Average Salary in Nauru 2024

Unveiling the Salary Scene in Nauru: Exploring Pay Scale, Wage Gap, Yearly Increments, and Education-Based Breakdown. Discover the intricate dynamics of salary structures in Nauru as we delve into the nation's pay scales, wage gaps, and yearly increments. Gain insights into how education levels and years of experience impact earning potential, unraveling the factors that contribute to this unique compensation landscape. Navigate the nuances of salaries in Nauru within our comprehensive article, offering a deep analytical view optimized for SEO.
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 Nauru in 2024?

What is the average salary in Nauru in 2024?
620USD
(USD 7,400 yearly)
Low 280 USD
Average 620 USD
High 2,800 USD
A person working in Nauru typically earns around USD 620 per month. Salaries range from USD 280 (lowest average) to USD 2,800 (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 Nauru in 2023, salaries changed by +0.9% 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 Nauru

Pay Scale Comparison and Salary Structure

Nearly everyone earns less than USD 2,800, 75% of the people earn USD 850 or less. 50% employees earn less USD 600 or less, 25% of the employees earn less than USD 450.Download chartGet chart linkShare on FacebookShare on Twitter

Salary Structure

Nearly everyone earns less than USD 2,800, 75% of the people earn USD 850 or less. 50% employees earn less USD 600 or less, 25% of the employees earn less than USD 450.

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 Nauru the minimum salary is USD 280.

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 Nauru the median salary is USD 490.

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 Nauru the salary ranges from USD 280 to USD 2,800.

Annual Salary Increments in Nauru

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

In 2024, employees based in Nauru witnessed an average salary increase of 0.9%. It's crucial to emphasize that this is an aggregate figure encompassing all job sectors. The worldwide average for 2024 is 0.9%.Download chartGet chart linkShare on FacebookShare on Twitter
During 2024, Nauru recorded an average salary increment of around 0.9% for its employees, spanning various job sectors. On a global scale, the average salary increase for 2024 is 0.9%.

Historical Graph of Annual Salary Increments in Nauru

The salary of employees in Nauru has been increasing in recent years, with an average yearly increment of 3.8%. The increment ranges from 0.9% to 7.3% per year.Download chartGet chart linkShare on FacebookShare on Twitter
Employees in Nauru received in recent years salary increase from 0.9% to 7.3% on average per year. It means 3.8% increment per year on average.

Salary Forecast and Trends for the Future in Nauru

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 3.5%. Estimated range is between 1.9% and 5.3%.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 3.5%. Estimated range is between 1.9% and 5.3%.

Gender Wage Gap in Nauru

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

Actual wage gap in Nauru is 5.0%.Download chartGet chart linkShare on FacebookShare on Twitter
In terms of wage disparity, Nauru experiences 5.0%.
It's due to many factors, such as:
  • Gender-based prejudice.
  • On an average, women take 10% more days of paid leave compared to men annually.
  • Men are more likely than women to have a college degree.
  • Caregiving responsibilities for children and elderly relatives are more often taken on by women than men.
  • Part-time employment is disproportionately dominated by women, who usually earn less than their full-time counterparts.
  • 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 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

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. manifests a strong passion for learning and advancing society through a rewarding 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 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 5%-9%. Expertise and leadership bring 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 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 about 5%-9%. 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 22%-26% higher, mirroring strategic influence and heightened leadership contributions.

Average Hourly Wage in Nauru

What is the average hourly wage in the Nauru?

Average Hourly Wage
4USD
Low 2 USD
Average 4 USD
High 16 USD

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

  • Income instability: Budgeting and planning for expenses can be difficult due to the irregular or fluctuating income that hourly wages may result in.
  • 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 disrupt work-life balance and make it challenging to maintain consistent routines.
  • Uncertain job security: Hourly positions have a higher risk of job insecurity compared to salaried positions because of their susceptibility to layoffs, downsizing, or changes in demand.
  • Limited career advancement: Within the organization, a few hourly jobs may present limited opportunities for career growth, professional development, or upward mobility.
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 Nauru

What are the best paying jobs in Nauru?

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

Highest paying jobs Nauru?

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

Lowest paying jobs Nauru?

  1. Cashier (USD 290)
  2. Childcare Worker (USD 310)
  3. Stock clerk (USD 310)
  4. Elder Care Worker (USD 310)
  5. Receptionist (USD 330)
  6. Bartender (USD 350)
  7. Food and beverage server (USD 360)
  8. Janitor (USD 360)
  9. Waiter (USD 360)
  10. Tour Guide (USD 370)
  11. Customer Service Representative (USD 440)
  12. Hotel Concierge (USD 440)
  13. Rehabilitation Counselor (USD 450)
  14. Travel Agent (USD 490)
  15. Secretary (USD 500)
  16. Painter (USD 520)
  17. Carpenter (USD 540)
  18. Bus Driver (USD 550)
  19. Artist (USD 550)
  20. Truck Driver (USD 560)
List with best paid industries in NauruDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs by industry

  1. Healthcare (USD 1,800)
  2. Business and Management (USD 1,500)
  3. Marketing and Sales (USD 1,400)
  4. Engineering (USD 1,300)
  5. Law (USD 1,200)
  6. Accounting and Finance (USD 1,200)
  7. Computer and Information Technology (USD 1,200)
  8. Transportation and Logistics (USD 1,200)
  9. Science (USD 1,100)
  10. Education and Training (USD 910)
  11. Other (USD 680)
  12. Hospitality and Tourism (USD 570)
  13. Social Services (USD 470)
  14. Services (USD 430)