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Engineering Average Salaries in Cayman Islands 2022

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


Average Yearly Salary
32,800 KYD
( 2,740 KYD monthly)

LOW
10,400
KYD
AVERAGE
32,800
KYD
HIGH
69,500
KYD

A person working in Engineering in Cayman Islands typically earns around 32,800 KYD per year. Salaries range from 10,400 KYD (lowest average) to 69,500 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 Engineering 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
Acoustics Engineer33,400 KYD
Assembly Engineering Technician25,800 KYD
Assistant Chief Engineer39,000 KYD
Associate Engineer30,700 KYD
Autocad Operator21,000 KYD
Automation Engineer35,000 KYD
Avionic System Support Engineer32,400 KYD
Biochemical Engineer31,800 KYD
BMS Engineer32,500 KYD
Bridge and Lock Tender18,100 KYD
Broadcast Engineer34,300 KYD
CAD Design Engineer33,900 KYD
CAD Designer21,400 KYD
CAE Engineer32,200 KYD
Ceramics Engineer30,000 KYD
Civil Engineer35,300 KYD
Commissioning Engineer32,600 KYD
Communications Engineer35,500 KYD
Condition Monitoring Engineer30,100 KYD
Contract Associate Engineer32,400 KYD
Control Systems Engineer34,900 KYD
Controls Engineer34,300 KYD
Controls Software Engineer29,500 KYD
Corrosion Engineer30,600 KYD
Design Engineer36,400 KYD
Drafter20,600 KYD
Drafting Manager39,400 KYD
Drilling Engineer32,600 KYD
Electrical Draughtsman16,700 KYD
Electrical Engineer38,400 KYD
Electrical Engineering Manager47,200 KYD
Electromechanical Engineering Technologist35,300 KYD
Electromechanical Equipment Assembler17,900 KYD
Energy Engineer37,300 KYD
Engine Assembler15,600 KYD
Engineer36,200 KYD
Engineering Account Manager40,700 KYD
Engineering Chief Designer39,600 KYD
Engineering Consultant46,300 KYD
Engineering Key Account Manager51,200 KYD
Engineering Lab Technician33,700 KYD
Engineering Planning Manager46,800 KYD
Engineering Production Manager63,200 KYD
Engineering Project Analyst38,300 KYD
Engineering Project Coordinator 40,500 KYD
Engineering Project Director69,500 KYD
Engineering Project Manager47,100 KYD
Engineering Research and Development Manager56,100 KYD
Engineering Safety Coordinator26,100 KYD
Engineering Sales Manager45,000 KYD
Engineering Technician26,100 KYD
Engineering Technologist27,700 KYD
Environmental Engineer34,900 KYD
Equipment Engineer30,600 KYD
Equipment Engineering Manager46,100 KYD
Estimator28,300 KYD
Fabrication Specialist25,300 KYD
Fabricator15,300 KYD
Facade Engineer33,300 KYD
Fiber Analyst20,100 KYD
Field Engineer34,200 KYD
Field Engineering Manager57,900 KYD
Fire Engineer33,100 KYD
Fitter and Turner11,000 KYD
Forestry Strategic Planner40,700 KYD
Generation Engineer34,700 KYD
Genetic Engineer37,600 KYD
Geological Engineer35,300 KYD
Geotechnical Engineer37,900 KYD
Heavy Equipment Mechanic18,600 KYD
Highway Engineer33,500 KYD
HSE Professional31,200 KYD
HVAC Engineer37,200 KYD
HVAC Supervisor30,600 KYD
Industrial Engineer31,700 KYD
Industrial Engineering Technologist31,700 KYD
Instrument Engineer32,500 KYD
Instrumentation and Control Engineer32,500 KYD
Instrumentation Engineer33,900 KYD
Instrumentation Manager35,200 KYD
Irrigation Engineer33,300 KYD
Licensed Aircraft Engineer38,200 KYD
Locomotive Engineer31,700 KYD
Maintenance Engineer33,400 KYD
Maintenance Fitter11,700 KYD
Maintenance Manager34,200 KYD
Manufacturing Engineer32,300 KYD
Marine Engineer35,100 KYD
Materials Engineer32,200 KYD
Materials Researcher33,100 KYD
Materials Technician23,900 KYD
Mechanical and Electrical Engineer36,800 KYD
Mechanical Design Engineer35,000 KYD
Mechanical Designer29,500 KYD
Mechanical Engineer36,500 KYD
Mechanical Engineering Manager50,000 KYD
Mechanical Inspector32,300 KYD
Mechatronics Engineer37,200 KYD
Mining Engineer32,800 KYD
Oil and Petrochemical Engineer38,100 KYD
Optical Engineer32,600 KYD
Optical Instrument Assembler17,700 KYD
PCB Assembler11,900 KYD
Photonics Engineer39,100 KYD
Photonics Technician30,100 KYD
Pipeline Engineer31,300 KYD
Piping Designer19,300 KYD
Piping Engineer30,600 KYD
Planning Engineer34,000 KYD
Pressure Vessel Inspector15,900 KYD
Principal Cost Engineer36,100 KYD
Principal Engineer33,300 KYD
Principal Support Engineer34,700 KYD
Process Engineer32,500 KYD
Process Operator19,400 KYD
Product Development Engineer35,600 KYD
Product Development Technician25,900 KYD
Product Engineer37,000 KYD
Product Safety Engineer32,400 KYD
Production Engineer33,500 KYD
Project Engineer35,400 KYD
Proposal Manager46,100 KYD
Purchasing Engineer30,300 KYD
Quality Assurance Engineer34,500 KYD
Rail Engineer33,100 KYD
Robotics Engineer40,400 KYD
Robotics Technician27,500 KYD
Safety Engineer34,200 KYD
Safety Inspector26,100 KYD
Safety Manager40,500 KYD
Safety Officer17,200 KYD
Sales Engineer35,700 KYD
Scheduling Engineer31,300 KYD
Service Engineer37,300 KYD
Solar Engineer35,500 KYD
Staff Engineer32,500 KYD
Static Equipment Engineer32,600 KYD
Stationary Engineer30,300 KYD
Stress Engineer32,500 KYD
Structural Analysis Engineer32,200 KYD
Structural Designer30,700 KYD
Structural Engineer33,600 KYD
Structural Technician22,900 KYD
Supply Chain Specialist32,200 KYD
Surveyor25,800 KYD
Technical Affairs Officer17,400 KYD
Technical Assistant17,700 KYD
Technical Engineer28,900 KYD
Technical Support Engineer30,100 KYD
Tender Engineer30,100 KYD
Test Development Engineer32,900 KYD
Transportation Engineer33,700 KYD
Validation Engineer31,300 KYD
Verification Engineer32,400 KYD
Wastewater Engineer32,900 KYD
Wind Energy Engineer33,300 KYD
Wind Energy Operations Manager45,400 KYD
Work Planner24,500 KYD

