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Information Technology Average Salaries in Cayman Islands 2020

How much money does a person working in Information Technology make in Cayman Islands?


Average Yearly Salary
39,500 KYD
( 3,290 KYD monthly)

LOW
20,300
KYD
AVERAGE
39,500
KYD
HIGH
63,700
KYD

A person working in Information Technology in Cayman Islands typically earns around 39,500 KYD per year. Salaries range from 20,300 KYD (lowest average) to 63,700 KYD (highest average, actual maximum salary is higher).

This is the average yearly salary including housing, transport, and other benefits. Salaries vary drastically between different Information Technology 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
2nd Line Systems Engineer35,700 KYD
ABAP Developer33,100 KYD
Advertising Account Planner32,900 KYD
Android Developer35,300 KYD
Angular Developer33,600 KYD
Application Consultant45,200 KYD
Applications System Specialist32,800 KYD
Artificial Intelligence and Machine Learning Specialist47,000 KYD
Artificial Intelligence Developer44,200 KYD
AS400 Programmer39,100 KYD
Assistant Information Technology Manager45,300 KYD
Assistant Service Delivery Manager42,600 KYD
Avaloq Developer36,000 KYD
BizTalk Developer 38,600 KYD
Blockchain Associate37,400 KYD
Blockchain Developer32,900 KYD
Build and Release Engineer34,300 KYD
Business Intelligence Analyst41,300 KYD
Business Intelligence Developer39,600 KYD
Business Objects Developer33,800 KYD
Business Process Consultant41,200 KYD
Business Systems Analyst34,300 KYD
C# Developer40,200 KYD
C++ Developer42,200 KYD
Capacity Planning Manager51,100 KYD
Change Administrator31,500 KYD
Chief Information Security Officer53,900 KYD
Client Delivery Manager51,200 KYD
CMS Developer31,400 KYD
Computer Animator34,100 KYD
Computer Hardware Engineer31,400 KYD
Computer Networks Architect39,400 KYD
Computer Operator25,100 KYD
Computer Technician30,000 KYD
Copy Editor30,100 KYD
CRM Application Administrator34,900 KYD
Cross Platform Security Manager52,000 KYD
Curam Developer30,100 KYD
Data Analyst33,800 KYD
Data Architect37,600 KYD
Data Center Technician31,500 KYD
Data Entry Supervisor25,300 KYD
Data Manager49,900 KYD
Data Modeling Analyst36,900 KYD
Data Quality Analyst38,100 KYD
Data Security Analyst37,900 KYD
Data Security Manager50,000 KYD
Data Warehousing Manager49,200 KYD
Data Warehousing Specialist34,300 KYD
Database Administration Manager48,200 KYD
Database Administrator37,300 KYD
Database Analyst40,400 KYD
Database Developer37,000 KYD
Database Report Writer35,700 KYD
Delivery Manager40,200 KYD
Developer / Programmer36,900 KYD
Development Manager52,100 KYD
Director of Application Development53,900 KYD
Director of Technology63,700 KYD
Disaster Recovery Analyst37,100 KYD
Documentation Specialist32,800 KYD
E-Commerce Manager43,500 KYD
E-Commerce Marketing Analyst43,400 KYD
E-Commerce Marketing Manager49,200 KYD
E-Commerce Sales Manager48,200 KYD
E-Commerce Strategy Manager53,100 KYD
Enterprise Architecture Manager49,200 KYD
Enterprise Infrastructure Architect47,400 KYD
Enterprise Infrastructure Manager56,700 KYD
ERP / CRM Technical Consultant39,900 KYD
ERP Analyst40,800 KYD
ERP Project Manager51,700 KYD
Ethical Hacker32,400 KYD
Financial Systems Manager52,800 KYD
Flash Developer33,000 KYD
Front End Developer30,600 KYD
Full Stack Developer39,700 KYD
Functional Analyst40,200 KYD
Game Developer33,600 KYD
GIS Analyst34,400 KYD
GIS Developer37,900 KYD
Global BI Analyst40,000 KYD
Graphical User Interface ( GUI ) Programmer31,500 KYD
Graphics Programmer33,500 KYD
Graphics Web Designer30,600 KYD
Hardware Design Engineer35,400 KYD
Hardware Engineering Manager54,500 KYD
Hardware Technician29,500 KYD
Head of Development52,100 KYD
Help Desk Analyst37,100 KYD
Help Desk Manager41,700 KYD
Help Desk Support26,500 KYD
Helpdesk Manager42,100 KYD
Imaging Programmer32,800 KYD
Informatics Optimization Specialist39,600 KYD
Information Assurance Analyst39,400 KYD
Information Program Director52,100 KYD
Information Security Administrator42,300 KYD
Information Security Analyst46,100 KYD
Information Security Engineer36,300 KYD
Information Security Manager57,200 KYD
Information Security Specialist44,200 KYD
Information Services Consultant43,000 KYD
Information Technology Administrator30,400 KYD
Information Technology Asset Manager49,800 KYD
Information Technology Consultant44,000 KYD
