Average Deputy Director Salary in Cayman Islands for 2024

In this article, we will look at the average Deputy Director 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 Deputy Director Make in Cayman Islands?

A Deputy Director working in Cayman Islands will typically earn around 61,400 KYD per year, and this can range from the lowest average salary of about 30,700 KYD to the highest average salary of 92,300 KYD.

Average Annual Salary
61,400 KYD
Average Monthly Salary
5,116 KYD

Lowest Annual Salary
30,700 KYD
Lowest Monthly Salary
2,558 KYD

Highest Annual Salary
92,300 KYD
Highest Monthly Salary
7,691 KYD

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

Deputy Director 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 Deputy Director Salaries in Cayman Islands

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

Salary ranges

We already know that a Deputy Director can earn between 30,700 KYD and 92,300 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 Deputy Director in Cayman Islands is 56,100 KYD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 56,100 KYD, and 50% of the population earn more than 56,100 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 Deputy Director salary in Cayman Islands, 25% of the population are earning less than 39,800 KYD while 75% of the population earn more than 39,800 KYD.

75% of the population earn less than 68,900 KYD, and 25% of the population earn more than 68,900 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.

Deputy Director 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 deputy director 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 Deputy Director in Cayman Islands that has less than two years of experience can expect to earn somewhere in the region of 39,500 KYD.
  • 2 - 5 Years Experience. With two to five years of experience the average Deputy Director salary would increase to 49,000 KYD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Deputy Director, the average salary would be 63,900 KYD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 73,100 KYD.
  • 15 - 20 Years Experience. A Deputy Director with 15 to 20 years of experience can earn an average of 82,200 KYD.
  • 20+ Years Experience. For a Deputy Director with more than 20 years, the expected average salary increases to 86,300 KYD.

Average Salary by Experience Chart

0-2 Years
39,500 KYD
2-5 Years +26%
49,000 KYD
5-10 Years +32%
63,900 KYD
10-15 Years +18%
73,100 KYD
15-20 Years +11%
82,200 KYD
20+ Years +6%
86,300 KYD

Deputy Director 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 Deputy Director 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 Deputy Director in Cayman Islands with a high school education can earn an average salary of 45,600 KYD.

  • Certificate or Diploma. A Deputy Director in Cayman Islands with a certificate or diploma education can earn an average salary of 51,400 KYD.

  • Bachelor's Degree. A Deputy Director in Cayman Islands with a bachelor's degree education can earn an average salary of 69,400 KYD.

  • Master's Degree. A Deputy Director in Cayman Islands with a master's degree education can earn an average salary of 83,800 KYD.

Average Salary by Education Chart

High School
45,600 KYD
Certificate or Diploma +13%
51,400 KYD
Bachelor's Degree +32%
69,400 KYD
Master's Degree +24%
83,800 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.

Deputy Director 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 deputy director will earn an average of 61,700 KYD, while a female deputy director will earn around 57,900 KYD.

This means that a male deputy director earns approximately 7% more than a female deputy director for performing the same job.

Average Salary by Gender Chart in Cayman Islands

Male
61,700 KYD
Female -7%
57,900 KYD

Deputy Director 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 Deputy Director in Cayman Islands is around 10% every 27 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 = ( 10 ÷ 27 ) × 12  = 4%

What this means is that a Deputy Director in Cayman Islands can expect to receive an average pay raise of around 4% 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%

Deputy Director 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 Deputy Director is a moderate bonus based job, with 59% of employees reporting at least one bonus in the last 12 months.

41% 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 6% to 7%.

