Average Managing Director Salary in Kiribati for 2024

In this article, we will look at the average Managing Director salary for 2024 in Kiribati 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 Australian dollar. To keep things simple, we are using the AUD currency code instead of the currency symbol $.

How Much Does a Managing Director Make in Kiribati?

A Managing Director working in Kiribati will typically earn around 89,280 AUD per year, and this can range from the lowest average salary of about 45,580 AUD to the highest average salary of 139,100 AUD.

Average Annual Salary
89,280 AUD
Average Monthly Salary
7,440 AUD

Lowest Annual Salary
45,580 AUD
Lowest Monthly Salary
3,798 AUD

Highest Annual Salary
139,100 AUD
Highest Monthly Salary
11,591 AUD

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

Managing Director 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 Managing Director Salaries in Kiribati

So we've looked at the average salaries a Managing Director will earn in Kiribati. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Managing Director can earn between 45,580 AUD and 139,100 AUD on average in Kiribati. 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 Managing Director in Kiribati is 89,280 AUD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 89,280 AUD, and 50% of the population earn more than 89,280 AUD.

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 Managing Director salary in Kiribati, 25% of the population are earning less than 61,180 AUD while 75% of the population earn more than 61,180 AUD.

75% of the population earn less than 114,940 AUD, and 25% of the population earn more than 114,940 AUD.

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.

Managing Director Salary by Experience Level in Kiribati

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 managing director 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 Managing Director in Kiribati that has less than two years of experience can expect to earn somewhere in the region of 53,660 AUD.
  • 2 - 5 Years Experience. With two to five years of experience the average Managing Director salary would increase to 69,040 AUD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Managing Director, the average salary would be 92,680 AUD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 112,620 AUD.
  • 15 - 20 Years Experience. A Managing Director with 15 to 20 years of experience can earn an average of 119,900 AUD.
  • 20+ Years Experience. For a Managing Director with more than 20 years, the expected average salary increases to 128,500 AUD.

Average Salary by Experience Chart

0-2 Years
53,660 AUD
2-5 Years +32%
69,040 AUD
5-10 Years +34%
92,680 AUD
10-15 Years +19%
112,620 AUD
15-20 Years +8%
119,900 AUD
20+ Years +7%
128,500 AUD

Managing Director Salary by Education Level in Kiribati

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 Managing Director in Kiribati 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 Managing Director in Kiribati with a high school education can earn an average salary of 67,020 AUD.

  • Certificate or Diploma. A Managing Director in Kiribati with a certificate or diploma education can earn an average salary of 74,560 AUD.

  • Bachelor's Degree. A Managing Director in Kiribati with a bachelor's degree education can earn an average salary of 102,160 AUD.

  • Master's Degree. A Managing Director in Kiribati with a master's degree education can earn an average salary of 128,500 AUD.

Average Salary by Education Chart

High School
67,020 AUD
Certificate or Diploma +14%
74,560 AUD
Bachelor's Degree +36%
102,160 AUD
Master's Degree +26%
128,500 AUD

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 Kiribati is around 19,400 to 58,200 AUD 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.

Managing Director 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 Kiribati, a male managing director will earn an average of 91,580 AUD, while a female managing director will earn around 86,760 AUD.

This means that a male managing director earns approximately 6% more than a female managing director for performing the same job.

Average Salary by Gender Chart in Kiribati

Male
91,580 AUD
Female -6%
86,760 AUD

Managing Director Average Pay Raise in Kiribati

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 Managing Director in Kiribati is around 10% every 28 months.

The national average pay raise across all professions and industries in Kiribati 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 ÷ 28 ) × 12  = 4%

What this means is that a Managing Director in Kiribati can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Kiribati for 2024

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

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

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Managing Director Bonus and Incentive Rates in Kiribati

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 Managing Director is a moderate bonus based job, with 64% of employees reporting at least one bonus in the last 12 months.

36% 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 8%.

Received Bonus
64%
No Bonus
36%

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 Kiribati earn approximately 21% more than private sector employees in the same role.

