Average Risk Management Director Salary in Samoa for 2024

In this article, we will look at the average Risk Management Director salary for 2024 in Samoa 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 Samoan tālā. To keep things simple, we are using the WST currency code instead of the currency symbol T.

How Much Does a Risk Management Director Make in Samoa?

A Risk Management Director working in Samoa will typically earn around 48,920 WST per year, and this can range from the lowest average salary of about 26,080 WST to the highest average salary of 74,060 WST.

Average Annual Salary
48,920 WST
Average Monthly Salary
4,076 WST

Lowest Annual Salary
26,080 WST
Lowest Monthly Salary
2,173 WST

Highest Annual Salary
74,060 WST
Highest Monthly Salary
6,171 WST

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

Risk Management Director 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 Risk Management Director Salaries in Samoa

So we've looked at the average salaries a Risk Management Director will earn in Samoa. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Risk Management Director can earn between 26,080 WST and 74,060 WST on average in Samoa. 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 Risk Management Director in Samoa is 42,960 WST. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 42,960 WST, and 50% of the population earn more than 42,960 WST.

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 Risk Management Director salary in Samoa, 25% of the population are earning less than 33,440 WST while 75% of the population earn more than 33,440 WST.

75% of the population earn less than 52,880 WST, and 25% of the population earn more than 52,880 WST.

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.

Risk Management Director Salary by Experience Level in Samoa

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 risk management director 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 Risk Management Director in Samoa that has less than two years of experience can expect to earn somewhere in the region of 31,400 WST.
  • 2 - 5 Years Experience. With two to five years of experience the average Risk Management Director salary would increase to 36,720 WST.
  • 5 - 10 Years Experience. From five to ten years of experience as a Risk Management Director, the average salary would be 50,980 WST.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 61,180 WST.
  • 15 - 20 Years Experience. A Risk Management Director with 15 to 20 years of experience can earn an average of 66,440 WST.
  • 20+ Years Experience. For a Risk Management Director with more than 20 years, the expected average salary increases to 69,040 WST.

Average Salary by Experience Chart

0-2 Years
31,400 WST
2-5 Years +26%
36,720 WST
5-10 Years +32%
50,980 WST
10-15 Years +18%
61,180 WST
15-20 Years +11%
66,440 WST
20+ Years +6%
69,040 WST

Risk Management Director Salary by Education Level in Samoa

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 Risk Management Director in Samoa based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Certificate or Diploma. A Risk Management Director in Samoa with a certificate or diploma education can earn an average salary of 36,700 WST.

  • Bachelor's Degree. A Risk Management Director in Samoa with a bachelor's degree education can earn an average salary of 42,320 WST.

  • Master's Degree. A Risk Management Director in Samoa with a master's degree education can earn an average salary of 55,220 WST.

  • PhD. A Risk Management Director in Samoa with a phd education can earn an average salary of 68,580 WST.

Average Salary by Education Chart

Certificate or Diploma
36,700 WST
Bachelor's Degree +10%
42,320 WST
Master's Degree +32%
55,220 WST
PhD +26%
68,580 WST

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 Samoa is around 12,200 to 36,600 WST 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.

Risk Management Director 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 Samoa, a male risk management director will earn an average of 49,200 WST, while a female risk management director will earn around 47,120 WST.

This means that a male risk management director earns approximately 4% more than a female risk management director for performing the same job.

Average Salary by Gender Chart in Samoa

Male
49,200 WST
Female -4%
47,120 WST

Risk Management Director Average Pay Raise in Samoa

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 Risk Management Director in Samoa is around 9% every 29 months.

The national average pay raise across all professions and industries in Samoa is around 5% every 28 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 = ( 9 ÷ 29 ) × 12  = 4%

What this means is that a Risk Management Director in Samoa can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Samoa for 2024

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

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

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

Risk Management Director Bonus and Incentive Rates in Samoa

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 Risk Management Director is a moderate bonus based job, with 60% of employees reporting at least one bonus in the last 12 months.

40% 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 6% to 7%.

Received Bonus
60%
No Bonus
40%

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 Samoa earn approximately 14% more than private sector employees in the same role.

