Average Energy Auditor Salary in Bahamas for 2024

In this article, we will look at the average Energy Auditor 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 an Energy Auditor Make in Bahamas?

An Energy Auditor working in Bahamas will typically earn around 57,000 BSD per year, and this can range from the lowest average salary of about 29,000 BSD to the highest average salary of 86,100 BSD.

Average Annual Salary
57,000 BSD
Average Monthly Salary
4,750 BSD

Lowest Annual Salary
29,000 BSD
Lowest Monthly Salary
2,416 BSD

Highest Annual Salary
86,100 BSD
Highest Monthly Salary
7,175 BSD

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

Energy Auditor 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 Energy Auditor Salaries in Bahamas

So we've looked at the average salaries an Energy Auditor will earn in Bahamas. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Energy Auditor can earn between 29,000 BSD and 86,100 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 an Energy Auditor in Bahamas is 57,000 BSD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 57,000 BSD, and 50% of the population earn more than 57,000 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 Energy Auditor salary in Bahamas, 25% of the population are earning less than 36,200 BSD while 75% of the population earn more than 36,200 BSD.

75% of the population earn less than 73,100 BSD, and 25% of the population earn more than 73,100 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.

Energy Auditor 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 energy auditor 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 Energy Auditor in Bahamas that has less than two years of experience can expect to earn somewhere in the region of 33,500 BSD.
  • 2 - 5 Years Experience. With two to five years of experience the average Energy Auditor salary would increase to 44,500 BSD.
  • 5 - 10 Years Experience. From five to ten years of experience as an Energy Auditor, the average salary would be 58,700 BSD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 71,800 BSD.
  • 15 - 20 Years Experience. An Energy Auditor with 15 to 20 years of experience can earn an average of 75,100 BSD.
  • 20+ Years Experience. For an Energy Auditor with more than 20 years, the expected average salary increases to 81,700 BSD.

Average Salary by Experience Chart

0-2 Years
33,500 BSD
2-5 Years +32%
44,500 BSD
5-10 Years +34%
58,700 BSD
10-15 Years +19%
71,800 BSD
15-20 Years +8%
75,100 BSD
20+ Years +7%
81,700 BSD

Energy Auditor 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 an Energy Auditor in Bahamas 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 Energy Auditor in Bahamas with a bachelor's degree education can earn an average salary of 46,700 BSD.

  • Master's Degree. An Energy Auditor in Bahamas with a master's degree education can earn an average salary of 74,700 BSD.

Average Salary by Education Chart

Bachelor's Degree
46,700 BSD
Master's Degree +58%
74,700 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.

Energy Auditor 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 energy auditor will earn an average of 58,700 BSD, while a female energy auditor will earn around 55,600 BSD.

This means that a male energy auditor earns approximately 6% more than a female energy auditor for performing the same job.

Average Salary by Gender Chart in Bahamas

Male
58,700 BSD
Female -6%
55,600 BSD

Energy Auditor 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 an Energy Auditor in Bahamas is around 9% 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 = ( 9 ÷ 27 ) × 12  = 4%

What this means is that an Energy Auditor 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%

Energy Auditor 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.

An Energy Auditor is a low bonus based job, with 38% of employees reporting at least one bonus in the last 12 months.

62% 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
38%
No Bonus
62%

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 an Energy Auditor

In the table below, we have salary information for jobs that are similar to an Energy Auditor in Bahamas.

