Average Grants Specialist Salary in United States Virgin Islands for 2024

In this article, we will look at the average Grants Specialist salary for 2024 in United States 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 Grants Specialist Make in United States Virgin Islands?

A Grants Specialist working in United States Virgin Islands will typically earn around 42,040 USD per year, and this can range from the lowest average salary of about 19,980 USD to the highest average salary of 60,840 USD.

Average Annual Salary
42,040 USD
Average Monthly Salary
3,503 USD

Lowest Annual Salary
19,980 USD
Lowest Monthly Salary
1,665 USD

Highest Annual Salary
60,840 USD
Highest Monthly Salary
5,070 USD

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

Grants Specialist 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 Grants Specialist Salaries in United States Virgin Islands

So we've looked at the average salaries a Grants Specialist will earn in United States Virgin Islands. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Grants Specialist can earn between 19,980 USD and 60,840 USD on average in United States 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 Grants Specialist in United States Virgin Islands is 39,640 USD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 39,640 USD, and 50% of the population earn more than 39,640 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 Grants Specialist salary in United States Virgin Islands, 25% of the population are earning less than 25,660 USD while 75% of the population earn more than 25,660 USD.

75% of the population earn less than 46,980 USD, and 25% of the population earn more than 46,980 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.

Grants Specialist Salary by Experience Level in United States 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 grants specialist 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 Grants Specialist in United States Virgin Islands that has less than two years of experience can expect to earn somewhere in the region of 24,800 USD.
  • 2 - 5 Years Experience. With two to five years of experience the average Grants Specialist salary would increase to 29,640 USD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Grants Specialist, the average salary would be 43,340 USD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 50,240 USD.
  • 15 - 20 Years Experience. A Grants Specialist with 15 to 20 years of experience can earn an average of 56,880 USD.
  • 20+ Years Experience. For a Grants Specialist with more than 20 years, the expected average salary increases to 59,000 USD.

Average Salary by Experience Chart

0-2 Years
24,800 USD
2-5 Years +23%
29,640 USD
5-10 Years +42%
43,340 USD
10-15 Years +17%
50,240 USD
15-20 Years +10%
56,880 USD
20+ Years +6%
59,000 USD

Grants Specialist Salary by Education Level in United States 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 Grants Specialist in United States Virgin Islands based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Certificate or Diploma. A Grants Specialist in United States Virgin Islands with a certificate or diploma education can earn an average salary of 31,040 USD.

  • Bachelor's Degree. A Grants Specialist in United States Virgin Islands with a bachelor's degree education can earn an average salary of 47,580 USD.

Average Salary by Education Chart

Certificate or Diploma
31,040 USD
Bachelor's Degree +47%
47,580 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 United States Virgin Islands is around 13,500 to 40,400 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.

Grants Specialist 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 United States Virgin Islands, a male grants specialist will earn an average of 44,180 USD, while a female grants specialist will earn around 36,700 USD.

This means that a male grants specialist earns approximately 20% more than a female grants specialist for performing the same job.

Average Salary by Gender Chart in United States Virgin Islands

Male
44,180 USD
Female -20%
36,700 USD

Grants Specialist Average Pay Raise in United States 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 Grants Specialist in United States Virgin Islands is around 7% every 31 months.

The national average pay raise across all professions and industries in United States Virgin 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 = ( 7 ÷ 31 ) × 12  = 3%

What this means is that a Grants Specialist in United States Virgin Islands can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in United States Virgin Islands for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in United States Virgin 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%

Grants Specialist Bonus and Incentive Rates in United States 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 Grants Specialist is a low bonus based job, with 10% of employees reporting at least one bonus in the last 12 months.

90% 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 1% to 3%.

Received Bonus
10%
No Bonus
90%

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 United States Virgin Islands earn approximately 15% more than private sector employees in the same role.

Public Sector
35,340 USD
Private Sector -15%
30,800 USD

Salaries for Jobs Similar to a Grants Specialist

In the table below, we have salary information for jobs that are similar to a Grants Specialist in United States Virgin Islands.

