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.
|Job Title||Average Salary|
|2nd Line Systems Engineer||35,700 KYD|
|ABAP Developer||33,100 KYD|
|Advertising Account Planner||32,900 KYD|
|Android Developer||35,300 KYD|
|Angular Developer||33,600 KYD|
|Application Consultant||45,200 KYD|
|Applications System Specialist||32,800 KYD|
|Artificial Intelligence and Machine Learning Specialist||47,000 KYD|
|Artificial Intelligence Developer||44,200 KYD|
|AS400 Programmer||39,100 KYD|
|Assistant Information Technology Manager||45,300 KYD|
|Assistant Service Delivery Manager||42,600 KYD|
|Avaloq Developer||36,000 KYD|
|BizTalk Developer||38,600 KYD|
|Blockchain Associate||37,400 KYD|
|Blockchain Developer||32,900 KYD|
|Build and Release Engineer||34,300 KYD|
|Business Intelligence Analyst||41,300 KYD|
|Business Intelligence Developer||39,600 KYD|
|Business Objects Developer||33,800 KYD|
|Business Process Consultant||41,200 KYD|
|Business Systems Analyst||34,300 KYD|
|C# Developer||40,200 KYD|
|C++ Developer||42,200 KYD|
|Capacity Planning Manager||51,100 KYD|
|Change Administrator||31,500 KYD|
|Chief Information Security Officer||53,900 KYD|
|Client Delivery Manager||51,200 KYD|
|CMS Developer||31,400 KYD|
|Computer Animator||34,100 KYD|
|Computer Hardware Engineer||31,400 KYD|
|Computer Networks Architect||39,400 KYD|
|Computer Operator||25,100 KYD|
|Computer Technician||30,000 KYD|
|Copy Editor||30,100 KYD|
|CRM Application Administrator||34,900 KYD|
|Cross Platform Security Manager||52,000 KYD|
|Curam Developer||30,100 KYD|
|Data Analyst||33,800 KYD|
|Data Architect||37,600 KYD|
|Data Center Technician||31,500 KYD|
|Data Entry Supervisor||25,300 KYD|
|Data Manager||49,900 KYD|
|Data Modeling Analyst||36,900 KYD|
|Data Quality Analyst||38,100 KYD|
|Data Security Analyst||37,900 KYD|
|Data Security Manager||50,000 KYD|
|Data Warehousing Manager||49,200 KYD|
|Data Warehousing Specialist||34,300 KYD|
|Database Administration Manager||48,200 KYD|
|Database Administrator||37,300 KYD|
|Database Analyst||40,400 KYD|
|Database Developer||37,000 KYD|
|Database Report Writer||35,700 KYD|
|Delivery Manager||40,200 KYD|
|Developer / Programmer||36,900 KYD|
|Development Manager||52,100 KYD|
|Director of Application Development||53,900 KYD|
|Director of Technology||63,700 KYD|
|Disaster Recovery Analyst||37,100 KYD|
|Documentation Specialist||32,800 KYD|
|E-Commerce Manager||43,500 KYD|
|E-Commerce Marketing Analyst||43,400 KYD|
|E-Commerce Marketing Manager||49,200 KYD|
|E-Commerce Sales Manager||48,200 KYD|
|E-Commerce Strategy Manager||53,100 KYD|
|Enterprise Architecture Manager||49,200 KYD|
|Enterprise Infrastructure Architect||47,400 KYD|
|Enterprise Infrastructure Manager||56,700 KYD|
|ERP / CRM Technical Consultant||39,900 KYD|
|ERP Analyst||40,800 KYD|
|ERP Project Manager||51,700 KYD|
|Ethical Hacker||32,400 KYD|
|Financial Systems Manager||52,800 KYD|
|Flash Developer||33,000 KYD|
|Front End Developer||30,600 KYD|
|Full Stack Developer||39,700 KYD|
|Functional Analyst||40,200 KYD|
|Game Developer||33,600 KYD|
|GIS Analyst||34,400 KYD|
|GIS Developer||37,900 KYD|
|Global BI Analyst||40,000 KYD|
|Graphical User Interface ( GUI ) Programmer||31,500 KYD|
|Graphics Programmer||33,500 KYD|
|Graphics Web Designer||30,600 KYD|
|Hardware Design Engineer||35,400 KYD|
|Hardware Engineering Manager||54,500 KYD|
|Hardware Technician||29,500 KYD|
