Average Commercial Administrator Salary in Cayman Islands for 2024

In this article, we will look at the average Commercial Administrator salary for 2024 in Cayman Islands 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 Cayman Islands dollar. To keep things simple, we are using the KYD currency code instead of the currency symbol $.

How Much Does a Commercial Administrator Make in Cayman Islands?

A Commercial Administrator working in Cayman Islands will typically earn around 27,300 KYD per year, and this can range from the lowest average salary of about 14,000 KYD to the highest average salary of 46,200 KYD.

Average Annual Salary
27,300 KYD
Average Monthly Salary
2,275 KYD

Lowest Annual Salary
14,000 KYD
Lowest Monthly Salary
1,166 KYD

Highest Annual Salary
46,200 KYD
Highest Monthly Salary
3,850 KYD

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

Commercial Administrator 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 Commercial Administrator Salaries in Cayman Islands

So we've looked at the average salaries a Commercial Administrator will earn in Cayman Islands. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Commercial Administrator can earn between 14,000 KYD and 46,200 KYD on average in Cayman Islands. 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 Commercial Administrator in Cayman Islands is 27,300 KYD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 27,300 KYD, and 50% of the population earn more than 27,300 KYD.

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 Commercial Administrator salary in Cayman Islands, 25% of the population are earning less than 19,100 KYD while 75% of the population earn more than 19,100 KYD.

75% of the population earn less than 36,800 KYD, and 25% of the population earn more than 36,800 KYD.

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.

Commercial Administrator Salary by Experience Level in Cayman Islands

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 commercial administrator 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 Commercial Administrator in Cayman Islands that has less than two years of experience can expect to earn somewhere in the region of 19,100 KYD.
  • 2 - 5 Years Experience. With two to five years of experience the average Commercial Administrator salary would increase to 22,800 KYD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Commercial Administrator, the average salary would be 30,300 KYD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 35,200 KYD.
  • 15 - 20 Years Experience. A Commercial Administrator with 15 to 20 years of experience can earn an average of 39,300 KYD.
  • 20+ Years Experience. For a Commercial Administrator with more than 20 years, the expected average salary increases to 41,500 KYD.

Average Salary by Experience Chart

0-2 Years
19,100 KYD
2-5 Years +32%
22,800 KYD
5-10 Years +34%
30,300 KYD
10-15 Years +19%
35,200 KYD
15-20 Years +8%
39,300 KYD
20+ Years +7%
41,500 KYD

Commercial Administrator Salary by Education Level in Cayman Islands

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 Commercial Administrator in Cayman Islands 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 Commercial Administrator in Cayman Islands with a high school education can earn an average salary of 20,700 KYD.

  • Certificate or Diploma. A Commercial Administrator in Cayman Islands with a certificate or diploma education can earn an average salary of 23,600 KYD.

  • Bachelor's Degree. A Commercial Administrator in Cayman Islands with a bachelor's degree education can earn an average salary of 34,000 KYD.

  • Master's Degree. A Commercial Administrator in Cayman Islands with a master's degree education can earn an average salary of 41,500 KYD.

Average Salary by Education Chart

High School
20,700 KYD
Certificate or Diploma +14%
23,600 KYD
Bachelor's Degree +36%
34,000 KYD
Master's Degree +26%
41,500 KYD

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 Cayman Islands is around 16,200 to 48,600 KYD 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.

Commercial Administrator 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 Cayman Islands, a male commercial administrator will earn an average of 30,800 KYD, while a female commercial administrator will earn around 29,000 KYD.

This means that a male commercial administrator earns approximately 6% more than a female commercial administrator for performing the same job.

Average Salary by Gender Chart in Cayman Islands

Male
30,800 KYD
Female -6%
29,000 KYD

Commercial Administrator Average Pay Raise in Cayman Islands

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 Commercial Administrator in Cayman Islands is around 6% every 30 months.