Job Title Category Salary
Assistant Yard Manager Oil / Gas / Energy / Mining 44,800 BSD
Associate Analyst Oil / Gas / Energy / Mining 50,500 BSD
Associate Landman Oil / Gas / Energy / Mining 20,200 BSD
Auxiliary Equipment Operator Oil / Gas / Energy / Mining 17,100 BSD
Biomass Plant Technician Oil / Gas / Energy / Mining 22,600 BSD
Biomass Power Plant Manager Oil / Gas / Energy / Mining 62,100 BSD
Chemical Plant Operator Oil / Gas / Energy / Mining 36,700 BSD
Chief Contract Compliance Engineer Oil / Gas / Energy / Mining 47,400 BSD
Completions Engineer Oil / Gas / Energy / Mining 40,200 BSD
Cost Controller Oil / Gas / Energy / Mining 30,200 BSD
Cost Engineer Oil / Gas / Energy / Mining 42,300 BSD
Crude Oil Marketing Representative Oil / Gas / Energy / Mining 49,300 BSD
Dispatcher Oil / Gas / Energy / Mining 19,000 BSD
Distribution Manager Oil / Gas / Energy / Mining 59,500 BSD
Dragline Operator Oil / Gas / Energy / Mining 21,700 BSD
Driller Offsider Oil / Gas / Energy / Mining 17,000 BSD
Dump Truck Driver Oil / Gas / Energy / Mining 18,800 BSD
Electric and Gas Operations Manager Oil / Gas / Energy / Mining 98,300 BSD
Energy Advisor Oil / Gas / Energy / Mining 69,400 BSD
Energy Analyst Oil / Gas / Energy / Mining 61,200 BSD
Energy Dispatch Director Oil / Gas / Energy / Mining 76,800 BSD
Energy Technical Assistant Oil / Gas / Energy / Mining 27,200 BSD
Energy Technical Manager Oil / Gas / Energy / Mining 54,100 BSD
Energy Technical Support Manager Oil / Gas / Energy / Mining 54,900 BSD
Energy Technical Trainer Oil / Gas / Energy / Mining 38,000 BSD
Engineering Geologist Oil / Gas / Energy / Mining 79,000 BSD
Exploration Manager Oil / Gas / Energy / Mining 80,200 BSD
Field Safety Auditor Oil / Gas / Energy / Mining 48,600 BSD
Fluids Engineer Oil / Gas / Energy / Mining 42,600 BSD
Fuel Cell Engineer Oil / Gas / Energy / Mining 44,200 BSD
Fuel Cell Technician Oil / Gas / Energy / Mining 23,200 BSD
Fuels Handler Oil / Gas / Energy / Mining 20,000 BSD
Gas Compressor Operator Oil / Gas / Energy / Mining 20,900 BSD
Gas Distribution Plant Operator Oil / Gas / Energy / Mining 35,300 BSD
Gas Supply Manager Oil / Gas / Energy / Mining 65,500 BSD
Geologist Oil / Gas / Energy / Mining 75,100 BSD
Geophysicist Oil / Gas / Energy / Mining 83,800 BSD
Geothermal Production Manager Oil / Gas / Energy / Mining 73,300 BSD
Geothermal Technician Oil / Gas / Energy / Mining 32,900 BSD
HSE Engineer Oil / Gas / Energy / Mining 45,600 BSD
HSE Officer Oil / Gas / Energy / Mining 26,100 BSD
HSE Supervisor Oil / Gas / Energy / Mining 32,200 BSD
HSEQ Administrator Oil / Gas / Energy / Mining 30,700 BSD
Inspector Oil / Gas / Energy / Mining 39,300 BSD
Instructor Oil / Gas / Energy / Mining 39,500 BSD
Instrument Designer Oil / Gas / Energy / Mining 33,300 BSD
Lead Technical Field Advisor Oil / Gas / Energy / Mining 61,400 BSD
Logistics and Tool Coordinator Oil / Gas / Energy / Mining 36,200 BSD
Maintenance Engineer Oil / Gas / Energy / Mining 46,300 BSD
Maintenance Superintendent Oil / Gas / Energy / Mining 39,800 BSD
Material Controller Oil / Gas / Energy / Mining 30,100 BSD
Mine Engineer Oil / Gas / Energy / Mining 40,600 BSD
Mine Surveyor Oil / Gas / Energy / Mining 46,900 BSD
Mining Project Administrator Oil / Gas / Energy / Mining 39,100 BSD
Mining Project Assistant Oil / Gas / Energy / Mining 30,700 BSD
Mining Project Controls Consultant Oil / Gas / Energy / Mining 47,600 BSD
Mining Project Coordinator Oil / Gas / Energy / Mining 36,700 BSD
Mining Project Engineer Oil / Gas / Energy / Mining 44,900 BSD
Mining Project Manager Oil / Gas / Energy / Mining 55,100 BSD
Mining Site Manager Oil / Gas / Energy / Mining 58,100 BSD
Mining Team Leader Oil / Gas / Energy / Mining 44,700 BSD
NDT Technician Oil / Gas / Energy / Mining 27,300 BSD
Oil Service Unit Operator Oil / Gas / Energy / Mining 21,500 BSD
Oil Trader Oil / Gas / Energy / Mining 54,200 BSD
Oilwell Pumper Oil / Gas / Energy / Mining 15,700 BSD
Petroleum Engineer Oil / Gas / Energy / Mining 49,000 BSD
Petroleum Geologist Oil / Gas / Energy / Mining 80,400 BSD
Petroleum Pump System Operator Oil / Gas / Energy / Mining 26,200 BSD
Petroleum Technician Oil / Gas / Energy / Mining 27,800 BSD
Pipeline Technician Oil / Gas / Energy / Mining 19,100 BSD
Power Coordinator Oil / Gas / Energy / Mining 26,900 BSD
Power Plant Operations Manager Oil / Gas / Energy / Mining 81,400 BSD
Power Plant Operator Oil / Gas / Energy / Mining 36,700 BSD
Radio Operator Oil / Gas / Energy / Mining 18,600 BSD
Reliability Engineer Oil / Gas / Energy / Mining 42,600 BSD
Reservoir Engineer Oil / Gas / Energy / Mining 43,500 BSD
Risk Analyst Oil / Gas / Energy / Mining 52,800 BSD
Roughneck Oil / Gas / Energy / Mining 43,500 BSD
Scaffolder Oil / Gas / Energy / Mining 25,800 BSD
Shutdown Engineer Oil / Gas / Energy / Mining 35,000 BSD
Solar Energy Installation Manager Oil / Gas / Energy / Mining 64,300 BSD
Solar Energy Systems Engineer Oil / Gas / Energy / Mining 45,200 BSD
Solar Photovoltaic Installer Oil / Gas / Energy / Mining 30,800 BSD
Solar Thermal Technician Oil / Gas / Energy / Mining 26,400 BSD
Supply Operations Manager Oil / Gas / Energy / Mining 73,100 BSD
Sustainability Specialist Oil / Gas / Energy / Mining 67,500 BSD
System Development Advisor Oil / Gas / Energy / Mining 52,000 BSD
Tanker Truck Driver Oil / Gas / Energy / Mining 15,300 BSD
Utility Operator Oil / Gas / Energy / Mining 22,200 BSD
Wind Energy Project Manager Oil / Gas / Energy / Mining 60,500 BSD

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