Average Bank Programme Manager Salary in United States Virgin Islands for 2024

In this article, we will look at the average Bank Programme Manager salary for 2024 in United States Virgin Islands 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 United States dollar. To keep things simple, we are using the USD currency code instead of the currency symbol $.

How Much Does a Bank Programme Manager Make in United States Virgin Islands?

A Bank Programme Manager working in United States Virgin Islands will typically earn around 43,800 USD per year, and this can range from the lowest average salary of about 21,300 USD to the highest average salary of 72,180 USD.

Average Annual Salary
43,800 USD
Average Monthly Salary
3,650 USD

Lowest Annual Salary
21,300 USD
Lowest Monthly Salary
1,775 USD

Highest Annual Salary
72,180 USD
Highest Monthly Salary
6,015 USD

These are average salaries for a Bank Programme Manager in United States Virgin Islands and include benefits such as housing and transport. It's also possible for a Bank Programme Manager to earn more or less than the average salaries shown above.

Bank Programme 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 Bank Programme Manager Salaries in United States Virgin Islands

So we've looked at the average salaries a Bank Programme Manager will earn in United States Virgin Islands. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Bank Programme Manager can earn between 21,300 USD and 72,180 USD on average in United States Virgin Islands. 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 a Bank Programme Manager in United States Virgin Islands is 43,800 USD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 43,800 USD, and 50% of the population earn more than 43,800 USD.

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 Bank Programme Manager salary in United States Virgin Islands, 25% of the population are earning less than 30,220 USD while 75% of the population earn more than 30,220 USD.

75% of the population earn less than 59,480 USD, and 25% of the population earn more than 59,480 USD.

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.

Bank Programme Manager Salary by Experience Level in United States Virgin Islands

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 bank programme 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. A Bank Programme Manager in United States Virgin Islands that has less than two years of experience can expect to earn somewhere in the region of 26,660 USD.
  • 2 - 5 Years Experience. With two to five years of experience the average Bank Programme Manager salary would increase to 37,620 USD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Bank Programme Manager, the average salary would be 49,360 USD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 57,320 USD.
  • 15 - 20 Years Experience. A Bank Programme Manager with 15 to 20 years of experience can earn an average of 61,780 USD.
  • 20+ Years Experience. For a Bank Programme Manager with more than 20 years, the expected average salary increases to 66,140 USD.

Average Salary by Experience Chart

0-2 Years
26,660 USD
2-5 Years +32%
37,620 USD
5-10 Years +34%
49,360 USD
10-15 Years +19%
57,320 USD
15-20 Years +8%
61,780 USD
20+ Years +7%
66,140 USD

Bank Programme Manager Salary by Education Level in United States Virgin Islands

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 a Bank Programme Manager in United States Virgin Islands 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. A Bank Programme Manager in United States Virgin Islands with a bachelor's degree education can earn an average salary of 39,800 USD.

  • Master's Degree. A Bank Programme Manager in United States Virgin Islands with a master's degree education can earn an average salary of 62,060 USD.

Average Salary by Education Chart

Bachelor's Degree
39,800 USD
Master's Degree +58%
62,060 USD

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 United States Virgin Islands is around 13,500 to 40,400 USD 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.

Bank Programme 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 United States Virgin Islands, a male bank programme manager will earn an average of 48,200 USD, while a female bank programme manager will earn around 43,520 USD.

This means that a male bank programme manager earns approximately 11% more than a female bank programme manager for performing the same job.

Average Salary by Gender Chart in United States Virgin Islands

Male
48,200 USD
Female -11%
43,520 USD

Bank Programme Manager Average Pay Raise in United States Virgin Islands

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 a Bank Programme Manager in United States Virgin Islands is around 9% every 28 months.

The national average pay raise across all professions and industries in United States Virgin Islands 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 a Bank Programme Manager in United States Virgin Islands can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in United States Virgin Islands for 2024

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

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

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Bank Programme Manager Bonus and Incentive Rates in United States Virgin Islands

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.

A Bank Programme Manager is a moderate bonus based job, with 63% of employees reporting at least one bonus in the last 12 months.

37% 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 8%.

Received Bonus
63%
No Bonus
37%

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 United States Virgin Islands earn approximately 15% more than private sector employees in the same role.

Public Sector
35,340 USD
Private Sector -15%
30,800 USD

Salaries for Jobs Similar to a Bank Programme Manager

In the table below, we have salary information for jobs that are similar to a Bank Programme Manager in United States Virgin Islands.

