Average Salary in Malta 2024

Are you curious about salary trends in Malta? This article delves into various aspects of salaries, including the pay scale, wage gap, salary yearly increments, and breakdown over education level or years of experience. From entry-level positions to senior roles, this insightful analysis provides valuable insights into the employment landscape in Malta. Stay informed and make informed decisions about your career.
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 Malta in 2024?

What is the average salary in Malta in 2024?
1,500EUR
(EUR 17,100 yearly)
Low 640 EUR
Average 1,500 EUR
High 6,300 EUR
The average salary in Malta is typically EUR 1,500 per month. However, salaries can range from EUR 640 (lowest average) to EUR 6,300 (highest average, actual maximum salary is higher). This is the average salary including housing, transport, and other benefits. Salaries vary drastically between different careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
In comparison with average salary in Malta in 2023, salaries changed by +0.7% so far. Looking ahead, economists project a gradual recovery in the job market. The full comparison between 2023 and 2024 will be available by the year's end.

Pay Scale and Salaries in Malta

Pay Scale Comparison and Salary Structure

Nearly everyone earns less than EUR 6,300, 75% of the people earn EUR 2,000 or less. 50% employees earn less EUR 1,400 or less, 25% of the employees earn less than EUR 1,100.Download chartGet chart linkShare on FacebookShare on Twitter

Salary Structure

Nearly everyone earns less than EUR 6,300, 75% of the people earn EUR 2,000 or less. 50% employees earn less EUR 1,400 or less, 25% of the employees earn less than EUR 1,100.

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 Malta the minimum salary is EUR 640.

Median Salary

In Malta, the median salary is EUR 1,200, which represents the middle point of all salaries in a dataset, with half of the values above and half below it. This measurement provides a more balanced view of income distribution 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 Malta the salary ranges from EUR 640 to EUR 6,300.

Annual Salary Increments in Malta

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

The year 2024 saw employees in Malta receiving an average salary increment of 0.7%. This figure represents a cross-sectoral average. Comparatively, the global average for 2024 is 0.7%.Download chartGet chart linkShare on FacebookShare on Twitter
The year 2024 saw employees in Malta receiving an average salary increment of 0.7%. This figure represents a cross-sectoral average. Comparatively, the global average for 2024 is 0.7%.

Historical Graph of Annual Salary Increments in Malta

The average yearly salary increase for employees in Malta over the past years ranged from 0.2% to 5.6%. On average, this represents a 2.7% increment per year.Download chartGet chart linkShare on FacebookShare on Twitter
Employees in Malta received in recent years salary increase from 0.2% to 5.6% on average per year. It means 2.7% increment per year on average.

Salary Forecast and Trends for the Future in Malta

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 2.7%. Estimated range is between 1.5% and 4.1%.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 2.7%. Estimated range is between 1.5% and 4.1%.

Gender Wage Gap in Malta

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

Actual wage gap in Malta is 11.1%.Download chartGet chart linkShare on FacebookShare on Twitter
In Malta, the actual wage gap amounts to 11.1%.
It's due to many factors, such as:
  • Gender discrimination.
  • On average, women take 10% additional days of paid vacation compared to men each year.
  • Having a college degree is less common among women compared to men.
  • When it comes to caregiving responsibilities for children and elderly relatives, women are more probable than men to take them on.
  • Part-time work is more common among women, and they typically earn less than their full-time counterparts.
  • 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 come with numerous benefits. Firstly, it significantly improves career prospects, leading to higher earning potential and increased access to a wider variety 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

The completion of high school and the acquisition of a bachelor's degree bring about a wealth of benefits. Most importantly, they greatly improve career prospects, leading to higher earning potential and a wider range of job opportunities. Beyond financial advantages, pursuing a bachelor's degree fosters personal growth, hones critical thinking skills, and allows for specialization in a specific field of interest. It also provides valuable networking opportunities and encourages the development of a global outlook. Ultimately, the journey from high school to a bachelor's degree is a transformative endeavor that unlocks 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. illustrates a profound commitment to expanding human understanding and forging a transformative 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 16%-20% 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 nearly 5%-9%. Expertise and leadership acquire higher recognition and greater financial rewards. Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 22%-26% 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 16%-20% 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 roughly 5%-9%. Expertise and leadership earn 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 22%-26% higher, mirroring strategic influence and heightened leadership contributions.