Public Sector
33,120 WST
Private Sector -14%
29,040 WST

Salaries for Jobs Similar to a Risk Management Director

In the table below, we have salary information for jobs that are similar to a Risk Management Director in Samoa.

Job Title Category Salary
Account Examiner Accounting and Finance 13,560 WST
Account Executive Accounting and Finance 27,300 WST
Accountant Accounting and Finance 17,740 WST
Accounting Analyst Accounting and Finance 24,820 WST
Accounting Assistant Accounting and Finance 14,920 WST
Accounting Associate Accounting and Finance 15,880 WST
Accounting Clerk Accounting and Finance 12,200 WST
Accounting Coordinator Accounting and Finance 16,340 WST
Accounting Head Accounting and Finance 41,560 WST
Accounting Manager Accounting and Finance 45,060 WST
Accounting Officer Accounting and Finance 12,240 WST
Accounting Specialist Accounting and Finance 28,660 WST
Accounting Supervisor Accounting and Finance 27,620 WST
Accounting Technician Accounting and Finance 12,000 WST
Accounting Unit Controller Accounting and Finance 31,180 WST
Accounts Executive Accounting and Finance 24,800 WST
Accounts Officer Accounting and Finance 15,760 WST
Accounts Payable and Receivable Specialist Accounting and Finance 21,100 WST
Accounts Payable Assistant Accounting and Finance 15,580 WST
Accounts Payable Associate Accounting and Finance 16,980 WST
Accounts Payable Clerk Accounting and Finance 17,020 WST
Accounts Payable Manager Accounting and Finance 38,700 WST
Accounts Receivable Administrator Accounting and Finance 30,840 WST
Accounts Receivable Clerk Accounting and Finance 14,660 WST
Accounts Receivable Financial Analyst Accounting and Finance 26,280 WST
Accounts Receivable Manager Accounting and Finance 39,640 WST
Accounts Receivable Team Leader Accounting and Finance 30,840 WST
Assistant Accountant Accounting and Finance 17,260 WST
Assistant Accounting Manager Accounting and Finance 40,140 WST
Assistant Auditor Accounting and Finance 17,740 WST
Assistant Corporate Controller Accounting and Finance 28,180 WST
Assistant Finance Manager Accounting and Finance 41,980 WST
Assistant Financial Controller Accounting and Finance 29,540 WST
Audit Director Accounting and Finance 45,580 WST
Audit Supervisor Accounting and Finance 36,700 WST
Auditing Clerk Accounting and Finance 15,760 WST
Auditing Manager Accounting and Finance 42,040 WST
Billing Clerk Accounting and Finance 17,020 WST
Billing Coordinator Accounting and Finance 18,780 WST
Billing Specialist Accounting and Finance 21,020 WST
Billing Supervisor Accounting and Finance 31,180 WST
Bookkeeper Accounting and Finance 14,540 WST
Bookkeeping Specialist Accounting and Finance 17,740 WST
Budget Analyst Accounting and Finance 35,300 WST
Budget Manager Accounting and Finance 42,460 WST
Business Support Analyst Accounting and Finance 21,640 WST
Capital Markets Associate Accounting and Finance 30,700 WST
Cash Flow Analyst Accounting and Finance 28,860 WST
Cash Management Manager Accounting and Finance 36,720 WST
Cash Management Officer Accounting and Finance 23,380 WST
Cashbook Clerk Accounting and Finance 11,880 WST
Chartered Accountant Accounting and Finance 23,140 WST
Chief Accountant Accounting and Finance 27,020 WST
Collections Clerk Accounting and Finance 12,120 WST
Collections Representative Accounting and Finance 19,200 WST
Collections Specialist Accounting and Finance 19,160 WST
Corporate Controller Accounting and Finance 30,700 WST
Corporate Treasurer Accounting and Finance 36,020 WST
Cost Accountant Accounting and Finance 19,020 WST
Cost Accounting Manager Accounting and Finance 39,080 WST
Cost Accounting Supervisor Accounting and Finance 31,960 WST
Cost Analyst Accounting and Finance 31,940 WST
Credit and Collection Manager Accounting and Finance 38,340 WST
Credit and Collection Staff Accounting and Finance 17,020 WST
