Average Real Estate General Manager Salary in Cook Islands for 2024

In this article, we will look at the average Real Estate General 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 Real Estate General Manager Make in Cook Islands?

A Real Estate General Manager working in Cook Islands will typically earn around 91,520 NZD per year, and this can range from the lowest average salary of about 43,760 NZD to the highest average salary of 142,300 NZD.

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

Real Estate General 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 Real Estate General Manager Salaries in Cook Islands

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

Salary ranges

We already know that a Real Estate General Manager can earn between 43,760 NZD and 142,300 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 Real Estate General Manager in Cook Islands is 96,340 NZD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 96,340 NZD, and 50% of the population earn more than 96,340 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 Real Estate General Manager salary in Cook Islands, 25% of the population are earning less than 61,580 NZD while 75% of the population earn more than 61,580 NZD.

75% of the population earn less than 119,900 NZD, and 25% of the population earn more than 119,900 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.

Real Estate General 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 real estate general 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 Real Estate General Manager in Cook Islands that has less than two years of experience can expect to earn somewhere in the region of 54,460 NZD.
• 2 - 5 Years Experience. With two to five years of experience the average Real Estate General Manager salary would increase to 67,320 NZD.
• 5 - 10 Years Experience. From five to ten years of experience as a Real Estate General Manager, the average salary would be 94,400 NZD.
• 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 118,380 NZD.
• 15 - 20 Years Experience. A Real Estate General Manager with 15 to 20 years of experience can earn an average of 127,700 NZD.
• 20+ Years Experience. For a Real Estate General Manager with more than 20 years, the expected average salary increases to 136,100 NZD.

Average Salary by Experience Chart

Real Estate General 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 Real Estate General 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.

• High School. A Real Estate General Manager in Cook Islands with a high school education can earn an average salary of 66,680 NZD.

• Certificate or Diploma. A Real Estate General Manager in Cook Islands with a certificate or diploma education can earn an average salary of 78,940 NZD.

• Bachelor's Degree. A Real Estate General Manager in Cook Islands with a bachelor's degree education can earn an average salary of 104,500 NZD.

• Master's Degree. A Real Estate General Manager in Cook Islands with a master's degree education can earn an average salary of 128,900 NZD.

Average Salary by Education Chart

Real Estate General 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 real estate general manager will earn an average of 96,680 NZD, while a female real estate general manager will earn around 87,520 NZD.

This means that a male real estate general manager earns approximately 10% more than a female real estate general manager for performing the same job.

Average Salary by Gender Chart in Cook Islands

Real Estate General 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 Real Estate General Manager in Cook Islands is around 8% every 30 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 = ( 8 ÷ 30 ) × 12  = 3%

What this means is that a Real Estate General Manager in Cook Islands can expect to receive an average pay raise of around 3% 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.

Real Estate General 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 Real Estate General Manager is a moderate bonus based job, with 65% of employees reporting at least one bonus in the last 12 months.

35% 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%.

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 Real Estate General Manager

In the table below, we have salary information for jobs that are similar to a Real Estate General Manager in Cook Islands.

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