Average General Manager Salary in Saint Kitts and Nevis for 2024

In this article, we will look at the average General Manager salary for 2024 in Saint Kitts and Nevis 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 Eastern Caribbean dollar. To keep things simple, we are using the XCD currency code instead of the currency symbol $.

How Much Does a General Manager Make in Saint Kitts and Nevis?

A General Manager working in Saint Kitts and Nevis will typically earn around 56,460 XCD per year, and this can range from the lowest average salary of about 27,300 XCD to the highest average salary of 93,120 XCD.

Average Annual Salary
56,460 XCD
Average Monthly Salary
4,705 XCD

Lowest Annual Salary
27,300 XCD
Lowest Monthly Salary
2,275 XCD

Highest Annual Salary
93,120 XCD
Highest Monthly Salary
7,760 XCD

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

General 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 General Manager Salaries in Saint Kitts and Nevis

So we've looked at the average salaries a General Manager will earn in Saint Kitts and Nevis. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a General Manager can earn between 27,300 XCD and 93,120 XCD on average in Saint Kitts and Nevis. 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 General Manager in Saint Kitts and Nevis is 61,840 XCD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 61,840 XCD, and 50% of the population earn more than 61,840 XCD.

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 General Manager salary in Saint Kitts and Nevis, 25% of the population are earning less than 38,340 XCD while 75% of the population earn more than 38,340 XCD.

75% of the population earn less than 83,400 XCD, and 25% of the population earn more than 83,400 XCD.

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.

General Manager Salary by Experience Level in Saint Kitts and Nevis

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 general 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 General Manager in Saint Kitts and Nevis that has less than two years of experience can expect to earn somewhere in the region of 30,700 XCD.
  • 2 - 5 Years Experience. With two to five years of experience the average General Manager salary would increase to 41,980 XCD.
  • 5 - 10 Years Experience. From five to ten years of experience as a General Manager, the average salary would be 57,860 XCD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 72,420 XCD.
  • 15 - 20 Years Experience. A General Manager with 15 to 20 years of experience can earn an average of 77,100 XCD.
  • 20+ Years Experience. For a General Manager with more than 20 years, the expected average salary increases to 84,180 XCD.

Average Salary by Experience Chart

0-2 Years
30,700 XCD
2-5 Years +34%
41,980 XCD
5-10 Years +48%
57,860 XCD
10-15 Years +22%
72,420 XCD
15-20 Years +9%
77,100 XCD
20+ Years +8%
84,180 XCD

General Manager Salary by Education Level in Saint Kitts and Nevis

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 General Manager in Saint Kitts and Nevis 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 General Manager in Saint Kitts and Nevis with a high school education can earn an average salary of 38,140 XCD.

  • Certificate or Diploma. A General Manager in Saint Kitts and Nevis with a certificate or diploma education can earn an average salary of 41,820 XCD.

  • Bachelor's Degree. A General Manager in Saint Kitts and Nevis with a bachelor's degree education can earn an average salary of 62,460 XCD.

  • Master's Degree. A General Manager in Saint Kitts and Nevis with a master's degree education can earn an average salary of 80,500 XCD.

Average Salary by Education Chart

High School
38,140 XCD
Certificate or Diploma +18%
41,820 XCD
Bachelor's Degree +45%
62,460 XCD
Master's Degree +31%
80,500 XCD

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 Saint Kitts and Nevis is around 16,900 to 50,700 XCD 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.

General 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 Saint Kitts and Nevis, a male general manager will earn an average of 63,700 XCD, while a female general manager will earn around 50,540 XCD.

This means that a male general manager earns approximately 26% more than a female general manager for performing the same job.

Average Salary by Gender Chart in Saint Kitts and Nevis

Male
63,700 XCD
Female -26%
50,540 XCD

General Manager Average Pay Raise in Saint Kitts and Nevis

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 General Manager in Saint Kitts and Nevis is around 9% every 28 months.

