Average Clinical Project Manager Salary in Trinidad and Tobago for 2024

In this article, we will look at the average Clinical Project Manager salary for 2024 in Trinidad and Tobago 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 Trinidad and Tobago dollar. To keep things simple, we are using the TTD currency code instead of the currency symbol $.

How Much Does a Clinical Project Manager Make in Trinidad and Tobago?

A Clinical Project Manager working in Trinidad and Tobago will typically earn around 138,800 TTD per year, and this can range from the lowest average salary of about 63,400 TTD to the highest average salary of 225,700 TTD.

Average Annual Salary
138,800 TTD
Average Monthly Salary
11,566 TTD

Lowest Annual Salary
63,400 TTD
Lowest Monthly Salary
5,283 TTD

Highest Annual Salary
225,700 TTD
Highest Monthly Salary
18,808 TTD

These are average salaries for a Clinical Project Manager in Trinidad and Tobago and include benefits such as housing and transport. It's also possible for a Clinical Project Manager to earn more or less than the average salaries shown above.

Clinical Project 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 Clinical Project Manager Salaries in Trinidad and Tobago

So we've looked at the average salaries a Clinical Project Manager will earn in Trinidad and Tobago. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Clinical Project Manager can earn between 63,400 TTD and 225,700 TTD on average in Trinidad and Tobago. 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 Clinical Project Manager in Trinidad and Tobago is 152,000 TTD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 152,000 TTD, and 50% of the population earn more than 152,000 TTD.

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 Clinical Project Manager salary in Trinidad and Tobago, 25% of the population are earning less than 96,560 TTD while 75% of the population earn more than 96,560 TTD.

75% of the population earn less than 204,700 TTD, and 25% of the population earn more than 204,700 TTD.

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.

Clinical Project Manager Salary by Experience Level in Trinidad and Tobago

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 clinical project 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 Clinical Project Manager in Trinidad and Tobago that has less than two years of experience can expect to earn somewhere in the region of 74,060 TTD.
  • 2 - 5 Years Experience. With two to five years of experience the average Clinical Project Manager salary would increase to 99,560 TTD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Clinical Project Manager, the average salary would be 146,200 TTD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 176,800 TTD.
  • 15 - 20 Years Experience. A Clinical Project Manager with 15 to 20 years of experience can earn an average of 191,600 TTD.
  • 20+ Years Experience. For a Clinical Project Manager with more than 20 years, the expected average salary increases to 208,600 TTD.

Average Salary by Experience Chart

0-2 Years
74,060 TTD
2-5 Years +34%
99,560 TTD
5-10 Years +48%
146,200 TTD
10-15 Years +22%
176,800 TTD
15-20 Years +9%
191,600 TTD
20+ Years +8%
208,600 TTD

Clinical Project Manager Salary by Education Level in Trinidad and Tobago

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 Clinical Project Manager in Trinidad and Tobago 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 Clinical Project Manager in Trinidad and Tobago with a bachelor's degree education can earn an average salary of 84,740 TTD.

  • Master's Degree. A Clinical Project Manager in Trinidad and Tobago with a master's degree education can earn an average salary of 164,200 TTD.

Average Salary by Education Chart

Bachelor's Degree
84,740 TTD
Master's Degree +93%
164,200 TTD

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 Trinidad and Tobago is around 48,800 to 147,000 TTD 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.

Clinical Project 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 Trinidad and Tobago, a male clinical project manager will earn an average of 148,300 TTD, while a female clinical project manager will earn around 136,100 TTD.

This means that a male clinical project manager earns approximately 9% more than a female clinical project manager for performing the same job.

Average Salary by Gender Chart in Trinidad and Tobago

Male
148,300 TTD
Female -9%
136,100 TTD

Clinical Project Manager Average Pay Raise in Trinidad and Tobago

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 Clinical Project Manager in Trinidad and Tobago is around 7% every 29 months.

The national average pay raise across all professions and industries in Trinidad and Tobago 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 Clinical Project Manager in Trinidad and Tobago can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Trinidad and Tobago for 2024

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

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

Banking
3%
Energy
6%
Information Technology
9%
Healthcare
3%
Travel
6%
Construction
9%
Education
3%

Clinical Project Manager Bonus and Incentive Rates in Trinidad and Tobago

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 Clinical Project Manager is a low bonus based job, with 42% of employees reporting at least one bonus in the last 12 months.

58% 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 2% to 7%.

Received Bonus
42%
No Bonus
58%

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 Trinidad and Tobago earn approximately 12% more than private sector employees in the same role.

Public Sector
125,700 TTD
Private Sector -12%
112,460 TTD

Salaries for Jobs Similar to a Clinical Project Manager

In the table below, we have salary information for jobs that are similar to a Clinical Project Manager in Trinidad and Tobago.

