Average Material Handler Salary in British Virgin Islands for 2024

In this article, we will look at the average Material Handler salary for 2024 in British 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 Material Handler Make in British Virgin Islands?

A Material Handler working in British Virgin Islands will typically earn around 12,180 USD per year, and this can range from the lowest average salary of about 6,180 USD to the highest average salary of 16,980 USD.

Average Annual Salary
12,180 USD
Average Monthly Salary
1,015 USD

Lowest Annual Salary
6,180 USD
Lowest Monthly Salary
515 USD

Highest Annual Salary
16,980 USD
Highest Monthly Salary
1,415 USD

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

Material Handler 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 Material Handler Salaries in British Virgin Islands

So we've looked at the average salaries a Material Handler will earn in British Virgin Islands. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Material Handler can earn between 6,180 USD and 16,980 USD on average in British 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 Material Handler in British Virgin Islands is 12,620 USD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 12,620 USD, and 50% of the population earn more than 12,620 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 Material Handler salary in British Virgin Islands, 25% of the population are earning less than 6,440 USD while 75% of the population earn more than 6,440 USD.

75% of the population earn less than 17,100 USD, and 25% of the population earn more than 17,100 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.

Material Handler Salary by Experience Level in British 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 material handler 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 Material Handler in British Virgin Islands that has less than two years of experience can expect to earn somewhere in the region of 6,760 USD.
  • 2 - 5 Years Experience. With two to five years of experience the average Material Handler salary would increase to 7,080 USD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Material Handler, the average salary would be 11,040 USD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 17,020 USD.
  • 15 - 20 Years Experience. A Material Handler with 15 to 20 years of experience can earn an average of 16,400 USD.
  • 20+ Years Experience. For a Material Handler with more than 20 years, the expected average salary increases to 18,780 USD.

Average Salary by Experience Chart

0-2 Years
6,760 USD
2-5 Years +29%
7,080 USD
5-10 Years +38%
11,040 USD
10-15 Years +24%
17,020 USD
15-20 Years +7%
16,400 USD
20+ Years +7%
18,780 USD

Material Handler Salary by Education Level in British 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 Material Handler in British Virgin 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 Material Handler in British Virgin Islands with a high school education can earn an average salary of 7,080 USD.

  • Certificate or Diploma. A Material Handler in British Virgin Islands with a certificate or diploma education can earn an average salary of 12,120 USD.

  • Bachelor's Degree. A Material Handler in British Virgin Islands with a bachelor's degree education can earn an average salary of 15,920 USD.

Average Salary by Education Chart

High School
7,080 USD
Certificate or Diploma +43%
12,120 USD
Bachelor's Degree +38%
15,920 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 British Virgin Islands is around 9,160 to 27,500 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.

Material Handler 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 British Virgin Islands, a male material handler will earn an average of 13,060 USD, while a female material handler will earn around 12,760 USD.

This means that a male material handler earns approximately 2% more than a female material handler for performing the same job.

Average Salary by Gender Chart in British Virgin Islands

Male
13,060 USD
Female -2%
12,760 USD

Material Handler Average Pay Raise in British 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 Material Handler in British Virgin Islands is around 5% every 30 months.

The national average pay raise across all professions and industries in British Virgin Islands 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 ÷ 30 ) × 12  = 2%

What this means is that a Material Handler in British Virgin Islands can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in British Virgin Islands for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in British Virgin Islands.

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%

Material Handler Bonus and Incentive Rates in British 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 Material Handler is a low bonus based job, with 37% of employees reporting at least one bonus in the last 12 months.

63% 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
37%
No Bonus
63%

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 British Virgin Islands earn approximately 11% more than private sector employees in the same role.

Public Sector
23,660 USD
Private Sector -11%
21,380 USD

Salaries for Jobs Similar to a Material Handler

In the table below, we have salary information for jobs that are similar to a Material Handler in British Virgin Islands.