The national average pay raise across all professions and industries in Saint Kitts and Nevis 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 = ( 9 ÷ 28 ) × 12  = 4%

What this means is that a General Manager in Saint Kitts and Nevis can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Saint Kitts and Nevis for 2024

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

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%

General Manager Bonus and Incentive Rates in Saint Kitts and Nevis

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 General Manager is a moderate bonus based job, with 67% of employees reporting at least one bonus in the last 12 months.

33% 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
67%
No Bonus
33%

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 Saint Kitts and Nevis earn approximately 23% more than private sector employees in the same role.

Public Sector
45,200 XCD
Private Sector -23%
36,720 XCD

Salaries for Jobs Similar to a General Manager

In the table below, we have salary information for jobs that are similar to a General Manager in Saint Kitts and Nevis.

Job Title Category Salary
Assistant Business Development Manager Business Planning 50,340 XCD
Assistant Merchandise Planner Business Planning 28,680 XCD
Business Advisor Business Planning 50,520 XCD
Business Analyst Business Planning 50,080 XCD
Business Consultant Business Planning 45,720 XCD
Business Continuity Associate Business Planning 32,020 XCD
Business Developer Business Planning 32,620 XCD
Business Development Analyst Business Planning 37,740 XCD
Business Development Associate Business Planning 25,940 XCD
Business Development Coordinator Business Planning 25,720 XCD
Business Development Director Business Planning 70,260 XCD
Business Development Engineer Business Planning 36,020 XCD
Business Development Executive Business Planning 48,640 XCD
Business Development Manager Business Planning 63,700 XCD
Business Development Specialist Business Planning 48,820 XCD
Business Manager Business Planning 56,460 XCD
Business Operations Specialist Business Planning 45,620 XCD
Business Process Writer Business Planning 26,500 XCD
Business Systems Analyst Business Planning 45,580 XCD
Capacity Planner Business Planning 32,900 XCD
Capacity Planning Supervisor Business Planning 41,820 XCD
Change Communications Analyst Business Planning 41,820 XCD
Change Control Analyst Business Planning 45,060 XCD
Change Impact Analyst Business Planning 48,160 XCD
Contracts Executive Business Planning 47,120 XCD
Corporate Strategy Analyst Business Planning 49,020 XCD
Cost Control Engineer Business Planning 29,160 XCD
Cost Controller Business Planning 35,340 XCD
Cost Estimator Business Planning 31,380 XCD
Data Executive Business Planning 23,700 XCD
Data Manager Business Planning 37,620 XCD
Data Processing Manager Business Planning 42,960 XCD
Development Researcher Business Planning 37,620 XCD
Director of Business Development Business Planning 66,480 XCD
Director of Production Planning Business Planning 57,320 XCD
Due Diligence Analyst Business Planning 49,200 XCD
Estimating Manager Business Planning 55,220 XCD
Incident Handler Business Planning 34,980 XCD
Incident Specialist Business Planning 42,040 XCD
Lean Consultant Business Planning 35,420 XCD
Manager Business Planning 66,440 XCD
Marketing and Business Development Manager Business Planning 54,560 XCD
Materials Planner Business Planning 19,980 XCD
Merchandise Assistant Business Planning 21,100 XCD
Merchandise Controller Business Planning 21,540 XCD
Merchandise Planner Business Planning 21,020 XCD
Operations Analyst Business Planning 43,260 XCD
Operations Manager Business Planning 50,020 XCD
Operations Research Analyst Business Planning 27,480 XCD
Planning and Reporting Manager Business Planning 54,180 XCD
Planning Director Business Planning 61,840 XCD
Project Administrator Business Planning 31,080 XCD
Project Manager Business Planning 48,740 XCD
Project Planner Business Planning 27,020 XCD
Research Assistant Business Planning 29,040 XCD
Research Engineer Business Planning 30,220 XCD
Research Officer Business Planning 23,480 XCD
Risk Management Specialist Business Planning 45,620 XCD
Scholarship Coordinator Business Planning 22,340 XCD
Store Planner Business Planning 22,540 XCD
Strategy Director Business Planning 66,680 XCD
Top Research and Development Executive Business Planning 69,400 XCD

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