Average Associate Analyst Salary in Saint Kitts and Nevis for 2024

In this article, we will look at the average Associate Analyst salary for 2024 in Saint Kitts and Nevis 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 Associate Analyst Make in Saint Kitts and Nevis?

An Associate Analyst working in Saint Kitts and Nevis will typically earn around 39,160 XCD per year, and this can range from the lowest average salary of about 19,860 XCD to the highest average salary of 57,800 XCD.

Average Annual Salary
39,160 XCD
Average Monthly Salary
3,263 XCD

Lowest Annual Salary
19,860 XCD
Lowest Monthly Salary
1,655 XCD

Highest Annual Salary
57,800 XCD
Highest Monthly Salary
4,816 XCD

These are average salaries for an Associate Analyst in Saint Kitts and Nevis and include benefits such as housing and transport. It's also possible for an Associate Analyst to earn more or less than the average salaries shown above.

Associate Analyst 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 Associate Analyst Salaries in Saint Kitts and Nevis

So we've looked at the average salaries an Associate Analyst will earn in Saint Kitts and Nevis. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Associate Analyst can earn between 19,860 XCD and 57,800 XCD on average in Saint Kitts and Nevis. 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 Associate Analyst in Saint Kitts and Nevis is 37,620 XCD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 37,620 XCD, and 50% of the population earn more than 37,620 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 Associate Analyst salary in Saint Kitts and Nevis, 25% of the population are earning less than 25,680 XCD while 75% of the population earn more than 25,680 XCD.

75% of the population earn less than 46,400 XCD, and 25% of the population earn more than 46,400 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.

Associate Analyst Salary by Experience Level in Saint Kitts and Nevis

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 associate analyst 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 Associate Analyst in Saint Kitts and Nevis that has less than two years of experience can expect to earn somewhere in the region of 23,400 XCD.
  • 2 - 5 Years Experience. With two to five years of experience the average Associate Analyst salary would increase to 28,680 XCD.
  • 5 - 10 Years Experience. From five to ten years of experience as an Associate Analyst, the average salary would be 39,960 XCD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 48,820 XCD.
  • 15 - 20 Years Experience. An Associate Analyst with 15 to 20 years of experience can earn an average of 52,540 XCD.
  • 20+ Years Experience. For an Associate Analyst with more than 20 years, the expected average salary increases to 52,300 XCD.

Average Salary by Experience Chart

0-2 Years
23,400 XCD
2-5 Years +34%
28,680 XCD
5-10 Years +30%
39,960 XCD
10-15 Years +21%
48,820 XCD
15-20 Years +9%
52,540 XCD
20+ Years +5%
52,300 XCD

Associate Analyst Salary by Education Level in Saint Kitts and Nevis

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 Associate Analyst in Saint Kitts and Nevis 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 Associate Analyst in Saint Kitts and Nevis with a high school education can earn an average salary of 27,300 XCD.

  • Certificate or Diploma. An Associate Analyst in Saint Kitts and Nevis with a certificate or diploma education can earn an average salary of 36,700 XCD.

  • Bachelor's Degree. An Associate Analyst in Saint Kitts and Nevis with a bachelor's degree education can earn an average salary of 53,600 XCD.

Average Salary by Education Chart

High School
27,300 XCD
Certificate or Diploma +43%
36,700 XCD
Bachelor's Degree +38%
53,600 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 Saint Kitts and Nevis is around 16,900 to 50,700 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.

Associate Analyst 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 Saint Kitts and Nevis, a male associate analyst will earn an average of 41,980 XCD, while a female associate analyst will earn around 35,000 XCD.

This means that a male associate analyst earns approximately 20% more than a female associate analyst for performing the same job.

Average Salary by Gender Chart in Saint Kitts and Nevis

Male
41,980 XCD
Female -20%
35,000 XCD

Associate Analyst Average Pay Raise in Saint Kitts and Nevis

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 Associate Analyst in Saint Kitts and Nevis is around 8% every 28 months.

