Average Fleet Manager Salary in Cayman Islands for 2024

In this article, we will look at the average Fleet Manager 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 Fleet Manager Make in Cayman Islands?

A Fleet Manager working in Cayman Islands will typically earn around 58,800 KYD per year, and this can range from the lowest average salary of about 29,400 KYD to the highest average salary of 92,400 KYD.

Average Annual Salary
58,800 KYD
Average Monthly Salary
4,900 KYD

Lowest Annual Salary
29,400 KYD
Lowest Monthly Salary
2,450 KYD

Highest Annual Salary
92,400 KYD
Highest Monthly Salary
7,700 KYD

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

Fleet 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 Fleet Manager Salaries in Cayman Islands

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

Salary ranges

We already know that a Fleet Manager can earn between 29,400 KYD and 92,400 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 Fleet Manager in Cayman Islands is 55,300 KYD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 55,300 KYD, and 50% of the population earn more than 55,300 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 Fleet Manager salary in Cayman Islands, 25% of the population are earning less than 40,300 KYD while 75% of the population earn more than 40,300 KYD.

75% of the population earn less than 71,600 KYD, and 25% of the population earn more than 71,600 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.

Fleet Manager 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 fleet 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 Fleet Manager in Cayman Islands that has less than two years of experience can expect to earn somewhere in the region of 33,300 KYD.
  • 2 - 5 Years Experience. With two to five years of experience the average Fleet Manager salary would increase to 45,800 KYD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Fleet Manager, the average salary would be 63,200 KYD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 73,800 KYD.
  • 15 - 20 Years Experience. A Fleet Manager with 15 to 20 years of experience can earn an average of 80,300 KYD.
  • 20+ Years Experience. For a Fleet Manager with more than 20 years, the expected average salary increases to 84,600 KYD.

Average Salary by Experience Chart

0-2 Years
33,300 KYD
2-5 Years +34%
45,800 KYD
5-10 Years +30%
63,200 KYD
10-15 Years +21%
73,800 KYD
15-20 Years +9%
80,300 KYD
20+ Years +5%
84,600 KYD

Fleet Manager 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 Fleet Manager 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 Fleet Manager in Cayman Islands with a high school education can earn an average salary of 41,400 KYD.

  • Certificate or Diploma. A Fleet Manager in Cayman Islands with a certificate or diploma education can earn an average salary of 59,100 KYD.

  • Bachelor's Degree. A Fleet Manager in Cayman Islands with a bachelor's degree education can earn an average salary of 83,400 KYD.

Average Salary by Education Chart

High School
41,400 KYD
Certificate or Diploma +43%
59,100 KYD
Bachelor's Degree +38%
83,400 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.

Fleet 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 Cayman Islands, a male fleet manager will earn an average of 62,600 KYD, while a female fleet manager will earn around 57,200 KYD.

This means that a male fleet manager earns approximately 9% more than a female fleet manager for performing the same job.

Average Salary by Gender Chart in Cayman Islands

Male
62,600 KYD
Female -9%
57,200 KYD

Fleet Manager 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 Fleet Manager in Cayman Islands is around 8% 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 = ( 8 ÷ 30 ) × 12  = 3%

What this means is that a Fleet Manager in Cayman Islands can expect to receive an average pay raise of around 3% 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%

Fleet Manager 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 Fleet Manager is a low bonus based job, with 36% of employees reporting at least one bonus in the last 12 months.

64% 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 5%.

