Average Cargo Executive Salary in Barbados for 2024

In this article, we will look at the average Cargo Executive salary for 2024 in Barbados 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 Barbadian dollar. To keep things simple, we are using the BBD currency code instead of the currency symbol $.

How Much Does a Cargo Executive Make in Barbados?

A Cargo Executive working in Barbados will typically earn around 36,700 BBD per year, and this can range from the lowest average salary of about 18,780 BBD to the highest average salary of 58,240 BBD.

Average Annual Salary
36,700 BBD
Average Monthly Salary
3,058 BBD

Lowest Annual Salary
18,780 BBD
Lowest Monthly Salary
1,565 BBD

Highest Annual Salary
58,240 BBD
Highest Monthly Salary
4,853 BBD

These are average salaries for a Cargo Executive in Barbados 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 Barbados

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

Salary ranges

We already know that a Cargo Executive can earn between 18,780 BBD and 58,240 BBD on average in Barbados. 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 Barbados is 39,960 BBD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 39,960 BBD, and 50% of the population earn more than 39,960 BBD.

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 Barbados, 25% of the population are earning less than 25,940 BBD while 75% of the population earn more than 25,940 BBD.

75% of the population earn less than 49,020 BBD, and 25% of the population earn more than 49,020 BBD.

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 Barbados

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 Barbados that has less than two years of experience can expect to earn somewhere in the region of 21,380 BBD.
  • 2 - 5 Years Experience. With two to five years of experience the average Cargo Executive salary would increase to 31,540 BBD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Cargo Executive, the average salary would be 39,800 BBD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 47,580 BBD.
  • 15 - 20 Years Experience. A Cargo Executive with 15 to 20 years of experience can earn an average of 51,100 BBD.
  • 20+ Years Experience. For a Cargo Executive with more than 20 years, the expected average salary increases to 54,500 BBD.

Average Salary by Experience Chart

0-2 Years
21,380 BBD
2-5 Years +42%
31,540 BBD
5-10 Years +32%
39,800 BBD
10-15 Years +23%
47,580 BBD
15-20 Years +6%
51,100 BBD
20+ Years +10%
54,500 BBD

Cargo Executive Salary by Education Level in Barbados

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 Barbados 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 Barbados with a high school education can earn an average salary of 27,040 BBD.

  • Certificate or Diploma. A Cargo Executive in Barbados with a certificate or diploma education can earn an average salary of 30,700 BBD.

  • Bachelor's Degree. A Cargo Executive in Barbados with a bachelor's degree education can earn an average salary of 45,200 BBD.

  • Master's Degree. A Cargo Executive in Barbados with a master's degree education can earn an average salary of 52,300 BBD.

Average Salary by Education Chart

High School
27,040 BBD
Certificate or Diploma +16%
30,700 BBD
Bachelor's Degree +46%
45,200 BBD
Master's Degree +23%
52,300 BBD

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 Barbados is around 16,300 to 48,800 BBD 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 Barbados, a male cargo executive will earn an average of 39,800 BBD, while a female cargo executive will earn around 37,740 BBD.

This means that a male cargo executive earns approximately 5% more than a female cargo executive for performing the same job.

Average Salary by Gender Chart in Barbados

Male
39,800 BBD
Female -5%
37,740 BBD

Cargo Executive Average Pay Raise in Barbados

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 Barbados is around 7% every 29 months.

The national average pay raise across all professions and industries in Barbados 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 = ( 7 ÷ 29 ) × 12  = 3%

What this means is that a Cargo Executive in Barbados can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Barbados for 2024

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

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

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Cargo Executive Bonus and Incentive Rates in Barbados

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 39% of employees reporting at least one bonus in the last 12 months.

61% 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
39%
No Bonus
61%

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 Barbados earn approximately 8% more than private sector employees in the same role.

Public Sector
38,780 BBD
Private Sector -8%
36,020 BBD

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 Barbados.

