Average Top Research and Development Executive Salary in Macao for 2024

In this article, we will look at the average Top Research and Development Executive salary for 2024 in Macao 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 Macanese pataca. To keep things simple, we are using the MOP currency code instead of the currency symbol P.

How Much Does a Top Research and Development Executive Make in Macao?

A Top Research and Development Executive working in Macao will typically earn around 163,800 MOP per year, and this can range from the lowest average salary of about 77,060 MOP to the highest average salary of 261,300 MOP.

Average Annual Salary
163,800 MOP
Average Monthly Salary
13,650 MOP

Lowest Annual Salary
77,060 MOP
Lowest Monthly Salary
6,421 MOP

Highest Annual Salary
261,300 MOP
Highest Monthly Salary
21,775 MOP

These are average salaries for a Top Research and Development Executive in Macao and include benefits such as housing and transport. It's also possible for a Top Research and Development Executive to earn more or less than the average salaries shown above.

Top Research and Development Executive 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 Top Research and Development Executive Salaries in Macao

So we've looked at the average salaries a Top Research and Development Executive will earn in Macao. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Top Research and Development Executive can earn between 77,060 MOP and 261,300 MOP on average in Macao. 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 Top Research and Development Executive in Macao is 176,800 MOP. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 176,800 MOP, and 50% of the population earn more than 176,800 MOP.

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 Top Research and Development Executive salary in Macao, 25% of the population are earning less than 114,820 MOP while 75% of the population earn more than 114,820 MOP.

75% of the population earn less than 237,400 MOP, and 25% of the population earn more than 237,400 MOP.

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.

Top Research and Development Executive Salary by Experience Level in Macao

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 top research and development executive 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 Top Research and Development Executive in Macao that has less than two years of experience can expect to earn somewhere in the region of 86,760 MOP.
  • 2 - 5 Years Experience. With two to five years of experience the average Top Research and Development Executive salary would increase to 113,840 MOP.
  • 5 - 10 Years Experience. From five to ten years of experience as a Top Research and Development Executive, the average salary would be 169,000 MOP.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 207,800 MOP.
  • 15 - 20 Years Experience. A Top Research and Development Executive with 15 to 20 years of experience can earn an average of 225,700 MOP.
  • 20+ Years Experience. For a Top Research and Development Executive with more than 20 years, the expected average salary increases to 240,500 MOP.

Average Salary by Experience Chart

0-2 Years
86,760 MOP
2-5 Years +34%
113,840 MOP
5-10 Years +48%
169,000 MOP
10-15 Years +22%
207,800 MOP
15-20 Years +9%
225,700 MOP
20+ Years +8%
240,500 MOP

Top Research and Development Executive Salary by Education Level in Macao

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 Top Research and Development Executive in Macao 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 Top Research and Development Executive in Macao with a bachelor's degree education can earn an average salary of 96,560 MOP.

  • Master's Degree. A Top Research and Development Executive in Macao with a master's degree education can earn an average salary of 152,300 MOP.

  • PhD. A Top Research and Development Executive in Macao with a phd education can earn an average salary of 258,400 MOP.

Average Salary by Education Chart

Bachelor's Degree
96,560 MOP
Master's Degree +57%
152,300 MOP
PhD +68%
258,400 MOP

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 Macao is around 37,300 to 112,000 MOP 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.

Top Research and Development Executive 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 Macao, a male top research and development executive will earn an average of 180,300 MOP, while a female top research and development executive will earn around 151,800 MOP.

This means that a male top research and development executive earns approximately 19% more than a female top research and development executive for performing the same job.

Average Salary by Gender Chart in Macao

Male
180,300 MOP
Female -19%
151,800 MOP

Top Research and Development Executive Average Pay Raise in Macao

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 Top Research and Development Executive in Macao is around 11% every 28 months.

The national average pay raise across all professions and industries in Macao is around 5% every 28 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 = ( 11 ÷ 28 ) × 12  = 5%

What this means is that a Top Research and Development Executive in Macao can expect to receive an average pay raise of around 5% every 12 months.

