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Director of Graphic Design Average Salary in Bahamas 2021

How much money does a Director of Graphic Design make in Bahamas?


Average Yearly Salary
43,100 BSD
( 3,590 BSD monthly)

LOW
20,300
BSD
AVERAGE
43,100
BSD
HIGH
68,100
BSD

A person working as a Director of Graphic Design in Bahamas typically earns around 43,100 BSD per year. Salaries range from 20,300 BSD (lowest) to 68,100 BSD (highest).

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

Director of Graphic Design Salary Distribution in Bahamas

Median and salary distribution yearly Bahamas Director of Graphic Design
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The median, the maximum, the minimum, and the range

  • Salary Range

    Director of Graphic Design salaries in Bahamas range from 20,300 BSD per year (minimum salary) to 68,100 BSD per year (maximum salary).

  • Median Salary

    The median salary is 45,700 BSD per year, which means that half (50%) of people working as Director of Graphic Design(s) are earning less than 45,700 BSD while the other half are earning more than 45,700 BSD. 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 Director of Graphic Design(s) are earning less than 29,700 BSD while 75% of them are earning more than 29,700 BSD. Also from the diagram, 75% of Director of Graphic Design(s) are earning less than 60,300 BSD while 25% are earning more than 60,300 BSD.


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

Director of Graphic Design Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience yearly Bahamas Director of Graphic Design
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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 Director of Graphic Design salaries by experience level and this is what we found.

A Director of Graphic Design with less than two years of experience makes approximately 23,400 BSD per year.

While someone with an experience level between two and five years is expected to earn 32,200 BSD per year, 38% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 45,800 BSD per year, 42% 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, Director of Graphic Design(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 55,900 BSD per year, 22% 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 59,000 BSD per year, 6% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 64,300 BSD per year, 9% more than people with fifteen to twenty years of experience.


Director of Graphic Design average salary change by experience in Bahamas

0 - 2 Years
23,400 BSD
2 - 5 Years+38%
32,200 BSD
5 - 10 Years+42%
45,800 BSD
10 - 15 Years+22%
55,900 BSD
15 - 20 Years+6%
59,000 BSD
20+ Years+9%
64,300 BSD
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Director of Graphic Design Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Director of Graphic Design(s) who have the same experience but different education levels.

Salary comparison by education level yearly Bahamas Director of Graphic Design
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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 Director of Graphic Design salaries by education level in order to make a comparison.

When the education level is High School, the average salary of a Director of Graphic Design is 28,900 BSD per year.

While someone with a Certificate or Diploma gets a salary of 33,600 BSD per year, 17% more than someone having a High School degree.

A Bachelor's Degree gets its holder an average salary of 49,000 BSD per year, 45% more than someone with a Certificate or Diploma.

Professionals who hold a Master's Degree are rewarded with an average salary of 64,300 BSD per year, 31% more than someone with Bachelor's Degree.


Director of Graphic Design average salary difference by education level in Bahamas

High School
28,900 BSD
Certificate or Diploma+17%
33,600 BSD
Bachelor's Degree+45%
49,000 BSD
Master's Degree+31%
64,300 BSD
Percentage increase and decrease are relative to the previous value

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 Bahamas costs anywhere from 19,500 Bahamian Dollar(s) to 58,400 Bahamian 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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Director of Graphic Design Salary Comparison By Gender

Salary comparison by gender yearly Bahamas Director of Graphic Design
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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 Director of Graphic Design employees in Bahamas earn 14% more than their female counterparts on average.

Male
46,200 BSD
Female-12%
40,600 BSD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Bahamas for all Careers

Salary comparison by gender yearly Bahamas
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Director of Graphic Design Average Annual Salary Increment Percentage in Bahamas

How much are annual salary increments in Bahamas for Director of Graphic Design(s)? How often do employees get salary raises?

Director of Graphic Design

Director of Graphic Design(s) in Bahamas are likely to observe a salary increase of approximately 8% every 29 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Bahamas Director of Graphic Design
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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.

