Average Data Processing Manager Salary in Montserrat for 2024

In this article, we will look at the average Data Processing Manager salary for 2024 in Montserrat 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 Eastern Caribbean dollar. To keep things simple, we are using the XCD currency code instead of the currency symbol $.

How Much Does a Data Processing Manager Make in Montserrat?

A Data Processing Manager working in Montserrat will typically earn around 35,000 XCD per year, and this can range from the lowest average salary of about 17,760 XCD to the highest average salary of 56,140 XCD.

Average Annual Salary
35,000 XCD
Average Monthly Salary
2,916 XCD

Lowest Annual Salary
17,760 XCD
Lowest Monthly Salary
1,480 XCD

Highest Annual Salary
56,140 XCD
Highest Monthly Salary
4,678 XCD

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

Data Processing 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 Data Processing Manager Salaries in Montserrat

So we've looked at the average salaries a Data Processing Manager will earn in Montserrat. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Data Processing Manager can earn between 17,760 XCD and 56,140 XCD on average in Montserrat. 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 Data Processing Manager in Montserrat is 34,280 XCD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 34,280 XCD, and 50% of the population earn more than 34,280 XCD.

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 Data Processing Manager salary in Montserrat, 25% of the population are earning less than 25,220 XCD while 75% of the population earn more than 25,220 XCD.

75% of the population earn less than 45,600 XCD, and 25% of the population earn more than 45,600 XCD.

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.

Data Processing Manager Salary by Experience Level in Montserrat

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 data processing 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 Data Processing Manager in Montserrat that has less than two years of experience can expect to earn somewhere in the region of 21,020 XCD.
  • 2 - 5 Years Experience. With two to five years of experience the average Data Processing Manager salary would increase to 26,780 XCD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Data Processing Manager, the average salary would be 39,160 XCD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 46,840 XCD.
  • 15 - 20 Years Experience. A Data Processing Manager with 15 to 20 years of experience can earn an average of 50,580 XCD.
  • 20+ Years Experience. For a Data Processing Manager with more than 20 years, the expected average salary increases to 51,120 XCD.

Average Salary by Experience Chart

0-2 Years
21,020 XCD
2-5 Years +31%
26,780 XCD
5-10 Years +40%
39,160 XCD
10-15 Years +20%
46,840 XCD
15-20 Years +9%
50,580 XCD
20+ Years +8%
51,120 XCD

Data Processing Manager Salary by Education Level in Montserrat

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 Data Processing Manager in Montserrat 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 Data Processing Manager in Montserrat with a high school education can earn an average salary of 24,800 XCD.

  • Certificate or Diploma. A Data Processing Manager in Montserrat with a certificate or diploma education can earn an average salary of 28,720 XCD.

  • Bachelor's Degree. A Data Processing Manager in Montserrat with a bachelor's degree education can earn an average salary of 38,340 XCD.

  • Master's Degree. A Data Processing Manager in Montserrat with a master's degree education can earn an average salary of 50,660 XCD.

Average Salary by Education Chart

High School
24,800 XCD
Certificate or Diploma +15%
28,720 XCD
Bachelor's Degree +41%
38,340 XCD
Master's Degree +29%
50,660 XCD

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 Montserrat is around 13,600 to 40,700 XCD 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.

Data Processing 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 Montserrat, a male data processing manager will earn an average of 39,080 XCD, while a female data processing manager will earn around 34,160 XCD.

This means that a male data processing manager earns approximately 14% more than a female data processing manager for performing the same job.

Average Salary by Gender Chart in Montserrat

Male
39,080 XCD
Female -14%
34,160 XCD

Data Processing Manager Average Pay Raise in Montserrat

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 Data Processing Manager in Montserrat is around 9% every 28 months.

