Average Associate Marketing Manager Salary in Bahamas for 2024

In this article, we will look at the average Associate Marketing Manager salary for 2024 in Bahamas 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 Bahamian dollar. To keep things simple, we are using the BSD currency code instead of the currency symbol $.

How Much Does an Associate Marketing Manager Make in Bahamas?

An Associate Marketing Manager working in Bahamas will typically earn around 61,700 BSD per year, and this can range from the lowest average salary of about 29,600 BSD to the highest average salary of 97,600 BSD.

Average Annual Salary
61,700 BSD
Average Monthly Salary
5,141 BSD

Lowest Annual Salary
29,600 BSD
Lowest Monthly Salary
2,466 BSD

Highest Annual Salary
97,600 BSD
Highest Monthly Salary
8,133 BSD

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

Associate Marketing 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 Associate Marketing Manager Salaries in Bahamas

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

Salary ranges

We already know that an Associate Marketing Manager can earn between 29,600 BSD and 97,600 BSD on average in Bahamas. 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 Marketing Manager in Bahamas is 65,800 BSD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 65,800 BSD, and 50% of the population earn more than 65,800 BSD.

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 Marketing Manager salary in Bahamas, 25% of the population are earning less than 43,400 BSD while 75% of the population earn more than 43,400 BSD.

75% of the population earn less than 88,300 BSD, and 25% of the population earn more than 88,300 BSD.

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 Marketing Manager Salary by Experience Level in Bahamas

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 marketing 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 Associate Marketing Manager in Bahamas that has less than two years of experience can expect to earn somewhere in the region of 30,700 BSD.
  • 2 - 5 Years Experience. With two to five years of experience the average Associate Marketing Manager salary would increase to 45,100 BSD.
  • 5 - 10 Years Experience. From five to ten years of experience as an Associate Marketing Manager, the average salary would be 65,200 BSD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 79,600 BSD.
  • 15 - 20 Years Experience. An Associate Marketing Manager with 15 to 20 years of experience can earn an average of 85,400 BSD.
  • 20+ Years Experience. For an Associate Marketing Manager with more than 20 years, the expected average salary increases to 92,100 BSD.

Average Salary by Experience Chart

0-2 Years
30,700 BSD
2-5 Years +34%
45,100 BSD
5-10 Years +48%
65,200 BSD
10-15 Years +22%
79,600 BSD
15-20 Years +9%
85,400 BSD
20+ Years +8%
92,100 BSD

Associate Marketing Manager Salary by Education Level in Bahamas

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 Marketing Manager in Bahamas 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 Marketing Manager in Bahamas with a high school education can earn an average salary of 39,300 BSD.

  • Certificate or Diploma. An Associate Marketing Manager in Bahamas with a certificate or diploma education can earn an average salary of 48,200 BSD.

  • Bachelor's Degree. An Associate Marketing Manager in Bahamas with a bachelor's degree education can earn an average salary of 67,300 BSD.

  • Master's Degree. An Associate Marketing Manager in Bahamas with a master's degree education can earn an average salary of 87,800 BSD.

Average Salary by Education Chart

High School
39,300 BSD
Certificate or Diploma +18%
48,200 BSD
Bachelor's Degree +45%
67,300 BSD
Master's Degree +31%
87,800 BSD

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 Bahamas is around 19,500 to 58,400 BSD 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 Marketing 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 Bahamas, a male associate marketing manager will earn an average of 65,700 BSD, while a female associate marketing manager will earn around 57,200 BSD.

This means that a male associate marketing manager earns approximately 15% more than a female associate marketing manager for performing the same job.

Average Salary by Gender Chart in Bahamas

Male
65,700 BSD
Female -15%
57,200 BSD

Associate Marketing Manager Average Pay Raise in Bahamas

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 Marketing Manager in Bahamas is around 9% every 28 months.

The national average pay raise across all professions and industries in Bahamas 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 ÷ 28 ) × 12  = 4%

What this means is that an Associate Marketing Manager in Bahamas can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Bahamas for 2024

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

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

Banking
7%
Energy
5%
Information Technology
3%
Healthcare
1%
Travel
8%
Construction
6%
Education
4%

Associate Marketing Manager Bonus and Incentive Rates in Bahamas

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 Marketing Manager is a moderate bonus based job, with 67% of employees reporting at least one bonus in the last 12 months.

33% 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
67%
No Bonus
33%

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

Public Sector
51,500 BSD
Private Sector -11%
46,300 BSD

Salaries for Jobs Similar to an Associate Marketing Manager

In the table below, we have salary information for jobs that are similar to an Associate Marketing Manager in Bahamas.

