Average Production Editor Salary in Palau for 2024

In this article, we will look at the average Production Editor salary for 2024 in Palau 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 Production Editor Make in Palau?

A Production Editor working in Palau will typically earn around 24,860 USD per year, and this can range from the lowest average salary of about 14,620 USD to the highest average salary of 40,240 USD.

Average Annual Salary
24,860 USD
Average Monthly Salary
2,071 USD

Lowest Annual Salary
14,620 USD
Lowest Monthly Salary
1,218 USD

Highest Annual Salary
40,240 USD
Highest Monthly Salary
3,353 USD

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

Production Editor 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 Production Editor Salaries in Palau

So we've looked at the average salaries a Production Editor will earn in Palau. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Production Editor can earn between 14,620 USD and 40,240 USD on average in Palau. 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 Production Editor in Palau is 24,800 USD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 24,800 USD, and 50% of the population earn more than 24,800 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 Production Editor salary in Palau, 25% of the population are earning less than 16,340 USD while 75% of the population earn more than 16,340 USD.

75% of the population earn less than 31,400 USD, and 25% of the population earn more than 31,400 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.

Production Editor Salary by Experience Level in Palau

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 production editor 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 Production Editor in Palau that has less than two years of experience can expect to earn somewhere in the region of 17,020 USD.
  • 2 - 5 Years Experience. With two to five years of experience the average Production Editor salary would increase to 19,380 USD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Production Editor, the average salary would be 27,300 USD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 33,120 USD.
  • 15 - 20 Years Experience. A Production Editor with 15 to 20 years of experience can earn an average of 35,520 USD.
  • 20+ Years Experience. For a Production Editor with more than 20 years, the expected average salary increases to 36,020 USD.

Average Salary by Experience Chart

0-2 Years
17,020 USD
2-5 Years +34%
19,380 USD
5-10 Years +30%
27,300 USD
10-15 Years +21%
33,120 USD
15-20 Years +9%
35,520 USD
20+ Years +5%
36,020 USD

Production Editor Salary by Education Level in Palau

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 Production Editor in Palau 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 Production Editor in Palau with a high school education can earn an average salary of 19,640 USD.

  • Certificate or Diploma. A Production Editor in Palau with a certificate or diploma education can earn an average salary of 21,380 USD.

  • Bachelor's Degree. A Production Editor in Palau with a bachelor's degree education can earn an average salary of 30,800 USD.

  • Master's Degree. A Production Editor in Palau with a master's degree education can earn an average salary of 34,120 USD.

Average Salary by Education Chart

High School
19,640 USD
Certificate or Diploma +14%
21,380 USD
Bachelor's Degree +41%
30,800 USD
Master's Degree +21%
34,120 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 Palau is around 13,600 to 40,900 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.

Production Editor 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 Palau, a male production editor will earn an average of 29,040 USD, while a female production editor will earn around 23,080 USD.

This means that a male production editor earns approximately 26% more than a female production editor for performing the same job.

Average Salary by Gender Chart in Palau

Male
29,040 USD
Female -26%
23,080 USD

Production Editor Average Pay Raise in Palau

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 Production Editor in Palau is around 6% every 30 months.

The national average pay raise across all professions and industries in Palau 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 = ( 6 ÷ 30 ) × 12  = 2%

What this means is that a Production Editor in Palau can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Palau for 2024

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

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

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

Production Editor Bonus and Incentive Rates in Palau

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 Production Editor is a low bonus based job, with 10% of employees reporting at least one bonus in the last 12 months.

90% 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 1% to 3%.

Received Bonus
10%
No Bonus
90%

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 Palau earn approximately 19% more than private sector employees in the same role.

Public Sector
37,200 USD
Private Sector -19%
31,380 USD

Salaries for Jobs Similar to a Production Editor

In the table below, we have salary information for jobs that are similar to a Production Editor in Palau.

Job Title Category Salary
Advertising Copywriter Publishing and Printing 26,400 USD
Art Director Publishing and Printing 32,960 USD
Art Supervisor Publishing and Printing 28,180 USD
Artist Publishing and Printing 32,620 USD
Assistant Editor Publishing and Printing 21,980 USD
Associate Content Management Specialist Publishing and Printing 29,160 USD
Associate Editor Publishing and Printing 25,940 USD
Binder and Finisher Publishing and Printing 13,780 USD
Bindery Supervisor Publishing and Printing 19,360 USD
Circulations Director Publishing and Printing 43,260 USD
Color Matcher Publishing and Printing 17,540 USD
Color Technician Publishing and Printing 14,660 USD
Commissioning Editor Publishing and Printing 27,380 USD
Communications Editor Publishing and Printing 27,040 USD
Content Copywriter Publishing and Printing 28,660 USD
Content Management Assistant Publishing and Printing 24,280 USD
Content Publisher Publishing and Printing 27,380 USD
Content Writer Publishing and Printing 29,840 USD
CopyWriter Publishing and Printing 29,540 USD
Corporate Print Center Specialist Publishing and Printing 22,540 USD
Curator Publishing and Printing 23,360 USD
DTP Operator Publishing and Printing 24,280 USD
Editor Publishing and Printing 28,900 USD
Electronic Publisher Publishing and Printing 30,840 USD
Fashion Subeditor Publishing and Printing 27,620 USD
Media Design Manager Publishing and Printing 47,180 USD
Media Planner Publishing and Printing 30,700 USD
Photographer Publishing and Printing 23,500 USD
Planning and Supply Manager Publishing and Printing 56,060 USD
Print Production Coordinator Publishing and Printing 23,480 USD
Print Production Manager Publishing and Printing 50,660 USD
Printing Press Operator Publishing and Printing 23,500 USD
Proofreader Publishing and Printing 26,020 USD
Publisher Publishing and Printing 32,020 USD
Publishing and Printing Coordinator Publishing and Printing 20,760 USD
Publishing and Printing Manager Publishing and Printing 50,340 USD
Publishing and Printing Supervisor Publishing and Printing 42,400 USD
Publishing Specialist Publishing and Printing 32,960 USD
Reporter Publishing and Printing 36,800 USD
Technical Writer Publishing and Printing 29,540 USD
Technical Writing Manager Publishing and Printing 43,480 USD

Link To or Reference This Page

We spend a lot of time collecting, cleaning, merging, and formatting the data that is shown on the site to be as useful to you as possible.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference World Salaries as the source. We appreciate your support!

  • "Average Production Editor Salary in Palau for 2024". World Salaries. Accessed on March 29, 2024. https://worldsalaries.com/average-production-editor-salary-in-palau/.

  • "Average Production Editor Salary in Palau for 2024". World Salaries, https://worldsalaries.com/average-production-editor-salary-in-palau/. Accessed 29 March, 2024

  • Average Production Editor Salary in Palau for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-production-editor-salary-in-palau/.