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Information Technology Average Salaries in Bahamas 2022

How much money does a person working in Information Technology make in Bahamas?


Average Yearly Salary
46,900 BSD
( 3,910 BSD monthly)

LOW
24,300
BSD
AVERAGE
46,900
BSD
HIGH
76,500
BSD

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.

Salaries for specific jobs

Job TitleAverage Salary
2nd Line Systems Engineer43,800 BSD
ABAP Developer42,800 BSD
Advertising Account Planner40,500 BSD
Android Developer44,300 BSD
Angular Developer41,200 BSD
Application Consultant54,300 BSD
Applications System Specialist40,200 BSD
Artificial Intelligence and Machine Learning Specialist56,300 BSD
Artificial Intelligence Developer57,200 BSD
AS400 Programmer48,900 BSD
Assistant Information Technology Manager54,500 BSD
Assistant Service Delivery Manager53,500 BSD
Avaloq Developer42,800 BSD
BizTalk Developer 47,900 BSD
Blockchain Associate43,500 BSD
Blockchain Developer41,300 BSD
Build and Release Engineer42,900 BSD
Business Intelligence Analyst50,400 BSD
Business Intelligence Developer47,500 BSD
Business Objects Developer45,100 BSD
Business Process Consultant50,300 BSD
Business Systems Analyst44,600 BSD
C# Developer52,300 BSD
C++ Developer48,500 BSD
Capacity Planning Manager64,400 BSD
Change Administrator42,000 BSD
Chief Information Security Officer69,600 BSD
Client Delivery Manager63,800 BSD
CMS Developer39,200 BSD
Computer Animator40,900 BSD
Computer Hardware Engineer39,200 BSD
Computer Networks Architect48,700 BSD
Computer Operator32,400 BSD
Computer Technician37,800 BSD
Copy Editor37,100 BSD
CRM Application Administrator41,500 BSD
Cross Platform Security Manager65,500 BSD
Curam Developer37,800 BSD
Data Analyst45,100 BSD
Data Architect49,000 BSD
Data Center Technician39,600 BSD
Data Entry Supervisor29,100 BSD
Data Manager60,500 BSD
Data Modeling Analyst45,800 BSD
Data Quality Analyst44,800 BSD
Data Security Analyst45,900 BSD
Data Security Manager61,600 BSD
Data Warehousing Manager62,800 BSD
Data Warehousing Specialist44,800 BSD
Database Administration Manager60,000 BSD
Database Administrator45,400 BSD
Database Analyst47,900 BSD
Database Developer47,500 BSD
Database Report Writer44,700 BSD
Delivery Manager47,100 BSD
Developer / Programmer45,800 BSD
Development Manager62,600 BSD
Director of Application Development68,300 BSD
Director of Technology78,100 BSD
Disaster Recovery Analyst42,700 BSD
Documentation Specialist39,400 BSD
E-Commerce Manager55,800 BSD
E-Commerce Marketing Analyst54,300 BSD
E-Commerce Marketing Manager60,100 BSD
E-Commerce Sales Manager63,500 BSD
E-Commerce Strategy Manager61,800 BSD
Enterprise Architecture Manager57,700 BSD
Enterprise Infrastructure Architect58,800 BSD
Enterprise Infrastructure Manager71,900 BSD
ERP / CRM Technical Consultant46,400 BSD
ERP Analyst49,500 BSD
ERP Project Manager63,900 BSD
Ethical Hacker40,700 BSD
Financial Systems Manager70,500 BSD
Flash Developer40,000 BSD
Front End Developer39,200 BSD
Full Stack Developer47,600 BSD
Functional Analyst49,100 BSD
Game Developer42,500 BSD
GIS Analyst40,900 BSD
GIS Developer46,400 BSD
Global BI Analyst50,100 BSD
Graphical User Interface ( GUI ) Programmer41,200 BSD
Graphics Programmer42,200 BSD
Graphics Web Designer37,600 BSD
Hardware Design Engineer44,000 BSD
Hardware Engineering Manager70,900 BSD
Hardware Technician35,800 BSD
Head of Development62,600 BSD
Help Desk Analyst42,700 BSD
Help Desk Manager51,300 BSD
Help Desk Support31,900 BSD
Helpdesk Manager55,400 BSD
Imaging Programmer41,900 BSD
Informatics Optimization Specialist48,400 BSD
Information Assurance Analyst45,800 BSD
Information Program Director63,900 BSD
Information Security Administrator50,800 BSD
Information Security Analyst56,900 BSD
Information Security Engineer45,100 BSD
Information Security Manager67,200 BSD
Information Security Specialist56,000 BSD
Information Services Consultant54,100 BSD
Information Technology Administrator39,500 BSD
Information Technology Asset Manager61,100 BSD
Information Technology Consultant57,900 BSD
Information Technology Coordinator35,800 BSD
Information Technology Director79,000 BSD
Information Technology Infrastructure Engineer41,900 BSD
