Average Electrical Engineering Manager Salary in Barbados for 2024

In this article, we will look at the average Electrical Engineering Manager salary for 2024 in Barbados 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 Barbadian dollar. To keep things simple, we are using the BBD currency code instead of the currency symbol $.

How Much Does an Electrical Engineering Manager Make in Barbados?

An Electrical Engineering Manager working in Barbados will typically earn around 57,360 BBD per year, and this can range from the lowest average salary of about 25,440 BBD to the highest average salary of 88,240 BBD.

Average Annual Salary
57,360 BBD
Average Monthly Salary
4,780 BBD

Lowest Annual Salary
25,440 BBD
Lowest Monthly Salary
2,120 BBD

Highest Annual Salary
88,240 BBD
Highest Monthly Salary
7,353 BBD

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

Electrical Engineering 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 Electrical Engineering Manager Salaries in Barbados

So we've looked at the average salaries an Electrical Engineering Manager will earn in Barbados. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Electrical Engineering Manager can earn between 25,440 BBD and 88,240 BBD on average in Barbados. 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 an Electrical Engineering Manager in Barbados is 59,240 BBD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 59,240 BBD, and 50% of the population earn more than 59,240 BBD.

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 Electrical Engineering Manager salary in Barbados, 25% of the population are earning less than 39,640 BBD while 75% of the population earn more than 39,640 BBD.

75% of the population earn less than 74,380 BBD, and 25% of the population earn more than 74,380 BBD.

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.

Electrical Engineering Manager Salary by Experience Level in Barbados

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 electrical engineering 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. An Electrical Engineering Manager in Barbados that has less than two years of experience can expect to earn somewhere in the region of 29,600 BBD.
  • 2 - 5 Years Experience. With two to five years of experience the average Electrical Engineering Manager salary would increase to 45,580 BBD.
  • 5 - 10 Years Experience. From five to ten years of experience as an Electrical Engineering Manager, the average salary would be 59,000 BBD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 72,120 BBD.
  • 15 - 20 Years Experience. An Electrical Engineering Manager with 15 to 20 years of experience can earn an average of 77,380 BBD.
  • 20+ Years Experience. For an Electrical Engineering Manager with more than 20 years, the expected average salary increases to 84,780 BBD.

Average Salary by Experience Chart

0-2 Years
29,600 BBD
2-5 Years +42%
45,580 BBD
5-10 Years +31%
59,000 BBD
10-15 Years +23%
72,120 BBD
15-20 Years +6%
77,380 BBD
20+ Years +10%
84,780 BBD

Electrical Engineering Manager Salary by Education Level in Barbados

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 an Electrical Engineering Manager in Barbados based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. An Electrical Engineering Manager in Barbados with a bachelor's degree education can earn an average salary of 50,580 BBD.

  • Master's Degree. An Electrical Engineering Manager in Barbados with a master's degree education can earn an average salary of 71,020 BBD.

Average Salary by Education Chart

Bachelor's Degree
50,580 BBD
Master's Degree +43%
71,020 BBD

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 Barbados is around 16,300 to 48,800 BBD 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.

Electrical Engineering 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 Barbados, a male electrical engineering manager will earn an average of 59,480 BBD, while a female electrical engineering manager will earn around 55,220 BBD.

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

Average Salary by Gender Chart in Barbados

Male
59,480 BBD
Female -8%
55,220 BBD

Electrical Engineering Manager Average Pay Raise in Barbados

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 an Electrical Engineering Manager in Barbados is around 6% every 33 months.

The national average pay raise across all professions and industries in Barbados 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 = ( 6 ÷ 33 ) × 12  = 2%

What this means is that an Electrical Engineering Manager in Barbados can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Barbados for 2024

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

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%

Electrical Engineering Manager Bonus and Incentive Rates in Barbados

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.

An Electrical Engineering Manager 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 Barbados earn approximately 8% more than private sector employees in the same role.

Public Sector
38,780 BBD
Private Sector -8%
36,020 BBD

Salaries for Jobs Similar to an Electrical Engineering Manager

In the table below, we have salary information for jobs that are similar to an Electrical Engineering Manager in Barbados.

Job Title Category Salary
Cable Installer and Locator Electrical and Electronics Trades 12,520 BBD
Cable Technician Electrical and Electronics Trades 9,940 BBD
Digital Design Engineer Electrical and Electronics Trades 42,320 BBD
Electrical Designer Electrical and Electronics Trades 34,280 BBD
Electrical Drafter Electrical and Electronics Trades 16,140 BBD
Electrical Maintenance Manager Electrical and Electronics Trades 50,520 BBD
Electrical Planner Electrical and Electronics Trades 27,480 BBD
Electrical Sales Engineer Electrical and Electronics Trades 38,060 BBD
Electrical Sales Representative Electrical and Electronics Trades 23,080 BBD
Electrical Service Technician Electrical and Electronics Trades 9,940 BBD
Electrical Technician Electrical and Electronics Trades 20,500 BBD
Electrical Worker Electrical and Electronics Trades 13,960 BBD
Electrician Electrical and Electronics Trades 19,020 BBD
Electromechanical Technician Electrical and Electronics Trades 20,520 BBD
Electronic Assembler Electrical and Electronics Trades 19,640 BBD
Electronic Drafter Electrical and Electronics Trades 14,540 BBD
Electronic Engineer Electrical and Electronics Trades 40,420 BBD
Electronic Service Engineer Electrical and Electronics Trades 37,620 BBD
Electronics Engineer Electrical and Electronics Trades 38,140 BBD
Electronics Instructor Electrical and Electronics Trades 39,160 BBD
Electronics Technician Electrical and Electronics Trades 16,980 BBD
Field Service Engineer Electrical and Electronics Trades 38,700 BBD
Field Service Technician Electrical and Electronics Trades 12,000 BBD
Hydroelectric Plant Technician Electrical and Electronics Trades 15,920 BBD
Hydroelectric Production Manager Electrical and Electronics Trades 51,100 BBD
Instrumentation Technician Electrical and Electronics Trades 14,660 BBD
Journeyman Electrician Electrical and Electronics Trades 16,340 BBD
Maintenance Electrician Electrical and Electronics Trades 13,900 BBD
Mechatronics Technician Electrical and Electronics Trades 19,360 BBD
Power Equipment Mechanic Electrical and Electronics Trades 14,920 BBD
Power Line Technician Electrical and Electronics Trades 13,960 BBD
Refrigeration and Airconditioning Mechanic Electrical and Electronics Trades 19,860 BBD
Security Service Engineer Electrical and Electronics Trades 36,020 BBD
Technical Manager Electrical and Electronics Trades 50,240 BBD
Turbine Fitter Electrical and Electronics Trades 12,840 BBD
Warehouse Attendant Electrical and Electronics Trades 9,140 BBD
Warehouse Manager Electrical and Electronics Trades 50,240 BBD
Watch Repairer Electrical and Electronics Trades 12,620 BBD

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