Job Title Category Salary
Asset Management Associate Purchasing and Inventory 19,860 USD
Asset Protection Associate Purchasing and Inventory 20,300 USD
Asset Protection Specialist Purchasing and Inventory 21,100 USD
Assistant Buyer Purchasing and Inventory 17,860 USD
Buyer Purchasing and Inventory 31,940 USD
Capacity Planner Purchasing and Inventory 21,380 USD
Category Leader Purchasing and Inventory 19,020 USD
Category Management Specialist Purchasing and Inventory 21,020 USD
Category Manager Purchasing and Inventory 19,940 USD
Channel Services Representative Purchasing and Inventory 20,500 USD
Contracts Manager Purchasing and Inventory 23,480 USD
Contracts Specialist Purchasing and Inventory 21,540 USD
Demand Planner Purchasing and Inventory 23,400 USD
Demand Planning Manager Purchasing and Inventory 25,720 USD
Distribution Assistant Purchasing and Inventory 18,260 USD
Distribution Associate Purchasing and Inventory 15,920 USD
Distribution Manager Purchasing and Inventory 38,340 USD
Inventory Analyst Purchasing and Inventory 19,380 USD
Inventory Control Clerk Purchasing and Inventory 11,300 USD
Inventory Control Manager Purchasing and Inventory 26,500 USD
Inventory Management Associate Purchasing and Inventory 21,540 USD
Inventory Specialist Purchasing and Inventory 19,380 USD
Logistics Engineer Purchasing and Inventory 20,300 USD
Master Planner Purchasing and Inventory 16,980 USD
Material Planning Specialist Purchasing and Inventory 15,700 USD
Merchandise Manager Purchasing and Inventory 22,540 USD
Procurement Administrator Purchasing and Inventory 21,300 USD
Procurement Agent Purchasing and Inventory 17,260 USD
Procurement Analyst Purchasing and Inventory 23,260 USD
Procurement Assistant Purchasing and Inventory 14,540 USD
Procurement Associate Purchasing and Inventory 23,520 USD
Procurement Clerk Purchasing and Inventory 8,100 USD
Procurement Engineer Purchasing and Inventory 20,520 USD
Procurement Manager Purchasing and Inventory 36,720 USD
Procurement Officer Purchasing and Inventory 10,380 USD
Procurement Process Analyst Purchasing and Inventory 23,140 USD
Procurement Specialist Purchasing and Inventory 17,860 USD
Production Planner Purchasing and Inventory 21,640 USD
Project Buyer Purchasing and Inventory 24,800 USD
Purchaser Purchasing and Inventory 28,680 USD
Purchasing Agent Purchasing and Inventory 15,760 USD
Purchasing Assistant Purchasing and Inventory 9,960 USD
Purchasing Manager Purchasing and Inventory 39,640 USD
Purchasing Officer Purchasing and Inventory 15,920 USD
Purchasing Supervisor Purchasing and Inventory 27,620 USD
Shipping and Receiving Clerk Purchasing and Inventory 9,440 USD
Shipping Coordinator Purchasing and Inventory 16,980 USD
Stock Clerk Purchasing and Inventory 9,460 USD
Stock Regulator Purchasing and Inventory 10,080 USD
Storage Manager Purchasing and Inventory 27,380 USD
Store Keeper Purchasing and Inventory 8,100 USD
Stores and Logistics Coordinator Purchasing and Inventory 21,100 USD
Supply Chain Analyst Purchasing and Inventory 26,660 USD
Supply Chain Coordinator Purchasing and Inventory 21,100 USD
Supply Chain Development Manager Purchasing and Inventory 35,260 USD
Supply Chain Director Purchasing and Inventory 43,340 USD
Supply Chain Manager Purchasing and Inventory 39,560 USD
Supply Planner Purchasing and Inventory 16,980 USD
Warehouse Assistant Purchasing and Inventory 6,280 USD
Warehouse Clerk Purchasing and Inventory 6,440 USD
Warehouse Executive Purchasing and Inventory 31,520 USD
Warehouse Lead Purchasing and Inventory 20,460 USD
Warehouse Manager Purchasing and Inventory 36,160 USD
Warehouse Supervisor Purchasing and Inventory 25,220 USD
Wholesale Buyer Purchasing and Inventory 30,800 USD

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