Average Telecommunication Product Manager Salary in Vanuatu for 2024

In this article, we will look at the average Telecommunication Product Manager 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 Telecommunication Product Manager Make in Vanuatu?

A Telecommunication Product Manager working in Vanuatu will typically earn around 1,306,100 VUV per year, and this can range from the lowest average salary of about 681,900 VUV to the highest average salary of 2,003,200 VUV.

Average Annual Salary
1,306,100 VUV
Average Monthly Salary
108,841 VUV

Lowest Annual Salary
681,900 VUV
Lowest Monthly Salary
56,825 VUV

Highest Annual Salary
2,003,200 VUV
Highest Monthly Salary
166,933 VUV

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

Telecommunication Product 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 Telecommunication Product Manager Salaries in Vanuatu

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

Salary ranges

We already know that a Telecommunication Product Manager can earn between 681,900 VUV and 2,003,200 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 Telecommunication Product Manager in Vanuatu is 1,259,300 VUV. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 1,259,300 VUV, and 50% of the population earn more than 1,259,300 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 Telecommunication Product Manager salary in Vanuatu, 25% of the population are earning less than 874,300 VUV while 75% of the population earn more than 874,300 VUV.

75% of the population earn less than 1,560,800 VUV, and 25% of the population earn more than 1,560,800 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.

Telecommunication Product Manager 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 telecommunication product 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 Telecommunication Product Manager in Vanuatu that has less than two years of experience can expect to earn somewhere in the region of 772,900 VUV.
  • 2 - 5 Years Experience. With two to five years of experience the average Telecommunication Product Manager salary would increase to 1,038,700 VUV.
  • 5 - 10 Years Experience. From five to ten years of experience as a Telecommunication Product Manager, the average salary would be 1,345,400 VUV.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 1,632,100 VUV.
  • 15 - 20 Years Experience. A Telecommunication Product Manager with 15 to 20 years of experience can earn an average of 1,788,300 VUV.
  • 20+ Years Experience. For a Telecommunication Product Manager with more than 20 years, the expected average salary increases to 1,870,400 VUV.

Average Salary by Experience Chart

0-2 Years
772,900 VUV
2-5 Years +34%
1,038,700 VUV
5-10 Years +30%
1,345,400 VUV
10-15 Years +21%
1,632,100 VUV
15-20 Years +9%
1,788,300 VUV
20+ Years +5%
1,870,400 VUV

Telecommunication Product Manager 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 Telecommunication Product Manager in Vanuatu based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. A Telecommunication Product Manager in Vanuatu with a bachelor's degree education can earn an average salary of 1,089,400 VUV.

  • Master's Degree. A Telecommunication Product Manager in Vanuatu with a master's degree education can earn an average salary of 1,510,400 VUV.

Average Salary by Education Chart

Bachelor's Degree
1,089,400 VUV
Master's Degree +39%
1,510,400 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.

Telecommunication Product 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 Vanuatu, a male telecommunication product manager will earn an average of 1,391,600 VUV, while a female telecommunication product manager will earn around 1,249,900 VUV.

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

Average Salary by Gender Chart in Vanuatu

Male
1,391,600 VUV
Female -11%
1,249,900 VUV

Telecommunication Product Manager 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 Telecommunication Product Manager in Vanuatu is around 7% every 30 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 = ( 7 ÷ 30 ) × 12  = 3%

What this means is that a Telecommunication Product Manager in Vanuatu can expect to receive an average pay raise of around 3% 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%

Telecommunication Product Manager 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 Telecommunication Product Manager is a moderate bonus based job, with 60% of employees reporting at least one bonus in the last 12 months.

40% 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
60%
No Bonus
40%

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 Telecommunication Product Manager

In the table below, we have salary information for jobs that are similar to a Telecommunication Product Manager in Vanuatu.

Job Title Category Salary
Access Operation Team Leader Telecommunication 1,320,500 VUV
Audio Visual Installer Telecommunication 592,200 VUV
Broadband Technician Telecommunication 590,200 VUV
Chief Technology Officer Telecommunication 1,777,700 VUV
Customer Implementation Support Telecommunication 588,500 VUV
Fiber Optic Technician Telecommunication 626,800 VUV
Mobile Data Coordinator Telecommunication 653,200 VUV
OSP Site Supervisor Telecommunication 724,300 VUV
Retention Executive Telecommunication 1,537,500 VUV
RF Engineer Telecommunication 1,102,100 VUV
Sales Director Telecommunication 1,882,700 VUV
Sales Engineer Telecommunication 1,192,500 VUV
Technical Support Engineer Telecommunication 1,069,800 VUV
Telecom Chief Engineer Telecommunication 1,153,300 VUV
Telecom Specialist Telecommunication 1,212,800 VUV
Telecommunication Consultant Telecommunication 1,476,700 VUV
Telecommunication Dispatcher Telecommunication 522,700 VUV
Telecommunication Equipment Engineer Telecommunication 903,500 VUV
Telecommunication Logistics Supervisor Telecommunication 860,300 VUV
Telecommunication Project Coordinator Telecommunication 744,700 VUV
Telecommunication Project Manager Telecommunication 1,380,400 VUV
Telecommunication Service Delivery Manager Telecommunication 1,570,900 VUV
Telecommunication Service Management Coordinator Telecommunication 1,224,800 VUV
Telecommunication Solution Architect Telecommunication 1,369,700 VUV
Telecommunication Surveyor Telecommunication 602,700 VUV
Telecommunication Team Leader Telecommunication 1,129,700 VUV
Telecommunication Technical Manager Telecommunication 1,296,900 VUV
Telecommunication Technician Telecommunication 518,900 VUV
Telecommunications Analyst Telecommunication 1,380,400 VUV
Telecommunications Assistant Manager Telecommunication 1,369,700 VUV
Telecommunications Chief Engineer Telecommunication 1,195,600 VUV
Telecommunications Engineer Telecommunication 1,088,600 VUV
Telecommunications Engineering Specialist Telecommunication 1,122,900 VUV
Telecommunications Equipment Installer Telecommunication 585,900 VUV
Telecommunications Facility Examiner Telecommunication 665,300 VUV
Telecommunications Line Installer Telecommunication 548,500 VUV
Telecommunications Manager Telecommunication 1,980,600 VUV
Telecommunications Network Engineer Telecommunication 1,198,300 VUV
Telecommunications Technician Telecommunication 543,200 VUV

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