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Doctor / Physician Average Salaries in Bahamas 2022

How much money does a person working in Doctor / Physician make in Bahamas?


Average Yearly Salary
110,000 BSD
( 9,160 BSD monthly)

LOW
40,300
BSD
AVERAGE
110,000
BSD
HIGH
185,000
BSD

A person working in Doctor / Physician in Bahamas typically earns around 110,000 BSD per year. Salaries range from 40,300 BSD (lowest average) to 185,000 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 Doctor / Physician 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
Advanced Nutrition Aide66,300 BSD
Advanced Practice Provider63,900 BSD
Allergist90,200 BSD
Behavioral Health Specialist55,600 BSD
Chiropractor60,200 BSD
Clinical Psychologist156,000 BSD
Correctional Treatment Specialist93,400 BSD
Counseling Psychologist112,000 BSD
Dermatologist144,000 BSD
Dietitian97,200 BSD
Doctor121,000 BSD
Emergency Department Physician103,000 BSD
Exercise Physiologist110,000 BSD
Forensic Pathologist121,000 BSD
General Medical Practitioner89,300 BSD
Genetic Counselor81,600 BSD
Internist149,000 BSD
Interventionist145,000 BSD
Invasive Cardiologist197,000 BSD
Mental Health Therapst82,800 BSD
Naturopathic Physician145,000 BSD
Neurologist146,000 BSD
Neurophysiology Technologist43,500 BSD
Nuclear Medicine Physician119,000 BSD
Obstetrician / Gynecologist134,000 BSD
Occupational Health Safety Specialist70,000 BSD
Ophthalmologist107,000 BSD
Optometrist101,000 BSD
Pediatrician117,000 BSD
Physical Therapist76,600 BSD
Physical Therapy Director89,800 BSD
Physician - Anesthesiology170,000 BSD
Physician - Cardiology185,000 BSD
Physician - CCU107,000 BSD
Physician - Dermatology139,000 BSD
Physician - Emergency Room106,000 BSD
Physician - Endocrinology137,000 BSD
Physician - Family Practice97,000 BSD
Physician - Gastroenterology134,000 BSD
Physician - Generalist109,000 BSD
Physician - Geriatrics86,200 BSD
Physician - Hematology / Oncology123,000 BSD
Physician - Immunology / Allergy145,000 BSD
Physician - Infectious Disease126,000 BSD
Physician - Internal Medicine156,000 BSD
Physician - Maternal / Fetal Medicine114,000 BSD
Physician - Nephrology143,000 BSD
Physician - Neurology145,000 BSD
Physician - Nuclear Medicine125,000 BSD
Physician - Obstetrics / Gynecology134,000 BSD
Physician - Occupational Medicine105,000 BSD
Physician - Ophthalmology91,200 BSD
Physician - Otolaryngology86,900 BSD
Physician - Pain Medicine82,500 BSD
Physician - Pathology107,000 BSD
Physician - Pediatric Cardiology134,000 BSD
Physician - Pediatric Neonatology130,000 BSD
Physician - Pediatrics119,000 BSD
Physician - Physiatry119,000 BSD
Physician - Podiatry111,000 BSD
Physician - Pulmonary Medicine89,500 BSD
Physician - Radiation Therapy149,000 BSD
Physician - Radiology151,000 BSD
Physician - Rheumatology136,000 BSD
Physician - Sports Medicine124,000 BSD
Physician - Urology163,000 BSD
Physician Assistant77,200 BSD
Physiotherapist87,500 BSD
Podiatrist92,000 BSD
Preventive Medicine Physician116,000 BSD
Psychiatrist125,000 BSD
Psychololgist130,000 BSD
Psychometrician103,000 BSD
Radiologist133,000 BSD
Registered Respiratory Therapist81,300 BSD
Skin Care Specialist69,800 BSD
Urologist175,000 BSD
Vision Rehabilitation Therapist79,700 BSD

Doctor / Physician Jobs Salary Distribution in Bahamas

Median and salary distribution yearly Bahamas Doctor / Physician
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The median, the maximum, the minimum, and the range

  • Salary Range

    Doctor / Physician salaries in Bahamas range from 40,300 BSD per year (minimum average salary) to 185,000 BSD per year (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 101,000 BSD per year, which means that half (50%) of people working in Doctor / Physician are earning less than 101,000 BSD while the other half are earning more than 101,000 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 Doctor / Physician are earning less than 63,600 BSD while 75% of them are earning more than 63,600 BSD. Also from the diagram, 75% of people working in Doctor / Physician are earning less than 132,000 BSD while 25% are earning more than 132,000 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.

Doctor / Physician Salary Comparison By Gender

Salary comparison by gender yearly Bahamas Doctor / Physician
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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 Doctor / Physician earn 9% more than their female counterparts on average.

Male
114,000 BSD
Female-8%
104,000 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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Doctor / Physician Average Annual Salary Increment Percentage in Bahamas

How much are annual salary increments in Bahamas for Doctor / Physician professionals? How often do employees get salary raises?

Doctor / Physician

Doctor / Physician professionals in Bahamas are likely to observe a salary increase of approximately 9% 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 Doctor / Physician
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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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Doctor / Physician Bonus and Incentive Rates in Bahamas

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Bahamas Doctor / Physician
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Doctor / Physician is considered to be a high 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.

44% of surveyed staff in Doctor / Physician reported that they haven't received any bonuses or incentives in the previous year while 56% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 6% to 7% of their annual salary.

Received Bonus
56%
No Bonus
44%

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.

Doctor / Physician Hourly Average Wage in Bahamas


53 BSD per hour

The average hourly wage (pay per hour) in Bahamas is 53 BSD. This means that the average person in Bahamas earns approximately 53 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.

Doctor / Physician VS Other Jobs

Salary Comparison Between Doctor / Physician and Health and Medical yearly Bahamas
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The average salary for Doctor / Physician is 57% more than that of Health and Medical. Also, Health and Medical salaries are 49% more than those 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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