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Average Salary in Papua New Guinea
How much money does a Papua New Guinean worker earn?
The average monthly wage in Papua New Guinea is 4,100 PGK. An employee might earn anything from 1,040 PGK up to 18,300 PGK each year.
With housing, transportation, and other perks all taken into account, this is the typical monthly wage. There is a huge disparity in pay across various professions. For example, a managerial position might earn an annual salary of 16,700 PGK while a manual laborer only earns 1,040 PGK.
The average Papua New Guinean worker takes home about 4,100 PGK each month. This wage is enough to cover the basic cost of living in Papua New Guinea. However, it is not enough to save for the future or live a comfortable lifestyle.
The minimum wage in Papua New Guinea is 1,040 PGK per month. This wage is only enough to cover the basic cost of living. Most workers earn much more than the minimum wage.
Papua New Guinea’s Salary Structure
The Pay Scale
Papua New Guinea’s monthly wage ranges from 1,040 PGK to 18,300 PGK. The median salary is 9,290 PGK.
Salaries vary based on experience, qualifications, employer, and position. For example, a doctor with several years of experience can earn up to 17,000 PGK per month, while an entry-level registered nurse may only make 1,700 PGK.
In terms of bonuses, Papua New Guinea’s workers typically receive an annual bonus of approximately 1,040 PGK. This figure is lower than the global average of 5%, but it is still significant in light of the country’s low average monthly salary.
Median Salary
Most people earn less than 4,190 PGK per month, whereas the other half earn more than 4,190 PGK per month. The median salary is the wage at which half of the population earns more than this amount and half earns less.
This means that if you are earning 4,190 PGK per month, you are earning more than 50% of the population in Papua New Guinea.
The top 10% of earners in Papua New Guinea make more than 16,760 PGK per month. This group consists of people who earn significantly more than the average worker. The bottom 10% of earners make less than 1,258 PGK per month.
Percentiles
One-quarter of the population earns less than 2,350 PGK, whereas the other three-quarters earn more than or equal to that amount. The median represents the value that divides the population into two equal halves, with one-half of the population earning less than or equal to the median, and the other half earning more. The median salary in Papua New Guinea is 5,620 PGK per month.
In contrast to the median, the mean is a measure of central tendency that takes into account all values in a data set when calculating its average. The mean salary in Papua New Guinea is 8,715 PGK per month.
This value is skewed by a small number of extremely high earners; when these outliers are removed from the data set, the mean salary drops to 7,340 PGK per month.
How do median and average salaries differ?
Both the average salary and median compensation are indicators because they measure central tendency.
However, they differ in that the average salary includes all salaries while the median salary only includes the salaries of those who are in the middle of the distribution. Median is, therefore, less influenced by extreme values than the average.
Compare Papua New Guinea Salaries Based on Years of Experience
So, how exactly does the pay of an employee change over time?
To answer this, we first have to look at the distribution of salaries for each year of experience. The average salary in Papua New Guinea is PGK 70,898 per year (or $ 26,290).
Here are the average salaries for employees with 0 to 5 years of experience:
- 0-5 years: PGK 60,871 per year ($ 21,935)
- 6-10 years: PGK 73,333 per year ($ 27,063)
- 11-15 years: PGK 76,000 per year ($ 28,235)
- 16-20 years: PGK 81,250 per year ($ 29,708)
- 21-25 years: PGK 85,714 per year ($ 31,338)
- 26-30 years: PGK 90,909 per year ($ 33,182)
The salaries of employees in Papua New Guinea increase steadily with each year of experience. The biggest jump is between the 0 to 5 years and 6 to 10 years groups, where the average salary increases by PGK 12,462 per year ($ 4,128). After that, the salaries increase at a slower rate.
Comparison of Papua New Guineans’ Earnings by Education
Is there a correlation between education level and salary?
In Papua New Guinea, those with higher levels of education earn more, on average, than those who have not completed as much schooling.
The median salary for someone with a post-secondary degree is PGK 8,333 per month, while the median salary for someone with only a primary school education is PGK 3,000 per month.
This difference in earnings by education level is even more pronounced when looking at the top earners in Papua New Guinea.
The top 10% of earners in Papua New Guinea have an average monthly salary of PGK 25,833, while the bottom 10% of earners have an average monthly salary of only PGK 1,167. In short, the higher your level of education, the more likely you are to earn a high salary in Papua New Guinea.
Papua New Guineans with no formal education earn, on average, only about one-sixth of what the top earners in the country make each month. This illustrates the importance of getting a good education if you want to be financially successful in Papua New Guinea.