Received Bonus
36%
No Bonus
64%

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 Fleet Manager

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

Job Title Category Salary
All Rounder Food / Hospitality / Tourism / Catering 15,400 KYD
Assistant Executive Housekeeper Food / Hospitality / Tourism / Catering 12,200 KYD
Assistant Food and Beverage Controller Food / Hospitality / Tourism / Catering 23,700 KYD
Assistant Food and Beverage Director Food / Hospitality / Tourism / Catering 48,300 KYD
Assistant Hospitality Manager Food / Hospitality / Tourism / Catering 51,400 KYD
Assistant Storekeeper Food / Hospitality / Tourism / Catering 9,500 KYD
Assistant Tour Manager Food / Hospitality / Tourism / Catering 27,400 KYD
Baker and Pastrycook Food / Hospitality / Tourism / Catering 13,900 KYD
Bakery Manager Food / Hospitality / Tourism / Catering 29,100 KYD
Bakery Superintendent Food / Hospitality / Tourism / Catering 19,000 KYD
Banquet Captain Food / Hospitality / Tourism / Catering 14,300 KYD
Banquet Manager Food / Hospitality / Tourism / Catering 20,900 KYD
Banquet Server Food / Hospitality / Tourism / Catering 12,800 KYD
Bar Attendant Food / Hospitality / Tourism / Catering 13,900 KYD
Bar Manager Food / Hospitality / Tourism / Catering 26,900 KYD
Bar Supervisor Food / Hospitality / Tourism / Catering 18,600 KYD
Barista Food / Hospitality / Tourism / Catering 17,100 KYD
Bartender Food / Hospitality / Tourism / Catering 14,300 KYD
Bellman Food / Hospitality / Tourism / Catering 12,800 KYD
Beverage Manager Food / Hospitality / Tourism / Catering 30,200 KYD
Bistro Attendant Food / Hospitality / Tourism / Catering 13,900 KYD
Buffet Chef Food / Hospitality / Tourism / Catering 22,200 KYD
Buffet Host Food / Hospitality / Tourism / Catering 12,500 KYD
Buffet Manager Food / Hospitality / Tourism / Catering 26,500 KYD
Butcher and Slaughterer Food / Hospitality / Tourism / Catering 12,300 KYD
Cafeteria Assistant Food / Hospitality / Tourism / Catering 13,900 KYD
Cafeteria Manager Food / Hospitality / Tourism / Catering 22,200 KYD
Cafeteria Supervisor Food / Hospitality / Tourism / Catering 15,700 KYD
Cake Decorator Food / Hospitality / Tourism / Catering 12,900 KYD
Casino Shift Manager Food / Hospitality / Tourism / Catering 42,700 KYD
Chain Store Customer Support Food / Hospitality / Tourism / Catering 23,000 KYD
Chef Food / Hospitality / Tourism / Catering 22,800 KYD
Chef De Cuisine Food / Hospitality / Tourism / Catering 32,200 KYD
Club Manager Food / Hospitality / Tourism / Catering 48,600 KYD
Cluster Director Food / Hospitality / Tourism / Catering 59,500 KYD
Cluster Revenue Manager Food / Hospitality / Tourism / Catering 44,900 KYD
Cocktail Server Food / Hospitality / Tourism / Catering 11,800 KYD
Coffee Shop Manager Food / Hospitality / Tourism / Catering 44,500 KYD
Concierge Food / Hospitality / Tourism / Catering 11,900 KYD
Confectionery Baker Food / Hospitality / Tourism / Catering 12,900 KYD
Conference and Sales Coordinator Food / Hospitality / Tourism / Catering 23,700 KYD
Conference Services Manager Food / Hospitality / Tourism / Catering 26,500 KYD
Cook Food / Hospitality / Tourism / Catering 18,600 KYD
Corporate Sous Chef Food / Hospitality / Tourism / Catering 32,600 KYD
Corporate Travel Consultant Food / Hospitality / Tourism / Catering 33,000 KYD
Croupier Food / Hospitality / Tourism / Catering 19,100 KYD
Culinary Assistant Food / Hospitality / Tourism / Catering 12,300 KYD
Culinary Associate Food / Hospitality / Tourism / Catering 12,100 KYD
Demi Chef Food / Hospitality / Tourism / Catering 26,400 KYD
Dietary Aide Food / Hospitality / Tourism / Catering 26,400 KYD
Dining Room Supervisor Food / Hospitality / Tourism / Catering 20,000 KYD
Dishwasher Food / Hospitality / Tourism / Catering 8,100 KYD
Duty Manager Food / Hospitality / Tourism / Catering 29,300 KYD
Events Coordinator Food / Hospitality / Tourism / Catering 19,200 KYD
