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

Average Salary in Cuba 2021

How much money does a person working in Cuba make?


Average Monthly Salary
21,900 CUP
( 263,000 CUP yearly)

LOW
5,550
CUP
AVERAGE
21,900
CUP
HIGH
97,900
CUP

A person working in Cuba typically earns around 21,900 CUP per month. Salaries range from 5,550 CUP (lowest average) to 97,900 CUP (highest average, actual maximum salary is higher).

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

Distribution of Salaries in Cuba

Median and salary distribution monthly Cuba
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/cuba/median-and-salary-distribution-monthly-cuba.jpg

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

  • Salary Range

    Salaries in Cuba range from 5,550 CUP per month (minimum salary) to 97,900 CUP per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 20,200 CUP per month, which means that half (50%) of the population are earning less than 20,200 CUP while the other half are earning more than 20,200 CUP. 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 11,600 CUP while 75% of them are earning more than 11,600 CUP. Also from the diagram, 75% of the population are earning less than 54,300 CUP while 25% are earning more than 54,300 CUP.


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 Cuba costs anywhere from 110,000 Cuban Peso(s) to 329,000 Cuban Peso(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.



Salary Comparison By Gender

Salary comparison by gender monthly Cuba
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/cuba/salary-comparison-by-gender-monthly-cuba.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 Cuba earn 9% more than their female counterparts on avergae across all sectors.

Male
22,700 CUP
Female-8%
20,800 CUP
Percentage increase and decrease are relative to the previous value

Average Annual Salary Increment Percentage in Cuba

How much are annual salary increments in Cuba? How often do employees get salary raises?

Cuba

Employees in Cuba are likely to observe a salary increase of approximately 4% every 29 months.

Annual Salary Increment Rate Cuba
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/cuba/annual-salary-increment-rate-cuba.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.

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 Cuba is 2%.

Annual Increment Rate By Industry 2020

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

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


Average Salary Increase Rate by Experience Level

Junoir Level
3% - 5%
Mid-Career
6% - 9%
Senior Level
10% - 15%
Top Management
15% - 20%

The difference in increment rates is somehow justified because employers put more effort to retain more experienced staff since they are harder to acquire than less experienced ones.

Worldwide Salary Raises: All Countries and All Jobs

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

Bonus and Incentive Rates in Cuba

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Cuba
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/cuba/annual-salary-bonus-rate-cuba.jpg

69% of surveyed staff in Cuba reported that they haven't received any bonuses or incentives in the previous year while 31% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 4% to 5% of their annual salary.

Received Bonus
31%
No Bonus
69%

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.


Bonus Rates Comparison by Career Field

Finance
High
Architecture
High
Sales
High
Business Development
High
Marketing / Advertising
High
Information Technology
Moderate
Healthcare
Moderate
Insurance
Moderate
Customer Service
Moderate
Human Resources
Moderate
Construction
Low
Transport
Low
Hospitality
Low

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.

Salaries for popular jobs

Job TitleAverage Salary
Accounting and Finance
Accountant15,500 CUP
Accounting Assistant11,600 CUP
Accounting Manager32,600 CUP
Bookkeeper10,500 CUP
Chartered Accountant18,900 CUP
Corporate Treasurer30,600 CUP
Financial Analyst26,600 CUP
Financial Manager44,400 CUP
Internal Auditor21,100 CUP

Administration / Reception / Secretarial
Administrative Assistant11,000 CUP
Office Manager18,500 CUP
Receptionist7,840 CUP
Secretary9,750 CUP

Advertising / Grapic Design / Events
Art Director20,600 CUP
Creative Director22,400 CUP
Graphic Designer13,900 CUP
Photographer12,400 CUP

Airlines / Aviation / Aerospace / Defense
Aerospace Engineer26,500 CUP
Air Traffic Controller24,100 CUP
Flight Attendant14,600 CUP
Pilot35,500 CUP

Architecture
Architect25,500 CUP
CAD Drafter11,000 CUP

Automotive
Mechanic8,490 CUP
Service Advisor14,300 CUP

Banking
Bank Branch Manager38,400 CUP
Teller7,960 CUP

Bilingual
Teacher16,800 CUP
Translator18,900 CUP

Business Planning
Business Analyst25,700 CUP
Business Development Manager35,600 CUP
Project Manager23,900 CUP

Care Giving and Child Care
Nanny9,100 CUP
Nursery Teacher8,200 CUP

Construction / Building / Installation
Civil Engineer20,400 CUP
Construction Project Manager37,300 CUP
Health and Safety Officer9,260 CUP

Customer Service and Call Center
Call Center Representative8,200 CUP
Customer Service Manager29,400 CUP
Customer Service Representative7,800 CUP

Engineering
Electrical Engineer21,000 CUP
Engineer20,400 CUP
Mechanical Engineer21,100 CUP

Executive and Management
Chief Executive Officer50,900 CUP
Chief Financial Officer46,200 CUP
General Manager38,100 CUP

Food / Hospitality / Tourism / Catering
Chef13,500 CUP
Executive Chef15,700 CUP
Hotel Manager40,000 CUP
Travel Agent14,100 CUP
Waiter / Waitress6,720 CUP

Health and Medical
Dentist49,900 CUP
Dietitian43,900 CUP
Laboratory Technician16,700 CUP
Nurse17,300 CUP

Human Resources
Human Resources Manager31,000 CUP
Human Resources Officer12,700 CUP

Information Technology
Computer Technician17,300 CUP
Database Administrator20,600 CUP
Developer / Programmer21,400 CUP
Information Technology Manager37,200 CUP
Network Engineer18,200 CUP

Law Enforcement / Security / Fire
Police Officer12,600 CUP

Legal
Attorney40,800 CUP
Legal Assistant11,600 CUP

Media / Broadcasting / Arts / Entertainment
Journalist24,200 CUP

Pharmaceutical and Biotechnology
Biomedical Engineer17,700 CUP
Pharmacist26,600 CUP

Sales Retail and Wholesale
Cashier8,490 CUP
Sales Manager38,100 CUP
Sales Representative13,700 CUP

Teaching / Education
Elementary School Teacher15,000 CUP
Secondary School Teacher17,900 CUP

Average Hourly Wage in Cuba


130 CUP per hour

The average hourly wage (pay per hour) in Cuba is 130 CUP. This means that the average person in Cuba earns approximately 130 CUP 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.

Salary Comparison By City

CityAverage Salary
Camaguey21,500 CUP
Havana24,800 CUP
Holguin20,400 CUP
Santiago de Cuba23,700 CUP

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 Cuba earn 11% more than their private sector counterparts on average across all sectors.

Private Sector
20,600 CUP
Public Sector+11%
22,800 CUP
Percentage increase and decrease are relative to the previous value

Browse Salaries

Salary Increase Letters

Best Paying Jobs
HomePrivacy PolicySalary Comparison

©Salary Explorer 2021