Average Salary in Norfolk Island 2024

Explore the intricacies of salary in Norfolk Island with our comprehensive article. Delve into the pay scale, wage gap, and yearly increments. Gain valuable insights as we break down salaries based on education level and years of experience, offering a comprehensive analysis of the island's salary landscape. Uncover the factors influencing the wage gap and discover strategies for advancing your earning potential. Stay informed with our informative, SEO-optimized article on Norfolk Island salaries.
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 Norfolk Island in 2024?

What is the average salary in Norfolk Island in 2024?
2,000USD
(USD 22,900 yearly)
Low 860 USD
Average 2,000 USD
High 8,500 USD
The average salary for individuals working in Norfolk Island is about USD 2,000 per month. However, salary ranges from USD 860 (lowest average) to USD 8,500 (highest average, actual maximum salary is higher). Please note that this figure takes into account housing, transport, and other benefits. Salaries can significantly vary across different careers. If you would like to know the salary of a specific job title, please see the information below.
In comparison with average salary in Norfolk Island in 2023, salaries changed by +0.8% so far. Looking ahead, economists project a gradual recovery in the job market. Full comparison between 2023 and 2024 will be conducted by the year's end.

Pay Scale and Salaries in Norfolk Island

Pay Scale Comparison and Salary Structure

Nearly everyone earns less than USD 8,500, 75% of the people earn USD 2,700 or less. 50% employees earn less USD 1,900 or less, 25% of the employees earn less than USD 1,400.Download chartGet chart linkShare on FacebookShare on Twitter

Salary Structure

Nearly everyone earns less than USD 8,500, 75% of the people earn USD 2,700 or less. 50% employees earn less USD 1,900 or less, 25% of the employees earn less than USD 1,400.

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 Norfolk Island the minimum salary is USD 860.

Median Salary

The median salary in Norfolk Island tends to reflect the middle point of all salaries in a dataset, with half of the values above and half below it. This indicator offers a more balanced outlook on income distribution and is frequently used to assess 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 Norfolk Island the salary ranges from USD 860 to USD 8,500.

Annual Salary Increments in Norfolk Island

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

In 2024, the average salary increment for Norfolk Island employees was 0.8%. Please note that this is an average across all job sectors. On a global scale, the average for 2024 is 0.8%.Download chartGet chart linkShare on FacebookShare on Twitter
During 2024, Norfolk Island recorded an average salary increment of around 0.8% for its employees, spanning various job sectors. On a global scale, the average salary increase for 2024 is 0.8%.

Historical Graph of Annual Salary Increments in Norfolk Island

On an average, employees in Norfolk Island have received a salary increase ranging from 0.8% to 5.3% per year in recent years. This translates to an average increment of 3.4% per year.Download chartGet chart linkShare on FacebookShare on Twitter
Employees in Norfolk Island received in recent years salary increase from 0.8% to 5.3% on average per year. It means 3.4% increment per year on average.

Salary Forecast and Trends for the Future in Norfolk Island

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 4.2%. Estimated range is between 2.3% and 6.4%.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 4.2%. Estimated range is between 2.3% and 6.4%.

Gender Wage Gap in Norfolk Island

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

In terms of wage disparity, Norfolk Island experiences 7.0%.Download chartGet chart linkShare on FacebookShare on Twitter
Actual wage gap in Norfolk Island is 7.0%.
It's due to many factors, such as:
  • Gender discrimination.
  • On average, women use 10% more paid vacation days per year compared to men.
  • Men are more inclined than women to possess a college degree.
  • Women are more likely than men to take on caregiving responsibilities for children and elderly relatives.
  • In comparison to men, women are more prone to working part-time, resulting in lower earnings compared to full-time workers.
  • 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 receiving a bachelor's degree present a multitude of benefits. First and foremost, they significantly enhance career prospects, leading to higher earning potential and broader access to 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. 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 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 7%-11%. Expertise and leadership garner higher recognition and greater financial rewards. Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 21%-25% 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 approximately 7%-11%. Expertise and leadership attain 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 21%-25% higher, mirroring strategic influence and heightened leadership contributions.

Average Hourly Wage in Norfolk Island

What is the average hourly wage in the Norfolk Island?

Average Hourly Wage
11USD
Low 5 USD
Average 11 USD
High 49 USD

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

  • Income instability: Dealing with irregular or fluctuating income from hourly wages can make it challenging to budget and plan for expenses.
  • 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 commonly 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 interrupt work-life balance and make it difficult to maintain consistent routines.
  • Uncertain job security: Compared to salaried positions, job insecurity in hourly positions can increase as they are more 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 Norfolk Island

What are the best paying jobs in Norfolk Island?

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

Highest paying jobs Norfolk Island?

  1. Surgeon (USD 8,400)
  2. Doctor (USD 7,600)
  3. Chief Executive Officer (CEO) (USD 7,200)
  4. Registered Nurse Anesthetist (USD 7,000)
  5. Dentist (USD 6,700)
  6. Airline Pilot (USD 6,500)
  7. Intellectual Property Lawyer (USD 6,300)
  8. Marketing Manager (USD 5,600)
  9. Marketing Director (USD 5,600)
  10. Sales Director (USD 5,200)
  11. Sales Manager (USD 5,200)
  12. Petroleum Engineer (USD 5,200)
  13. Brand Manager (USD 5,100)
  14. Marketer (USD 5,100)
  15. Judge (USD 5,000)
  16. Treasurer (USD 4,900)
  17. Controller (USD 4,900)
  18. Pharmacist (USD 4,800)
  19. Tax Lawyer (USD 4,700)
  20. Lawyer (USD 4,700)
List with worst paid jobs in Norfolk IslandDownload chartGet chart linkShare on FacebookShare on Twitter

Lowest paying jobs Norfolk Island?

  1. Cashier (USD 900)
  2. Childcare Worker (USD 940)
  3. Stock clerk (USD 960)
  4. Elder Care Worker (USD 960)
  5. Receptionist (USD 1,000)
  6. Bartender (USD 1,100)
  7. Food and beverage server (USD 1,100)
  8. Janitor (USD 1,100)
  9. Waiter (USD 1,200)
  10. Tour Guide (USD 1,200)
  11. Customer Service Representative (USD 1,400)
  12. Hotel Concierge (USD 1,400)
  13. Rehabilitation Counselor (USD 1,400)
  14. Travel Agent (USD 1,500)
  15. Secretary (USD 1,600)
  16. Painter (USD 1,600)
  17. Carpenter (USD 1,700)
  18. Bus Driver (USD 1,700)
  19. Artist (USD 1,800)
  20. Truck Driver (USD 1,800)
List with best paid industries in Norfolk IslandDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs by industry

  1. Healthcare (USD 5,400)
  2. Business and Management (USD 4,600)
  3. Marketing and Sales (USD 4,200)
  4. Engineering (USD 3,900)
  5. Law (USD 3,700)
  6. Accounting and Finance (USD 3,600)
  7. Computer and Information Technology (USD 3,600)
  8. Transportation and Logistics (USD 3,500)
  9. Science (USD 3,500)
  10. Education and Training (USD 2,900)
  11. Other (USD 2,100)
  12. Hospitality and Tourism (USD 1,800)
  13. Social Services (USD 1,500)
  14. Services (USD 1,400)