Average Academic Manager Salary in Grenada for 2024

In this article, we will look at the average Academic Manager salary for 2024 in Grenada and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Eastern Caribbean dollar. To keep things simple, we are using the XCD currency code instead of the currency symbol $.

How Much Does an Academic Manager Make in Grenada?

An Academic Manager working in Grenada will typically earn around 89,800 XCD per year, and this can range from the lowest average salary of about 46,040 XCD to the highest average salary of 134,600 XCD.

Average Annual Salary
89,800 XCD
Average Monthly Salary
7,483 XCD

Lowest Annual Salary
46,040 XCD
Lowest Monthly Salary
3,836 XCD

Highest Annual Salary
134,600 XCD
Highest Monthly Salary
11,216 XCD

These are average salaries for an Academic Manager in Grenada and include benefits such as housing and transport. It's also possible for an Academic Manager to earn more or less than the average salaries shown above.

Academic Manager salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Academic Manager Salaries in Grenada

So we've looked at the average salaries an Academic Manager will earn in Grenada. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Academic Manager can earn between 46,040 XCD and 134,600 XCD on average in Grenada. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for an Academic Manager in Grenada is 83,020 XCD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 83,020 XCD, and 50% of the population earn more than 83,020 XCD.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Academic Manager salary in Grenada, 25% of the population are earning less than 57,360 XCD while 75% of the population earn more than 57,360 XCD.

75% of the population earn less than 99,340 XCD, and 25% of the population earn more than 99,340 XCD.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Academic Manager Salary by Experience Level in Grenada

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average academic manager salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. An Academic Manager in Grenada that has less than two years of experience can expect to earn somewhere in the region of 55,020 XCD.
  • 2 - 5 Years Experience. With two to five years of experience the average Academic Manager salary would increase to 69,540 XCD.
  • 5 - 10 Years Experience. From five to ten years of experience as an Academic Manager, the average salary would be 93,660 XCD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 107,960 XCD.
  • 15 - 20 Years Experience. An Academic Manager with 15 to 20 years of experience can earn an average of 120,880 XCD.
  • 20+ Years Experience. For an Academic Manager with more than 20 years, the expected average salary increases to 125,700 XCD.

Average Salary by Experience Chart

0-2 Years
55,020 XCD
2-5 Years +26%
69,540 XCD
5-10 Years +32%
93,660 XCD
10-15 Years +18%
107,960 XCD
15-20 Years +11%
120,880 XCD
20+ Years +6%
125,700 XCD

Academic Manager Salary by Education Level in Grenada

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for an Academic Manager in Grenada based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. An Academic Manager in Grenada with a bachelor's degree education can earn an average salary of 65,080 XCD.

  • Master's Degree. An Academic Manager in Grenada with a master's degree education can earn an average salary of 89,280 XCD.

  • PhD. An Academic Manager in Grenada with a phd education can earn an average salary of 127,700 XCD.

Average Salary by Education Chart

Bachelor's Degree
65,080 XCD
Master's Degree +33%
89,280 XCD
PhD +42%
127,700 XCD

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Grenada is around 31,300 to 94,000 XCD and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Academic Manager Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Grenada, a male academic manager will earn an average of 93,120 XCD, while a female academic manager will earn around 85,460 XCD.

This means that a male academic manager earns approximately 9% more than a female academic manager for performing the same job.

Average Salary by Gender Chart in Grenada

Male
93,120 XCD
Female -9%
85,460 XCD

Academic Manager Average Pay Raise in Grenada

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for an Academic Manager in Grenada is around 7% every 29 months.

The national average pay raise across all professions and industries in Grenada is around 5% every 28 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 7 ÷ 29 ) × 12  = 3%

What this means is that an Academic Manager in Grenada can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Grenada for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Grenada.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

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

Academic Manager Bonus and Incentive Rates in Grenada

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

An Academic Manager is a low bonus based job, with 34% of employees reporting at least one bonus in the last 12 months.

66% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 4% to 5%.

Received Bonus
34%
No Bonus
66%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Grenada earn approximately 11% more than private sector employees in the same role.

Public Sector
78,500 XCD
Private Sector -11%
70,840 XCD

Salaries for Jobs Similar to an Academic Manager

In the table below, we have salary information for jobs that are similar to an Academic Manager in Grenada.

