Average Solutions Manager Salary in Palau for 2024

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

A Solutions Manager working in Palau will typically earn around 35,300 USD per year, and this can range from the lowest average salary of about 16,340 USD to the highest average salary of 53,160 USD.

Average Annual Salary
35,300 USD
Average Monthly Salary
2,941 USD

Lowest Annual Salary
16,340 USD
Lowest Monthly Salary
1,361 USD

Highest Annual Salary
53,160 USD
Highest Monthly Salary
4,430 USD

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

Solutions 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 Solutions Manager Salaries in Palau

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

Salary ranges

We already know that a Solutions Manager can earn between 16,340 USD and 53,160 USD on average in Palau. 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 Solutions Manager in Palau is 34,120 USD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 34,120 USD, and 50% of the population earn more than 34,120 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 Solutions Manager salary in Palau, 25% of the population are earning less than 22,340 USD while 75% of the population earn more than 22,340 USD.

75% of the population earn less than 47,540 USD, and 25% of the population earn more than 47,540 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.

Solutions Manager Salary by Experience Level in Palau

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 solutions 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 Solutions Manager in Palau that has less than two years of experience can expect to earn somewhere in the region of 19,380 USD.
  • 2 - 5 Years Experience. With two to five years of experience the average Solutions Manager salary would increase to 27,040 USD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Solutions Manager, the average salary would be 34,380 USD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 44,720 USD.
  • 15 - 20 Years Experience. A Solutions Manager with 15 to 20 years of experience can earn an average of 46,040 USD.
  • 20+ Years Experience. For a Solutions Manager with more than 20 years, the expected average salary increases to 50,980 USD.

Average Salary by Experience Chart

0-2 Years
19,380 USD
2-5 Years +29%
27,040 USD
5-10 Years +38%
34,380 USD
10-15 Years +24%
44,720 USD
15-20 Years +7%
46,040 USD
20+ Years +7%
50,980 USD

Solutions Manager Salary by Education Level in Palau

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 Solutions Manager in Palau 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 Solutions Manager in Palau with a high school education can earn an average salary of 27,020 USD.

  • Certificate or Diploma. A Solutions Manager in Palau with a certificate or diploma education can earn an average salary of 30,840 USD.

  • Bachelor's Degree. A Solutions Manager in Palau with a bachelor's degree education can earn an average salary of 40,420 USD.

  • Master's Degree. A Solutions Manager in Palau with a master's degree education can earn an average salary of 49,300 USD.

Average Salary by Education Chart

High School
27,020 USD
Certificate or Diploma +15%
30,840 USD
Bachelor's Degree +35%
40,420 USD
Master's Degree +26%
49,300 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 Palau is around 13,600 to 40,900 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.

Solutions 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 Palau, a male solutions manager will earn an average of 35,260 USD, while a female solutions manager will earn around 31,040 USD.

This means that a male solutions manager earns approximately 14% more than a female solutions manager for performing the same job.

Average Salary by Gender Chart in Palau

Male
35,260 USD
Female -14%
31,040 USD

Solutions Manager Average Pay Raise in Palau

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 Solutions Manager in Palau is around 8% every 28 months.

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

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

Annual Pay Raise by Industry in Palau for 2024

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

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%

Solutions Manager Bonus and Incentive Rates in Palau

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 Solutions Manager is a moderate bonus based job, with 63% of employees reporting at least one bonus in the last 12 months.

37% 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
63%
No Bonus
37%

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 Palau earn approximately 19% more than private sector employees in the same role.

