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Media Planner Average Salary in Grenada 2023

How much money does a person working as Media Planner make in Grenada?


Average Monthly Salary
4,850 XCD
( 58,200 XCD yearly)

LOW
2,430
XCD
AVERAGE
4,850
XCD
HIGH
7,520
XCD

A person working as Media Planner in Grenada typically earns around 4,850 XCD per month. Salaries range from 2,430 XCD (lowest) to 7,520 XCD (highest).

This is the average monthly salary including housing, transport, and other benefits. Media Planner salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Media Planner Pay Scale and Salaries in Grenada

Median and salary distribution Grenada Media Planner monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
4,460 XCD or more
10% of people earn
3,950 to 4,460 XCD
20% of people earn
2,830 XCD or less
65% of people earn
2,830 to 3,950 XCD
Minimum Salary
2,430 XCD
Median
4,490 XCD
Maximum
7,520 XCD


Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

  • Salary Range, Minimum Wage, and Starting Salary

    Media Planner salaries in Grenada range from 2,430 XCD per month (starting salary) to 7,520 XCD per month (maximum salary). This is not the minimum wage as per the law, only the lowest reported number in the salary survey that had thousands of participants and professionals from all over the country.

  • Median Salary

    The median salary is 4,490 XCD per month, which means that half (50%) of people working as Media Planner(s) are earning less than 4,490 XCD while the other half are earning more than 4,490 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 and Salary Scale

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Media Planner(s) are earning less than 3,690 XCD while 75% of them are earning more than 3,690 XCD. Also from the diagram, 75% of Media Planner(s) are earning less than 5,120 XCD while 25% are earning more than 5,120 XCD.

  • Pay Scale Structure

    We grouped the most common and recurring salaries into brackets to give more insight into what salary to expect. This method is more accurate than just the average salary and gives more insights on how salaries are actually distributed. Around 65% of all reported figures are in the range 2,830 XCD to 3,950 XCD. Approximatly 20% fall under the 2,830 XCD cap. Ten percent of wages are from 3,950 XCD to 4,460 XCD. Only 5% of people grossed 4,460 XCD or more.

Media Planner Salary Comparison by Years of Experience

How does experience and age affect your pay?

Media Planner average salary change by experience in Grenada

0 - 2 Years
2,910 XCD
2 - 5 Years+32%
3,850 XCD
5 - 10 Years+34%
5,150 XCD
10 - 15 Years+19%
6,140 XCD
15 - 20 Years+8%
6,630 XCD
20+ Years+7%
7,110 XCD
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Grenada Media Planner
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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 Media Planner salaries by experience level and this is what we found.

Employees with less than two years of experience makes approximately 2,910 XCD per month.

While someone with an experience level between two and five years is expected to earn 3,850 XCD per month, 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 5,150 XCD per month, 34% more than someone with two to five years of experience.

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.

Additionally, Media Planner whose expertise span anywhere between ten and fifteen years get a salary equivalent to 6,140 XCD per month, 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 6,630 XCD per month, 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 7,110 XCD per month, 7% more than people with fifteen to twenty years of experience.


Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Media Planner Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Media Planner(s) who have the same experience but different education levels.

Media Planner average salary difference by education level in Grenada

High School
3,650 XCD
Certificate or Diploma+14%
4,160 XCD
Bachelor's Degree+36%
5,640 XCD
Master's Degree+26%
7,110 XCD
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Grenada Media Planner
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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 Media Planner salaries by education level in order to make a comparison.

When the education level is High School, the average salary is 3,650 XCD per month.

While someone with a Certificate or Diploma gets a salary of 4,160 XCD per month, 14% more than someone having a High School degree.

People with Bachelor's Degree have an average salary of 5,640 XCD per month, 36% more than someone with a Certificate or Diploma.

Professionals who hold a Master's Degree are rewarded with an average salary of 7,110 XCD per month, 26% more than someone with Bachelor's Degree.


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 Grenada costs anywhere from 31,300 East Caribbean Dollar(s) to 94,000 East Caribbean 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.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Salary and Compensation Comparison By Gender - Media Planner

Salary comparison by gender Grenada Media Planner monthly
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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 Media Planner employees in Grenada earn 6% less than their female counterparts on average.

Male
4,680 XCD
Female+6%
4,980 XCD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Grenada for all Careers

Salary comparison by gender monthly Grenada
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Media Planner Average Annual Salary Increment Percentage in Grenada

How much are annual salary increments in Grenada for Media Planner(s)? How often do employees get salary raises?

Media Planner

Media Planner(s) in Grenada are likely to observe a salary increase of approximately 7% every 28 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Grenada Media Planner
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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.

Grenada / All Professions

Annual Salary Increment Rate Grenada
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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 Grenada is 2%.

