The 2014 Global eLearning Salary & Compensation Report is out—where does your salary weigh in on the scale? The eLearning Guild, which publishes the report every year, has developed an online calculator this year that you can use to compute and compare baseline salaries for your situation.

The Guild gathered salary data from more than 5,900 of its 63,000 members worldwide. It reports that in 2014 e-learning salaries dipped in many countries. The United Kingdom experienced the sharpest drop, at 7 percent. Australia's salaries also fell (by 4.7 percent), but it still offers the highest e-learning salaries in the world. India was the only country to raise its salaries; pay increased there by 9.4 percent.

The 2014 average global e-learning salary is USD $76,530, which is down 1.5 percent from 2013. U.S. salaries remained flat, with an average of $78,932. Global e-learning salaries range drastically: In Australia, an e-learning professional could be making USD $94,000, while someone doing similar work in India might be earning USD $33,000.

The pharmaceutical and biotech industries pay the highest wages, which are 26 percent higher than the average global salary. Government and education pay the lowest, up to 13 percent and 23 percent below average, respectively.

Most survey respondents indicated that their job focus is instructional design. Salaries for those positions fell 7 percent below the global average. Not surprisingly, the most lucrative position in the e-learning industry is executive management, with salaries 52 percent above average. Those whose jobs entail writing, training, coaching, or support earn 23 percent below average.

The study also found that salaries are higher for those with graduate degrees. Individuals with just a bachelor's degree earn salaries that fall slightly below average, which indicates that it may be wise to continue your education.