Job Title Category Salary
Assistant Pharmacist Pharmaceutical and Biotechnology 105,080 TTD
Assistant Pharmacy Director Pharmaceutical and Biotechnology 187,300 TTD
Associate Medical Affairs Director Pharmaceutical and Biotechnology 265,000 TTD
Bioinformatics Scientist Pharmaceutical and Biotechnology 232,400 TTD
Bioinformatics Technician Pharmaceutical and Biotechnology 107,880 TTD
Biological Scientist Pharmaceutical and Biotechnology 261,300 TTD
Biological Technician Pharmaceutical and Biotechnology 102,160 TTD
Biomedical Engineer Pharmaceutical and Biotechnology 103,140 TTD
Biomedical Engineering Director Pharmaceutical and Biotechnology 204,700 TTD
Biostatistician Pharmaceutical and Biotechnology 167,100 TTD
Biotechnologist Pharmaceutical and Biotechnology 159,100 TTD
Biotechnology Lead Data Manager Pharmaceutical and Biotechnology 127,700 TTD
Chemical Process Technician Pharmaceutical and Biotechnology 112,460 TTD
Clinical Consultant Pharmaceutical and Biotechnology 152,000 TTD
Clinical Data Manager Pharmaceutical and Biotechnology 151,800 TTD
Clinical Data Specialist Pharmaceutical and Biotechnology 138,800 TTD
Clinical Informatics Specialist Pharmaceutical and Biotechnology 119,320 TTD
Clinical Operations Manager Pharmaceutical and Biotechnology 232,900 TTD
Clinical Pharmacist Pharmaceutical and Biotechnology 152,300 TTD
Clinical Pharmacy Specialist Pharmaceutical and Biotechnology 181,600 TTD
Clinical Programmer Pharmaceutical and Biotechnology 77,120 TTD
Clinical Research Associate Pharmaceutical and Biotechnology 138,200 TTD
Clinical Research Manager Pharmaceutical and Biotechnology 228,000 TTD
Clinical Study Manager Pharmaceutical and Biotechnology 197,600 TTD
Compliance Specialist Pharmaceutical and Biotechnology 163,800 TTD
Cytology Laboratory Technologist Pharmaceutical and Biotechnology 127,700 TTD
Cytotechnologist Pharmaceutical and Biotechnology 129,000 TTD
GCP Auditor Pharmaceutical and Biotechnology 137,400 TTD
Hospital Pharmacy Technician Pharmaceutical and Biotechnology 110,340 TTD
Manufacturing Engineer Pharmaceutical and Biotechnology 125,700 TTD
Medical Affairs Director Pharmaceutical and Biotechnology 254,700 TTD
Medical Representative Pharmaceutical and Biotechnology 103,900 TTD
Medical Science Liaison Pharmaceutical and Biotechnology 176,800 TTD
Molecular and Cellular Biologist Pharmaceutical and Biotechnology 266,000 TTD
Nuclear Pharmacist Pharmaceutical and Biotechnology 159,400 TTD
Pharmaceutical Manager Pharmaceutical and Biotechnology 263,900 TTD
Pharmaceutical Manufacturing Lead Pharmaceutical and Biotechnology 281,500 TTD
Pharmaceutical Operations Excellence Manager Pharmaceutical and Biotechnology 252,300 TTD
Pharmaceutical Process Engineer Pharmaceutical and Biotechnology 142,300 TTD
Pharmaceutical Production Assistant Manager Pharmaceutical and Biotechnology 180,300 TTD
Pharmaceutical Project Manager Pharmaceutical and Biotechnology 161,300 TTD
Pharmaceutical Quality Auditor Pharmaceutical and Biotechnology 176,800 TTD
Pharmaceutical Regulatory Affairs Assistant Pharmaceutical and Biotechnology 128,500 TTD
Pharmaceutical Regulatory Affairs Manager Pharmaceutical and Biotechnology 181,600 TTD
Pharmaceutical Regulatory Affairs Specialist Pharmaceutical and Biotechnology 142,300 TTD
Pharmaceutical Representative Pharmaceutical and Biotechnology 102,720 TTD
Pharmaceutical Research Associate Pharmaceutical and Biotechnology 159,100 TTD
Pharmaceutical Research Scientist Pharmaceutical and Biotechnology 222,300 TTD
Pharmaceutical Researcher Pharmaceutical and Biotechnology 232,900 TTD
Pharmaceutical Sales and Marketing Manager Pharmaceutical and Biotechnology 189,300 TTD
Pharmaceutical Sales Manager Pharmaceutical and Biotechnology 218,900 TTD
Pharmaceutical Sales Representative Pharmaceutical and Biotechnology 110,120 TTD
Pharmaceutical Supply Chain Manager Pharmaceutical and Biotechnology 239,000 TTD
Pharmaceutical Team Leader Pharmaceutical and Biotechnology 172,200 TTD
Pharmaceutical Technologist Pharmaceutical and Biotechnology 119,500 TTD
Pharmacist Pharmaceutical and Biotechnology 157,600 TTD
Pharmacy Aide Pharmaceutical and Biotechnology 97,300 TTD
Pharmacy Manager Pharmaceutical and Biotechnology 221,500 TTD
Pharmacy Stock Controller Pharmaceutical and Biotechnology 93,880 TTD
Pharmacy Technician Pharmaceutical and Biotechnology 86,520 TTD
Records Management Coordinator Pharmaceutical and Biotechnology 87,880 TTD
Shift Encapsulator Pharmaceutical and Biotechnology 96,160 TTD
Staff Pharmacist Pharmaceutical and Biotechnology 157,600 TTD

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