Average Division Manager Salary in Bahamas for 2024

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

A Division Manager working in Bahamas will typically earn around 63,200 BSD per year, and this can range from the lowest average salary of about 33,300 BSD to the highest average salary of 91,500 BSD.

Average Annual Salary
63,200 BSD
Average Monthly Salary
5,266 BSD

Lowest Annual Salary
33,300 BSD
Lowest Monthly Salary
2,775 BSD

Highest Annual Salary
91,500 BSD
Highest Monthly Salary
7,625 BSD

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

Division 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 Division Manager Salaries in Bahamas

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

Salary ranges

We already know that a Division Manager can earn between 33,300 BSD and 91,500 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 Division Manager in Bahamas is 57,100 BSD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 57,100 BSD, and 50% of the population earn more than 57,100 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 Division Manager salary in Bahamas, 25% of the population are earning less than 39,000 BSD while 75% of the population earn more than 39,000 BSD.

75% of the population earn less than 68,100 BSD, and 25% of the population earn more than 68,100 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.

Division 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 division 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 Division Manager in Bahamas that has less than two years of experience can expect to earn somewhere in the region of 36,800 BSD.
  • 2 - 5 Years Experience. With two to five years of experience the average Division Manager salary would increase to 49,700 BSD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Division Manager, the average salary would be 63,800 BSD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 77,000 BSD.
  • 15 - 20 Years Experience. A Division Manager with 15 to 20 years of experience can earn an average of 83,200 BSD.
  • 20+ Years Experience. For a Division Manager with more than 20 years, the expected average salary increases to 88,600 BSD.

Average Salary by Experience Chart

0-2 Years
36,800 BSD
2-5 Years +26%
49,700 BSD
5-10 Years +32%
63,800 BSD
10-15 Years +18%
77,000 BSD
15-20 Years +11%
83,200 BSD
20+ Years +6%
88,600 BSD

Division 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 Division 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 Division Manager in Bahamas with a high school education can earn an average salary of 48,200 BSD.

  • Certificate or Diploma. A Division Manager in Bahamas with a certificate or diploma education can earn an average salary of 51,800 BSD.

  • Bachelor's Degree. A Division Manager in Bahamas with a bachelor's degree education can earn an average salary of 68,800 BSD.

  • Master's Degree. A Division Manager in Bahamas with a master's degree education can earn an average salary of 87,700 BSD.

Average Salary by Education Chart

High School
48,200 BSD
Certificate or Diploma +13%
51,800 BSD
Bachelor's Degree +32%
68,800 BSD
Master's Degree +24%
87,700 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.

Division 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 division manager will earn an average of 62,600 BSD, while a female division manager will earn around 58,200 BSD.

This means that a male division manager earns approximately 8% more than a female division manager for performing the same job.

Average Salary by Gender Chart in Bahamas

Male
62,600 BSD
Female -8%
58,200 BSD

Division 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 Division Manager in Bahamas is around 10% every 27 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 = ( 10 ÷ 27 ) × 12  = 4%

What this means is that a Division Manager in Bahamas can expect to receive an average pay raise of around 4% 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%

Division 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 Division Manager 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 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 Division Manager

