Average Head Coach Salary in Cayman Islands for 2024

In this article, we will look at the average Head Coach 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 Head Coach Make in Cayman Islands?

A Head Coach working in Cayman Islands will typically earn around 51,800 KYD per year, and this can range from the lowest average salary of about 25,500 KYD to the highest average salary of 81,000 KYD.

Average Annual Salary
51,800 KYD
Average Monthly Salary
4,316 KYD

Lowest Annual Salary
25,500 KYD
Lowest Monthly Salary
2,125 KYD

Highest Annual Salary
81,000 KYD
Highest Monthly Salary
6,750 KYD

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

Head Coach 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 Head Coach Salaries in Cayman Islands

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

Salary ranges

We already know that a Head Coach can earn between 25,500 KYD and 81,000 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 Head Coach in Cayman Islands is 52,300 KYD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 52,300 KYD, and 50% of the population earn more than 52,300 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 Head Coach salary in Cayman Islands, 25% of the population are earning less than 34,700 KYD while 75% of the population earn more than 34,700 KYD.

75% of the population earn less than 64,300 KYD, and 25% of the population earn more than 64,300 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.

Head Coach 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 head coach 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 Head Coach in Cayman Islands that has less than two years of experience can expect to earn somewhere in the region of 29,600 KYD.
  • 2 - 5 Years Experience. With two to five years of experience the average Head Coach salary would increase to 41,400 KYD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Head Coach, the average salary would be 53,800 KYD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 64,400 KYD.
  • 15 - 20 Years Experience. A Head Coach with 15 to 20 years of experience can earn an average of 73,100 KYD.
  • 20+ Years Experience. For a Head Coach with more than 20 years, the expected average salary increases to 75,400 KYD.

Average Salary by Experience Chart

0-2 Years
29,600 KYD
2-5 Years +34%
41,400 KYD
5-10 Years +30%
53,800 KYD
10-15 Years +21%
64,400 KYD
15-20 Years +9%
73,100 KYD
20+ Years +5%
75,400 KYD

Head Coach 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 Head Coach 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 Head Coach in Cayman Islands with a high school education can earn an average salary of 36,400 KYD.

  • Certificate or Diploma. A Head Coach in Cayman Islands with a certificate or diploma education can earn an average salary of 42,300 KYD.

  • Bachelor's Degree. A Head Coach in Cayman Islands with a bachelor's degree education can earn an average salary of 60,700 KYD.

  • Master's Degree. A Head Coach in Cayman Islands with a master's degree education can earn an average salary of 74,500 KYD.

Average Salary by Education Chart

High School
36,400 KYD
Certificate or Diploma +14%
42,300 KYD
Bachelor's Degree +41%
60,700 KYD
Master's Degree +21%
74,500 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.

Head Coach 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 head coach will earn an average of 57,000 KYD, while a female head coach will earn around 51,600 KYD.

This means that a male head coach earns approximately 10% more than a female head coach for performing the same job.

Average Salary by Gender Chart in Cayman Islands

Male
57,000 KYD
Female -10%
51,600 KYD

Head Coach 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 Head Coach 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 Head Coach 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%

Head Coach 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 Head Coach 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 Head Coach

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

Job Title Category Salary
Activities Assistant Recreation and Sports 18,300 KYD
Amusement and Recreation Attendant Recreation and Sports 17,100 KYD
Aquatic Coordinator Recreation and Sports 19,100 KYD
Aquatic Supervisor Recreation and Sports 29,100 KYD
Assistant Cinema Manager Recreation and Sports 21,500 KYD
Assistant Coach Recreation and Sports 33,300 KYD
Athletic Trainer Recreation and Sports 29,100 KYD
Exercise Specialist Recreation and Sports 27,700 KYD
Fitness Manager Recreation and Sports 60,000 KYD
Fitness Trainer Recreation and Sports 27,200 KYD
Game Manager Recreation and Sports 29,300 KYD
Gaming Supervisor Recreation and Sports 27,000 KYD
Golf Cart Attendant Recreation and Sports 13,400 KYD
Head Gymnastics Instructor Recreation and Sports 36,400 KYD
Party Host Recreation and Sports 22,400 KYD
Personal Trainer Recreation and Sports 27,200 KYD
Pool Attendant / Lifeguard Recreation and Sports 19,100 KYD
Recreation Aide Recreation and Sports 13,500 KYD
Recreation Assistant Recreation and Sports 12,400 KYD
Recreation Director Recreation and Sports 63,500 KYD
Recreation Manager Recreation and Sports 67,800 KYD
Ski Instructor Recreation and Sports 32,900 KYD
Sports Manager Recreation and Sports 64,900 KYD
Swim Instructor Recreation and Sports 31,400 KYD

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