Average Pharmaceutical Research Associate Salary in Cook Islands for 2024

In this article, we will look at the average Pharmaceutical Research Associate salary for 2024 in Cook 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 New Zealand dollar. To keep things simple, we are using the NZD currency code instead of the currency symbol $.

How Much Does a Pharmaceutical Research Associate Make in Cook Islands?

A Pharmaceutical Research Associate working in Cook Islands will typically earn around 77,060 NZD per year, and this can range from the lowest average salary of about 38,260 NZD to the highest average salary of 119,500 NZD.

Average Annual Salary
77,060 NZD
Average Monthly Salary
6,421 NZD

Lowest Annual Salary
38,260 NZD
Lowest Monthly Salary
3,188 NZD

Highest Annual Salary
119,500 NZD
Highest Monthly Salary
9,958 NZD

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

Pharmaceutical Research Associate 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 Pharmaceutical Research Associate Salaries in Cook Islands

So we've looked at the average salaries a Pharmaceutical Research Associate will earn in Cook Islands. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Pharmaceutical Research Associate can earn between 38,260 NZD and 119,500 NZD on average in Cook 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 Pharmaceutical Research Associate in Cook Islands is 78,420 NZD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 78,420 NZD, and 50% of the population earn more than 78,420 NZD.

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 Pharmaceutical Research Associate salary in Cook Islands, 25% of the population are earning less than 52,540 NZD while 75% of the population earn more than 52,540 NZD.

75% of the population earn less than 98,540 NZD, and 25% of the population earn more than 98,540 NZD.

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.

Pharmaceutical Research Associate Salary by Experience Level in Cook 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 pharmaceutical research associate 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 Pharmaceutical Research Associate in Cook Islands that has less than two years of experience can expect to earn somewhere in the region of 45,200 NZD.
  • 2 - 5 Years Experience. With two to five years of experience the average Pharmaceutical Research Associate salary would increase to 55,580 NZD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Pharmaceutical Research Associate, the average salary would be 79,360 NZD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 97,640 NZD.
  • 15 - 20 Years Experience. A Pharmaceutical Research Associate with 15 to 20 years of experience can earn an average of 101,980 NZD.
  • 20+ Years Experience. For a Pharmaceutical Research Associate with more than 20 years, the expected average salary increases to 108,340 NZD.

Average Salary by Experience Chart

0-2 Years
45,200 NZD
2-5 Years +29%
55,580 NZD
5-10 Years +38%
79,360 NZD
10-15 Years +24%
97,640 NZD
15-20 Years +7%
101,980 NZD
20+ Years +7%
108,340 NZD

Pharmaceutical Research Associate Salary by Education Level in Cook 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 Pharmaceutical Research Associate in Cook Islands based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. A Pharmaceutical Research Associate in Cook Islands with a bachelor's degree education can earn an average salary of 53,320 NZD.

  • Master's Degree. A Pharmaceutical Research Associate in Cook Islands with a master's degree education can earn an average salary of 86,640 NZD.

Average Salary by Education Chart

Bachelor's Degree
53,320 NZD
Master's Degree +60%
86,640 NZD

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 Cook Islands is around 23,500 to 70,600 NZD 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.

Pharmaceutical Research Associate 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 Cook Islands, a male pharmaceutical research associate will earn an average of 77,100 NZD, while a female pharmaceutical research associate will earn around 69,260 NZD.

This means that a male pharmaceutical research associate earns approximately 11% more than a female pharmaceutical research associate for performing the same job.

Average Salary by Gender Chart in Cook Islands

Male
77,100 NZD
Female -11%
69,260 NZD

Pharmaceutical Research Associate Average Pay Raise in Cook 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 Pharmaceutical Research Associate in Cook Islands is around 7% every 30 months.

The national average pay raise across all professions and industries in Cook 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 = ( 7 ÷ 30 ) × 12  = 3%

What this means is that a Pharmaceutical Research Associate in Cook Islands can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Cook Islands for 2024

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

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

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

Pharmaceutical Research Associate Bonus and Incentive Rates in Cook 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 Pharmaceutical Research Associate is a low bonus based job, with 39% of employees reporting at least one bonus in the last 12 months.

61% 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 6%.

Received Bonus
39%
No Bonus
61%

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 Cook Islands earn approximately 15% more than private sector employees in the same role.

Public Sector
58,000 NZD
Private Sector -15%
50,560 NZD

Salaries for Jobs Similar to a Pharmaceutical Research Associate

In the table below, we have salary information for jobs that are similar to a Pharmaceutical Research Associate in Cook Islands.