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

Job Title Category Salary
Account Coordinator Executive and Management 45,200 BSD
Account Director Executive and Management 57,100 BSD
Account Executive Executive and Management 58,200 BSD
Account Manager Executive and Management 51,300 BSD
Administration Manager Executive and Management 54,100 BSD
Administration Officer Executive and Management 31,200 BSD
Administration Supervisor Executive and Management 43,500 BSD
Administrative Clerk Executive and Management 24,400 BSD
Administrative Officer Executive and Management 21,700 BSD
Area Director Executive and Management 49,300 BSD
Area Manager Executive and Management 49,700 BSD
Asset Protection Associate Executive and Management 58,000 BSD
Assistant Director Executive and Management 56,800 BSD
Assistant General Manager Executive and Management 54,200 BSD
Assistant Manager Executive and Management 60,800 BSD
Assistant Managing Director Executive and Management 64,100 BSD
Assistant Operations Manager Executive and Management 67,600 BSD
Assistant Project Manager Executive and Management 57,800 BSD
Assistant Section Head Executive and Management 44,500 BSD
Assistant to CEO Executive and Management 50,700 BSD
Assistant Vice President Executive and Management 58,800 BSD
Associate Account Director Executive and Management 55,600 BSD
Associate Director Executive and Management 54,600 BSD
Bid Manager Executive and Management 63,100 BSD
Branch Manager Executive and Management 60,100 BSD
Business Development Manager Executive and Management 73,100 BSD
Business Operations Associate Executive and Management 56,600 BSD
Business Operations Lead Executive and Management 59,800 BSD
Campaign Manager Executive and Management 62,600 BSD
Catering Coordinator Executive and Management 35,300 BSD
Catering Manager Executive and Management 55,200 BSD
CEO Executive and Management 105,800 BSD
Chairman of The Board Executive and Management 105,800 BSD
Chairman Office Manager Executive and Management 68,300 BSD
Chief Commercial Officer Executive and Management 80,700 BSD
Chief Corporate Officer Executive and Management 84,900 BSD
Chief Executive Officer Executive and Management 107,700 BSD
Chief Financial Officer Executive and Management 105,200 BSD
Chief Investment Officer Executive and Management 80,200 BSD
Chief of Staff Executive and Management 48,600 BSD
Chief Operating Officer Executive and Management 80,500 BSD
Chief Risk Officer Executive and Management 71,400 BSD
Client Account Manager Executive and Management 61,700 BSD
Client Accounts Officer Executive and Management 54,100 BSD
Client Services Manager Executive and Management 68,200 BSD
Commercial Director Executive and Management 75,400 BSD
Commercial Manager Executive and Management 64,900 BSD
Commercial Project Manager Executive and Management 57,400 BSD
Commodity Broker Executive and Management 42,300 BSD
COO Executive and Management 78,700 BSD
Corporate Affairs Executive Executive and Management 66,900 BSD
Corporate Compliance Director Executive and Management 70,600 BSD
Corporate Director Executive and Management 78,200 BSD
Corporate Officer Executive and Management 53,300 BSD
Corporate Partnerships Officer Executive and Management 49,200 BSD
Country Manager Executive and Management 81,900 BSD
Department Head Executive and Management 66,900 BSD
Department Manager Executive and Management 65,700 BSD
Department Supervisor Executive and Management 60,900 BSD
Deputy Director Executive and Management 74,100 BSD
Deputy Manager Executive and Management 74,100 BSD
Director Executive and Management 79,000 BSD
Director of Accreditation Executive and Management 68,200 BSD
Director of Catering Services Executive and Management 64,300 BSD
Director of Client Services Executive and Management 68,500 BSD
Director of Facilities Management Executive and Management 60,900 BSD
Director of Operations Executive and Management 68,200 BSD
Director of Process Simplification Executive and Management 55,700 BSD
Director of Product Management Executive and Management 76,000 BSD
Director of Project Management Executive and Management 79,000 BSD
Director of Revenue Management Executive and Management 67,200 BSD
Director of Training and Development Executive and Management 69,800 BSD
Distribution Manager Executive and Management 68,500 BSD
Duty Manager Executive and Management 60,800 BSD
Engagement Manager Executive and Management 76,600 BSD
Executive Director Executive and Management 102,700 BSD
Executive Manager Executive and Management 87,500 BSD
Franchise Manager Executive and Management 91,600 BSD
General Manager Executive and Management 83,400 BSD
Global Master Data Manager Executive and Management 78,200 BSD
Global Technical Lead Executive and Management 47,400 BSD
Head of Investment Executive and Management 71,100 BSD
Head of Middle Office Executive and Management 70,000 BSD
Head of Projects Executive and Management 77,000 BSD
Head of Strategy Executive and Management 78,400 BSD
Head of Supply Chain Executive and Management 65,100 BSD
Head of Sustainability Executive and Management 62,100 BSD
Housing Manager Executive and Management 54,900 BSD
HSE Manager Executive and Management 58,600 BSD
Key Account Manager Executive and Management 60,200 BSD
Knowledge Manager Executive and Management 69,200 BSD
Location Manager Executive and Management 70,000 BSD
Logistics Executive Executive and Management 58,200 BSD
Logistics Manager Executive and Management 54,600 BSD
Management Consultant Executive and Management 57,200 BSD
Management Executive Executive and Management 73,300 BSD
Manager Executive and Management 69,800 BSD
Managing Director Executive and Management 89,300 BSD
MIS Executive Executive and Management 75,500 BSD
Ocean Services Manager Executive and Management 69,800 BSD
Operational Manager Executive and Management 76,800 BSD
Operations Analyst Executive and Management 65,100 BSD
Operations Assistant Executive and Management 50,000 BSD
Operations Director Executive and Management 77,100 BSD
Operations Executive Executive and Management 76,900 BSD
Operations Manager Executive and Management 79,800 BSD
Operations Supervisor Executive and Management 64,500 BSD
Planning Director Executive and Management 80,200 BSD
PMO Manager Executive and Management 65,900 BSD
Policy Administration Executive Executive and Management 60,600 BSD
Private Sector Executive Executive and Management 67,400 BSD
Product Development Manager Executive and Management 71,600 BSD
Product Executive Executive and Management 61,700 BSD
Production Executive Executive and Management 68,400 BSD
Production Manager Executive and Management 68,200 BSD
Production Supervisor Executive and Management 63,000 BSD
Program Director Executive and Management 75,000 BSD
Program Manager Executive and Management 73,700 BSD
Programme Coordinator Executive and Management 51,800 BSD
Project Control Manager Executive and Management 71,200 BSD
Project Coordinator Executive and Management 43,800 BSD
Project Management Officer Executive and Management 47,400 BSD
Project Manager Executive and Management 53,600 BSD
Project Portfolio Manager Executive and Management 57,800 BSD
Quality Manager Executive and Management 55,300 BSD
R/D Director Executive and Management 61,200 BSD
Regional Director Executive and Management 100,400 BSD
Regional Manager Executive and Management 74,000 BSD
Relationship Manager Executive and Management 72,700 BSD
Retail District Manager Executive and Management 50,300 BSD
Revenue Manager Executive and Management 58,000 BSD
Risk and Capital Manager Executive and Management 83,200 BSD
Risk Officer Executive and Management 58,600 BSD
Safety Manager Executive and Management 54,500 BSD
Section Head Executive and Management 53,300 BSD
Service Manager Executive and Management 58,500 BSD
Shift Supervisor Executive and Management 44,300 BSD
Solutions Manager Executive and Management 53,300 BSD
Supervisor Executive and Management 45,400 BSD
Supply Chain Manager Executive and Management 74,100 BSD
Surveyor Executive and Management 52,000 BSD
Technical Director Executive and Management 68,100 BSD
Technical Manager Executive and Management 68,500 BSD
Territory Manager Executive and Management 67,300 BSD
Validation Manager Executive and Management 61,200 BSD
Vice President Executive and Management 91,200 BSD
Zone Manager Executive and Management 71,400 BSD

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