Average Cargo Executive Salary in Bahamas for 2024

In this article, we will look at the average Cargo Executive 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 a Cargo Executive Make in Bahamas?

A Cargo Executive working in Bahamas will typically earn around 45,600 BSD per year, and this can range from the lowest average salary of about 21,300 BSD to the highest average salary of 69,800 BSD.

Average Annual Salary
45,600 BSD
Average Monthly Salary
3,800 BSD

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

Highest Annual Salary
69,800 BSD
Highest Monthly Salary
5,816 BSD

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

Cargo Executive 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 Cargo Executive Salaries in Bahamas

So we've looked at the average salaries a Cargo Executive will earn in Bahamas. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Cargo Executive can earn between 21,300 BSD and 69,800 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 a Cargo Executive in Bahamas is 45,200 BSD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 45,200 BSD, and 50% of the population earn more than 45,200 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 Cargo Executive salary in Bahamas, 25% of the population are earning less than 30,700 BSD while 75% of the population earn more than 30,700 BSD.

75% of the population earn less than 56,100 BSD, and 25% of the population earn more than 56,100 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.

Cargo Executive 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 cargo executive 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 Cargo Executive in Bahamas that has less than two years of experience can expect to earn somewhere in the region of 27,400 BSD.
  • 2 - 5 Years Experience. With two to five years of experience the average Cargo Executive salary would increase to 34,000 BSD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Cargo Executive, the average salary would be 48,200 BSD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 57,000 BSD.
  • 15 - 20 Years Experience. A Cargo Executive with 15 to 20 years of experience can earn an average of 62,600 BSD.
  • 20+ Years Experience. For a Cargo Executive with more than 20 years, the expected average salary increases to 67,600 BSD.

Average Salary by Experience Chart

0-2 Years
27,400 BSD
2-5 Years +31%
34,000 BSD
5-10 Years +40%
48,200 BSD
10-15 Years +20%
57,000 BSD
15-20 Years +9%
62,600 BSD
20+ Years +8%
67,600 BSD

Cargo Executive 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 a Cargo Executive 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. A Cargo Executive in Bahamas with a high school education can earn an average salary of 31,400 BSD.

  • Certificate or Diploma. A Cargo Executive in Bahamas with a certificate or diploma education can earn an average salary of 33,300 BSD.

  • Bachelor's Degree. A Cargo Executive in Bahamas with a bachelor's degree education can earn an average salary of 49,800 BSD.

  • Master's Degree. A Cargo Executive in Bahamas with a master's degree education can earn an average salary of 64,500 BSD.

Average Salary by Education Chart

High School
31,400 BSD
Certificate or Diploma +15%
33,300 BSD
Bachelor's Degree +41%
49,800 BSD
Master's Degree +29%
64,500 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.

Cargo Executive 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 cargo executive will earn an average of 49,400 BSD, while a female cargo executive will earn around 41,000 BSD.

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

Average Salary by Gender Chart in Bahamas

Male
49,400 BSD
Female -20%
41,000 BSD

Cargo Executive 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 a Cargo Executive in Bahamas is around 8% 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 = ( 8 ÷ 28 ) × 12  = 3%

What this means is that a Cargo Executive in Bahamas can expect to receive an average pay raise of around 3% 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%

Cargo Executive 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.

A Cargo Executive is a low bonus based job, with 36% of employees reporting at least one bonus in the last 12 months.

64% 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 3% to 6%.

Received Bonus
36%
No Bonus
64%

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 a Cargo Executive

In the table below, we have salary information for jobs that are similar to a Cargo Executive in Bahamas.