Received Bonus
59%
No Bonus
41%

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 Deputy Director

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

Job Title Category Salary
Account Coordinator Executive and Management 35,200 KYD
Account Director Executive and Management 44,500 KYD
Account Executive Executive and Management 45,000 KYD
Account Manager Executive and Management 43,500 KYD
Administration Manager Executive and Management 42,800 KYD
Administration Officer Executive and Management 23,100 KYD
Administration Supervisor Executive and Management 33,000 KYD
Administrative Clerk Executive and Management 16,300 KYD
Administrative Officer Executive and Management 15,700 KYD
Area Director Executive and Management 40,700 KYD
Area Manager Executive and Management 40,500 KYD
Asset Protection Associate Executive and Management 44,200 KYD
Assistant Director Executive and Management 44,300 KYD
Assistant General Manager Executive and Management 44,200 KYD
Assistant Manager Executive and Management 48,200 KYD
Assistant Managing Director Executive and Management 51,400 KYD
Assistant Operations Manager Executive and Management 51,300 KYD
Assistant Project Manager Executive and Management 45,300 KYD
Assistant Section Head Executive and Management 37,800 KYD
Assistant to CEO Executive and Management 43,500 KYD
Assistant Vice President Executive and Management 49,300 KYD
Associate Account Director Executive and Management 45,300 KYD
Associate Director Executive and Management 43,100 KYD
Bid Manager Executive and Management 51,400 KYD
Branch Manager Executive and Management 46,900 KYD
Business Development Manager Executive and Management 58,700 KYD
Business Operations Associate Executive and Management 44,900 KYD
Business Operations Lead Executive and Management 48,200 KYD
Campaign Manager Executive and Management 49,300 KYD
Catering Coordinator Executive and Management 27,000 KYD
Catering Manager Executive and Management 43,100 KYD
CEO Executive and Management 84,900 KYD
Chairman of The Board Executive and Management 84,600 KYD
Chairman Office Manager Executive and Management 57,200 KYD
Chief Commercial Officer Executive and Management 63,900 KYD
Chief Corporate Officer Executive and Management 70,000 KYD
Chief Executive Officer Executive and Management 87,900 KYD
Chief Financial Officer Executive and Management 78,700 KYD
Chief Investment Officer Executive and Management 66,000 KYD
Chief of Staff Executive and Management 40,700 KYD
Chief Operating Officer Executive and Management 61,500 KYD
Chief Risk Officer Executive and Management 55,700 KYD
Client Account Manager Executive and Management 52,000 KYD
Client Accounts Officer Executive and Management 45,400 KYD
Client Services Manager Executive and Management 55,700 KYD
Commercial Director Executive and Management 61,400 KYD
Commercial Manager Executive and Management 52,600 KYD
Commercial Project Manager Executive and Management 45,800 KYD
Commodity Broker Executive and Management 35,200 KYD
COO Executive and Management 66,900 KYD
Corporate Affairs Executive Executive and Management 51,300 KYD
Corporate Compliance Director Executive and Management 58,200 KYD
Corporate Director Executive and Management 60,800 KYD
Corporate Officer Executive and Management 42,700 KYD
Corporate Partnerships Officer Executive and Management 39,000 KYD
Country Manager Executive and Management 67,800 KYD
Department Head Executive and Management 53,300 KYD
Department Manager Executive and Management 56,100 KYD
Department Supervisor Executive and Management 43,100 KYD
Deputy Manager Executive and Management 59,200 KYD
Director Executive and Management 63,400 KYD
Director of Accreditation Executive and Management 58,200 KYD
Director of Catering Services Executive and Management 49,800 KYD
Director of Client Services Executive and Management 58,700 KYD
Director of Facilities Management Executive and Management 45,800 KYD
Director of Operations Executive and Management 58,200 KYD
Director of Process Simplification Executive and Management 46,300 KYD
Director of Product Management Executive and Management 56,400 KYD
Director of Project Management Executive and Management 62,100 KYD
Director of Revenue Management Executive and Management 55,400 KYD
