Average Media Product Development Manager Salary in Saint Vincent and the Grenadines for 2024

In this article, we will look at the average Media Product Development Manager salary for 2024 in Saint Vincent and the Grenadines 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 a Media Product Development Manager Make in Saint Vincent and the Grenadines?

A Media Product Development Manager working in Saint Vincent and the Grenadines will typically earn around 66,020 XCD per year, and this can range from the lowest average salary of about 29,640 XCD to the highest average salary of 102,240 XCD.

Average Annual Salary
66,020 XCD
Average Monthly Salary
5,501 XCD

Lowest Annual Salary
29,640 XCD
Lowest Monthly Salary
2,470 XCD

Highest Annual Salary
102,240 XCD
Highest Monthly Salary
8,520 XCD

These are average salaries for a Media Product Development Manager in Saint Vincent and the Grenadines and include benefits such as housing and transport. It's also possible for a Media Product Development Manager to earn more or less than the average salaries shown above.

Media Product Development Manager 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 Product Development Manager Salaries in Saint Vincent and the Grenadines

So we've looked at the average salaries a Media Product Development Manager will earn in Saint Vincent and the Grenadines. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Media Product Development Manager can earn between 29,640 XCD and 102,240 XCD on average in Saint Vincent and the Grenadines. 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 Product Development Manager in Saint Vincent and the Grenadines is 68,360 XCD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 68,360 XCD, and 50% of the population earn more than 68,360 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 Media Product Development Manager salary in Saint Vincent and the Grenadines, 25% of the population are earning less than 45,580 XCD while 75% of the population earn more than 45,580 XCD.

75% of the population earn less than 90,900 XCD, and 25% of the population earn more than 90,900 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.

Media Product Development Manager Salary by Experience Level in Saint Vincent and the Grenadines

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 product development manager 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 Product Development Manager in Saint Vincent and the Grenadines that has less than two years of experience can expect to earn somewhere in the region of 35,520 XCD.
  • 2 - 5 Years Experience. With two to five years of experience the average Media Product Development Manager salary would increase to 47,720 XCD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Media Product Development Manager, the average salary would be 68,900 XCD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 83,200 XCD.
  • 15 - 20 Years Experience. A Media Product Development Manager with 15 to 20 years of experience can earn an average of 88,580 XCD.
  • 20+ Years Experience. For a Media Product Development Manager with more than 20 years, the expected average salary increases to 96,600 XCD.

Average Salary by Experience Chart

0-2 Years
35,520 XCD
2-5 Years +38%
47,720 XCD
5-10 Years +42%
68,900 XCD
10-15 Years +22%
83,200 XCD
15-20 Years +6%
88,580 XCD
20+ Years +9%
96,600 XCD

Media Product Development Manager Salary by Education Level in Saint Vincent and the Grenadines

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 Product Development Manager in Saint Vincent and the Grenadines 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 Product Development Manager in Saint Vincent and the Grenadines with a high school education can earn an average salary of 41,480 XCD.

  • Certificate or Diploma. A Media Product Development Manager in Saint Vincent and the Grenadines with a certificate or diploma education can earn an average salary of 51,080 XCD.

  • Bachelor's Degree. A Media Product Development Manager in Saint Vincent and the Grenadines with a bachelor's degree education can earn an average salary of 71,280 XCD.

  • Master's Degree. A Media Product Development Manager in Saint Vincent and the Grenadines with a master's degree education can earn an average salary of 96,600 XCD.

Average Salary by Education Chart

High School
41,480 XCD
Certificate or Diploma +17%
51,080 XCD
Bachelor's Degree +46%
71,280 XCD
Master's Degree +31%
96,600 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 Vincent and the Grenadines is around 17,000 to 50,900 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.

Media Product Development Manager 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 Vincent and the Grenadines, a male media product development manager will earn an average of 68,400 XCD, while a female media product development manager will earn around 58,800 XCD.

This means that a male media product development manager earns approximately 16% more than a female media product development manager for performing the same job.

Average Salary by Gender Chart in Saint Vincent and the Grenadines

Male
68,400 XCD
Female -16%
58,800 XCD

Media Product Development Manager Average Pay Raise in Saint Vincent and the Grenadines

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 Product Development Manager in Saint Vincent and the Grenadines is around 8% every 30 months.

