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Science and Technical Services Average Salaries in Bahamas 2022

How much money does a person working in Science and Technical Services make in Bahamas?


Average Yearly Salary
62,600 BSD
( 5,220 BSD monthly)

LOW
22,600
BSD
AVERAGE
62,600
BSD
HIGH
104,000
BSD

A person working in Science and Technical Services in Bahamas typically earns around 62,600 BSD per year. Salaries range from 22,600 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 Science and Technical Services 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
3D Lab Technologist43,500 BSD
Algorithm Developer60,300 BSD
Analytical Chemist92,600 BSD
Anthropologist65,200 BSD
Archeologist61,300 BSD
Assistant Breeder30,300 BSD
Astronomer112,000 BSD
Atmospheric and Space Scientist85,900 BSD
Behavior Analyst57,400 BSD
Behavior Intervention Specialist64,300 BSD
Biochemist95,600 BSD
Biofuels Processing Technician38,100 BSD
Biofuels Production Manager68,700 BSD
Biologist99,000 BSD
Biomedical Scientist106,000 BSD
Biophysicist101,000 BSD
Chemical Engineer48,100 BSD
Chemical Technologist43,500 BSD
Chemist94,500 BSD
Chief Technologist84,500 BSD
Climate Change Analyst67,000 BSD
Clinical Laboratory Scientist106,000 BSD
Computer Scientist79,700 BSD
Conservation Scientist81,600 BSD
Data Scientist75,700 BSD
DNA Analyst99,800 BSD
Ecologist77,000 BSD
Economic Development Specialist78,900 BSD
Flavourist31,600 BSD
Food Scientist63,600 BSD
Forensic Scientist79,600 BSD
Formulation Technologist38,000 BSD
Fraud Investigator45,800 BSD
Genomics Scientist105,000 BSD
Geographer51,900 BSD
Geographic Information Systems Technician33,800 BSD
Geological Data Technician34,500 BSD
Geological Technician40,200 BSD
Geologist84,700 BSD
Geomatics Scientist79,200 BSD
Geophysical Data Technician33,800 BSD
Geospatial Information Scientist and Technologist73,300 BSD
Hydrologist64,000 BSD
Industrial Ecologist69,100 BSD
Intelligence Analyst57,500 BSD
Knowledge Management Specialist49,700 BSD
Laboratory Manager68,900 BSD
Laboratory Researcher48,200 BSD
Laboratory Technician29,200 BSD
Life Sciences Analyst68,100 BSD
Life Scientist82,100 BSD
Marine Architect62,300 BSD
Marine Biologist71,300 BSD
Marine Superintendent42,200 BSD
Materials Analyst44,300 BSD
Materials Scientist72,000 BSD
Mathematician77,500 BSD
Medical Scientist104,000 BSD
Metallurgist72,700 BSD
Meteorologist73,900 BSD
Microbiologist110,000 BSD
Natural Language Processing Researcher66,300 BSD
Natural Resource Specialist55,400 BSD
Natural Sciences Manager95,900 BSD
Nuclear Engineer103,000 BSD
Physical Scientist81,800 BSD
Physicist96,400 BSD
Political Scientist74,200 BSD
Polygraph Examiner26,500 BSD
Polysomnographic Technologist46,100 BSD
Product Development Scientist82,600 BSD
Quantitative Research Analyst69,800 BSD
Quantitative Researcher70,900 BSD
Radiation Protection Specialist52,800 BSD
Refrigeration Technician22,300 BSD
Research Scientist75,300 BSD
Risk Safety Engineer42,900 BSD
Scientific Photographer44,100 BSD
Scientific Programmer63,600 BSD
Scientist74,400 BSD
Service Engineer44,600 BSD
Service Technician30,300 BSD
Social Science Research Assistant42,800 BSD
Social Scientist80,400 BSD
Sociologist71,100 BSD
Soil Scientist60,900 BSD
Statistical Analyst44,100 BSD
Statistical Assistant32,700 BSD
Statistician69,100 BSD
Survey Analyst43,500 BSD
Survey Researcher41,100 BSD
Surveying and Mapping Technician28,400 BSD
Team Leader64,300 BSD
Technical Manager71,900 BSD
Technical Officer29,400 BSD
Technical Service Director90,500 BSD
Technical Services Regulatory Affairs Specialist45,300 BSD
Technical Services Research and Development Manager101,000 BSD
Technical Services Research Coordinator52,200 BSD
Technician28,200 BSD
Water Ecologist81,400 BSD
Wildlife Biologist71,500 BSD

Science and Technical Services Jobs Salary Distribution in Bahamas

Median and salary distribution yearly Bahamas Science and Technical Services
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The median, the maximum, the minimum, and the range

  • Salary Range

    Science and Technical Services salaries in Bahamas range from 22,600 BSD per year (minimum average salary) to 104,000 BSD per year (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 57,600 BSD per year, which means that half (50%) of people working in Science and Technical Services are earning less than 57,600 BSD while the other half are earning more than 57,600 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 Science and Technical Services are earning less than 36,100 BSD while 75% of them are earning more than 36,100 BSD. Also from the diagram, 75% of people working in Science and Technical Services are earning less than 74,500 BSD while 25% are earning more than 74,500 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.

Science and Technical Services Salary Comparison By Gender

Salary comparison by gender yearly Bahamas Science and Technical Services
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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 Science and Technical Services earn 9% more than their female counterparts on average.

Male
64,800 BSD
Female-8%
59,500 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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Science and Technical Services Average Annual Salary Increment Percentage in Bahamas

How much are annual salary increments in Bahamas for Science and Technical Services professionals? How often do employees get salary raises?

Science and Technical Services

Science and Technical Services professionals in Bahamas are likely to observe a salary increase of approximately 7% every 26 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Bahamas Science and Technical Services
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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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Science and Technical Services Bonus and Incentive Rates in Bahamas

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Bahamas Science and Technical Services
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Science and Technical Services 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.

69% of surveyed staff in Science and Technical Services reported that they haven't received any bonuses or incentives in the previous year while 31% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 4% to 5% of their annual salary.

Received Bonus
31%
No Bonus
69%

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.

Science and Technical Services Hourly Average Wage in Bahamas


30 BSD per hour

The average hourly wage (pay per hour) in Bahamas is 30 BSD. This means that the average person in Bahamas earns approximately 30 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.

Science and Technical Services VS Other Jobs

Salary Comparison Between Science and Technical Services and Science and Technical Services yearly Bahamas
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The average salary for Science and Technical Services is 34% 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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