Information Technology Manager77,500 BSD
Information Technology Operations Manager71,000 BSD
Information Technology Product Manager66,300 BSD
Information Technology Project Administrator37,700 BSD
Information Technology Project Coordinator49,100 BSD
Information Technology Project Leader57,600 BSD
Information Technology Project Manager75,000 BSD
Information Technology Quality Assurance Manager52,900 BSD
Information Technology Quality Assurance Team Lead (QA)50,700 BSD
Information Technology Quality Specialist46,700 BSD
Information Technology Support31,100 BSD
Information Technology Team Leader58,500 BSD
Information Technology Trainer47,700 BSD
Information Technology Training Analyst49,200 BSD
Interface Design Manager56,000 BSD
Interface Designer37,100 BSD
IOS Developer50,300 BSD
Java Developer52,500 BSD
Javascript Developer44,000 BSD
Lead Developer54,500 BSD
Linux Administrator46,300 BSD
Lotus Domino Administrator49,400 BSD
Lotus Notes Developer46,000 BSD
Mail Server Administrator42,900 BSD
Major Incident Manager54,100 BSD
Managed Service Specialist47,800 BSD
Microsystems Engineer47,000 BSD
Mobile Developer46,900 BSD
Multimedia Developer39,100 BSD
Multimedia Services Manager52,500 BSD
Network Administration Team Lead53,400 BSD
Network Administrator42,400 BSD
Network Analyst41,200 BSD
Network and Infrastructure Manager71,600 BSD
Network Engineer40,200 BSD
Network Engineering Manager53,200 BSD
Network Security Systems Manager57,700 BSD
Network Specialist46,400 BSD
Network Technician37,200 BSD
Nodejs Developer47,700 BSD
NT Systems Administrator42,900 BSD
Numerical Control Programmer38,500 BSD
Online Banking Manager73,300 BSD
Online Banking Specialist55,600 BSD
OPS Manager64,400 BSD
Oracle Database Administrator43,200 BSD
Oracle Developer49,600 BSD
Perl Developer38,600 BSD
PHP Developer41,000 BSD
Python Developer49,800 BSD
Records Manager38,600 BSD
Remedy Developer36,700 BSD
Reporting Analyst45,000 BSD
Ruby Developer41,900 BSD
Salesforce Administrator43,200 BSD
Salesforce Developer36,200 BSD
SAP Consultant48,100 BSD
SAS Programmer43,600 BSD
Scrum Master37,700 BSD
SEO Associate38,000 BSD
SEO Manager54,900 BSD
Service Delivery Manager60,800 BSD
Service Level Manager61,300 BSD
Service Support Lead48,600 BSD
SharePoint Administrator44,500 BSD
Sharepoint Consultant47,100 BSD
Sharepoint Developer50,800 BSD
Shift Leader47,500 BSD
SOA Analyst44,900 BSD
SOC Engineer44,700 BSD
Software Analyst45,700 BSD
Software Architect46,100 BSD
Software Development Manager61,100 BSD
Software Engineer47,400 BSD
Software QA Engineer43,200 BSD
Software Sales42,600 BSD
Software Specialist40,600 BSD
Software Support Engineer38,300 BSD
Software Test Engineer41,400 BSD
Solutions Architect63,900 BSD
Storage Engineer38,500 BSD
Supervisor33,500 BSD
Support Analyst43,100 BSD
Support Specialist47,700 BSD
System Administrator43,600 BSD
Systems Analyst46,900 BSD
Systems Architect44,300 BSD
Systems Consultant55,000 BSD
Systems Engineer39,200 BSD
Systems Integrator43,500 BSD
Technical Analyst38,700 BSD
Technical Consultant52,700 BSD
Technical Manager48,500 BSD
Technical Project Manager61,000 BSD
Technical Sales46,400 BSD
Technical Trainer49,600 BSD
Technical Writer39,800 BSD
Technology Business Analyst48,800 BSD
Technology Director75,200 BSD
Technology Specialist56,600 BSD
Teradata Developer38,800 BSD
Test Analyst43,700 BSD
Tester38,100 BSD
Testing Manager62,300 BSD
TIBCO Developer38,300 BSD
UNIX Administrator44,600 BSD
Usability Engineer44,100 BSD
User Experience Consultant51,000 BSD
User Experience Design Expert49,100 BSD
User Experience Designer39,900 BSD
User Experience Researcher50,200 BSD
User Interface Designer46,300 BSD
VB Developer36,200 BSD
VB.NET Developer48,600 BSD
Video Game Designer40,400 BSD
Visual Information Specialist40,600 BSD
Web Applications Manager54,700 BSD
Web Content Specialist48,100 BSD
Web Designer41,500 BSD
Web Developer42,800 BSD
Web Editor36,500 BSD
Web Project Manager51,300 BSD
Web Promotions Specialist44,000 BSD
Web Security Administrator46,500 BSD
Web Security Manager68,300 BSD
Web Support Analyst33,900 BSD
Web Writer37,700 BSD
Webmaster40,200 BSD
Windows System Administrator40,700 BSD
Wireless Consultant52,800 BSD
Writer and Documentor41,200 BSD

