Average Director of Events Salary in Cayman Islands for 2024

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

A Director of Events working in Cayman Islands will typically earn around 61,800 KYD per year, and this can range from the lowest average salary of about 30,100 KYD to the highest average salary of 98,800 KYD.

Average Annual Salary
61,800 KYD
Average Monthly Salary
5,150 KYD

Lowest Annual Salary
30,100 KYD
Lowest Monthly Salary
2,508 KYD

Highest Annual Salary
98,800 KYD
Highest Monthly Salary
8,233 KYD

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

Director of Events 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 Director of Events Salaries in Cayman Islands

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

Salary ranges

We already know that a Director of Events can earn between 30,100 KYD and 98,800 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 Director of Events in Cayman Islands is 62,600 KYD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 62,600 KYD, and 50% of the population earn more than 62,600 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 Director of Events salary in Cayman Islands, 25% of the population are earning less than 41,500 KYD while 75% of the population earn more than 41,500 KYD.

75% of the population earn less than 83,700 KYD, and 25% of the population earn more than 83,700 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.

Director of Events 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 director of events 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 Director of Events in Cayman Islands that has less than two years of experience can expect to earn somewhere in the region of 34,900 KYD.
  • 2 - 5 Years Experience. With two to five years of experience the average Director of Events salary would increase to 47,500 KYD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Director of Events, the average salary would be 63,800 KYD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 78,500 KYD.
  • 15 - 20 Years Experience. A Director of Events with 15 to 20 years of experience can earn an average of 83,300 KYD.
  • 20+ Years Experience. For a Director of Events with more than 20 years, the expected average salary increases to 92,000 KYD.

Average Salary by Experience Chart

0-2 Years
34,900 KYD
2-5 Years +29%
47,500 KYD
5-10 Years +38%
63,800 KYD
10-15 Years +24%
78,500 KYD
15-20 Years +7%
83,300 KYD
20+ Years +7%
92,000 KYD

Director of Events 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 Director of Events 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 Director of Events in Cayman Islands with a high school education can earn an average salary of 46,200 KYD.

  • Certificate or Diploma. A Director of Events in Cayman Islands with a certificate or diploma education can earn an average salary of 50,100 KYD.

  • Bachelor's Degree. A Director of Events in Cayman Islands with a bachelor's degree education can earn an average salary of 68,200 KYD.

  • Master's Degree. A Director of Events in Cayman Islands with a master's degree education can earn an average salary of 88,600 KYD.

Average Salary by Education Chart

High School
46,200 KYD
Certificate or Diploma +15%
50,100 KYD
Bachelor's Degree +35%
68,200 KYD
Master's Degree +26%
88,600 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.

Director of Events 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 director of events will earn an average of 63,500 KYD, while a female director of events will earn around 59,000 KYD.

This means that a male director of events earns approximately 8% more than a female director of events for performing the same job.

Average Salary by Gender Chart in Cayman Islands

Male
63,500 KYD
Female -8%
59,000 KYD

Director of Events 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 Director of Events in Cayman Islands is around 9% 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 = ( 9 ÷ 30 ) × 12  = 4%

What this means is that a Director of Events 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%

Director of Events 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 Director of Events 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 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 Director of Events

