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Average Salary in Trinidad and Tobago 2024

How much money does a person working in Trinidad and Tobago make?


Average Monthly Salary
9,800 TTD
( 118,000 TTD yearly)

LOW
2,470
TTD
AVERAGE
9,800
TTD
HIGH
43,600
TTD
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working in Trinidad and Tobago typically earns around 9,800 TTD. Salaries range from 2,470 TTD (lowest average) to 43,600 TTD (highest average, actual maximum salary is higher).


Salary Variance

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



Pay Scale and Salaries in Trinidad and Tobago

Median and salary distribution Trinidad and Tobago monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
18,500 TTD or more
10% of people earn
14,500 to 18,500 TTD
20% of people earn
5,650 TTD or less
65% of people earn
5,650 to 14,500 TTD
Minimum Salary
2,470 TTD
Median
8,530 TTD
Maximum
43,600 TTD




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries in Trinidad and Tobago range from 2,470 TTD (starting salary) to 43,600 TTD (maximum average salary, actual maximum is higher). This is not the minimum wage as per the law, only the lowest reported number in the salary survey that had thousands of participants and professionals from all over the country.

  • Median Salary

    The median salary is 8,530 TTD, which means that 50% of the population in Trinidad and Tobago earns less than that while the other half earns more. 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 and Salary Scale

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of the population in Trinidad and Tobago earn less than 6,160 TTD while 75% of them earn more. Also from the diagram, 75% of the population earn less than 12,900 TTD while 25% earn more than that.

  • Pay Scale Structure

    We grouped the most common and recurring salaries into brackets to give more insight into what salary to expect. This method is more accurate than just the average salary and gives more insights into how salaries are actually distributed in Trinidad and Tobago. Around 65% of all reported figures are in the range 5,650 TTD to 14,500 TTD. Approximately 20% fall under the 5,650 TTD cap. Ten percent of wages are from 14,500 TTD to 18,500 TTD. Only 5% of people grossed 18,500 TTD or more.

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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Salary is primarily determined by the level of experience one possesses, with higher levels of experience resulting in higher wages.

In Trinidad and Tobago, employees with two to five years of experience typically earn an average of 32% more than entry-level and junior workers in all industries and fields.

Individuals with more than five years of experience tend to earn an average of 36% more than those with less than five years of experience.

After ten years of work, salaries increase by 21%, with an additional 14% increase for those who have worked for over 15 years.

These figures should be used as rough estimates, as considering individual job titles can lead to more accurate assessments.


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.
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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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.

The correlation between higher education and higher salary is widely acknowledged, but how much of an income increase can one expect from obtaining a degree?

We conducted a study in Trinidad and Tobago comparing the salaries of professionals with different levels of college degrees who held similar positions in various industries.

Our results showed that individuals with a certificate or diploma earned an average of 17% more than those who only completed high school.

Those who obtained a Bachelor's Degree earned 24% more than their counterparts with a certificate or diploma.

Professionals with a Master's Degree earned 29% more than those with a Bachelor's Degree.

Finally, those who held a PhD earned an average of 23% more than those with a Master's Degree while performing the same job.


Is investing in a Master's degree or an MBA worth it? Is pursuing higher education worth the investment?

Earning a Master's degree or any post-graduate qualification in Trinidad and Tobago is a substantial financial commitment, with tuition fees ranging from 49,000 TTD to 147,000 TTD and a duration of around two years. It's important to note that during this period, any salary increases are unlikely, assuming ongoing employment. Salary reviews are typically conducted after completing the program and obtaining the degree.

Many individuals pursue advanced education as a means of transitioning to higher-paying positions, and the statistics indicate that this is an effective strategy. On average, individuals who change jobs after earning a higher degree receive a salary increase of about 10% more than the typical annual raise.

Ultimately, deciding whether or not to pursue advanced education depends on a variety of factors, including the personal situation and experience. However, if one can afford the financial costs of obtaining a higher degree, the return on investment is likely to be worthwhile, with the ability to recoup the costs in approximately a year.



Salary and Compensation Comparison By Gender / Trinidad and Tobago

Salary comparison by gender Trinidad and Tobago monthly
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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? In Trinidad and Tobago, the average difference between the salary of male and female employees is 6% across all career fields.

Male
10,100 TTD
Female-6%
9,540 TTD
Percentage increase and decrease are relative to the previous value


Average Annual Salary Increment Percentage in Trinidad and Tobago

How much are annual salary increments in Trinidad and Tobago? How often do employees get salary raises?

