Average Salary in Aruba 2024

Discover the ins and outs of salary trends in the mesmerizing island of Aruba. This comprehensive article delves into various aspects, including the pay scale, wage gap, yearly increments, and breakdown based on education level or years of experience. Gain valuable insights into how salaries fluctuate across industries and understand the factors that contribute to disparities. Whether you're an employee seeking fair compensation or an employer aiming for competitive salary packages, this SEO-optimized article is your ultimate guide to navigating the salary landscape in Aruba.
Please be aware that the data we are providing is as accurate as possible at this early stage of the year 2024.

However, as we gather more data for 2024, we make adjustments to ensure the highest level of precision.

What is the average salary in Aruba in 2024?

What is the average salary in Aruba in 2024?
1,700USD
(USD 19,400 yearly)
Low 730 USD
Average 1,700 USD
High 7,200 USD
The average salary for individuals working in Aruba is about USD 1,700 per month. However, salary ranges from USD 730 (lowest average) to USD 7,200 (highest average, actual maximum salary is higher). Please note that this figure takes into account housing, transport, and other benefits. Salaries can significantly vary across different careers. If you would like to know the salary of a specific job title, please see the information below.
In comparison with average salary in Aruba in 2023, salaries changed by +0.9% so far. Looking ahead, economists project a gradual recovery in the job market. Full comparison 2023 and 2024 we are able to do it at the end of this year.

Pay Scale and Salaries in Aruba

Pay Scale Comparison and Salary Structure

Nearly everyone earns less than USD 7,200, 75% of the people earn USD 2,300 or less. 50% employees earn less USD 1,600 or less, 25% of the employees earn less than USD 1,200.Download chartGet chart linkShare on FacebookShare on Twitter

Salary Structure

Nearly everyone earns less than USD 7,200, 75% of the people earn USD 2,300 or less. 50% employees earn less USD 1,600 or less, 25% of the employees earn less than USD 1,200.

Minimum Wage and Starting Salary

Minimum Wage and Starting Salary refers to the fundamental pay levels for entry-level positions. It encompasses the legally mandated minimum wage and the initial compensation offered to new hires, impacting job seekers and employers alike. Understanding these figures is crucial for ensuring fair labor practices and successful career beginnings. In Aruba the minimum salary is USD 730.

Median Salary

Median Salary represents the middle point of all salaries in a dataset, with half of the values above and half below it. It provides a more balanced view of income distribution, making it less sensitive to extreme values, and is commonly used to gauge average earnings in various professions and industries. In Aruba the median salary is USD 1,300.

Salary range and Percentile

Salary Range refers to the span between the lowest and highest salaries in a given dataset, indicating the scope of potential earnings. Percentile, on the other hand, represents a specific point in the range, showing how a salary compares to others in the dataset, making it useful for benchmarking pay levels. In Aruba the salary ranges from USD 730 to USD 7,200.

Annual Salary Increments in Aruba

What is the average annual salary increment in the Aruba? How frequently do employees receive salary raises?

In 2024, Aruba employees received an average salary increase of 0.9%. It's essential to note that this is an average figure across all job sectors. Globally, the average salary increment for 2024 is 0.9%.Download chartGet chart linkShare on FacebookShare on Twitter
In 2024 employees in Aruba received around 0.9% salary increase. Please note that this is average across all job sectors. In comparison worldwide average for 2024 is 0.9%.

Historical Graph of Annual Salary Increments in Aruba

On an average, employees in Aruba have received a salary increase ranging from 0.9% to 6.9% per year in recent years. This translates to an average increment of 4.3% per year.Download chartGet chart linkShare on FacebookShare on Twitter
Aruba employees have, on average, received a yearly salary increase of 4.3% in recent years. The increment has ranged from 0.9% to 6.9% per year.

Salary Forecast and Trends for the Future in Aruba

There are several key factors that influence future of salary growth. That is why we provide range of most probable forecast of salary increments. During next year salary increment will most likely be around 4.7%. Estimated range is between 2.6% and 7.2%.Download chartGet chart linkShare on FacebookShare on Twitter
There are several key factors that influence future of salary growth. That is why we provide range of most probable forecast of salary increments. During next year salary increment will most likely be around 4.7%. Estimated range is between 2.6% and 7.2%.

