Average Telecommunication Project Manager Salary in Maldives for 2024

In this article, we will look at the average Telecommunication Project Manager salary for 2024 in Maldives 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 Maldivian rufiyaa. To keep things simple, we are using the MVR currency code instead of the currency symbol .Þƒ.

How Much Does a Telecommunication Project Manager Make in Maldives?

A Telecommunication Project Manager working in Maldives will typically earn around 254,700 MVR per year, and this can range from the lowest average salary of about 139,100 MVR to the highest average salary of 382,600 MVR.

Average Annual Salary
254,700 MVR
Average Monthly Salary
21,225 MVR

Lowest Annual Salary
139,100 MVR
Lowest Monthly Salary
11,591 MVR

Highest Annual Salary
382,600 MVR
Highest Monthly Salary
31,883 MVR

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

Telecommunication Project 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 Project Manager Salaries in Maldives

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

Salary ranges

We already know that a Telecommunication Project Manager can earn between 139,100 MVR and 382,600 MVR on average in Maldives. 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 Project Manager in Maldives is 233,600 MVR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 233,600 MVR, and 50% of the population earn more than 233,600 MVR.

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 Project Manager salary in Maldives, 25% of the population are earning less than 168,100 MVR while 75% of the population earn more than 168,100 MVR.

75% of the population earn less than 282,500 MVR, and 25% of the population earn more than 282,500 MVR.

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 Project Manager Salary by Experience Level in Maldives

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 project 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 Project Manager in Maldives that has less than two years of experience can expect to earn somewhere in the region of 159,400 MVR.
  • 2 - 5 Years Experience. With two to five years of experience the average Telecommunication Project Manager salary would increase to 201,100 MVR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Telecommunication Project Manager, the average salary would be 265,000 MVR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 314,500 MVR.
  • 15 - 20 Years Experience. A Telecommunication Project Manager with 15 to 20 years of experience can earn an average of 344,600 MVR.
  • 20+ Years Experience. For a Telecommunication Project Manager with more than 20 years, the expected average salary increases to 367,200 MVR.

Average Salary by Experience Chart

0-2 Years
159,400 MVR
2-5 Years +26%
201,100 MVR
5-10 Years +32%
265,000 MVR
10-15 Years +18%
314,500 MVR
15-20 Years +11%
344,600 MVR
20+ Years +6%
367,200 MVR

Telecommunication Project Manager Salary by Education Level in Maldives

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 Project Manager in Maldives 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 Project Manager in Maldives with a bachelor's degree education can earn an average salary of 207,800 MVR.

  • Master's Degree. A Telecommunication Project Manager in Maldives with a master's degree education can earn an average salary of 313,700 MVR.

Average Salary by Education Chart

Bachelor's Degree
207,800 MVR
Master's Degree +53%
313,700 MVR

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 Maldives is around 95,600 to 287,000 MVR 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 Project 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 Maldives, a male telecommunication project manager will earn an average of 263,100 MVR, while a female telecommunication project manager will earn around 240,500 MVR.

This means that a male telecommunication project manager earns approximately 9% more than a female telecommunication project manager for performing the same job.

Average Salary by Gender Chart in Maldives

Male
263,100 MVR
Female -9%
240,500 MVR

Telecommunication Project Manager Average Pay Raise in Maldives

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 Project Manager in Maldives is around 7% every 30 months.

The national average pay raise across all professions and industries in Maldives 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 Project Manager in Maldives can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Maldives for 2024

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

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

Banking
5%
Energy
1%
Information Technology
6%
Healthcare
2%
Travel
7%
Construction
3%
Education
8%

Telecommunication Project Manager Bonus and Incentive Rates in Maldives

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 Project Manager is a moderate bonus based job, with 58% of employees reporting at least one bonus in the last 12 months.

42% 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 7%.

Received Bonus
58%
No Bonus
42%

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 Maldives earn approximately 8% more than private sector employees in the same role.

Public Sector
237,400 MVR
Private Sector -8%
218,900 MVR

Salaries for Jobs Similar to a Telecommunication Project Manager

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

Job Title Category Salary
Access Operation Team Leader Telecommunication 239,300 MVR
Audio Visual Installer Telecommunication 112,420 MVR
Broadband Technician Telecommunication 108,340 MVR
Chief Technology Officer Telecommunication 345,100 MVR
Customer Implementation Support Telecommunication 120,880 MVR
Fiber Optic Technician Telecommunication 115,740 MVR
Mobile Data Coordinator Telecommunication 119,900 MVR
OSP Site Supervisor Telecommunication 148,300 MVR
Retention Executive Telecommunication 307,400 MVR
RF Engineer Telecommunication 197,600 MVR
Sales Director Telecommunication 357,700 MVR
Sales Engineer Telecommunication 222,300 MVR
Technical Support Engineer Telecommunication 197,600 MVR
Telecom Chief Engineer Telecommunication 239,000 MVR
Telecom Specialist Telecommunication 237,400 MVR
Telecommunication Consultant Telecommunication 267,100 MVR
Telecommunication Dispatcher Telecommunication 111,240 MVR
Telecommunication Equipment Engineer Telecommunication 176,800 MVR
Telecommunication Logistics Supervisor Telecommunication 154,700 MVR
Telecommunication Product Manager Telecommunication 243,000 MVR
Telecommunication Project Coordinator Telecommunication 142,300 MVR
Telecommunication Service Delivery Manager Telecommunication 296,000 MVR
Telecommunication Service Management Coordinator Telecommunication 228,000 MVR
Telecommunication Solution Architect Telecommunication 275,200 MVR
Telecommunication Surveyor Telecommunication 114,940 MVR
Telecommunication Team Leader Telecommunication 232,900 MVR
Telecommunication Technical Manager Telecommunication 253,400 MVR
Telecommunication Technician Telecommunication 106,820 MVR
Telecommunications Analyst Telecommunication 271,300 MVR
Telecommunications Assistant Manager Telecommunication 275,800 MVR
Telecommunications Chief Engineer Telecommunication 225,700 MVR
Telecommunications Engineer Telecommunication 210,500 MVR
Telecommunications Engineering Specialist Telecommunication 216,800 MVR
Telecommunications Equipment Installer Telecommunication 114,820 MVR
Telecommunications Facility Examiner Telecommunication 129,000 MVR
Telecommunications Line Installer Telecommunication 104,140 MVR
Telecommunications Manager Telecommunication 384,500 MVR
Telecommunications Network Engineer Telecommunication 225,300 MVR
Telecommunications Technician Telecommunication 98,960 MVR

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