Average Engineering Project Director Salary in Bahamas for 2024

In this article, we will look at the average Engineering Project Director 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 Engineering Project Director Make in Bahamas?

An Engineering Project Director working in Bahamas will typically earn around 83,000 BSD per year, and this can range from the lowest average salary of about 41,100 BSD to the highest average salary of 130,500 BSD.

Average Annual Salary
83,000 BSD
Average Monthly Salary
6,916 BSD

Lowest Annual Salary
41,100 BSD
Lowest Monthly Salary
3,425 BSD

Highest Annual Salary
130,500 BSD
Highest Monthly Salary
10,875 BSD

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

Engineering Project 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 Engineering Project Director Salaries in Bahamas

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

Salary ranges

We already know that an Engineering Project Director can earn between 41,100 BSD and 130,500 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 an Engineering Project Director in Bahamas is 86,100 BSD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 86,100 BSD, and 50% of the population earn more than 86,100 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 Engineering Project Director salary in Bahamas, 25% of the population are earning less than 57,200 BSD while 75% of the population earn more than 57,200 BSD.

75% of the population earn less than 114,600 BSD, and 25% of the population earn more than 114,600 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.

Engineering Project Director 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 engineering project 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. An Engineering Project Director in Bahamas that has less than two years of experience can expect to earn somewhere in the region of 46,200 BSD.
  • 2 - 5 Years Experience. With two to five years of experience the average Engineering Project Director salary would increase to 66,900 BSD.
  • 5 - 10 Years Experience. From five to ten years of experience as an Engineering Project Director, the average salary would be 86,600 BSD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 107,700 BSD.
  • 15 - 20 Years Experience. An Engineering Project Director with 15 to 20 years of experience can earn an average of 114,900 BSD.
  • 20+ Years Experience. For an Engineering Project Director with more than 20 years, the expected average salary increases to 123,800 BSD.

Average Salary by Experience Chart

0-2 Years
46,200 BSD
2-5 Years +42%
66,900 BSD
5-10 Years +31%
86,600 BSD
10-15 Years +23%
107,700 BSD
15-20 Years +6%
114,900 BSD
20+ Years +10%
123,800 BSD

Engineering Project Director 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 Engineering Project Director 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 Engineering Project Director in Bahamas with a bachelor's degree education can earn an average salary of 65,400 BSD.

  • Master's Degree. An Engineering Project Director in Bahamas with a master's degree education can earn an average salary of 83,000 BSD.

  • PhD. An Engineering Project Director in Bahamas with a phd education can earn an average salary of 125,400 BSD.

Average Salary by Education Chart

Bachelor's Degree
65,400 BSD
Master's Degree +28%
83,000 BSD
PhD +48%
125,400 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.

Engineering Project 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 Bahamas, a male engineering project director will earn an average of 88,000 BSD, while a female engineering project director will earn around 79,800 BSD.

This means that a male engineering project director earns approximately 10% more than a female engineering project director for performing the same job.

Average Salary by Gender Chart in Bahamas

Male
88,000 BSD
Female -10%
79,800 BSD

Engineering Project Director 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 Engineering Project Director in Bahamas is around 9% every 30 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 ÷ 30 ) × 12  = 4%

What this means is that an Engineering Project Director 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%

Engineering Project Director 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 Engineering Project Director is a moderate bonus based job, with 66% of employees reporting at least one bonus in the last 12 months.

34% 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
66%
No Bonus
34%

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 Engineering Project Director

In the table below, we have salary information for jobs that are similar to an Engineering Project Director in Bahamas.