Information Technology Coordinator31,100 KYD
Information Technology Director62,400 KYD
Information Technology Infrastructure Engineer32,800 KYD
Information Technology Manager62,400 KYD
Information Technology Operations Manager58,400 KYD
Information Technology Product Manager52,800 KYD
Information Technology Project Administrator31,400 KYD
Information Technology Project Coordinator37,500 KYD
Information Technology Project Leader45,200 KYD
Information Technology Project Manager60,200 KYD
Information Technology Quality Assurance Manager43,500 KYD
Information Technology Quality Assurance Team Lead (QA)41,800 KYD
Information Technology Quality Specialist36,900 KYD
Information Technology Support24,600 KYD
Information Technology Team Leader44,400 KYD
Information Technology Trainer39,400 KYD
Information Technology Training Analyst37,300 KYD
Interface Design Manager48,700 KYD
Interface Designer31,600 KYD
IOS Developer39,700 KYD
Java Developer42,200 KYD
Javascript Developer37,800 KYD
Lead Developer41,700 KYD
Linux Administrator36,100 KYD
Lotus Domino Administrator37,000 KYD
Lotus Notes Developer39,100 KYD
Mail Server Administrator34,300 KYD
Major Incident Manager45,200 KYD
Managed Service Specialist37,900 KYD
Microsystems Engineer36,400 KYD
Mobile Developer39,100 KYD
Multimedia Developer32,100 KYD
Multimedia Services Manager43,300 KYD
Network Administration Team Lead43,000 KYD
Network Administrator32,100 KYD
Network Analyst35,400 KYD
Network and Infrastructure Manager59,100 KYD
Network Engineer31,900 KYD
Network Engineering Manager43,400 KYD
Network Security Systems Manager48,200 KYD
Network Specialist35,900 KYD
Network Technician29,500 KYD
Nodejs Developer40,200 KYD
NT Systems Administrator35,100 KYD
Numerical Control Programmer32,100 KYD
Online Banking Manager58,300 KYD
Online Banking Specialist45,300 KYD
OPS Manager53,100 KYD
Oracle Database Administrator35,200 KYD
Oracle Developer40,200 KYD
Perl Developer32,500 KYD
PHP Developer31,900 KYD
Python Developer38,600 KYD
Records Manager30,100 KYD
Remedy Developer29,200 KYD
Reporting Analyst36,700 KYD
Ruby Developer34,200 KYD
Salesforce Administrator36,400 KYD
Salesforce Developer28,200 KYD
SAP Consultant38,800 KYD
SAS Programmer33,100 KYD
Scrum Master29,800 KYD
SEO Associate29,600 KYD
SEO Manager46,300 KYD
Service Delivery Manager49,200 KYD
Service Level Manager50,200 KYD
Service Support Lead36,900 KYD
SharePoint Administrator37,100 KYD
Sharepoint Consultant40,200 KYD
Sharepoint Developer38,600 KYD
Shift Leader39,600 KYD
SOA Analyst35,000 KYD
SOC Engineer35,700 KYD
Software Analyst38,100 KYD
Software Architect35,200 KYD
Software Development Manager48,200 KYD
Software Engineer37,100 KYD
Software QA Engineer34,900 KYD
Software Sales34,400 KYD
Software Specialist33,500 KYD
Software Support Engineer31,000 KYD
Software Test Engineer31,000 KYD
Solutions Architect51,700 KYD
Storage Engineer32,100 KYD
Supervisor26,600 KYD
Support Analyst34,600 KYD
Support Specialist38,100 KYD
System Administrator33,100 KYD
Systems Analyst37,600 KYD
Systems Architect36,400 KYD
Systems Consultant44,900 KYD
Systems Engineer29,800 KYD
Systems Integrator37,400 KYD
Technical Analyst33,600 KYD
Technical Consultant44,000 KYD
Technical Manager40,800 KYD
Technical Project Manager49,500 KYD
Technical Sales34,700 KYD
Technical Trainer38,100 KYD
Technical Writer34,600 KYD
Technology Business Analyst36,600 KYD
Technology Director61,100 KYD
Technology Specialist48,200 KYD
Teradata Developer29,600 KYD
Test Analyst34,700 KYD
Tester30,700 KYD
Testing Manager48,200 KYD
TIBCO Developer31,800 KYD
UNIX Administrator38,400 KYD
Usability Engineer36,400 KYD
User Experience Consultant41,000 KYD
User Experience Design Expert37,500 KYD
User Experience Designer32,100 KYD
User Experience Researcher39,400 KYD
User Interface Designer37,100 KYD
VB Developer28,900 KYD
VB.NET Developer39,700 KYD
Video Game Designer32,300 KYD
Visual Information Specialist34,900 KYD
Web Applications Manager45,700 KYD
Web Content Specialist40,000 KYD
Web Designer32,100 KYD
Web Developer34,000 KYD
Web Editor29,600 KYD
Web Project Manager43,700 KYD
Web Promotions Specialist36,700 KYD
Web Security Administrator39,600 KYD
Web Security Manager53,900 KYD
Web Support Analyst28,500 KYD
Web Writer30,500 KYD
Webmaster30,100 KYD
Windows System Administrator32,400 KYD
Wireless Consultant42,500 KYD
Writer and Documentor31,500 KYD

