Average Market Segmentation Director Salary in Marshall Islands for 2024

In this article, we will look at the average Market Segmentation Director salary for 2024 in Marshall 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 United States dollar. To keep things simple, we are using the USD currency code instead of the currency symbol $.

How Much Does a Market Segmentation Director Make in Marshall Islands?

A Market Segmentation Director working in Marshall Islands will typically earn around 36,800 USD per year, and this can range from the lowest average salary of about 18,780 USD to the highest average salary of 57,900 USD.

Average Annual Salary
36,800 USD
Average Monthly Salary
3,066 USD

Lowest Annual Salary
18,780 USD
Lowest Monthly Salary
1,565 USD

Highest Annual Salary
57,900 USD
Highest Monthly Salary
4,825 USD

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

Market Segmentation 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 Market Segmentation Director Salaries in Marshall Islands

So we've looked at the average salaries a Market Segmentation Director will earn in Marshall Islands. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Market Segmentation Director can earn between 18,780 USD and 57,900 USD on average in Marshall 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 Market Segmentation Director in Marshall Islands is 35,420 USD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 35,420 USD, and 50% of the population earn more than 35,420 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 Market Segmentation Director salary in Marshall Islands, 25% of the population are earning less than 25,940 USD while 75% of the population earn more than 25,940 USD.

75% of the population earn less than 47,720 USD, and 25% of the population earn more than 47,720 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.

Market Segmentation Director Salary by Experience Level in Marshall 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 market segmentation 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 Market Segmentation Director in Marshall Islands that has less than two years of experience can expect to earn somewhere in the region of 21,640 USD.
  • 2 - 5 Years Experience. With two to five years of experience the average Market Segmentation Director salary would increase to 29,040 USD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Market Segmentation Director, the average salary would be 37,380 USD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 46,980 USD.
  • 15 - 20 Years Experience. A Market Segmentation Director with 15 to 20 years of experience can earn an average of 50,020 USD.
  • 20+ Years Experience. For a Market Segmentation Director with more than 20 years, the expected average salary increases to 53,380 USD.

Average Salary by Experience Chart

0-2 Years
21,640 USD
2-5 Years +29%
29,040 USD
5-10 Years +38%
37,380 USD
10-15 Years +24%
46,980 USD
15-20 Years +7%
50,020 USD
20+ Years +7%
53,380 USD

Market Segmentation Director Salary by Education Level in Marshall 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 Market Segmentation Director in Marshall Islands 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. A Market Segmentation Director in Marshall Islands with a certificate or diploma education can earn an average salary of 29,040 USD.

  • Bachelor's Degree. A Market Segmentation Director in Marshall Islands with a bachelor's degree education can earn an average salary of 36,020 USD.

  • Master's Degree. A Market Segmentation Director in Marshall Islands with a master's degree education can earn an average salary of 55,580 USD.

Average Salary by Education Chart

Certificate or Diploma
29,040 USD
Bachelor's Degree +34%
36,020 USD
Master's Degree +53%
55,580 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 Marshall Islands is around 11,300 to 33,800 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.

Market Segmentation 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 Marshall Islands, a male market segmentation director will earn an average of 38,060 USD, while a female market segmentation director will earn around 35,300 USD.

This means that a male market segmentation director earns approximately 8% more than a female market segmentation director for performing the same job.

Average Salary by Gender Chart in Marshall Islands

Male
38,060 USD
Female -8%
35,300 USD

Market Segmentation Director Average Pay Raise in Marshall 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 Market Segmentation Director in Marshall Islands is around 9% every 28 months.

The national average pay raise across all professions and industries in Marshall Islands 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 = ( 9 ÷ 28 ) × 12  = 4%

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

Annual Pay Raise by Industry in Marshall Islands for 2024

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

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

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

Market Segmentation Director Bonus and Incentive Rates in Marshall 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 Market Segmentation 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 9%.

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 Marshall Islands earn approximately 24% more than private sector employees in the same role.

Public Sector
29,320 USD
Private Sector -24%
23,700 USD

Salaries for Jobs Similar to a Market Segmentation Director

In the table below, we have salary information for jobs that are similar to a Market Segmentation Director in Marshall Islands.

