Average Regulatory Accountant Salary in Cook Islands for 2024

In this article, we will look at the average Regulatory Accountant 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 Regulatory Accountant Make in Cook Islands?

A Regulatory Accountant working in Cook Islands will typically earn around 45,200 NZD per year, and this can range from the lowest average salary of about 19,160 NZD to the highest average salary of 68,320 NZD.

Average Annual Salary
45,200 NZD
Average Monthly Salary
3,766 NZD

Lowest Annual Salary
19,160 NZD
Lowest Monthly Salary
1,596 NZD

Highest Annual Salary
68,320 NZD
Highest Monthly Salary
5,693 NZD

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

Regulatory Accountant 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 Regulatory Accountant Salaries in Cook Islands

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

Salary ranges

We already know that a Regulatory Accountant can earn between 19,160 NZD and 68,320 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 Regulatory Accountant in Cook Islands is 45,580 NZD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 45,580 NZD, and 50% of the population earn more than 45,580 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 Regulatory Accountant salary in Cook Islands, 25% of the population are earning less than 31,660 NZD while 75% of the population earn more than 31,660 NZD.

75% of the population earn less than 64,040 NZD, and 25% of the population earn more than 64,040 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.

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.

Regulatory Accountant 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 regulatory accountant 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 Regulatory Accountant in Cook Islands that has less than two years of experience can expect to earn somewhere in the region of 22,420 NZD.
  • 2 - 5 Years Experience. With two to five years of experience the average Regulatory Accountant salary would increase to 31,400 NZD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Regulatory Accountant, the average salary would be 46,720 NZD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 56,880 NZD.
  • 15 - 20 Years Experience. A Regulatory Accountant with 15 to 20 years of experience can earn an average of 61,400 NZD.
  • 20+ Years Experience. For a Regulatory Accountant with more than 20 years, the expected average salary increases to 66,820 NZD.

Average Salary by Experience Chart

0-2 Years
22,420 NZD
2-5 Years +34%
31,400 NZD
5-10 Years +48%
46,720 NZD
10-15 Years +22%
56,880 NZD
15-20 Years +9%
61,400 NZD
20+ Years +8%
66,820 NZD

Regulatory Accountant 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 Regulatory Accountant 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 Regulatory Accountant in Cook Islands with a high school education can earn an average salary of 26,280 NZD.

  • Certificate or Diploma. A Regulatory Accountant in Cook Islands with a certificate or diploma education can earn an average salary of 32,900 NZD.

  • Bachelor's Degree. A Regulatory Accountant in Cook Islands with a bachelor's degree education can earn an average salary of 47,580 NZD.

  • Master's Degree. A Regulatory Accountant in Cook Islands with a master's degree education can earn an average salary of 62,460 NZD.

Average Salary by Education Chart

High School
26,280 NZD
Certificate or Diploma +18%
32,900 NZD
Bachelor's Degree +45%
47,580 NZD
Master's Degree +31%
62,460 NZD

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 Cook Islands is around 23,500 to 70,600 NZD 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.

Regulatory Accountant 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 regulatory accountant will earn an average of 46,040 NZD, while a female regulatory accountant will earn around 39,560 NZD.

This means that a male regulatory accountant earns approximately 16% more than a female regulatory accountant for performing the same job.

Average Salary by Gender Chart in Cook Islands

Male
46,040 NZD
Female -16%
39,560 NZD

Regulatory Accountant 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 Regulatory Accountant in Cook Islands is around 7% every 28 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 = ( 7 ÷ 28 ) × 12  = 3%

What this means is that a Regulatory Accountant 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.

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

Regulatory Accountant 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 Regulatory Accountant is a low bonus based job, with 16% of employees reporting at least one bonus in the last 12 months.

84% 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 0% to 4%.

Received Bonus
16%
No Bonus
84%

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 Cook Islands earn approximately 15% more than private sector employees in the same role.

Public Sector
58,000 NZD
Private Sector -15%
50,560 NZD

Salaries for Jobs Similar to a Regulatory Accountant

In the table below, we have salary information for jobs that are similar to a Regulatory Accountant in Cook Islands.

