Average Media Executive Salary in Guyana for 2024

In this article, we will look at the average Media Executive salary for 2024 in Guyana 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 Guyanese dollar. To keep things simple, we are using the GYD currency code instead of the currency symbol $.

How Much Does a Media Executive Make in Guyana?

A Media Executive working in Guyana will typically earn around 2,003,200 GYD per year, and this can range from the lowest average salary of about 986,700 GYD to the highest average salary of 3,132,800 GYD.

Average Annual Salary
2,003,200 GYD
Average Monthly Salary
166,933 GYD

Lowest Annual Salary
986,700 GYD
Lowest Monthly Salary
82,225 GYD

Highest Annual Salary
3,132,800 GYD
Highest Monthly Salary
261,066 GYD

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

Media Executive 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 Media Executive Salaries in Guyana

So we've looked at the average salaries a Media Executive will earn in Guyana. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Media Executive can earn between 986,700 GYD and 3,132,800 GYD on average in Guyana. 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 Media Executive in Guyana is 2,052,200 GYD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 2,052,200 GYD, and 50% of the population earn more than 2,052,200 GYD.

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 Media Executive salary in Guyana, 25% of the population are earning less than 1,369,700 GYD while 75% of the population earn more than 1,369,700 GYD.

75% of the population earn less than 2,641,300 GYD, and 25% of the population earn more than 2,641,300 GYD.

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.

Media Executive Salary by Experience Level in Guyana

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 media executive 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 Media Executive in Guyana that has less than two years of experience can expect to earn somewhere in the region of 1,166,500 GYD.
  • 2 - 5 Years Experience. With two to five years of experience the average Media Executive salary would increase to 1,500,800 GYD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Media Executive, the average salary would be 2,076,600 GYD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 2,566,100 GYD.
  • 15 - 20 Years Experience. A Media Executive with 15 to 20 years of experience can earn an average of 2,748,900 GYD.
  • 20+ Years Experience. For a Media Executive with more than 20 years, the expected average salary increases to 2,928,100 GYD.

Average Salary by Experience Chart

0-2 Years
1,166,500 GYD
2-5 Years +29%
1,500,800 GYD
5-10 Years +38%
2,076,600 GYD
10-15 Years +24%
2,566,100 GYD
15-20 Years +7%
2,748,900 GYD
20+ Years +7%
2,928,100 GYD

Media Executive Salary by Education Level in Guyana

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 Media Executive in Guyana 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 Media Executive in Guyana with a high school education can earn an average salary of 1,464,200 GYD.

  • Certificate or Diploma. A Media Executive in Guyana with a certificate or diploma education can earn an average salary of 1,668,900 GYD.

  • Bachelor's Degree. A Media Executive in Guyana with a bachelor's degree education can earn an average salary of 2,254,400 GYD.

  • Master's Degree. A Media Executive in Guyana with a master's degree education can earn an average salary of 2,831,100 GYD.

Average Salary by Education Chart

High School
1,464,200 GYD
Certificate or Diploma +15%
1,668,900 GYD
Bachelor's Degree +35%
2,254,400 GYD
Master's Degree +26%
2,831,100 GYD

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 Guyana is around 876,000 to 2,630,000 GYD 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.

Media Executive 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 Guyana, a male media executive will earn an average of 2,076,600 GYD, while a female media executive will earn around 1,921,500 GYD.

This means that a male media executive earns approximately 8% more than a female media executive for performing the same job.

Average Salary by Gender Chart in Guyana

Male
2,076,600 GYD
Female -8%
1,921,500 GYD

Media Executive Average Pay Raise in Guyana

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 Media Executive in Guyana is around 7% every 30 months.

The national average pay raise across all professions and industries in Guyana 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 = ( 7 ÷ 30 ) × 12  = 3%

What this means is that a Media Executive in Guyana can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Guyana for 2024

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

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%

Media Executive Bonus and Incentive Rates in Guyana

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 Media Executive is a low bonus based job, with 38% of employees reporting at least one bonus in the last 12 months.

62% 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
38%
No Bonus
62%

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 Guyana earn approximately 14% more than private sector employees in the same role.

Public Sector
2,266,400 GYD
Private Sector -14%
1,990,300 GYD

Salaries for Jobs Similar to a Media Executive

In the table below, we have salary information for jobs that are similar to a Media Executive in Guyana.

