A person working in Information Technology in Bahamas typically earns around 46,900 BSD per year. Salaries range from 24,300 BSD (lowest average) to 76,500 BSD (highest average, actual maximum salary is higher).
This is the average yearly salary including housing, transport, and other benefits. Salaries vary drastically between different Information Technology careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
|Job Title||Average Salary|
|2nd Line Systems Engineer||43,800 BSD|
|ABAP Developer||42,800 BSD|
|Advertising Account Planner||40,500 BSD|
|Android Developer||44,300 BSD|
|Angular Developer||41,200 BSD|
|Application Consultant||54,300 BSD|
|Applications System Specialist||40,200 BSD|
|Artificial Intelligence and Machine Learning Specialist||56,300 BSD|
|Artificial Intelligence Developer||57,200 BSD|
|AS400 Programmer||48,900 BSD|
|Assistant Information Technology Manager||54,500 BSD|
|Assistant Service Delivery Manager||53,500 BSD|
|Avaloq Developer||42,800 BSD|
|BizTalk Developer||47,900 BSD|
|Blockchain Associate||43,500 BSD|
|Blockchain Developer||41,300 BSD|
|Build and Release Engineer||42,900 BSD|
|Business Intelligence Analyst||50,400 BSD|
|Business Intelligence Developer||47,500 BSD|
|Business Objects Developer||45,100 BSD|
|Business Process Consultant||50,300 BSD|
|Business Systems Analyst||44,600 BSD|
|C# Developer||52,300 BSD|
|C++ Developer||48,500 BSD|
|Capacity Planning Manager||64,400 BSD|
|Change Administrator||42,000 BSD|
|Chief Information Security Officer||69,600 BSD|
|Client Delivery Manager||63,800 BSD|
|CMS Developer||39,200 BSD|
|Computer Animator||40,900 BSD|
|Computer Hardware Engineer||39,200 BSD|
|Computer Networks Architect||48,700 BSD|
|Computer Operator||32,400 BSD|
|Computer Technician||37,800 BSD|
|Copy Editor||37,100 BSD|
|CRM Application Administrator||41,500 BSD|
|Cross Platform Security Manager||65,500 BSD|
|Curam Developer||37,800 BSD|
|Data Analyst||45,100 BSD|
|Data Architect||49,000 BSD|
|Data Center Technician||39,600 BSD|
|Data Entry Supervisor||29,100 BSD|
|Data Manager||60,500 BSD|
|Data Modeling Analyst||45,800 BSD|
|Data Quality Analyst||44,800 BSD|
|Data Security Analyst||45,900 BSD|
|Data Security Manager||61,600 BSD|
|Data Warehousing Manager||62,800 BSD|
|Data Warehousing Specialist||44,800 BSD|
|Database Administration Manager||60,000 BSD|
|Database Administrator||45,400 BSD|
|Database Analyst||47,900 BSD|
|Database Developer||47,500 BSD|
|Database Report Writer||44,700 BSD|
|Delivery Manager||47,100 BSD|
|Developer / Programmer||45,800 BSD|
|Development Manager||62,600 BSD|
|Director of Application Development||68,300 BSD|
|Director of Technology||78,100 BSD|
|Disaster Recovery Analyst||42,700 BSD|
|Documentation Specialist||39,400 BSD|
|E-Commerce Manager||55,800 BSD|
|E-Commerce Marketing Analyst||54,300 BSD|
|E-Commerce Marketing Manager||60,100 BSD|
|E-Commerce Sales Manager||63,500 BSD|
|E-Commerce Strategy Manager||61,800 BSD|
|Enterprise Architecture Manager||57,700 BSD|
|Enterprise Infrastructure Architect||58,800 BSD|
|Enterprise Infrastructure Manager||71,900 BSD|
|ERP / CRM Technical Consultant||46,400 BSD|
|ERP Analyst||49,500 BSD|
|ERP Project Manager||63,900 BSD|
|Ethical Hacker||40,700 BSD|
|Financial Systems Manager||70,500 BSD|
|Flash Developer||40,000 BSD|
|Front End Developer||39,200 BSD|
|Full Stack Developer||47,600 BSD|
|Functional Analyst||49,100 BSD|
|Game Developer||42,500 BSD|
|GIS Analyst||40,900 BSD|
|GIS Developer||46,400 BSD|
|Global BI Analyst||50,100 BSD|
|Graphical User Interface ( GUI ) Programmer||41,200 BSD|
|Graphics Programmer||42,200 BSD|
|Graphics Web Designer||37,600 BSD|
|Hardware Design Engineer||44,000 BSD|
|Hardware Engineering Manager||70,900 BSD|
|Hardware Technician||35,800 BSD|
|Head of Development||62,600 BSD|
|Help Desk Analyst||42,700 BSD|
|Help Desk Manager||51,300 BSD|
|Help Desk Support||31,900 BSD|
|Helpdesk Manager||55,400 BSD|
|Imaging Programmer||41,900 BSD|
|Informatics Optimization Specialist||48,400 BSD|