Job Title Category Salary
Account Examiner Accounting and Finance 27,020 NZD
Account Executive Accounting and Finance 48,920 NZD
Accountant Accounting and Finance 42,040 NZD
Accounting Analyst Accounting and Finance 50,580 NZD
Accounting Assistant Accounting and Finance 29,640 NZD
Accounting Associate Accounting and Finance 29,540 NZD
Accounting Clerk Accounting and Finance 22,400 NZD
Accounting Coordinator Accounting and Finance 33,980 NZD
Accounting Head Accounting and Finance 78,960 NZD
Accounting Manager Accounting and Finance 82,520 NZD
Accounting Officer Accounting and Finance 26,400 NZD
Accounting Specialist Accounting and Finance 55,140 NZD
Accounting Supervisor Accounting and Finance 51,900 NZD
Accounting Technician Accounting and Finance 26,100 NZD
Accounting Unit Controller Accounting and Finance 64,300 NZD
Accounts Executive Accounting and Finance 50,560 NZD
Accounts Officer Accounting and Finance 28,680 NZD
Accounts Payable and Receivable Specialist Accounting and Finance 42,460 NZD
Accounts Payable Assistant Accounting and Finance 34,240 NZD
Accounts Payable Associate Accounting and Finance 36,580 NZD
Accounts Payable Clerk Accounting and Finance 28,660 NZD
Accounts Payable Manager Accounting and Finance 78,160 NZD
Accounts Receivable Administrator Accounting and Finance 56,460 NZD
Accounts Receivable Clerk Accounting and Finance 26,280 NZD
Accounts Receivable Financial Analyst Accounting and Finance 57,360 NZD
Accounts Receivable Manager Accounting and Finance 76,280 NZD
Accounts Receivable Team Leader Accounting and Finance 59,000 NZD
Assistant Accountant Accounting and Finance 28,900 NZD
Assistant Accounting Manager Accounting and Finance 74,620 NZD
Assistant Auditor Accounting and Finance 38,340 NZD
Assistant Corporate Controller Accounting and Finance 55,940 NZD
Assistant Finance Manager Accounting and Finance 85,940 NZD
Assistant Financial Controller Accounting and Finance 50,180 NZD
Audit Director Accounting and Finance 85,700 NZD
Audit Supervisor Accounting and Finance 70,260 NZD
Auditing Clerk Accounting and Finance 28,680 NZD
Auditing Manager Accounting and Finance 80,920 NZD
Billing Clerk Accounting and Finance 31,540 NZD
Billing Coordinator Accounting and Finance 36,700 NZD
Billing Specialist Accounting and Finance 45,060 NZD
Billing Supervisor Accounting and Finance 62,060 NZD
Bookkeeper Accounting and Finance 23,700 NZD
Bookkeeping Specialist Accounting and Finance 37,380 NZD
Budget Analyst Accounting and Finance 70,260 NZD
Budget Manager Accounting and Finance 78,480 NZD
Business Support Analyst Accounting and Finance 46,280 NZD
Capital Markets Associate Accounting and Finance 59,660 NZD
Cash Flow Analyst Accounting and Finance 60,340 NZD
Cash Management Manager Accounting and Finance 74,560 NZD
Cash Management Officer Accounting and Finance 48,340 NZD
Cashbook Clerk Accounting and Finance 25,720 NZD
Chartered Accountant Accounting and Finance 50,580 NZD
Chief Accountant Accounting and Finance 58,440 NZD
Collections Clerk Accounting and Finance 25,940 NZD
Collections Representative Accounting and Finance 36,940 NZD
Collections Specialist Accounting and Finance 42,320 NZD
Corporate Controller Accounting and Finance 65,760 NZD
Corporate Treasurer Accounting and Finance 79,360 NZD
Cost Accountant Accounting and Finance 37,880 NZD
Cost Accounting Manager Accounting and Finance 78,420 NZD
Cost Accounting Supervisor Accounting and Finance 60,160 NZD
Cost Analyst Accounting and Finance 66,820 NZD
Credit and Collection Manager Accounting and Finance 78,160 NZD
