Average Sales Specialist Salary in Micronesia for 2024

In this article, we will look at the average Sales Specialist salary for 2024 in Micronesia 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 Sales Specialist Make in Micronesia?

A Sales Specialist working in Micronesia will typically earn around 15,380 USD per year, and this can range from the lowest average salary of about 6,440 USD to the highest average salary of 25,160 USD.

Average Annual Salary
15,380 USD
Average Monthly Salary
1,281 USD

Lowest Annual Salary
6,440 USD
Lowest Monthly Salary
536 USD

Highest Annual Salary
25,160 USD
Highest Monthly Salary
2,096 USD

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

Sales Specialist 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 Sales Specialist Salaries in Micronesia

So we've looked at the average salaries a Sales Specialist will earn in Micronesia. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Sales Specialist can earn between 6,440 USD and 25,160 USD on average in Micronesia. 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 Sales Specialist in Micronesia is 18,780 USD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 18,780 USD, and 50% of the population earn more than 18,780 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 Sales Specialist salary in Micronesia, 25% of the population are earning less than 10,000 USD while 75% of the population earn more than 10,000 USD.

75% of the population earn less than 20,760 USD, and 25% of the population earn more than 20,760 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.

Sales Specialist Salary by Experience Level in Micronesia

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 sales specialist 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 Sales Specialist in Micronesia that has less than two years of experience can expect to earn somewhere in the region of 8,560 USD.
  • 2 - 5 Years Experience. With two to five years of experience the average Sales Specialist salary would increase to 13,900 USD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Sales Specialist, the average salary would be 15,700 USD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 21,560 USD.
  • 15 - 20 Years Experience. A Sales Specialist with 15 to 20 years of experience can earn an average of 21,300 USD.
  • 20+ Years Experience. For a Sales Specialist with more than 20 years, the expected average salary increases to 23,360 USD.

Average Salary by Experience Chart

0-2 Years
8,560 USD
2-5 Years +42%
13,900 USD
5-10 Years +32%
15,700 USD
10-15 Years +23%
21,560 USD
15-20 Years +6%
21,300 USD
20+ Years +10%
23,360 USD

Sales Specialist Salary by Education Level in Micronesia

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 Sales Specialist in Micronesia 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 Sales Specialist in Micronesia with a high school education can earn an average salary of 9,940 USD.

  • Certificate or Diploma. A Sales Specialist in Micronesia with a certificate or diploma education can earn an average salary of 14,540 USD.

  • Bachelor's Degree. A Sales Specialist in Micronesia with a bachelor's degree education can earn an average salary of 19,860 USD.

  • Master's Degree. A Sales Specialist in Micronesia with a master's degree education can earn an average salary of 25,220 USD.

Average Salary by Education Chart

High School
9,940 USD
Certificate or Diploma +16%
14,540 USD
Bachelor's Degree +46%
19,860 USD
Master's Degree +23%
25,220 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 Micronesia is around 7,020 to 21,100 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.

Sales Specialist 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 Micronesia, a male sales specialist will earn an average of 16,140 USD, while a female sales specialist will earn around 16,400 USD.

This means that a male sales specialist earns approximately 2% less than a female sales specialist for performing the same job.

Average Salary by Gender Chart in Micronesia

Male
16,140 USD
Female +2%
16,400 USD

Sales Specialist Average Pay Raise in Micronesia

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 Sales Specialist in Micronesia is around 8% every 28 months.

The national average pay raise across all professions and industries in Micronesia 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 = ( 8 ÷ 28 ) × 12  = 3%

What this means is that a Sales Specialist in Micronesia can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Micronesia for 2024

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

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%

Sales Specialist Bonus and Incentive Rates in Micronesia

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 Sales Specialist is a moderate bonus based job, with 64% of employees reporting at least one bonus in the last 12 months.

36% 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
64%
No Bonus
36%

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 Micronesia earn approximately 4% less than private sector employees in the same role.

Public Sector
15,700 USD
Private Sector +4%
16,400 USD

Salaries for Jobs Similar to a Sales Specialist

In the table below, we have salary information for jobs that are similar to a Sales Specialist in Micronesia.

