Average Salon Manager Salary in Guam for 2024

In this article, we will look at the average Salon Manager salary for 2024 in Guam 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 Salon Manager Make in Guam?

A Salon Manager working in Guam will typically earn around 20,520 USD per year, and this can range from the lowest average salary of about 8,880 USD to the highest average salary of 30,700 USD.

Average Annual Salary
20,520 USD
Average Monthly Salary
1,710 USD

Lowest Annual Salary
8,880 USD
Lowest Monthly Salary
740 USD

Highest Annual Salary
30,700 USD
Highest Monthly Salary
2,558 USD

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

Salon 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 Salon Manager Salaries in Guam

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

Salary ranges

We already know that a Salon Manager can earn between 8,880 USD and 30,700 USD on average in Guam. 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 Salon Manager in Guam is 19,640 USD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 19,640 USD, and 50% of the population earn more than 19,640 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 Salon Manager salary in Guam, 25% of the population are earning less than 13,780 USD while 75% of the population earn more than 13,780 USD.

75% of the population earn less than 23,400 USD, and 25% of the population earn more than 23,400 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.

Salon Manager Salary by Experience Level in Guam

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 salon 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 Salon Manager in Guam that has less than two years of experience can expect to earn somewhere in the region of 10,980 USD.
  • 2 - 5 Years Experience. With two to five years of experience the average Salon Manager salary would increase to 14,820 USD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Salon Manager, the average salary would be 19,060 USD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 23,260 USD.
  • 15 - 20 Years Experience. A Salon Manager with 15 to 20 years of experience can earn an average of 26,500 USD.
  • 20+ Years Experience. For a Salon Manager with more than 20 years, the expected average salary increases to 28,900 USD.

Average Salary by Experience Chart

0-2 Years
10,980 USD
2-5 Years +26%
14,820 USD
5-10 Years +32%
19,060 USD
10-15 Years +18%
23,260 USD
15-20 Years +11%
26,500 USD
20+ Years +6%
28,900 USD

Salon Manager Salary by Education Level in Guam

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 Salon Manager in Guam 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 Salon Manager in Guam with a high school education can earn an average salary of 18,780 USD.

  • Certificate or Diploma. A Salon Manager in Guam with a certificate or diploma education can earn an average salary of 26,780 USD.

Average Salary by Education Chart

High School
18,780 USD
Certificate or Diploma +56%
26,780 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 Guam is around 6,980 to 20,900 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.

Salon 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 Guam, a male salon manager will earn an average of 17,740 USD, while a female salon manager will earn around 21,020 USD.

This means that a male salon manager earns approximately 16% less than a female salon manager for performing the same job.

Average Salary by Gender Chart in Guam

Male
17,740 USD
Female +16%
21,020 USD

Salon Manager Average Pay Raise in Guam

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 Salon Manager in Guam is around 8% every 29 months.

The national average pay raise across all professions and industries in Guam 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 ÷ 29 ) × 12  = 3%

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

Annual Pay Raise by Industry in Guam for 2024

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

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

Banking
7%
Energy
5%
Information Technology
3%
Healthcare
1%
Travel
8%
Construction
6%
Education
4%

Salon Manager Bonus and Incentive Rates in Guam

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 Salon Manager is a low bonus based job, with 34% of employees reporting at least one bonus in the last 12 months.

66% 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 4% to 5%.

Received Bonus
34%
No Bonus
66%

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

Public Sector
18,780 USD
Private Sector -15%
16,400 USD

Salaries for Jobs Similar to a Salon Manager

In the table below, we have salary information for jobs that are similar to a Salon Manager in Guam.

Job Title Category Salary
Aromatherapist Fitness / Hair / Beauty 17,860 USD
Art Therapist Fitness / Hair / Beauty 11,040 USD
Assistant Spa Manager Fitness / Hair / Beauty 13,700 USD
Beauty Advisor Fitness / Hair / Beauty 12,120 USD
Beauty Educator Fitness / Hair / Beauty 13,100 USD
Beauty Shop Coordinator Fitness / Hair / Beauty 10,100 USD
Beauty Specialist Fitness / Hair / Beauty 12,620 USD
Beauty Supply Manager Fitness / Hair / Beauty 21,100 USD
Beauty Therapist Fitness / Hair / Beauty 12,620 USD
Cosmetic Sales Fitness / Hair / Beauty 6,760 USD
Cosmetologist Fitness / Hair / Beauty 12,760 USD
Day Spa Manager Fitness / Hair / Beauty 22,660 USD
Esthetician Fitness / Hair / Beauty 5,160 USD
Fitness and Wellness Coordinator Fitness / Hair / Beauty 13,700 USD
Fitness Instructor Fitness / Hair / Beauty 7,800 USD
Grooming Salon Manager Fitness / Hair / Beauty 20,520 USD
Hair Replacement Specialist Fitness / Hair / Beauty 19,480 USD
Hair Stylist Fitness / Hair / Beauty 6,080 USD
Health Coach Fitness / Hair / Beauty 18,780 USD
Health Educator Fitness / Hair / Beauty 18,940 USD
Manicurist and Pedicurist Fitness / Hair / Beauty 6,300 USD
Massage Therapist Fitness / Hair / Beauty 9,440 USD
Masseur Fitness / Hair / Beauty 6,280 USD
Natural Remedy Consultant Fitness / Hair / Beauty 19,220 USD
Naturopath and Acupuncturist Fitness / Hair / Beauty 6,200 USD
Occupational Therapist Fitness / Hair / Beauty 12,020 USD
Occupational Therapy Assistant Fitness / Hair / Beauty 7,620 USD
Physical Therapy Attendant Fitness / Hair / Beauty 5,960 USD
Recreational Therapist Fitness / Hair / Beauty 8,100 USD
Salon Assistant Fitness / Hair / Beauty 7,620 USD
Spa Manager Fitness / Hair / Beauty 20,460 USD
Spa Supervisor Fitness / Hair / Beauty 20,120 USD
Sport and Recreation Manager Fitness / Hair / Beauty 24,800 USD
Tattoo Artist Fitness / Hair / Beauty 6,180 USD
Weight Loss Consultant Fitness / Hair / Beauty 20,460 USD
Yoga Instructor Fitness / Hair / Beauty 15,880 USD

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