The national average pay raise across all professions and industries in Cayman Islands 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 = ( 6 ÷ 30 ) × 12  = 2%

What this means is that a Commercial Administrator in Cayman Islands can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Cayman Islands for 2024

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

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

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Commercial Administrator Bonus and Incentive Rates in Cayman Islands

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

88% 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 0% to 3%.

Received Bonus
12%
No Bonus
88%

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 Cayman Islands earn approximately 17% more than private sector employees in the same role.

Public Sector
43,500 KYD
Private Sector -17%
37,200 KYD

Salaries for Jobs Similar to a Commercial Administrator

In the table below, we have salary information for jobs that are similar to a Commercial Administrator in Cayman Islands.

Job Title Category Salary
Accreditation Specialist Administration / Reception / Secretarial 45,000 KYD
Admin Clerk Administration / Reception / Secretarial 13,900 KYD
Admin Executive Administration / Reception / Secretarial 20,200 KYD
Administrative Aide Administration / Reception / Secretarial 17,000 KYD
Administrative Analyst Administration / Reception / Secretarial 26,500 KYD
Administrative Assistant Administration / Reception / Secretarial 18,200 KYD
Administrative Associate Administration / Reception / Secretarial 20,500 KYD
Administrative Coordinator Administration / Reception / Secretarial 20,000 KYD
Administrative Manager Administration / Reception / Secretarial 30,200 KYD
Administrative Officer Administration / Reception / Secretarial 17,800 KYD
Administrative Receptionist Administration / Reception / Secretarial 16,300 KYD
Administrative Secretary Administration / Reception / Secretarial 19,400 KYD
Administrative Specialist Administration / Reception / Secretarial 20,000 KYD
Administrative Support Administration / Reception / Secretarial 19,400 KYD
Administrative Technician Administration / Reception / Secretarial 18,400 KYD
Board Secretary Administration / Reception / Secretarial 20,300 KYD
Branch Office Administrator Administration / Reception / Secretarial 33,300 KYD
Business Administrator Administration / Reception / Secretarial 33,200 KYD
Business Office Manager Administration / Reception / Secretarial 50,800 KYD
Central Office Operator Administration / Reception / Secretarial 20,000 KYD
Clerical Assistant Administration / Reception / Secretarial 13,700 KYD
Clerk Administration / Reception / Secretarial 13,000 KYD
Commissions Processor Administration / Reception / Secretarial 24,800 KYD
Conveyancing Secretary Administration / Reception / Secretarial 19,400 KYD
Corporate Receptionist Administration / Reception / Secretarial 21,200 KYD
Creditors Clerk Administration / Reception / Secretarial 16,300 KYD
Data Entry Clerk Administration / Reception / Secretarial 13,000 KYD
Data Entry Specialist Administration / Reception / Secretarial 17,800 KYD
Document Controller Administration / Reception / Secretarial 19,100 KYD
Document Management Specialist Administration / Reception / Secretarial 27,400 KYD
Executive Administrative Assistant Administration / Reception / Secretarial 20,000 KYD
Executive Assistant Administration / Reception / Secretarial 23,000 KYD
Executive Officer Administration / Reception / Secretarial 23,600 KYD
Executive Personal Assistant Administration / Reception / Secretarial 23,600 KYD
Executive Secretary Administration / Reception / Secretarial 21,100 KYD
File Clerk Administration / Reception / Secretarial 13,500 KYD
Front Desk Attendant Administration / Reception / Secretarial 19,000 KYD
Front Desk Coordinator Administration / Reception / Secretarial 23,100 KYD
Front Desk Manager Administration / Reception / Secretarial 31,200 KYD
Front Desk Receptionist Administration / Reception / Secretarial 17,900 KYD
