A person working in Executive and Management in Bahamas typically earns around 63,300 BSD per year. Salaries range from 20,900 BSD (lowest average) to 104,000 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 Executive and Management careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
|Job Title||Average Salary|
|Account Coordinator||43,800 BSD|
|Administration Manager||55,000 BSD|
|Area Manager||49,900 BSD|
|Asset Protection Associate||59,400 BSD|
|Assistant Director||56,900 BSD|
|Assistant Manager||61,700 BSD|
|Assistant Operations Manager||65,900 BSD|
|Assistant Project Manager||57,600 BSD|
|Assistant Section Head||44,600 BSD|
|Assistant to CEO||50,200 BSD|
|Assistant Vice President||59,600 BSD|
|Associate Director||55,700 BSD|
|Bid Manager||62,000 BSD|
|Branch Manager||60,400 BSD|
|Business Development Manager||71,900 BSD|
|Business Operations Associate||58,100 BSD|
|Business Operations Lead||60,900 BSD|
|Campaign Manager||63,500 BSD|
|Chairman of The Board||105,000 BSD|
|Chairman Office Manager||70,000 BSD|
|Chief Corporate Officer||83,300 BSD|
|Chief Executive Officer||107,000 BSD|
|Chief Financial Officer||104,000 BSD|
|Chief of Staff||48,100 BSD|
|Chief Operating Officer||81,800 BSD|
|Chief Risk Officer||72,200 BSD|
|Client Services Manager||69,500 BSD|
|Commercial Project Manager||58,000 BSD|
|Commodity Broker||42,900 BSD|
|Corporate Affairs Executive||66,400 BSD|
|Corporate Compliance Director||72,000 BSD|
|Corporate Director||76,900 BSD|
|Corporate Officer||52,500 BSD|
|Corporate Partnerships Officer||49,600 BSD|
|Country Manager||83,800 BSD|
|Deputy Director||73,000 BSD|
|Director of Accreditation||69,500 BSD|
|Director of Catering Services||63,600 BSD|
|Director of Client Services||69,100 BSD|
|Director of Facilities Management||59,200 BSD|
|Director of Operations||69,500 BSD|
|Director of Process Simplification||54,500 BSD|
|Director of Project Management||78,500 BSD|
|Director of Revenue Management||66,900 BSD|
|Director of Training and Development||71,600 BSD|
|Distribution Manager||70,400 BSD|
|Division Manager||61,400 BSD|
|Duty Manager||61,700 BSD|
|Engagement Manager||76,100 BSD|
|Executive Director||103,000 BSD|
|Executive Manager||86,000 BSD|
|Franchise Manager||92,500 BSD|
|General Manager||82,800 BSD|
|Global Master Data Manager||77,900 BSD|
|Head of Middle Office||68,500 BSD|
|Head of Projects||75,300 BSD|
|Head of Sustainability||61,200 BSD|
|Housing Manager||55,600 BSD|
|HSE Manager||56,700 BSD|
|Key Account Manager||60,100 BSD|
|Knowledge Manager||71,100 BSD|
|Location Manager||70,300 BSD|
|Logistics Manager||53,200 BSD|
|Management Consultant||57,100 BSD|
|Management Executive||74,800 BSD|
|Managing Director||88,000 BSD|
|MIS Executive||75,000 BSD|
|Ocean Services Manager||71,600 BSD|
|Operations Assistant||50,800 BSD|
|Operations Director||78,600 BSD|
|Operations Executive||77,200 BSD|
|Operations Manager||81,200 BSD|
|Operations Supervisor||63,800 BSD|
|Policy Administration Executive||61,800 BSD|
|Private Sector Executive||66,500 BSD|
|Product Development Manager||71,300 BSD|
|Product Executive||62,100 BSD|
|Production Executive||69,000 BSD|
|Production Manager||69,800 BSD|
|Production Supervisor||62,300 BSD|
|Program Manager||74,600 BSD|
|Programme Coordinator||50,900 BSD|
|Project Control Manager||72,800 BSD|
|Project Coordinator||45,600 BSD|
|Project Management Officer||49,100 BSD|
|Project Manager||52,200 BSD|
|Project Portfolio Manager||56,300 BSD|
|Quality Manager||57,200 BSD|
|R/D Director||62,800 BSD|
|Regional Director||98,800 BSD|
|Regional Manager||73,100 BSD|
|Relationship Manager||72,400 BSD|
|Retail District Manager||49,700 BSD|
|Revenue Manager||59,400 BSD|
|Risk and Capital Manager||83,400 BSD|
|Risk Officer||56,700 BSD|
|Safety Manager||55,800 BSD|
|Section Head||53,100 BSD|
|Service Manager||57,900 BSD|
|Shift Supervisor||43,600 BSD|
|Solutions Manager||52,500 BSD|
|Supply Chain Manager||74,500 BSD|
|Technical Manager||69,100 BSD|
|Territory Manager||67,800 BSD|
|Validation Manager||62,800 BSD|
|Vice President||91,000 BSD|
|Zone Manager||72,200 BSD|
Executive and Management salaries in Bahamas range from 20,900 BSD per year (minimum average salary) to 104,000 BSD per year (maximum average salary, actual maximum is higher).
The median salary is 64,500 BSD per year, which means that half (50%) of people working in Executive and Management are earning less than 64,500 BSD while the other half are earning more than 64,500 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 Executive and Management are earning less than 38,400 BSD while 75% of them are earning more than 38,400 BSD. Also from the diagram, 75% of people working in Executive and Management are earning less than 86,100 BSD while 25% are earning more than 86,100 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 Executive and Management earn 11% more than their female counterparts on average.
Executive and Management professionals in Bahamas are likely to observe a salary increase of approximately 8% every 25 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.
Executive and Management 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.
39% of surveyed staff in Executive and Management reported that they haven't received any bonuses or incentives in the previous year while 61% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 5% to 9% 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 Executive and Management is 35% 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.