Average Salary in Vanuatu 2024

Exploring the Intricacies of Salary in Vanuatu: Unveiling the Pay Scale, Wage Gap, and Yearly Increments. This article delves into the captivating dynamics of salaries in Vanuatu, shedding light on various aspects such as the prevailing pay scale, the persistent wage gap, and the intriguing yearly increments. With a comprehensive breakdown over education levels and years of experience, this insightful piece analyzes the factors influencing earning potential in Vanuatu, offering invaluable information for individuals seeking to navigate their careers in this stunning Pacific island nation.
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 Vanuatu in 2024?

What is the average salary in Vanuatu in 2024?
740USD
(USD 8,900 yearly)
Low 340 USD
Average 740 USD
High 3,300 USD
In Vanuatu, individuals usually earn an average salary of USD 740 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 Vanuatu in 2023, salaries changed by +0.8% so far. Looking ahead, economists project a gradual recovery in the job market. We will be able to fully compare 2023 and 2024 at the year's end.

Pay Scale and Salaries in Vanuatu

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 720 or less, 25% of the employees earn less than USD 540.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 720 or less, 25% of the employees earn less than USD 540.

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 Vanuatu the minimum salary is USD 340.

Median Salary

With half of the values above and half below it, the median salary in Vanuatu serves as the middle point of all salaries in a dataset. This measurement provides a more balanced representation of income distribution and is commonly utilized to determine 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 Vanuatu the salary ranges from USD 340 to USD 3,300.

Annual Salary Increments in Vanuatu

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

In 2024, Vanuatu employees received an average salary increase of 0.8%. It's essential to note that this is an average figure across all job sectors. Globally, the average salary increment for 2024 is 0.8%.Download chartGet chart linkShare on FacebookShare on Twitter
Employees in Vanuatu experienced an average salary increase of 0.8% during 2024. This average is calculated across different job sectors. Globally, the average salary increase for 2024 is 0.8%.

Historical Graph of Annual Salary Increments in Vanuatu

In the past years, employees in Vanuatu have seen their salaries rise by an average of 3.9% per year. The increment ranges from 0.8% to 8.2% per year on average.Download chartGet chart linkShare on FacebookShare on Twitter
Vanuatu employees have, on average, received a yearly salary increase of 3.9% in recent years. The increment has ranged from 0.8% to 8.2% per year.

Salary Forecast and Trends for the Future in Vanuatu

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 3.4%. Estimated range is between 1.9% and 5.2%.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 3.4%. Estimated range is between 1.9% and 5.2%.

Gender Wage Gap in Vanuatu

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

Actual wage gap in Vanuatu is 10.0%.Download chartGet chart linkShare on FacebookShare on Twitter
The wage gap in Vanuatu currently stands at 10.0%.
It's due to many factors, such as:
  • Gender disparity.
  • On average, women take 10% more days of paid vacation than men each year.
  • Compared to men, women have a lower likelihood of having a college degree.
  • When it comes to caregiving responsibilities for children and elderly relatives, women are more probable than men to take them on.
  • Women are more likely than men to work part-time, and part-time workers typically earn less than full-time workers.
  • Women generally find themselves working in lower-paying occupations compared to 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 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

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. Beyond financial rewards, pursuing a bachelor's degree fosters personal growth, critical thinking skills, and the chance to specialize in a particular field of interest. It also facilitates valuable networking opportunities and 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. demonstrates a strong dedication to knowledge and paves the way for a successful 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 nearly 8%-12%. Expertise and leadership secure higher recognition and greater financial rewards. Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 23%-27% 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 about 8%-12%. 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 23%-27% higher, mirroring strategic influence and heightened leadership contributions.

Average Hourly Wage in Vanuatu

What is the average hourly wage in the Vanuatu?

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: Hourly wages may result in irregular or fluctuating income, making 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 disrupt work-life balance and make it challenging to maintain consistent routines.
  • Uncertain job security: Layoffs, downsizing, or changes in demand can make hourly positions more vulnerable to job insecurity when compared to salaried positions.
  • 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 Vanuatu

What are the best paying jobs in Vanuatu?

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

Highest paying jobs Vanuatu?

  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 2,600)
  6. Airline Pilot (USD 2,500)
  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 2,000)
  13. Brand Manager (USD 2,000)
  14. Marketer (USD 2,000)
  15. Judge (USD 2,000)
  16. Treasurer (USD 1,900)
  17. Controller (USD 1,900)
  18. Pharmacist (USD 1,900)
  19. Tax Lawyer (USD 1,900)
  20. Lawyer (USD 1,900)
List with worst paid jobs in VanuatuDownload chartGet chart linkShare on FacebookShare on Twitter

Lowest paying jobs Vanuatu?

  1. Cashier (USD 350)
  2. Childcare Worker (USD 370)
  3. Stock clerk (USD 380)
  4. Elder Care Worker (USD 380)
  5. Receptionist (USD 390)
  6. Bartender (USD 420)
  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 530)
  13. Rehabilitation Counselor (USD 540)
  14. Travel Agent (USD 590)
  15. Secretary (USD 600)
  16. Painter (USD 620)
  17. Carpenter (USD 650)
  18. Bus Driver (USD 660)
  19. Artist (USD 670)
  20. Truck Driver (USD 680)
List with best paid industries in VanuatuDownload 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 1,400)
  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 1,100)
  11. Other (USD 820)
  12. Hospitality and Tourism (USD 680)
  13. Social Services (USD 560)
  14. Services (USD 510)