Average Salary in Seychelles 2024

Explore the fascinating world of salaries in Seychelles with our comprehensive article. Unveiling the intricate pay scale system, we delve into the wage gap phenomenon while shedding light on salary yearly increments. Discover how salaries differ based on education level or years of experience, unraveling the hidden factors that contribute to a thriving career in this island paradise. Stay informed and make informed decisions about your salary expectations in Seychelles.
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 Seychelles in 2024?

What is the average salary in Seychelles in 2024?
750USD
(USD 9,000 yearly)
Low 340 USD
Average 750 USD
High 3,300 USD
In Seychelles, individuals usually earn an average salary of USD 750 per month. Nonetheless, salaries can span from USD 340 (lowest average) to USD 3,300 (highest average, actual maximum salary is higher). The indicated salary incorporates housing, transport, and other benefits. There are significant variations in salaries across diverse professions. To find out about specific job titles and their respective salaries, please see the information below.
In comparison with average salary in Seychelles in 2023, salaries changed by +0.9% so far. Looking ahead, economists project a gradual recovery in the job market. Full comparison 2023 and 2024 we are able to do it at the end of the year.

Pay Scale and Salaries in Seychelles

Pay Scale Comparison and Salary Structure

Nearly everyone earns less than USD 3,300, 75% of the people earn USD 1,100 or less. 50% employees earn less USD 730 or less, 25% of the employees earn less than USD 550.Download chartGet chart linkShare on FacebookShare on Twitter

Salary Structure

Nearly everyone earns less than USD 3,300, 75% of the people earn USD 1,100 or less. 50% employees earn less USD 730 or less, 25% of the employees earn less than USD 550.

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 Seychelles the minimum salary is USD 340.

Median Salary

Located in Seychelles, the median salary is USD 590, signifying the middle point of all salaries in a dataset. This measurement offers a more equitable representation of income distribution and is widely 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 Seychelles the salary ranges from USD 340 to USD 3,300.

Annual Salary Increments in Seychelles

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

The year 2024 saw employees in Seychelles receiving an average salary increment of 0.9%. This figure represents a cross-sectoral average. Comparatively, the global average for 2024 is 0.9%.Download chartGet chart linkShare on FacebookShare on Twitter
In 2024, Seychelles employees received an average salary increase of 0.9%. It's essential to note that this is an average figure across all job sectors. Globally, the average salary increment for 2024 is 0.9%.

Historical Graph of Annual Salary Increments in Seychelles

The average yearly salary increase for employees in Seychelles over the past years ranged from 0.9% to 6.5%. On average, this represents a 3.7% increment per year.Download chartGet chart linkShare on FacebookShare on Twitter
Within the past years, employees in Seychelles have seen their salaries increase by an average of 3.7% per year. This encompasses a range of 0.9% to 6.5% increment per year.

Salary Forecast and Trends for the Future in Seychelles

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 Seychelles

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

Seychelles has an actual wage gap of 7.0%.Download chartGet chart linkShare on FacebookShare on Twitter
Actual wage gap in Seychelles is 7.0%.
It's due to many factors, such as:
  • Bias towards a particular gender.
  • On average, women use 10% more paid vacation days per year compared to men.
  • When it comes to college degrees, women are less represented than men.
  • Taking up caregiving responsibilities for children and elderly relatives is more common among women than among men.
  • The majority of part-time workers are women, and they typically earn less than those in full-time positions.
  • Women are more likely to work in lower-paying occupations 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

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. Alongside financial advantages, pursuing a bachelor's degree fosters personal growth, develops critical thinking skills, and offers the chance to specialize in a particular field of interest. It also facilitates valuable networking opportunities and promotes the cultivation 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. 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 18%-22% 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 roughly 8%-12%. Expertise and leadership earn 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 18%-22% 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 8%-12%. Expertise and leadership yield 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 Seychelles

What is the average hourly wage in the Seychelles?

Average Hourly Wage
4USD
Low 2 USD
Average 4 USD
High 19 USD

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

  • Income instability: Budgeting and planning for expenses may be challenging due to the irregular or fluctuating income that hourly wages can bring.
  • 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 connected to 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 difficult 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: There are instances where hourly employment offers restricted opportunities for career growth, professional development, or upward mobility 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 Seychelles

What are the best paying jobs in Seychelles?

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

Highest paying jobs Seychelles?

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

Lowest paying jobs Seychelles?

  1. Cashier (USD 360)
  2. Childcare Worker (USD 370)
  3. Stock clerk (USD 380)
  4. Elder Care Worker (USD 380)
  5. Receptionist (USD 390)
  6. Bartender (USD 430)
  7. Food and beverage server (USD 430)
  8. Janitor (USD 430)
  9. Waiter (USD 440)
  10. Tour Guide (USD 440)
  11. Customer Service Representative (USD 530)
  12. Hotel Concierge (USD 540)
  13. Rehabilitation Counselor (USD 550)
  14. Travel Agent (USD 590)
  15. Secretary (USD 610)
  16. Painter (USD 630)
  17. Carpenter (USD 650)
  18. Bus Driver (USD 670)
  19. Artist (USD 670)
  20. Truck Driver (USD 680)
List with best paid industries in SeychellesDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs by industry

  1. Healthcare (USD 2,100)
  2. Business and Management (USD 1,800)
  3. Marketing and Sales (USD 1,700)
  4. Engineering (USD 1,500)
  5. Law (USD 1,500)
  6. Accounting and Finance (USD 1,500)
  7. Computer and Information Technology (USD 1,400)
  8. Transportation and Logistics (USD 1,400)
  9. Science (USD 1,400)
  10. Education and Training (USD 1,200)
  11. Other (USD 820)
  12. Hospitality and Tourism (USD 690)
  13. Social Services (USD 570)
  14. Services (USD 520)