Average Store Planner Salary in Vanuatu for 2024

In this article, we will look at the average Store Planner salary for 2024 in Vanuatu 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 Vanuatu vatu. To keep things simple, we are using the VUV currency code instead of the currency symbol Vt.

How Much Does a Store Planner Make in Vanuatu?

A Store Planner working in Vanuatu will typically earn around 691,200 VUV per year, and this can range from the lowest average salary of about 371,100 VUV to the highest average salary of 1,041,900 VUV.

Average Annual Salary
691,200 VUV
Average Monthly Salary
57,600 VUV

Lowest Annual Salary
371,100 VUV
Lowest Monthly Salary
30,925 VUV

Highest Annual Salary
1,041,900 VUV
Highest Monthly Salary
86,825 VUV

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

Store Planner 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 Store Planner Salaries in Vanuatu

So we've looked at the average salaries a Store Planner will earn in Vanuatu. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Store Planner can earn between 371,100 VUV and 1,041,900 VUV on average in Vanuatu. 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 Store Planner in Vanuatu is 633,300 VUV. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 633,300 VUV, and 50% of the population earn more than 633,300 VUV.

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 Store Planner salary in Vanuatu, 25% of the population are earning less than 454,300 VUV while 75% of the population earn more than 454,300 VUV.

75% of the population earn less than 772,700 VUV, and 25% of the population earn more than 772,700 VUV.

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.

Store Planner Salary by Experience Level in Vanuatu

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 store planner 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 Store Planner in Vanuatu that has less than two years of experience can expect to earn somewhere in the region of 431,300 VUV.
  • 2 - 5 Years Experience. With two to five years of experience the average Store Planner salary would increase to 545,300 VUV.
  • 5 - 10 Years Experience. From five to ten years of experience as a Store Planner, the average salary would be 721,600 VUV.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 848,200 VUV.
  • 15 - 20 Years Experience. A Store Planner with 15 to 20 years of experience can earn an average of 938,700 VUV.
  • 20+ Years Experience. For a Store Planner with more than 20 years, the expected average salary increases to 999,500 VUV.

Average Salary by Experience Chart

0-2 Years
431,300 VUV
2-5 Years +26%
545,300 VUV
5-10 Years +32%
721,600 VUV
10-15 Years +18%
848,200 VUV
15-20 Years +11%
938,700 VUV
20+ Years +6%
999,500 VUV

Store Planner Salary by Education Level in Vanuatu

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 Store Planner in Vanuatu 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 Store Planner in Vanuatu with a high school education can earn an average salary of 525,700 VUV.

  • Certificate or Diploma. A Store Planner in Vanuatu with a certificate or diploma education can earn an average salary of 592,200 VUV.

  • Bachelor's Degree. A Store Planner in Vanuatu with a bachelor's degree education can earn an average salary of 780,600 VUV.

  • Master's Degree. A Store Planner in Vanuatu with a master's degree education can earn an average salary of 970,200 VUV.

Average Salary by Education Chart

High School
525,700 VUV
Certificate or Diploma +13%
592,200 VUV
Bachelor's Degree +32%
780,600 VUV
Master's Degree +24%
970,200 VUV

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 Vanuatu is around 495,000 to 1,490,000 VUV 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.

Store Planner 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 Vanuatu, a male store planner will earn an average of 714,300 VUV, while a female store planner will earn around 656,800 VUV.

This means that a male store planner earns approximately 9% more than a female store planner for performing the same job.

Average Salary by Gender Chart in Vanuatu

Male
714,300 VUV
Female -9%
656,800 VUV

Store Planner Average Pay Raise in Vanuatu

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 Store Planner in Vanuatu is around 8% every 27 months.

The national average pay raise across all professions and industries in Vanuatu 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 ÷ 27 ) × 12  = 4%

What this means is that a Store Planner in Vanuatu can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Vanuatu for 2024

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

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

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

Store Planner Bonus and Incentive Rates in Vanuatu

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 Store Planner is a low bonus based job, with 7% of employees reporting at least one bonus in the last 12 months.

