Average Cluster Revenue Manager Salary in Bahamas for 2024

In this article, we will look at the average Cluster Revenue Manager 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 Cluster Revenue Manager Make in Bahamas?

A Cluster Revenue Manager working in Bahamas will typically earn around 54,500 BSD per year, and this can range from the lowest average salary of about 27,100 BSD to the highest average salary of 88,600 BSD.

Average Annual Salary
54,500 BSD
Average Monthly Salary
4,541 BSD

Lowest Annual Salary
27,100 BSD
Lowest Monthly Salary
2,258 BSD

Highest Annual Salary
88,600 BSD
Highest Monthly Salary
7,383 BSD

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

Cluster Revenue 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 Cluster Revenue Manager Salaries in Bahamas

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

Salary ranges

We already know that a Cluster Revenue Manager can earn between 27,100 BSD and 88,600 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 Cluster Revenue Manager in Bahamas is 56,600 BSD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 56,600 BSD, and 50% of the population earn more than 56,600 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 Cluster Revenue Manager salary in Bahamas, 25% of the population are earning less than 36,500 BSD while 75% of the population earn more than 36,500 BSD.

75% of the population earn less than 74,200 BSD, and 25% of the population earn more than 74,200 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.

Cluster Revenue Manager 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 cluster revenue 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 Cluster Revenue Manager in Bahamas that has less than two years of experience can expect to earn somewhere in the region of 32,200 BSD.
  • 2 - 5 Years Experience. With two to five years of experience the average Cluster Revenue Manager salary would increase to 45,600 BSD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Cluster Revenue Manager, the average salary would be 59,700 BSD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 73,700 BSD.
  • 15 - 20 Years Experience. A Cluster Revenue Manager with 15 to 20 years of experience can earn an average of 76,800 BSD.
  • 20+ Years Experience. For a Cluster Revenue Manager with more than 20 years, the expected average salary increases to 83,000 BSD.

Average Salary by Experience Chart

0-2 Years
32,200 BSD
2-5 Years +42%
45,600 BSD
5-10 Years +31%
59,700 BSD
10-15 Years +23%
73,700 BSD
15-20 Years +6%
76,800 BSD
20+ Years +10%
83,000 BSD

Cluster Revenue Manager 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 Cluster Revenue Manager 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 Cluster Revenue Manager in Bahamas with a high school education can earn an average salary of 39,800 BSD.

  • Certificate or Diploma. A Cluster Revenue Manager in Bahamas with a certificate or diploma education can earn an average salary of 55,300 BSD.

  • Bachelor's Degree. A Cluster Revenue Manager in Bahamas with a bachelor's degree education can earn an average salary of 75,900 BSD.

Average Salary by Education Chart

High School
39,800 BSD
Certificate or Diploma +47%
55,300 BSD
Bachelor's Degree +34%
75,900 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.

Cluster Revenue 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 Bahamas, a male cluster revenue manager will earn an average of 58,500 BSD, while a female cluster revenue manager will earn around 52,800 BSD.

This means that a male cluster revenue manager earns approximately 11% more than a female cluster revenue manager for performing the same job.

Average Salary by Gender Chart in Bahamas

Male
58,500 BSD
Female -11%
52,800 BSD

Cluster Revenue Manager 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 Cluster Revenue Manager in Bahamas is around 7% every 29 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 ÷ 29 ) × 12  = 3%

What this means is that a Cluster Revenue Manager 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%

Cluster Revenue Manager 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 Cluster Revenue Manager is a moderate bonus based job, with 65% of employees reporting at least one bonus in the last 12 months.

35% 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
65%
No Bonus
35%

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 Cluster Revenue Manager

In the table below, we have salary information for jobs that are similar to a Cluster Revenue Manager in Bahamas.