Public Sector
52,540 AUD
Private Sector -21%
43,360 AUD

Salaries for Jobs Similar to a Managing Director

In the table below, we have salary information for jobs that are similar to a Managing Director in Kiribati.

Job Title Category Salary
Account Coordinator Executive and Management 47,540 AUD
Account Director Executive and Management 56,100 AUD
Account Executive Executive and Management 52,380 AUD
Account Manager Executive and Management 50,240 AUD
Administration Manager Executive and Management 56,140 AUD
Administration Officer Executive and Management 28,680 AUD
Administration Supervisor Executive and Management 43,220 AUD
Administrative Clerk Executive and Management 19,980 AUD
Administrative Officer Executive and Management 19,060 AUD
Area Director Executive and Management 51,080 AUD
Area Manager Executive and Management 50,560 AUD
Asset Protection Associate Executive and Management 57,900 AUD
Assistant Director Executive and Management 54,500 AUD
Assistant General Manager Executive and Management 55,320 AUD
Assistant Manager Executive and Management 56,460 AUD
Assistant Managing Director Executive and Management 68,060 AUD
Assistant Operations Manager Executive and Management 63,040 AUD
Assistant Project Manager Executive and Management 54,460 AUD
Assistant Section Head Executive and Management 45,620 AUD
Assistant to CEO Executive and Management 52,300 AUD
Assistant Vice President Executive and Management 59,380 AUD
Associate Account Director Executive and Management 55,220 AUD
Associate Director Executive and Management 59,940 AUD
Bid Manager Executive and Management 60,600 AUD
Branch Manager Executive and Management 64,180 AUD
Business Development Manager Executive and Management 66,840 AUD
Business Operations Associate Executive and Management 57,900 AUD
Business Operations Lead Executive and Management 57,820 AUD
Campaign Manager Executive and Management 63,480 AUD
Catering Coordinator Executive and Management 35,340 AUD
Catering Manager Executive and Management 54,140 AUD
CEO Executive and Management 107,820 AUD
Chairman of The Board Executive and Management 101,960 AUD
Chairman Office Manager Executive and Management 69,580 AUD
Chief Commercial Officer Executive and Management 78,160 AUD
Chief Corporate Officer Executive and Management 87,880 AUD
Chief Executive Officer Executive and Management 103,840 AUD
Chief Financial Officer Executive and Management 102,020 AUD
Chief Investment Officer Executive and Management 78,120 AUD
Chief of Staff Executive and Management 49,820 AUD
Chief Operating Officer Executive and Management 77,100 AUD
Chief Risk Officer Executive and Management 67,900 AUD
Client Account Manager Executive and Management 61,780 AUD
Client Accounts Officer Executive and Management 53,660 AUD
Client Services Manager Executive and Management 66,840 AUD
Commercial Director Executive and Management 74,560 AUD
Commercial Manager Executive and Management 64,040 AUD
Commercial Project Manager Executive and Management 58,520 AUD
Commodity Broker Executive and Management 43,340 AUD
COO Executive and Management 83,020 AUD
Corporate Affairs Executive Executive and Management 66,100 AUD
Corporate Compliance Director Executive and Management 69,580 AUD
Corporate Director Executive and Management 74,620 AUD
Corporate Officer Executive and Management 50,240 AUD
Corporate Partnerships Officer Executive and Management 48,760 AUD
Country Manager Executive and Management 83,400 AUD
Department Head Executive and Management 66,960 AUD
Department Manager Executive and Management 63,500 AUD
Department Supervisor Executive and Management 56,880 AUD
Deputy Director Executive and Management 75,980 AUD
Deputy Manager Executive and Management 72,260 AUD
Director Executive and Management 79,000 AUD
Director of Accreditation Executive and Management 73,820 AUD
Director of Catering Services Executive and Management 64,620 AUD
Director of Client Services Executive and Management 69,060 AUD
Director of Facilities Management Executive and Management 60,920 AUD
Director of Operations Executive and Management 73,820 AUD
Director of Process Simplification Executive and Management 55,140 AUD
Director of Product Management Executive and Management 72,260 AUD
Director of Project Management Executive and Management 75,980 AUD