Job Title Category Salary
AML Analyst Banking 50,340 USD
Assistant Bank Branch Manager Banking 41,560 USD
Assistant Bank Manager Banking 57,860 USD
ATM Manager Banking 48,140 USD
ATM Service Technician Banking 14,540 USD
Bank Accounts Analyst Banking 19,020 USD
Bank Accounts Collector Banking 9,940 USD
Bank Accounts Controller Banking 23,700 USD
Bank Accounts Executive Banking 36,940 USD
Bank Accounts Manager Banking 42,040 USD
Bank Auditing Manager Banking 38,780 USD
Bank Branch Manager Banking 58,800 USD
Bank Branch Operations Coordinator Banking 25,680 USD
Bank Clerk Banking 10,080 USD
Bank Client Service Associate Banking 17,020 USD
Bank Collector Banking 12,520 USD
Bank Compliance Specialist Banking 33,120 USD
Bank Manager Banking 68,060 USD
Bank Operational Risk Manager Banking 64,920 USD
Bank Operations Head Banking 70,260 USD
Bank Operations Officer Banking 27,620 USD
Bank Operations Specialist Banking 41,480 USD
Bank Process Manager Banking 41,980 USD
Bank Product Manager Banking 47,540 USD
Bank Project Manager Banking 56,880 USD
Bank Propositions Manager Banking 48,560 USD
Bank Quantitative Analyst Banking 31,980 USD
Bank Regional Manager Banking 68,900 USD
Bank Regional Risk Officer Banking 34,280 USD
Bank Relationship Manager Banking 50,180 USD
Bank Relationship Officer Banking 24,280 USD
Bank Teller Banking 10,980 USD
Banker Banking 25,940 USD
Banking Business Analyst Banking 37,740 USD
Banking Business Development Officer Banking 23,400 USD
Banking Business Planning Executive Banking 52,380 USD
Banking Product Manager Banking 43,260 USD
Banking Reference Data Manager Banking 37,800 USD
Banking Risk Analyst Banking 34,380 USD
Banking Technical Analyst Banking 20,520 USD
Bankruptcy Coordinator Banking 25,720 USD
Bill and Account Collector Banking 13,700 USD
Budget Analyst Banking 36,160 USD
Capital Risk Manager Banking 66,180 USD
Cards Marketing Manager Banking 44,780 USD
Cash Management Manager Banking 66,000 USD
Check Processing Manager Banking 44,540 USD
Commercial Vault Associate Banking 36,800 USD
Corporate Banker Banking 25,720 USD
Corporate Dealer Banking 40,140 USD
Credit Analyst Banking 28,820 USD
Credit and Collections Manager Banking 48,560 USD
Credit Card Fraud Investigator Banking 34,280 USD
Credit Portfolio Manager Banking 64,920 USD
Credit Risk Analyst Banking 39,080 USD
Credit Risk Associate Banking 35,420 USD
Direct Bank Sales Representative Banking 25,680 USD
Exchange Control Consultant Banking 36,700 USD
Executive Account Analyst Banking 34,280 USD
Financial Bank Planning Consultant Banking 42,960 USD
Financial Banking Analysis Manager Banking 50,980 USD
Financial Banking Assistant Banking 17,560 USD
Financial Banking Systems Manager Banking 50,980 USD
Foreign Exchange Manager Banking 52,540 USD
Fraud Analyst Banking 39,960 USD
Fraud Detection Associate Banking 27,300 USD
Fraud Detection Manager Banking 53,320 USD
Fraud Detection Supervisor Banking 28,680 USD
Internal Bank Audit Manager Banking 67,900 USD
Internal Bank Auditor Banking 35,500 USD
Internal Private Banker Banking 26,020 USD
International Banking Manager Banking 73,100 USD
Investment Banking Analyst Banking 52,540 USD
Loan Analyst Banking 32,420 USD
Loan Area Manager Banking 43,340 USD
Loan Audit Team Leader Banking 41,180 USD
Loan Branch Manager Banking 37,800 USD
Loan Business Development Officer Banking 19,980 USD
Loan Clerk Banking 13,780 USD
Loan Collection and Recovery Manager Banking 41,480 USD
Loan Collection Manager Banking 42,320 USD
Loan Collector Banking 11,040 USD
Loan Examiner Banking 17,260 USD
Loan Officer Banking 14,540 USD
Loan Processing Manager Banking 40,240 USD
Loan Processor Banking 17,260 USD
Loan Quality Assurance Auditor Banking 35,000 USD
Loan Quality Assurance Manager Banking 42,320 USD
Loan Quality Assurance Representative Banking 27,040 USD
Loan Review Manager Banking 41,900 USD
Loan Team Leader Banking 36,020 USD
Loans Manager Banking 49,360 USD
Mortgage Advisor Banking 23,080 USD
Mortgage Collection Manager Banking 43,260 USD
Mortgage Collector Banking 10,080 USD
Mortgage Credit Analyst Banking 19,360 USD
Mortgage Credit Manager Banking 42,320 USD
Mortgage Development Manager Banking 42,960 USD
Mortgage Document Reviewer Banking 14,140 USD
Mortgage Funding Manager Banking 43,340 USD
Mortgage Operations Manager Banking 63,040 USD
Mortgage Payment Processing Clerk Banking 14,620 USD
Mortgage Processing Manager Banking 41,660 USD
Mortgage Processor Banking 18,260 USD
Mortgage Quality Assurance Auditor Banking 35,000 USD
Mortgage Quality Assurance Manager Banking 40,140 USD
Mortgage Servicing Clerk Banking 12,200 USD
Mortgage Servicing Manager Banking 38,700 USD
Mortgage Underwriter Banking 13,100 USD
Online Banking Manager Banking 65,760 USD
Payment Processing Clerk Banking 10,980 USD
Personal Banker Banking 23,360 USD
Personal Banking Advisor Banking 25,160 USD
Phone Banker Banking 17,860 USD
Private Banker Banking 27,300 USD
Reconciliation and Investigation Specialist Banking 30,840 USD
Tax Officer Banking 23,520 USD
Teller Banking 13,700 USD
Trade Officer Banking 12,580 USD
Trade Product Manager Banking 44,300 USD
Trader Banking 15,300 USD
Treasury Operations Officer Banking 32,620 USD

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