|Head of Development||52,100 KYD|
|Help Desk Analyst||37,100 KYD|
|Help Desk Manager||41,700 KYD|
|Help Desk Support||26,500 KYD|
|Helpdesk Manager||42,100 KYD|
|Imaging Programmer||32,800 KYD|
|Informatics Optimization Specialist||39,600 KYD|
|Information Assurance Analyst||39,400 KYD|
|Information Program Director||52,100 KYD|
|Information Security Administrator||42,300 KYD|
|Information Security Analyst||46,100 KYD|
|Information Security Engineer||36,300 KYD|
|Information Security Manager||57,200 KYD|
|Information Security Specialist||44,200 KYD|
|Information Services Consultant||43,000 KYD|
|Information Technology Administrator||30,400 KYD|
|Information Technology Asset Manager||49,800 KYD|
|Information Technology Consultant||44,000 KYD|
|Information Technology Coordinator||31,100 KYD|
|Information Technology Director||62,400 KYD|
|Information Technology Infrastructure Engineer||32,800 KYD|
|Information Technology Manager||62,400 KYD|
|Information Technology Operations Manager||58,400 KYD|
|Information Technology Product Manager||52,800 KYD|
|Information Technology Project Administrator||31,400 KYD|
|Information Technology Project Coordinator||37,500 KYD|
|Information Technology Project Leader||45,200 KYD|
|Information Technology Project Manager||60,200 KYD|
|Information Technology Quality Assurance Manager||43,500 KYD|
|Information Technology Quality Assurance Team Lead (QA)||41,800 KYD|
|Information Technology Quality Specialist||36,900 KYD|
|Information Technology Support||24,600 KYD|
|Information Technology Team Leader||44,400 KYD|
|Information Technology Trainer||39,400 KYD|
|Information Technology Training Analyst||37,300 KYD|
|Interface Design Manager||48,700 KYD|
|Interface Designer||31,600 KYD|
|IOS Developer||39,700 KYD|
|Java Developer||42,200 KYD|
|Lead Developer||41,700 KYD|
|Linux Administrator||36,100 KYD|
|Lotus Domino Administrator||37,000 KYD|
|Lotus Notes Developer||39,100 KYD|
|Mail Server Administrator||34,300 KYD|
|Major Incident Manager||45,200 KYD|
|Managed Service Specialist||37,900 KYD|
|Microsystems Engineer||36,400 KYD|
|Mobile Developer||39,100 KYD|
|Multimedia Developer||32,100 KYD|
|Multimedia Services Manager||43,300 KYD|
|Network Administration Team Lead||43,000 KYD|
|Network Administrator||32,100 KYD|
|Network Analyst||35,400 KYD|
|Network and Infrastructure Manager||59,100 KYD|
|Network Engineer||31,900 KYD|
|Network Engineering Manager||43,400 KYD|
|Network Security Systems Manager||48,200 KYD|
|Network Specialist||35,900 KYD|
|Network Technician||29,500 KYD|
|Nodejs Developer||40,200 KYD|
|NT Systems Administrator||35,100 KYD|
|Numerical Control Programmer||32,100 KYD|
|Online Banking Manager||58,300 KYD|
|Online Banking Specialist||45,300 KYD|
|OPS Manager||53,100 KYD|
|Oracle Database Administrator||35,200 KYD|
|Oracle Developer||40,200 KYD|
|Perl Developer||32,500 KYD|
|PHP Developer||31,900 KYD|
|Python Developer||38,600 KYD|
|Records Manager||30,100 KYD|
|Remedy Developer||29,200 KYD|
|Reporting Analyst||36,700 KYD|
|Ruby Developer||34,200 KYD|
|Salesforce Administrator||36,400 KYD|
|Salesforce Developer||28,200 KYD|
|SAP Consultant||38,800 KYD|
|SAS Programmer||33,100 KYD|
|Scrum Master||29,800 KYD|
|SEO Associate||29,600 KYD|
|SEO Manager||46,300 KYD|
|Service Delivery Manager||49,200 KYD|
|Service Level Manager||50,200 KYD|
|Service Support Lead||36,900 KYD|
|SharePoint Administrator||37,100 KYD|