Job Title Category Salary
Accreditation Coordinator Law Enforcement / Security / Fire 26,500 USD
Accreditation Manager Law Enforcement / Security / Fire 38,700 USD
Advocate Law Enforcement / Security / Fire 23,080 USD
Armed Security Officer Law Enforcement / Security / Fire 22,540 USD
Company Guard Law Enforcement / Security / Fire 13,660 USD
Control Room Operator Law Enforcement / Security / Fire 12,020 USD
Correctional Officer Law Enforcement / Security / Fire 20,120 USD
Criminal Investigator Law Enforcement / Security / Fire 36,800 USD
Facility Monitor Law Enforcement / Security / Fire 19,480 USD
Fire Chief Law Enforcement / Security / Fire 36,800 USD
Fire Dispatcher Law Enforcement / Security / Fire 16,720 USD
Fire Education Specialist Law Enforcement / Security / Fire 32,020 USD
Fire Extinguisher Technician Law Enforcement / Security / Fire 12,760 USD
Fire Fighter Law Enforcement / Security / Fire 17,860 USD
Fire Inspector Law Enforcement / Security / Fire 34,240 USD
Fire Investigator Law Enforcement / Security / Fire 35,340 USD
Fire Prevention Engineer Law Enforcement / Security / Fire 31,660 USD
Fire Prevention Officer Law Enforcement / Security / Fire 23,260 USD
Fire Protection Specialist Law Enforcement / Security / Fire 32,020 USD
Forensic Investigator Law Enforcement / Security / Fire 32,900 USD
Forensic Science Technician Law Enforcement / Security / Fire 34,080 USD
Fraud and Forensic Specialist Law Enforcement / Security / Fire 34,480 USD
Fraud Examiner Law Enforcement / Security / Fire 35,260 USD
Intellectual Property Associate Law Enforcement / Security / Fire 32,020 USD
Intelligence Research Specialist Law Enforcement / Security / Fire 50,560 USD
Investigator Law Enforcement / Security / Fire 35,500 USD
Jail Officer Law Enforcement / Security / Fire 14,660 USD
Juvenile Probation Officer Law Enforcement / Security / Fire 24,800 USD
Juvenile Supervision Officer Law Enforcement / Security / Fire 24,860 USD
Lock-Smith Law Enforcement / Security / Fire 11,300 USD
Parole Officer Law Enforcement / Security / Fire 18,780 USD
Police Captain Law Enforcement / Security / Fire 44,180 USD
Police Communications Officer Law Enforcement / Security / Fire 24,820 USD
Police Officer Law Enforcement / Security / Fire 19,860 USD
Police Patrol Officer Law Enforcement / Security / Fire 19,640 USD
Prison Officer Law Enforcement / Security / Fire 12,580 USD
Prisoner Custody Officer Law Enforcement / Security / Fire 11,360 USD
Private Detective / Investigator Law Enforcement / Security / Fire 35,260 USD
Security Adviser Law Enforcement / Security / Fire 33,980 USD
Security Guard Law Enforcement / Security / Fire 9,440 USD
Security Management Specialist Law Enforcement / Security / Fire 50,980 USD
Security Manager Law Enforcement / Security / Fire 49,360 USD
Security Officer Law Enforcement / Security / Fire 13,660 USD
Security Supervisor Law Enforcement / Security / Fire 26,500 USD
Security Systems Installer Law Enforcement / Security / Fire 24,720 USD
Security Technician Law Enforcement / Security / Fire 10,080 USD
Surveillance Operator Law Enforcement / Security / Fire 13,900 USD
Traffic Controller Law Enforcement / Security / Fire 19,860 USD

Link To or Reference This Page

We spend a lot of time collecting, cleaning, merging, and formatting the data that is shown on the site to be as useful to you as possible.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference World Salaries as the source. We appreciate your support!

  • "Average Grants Specialist Salary in United States Virgin Islands for 2024". World Salaries. Accessed on March 28, 2024. https://worldsalaries.com/average-grants-specialist-salary-in-united-states-virgin-islands/.

  • "Average Grants Specialist Salary in United States Virgin Islands for 2024". World Salaries, https://worldsalaries.com/average-grants-specialist-salary-in-united-states-virgin-islands/. Accessed 28 March, 2024

  • Average Grants Specialist Salary in United States Virgin Islands for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-grants-specialist-salary-in-united-states-virgin-islands/.