The national average pay raise across all professions and industries in Saint Kitts and Nevis is around 4% every 29 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 = ( 8 ÷ 28 ) × 12  = 3%

What this means is that an Associate Analyst in Saint Kitts and Nevis can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Saint Kitts and Nevis for 2024

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

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

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

Associate Analyst Bonus and Incentive Rates in Saint Kitts and Nevis

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 Associate Analyst is a low bonus based job, with 10% of employees reporting at least one bonus in the last 12 months.

90% 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 1% to 3%.

Received Bonus
10%
No Bonus
90%

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 Saint Kitts and Nevis earn approximately 23% more than private sector employees in the same role.

Public Sector
45,200 XCD
Private Sector -23%
36,720 XCD

Salaries for Jobs Similar to an Associate Analyst

In the table below, we have salary information for jobs that are similar to an Associate Analyst in Saint Kitts and Nevis.

Job Title Category Salary
Assistant Yard Manager Oil / Gas / Energy / Mining 35,340 XCD
Associate Landman Oil / Gas / Energy / Mining 14,140 XCD
Auxiliary Equipment Operator Oil / Gas / Energy / Mining 12,240 XCD
Biomass Plant Technician Oil / Gas / Energy / Mining 16,140 XCD
Biomass Power Plant Manager Oil / Gas / Energy / Mining 50,080 XCD
Chemical Plant Operator Oil / Gas / Energy / Mining 30,840 XCD
Chief Contract Compliance Engineer Oil / Gas / Energy / Mining 35,420 XCD
Completions Engineer Oil / Gas / Energy / Mining 34,960 XCD
Cost Controller Oil / Gas / Energy / Mining 25,680 XCD
Cost Engineer Oil / Gas / Energy / Mining 36,020 XCD
Crude Oil Marketing Representative Oil / Gas / Energy / Mining 38,680 XCD
Dispatcher Oil / Gas / Energy / Mining 13,100 XCD
Distribution Manager Oil / Gas / Energy / Mining 50,240 XCD
Dragline Operator Oil / Gas / Energy / Mining 15,700 XCD
Driller Offsider Oil / Gas / Energy / Mining 14,540 XCD
Dump Truck Driver Oil / Gas / Energy / Mining 11,880 XCD
Electric and Gas Operations Manager Oil / Gas / Energy / Mining 86,760 XCD
Energy Advisor Oil / Gas / Energy / Mining 52,820 XCD
Energy Analyst Oil / Gas / Energy / Mining 50,080 XCD
Energy Auditor Oil / Gas / Energy / Mining 43,260 XCD
Energy Dispatch Director Oil / Gas / Energy / Mining 61,760 XCD
Energy Technical Assistant Oil / Gas / Energy / Mining 21,980 XCD
Energy Technical Manager Oil / Gas / Energy / Mining 43,760 XCD
Energy Technical Support Manager Oil / Gas / Energy / Mining 44,720 XCD
Energy Technical Trainer Oil / Gas / Energy / Mining 29,160 XCD
Engineering Geologist Oil / Gas / Energy / Mining 61,580 XCD
Exploration Manager Oil / Gas / Energy / Mining 64,040 XCD
Field Safety Auditor Oil / Gas / Energy / Mining 38,620 XCD
Fluids Engineer Oil / Gas / Energy / Mining 35,520 XCD
Fuel Cell Engineer Oil / Gas / Energy / Mining 38,180 XCD
Fuel Cell Technician Oil / Gas / Energy / Mining 19,360 XCD
Fuels Handler Oil / Gas / Energy / Mining 18,260 XCD
Gas Compressor Operator Oil / Gas / Energy / Mining 17,540 XCD
Gas Distribution Plant Operator Oil / Gas / Energy / Mining 28,680 XCD
