Average Trade Marketing Executive Salary in Solomon Islands for 2024

In this article, we will look at the average Trade Marketing Executive 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 Trade Marketing Executive Make in Solomon Islands?

A Trade Marketing Executive working in Solomon Islands will typically earn around 96,340 SBD per year, and this can range from the lowest average salary of about 47,120 SBD to the highest average salary of 148,300 SBD.

Average Annual Salary
96,340 SBD
Average Monthly Salary
8,028 SBD

Lowest Annual Salary
47,120 SBD
Lowest Monthly Salary
3,926 SBD

Highest Annual Salary
148,300 SBD
Highest Monthly Salary
12,358 SBD

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

Trade Marketing 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 Trade Marketing Executive Salaries in Solomon Islands

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

Salary ranges

We already know that a Trade Marketing Executive can earn between 47,120 SBD and 148,300 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 Trade Marketing Executive in Solomon Islands is 97,060 SBD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 97,060 SBD, and 50% of the population earn more than 97,060 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 Trade Marketing Executive salary in Solomon Islands, 25% of the population are earning less than 66,000 SBD while 75% of the population earn more than 66,000 SBD.

75% of the population earn less than 124,400 SBD, and 25% of the population earn more than 124,400 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.

Trade Marketing Executive 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 trade marketing 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 Trade Marketing Executive in Solomon Islands that has less than two years of experience can expect to earn somewhere in the region of 55,940 SBD.
  • 2 - 5 Years Experience. With two to five years of experience the average Trade Marketing Executive salary would increase to 69,260 SBD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Trade Marketing Executive, the average salary would be 96,520 SBD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 119,900 SBD.
  • 15 - 20 Years Experience. A Trade Marketing Executive with 15 to 20 years of experience can earn an average of 128,500 SBD.
  • 20+ Years Experience. For a Trade Marketing Executive with more than 20 years, the expected average salary increases to 139,100 SBD.

Average Salary by Experience Chart

0-2 Years
55,940 SBD
2-5 Years +29%
69,260 SBD
5-10 Years +38%
96,520 SBD
10-15 Years +24%
119,900 SBD
15-20 Years +7%
128,500 SBD
20+ Years +7%
139,100 SBD

Trade Marketing Executive 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 Trade Marketing Executive 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 Trade Marketing Executive in Solomon Islands with a high school education can earn an average salary of 67,120 SBD.

  • Certificate or Diploma. A Trade Marketing Executive in Solomon Islands with a certificate or diploma education can earn an average salary of 77,100 SBD.

  • Bachelor's Degree. A Trade Marketing Executive in Solomon Islands with a bachelor's degree education can earn an average salary of 106,160 SBD.

  • Master's Degree. A Trade Marketing Executive in Solomon Islands with a master's degree education can earn an average salary of 134,600 SBD.

Average Salary by Education Chart

High School
67,120 SBD
Certificate or Diploma +15%
77,100 SBD
Bachelor's Degree +35%
106,160 SBD
Master's Degree +26%
134,600 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.

Trade Marketing 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 Solomon Islands, a male trade marketing executive will earn an average of 97,840 SBD, while a female trade marketing executive will earn around 87,760 SBD.

This means that a male trade marketing executive earns approximately 11% more than a female trade marketing executive for performing the same job.

Average Salary by Gender Chart in Solomon Islands

Male
97,840 SBD
Female -11%
87,760 SBD

Trade Marketing Executive 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 Trade Marketing Executive in Solomon Islands is around 8% every 29 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 = ( 8 ÷ 29 ) × 12  = 3%

What this means is that a Trade Marketing Executive in Solomon Islands can expect to receive an average pay raise of around 3% 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%

Trade Marketing Executive 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 Trade Marketing Executive is a moderate bonus based job, with 64% of employees reporting at least one bonus in the last 12 months.