Job Title Category Salary
Acoustics Engineer Engineering 40,300 BSD
Assembly Engineering Technician Engineering 32,300 BSD
Assistant Chief Engineer Engineering 46,700 BSD
Associate Engineer Engineering 35,200 BSD
AutoCAD Drafter Engineering 26,500 BSD
Autocad Operator Engineering 27,300 BSD
Automation Engineer Engineering 45,300 BSD
Automation Engineer Engineering 47,500 BSD
Avionic System Support Engineer Engineering 42,000 BSD
Biochemical Engineer Engineering 42,400 BSD
BMS Engineer Engineering 38,000 BSD
Bridge and Lock Tender Engineering 23,400 BSD
Broadcast Engineer Engineering 39,300 BSD
CAD Design Engineer Engineering 45,600 BSD
CAD Designer Engineering 28,800 BSD
CAE Engineer Engineering 40,700 BSD
Ceramics Engineer Engineering 41,300 BSD
Chemical Engineer Engineering 42,300 BSD
Civil Drafter Engineering 27,300 BSD
Civil Engineer Engineering 46,400 BSD
Civil Site Engineer Engineering 45,600 BSD
Civil Technician Engineering 27,100 BSD
Commissioning Engineer Engineering 43,400 BSD
Communications Engineer Engineering 45,600 BSD
Condition Monitoring Engineer Engineering 36,700 BSD
Contract Associate Engineer Engineering 42,700 BSD
Contract Engineer Engineering 39,100 BSD
Control Systems Engineer Engineering 41,500 BSD
Controls Engineer Engineering 41,000 BSD
Controls Software Engineer Engineering 40,500 BSD
Corrosion Engineer Engineering 39,100 BSD
Design Engineer Engineering 43,200 BSD
Director of Engineering Engineering 84,800 BSD
Drafter Engineering 24,200 BSD
Drafting Manager Engineering 49,400 BSD
Drilling Engineer Engineering 39,500 BSD
Drilling Foreman Engineering 14,700 BSD
Electrical Draughtsman Engineering 21,100 BSD
Electrical Engineer Engineering 47,500 BSD
Electrical Engineering Manager Engineering 60,600 BSD
Electromechanical Engineering Technologist Engineering 45,000 BSD
Electromechanical Equipment Assembler Engineering 21,500 BSD
Energy Engineer Engineering 47,500 BSD
Engine Assembler Engineering 20,400 BSD
Engineer Engineering 45,000 BSD
Engineering Account Manager Engineering 46,700 BSD
Engineering Chief Designer Engineering 47,800 BSD
Engineering Consultant Engineering 54,900 BSD
Engineering Key Account Manager Engineering 59,900 BSD
Engineering Lab Technician Engineering 38,700 BSD
Engineering Manager Engineering 58,800 BSD
Engineering Planning Manager Engineering 59,200 BSD
Engineering Production Manager Engineering 72,300 BSD
Engineering Project Analyst Engineering 49,700 BSD
Engineering Project Coordinator Engineering 49,400 BSD
Engineering Project Leader Engineering 53,600 BSD
Engineering Project Manager Engineering 63,100 BSD
Engineering Research and Development Manager Engineering 71,000 BSD
Engineering Safety Coordinator Engineering 33,500 BSD
Engineering Sales Manager Engineering 54,100 BSD
Engineering Technician Engineering 33,000 BSD
Engineering Technologist Engineering 35,100 BSD
Environmental Engineer Engineering 44,900 BSD
Equipment Engineer Engineering 36,700 BSD
Equipment Engineering Manager Engineering 55,100 BSD
Estimator Engineering 34,800 BSD
Fabrication Specialist Engineering 30,600 BSD
Fabricator Engineering 20,300 BSD
Facade Engineer Engineering 41,300 BSD
Fiber Analyst Engineering 26,500 BSD
Field Engineer Engineering 45,200 BSD
Field Engineering Manager Engineering 72,700 BSD
Fire Engineer Engineering 43,500 BSD
Fitter and Turner Engineering 12,000 BSD
Forestry Strategic Planner Engineering 50,500 BSD
Generation Engineer Engineering 44,300 BSD
Genetic Engineer Engineering 47,400 BSD
Geological Engineer Engineering 46,200 BSD
Geotechnical Engineer Engineering 46,000 BSD
Heavy Equipment Mechanic Engineering 20,000 BSD
Highway Engineer Engineering 45,000 BSD
HSE Professional Engineering 40,200 BSD
HVAC Engineer Engineering 45,100 BSD
HVAC Supervisor Engineering 39,100 BSD
Industrial Engineer Engineering 39,300 BSD
Industrial Engineering Technologist Engineering 41,000 BSD