Job Title Category Salary
Aeronautical Engineer Airlines / Aviation / Aerospace / Defense 50,000 BSD
Aerospace Engineer Airlines / Aviation / Aerospace / Defense 64,500 BSD
Aerospace Technician Airlines / Aviation / Aerospace / Defense 47,500 BSD
Air Crew Member Airlines / Aviation / Aerospace / Defense 28,900 BSD
Air Crew Officer Airlines / Aviation / Aerospace / Defense 32,200 BSD
Air Traffic Assistant Airlines / Aviation / Aerospace / Defense 30,800 BSD
Air Traffic Controller Airlines / Aviation / Aerospace / Defense 49,200 BSD
Aircraft Assembler Airlines / Aviation / Aerospace / Defense 25,300 BSD
Aircraft Body Repairer Airlines / Aviation / Aerospace / Defense 20,100 BSD
Aircraft Captain Airlines / Aviation / Aerospace / Defense 80,200 BSD
Aircraft Electrician Airlines / Aviation / Aerospace / Defense 27,400 BSD
Aircraft Electronics Techician Airlines / Aviation / Aerospace / Defense 27,300 BSD
Aircraft Engineer Airlines / Aviation / Aerospace / Defense 49,400 BSD
Aircraft Fueler Airlines / Aviation / Aerospace / Defense 20,400 BSD
Aircraft Maintenance Engineer Airlines / Aviation / Aerospace / Defense 43,800 BSD
Aircraft Maintenance Manager Airlines / Aviation / Aerospace / Defense 77,300 BSD
Aircraft Maintenance Supervisor Airlines / Aviation / Aerospace / Defense 52,000 BSD
Aircraft Maintenance Technician Airlines / Aviation / Aerospace / Defense 23,500 BSD
Aircraft Mechanic Airlines / Aviation / Aerospace / Defense 24,800 BSD
Aircraft Pilot Airlines / Aviation / Aerospace / Defense 87,400 BSD
Aircraft Pneudraulics Repairer Airlines / Aviation / Aerospace / Defense 23,400 BSD
Aircraft Quality Assurance Airlines / Aviation / Aerospace / Defense 64,600 BSD
Aircraft Rigging Assembler Airlines / Aviation / Aerospace / Defense 25,300 BSD
Aircraft Service Technician Airlines / Aviation / Aerospace / Defense 22,200 BSD
Airfield Management Specialist Airlines / Aviation / Aerospace / Defense 74,200 BSD
Airfield Operations Specialist Airlines / Aviation / Aerospace / Defense 58,500 BSD
Airline Cabin Crew Airlines / Aviation / Aerospace / Defense 49,800 BSD
Airline Copilot Airlines / Aviation / Aerospace / Defense 52,000 BSD
Airline Pilot Airlines / Aviation / Aerospace / Defense 79,800 BSD
Airlines Sales Director Airlines / Aviation / Aerospace / Defense 99,600 BSD
Airlines Sales Manager Airlines / Aviation / Aerospace / Defense 84,600 BSD
Airlines Structural Assembler Airlines / Aviation / Aerospace / Defense 23,200 BSD
Airport Services Agent Airlines / Aviation / Aerospace / Defense 32,900 BSD
Airport Services Manager Airlines / Aviation / Aerospace / Defense 97,300 BSD
Airport Services Supervisor Airlines / Aviation / Aerospace / Defense 57,900 BSD
Assistant Aircraft Mechanic Airlines / Aviation / Aerospace / Defense 19,300 BSD
Aviation Analyst Airlines / Aviation / Aerospace / Defense 61,400 BSD
Aviation Inspector Airlines / Aviation / Aerospace / Defense 54,100 BSD
Aviation Manager Airlines / Aviation / Aerospace / Defense 100,500 BSD
Aviation Operations Controller Airlines / Aviation / Aerospace / Defense 52,300 BSD
Aviation Resources Manager Airlines / Aviation / Aerospace / Defense 81,900 BSD
Aviation Safety Assistant Airlines / Aviation / Aerospace / Defense 27,200 BSD
Aviation Safety Manager Airlines / Aviation / Aerospace / Defense 92,400 BSD
Aviation Safety Officer Airlines / Aviation / Aerospace / Defense 49,700 BSD
Aviation Technician Airlines / Aviation / Aerospace / Defense 22,800 BSD
Cargo and Freight Agent Airlines / Aviation / Aerospace / Defense 22,300 BSD
Chief Pilot Airlines / Aviation / Aerospace / Defense 89,900 BSD
First Officer Airlines / Aviation / Aerospace / Defense 35,600 BSD
Fleet Controller Airlines / Aviation / Aerospace / Defense 77,000 BSD
Fleet Management Officer Airlines / Aviation / Aerospace / Defense 32,300 BSD
Flight Attendant Airlines / Aviation / Aerospace / Defense 30,600 BSD
Flight Planner Airlines / Aviation / Aerospace / Defense 45,600 BSD
Flight Scheduler Airlines / Aviation / Aerospace / Defense 40,500 BSD
Flight Simulation Engineer Airlines / Aviation / Aerospace / Defense 44,200 BSD
Freight and Cargo Inspector Airlines / Aviation / Aerospace / Defense 35,300 BSD
Helicopter Pilot Airlines / Aviation / Aerospace / Defense 54,300 BSD
Loading Bridge Operator Airlines / Aviation / Aerospace / Defense 18,200 BSD
Pilot Airlines / Aviation / Aerospace / Defense 87,200 BSD
Ramp Agent Airlines / Aviation / Aerospace / Defense 20,200 BSD
Reservations Sales Agent Airlines / Aviation / Aerospace / Defense 27,100 BSD
Safety and Quality Specialist Airlines / Aviation / Aerospace / Defense 48,300 BSD
Test Pilot Airlines / Aviation / Aerospace / Defense 58,800 BSD

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