Trinidad and Tobago

Employees in Trinidad and Tobago are likely to observe a salary increase of approximately 4% every 29 months.

Annual Salary Increment Rate Trinidad and Tobago
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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.

The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare 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 Trinidad and Tobago is 2%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates in Trinidad and Tobago

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Trinidad and Tobago
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67% of surveyed staff in Trinidad and Tobago 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. Salaries by occupations.

Job TitleAverage Salary
Accounting and Finance
Accountant6,980 TTD
Accounting Assistant5,570 TTD
Accounting Manager14,500 TTD
Bookkeeper4,610 TTD
Chartered Accountant9,050 TTD
Corporate Treasurer13,500 TTD
Financial Analyst12,700 TTD
Financial Manager19,500 TTD
Internal Auditor9,020 TTD

Administration / Reception / Secretarial
Administrative Assistant5,230 TTD
Office Manager9,080 TTD
Receptionist3,890 TTD
Secretary4,590 TTD

Advertising / Graphic Design / Events
Art Director10,400 TTD
Creative Director9,710 TTD
Graphic Designer6,150 TTD
Photographer5,630 TTD

Airlines / Aviation / Aerospace / Defense
Aerospace Engineer13,100 TTD
Air Traffic Controller11,500 TTD
Flight Attendant6,730 TTD
Pilot16,700 TTD

Architecture
Architect11,800 TTD
CAD Drafter4,900 TTD

Automotive
Mechanic3,830 TTD
Service Advisor6,620 TTD

Banking
Bank Branch Manager17,900 TTD
Teller3,920 TTD

Bilingual
Teacher7,530 TTD
Translator9,050 TTD

Business Planning
Business Analyst12,900 TTD
Business Development Manager15,500 TTD
Project Manager11,700 TTD

Care Giving and Child Care
Nanny4,200 TTD
Nursery Teacher3,890 TTD

Construction / Building / Installation
Civil Engineer9,280 TTD
Construction Project Manager17,200 TTD
Health and Safety Officer4,550 TTD

Customer Service and Call Center
Call Center Representative3,670 TTD
Customer Service Manager14,200 TTD
Customer Service Representative3,630 TTD

Engineering
Electrical Engineer9,470 TTD
Engineer9,460 TTD
Mechanical Engineer9,390 TTD

Executive and Management
Chief Executive Officer23,000 TTD
Chief Financial Officer21,000 TTD
General Manager18,400 TTD

Food / Hospitality / Tourism / Catering
Chef5,980 TTD
Executive Chef7,190 TTD
Hotel Manager18,800 TTD
Travel Agent6,010 TTD
Waiter / Waitress3,070 TTD

Health and Medical
Dentist23,900 TTD
Dietitian19,300 TTD
Laboratory Technician7,460 TTD
Nurse7,680 TTD

Human Resources
Human Resources Manager15,300 TTD
Human Resources Officer5,970 TTD

Information Technology
Computer Technician7,480 TTD
Database Administrator9,850 TTD
Developer / Programmer10,000 TTD
Information Technology Manager15,700 TTD
Network Engineer8,240 TTD

Law Enforcement / Security / Fire
Police Officer6,160 TTD

Legal
Attorney19,400 TTD
Legal Assistant5,330 TTD

Media / Broadcasting / Arts / Entertainment
Journalist11,600 TTD

Pharmaceutical and Biotechnology
Biomedical Engineer8,570 TTD
Pharmacist13,000 TTD

Sales Retail and Wholesale
Cashier3,600 TTD
Sales Manager16,500 TTD
Sales Representative6,340 TTD

Teaching / Education
Elementary School Teacher6,720 TTD
Secondary School Teacher7,860 TTD

Average Hourly Wage in Trinidad and Tobago


57 TTD per hour

The average hourly wage (pay per hour) for all employees in Trinidad and Tobago is 57 TTD.This is the rate that the average individual gets paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

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 fixed 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.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for a person in Trinidad and Tobago is 14 TTD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Trinidad and Tobago is 14% on average across all career fields.

Private Sector
9,310 TTD
Public Sector+14%
10,600 TTD
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary in Trinidad and Tobago?

It is extremely difficult to give an exact figure of a good salary when no specific job is selected, however; an estimate can be provided based purely on the cost of living. A good compensation in Trinidad and Tobago would range anywhere between 8,530 TTD and 12,900 TTD.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary in Trinidad and Tobago ranges from 2,470 TTD to 6,160 TTD. The base salary depends on many factors including profession, experience, and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn 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


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