|Information Assurance Analyst||45,800 BSD|
|Information Program Director||63,900 BSD|
|Information Security Administrator||50,800 BSD|
|Information Security Analyst||56,900 BSD|
|Information Security Engineer||45,100 BSD|
|Information Security Manager||67,200 BSD|
|Information Security Specialist||56,000 BSD|
|Information Services Consultant||54,100 BSD|
|Information Technology Administrator||39,500 BSD|
|Information Technology Asset Manager||61,100 BSD|
|Information Technology Consultant||57,900 BSD|
|Information Technology Coordinator||35,800 BSD|
|Information Technology Director||79,000 BSD|
|Information Technology Infrastructure Engineer||41,900 BSD|
|Information Technology Manager||77,500 BSD|
|Information Technology Operations Manager||71,000 BSD|
|Information Technology Product Manager||66,300 BSD|
|Information Technology Project Administrator||37,700 BSD|
|Information Technology Project Coordinator||49,100 BSD|
|Information Technology Project Leader||57,600 BSD|
|Information Technology Project Manager||75,000 BSD|
|Information Technology Quality Assurance Manager||52,900 BSD|
|Information Technology Quality Assurance Team Lead (QA)||50,700 BSD|
|Information Technology Quality Specialist||46,700 BSD|
|Information Technology Support||31,100 BSD|
|Information Technology Team Leader||58,500 BSD|
|Information Technology Trainer||47,700 BSD|
|Information Technology Training Analyst||49,200 BSD|
|Interface Design Manager||56,000 BSD|
|Interface Designer||37,100 BSD|
|IOS Developer||50,300 BSD|
|Java Developer||52,500 BSD|
|Lead Developer||54,500 BSD|
|Linux Administrator||46,300 BSD|
|Lotus Domino Administrator||49,400 BSD|
|Lotus Notes Developer||46,000 BSD|
|Mail Server Administrator||42,900 BSD|
|Major Incident Manager||54,100 BSD|
|Managed Service Specialist||47,800 BSD|
|Microsystems Engineer||47,000 BSD|
|Mobile Developer||46,900 BSD|
|Multimedia Developer||39,100 BSD|
|Multimedia Services Manager||52,500 BSD|
|Network Administration Team Lead||53,400 BSD|
|Network Administrator||42,400 BSD|
|Network Analyst||41,200 BSD|
|Network and Infrastructure Manager||71,600 BSD|
|Network Engineer||40,200 BSD|
|Network Engineering Manager||53,200 BSD|
|Network Security Systems Manager||57,700 BSD|
|Network Specialist||46,400 BSD|
|Network Technician||37,200 BSD|
|Nodejs Developer||47,700 BSD|
|NT Systems Administrator||42,900 BSD|
|Numerical Control Programmer||38,500 BSD|
|Online Banking Manager||73,300 BSD|
|Online Banking Specialist||55,600 BSD|
|OPS Manager||64,400 BSD|
|Oracle Database Administrator||43,200 BSD|
|Oracle Developer||49,600 BSD|
|Perl Developer||38,600 BSD|
|PHP Developer||41,000 BSD|
|Python Developer||49,800 BSD|
|Records Manager||38,600 BSD|
|Remedy Developer||36,700 BSD|
|Reporting Analyst||45,000 BSD|
|Ruby Developer||41,900 BSD|
|Salesforce Administrator||43,200 BSD|
|Salesforce Developer||36,200 BSD|
|SAP Consultant||48,100 BSD|
|SAS Programmer||43,600 BSD|
|Scrum Master||37,700 BSD|
|SEO Associate||38,000 BSD|
|SEO Manager||54,900 BSD|
|Service Delivery Manager||60,800 BSD|
|Service Level Manager||61,300 BSD|
|Service Support Lead||48,600 BSD|
|SharePoint Administrator||44,500 BSD|
|Sharepoint Consultant||47,100 BSD|
|Sharepoint Developer||50,800 BSD|
|Shift Leader||47,500 BSD|
|SOA Analyst||44,900 BSD|
|SOC Engineer||44,700 BSD|
|Software Analyst||45,700 BSD|
|Software Architect||46,100 BSD|
|Software Development Manager||61,100 BSD|
|Software Engineer||47,400 BSD|
|Software QA Engineer||43,200 BSD|
|Software Sales||42,600 BSD|
|Software Specialist||40,600 BSD|
|Software Support Engineer||38,300 BSD|
|Software Test Engineer||41,400 BSD|
|Solutions Architect||63,900 BSD|
|Storage Engineer||38,500 BSD|
|Support Analyst||43,100 BSD|
|Support Specialist||47,700 BSD|
|System Administrator||43,600 BSD|
|Systems Analyst||46,900 BSD|
|Systems Architect||44,300 BSD|
|Systems Consultant||55,000 BSD|
|Systems Engineer||39,200 BSD|
|Systems Integrator||43,500 BSD|
|Technical Analyst||38,700 BSD|