Executive Chef Food / Hospitality / Tourism / Catering 27,700 KYD
Executive Pastry Chef Food / Hospitality / Tourism / Catering 23,400 KYD
Fast Food Cook Food / Hospitality / Tourism / Catering 20,400 KYD
Fast Food Shift Supervisor Food / Hospitality / Tourism / Catering 21,100 KYD
Fine Dining Cook Food / Hospitality / Tourism / Catering 34,900 KYD
Fine Dining Restaurant Chef Food / Hospitality / Tourism / Catering 35,400 KYD
Food and Beverage Manager Food / Hospitality / Tourism / Catering 49,000 KYD
Food Consultant Food / Hospitality / Tourism / Catering 35,200 KYD
Food Safety Coordinator Food / Hospitality / Tourism / Catering 26,900 KYD
Food Server Food / Hospitality / Tourism / Catering 12,800 KYD
Food Service Director Food / Hospitality / Tourism / Catering 49,000 KYD
Food Service Manager Food / Hospitality / Tourism / Catering 48,300 KYD
Food Service Sales Food / Hospitality / Tourism / Catering 27,700 KYD
Food Service Worker Food / Hospitality / Tourism / Catering 13,700 KYD
Front Desk Agent Food / Hospitality / Tourism / Catering 14,500 KYD
Front Desk Clerk Food / Hospitality / Tourism / Catering 12,900 KYD
Front Office Manager Food / Hospitality / Tourism / Catering 27,300 KYD
Guest Service Executive Food / Hospitality / Tourism / Catering 40,300 KYD
Guest Service Representative Food / Hospitality / Tourism / Catering 16,100 KYD
Head Chef Food / Hospitality / Tourism / Catering 27,700 KYD
Head Concierge Food / Hospitality / Tourism / Catering 19,100 KYD
Hospitality Director Food / Hospitality / Tourism / Catering 72,400 KYD
Hostess / Host Food / Hospitality / Tourism / Catering 15,500 KYD
Hotel Desk Clerk Food / Hospitality / Tourism / Catering 15,300 KYD
Hotel Maid Food / Hospitality / Tourism / Catering 8,100 KYD
Hotel Manager Food / Hospitality / Tourism / Catering 65,900 KYD
Hotel Sales Manager Food / Hospitality / Tourism / Catering 55,600 KYD
Hotel Service Supervisor Food / Hospitality / Tourism / Catering 39,600 KYD
Hotel Staff Food / Hospitality / Tourism / Catering 13,000 KYD
Inventory Coordinator Food / Hospitality / Tourism / Catering 13,100 KYD
Kitchen Manager Food / Hospitality / Tourism / Catering 22,800 KYD
Kitchen Staff Food / Hospitality / Tourism / Catering 13,000 KYD
Kitchen Supervisor Food / Hospitality / Tourism / Catering 22,300 KYD
Line Cook Food / Hospitality / Tourism / Catering 23,000 KYD
Luggage Porter Food / Hospitality / Tourism / Catering 12,400 KYD
Motel Manager Food / Hospitality / Tourism / Catering 38,000 KYD
Pastry Chef Food / Hospitality / Tourism / Catering 22,600 KYD
Pastrycooking and Baking Assistant Food / Hospitality / Tourism / Catering 13,000 KYD
Production Operator Food / Hospitality / Tourism / Catering 17,800 KYD
Quality, Health and Safety Coordinator Food / Hospitality / Tourism / Catering 21,500 KYD
Receptionist Food / Hospitality / Tourism / Catering 15,300 KYD
Regional Restaurant Manager Food / Hospitality / Tourism / Catering 54,100 KYD
Restaurant Manager Food / Hospitality / Tourism / Catering 48,000 KYD
Restaurant Server Food / Hospitality / Tourism / Catering 12,500 KYD
Room Reservations Manager Food / Hospitality / Tourism / Catering 44,200 KYD
Room Service Manager Food / Hospitality / Tourism / Catering 43,100 KYD
Sous Chef Food / Hospitality / Tourism / Catering 27,800 KYD
Special Events Coordinator Food / Hospitality / Tourism / Catering 29,300 KYD
Supervisor of Food Services Food / Hospitality / Tourism / Catering 32,900 KYD
Tour Consultant Food / Hospitality / Tourism / Catering 33,000 KYD
Tour Guide Food / Hospitality / Tourism / Catering 23,100 KYD
Tour Manager Food / Hospitality / Tourism / Catering 30,700 KYD
Travel Agent Food / Hospitality / Tourism / Catering 26,200 KYD
Travel Consultant Food / Hospitality / Tourism / Catering 37,200 KYD
Waiter / Waitress Food / Hospitality / Tourism / Catering 13,700 KYD

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