Average Procurement Assistant Salary in Gibraltar for 2024

In this article, we will look at the average Procurement Assistant salary for 2024 in Gibraltar 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 Gibraltar pound. To keep things simple, we are using the GIP currency code instead of the currency symbol £.

How Much Does a Procurement Assistant Make in Gibraltar?

A Procurement Assistant working in Gibraltar will typically earn around 27,400 GIP per year, and this can range from the lowest average salary of about 12,800 GIP to the highest average salary of 39,800 GIP.

Average Annual Salary
27,400 GIP
Average Monthly Salary
2,283 GIP

Lowest Annual Salary
12,800 GIP
Lowest Monthly Salary
1,066 GIP

Highest Annual Salary
39,800 GIP
Highest Monthly Salary
3,316 GIP

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

Procurement Assistant 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 Procurement Assistant Salaries in Gibraltar

So we've looked at the average salaries a Procurement Assistant will earn in Gibraltar. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Procurement Assistant can earn between 12,800 GIP and 39,800 GIP on average in Gibraltar. 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 Procurement Assistant in Gibraltar is 25,800 GIP. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 25,800 GIP, and 50% of the population earn more than 25,800 GIP.

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 Procurement Assistant salary in Gibraltar, 25% of the population are earning less than 18,000 GIP while 75% of the population earn more than 18,000 GIP.

75% of the population earn less than 36,400 GIP, and 25% of the population earn more than 36,400 GIP.

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.

Procurement Assistant Salary by Experience Level in Gibraltar

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 procurement assistant 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 Procurement Assistant in Gibraltar that has less than two years of experience can expect to earn somewhere in the region of 15,800 GIP.
  • 2 - 5 Years Experience. With two to five years of experience the average Procurement Assistant salary would increase to 17,800 GIP.
  • 5 - 10 Years Experience. From five to ten years of experience as a Procurement Assistant, the average salary would be 26,100 GIP.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 35,500 GIP.
  • 15 - 20 Years Experience. A Procurement Assistant with 15 to 20 years of experience can earn an average of 36,600 GIP.
  • 20+ Years Experience. For a Procurement Assistant with more than 20 years, the expected average salary increases to 37,900 GIP.

Average Salary by Experience Chart

0-2 Years
15,800 GIP
2-5 Years +38%
17,800 GIP
5-10 Years +42%
26,100 GIP
10-15 Years +22%
35,500 GIP
15-20 Years +6%
36,600 GIP
20+ Years +9%
37,900 GIP

Procurement Assistant Salary by Education Level in Gibraltar

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 Procurement Assistant in Gibraltar 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 Procurement Assistant in Gibraltar with a high school education can earn an average salary of 15,300 GIP.

  • Certificate or Diploma. A Procurement Assistant in Gibraltar with a certificate or diploma education can earn an average salary of 25,700 GIP.

  • Bachelor's Degree. A Procurement Assistant in Gibraltar with a bachelor's degree education can earn an average salary of 39,400 GIP.

Average Salary by Education Chart

High School
15,300 GIP
Certificate or Diploma +51%
25,700 GIP
Bachelor's Degree +50%
39,400 GIP

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 Gibraltar is around 16,900 to 50,700 GIP 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.

Procurement Assistant 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 Gibraltar, a male procurement assistant will earn an average of 26,500 GIP, while a female procurement assistant will earn around 24,200 GIP.

This means that a male procurement assistant earns approximately 10% more than a female procurement assistant for performing the same job.

Average Salary by Gender Chart in Gibraltar

Male
26,500 GIP
Female -10%
24,200 GIP

Procurement Assistant Average Pay Raise in Gibraltar

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 Procurement Assistant in Gibraltar is around 5% every 30 months.

The national average pay raise across all professions and industries in Gibraltar 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 = ( 5 ÷ 30 ) × 12  = 2%

What this means is that a Procurement Assistant in Gibraltar can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Gibraltar for 2024

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

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

Banking
2%
Energy
4%
Information Technology
6%
Healthcare
8%
Travel
1%
Construction
3%
Education
5%

Procurement Assistant Bonus and Incentive Rates in Gibraltar

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 Procurement Assistant 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 2% to 7%.

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

Public Sector
43,400 GIP
Private Sector -24%
35,000 GIP

Salaries for Jobs Similar to a Procurement Assistant

In the table below, we have salary information for jobs that are similar to a Procurement Assistant in Gibraltar.