Annual Pay Raise by Industry in Macao for 2024

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

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

Banking
9%
Energy
9%
Information Technology
9%
Healthcare
9%
Travel
9%
Construction
9%
Education
9%

Top Research and Development Executive Bonus and Incentive Rates in Macao

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 Top Research and Development Executive is a moderate bonus based job, with 68% of employees reporting at least one bonus in the last 12 months.

32% 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
68%
No Bonus
32%

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 Macao earn approximately 21% more than private sector employees in the same role.

Public Sector
97,460 MOP
Private Sector -21%
80,580 MOP

Salaries for Jobs Similar to a Top Research and Development Executive

In the table below, we have salary information for jobs that are similar to a Top Research and Development Executive in Macao.

Job Title Category Salary
Assistant Business Development Manager Business Planning 127,700 MOP
Assistant Merchandise Planner Business Planning 66,180 MOP
Business Advisor Business Planning 118,380 MOP
Business Analyst Business Planning 109,740 MOP
Business Consultant Business Planning 109,740 MOP
Business Continuity Associate Business Planning 65,940 MOP
Business Developer Business Planning 73,820 MOP
Business Development Analyst Business Planning 78,120 MOP
Business Development Associate Business Planning 60,020 MOP
Business Development Coordinator Business Planning 60,180 MOP
Business Development Director Business Planning 159,400 MOP
Business Development Engineer Business Planning 92,400 MOP
Business Development Executive Business Planning 111,240 MOP
Business Development Manager Business Planning 148,300 MOP
Business Development Specialist Business Planning 104,620 MOP
Business Manager Business Planning 124,400 MOP
Business Operations Specialist Business Planning 105,620 MOP
Business Process Writer Business Planning 64,620 MOP
Business Systems Analyst Business Planning 111,860 MOP
Capacity Planner Business Planning 80,540 MOP
Capacity Planning Supervisor Business Planning 102,020 MOP
Change Communications Analyst Business Planning 109,000 MOP
Change Control Analyst Business Planning 103,900 MOP
Change Impact Analyst Business Planning 105,440 MOP
Contracts Executive Business Planning 108,340 MOP
Corporate Strategy Analyst Business Planning 116,740 MOP
Cost Control Engineer Business Planning 73,820 MOP
Cost Controller Business Planning 85,880 MOP
Cost Estimator Business Planning 75,220 MOP
Data Executive Business Planning 57,900 MOP
Data Manager Business Planning 85,940 MOP
Data Processing Manager Business Planning 97,260 MOP
Development Researcher Business Planning 86,640 MOP
Director of Business Development Business Planning 159,400 MOP
Director of Production Planning Business Planning 137,400 MOP
Due Diligence Analyst Business Planning 124,400 MOP
Estimating Manager Business Planning 119,700 MOP
General Manager Business Planning 128,500 MOP
Incident Handler Business Planning 77,620 MOP
Incident Specialist Business Planning 97,640 MOP
Lean Consultant Business Planning 82,720 MOP
Manager Business Planning 152,100 MOP
Marketing and Business Development Manager Business Planning 130,400 MOP
Materials Planner Business Planning 50,080 MOP
Merchandise Assistant Business Planning 50,080 MOP
Merchandise Controller Business Planning 47,180 MOP
Merchandise Planner Business Planning 51,100 MOP
Operations Analyst Business Planning 103,820 MOP
Operations Manager Business Planning 113,840 MOP
Operations Research Analyst Business Planning 69,240 MOP
Planning and Reporting Manager Business Planning 123,400 MOP
Planning Director Business Planning 142,300 MOP
Project Administrator Business Planning 68,400 MOP
Project Manager Business Planning 113,740 MOP
Project Planner Business Planning 72,420 MOP
Research Assistant Business Planning 64,560 MOP
Research Engineer Business Planning 66,960 MOP
Research Officer Business Planning 56,880 MOP
Risk Management Specialist Business Planning 107,320 MOP
Scholarship Coordinator Business Planning 54,500 MOP
Store Planner Business Planning 55,840 MOP
Strategy Director Business Planning 150,000 MOP

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