Public Sector
37,200 USD
Private Sector -19%
31,380 USD

Salaries for Jobs Similar to a Solutions Manager

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

Job Title Category Salary
Account Coordinator Executive and Management 31,380 USD
Account Director Executive and Management 35,300 USD
Account Executive Executive and Management 38,260 USD
Account Manager Executive and Management 34,160 USD
Administration Manager Executive and Management 34,380 USD
Administration Officer Executive and Management 16,980 USD
Administration Supervisor Executive and Management 30,220 USD
Administrative Clerk Executive and Management 12,000 USD
Administrative Officer Executive and Management 12,580 USD
Area Director Executive and Management 35,560 USD
Area Manager Executive and Management 35,340 USD
Asset Protection Associate Executive and Management 38,680 USD
Assistant Director Executive and Management 34,380 USD
Assistant General Manager Executive and Management 38,680 USD
Assistant Manager Executive and Management 42,400 USD
Assistant Managing Director Executive and Management 46,280 USD
Assistant Operations Manager Executive and Management 43,080 USD
Assistant Project Manager Executive and Management 38,140 USD
Assistant Section Head Executive and Management 31,960 USD
Assistant to CEO Executive and Management 35,520 USD
Assistant Vice President Executive and Management 40,560 USD
Associate Account Director Executive and Management 39,640 USD
Associate Director Executive and Management 38,140 USD
Bid Manager Executive and Management 43,360 USD
Branch Manager Executive and Management 39,560 USD
Business Development Manager Executive and Management 46,720 USD
Business Operations Associate Executive and Management 36,720 USD
Business Operations Lead Executive and Management 37,800 USD
Campaign Manager Executive and Management 44,140 USD
Catering Coordinator Executive and Management 19,940 USD
Catering Manager Executive and Management 38,140 USD
CEO Executive and Management 71,700 USD
Chairman of The Board Executive and Management 67,800 USD
Chairman Office Manager Executive and Management 45,560 USD
Chief Commercial Officer Executive and Management 51,800 USD
Chief Corporate Officer Executive and Management 58,800 USD
Chief Executive Officer Executive and Management 73,020 USD
Chief Financial Officer Executive and Management 64,920 USD
Chief Investment Officer Executive and Management 55,020 USD
Chief of Staff Executive and Management 31,520 USD
Chief Operating Officer Executive and Management 52,300 USD
Chief Risk Officer Executive and Management 46,400 USD
Client Account Manager Executive and Management 43,220 USD
Client Accounts Officer Executive and Management 35,300 USD
Client Services Manager Executive and Management 45,000 USD
Commercial Director Executive and Management 47,720 USD
Commercial Manager Executive and Management 42,040 USD
Commercial Project Manager Executive and Management 39,960 USD
Commodity Broker Executive and Management 28,900 USD
COO Executive and Management 54,560 USD
Corporate Affairs Executive Executive and Management 45,580 USD
Corporate Compliance Director Executive and Management 46,720 USD
Corporate Director Executive and Management 50,340 USD
Corporate Officer Executive and Management 34,960 USD
Corporate Partnerships Officer Executive and Management 35,300 USD
Country Manager Executive and Management 54,280 USD
Department Head Executive and Management 45,060 USD
Department Manager Executive and Management 40,600 USD
Department Supervisor Executive and Management 39,960 USD
Deputy Director Executive and Management 49,020 USD
Deputy Manager Executive and Management 50,020 USD
Director Executive and Management 56,460 USD
Director of Accreditation Executive and Management 45,620 USD
Director of Catering Services Executive and Management 43,520 USD
Director of Client Services Executive and Management 46,720 USD
Director of Facilities Management Executive and Management 39,960 USD
Director of Operations Executive and Management 47,720 USD
Director of Process Simplification Executive and Management 37,740 USD
Director of Product Management Executive and Management 45,260 USD
Director of Project Management Executive and Management 48,760 USD
Director of Revenue Management Executive and Management 42,040 USD
Director of Training and Development Executive and Management 48,820 USD
Distribution Manager Executive and Management 46,880 USD
Division Manager Executive and Management 44,180 USD
Duty Manager Executive and Management 40,600 USD
Engagement Manager Executive and Management 50,520 USD
Executive Director Executive and Management 65,920 USD
Executive Manager Executive and Management 60,480 USD
Franchise Manager Executive and Management 61,580 USD
General Manager Executive and Management 57,080 USD
Global Master Data Manager Executive and Management 51,100 USD
Global Technical Lead Executive and Management 32,420 USD
Head of Investment Executive and Management 46,880 USD
Head of Middle Office Executive and Management 43,260 USD
Head of Projects Executive and Management 45,720 USD
Head of Strategy Executive and Management 56,880 USD
Head of Supply Chain Executive and Management 41,820 USD
Head of Sustainability Executive and Management 37,800 USD
Housing Manager Executive and Management 39,640 USD
HSE Manager Executive and Management 39,640 USD
Key Account Manager Executive and Management 42,460 USD
Knowledge Manager Executive and Management 45,260 USD
Location Manager Executive and Management 44,800 USD
Logistics Executive Executive and Management 38,060 USD
Logistics Manager Executive and Management 36,720 USD
Management Consultant Executive and Management 36,700 USD
Management Executive Executive and Management 48,300 USD
Manager Executive and Management 45,580 USD
Managing Director Executive and Management 58,440 USD
MIS Executive Executive and Management 47,540 USD
Ocean Services Manager Executive and Management 49,020 USD
Operational Manager Executive and Management 47,580 USD
Operations Analyst Executive and Management 42,460 USD
Operations Assistant Executive and Management 34,360 USD
Operations Director Executive and Management 50,560 USD
Operations Executive Executive and Management 50,340 USD
Operations Manager Executive and Management 50,980 USD
Operations Supervisor Executive and Management 41,480 USD
Planning Director Executive and Management 50,660 USD
PMO Manager Executive and Management 44,720 USD
Policy Administration Executive Executive and Management 43,480 USD
Private Sector Executive Executive and Management 43,340 USD
Product Development Manager Executive and Management 48,200 USD
Product Executive Executive and Management 41,660 USD
Production Executive Executive and Management 45,260 USD
Production Manager Executive and Management 49,700 USD
Production Supervisor Executive and Management 41,660 USD
Program Director Executive and Management 50,240 USD
Program Manager Executive and Management 53,120 USD
Programme Coordinator Executive and Management 34,480 USD
Project Control Manager Executive and Management 48,920 USD
Project Coordinator Executive and Management 26,860 USD
Project Management Officer Executive and Management 36,940 USD
Project Manager Executive and Management 37,740 USD
Project Portfolio Manager Executive and Management 38,060 USD
Quality Manager Executive and Management 39,800 USD
R/D Director Executive and Management 42,960 USD
Regional Director Executive and Management 63,480 USD
Regional Manager Executive and Management 49,700 USD
Relationship Manager Executive and Management 49,820 USD
Retail District Manager Executive and Management 34,360 USD
Revenue Manager Executive and Management 37,740 USD
Risk and Capital Manager Executive and Management 53,380 USD
Risk Officer Executive and Management 39,640 USD
Safety Manager Executive and Management 35,420 USD
Section Head Executive and Management 38,260 USD
Service Manager Executive and Management 39,640 USD
Shift Supervisor Executive and Management 30,840 USD
Supervisor Executive and Management 31,540 USD
Supply Chain Manager Executive and Management 49,820 USD
Surveyor Executive and Management 34,960 USD
Technical Director Executive and Management 48,340 USD
Technical Manager Executive and Management 45,000 USD
Territory Manager Executive and Management 48,340 USD
Validation Manager Executive and Management 44,180 USD
Vice President Executive and Management 55,320 USD
Zone Manager Executive and Management 52,180 USD

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