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Average Salary in Jamaica 2020

How much money does a person working in Jamaica make?


Average Monthly Salary
96,400 JMD
( 1,160,000 JMD yearly)

LOW
24,400
JMD
AVERAGE
96,400
JMD
HIGH
430,000
JMD

A person working in Jamaica typically earns around 96,400 JMD per month. Salaries range from 24,400 JMD (lowest average) to 430,000 JMD (highest average, actual maximum salary is higher).

This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Distribution of Salaries in Jamaica

Median and salary distribution monthly Jamaica
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The median, the maximum, the minimum, and the range

  • Salary Range

    Salaries in Jamaica range from 24,400 JMD per month (minimum salary) to 430,000 JMD per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 100,000 JMD per month, which means that half (50%) of the population are earning less than 100,000 JMD while the other half are earning more than 100,000 JMD. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of the population are earning less than 56,100 JMD while 75% of them are earning more than 56,100 JMD. Also from the diagram, 75% of the population are earning less than 276,000 JMD while 25% are earning more than 276,000 JMD.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning 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

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.

Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.


Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.

As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.


Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.

Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma.

Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.

Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.


Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Jamaica costs anywhere from 482,000 Jamaican Dollar(s) to 1,450,000 Jamaican Dollar(s) and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.



Salary Comparison By Gender

Salary comparison by gender monthly Jamaica
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees in Jamaica earn 7% more than their female counterparts on avergae across all sectors.

Female
94,100 JMD
Male+7%
100,000 JMD
Percentage increase and decrease are relative to the previous value

Average Annual Salary Increment Percentage in Jamaica

How much are annual salary increments in Jamaica? How often do employees get salary raises?

Jamaica

Employees in Jamaica are likely to observe a salary increase of approximately 5% every 28 months.

Annual Salary Increment Rate Jamaica
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely 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

The average salary increase in one year (12 months) in Jamaica is 2%.

Annual Increment Rate By Industry 2019

Banking
7%
Energy
5%
Information Technology
3%
Healthcare
1%
Travel
8%
Construction
6%
Education
4%

Listed above are the average annual increase rates for each industry in Jamaica for the year 2019. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.


Average Salary Increase Rate by Experience Level

Junoir Level
3% - 5%
Mid-Career
6% - 9%
Senior Level
10% - 15%
Top Management
15% - 20%

The difference in increment rates is somehow justified because employers put more effort to retain more experienced staff since they are harder to acquire than less experienced ones.

Worldwide Salary Raises: All Countries and All Jobs

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Bonus and Incentive Rates in Jamaica

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Jamaica
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63% of surveyed staff in Jamaica reported that they haven't received any bonuses or incentives in the previous year while 37% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.

Received Bonus
37%
No Bonus
63%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, 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 Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These 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.


Bonus Rates Comparison by Career Field

Finance
High
Architecture
High
Sales
High
Business Development
High
Marketing / Advertising
High
Information Technology
Moderate
Healthcare
Moderate
Insurance
Moderate
Customer Service
Moderate
Human Resources
Moderate
Construction
Low
Transport
Low
Hospitality
Low

What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting 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:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


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.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

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.

Government vs Private Sector Salary Comparison

Public vs private sector salaries monthly Jamaica
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Where can you get paid more, working for a private company or for the government? Public sector employees in Jamaica earn 10% more than their private sector counterparts on average across all sectors.

Private Sector
93,500 JMD
Public Sector+10%
103,000 JMD
Percentage increase and decrease are relative to the previous value

Salaries for popular jobs

Job TitleAverage Salary
Accounting and Finance
Accountant71,600 JMD
Accounting Assistant56,400 JMD
Accounting Manager143,000 JMD
Bookkeeper44,500 JMD
Chartered Accountant89,500 JMD
Corporate Treasurer138,000 JMD
Financial Analyst131,000 JMD
Financial Manager196,000 JMD
Internal Auditor98,800 JMD

Administration / Reception / Secretarial
Administrative Assistant54,000 JMD
Office Manager87,500 JMD
Receptionist37,100 JMD
Secretary46,400 JMD

Advertising / Grapic Design / Events
Art Director99,200 JMD
Creative Director103,000 JMD
Graphic Designer61,400 JMD
Photographer54,700 JMD

Airlines / Aviation / Aerospace / Defense
Aerospace Engineer130,000 JMD
Air Traffic Controller113,000 JMD
Flight Attendant69,000 JMD
Pilot178,000 JMD

Architecture
Architect116,000 JMD
CAD Drafter50,500 JMD

Automotive
Mechanic37,700 JMD
Service Advisor70,100 JMD

Banking
Bank Branch Manager186,000 JMD
Teller37,700 JMD

Bilingual
Teacher75,300 JMD
Translator89,500 JMD

Business Planning
Business Analyst129,000 JMD
Business Development Manager164,000 JMD
Project Manager113,000 JMD

Care Giving and Child Care
Nanny39,900 JMD
Nursery Teacher36,100 JMD

Construction / Building / Installation
Civil Engineer90,200 JMD
Construction Project Manager162,000 JMD
Health and Safety Officer44,600 JMD

Customer Service and Call Center
Call Center Representative38,300 JMD
Customer Service Manager132,000 JMD
Customer Service Representative36,800 JMD

Engineering
Electrical Engineer97,900 JMD
Engineer95,300 JMD
Mechanical Engineer95,100 JMD

Executive and Management
Chief Executive Officer226,000 JMD
Chief Financial Officer204,000 JMD
General Manager171,000 JMD

Food / Hospitality / Tourism / Catering
Chef61,600 JMD
Executive Chef72,100 JMD
Hotel Manager176,000 JMD
Travel Agent65,900 JMD
Waiter / Waitress30,000 JMD

Health and Medical
Dentist236,000 JMD
Dietitian187,000 JMD
Laboratory Technician75,500 JMD
Nurse81,100 JMD

Human Resources
Human Resources Manager143,000 JMD
Human Resources Officer58,800 JMD

Information Technology
Computer Technician79,600 JMD
Database Administrator102,000 JMD
Developer / Programmer102,000 JMD
Information Technology Manager165,000 JMD
Network Engineer88,000 JMD

Law Enforcement / Security / Fire
Police Officer58,400 JMD

Legal
Attorney200,000 JMD
Legal Assistant54,300 JMD

Media / Broadcasting / Arts / Entertainment
Journalist117,000 JMD

Pharmaceutical and Biotechnology
Biomedical Engineer88,600 JMD
Pharmacist129,000 JMD

Sales Retail and Wholesale
Cashier36,200 JMD
Sales Manager171,000 JMD
Sales Representative65,000 JMD

Teaching / Education
Elementary School Teacher70,300 JMD
Secondary School Teacher81,900 JMD

Average Hourly Wage in Jamaica


560 JMD per hour

The average hourly wage (pay per hour) in Jamaica is 560 JMD. This means that the average person in Jamaica earns approximately 560 JMD for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

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 fix 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.

Salary Comparison By City

CityAverage Salary
Kingston106,000 JMD
144958 - 320

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