A person working as a Program Coordinator in Cayman Islands typically earns around 28,100 KYD per year. Salaries range from 14,000 KYD (lowest) to 43,500 KYD (highest).
This is the average yearly salary including housing, transport, and other benefits. Program Coordinator salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Program Coordinator salaries in Cayman Islands range from 14,000 KYD per year (minimum salary) to 43,500 KYD per year (maximum salary).
The median salary is 28,100 KYD per year, which means that half (50%) of people working as Program Coordinator(s) are earning less than 28,100 KYD while the other half are earning more than 28,100 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 Program Coordinator(s) are earning less than 18,900 KYD while 75% of them are earning more than 18,900 KYD. Also from the diagram, 75% of Program Coordinator(s) are earning less than 35,800 KYD while 25% are earning more than 35,800 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 your wage. We broke down Program Coordinator salaries by experience level and this is what we found.
A Program Coordinator with less than two years of experience makes approximately 16,800 KYD per year.
While someone with an experience level between two and five years is expected to earn 22,300 KYD per year, 32% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 29,800 KYD per year, 34% more than someone with two to five years of experience.
Additionally, Program Coordinator(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 35,500 KYD per year, 19% 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 38,300 KYD per year, 8% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 41,100 KYD per year, 7% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+32%|
|5 - 10 Years||+34%|
|10 - 15 Years||+19%|
|15 - 20 Years||+8%|
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Program Coordinator salaries by education level in order to make a comparison.
When the education level is High School, the average salary of a Program Coordinator is 21,100 KYD per year.
While someone with a Certificate or Diploma gets a salary of 24,000 KYD per year, 14% more than someone having a High School degree.
A Bachelor's Degree gets its holder an average salary of 32,600 KYD per year, 36% more than someone with a Certificate or Diploma.
Professionals who hold a Master's Degree are rewarded with an average salary of 41,100 KYD per year, 26% more than someone with Bachelor's Degree.
|Certificate or Diploma||+14%|
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 the thoery. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, 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 Program Coordinator employees in Cayman Islands earn 6% more than their female counterparts on average.
Program Coordinator(s) in Cayman Islands are likely to observe a salary increase of approximately 6% every 30 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 2020. 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.
A Program Coordinator is considered to be a low 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.
88% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 12% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 0% to 3% 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.
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 Program Coordinator is 21% more than that of Administration / Reception / Secretarial. Also, Administration / Reception / Secretarial salaries are 41% less than those of All Jobs.
|Job Title||Average Salary|
|Accreditation Specialist||43,100 KYD||+54%|
|Administrative Aide||15,700 KYD||-44%|
|Administrative Analyst||27,800 KYD||-1%|
|Administrative Assistant||19,900 KYD||-29%|
|Administrative Associate||19,800 KYD||-29%|
|Administrative Manager||31,300 KYD||+12%|
|Administrative Receptionist||18,100 KYD||-35%|
|Board Secretary||18,600 KYD||-34%|
|Central Office Operator||20,100 KYD||-28%|
|Commercial Administrator||29,100 KYD||+4%|
|Commissions Processor||24,600 KYD||-12%|
|Conveyancing Secretary||17,700 KYD||-37%|
|Document Controller||17,500 KYD||-38%|
|Document Management Specialist||25,600 KYD||-9%|
|Executive Assistant||21,100 KYD||-25%|
|Executive Personal Assistant||24,900 KYD||-11%|
|Executive Secretary||20,400 KYD||-27%|
|Front Desk Attendant||18,300 KYD||-35%|
|Front Desk Coordinator||23,600 KYD||-16%|
|Front Desk Manager||29,800 KYD||+6%|
|Group Services Manager||52,700 KYD||+88%|
|Head Receptionist||22,600 KYD||-19%|
|Key Account Assistant||21,700 KYD||-23%|
|Keyboard and Data Entry Operator||12,700 KYD||-55%|
|Leasing Administrator||24,300 KYD||-13%|
|Legal Secretary||20,700 KYD||-26%|
|Mailroom Manager||22,600 KYD||-19%|
|Management Support Secretary||18,900 KYD||-33%|
|Master Programme Coordinator||36,900 KYD||+32%|
|Medical Receptionist||21,300 KYD||-24%|
|Meeting and Event Assistant||21,600 KYD||-23%|
|Meeting and Event Manager||49,000 KYD||+75%|
|Night Manager||28,400 KYD||+1%|
|Office Administrator||29,200 KYD||+4%|
|Office Assistant||13,300 KYD||-53%|
|Office Manager||33,600 KYD||+20%|
|Office Services Coordinator||26,600 KYD||-5%|
|Operations Analyst||40,500 KYD||+44%|
|Operations Manager||49,400 KYD||+76%|
|Personal Assistant||20,500 KYD||-27%|
|Planning Assistant||22,700 KYD||-19%|
|Process Expert||30,500 KYD||+9%|
|Program Coordinator||28,100 KYD||+0%|
|Programme Assistant||23,300 KYD||-17%|
|Project Administrator||34,100 KYD||+22%|
|Project Coordinator||41,700 KYD||+49%|
|Reception Team Lead||24,900 KYD||-11%|
|Records Officer||15,600 KYD||-44%|
|Schedule Officer||12,800 KYD||-54%|
|School Secretary||18,900 KYD||-33%|
|Switchboard Operator||16,200 KYD||-42%|
|Technical Program Manager||43,300 KYD||+54%|
|Technical Project Manager||46,900 KYD||+67%|
|Wayleave Officer||13,900 KYD||-50%|
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.