HOME BROWSE SALARIES BEST PAYING JOBS
Browse Salaries
Best Paying Jobs
Salary Increase Letters
Career Articles

Average Salary in Saint Kitts and Nevis 2020

How much money does a person working in Saint Kitts and Nevis make?


Average Monthly Salary
3,380 XCD
( 40,600 XCD yearly)

LOW
860
XCD
AVERAGE
3,380
XCD
HIGH
15,100
XCD

A person working in Saint Kitts and Nevis typically earns around 3,380 XCD per month. Salaries range from 860 XCD (lowest average) to 15,100 XCD (highest average, actual maximum salary is higher).

This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Distribution of Salaries in Saint Kitts and Nevis

Median and salary distribution monthly Saint Kitts and Nevis
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/saint-kitts-and-nevis/median-and-salary-distribution-monthly-saint-kitts-and-nevis.jpg

The median, the maximum, the minimum, and the range

  • Salary Range

    Salaries in Saint Kitts and Nevis range from 860 XCD per month (minimum salary) to 15,100 XCD per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 3,250 XCD per month, which means that half (50%) of the population are earning less than 3,250 XCD while the other half are earning more than 3,250 XCD. 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 the population are earning less than 1,850 XCD while 75% of them are earning more than 1,850 XCD. Also from the diagram, 75% of the population are earning less than 8,810 XCD while 25% are earning more than 8,810 XCD.


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
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg

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
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg

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 Saint Kitts and Nevis costs anywhere from 16,900 East Caribbean Dollar(s) to 50,700 East Caribbean 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.



Salary Comparison By Gender

Salary comparison by gender monthly Saint Kitts and Nevis
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/saint-kitts-and-nevis/salary-comparison-by-gender-monthly-saint-kitts-and-nevis.jpg

Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees in Saint Kitts and Nevis earn 11% more than their female counterparts on avergae across all sectors.

Male
3,600 XCD
Female-10%
3,240 XCD
Percentage increase and decrease are relative to the previous value

Average Annual Salary Increment Percentage in Saint Kitts and Nevis

How much are annual salary increments in Saint Kitts and Nevis? How often do employees get salary raises?

Saint Kitts and Nevis

Employees in Saint Kitts and Nevis are likely to observe a salary increase of approximately 4% every 29 months.

Annual Salary Increment Rate Saint Kitts and Nevis
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/saint-kitts-and-nevis/annual-salary-increment-rate-saint-kitts-and-nevis.jpg


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.

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 Saint Kitts and Nevis is 2%.

Annual Increment Rate By Industry 2019

Banking
3%
Energy
6%
Information Technology
9%
Healthcare
3%
Travel
6%
Construction
9%
Education
3%

Listed above are the average annual increase rates for each industry in Saint Kitts and Nevis for the year 2019. 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.


Average Salary Increase Rate by Experience Level

Junoir Level
3% - 5%
Mid-Career
6% - 9%
Senior Level
10% - 15%
Top Management
15% - 20%

The difference in increment rates is somehow justified because employers put more effort to retain more experienced staff since they are harder to acquire than less experienced ones.

Worldwide Salary Raises: All Countries and All Jobs

Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-increment-world.jpg

Bonus and Incentive Rates in Saint Kitts and Nevis

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Saint Kitts and Nevis
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/saint-kitts-and-nevis/annual-salary-bonus-rate-saint-kitts-and-nevis.jpg

67% of surveyed staff in Saint Kitts and Nevis reported that they haven't received any bonuses or incentives in the previous year while 33% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 5% of their annual salary.

Received Bonus
33%
No Bonus
67%

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.


Bonus Rates Comparison by Career Field

Finance
High
Architecture
High
Sales
High
Business Development
High
Marketing / Advertising
High
Information Technology
Moderate
Healthcare
Moderate
Insurance
Moderate
Customer Service
Moderate
Human Resources
Moderate
Construction
Low
Transport
Low
Hospitality
Low

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.