Credit and Loans Officer Accounting and Finance 12,000 WST
Credit Controller Accounting and Finance 28,820 WST
Credit Manager Accounting and Finance 40,240 WST
Debt Adviser Accounting and Finance 33,440 WST
Debt Collector Accounting and Finance 17,260 WST
Debtors Clerk Accounting and Finance 12,580 WST
Debtors Controller Accounting and Finance 12,240 WST
Deputy CFO Accounting and Finance 51,900 WST
Deputy Head of Finance Accounting and Finance 50,180 WST
Derivative Trader Accounting and Finance 35,340 WST
Director of Finance Accounting and Finance 57,860 WST
Economist Accounting and Finance 48,140 WST
Equity Analyst Accounting and Finance 35,500 WST
Escrow Assistant Accounting and Finance 17,760 WST
Executive Accountant Accounting and Finance 21,300 WST
External Auditor Accounting and Finance 26,780 WST
Finance Administrator Accounting and Finance 20,760 WST
Finance Analyst Accounting and Finance 33,980 WST
Finance Associate Accounting and Finance 15,380 WST
Finance Director Accounting and Finance 54,280 WST
Finance Executive Accounting and Finance 41,900 WST
Finance Licensing Clerk Accounting and Finance 15,880 WST
Finance Licensing Manager Accounting and Finance 40,420 WST
Finance Licensing Specialist Accounting and Finance 19,940 WST
Finance Manager Accounting and Finance 57,320 WST
Finance Officer Accounting and Finance 19,860 WST
Finance President Accounting and Finance 57,080 WST
Finance Relationship Manager Accounting and Finance 42,960 WST
Finance Release Analyst Accounting and Finance 23,500 WST
Finance Specialist Accounting and Finance 32,420 WST
Finance Team Leader Accounting and Finance 44,300 WST
Financial Accountant Accounting and Finance 17,740 WST
Financial Actuary Accounting and Finance 31,540 WST
Financial Administrator Accounting and Finance 31,040 WST
Financial Advisor Accounting and Finance 36,800 WST
Financial Analyst Accounting and Finance 34,120 WST
Financial Applications Specialist Accounting and Finance 24,200 WST
Financial Assistant Accounting and Finance 17,540 WST
Financial Associate Accounting and Finance 14,820 WST
Financial Associate Accounting and Finance 19,360 WST
Financial Claims Analyst Accounting and Finance 27,020 WST
Financial Claims Manager Accounting and Finance 36,800 WST
Financial Claims Supervisor Accounting and Finance 35,500 WST
Financial Clerk Accounting and Finance 15,880 WST
Financial Commercial Analyst Accounting and Finance 29,540 WST
Financial Compliance Analyst Accounting and Finance 31,980 WST
Financial Consultant Accounting and Finance 25,940 WST
Financial Controller Accounting and Finance 31,660 WST
Financial Controller Accounting and Finance 33,440 WST
Financial Coordinator Accounting and Finance 17,740 WST
Financial Customer Service Manager Accounting and Finance 37,380 WST
Financial Dealer and Broker Accounting and Finance 20,000 WST
Financial Director Accounting and Finance 58,520 WST
Financial Encoder Accounting and Finance 16,880 WST
Financial Manager Accounting and Finance 52,380 WST
Financial Manager Accounting and Finance 52,820 WST
Financial Operations Manager Accounting and Finance 50,180 WST
Financial Policy Analyst Accounting and Finance 29,320 WST
Financial Project Manager Accounting and Finance 39,420 WST
Financial Quantitative Analyst Accounting and Finance 31,520 WST
Financial Reporting Consultant Accounting and Finance 27,020 WST
Financial Reporting Manager Accounting and Finance 35,260 WST
Financial Section Head Accounting and Finance 36,580 WST
Financial Services Manager Accounting and Finance 47,720 WST
Financial Services Sales Agent Accounting and Finance 19,060 WST
Fixed Assets Administrator Accounting and Finance 21,640 WST
Forensic Accountant Accounting and Finance 20,760 WST
Fraud Detection Supervisor Accounting and Finance 25,680 WST
