HOME BROWSE SALARIES BEST PAYING JOBS
Browse Salaries
Best Paying Jobs
Salary Increase Letters
Career Articles

Media Production Manager Average Salary in Bermuda 2021

How much money does a Media Production Manager make in Bermuda?


Average Monthly Salary
2,170 BMD
( 26,000 BMD yearly)

LOW
1,000
BMD
AVERAGE
2,170
BMD
HIGH
3,450
BMD

A person working as a Media Production Manager in Bermuda typically earns around 2,170 BMD per month. Salaries range from 1,000 BMD (lowest) to 3,450 BMD (highest).

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

Media Production Manager Salary Distribution in Bermuda

Median and salary distribution monthly Bermuda Media Production Manager
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/bermuda/advertising-grapic-design-events/media-production-manager/median-and-salary-distribution-monthly-bermuda-media-production-manager.jpg

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

  • Salary Range

    Media Production Manager salaries in Bermuda range from 1,000 BMD per month (minimum salary) to 3,450 BMD per month (maximum salary).

  • Median Salary

    The median salary is 2,340 BMD per month, which means that half (50%) of people working as Media Production Manager(s) are earning less than 2,340 BMD while the other half are earning more than 2,340 BMD. 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 Media Production Manager(s) are earning less than 1,500 BMD while 75% of them are earning more than 1,500 BMD. Also from the diagram, 75% of Media Production Manager(s) are earning less than 3,130 BMD while 25% are earning more than 3,130 BMD.


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

Media Production Manager Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Bermuda Media Production Manager
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/bermuda/advertising-grapic-design-events/media-production-manager/salary-comparison-by-years-of-experience-monthly-bermuda-media-production-manager.jpg

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 Production Manager salaries by experience level and this is what we found.

A Media Production Manager with less than two years of experience makes approximately 1,130 BMD per month.

While someone with an experience level between two and five years is expected to earn 1,510 BMD per month, 34% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 2,240 BMD per month, 48% 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 Production Manager(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 2,730 BMD per month, 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 2,970 BMD per month, 9% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 3,220 BMD per month, 8% more than people with fifteen to twenty years of experience.


Media Production Manager average salary change by experience in Bermuda

0 - 2 Years
1,130 BMD
2 - 5 Years+34%
1,510 BMD
5 - 10 Years+48%
2,240 BMD
10 - 15 Years+22%
2,730 BMD
15 - 20 Years+9%
2,970 BMD
20+ Years+8%
3,220 BMD
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg

Media Production Manager Salary Comparison By Education

How do education levels affect salaries?

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

Salary comparison by education level monthly Bermuda Media Production Manager
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/bermuda/advertising-grapic-design-events/media-production-manager/salary-comparison-by-education-level-monthly-bermuda-media-production-manager.jpg

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 Production Manager salaries by education level in order to make a comparison.

When the education level is High School, the average salary of a Media Production Manager is 1,390 BMD per month.

While someone with a Certificate or Diploma gets a salary of 1,640 BMD per month, 18% more than someone having a High School degree.

A Bachelor's Degree gets its holder an average salary of 2,370 BMD per month, 45% more than someone with a Certificate or Diploma.

Professionals who hold a Master's Degree are rewarded with an average salary of 3,110 BMD per month, 31% more than someone with Bachelor's Degree.


Media Production Manager average salary difference by education level in Bermuda

High School
1,390 BMD
Certificate or Diploma+18%
1,640 BMD
Bachelor's Degree+45%
2,370 BMD
Master's Degree+31%
3,110 BMD
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 Bermuda costs anywhere from 7,970 Bermudian Dollar(s) to 23,900 Bermudian 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
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg


Media Production Manager Salary Comparison By Gender

Salary comparison by gender monthly Bermuda Media Production Manager
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/bermuda/advertising-grapic-design-events/media-production-manager/salary-comparison-by-gender-monthly-bermuda-media-production-manager.jpg

Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Media Production Manager employees in Bermuda earn 19% more than their female counterparts on average.

Male
2,360 BMD
Female-16%
1,980 BMD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Bermuda for all Careers

Salary comparison by gender monthly Bermuda
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/bermuda/salary-comparison-by-gender-monthly-bermuda.jpg

Media Production Manager Average Annual Salary Increment Percentage in Bermuda

How much are annual salary increments in Bermuda for Media Production Manager(s)? How often do employees get salary raises?

