Average Charities Fundraiser Salary in Bahamas for 2024

In this article, we will look at the average Charities Fundraiser 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 Charities Fundraiser Make in Bahamas?

A Charities Fundraiser working in Bahamas will typically earn around 38,700 BSD per year, and this can range from the lowest average salary of about 20,500 BSD to the highest average salary of 58,100 BSD.

Average Annual Salary
38,700 BSD
Average Monthly Salary
3,225 BSD

Lowest Annual Salary
20,500 BSD
Lowest Monthly Salary
1,708 BSD

Highest Annual Salary
58,100 BSD
Highest Monthly Salary
4,841 BSD

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

Charities Fundraiser 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 Charities Fundraiser Salaries in Bahamas

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

Salary ranges

We already know that a Charities Fundraiser can earn between 20,500 BSD and 58,100 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 Charities Fundraiser in Bahamas is 34,700 BSD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 34,700 BSD, and 50% of the population earn more than 34,700 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 Charities Fundraiser salary in Bahamas, 25% of the population are earning less than 22,800 BSD while 75% of the population earn more than 22,800 BSD.

75% of the population earn less than 44,800 BSD, and 25% of the population earn more than 44,800 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.

Charities Fundraiser 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 charities fundraiser 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 Charities Fundraiser in Bahamas that has less than two years of experience can expect to earn somewhere in the region of 21,300 BSD.
  • 2 - 5 Years Experience. With two to five years of experience the average Charities Fundraiser salary would increase to 29,600 BSD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Charities Fundraiser, the average salary would be 38,700 BSD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 46,100 BSD.
  • 15 - 20 Years Experience. A Charities Fundraiser with 15 to 20 years of experience can earn an average of 51,800 BSD.
  • 20+ Years Experience. For a Charities Fundraiser with more than 20 years, the expected average salary increases to 53,500 BSD.

Average Salary by Experience Chart

0-2 Years
21,300 BSD
2-5 Years +23%
29,600 BSD
5-10 Years +42%
38,700 BSD
10-15 Years +17%
46,100 BSD
15-20 Years +10%
51,800 BSD
20+ Years +6%
53,500 BSD

Charities Fundraiser 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 Charities Fundraiser 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 Charities Fundraiser in Bahamas with a high school education can earn an average salary of 26,100 BSD.

  • Certificate or Diploma. A Charities Fundraiser in Bahamas with a certificate or diploma education can earn an average salary of 30,200 BSD.

  • Bachelor's Degree. A Charities Fundraiser in Bahamas with a bachelor's degree education can earn an average salary of 39,700 BSD.

  • Master's Degree. A Charities Fundraiser in Bahamas with a master's degree education can earn an average salary of 53,500 BSD.

Average Salary by Education Chart

High School
26,100 BSD
Certificate or Diploma +13%
30,200 BSD
Bachelor's Degree +31%
39,700 BSD
Master's Degree +32%
53,500 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.

Charities Fundraiser 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 charities fundraiser will earn an average of 38,000 BSD, while a female charities fundraiser will earn around 33,000 BSD.

This means that a male charities fundraiser earns approximately 15% more than a female charities fundraiser for performing the same job.

Average Salary by Gender Chart in Bahamas

Male
38,000 BSD
Female -15%
33,000 BSD

Charities Fundraiser 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 Charities Fundraiser in Bahamas is around 7% every 30 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 = ( 7 ÷ 30 ) × 12  = 3%

What this means is that a Charities Fundraiser 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%

Charities Fundraiser 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 Charities Fundraiser is a low bonus based job, with 34% of employees reporting at least one bonus in the last 12 months.

66% 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 5%.

Received Bonus
34%
No Bonus
66%

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 Charities Fundraiser

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

Job Title Category Salary
Activity Aide Fundraising and Non Profit 17,100 BSD
Activity Coordinator Fundraising and Non Profit 17,100 BSD
Activity Leader Fundraising and Non Profit 29,100 BSD
Adoption Specialist Fundraising and Non Profit 50,000 BSD
Assistant Programme Officer Fundraising and Non Profit 29,600 BSD
Campaign Manager Fundraising and Non Profit 60,600 BSD
Charities Administrator Fundraising and Non Profit 37,200 BSD
Civil Servant Fundraising and Non Profit 16,400 BSD
Civil Service Administrator Fundraising and Non Profit 21,500 BSD
Community Health Worker Fundraising and Non Profit 13,500 BSD
Community Relations Representative Fundraising and Non Profit 27,800 BSD
Community Service Manager Fundraising and Non Profit 51,800 BSD
Community Volunteer Fundraising and Non Profit 14,000 BSD
Community Worker Fundraising and Non Profit 17,100 BSD
Custodial Worker Fundraising and Non Profit 19,200 BSD
Education Planning Specialist Fundraising and Non Profit 49,200 BSD
Foundation Assistant Fundraising and Non Profit 23,400 BSD
Foundation Director Fundraising and Non Profit 68,500 BSD
Foundation Program Coordinator Fundraising and Non Profit 42,700 BSD
Fundraiser Fundraising and Non Profit 36,700 BSD
Fundraising Coordinator Fundraising and Non Profit 24,800 BSD
Fundraising Director Fundraising and Non Profit 76,000 BSD
Fundraising Manager Fundraising and Non Profit 68,400 BSD
Grant Writer Fundraising and Non Profit 21,200 BSD
Healthcare Social Worker Fundraising and Non Profit 16,000 BSD
Homeless Shelter Worker Fundraising and Non Profit 13,500 BSD
Major Gift Officer Fundraising and Non Profit 17,500 BSD
Orphan Program Coordinator Fundraising and Non Profit 27,600 BSD
Rehab Aide Fundraising and Non Profit 20,900 BSD
Rehabilitation Aide Fundraising and Non Profit 17,800 BSD
Social Worker Fundraising and Non Profit 14,200 BSD
Sponsorship Coordinator Fundraising and Non Profit 22,400 BSD
Volunteer Coordinator Fundraising and Non Profit 19,100 BSD

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