Average Associate Product Manager Salary in Trinidad and Tobago for 2024

In this article, we will look at the average Associate Product Manager salary for 2024 in Trinidad and Tobago 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 Trinidad and Tobago dollar. To keep things simple, we are using the TTD currency code instead of the currency symbol $.

How Much Does an Associate Product Manager Make in Trinidad and Tobago?

An Associate Product Manager working in Trinidad and Tobago will typically earn around 150,000 TTD per year, and this can range from the lowest average salary of about 76,280 TTD to the highest average salary of 228,500 TTD.

Average Annual Salary
150,000 TTD
Average Monthly Salary
12,500 TTD

Lowest Annual Salary
76,280 TTD
Lowest Monthly Salary
6,356 TTD

Highest Annual Salary
228,500 TTD
Highest Monthly Salary
19,041 TTD

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

Associate Product 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 Product Manager Salaries in Trinidad and Tobago

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

Salary ranges

We already know that an Associate Product Manager can earn between 76,280 TTD and 228,500 TTD on average in Trinidad and Tobago. 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 Product Manager in Trinidad and Tobago is 143,200 TTD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 143,200 TTD, and 50% of the population earn more than 143,200 TTD.

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 Product Manager salary in Trinidad and Tobago, 25% of the population are earning less than 97,300 TTD while 75% of the population earn more than 97,300 TTD.

75% of the population earn less than 175,900 TTD, and 25% of the population earn more than 175,900 TTD.

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 Product Manager Salary by Experience Level in Trinidad and Tobago

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 product 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 Product Manager in Trinidad and Tobago that has less than two years of experience can expect to earn somewhere in the region of 88,620 TTD.
  • 2 - 5 Years Experience. With two to five years of experience the average Associate Product Manager salary would increase to 119,320 TTD.
  • 5 - 10 Years Experience. From five to ten years of experience as an Associate Product Manager, the average salary would be 152,300 TTD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 185,100 TTD.
  • 15 - 20 Years Experience. An Associate Product Manager with 15 to 20 years of experience can earn an average of 204,700 TTD.
  • 20+ Years Experience. For an Associate Product Manager with more than 20 years, the expected average salary increases to 212,500 TTD.

Average Salary by Experience Chart

0-2 Years
88,620 TTD
2-5 Years +34%
119,320 TTD
5-10 Years +30%
152,300 TTD
10-15 Years +21%
185,100 TTD
15-20 Years +9%
204,700 TTD
20+ Years +5%
212,500 TTD

Associate Product Manager Salary by Education Level in Trinidad and Tobago

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 Product Manager in Trinidad and Tobago 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 Product Manager in Trinidad and Tobago with a high school education can earn an average salary of 104,920 TTD.

  • Certificate or Diploma. An Associate Product Manager in Trinidad and Tobago with a certificate or diploma education can earn an average salary of 119,900 TTD.

  • Bachelor's Degree. An Associate Product Manager in Trinidad and Tobago with a bachelor's degree education can earn an average salary of 172,200 TTD.

  • Master's Degree. An Associate Product Manager in Trinidad and Tobago with a master's degree education can earn an average salary of 207,800 TTD.

Average Salary by Education Chart

High School
104,920 TTD
Certificate or Diploma +14%
119,900 TTD
Bachelor's Degree +41%
172,200 TTD
Master's Degree +21%
207,800 TTD

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 Trinidad and Tobago is around 48,800 to 147,000 TTD 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 Product 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 Trinidad and Tobago, a male associate product manager will earn an average of 152,300 TTD, while a female associate product manager will earn around 142,300 TTD.

This means that a male associate product manager earns approximately 7% more than a female associate product manager for performing the same job.

Average Salary by Gender Chart in Trinidad and Tobago

Male
152,300 TTD
Female -7%
142,300 TTD

Associate Product Manager Average Pay Raise in Trinidad and Tobago

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 Product Manager in Trinidad and Tobago is around 8% every 29 months.

The national average pay raise across all professions and industries in Trinidad and Tobago 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 ÷ 29 ) × 12  = 3%

What this means is that an Associate Product Manager in Trinidad and Tobago can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Trinidad and Tobago for 2024

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

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 Product Manager Bonus and Incentive Rates in Trinidad and Tobago

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 Product Manager is a moderate bonus based job, with 61% of employees reporting at least one bonus in the last 12 months.

39% 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 6% to 8%.

Received Bonus
61%
No Bonus
39%

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 Trinidad and Tobago earn approximately 12% more than private sector employees in the same role.

Public Sector
125,700 TTD
Private Sector -12%
112,460 TTD

Salaries for Jobs Similar to an Associate Product Manager

In the table below, we have salary information for jobs that are similar to an Associate Product Manager in Trinidad and Tobago.

