Average Chief Marketing Officer Salary in Jamaica for 2024

In this article, we will look at the average Chief Marketing Officer salary for 2024 in Jamaica 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 Jamaican dollar. To keep things simple, we are using the JMD currency code instead of the currency symbol $.

How Much Does a Chief Marketing Officer Make in Jamaica?

A Chief Marketing Officer working in Jamaica will typically earn around 2,065,400 JMD per year, and this can range from the lowest average salary of about 953,300 JMD to the highest average salary of 3,288,400 JMD.

Average Annual Salary
2,065,400 JMD
Average Monthly Salary
172,116 JMD

Lowest Annual Salary
953,300 JMD
Lowest Monthly Salary
79,441 JMD

Highest Annual Salary
3,288,400 JMD
Highest Monthly Salary
274,033 JMD

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

Chief Marketing Officer 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 Chief Marketing Officer Salaries in Jamaica

So we've looked at the average salaries a Chief Marketing Officer will earn in Jamaica. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Chief Marketing Officer can earn between 953,300 JMD and 3,288,400 JMD on average in Jamaica. 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 Chief Marketing Officer in Jamaica is 2,230,100 JMD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 2,230,100 JMD, and 50% of the population earn more than 2,230,100 JMD.

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 Chief Marketing Officer salary in Jamaica, 25% of the population are earning less than 1,440,700 JMD while 75% of the population earn more than 1,440,700 JMD.

75% of the population earn less than 2,987,000 JMD, and 25% of the population earn more than 2,987,000 JMD.

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.

Chief Marketing Officer Salary by Experience Level in Jamaica

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 chief marketing officer 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 Chief Marketing Officer in Jamaica that has less than two years of experience can expect to earn somewhere in the region of 1,080,400 JMD.
  • 2 - 5 Years Experience. With two to five years of experience the average Chief Marketing Officer salary would increase to 1,440,700 JMD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Chief Marketing Officer , the average salary would be 2,136,200 JMD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 2,605,500 JMD.
  • 15 - 20 Years Experience. A Chief Marketing Officer with 15 to 20 years of experience can earn an average of 2,831,100 JMD.
  • 20+ Years Experience. For a Chief Marketing Officer with more than 20 years, the expected average salary increases to 3,071,100 JMD.

Average Salary by Experience Chart

0-2 Years
1,080,400 JMD
2-5 Years +34%
1,440,700 JMD
5-10 Years +48%
2,136,200 JMD
10-15 Years +22%
2,605,500 JMD
15-20 Years +9%
2,831,100 JMD
20+ Years +8%
3,071,100 JMD

Chief Marketing Officer Salary by Education Level in Jamaica

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 Chief Marketing Officer in Jamaica based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Certificate or Diploma. A Chief Marketing Officer in Jamaica with a certificate or diploma education can earn an average salary of 1,235,600 JMD.

  • Bachelor's Degree. A Chief Marketing Officer in Jamaica with a bachelor's degree education can earn an average salary of 1,930,500 JMD.

  • Master's Degree. A Chief Marketing Officer in Jamaica with a master's degree education can earn an average salary of 3,239,400 JMD.

Average Salary by Education Chart

Certificate or Diploma
1,235,600 JMD
Bachelor's Degree +57%
1,930,500 JMD
Master's Degree +68%
3,239,400 JMD

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 Jamaica is around 482,000 to 1,450,000 JMD 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.

Chief Marketing Officer 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 Jamaica, a male chief marketing officer will earn an average of 2,161,200 JMD, while a female chief marketing officer will earn around 1,980,600 JMD.

This means that a male chief marketing officer earns approximately 9% more than a female chief marketing officer for performing the same job.

Average Salary by Gender Chart in Jamaica

Male
2,161,200 JMD
Female -9%
1,980,600 JMD

Chief Marketing Officer Average Pay Raise in Jamaica

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 Chief Marketing Officer in Jamaica is around 10% every 29 months.

The national average pay raise across all professions and industries in Jamaica 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 = ( 10 ÷ 29 ) × 12  = 4%

What this means is that a Chief Marketing Officer in Jamaica can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Jamaica for 2024

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

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%

Chief Marketing Officer Bonus and Incentive Rates in Jamaica

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 Chief Marketing Officer is a moderate bonus based job, with 68% of employees reporting at least one bonus in the last 12 months.

32% 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 9%.

Received Bonus
68%
No Bonus
32%

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 Jamaica earn approximately 10% more than private sector employees in the same role.

Public Sector
1,235,600 JMD
Private Sector -10%
1,122,900 JMD

Salaries for Jobs Similar to a Chief Marketing Officer

In the table below, we have salary information for jobs that are similar to a Chief Marketing Officer in Jamaica.

