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Advertising / Grapic Design / Events Average Salaries in Barbados 2020

How much money does a person working in Advertising / Grapic Design / Events make in Barbados?


Average Monthly Salary
3,030 BBD
( 36,300 BBD yearly)

LOW
1,450
BBD
AVERAGE
3,030
BBD
HIGH
5,570
BBD

A person working in Advertising / Grapic Design / Events in Barbados typically earns around 3,030 BBD per month. Salaries range from 1,450 BBD (lowest average) to 5,570 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 Advertising / Grapic Design / Events 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
Advertising Account Executive3,630 BBD
Advertising Account Manager4,200 BBD
Advertising Account Planner2,140 BBD
Advertising Coordinator2,580 BBD
Advertising Manager5,300 BBD
Advertising Operations Manager5,490 BBD
Advertising Strategic Planner3,660 BBD
Advertising Team Leader3,080 BBD
Animator2,470 BBD
Art Director3,460 BBD
Artist2,760 BBD
Artworker2,000 BBD
Assistant Art Director2,510 BBD
Audiosual Technician2,000 BBD
Broadcast Administrator3,650 BBD
Catering Sales2,210 BBD
Catering Trainer2,620 BBD
Commercial and Industrial Designer2,060 BBD
Conference Organiser2,470 BBD
Content and Media Production Lead3,930 BBD
CopyWriter2,160 BBD
Creative Designer2,410 BBD
Creative Director3,240 BBD
Designer 1,910 BBD
Desktop Publisher1,660 BBD
Director of Graphic Design3,150 BBD
Events and Promotions Manager5,500 BBD
Exhibit Display Coordinator2,650 BBD
Exhibit Display Manager3,250 BBD
Finisher1,670 BBD
Graphic Artist2,150 BBD
Graphic Designer2,050 BBD
Graphics Design Supervisor2,960 BBD
Imagery Analyst1,880 BBD
Imaging Technologist1,910 BBD
Interaction Designer1,670 BBD
Media Planner2,740 BBD
Media Production Coordinator2,430 BBD
Media Production Manager4,460 BBD
Media Project Manager4,440 BBD
Media Relations Representative3,880 BBD
Media Sales Executive4,430 BBD
Multimedia Specialist1,910 BBD
Photographer1,880 BBD
PPC Campaign Manager3,560 BBD
Print Production Manager3,770 BBD
Product and Brand Manager5,000 BBD
Sales Promotion Manager5,250 BBD
Sketch Artist2,260 BBD
Social Media Executive4,450 BBD
Technical Typist1,450 BBD
User Experience UX Designer2,220 BBD
UX Designer2,080 BBD

Advertising / Grapic Design / Events Jobs Salary Distribution in Barbados

Median and salary distribution monthly Barbados Advertising / Grapic Design / Events
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The median, the maximum, the minimum, and the range

  • Salary Range

    Advertising / Grapic Design / Events salaries in Barbados range from 1,450 BBD per month (minimum average salary) to 5,570 BBD per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 3,150 BBD per month, which means that half (50%) of people working in Advertising / Grapic Design / Events are earning less than 3,150 BBD while the other half are earning more than 3,150 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 Advertising / Grapic Design / Events are earning less than 2,070 BBD while 75% of them are earning more than 2,070 BBD. Also from the diagram, 75% of people working in Advertising / Grapic Design / Events are earning less than 4,540 BBD while 25% are earning more than 4,540 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 16,300 Barbados Dollar(s) to 48,900 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.

Advertising / Grapic Design / Events Salary Comparison By Gender

Salary comparison by gender monthly Barbados Advertising / Grapic Design / Events
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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 Barbados who work in Advertising / Grapic Design / Events earn 9% more than their female counterparts on average.

Female
2,940 BBD
Male+9%
3,220 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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Advertising / Grapic Design / Events Average Annual Salary Increment Percentage in Barbados

How much are annual salary increments in Barbados for Advertising / Grapic Design / Events professionals? How often do employees get salary raises?

Advertising / Grapic Design / Events

Advertising / Grapic Design / Events professionals in Barbados are likely to observe a salary increase of approximately 5% every 28 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.

Annual Salary Increment Rate Barbados Advertising / Grapic Design / Events
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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

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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Advertising / Grapic Design / Events Bonus and Incentive Rates in Barbados

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Barbados Advertising / Grapic Design / Events
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Advertising / Grapic Design / Events 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.

63% of surveyed staff in Advertising / Grapic Design / Events reported that they haven't received any bonuses or incentives in the previous year while 37% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.

Received Bonus
37%
No Bonus
63%

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 on average across all sectors.

Private Sector
3,060 BBD
Public Sector+11%
3,390 BBD
Percentage increase and decrease are relative to the previous value

Advertising / Grapic Design / Events Hourly Average Wage in Barbados


17 BBD per hour

The average hourly wage (pay per hour) in Barbados is 17 BBD. This means that the average person in Barbados earns approximately 17 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.

Advertising / Grapic Design / Events VS Other Jobs

Salary Comparison Between Advertising / Grapic Design / Events and Advertising / Grapic Design / Events monthly Barbados
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The average salary for Advertising / Grapic Design / Events is 7% less than that of All Jobs.

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