Average Supply Planner Salary in Solomon Islands for 2024

In this article, we will look at the average Supply Planner 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 Supply Planner Make in Solomon Islands?

A Supply Planner working in Solomon Islands will typically earn around 64,200 SBD per year, and this can range from the lowest average salary of about 31,340 SBD to the highest average salary of 101,120 SBD.

Average Annual Salary
64,200 SBD
Average Monthly Salary
5,350 SBD

Lowest Annual Salary
31,340 SBD
Lowest Monthly Salary
2,611 SBD

Highest Annual Salary
101,120 SBD
Highest Monthly Salary
8,426 SBD

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

Supply 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 Supply Planner Salaries in Solomon Islands

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

Salary ranges

We already know that a Supply Planner can earn between 31,340 SBD and 101,120 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 Supply Planner in Solomon Islands is 69,240 SBD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 69,240 SBD, and 50% of the population earn more than 69,240 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 Supply Planner salary in Solomon Islands, 25% of the population are earning less than 42,960 SBD while 75% of the population earn more than 42,960 SBD.

75% of the population earn less than 88,600 SBD, and 25% of the population earn more than 88,600 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.

Supply Planner 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 supply 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 Supply Planner in Solomon Islands that has less than two years of experience can expect to earn somewhere in the region of 36,020 SBD.
  • 2 - 5 Years Experience. With two to five years of experience the average Supply Planner salary would increase to 50,180 SBD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Supply Planner, the average salary would be 67,120 SBD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 85,940 SBD.
  • 15 - 20 Years Experience. A Supply Planner with 15 to 20 years of experience can earn an average of 91,320 SBD.
  • 20+ Years Experience. For a Supply Planner with more than 20 years, the expected average salary increases to 99,560 SBD.

Average Salary by Experience Chart

0-2 Years
36,020 SBD
2-5 Years +42%
50,180 SBD
5-10 Years +31%
67,120 SBD
10-15 Years +23%
85,940 SBD
15-20 Years +6%
91,320 SBD
20+ Years +10%
99,560 SBD

Supply Planner 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 Supply Planner 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.

  • High School. A Supply Planner in Solomon Islands with a high school education can earn an average salary of 45,620 SBD.

  • Certificate or Diploma. A Supply Planner in Solomon Islands with a certificate or diploma education can earn an average salary of 51,800 SBD.

  • Bachelor's Degree. A Supply Planner in Solomon Islands with a bachelor's degree education can earn an average salary of 78,940 SBD.

  • Master's Degree. A Supply Planner in Solomon Islands with a master's degree education can earn an average salary of 96,220 SBD.

Average Salary by Education Chart

High School
45,620 SBD
Certificate or Diploma +16%
51,800 SBD
Bachelor's Degree +46%
78,940 SBD
Master's Degree +23%
96,220 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.

Supply 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 Solomon Islands, a male supply planner will earn an average of 66,960 SBD, while a female supply planner will earn around 64,720 SBD.

This means that a male supply planner earns approximately 3% more than a female supply planner for performing the same job.

Average Salary by Gender Chart in Solomon Islands

Male
66,960 SBD
Female -3%
64,720 SBD

Supply Planner 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 Supply Planner in Solomon Islands is around 5% every 30 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 ÷ 30 ) × 12  = 2%

What this means is that a Supply Planner 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%

Supply Planner 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 Supply Planner is a low bonus based job, with 39% of employees reporting at least one bonus in the last 12 months.

61% 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 3% to 6%.