Job Title Category Salary
All Rounder Food / Hospitality / Tourism / Catering 20,500 BSD
Assistant Executive Housekeeper Food / Hospitality / Tourism / Catering 14,200 BSD
Assistant Food and Beverage Controller Food / Hospitality / Tourism / Catering 29,300 BSD
Assistant Food and Beverage Director Food / Hospitality / Tourism / Catering 62,500 BSD
Assistant Hospitality Manager Food / Hospitality / Tourism / Catering 63,800 BSD
Assistant Storekeeper Food / Hospitality / Tourism / Catering 14,700 BSD
Assistant Tour Manager Food / Hospitality / Tourism / Catering 29,400 BSD
Baker and Pastrycook Food / Hospitality / Tourism / Catering 15,300 BSD
Bakery Manager Food / Hospitality / Tourism / Catering 37,300 BSD
Bakery Superintendent Food / Hospitality / Tourism / Catering 25,400 BSD
Banquet Captain Food / Hospitality / Tourism / Catering 20,900 BSD
Banquet Manager Food / Hospitality / Tourism / Catering 27,300 BSD
Banquet Server Food / Hospitality / Tourism / Catering 13,500 BSD
Bar Attendant Food / Hospitality / Tourism / Catering 17,100 BSD
Bar Manager Food / Hospitality / Tourism / Catering 34,100 BSD
Bar Supervisor Food / Hospitality / Tourism / Catering 23,700 BSD
Barista Food / Hospitality / Tourism / Catering 20,400 BSD
Bartender Food / Hospitality / Tourism / Catering 19,000 BSD
Bellman Food / Hospitality / Tourism / Catering 14,200 BSD
Beverage Manager Food / Hospitality / Tourism / Catering 36,200 BSD
Bistro Attendant Food / Hospitality / Tourism / Catering 15,700 BSD
Buffet Chef Food / Hospitality / Tourism / Catering 27,400 BSD
Buffet Host Food / Hospitality / Tourism / Catering 17,100 BSD
Buffet Manager Food / Hospitality / Tourism / Catering 36,600 BSD
Butcher and Slaughterer Food / Hospitality / Tourism / Catering 15,100 BSD
Cafeteria Assistant Food / Hospitality / Tourism / Catering 16,100 BSD
Cafeteria Manager Food / Hospitality / Tourism / Catering 26,900 BSD
Cafeteria Supervisor Food / Hospitality / Tourism / Catering 22,300 BSD
Cake Decorator Food / Hospitality / Tourism / Catering 19,000 BSD
Casino Shift Manager Food / Hospitality / Tourism / Catering 51,900 BSD
Chain Store Customer Support Food / Hospitality / Tourism / Catering 22,800 BSD
Chef Food / Hospitality / Tourism / Catering 31,300 BSD
Chef De Cuisine Food / Hospitality / Tourism / Catering 41,900 BSD
Club Manager Food / Hospitality / Tourism / Catering 52,800 BSD
Cluster Director Food / Hospitality / Tourism / Catering 71,100 BSD
Cocktail Server Food / Hospitality / Tourism / Catering 15,100 BSD
Coffee Shop Manager Food / Hospitality / Tourism / Catering 52,800 BSD
Concierge Food / Hospitality / Tourism / Catering 15,400 BSD
Confectionery Baker Food / Hospitality / Tourism / Catering 20,300 BSD
Conference and Sales Coordinator Food / Hospitality / Tourism / Catering 27,300 BSD
Conference Services Manager Food / Hospitality / Tourism / Catering 35,300 BSD
Cook Food / Hospitality / Tourism / Catering 23,600 BSD
Corporate Sous Chef Food / Hospitality / Tourism / Catering 39,800 BSD
Corporate Travel Consultant Food / Hospitality / Tourism / Catering 42,500 BSD
Croupier Food / Hospitality / Tourism / Catering 20,000 BSD
Culinary Assistant Food / Hospitality / Tourism / Catering 14,700 BSD
Culinary Associate Food / Hospitality / Tourism / Catering 13,900 BSD
Demi Chef Food / Hospitality / Tourism / Catering 29,300 BSD
Dietary Aide Food / Hospitality / Tourism / Catering 30,200 BSD
Dining Room Supervisor Food / Hospitality / Tourism / Catering 29,600 BSD
Dishwasher Food / Hospitality / Tourism / Catering 12,800 BSD
Duty Manager Food / Hospitality / Tourism / Catering 35,000 BSD
Events Coordinator Food / Hospitality / Tourism / Catering 23,200 BSD
Executive Chef Food / Hospitality / Tourism / Catering 34,300 BSD
Executive Pastry Chef Food / Hospitality / Tourism / Catering 25,500 BSD
