Average Salary in Guam 2024

If you're curious about salary in Guam, this article provides a comprehensive overview of various aspects like the pay scale, wage gap, salary yearly increments, and breakdown over education level or year of experience. Get valuable insights into how salaries differ based on qualifications and experience levels, as well as the prevailing wage gap. Whether you're a job seeker, employer, or simply interested in the local job market, this article offers an in-depth analysis of Guam's salary landscape.
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 Guam in 2024?

What is the average salary in Guam in 2024?
4,000USD
(USD 47,200 yearly)
Low 1,800 USD
Average 4,000 USD
High 17,400 USD
In Guam, the average salary is USD 4,000 per month. However, salaries can range from USD 1,800 (lowest average) to USD 17,400 (highest average, actual maximum salary is higher). Keep in mind that these salaries include housing, transport, and other benefits. Careers can have vastly different salary ranges. For specific job titles and their corresponding salaries, please refer below.
In comparison with average salary in Guam in 2023, salaries changed by +0.9% so far. Looking ahead, economists project a gradual recovery in the job market. A detailed comparison of 2023 and 2024 will be available at the end of the year.

Pay Scale and Salaries in Guam

Pay Scale Comparison and Salary Structure

Nearly everyone earns less than USD 17,400, 75% of the people earn USD 5,500 or less. 50% employees earn less USD 3,800 or less, 25% of the employees earn less than USD 2,900.Download chartGet chart linkShare on FacebookShare on Twitter

Salary Structure

Nearly everyone earns less than USD 17,400, 75% of the people earn USD 5,500 or less. 50% employees earn less USD 3,800 or less, 25% of the employees earn less than USD 2,900.

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 Guam the minimum salary is USD 1,800.

Median Salary

With half of the values above and half below it, the median salary in Guam serves as the middle point of all salaries in a dataset. This measurement provides a more balanced representation of income distribution and is commonly utilized to determine average earnings in various professions and industries.

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 Guam the salary ranges from USD 1,800 to USD 17,400.

Annual Salary Increments in Guam

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

In 2024 employees in Guam 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%.Download chartGet chart linkShare on FacebookShare on Twitter
Employees in Guam experienced an average salary increase of 0.9% during 2024. This average is calculated across different job sectors. Globally, the average salary increase for 2024 is 0.9%.

Historical Graph of Annual Salary Increments in Guam

Employees in Guam received in recent years salary increase from 0.9% to 8.6% on average per year. It means 4.2% increment per year on average.Download chartGet chart linkShare on FacebookShare on Twitter
Employees based in Guam have experienced a salary increase averaging 4.2% per year in recent years. This translates to a range of 0.9% to 8.6% increment per year.

Salary Forecast and Trends for the Future in Guam

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 3.9%. Estimated range is between 2.2% and 6.0%.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 3.9%. Estimated range is between 2.2% and 6.0%.

Gender Wage Gap in Guam

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

In terms of wage disparity, Guam experiences 5.0%.Download chartGet chart linkShare on FacebookShare on Twitter
In terms of wage disparity, Guam experiences 5.0%.
It's due to many factors, such as:
  • Discrimination against a specific gender.
  • On average, women take 10% longer vacations than men each year.
  • Men are more inclined than women to possess a college degree.
  • Females are more inclined than males to assume caregiving responsibilities for children and elderly relatives.
  • Compared to men, women are more prone to opt for part-time work, which often results in lower earnings than full-time employment.
  • In comparison to men, women are more likely to work in lower-paying occupations.

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 immense benefits. Firstly, it paves the way for better career prospects, unlocking higher earning potential and enabling access to a wider array 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

High school completion and achieving a bachelor's degree offer numerous advantages. Primarily, they substantially improve career prospects, resulting in increased earning potential and wider job options. Besides financial benefits, pursuing a bachelor's degree fosters personal growth, sharpens critical thinking abilities, and enables specialization in a chosen field. It also provides valuable networking prospects and facilitates the development of a global perspective. Ultimately, the journey from high school to a bachelor's degree is a life-altering path that opens doors to a more satisfying and successful 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. underscores an unwavering commitment to intellectual exploration and a promising and influential 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 18%-22% 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 roughly 12%-16%. Expertise and leadership earn higher recognition and greater financial rewards. Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 19%-23% 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 18%-22% 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 about 12%-16%. Expertise and leadership result in 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 19%-23% higher, mirroring strategic influence and heightened leadership contributions.