Comparative Wages by Gender in Papua New Guinea
On average, men in Papua New Guinea make 11% more money than women in all industries. In the public sector, women earn on average 10% more than men. In contrast, in the private sector, men earn 14% more money than women.
The disparities in wages by gender are more pronounced in some industries than others. In the agriculture, forestry, and fishing industry, women earn on average 33% less than men. In the manufacturing industry, women earn on average 20% less than men.
While the average salary for men in Papua New Guinea is higher than the average salary for women, this does not mean that all men earn more money than all women. There is a significant amount of variation in earnings within each gender group.
For example, among men, those working in the public sector earn on average 21% more than those working in the private sector. And among women, those working in the agriculture, forestry, and fishing industry earn on average 37% less than those working in the public sector.
Salary Increase Percentage for Papua New Guinean Workers
How much are Papua New Guinea’s yearly pay increases? How frequently are workers given raises?
Every 28 months, Papua New Guinean workers may expect to see an average 5.0% rise in their take-home pay. This is a significant increase compared to the global average of 4.1%.
However, it’s important to note that these figures are averages across all workers in Papua New Guinea. Individual salaries will vary depending on factors such as experience, skillset, and industry.
For example, workers in the oil and gas industry can expect to see much larger salary increases than those in the retail sector. This is due to the high demand for skilled workers in the oil and gas industry and the relatively low supply of qualified candidates.
If you’re thinking of working in Papua New Guinea, it’s important to research salary expectations in your chosen industry. With a little preparation, you can ensure that you’re paid a fair wage for your skills and experience.
Annual Growth Rate by Industry in Papua New Guinea in
- Education – 6%
- Tourism – 5%
- Business Management – 3%
- Healthcare – 2%
- Banking – 1%
Papua New Guinea is expected to see positive growth across all industries in. The education sector is expected to grow by 6%, followed by tourism at 5% and business management at 3%.
Healthcare and banking are also expected to see modest growth of 2% and 1% respectively.
This is good news for job seekers in Papua New Guinea, as there will be plenty of opportunities across a range of industries. Salaries are also expected to rise across the board, so now is a great time to look for a new job in Papua New Guinea.
Papua New Guinea Experience-Based Pay Increases
Junior-level workers in Papua New Guinea are estimated to receive a salary increase of 5.5% in, while more experienced professionals can expect an 8.0% raise. These figures are based on recent job market trends and the current inflation rate.
Mid-level career workers are expected to receive a salary increase of 9.2%, while those at the senior level can expect an 11.1% raise. These figures are based on recent job market trends and the current inflation rate.
Papua New Guinea’s economic growth is expected to continue in 2020, with gross domestic product (GDP) growth forecast at 3.5%. This positive outlook is attributable to continued expansion in the country’s key sectors, such as agriculture, mining, and tourism.
Compensation for Papua New Guineans
How frequently and how much are bonuses awarded?
60% of Papua New Guinean employees asked claimed they got no bonuses or incentives in the preceding year, while 36% stated they received at least one kind of monetary bonus during that period.
3 to 6% of an employee’s annual salary was given to them in bonus money. One-third of those who took part in the poll received an attendance bonus, which was the most prevalent kind of award.
Productivity bonuses were also popular, with nearly one-quarter of respondents reporting that they had received this type of bonus in the past year. Other types of bonuses included sign-on bonuses and spot bonuses.
Various Forms of Bonus Payments
Individual Incentives Based on Performance
Individual-based bonuses are given to employees that are able to accomplish specific tasks or goals. This type of bonus is usually given out based on the employee’s performance during a certain period of time.
For instance, an employee who is able to increase sales by a certain percentage may be given a bonus. Individual-based bonuses may also be given out for accomplishing tasks such as reducing expenses or increasing productivity.
Company Performance Rewards
This type of bonus is usually given to employees when the company as a whole meets specific goals. For example, if a company is able to increase its profits by a certain amount, all of the employees may receive a bonus.
Company performance rewards are also often given out at the end of the year if the company has met its goals for the year.
Bonuses Based on Achievement of Goals
This type of bonus is similar to individual-based bonuses, but instead of being given out based on an employee’s performance, they are given out based on the company’s goals.
For example, if a company’s goal is to increase sales by a certain amount, all of the employees that contributed to achieving that goal may receive a bonus. This type of bonus is often given out at the end of the year or quarter.
Holiday / Year-End Bonuses
Holiday or year-end bonuses are given to employees as a way of thanking them for their hard work during the year. This type of bonus is usually a percentage of the employee’s salary and is often given out in addition to their regular paycheck.