Director of Revenue Management Executive and Management 66,480 AUD
Director of Training and Development Executive and Management 66,100 AUD
Distribution Manager Executive and Management 72,420 AUD
Division Manager Executive and Management 63,480 AUD
Duty Manager Executive and Management 60,160 AUD
Engagement Manager Executive and Management 78,620 AUD
Executive Director Executive and Management 105,620 AUD
Executive Manager Executive and Management 87,020 AUD
Franchise Manager Executive and Management 90,660 AUD
General Manager Executive and Management 82,520 AUD
Global Master Data Manager Executive and Management 72,380 AUD
Global Technical Lead Executive and Management 50,020 AUD
Head of Investment Executive and Management 74,620 AUD
Head of Middle Office Executive and Management 67,560 AUD
Head of Projects Executive and Management 74,060 AUD
Head of Strategy Executive and Management 85,020 AUD
Head of Supply Chain Executive and Management 64,040 AUD
Head of Sustainability Executive and Management 60,400 AUD
Housing Manager Executive and Management 56,140 AUD
HSE Manager Executive and Management 59,480 AUD
Key Account Manager Executive and Management 60,340 AUD
Knowledge Manager Executive and Management 68,320 AUD
Location Manager Executive and Management 66,840 AUD
Logistics Executive Executive and Management 55,220 AUD
Logistics Manager Executive and Management 54,700 AUD
Management Consultant Executive and Management 59,240 AUD
Management Executive Executive and Management 73,800 AUD
Manager Executive and Management 68,400 AUD
MIS Executive Executive and Management 72,120 AUD
Ocean Services Manager Executive and Management 74,620 AUD
Operational Manager Executive and Management 74,620 AUD
Operations Analyst Executive and Management 64,040 AUD
Operations Assistant Executive and Management 53,660 AUD
Operations Director Executive and Management 82,520 AUD
Operations Executive Executive and Management 80,480 AUD
Operations Manager Executive and Management 79,600 AUD
Operations Supervisor Executive and Management 66,260 AUD
Planning Director Executive and Management 78,480 AUD
PMO Manager Executive and Management 71,020 AUD
Policy Administration Executive Executive and Management 58,000 AUD
Private Sector Executive Executive and Management 65,940 AUD
Product Development Manager Executive and Management 73,760 AUD
Product Executive Executive and Management 63,320 AUD
Production Executive Executive and Management 68,400 AUD
Production Manager Executive and Management 75,220 AUD
Production Supervisor Executive and Management 62,460 AUD
Program Director Executive and Management 76,280 AUD
Program Manager Executive and Management 70,880 AUD
Programme Coordinator Executive and Management 53,120 AUD
Project Control Manager Executive and Management 75,280 AUD
Project Coordinator Executive and Management 45,060 AUD
Project Management Officer Executive and Management 52,380 AUD
Project Manager Executive and Management 50,560 AUD
Project Portfolio Manager Executive and Management 58,440 AUD
Quality Manager Executive and Management 58,440 AUD
R/D Director Executive and Management 67,900 AUD
Regional Director Executive and Management 96,560 AUD
Regional Manager Executive and Management 72,380 AUD
Relationship Manager Executive and Management 72,780 AUD
Retail District Manager Executive and Management 50,560 AUD
Revenue Manager Executive and Management 58,440 AUD
Risk and Capital Manager Executive and Management 79,280 AUD
Risk Officer Executive and Management 51,800 AUD
Safety Manager Executive and Management 55,840 AUD
Section Head Executive and Management 55,820 AUD
Service Manager Executive and Management 61,400 AUD
Shift Supervisor Executive and Management 44,800 AUD
Solutions Manager Executive and Management 52,180 AUD
Supervisor Executive and Management 46,280 AUD
Supply Chain Manager Executive and Management 80,580 AUD
Surveyor Executive and Management 47,720 AUD
Technical Director Executive and Management 64,620 AUD
Technical Manager Executive and Management 69,060 AUD
Territory Manager Executive and Management 67,300 AUD
Validation Manager Executive and Management 58,720 AUD
Vice President Executive and Management 88,020 AUD
Zone Manager Executive and Management 79,120 AUD

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