Average Vice President Salary in Cook Islands for 2024

In this article, we will look at the average Vice President salary for 2024 in Cook 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 New Zealand dollar. To keep things simple, we are using the NZD currency code instead of the currency symbol $.

How Much Does a Vice President Make in Cook Islands?

A Vice President working in Cook Islands will typically earn around 104,440 NZD per year, and this can range from the lowest average salary of about 52,540 NZD to the highest average salary of 161,600 NZD.

Average Annual Salary
104,440 NZD
Average Monthly Salary
8,703 NZD

Lowest Annual Salary
52,540 NZD
Lowest Monthly Salary
4,378 NZD

Highest Annual Salary
161,600 NZD
Highest Monthly Salary
13,466 NZD

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

Vice President 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 Vice President Salaries in Cook Islands

So we've looked at the average salaries a Vice President will earn in Cook Islands. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Vice President can earn between 52,540 NZD and 161,600 NZD on average in Cook 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 Vice President in Cook Islands is 106,600 NZD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 106,600 NZD, and 50% of the population earn more than 106,600 NZD.

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 Vice President salary in Cook Islands, 25% of the population are earning less than 72,360 NZD while 75% of the population earn more than 72,360 NZD.

75% of the population earn less than 139,100 NZD, and 25% of the population earn more than 139,100 NZD.

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.

Vice President Salary by Experience Level in Cook 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 vice president 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 Vice President in Cook Islands that has less than two years of experience can expect to earn somewhere in the region of 60,340 NZD.
  • 2 - 5 Years Experience. With two to five years of experience the average Vice President salary would increase to 77,120 NZD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Vice President, the average salary would be 107,580 NZD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 134,600 NZD.
  • 15 - 20 Years Experience. A Vice President with 15 to 20 years of experience can earn an average of 143,200 NZD.
  • 20+ Years Experience. For a Vice President with more than 20 years, the expected average salary increases to 152,000 NZD.

Average Salary by Experience Chart

0-2 Years
60,340 NZD
2-5 Years +29%
77,120 NZD
5-10 Years +38%
107,580 NZD
10-15 Years +24%
134,600 NZD
15-20 Years +7%
143,200 NZD
20+ Years +7%
152,000 NZD

Vice President Salary by Education Level in Cook 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 Vice President in Cook 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 Vice President in Cook Islands with a high school education can earn an average salary of 74,560 NZD.

  • Certificate or Diploma. A Vice President in Cook Islands with a certificate or diploma education can earn an average salary of 86,420 NZD.

  • Bachelor's Degree. A Vice President in Cook Islands with a bachelor's degree education can earn an average salary of 118,260 NZD.

  • Master's Degree. A Vice President in Cook Islands with a master's degree education can earn an average salary of 148,300 NZD.

Average Salary by Education Chart

High School
74,560 NZD
Certificate or Diploma +15%
86,420 NZD
Bachelor's Degree +35%
118,260 NZD
Master's Degree +26%
148,300 NZD

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 Cook Islands is around 23,500 to 70,600 NZD 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.

Vice President 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 Cook Islands, a male vice president will earn an average of 108,080 NZD, while a female vice president will earn around 98,000 NZD.

This means that a male vice president earns approximately 10% more than a female vice president for performing the same job.

Average Salary by Gender Chart in Cook Islands

Male
108,080 NZD
Female -10%
98,000 NZD

Vice President Average Pay Raise in Cook 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 Vice President in Cook Islands is around 9% every 29 months.

The national average pay raise across all professions and industries in Cook 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 = ( 9 ÷ 29 ) × 12  = 4%

What this means is that a Vice President in Cook Islands can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Cook Islands for 2024

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

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

Banking
6%
Energy
3%
Information Technology
9%
Healthcare
6%
Travel
3%
Construction
9%
Education
6%

Vice President Bonus and Incentive Rates in Cook 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 Vice President is a moderate bonus based job, with 65% of employees reporting at least one bonus in the last 12 months.

35% 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
65%
No Bonus
35%

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 Cook Islands earn approximately 15% more than private sector employees in the same role.

Public Sector
58,000 NZD
Private Sector -15%
50,560 NZD

Salaries for Jobs Similar to a Vice President

In the table below, we have salary information for jobs that are similar to a Vice President in Cook Islands.

