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Factory and Manufacturing Average Salaries in Barbados 2020

How much money does a person working in Factory and Manufacturing make in Barbados?


Average Monthly Salary
4,050 BBD
( 48,600 BBD yearly)

LOW
1,910
BBD
AVERAGE
4,050
BBD
HIGH
7,630
BBD

A person working in Factory and Manufacturing in Barbados typically earns around 4,050 BBD per month. Salaries range from 1,910 BBD (lowest average) to 7,630 BBD (highest average, actual maximum salary is higher).

This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Factory and Manufacturing 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
Assembly Foreman2,060 BBD
Assembly Line Worker1,920 BBD
Assembly Supervisor3,120 BBD
Assistance Maintenance Manager5,070 BBD
Assistant Shipping Manager5,140 BBD
Chemical Equipment Controller4,630 BBD
Chemical Technican Apprentice3,970 BBD
CNC Machinist4,110 BBD
CNC Operator3,470 BBD
CNC Programmer4,090 BBD
Colour Technologist3,550 BBD
Contracts Manager4,850 BBD
Data Collection Coordinator3,600 BBD
Demand Planner3,210 BBD
Derrick Operator2,560 BBD
Director of Manufacturing5,430 BBD
Dock Worker2,620 BBD
Drying Technician2,670 BBD
Equipment Operator2,650 BBD
Export Sales Coordinator4,360 BBD
Factory Superintendent3,530 BBD
Factory Worker3,510 BBD
Failure Analysis Technician3,710 BBD
Fiberglass Laminator2,830 BBD
Food Technologist3,770 BBD
Forklift Driver2,720 BBD
Forming Machine Operator3,090 BBD
Furnace Operator2,720 BBD
Gas Appliance Repairer2,740 BBD
General Warehouse Associate4,110 BBD
Heavy Equipment Operator3,370 BBD
HSE Manager5,800 BBD
Industrial Engineer4,930 BBD
Industrial Machinery Mechanic4,140 BBD
Industrial Production Manager6,880 BBD
Industrial Safety and Health Engineer4,970 BBD
Intake Operator3,410 BBD
Key Account Manager5,680 BBD
Lift Truck Operator2,880 BBD
Loading Supervisor3,660 BBD
Logistic Coordinator4,200 BBD
Logistics Clerk3,710 BBD
Machine Operator2,800 BBD
Machinist2,620 BBD
Maintenance Manager5,000 BBD
Maintenance Store Clerk2,700 BBD
Manufacturing Engineer4,700 BBD
Manufacturing Engineering Manager6,250 BBD
Manufacturing Engineering Technologist5,120 BBD
Manufacturing Manager6,400 BBD
Manufacturing Operative4,910 BBD
Manufacturing Production Technician3,420 BBD
Manufacturing Supervisor4,270 BBD
Manufacturing Technician3,170 BBD
Materials Supervisor4,670 BBD
Mechanical Fitter Engineer4,520 BBD
Mechanical Foreman2,940 BBD
Merchandise Planner3,630 BBD
Metrology Engineer4,550 BBD
Operations Engineer4,390 BBD
Operations Manager5,610 BBD
Order Management Coordinator4,740 BBD
Order Processing Manager5,500 BBD
Order Selector3,410 BBD
Package Handler2,560 BBD
Packaging Manager5,200 BBD
Packer2,090 BBD
Packing Deputy Supervisor4,010 BBD
Planning Manager5,450 BBD
Plant Manager6,610 BBD
Precision Instrument Repairer3,430 BBD
Process Technician3,530 BBD
Product Manager5,790 BBD
Production Analyst5,460 BBD
Production Director6,900 BBD
Production Engineer4,810 BBD
Production Engineering Supervisor5,550 BBD
Production Inspector5,330 BBD
Production Laborer2,850 BBD
Production Manager6,320 BBD
Production Scheduler4,240 BBD
Production Supervisor4,990 BBD
Quality Control Analyst5,630 BBD
Quality Control Inspector4,720 BBD
Quality Control Manager6,150 BBD
Service Technician3,510 BBD
SHEQ Officer3,560 BBD
Shipping Manager5,710 BBD
Small Engine Mechanic3,670 BBD
Spray Painter2,820 BBD
Sterile Processing Technician3,070 BBD
Structural Welder2,570 BBD
Supply Chain Operative4,560 BBD
Technical Operator3,340 BBD
Technology Development Manager6,880 BBD
Testing Technician4,690 BBD
Toolmaker3,430 BBD
Warehouse Operative2,900 BBD
Warehouse Worker3,030 BBD
Warranty Handler3,800 BBD
Welder3,190 BBD
Workshop Manager5,160 BBD

