Average Shift Encapsulator Salary in Maldives for 2024

In this article, we will look at the average Shift Encapsulator salary for 2024 in Maldives 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 Maldivian rufiyaa. To keep things simple, we are using the MVR currency code instead of the currency symbol .Þƒ.

How Much Does a Shift Encapsulator Make in Maldives?

A Shift Encapsulator working in Maldives will typically earn around 185,100 MVR per year, and this can range from the lowest average salary of about 98,820 MVR to the highest average salary of 281,500 MVR.

Average Annual Salary
185,100 MVR
Average Monthly Salary
15,425 MVR

Lowest Annual Salary
98,820 MVR
Lowest Monthly Salary
8,235 MVR

Highest Annual Salary
281,500 MVR
Highest Monthly Salary
23,458 MVR

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

Shift Encapsulator 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 Shift Encapsulator Salaries in Maldives

So we've looked at the average salaries a Shift Encapsulator will earn in Maldives. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Shift Encapsulator can earn between 98,820 MVR and 281,500 MVR on average in Maldives. 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 Shift Encapsulator in Maldives is 172,200 MVR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 172,200 MVR, and 50% of the population earn more than 172,200 MVR.

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 Shift Encapsulator salary in Maldives, 25% of the population are earning less than 123,400 MVR while 75% of the population earn more than 123,400 MVR.

75% of the population earn less than 212,500 MVR, and 25% of the population earn more than 212,500 MVR.

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.

Shift Encapsulator Salary by Experience Level in Maldives

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 shift encapsulator 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 Shift Encapsulator in Maldives that has less than two years of experience can expect to earn somewhere in the region of 112,660 MVR.
  • 2 - 5 Years Experience. With two to five years of experience the average Shift Encapsulator salary would increase to 139,100 MVR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Shift Encapsulator, the average salary would be 196,800 MVR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 227,600 MVR.
  • 15 - 20 Years Experience. A Shift Encapsulator with 15 to 20 years of experience can earn an average of 253,400 MVR.
  • 20+ Years Experience. For a Shift Encapsulator with more than 20 years, the expected average salary increases to 266,000 MVR.

Average Salary by Experience Chart

0-2 Years
112,660 MVR
2-5 Years +23%
139,100 MVR
5-10 Years +42%
196,800 MVR
10-15 Years +17%
227,600 MVR
15-20 Years +10%
253,400 MVR
20+ Years +6%
266,000 MVR

Shift Encapsulator Salary by Education Level in Maldives

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.

The data we have below is combined across all professions. To view the most accurate data possible, you can select a specific job from the list below.

Employees that have earned a certificate or diploma from a post-secondary program can expect to earn approximately 17% more than those who only completed high school level.

If you have a bachelor's degree, you can expect to earn approximately 25% more than those who only completed to a certificate or diploma level.

For professionals reaching the master's degree level, your salary would be around 30% higher than those with a bachelor's degree.

If you are able to achieve a PhD, you can expect to earn approximately 22% more than those with a master's degree for the same job role.

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 Maldives is around 95,600 to 287,000 MVR 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.

Shift Encapsulator 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 Maldives, a male shift encapsulator will earn an average of 191,600 MVR, while a female shift encapsulator will earn around 172,200 MVR.

This means that a male shift encapsulator earns approximately 11% more than a female shift encapsulator for performing the same job.

Average Salary by Gender Chart in Maldives

Male
191,600 MVR
Female -11%
172,200 MVR

Shift Encapsulator Average Pay Raise in Maldives

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 Shift Encapsulator in Maldives is around 6% every 29 months.

The national average pay raise across all professions and industries in Maldives 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 = ( 6 ÷ 29 ) × 12  = 2%

What this means is that a Shift Encapsulator in Maldives can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Maldives for 2024

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

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%

Shift Encapsulator Bonus and Incentive Rates in Maldives

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 Shift Encapsulator is a low bonus based job, with 9% of employees reporting at least one bonus in the last 12 months.

91% 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 3%.

Received Bonus
9%
No Bonus
91%

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 Maldives earn approximately 8% more than private sector employees in the same role.

Public Sector
237,400 MVR
Private Sector -8%
218,900 MVR

Salaries for Jobs Similar to a Shift Encapsulator

In the table below, we have salary information for jobs that are similar to a Shift Encapsulator in Maldives.

