Discover the salary of a Chemical Engineer job in Isle of Man. Get insights into the average pay scale, compensation benefits, and factors that influence salary. Explore the earning potential and competitive remuneration packages offered in this dynamic field. Stay informed about the latest industry trends and find out how your qualifications and experience can impact your earning potential as a Chemical Engineer.
What is the average Chemical Engineer salary in Isle of Man in 2024?
Average Chemical Engineer monthly salary
11,100USD
(USD 133,000 yearly)
Low9,500USD
Average11,100USD
High12,800USD
The average yearly earnings for individuals working in Isle of Man amount to around USD 11,100 per month. Salaries vary between USD 9,500 (lowest average) and USD 12,800 (highest average, actual maximum salary is higher). This average salary includes allowances for housing, transportation, and other benefits. Salaries differ considerably across different career paths. If you are interested in the salary of a particular job, please see the specific job title salaries below.
Chemical Engineer Pay Scale and Salaries in Isle of Man
Pay Scale Comparison and Salary Structure
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Salary Structure
In Isle of Man, nearly everyone working as a Chemical Engineer earns less than USD 21,600. Approximately 75% of Chemical Engineers in Isle of Man earn USD 6,800 or less. Half of the employees in Isle of Man who work as Chemical Engineers earn less than USD 4,800, while the remaining 25% of Chemical Engineers in Isle of Man earn less than USD 3,600.
Minimum Wage and Starting Salary
Minimum Wage and Starting Salary, specific to Chemical Engineer, refers to the fundamental pay levels for entry-level positions in this field. It encompasses the legally mandated minimum wage and the initial compensation offered to new hires in Chemical Engineer, impacting job seekers and employers alike. Understanding these figures is crucial for ensuring fair labor practices and successful career beginnings. In Isle of Man, the minimum salary for Chemical Engineer is USD 9,500.
Median Salary
In Isle of Man, the median salary is USD 8,800. 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.
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 Isle of Man, the salary for the position of Chemical Engineer typically falls within the range of USD 9,500 to USD 12,800.