Gas Supply Manager Oil / Gas / Energy / Mining 53,660 XCD
Geologist Oil / Gas / Energy / Mining 60,600 XCD
Geophysicist Oil / Gas / Energy / Mining 66,840 XCD
Geothermal Production Manager Oil / Gas / Energy / Mining 64,040 XCD
Geothermal Technician Oil / Gas / Energy / Mining 23,700 XCD
HSE Engineer Oil / Gas / Energy / Mining 37,620 XCD
HSE Officer Oil / Gas / Energy / Mining 20,000 XCD
HSE Supervisor Oil / Gas / Energy / Mining 29,040 XCD
HSEQ Administrator Oil / Gas / Energy / Mining 25,720 XCD
Inspector Oil / Gas / Energy / Mining 32,420 XCD
Instructor Oil / Gas / Energy / Mining 31,400 XCD
Instrument Designer Oil / Gas / Energy / Mining 26,780 XCD
Lead Technical Field Advisor Oil / Gas / Energy / Mining 48,560 XCD
Logistics and Tool Coordinator Oil / Gas / Energy / Mining 32,020 XCD
Maintenance Engineer Oil / Gas / Energy / Mining 35,300 XCD
Maintenance Superintendent Oil / Gas / Energy / Mining 31,380 XCD
Material Controller Oil / Gas / Energy / Mining 23,080 XCD
Mine Engineer Oil / Gas / Energy / Mining 37,620 XCD
Mine Surveyor Oil / Gas / Energy / Mining 36,720 XCD
Mining Project Administrator Oil / Gas / Energy / Mining 31,960 XCD
Mining Project Assistant Oil / Gas / Energy / Mining 27,300 XCD
Mining Project Controls Consultant Oil / Gas / Energy / Mining 40,040 XCD
Mining Project Coordinator Oil / Gas / Energy / Mining 31,520 XCD
Mining Project Engineer Oil / Gas / Energy / Mining 34,240 XCD
Mining Project Manager Oil / Gas / Energy / Mining 45,000 XCD
Mining Site Manager Oil / Gas / Energy / Mining 48,200 XCD
Mining Team Leader Oil / Gas / Energy / Mining 38,060 XCD
NDT Technician Oil / Gas / Energy / Mining 23,400 XCD
Oil Service Unit Operator Oil / Gas / Energy / Mining 19,860 XCD
Oil Trader Oil / Gas / Energy / Mining 44,780 XCD
Oilwell Pumper Oil / Gas / Energy / Mining 12,000 XCD
Petroleum Engineer Oil / Gas / Energy / Mining 37,880 XCD
Petroleum Geologist Oil / Gas / Energy / Mining 66,820 XCD
Petroleum Pump System Operator Oil / Gas / Energy / Mining 19,380 XCD
Petroleum Technician Oil / Gas / Energy / Mining 19,940 XCD
Pipeline Technician Oil / Gas / Energy / Mining 11,880 XCD
Power Coordinator Oil / Gas / Energy / Mining 20,000 XCD
Power Plant Operations Manager Oil / Gas / Energy / Mining 68,900 XCD
Power Plant Operator Oil / Gas / Energy / Mining 28,720 XCD
Radio Operator Oil / Gas / Energy / Mining 14,540 XCD
Reliability Engineer Oil / Gas / Energy / Mining 35,000 XCD
Reservoir Engineer Oil / Gas / Energy / Mining 31,980 XCD
Risk Analyst Oil / Gas / Energy / Mining 41,560 XCD
Roughneck Oil / Gas / Energy / Mining 35,000 XCD
Scaffolder Oil / Gas / Energy / Mining 22,420 XCD
Shutdown Engineer Oil / Gas / Energy / Mining 30,840 XCD
Solar Energy Installation Manager Oil / Gas / Energy / Mining 55,940 XCD
Solar Energy Systems Engineer Oil / Gas / Energy / Mining 36,020 XCD
Solar Photovoltaic Installer Oil / Gas / Energy / Mining 24,820 XCD
Solar Thermal Technician Oil / Gas / Energy / Mining 20,460 XCD
Supply Operations Manager Oil / Gas / Energy / Mining 60,920 XCD
Sustainability Specialist Oil / Gas / Energy / Mining 54,700 XCD
System Development Advisor Oil / Gas / Energy / Mining 40,560 XCD
Tanker Truck Driver Oil / Gas / Energy / Mining 14,920 XCD
Utility Operator Oil / Gas / Energy / Mining 19,860 XCD
Wind Energy Project Manager Oil / Gas / Energy / Mining 50,240 XCD

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