A person working in Banking in Suva typically earns around 5,620 FJD. Salaries range from 1,760 FJD (lowest average) to 11,500 FJD (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 Banking domain in Suva 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 Banking in Suva range from 1,760 FJD (starting average salary) to 11,500 FJD (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 Banking is 4,890 FJD, implying that half of the workforce in Suva 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 Banking in Suva earn less than 3,650 FJD, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 6,010 FJD, 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 Banking in Suva. The analysis revealed that roughly 65% of all reported salaries fell within the range of 2,460 FJD to 4,530 FJD. Approximately 20% of salaries were below the 2,460 FJD mark, while 10% ranged from 4,530 FJD to 5,470 FJD. Only 5% of individuals earned a gross salary of 5,470 FJD or higher.