Average Foundation Assistant Salary in British Virgin Islands for 2024

In this article, we will look at the average Foundation Assistant salary for 2024 in British Virgin 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 United States dollar. To keep things simple, we are using the USD currency code instead of the currency symbol $.

How Much Does a Foundation Assistant Make in British Virgin Islands?

A Foundation Assistant working in British Virgin Islands will typically earn around 9,980 USD per year, and this can range from the lowest average salary of about 5,780 USD to the highest average salary of 16,880 USD.

Average Annual Salary
9,980 USD
Average Monthly Salary
831 USD

Lowest Annual Salary
5,780 USD
Lowest Monthly Salary
481 USD

Highest Annual Salary
16,880 USD
Highest Monthly Salary
1,406 USD

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

Foundation Assistant 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 Foundation Assistant Salaries in British Virgin Islands

So we've looked at the average salaries a Foundation Assistant will earn in British Virgin Islands. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Foundation Assistant can earn between 5,780 USD and 16,880 USD on average in British Virgin 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 Foundation Assistant in British Virgin Islands is 10,220 USD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 10,220 USD, and 50% of the population earn more than 10,220 USD.

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 Foundation Assistant salary in British Virgin Islands, 25% of the population are earning less than 6,760 USD while 75% of the population earn more than 6,760 USD.

75% of the population earn less than 14,920 USD, and 25% of the population earn more than 14,920 USD.

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.

Foundation Assistant Salary by Experience Level in British Virgin 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 foundation assistant 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 Foundation Assistant in British Virgin Islands that has less than two years of experience can expect to earn somewhere in the region of 6,480 USD.
  • 2 - 5 Years Experience. With two to five years of experience the average Foundation Assistant salary would increase to 6,080 USD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Foundation Assistant, the average salary would be 9,740 USD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 12,120 USD.
  • 15 - 20 Years Experience. A Foundation Assistant with 15 to 20 years of experience can earn an average of 12,000 USD.
  • 20+ Years Experience. For a Foundation Assistant with more than 20 years, the expected average salary increases to 13,100 USD.

Average Salary by Experience Chart

0-2 Years
6,480 USD
2-5 Years +34%
6,080 USD
5-10 Years +48%
9,740 USD
10-15 Years +22%
12,120 USD
15-20 Years +9%
12,000 USD
20+ Years +8%
13,100 USD

Foundation Assistant Salary by Education Level in British Virgin 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 Foundation Assistant in British Virgin 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 Foundation Assistant in British Virgin Islands with a high school education can earn an average salary of 5,400 USD.

  • Certificate or Diploma. A Foundation Assistant in British Virgin Islands with a certificate or diploma education can earn an average salary of 10,380 USD.

  • Bachelor's Degree. A Foundation Assistant in British Virgin Islands with a bachelor's degree education can earn an average salary of 14,140 USD.

Average Salary by Education Chart

High School
5,400 USD
Certificate or Diploma +57%
10,380 USD
Bachelor's Degree +68%
14,140 USD

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 British Virgin Islands is around 9,160 to 27,500 USD 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.

Foundation Assistant 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 British Virgin Islands, a male foundation assistant will earn an average of 12,840 USD, while a female foundation assistant will earn around 9,440 USD.

This means that a male foundation assistant earns approximately 36% more than a female foundation assistant for performing the same job.

Average Salary by Gender Chart in British Virgin Islands

Male
12,840 USD
Female -36%
9,440 USD

Foundation Assistant Average Pay Raise in British Virgin 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 Foundation Assistant in British Virgin Islands is around 5% every 30 months.

The national average pay raise across all professions and industries in British Virgin Islands 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 = ( 5 ÷ 30 ) × 12  = 2%

What this means is that a Foundation Assistant in British Virgin Islands can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in British Virgin Islands for 2024

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

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
3%
Energy
6%
Information Technology
9%
Healthcare
3%
Travel
6%
Construction
9%
Education
3%

Foundation Assistant Bonus and Incentive Rates in British Virgin 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 Foundation Assistant is a low bonus based job, with 15% of employees reporting at least one bonus in the last 12 months.

85% 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 0% to 4%.

Received Bonus
15%
No Bonus
85%

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 British Virgin Islands earn approximately 11% more than private sector employees in the same role.

Public Sector
23,660 USD
Private Sector -11%
21,380 USD

Salaries for Jobs Similar to a Foundation Assistant

In the table below, we have salary information for jobs that are similar to a Foundation Assistant in British Virgin Islands.

Job Title Category Salary
Activity Aide Fundraising and Non Profit 7,300 USD
Activity Coordinator Fundraising and Non Profit 6,080 USD
Activity Leader Fundraising and Non Profit 13,900 USD
Adoption Specialist Fundraising and Non Profit 22,400 USD
Assistant Programme Officer Fundraising and Non Profit 14,540 USD
Campaign Manager Fundraising and Non Profit 27,300 USD
Charities Administrator Fundraising and Non Profit 18,260 USD
Charities Fundraiser Fundraising and Non Profit 18,780 USD
Civil Servant Fundraising and Non Profit 5,960 USD
Civil Service Administrator Fundraising and Non Profit 12,300 USD
Community Health Worker Fundraising and Non Profit 6,760 USD
Community Relations Representative Fundraising and Non Profit 12,200 USD
Community Service Manager Fundraising and Non Profit 23,140 USD
Community Volunteer Fundraising and Non Profit 6,080 USD
Community Worker Fundraising and Non Profit 6,200 USD
Custodial Worker Fundraising and Non Profit 8,780 USD
Education Planning Specialist Fundraising and Non Profit 23,260 USD
Foundation Director Fundraising and Non Profit 33,980 USD
Foundation Program Coordinator Fundraising and Non Profit 21,020 USD
Fundraiser Fundraising and Non Profit 15,920 USD
Fundraising Coordinator Fundraising and Non Profit 10,080 USD
Fundraising Director Fundraising and Non Profit 31,980 USD
Fundraising Manager Fundraising and Non Profit 29,640 USD
Grant Writer Fundraising and Non Profit 7,820 USD
Healthcare Social Worker Fundraising and Non Profit 6,280 USD
Homeless Shelter Worker Fundraising and Non Profit 5,200 USD
Major Gift Officer Fundraising and Non Profit 7,620 USD
Orphan Program Coordinator Fundraising and Non Profit 9,940 USD
Rehab Aide Fundraising and Non Profit 7,080 USD
Rehabilitation Aide Fundraising and Non Profit 8,780 USD
Social Worker Fundraising and Non Profit 5,200 USD
Sponsorship Coordinator Fundraising and Non Profit 12,300 USD
Volunteer Coordinator Fundraising and Non Profit 9,440 USD

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