Information Technology Jobs Salary Distribution in Cayman Islands

Median and salary distribution yearly Cayman Islands Information Technology
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The median, the maximum, the minimum, and the range

  • Salary Range

    Information Technology salaries in Cayman Islands range from 20,300 KYD per year (minimum average salary) to 63,700 KYD per year (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 38,700 KYD per year, which means that half (50%) of people working in Information Technology are earning less than 38,700 KYD while the other half are earning more than 38,700 KYD. 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 Information Technology are earning less than 26,500 KYD while 75% of them are earning more than 26,500 KYD. Also from the diagram, 75% of people working in Information Technology are earning less than 50,100 KYD while 25% are earning more than 50,100 KYD.


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 Cayman Islands costs anywhere from 16,200 Cayman Islands Dollar(s) to 48,600 Cayman Islands 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.

Information Technology Salary Comparison By Gender

Salary comparison by gender yearly Cayman Islands Information Technology
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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 Cayman Islands who work in Information Technology earn 25% more than their female counterparts on average.

Female
35,200 KYD
Male+25%
44,200 KYD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Cayman Islands for all Careers

Salary comparison by gender yearly Cayman Islands
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Information Technology Average Annual Salary Increment Percentage in Cayman Islands

How much are annual salary increments in Cayman Islands for Information Technology professionals? How often do employees get salary raises?

Information Technology

Information Technology professionals in Cayman Islands are likely to observe a salary increase of approximately 6% every 27 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Cayman Islands Information Technology
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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.

Cayman 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

The average salary increase in one year (12 months) in Cayman Islands is 2%.

Annual Increment Rate By Industry 2019

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Listed above are the average annual increase rates for each industry in Cayman Islands 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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Information Technology Bonus and Incentive Rates in Cayman Islands

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Cayman Islands Information Technology
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Information Technology 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.

66% of surveyed staff in Information Technology reported that they haven't received any bonuses or incentives in the previous year while 34% 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
34%
No Bonus
66%

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 yearly Cayman Islands
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Where can you get paid more, working for a private company or for the government? Public sector employees in Cayman Islands earn 21% more than their private sector counterparts on average across all sectors.

Private Sector
35,400 KYD
Public Sector+21%
42,800 KYD
Percentage increase and decrease are relative to the previous value

Information Technology Hourly Average Wage in Cayman Islands


19 KYD per hour

The average hourly wage (pay per hour) in Cayman Islands is 19 KYD. This means that the average person in Cayman Islands earns approximately 19 KYD 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.

Information Technology VS Other Jobs

Salary Comparison Between Information Technology and Information Technology yearly Cayman Islands
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The average salary for Information Technology is 1% more than that of All Jobs.

71000 - 3

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