Job Title Category Salary
Assistant Pharmacist Pharmaceutical and Biotechnology 47,540 NZD
Assistant Pharmacy Director Pharmaceutical and Biotechnology 87,520 NZD
Associate Medical Affairs Director Pharmaceutical and Biotechnology 123,400 NZD
Bioinformatics Scientist Pharmaceutical and Biotechnology 109,000 NZD
Bioinformatics Technician Pharmaceutical and Biotechnology 53,600 NZD
Biological Scientist Pharmaceutical and Biotechnology 117,520 NZD
Biological Technician Pharmaceutical and Biotechnology 50,620 NZD
Biomedical Engineer Pharmaceutical and Biotechnology 50,580 NZD
Biomedical Engineering Director Pharmaceutical and Biotechnology 89,340 NZD
Biostatistician Pharmaceutical and Biotechnology 76,280 NZD
Biotechnologist Pharmaceutical and Biotechnology 77,060 NZD
Biotechnology Lead Data Manager Pharmaceutical and Biotechnology 59,480 NZD
Chemical Process Technician Pharmaceutical and Biotechnology 53,840 NZD
Clinical Consultant Pharmaceutical and Biotechnology 70,700 NZD
Clinical Data Manager Pharmaceutical and Biotechnology 72,120 NZD
Clinical Data Specialist Pharmaceutical and Biotechnology 70,940 NZD
Clinical Informatics Specialist Pharmaceutical and Biotechnology 55,580 NZD
Clinical Operations Manager Pharmaceutical and Biotechnology 104,600 NZD
Clinical Pharmacist Pharmaceutical and Biotechnology 69,040 NZD
Clinical Pharmacy Specialist Pharmaceutical and Biotechnology 84,780 NZD
Clinical Programmer Pharmaceutical and Biotechnology 36,700 NZD
Clinical Project Manager Pharmaceutical and Biotechnology 70,940 NZD
Clinical Research Associate Pharmaceutical and Biotechnology 66,480 NZD
Clinical Research Manager Pharmaceutical and Biotechnology 97,880 NZD
Clinical Study Manager Pharmaceutical and Biotechnology 94,900 NZD
Compliance Specialist Pharmaceutical and Biotechnology 74,540 NZD
Cytology Laboratory Technologist Pharmaceutical and Biotechnology 55,820 NZD
Cytotechnologist Pharmaceutical and Biotechnology 58,720 NZD
GCP Auditor Pharmaceutical and Biotechnology 65,800 NZD
Hospital Pharmacy Technician Pharmaceutical and Biotechnology 55,320 NZD
Manufacturing Engineer Pharmaceutical and Biotechnology 59,660 NZD
Medical Affairs Director Pharmaceutical and Biotechnology 114,900 NZD
Medical Representative Pharmaceutical and Biotechnology 50,580 NZD
Medical Science Liaison Pharmaceutical and Biotechnology 78,940 NZD
Molecular and Cellular Biologist Pharmaceutical and Biotechnology 115,400 NZD
Nuclear Pharmacist Pharmaceutical and Biotechnology 79,280 NZD
Pharmaceutical Manager Pharmaceutical and Biotechnology 127,700 NZD
Pharmaceutical Manufacturing Lead Pharmaceutical and Biotechnology 137,400 NZD
Pharmaceutical Operations Excellence Manager Pharmaceutical and Biotechnology 118,520 NZD
Pharmaceutical Process Engineer Pharmaceutical and Biotechnology 67,300 NZD
Pharmaceutical Production Assistant Manager Pharmaceutical and Biotechnology 83,420 NZD
Pharmaceutical Project Manager Pharmaceutical and Biotechnology 79,360 NZD
Pharmaceutical Quality Auditor Pharmaceutical and Biotechnology 80,280 NZD
Pharmaceutical Regulatory Affairs Assistant Pharmaceutical and Biotechnology 59,380 NZD
Pharmaceutical Regulatory Affairs Manager Pharmaceutical and Biotechnology 81,180 NZD
Pharmaceutical Regulatory Affairs Specialist Pharmaceutical and Biotechnology 62,860 NZD
Pharmaceutical Representative Pharmaceutical and Biotechnology 48,820 NZD
Pharmaceutical Research Scientist Pharmaceutical and Biotechnology 106,160 NZD
Pharmaceutical Researcher Pharmaceutical and Biotechnology 108,120 NZD
Pharmaceutical Sales and Marketing Manager Pharmaceutical and Biotechnology 85,940 NZD
Pharmaceutical Sales Manager Pharmaceutical and Biotechnology 104,920 NZD
Pharmaceutical Sales Representative Pharmaceutical and Biotechnology 48,820 NZD
Pharmaceutical Supply Chain Manager Pharmaceutical and Biotechnology 112,600 NZD
Pharmaceutical Team Leader Pharmaceutical and Biotechnology 81,960 NZD
Pharmaceutical Technologist Pharmaceutical and Biotechnology 54,280 NZD
Pharmacist Pharmaceutical and Biotechnology 69,720 NZD
Pharmacy Aide Pharmaceutical and Biotechnology 48,820 NZD
Pharmacy Manager Pharmaceutical and Biotechnology 106,740 NZD
Pharmacy Stock Controller Pharmaceutical and Biotechnology 41,820 NZD
Pharmacy Technician Pharmaceutical and Biotechnology 41,660 NZD
Records Management Coordinator Pharmaceutical and Biotechnology 39,960 NZD
Shift Encapsulator Pharmaceutical and Biotechnology 40,600 NZD
Staff Pharmacist Pharmaceutical and Biotechnology 70,600 NZD

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