Gender Wage Gap in Aruba

What is the difference in pay between mens and womens? Men vs. women salary comparison.

In Aruba, the gender wage gap is 7.0%.Download chartGet chart linkShare on FacebookShare on Twitter
In Aruba, the gender wage gap is 7.0%.
It's due to many factors, such as:
  • Gender bias.
  • On average, women take 10% additional days of paid vacation compared to men each year.
  • Compared to men, women have a lower likelihood of having a college degree.
  • Taking up caregiving responsibilities for children and elderly relatives is more common among women than among men.
  • In comparison to men, women are more prone to working part-time, resulting in lower earnings compared to full-time workers.
  • Women tend to gravitate towards lower-paying occupations more than men.

Salary Comparison by Education Level

How does the education level influence the amount of salary?

Completing high school and obtaining a bachelor's degree brings a multitude of benefits. Firstly, it significantly enhances one's career prospects, leading to higher earning potential and access to a broader range of job opportunities. Advancing from a bachelor's degree to a master's degree offers several compelling advantages. Firstly, it deepens one's expertise and knowledge in a specific field, making graduates highly sought-after specialists in their areas of study. Continuing from a master's degree to a Ph.D. brings numerous benefits. Firstly, it allows individuals to become true experts in their chosen fields, conducting groundbreaking research and contributing to the advancement of knowledge.Download chartGet chart linkShare on FacebookShare on Twitter

The Benefits of Transitioning from High School to a Bachelor's Degree

Completing high school and obtaining a bachelor's degree brings a multitude of benefits. Firstly, it significantly enhances one's career prospects, leading to higher earning potential and access to a broader range of job opportunities. Beyond financial rewards, pursuing a bachelor's degree fosters personal growth, critical thinking skills, and the chance to specialize in a particular field of interest. It also facilitates valuable networking opportunities and the development of a global perspective. Ultimately, the journey from high school to a bachelor's degree is a transformative path that opens doors to a more fulfilling and prosperous future.

The Advantages of Progressing from a Bachelor's to a Master's Degree

Advancing from a bachelor's degree to a master's degree offers several compelling advantages. Firstly, it deepens one's expertise and knowledge in a specific field, making graduates highly sought-after specialists in their areas of study. This advanced education often leads to even greater earning potential and career advancement opportunities. Additionally, master's programs often emphasize research and critical thinking, honing these skills for practical application in professional settings. Networking opportunities expand further, connecting students with experts in their fields. Lastly, pursuing a master's degree is a significant personal achievement, reflecting dedication and a commitment to lifelong learning, which can contribute to personal growth and fulfillment.

The Advantages of Advancing from a Master's to a Ph.D. Degree

Continuing from a master's degree to a Ph.D. brings numerous benefits. Firstly, it allows individuals to become true experts in their chosen fields, conducting groundbreaking research and contributing to the advancement of knowledge. This expertise often leads to prestigious career opportunities in academia, research, and leadership positions in various sectors. Ph.D. programs foster advanced critical thinking, problem-solving, and analytical skills, making graduates highly adaptable and innovative. Networking opportunities expand even further, with collaborations and connections in the global academic and professional communities. Pursuing a Ph.D. epitomizes a lifelong dedication to acquiring knowledge and paving the way for an inspiring and impactful career.

Salary Breakdown Based on Career Levels

How does an individual's salary evolve as time goes on?

Promotion from junior to intermediate role brings increased responsibilities and expertise. Generally, salary rises significantly, often 13%-17% higher, reflecting higher skill level and value to the company. Elevated from intermediate to senior role, responsibilities expand, along with a substantial salary hike of around 6%-10%. Expertise and leadership garner higher recognition and greater financial rewards. Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 20%-24% higher, mirroring strategic influence and heightened leadership contributions.Download chartGet chart linkShare on FacebookShare on Twitter

Salary increase going from Junior to Intermediate

Promotion from junior to intermediate role brings increased responsibilities and expertise. Generally, salary rises significantly, often 13%-17% higher, reflecting higher skill level and value to the company.

