Business Manager Business Planning 107,580 SBD
Business Operations Specialist Business Planning 88,580 SBD
Business Process Writer Business Planning 49,200 SBD
Business Systems Analyst Business Planning 89,960 SBD
Capacity Planner Business Planning 64,300 SBD
Capacity Planning Supervisor Business Planning 86,460 SBD
Change Communications Analyst Business Planning 80,800 SBD
Change Control Analyst Business Planning 80,280 SBD
Change Impact Analyst Business Planning 83,400 SBD
Contracts Executive Business Planning 86,640 SBD
Corporate Strategy Analyst Business Planning 91,520 SBD
Cost Control Engineer Business Planning 57,080 SBD
Cost Controller Business Planning 66,020 SBD
Cost Estimator Business Planning 58,860 SBD
Data Executive Business Planning 45,580 SBD
Data Manager Business Planning 67,020 SBD
Data Processing Manager Business Planning 83,300 SBD
Development Researcher Business Planning 64,920 SBD
Director of Business Development Business Planning 127,700 SBD
Director of Production Planning Business Planning 106,960 SBD
Due Diligence Analyst Business Planning 91,380 SBD
Estimating Manager Business Planning 95,980 SBD
General Manager Business Planning 113,220 SBD
Incident Handler Business Planning 64,040 SBD
Incident Specialist Business Planning 78,420 SBD
Lean Consultant Business Planning 69,780 SBD
Marketing and Business Development Manager Business Planning 104,140 SBD
Materials Planner Business Planning 40,560 SBD
Merchandise Assistant Business Planning 40,420 SBD
Merchandise Controller Business Planning 40,420 SBD
Merchandise Planner Business Planning 40,560 SBD
Operations Analyst Business Planning 85,940 SBD
Operations Manager Business Planning 92,300 SBD
Operations Research Analyst Business Planning 53,380 SBD
Planning and Reporting Manager Business Planning 97,900 SBD
Planning Director Business Planning 118,260 SBD
Project Administrator Business Planning 61,180 SBD
Project Manager Business Planning 91,960 SBD
Project Planner Business Planning 58,440 SBD
Research Assistant Business Planning 48,560 SBD
Research Engineer Business Planning 59,240 SBD
Research Officer Business Planning 47,180 SBD
Risk Management Specialist Business Planning 82,520 SBD
Scholarship Coordinator Business Planning 42,320 SBD
Store Planner Business Planning 42,320 SBD
Strategy Director Business Planning 123,400 SBD
Top Research and Development Executive Business Planning 128,900 SBD

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