Received Bonus
39%
No Bonus
61%

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 Supply Planner

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

Job Title Category Salary
Asset Management Associate Purchasing and Inventory 61,180 SBD
Asset Protection Associate Purchasing and Inventory 60,020 SBD
Asset Protection Specialist Purchasing and Inventory 69,400 SBD
Assistant Buyer Purchasing and Inventory 56,140 SBD
Buyer Purchasing and Inventory 97,300 SBD
Capacity Planner Purchasing and Inventory 70,700 SBD
Category Leader Purchasing and Inventory 65,080 SBD
Category Management Specialist Purchasing and Inventory 68,580 SBD
Category Manager Purchasing and Inventory 75,500 SBD
Channel Services Representative Purchasing and Inventory 66,680 SBD
Contracts Manager Purchasing and Inventory 80,480 SBD
Contracts Specialist Purchasing and Inventory 66,480 SBD
Demand Planner Purchasing and Inventory 74,540 SBD
Demand Planning Manager Purchasing and Inventory 80,280 SBD
Distribution Assistant Purchasing and Inventory 53,160 SBD
Distribution Associate Purchasing and Inventory 56,880 SBD
Distribution Manager Purchasing and Inventory 127,700 SBD
Inventory Analyst Purchasing and Inventory 63,700 SBD
Inventory Control Clerk Purchasing and Inventory 35,340 SBD
Inventory Control Manager Purchasing and Inventory 87,880 SBD
Inventory Management Associate Purchasing and Inventory 67,560 SBD
Inventory Specialist Purchasing and Inventory 66,480 SBD
Logistics Engineer Purchasing and Inventory 54,500 SBD
Master Planner Purchasing and Inventory 58,280 SBD
Material Handler Purchasing and Inventory 39,160 SBD
Material Planning Specialist Purchasing and Inventory 51,120 SBD
Merchandise Manager Purchasing and Inventory 78,960 SBD
Procurement Administrator Purchasing and Inventory 77,620 SBD
Procurement Agent Purchasing and Inventory 51,340 SBD
Procurement Analyst Purchasing and Inventory 78,120 SBD
Procurement Assistant Purchasing and Inventory 49,820 SBD
Procurement Associate Purchasing and Inventory 71,020 SBD
Procurement Clerk Purchasing and Inventory 32,020 SBD
Procurement Engineer Purchasing and Inventory 63,700 SBD
Procurement Manager Purchasing and Inventory 129,000 SBD
Procurement Officer Purchasing and Inventory 31,080 SBD
Procurement Process Analyst Purchasing and Inventory 72,740 SBD
Procurement Specialist Purchasing and Inventory 59,000 SBD
Production Planner Purchasing and Inventory 66,120 SBD
Project Buyer Purchasing and Inventory 80,580 SBD
Purchaser Purchasing and Inventory 99,340 SBD
Purchasing Agent Purchasing and Inventory 53,860 SBD
Purchasing Assistant Purchasing and Inventory 35,520 SBD
Purchasing Manager Purchasing and Inventory 128,900 SBD
Purchasing Officer Purchasing and Inventory 58,240 SBD
Purchasing Supervisor Purchasing and Inventory 85,440 SBD
Shipping and Receiving Clerk Purchasing and Inventory 30,220 SBD
Shipping Coordinator Purchasing and Inventory 61,620 SBD
Stock Clerk Purchasing and Inventory 37,200 SBD
Stock Regulator Purchasing and Inventory 38,260 SBD
Storage Manager Purchasing and Inventory 77,120 SBD
Store Keeper Purchasing and Inventory 31,040 SBD
Stores and Logistics Coordinator Purchasing and Inventory 63,400 SBD
Supply Chain Analyst Purchasing and Inventory 94,380 SBD
Supply Chain Coordinator Purchasing and Inventory 68,580 SBD
Supply Chain Development Manager Purchasing and Inventory 124,400 SBD
Supply Chain Director Purchasing and Inventory 142,300 SBD
Supply Chain Manager Purchasing and Inventory 128,900 SBD
Warehouse Assistant Purchasing and Inventory 25,440 SBD
Warehouse Clerk Purchasing and Inventory 29,040 SBD
Warehouse Executive Purchasing and Inventory 110,380 SBD
Warehouse Lead Purchasing and Inventory 74,620 SBD
Warehouse Manager Purchasing and Inventory 112,280 SBD
Warehouse Supervisor Purchasing and Inventory 79,280 SBD
Wholesale Buyer Purchasing and Inventory 97,460 SBD

Link To or Reference This Page

We spend a lot of time collecting, cleaning, merging, and formatting the data that is shown on the site to be as useful to you as possible.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference World Salaries as the source. We appreciate your support!

  • "Average Supply Planner Salary in Solomon Islands for 2024". World Salaries. Accessed on March 28, 2024. https://worldsalaries.com/average-supply-planner-salary-in-solomon-islands/.

  • "Average Supply Planner Salary in Solomon Islands for 2024". World Salaries, https://worldsalaries.com/average-supply-planner-salary-in-solomon-islands/. Accessed 28 March, 2024

  • Average Supply Planner Salary in Solomon Islands for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-supply-planner-salary-in-solomon-islands/.