Elevation from Intermediate to Senior Role Brings Salary Advancement

Elevated from intermediate to senior role, responsibilities expand, along with a substantial salary hike of approximately 6%-10%. Expertise and leadership attain higher recognition and greater financial rewards.

Executive Promotion: Salary Increase from Senior Position

Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 20%-24% higher, mirroring strategic influence and heightened leadership contributions.

Average Hourly Wage in Aruba

What is the average hourly wage in the Aruba?

Average Hourly Wage
10USD
Low 4 USD
Average 10 USD
High 42 USD

What are the disadvantages of being paid on an hourly wage basis?

  • Income instability: The irregular or fluctuating income from hourly wages can make it challenging to budget and plan for expenses.
  • Limited earning potential: Hourly workers may face limitations in terms of the number of hours they can work, which can restrict their earning potential compared to salaried positions.
  • Lack of benefits: Hourly workers often have fewer or limited benefits such as paid time off, health insurance, retirement plans, and other perks usually connected with full-time employment.
  • Inconsistent work hours: Hourly workers may experience unpredictable work schedules, including shifts that vary in duration or irregular hours, which can disturb work-life balance and make it difficult to maintain consistent routines.
  • Uncertain job security: Compared to salaried positions, job insecurity can be heightened in hourly positions due to their vulnerability to layoffs, downsizing, or changes in demand.
  • Limited career advancement: There may be limited opportunities for career growth, professional development, or upward mobility within the organization in some hourly jobs.
It's important to note that these disadvantages may not apply universally and can vary depending on specific job circumstances and individual preferences.

Highest and Lowest Paying Jobs in Aruba

What are the best paying jobs in Aruba?

List with best paid jobs in ArubaDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs Aruba?

  1. Surgeon (USD 7,100)
  2. Doctor (USD 6,400)
  3. Chief Executive Officer (CEO) (USD 6,100)
  4. Registered Nurse Anesthetist (USD 6,000)
  5. Dentist (USD 5,700)
  6. Airline Pilot (USD 5,500)
  7. Intellectual Property Lawyer (USD 5,300)
  8. Marketing Manager (USD 4,700)
  9. Marketing Director (USD 4,700)
  10. Sales Director (USD 4,400)
  11. Sales Manager (USD 4,400)
  12. Petroleum Engineer (USD 4,400)
  13. Brand Manager (USD 4,300)
  14. Marketer (USD 4,300)
  15. Judge (USD 4,200)
  16. Treasurer (USD 4,200)
  17. Controller (USD 4,200)
  18. Pharmacist (USD 4,100)
  19. Tax Lawyer (USD 4,000)
  20. Lawyer (USD 4,000)
List with worst paid jobs in ArubaDownload chartGet chart linkShare on FacebookShare on Twitter

Lowest paying jobs Aruba?

  1. Cashier (USD 760)
  2. Childcare Worker (USD 800)
  3. Stock clerk (USD 820)
  4. Elder Care Worker (USD 820)
  5. Receptionist (USD 850)
  6. Bartender (USD 920)
  7. Food and beverage server (USD 930)
  8. Janitor (USD 930)
  9. Waiter (USD 950)
  10. Tour Guide (USD 960)
  11. Customer Service Representative (USD 1,200)
  12. Hotel Concierge (USD 1,200)
  13. Rehabilitation Counselor (USD 1,200)
  14. Travel Agent (USD 1,300)
  15. Secretary (USD 1,400)
  16. Painter (USD 1,400)
  17. Carpenter (USD 1,500)
  18. Bus Driver (USD 1,500)
  19. Artist (USD 1,500)
  20. Truck Driver (USD 1,500)
List with best paid industries in ArubaDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs by industry

  1. Healthcare (USD 4,500)
  2. Business and Management (USD 3,900)
  3. Marketing and Sales (USD 3,600)
  4. Engineering (USD 3,300)
  5. Law (USD 3,100)
  6. Accounting and Finance (USD 3,100)
  7. Computer and Information Technology (USD 3,000)
  8. Transportation and Logistics (USD 3,000)
  9. Science (USD 2,900)
  10. Education and Training (USD 2,400)
  11. Other (USD 1,800)
  12. Hospitality and Tourism (USD 1,500)
  13. Social Services (USD 1,300)
  14. Services (USD 1,200)