The national average pay raise across all professions and industries in Montserrat 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 = ( 9 ÷ 28 ) × 12  = 4%

What this means is that a Data Processing Manager in Montserrat can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Montserrat for 2024

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

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

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Data Processing Manager Bonus and Incentive Rates in Montserrat

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 Data Processing Manager is a low bonus based job, with 36% of employees reporting at least one bonus in the last 12 months.

64% 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 6%.

Received Bonus
36%
No Bonus
64%

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

Public Sector
34,540 XCD
Private Sector -10%
31,400 XCD

Salaries for Jobs Similar to a Data Processing Manager

In the table below, we have salary information for jobs that are similar to a Data Processing Manager in Montserrat.

Job Title Category Salary
Assistant Business Development Manager Business Planning 44,180 XCD
Assistant Merchandise Planner Business Planning 27,040 XCD
Business Advisor Business Planning 42,320 XCD
Business Analyst Business Planning 42,040 XCD
Business Consultant Business Planning 39,800 XCD
Business Continuity Associate Business Planning 23,480 XCD
Business Developer Business Planning 25,660 XCD
Business Development Analyst Business Planning 30,840 XCD
Business Development Associate Business Planning 21,380 XCD
Business Development Coordinator Business Planning 20,760 XCD
Business Development Director Business Planning 57,860 XCD
Business Development Engineer Business Planning 29,600 XCD
Business Development Executive Business Planning 44,300 XCD
Business Development Manager Business Planning 48,640 XCD
Business Development Specialist Business Planning 36,800 XCD
Business Manager Business Planning 45,260 XCD
Business Operations Specialist Business Planning 38,180 XCD
Business Process Writer Business Planning 24,280 XCD
Business Systems Analyst Business Planning 41,900 XCD
Capacity Planner Business Planning 27,620 XCD
Capacity Planning Supervisor Business Planning 39,960 XCD
Change Communications Analyst Business Planning 34,280 XCD
Change Control Analyst Business Planning 36,700 XCD
Change Impact Analyst Business Planning 38,340 XCD
Contracts Executive Business Planning 39,420 XCD
Corporate Strategy Analyst Business Planning 42,040 XCD
Cost Control Engineer Business Planning 25,680 XCD
Cost Controller Business Planning 31,540 XCD
Cost Estimator Business Planning 27,380 XCD
Data Executive Business Planning 21,640 XCD
Data Manager Business Planning 32,020 XCD
Development Researcher Business Planning 27,020 XCD
Director of Business Development Business Planning 55,580 XCD
Director of Production Planning Business Planning 48,740 XCD
Due Diligence Analyst Business Planning 42,040 XCD
Estimating Manager Business Planning 42,320 XCD
General Manager Business Planning 49,560 XCD
Incident Handler Business Planning 28,180 XCD
Incident Specialist Business Planning 34,280 XCD
Lean Consultant Business Planning 32,620 XCD
Manager Business Planning 50,980 XCD
Marketing and Business Development Manager Business Planning 48,920 XCD
Materials Planner Business Planning 17,860 XCD
Merchandise Assistant Business Planning 15,920 XCD
Merchandise Controller Business Planning 18,260 XCD
Merchandise Planner Business Planning 15,300 XCD
Operations Analyst Business Planning 36,800 XCD
Operations Manager Business Planning 40,040 XCD
Operations Research Analyst Business Planning 22,400 XCD
Planning and Reporting Manager Business Planning 43,220 XCD
Planning Director Business Planning 52,380 XCD
Project Administrator Business Planning 25,440 XCD
Project Manager Business Planning 40,560 XCD
Project Planner Business Planning 23,700 XCD
Research Assistant Business Planning 21,300 XCD
Research Engineer Business Planning 25,220 XCD
Research Officer Business Planning 18,280 XCD
Risk Management Specialist Business Planning 36,580 XCD
Scholarship Coordinator Business Planning 18,900 XCD
Store Planner Business Planning 19,360 XCD
Strategy Director Business Planning 52,300 XCD
Top Research and Development Executive Business Planning 58,800 XCD

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