Credit and Collection Staff Accounting and Finance 28,900 NZD
Credit and Loans Officer Accounting and Finance 26,280 NZD
Credit Controller Accounting and Finance 53,860 NZD
Credit Manager Accounting and Finance 84,180 NZD
Debt Adviser Accounting and Finance 64,040 NZD
Debt Collector Accounting and Finance 32,960 NZD
Debtors Clerk Accounting and Finance 25,160 NZD
Debtors Controller Accounting and Finance 26,400 NZD
Deputy CFO Accounting and Finance 104,060 NZD
Deputy Head of Finance Accounting and Finance 105,300 NZD
Derivative Trader Accounting and Finance 66,100 NZD
Director of Finance Accounting and Finance 109,340 NZD
Economist Accounting and Finance 91,660 NZD
Equity Analyst Accounting and Finance 67,300 NZD
Escrow Assistant Accounting and Finance 33,980 NZD
Executive Accountant Accounting and Finance 44,540 NZD
External Auditor Accounting and Finance 55,580 NZD
Finance Administrator Accounting and Finance 48,340 NZD
Finance Analyst Accounting and Finance 69,580 NZD
Finance Associate Accounting and Finance 32,900 NZD
Finance Director Accounting and Finance 119,320 NZD
Finance Executive Accounting and Finance 87,020 NZD
Finance Licensing Clerk Accounting and Finance 28,720 NZD
Finance Licensing Manager Accounting and Finance 78,940 NZD
Finance Licensing Specialist Accounting and Finance 44,300 NZD
Finance Manager Accounting and Finance 108,120 NZD
Finance Officer Accounting and Finance 37,880 NZD
Finance President Accounting and Finance 112,440 NZD
Finance Relationship Manager Accounting and Finance 90,980 NZD
Finance Release Analyst Accounting and Finance 43,520 NZD
Finance Specialist Accounting and Finance 64,620 NZD
Finance Team Leader Accounting and Finance 86,740 NZD
Financial Accountant Accounting and Finance 36,700 NZD
Financial Actuary Accounting and Finance 60,920 NZD
Financial Administrator Accounting and Finance 64,300 NZD
Financial Advisor Accounting and Finance 68,400 NZD
Financial Analyst Accounting and Finance 73,260 NZD
Financial Applications Specialist Accounting and Finance 50,240 NZD
Financial Assistant Accounting and Finance 31,400 NZD
Financial Associate Accounting and Finance 34,980 NZD
Financial Associate Accounting and Finance 38,680 NZD
Financial Claims Analyst Accounting and Finance 53,320 NZD
Financial Claims Manager Accounting and Finance 69,580 NZD
Financial Claims Supervisor Accounting and Finance 65,920 NZD
Financial Clerk Accounting and Finance 31,180 NZD
Financial Commercial Analyst Accounting and Finance 61,180 NZD
Financial Compliance Analyst Accounting and Finance 60,920 NZD
Financial Consultant Accounting and Finance 51,400 NZD
Financial Controller Accounting and Finance 61,580 NZD
Financial Controller Accounting and Finance 64,720 NZD
Financial Coordinator Accounting and Finance 34,960 NZD
Financial Customer Service Manager Accounting and Finance 69,240 NZD
Financial Dealer and Broker Accounting and Finance 42,460 NZD
Financial Director Accounting and Finance 117,440 NZD
Financial Encoder Accounting and Finance 32,960 NZD
Financial Manager Accounting and Finance 104,060 NZD
Financial Manager Accounting and Finance 110,500 NZD
Financial Operations Manager Accounting and Finance 103,900 NZD
Financial Policy Analyst Accounting and Finance 66,020 NZD
Financial Project Manager Accounting and Finance 79,000 NZD
Financial Quantitative Analyst Accounting and Finance 66,120 NZD
Financial Reporting Consultant Accounting and Finance 60,480 NZD
Financial Reporting Manager Accounting and Finance 80,920 NZD
Financial Section Head Accounting and Finance 75,980 NZD
