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Average Salary in Grenada 2020

How much money does a person working in Grenada make?


Average Monthly Salary
6,320 XCD
( 75,800 XCD yearly)

LOWEST
860
XCD
AVERAGE
6,320
XCD
HIGHEST
28,000
XCD

A person working in Grenada typically earns around 6,320 XCD per month. Salaries range from 860 XCD (lowest) to 28,000 XCD (highest).

This is the average monthly salary including housing, transport, and other benefits. Salaries differ drasticly between different jobs. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Distribution of Salaries in Grenada

Median and salary distribution monthly Grenada

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

  • Salary Range

    Salaries in Grenada range between 860 XCD per month (minimum salary) to 28,000 XCD per month (maximum salary).

  • Median Salary

    The median salary is 6,320 XCD per month, which means that half (50%) of the population are earning less than 6,320 XCD while the other half are earning more than 6,320 XCD. 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 the population are earning less than 3,230 XCD while 75% of them are earning more than 3,230 XCD. Also from the diagram, 75% of the population are earning less than 17,100 XCD while 25% are earning more than 17,100 XCD.


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 plently of room for improvement. If your wage is in between the average and median, then things can be a bit confusing. We have written a guide to explain all the different senarios. How to compare your salary

Salary Trend and Forecast in Grenada

How are Grenada salaries changing over time? Listed below is a chart that shows the average salary over the past few years.

Salary trends and forecast monthly Grenada
Average Salary 2016
5,710 XCD
Average Salary 2017+4%
5,920 XCD
Average Salary 2018+3%
6,070 XCD
Average Salary 2019+1%
6,150 XCD
Percentage increase and decrease are relative to the previous value
Salaries in Grenada are on the rise in the year 2020 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2020 are 3% higher than those of 2019. The trend suggests a slow yet continous increase in pay in 2021 and future years. These numbers differ slightly from industry to another.

Salaries for popular jobs

Job TitleAverage Salary
Accounting and Finance
Accountant3,960 XCD
Accounting Assistant3,760 XCD
Accounting Manager8,160 XCD
Bookkeeper3,140 XCD
Chartered Accountant5,250 XCD
Corporate Treasurer11,000 XCD
Financial Analyst6,030 XCD
Financial Manager11,400 XCD
Internal Auditor6,310 XCD

Administration / Reception / Secretarial
Administrative Assistant3,050 XCD
Office Manager4,070 XCD
Receptionist4,470 XCD
Secretary3,320 XCD

Advertising / Grapic Design / Events
Art Director5,630 XCD
Creative Director5,860 XCD
Graphic Designer4,100 XCD
Photographer3,910 XCD

Airlines / Aviation / Aerospace / Defense
Aerospace Engineer6,410 XCD
Air Traffic Controller5,880 XCD
Flight Attendant5,180 XCD
Pilot7,340 XCD

Architecture
Architect5,650 XCD
CAD Drafter4,460 XCD

Automotive
Mechanic3,230 XCD
Service Advisor4,710 XCD

Banking
Bank Branch Manager8,630 XCD
Teller3,990 XCD

Bilingual
Teacher4,700 XCD
Translator5,250 XCD

Business Planning
Business Analyst7,240 XCD
Business Development Manager8,680 XCD
Project Manager6,660 XCD

Care Giving and Child Care
Nanny3,630 XCD
Nursery Teacher4,370 XCD

Construction / Building / Installation
Civil Engineer5,220 XCD
Construction Project Manager7,080 XCD
Health and Safety Officer3,790 XCD

Customer Service and Call Center
Call Center Representative4,050 XCD
Customer Service Manager7,530 XCD
Customer Service Representative4,380 XCD

Engineering
Electrical Engineer5,990 XCD
Engineer5,380 XCD
Mechanical Engineer5,770 XCD

Executive and Management
Chief Executive Officer13,800 XCD
Chief Financial Officer12,000 XCD
General Manager10,000 XCD

Food / Hospitality / Tourism / Catering
Chef4,830 XCD
Executive Chef5,050 XCD
Hotel Manager8,670 XCD
Travel Agent5,000 XCD
Waiter / Waitress3,640 XCD

Health and Medical
Dentist14,400 XCD
Dietitian13,500 XCD
Laboratory Technician4,440 XCD
Nurse4,910 XCD

Human Resources
Human Resources Manager8,550 XCD
Human Resources Officer4,780 XCD

Information Technology
Computer Technician4,410 XCD
Database Administrator5,740 XCD
Developer / Programmer5,190 XCD
Information Technology Manager8,950 XCD
Network Engineer5,280 XCD

Law Enforcement / Security / Fire
Police Officer4,700 XCD

Legal
Attorney8,350 XCD
Legal Assistant4,080 XCD

Media / Broadcasting / Arts / Entertainment
Journalist5,640 XCD

Pharmaceutical and Biotechnology
Biomedical Engineer5,110 XCD
Pharmacist7,070 XCD

Sales Retail and Wholesale
Cashier3,320 XCD
Sales Manager9,510 XCD
Sales Representative3,900 XCD

Teaching / Education
Elementary School Teacher4,050 XCD
Secondary School Teacher5,110 XCD

Average Hourly Wage in Grenada

36 XCD per hour

The average hourly wage (pay per hour) in Grenada is 36 XCD. This means that the average person in Grenada earns approximatly 36 XCD for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one working 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 annual vacation allowance. The figures mentioned above are good approximation and they are considered to the be the standard.

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