Annual Increment Rate By Industry 2022

Banking
5%
Energy
1%
Information Technology
6%
Healthcare
2%
Travel
7%
Construction
3%
Education
8%

Listed above are the average annual increase rates for each industry in Grenada for the year 2022. 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

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.

Media Planner Bonus and Incentive Rates in Grenada

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Grenada Media Planner
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"Media Planner" is considered to be a moderate bonus-based job. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

63% of surveyed staff 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.

Media Planner Salary Trend and Forecast in Grenada

How are Media Planner salaries changing over time? Listed below is a chart that shows the average salary in recent years.

Average Salary 2019
4,420 XCD
Average Salary 2020+3%
4,550 XCD
Average Salary 2021+2%
4,620 XCD
Average Salary 2022+3%
4,760 XCD
Percentage increase and decrease are relative to the previous value

Media Planner salaries in Grenada are on the rise in the year 2023 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2022 are 3% higher than those of 2021. The trend suggests a slow yet continuous increase in pay in 2024 and future years. These numbers may vary from industry to another.

Salary trends and forecast monthly Grenada Media Planner
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Media Planner Average Hourly Wage in Grenada


28 XCD per hour

The average hourly wage (pay per hour) in Grenada is 28 XCD. This means that the average Media Planner in Grenada earns approximately 28 XCD for every worked hour.


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

About The Hourly Pay Rate

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.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for 'Media Planner' in Grenada is 14 XCD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Media Planner VS Other Jobs

4,850 XCD
5,910 XCD
6,270 XCD
Average Salary
Media Planner
Average Salary
Advertising / Grapic Design / Events
Average Salary
All Jobs

The average salary for Media Planner is 18% less than that of Advertising / Grapic Design / Events. Also, Advertising / Grapic Design / Events salaries are 6% less than those of All Jobs.

Salary Comparison Between Media Planner and Advertising / Grapic Design / Events monthly Grenada
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Salary comparison with similar jobs

Job TitleAverage Salary
Advertising Account Executive6,420 XCD+32%
Advertising Account Manager7,380 XCD+52%
Advertising Account Planner3,620 XCD-25%
Advertising Coordinator4,860 XCD+0%
Advertising Manager9,670 XCD+99%
Advertising Operations Manager9,460 XCD+95%
Advertising Strategic Planner6,120 XCD+26%
Advertising Team Leader5,600 XCD+15%
Animator4,220 XCD-13%
Art Director5,710 XCD+18%
Artist5,050 XCD+4%
Artworker3,740 XCD-23%
Assistant Art Director4,900 XCD+1%
Audiosual Technician3,530 XCD-27%
Broadcast Administrator6,250 XCD+29%
Catering Sales3,780 XCD-22%
Catering Trainer4,330 XCD-11%
Commercial and Industrial Designer3,490 XCD-28%
Conference Organiser4,450 XCD-8%
Content and Media Production Lead7,150 XCD+47%
CopyWriter3,960 XCD-18%
Creative Designer4,350 XCD-10%
Creative Director5,730 XCD+18%
Designer 3,530 XCD-27%
Desktop Publisher2,930 XCD-40%
Director of Graphic Design5,390 XCD+11%
Events and Promotions Manager10,100 XCD+110%
Exhibit Display Coordinator4,690 XCD-3%
Exhibit Display Manager6,170 XCD+27%
Finisher3,180 XCD-34%
Graphic Artist3,800 XCD-22%
Graphic Designer3,760 XCD-22%
Graphics Design Supervisor5,380 XCD+11%
Imagery Analyst3,410 XCD-30%
Imaging Technologist3,360 XCD-31%
Interaction Designer2,910 XCD-40%
Media Planner4,850 XCD-0%
Media Production Coordinator4,610 XCD-5%
Media Production Manager8,180 XCD+69%
Media Project Manager8,330 XCD+72%
Media Relations Representative7,020 XCD+45%
Media Sales Executive7,460 XCD+54%
Multimedia Specialist3,360 XCD-31%
Photographer3,220 XCD-34%
PPC Campaign Manager5,890 XCD+21%
Print Production Manager6,250 XCD+29%
Product and Brand Manager9,810 XCD+100%
Sales Promotion Manager9,320 XCD+92%
Sketch Artist4,160 XCD-14%
Social Media Executive7,360 XCD+52%
Technical Typist2,800 XCD-42%
User Experience UX Designer4,000 XCD-18%
UX Designer3,640 XCD-25%

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 Grenada earn 7% more than their private sector counterparts on average across all sectors.

Private Sector
6,020 XCD
Public Sector+7%
6,450 XCD
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for Media Planner in Grenada?

A good and competitive compensation would range anywhere between 4,490 XCD and 5,120 XCD. This is a very rough estimate and your experience and education will play a very huge part into your final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salart after tax for every career.

Base / Basic Salary

The base salary for Media Planner in Grenada is ranges from 3,690 XCD to 5,120 XCD. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range in a grain of salt.


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


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