Job Title Category Salary
Academic Advisor Teaching / Education 72,740 XCD
Academic Assistant Teaching / Education 50,540 XCD
Academic Coach Teaching / Education 79,360 XCD
Academic Librarian Teaching / Education 54,500 XCD
Academic Specialist Teaching / Education 66,940 XCD
Academic Staff Teaching / Education 55,840 XCD
Accompanist Teaching / Education 64,640 XCD
Achievement Coach Teaching / Education 72,380 XCD
Admissions Specialist Teaching / Education 65,940 XCD
Agricultural Sciences Teacher Teaching / Education 61,460 XCD
Anthropology Teacher Teaching / Education 58,800 XCD
Arabic Language Teacher Teaching / Education 58,200 XCD
Archeology Teacher Teaching / Education 66,000 XCD
Architecture Teacher Teaching / Education 69,580 XCD
Archivist Teaching / Education 53,380 XCD
Art Teacher Teaching / Education 58,240 XCD
Assistant School Principal Teaching / Education 78,120 XCD
Assistant Teacher Teaching / Education 51,400 XCD
Biochemistry Professor Teaching / Education 103,900 XCD
Biology Teacher Teaching / Education 62,060 XCD
Bursary Scheme Manager Teaching / Education 66,180 XCD
Business Teacher Teaching / Education 64,200 XCD
Careers Advisor Teaching / Education 73,820 XCD
Careers Consultant Teaching / Education 77,400 XCD
Chemistry Teacher Teaching / Education 59,480 XCD
Child Care Coordinator Teaching / Education 58,520 XCD
Child Care Worker Teaching / Education 48,200 XCD
Childcare Worker Teaching / Education 48,640 XCD
Classroom Assistant Teaching / Education 50,980 XCD
Clinical School Psychologist Teaching / Education 84,740 XCD
College Aide Teaching / Education 74,380 XCD
College and Career Readiness Specialist Teaching / Education 78,940 XCD
College Dean Teaching / Education 146,200 XCD
College President Teaching / Education 134,600 XCD
Communications Teacher Teaching / Education 64,720 XCD
Community Education Officer Teaching / Education 51,400 XCD
Computer Science Teacher Teaching / Education 58,860 XCD
Computer Teacher Teaching / Education 59,940 XCD
Creative Writing Trainer Teaching / Education 69,540 XCD
Credit Counselor Teaching / Education 73,260 XCD
Cultural Studies Teacher Teaching / Education 57,440 XCD
Curriculum Coordinator Teaching / Education 66,680 XCD
Curriculum Developer Teaching / Education 80,180 XCD
Curriculum Specialist Teaching / Education 78,940 XCD
Dean of Faculty Teaching / Education 128,500 XCD
Demonstrator Teaching / Education 54,560 XCD
Deputy Controller of Examinations Teaching / Education 72,540 XCD
Director of Learning Technology Teaching / Education 82,160 XCD
Distance Learning Coordinator Teaching / Education 65,940 XCD
Economics Lecturer Teaching / Education 105,620 XCD
Economics Teacher Teaching / Education 59,660 XCD
Education Administrator Teaching / Education 67,900 XCD
Education Assistant Teaching / Education 53,320 XCD
Education Assistant Director Teaching / Education 79,500 XCD
Education Assistant Librarian Teaching / Education 41,480 XCD
Education Assistant Principal Teaching / Education 61,780 XCD
Education Assistant Professor Teaching / Education 83,100 XCD
Education Associate Teaching / Education 58,800 XCD
Education Consultant Teaching / Education 78,500 XCD
Education Consultant Teaching / Education 85,020 XCD
Education Coordinator Teaching / Education 61,780 XCD
Education Counselor Teaching / Education 69,240 XCD
Education Director Teaching / Education 111,920 XCD
Education Program Specialist Teaching / Education 77,120 XCD
Education Researcher Teaching / Education 86,420 XCD
Education Resource Specialist Teaching / Education 66,580 XCD
Education Services Facilitator Teaching / Education 66,120 XCD
Educational Psychologist Teaching / Education 91,380 XCD
EFL Teacher Teaching / Education 63,320 XCD
eLearning Trainer Teaching / Education 53,380 XCD
Elementary School Teacher Teaching / Education 49,700 XCD
Engineering Lecturer Teaching / Education 103,600 XCD
Engineering Teacher Teaching / Education 83,100 XCD
English Teacher Teaching / Education 56,460 XCD
ESL Teacher Teaching / Education 62,420 XCD
Faculty Assistant Teaching / Education 73,980 XCD
Foreign Language Teacher Teaching / Education 54,560 XCD
GED Teacher Teaching / Education 58,200 XCD
Geography Teacher Teaching / Education 58,520 XCD
Head of Mathematics Department Teaching / Education 78,500 XCD
Head of School Teaching / Education 99,340 XCD
High School Teacher Teaching / Education 64,180 XCD
History Teacher Teaching / Education 60,340 XCD
Infant Teacher Teaching / Education 45,600 XCD
Instructional Assistant Teaching / Education 66,940 XCD
Instructor Teaching / Education 65,760 XCD
Kindergarten Teacher Teaching / Education 49,700 XCD
Language Instructor For Expatriate Teaching / Education 46,880 XCD
Law Teacher Teaching / Education 84,780 XCD
Learning Designer Teaching / Education 73,980 XCD
Lecturer Teaching / Education 105,620 XCD
Librarian Teaching / Education 46,880 XCD
Library Assistant Teaching / Education 42,040 XCD
Library Director Teaching / Education 72,420 XCD