93% 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
7%
No Bonus
93%

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 Vanuatu earn approximately 17% more than private sector employees in the same role.

Public Sector
1,296,900 VUV
Private Sector -17%
1,105,600 VUV

Salaries for Jobs Similar to a Store Planner

In the table below, we have salary information for jobs that are similar to a Store Planner in Vanuatu.

Job Title Category Salary
Assistant Business Development Manager Business Planning 1,560,800 VUV
Assistant Merchandise Planner Business Planning 918,500 VUV
Business Advisor Business Planning 1,570,900 VUV
Business Analyst Business Planning 1,450,700 VUV
Business Consultant Business Planning 1,464,200 VUV
Business Continuity Associate Business Planning 929,700 VUV
Business Developer Business Planning 913,400 VUV
Business Development Analyst Business Planning 1,062,500 VUV
Business Development Associate Business Planning 744,600 VUV
Business Development Coordinator Business Planning 860,300 VUV
Business Development Director Business Planning 2,136,200 VUV
Business Development Engineer Business Planning 1,224,800 VUV
Business Development Executive Business Planning 1,500,800 VUV
Business Development Manager Business Planning 1,825,000 VUV
Business Development Specialist Business Planning 1,440,700 VUV
Business Manager Business Planning 1,751,700 VUV
Business Operations Specialist Business Planning 1,476,700 VUV
Business Process Writer Business Planning 874,300 VUV
Business Systems Analyst Business Planning 1,450,700 VUV
Capacity Planner Business Planning 1,015,500 VUV
Capacity Planning Supervisor Business Planning 1,405,700 VUV
Change Communications Analyst Business Planning 1,405,700 VUV
Change Control Analyst Business Planning 1,345,400 VUV
Change Impact Analyst Business Planning 1,405,700 VUV
Contracts Executive Business Planning 1,500,800 VUV
Corporate Strategy Analyst Business Planning 1,547,500 VUV
Cost Control Engineer Business Planning 953,300 VUV
Cost Controller Business Planning 1,112,300 VUV
Cost Estimator Business Planning 1,004,500 VUV
Data Executive Business Planning 736,700 VUV
Data Manager Business Planning 1,110,500 VUV
Data Processing Manager Business Planning 1,306,100 VUV
Development Researcher Business Planning 1,112,300 VUV
Director of Business Development Business Planning 2,026,800 VUV
Director of Production Planning Business Planning 1,741,800 VUV
Due Diligence Analyst Business Planning 1,547,500 VUV
Estimating Manager Business Planning 1,668,900 VUV
General Manager Business Planning 1,765,300 VUV
Incident Handler Business Planning 1,031,200 VUV
Incident Specialist Business Planning 1,306,100 VUV
Lean Consultant Business Planning 1,091,600 VUV
Manager Business Planning 2,038,500 VUV
Marketing and Business Development Manager Business Planning 1,728,900 VUV
Materials Planner Business Planning 627,900 VUV
Merchandise Assistant Business Planning 658,300 VUV
Merchandise Controller Business Planning 615,700 VUV
Merchandise Planner Business Planning 649,700 VUV
Operations Analyst Business Planning 1,320,500 VUV
Operations Manager Business Planning 1,537,500 VUV
Operations Research Analyst Business Planning 926,000 VUV
Planning and Reporting Manager Business Planning 1,583,700 VUV
Planning Director Business Planning 2,003,200 VUV
Project Administrator Business Planning 938,100 VUV
Project Manager Business Planning 1,487,200 VUV
Project Planner Business Planning 938,700 VUV
Research Assistant Business Planning 838,100 VUV
Research Engineer Business Planning 946,800 VUV
Research Officer Business Planning 774,200 VUV
Risk Management Specialist Business Planning 1,405,700 VUV
Scholarship Coordinator Business Planning 727,400 VUV
Strategy Director Business Planning 1,967,000 VUV
Top Research and Development Executive Business Planning 2,184,900 VUV

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