A person working in Pharmaceutical and Biotechnology in Papua New Guinea typically earns around 5,500 PGK. Salaries range from 2,750 PGK (lowest average) to 9,770 PGK (highest average, actual maximum salary is higher).
The provided figure represents the median compensation that encompasses housing, transportation, and other perks. The salaries within the Pharmaceutical and Biotechnology domain in Papua New Guinea exhibit significant discrepancies across various professions. In case you seek information about the remuneration of a specific position, please refer to the salaries listed below for respective job titles.
Salaries in Pharmaceutical and Biotechnology in Papua New Guinea range from 2,750 PGK (starting average salary) to 9,770 PGK (maximum average salary, actual maximum is higher). To clarify, the number presented is not the legally mandated minimum wage. Rather, it represents the lowest figure reported in a salary survey that involved thousands of participants and professionals from across the entire country.
The median income in the field of Pharmaceutical and Biotechnology is 4,980 PGK, implying that half of the workforce in Papua New Guinea earns less than this figure, and the other half earns more. It represents the central value of salaries. As a rule of thumb, you would prefer to be part of the group earning above the median wage, situated on the right-hand side of the salary distribution chart.
Two values that are highly correlated with the median are the 25th and 75th percentiles. By examining the salary distribution diagram, it is possible to determine that 25% of individuals employed in Pharmaceutical and Biotechnology in Papua New Guinea earn less than 4,090 PGK, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 5,810 PGK, while 25% earn more than that.
Data was regrouped into brackets to provide a better understanding of what salaries can be expected. This approach was deemed more accurate than relying solely on the average salary, as it offers greater insights into the distribution of salaries in the field of Pharmaceutical and Biotechnology in Papua New Guinea. The analysis revealed that roughly 65% of all reported salaries fell within the range of 3,240 PGK to 4,760 PGK. Approximately 20% of salaries were below the 3,240 PGK mark, while 10% ranged from 4,760 PGK to 5,450 PGK. Only 5% of individuals earned a gross salary of 5,450 PGK or higher.