Library Specialist Teaching / Education 53,660 XCD
Library Technician Teaching / Education 47,180 XCD
Life Sciences Teacher Teaching / Education 55,580 XCD
Math Lecturer Teaching / Education 108,120 XCD
Math Teacher Teaching / Education 66,960 XCD
Mathematics Teacher Teaching / Education 64,200 XCD
Mentor Teaching / Education 65,760 XCD
Middle School Teacher Teaching / Education 64,640 XCD
Music Teacher Teaching / Education 55,580 XCD
Nursery Manager Teaching / Education 86,420 XCD
Nursery Worker Teaching / Education 34,120 XCD
Paraprofessional Teaching / Education 78,960 XCD
Physical Education Specialist Teaching / Education 65,800 XCD
Physical Education Teacher Teaching / Education 54,280 XCD
Physics Teacher Teaching / Education 58,440 XCD
Political Science Teacher Teaching / Education 65,800 XCD
Post Doctoral Researcher Teaching / Education 97,640 XCD
Preschool Education Administrator Teaching / Education 68,400 XCD
Preschool Teacher Teaching / Education 50,520 XCD
Primary School Teacher Teaching / Education 57,320 XCD
Principal Teaching / Education 85,880 XCD
Product Specialist Teaching / Education 67,360 XCD
Professor - Accounting Teaching / Education 105,980 XCD
Professor - Architecture Teaching / Education 104,620 XCD
Professor - Biology Teaching / Education 110,380 XCD
Professor - Business Administration Teaching / Education 106,160 XCD
Professor - Chemical Engineering Teaching / Education 115,080 XCD
Professor - Chemistry Teaching / Education 111,920 XCD
Professor - Civil Engineering Teaching / Education 102,240 XCD
Professor - Communication Teaching / Education 97,460 XCD
Professor - Computer Science Teaching / Education 101,980 XCD
Professor - Dentistry Teaching / Education 115,600 XCD
Professor - Drama Teaching / Education 106,500 XCD
Professor - Economics Teaching / Education 113,220 XCD
Professor - Education Teaching / Education 111,460 XCD
Professor - Electrical Engineering Teaching / Education 111,240 XCD
Professor - English Teaching / Education 101,840 XCD
Professor - Environmental Engineering Teaching / Education 104,140 XCD
Professor - Foreign Languages Teaching / Education 107,820 XCD
Professor - Geological Sciences Teaching / Education 108,300 XCD
Professor - History Teaching / Education 108,800 XCD
Professor - Industrial Engineering Teaching / Education 106,500 XCD
Professor - Law Teaching / Education 112,440 XCD
Professor - Legal Support Teaching / Education 98,120 XCD
Professor - Liberal Arts Teaching / Education 103,900 XCD
Professor - Marketing Teaching / Education 105,080 XCD
Professor - Mathematics Teaching / Education 123,400 XCD
Professor - Mechanical Engineering Teaching / Education 119,320 XCD
Professor - Medical Administration Teaching / Education 115,600 XCD
Professor - Medicine Teaching / Education 128,500 XCD
Professor - Music Teaching / Education 98,000 XCD
Professor - Nursing Teaching / Education 97,300 XCD
Professor - Pharmaceutical Sciences Teaching / Education 103,140 XCD
Professor - Philosophy Teaching / Education 113,220 XCD
Professor - Physical Therapy Teaching / Education 115,600 XCD
Professor - Physics Teaching / Education 117,860 XCD
Professor - Psychology Teaching / Education 106,780 XCD
Professor - Rehabilitation Teaching / Education 97,840 XCD
Professor - Social Work Teaching / Education 96,220 XCD
Professor - Sociology Teaching / Education 102,720 XCD
Professor - Special Education Teaching / Education 112,760 XCD
Psychology Teacher Teaching / Education 91,580 XCD
Public Management Assistant Professor Teaching / Education 88,020 XCD
School Counselor Teaching / Education 80,340 XCD
Science Educator Teaching / Education 61,180 XCD
Science Laboratory Assistant Teaching / Education 55,320 XCD
Science Teacher Teaching / Education 63,380 XCD
Secondary Mathematics Teacher Teaching / Education 60,340 XCD
Secondary School Teacher Teaching / Education 60,920 XCD
Special Education Teacher Teaching / Education 64,200 XCD
Special Needs Assistant Teaching / Education 53,860 XCD
Statistics Lecturer Teaching / Education 103,820 XCD
Student Accounts Coordinator Teaching / Education 57,080 XCD
Student Development Specialist Teaching / Education 72,380 XCD
Student Employment Specialist Teaching / Education 67,300 XCD
Student Services Teaching / Education 54,460 XCD
Student Services Coordinator Teaching / Education 53,860 XCD
Student Support Manager Teaching / Education 67,320 XCD
Substitute Teacher Teaching / Education 47,580 XCD
Teacher Teaching / Education 51,800 XCD
Teacher Aide Teaching / Education 47,180 XCD
Teacher Trainer Teaching / Education 75,220 XCD
Teaching Assistant Teaching / Education 48,740 XCD
TEFL Teacher Teaching / Education 58,280 XCD
Training and Development Specialist Teaching / Education 73,020 XCD
Training Coordinator Teaching / Education 58,440 XCD
Tutor Teaching / Education 57,320 XCD
University Teacher Teaching / Education 103,200 XCD
Vocational Education Teacher Teaching / Education 56,460 XCD

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