HOME COMPARE YOUR SALARY BROWSE SALARIES
Home
Browse Salaries
Compare Your Salary
Average Salaries
Best Paying Jobs
Salary Increase Letter
Career Articles

Science and Technical Services Average Salaries in Cayman Islands 2020

How much money does a person working in Science and Technical Services make in Cayman Islands?


Average Yearly Salary
52,700 KYD
( 4,390 KYD monthly)

LOW
18,800
KYD
AVERAGE
52,700
KYD
HIGH
86,800
KYD

A person working in Science and Technical Services in Cayman Islands typically earns around 52,700 KYD per year. Salaries range from 18,800 KYD (lowest average) to 86,800 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 Science and Technical Services 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
3D Lab Technologist37,400 KYD
Algorithm Developer49,200 KYD
Analytical Chemist71,200 KYD
Anthropologist54,900 KYD
Archeologist46,500 KYD
Assistant Breeder23,600 KYD
Astronomer86,000 KYD
Atmospheric and Space Scientist69,200 KYD
Behavior Analyst47,800 KYD
Behavior Intervention Specialist54,800 KYD
Biochemist79,600 KYD
Biofuels Processing Technician33,100 KYD
Biofuels Production Manager55,300 KYD
Biologist84,300 KYD
Biomedical Scientist86,400 KYD
Biophysicist80,800 KYD
Chemical Engineer38,900 KYD
Chemical Technologist36,200 KYD
Chemist74,600 KYD
Chief Technologist68,100 KYD
Climate Change Analyst53,100 KYD
Clinical Laboratory Scientist83,900 KYD
Computer Scientist63,200 KYD
Conservation Scientist67,300 KYD
Data Scientist64,400 KYD
DNA Analyst77,800 KYD
Ecologist59,600 KYD
Economic Development Specialist62,600 KYD
Flavourist27,200 KYD
Food Scientist54,200 KYD
Forensic Scientist64,100 KYD
Formulation Technologist32,000 KYD
Fraud Investigator39,400 KYD
Genomics Scientist84,300 KYD
Geographer45,200 KYD
Geographic Information Systems Technician27,200 KYD
Geological Data Technician26,400 KYD
Geological Technician33,100 KYD
Geologist68,500 KYD
Geomatics Scientist63,800 KYD
Geophysical Data Technician27,100 KYD
Geospatial Information Scientist and Technologist61,700 KYD
Hydrologist53,300 KYD
Industrial Ecologist57,000 KYD
Intelligence Analyst50,000 KYD
Knowledge Management Specialist39,200 KYD
Laboratory Manager58,700 KYD
Laboratory Researcher36,100 KYD
Laboratory Technician24,300 KYD
Life Sciences Analyst54,400 KYD
Life Scientist63,100 KYD
Marine Architect51,400 KYD
Marine Biologist55,500 KYD
Marine Superintendent33,800 KYD
Materials Analyst34,700 KYD
Materials Scientist62,600 KYD
Mathematician62,400 KYD
Medical Scientist86,200 KYD
Metallurgist55,500 KYD
Meteorologist57,900 KYD
Microbiologist88,500 KYD
Natural Language Processing Researcher50,900 KYD
Natural Resource Specialist48,200 KYD
Natural Sciences Manager79,100 KYD
Nuclear Engineer85,100 KYD
Physical Scientist65,400 KYD
Physicist81,200 KYD
Political Scientist63,800 KYD
Polygraph Examiner21,100 KYD
Polysomnographic Technologist37,600 KYD
Product Development Scientist66,000 KYD
Quantitative Research Analyst54,700 KYD
Quantitative Researcher56,900 KYD
Radiation Protection Specialist43,400 KYD
Refrigeration Technician19,200 KYD
Research Scientist57,900 KYD
Risk Safety Engineer36,900 KYD
Scientific Photographer36,400 KYD
Scientific Programmer48,600 KYD
Scientist59,100 KYD
Service Engineer34,700 KYD
Service Technician25,300 KYD
Social Science Research Assistant33,100 KYD
Social Scientist63,800 KYD
Sociologist57,800 KYD
Soil Scientist50,600 KYD
Statistical Analyst36,400 KYD
Statistical Assistant25,000 KYD
Statistician53,900 KYD
Survey Analyst34,700 KYD
Survey Researcher33,600 KYD
Surveying and Mapping Technician21,600 KYD
Team Leader50,400 KYD
Technical Manager53,900 KYD
Technical Officer23,900 KYD
Technical Service Director77,100 KYD
Technical Services Regulatory Affairs Specialist36,200 KYD
Technical Services Research and Development Manager81,900 KYD
Technical Services Research Coordinator42,200 KYD
Technician22,700 KYD
Water Ecologist66,100 KYD
Wildlife Biologist57,900 KYD