Instrument Engineer Engineering 41,300 BSD
Instrument Technician Engineering 25,300 BSD
Instrumentation and Control Engineer Engineering 41,300 BSD
Instrumentation Designer Engineering 35,300 BSD
Instrumentation Engineer Engineering 41,000 BSD
Instrumentation Manager Engineering 42,400 BSD
Irrigation Engineer Engineering 41,900 BSD
Licensed Aircraft Engineer Engineering 45,600 BSD
Locomotive Engineer Engineering 39,300 BSD
Maintenance Engineer Engineering 41,300 BSD
Maintenance Fitter Engineering 13,100 BSD
Maintenance Manager Engineering 44,300 BSD
Manufacturing Engineer Engineering 41,400 BSD
Marine Engineer Engineering 42,700 BSD
Materials Engineer Engineering 40,300 BSD
Materials Researcher Engineering 40,700 BSD
Materials Technician Engineering 29,100 BSD
Mechanical and Electrical Engineer Engineering 44,500 BSD
Mechanical Design Engineer Engineering 45,600 BSD
Mechanical Designer Engineering 39,500 BSD
Mechanical Engineer Engineering 45,200 BSD
Mechanical Engineering Manager Engineering 58,400 BSD
Mechanical Inspector Engineering 40,900 BSD
Mechatronics Engineer Engineering 43,800 BSD
Mining Engineer Engineering 40,300 BSD
Oil and Petrochemical Engineer Engineering 47,600 BSD
Optical Engineer Engineering 43,400 BSD
Optical Instrument Assembler Engineering 19,300 BSD
PCB Assembler Engineering 16,300 BSD
Photonics Engineer Engineering 48,000 BSD
Photonics Technician Engineering 36,800 BSD
Pipeline Engineer Engineering 39,100 BSD
Piping Designer Engineering 22,800 BSD
Piping Engineer Engineering 38,700 BSD
Planning Engineer Engineering 42,400 BSD
Pressure Vessel Inspector Engineering 20,000 BSD
Principal Cost Engineer Engineering 43,800 BSD
Principal Engineer Engineering 39,800 BSD
Principal Support Engineer Engineering 42,500 BSD
Process Engineer Engineering 44,500 BSD
Process Operator Engineering 24,200 BSD
Product Development Engineer Engineering 46,100 BSD
Product Development Technician Engineering 31,800 BSD
Product Engineer Engineering 44,300 BSD
Product Safety Engineer Engineering 42,400 BSD
Production Engineer Engineering 38,900 BSD
Project Engineer Engineering 45,300 BSD
Proposal Manager Engineering 56,400 BSD
Purchasing Engineer Engineering 39,100 BSD
Quality Assurance Engineer Engineering 43,200 BSD
Rail Engineer Engineering 45,100 BSD
Regional Field Engineer Engineering 46,200 BSD
Robotics Engineer Engineering 46,000 BSD
Robotics Technician Engineering 35,300 BSD
Safety Engineer Engineering 44,300 BSD
Safety Inspector Engineering 33,000 BSD
Safety Manager Engineering 46,900 BSD
Safety Officer Engineering 23,000 BSD
Sales Engineer Engineering 45,000 BSD
Scheduling Engineer Engineering 39,100 BSD
Service Engineer Engineering 43,800 BSD
Solar Engineer Engineering 45,200 BSD
Staff Engineer Engineering 42,500 BSD
Static Equipment Engineer Engineering 39,500 BSD
Stationary Engineer Engineering 39,500 BSD
Stress Engineer Engineering 41,700 BSD
Structural Analysis Engineer Engineering 43,400 BSD
Structural Designer Engineering 36,900 BSD
Structural Engineer Engineering 43,500 BSD
Structural Technician Engineering 25,800 BSD
Supply Chain Specialist Engineering 42,700 BSD
Surveyor Engineering 30,300 BSD
Technical Affairs Officer Engineering 22,300 BSD
Technical Assistant Engineering 19,300 BSD
Technical Engineer Engineering 33,300 BSD
Technical Support Engineer Engineering 36,700 BSD
Tender Engineer Engineering 38,700 BSD
Test Development Engineer Engineering 42,500 BSD
Test Engineer Engineering 41,400 BSD
Transportation Engineer Engineering 40,600 BSD
Validation Engineer Engineering 36,700 BSD
Verification Engineer Engineering 42,000 BSD
Wastewater Engineer Engineering 42,800 BSD
Wind Energy Engineer Engineering 45,000 BSD
Wind Energy Operations Manager Engineering 59,500 BSD
Work Planner Engineering 30,800 BSD

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