Factory and Manufacturing Jobs Salary Distribution in Barbados

Median and salary distribution monthly Barbados Factory and Manufacturing
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The median, the maximum, the minimum, and the range

  • Salary Range

    Factory and Manufacturing salaries in Barbados range from 1,910 BBD per month (minimum average salary) to 7,630 BBD per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 4,130 BBD per month, which means that half (50%) of people working in Factory and Manufacturing are earning less than 4,130 BBD while the other half are earning more than 4,130 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.

  • 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 Factory and Manufacturing are earning less than 2,720 BBD while 75% of them are earning more than 2,720 BBD. Also from the diagram, 75% of people working in Factory and Manufacturing are earning less than 6,000 BBD while 25% are earning more than 6,000 BBD.


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 Barbados costs anywhere from 25,800 Barbados Dollar(s) to 77,500 Barbados 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.

Factory and Manufacturing Salary Comparison By Gender

Salary comparison by gender monthly Barbados Factory and Manufacturing
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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 earn 13% more than their female counterparts.

Female
3,760 BBD
Male+13%
4,230 BBD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Barbados for all Careers

Salary comparison by gender monthly Barbados
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Factory and Manufacturing Average Annual Salary Increment Percentage in Barbados

How much are annual salary increments in Barbados for Factory and Manufacturing professionals? How often do employees get salary raises?

Factory and Manufacturing

Factory and Manufacturing professionals in Barbados are likely to observe a salary increase of approximately 4% every 29 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.

Annual Salary Increment Rate Barbados Factory and Manufacturing
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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.

Barbados / All Professions

Annual Salary Increment Rate Barbados
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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 Barbados is 2%.

Annual Increment Rate By Industry 2019

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Listed above are the average annual increase rates for each industry in Barbados 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.


Worldwide Salary Raises: All Countries and All Jobs

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Factory and Manufacturing Bonus and Incentive Rates in Barbados

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Barbados Factory and Manufacturing
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Factory and Manufacturing is considered to be a low 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.

89% of surveyed staff in Factory and Manufacturing reported that they haven't received any bonuses or incentives in the previous year while 11% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 0% to 4% of their annual salary.

Received Bonus
11%
No Bonus
89%

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.

Government vs Private Sector Salary Comparison

Public vs private sector salaries monthly Barbados
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Where can you get paid more, working for a private company or for the government? Public sector employees in Barbados earn 11% more than their private sector counterparts.

Private Sector
4,860 BBD
Public Sector+11%
5,380 BBD
Percentage increase and decrease are relative to the previous value

Factory and Manufacturing Salary Forecast and Trend in Barbados

How do Factory and Manufacturing salaries change over time? Listed below is a chart that shows the average salary in recent years.

Salary trends and forecast monthly Barbados Factory and Manufacturing
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Average Salary 2016
3,590 BBD
Average Salary 2017+4%
3,730 BBD
Average Salary 2018+3%
3,830 BBD
Average Salary 2019+2%
3,900 BBD
Percentage increase and decrease are relative to the previous value

Factory and Manufacturing salaries in Barbados are rising in the year 2020 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 continuous increase in pay in 2021 and future years. These numbers may vary from industry to another.

Factory and Manufacturing Hourly Average Wage in Barbados


23 BBD per hour

The average hourly wage (pay per hour) in Barbados is 23 BBD. This means that the average person in Barbados earns approximately 23 BBD 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.

Factory and Manufacturing VS Other Jobs

Salary Comparison Between Factory and Manufacturing and Factory and Manufacturing monthly Barbados
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The average salary for Factory and Manufacturing is 22% less than that of All Jobs.

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