Job Title Category Salary
Account Manager Sales Retail and Wholesale 19,200 USD
Account Officer Sales Retail and Wholesale 9,740 USD
Area Manager Sales Retail and Wholesale 21,020 USD
Area Sales Director Sales Retail and Wholesale 34,280 USD
Area Sales Manager Sales Retail and Wholesale 26,100 USD
Assisstant Store Supervisor Sales Retail and Wholesale 10,080 USD
Assistant Department Manager Sales Retail and Wholesale 12,120 USD
Assistant Retail Store Manager Sales Retail and Wholesale 14,140 USD
Branch Manager Sales Retail and Wholesale 21,020 USD
Branch Supervisor Sales Retail and Wholesale 17,560 USD
Cashier Sales Retail and Wholesale 6,960 USD
Cashier Manager Sales Retail and Wholesale 14,660 USD
Commercial Sales Manager Sales Retail and Wholesale 26,500 USD
Corporate Sales Manager Sales Retail and Wholesale 25,940 USD
Depot Manager Sales Retail and Wholesale 18,940 USD
Depot Supervisor Sales Retail and Wholesale 15,300 USD
Deputy Sales Manager Sales Retail and Wholesale 19,860 USD
Director of Sales Sales Retail and Wholesale 32,620 USD
Distribution Director Sales Retail and Wholesale 20,760 USD
District Leader Sales Retail and Wholesale 16,340 USD
District Manager Sales Retail and Wholesale 19,380 USD
District Sales Manager Sales Retail and Wholesale 19,980 USD
External Sales Account Manager Sales Retail and Wholesale 21,540 USD
Field Sales Representative Sales Retail and Wholesale 14,620 USD
Furniture Sales Associate Sales Retail and Wholesale 10,380 USD
Global Wholesale Manager Sales Retail and Wholesale 35,340 USD
Head Cashier Sales Retail and Wholesale 10,980 USD
Head of Direct Sales Sales Retail and Wholesale 27,040 USD
Head of Retail Sales Retail and Wholesale 22,340 USD
Head Teller Sales Retail and Wholesale 13,780 USD
Inside Sales Sales Retail and Wholesale 12,020 USD
Inside Sales Account Manager Sales Retail and Wholesale 15,760 USD
Inside Sales Engineer Sales Retail and Wholesale 10,980 USD
Inside Sales Executive Sales Retail and Wholesale 15,700 USD
Inside Sales Representative Sales Retail and Wholesale 12,520 USD
Internal Sales Manager Sales Retail and Wholesale 18,940 USD
Inventory Manager Sales Retail and Wholesale 17,740 USD
Key Account Manager Sales Retail and Wholesale 19,860 USD
Medical Device Sales Sales Retail and Wholesale 14,540 USD
Medical Device Sales Representative Sales Retail and Wholesale 14,140 USD
Merchandiser Sales Retail and Wholesale 13,780 USD
National Account Manager Sales Retail and Wholesale 26,780 USD
National Customer Solution Specialist Sales Retail and Wholesale 21,560 USD
National Sales Manager Sales Retail and Wholesale 35,340 USD
Outside Sales Representative Sales Retail and Wholesale 13,780 USD
Parts Salesperson Sales Retail and Wholesale 8,880 USD
Project Development Manager Sales Retail and Wholesale 20,460 USD
Project Manager Sales Retail and Wholesale 19,980 USD
Project Sales Executive Sales Retail and Wholesale 23,520 USD
Purchasing and Sales Executive Sales Retail and Wholesale 30,220 USD
Quotation Engineer Sales Retail and Wholesale 10,080 USD
Regional Sales Director Sales Retail and Wholesale 35,340 USD
Regional Sales Manager Sales Retail and Wholesale 34,360 USD
Relationship Manager Sales Retail and Wholesale 25,220 USD
Retail Merchandiser Sales Retail and Wholesale 7,300 USD
Retail Operations Manager Sales Retail and Wholesale 20,940 USD
Retail Sales Associate Sales Retail and Wholesale 14,540 USD
Retail Sales Representative Sales Retail and Wholesale 13,540 USD
Retail Salesperson Sales Retail and Wholesale 9,740 USD
Retail Store Manager Sales Retail and Wholesale 19,160 USD
Retail Store Sales Person Sales Retail and Wholesale 10,220 USD
Revenue Manager Sales Retail and Wholesale 18,940 USD
Sales Account Manager Sales Retail and Wholesale 24,820 USD
Sales Admin Executive Sales Retail and Wholesale 26,080 USD
Sales Administration Manager Sales Retail and Wholesale 27,040 USD
Sales Analyst Sales Retail and Wholesale 18,900 USD
Sales Assistant Sales Retail and Wholesale 10,100 USD
Sales Associate Sales Retail and Wholesale 8,880 USD
Sales Consultant Sales Retail and Wholesale 14,540 USD
Sales Coordinator Sales Retail and Wholesale 10,080 USD
Sales Development Representative Sales Retail and Wholesale 13,780 USD
Sales Director Sales Retail and Wholesale 31,040 USD
Sales Engineer Sales Retail and Wholesale 13,660 USD
Sales Executive Sales Retail and Wholesale 23,520 USD
Sales Manager Sales Retail and Wholesale 30,800 USD
Sales Officer Sales Retail and Wholesale 12,300 USD
Sales Planner Sales Retail and Wholesale 15,700 USD
Sales Planning Analyst Sales Retail and Wholesale 19,360 USD
Sales Representative Sales Retail and Wholesale 9,740 USD
Sales Service Associate Sales Retail and Wholesale 12,020 USD
Sales Supervisor Sales Retail and Wholesale 16,340 USD
Sales Support Sales Retail and Wholesale 6,280 USD
Sales Support Manager Sales Retail and Wholesale 16,340 USD
Sales Team Leader Sales Retail and Wholesale 19,640 USD
Sales Trainer Sales Retail and Wholesale 21,100 USD
Securities Sales Agent Sales Retail and Wholesale 18,280 USD
Shipper / Receiver Sales Retail and Wholesale 9,020 USD
Shop Manager Sales Retail and Wholesale 19,860 USD
Store Development Administrator Sales Retail and Wholesale 14,620 USD
Store Manager Sales Retail and Wholesale 19,980 USD
Territory Sales Manager Sales Retail and Wholesale 26,100 USD
Territory Sales Representative Sales Retail and Wholesale 16,880 USD
Trade Marketing Officer Sales Retail and Wholesale 19,360 USD
Treasury Officer Sales Retail and Wholesale 15,300 USD
Vice President Sales Sales Retail and Wholesale 26,660 USD
Visual Merchandiser Sales Retail and Wholesale 9,980 USD

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