Average Assistant General Manager Salary in Grenada for 2024

In this article, we will look at the average Assistant General 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 Assistant General Manager Make in Grenada?

An Assistant General Manager working in Grenada will typically earn around 89,800 XCD per year, and this can range from the lowest average salary of about 42,320 XCD to the highest average salary of 138,200 XCD.

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

Lowest Annual Salary
42,320 XCD
Lowest Monthly Salary
3,526 XCD

Highest Annual Salary
138,200 XCD
Highest Monthly Salary
11,516 XCD

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

Assistant General 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 Assistant General Manager Salaries in Grenada

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

Salary ranges

We already know that an Assistant General Manager can earn between 42,320 XCD and 138,200 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 Assistant General Manager in Grenada is 93,780 XCD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 93,780 XCD, and 50% of the population earn more than 93,780 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 Assistant General Manager salary in Grenada, 25% of the population are earning less than 60,020 XCD while 75% of the population earn more than 60,020 XCD.

75% of the population earn less than 125,100 XCD, and 25% of the population earn more than 125,100 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.

Assistant General 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 assistant general 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 Assistant General Manager in Grenada that has less than two years of experience can expect to earn somewhere in the region of 47,580 XCD.
  • 2 - 5 Years Experience. With two to five years of experience the average Assistant General Manager salary would increase to 65,800 XCD.
  • 5 - 10 Years Experience. From five to ten years of experience as an Assistant General Manager, the average salary would be 93,340 XCD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 115,260 XCD.
  • 15 - 20 Years Experience. An Assistant General Manager with 15 to 20 years of experience can earn an average of 119,900 XCD.
  • 20+ Years Experience. For an Assistant General Manager with more than 20 years, the expected average salary increases to 130,400 XCD.

Average Salary by Experience Chart

0-2 Years
47,580 XCD
2-5 Years +38%
65,800 XCD
5-10 Years +42%
93,340 XCD
10-15 Years +22%
115,260 XCD
15-20 Years +6%
119,900 XCD
20+ Years +9%
130,400 XCD

Assistant General 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 Assistant General 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.

  • High School. An Assistant General Manager in Grenada with a high school education can earn an average salary of 57,440 XCD.

  • Certificate or Diploma. An Assistant General Manager in Grenada with a certificate or diploma education can earn an average salary of 69,580 XCD.

  • Bachelor's Degree. An Assistant General Manager in Grenada with a bachelor's degree education can earn an average salary of 99,100 XCD.

  • Master's Degree. An Assistant General Manager in Grenada with a master's degree education can earn an average salary of 130,400 XCD.

Average Salary by Education Chart

High School
57,440 XCD
Certificate or Diploma +17%
69,580 XCD
Bachelor's Degree +45%
99,100 XCD
Master's Degree +31%
130,400 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.

Assistant General 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 assistant general manager will earn an average of 95,860 XCD, while a female assistant general manager will earn around 83,760 XCD.

This means that a male assistant general manager earns approximately 14% more than a female assistant general manager for performing the same job.

Average Salary by Gender Chart in Grenada

Male
95,860 XCD
Female -14%
83,760 XCD

Assistant General 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 Assistant General Manager in Grenada is around 9% every 27 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 = ( 9 ÷ 27 ) × 12  = 4%

What this means is that an Assistant General Manager in Grenada can expect to receive an average pay raise of around 4% 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%

Assistant General 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 Assistant General Manager is a moderate bonus based job, with 66% of employees reporting at least one bonus in the last 12 months.

34% 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 5% to 9%.