Front Desk Shift Leader Administration / Reception / Secretarial 23,100 KYD
Front Office Assistant Administration / Reception / Secretarial 15,700 KYD
Front Office Executive Administration / Reception / Secretarial 23,100 KYD
Group Services Manager Administration / Reception / Secretarial 51,300 KYD
Head Receptionist Administration / Reception / Secretarial 23,800 KYD
Inquiry and Admissions Clerk Administration / Reception / Secretarial 13,900 KYD
Key Account Assistant Administration / Reception / Secretarial 22,300 KYD
Keyboard and Data Entry Operator Administration / Reception / Secretarial 12,800 KYD
Leasing Administrator Administration / Reception / Secretarial 26,200 KYD
Legal Secretary Administration / Reception / Secretarial 22,600 KYD
Librarian Administration / Reception / Secretarial 22,400 KYD
Mail Processing Clerk Administration / Reception / Secretarial 13,000 KYD
Mail Sorting Clerk Administration / Reception / Secretarial 13,200 KYD
Mailroom Clerk Administration / Reception / Secretarial 11,900 KYD
Mailroom Manager Administration / Reception / Secretarial 23,800 KYD
Management Support Secretary Administration / Reception / Secretarial 19,200 KYD
Master Programme Coordinator Administration / Reception / Secretarial 35,200 KYD
Medical Receptionist Administration / Reception / Secretarial 20,000 KYD
Meeting and Event Assistant Administration / Reception / Secretarial 20,000 KYD
Meeting and Event Manager Administration / Reception / Secretarial 49,400 KYD
Night Manager Administration / Reception / Secretarial 27,200 KYD
Office Administrator Administration / Reception / Secretarial 30,800 KYD
Office Assistant Administration / Reception / Secretarial 13,500 KYD
Office Automation Clerk Administration / Reception / Secretarial 23,700 KYD
Office Clerk Administration / Reception / Secretarial 15,500 KYD
Office Coordinator Administration / Reception / Secretarial 17,900 KYD
Office Manager Administration / Reception / Secretarial 35,500 KYD
Office Services Coordinator Administration / Reception / Secretarial 27,300 KYD
Office Supervisor Administration / Reception / Secretarial 23,300 KYD
Operations Analyst Administration / Reception / Secretarial 39,500 KYD
Operations Clerk Administration / Reception / Secretarial 20,000 KYD
Operations Manager Administration / Reception / Secretarial 50,500 KYD
Personal Assistant Administration / Reception / Secretarial 21,200 KYD
Planning Assistant Administration / Reception / Secretarial 23,700 KYD
Process Expert Administration / Reception / Secretarial 30,100 KYD
Program Coordinator Administration / Reception / Secretarial 29,000 KYD
Programme Assistant Administration / Reception / Secretarial 22,200 KYD
Project Administrator Administration / Reception / Secretarial 35,300 KYD
Project Coordinator Administration / Reception / Secretarial 42,500 KYD
Query Administrator Administration / Reception / Secretarial 22,400 KYD
Reception Team Lead Administration / Reception / Secretarial 23,600 KYD
Receptionist Administration / Reception / Secretarial 19,200 KYD
Records Officer Administration / Reception / Secretarial 17,100 KYD
Registry Administrator Administration / Reception / Secretarial 20,900 KYD
Registry and Filing Clerk Administration / Reception / Secretarial 13,900 KYD
Rental Clerk Administration / Reception / Secretarial 13,900 KYD
Schedule Officer Administration / Reception / Secretarial 13,000 KYD
Scheduler Administration / Reception / Secretarial 14,500 KYD
School Secretary Administration / Reception / Secretarial 19,200 KYD
Secretary Administration / Reception / Secretarial 18,300 KYD
Service Reception Head Administration / Reception / Secretarial 23,800 KYD
Switchboard Operator Administration / Reception / Secretarial 16,400 KYD
Technical Program Manager Administration / Reception / Secretarial 45,100 KYD
Technical Project Manager Administration / Reception / Secretarial 46,200 KYD
Typist Administration / Reception / Secretarial 15,500 KYD
Unit Secretary Administration / Reception / Secretarial 16,300 KYD
Wayleave Officer Administration / Reception / Secretarial 12,400 KYD

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