Media Production Manager

Media Production Manager(s) in Bermuda 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 Bermuda Media Production Manager
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/bermuda/advertising-grapic-design-events/media-production-manager/annual-salary-increment-rate-bermuda-media-production-manager.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.

Bermuda / 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 Bermuda is 2%.

Annual Increment Rate By Industry 2020

Banking
6%
Energy
3%
Information Technology
9%
Healthcare
6%
Travel
3%
Construction
9%
Education
6%

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

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

Media Production Manager Bonus and Incentive Rates in Bermuda

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Bermuda Media Production Manager
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/bermuda/advertising-grapic-design-events/media-production-manager/annual-salary-bonus-rate-bermuda-media-production-manager.jpg

A Media Production Manager is considered to be a high 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.

33% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 67% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.

Received Bonus
67%
No Bonus
33%

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 Production Manager Average Hourly Wage in Bermuda


13 BMD per hour

The average hourly wage (pay per hour) in Bermuda is 13 BMD. This means that the average Media Production Manager in Bermuda earns approximately 13 BMD 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.

Media Production Manager VS Other Jobs

Salary Comparison Between Media Production Manager and Advertising / Grapic Design / Events monthly Bermuda
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/bermuda/advertising-grapic-design-events/media-production-manager/salary-comparison-between-media-production-manager-and-advertising-grapic-design-events-monthly-bermuda.jpg

The average salary for Media Production Manager is 44% more 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 Executive1,850 BMD-15%
Advertising Account Manager1,900 BMD-12%
Advertising Account Planner970 BMD-55%
Advertising Coordinator1,240 BMD-43%
Advertising Manager2,570 BMD+18%
Advertising Operations Manager2,560 BMD+18%
Advertising Strategic Planner1,770 BMD-18%
Advertising Team Leader1,600 BMD-26%
Animator1,210 BMD-44%
Art Director1,540 BMD-29%
Artist1,380 BMD-36%
Artworker1,020 BMD-53%
Assistant Art Director1,240 BMD-43%
Audiosual Technician910 BMD-58%
Broadcast Administrator1,670 BMD-23%
Catering Sales1,080 BMD-50%
Catering Trainer1,170 BMD-46%
Commercial and Industrial Designer1,000 BMD-54%
Conference Organiser1,200 BMD-45%
Content and Media Production Lead1,880 BMD-13%
CopyWriter1,100 BMD-49%
Creative Designer1,210 BMD-44%
Creative Director1,650 BMD-24%
Designer 960 BMD-56%
Desktop Publisher770 BMD-65%
Director of Graphic Design1,460 BMD-33%
Events and Promotions Manager2,560 BMD+18%
Exhibit Display Coordinator1,240 BMD-43%
Exhibit Display Manager1,690 BMD-22%
Finisher810 BMD-63%
Graphic Artist980 BMD-55%
Graphic Designer1,070 BMD-51%
Graphics Design Supervisor1,370 BMD-37%
Imagery Analyst950 BMD-56%
Imaging Technologist970 BMD-55%
Interaction Designer840 BMD-61%
Media Planner1,300 BMD-40%
Media Production Coordinator1,180 BMD-46%
Media Production Manager2,170 BMD-0%
Media Project Manager2,200 BMD+1%
Media Relations Representative1,850 BMD-15%
Media Sales Executive2,150 BMD-1%
Multimedia Specialist970 BMD-55%
Photographer900 BMD-59%
PPC Campaign Manager1,590 BMD-27%
Print Production Manager1,810 BMD-17%
Product and Brand Manager2,670 BMD+23%
Sales Promotion Manager2,570 BMD+18%
Sketch Artist1,150 BMD-47%
Social Media Executive1,980 BMD-9%
Technical Typist710 BMD-67%
User Experience UX Designer1,110 BMD-49%
UX Designer960 BMD-56%

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 Bermuda earn 14% more than their private sector counterparts on average across all sectors.

Private Sector
1,470 BMD
Public Sector+14%
1,670 BMD
Percentage increase and decrease are relative to the previous value

Browse Salaries

Salary Increase Letters

Best Paying Jobs
HomePrivacy PolicySalary Comparison

©Salary Explorer 2021