The national average pay raise across all professions and industries in Saint Vincent and the Grenadines 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 = ( 8 ÷ 30 ) × 12  = 3%

What this means is that a Media Product Development Manager in Saint Vincent and the Grenadines can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Saint Vincent and the Grenadines for 2024

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

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
7%
Energy
5%
Information Technology
3%
Healthcare
1%
Travel
8%
Construction
6%
Education
4%

Media Product Development Manager Bonus and Incentive Rates in Saint Vincent and the Grenadines

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 Product Development Manager is a moderate bonus based job, with 67% of employees reporting at least one bonus in the last 12 months.

33% 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 5% to 9%.

Received Bonus
67%
No Bonus
33%

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 Vincent and the Grenadines earn approximately 19% more than private sector employees in the same role.

Public Sector
45,060 XCD
Private Sector -19%
37,880 XCD

Salaries for Jobs Similar to a Media Product Development Manager

In the table below, we have salary information for jobs that are similar to a Media Product Development Manager in Saint Vincent and the Grenadines.

Job Title Category Salary
3D Artist Media / Broadcasting / Arts / Entertainment 31,980 XCD
3D Designer Media / Broadcasting / Arts / Entertainment 35,500 XCD
3D Generalist Media / Broadcasting / Arts / Entertainment 28,860 XCD
3D Visualization Specialist Media / Broadcasting / Arts / Entertainment 33,980 XCD
Acrobatic Rigger Media / Broadcasting / Arts / Entertainment 21,980 XCD
Actor Media / Broadcasting / Arts / Entertainment 47,120 XCD
Art Administrator Media / Broadcasting / Arts / Entertainment 40,140 XCD
Art Director Media / Broadcasting / Arts / Entertainment 46,840 XCD
Art Lead Media / Broadcasting / Arts / Entertainment 46,280 XCD
Associate Media Director Media / Broadcasting / Arts / Entertainment 41,900 XCD
Associate Producer Media / Broadcasting / Arts / Entertainment 46,880 XCD
Broadcast and Sound Engineer Media / Broadcasting / Arts / Entertainment 31,340 XCD
Broadcast Associate Media / Broadcasting / Arts / Entertainment 27,380 XCD
Broadcast News Analyst Media / Broadcasting / Arts / Entertainment 36,160 XCD
Broadcast Technician Media / Broadcasting / Arts / Entertainment 21,380 XCD
Broadcasting Journalist Media / Broadcasting / Arts / Entertainment 44,180 XCD
Broadcasting Presenter Media / Broadcasting / Arts / Entertainment 43,080 XCD
Camera Equipment Repairer Media / Broadcasting / Arts / Entertainment 24,280 XCD
Camera Operator Media / Broadcasting / Arts / Entertainment 21,560 XCD
Cartoonist / Animator Media / Broadcasting / Arts / Entertainment 33,440 XCD
CAS Engineer Media / Broadcasting / Arts / Entertainment 38,260 XCD
Censorship Executive Media / Broadcasting / Arts / Entertainment 41,660 XCD
Choreographer Media / Broadcasting / Arts / Entertainment 34,080 XCD
Colorist Media / Broadcasting / Arts / Entertainment 17,760 XCD
Communications Manager Media / Broadcasting / Arts / Entertainment 49,020 XCD
Correspondent Media / Broadcasting / Arts / Entertainment 39,080 XCD
Dance Director Media / Broadcasting / Arts / Entertainment 37,200 XCD
Dancer Media / Broadcasting / Arts / Entertainment 31,380 XCD
Director of Photography Media / Broadcasting / Arts / Entertainment 40,140 XCD
Disc Jockey Media / Broadcasting / Arts / Entertainment 23,260 XCD
Editorial Assistant Media / Broadcasting / Arts / Entertainment 19,020 XCD
Events Manager Media / Broadcasting / Arts / Entertainment 38,260 XCD
Graphic Designer Media / Broadcasting / Arts / Entertainment 25,680 XCD
Illustrator Media / Broadcasting / Arts / Entertainment 29,040 XCD
Industrial Designer Media / Broadcasting / Arts / Entertainment 20,460 XCD
