Dentist Average Salary in Turks and Caicos Islands 2023
How much money does a Dentist make in Turks and Caicos Islands?
LOW
1,770
USD AVERAGE
3,610
USD HIGH
5,630
USD
A person working as a Dentist in Turks and Caicos Islands typically earns around 3,610 USD per month. Salaries range from 1,770 USD (lowest) to 5,630 USD (highest).
This is the average monthly salary including housing, transport, and other benefits. Dentist salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Dentist Salary Distribution in Turks and Caicos Islands
The median, the maximum, the minimum, and the range
Salary Range
Dentist salaries in Turks and Caicos Islands range from 1,770 USD per month (minimum salary) to 5,630 USD per month (maximum salary).
Median Salary
The median salary is 3,680 USD per month, which means that half (50%) of people working as Dentist(s) are earning less than 3,680 USD while the other half are earning more than 3,680 USD. 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 Dentist(s) are earning less than 2,450 USD while 75% of them are earning more than 2,450 USD. Also from the diagram, 75% of Dentist(s) are earning less than 4,750 USD while 25% are earning more than 4,750 USD.
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
Dentist Salary Comparison by Years of Experience
How does experience and age affect your pay?
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Dentist salaries by experience level and this is what we found.
A Dentist with less than two years of experience makes approximately 2,100 USD per month.
While someone with an experience level between two and five years is expected to earn 2,690 USD per month, 29% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 3,720 USD per month, 38% more than someone with two to five years of experience.
Additionally, Dentist(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 4,600 USD per month, 24% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 4,930 USD per month, 7% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 5,260 USD per month, 7% more than people with fifteen to twenty years of experience.
Dentist average salary change by experience in Turks and Caicos Islands
| 0 - 2 Years | 2,100 USD | |
| 2 - 5 Years | +29% | 2,690 USD |
| 5 - 10 Years | +38% | 3,720 USD |
| 10 - 15 Years | +24% | 4,600 USD |
| 15 - 20 Years | +7% | 4,930 USD |
| 20+ Years | +7% | 5,260 USD |
Typical Salary Progress for Most Careers
Dentist Salary Comparison By Gender
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Dentist employees in Turks and Caicos Islands earn 12% more than their female counterparts on average.
| Male | 3,760 USD | |
| Female | -10% | 3,370 USD |
Salary Comparison By Gender in Turks and Caicos Islands for all Careers
Dentist Average Annual Salary Increment Percentage in Turks and Caicos Islands
How much are annual salary increments in Turks and Caicos Islands for Dentist(s)? How often do employees get salary raises?
Dentist
Dentist(s) in Turks and Caicos Islands are likely to observe a salary increase of approximately 8% every 30 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.
Turks and Caicos Islands / 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
Annual Increment Rate By Industry 2022
| Banking | 7% | |
| Energy | 5% | |
| Information Technology | 3% | |
| Healthcare | 1% | |
| Travel | 8% | |
| Construction | 6% | |
| Education | 4% |
Listed above are the average annual increase rates for each industry in Turks and Caicos Islands for the year 2022. 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
Dentist Bonus and Incentive Rates in Turks and Caicos Islands
How much and how often are bonuses being awarded?
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A Dentist is considered to be a high bonus-based job 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.
34% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 66% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.
| Received Bonus | 66% | |
| No Bonus | 34% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese 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 Generators | Supporting 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: | Example: |
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.
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.
Dentist Average Hourly Wage in Turks and Caicos Islands
21 USD per hourThe average hourly wage (pay per hour) in Turks and Caicos Islands is 21 USD. This means that the average Dentist in Turks and Caicos Islands earns approximately 21 USD for every worked hour.
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.
Dentist VS Other Jobs
The average salary for Dentist is 58% more than that of Dental. Also, Dental salaries are 3% more than those of Health and Medical.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Dental Assistant | 1,010 USD |  -72% |
| Dental Hygienist | 970 USD | -73% |
| Dental Laboratory Technician | 980 USD | -73% |
| Dental Receptionist | 820 USD | -77% |
| Dental Technician | 900 USD | -75% |
| Dental Therapist | 1,400 USD | -61% |
| Dentist | 3,610 USD |  +0% |
| Endodontist | 4,400 USD | +22% |
| Orthodontic Assistant | 1,050 USD | -71% |
| Orthodontist | 4,640 USD | +29% |
| Periodontist | 4,310 USD | +19% |
| Prosthodontist | 4,400 USD | +22% |
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 Turks and Caicos Islands earn 10% more than their private sector counterparts on average across all sectors.
| Private Sector | 1,440 USD | |
| Public Sector | +10% | 1,590 USD |