36% 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
64%
No Bonus
36%

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 Trade Marketing Executive

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

Job Title Category Salary
Account Handler Marketing 60,920 SBD
Affiliate Manager Marketing 76,280 SBD
Analytics Specialist Marketing 57,360 SBD
Assistant Brand Manager Marketing 83,640 SBD
Assistant Product Manager Marketing 89,120 SBD
Associate Marketing Manager Marketing 92,240 SBD
Associate Product Manager Marketing 90,660 SBD
Brand Ambassador Marketing 113,280 SBD
Brand Director Marketing 128,500 SBD
Brand Executive Marketing 112,440 SBD
Brand Manager Marketing 123,400 SBD
Business Analytics Specialist Marketing 55,820 SBD
Business Channel Manager Marketing 80,840 SBD
Business Intelligence Team Leader Marketing 89,800 SBD
Campaign Specialist Marketing 74,060 SBD
Chief Marketing Officer Marketing 134,600 SBD
Chief Product Officer Marketing 113,220 SBD
Communications Officer Marketing 38,700 SBD
Content Manager Marketing 66,180 SBD
Content Marketing Strategist Marketing 78,160 SBD
Copy Editer Marketing 50,020 SBD
Copy Writer Marketing 48,300 SBD
Creative Marketing Lead Marketing 77,120 SBD
Creative Writer Marketing 46,880 SBD
Digital Marketer Marketing 67,120 SBD
Digital Marketing Manager Marketing 97,300 SBD
Digital Marketing Strategist Marketing 98,540 SBD
Digital Media Specialist Marketing 84,180 SBD
Director of Marketing Marketing 128,500 SBD
Director of Research Marketing 92,680 SBD
eMarketing Manager Marketing 97,760 SBD
Event Marketing Marketing 99,340 SBD
Head of Executive Search Marketing 110,500 SBD
Key Affiliate Manager Marketing 89,800 SBD
Localization Manager Marketing 87,760 SBD
Market Development Executive Marketing 101,900 SBD
Market Development Manager Marketing 105,800 SBD
Market Research Analyst Marketing 86,760 SBD
Market Research Manager Marketing 91,960 SBD
Market Segmentation Director Marketing 101,900 SBD
Marketing Account Supervisor Marketing 77,380 SBD
Marketing Administrator Marketing 61,620 SBD
Marketing Advisor Marketing 78,420 SBD
Marketing Analyst Marketing 79,600 SBD
Marketing and Communications Officer Marketing 45,600 SBD
Marketing and Sales Head Marketing 125,700 SBD
Marketing Assistant Marketing 43,260 SBD
Marketing Associate Marketing 41,180 SBD
Marketing Communications Manager Marketing 85,700 SBD
Marketing Consultant Marketing 95,860 SBD
Marketing Coordinator Marketing 39,420 SBD
Marketing Director Marketing 134,600 SBD
Marketing Distribution Executive Marketing 101,020 SBD
Marketing Executive Marketing 102,620 SBD
Marketing Manager Marketing 130,400 SBD
Marketing Officer Marketing 43,480 SBD
Marketing Segment Manager Marketing 90,540 SBD
Marketing Specialist Marketing 64,720 SBD
Marketing Supervisor Marketing 73,800 SBD
Marketing Vice President Marketing 98,120 SBD
Marketing Writer Marketing 47,580 SBD
Online Marketing Analyst Marketing 69,780 SBD
Online Marketing Manager Marketing 84,580 SBD
Optimization Manager Marketing 78,400 SBD
Outbound Sales Marketing 61,460 SBD
Outreach Coordinator Marketing 53,860 SBD
Outreach Specialist Marketing 68,580 SBD
Product Development Marketing 92,240 SBD
Product Manager Marketing 101,920 SBD
Product Marketing Engineer Marketing 52,300 SBD
Product Marketing Executive Marketing 91,520 SBD
Product Marketing Manager Marketing 99,340 SBD
Product Researcher Marketing 54,180 SBD
Product Strategist Marketing 79,240 SBD
Product Strategy Researcher Marketing 72,740 SBD
Product Training Specialist Marketing 60,160 SBD
Project Manager Marketing 77,100 SBD
Publications Coordinator Marketing 43,800 SBD
Research Executive Marketing 91,560 SBD
Sales and Marketing Assistant Marketing 38,780 SBD
Sales and Marketing Coordinator Marketing 41,480 SBD
Sales and Marketing Director Marketing 128,500 SBD
Sales Director Marketing 119,900 SBD
Sales Management Support Marketing 43,520 SBD
Sales Manager Marketing 125,100 SBD
Search Marketing Strategist Marketing 104,440 SBD
Social Media Administrator Marketing 69,040 SBD
Social Media Specialist Marketing 72,180 SBD
Spaceman Analyst Marketing 42,040 SBD
Sponsorship Consultant Marketing 66,440 SBD
Team Leader Marketing 75,100 SBD
Telemarketer Marketing 38,700 SBD
Trade Marketing Manager Marketing 94,900 SBD
Trade Marketing Professional Marketing 74,560 SBD
Trade Marketing Specialist Marketing 52,880 SBD
Web Analytics Manager Marketing 80,520 SBD
Web Content Manager Marketing 80,060 SBD

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