Average Security Systems Installer Salary in Solomon Islands for 2024

In this article, we will look at the average Security Systems Installer salary for 2024 in Solomon 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 Solomon Islands dollar. To keep things simple, we are using the SBD currency code instead of the currency symbol $.

How Much Does a Security Systems Installer Make in Solomon Islands?

A Security Systems Installer working in Solomon Islands will typically earn around 57,320 SBD per year, and this can range from the lowest average salary of about 29,600 SBD to the highest average salary of 86,420 SBD.

Average Annual Salary
57,320 SBD
Average Monthly Salary
4,776 SBD

Lowest Annual Salary
29,600 SBD
Lowest Monthly Salary
2,466 SBD

Highest Annual Salary
86,420 SBD
Highest Monthly Salary
7,201 SBD

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

Security Systems Installer 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 Security Systems Installer Salaries in Solomon Islands

So we've looked at the average salaries a Security Systems Installer will earn in Solomon Islands. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Security Systems Installer can earn between 29,600 SBD and 86,420 SBD on average in Solomon 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 Security Systems Installer in Solomon Islands is 53,840 SBD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 53,840 SBD, and 50% of the population earn more than 53,840 SBD.

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 Security Systems Installer salary in Solomon Islands, 25% of the population are earning less than 36,020 SBD while 75% of the population earn more than 36,020 SBD.

75% of the population earn less than 63,040 SBD, and 25% of the population earn more than 63,040 SBD.

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.

Security Systems Installer Salary by Experience Level in Solomon 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 security systems installer 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 Security Systems Installer in Solomon Islands that has less than two years of experience can expect to earn somewhere in the region of 37,740 SBD.
  • 2 - 5 Years Experience. With two to five years of experience the average Security Systems Installer salary would increase to 45,620 SBD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Security Systems Installer, the average salary would be 58,440 SBD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 69,720 SBD.
  • 15 - 20 Years Experience. A Security Systems Installer with 15 to 20 years of experience can earn an average of 80,180 SBD.
  • 20+ Years Experience. For a Security Systems Installer with more than 20 years, the expected average salary increases to 82,720 SBD.

Average Salary by Experience Chart

0-2 Years
37,740 SBD
2-5 Years +26%
45,620 SBD
5-10 Years +32%
58,440 SBD
10-15 Years +18%
69,720 SBD
15-20 Years +11%
80,180 SBD
20+ Years +6%
82,720 SBD

Security Systems Installer Salary by Education Level in Solomon 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 Security Systems Installer in Solomon Islands 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 Security Systems Installer in Solomon Islands with a certificate or diploma education can earn an average salary of 45,620 SBD.

  • Bachelor's Degree. A Security Systems Installer in Solomon Islands with a bachelor's degree education can earn an average salary of 58,440 SBD.

  • Master's Degree. A Security Systems Installer in Solomon Islands with a master's degree education can earn an average salary of 81,180 SBD.

Average Salary by Education Chart

Certificate or Diploma
45,620 SBD
Bachelor's Degree +32%
58,440 SBD
Master's Degree +37%
81,180 SBD

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 Solomon Islands is around 31,700 to 95,200 SBD 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.

Security Systems Installer 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 Solomon Islands, a male security systems installer will earn an average of 57,820 SBD, while a female security systems installer will earn around 56,880 SBD.

This means that a male security systems installer earns approximately 2% more than a female security systems installer for performing the same job.

Average Salary by Gender Chart in Solomon Islands

Male
57,820 SBD
Female -2%
56,880 SBD

Security Systems Installer Average Pay Raise in Solomon 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 Security Systems Installer in Solomon Islands is around 5% every 31 months.

The national average pay raise across all professions and industries in Solomon 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 = ( 5 ÷ 31 ) × 12  = 2%

What this means is that a Security Systems Installer in Solomon Islands can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Solomon Islands for 2024

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

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

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Security Systems Installer Bonus and Incentive Rates in Solomon 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 Security Systems Installer is a low bonus based job, with 8% of employees reporting at least one bonus in the last 12 months.

92% 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 1% to 2%.