Average Hourly Wage in Guam

What is the average hourly wage in the Guam?

Average Hourly Wage
23USD
Low 10 USD
Average 23 USD
High 102 USD

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

  • Income instability: Planning for expenses and budgeting can be challenging when dealing with hourly wages that result in irregular or fluctuating income.
  • 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 attributed to full-time employment.
  • Inconsistent work hours: Hourly workers may experience unpredictable work schedules, including shifts that vary in duration or irregular hours, which can interrupt work-life balance and make it difficult to maintain consistent routines.
  • Uncertain job security: Job insecurity may be more prevalent in hourly positions than in salaried positions, as they are susceptible to layoffs, downsizing, or changes in demand.
  • Limited career advancement: Certain hourly positions may offer limited chances for career advancement, professional growth, or upward movement within the company.
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 Guam

What are the best paying jobs in Guam?

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

Highest paying jobs Guam?

  1. Surgeon (USD 17,200)
  2. Doctor (USD 15,500)
  3. Chief Executive Officer (CEO) (USD 14,800)
  4. Registered Nurse Anesthetist (USD 14,400)
  5. Dentist (USD 13,800)
  6. Airline Pilot (USD 13,300)
  7. Intellectual Property Lawyer (USD 12,900)
  8. Marketing Manager (USD 11,400)
  9. Marketing Director (USD 11,400)
  10. Sales Director (USD 10,700)
  11. Sales Manager (USD 10,700)
  12. Petroleum Engineer (USD 10,600)
  13. Brand Manager (USD 10,400)
  14. Marketer (USD 10,400)
  15. Judge (USD 10,200)
  16. Treasurer (USD 10,100)
  17. Controller (USD 10,100)
  18. Pharmacist (USD 9,800)
  19. Tax Lawyer (USD 9,700)
  20. Lawyer (USD 9,700)
List with worst paid jobs in GuamDownload chartGet chart linkShare on FacebookShare on Twitter

Lowest paying jobs Guam?

  1. Cashier (USD 1,900)
  2. Childcare Worker (USD 2,000)
  3. Stock clerk (USD 2,000)
  4. Elder Care Worker (USD 2,000)
  5. Receptionist (USD 2,100)
  6. Bartender (USD 2,300)
  7. Food and beverage server (USD 2,300)
  8. Janitor (USD 2,300)
  9. Waiter (USD 2,300)
  10. Tour Guide (USD 2,400)
  11. Customer Service Representative (USD 2,800)
  12. Hotel Concierge (USD 2,900)
  13. Rehabilitation Counselor (USD 2,900)
  14. Travel Agent (USD 3,100)
  15. Secretary (USD 3,200)
  16. Painter (USD 3,300)
  17. Carpenter (USD 3,500)
  18. Bus Driver (USD 3,500)
  19. Artist (USD 3,600)
  20. Truck Driver (USD 3,600)
List with best paid industries in GuamDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs by industry

  1. Healthcare (USD 11,000)
  2. Business and Management (USD 9,400)
  3. Marketing and Sales (USD 8,600)
  4. Engineering (USD 7,900)
  5. Law (USD 7,500)
  6. Accounting and Finance (USD 7,500)
  7. Computer and Information Technology (USD 7,300)
  8. Transportation and Logistics (USD 7,100)
  9. Science (USD 7,100)
  10. Education and Training (USD 5,900)
  11. Other (USD 4,400)
  12. Hospitality and Tourism (USD 3,700)
  13. Social Services (USD 3,000)
  14. Services (USD 2,800)