Average Business and Financial Operations Occupations Salary in Guam
In Guam, professionals in Business and Financial Operations Occupations can expect an average annual salary of $64,440. This figure is notably lower than the national average of $94,590, reflecting the unique economic landscape and demand specific to the island territory. Factors such as local market conditions and the cost of doing business on Guam contribute to this salary differential.
Executive Summary
- Average Salary: $64,440 per year.
- Growth Trend: Salaries have shifted 13.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $104,330.
- Outlook: With a local workforce of 3,200 individuals in Business and Financial Operations, and a Location Quotient of 0.77, the job market in Guam indicates a slightly lower concentration of these roles compared to the national average. While not a major hub for this sector, the consistent presence of 51.481 jobs per 1,000 workers suggests a stable, albeit specialized, demand for these essential financial and operational skills.
Salary Overview
The average Business and Financial Operations Occupations in Guam earns-31.9%below the national average.
$31
$1,239
$5,370
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data for Guam's Business and Financial Operations sector isn't provided, it's reasonable to assume a general trend of salary growth over the past four years, mirroring national patterns. Economic development and evolving business needs on the island likely contribute to incremental increases in compensation for these vital roles.
Business and Financial Operations Occupations Salary Distribution in Guam
Career progression within Business and Financial Operations in Guam typically sees a significant salary increase with experience. Entry-level positions might start closer to the lower end of the spectrum, while senior roles, demanding specialized expertise and leadership, command higher compensation. The widening gap between entry-level and senior salaries reflects the established career ladder and the value placed on seasoned professionals in the local market.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $34,990 | $16.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $48,330 | $23.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $59,360 | $28.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $80,550 | $38.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $104,330 | $50.2 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$64,440
Gross Pay
Real Wage (Purchasing Power)
$49,569
Adjusted for COL (130)
The average annual salary of $64,440 in Guam for Business and Financial Operations roles must be considered alongside a Cost of Living Index of 130. This index indicates that living expenses in Guam are 30% higher than the national average. Therefore, while the nominal salary might seem substantial, its purchasing power is diminished by the elevated cost of goods and services on the island.
Job Market Context
3,200
Total Jobs
51.481
Per 1K Jobs
0.77
Location Quotient
Guam has 0.77x the national average concentration of Business and Financial Operations Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.77 for Business and Financial Operations in Guam suggests that these roles are slightly less prevalent than the national average. This indicates a market that is neither oversaturated nor exceptionally scarce, implying a moderate level of competition for talent. Businesses seeking these professionals may find a steady pool of candidates, but specialized skills could still command a premium.
Nearby Job Markets
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Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Guam?
The median annual salary for a Business and Financial Operations Occupations in Guam is $64,440. This typically ranges from $34,990 for entry-level positions to $104,330 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Guam is 31.9% lower than the national median of $94,590.
Is Guam a lucrative place for Business and Financial Operations Occupationss?
No, not exceptionally.While the average salary is $64,440, it falls significantly below the national average, and the higher cost of living further reduces its relative value.
Is Guam a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Guam is 130. While higher than average, this often correlates with higher wages.
How does Guam's salary for Business and Financial Operations compare to the national average?
The average salary in Guam for Business and Financial Operations is $64,440, which is considerably lower than the national average of $94,590.
What is the Cost of Living in Guam relative to the rest of the US?
Guam has a Cost of Living Index of 130, meaning it is 30% more expensive to live there than the national average.
How concentrated are Business and Financial Operations jobs in Guam?
With a Location Quotient of 0.77, these jobs are slightly less concentrated in Guam compared to the national average, suggesting a stable but not dominant presence.
What does the 'Jobs per 1,000 Workers' metric mean for Guam?
The figure of 51.481 jobs per 1,000 workers indicates the relative availability of Business and Financial Operations roles within Guam's total workforce, showing a consistent demand.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,200 employees in the Guam area with a job density of 51.481 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Business and Financial Operations Occupations • Data source: BLS OEWS 2024 •Jobs in Guam