Average Photo Retoucher Salary in Micronesia for 2024

In this article, we will look at the average Photo Retoucher salary for 2024 in Micronesia 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 Photo Retoucher Make in Micronesia?

A Photo Retoucher working in Micronesia will typically earn around 12,840 USD per year, and this can range from the lowest average salary of about 6,700 USD to the highest average salary of 17,560 USD.

Average Annual Salary
12,840 USD
Average Monthly Salary
1,070 USD

Lowest Annual Salary
6,700 USD
Lowest Monthly Salary
558 USD

Highest Annual Salary
17,560 USD
Highest Monthly Salary
1,463 USD

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

Photo Retoucher 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 Photo Retoucher Salaries in Micronesia

So we've looked at the average salaries a Photo Retoucher will earn in Micronesia. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Photo Retoucher can earn between 6,700 USD and 17,560 USD on average in Micronesia. 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 Photo Retoucher in Micronesia is 10,080 USD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 10,080 USD, and 50% of the population earn more than 10,080 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 Photo Retoucher salary in Micronesia, 25% of the population are earning less than 7,040 USD while 75% of the population earn more than 7,040 USD.

75% of the population earn less than 14,920 USD, and 25% of the population earn more than 14,920 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.

Photo Retoucher Salary by Experience Level in Micronesia

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 photo retoucher 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 Photo Retoucher in Micronesia that has less than two years of experience can expect to earn somewhere in the region of 6,960 USD.
  • 2 - 5 Years Experience. With two to five years of experience the average Photo Retoucher salary would increase to 8,780 USD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Photo Retoucher, the average salary would be 10,000 USD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 12,240 USD.
  • 15 - 20 Years Experience. A Photo Retoucher with 15 to 20 years of experience can earn an average of 13,100 USD.
  • 20+ Years Experience. For a Photo Retoucher with more than 20 years, the expected average salary increases to 16,880 USD.

Average Salary by Experience Chart

0-2 Years
6,960 USD
2-5 Years +29%
8,780 USD
5-10 Years +38%
10,000 USD
10-15 Years +24%
12,240 USD
15-20 Years +7%
13,100 USD
20+ Years +7%
16,880 USD

Photo Retoucher Salary by Education Level in Micronesia

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 Photo Retoucher in Micronesia 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 Photo Retoucher in Micronesia with a high school education can earn an average salary of 8,780 USD.

  • Certificate or Diploma. A Photo Retoucher in Micronesia with a certificate or diploma education can earn an average salary of 13,660 USD.

  • Bachelor's Degree. A Photo Retoucher in Micronesia with a bachelor's degree education can earn an average salary of 16,400 USD.

Average Salary by Education Chart

High School
8,780 USD
Certificate or Diploma +43%
13,660 USD
Bachelor's Degree +38%
16,400 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 Micronesia is around 7,020 to 21,100 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.

Photo Retoucher 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 Micronesia, a male photo retoucher will earn an average of 12,520 USD, while a female photo retoucher will earn around 12,020 USD.

This means that a male photo retoucher earns approximately 4% more than a female photo retoucher for performing the same job.

Average Salary by Gender Chart in Micronesia

Male
12,520 USD
Female -4%
12,020 USD

Photo Retoucher Average Pay Raise in Micronesia

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 Photo Retoucher in Micronesia is around 7% every 29 months.

The national average pay raise across all professions and industries in Micronesia 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 = ( 7 ÷ 29 ) × 12  = 3%

What this means is that a Photo Retoucher in Micronesia can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Micronesia for 2024

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

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

Banking
5%
Energy
1%
Information Technology
6%
Healthcare
2%
Travel
7%
Construction
3%
Education
8%

Photo Retoucher Bonus and Incentive Rates in Micronesia

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 Photo Retoucher is a low bonus based job, with 12% of employees reporting at least one bonus in the last 12 months.

88% 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 0% to 4%.

Received Bonus
12%
No Bonus
88%

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 Micronesia earn approximately 4% less than private sector employees in the same role.

Public Sector
15,700 USD
Private Sector +4%
16,400 USD

Salaries for Jobs Similar to a Photo Retoucher

In the table below, we have salary information for jobs that are similar to a Photo Retoucher in Micronesia.

Job Title Category Salary
Assistant Photographer Photography 9,360 USD
Mini-Lab Operator Photography 9,740 USD
Photo Editor Photography 12,840 USD
Photo Research Manager Photography 16,140 USD
Photographer Photography 12,200 USD
Photography Production Supervisor Photography 15,300 USD
Studio Manager Photography 19,640 USD

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