Fast Food Cook Food / Hospitality / Tourism / Catering 22,400 BSD
Fast Food Shift Supervisor Food / Hospitality / Tourism / Catering 27,300 BSD
Fine Dining Cook Food / Hospitality / Tourism / Catering 45,100 BSD
Fine Dining Restaurant Chef Food / Hospitality / Tourism / Catering 44,700 BSD
Fleet Manager Food / Hospitality / Tourism / Catering 74,000 BSD
Food and Beverage Manager Food / Hospitality / Tourism / Catering 54,200 BSD
Food Consultant Food / Hospitality / Tourism / Catering 48,600 BSD
Food Safety Coordinator Food / Hospitality / Tourism / Catering 34,400 BSD
Food Server Food / Hospitality / Tourism / Catering 14,000 BSD
Food Service Director Food / Hospitality / Tourism / Catering 54,200 BSD
Food Service Manager Food / Hospitality / Tourism / Catering 63,000 BSD
Food Service Sales Food / Hospitality / Tourism / Catering 36,800 BSD
Food Service Worker Food / Hospitality / Tourism / Catering 14,200 BSD
Front Desk Agent Food / Hospitality / Tourism / Catering 17,100 BSD
Front Desk Clerk Food / Hospitality / Tourism / Catering 17,100 BSD
Front Office Manager Food / Hospitality / Tourism / Catering 32,200 BSD
Guest Service Executive Food / Hospitality / Tourism / Catering 51,500 BSD
Guest Service Representative Food / Hospitality / Tourism / Catering 21,100 BSD
Head Chef Food / Hospitality / Tourism / Catering 36,600 BSD
Head Concierge Food / Hospitality / Tourism / Catering 24,400 BSD
Hospitality Director Food / Hospitality / Tourism / Catering 84,300 BSD
Hostess / Host Food / Hospitality / Tourism / Catering 18,000 BSD
Hotel Desk Clerk Food / Hospitality / Tourism / Catering 15,700 BSD
Hotel Maid Food / Hospitality / Tourism / Catering 12,600 BSD
Hotel Manager Food / Hospitality / Tourism / Catering 87,900 BSD
Hotel Sales Manager Food / Hospitality / Tourism / Catering 63,500 BSD
Hotel Service Supervisor Food / Hospitality / Tourism / Catering 50,000 BSD
Hotel Staff Food / Hospitality / Tourism / Catering 15,300 BSD
Inventory Coordinator Food / Hospitality / Tourism / Catering 19,200 BSD
Kitchen Manager Food / Hospitality / Tourism / Catering 27,200 BSD
Kitchen Staff Food / Hospitality / Tourism / Catering 15,100 BSD
Kitchen Supervisor Food / Hospitality / Tourism / Catering 24,400 BSD
Line Cook Food / Hospitality / Tourism / Catering 25,800 BSD
Luggage Porter Food / Hospitality / Tourism / Catering 13,600 BSD
Motel Manager Food / Hospitality / Tourism / Catering 49,400 BSD
Pastry Chef Food / Hospitality / Tourism / Catering 25,400 BSD
Pastrycooking and Baking Assistant Food / Hospitality / Tourism / Catering 18,300 BSD
Production Operator Food / Hospitality / Tourism / Catering 26,600 BSD
Quality, Health and Safety Coordinator Food / Hospitality / Tourism / Catering 27,300 BSD
Receptionist Food / Hospitality / Tourism / Catering 19,000 BSD
Regional Restaurant Manager Food / Hospitality / Tourism / Catering 71,700 BSD
Restaurant Manager Food / Hospitality / Tourism / Catering 59,800 BSD
Restaurant Server Food / Hospitality / Tourism / Catering 15,500 BSD
Room Reservations Manager Food / Hospitality / Tourism / Catering 56,100 BSD
Room Service Manager Food / Hospitality / Tourism / Catering 52,300 BSD
Sous Chef Food / Hospitality / Tourism / Catering 33,000 BSD
Special Events Coordinator Food / Hospitality / Tourism / Catering 33,000 BSD
Supervisor of Food Services Food / Hospitality / Tourism / Catering 38,000 BSD
Tour Consultant Food / Hospitality / Tourism / Catering 45,700 BSD
Tour Guide Food / Hospitality / Tourism / Catering 30,800 BSD
Tour Manager Food / Hospitality / Tourism / Catering 41,300 BSD
Travel Agent Food / Hospitality / Tourism / Catering 29,600 BSD
Travel Consultant Food / Hospitality / Tourism / Catering 45,600 BSD
Waiter / Waitress Food / Hospitality / Tourism / Catering 14,200 BSD

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