Received Bonus
66%
No Bonus
34%

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 Assistant General Manager

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

Job Title Category Salary
Account Coordinator Executive and Management 67,300 XCD
Account Director Executive and Management 82,920 XCD
Account Executive Executive and Management 85,460 XCD
Account Manager Executive and Management 77,620 XCD
Administration Manager Executive and Management 84,780 XCD
Administration Officer Executive and Management 45,200 XCD
Administration Supervisor Executive and Management 67,360 XCD
Administrative Clerk Executive and Management 34,980 XCD
Administrative Officer Executive and Management 33,120 XCD
Area Director Executive and Management 75,220 XCD
Area Manager Executive and Management 77,100 XCD
Asset Protection Associate Executive and Management 85,020 XCD
Assistant Director Executive and Management 83,020 XCD
Assistant Manager Executive and Management 91,660 XCD
Assistant Managing Director Executive and Management 101,900 XCD
Assistant Operations Manager Executive and Management 93,120 XCD
Assistant Project Manager Executive and Management 80,760 XCD
Assistant Section Head Executive and Management 72,700 XCD
Assistant to CEO Executive and Management 73,020 XCD
Assistant Vice President Executive and Management 93,660 XCD
Associate Account Director Executive and Management 80,840 XCD
Associate Director Executive and Management 88,600 XCD
Bid Manager Executive and Management 96,220 XCD
Branch Manager Executive and Management 97,640 XCD
Business Development Manager Executive and Management 102,240 XCD
Business Operations Associate Executive and Management 83,420 XCD
Business Operations Lead Executive and Management 83,060 XCD
Campaign Manager Executive and Management 97,640 XCD
Catering Coordinator Executive and Management 50,660 XCD
Catering Manager Executive and Management 81,960 XCD
CEO Executive and Management 164,200 XCD
Chairman of The Board Executive and Management 159,100 XCD
Chairman Office Manager Executive and Management 103,140 XCD
Chief Commercial Officer Executive and Management 115,620 XCD
Chief Corporate Officer Executive and Management 127,700 XCD
Chief Executive Officer Executive and Management 164,200 XCD
Chief Financial Officer Executive and Management 142,300 XCD
Chief Investment Officer Executive and Management 119,700 XCD
Chief of Staff Executive and Management 73,800 XCD
Chief Operating Officer Executive and Management 123,400 XCD
Chief Risk Officer Executive and Management 103,260 XCD
Client Account Manager Executive and Management 94,380 XCD
Client Accounts Officer Executive and Management 77,860 XCD
Client Services Manager Executive and Management 106,740 XCD
Commercial Director Executive and Management 104,140 XCD
Commercial Manager Executive and Management 96,220 XCD
Commercial Project Manager Executive and Management 89,280 XCD
Commodity Broker Executive and Management 69,540 XCD
COO Executive and Management 123,400 XCD
Corporate Affairs Executive Executive and Management 93,280 XCD
Corporate Compliance Director Executive and Management 105,880 XCD
Corporate Director Executive and Management 106,820 XCD
Corporate Officer Executive and Management 75,280 XCD
Corporate Partnerships Officer Executive and Management 73,800 XCD
Country Manager Executive and Management 125,700 XCD
Department Head Executive and Management 102,020 XCD
Department Manager Executive and Management 99,100 XCD
Department Supervisor Executive and Management 87,020 XCD
Deputy Director Executive and Management 111,240 XCD
Deputy Manager Executive and Management 117,100 XCD
Director Executive and Management 127,700 XCD
Director of Accreditation Executive and Management 102,720 XCD
Director of Catering Services Executive and Management 99,100 XCD
Director of Client Services Executive and Management 107,580 XCD
Director of Facilities Management Executive and Management 91,380 XCD
Director of Operations Executive and Management 102,720 XCD
Director of Process Simplification Executive and Management 86,800 XCD
Director of Product Management Executive and Management 103,840 XCD
Director of Project Management Executive and Management 106,820 XCD
Director of Revenue Management Executive and Management 97,300 XCD