For example, an employee who makes $50,000 per year may receive a holiday bonus of 5%, which would be an extra $2,500.
Holiday bonuses are typically given out at the end of the year, but can also be given out on other holidays such as Thanksgiving or Christmas.
Comparing Bonuses for Different Careers
What makes a job worth the high pay and generous bonuses?
There are other jobs that vary in terms of bonuses and pay. Here are some examples:
Sales jobs often offer a commission-based salary, which means that your income is directly related to the amount of product you sell. This can be a very lucrative career path, but it is also high-pressure and can be challenging to achieve consistent sales figures.
Jobs in management or executive positions often come with large bonuses and salaries, as these roles are responsible for overseeing the work of others and making strategic decisions that affect the direction of the company.
While the pay is high, these roles can be demanding and challenging, requiring long hours and sometimes travel.
Careers in technology or engineering can also be well-paid, as these industries are essential to the functioning of society and often require highly-skilled workers.
While the salaries in these careers are usually good, the hours can be long and the work can be demanding, as you are often working with complex systems.
Seniority Level Bonuses in Papua New Guinea
Senior workers in a company often receive additional benefits, which can include a higher salary. In Papua New Guinea, bonuses typically range from 10-15% of an employee’s salary.
Bonuses are often given out based on an individual’s job performance or length of service with a company. The reason for this is to incentivize workers and to keep them with the company for a longer period of time.
In some cases, bonuses may also be given out to employees who have been with a company for a significant amount of time (usually 10 years or more).
Seniority-based bonuses are not as common in Papua New Guinea as they are in other countries. This is because the cost of living is already relatively low in Papua New Guinea, so workers do not need as much of an incentive to stay with a company.
Additionally, many companies in Papua New Guinea are family-owned and operated, so there is often less turnover than there would be in a larger corporation.
Popular Occupation Wages in Papua-New-Guinea
Airlines / Aviation / Aerospace
- Aerospace Engineer – 4,930 PGK
- Air Traffic Controller – 4,530 PGK
- Flight Attendant – 2,620 PGK
- Pilot – 3,910 PGK
Arts / Media / Publishing
- Graphic Designer – 1,540 PGK
- Journalist – 1,650 PGK
- Photographer – 2,090 PGK
Banking / Financial Services / Real Estate
- Bank Teller – 740 PGK
- Financial Analyst – 2,280 PGK
- Real Estate Agent – 1,920 PGK
Business / Consulting Services
- Business Consultant – 3,070 PGK
- Management Consultant – 4,560 PGK
- Marketing Consultant – 3,040 PGK
- Project Manager – 4,110 PGK
- Supervisor – 1,460 PGK
Education / Training
- College Professor – 5,090 PGK
- Elementary School Teacher – 2,080 PGK
- High School Teacher – 3,180 PGK
- Preschool Teacher – 1,780 PGK
- Principal – 7,380 PGK
Healthcare Services
- Dentist – 9,540 PGK
- Doctor – 10,620 PGK
- Nurse Practitioner – 4,920 PGK
- Pharmacist – 6,040 PGK
- Physician Assistant – 4,280 PGK
- Psychiatrist- 8,950
Information Technology (IT)
- Computer Programmer- 3,970
- Database Administrator- 3,430
- Network Administrator- 2,940
- Software Developer- 4,070
- Systems Analyst – 3,920
- Web Developer – 2,980
Law / Legal Services
- Attorney / Lawyer – 5,210 PGK
- Judge – 8,620 PGK
- Paralegal – 1,610 PGK
- Solicitor – 4,410 PGK
Manufacturing
- Quality Control Inspector- 1,560 PGK
- Production Planner- 2,280 PGK
- Purchasing Agent- 1,990 PGK
Papua New Guinea’s Typical Hourly Wage
In Papua New Guinea, the average hourly salary (pay per hour) is 24 PGK. This means that the average worker in Papua New Guinea earns 24 PGK for each hour of work. The median hourly wage is 20 PGK. This means that 50% of workers earn less than 20 PGK per hour and 50% of workers earn more than 20 PGK per hour.
The Papua New Guinea minimum wage is 16 PGK per hour. This means that no worker in Papua New Guinea can legally be paid less than 16 PGK per hour. The minimum wage is reviewed and adjusted every year by the National Minimum Wage Board.
Comparison of Wages in the Public and Private Sectors
Papua New Guinean public sector workers earn, on average, 14% more than their private-sector colleagues.
This difference is even more pronounced when comparing the top 10% of earners in each sector – public sector workers earn, on average, 33% more than their private-sector counterparts.