Job Title Category Salary
Asset Management Associate Purchasing and Inventory 32,900 GIP
Asset Protection Associate Purchasing and Inventory 32,200 GIP
Asset Protection Specialist Purchasing and Inventory 39,500 GIP
Assistant Buyer Purchasing and Inventory 29,200 GIP
Buyer Purchasing and Inventory 51,100 GIP
Capacity Planner Purchasing and Inventory 36,400 GIP
Category Leader Purchasing and Inventory 36,000 GIP
Category Management Specialist Purchasing and Inventory 34,900 GIP
Category Manager Purchasing and Inventory 39,600 GIP
Channel Services Representative Purchasing and Inventory 36,500 GIP
Contracts Manager Purchasing and Inventory 45,000 GIP
Contracts Specialist Purchasing and Inventory 35,300 GIP
Demand Planner Purchasing and Inventory 39,600 GIP
Demand Planning Manager Purchasing and Inventory 45,000 GIP
Distribution Assistant Purchasing and Inventory 30,800 GIP
Distribution Associate Purchasing and Inventory 28,900 GIP
Distribution Manager Purchasing and Inventory 66,000 GIP
Inventory Analyst Purchasing and Inventory 35,300 GIP
Inventory Control Clerk Purchasing and Inventory 20,900 GIP
Inventory Control Manager Purchasing and Inventory 49,400 GIP
Inventory Management Associate Purchasing and Inventory 34,300 GIP
Inventory Specialist Purchasing and Inventory 33,000 GIP
Logistics Engineer Purchasing and Inventory 30,200 GIP
Master Planner Purchasing and Inventory 30,200 GIP
Material Handler Purchasing and Inventory 23,000 GIP
Material Planning Specialist Purchasing and Inventory 30,800 GIP
Merchandise Manager Purchasing and Inventory 40,500 GIP
Procurement Administrator Purchasing and Inventory 41,300 GIP
Procurement Agent Purchasing and Inventory 27,400 GIP
Procurement Analyst Purchasing and Inventory 42,300 GIP
Procurement Associate Purchasing and Inventory 36,800 GIP
Procurement Clerk Purchasing and Inventory 16,900 GIP
Procurement Engineer Purchasing and Inventory 36,000 GIP
Procurement Manager Purchasing and Inventory 70,500 GIP
Procurement Officer Purchasing and Inventory 18,400 GIP
Procurement Process Analyst Purchasing and Inventory 41,900 GIP
Procurement Specialist Purchasing and Inventory 31,700 GIP
Production Planner Purchasing and Inventory 36,400 GIP
Project Buyer Purchasing and Inventory 46,200 GIP
Purchaser Purchasing and Inventory 51,600 GIP
Purchasing Agent Purchasing and Inventory 26,300 GIP
Purchasing Assistant Purchasing and Inventory 17,900 GIP
Purchasing Manager Purchasing and Inventory 68,500 GIP
Purchasing Officer Purchasing and Inventory 31,400 GIP
Purchasing Supervisor Purchasing and Inventory 49,400 GIP
Shipping and Receiving Clerk Purchasing and Inventory 18,400 GIP
Shipping Coordinator Purchasing and Inventory 32,600 GIP
Stock Clerk Purchasing and Inventory 19,400 GIP
Stock Regulator Purchasing and Inventory 20,000 GIP
Storage Manager Purchasing and Inventory 45,100 GIP
Store Keeper Purchasing and Inventory 18,300 GIP
Stores and Logistics Coordinator Purchasing and Inventory 38,100 GIP
Supply Chain Analyst Purchasing and Inventory 52,000 GIP
Supply Chain Coordinator Purchasing and Inventory 36,500 GIP
Supply Chain Development Manager Purchasing and Inventory 64,100 GIP
Supply Chain Director Purchasing and Inventory 69,600 GIP
Supply Chain Manager Purchasing and Inventory 73,500 GIP
Supply Planner Purchasing and Inventory 33,600 GIP
Warehouse Assistant Purchasing and Inventory 14,900 GIP
Warehouse Clerk Purchasing and Inventory 12,400 GIP
Warehouse Executive Purchasing and Inventory 55,200 GIP
Warehouse Lead Purchasing and Inventory 37,800 GIP
Warehouse Manager Purchasing and Inventory 61,700 GIP
Warehouse Supervisor Purchasing and Inventory 45,000 GIP
Wholesale Buyer Purchasing and Inventory 51,800 GIP

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