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

Job Title Category Salary
Advertising Account Executive Advertising / Graphic Design / Events 43,500 KYD
Advertising Account Manager Advertising / Graphic Design / Events 45,200 KYD
Advertising Account Planner Advertising / Graphic Design / Events 21,300 KYD
Advertising and Promotions Manager Advertising / Graphic Design / Events 65,100 KYD
Advertising Coordinator Advertising / Graphic Design / Events 29,100 KYD
Advertising Manager Advertising / Graphic Design / Events 64,100 KYD
Advertising Operations Manager Advertising / Graphic Design / Events 62,300 KYD
Advertising Sales Director Advertising / Graphic Design / Events 65,500 KYD
Advertising Strategic Planner Advertising / Graphic Design / Events 39,000 KYD
Advertising Team Leader Advertising / Graphic Design / Events 36,000 KYD
Animator Advertising / Graphic Design / Events 26,500 KYD
Art Director Advertising / Graphic Design / Events 40,300 KYD
Art Manager Advertising / Graphic Design / Events 39,800 KYD
Artist Advertising / Graphic Design / Events 31,400 KYD
Artworker Advertising / Graphic Design / Events 23,700 KYD
Assistant Art Director Advertising / Graphic Design / Events 29,300 KYD
Audio and Video Equipment Technician Advertising / Graphic Design / Events 23,800 KYD
Audio Engineer Advertising / Graphic Design / Events 25,800 KYD
Audiosual Technician Advertising / Graphic Design / Events 23,800 KYD
Broadcast Administrator Advertising / Graphic Design / Events 42,700 KYD
Catering Sales Advertising / Graphic Design / Events 23,600 KYD
Catering Trainer Advertising / Graphic Design / Events 29,100 KYD
Commercial and Industrial Designer Advertising / Graphic Design / Events 23,400 KYD
Conference Organiser Advertising / Graphic Design / Events 27,700 KYD
Content and Media Production Lead Advertising / Graphic Design / Events 45,300 KYD
CopyWriter Advertising / Graphic Design / Events 24,400 KYD
Creative Designer Advertising / Graphic Design / Events 27,700 KYD
Creative Director Advertising / Graphic Design / Events 39,800 KYD
Designer Advertising / Graphic Design / Events 21,500 KYD
Desktop Publisher Advertising / Graphic Design / Events 17,900 KYD
Digital Campaign Manager Advertising / Graphic Design / Events 40,700 KYD
Digital Media Manager Advertising / Graphic Design / Events 47,500 KYD
Digital Media Strategist Advertising / Graphic Design / Events 50,500 KYD
Director of Graphic Design Advertising / Graphic Design / Events 34,400 KYD
Director of Social Media Marketing Advertising / Graphic Design / Events 46,700 KYD
Events and Promotions Manager Advertising / Graphic Design / Events 61,500 KYD
Events Director Advertising / Graphic Design / Events 61,800 KYD
Exhibit Designer Advertising / Graphic Design / Events 29,400 KYD
Exhibit Display Coordinator Advertising / Graphic Design / Events 29,100 KYD
Exhibit Display Manager Advertising / Graphic Design / Events 38,000 KYD
Finisher Advertising / Graphic Design / Events 21,100 KYD
Graphic Artist Advertising / Graphic Design / Events 26,200 KYD
Graphic Design Specialist Advertising / Graphic Design / Events 26,500 KYD
Graphic Designer Advertising / Graphic Design / Events 26,400 KYD
Graphics Artist Advertising / Graphic Design / Events 26,500 KYD
Graphics Design Supervisor Advertising / Graphic Design / Events 30,300 KYD
Group Creative Director Advertising / Graphic Design / Events 45,300 KYD
Imagery Analyst Advertising / Graphic Design / Events 23,400 KYD
Imaging Technologist Advertising / Graphic Design / Events 20,400 KYD
Interaction Designer Advertising / Graphic Design / Events 21,200 KYD
Media Analyst Advertising / Graphic Design / Events 29,100 KYD
Media Executive Advertising / Graphic Design / Events 40,300 KYD
Media Planner Advertising / Graphic Design / Events 31,400 KYD
Media Production Coordinator Advertising / Graphic Design / Events 29,300 KYD
Media Production Manager Advertising / Graphic Design / Events 51,500 KYD
Media Project Manager Advertising / Graphic Design / Events 51,100 KYD
Media Relations Representative Advertising / Graphic Design / Events 42,500 KYD
Media Sales Executive Advertising / Graphic Design / Events 50,000 KYD
Meeting and Event Planner Advertising / Graphic Design / Events 29,100 KYD
Multimedia Artist Advertising / Graphic Design / Events 23,300 KYD
Multimedia Specialist Advertising / Graphic Design / Events 20,400 KYD
Photographer Advertising / Graphic Design / Events 21,100 KYD
PPC Campaign Manager Advertising / Graphic Design / Events 39,800 KYD
Print Production Manager Advertising / Graphic Design / Events 45,300 KYD
Product and Brand Manager Advertising / Graphic Design / Events 58,800 KYD
Sales Promotion Manager Advertising / Graphic Design / Events 60,000 KYD
Search Engine Optimization Specialist (SEO) Advertising / Graphic Design / Events 26,200 KYD
Sketch Artist Advertising / Graphic Design / Events 26,500 KYD
Social Media Executive Advertising / Graphic Design / Events 49,700 KYD
Social Media Manager Advertising / Graphic Design / Events 46,700 KYD
Social Media Marketing Manager Advertising / Graphic Design / Events 49,700 KYD
Social Media Strategist Advertising / Graphic Design / Events 45,300 KYD
Special Events Supervisor Advertising / Graphic Design / Events 35,200 KYD
Technical Typist Advertising / Graphic Design / Events 15,700 KYD
User Experience UX Designer Advertising / Graphic Design / Events 27,300 KYD
UX Designer Advertising / Graphic Design / Events 23,400 KYD

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