Science and Technical Services Jobs Salary Distribution in Cayman Islands

Median and salary distribution yearly Cayman Islands Science and Technical Services
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/cayman-islands/science-and-technical-services/median-and-salary-distribution-yearly-cayman-islands-science-and-technical-services.jpg

The median, the maximum, the minimum, and the range

  • Salary Range

    Science and Technical Services salaries in Cayman Islands range from 18,800 KYD per year (minimum average salary) to 86,800 KYD per year (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 54,800 KYD per year, which means that half (50%) of people working in Science and Technical Services are earning less than 54,800 KYD while the other half are earning more than 54,800 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 Science and Technical Services are earning less than 33,100 KYD while 75% of them are earning more than 33,100 KYD. Also from the diagram, 75% of people working in Science and Technical Services are earning less than 73,700 KYD while 25% are earning more than 73,700 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
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg

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
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg

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.

Science and Technical Services Salary Comparison By Gender

Salary comparison by gender yearly Cayman Islands Science and Technical Services
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/cayman-islands/science-and-technical-services/salary-comparison-by-gender-yearly-cayman-islands-science-and-technical-services.jpg

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 Science and Technical Services earn 12% more than their female counterparts on average.

Female
51,000 KYD
Male+12%
57,100 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
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/cayman-islands/salary-comparison-by-gender-yearly-cayman-islands.jpg

Science and Technical Services Average Annual Salary Increment Percentage in Cayman Islands

How much are annual salary increments in Cayman Islands for Science and Technical Services professionals? How often do employees get salary raises?

Science and Technical Services

Science and Technical Services professionals in Cayman Islands are likely to observe a salary increase of approximately 7% every 26 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Cayman Islands Science and Technical Services
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/cayman-islands/science-and-technical-services/annual-salary-increment-rate-cayman-islands-science-and-technical-services.jpg


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

Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-increment-world.jpg

Science and Technical Services Bonus and Incentive Rates in Cayman Islands

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Cayman Islands Science and Technical Services
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/cayman-islands/science-and-technical-services/annual-salary-bonus-rate-cayman-islands-science-and-technical-services.jpg

Science and Technical Services 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 Science and Technical Services 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.

Government vs Private Sector Salary Comparison

Public vs private sector salaries yearly Cayman Islands
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/cayman-islands/public-vs-private-sector-salaries-yearly-cayman-islands.jpg

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

Science and Technical Services Hourly Average Wage in Cayman Islands


25 KYD per hour

The average hourly wage (pay per hour) in Cayman Islands is 25 KYD. This means that the average person in Cayman Islands earns approximately 25 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.

Science and Technical Services VS Other Jobs

Salary Comparison Between Science and Technical Services and Science and Technical Services yearly Cayman Islands
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/cayman-islands/science-and-technical-services/salary-comparison-between-science-and-technical-services-and-science-and-technical-services-yearly-cayman-islands.jpg

The average salary for Science and Technical Services is 35% more than that of All Jobs.

0 - 0

Browse Salaries

Salary Increase Letters

Best Paying Jobs
HomePrivacy PolicySalary Comparison

©Salary Explorer 2020