Average Salary in Martinique 2024

Discover the intricate dynamics of salary in Martinique with this comprehensive article. Delve into the pay scale and wage gap, gaining insights into how salaries vary across different education levels and years of experience. Uncover the annual increments in salary and explore the breakdown of earnings based on educational achievements and professional expertise. Stay informed and navigate the realm of Martinique's salary structure effectively.
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 Martinique in 2024?

What is the average salary in Martinique in 2024?
2,100EUR
(EUR 25,000 yearly)
Low 1,000 EUR
Average 2,100 EUR
High 9,200 EUR
The average salary in Martinique is typically EUR 2,100 per month. However, salaries can vary greatly, ranging from EUR 1,000 (lowest average) to EUR 9,200 (highest average, actual maximum salary is higher). These figures include housing, transport, and other benefits. Different careers offer significantly diverse salary opportunities. If you wish to explore salaries for specific job titles, they are listed below.
In comparison with average salary in Martinique in 2023, salaries changed by +0.7% so far. Looking ahead, economists project a gradual recovery in the job market. A complete comparison between 2023 and 2024 will be available at the end of this year.

Pay Scale and Salaries in Martinique

Pay Scale Comparison and Salary Structure

Nearly everyone earns less than EUR 9,200, 75% of the people earn EUR 2,900 or less. 50% employees earn less EUR 2,100 or less, 25% of the employees earn less than EUR 1,600.Download chartGet chart linkShare on FacebookShare on Twitter

Salary Structure

Nearly everyone earns less than EUR 9,200, 75% of the people earn EUR 2,900 or less. 50% employees earn less EUR 2,100 or less, 25% of the employees earn less than EUR 1,600.

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 Martinique the minimum salary is EUR 1,000.

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 Martinique the median salary is EUR 1,700.

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 Martinique the salary ranges from EUR 1,000 to EUR 9,200.

Annual Salary Increments in Martinique

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

Employees in Martinique experienced an average salary increase of 0.7% during 2024. This average is calculated across different job sectors. Globally, the average salary increase for 2024 is 0.7%.Download chartGet chart linkShare on FacebookShare on Twitter
In 2024 employees in Martinique received around 0.7% salary increase. Please note that this is average across all job sectors. In comparison worldwide average for 2024 is 0.7%.

Historical Graph of Annual Salary Increments in Martinique

Employees in Martinique received in recent years salary increase from 0.7% to 7.2% on average per year. It means 3.7% increment per year on average.Download chartGet chart linkShare on FacebookShare on Twitter
Martinique employees have, on average, received a yearly salary increase of 3.7% in recent years. The increment has ranged from 0.7% to 7.2% per year.

Salary Forecast and Trends for the Future in Martinique

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 3.3%. Estimated range is between 1.8% and 5.0%.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 3.3%. Estimated range is between 1.8% and 5.0%.

Gender Wage Gap in Martinique

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

The actual wage gap in Martinique reaches 5.0%.Download chartGet chart linkShare on FacebookShare on Twitter
Actual wage gap in Martinique is 5.0%.
It's due to many factors, such as:
  • Gender discrimination.
  • On average, women have a 10% higher number of days of paid vacation than men each year.
  • Men are more likely than women to have a college degree.
  • Men are less likely than women to assume caregiving responsibilities for children and elderly relatives.
  • Women are more inclined to pursue part-time jobs, and these jobs typically come with lower earnings compared to full-time positions.
  • When it comes to occupations, women are more inclined towards lower-paying ones 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 attaining a bachelor's degree yields a host of benefits. Above all, it significantly enhances career prospects by increasing earning potential and broadening access to a greater variety of job opportunities. Along with financial rewards, pursuing a bachelor's degree promotes personal growth, cultivates critical thinking skills, and allows for specialization in a chosen field of interest. Furthermore, it facilitates valuable networking possibilities and fosters 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 17%-21% 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 close to 10%-14%. Expertise and leadership receive higher recognition and greater financial rewards. Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 16%-20% 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 17%-21% 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 around 10%-14%. Expertise and leadership garner 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 16%-20% higher, mirroring strategic influence and heightened leadership contributions.

Average Hourly Wage in Martinique

What is the average hourly wage in the Martinique?

Average Hourly Wage
12EUR
Low 6 EUR
Average 12 EUR
High 54 EUR

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

  • Income instability: Hourly wages can lead to irregular or fluctuating income, posing challenges for budgeting and expense planning.
  • 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 typically associated 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 hard 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: Some hourly roles might have restricted possibilities for career advancement, professional growth, or upward movement within the organization.
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 Martinique

What are the best paying jobs in Martinique?

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

Highest paying jobs Martinique?

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

Lowest paying jobs Martinique?

  1. Cashier (EUR 1,000)
  2. Childcare Worker (EUR 1,100)
  3. Stock clerk (EUR 1,100)
  4. Elder Care Worker (EUR 1,100)
  5. Receptionist (EUR 1,100)
  6. Bartender (EUR 1,200)
  7. Food and beverage server (EUR 1,200)
  8. Janitor (EUR 1,200)
  9. Waiter (EUR 1,300)
  10. Tour Guide (EUR 1,300)
  11. Customer Service Representative (EUR 1,500)
  12. Hotel Concierge (EUR 1,500)
  13. Rehabilitation Counselor (EUR 1,600)
  14. Travel Agent (EUR 1,700)
  15. Secretary (EUR 1,700)
  16. Painter (EUR 1,800)
  17. Carpenter (EUR 1,900)
  18. Bus Driver (EUR 1,900)
  19. Artist (EUR 1,900)
  20. Truck Driver (EUR 1,900)
List with best paid industries in MartiniqueDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs by industry

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