Salaries for popular jobs

Job TitleAverage Salary
Accounting and Finance
Accountant2,210 XCD
Accounting Assistant1,700 XCD
Accounting Manager5,030 XCD
Bookkeeper1,580 XCD
Chartered Accountant3,050 XCD
Corporate Treasurer4,200 XCD
Financial Analyst4,260 XCD
Financial Manager6,630 XCD
Internal Auditor3,000 XCD

Administration / Reception / Secretarial
Administrative Assistant1,750 XCD
Office Manager2,850 XCD
Receptionist1,230 XCD
Secretary1,520 XCD

Advertising / Grapic Design / Events
Art Director3,330 XCD
Creative Director3,270 XCD
Graphic Designer2,110 XCD
Photographer1,800 XCD

Airlines / Aviation / Aerospace / Defense
Aerospace Engineer4,130 XCD
Air Traffic Controller3,480 XCD
Flight Attendant2,190 XCD
Pilot5,550 XCD

Architecture
Architect3,850 XCD
CAD Drafter1,690 XCD

Automotive
Mechanic1,210 XCD
Service Advisor2,160 XCD

Banking
Bank Branch Manager5,850 XCD
Teller1,230 XCD

Bilingual
Teacher2,380 XCD
Translator3,050 XCD

Business Planning
Business Analyst4,140 XCD
Business Development Manager5,200 XCD
Project Manager3,680 XCD

Care Giving and Child Care
Nanny1,360 XCD
Nursery Teacher1,180 XCD

Construction / Building / Installation
Civil Engineer2,970 XCD
Construction Project Manager5,560 XCD
Health and Safety Officer1,420 XCD

Customer Service and Call Center
Call Center Representative1,270 XCD
Customer Service Manager4,350 XCD
Customer Service Representative1,190 XCD

Engineering
Electrical Engineer3,320 XCD
Engineer3,080 XCD
Mechanical Engineer2,940 XCD

Executive and Management
Chief Executive Officer7,290 XCD
Chief Financial Officer6,710 XCD
General Manager5,640 XCD

Food / Hospitality / Tourism / Catering
Chef2,060 XCD
Executive Chef2,310 XCD
Hotel Manager5,640 XCD
Travel Agent2,000 XCD
Waiter / Waitress980 XCD

Health and Medical
Dentist8,040 XCD
Dietitian6,610 XCD
Laboratory Technician2,330 XCD
Nurse2,650 XCD

Human Resources
Human Resources Manager4,790 XCD
Human Resources Officer1,980 XCD

Information Technology
Computer Technician2,520 XCD
Database Administrator3,300 XCD
Developer / Programmer3,290 XCD
Information Technology Manager5,170 XCD
Network Engineer2,900 XCD

Law Enforcement / Security / Fire
Police Officer1,910 XCD

Legal
Attorney6,520 XCD
Legal Assistant1,730 XCD

Media / Broadcasting / Arts / Entertainment
Journalist3,530 XCD

Pharmaceutical and Biotechnology
Biomedical Engineer2,640 XCD
Pharmacist4,010 XCD

Sales Retail and Wholesale
Cashier1,190 XCD
Sales Manager5,560 XCD
Sales Representative2,060 XCD

Teaching / Education
Elementary School Teacher2,340 XCD
Secondary School Teacher2,690 XCD

Average Hourly Wage in Saint Kitts and Nevis


20 XCD per hour

The average hourly wage (pay per hour) in Saint Kitts and Nevis is 20 XCD. This means that the average person in Saint Kitts and Nevis earns approximately 20 XCD 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.

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 Saint Kitts and Nevis earn 14% more than their private sector counterparts on average across all sectors.

Private Sector
3,210 XCD
Public Sector+14%
3,650 XCD
Percentage increase and decrease are relative to the previous value

Browse Salaries

Salary Increase Letters

Best Paying Jobs
HomePrivacy PolicySalary Comparison

©Salary Explorer 2020