Average Hourly Wage in Malta

What is the average hourly wage in the Malta?

Average Hourly Wage
8EUR
Low 4 EUR
Average 8 EUR
High 37 EUR

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

  • Income instability: It can be challenging to budget and plan for expenses when the income from hourly wages is irregular or fluctuating.
  • 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 upset work-life balance and make it difficult to maintain consistent routines.
  • Uncertain job security: Hourly positions are sometimes more susceptible to layoffs, downsizing, or changes in demand, which can lead to job insecurity compared to salaried positions.
  • Limited career advancement: Limited opportunities for career growth, professional development, or upward mobility within the organization may be observed in certain 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 Malta

What are the best paying jobs in Malta?

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

Highest paying jobs Malta?

  1. Surgeon (EUR 6,300)
  2. Doctor (EUR 5,600)
  3. Chief Executive Officer (CEO) (EUR 5,400)
  4. Registered Nurse Anesthetist (EUR 5,300)
  5. Dentist (EUR 5,000)
  6. Airline Pilot (EUR 4,900)
  7. Intellectual Property Lawyer (EUR 4,700)
  8. Marketing Manager (EUR 4,200)
  9. Marketing Director (EUR 4,200)
  10. Sales Director (EUR 3,900)
  11. Sales Manager (EUR 3,900)
  12. Petroleum Engineer (EUR 3,900)
  13. Brand Manager (EUR 3,800)
  14. Marketer (EUR 3,800)
  15. Judge (EUR 3,700)
  16. Treasurer (EUR 3,700)
  17. Controller (EUR 3,700)
  18. Pharmacist (EUR 3,600)
  19. Tax Lawyer (EUR 3,500)
  20. Lawyer (EUR 3,500)
List with worst paid jobs in MaltaDownload chartGet chart linkShare on FacebookShare on Twitter

Lowest paying jobs Malta?

  1. Cashier (EUR 670)
  2. Childcare Worker (EUR 710)
  3. Stock clerk (EUR 720)
  4. Elder Care Worker (EUR 720)
  5. Receptionist (EUR 750)
  6. Bartender (EUR 810)
  7. Food and beverage server (EUR 820)
  8. Janitor (EUR 820)
  9. Waiter (EUR 840)
  10. Tour Guide (EUR 840)
  11. Customer Service Representative (EUR 1,100)
  12. Hotel Concierge (EUR 1,100)
  13. Rehabilitation Counselor (EUR 1,100)
  14. Travel Agent (EUR 1,200)
  15. Secretary (EUR 1,200)
  16. Painter (EUR 1,200)
  17. Carpenter (EUR 1,300)
  18. Bus Driver (EUR 1,300)
  19. Artist (EUR 1,300)
  20. Truck Driver (EUR 1,300)
List with best paid industries in MaltaDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs by industry

  1. Healthcare (EUR 4,000)
  2. Business and Management (EUR 3,400)
  3. Marketing and Sales (EUR 3,100)
  4. Engineering (EUR 2,900)
  5. Law (EUR 2,800)
  6. Accounting and Finance (EUR 2,700)
  7. Computer and Information Technology (EUR 2,700)
  8. Transportation and Logistics (EUR 2,600)
  9. Science (EUR 2,600)
  10. Education and Training (EUR 2,200)
  11. Other (EUR 1,600)
  12. Hospitality and Tourism (EUR 1,400)
  13. Social Services (EUR 1,100)
  14. Services (EUR 1,000)