Average Intellectual Property Associate Salary in Saint Kitts and Nevis for 2024

In this article, we will look at the average Intellectual Property Associate 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 an Intellectual Property Associate Make in Saint Kitts and Nevis?

An Intellectual Property Associate working in Saint Kitts and Nevis will typically earn around 38,260 XCD per year, and this can range from the lowest average salary of about 16,340 XCD to the highest average salary of 60,400 XCD.

Average Annual Salary
38,260 XCD
Average Monthly Salary
3,188 XCD

Lowest Annual Salary
16,340 XCD
Lowest Monthly Salary
1,361 XCD

Highest Annual Salary
60,400 XCD
Highest Monthly Salary
5,033 XCD

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

Intellectual Property Associate 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 Intellectual Property Associate Salaries in Saint Kitts and Nevis

So we've looked at the average salaries an Intellectual Property Associate will earn in Saint Kitts and Nevis. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Intellectual Property Associate can earn between 16,340 XCD and 60,400 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 an Intellectual Property Associate in Saint Kitts and Nevis is 39,560 XCD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 39,560 XCD, and 50% of the population earn more than 39,560 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 Intellectual Property Associate salary in Saint Kitts and Nevis, 25% of the population are earning less than 24,860 XCD while 75% of the population earn more than 24,860 XCD.

75% of the population earn less than 53,380 XCD, and 25% of the population earn more than 53,380 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.

Intellectual Property Associate 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 intellectual property associate 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. An Intellectual Property Associate in Saint Kitts and Nevis that has less than two years of experience can expect to earn somewhere in the region of 19,020 XCD.
  • 2 - 5 Years Experience. With two to five years of experience the average Intellectual Property Associate salary would increase to 24,200 XCD.
  • 5 - 10 Years Experience. From five to ten years of experience as an Intellectual Property Associate, the average salary would be 39,640 XCD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 48,340 XCD.
  • 15 - 20 Years Experience. An Intellectual Property Associate with 15 to 20 years of experience can earn an average of 50,340 XCD.
  • 20+ Years Experience. For an Intellectual Property Associate with more than 20 years, the expected average salary increases to 55,940 XCD.

Average Salary by Experience Chart

0-2 Years
19,020 XCD
2-5 Years +34%
24,200 XCD
5-10 Years +48%
39,640 XCD
10-15 Years +22%
48,340 XCD
15-20 Years +9%
50,340 XCD
20+ Years +8%
55,940 XCD

Intellectual Property Associate 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 an Intellectual Property Associate 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.

  • Certificate or Diploma. An Intellectual Property Associate in Saint Kitts and Nevis with a certificate or diploma education can earn an average salary of 22,540 XCD.

  • Bachelor's Degree. An Intellectual Property Associate in Saint Kitts and Nevis with a bachelor's degree education can earn an average salary of 41,820 XCD.

Average Salary by Education Chart

Certificate or Diploma
22,540 XCD
Bachelor's Degree +93%
41,820 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.

Intellectual Property Associate 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 intellectual property associate will earn an average of 41,700 XCD, while a female intellectual property associate will earn around 32,420 XCD.

This means that a male intellectual property associate earns approximately 29% more than a female intellectual property associate for performing the same job.

Average Salary by Gender Chart in Saint Kitts and Nevis

Male
41,700 XCD
Female -29%
32,420 XCD

Intellectual Property Associate 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 an Intellectual Property Associate in Saint Kitts and Nevis is around 5% every 31 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 = ( 5 ÷ 31 ) × 12  = 2%

What this means is that an Intellectual Property Associate in Saint Kitts and Nevis can expect to receive an average pay raise of around 2% 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%

Intellectual Property Associate 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.

An Intellectual Property Associate is a low bonus based job, with 16% of employees reporting at least one bonus in the last 12 months.

84% 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
16%
No Bonus
84%

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 an Intellectual Property Associate

In the table below, we have salary information for jobs that are similar to an Intellectual Property Associate in Saint Kitts and Nevis.

Job Title Category Salary
Accreditation Coordinator Law Enforcement / Security / Fire 31,520 XCD
Accreditation Manager Law Enforcement / Security / Fire 47,540 XCD
Advocate Law Enforcement / Security / Fire 31,660 XCD
Armed Security Officer Law Enforcement / Security / Fire 30,840 XCD
Company Guard Law Enforcement / Security / Fire 12,000 XCD
Control Room Operator Law Enforcement / Security / Fire 13,660 XCD
Correctional Officer Law Enforcement / Security / Fire 21,640 XCD
Criminal Investigator Law Enforcement / Security / Fire 41,480 XCD
Facility Monitor Law Enforcement / Security / Fire 24,280 XCD
Fire Chief Law Enforcement / Security / Fire 42,400 XCD
Fire Dispatcher Law Enforcement / Security / Fire 23,380 XCD
Fire Education Specialist Law Enforcement / Security / Fire 36,700 XCD
Fire Extinguisher Technician Law Enforcement / Security / Fire 10,980 XCD
Fire Fighter Law Enforcement / Security / Fire 24,840 XCD
Fire Inspector Law Enforcement / Security / Fire 38,780 XCD
Fire Investigator Law Enforcement / Security / Fire 39,560 XCD
Fire Prevention Engineer Law Enforcement / Security / Fire 35,340 XCD
Fire Prevention Officer Law Enforcement / Security / Fire 28,860 XCD
Fire Protection Specialist Law Enforcement / Security / Fire 35,520 XCD
Forensic Investigator Law Enforcement / Security / Fire 38,700 XCD
Forensic Science Technician Law Enforcement / Security / Fire 42,040 XCD
Fraud and Forensic Specialist Law Enforcement / Security / Fire 43,520 XCD
Fraud Examiner Law Enforcement / Security / Fire 45,580 XCD
Grants Specialist Law Enforcement / Security / Fire 49,300 XCD
Intelligence Research Specialist Law Enforcement / Security / Fire 58,440 XCD
Investigator Law Enforcement / Security / Fire 41,900 XCD
Jail Officer Law Enforcement / Security / Fire 16,720 XCD
Juvenile Probation Officer Law Enforcement / Security / Fire 26,280 XCD
Juvenile Supervision Officer Law Enforcement / Security / Fire 31,080 XCD
Lock-Smith Law Enforcement / Security / Fire 11,040 XCD
Parole Officer Law Enforcement / Security / Fire 23,520 XCD
Police Captain Law Enforcement / Security / Fire 49,020 XCD
Police Communications Officer Law Enforcement / Security / Fire 27,560 XCD
Police Officer Law Enforcement / Security / Fire 22,420 XCD
Police Patrol Officer Law Enforcement / Security / Fire 19,380 XCD
Prison Officer Law Enforcement / Security / Fire 17,760 XCD
Prisoner Custody Officer Law Enforcement / Security / Fire 14,840 XCD
Private Detective / Investigator Law Enforcement / Security / Fire 42,040 XCD
Security Adviser Law Enforcement / Security / Fire 42,040 XCD
Security Guard Law Enforcement / Security / Fire 12,180 XCD
Security Management Specialist Law Enforcement / Security / Fire 56,640 XCD
Security Manager Law Enforcement / Security / Fire 57,620 XCD
Security Officer Law Enforcement / Security / Fire 14,540 XCD
Security Supervisor Law Enforcement / Security / Fire 31,520 XCD
Security Systems Installer Law Enforcement / Security / Fire 31,080 XCD
Security Technician Law Enforcement / Security / Fire 12,620 XCD
Surveillance Operator Law Enforcement / Security / Fire 14,820 XCD
Traffic Controller Law Enforcement / Security / Fire 23,080 XCD

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