Average Human Resources Analyst Salary in Cayman Islands for 2024

In this article, we will look at the average Human Resources Analyst 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 Human Resources Analyst Make in Cayman Islands?

A Human Resources Analyst working in Cayman Islands will typically earn around 35,300 KYD per year, and this can range from the lowest average salary of about 20,200 KYD to the highest average salary of 54,100 KYD.

Average Annual Salary
35,300 KYD
Average Monthly Salary
2,941 KYD

Lowest Annual Salary
20,200 KYD
Lowest Monthly Salary
1,683 KYD

Highest Annual Salary
54,100 KYD
Highest Monthly Salary
4,508 KYD

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

Human Resources Analyst 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 Human Resources Analyst Salaries in Cayman Islands

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

Salary ranges

We already know that a Human Resources Analyst can earn between 20,200 KYD and 54,100 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 Human Resources Analyst in Cayman Islands is 35,100 KYD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 35,100 KYD, and 50% of the population earn more than 35,100 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 Human Resources Analyst salary in Cayman Islands, 25% of the population are earning less than 23,300 KYD while 75% of the population earn more than 23,300 KYD.

75% of the population earn less than 42,300 KYD, and 25% of the population earn more than 42,300 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.

Human Resources Analyst 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 human resources analyst 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 Human Resources Analyst in Cayman Islands that has less than two years of experience can expect to earn somewhere in the region of 23,000 KYD.
  • 2 - 5 Years Experience. With two to five years of experience the average Human Resources Analyst salary would increase to 29,600 KYD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Human Resources Analyst, the average salary would be 35,400 KYD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 44,700 KYD.
  • 15 - 20 Years Experience. A Human Resources Analyst with 15 to 20 years of experience can earn an average of 49,400 KYD.
  • 20+ Years Experience. For a Human Resources Analyst with more than 20 years, the expected average salary increases to 52,000 KYD.

Average Salary by Experience Chart

0-2 Years
23,000 KYD
2-5 Years +34%
29,600 KYD
5-10 Years +30%
35,400 KYD
10-15 Years +21%
44,700 KYD
15-20 Years +9%
49,400 KYD
20+ Years +5%
52,000 KYD

Human Resources Analyst 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 Human Resources Analyst 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.

  • Bachelor's Degree. A Human Resources Analyst in Cayman Islands with a bachelor's degree education can earn an average salary of 30,800 KYD.

  • Master's Degree. A Human Resources Analyst in Cayman Islands with a master's degree education can earn an average salary of 41,000 KYD.

Average Salary by Education Chart

Bachelor's Degree
30,800 KYD
Master's Degree +39%
41,000 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.

Human Resources Analyst 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 human resources analyst will earn an average of 39,100 KYD, while a female human resources analyst will earn around 33,000 KYD.

This means that a male human resources analyst earns approximately 18% more than a female human resources analyst for performing the same job.

Average Salary by Gender Chart in Cayman Islands

Male
39,100 KYD
Female -18%
33,000 KYD

Human Resources Analyst 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 Human Resources Analyst in Cayman Islands is around 8% every 29 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 ÷ 29 ) × 12  = 3%

What this means is that a Human Resources Analyst 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%

Human Resources Analyst 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 Human Resources Analyst is a low bonus based job, with 35% of employees reporting at least one bonus in the last 12 months.