Financial Services Manager Accounting and Finance 96,500 NZD
Financial Services Sales Agent Accounting and Finance 43,080 NZD
Fixed Assets Administrator Accounting and Finance 43,480 NZD
Forensic Accountant Accounting and Finance 43,760 NZD
Fraud Detection Supervisor Accounting and Finance 49,200 NZD
Fraud Prevention Manager Accounting and Finance 77,860 NZD
Fund Accountant Accounting and Finance 40,240 NZD
Grants Coordinator Accounting and Finance 27,480 NZD
Group Financial Manager Accounting and Finance 115,220 NZD
Internal Auditor Accounting and Finance 50,520 NZD
Internal Control Adviser Accounting and Finance 66,020 NZD
Internal Control Officer Accounting and Finance 35,560 NZD
International Tax Director Accounting and Finance 93,600 NZD
Inventory Accountant Accounting and Finance 43,260 NZD
Investment Advisor Accounting and Finance 104,620 NZD
Investment Analyst Accounting and Finance 83,020 NZD
Investment Associate Accounting and Finance 65,920 NZD
Investment Broker Accounting and Finance 66,940 NZD
Investment Fund Manager Accounting and Finance 84,180 NZD
Investment Operations Manager Accounting and Finance 92,900 NZD
Investment Underwriter Accounting and Finance 34,480 NZD
Investor Accounting and Finance 54,460 NZD
Investor Relations Manager Accounting and Finance 79,000 NZD
KYC Team Leader Accounting and Finance 77,620 NZD
Loan Processor Accounting and Finance 32,420 NZD
Management Accountant Accounting and Finance 43,340 NZD
Management Economist Accounting and Finance 93,100 NZD
Paymaster Accounting and Finance 34,980 NZD
Payroll Administrator Accounting and Finance 52,880 NZD
Payroll Benefits Coordinator Accounting and Finance 43,080 NZD
Payroll Billing Manager Accounting and Finance 66,960 NZD
Payroll Clerk Accounting and Finance 33,520 NZD
Payroll Manager Accounting and Finance 77,400 NZD
Payroll Officer Accounting and Finance 34,960 NZD
Payroll Specialist Accounting and Finance 40,240 NZD
Payroll Supervisor Accounting and Finance 51,080 NZD
Pensions Administrator Accounting and Finance 40,600 NZD
Personal Financial Advisor Accounting and Finance 60,020 NZD
Pricing Analyst Accounting and Finance 66,840 NZD
Private Equity Analyst Accounting and Finance 67,800 NZD
Project Accountant Accounting and Finance 40,600 NZD
Proposal Development Coordinator Accounting and Finance 34,280 NZD
Receivables Accountant Accounting and Finance 37,740 NZD
Retirement Plan Analyst Accounting and Finance 65,760 NZD
Revenue Management Specialist Accounting and Finance 62,860 NZD
Revenue Recognition Analyst Accounting and Finance 70,880 NZD
Risk Management Director Accounting and Finance 96,160 NZD
Risk Management Supervisor Accounting and Finance 73,800 NZD
Staff Accountant Accounting and Finance 38,680 NZD
Tax Accountant Accounting and Finance 39,640 NZD
Tax Administrator Accounting and Finance 45,200 NZD
Tax Advisor Accounting and Finance 58,520 NZD
Tax Analyst Accounting and Finance 61,840 NZD
Tax Associate Accounting and Finance 31,520 NZD
Tax Consultant Accounting and Finance 60,840 NZD
Tax Director Accounting and Finance 92,680 NZD
Tax Examiner Accounting and Finance 43,520 NZD
Tax Manager Accounting and Finance 79,500 NZD
Tax Research Manager Accounting and Finance 78,940 NZD
Teller Accounting and Finance 22,340 NZD
Treasury Accountant Accounting and Finance 41,180 NZD
Treasury Analyst Accounting and Finance 66,480 NZD
Underwriter Accounting and Finance 28,820 NZD
Underwriting Assistant Accounting and Finance 26,780 NZD
Vice President of Finance Accounting and Finance 111,000 NZD

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