Job Title Category Salary
Account Coordinator Executive and Management 50,560 NZD
Account Director Executive and Management 66,820 NZD
Account Executive Executive and Management 61,780 NZD
Account Manager Executive and Management 61,180 NZD
Administration Manager Executive and Management 60,920 NZD
Administration Officer Executive and Management 35,340 NZD
Administration Supervisor Executive and Management 52,540 NZD
Administrative Clerk Executive and Management 25,160 NZD
Administrative Officer Executive and Management 24,200 NZD
Area Director Executive and Management 55,840 NZD
Area Manager Executive and Management 59,940 NZD
Asset Protection Associate Executive and Management 67,360 NZD
Assistant Director Executive and Management 64,180 NZD
Assistant General Manager Executive and Management 71,020 NZD
Assistant Manager Executive and Management 70,840 NZD
Assistant Managing Director Executive and Management 77,380 NZD
Assistant Operations Manager Executive and Management 71,020 NZD
Assistant Project Manager Executive and Management 66,580 NZD
Assistant Section Head Executive and Management 55,140 NZD
Assistant to CEO Executive and Management 60,920 NZD
Assistant Vice President Executive and Management 66,680 NZD
Associate Account Director Executive and Management 65,080 NZD
Associate Director Executive and Management 64,720 NZD
Bid Manager Executive and Management 75,100 NZD
Branch Manager Executive and Management 67,320 NZD
Business Development Manager Executive and Management 81,880 NZD
Business Operations Associate Executive and Management 61,580 NZD
Business Operations Lead Executive and Management 68,580 NZD
Campaign Manager Executive and Management 73,020 NZD
Catering Coordinator Executive and Management 39,560 NZD
Catering Manager Executive and Management 66,140 NZD
CEO Executive and Management 130,400 NZD
Chairman of The Board Executive and Management 117,660 NZD
Chairman Office Manager Executive and Management 80,060 NZD
Chief Commercial Officer Executive and Management 87,880 NZD
Chief Corporate Officer Executive and Management 98,000 NZD
Chief Executive Officer Executive and Management 125,700 NZD
Chief Financial Officer Executive and Management 115,740 NZD
Chief Investment Officer Executive and Management 91,960 NZD
Chief of Staff Executive and Management 61,180 NZD
Chief Operating Officer Executive and Management 91,520 NZD
Chief Risk Officer Executive and Management 81,180 NZD
Client Account Manager Executive and Management 79,120 NZD
Client Accounts Officer Executive and Management 61,780 NZD
Client Services Manager Executive and Management 78,500 NZD
Commercial Director Executive and Management 87,020 NZD
Commercial Manager Executive and Management 73,100 NZD
Commercial Project Manager Executive and Management 71,660 NZD
Commodity Broker Executive and Management 55,940 NZD
COO Executive and Management 92,680 NZD
Corporate Affairs Executive Executive and Management 77,100 NZD
Corporate Compliance Director Executive and Management 83,400 NZD
Corporate Director Executive and Management 83,400 NZD
Corporate Officer Executive and Management 57,320 NZD
Corporate Partnerships Officer Executive and Management 60,160 NZD
Country Manager Executive and Management 91,660 NZD
Department Head Executive and Management 73,800 NZD
Department Manager Executive and Management 78,160 NZD
Department Supervisor Executive and Management 66,020 NZD
Deputy Director Executive and Management 90,900 NZD
Deputy Manager Executive and Management 92,900 NZD
Director Executive and Management 96,720 NZD
Director of Accreditation Executive and Management 80,480 NZD
Director of Catering Services Executive and Management 77,380 NZD
Director of Client Services Executive and Management 77,340 NZD
Director of Facilities Management Executive and Management 66,440 NZD
Director of Operations Executive and Management 85,880 NZD
Director of Process Simplification Executive and Management 61,620 NZD
Director of Product Management Executive and Management 85,460 NZD
Director of Project Management Executive and Management 88,580 NZD
Director of Revenue Management Executive and Management 76,280 NZD
Director of Training and Development Executive and Management 79,280 NZD
Distribution Manager Executive and Management 88,620 NZD
Division Manager Executive and Management 73,020 NZD
Duty Manager Executive and Management 73,760 NZD
Engagement Manager Executive and Management 92,900 NZD