Job Title Category Salary
Account Handler Marketing 40,200 BSD
Affiliate Manager Marketing 48,300 BSD
Analytics Specialist Marketing 37,900 BSD
Assistant Brand Manager Marketing 54,600 BSD
Assistant Product Manager Marketing 58,500 BSD
Associate Product Manager Marketing 59,800 BSD
Brand Ambassador Marketing 69,200 BSD
Brand Director Marketing 92,100 BSD
Brand Executive Marketing 80,500 BSD
Brand Manager Marketing 78,500 BSD
Business Analytics Specialist Marketing 39,400 BSD
Business Channel Manager Marketing 55,600 BSD
Business Intelligence Team Leader Marketing 52,800 BSD
Campaign Specialist Marketing 50,800 BSD
Chief Marketing Officer Marketing 91,000 BSD
Chief Product Officer Marketing 73,300 BSD
Communications Officer Marketing 26,900 BSD
Content Manager Marketing 44,500 BSD
Content Marketing Strategist Marketing 50,500 BSD
Copy Editer Marketing 31,700 BSD
Copy Writer Marketing 30,000 BSD
Creative Marketing Lead Marketing 51,800 BSD
Creative Writer Marketing 32,600 BSD
Digital Marketer Marketing 49,700 BSD
Digital Marketing Manager Marketing 63,900 BSD
Digital Marketing Strategist Marketing 62,100 BSD
Digital Media Specialist Marketing 53,500 BSD
Director of Marketing Marketing 86,800 BSD
Director of Research Marketing 65,500 BSD
eMarketing Manager Marketing 69,400 BSD
Event Marketing Marketing 63,100 BSD
Head of Executive Search Marketing 75,000 BSD
Key Affiliate Manager Marketing 61,400 BSD
Localization Manager Marketing 58,500 BSD
Market Development Executive Marketing 69,700 BSD
Market Development Manager Marketing 67,900 BSD
Market Research Analyst Marketing 54,600 BSD
Market Research Manager Marketing 61,600 BSD
Market Segmentation Director Marketing 61,700 BSD
Marketing Account Supervisor Marketing 53,300 BSD
Marketing Administrator Marketing 39,500 BSD
Marketing Advisor Marketing 47,400 BSD
Marketing Analyst Marketing 53,300 BSD
Marketing and Communications Officer Marketing 31,200 BSD
Marketing and Sales Head Marketing 84,800 BSD
Marketing Assistant Marketing 30,800 BSD
Marketing Associate Marketing 26,500 BSD
Marketing Communications Manager Marketing 55,700 BSD
Marketing Consultant Marketing 66,900 BSD
Marketing Coordinator Marketing 27,200 BSD
Marketing Director Marketing 84,800 BSD
Marketing Distribution Executive Marketing 63,200 BSD
Marketing Executive Marketing 71,600 BSD
Marketing Manager Marketing 83,800 BSD
Marketing Officer Marketing 29,200 BSD
Marketing Segment Manager Marketing 58,700 BSD
Marketing Specialist Marketing 41,900 BSD
Marketing Supervisor Marketing 49,800 BSD
Marketing Vice President Marketing 69,700 BSD
Marketing Writer Marketing 31,700 BSD
Online Marketing Analyst Marketing 47,400 BSD
Online Marketing Manager Marketing 58,800 BSD
Optimization Manager Marketing 51,900 BSD
Outbound Sales Marketing 39,100 BSD
Outreach Coordinator Marketing 35,300 BSD
Outreach Specialist Marketing 44,500 BSD
Product Development Marketing 58,800 BSD
Product Manager Marketing 70,000 BSD
Product Marketing Engineer Marketing 35,500 BSD
Product Marketing Executive Marketing 61,700 BSD
Product Marketing Manager Marketing 64,200 BSD
Product Researcher Marketing 33,800 BSD
Product Strategist Marketing 53,300 BSD
Product Strategy Researcher Marketing 44,500 BSD
Product Training Specialist Marketing 39,000 BSD
Project Manager Marketing 49,300 BSD
Publications Coordinator Marketing 31,200 BSD
Research Executive Marketing 60,500 BSD
Sales and Marketing Assistant Marketing 28,800 BSD
Sales and Marketing Coordinator Marketing 30,800 BSD
Sales and Marketing Director Marketing 83,000 BSD
Sales Director Marketing 81,900 BSD
Sales Management Support Marketing 27,400 BSD
Sales Manager Marketing 83,000 BSD
Search Marketing Strategist Marketing 72,700 BSD
Social Media Administrator Marketing 46,700 BSD
Social Media Specialist Marketing 44,500 BSD
Spaceman Analyst Marketing 23,600 BSD
Sponsorship Consultant Marketing 46,200 BSD
Team Leader Marketing 49,800 BSD
Telemarketer Marketing 22,800 BSD
Trade Marketing Executive Marketing 64,900 BSD
Trade Marketing Manager Marketing 67,300 BSD
Trade Marketing Professional Marketing 53,500 BSD
Trade Marketing Specialist Marketing 36,900 BSD
Web Analytics Manager Marketing 54,100 BSD
Web Content Manager Marketing 56,100 BSD

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