65% 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
35%
No Bonus
65%

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 Human Resources Analyst

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

Job Title Category Salary
Benefits Administrator Human Resources 24,200 KYD
Benefits Analyst Human Resources 29,600 KYD
Benefits Manager Human Resources 49,400 KYD
Benefits Specialist Human Resources 31,200 KYD
Chief Human Resources Officer Human Resources 62,300 KYD
Chief People Officer Human Resources 62,500 KYD
Compensation Analyst Human Resources 31,200 KYD
Compensation and Benefits Manager Human Resources 49,200 KYD
Compensation and Benefits Officer Human Resources 20,200 KYD
Compensation and Benefits Specialist Human Resources 31,200 KYD
Compensation Manager Human Resources 50,600 KYD
Corporate Director of Human Resources Human Resources 67,800 KYD
Corporate Recruiter Human Resources 40,600 KYD
Corporate Trainer Human Resources 30,200 KYD
Director of Talent Acquisition Human Resources 59,800 KYD
Employee Benefits Administrator Human Resources 33,800 KYD
Employee Benefits Consultant Human Resources 46,700 KYD
Employee Benefits Coordinator Human Resources 20,300 KYD
Employee Communications Manager Human Resources 42,700 KYD
Employee Development Specialist Human Resources 39,300 KYD
Employee Engagement Specialist Human Resources 43,500 KYD
Employee Health and Wellness Administrator Human Resources 41,300 KYD
Employee Performance Specialist Human Resources 29,400 KYD
Employee Relations Analyst Human Resources 39,000 KYD
Employee Relations Manager Human Resources 45,700 KYD
Employee Relations Practitioner Human Resources 42,700 KYD
Employee Relations Representative Human Resources 34,100 KYD
Employee Relations Specialist Human Resources 43,200 KYD
Employee Services Manager Human Resources 42,800 KYD
Employee Services Specialist Human Resources 39,300 KYD
Employee Wellness Officer Human Resources 30,200 KYD
Employment Advice Worker Human Resources 19,200 KYD
Employment Interviewer Human Resources 27,700 KYD
Employment Relations Officer Human Resources 21,200 KYD
Employment Service Specialist Human Resources 26,400 KYD
Employment Services Coordinator Human Resources 29,900 KYD
Enrollment Counselor Human Resources 38,900 KYD
Equal Opportunity Representative Human Resources 29,100 KYD
Executive Human Capital Management Human Resources 64,900 KYD
Executive Recruiter Human Resources 40,200 KYD
Expatriate Administration Manager Human Resources 42,800 KYD
Expatriate Administration Supervisor Human Resources 29,100 KYD
Global Mobility Manager Human Resources 52,800 KYD
Head of Human Resources Human Resources 58,600 KYD
Headhunter Human Resources 44,500 KYD
Health Benefits Coordinator Human Resources 24,200 KYD
HRIS Analyst Human Resources 20,000 KYD
HRIS Manager Human Resources 35,000 KYD
HRIS Officer Human Resources 19,200 KYD
HRIS Supervisor Human Resources 20,000 KYD
Human Resources Administration Specialist Human Resources 26,500 KYD
Human Resources Administrative Assistant Human Resources 20,200 KYD
Human Resources Administrative Coordinator Human Resources 23,600 KYD
Human Resources Administrator Human Resources 26,600 KYD
Human Resources Advisor Human Resources 45,000 KYD
Human Resources Assessor Human Resources 25,300 KYD
Human Resources Assistant Human Resources 18,400 KYD
Human Resources Assistant Manager Human Resources 45,600 KYD
Human Resources Associate Human Resources 18,800 KYD
Human Resources Consultant Human Resources 47,400 KYD
Human Resources Coordinator Human Resources 20,200 KYD
Human Resources Data Analytics Manager Human Resources 36,400 KYD
Human Resources Deputy Manager Human Resources 46,100 KYD
Human Resources Development Manager Human Resources 55,200 KYD
Human Resources Director Human Resources 62,300 KYD
Human Resources Executive Human Resources 45,300 KYD
Human Resources Generalist Human Resources 30,200 KYD
Human Resources Manager Human Resources 58,500 KYD
Human Resources Officer Human Resources 23,400 KYD
Human Resources Recruiter Human Resources 40,200 KYD
Human Resources Representative Human Resources 25,300 KYD
Human Resources Section Head Human Resources 36,700 KYD
Human Resources Services Manager Human Resources 51,300 KYD
Human Resources Specialist Human Resources 31,400 KYD
Human Resources Superintendent Human Resources 22,200 KYD
Human Resources Training Executive Human Resources 42,500 KYD
Human Resources Vice President Human Resources 58,800 KYD
Industrial Organizational Psychologist Human Resources 54,300 KYD
Job Evaluation Specialist Human Resources 42,700 KYD
Labor Relations Director Human Resources 49,100 KYD
Labor Relations Manager Human Resources 45,600 KYD
Labor Relations Specialist Human Resources 23,700 KYD
Learning and Development Manager Human Resources 53,300 KYD
Occupational Health and Safety Officer Human Resources 23,400 KYD
Organizational Development Consultant Human Resources 48,600 KYD
Organizational Development Manager Human Resources 51,500 KYD
Organizational Development Specialist Human Resources 26,200 KYD
Payroll Assistant Human Resources 20,900 KYD
Payroll Supervisor Human Resources 26,200 KYD
People Development Officer Human Resources 29,100 KYD
Personnel Officer Human Resources 15,700 KYD
Personnel Recruiter Human Resources 40,600 KYD
Records Clerk Human Resources 16,800 KYD
Records Manager Human Resources 23,600 KYD
Recruiter Human Resources 40,200 KYD
Recruiting Coordinator Human Resources 21,500 KYD
Recruiting Manager Human Resources 58,500 KYD
Recruitment Consultant Human Resources 42,400 KYD
Recruitment Officer Human Resources 22,400 KYD
Recruitment Supervisor Human Resources 34,900 KYD
Research Associate Human Resources 20,400 KYD
SAP Resource Manager Human Resources 45,700 KYD
Talent Acquisition Manager Human Resources 58,600 KYD
Talent Acquisition Specialist Human Resources 30,300 KYD
Talent Management Officer Human Resources 27,300 KYD
Technical Recruiter Human Resources 27,400 KYD
Training Administrator Human Resources 21,300 KYD
Training and Development Manager Human Resources 52,000 KYD
Training and Development Section Head Human Resources 44,500 KYD
Training Executive Human Resources 47,500 KYD
Training Manager Human Resources 53,300 KYD
Training Officer Human Resources 20,200 KYD
Training Specialist Human Resources 33,500 KYD

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