Executive Director Executive and Management 119,700 NZD
Executive Manager Executive and Management 105,800 NZD
Franchise Manager Executive and Management 111,240 NZD
General Manager Executive and Management 100,580 NZD
Global Master Data Manager Executive and Management 85,020 NZD
Global Technical Lead Executive and Management 58,280 NZD
Head of Investment Executive and Management 84,800 NZD
Head of Middle Office Executive and Management 78,120 NZD
Head of Projects Executive and Management 85,880 NZD
Head of Strategy Executive and Management 96,980 NZD
Head of Supply Chain Executive and Management 73,100 NZD
Head of Sustainability Executive and Management 70,700 NZD
Housing Manager Executive and Management 68,400 NZD
HSE Manager Executive and Management 73,260 NZD
Key Account Manager Executive and Management 72,120 NZD
Knowledge Manager Executive and Management 78,420 NZD
Location Manager Executive and Management 82,480 NZD
Logistics Executive Executive and Management 65,920 NZD
Logistics Manager Executive and Management 63,320 NZD
Management Consultant Executive and Management 64,180 NZD
Management Executive Executive and Management 86,520 NZD
Manager Executive and Management 80,020 NZD
Managing Director Executive and Management 101,980 NZD
MIS Executive Executive and Management 86,420 NZD
Ocean Services Manager Executive and Management 85,700 NZD
Operational Manager Executive and Management 87,640 NZD
Operations Analyst Executive and Management 73,800 NZD
Operations Assistant Executive and Management 60,600 NZD
Operations Director Executive and Management 90,980 NZD
Operations Executive Executive and Management 86,640 NZD
Operations Manager Executive and Management 93,600 NZD
Operations Supervisor Executive and Management 80,840 NZD
Planning Director Executive and Management 86,740 NZD
PMO Manager Executive and Management 79,500 NZD
Policy Administration Executive Executive and Management 73,120 NZD
Private Sector Executive Executive and Management 69,720 NZD
Product Development Manager Executive and Management 83,020 NZD
Product Executive Executive and Management 70,700 NZD
Production Executive Executive and Management 85,760 NZD
Production Manager Executive and Management 87,020 NZD
Production Supervisor Executive and Management 69,780 NZD
Program Director Executive and Management 90,660 NZD
Program Manager Executive and Management 89,120 NZD
Programme Coordinator Executive and Management 63,500 NZD
Project Control Manager Executive and Management 92,240 NZD
Project Coordinator Executive and Management 50,620 NZD
Project Management Officer Executive and Management 58,240 NZD
Project Manager Executive and Management 60,840 NZD
Project Portfolio Manager Executive and Management 70,260 NZD
Quality Manager Executive and Management 68,320 NZD
R/D Director Executive and Management 73,880 NZD
Regional Director Executive and Management 113,220 NZD
Regional Manager Executive and Management 81,180 NZD
Relationship Manager Executive and Management 84,880 NZD
Retail District Manager Executive and Management 60,400 NZD
Revenue Manager Executive and Management 68,400 NZD
Risk and Capital Manager Executive and Management 96,340 NZD
Risk Officer Executive and Management 65,080 NZD
Safety Manager Executive and Management 64,620 NZD
Section Head Executive and Management 63,400 NZD
Service Manager Executive and Management 66,820 NZD
Shift Supervisor Executive and Management 49,820 NZD
Solutions Manager Executive and Management 56,460 NZD
Supervisor Executive and Management 52,460 NZD
Supply Chain Manager Executive and Management 84,800 NZD
Surveyor Executive and Management 60,920 NZD
Technical Director Executive and Management 84,780 NZD
Technical Manager Executive and Management 85,940 NZD
Territory Manager Executive and Management 84,740 NZD
Validation Manager Executive and Management 73,120 NZD
Zone Manager Executive and Management 86,520 NZD

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 Vice President Salary in Cook Islands for 2024". World Salaries. Accessed on March 28, 2024. https://worldsalaries.com/average-vice-president-salary-in-cook-islands/.

  • "Average Vice President Salary in Cook Islands for 2024". World Salaries, https://worldsalaries.com/average-vice-president-salary-in-cook-islands/. Accessed 28 March, 2024

  • Average Vice President Salary in Cook Islands for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-vice-president-salary-in-cook-islands/.