Instructional Designer Media / Broadcasting / Arts / Entertainment 22,540 XCD
Journalist Media / Broadcasting / Arts / Entertainment 42,040 XCD
Makeup Artist Media / Broadcasting / Arts / Entertainment 22,340 XCD
Media Design Manager Media / Broadcasting / Arts / Entertainment 61,760 XCD
Media Equipment Operator Media / Broadcasting / Arts / Entertainment 21,020 XCD
Media Operations Manager Media / Broadcasting / Arts / Entertainment 47,720 XCD
Media Planner Media / Broadcasting / Arts / Entertainment 31,520 XCD
Media Producer Media / Broadcasting / Arts / Entertainment 45,060 XCD
Media Production Manager Media / Broadcasting / Arts / Entertainment 61,840 XCD
Media Program Director Media / Broadcasting / Arts / Entertainment 66,960 XCD
Media Relation Executive Media / Broadcasting / Arts / Entertainment 63,040 XCD
Media Relations Manager Media / Broadcasting / Arts / Entertainment 64,560 XCD
Media Sales Manager Media / Broadcasting / Arts / Entertainment 67,360 XCD
Movement and Dance Coordinator Media / Broadcasting / Arts / Entertainment 38,260 XCD
Multimedia Coordinator Media / Broadcasting / Arts / Entertainment 23,080 XCD
Multimedia Designer Media / Broadcasting / Arts / Entertainment 25,220 XCD
Music Consultant Media / Broadcasting / Arts / Entertainment 32,620 XCD
Musician Media / Broadcasting / Arts / Entertainment 25,160 XCD
News Associate Media / Broadcasting / Arts / Entertainment 31,980 XCD
News Reporter Media / Broadcasting / Arts / Entertainment 43,260 XCD
Post Production Assistant Media / Broadcasting / Arts / Entertainment 20,760 XCD
Producer Media / Broadcasting / Arts / Entertainment 60,340 XCD
Product Designer Media / Broadcasting / Arts / Entertainment 23,260 XCD
Product Planner Media / Broadcasting / Arts / Entertainment 31,960 XCD
Production Artist Media / Broadcasting / Arts / Entertainment 32,960 XCD
Production Assistant Media / Broadcasting / Arts / Entertainment 20,000 XCD
Production Director Media / Broadcasting / Arts / Entertainment 48,560 XCD
Production Technician Media / Broadcasting / Arts / Entertainment 20,460 XCD
Program Researcher Media / Broadcasting / Arts / Entertainment 41,980 XCD
Promotion Coordinator Media / Broadcasting / Arts / Entertainment 30,220 XCD
Sound Engineer Media / Broadcasting / Arts / Entertainment 31,180 XCD
Sound Engineering Technician Media / Broadcasting / Arts / Entertainment 18,780 XCD
Stage Technician Media / Broadcasting / Arts / Entertainment 20,300 XCD
Sub Editor Media / Broadcasting / Arts / Entertainment 21,980 XCD
Television Executive Producer Media / Broadcasting / Arts / Entertainment 66,840 XCD
Transmission Engineer Media / Broadcasting / Arts / Entertainment 35,520 XCD
Video Editor Media / Broadcasting / Arts / Entertainment 28,660 XCD
Video Producer Media / Broadcasting / Arts / Entertainment 34,980 XCD
Videographer Media / Broadcasting / Arts / Entertainment 33,960 XCD
Visual Designer Media / Broadcasting / Arts / Entertainment 34,960 XCD

Link To or Reference This Page

We spend a lot of time collecting, cleaning, merging, and formatting the data that is shown on the site to be as useful to you as possible.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference World Salaries as the source. We appreciate your support!

  • "Average Media Product Development Manager Salary in Saint Vincent and the Grenadines for 2024". World Salaries. Accessed on March 28, 2024. https://worldsalaries.com/average-media-product-development-manager-salary-in-saint-vincent-and-the-grenadines/.

  • "Average Media Product Development Manager Salary in Saint Vincent and the Grenadines for 2024". World Salaries, https://worldsalaries.com/average-media-product-development-manager-salary-in-saint-vincent-and-the-grenadines/. Accessed 28 March, 2024

  • Average Media Product Development Manager Salary in Saint Vincent and the Grenadines for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-media-product-development-manager-salary-in-saint-vincent-and-the-grenadines/.