Job Title Category Salary
Advertising Account Executive Advertising / Graphic Design / Events 2,230,100 GYD
Advertising Account Manager Advertising / Graphic Design / Events 2,401,300 GYD
Advertising Account Planner Advertising / Graphic Design / Events 1,249,900 GYD
Advertising and Promotions Manager Advertising / Graphic Design / Events 3,335,900 GYD
Advertising Coordinator Advertising / Graphic Design / Events 1,560,800 GYD
Advertising Manager Advertising / Graphic Design / Events 3,132,800 GYD
Advertising Operations Manager Advertising / Graphic Design / Events 3,144,700 GYD
Advertising Sales Director Advertising / Graphic Design / Events 3,349,100 GYD
Advertising Strategic Planner Advertising / Graphic Design / Events 2,136,200 GYD
Advertising Team Leader Advertising / Graphic Design / Events 1,921,500 GYD
Animator Advertising / Graphic Design / Events 1,391,600 GYD
Art Director Advertising / Graphic Design / Events 1,896,700 GYD
Art Manager Advertising / Graphic Design / Events 2,065,400 GYD
Artist Advertising / Graphic Design / Events 1,703,200 GYD
Artworker Advertising / Graphic Design / Events 1,192,500 GYD
Assistant Art Director Advertising / Graphic Design / Events 1,632,100 GYD
Audio and Video Equipment Technician Advertising / Graphic Design / Events 1,153,300 GYD
Audio Engineer Advertising / Graphic Design / Events 1,333,900 GYD
Audiosual Technician Advertising / Graphic Design / Events 1,198,300 GYD
Broadcast Administrator Advertising / Graphic Design / Events 2,146,100 GYD
Catering Sales Advertising / Graphic Design / Events 1,249,900 GYD
Catering Trainer Advertising / Graphic Design / Events 1,440,700 GYD
Commercial and Industrial Designer Advertising / Graphic Design / Events 1,212,800 GYD
Conference Organiser Advertising / Graphic Design / Events 1,487,200 GYD
Content and Media Production Lead Advertising / Graphic Design / Events 2,281,800 GYD
CopyWriter Advertising / Graphic Design / Events 1,369,700 GYD
Creative Designer Advertising / Graphic Design / Events 1,510,400 GYD
Creative Director Advertising / Graphic Design / Events 1,990,300 GYD
Designer Advertising / Graphic Design / Events 1,185,300 GYD
Desktop Publisher Advertising / Graphic Design / Events 991,000 GYD
Digital Campaign Manager Advertising / Graphic Design / Events 2,052,200 GYD
Digital Media Manager Advertising / Graphic Design / Events 2,579,200 GYD
Digital Media Strategist Advertising / Graphic Design / Events 2,557,100 GYD
Director of Events Advertising / Graphic Design / Events 3,323,300 GYD
Director of Graphic Design Advertising / Graphic Design / Events 1,896,700 GYD
Director of Social Media Marketing Advertising / Graphic Design / Events 2,641,300 GYD
Events and Promotions Manager Advertising / Graphic Design / Events 3,217,900 GYD
Events Director Advertising / Graphic Design / Events 3,395,900 GYD
Exhibit Designer Advertising / Graphic Design / Events 1,594,500 GYD
Exhibit Display Coordinator Advertising / Graphic Design / Events 1,510,400 GYD
Exhibit Display Manager Advertising / Graphic Design / Events 1,990,300 GYD
Finisher Advertising / Graphic Design / Events 1,074,600 GYD
Graphic Artist Advertising / Graphic Design / Events 1,296,900 GYD
Graphic Design Specialist Advertising / Graphic Design / Events 1,405,700 GYD
Graphic Designer Advertising / Graphic Design / Events 1,224,800 GYD
Graphics Artist Advertising / Graphic Design / Events 1,224,800 GYD
Graphics Design Supervisor Advertising / Graphic Design / Events 1,811,000 GYD
Group Creative Director Advertising / Graphic Design / Events 2,242,500 GYD
Imagery Analyst Advertising / Graphic Design / Events 1,122,500 GYD
Imaging Technologist Advertising / Graphic Design / Events 1,114,700 GYD
Interaction Designer Advertising / Graphic Design / Events 1,021,800 GYD
Media Analyst Advertising / Graphic Design / Events 1,560,800 GYD
Media Planner Advertising / Graphic Design / Events 1,594,500 GYD
Media Production Coordinator Advertising / Graphic Design / Events 1,560,800 GYD
Media Production Manager Advertising / Graphic Design / Events 2,782,600 GYD
Media Project Manager Advertising / Graphic Design / Events 2,676,200 GYD
Media Relations Representative Advertising / Graphic Design / Events 2,352,500 GYD
Media Sales Executive Advertising / Graphic Design / Events 2,471,700 GYD
Meeting and Event Planner Advertising / Graphic Design / Events 1,476,700 GYD
Multimedia Artist Advertising / Graphic Design / Events 1,345,400 GYD
Multimedia Specialist Advertising / Graphic Design / Events 1,114,700 GYD
Photographer Advertising / Graphic Design / Events 1,064,100 GYD
PPC Campaign Manager Advertising / Graphic Design / Events 1,955,300 GYD
Print Production Manager Advertising / Graphic Design / Events 2,086,500 GYD
Product and Brand Manager Advertising / Graphic Design / Events 3,288,400 GYD
Sales Promotion Manager Advertising / Graphic Design / Events 3,192,300 GYD
Search Engine Optimization Specialist (SEO) Advertising / Graphic Design / Events 1,369,700 GYD
Sketch Artist Advertising / Graphic Design / Events 1,369,700 GYD
Social Media Executive Advertising / Graphic Design / Events 2,435,600 GYD
Social Media Manager Advertising / Graphic Design / Events 2,676,200 GYD
Social Media Marketing Manager Advertising / Graphic Design / Events 2,662,900 GYD
Social Media Strategist Advertising / Graphic Design / Events 2,641,300 GYD
Special Events Supervisor Advertising / Graphic Design / Events 2,038,500 GYD
Technical Typist Advertising / Graphic Design / Events 938,700 GYD
User Experience UX Designer Advertising / Graphic Design / Events 1,391,600 GYD
UX Designer Advertising / Graphic Design / Events 1,174,600 GYD

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