Job Title Category Salary
Assistant Pharmacist Pharmaceutical and Biotechnology 194,600 MVR
Assistant Pharmacy Director Pharmaceutical and Biotechnology 351,900 MVR
Associate Medical Affairs Director Pharmaceutical and Biotechnology 499,300 MVR
Bioinformatics Scientist Pharmaceutical and Biotechnology 455,400 MVR
Bioinformatics Technician Pharmaceutical and Biotechnology 215,100 MVR
Biological Scientist Pharmaceutical and Biotechnology 471,700 MVR
Biological Technician Pharmaceutical and Biotechnology 207,700 MVR
Biomedical Engineer Pharmaceutical and Biotechnology 196,800 MVR
Biomedical Engineering Director Pharmaceutical and Biotechnology 390,000 MVR
Biostatistician Pharmaceutical and Biotechnology 294,700 MVR
Biotechnologist Pharmaceutical and Biotechnology 301,800 MVR
Biotechnology Lead Data Manager Pharmaceutical and Biotechnology 245,300 MVR
Chemical Process Technician Pharmaceutical and Biotechnology 221,500 MVR
Clinical Consultant Pharmaceutical and Biotechnology 315,700 MVR
Clinical Data Manager Pharmaceutical and Biotechnology 296,000 MVR
Clinical Data Specialist Pharmaceutical and Biotechnology 281,500 MVR
Clinical Informatics Specialist Pharmaceutical and Biotechnology 221,500 MVR
Clinical Operations Manager Pharmaceutical and Biotechnology 444,300 MVR
Clinical Pharmacist Pharmaceutical and Biotechnology 308,300 MVR
Clinical Pharmacy Specialist Pharmaceutical and Biotechnology 366,200 MVR
Clinical Programmer Pharmaceutical and Biotechnology 154,700 MVR
Clinical Project Manager Pharmaceutical and Biotechnology 281,500 MVR
Clinical Research Associate Pharmaceutical and Biotechnology 258,400 MVR
Clinical Research Manager Pharmaceutical and Biotechnology 433,800 MVR
Clinical Study Manager Pharmaceutical and Biotechnology 367,900 MVR
Compliance Specialist Pharmaceutical and Biotechnology 309,800 MVR
Cytology Laboratory Technologist Pharmaceutical and Biotechnology 232,900 MVR
Cytotechnologist Pharmaceutical and Biotechnology 238,900 MVR
GCP Auditor Pharmaceutical and Biotechnology 257,700 MVR
Hospital Pharmacy Technician Pharmaceutical and Biotechnology 237,400 MVR
Manufacturing Engineer Pharmaceutical and Biotechnology 245,300 MVR
Medical Affairs Director Pharmaceutical and Biotechnology 472,100 MVR
Medical Representative Pharmaceutical and Biotechnology 196,800 MVR
Medical Science Liaison Pharmaceutical and Biotechnology 340,400 MVR
Molecular and Cellular Biologist Pharmaceutical and Biotechnology 472,000 MVR
Nuclear Pharmacist Pharmaceutical and Biotechnology 312,400 MVR
Pharmaceutical Manager Pharmaceutical and Biotechnology 533,000 MVR
Pharmaceutical Manufacturing Lead Pharmaceutical and Biotechnology 544,800 MVR
Pharmaceutical Operations Excellence Manager Pharmaceutical and Biotechnology 485,300 MVR
Pharmaceutical Process Engineer Pharmaceutical and Biotechnology 288,100 MVR
Pharmaceutical Production Assistant Manager Pharmaceutical and Biotechnology 322,600 MVR
Pharmaceutical Project Manager Pharmaceutical and Biotechnology 327,300 MVR
Pharmaceutical Quality Auditor Pharmaceutical and Biotechnology 319,600 MVR
Pharmaceutical Regulatory Affairs Assistant Pharmaceutical and Biotechnology 243,000 MVR
Pharmaceutical Regulatory Affairs Manager Pharmaceutical and Biotechnology 341,900 MVR
Pharmaceutical Regulatory Affairs Specialist Pharmaceutical and Biotechnology 267,100 MVR
Pharmaceutical Representative Pharmaceutical and Biotechnology 207,800 MVR
Pharmaceutical Research Associate Pharmaceutical and Biotechnology 301,800 MVR
Pharmaceutical Research Scientist Pharmaceutical and Biotechnology 464,900 MVR
Pharmaceutical Researcher Pharmaceutical and Biotechnology 420,800 MVR
Pharmaceutical Sales and Marketing Manager Pharmaceutical and Biotechnology 348,300 MVR
Pharmaceutical Sales Manager Pharmaceutical and Biotechnology 420,100 MVR
Pharmaceutical Sales Representative Pharmaceutical and Biotechnology 204,700 MVR
Pharmaceutical Supply Chain Manager Pharmaceutical and Biotechnology 450,300 MVR
Pharmaceutical Team Leader Pharmaceutical and Biotechnology 341,400 MVR
Pharmaceutical Technologist Pharmaceutical and Biotechnology 216,800 MVR
Pharmacist Pharmaceutical and Biotechnology 307,400 MVR
Pharmacy Aide Pharmaceutical and Biotechnology 194,600 MVR
Pharmacy Manager Pharmaceutical and Biotechnology 401,300 MVR
Pharmacy Stock Controller Pharmaceutical and Biotechnology 180,500 MVR
Pharmacy Technician Pharmaceutical and Biotechnology 183,600 MVR
Records Management Coordinator Pharmaceutical and Biotechnology 163,800 MVR
Staff Pharmacist Pharmaceutical and Biotechnology 305,600 MVR

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