Director of Training and Development Executive and Management 103,820 XCD
Distribution Manager Executive and Management 107,860 XCD
Division Manager Executive and Management 89,120 XCD
Duty Manager Executive and Management 88,600 XCD
Engagement Manager Executive and Management 111,240 XCD
Executive Director Executive and Management 154,700 XCD
Executive Manager Executive and Management 125,700 XCD
Franchise Manager Executive and Management 143,200 XCD
General Manager Executive and Management 119,700 XCD
Global Master Data Manager Executive and Management 112,620 XCD
Global Technical Lead Executive and Management 70,700 XCD
Head of Investment Executive and Management 101,980 XCD
Head of Middle Office Executive and Management 101,120 XCD
Head of Projects Executive and Management 105,980 XCD
Head of Strategy Executive and Management 127,700 XCD
Head of Supply Chain Executive and Management 103,200 XCD
Head of Sustainability Executive and Management 92,900 XCD
Housing Manager Executive and Management 84,800 XCD
HSE Manager Executive and Management 93,660 XCD
Key Account Manager Executive and Management 95,620 XCD
Knowledge Manager Executive and Management 103,200 XCD
Location Manager Executive and Management 101,860 XCD
Logistics Executive Executive and Management 80,800 XCD
Logistics Manager Executive and Management 82,920 XCD
Management Consultant Executive and Management 87,640 XCD
Management Executive Executive and Management 119,700 XCD
Manager Executive and Management 111,240 XCD
Managing Director Executive and Management 134,600 XCD
MIS Executive Executive and Management 112,280 XCD
Ocean Services Manager Executive and Management 116,180 XCD
Operational Manager Executive and Management 115,080 XCD
Operations Analyst Executive and Management 91,960 XCD
Operations Assistant Executive and Management 72,740 XCD
Operations Director Executive and Management 124,400 XCD
Operations Executive Executive and Management 119,900 XCD
Operations Manager Executive and Management 123,400 XCD
Operations Supervisor Executive and Management 102,240 XCD
Planning Director Executive and Management 117,520 XCD
PMO Manager Executive and Management 97,900 XCD
Policy Administration Executive Executive and Management 88,580 XCD
Private Sector Executive Executive and Management 93,660 XCD
Product Development Manager Executive and Management 112,620 XCD
Product Executive Executive and Management 89,460 XCD
Production Executive Executive and Management 110,340 XCD
Production Manager Executive and Management 105,080 XCD
Production Supervisor Executive and Management 93,220 XCD
Program Director Executive and Management 112,460 XCD
Program Manager Executive and Management 117,100 XCD
Programme Coordinator Executive and Management 79,280 XCD
Project Control Manager Executive and Management 115,520 XCD
Project Coordinator Executive and Management 68,060 XCD
Project Management Officer Executive and Management 75,980 XCD
Project Manager Executive and Management 78,120 XCD
Project Portfolio Manager Executive and Management 87,020 XCD
Quality Manager Executive and Management 83,640 XCD
R/D Director Executive and Management 96,160 XCD
Regional Director Executive and Management 143,200 XCD
Regional Manager Executive and Management 114,900 XCD
Relationship Manager Executive and Management 110,340 XCD
Retail District Manager Executive and Management 75,100 XCD
Revenue Manager Executive and Management 89,800 XCD
Risk and Capital Manager Executive and Management 119,320 XCD
Risk Officer Executive and Management 83,900 XCD
Safety Manager Executive and Management 77,120 XCD
Section Head Executive and Management 78,940 XCD
Service Manager Executive and Management 89,280 XCD
Shift Supervisor Executive and Management 69,240 XCD
Solutions Manager Executive and Management 75,500 XCD
Supervisor Executive and Management 66,840 XCD
Supply Chain Manager Executive and Management 116,780 XCD
Surveyor Executive and Management 73,820 XCD
Technical Director Executive and Management 101,900 XCD
Technical Manager Executive and Management 101,120 XCD
Territory Manager Executive and Management 106,360 XCD
Validation Manager Executive and Management 96,600 XCD
Vice President Executive and Management 130,400 XCD
Zone Manager Executive and Management 113,280 XCD

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