Fraud Prevention Manager Accounting and Finance 40,040 WST
Fund Accountant Accounting and Finance 19,360 WST
Grants Coordinator Accounting and Finance 14,540 WST
Group Financial Manager Accounting and Finance 55,220 WST
Internal Auditor Accounting and Finance 27,020 WST
Internal Control Adviser Accounting and Finance 33,440 WST
Internal Control Officer Accounting and Finance 15,920 WST
International Tax Director Accounting and Finance 48,340 WST
Inventory Accountant Accounting and Finance 21,640 WST
Investment Advisor Accounting and Finance 53,860 WST
Investment Analyst Accounting and Finance 37,800 WST
Investment Associate Accounting and Finance 31,040 WST
Investment Broker Accounting and Finance 32,960 WST
Investment Fund Manager Accounting and Finance 43,220 WST
Investment Operations Manager Accounting and Finance 42,040 WST
Investment Underwriter Accounting and Finance 16,880 WST
Investor Accounting and Finance 24,800 WST
Investor Relations Manager Accounting and Finance 36,020 WST
KYC Team Leader Accounting and Finance 36,020 WST
Loan Processor Accounting and Finance 16,400 WST
Management Accountant Accounting and Finance 19,980 WST
Management Economist Accounting and Finance 43,520 WST
Paymaster Accounting and Finance 17,100 WST
Payroll Administrator Accounting and Finance 26,080 WST
Payroll Benefits Coordinator Accounting and Finance 21,980 WST
Payroll Billing Manager Accounting and Finance 36,580 WST
Payroll Clerk Accounting and Finance 17,560 WST
Payroll Manager Accounting and Finance 35,340 WST
Payroll Officer Accounting and Finance 15,920 WST
Payroll Specialist Accounting and Finance 20,940 WST
Payroll Supervisor Accounting and Finance 24,800 WST
Pensions Administrator Accounting and Finance 20,520 WST
Personal Financial Advisor Accounting and Finance 29,840 WST
Pricing Analyst Accounting and Finance 34,080 WST
Private Equity Analyst Accounting and Finance 37,740 WST
Project Accountant Accounting and Finance 19,160 WST
Proposal Development Coordinator Accounting and Finance 15,300 WST
Receivables Accountant Accounting and Finance 18,280 WST
Regulatory Accountant Accounting and Finance 19,980 WST
Retirement Plan Analyst Accounting and Finance 30,700 WST
Revenue Management Specialist Accounting and Finance 34,160 WST
Revenue Recognition Analyst Accounting and Finance 35,300 WST
Risk Management Supervisor Accounting and Finance 38,700 WST
Staff Accountant Accounting and Finance 20,300 WST
Tax Accountant Accounting and Finance 19,860 WST
Tax Administrator Accounting and Finance 21,380 WST
Tax Advisor Accounting and Finance 30,840 WST
Tax Analyst Accounting and Finance 27,480 WST
Tax Associate Accounting and Finance 15,700 WST
Tax Consultant Accounting and Finance 31,040 WST
Tax Director Accounting and Finance 48,820 WST
Tax Examiner Accounting and Finance 21,400 WST
Tax Manager Accounting and Finance 42,040 WST
Tax Research Manager Accounting and Finance 39,560 WST
Teller Accounting and Finance 12,520 WST
Treasury Accountant Accounting and Finance 20,940 WST
Treasury Analyst Accounting and Finance 30,700 WST
Underwriter Accounting and Finance 11,880 WST
Underwriting Assistant Accounting and Finance 12,120 WST
Vice President of Finance Accounting and Finance 54,500 WST

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 Risk Management Director Salary in Samoa for 2024". World Salaries. Accessed on March 28, 2024. https://worldsalaries.com/average-risk-management-director-salary-in-samoa/.

  • "Average Risk Management Director Salary in Samoa for 2024". World Salaries, https://worldsalaries.com/average-risk-management-director-salary-in-samoa/. Accessed 28 March, 2024

  • Average Risk Management Director Salary in Samoa for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-risk-management-director-salary-in-samoa/.