How much money does a person working in Barbados make?
3,199 BBD per month
Average Monthly Salary
A person working in Barbados typically earns around 3,199 BBD per month.
This is the average monthly salary including housing, transport, and other benefits.
Salaries differ drasticly between different jobs. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
Distribution of Salaries in Barbados | All Jobs
Abount These Figures: Salary Range, Median and Percentiles
Salaries in Barbados range between 433 BBD per month (minimum salary) to 14,164 BBD per month (maximum salary).
The median salary is 3,071 BBD per month, which means that half (50%) of the population are earning less than 3,071 BBD while the other half are earning more than 3,071 BBD. 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 the population are earning less than 1,577 BBD while 75% of them are earning more than 1,577 BBD. Also from the diagram, 75% of the population are earning less than 7,928 BBD while 25% are earning more than 7,928 BBD.
What is the difference between the median and the average salary? What should you be looking at?
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 plently of room for improvement. If your wage is in between the average and median, then things can be a bit confusing. We have written a guide to explain all the different senarios. How to compare your salary
Salary Trend and Forecast in Barbados
How are Barbados salaries changing over time? Listed below is a chart that shows the average salary over the past few years.
|Average Salary 2016|| = |
|Average Salary 2017|| +4% |
|Average Salary 2018|| +1% |
|Average Salary 2019|| +2% |
Percentage increase and decrease are relative to the previous value
Salaries in Barbados are on the rise in the year 2019 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 2% higher than those of 2018. The trend suggests a slow yet continous increase in pay in 2020 and future years. These numbers differ slightly from industry to another.
Salaries for popular jobs
|Administrative Assistant||1,700 BBD|
|Biomedical Engineer||2,783 BBD|
|CAD Drafter||2,339 BBD|
|Chartered Accountant||2,818 BBD|
|Chief Executive Officer||7,462 BBD|
|Chief Financial Officer||6,793 BBD|
|Civil Engineer||2,964 BBD|
|Computer Technician||2,430 BBD|
|Creative Director||3,226 BBD|
|Developer / Programmer||2,919 BBD|
|Electrical Engineer||3,075 BBD|
|Elementary School Teacher||2,184 BBD|
|Executive Chef||2,836 BBD|
|Flight Attendant||2,732 BBD|
|General Manager||5,963 BBD|
|Graphic Designer||2,179 BBD|
|Hotel Manager||5,007 BBD|
|Human Resources Manager||4,551 BBD|
|Internal Auditor||3,176 BBD|
|Legal Assistant||2,351 BBD|
|Mechanical Engineer||3,148 BBD|
|Police Officer||2,625 BBD|
|Project Manager||3,815 BBD|
|Sales Manager||4,852 BBD|
|Sales Representative||2,058 BBD|
|Secondary School Teacher||2,552 BBD|
|Travel Agent||2,518 BBD|
|Waiter / Waitress||1,896 BBD|
Average Hourly Wage in Barbados | All Jobs
18 BBD per hour
Average Hourly Wage
The average hourly wage (pay per hour) in Barbados | All Jobs is 18 BBD. This means that the average person in Barbados earns approximatly 18 BBD for every worked hour.
Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )
The hourly wage is the salary paid in one working 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 annual vacation allowance. The figures mentioned above are good approximation and they are considered to the be the standard.
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