Average Legal Assistant Salary in Cayman Islands for 2024

In this article, we will look at the average Legal Assistant 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 Legal Assistant Make in Cayman Islands?

A Legal Assistant working in Cayman Islands will typically earn around 22,600 KYD per year, and this can range from the lowest average salary of about 12,400 KYD to the highest average salary of 32,200 KYD.

Average Annual Salary
22,600 KYD
Average Monthly Salary
1,883 KYD

Lowest Annual Salary
12,400 KYD
Lowest Monthly Salary
1,033 KYD

Highest Annual Salary
32,200 KYD
Highest Monthly Salary
2,683 KYD

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

Legal Assistant 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 Legal Assistant Salaries in Cayman Islands

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

Salary ranges

We already know that a Legal Assistant can earn between 12,400 KYD and 32,200 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 Legal Assistant in Cayman Islands is 20,900 KYD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 20,900 KYD, and 50% of the population earn more than 20,900 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 Legal Assistant salary in Cayman Islands, 25% of the population are earning less than 12,400 KYD while 75% of the population earn more than 12,400 KYD.

75% of the population earn less than 24,400 KYD, and 25% of the population earn more than 24,400 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.

Legal Assistant 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 legal assistant 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 Legal Assistant in Cayman Islands that has less than two years of experience can expect to earn somewhere in the region of 10,200 KYD.
  • 2 - 5 Years Experience. With two to five years of experience the average Legal Assistant salary would increase to 13,500 KYD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Legal Assistant, the average salary would be 20,000 KYD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 26,600 KYD.
  • 15 - 20 Years Experience. A Legal Assistant with 15 to 20 years of experience can earn an average of 26,400 KYD.
  • 20+ Years Experience. For a Legal Assistant with more than 20 years, the expected average salary increases to 29,600 KYD.

Average Salary by Experience Chart

0-2 Years
10,200 KYD
2-5 Years +31%
13,500 KYD
5-10 Years +40%
20,000 KYD
10-15 Years +20%
26,600 KYD
15-20 Years +9%
26,400 KYD
20+ Years +8%
29,600 KYD

Legal Assistant 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.

The data we have below is combined across all professions. To view the most accurate data possible, you can select a specific job from the list below.

Employees that have earned a certificate or diploma from a post-secondary program can expect to earn approximately 17% more than those who only completed high school level.

If you have a bachelor's degree, you can expect to earn approximately 25% more than those who only completed to a certificate or diploma level.

For professionals reaching the master's degree level, your salary would be around 30% higher than those with a bachelor's degree.

If you are able to achieve a PhD, you can expect to earn approximately 22% more than those with a master's degree for the same job role.

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.

Legal Assistant 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 legal assistant will earn an average of 18,900 KYD, while a female legal assistant will earn around 23,800 KYD.

This means that a male legal assistant earns approximately 21% less than a female legal assistant for performing the same job.

Average Salary by Gender Chart in Cayman Islands

Male
18,900 KYD
Female +21%
23,800 KYD

Legal Assistant 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 Legal Assistant in Cayman Islands is around 7% every 27 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 = ( 7 ÷ 27 ) × 12  = 3%

What this means is that a Legal Assistant 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%

Legal Assistant 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 Legal Assistant 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 6%.

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 Legal Assistant

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

Job Title Category Salary
Administrative Law Judge Legal 103,600 KYD
Arbitrator Legal 50,500 KYD
Associate Attorney Legal 49,700 KYD
Attorney Legal 71,900 KYD
Bailiff Legal 22,800 KYD
Barrister Legal 20,900 KYD
Candidate Attorney Legal 42,700 KYD
Conciliator Legal 35,200 KYD
Contracts Associate Legal 26,400 KYD
Contracts Manager Legal 45,700 KYD
Contracts Negotiator Legal 37,200 KYD
Contracts Specialist Legal 22,200 KYD
Conveyancing Secretary Legal 17,800 KYD
Corporate Counsel Legal 54,100 KYD
Counsel Legal 51,800 KYD
Court Clerk Legal 16,300 KYD
Court Judicial Assistant Legal 27,200 KYD
Court Liaison Specialist Legal 34,000 KYD
Court Reporter Legal 27,200 KYD
Court Representative Legal 23,400 KYD
Crown Prosecution Service Lawyer Legal 99,700 KYD
General Counsel Legal 93,600 KYD
Immigration Executive Legal 51,500 KYD
In House Counsel Legal 54,100 KYD
Intellectual Property Specialist Legal 36,400 KYD
Judge Advocate Legal 84,600 KYD
Law Clerk Legal 15,700 KYD
Lawyer Legal 79,700 KYD
Legal Administrative Assistant Legal 20,900 KYD
Legal Advisor Legal 45,300 KYD
Legal Associate Legal 35,300 KYD
Legal Consultant Legal 45,600 KYD
Legal Consultant Legal 46,100 KYD
Legal Counsel Legal 55,200 KYD
Legal Editor Legal 36,800 KYD
Legal Executive Legal 70,500 KYD
Legal Executive Secretary Legal 20,000 KYD
Legal IP Officer Legal 16,300 KYD
Legal Officer Legal 23,100 KYD
Legal Secretary Legal 22,300 KYD
Legal Services Director Legal 84,900 KYD
Legal Services Manager Legal 83,300 KYD
Legal Support Worker Legal 14,500 KYD
Legislative Liaison Legal 33,000 KYD
Litigation Attorney Legal 95,100 KYD
Litigation Paralegal Legal 46,100 KYD
Magistrate Judge Legal 117,100 KYD
Paralegal Legal 26,500 KYD
Patent Attorney Legal 54,900 KYD
Staff Attorney Legal 59,700 KYD

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