Job Title Category Salary
Account Handler Marketing 99,560 TTD
Affiliate Manager Marketing 130,400 TTD
Analytics Specialist Marketing 91,520 TTD
Assistant Brand Manager Marketing 138,200 TTD
Assistant Product Manager Marketing 148,300 TTD
Associate Marketing Manager Marketing 150,000 TTD
Brand Ambassador Marketing 176,800 TTD
Brand Director Marketing 225,700 TTD
Brand Executive Marketing 201,100 TTD
Brand Manager Marketing 192,600 TTD
Business Analytics Specialist Marketing 93,120 TTD
Business Channel Manager Marketing 136,200 TTD
Business Intelligence Team Leader Marketing 139,100 TTD
Campaign Specialist Marketing 123,400 TTD
Chief Marketing Officer Marketing 214,000 TTD
Chief Product Officer Marketing 196,800 TTD
Communications Officer Marketing 65,920 TTD
Content Manager Marketing 106,980 TTD
Content Marketing Strategist Marketing 124,400 TTD
Copy Editer Marketing 81,880 TTD
Copy Writer Marketing 83,140 TTD
Creative Marketing Lead Marketing 136,200 TTD
Creative Writer Marketing 79,120 TTD
Digital Marketer Marketing 115,740 TTD
Digital Marketing Manager Marketing 164,200 TTD
Digital Marketing Strategist Marketing 161,300 TTD
Digital Media Specialist Marketing 138,200 TTD
Director of Marketing Marketing 209,500 TTD
Director of Research Marketing 152,300 TTD
eMarketing Manager Marketing 167,100 TTD
Event Marketing Marketing 167,100 TTD
Head of Executive Search Marketing 191,600 TTD
Key Affiliate Manager Marketing 157,600 TTD
Localization Manager Marketing 146,200 TTD
Market Development Executive Marketing 175,900 TTD
Market Development Manager Marketing 163,800 TTD
Market Research Analyst Marketing 137,400 TTD
Market Research Manager Marketing 152,100 TTD
Market Segmentation Director Marketing 161,300 TTD
Marketing Account Supervisor Marketing 125,700 TTD
Marketing Administrator Marketing 103,600 TTD
Marketing Advisor Marketing 128,900 TTD
Marketing Analyst Marketing 128,500 TTD
Marketing and Communications Officer Marketing 74,380 TTD
Marketing and Sales Head Marketing 221,500 TTD
Marketing Assistant Marketing 72,260 TTD
Marketing Associate Marketing 69,580 TTD
Marketing Communications Manager Marketing 137,400 TTD
Marketing Consultant Marketing 154,700 TTD
Marketing Coordinator Marketing 72,780 TTD
Marketing Director Marketing 228,500 TTD
Marketing Distribution Executive Marketing 164,200 TTD
Marketing Executive Marketing 161,600 TTD
Marketing Manager Marketing 207,800 TTD
Marketing Officer Marketing 69,540 TTD
Marketing Segment Manager Marketing 152,300 TTD
Marketing Specialist Marketing 103,600 TTD
Marketing Supervisor Marketing 128,500 TTD
Marketing Vice President Marketing 176,800 TTD
Marketing Writer Marketing 79,000 TTD
Online Marketing Analyst Marketing 118,380 TTD
Online Marketing Manager Marketing 151,800 TTD
Optimization Manager Marketing 138,800 TTD
Outbound Sales Marketing 90,620 TTD
Outreach Coordinator Marketing 91,320 TTD
Outreach Specialist Marketing 118,060 TTD
Product Development Marketing 150,000 TTD
Product Manager Marketing 172,200 TTD
Product Marketing Engineer Marketing 90,900 TTD
Product Marketing Executive Marketing 158,700 TTD
Product Marketing Manager Marketing 163,800 TTD
Product Researcher Marketing 90,980 TTD
Product Strategist Marketing 124,400 TTD
Product Strategy Researcher Marketing 120,040 TTD
Product Training Specialist Marketing 104,500 TTD
Project Manager Marketing 125,100 TTD
Publications Coordinator Marketing 78,500 TTD
Research Executive Marketing 157,600 TTD
Sales and Marketing Assistant Marketing 65,760 TTD
Sales and Marketing Coordinator Marketing 71,020 TTD
Sales and Marketing Director Marketing 221,500 TTD
Sales Director Marketing 204,700 TTD
Sales Management Support Marketing 71,400 TTD
Sales Manager Marketing 209,700 TTD
Search Marketing Strategist Marketing 175,900 TTD
Social Media Administrator Marketing 119,860 TTD
Social Media Specialist Marketing 116,420 TTD
Spaceman Analyst Marketing 65,920 TTD
Sponsorship Consultant Marketing 109,720 TTD
Team Leader Marketing 127,700 TTD
Telemarketer Marketing 61,780 TTD
Trade Marketing Executive Marketing 168,100 TTD
Trade Marketing Manager Marketing 159,500 TTD
Trade Marketing Professional Marketing 127,700 TTD
Trade Marketing Specialist Marketing 87,640 TTD
Web Analytics Manager Marketing 136,200 TTD
Web Content Manager Marketing 137,400 TTD

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