Job Title Category Salary
Account Handler Marketing 948,900 JMD
Affiliate Manager Marketing 1,235,600 JMD
Analytics Specialist Marketing 976,300 JMD
Assistant Brand Manager Marketing 1,417,600 JMD
Assistant Product Manager Marketing 1,464,200 JMD
Associate Marketing Manager Marketing 1,487,200 JMD
Associate Product Manager Marketing 1,537,500 JMD
Brand Ambassador Marketing 1,788,300 JMD
Brand Director Marketing 2,254,400 JMD
Brand Executive Marketing 1,990,300 JMD
Brand Manager Marketing 1,942,700 JMD
Business Analytics Specialist Marketing 923,000 JMD
Business Channel Manager Marketing 1,357,900 JMD
Business Intelligence Team Leader Marketing 1,405,700 JMD
Campaign Specialist Marketing 1,296,900 JMD
Chief Product Officer Marketing 2,026,800 JMD
Communications Officer Marketing 672,600 JMD
Content Manager Marketing 1,160,900 JMD
Content Marketing Strategist Marketing 1,259,300 JMD
Copy Editer Marketing 803,400 JMD
Copy Writer Marketing 810,200 JMD
Creative Marketing Lead Marketing 1,259,300 JMD
Creative Writer Marketing 782,500 JMD
Digital Marketer Marketing 1,145,100 JMD
Digital Marketing Manager Marketing 1,570,900 JMD
Digital Marketing Strategist Marketing 1,547,500 JMD
Digital Media Specialist Marketing 1,428,800 JMD
Director of Marketing Marketing 2,100,900 JMD
Director of Research Marketing 1,537,500 JMD
eMarketing Manager Marketing 1,751,700 JMD
Event Marketing Marketing 1,621,400 JMD
Head of Executive Search Marketing 1,908,800 JMD
Key Affiliate Manager Marketing 1,606,100 JMD
Localization Manager Marketing 1,487,200 JMD
Market Development Executive Marketing 1,645,600 JMD
Market Development Manager Marketing 1,728,900 JMD
Market Research Analyst Marketing 1,417,600 JMD
Market Research Manager Marketing 1,547,500 JMD
Market Segmentation Director Marketing 1,668,900 JMD
Marketing Account Supervisor Marketing 1,249,900 JMD
Marketing Administrator Marketing 1,023,000 JMD
Marketing Advisor Marketing 1,212,800 JMD
Marketing Analyst Marketing 1,306,100 JMD
Marketing and Communications Officer Marketing 737,000 JMD
Marketing and Sales Head Marketing 2,124,400 JMD
Marketing Assistant Marketing 725,700 JMD
Marketing Associate Marketing 695,400 JMD
Marketing Communications Manager Marketing 1,487,200 JMD
Marketing Consultant Marketing 1,645,600 JMD
Marketing Coordinator Marketing 656,800 JMD
Marketing Director Marketing 2,110,600 JMD
Marketing Distribution Executive Marketing 1,693,600 JMD
Marketing Executive Marketing 1,668,900 JMD
Marketing Manager Marketing 2,254,400 JMD
Marketing Officer Marketing 743,300 JMD
Marketing Segment Manager Marketing 1,560,800 JMD
Marketing Specialist Marketing 1,094,000 JMD
Marketing Supervisor Marketing 1,296,900 JMD
Marketing Vice President Marketing 1,741,800 JMD
Marketing Writer Marketing 843,600 JMD
Online Marketing Analyst Marketing 1,189,900 JMD
Online Marketing Manager Marketing 1,487,200 JMD
Optimization Manager Marketing 1,428,800 JMD
Outbound Sales Marketing 1,007,400 JMD
Outreach Coordinator Marketing 906,500 JMD
Outreach Specialist Marketing 1,184,700 JMD
Product Development Marketing 1,428,800 JMD
Product Manager Marketing 1,678,300 JMD
Product Marketing Engineer Marketing 889,400 JMD
Product Marketing Executive Marketing 1,537,500 JMD
Product Marketing Manager Marketing 1,560,800 JMD
Product Researcher Marketing 874,300 JMD
Product Strategist Marketing 1,306,100 JMD
Product Strategy Researcher Marketing 1,235,600 JMD
Product Training Specialist Marketing 1,048,100 JMD
Project Manager Marketing 1,249,900 JMD
Publications Coordinator Marketing 773,400 JMD
Research Executive Marketing 1,440,700 JMD
Sales and Marketing Assistant Marketing 629,800 JMD
Sales and Marketing Coordinator Marketing 701,400 JMD
Sales and Marketing Director Marketing 2,065,400 JMD
Sales Director Marketing 1,990,300 JMD
Sales Management Support Marketing 724,000 JMD
Sales Manager Marketing 1,967,000 JMD
Search Marketing Strategist Marketing 1,788,300 JMD
Social Media Administrator Marketing 1,198,300 JMD
Social Media Specialist Marketing 1,185,300 JMD
Spaceman Analyst Marketing 659,400 JMD
Sponsorship Consultant Marketing 1,125,300 JMD
Team Leader Marketing 1,198,300 JMD
Telemarketer Marketing 605,700 JMD
Trade Marketing Executive Marketing 1,645,600 JMD
Trade Marketing Manager Marketing 1,678,300 JMD
Trade Marketing Professional Marketing 1,345,400 JMD
Trade Marketing Specialist Marketing 958,700 JMD
Web Analytics Manager Marketing 1,380,400 JMD
Web Content Manager Marketing 1,369,700 JMD

Salary Comparison by City

If you want to compare salaries with different cities in Jamaica, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Kingston 2,314,800 JMD

Link To or Reference This Page

We spend a lot of time collecting, cleaning, merging, and formatting the data that is shown on the site to be as useful to you as possible.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference World Salaries as the source. We appreciate your support!

  • "Average Chief Marketing Officer Salary in Jamaica for 2024". World Salaries. Accessed on March 28, 2024. https://worldsalaries.com/average-chief-marketing-officer-salary-in-jamaica/.

  • "Average Chief Marketing Officer Salary in Jamaica for 2024". World Salaries, https://worldsalaries.com/average-chief-marketing-officer-salary-in-jamaica/. Accessed 28 March, 2024

  • Average Chief Marketing Officer Salary in Jamaica for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-chief-marketing-officer-salary-in-jamaica/.