Average Power Plant Operations Manager Salary in Cook Islands for 2024

In this article, we will look at the average Power Plant Operations Manager 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 Power Plant Operations Manager Make in Cook Islands?

A Power Plant Operations Manager working in Cook Islands will typically earn around 99,080 NZD per year, and this can range from the lowest average salary of about 50,520 NZD to the highest average salary of 151,800 NZD.

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

Power Plant Operations 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 Power Plant Operations Manager Salaries in Cook Islands

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

Salary ranges

We already know that a Power Plant Operations Manager can earn between 50,520 NZD and 151,800 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 Power Plant Operations Manager in Cook Islands is 93,220 NZD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 93,220 NZD, and 50% of the population earn more than 93,220 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 Power Plant Operations Manager salary in Cook Islands, 25% of the population are earning less than 64,200 NZD while 75% of the population earn more than 64,200 NZD.

75% of the population earn less than 117,380 NZD, and 25% of the population earn more than 117,380 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.

Power Plant Operations Manager 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 power plant operations 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 Power Plant Operations Manager in Cook Islands that has less than two years of experience can expect to earn somewhere in the region of 59,480 NZD.
• 2 - 5 Years Experience. With two to five years of experience the average Power Plant Operations Manager salary would increase to 79,280 NZD.
• 5 - 10 Years Experience. From five to ten years of experience as a Power Plant Operations Manager, the average salary would be 102,380 NZD.
• 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 123,400 NZD.
• 15 - 20 Years Experience. A Power Plant Operations Manager with 15 to 20 years of experience can earn an average of 136,100 NZD.
• 20+ Years Experience. For a Power Plant Operations Manager with more than 20 years, the expected average salary increases to 138,800 NZD.

Average Salary by Experience Chart

Power Plant Operations Manager 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 Power Plant Operations Manager 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 Power Plant Operations Manager in Cook Islands with a bachelor's degree education can earn an average salary of 80,540 NZD.

• Master's Degree. A Power Plant Operations Manager in Cook Islands with a master's degree education can earn an average salary of 112,440 NZD.

Average Salary by Education Chart

Power Plant Operations 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 Cook Islands, a male power plant operations manager will earn an average of 104,440 NZD, while a female power plant operations manager will earn around 92,680 NZD.

This means that a male power plant operations manager earns approximately 13% more than a female power plant operations manager for performing the same job.

Average Salary by Gender Chart in Cook Islands

Power Plant Operations Manager 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 Power Plant Operations Manager in Cook Islands is around 9% every 29 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 = ( 9 ÷ 29 ) × 12  = 4%

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

Power Plant Operations Manager 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 Power Plant Operations Manager is a low bonus based job, with 37% of employees reporting at least one bonus in the last 12 months.

63% 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 5%.

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.

Salaries for Jobs Similar to a Power Plant Operations Manager

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

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