|Sharepoint Consultant||40,200 KYD|
|Sharepoint Developer||38,600 KYD|
|Shift Leader||39,600 KYD|
|SOA Analyst||35,000 KYD|
|SOC Engineer||35,700 KYD|
|Software Analyst||38,100 KYD|
|Software Architect||35,200 KYD|
|Software Development Manager||48,200 KYD|
|Software Engineer||37,100 KYD|
|Software QA Engineer||34,900 KYD|
|Software Sales||34,400 KYD|
|Software Specialist||33,500 KYD|
|Software Support Engineer||31,000 KYD|
|Software Test Engineer||31,000 KYD|
|Solutions Architect||51,700 KYD|
|Storage Engineer||32,100 KYD|
|Support Analyst||34,600 KYD|
|Support Specialist||38,100 KYD|
|System Administrator||33,100 KYD|
|Systems Analyst||37,600 KYD|
|Systems Architect||36,400 KYD|
|Systems Consultant||44,900 KYD|
|Systems Engineer||29,800 KYD|
|Systems Integrator||37,400 KYD|
|Technical Analyst||33,600 KYD|
|Technical Consultant||44,000 KYD|
|Technical Manager||40,800 KYD|
|Technical Project Manager||49,500 KYD|
|Technical Sales||34,700 KYD|
|Technical Trainer||38,100 KYD|
|Technical Writer||34,600 KYD|
|Technology Business Analyst||36,600 KYD|
|Technology Director||61,100 KYD|
|Technology Specialist||48,200 KYD|
|Teradata Developer||29,600 KYD|
|Test Analyst||34,700 KYD|
|Testing Manager||48,200 KYD|
|TIBCO Developer||31,800 KYD|
|UNIX Administrator||38,400 KYD|
|Usability Engineer||36,400 KYD|
|User Experience Consultant||41,000 KYD|
|User Experience Design Expert||37,500 KYD|
|User Experience Designer||32,100 KYD|
|User Experience Researcher||39,400 KYD|
|User Interface Designer||37,100 KYD|
|VB Developer||28,900 KYD|
|VB.NET Developer||39,700 KYD|
|Video Game Designer||32,300 KYD|
|Visual Information Specialist||34,900 KYD|
|Web Applications Manager||45,700 KYD|
|Web Content Specialist||40,000 KYD|
|Web Designer||32,100 KYD|
|Web Developer||34,000 KYD|
|Web Editor||29,600 KYD|
|Web Project Manager||43,700 KYD|
|Web Promotions Specialist||36,700 KYD|
|Web Security Administrator||39,600 KYD|
|Web Security Manager||53,900 KYD|
|Web Support Analyst||28,500 KYD|
|Web Writer||30,500 KYD|
|Windows System Administrator||32,400 KYD|
|Wireless Consultant||42,500 KYD|
|Writer and Documentor||31,500 KYD|
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).
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.
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.
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
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.
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.
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.
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.
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.
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.
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.
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.
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
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.
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.
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.
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.
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.
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.
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.
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.
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.
The average salary for Information Technology is 1% more than that of All Jobs.