Bahamas / 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 Bahamas is 2%.

Annual Increment Rate By Industry 2020

Banking
7%
Energy
5%
Information Technology
3%
Healthcare
1%
Travel
8%
Construction
6%
Education
4%

Listed above are the average annual increase rates for each industry in Bahamas 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.


Worldwide Salary Raises: All Countries and All Jobs

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Director of Graphic Design Bonus and Incentive Rates in Bahamas

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Bahamas Director of Graphic Design
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A Director of Graphic Design is considered to be a moderate 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.

60% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 40% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 2% to 7% of their annual salary.

Received Bonus
40%
No Bonus
60%

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.

Director of Graphic Design Average Hourly Wage in Bahamas


21 BSD per hour

The average hourly wage (pay per hour) in Bahamas is 21 BSD. This means that the average Director of Graphic Design in Bahamas earns approximately 21 BSD 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.

Director of Graphic Design VS Other Jobs

Salary Comparison Between Director of Graphic Design and Advertising / Grapic Design / Events yearly Bahamas
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The average salary for Director of Graphic Design is 2% less than that of Advertising / Grapic Design / Events. Also, Advertising / Grapic Design / Events salaries are 6% less than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Advertising Account Executive55,100 BSD+28%
Advertising Account Manager56,100 BSD+30%
Advertising Account Planner30,400 BSD-29%
Advertising Coordinator36,600 BSD-15%
Advertising Manager75,000 BSD+74%
Advertising Operations Manager78,100 BSD+81%
Advertising Strategic Planner51,000 BSD+18%
Advertising Team Leader44,400 BSD+3%
Animator34,800 BSD-19%
Art Director48,600 BSD+13%
Artist38,400 BSD-11%
Artworker28,200 BSD-35%
Assistant Art Director38,900 BSD-10%
Audiosual Technician27,700 BSD-36%
Broadcast Administrator50,500 BSD+17%
Catering Sales31,100 BSD-28%
Catering Trainer36,800 BSD-15%
Commercial and Industrial Designer27,900 BSD-35%
Conference Organiser35,600 BSD-17%
Content and Media Production Lead56,100 BSD+30%
CopyWriter33,000 BSD-23%
Creative Designer37,700 BSD-13%
Creative Director49,100 BSD+14%
Designer 28,500 BSD-34%
Desktop Publisher24,100 BSD-44%
Director of Graphic Design43,100 BSD+0%
Events and Promotions Manager75,100 BSD+74%
Exhibit Display Coordinator36,100 BSD-16%
Exhibit Display Manager48,900 BSD+13%
Finisher24,700 BSD-43%
Graphic Artist29,800 BSD-31%
Graphic Designer30,700 BSD-29%
Graphics Design Supervisor43,000 BSD-0%
Imagery Analyst27,600 BSD-36%
Imaging Technologist28,000 BSD-35%
Interaction Designer23,500 BSD-45%
Media Planner40,800 BSD-5%
Media Production Coordinator35,800 BSD-17%
Media Production Manager65,400 BSD+52%
Media Project Manager66,000 BSD+53%
Media Relations Representative53,500 BSD+24%
Media Sales Executive64,000 BSD+49%
Multimedia Specialist28,000 BSD-35%
Photographer27,900 BSD-35%
PPC Campaign Manager50,000 BSD+16%
Print Production Manager50,600 BSD+17%
Product and Brand Manager73,900 BSD+71%
Sales Promotion Manager76,800 BSD+78%
Sketch Artist32,300 BSD-25%
Social Media Executive62,500 BSD+45%
Technical Typist20,900 BSD-51%
User Experience UX Designer34,600 BSD-20%
UX Designer29,100 BSD-32%

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 Bahamas earn 10% more than their private sector counterparts on average across all sectors.

Private Sector
45,300 BSD
Public Sector+10%
50,000 BSD
Percentage increase and decrease are relative to the previous value

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