Director of Training and Development Executive and Management 53,800 KYD
Distribution Manager Executive and Management 60,700 KYD
Division Manager Executive and Management 53,300 KYD
Duty Manager Executive and Management 46,900 KYD
Engagement Manager Executive and Management 59,800 KYD
Executive Director Executive and Management 83,700 KYD
Executive Manager Executive and Management 74,500 KYD
Franchise Manager Executive and Management 73,300 KYD
General Manager Executive and Management 65,700 KYD
Global Master Data Manager Executive and Management 59,500 KYD
Global Technical Lead Executive and Management 41,300 KYD
Head of Investment Executive and Management 59,500 KYD
Head of Middle Office Executive and Management 51,500 KYD
Head of Projects Executive and Management 58,500 KYD
Head of Strategy Executive and Management 64,500 KYD
Head of Supply Chain Executive and Management 55,400 KYD
Head of Sustainability Executive and Management 48,200 KYD
Housing Manager Executive and Management 46,100 KYD
HSE Manager Executive and Management 46,900 KYD
Key Account Manager Executive and Management 50,700 KYD
Knowledge Manager Executive and Management 54,600 KYD
Location Manager Executive and Management 52,300 KYD
Logistics Executive Executive and Management 43,400 KYD
Logistics Manager Executive and Management 45,600 KYD
Management Consultant Executive and Management 46,700 KYD
Management Executive Executive and Management 61,800 KYD
Manager Executive and Management 59,500 KYD
Managing Director Executive and Management 67,800 KYD
MIS Executive Executive and Management 60,000 KYD
Ocean Services Manager Executive and Management 61,600 KYD
Operational Manager Executive and Management 58,200 KYD
Operations Analyst Executive and Management 51,300 KYD
Operations Assistant Executive and Management 43,500 KYD
Operations Director Executive and Management 64,900 KYD
Operations Executive Executive and Management 60,000 KYD
Operations Manager Executive and Management 63,100 KYD
Operations Supervisor Executive and Management 53,300 KYD
Planning Director Executive and Management 61,500 KYD
PMO Manager Executive and Management 51,100 KYD
Policy Administration Executive Executive and Management 45,300 KYD
Private Sector Executive Executive and Management 49,300 KYD
Product Development Manager Executive and Management 54,100 KYD
Product Executive Executive and Management 51,300 KYD
Production Executive Executive and Management 55,500 KYD
Production Manager Executive and Management 61,300 KYD
Production Supervisor Executive and Management 46,700 KYD
Program Director Executive and Management 58,500 KYD
Program Manager Executive and Management 61,600 KYD
Programme Coordinator Executive and Management 41,000 KYD
Project Control Manager Executive and Management 58,500 KYD
Project Coordinator Executive and Management 36,000 KYD
Project Management Officer Executive and Management 41,500 KYD
Project Manager Executive and Management 44,500 KYD
Project Portfolio Manager Executive and Management 44,200 KYD
Quality Manager Executive and Management 46,900 KYD
R/D Director Executive and Management 51,300 KYD
Regional Director Executive and Management 79,600 KYD
Regional Manager Executive and Management 61,800 KYD
Relationship Manager Executive and Management 58,200 KYD
Retail District Manager Executive and Management 41,400 KYD
Revenue Manager Executive and Management 46,700 KYD
Risk and Capital Manager Executive and Management 69,700 KYD
Risk Officer Executive and Management 43,400 KYD
Safety Manager Executive and Management 42,700 KYD
Section Head Executive and Management 45,000 KYD
Service Manager Executive and Management 46,100 KYD
Shift Supervisor Executive and Management 36,800 KYD
Solutions Manager Executive and Management 40,900 KYD
Supervisor Executive and Management 34,000 KYD
Supply Chain Manager Executive and Management 61,400 KYD
Surveyor Executive and Management 42,700 KYD
Technical Director Executive and Management 57,200 KYD
Technical Manager Executive and Management 58,700 KYD
Territory Manager Executive and Management 54,200 KYD
Validation Manager Executive and Management 49,300 KYD
Vice President Executive and Management 70,900 KYD
Zone Manager Executive and Management 63,900 KYD

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