Diamond Setter Average Salary in Islamabad 2024
How much money does a person working as Diamond Setter make in Islamabad?
LOW
18,500
PKR AVERAGE
34,800
PKR HIGH
53,000
PKR
A person working as Diamond Setter in Islamabad typically earns around 34,800 PKR. Salaries range from 18,500 PKR (lowest) to 53,000 PKR (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Diamond Setter salaries in Islamabad vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Diamond Setter Pay Scale and Salaries in Islamabad
Salary Structure and Pay Scale Comparison
31,300 PKR or more
27,900 to 31,300 PKR
20,600 PKR or less
20,600 to 27,900 PKR
 18,500 PKR |
31,400 PKR |
53,000 PKR |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Diamond Setter in Islamabad range from 18,500 PKR (starting salary) to 53,000 PKR (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 31,400 PKR, half of the professionals who work as Diamond Setter in Islamabad earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Diamond Setter in Islamabad earn less than 26,200 PKR, while 75% earn more. Similarly, the chart shows that 75% earn less than 35,500 PKR while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Diamond Setter in Islamabad compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 20,600 PKR to 27,900 PKR. About 20% of salaries are below the 20,600 PKR mark, while 10% fall within the range of 27,900 PKR to 31,300 PKR. Only 5% of individuals have salaries exceeding 31,300 PKR.
Salary Comparison by Years of Experience / Diamond Setter / Islamabad
How do experience and age affect pay?
| 0 - 2 Years | 21,200 PKR | |
| 2 - 5 Years | +23% | 26,100 PKR |
| 5 - 10 Years | +42% | 36,900 PKR |
| 10 - 15 Years | +17% | 43,100 PKR |
| 15 - 20 Years | +10% | 47,400 PKR |
| 20+ Years | +6% | 50,200 PKR |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Diamond Setter and this is what we found.
Employees with less than two years of experience earn approximately 21,200 PKR.
While someone with an experience level between two and five years is expected to earn 26,100 PKR, 23% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 36,900 PKR, 42% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 43,100 PKR, 17% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 47,400 PKR, 10% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 50,200 PKR, 6% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Diamond Setter / Islamabad
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Diamond Setter.
| High School | 28,100 PKR | |
| Certificate or Diploma | +61% | 45,400 PKR |
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Diamond Setter in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 28,100 PKR.
Level 2: Certificate or Diploma
At this level, the average salary becomes 45,400 PKR, 61% more than the previous level.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Diamond Setter / Islamabad
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Diamond Setter in Pakistan, the average difference between the salary of male and female employees is 18%.
| Male | 39,100 PKR | |
| Female | -15% | 33,300 PKR |
Salary Comparison By Gender in Pakistan for all Careers
Average Annual Salary Increment Percentage / Diamond Setter / Islamabad
How much are annual salary increments in Islamabad for individuals working as Diamond Setter? How often do employees get salary raises?
Individuals working as Diamond Setter in Pakistan are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 8% granted to employees every 19 months.
Pakistan / All Professions
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency
Worldwide Salary Raises: All Countries and All Jobs
Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / Diamond Setter / Pakistan
How much and how often are bonuses being awarded?
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100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from % to % of their annual salary.
| Received Bonus | % | |
| No Bonus | 100% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Average Hourly Wage / Diamond Setter / Islamabad
200 PKR per hourThe average hourly wage (pay per hour) for individuals working as Diamond Setter in Islamabad is 200 PKR.This is the rate they get paid for every worked hour.
About The Hourly Pay Rate
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working as Diamond Setter in Islamabad is 110 PKR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Fashion and Apparel |  -100% | |
| Alterations Specialist | 29,600 PKR | -15% |
| Barber | 32,300 PKR | -7% |
| Bench Jeweler | 27,100 PKR | -22% |
| Clothing and Textile Technologist | 67,200 PKR |  +93% |
| Cosmetology Educator | 78,500 PKR | +130% |
| Diamond Setter | 34,800 PKR | -0% |
| Diamond Worker | 39,700 PKR | +14% |
| Ethical Fashion Advocate | 64,800 PKR | +86% |
| Fabric Manager | 74,900 PKR | +120% |
| Fashion Appraiser | 71,900 PKR | +110% |
| Fashion Content Creator | 70,300 PKR | +100% |
| Fashion Design Manager | 124,000 PKR | +260% |
| Fashion Designer | 98,700 PKR | +180% |
| Fashion Forecaster | 68,800 PKR | +97% |
| Fashion Merchandiser | 50,300 PKR | +44% |
| Fashion Model | 72,200 PKR | +110% |
| Fashion Technologist | 55,800 PKR | +60% |
| Freelance Fashion Stylist | 113,000 PKR | +220% |
| Garment Technologist | 63,500 PKR | +82% |
| Hairstylist | 33,600 PKR | -4% |
| Jeweler | 58,700 PKR | +69% |
| Jewelry Mold Maker | 40,100 PKR | +15% |
| Jewelry Polisher | 24,200 PKR | -31% |
| Jewelry Sales | 49,200 PKR | +41% |
| Personal Stylist | 62,900 PKR | +81% |
| Plating Manager | 83,100 PKR | +140% |
| Product Development Manager | 141,000 PKR | +300% |
| Sewing Machine Operator | 22,300 PKR | -36% |
| Shoe Sales | 36,800 PKR | +6% |
| Supply Chain Manager | 123,000 PKR | +250% |
| Tailor / Fitter | 31,200 PKR | -10% |
| Texture Consultant | 61,700 PKR | +77% |
| Trend Forecaster | 72,000 PKR | +110% |
| Virtual Stylist | 59,900 PKR | +72% |
| Visual Merchandising Coordinator | 49,400 PKR | +42% |
| Visual Merchandising Projects Manager | 111,000 PKR | +220% |
Salary Comparison By City
| City | Average Salary |
| Islamabad | 34,800 PKR |
| Karachi | 40,400 PKR |
| Lahore | 41,000 PKR |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Pakistan is 12% on average across all career fields.
| Private Sector | 76,500 PKR | |
| Public Sector | +12% | 85,700 PKR |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Diamond Setter in Islamabad?
A good and competitive compensation would range anywhere between 31,400 PKR and 35,500 PKR. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for a careers like Diamond Setter in Islamabad ranges from 18,500 PKR to 26,200 PKR. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
