Average Property Operations Manager Salary in Maldives for 2024

In this article, we will look at the average Property Operations Manager salary for 2024 in Maldives 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 Maldivian rufiyaa. To keep things simple, we are using the MVR currency code instead of the currency symbol .Þƒ.

How Much Does a Property Operations Manager Make in Maldives?

A Property Operations Manager working in Maldives will typically earn around 401,300 MVR per year, and this can range from the lowest average salary of about 191,600 MVR to the highest average salary of 631,200 MVR.

Average Annual Salary
401,300 MVR
Average Monthly Salary
33,441 MVR

Lowest Annual Salary
191,600 MVR
Lowest Monthly Salary
15,966 MVR

Highest Annual Salary
631,200 MVR
Highest Monthly Salary
52,600 MVR

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

Property 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 Property Operations Manager Salaries in Maldives

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

Salary ranges

We already know that a Property Operations Manager can earn between 191,600 MVR and 631,200 MVR on average in Maldives. 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 Property Operations Manager in Maldives is 417,100 MVR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 417,100 MVR, and 50% of the population earn more than 417,100 MVR.

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 Property Operations Manager salary in Maldives, 25% of the population are earning less than 273,000 MVR while 75% of the population earn more than 273,000 MVR.

75% of the population earn less than 545,300 MVR, and 25% of the population earn more than 545,300 MVR.

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.

Property Operations Manager Salary by Experience Level in Maldives

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 property 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 Property Operations Manager in Maldives that has less than two years of experience can expect to earn somewhere in the region of 225,300 MVR.
  • 2 - 5 Years Experience. With two to five years of experience the average Property Operations Manager salary would increase to 319,600 MVR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Property Operations Manager, the average salary would be 420,100 MVR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 519,300 MVR.
  • 15 - 20 Years Experience. A Property Operations Manager with 15 to 20 years of experience can earn an average of 551,200 MVR.
  • 20+ Years Experience. For a Property Operations Manager with more than 20 years, the expected average salary increases to 603,400 MVR.

Average Salary by Experience Chart

0-2 Years
225,300 MVR
2-5 Years +42%
319,600 MVR
5-10 Years +31%
420,100 MVR
10-15 Years +23%
519,300 MVR
15-20 Years +6%
551,200 MVR
20+ Years +10%
603,400 MVR

Property Operations Manager Salary by Education Level in Maldives

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 Property Operations Manager in Maldives 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 Property Operations Manager in Maldives with a high school education can earn an average salary of 281,500 MVR.

  • Certificate or Diploma. A Property Operations Manager in Maldives with a certificate or diploma education can earn an average salary of 325,600 MVR.

  • Bachelor's Degree. A Property Operations Manager in Maldives with a bachelor's degree education can earn an average salary of 472,100 MVR.

  • Master's Degree. A Property Operations Manager in Maldives with a master's degree education can earn an average salary of 582,700 MVR.

Average Salary by Education Chart

High School
281,500 MVR
Certificate or Diploma +16%
325,600 MVR
Bachelor's Degree +46%
472,100 MVR
Master's Degree +23%
582,700 MVR

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 Maldives is around 95,600 to 287,000 MVR 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.

Property 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 Maldives, a male property operations manager will earn an average of 424,300 MVR, while a female property operations manager will earn around 392,300 MVR.

This means that a male property operations manager earns approximately 8% more than a female property operations manager for performing the same job.

Average Salary by Gender Chart in Maldives

Male
424,300 MVR
Female -8%
392,300 MVR

Property Operations Manager Average Pay Raise in Maldives

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 Property Operations Manager in Maldives is around 8% every 31 months.

The national average pay raise across all professions and industries in Maldives 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 = ( 8 ÷ 31 ) × 12  = 3%

What this means is that a Property Operations Manager in Maldives can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Maldives for 2024

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

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%

Property Operations Manager Bonus and Incentive Rates in Maldives

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 Property Operations Manager is a moderate bonus based job, with 66% of employees reporting at least one bonus in the last 12 months.

34% 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 5% to 9%.

Received Bonus
66%
No Bonus
34%

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 Maldives earn approximately 8% more than private sector employees in the same role.

Public Sector
237,400 MVR
Private Sector -8%
218,900 MVR

Salaries for Jobs Similar to a Property Operations Manager

In the table below, we have salary information for jobs that are similar to a Property Operations Manager in Maldives.

Job Title Category Salary
Acquisition Associate Real Estate 197,600 MVR
Assistant Leasing Manager Real Estate 246,200 MVR
Assistant Property Manager Real Estate 254,800 MVR
Brokerage Real Estate 189,300 MVR
Brokerage Clerk Real Estate 96,180 MVR
Commercial Leasing Manager Real Estate 399,900 MVR
Commercial Real Estate Manager Real Estate 437,300 MVR
Community Development Manager Real Estate 357,300 MVR
Compliance Specialist Real Estate 190,500 MVR
Development Coordinator Real Estate 196,800 MVR
Director of Real Estate Real Estate 430,500 MVR
Lease Administrator Real Estate 246,500 MVR
Leasing Agent Real Estate 207,800 MVR
Leasing Consultant Real Estate 227,600 MVR
Leasing Manager Real Estate 273,300 MVR
Lettings Assistant Real Estate 97,900 MVR
Portfolio Analyst Real Estate 317,700 MVR
Portfolio Manager Real Estate 450,300 MVR
Property Acquisition Agent Real Estate 183,600 MVR
Property and Claims Specialist Real Estate 232,400 MVR
Property Manager Real Estate 279,400 MVR
Property Tax Assistant Real Estate 196,800 MVR
Real Estate Administrator Real Estate 221,500 MVR
Real Estate Agent Real Estate 208,600 MVR
Real Estate Analyst Real Estate 266,000 MVR
Real Estate Appraiser Real Estate 197,600 MVR
Real Estate Appraiser Real Estate 204,700 MVR
Real Estate Appraiser Real Estate 215,100 MVR
Real Estate Assistant Real Estate 181,600 MVR
Real Estate Association Manager Real Estate 263,100 MVR
Real Estate Broker Real Estate 183,700 MVR
Real Estate General Manager Real Estate 397,900 MVR
Real Estate Project Director Real Estate 399,900 MVR
Real Estate Project Manager Real Estate 352,000 MVR
Real Estate Sales Agent Real Estate 207,800 MVR
Real Estate Valuer Real Estate 201,100 MVR
Research Analyst Real Estate 172,200 MVR
Residential Advisor Real Estate 225,300 MVR
Residential Property Manager Real Estate 283,700 MVR
Shopping Center Manager Real Estate 407,100 MVR
Town Planner Real Estate 417,100 MVR

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 Property Operations Manager Salary in Maldives for 2024". World Salaries. Accessed on March 28, 2024. https://worldsalaries.com/average-property-operations-manager-salary-in-maldives/.

  • "Average Property Operations Manager Salary in Maldives for 2024". World Salaries, https://worldsalaries.com/average-property-operations-manager-salary-in-maldives/. Accessed 28 March, 2024

  • Average Property Operations Manager Salary in Maldives for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-property-operations-manager-salary-in-maldives/.