Job Title Category Salary
Aeronautical Engineer Airlines / Aviation / Aerospace / Defense 44,720 BBD
Aerospace Engineer Airlines / Aviation / Aerospace / Defense 50,540 BBD
Aerospace Technician Airlines / Aviation / Aerospace / Defense 36,580 BBD
Air Crew Member Airlines / Aviation / Aerospace / Defense 25,220 BBD
Air Crew Officer Airlines / Aviation / Aerospace / Defense 27,300 BBD
Air Traffic Assistant Airlines / Aviation / Aerospace / Defense 23,660 BBD
Air Traffic Controller Airlines / Aviation / Aerospace / Defense 47,540 BBD
Aircraft Assembler Airlines / Aviation / Aerospace / Defense 23,520 BBD
Aircraft Body Repairer Airlines / Aviation / Aerospace / Defense 17,860 BBD
Aircraft Captain Airlines / Aviation / Aerospace / Defense 63,480 BBD
Aircraft Electrician Airlines / Aviation / Aerospace / Defense 19,980 BBD
Aircraft Electronics Techician Airlines / Aviation / Aerospace / Defense 20,460 BBD
Aircraft Engineer Airlines / Aviation / Aerospace / Defense 43,260 BBD
Aircraft Fueler Airlines / Aviation / Aerospace / Defense 17,760 BBD
Aircraft Maintenance Engineer Airlines / Aviation / Aerospace / Defense 41,660 BBD
Aircraft Maintenance Manager Airlines / Aviation / Aerospace / Defense 65,940 BBD
Aircraft Maintenance Supervisor Airlines / Aviation / Aerospace / Defense 44,140 BBD
Aircraft Maintenance Technician Airlines / Aviation / Aerospace / Defense 19,640 BBD
Aircraft Mechanic Airlines / Aviation / Aerospace / Defense 19,940 BBD
Aircraft Pilot Airlines / Aviation / Aerospace / Defense 69,720 BBD
Aircraft Pneudraulics Repairer Airlines / Aviation / Aerospace / Defense 21,560 BBD
Aircraft Quality Assurance Airlines / Aviation / Aerospace / Defense 53,380 BBD
Aircraft Rigging Assembler Airlines / Aviation / Aerospace / Defense 21,540 BBD
Aircraft Service Technician Airlines / Aviation / Aerospace / Defense 19,020 BBD
Airfield Management Specialist Airlines / Aviation / Aerospace / Defense 64,040 BBD
Airfield Operations Specialist Airlines / Aviation / Aerospace / Defense 46,880 BBD
Airline Cabin Crew Airlines / Aviation / Aerospace / Defense 39,420 BBD
Airline Copilot Airlines / Aviation / Aerospace / Defense 44,800 BBD
Airline Pilot Airlines / Aviation / Aerospace / Defense 66,180 BBD
Airlines Sales Director Airlines / Aviation / Aerospace / Defense 78,260 BBD
Airlines Sales Manager Airlines / Aviation / Aerospace / Defense 74,620 BBD
Airlines Structural Assembler Airlines / Aviation / Aerospace / Defense 17,740 BBD
Airport Services Agent Airlines / Aviation / Aerospace / Defense 24,200 BBD
Airport Services Manager Airlines / Aviation / Aerospace / Defense 84,880 BBD
Airport Services Supervisor Airlines / Aviation / Aerospace / Defense 47,180 BBD
Assistant Aircraft Mechanic Airlines / Aviation / Aerospace / Defense 18,780 BBD
Aviation Analyst Airlines / Aviation / Aerospace / Defense 51,120 BBD
Aviation Inspector Airlines / Aviation / Aerospace / Defense 45,580 BBD
Aviation Manager Airlines / Aviation / Aerospace / Defense 85,080 BBD
Aviation Operations Controller Airlines / Aviation / Aerospace / Defense 43,340 BBD
Aviation Resources Manager Airlines / Aviation / Aerospace / Defense 73,760 BBD
Aviation Safety Assistant Airlines / Aviation / Aerospace / Defense 23,700 BBD
Aviation Safety Manager Airlines / Aviation / Aerospace / Defense 77,060 BBD
Aviation Safety Officer Airlines / Aviation / Aerospace / Defense 42,400 BBD
Aviation Technician Airlines / Aviation / Aerospace / Defense 19,860 BBD
Cargo and Freight Agent Airlines / Aviation / Aerospace / Defense 19,220 BBD
Chief Pilot Airlines / Aviation / Aerospace / Defense 69,580 BBD
First Officer Airlines / Aviation / Aerospace / Defense 32,020 BBD
Fleet Controller Airlines / Aviation / Aerospace / Defense 61,680 BBD
Fleet Management Officer Airlines / Aviation / Aerospace / Defense 26,660 BBD
Flight Attendant Airlines / Aviation / Aerospace / Defense 26,780 BBD
Flight Planner Airlines / Aviation / Aerospace / Defense 36,020 BBD
Flight Scheduler Airlines / Aviation / Aerospace / Defense 34,160 BBD
Flight Simulation Engineer Airlines / Aviation / Aerospace / Defense 36,720 BBD
Freight and Cargo Inspector Airlines / Aviation / Aerospace / Defense 30,700 BBD
Helicopter Pilot Airlines / Aviation / Aerospace / Defense 43,800 BBD
Loading Bridge Operator Airlines / Aviation / Aerospace / Defense 16,140 BBD
Pilot Airlines / Aviation / Aerospace / Defense 66,260 BBD
Ramp Agent Airlines / Aviation / Aerospace / Defense 19,220 BBD
Reservations Sales Agent Airlines / Aviation / Aerospace / Defense 23,500 BBD
Safety and Quality Specialist Airlines / Aviation / Aerospace / Defense 44,800 BBD
Test Pilot Airlines / Aviation / Aerospace / Defense 45,720 BBD

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