Job Title Category Salary
Account Handler Marketing 20,000 USD
Affiliate Manager Marketing 27,020 USD
Analytics Specialist Marketing 22,540 USD
Assistant Brand Manager Marketing 32,200 USD
Assistant Product Manager Marketing 32,900 USD
Associate Marketing Manager Marketing 33,520 USD
Associate Product Manager Marketing 34,240 USD
Brand Ambassador Marketing 42,040 USD
Brand Director Marketing 50,240 USD
Brand Executive Marketing 43,800 USD
Brand Manager Marketing 46,280 USD
Business Analytics Specialist Marketing 20,940 USD
Business Channel Manager Marketing 31,940 USD
Business Intelligence Team Leader Marketing 31,180 USD
Campaign Specialist Marketing 28,820 USD
Chief Marketing Officer Marketing 45,580 USD
Chief Product Officer Marketing 47,540 USD
Communications Officer Marketing 14,660 USD
Content Manager Marketing 23,080 USD
Content Marketing Strategist Marketing 31,400 USD
Copy Editer Marketing 17,860 USD
Copy Writer Marketing 17,760 USD
Creative Marketing Lead Marketing 29,640 USD
Creative Writer Marketing 15,920 USD
Digital Marketer Marketing 26,080 USD
Digital Marketing Manager Marketing 35,340 USD
Digital Marketing Strategist Marketing 35,260 USD
Digital Media Specialist Marketing 34,980 USD
Director of Marketing Marketing 46,880 USD
Director of Research Marketing 34,280 USD
eMarketing Manager Marketing 42,040 USD
Event Marketing Marketing 37,380 USD
Head of Executive Search Marketing 45,560 USD
Key Affiliate Manager Marketing 35,340 USD
Localization Manager Marketing 33,520 USD
Market Development Executive Marketing 37,740 USD
Market Development Manager Marketing 37,380 USD
Market Research Analyst Marketing 32,200 USD
Market Research Manager Marketing 35,340 USD
Marketing Account Supervisor Marketing 29,320 USD
Marketing Administrator Marketing 22,400 USD
Marketing Advisor Marketing 29,040 USD
Marketing Analyst Marketing 26,280 USD
Marketing and Communications Officer Marketing 18,260 USD
Marketing and Sales Head Marketing 48,560 USD
Marketing Assistant Marketing 16,880 USD
Marketing Associate Marketing 15,880 USD
Marketing Communications Manager Marketing 35,500 USD
Marketing Consultant Marketing 35,260 USD
Marketing Coordinator Marketing 13,100 USD
Marketing Director Marketing 45,600 USD
Marketing Distribution Executive Marketing 36,720 USD
Marketing Executive Marketing 40,240 USD
Marketing Manager Marketing 51,100 USD
Marketing Officer Marketing 14,140 USD
Marketing Segment Manager Marketing 35,260 USD
Marketing Specialist Marketing 24,840 USD
Marketing Supervisor Marketing 26,280 USD
Marketing Vice President Marketing 39,800 USD
Marketing Writer Marketing 16,140 USD
Online Marketing Analyst Marketing 29,040 USD
Online Marketing Manager Marketing 31,180 USD
Optimization Manager Marketing 32,020 USD
Outbound Sales Marketing 23,520 USD
Outreach Coordinator Marketing 21,020 USD
Outreach Specialist Marketing 24,200 USD
Product Development Marketing 33,520 USD
Product Manager Marketing 39,960 USD
Product Marketing Engineer Marketing 19,980 USD
Product Marketing Executive Marketing 34,960 USD
Product Marketing Manager Marketing 38,680 USD
Product Researcher Marketing 18,940 USD
Product Strategist Marketing 27,620 USD
Product Strategy Researcher Marketing 28,820 USD
Product Training Specialist Marketing 24,800 USD
Project Manager Marketing 27,020 USD
Publications Coordinator Marketing 15,700 USD
Research Executive Marketing 33,980 USD
Sales and Marketing Assistant Marketing 14,200 USD
Sales and Marketing Coordinator Marketing 16,400 USD
Sales and Marketing Director Marketing 49,360 USD
Sales Director Marketing 45,260 USD
Sales Management Support Marketing 15,920 USD
Sales Manager Marketing 46,400 USD
Search Marketing Strategist Marketing 40,040 USD
Social Media Administrator Marketing 26,500 USD
Social Media Specialist Marketing 29,540 USD
Spaceman Analyst Marketing 15,880 USD
Sponsorship Consultant Marketing 25,680 USD
Team Leader Marketing 28,900 USD
Telemarketer Marketing 14,840 USD
Trade Marketing Executive Marketing 38,260 USD
Trade Marketing Manager Marketing 38,260 USD
Trade Marketing Professional Marketing 28,900 USD
Trade Marketing Specialist Marketing 23,380 USD
Web Analytics Manager Marketing 30,800 USD
Web Content Manager Marketing 32,020 USD

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