Average Shopping Center Manager Salary in Aruba for 2024

In this article, we will look at the average Shopping Center Manager salary for 2024 in Aruba 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 Aruban florin. To keep things simple, we are using the AWG currency code instead of the currency symbol ฦ’.

How Much Does a Shopping Center Manager Make in Aruba?

A Shopping Center Manager working in Aruba will typically earn around 52,380 AWG per year, and this can range from the lowest average salary of about 26,660 AWG to the highest average salary of 80,840 AWG.

Average Annual Salary
52,380 AWG
Average Monthly Salary
4,365 AWG

Lowest Annual Salary
26,660 AWG
Lowest Monthly Salary
2,221 AWG

Highest Annual Salary
80,840 AWG
Highest Monthly Salary
6,736 AWG

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

Shopping Center 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 Shopping Center Manager Salaries in Aruba

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

Salary ranges

We already know that a Shopping Center Manager can earn between 26,660 AWG and 80,840 AWG on average in Aruba. 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 Shopping Center Manager in Aruba is 50,340 AWG. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 50,340 AWG, and 50% of the population earn more than 50,340 AWG.

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 Shopping Center Manager salary in Aruba, 25% of the population are earning less than 34,360 AWG while 75% of the population earn more than 34,360 AWG.

75% of the population earn less than 63,500 AWG, and 25% of the population earn more than 63,500 AWG.

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.

Shopping Center Manager Salary by Experience Level in Aruba

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 shopping center 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 Shopping Center Manager in Aruba that has less than two years of experience can expect to earn somewhere in the region of 29,600 AWG.
  • 2 - 5 Years Experience. With two to five years of experience the average Shopping Center Manager salary would increase to 41,560 AWG.
  • 5 - 10 Years Experience. From five to ten years of experience as a Shopping Center Manager, the average salary would be 53,160 AWG.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 67,560 AWG.
  • 15 - 20 Years Experience. A Shopping Center Manager with 15 to 20 years of experience can earn an average of 70,880 AWG.
  • 20+ Years Experience. For a Shopping Center Manager with more than 20 years, the expected average salary increases to 77,400 AWG.

Average Salary by Experience Chart

0-2 Years
29,600 AWG
2-5 Years +34%
41,560 AWG
5-10 Years +30%
53,160 AWG
10-15 Years +21%
67,560 AWG
15-20 Years +9%
70,880 AWG
20+ Years +5%
77,400 AWG

Shopping Center Manager Salary by Education Level in Aruba

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 Shopping Center Manager in Aruba 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 Shopping Center Manager in Aruba with a high school education can earn an average salary of 39,160 AWG.

  • Certificate or Diploma. A Shopping Center Manager in Aruba with a certificate or diploma education can earn an average salary of 43,340 AWG.

  • Bachelor's Degree. A Shopping Center Manager in Aruba with a bachelor's degree education can earn an average salary of 60,180 AWG.

  • Master's Degree. A Shopping Center Manager in Aruba with a master's degree education can earn an average salary of 71,400 AWG.

Average Salary by Education Chart

High School
39,160 AWG
Certificate or Diploma +14%
43,340 AWG
Bachelor's Degree +41%
60,180 AWG
Master's Degree +21%
71,400 AWG

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 Aruba is around 11,300 to 33,900 AWG 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.

Shopping Center 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 Aruba, a male shopping center manager will earn an average of 54,560 AWG, while a female shopping center manager will earn around 49,020 AWG.

This means that a male shopping center manager earns approximately 11% more than a female shopping center manager for performing the same job.

Average Salary by Gender Chart in Aruba

Male
54,560 AWG
Female -11%
49,020 AWG

Shopping Center Manager Average Pay Raise in Aruba

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 Shopping Center Manager in Aruba is around 9% every 30 months.

The national average pay raise across all professions and industries in Aruba 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 ÷ 30 ) × 12  = 4%

What this means is that a Shopping Center Manager in Aruba can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Aruba for 2024

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

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

Banking
3%
Energy
6%
Information Technology
9%
Healthcare
3%
Travel
6%
Construction
9%
Education
3%

Shopping Center Manager Bonus and Incentive Rates in Aruba

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 Shopping Center Manager is a moderate bonus based job, with 62% of employees reporting at least one bonus in the last 12 months.

38% 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 8%.

Received Bonus
62%
No Bonus
38%

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

Public Sector
27,480 AWG
Private Sector -14%
24,200 AWG

Salaries for Jobs Similar to a Shopping Center Manager

In the table below, we have salary information for jobs that are similar to a Shopping Center Manager in Aruba.

Job Title Category Salary
Acquisition Associate Real Estate 21,980 AWG
Assistant Leasing Manager Real Estate 27,480 AWG
Assistant Property Manager Real Estate 31,940 AWG
Brokerage Real Estate 22,420 AWG
Brokerage Clerk Real Estate 12,180 AWG
Commercial Leasing Manager Real Estate 46,980 AWG
Commercial Real Estate Manager Real Estate 50,020 AWG
Community Development Manager Real Estate 45,560 AWG
Compliance Specialist Real Estate 24,840 AWG
Development Coordinator Real Estate 23,500 AWG
Director of Real Estate Real Estate 53,120 AWG
Lease Administrator Real Estate 27,020 AWG
Leasing Agent Real Estate 23,700 AWG
Leasing Consultant Real Estate 30,800 AWG
Leasing Manager Real Estate 29,600 AWG
Lettings Assistant Real Estate 9,940 AWG
Portfolio Analyst Real Estate 40,240 AWG
Portfolio Manager Real Estate 55,140 AWG
Property Acquisition Agent Real Estate 19,940 AWG
Property and Claims Specialist Real Estate 26,660 AWG
Property Manager Real Estate 33,520 AWG
Property Operations Manager Real Estate 48,740 AWG
Property Tax Assistant Real Estate 21,980 AWG
Real Estate Administrator Real Estate 24,860 AWG
Real Estate Agent Real Estate 24,820 AWG
Real Estate Analyst Real Estate 31,340 AWG
Real Estate Appraiser Real Estate 22,400 AWG
Real Estate Appraiser Real Estate 24,800 AWG
Real Estate Appraiser Real Estate 26,080 AWG
Real Estate Assistant Real Estate 24,280 AWG
Real Estate Association Manager Real Estate 31,380 AWG
Real Estate Broker Real Estate 22,540 AWG
Real Estate General Manager Real Estate 49,020 AWG
Real Estate Project Director Real Estate 47,720 AWG
Real Estate Project Manager Real Estate 42,040 AWG
Real Estate Sales Agent Real Estate 22,400 AWG
Real Estate Valuer Real Estate 27,040 AWG
Research Analyst Real Estate 22,540 AWG
Residential Advisor Real Estate 26,100 AWG
Residential Property Manager Real Estate 34,980 AWG
Town Planner Real Estate 51,400 AWG

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