Engineering Jobs Salary Distribution in Cayman Islands

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

  • Salary Range

    Engineering salaries in Cayman Islands range from 10,400 KYD per year (minimum average salary) to 69,500 KYD per year (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 34,100 KYD per year, which means that half (50%) of people working in Engineering are earning less than 34,100 KYD while the other half are earning more than 34,100 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.

  • 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 Engineering are earning less than 20,100 KYD while 75% of them are earning more than 20,100 KYD. Also from the diagram, 75% of people working in Engineering are earning less than 53,900 KYD while 25% are earning more than 53,900 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.

Engineering Salary Comparison By Gender

Salary comparison by gender yearly Cayman Islands Engineering
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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 Engineering earn 9% more than their female counterparts on average.

Male
34,700 KYD
Female-8%
31,900 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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Engineering Average Annual Salary Increment Percentage in Cayman Islands

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

Engineering

Engineering 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 Engineering
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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 2021

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 2021. 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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Engineering Bonus and Incentive Rates in Cayman Islands

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

63% of surveyed staff in Engineering reported that they haven't received any bonuses or incentives in the previous year while 37% 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
37%
No Bonus
63%

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.

Engineering Hourly Average Wage in Cayman Islands


16 KYD per hour

The average hourly wage (pay per hour) in Cayman Islands is 16 KYD. This means that the average person in Cayman Islands earns approximately 16 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.

Engineering VS Other Jobs

Salary Comparison Between Engineering and Engineering yearly Cayman Islands
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The average salary for Engineering is 16% less than that of All Jobs.

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 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

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