Received Bonus
8%
No Bonus
92%

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 Solomon Islands earn approximately 9% more than private sector employees in the same role.

Public Sector
78,400 SBD
Private Sector -9%
72,120 SBD

Salaries for Jobs Similar to a Security Systems Installer

In the table below, we have salary information for jobs that are similar to a Security Systems Installer in Solomon Islands.

Job Title Category Salary
Accreditation Coordinator Law Enforcement / Security / Fire 60,340 SBD
Accreditation Manager Law Enforcement / Security / Fire 83,900 SBD
Advocate Law Enforcement / Security / Fire 53,600 SBD
Armed Security Officer Law Enforcement / Security / Fire 48,760 SBD
Company Guard Law Enforcement / Security / Fire 28,820 SBD
Control Room Operator Law Enforcement / Security / Fire 22,420 SBD
Correctional Officer Law Enforcement / Security / Fire 42,040 SBD
Criminal Investigator Law Enforcement / Security / Fire 85,020 SBD
Facility Monitor Law Enforcement / Security / Fire 43,360 SBD
Fire Chief Law Enforcement / Security / Fire 78,480 SBD
Fire Dispatcher Law Enforcement / Security / Fire 39,960 SBD
Fire Education Specialist Law Enforcement / Security / Fire 68,060 SBD
Fire Extinguisher Technician Law Enforcement / Security / Fire 24,280 SBD
Fire Fighter Law Enforcement / Security / Fire 40,240 SBD
Fire Inspector Law Enforcement / Security / Fire 69,040 SBD
Fire Investigator Law Enforcement / Security / Fire 71,020 SBD
Fire Prevention Engineer Law Enforcement / Security / Fire 63,040 SBD
Fire Prevention Officer Law Enforcement / Security / Fire 53,320 SBD
Fire Protection Specialist Law Enforcement / Security / Fire 66,580 SBD
Forensic Investigator Law Enforcement / Security / Fire 69,040 SBD
Forensic Science Technician Law Enforcement / Security / Fire 72,260 SBD
Fraud and Forensic Specialist Law Enforcement / Security / Fire 79,120 SBD
Fraud Examiner Law Enforcement / Security / Fire 80,580 SBD
Grants Specialist Law Enforcement / Security / Fire 95,760 SBD
Intellectual Property Associate Law Enforcement / Security / Fire 69,240 SBD
Intelligence Research Specialist Law Enforcement / Security / Fire 112,660 SBD
Investigator Law Enforcement / Security / Fire 74,540 SBD
Jail Officer Law Enforcement / Security / Fire 31,940 SBD
Juvenile Probation Officer Law Enforcement / Security / Fire 51,120 SBD
Juvenile Supervision Officer Law Enforcement / Security / Fire 51,120 SBD
Lock-Smith Law Enforcement / Security / Fire 20,760 SBD
Parole Officer Law Enforcement / Security / Fire 41,900 SBD
Police Captain Law Enforcement / Security / Fire 97,640 SBD
Police Communications Officer Law Enforcement / Security / Fire 57,320 SBD
Police Officer Law Enforcement / Security / Fire 46,840 SBD
Police Patrol Officer Law Enforcement / Security / Fire 38,780 SBD
Prison Officer Law Enforcement / Security / Fire 34,540 SBD
Prisoner Custody Officer Law Enforcement / Security / Fire 26,280 SBD
Private Detective / Investigator Law Enforcement / Security / Fire 82,480 SBD
Security Adviser Law Enforcement / Security / Fire 78,940 SBD
Security Guard Law Enforcement / Security / Fire 20,760 SBD
Security Management Specialist Law Enforcement / Security / Fire 106,760 SBD
Security Manager Law Enforcement / Security / Fire 111,240 SBD
Security Officer Law Enforcement / Security / Fire 27,300 SBD
Security Supervisor Law Enforcement / Security / Fire 62,460 SBD
Security Technician Law Enforcement / Security / Fire 22,400 SBD
Surveillance Operator Law Enforcement / Security / Fire 31,340 SBD
Traffic Controller Law Enforcement / Security / Fire 46,280 SBD

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