Information Technology Jobs Salary Distribution in Bahamas

Median and salary distribution yearly Bahamas Information Technology
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The median, the maximum, the minimum, and the range

  • Salary Range

    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).

  • Median Salary

    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.

  • Percentiles

    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.


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 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.

Information Technology Salary Comparison By Gender

Salary comparison by gender yearly Bahamas Information Technology
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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 Bahamas who work in Information Technology earn 9% more than their female counterparts on average.

Male
49,600 BSD
Female-8%
45,600 BSD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Bahamas for all Careers

Salary comparison by gender yearly Bahamas
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Information Technology Average Annual Salary Increment Percentage in Bahamas

How much are annual salary increments in Bahamas for Information Technology professionals? How often do employees get salary raises?

Information Technology

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.

Annual Salary Increment Rate Bahamas Information Technology
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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.

Bahamas / All Professions

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 Bahamas is 2%.

Annual Increment Rate By Industry 2021

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 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.


Worldwide Salary Raises: All Countries and All Jobs

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Information Technology Bonus and Incentive Rates in Bahamas

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Bahamas Information Technology
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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.

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.


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.

Information Technology Hourly Average Wage in Bahamas


23 BSD per hour

The average hourly wage (pay per hour) in Bahamas is 23 BSD. This means that the average person in Bahamas earns approximately 23 BSD 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.

Information Technology VS Other Jobs

Salary Comparison Between Information Technology and Information Technology yearly Bahamas
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The average salary for Information Technology is 0% more than that of All Jobs.

Government vs Private Sector Salary Comparison

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.

Private Sector
45,300 BSD
Public Sector+10%
50,000 BSD
Percentage increase and decrease are relative to the previous value

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