|Technical Consultant||52,700 BSD|
|Technical Manager||48,500 BSD|
|Technical Project Manager||61,000 BSD|
|Technical Sales||46,400 BSD|
|Technical Trainer||49,600 BSD|
|Technical Writer||39,800 BSD|
|Technology Business Analyst||48,800 BSD|
|Technology Director||75,200 BSD|
|Technology Specialist||56,600 BSD|
|Teradata Developer||38,800 BSD|
|Test Analyst||43,700 BSD|
|Testing Manager||62,300 BSD|
|TIBCO Developer||38,300 BSD|
|UNIX Administrator||44,600 BSD|
|Usability Engineer||44,100 BSD|
|User Experience Consultant||51,000 BSD|
|User Experience Design Expert||49,100 BSD|
|User Experience Designer||39,900 BSD|
|User Experience Researcher||50,200 BSD|
|User Interface Designer||46,300 BSD|
|VB Developer||36,200 BSD|
|VB.NET Developer||48,600 BSD|
|Video Game Designer||40,400 BSD|
|Visual Information Specialist||40,600 BSD|
|Web Applications Manager||54,700 BSD|
|Web Content Specialist||48,100 BSD|
|Web Designer||41,500 BSD|
|Web Developer||42,800 BSD|
|Web Editor||36,500 BSD|
|Web Project Manager||51,300 BSD|
|Web Promotions Specialist||44,000 BSD|
|Web Security Administrator||46,500 BSD|
|Web Security Manager||68,300 BSD|
|Web Support Analyst||33,900 BSD|
|Web Writer||37,700 BSD|
|Windows System Administrator||40,700 BSD|
|Wireless Consultant||52,800 BSD|
|Writer and Documentor||41,200 BSD|
Information Technology salaries in Bahamas range from 24,300 BSD per year (minimum average salary) to 76,500 BSD per year (maximum average salary, actual maximum is higher).
The median salary is 48,800 BSD per year, which means that half (50%) of people working in Information Technology are earning less than 48,800 BSD while the other half are earning more than 48,800 BSD. 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.
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of people working in Information Technology are earning less than 32,900 BSD while 75% of them are earning more than 32,900 BSD. Also from the diagram, 75% of people working in Information Technology are earning less than 65,200 BSD while 25% are earning more than 65,200 BSD.
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
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.
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.
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.
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.
A Master's degree program or any post-graduate program in Bahamas costs anywhere from 19,500 Bahamian Dollar(s) to 58,400 Bahamian 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.
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees in Bahamas who work in Information Technology earn 9% more than their female counterparts on average.
Information Technology professionals in Bahamas are likely to observe a salary increase of approximately 6% every 27 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.
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.
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
Listed above are the average annual increase rates for each industry in Bahamas for the year 2021. 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.
Information Technology is considered to be a moderate bonus-based field due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.
63% of surveyed staff in Information Technology 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.
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.
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.
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.
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.
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.
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.
The average salary for Information Technology is 0% more than that of All Jobs.
Where can you get paid more, working for a private company or for the government? Public sector employees in Bahamas earn 10% more than their private sector counterparts on average across all sectors.