Average Medical Device Sales Salary in Montserrat for 2024

In this article, we will look at the average Medical Device Sales salary for 2024 in Montserrat 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 Medical Device Sales Make in Montserrat?

A Medical Device Sales working in Montserrat will typically earn around 29,320 XCD per year, and this can range from the lowest average salary of about 14,200 XCD to the highest average salary of 46,160 XCD.

Average Annual Salary
29,320 XCD
Average Monthly Salary
2,443 XCD

Lowest Annual Salary
14,200 XCD
Lowest Monthly Salary
1,183 XCD

Highest Annual Salary
46,160 XCD
Highest Monthly Salary
3,846 XCD

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

Medical Device Sales 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 Medical Device Sales Salaries in Montserrat

So we've looked at the average salaries a Medical Device Sales will earn in Montserrat. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Medical Device Sales can earn between 14,200 XCD and 46,160 XCD on average in Montserrat. 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 Medical Device Sales in Montserrat is 32,020 XCD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 32,020 XCD, and 50% of the population earn more than 32,020 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 Medical Device Sales salary in Montserrat, 25% of the population are earning less than 21,540 XCD while 75% of the population earn more than 21,540 XCD.

75% of the population earn less than 39,960 XCD, and 25% of the population earn more than 39,960 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.

Medical Device Sales Salary by Experience Level in Montserrat

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 medical device sales 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 Medical Device Sales in Montserrat that has less than two years of experience can expect to earn somewhere in the region of 17,560 XCD.
  • 2 - 5 Years Experience. With two to five years of experience the average Medical Device Sales salary would increase to 23,380 XCD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Medical Device Sales, the average salary would be 31,660 XCD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 37,380 XCD.
  • 15 - 20 Years Experience. A Medical Device Sales with 15 to 20 years of experience can earn an average of 39,420 XCD.
  • 20+ Years Experience. For a Medical Device Sales with more than 20 years, the expected average salary increases to 43,260 XCD.

Average Salary by Experience Chart

0-2 Years
17,560 XCD
2-5 Years +29%
23,380 XCD
5-10 Years +38%
31,660 XCD
10-15 Years +24%
37,380 XCD
15-20 Years +7%
39,420 XCD
20+ Years +7%
43,260 XCD

Medical Device Sales Salary by Education Level in Montserrat

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 Medical Device Sales in Montserrat 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 Medical Device Sales in Montserrat with a high school education can earn an average salary of 23,380 XCD.

  • Certificate or Diploma. A Medical Device Sales in Montserrat with a certificate or diploma education can earn an average salary of 31,340 XCD.

  • Bachelor's Degree. A Medical Device Sales in Montserrat with a bachelor's degree education can earn an average salary of 44,140 XCD.

Average Salary by Education Chart

High School
23,380 XCD
Certificate or Diploma +43%
31,340 XCD
Bachelor's Degree +38%
44,140 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 Montserrat is around 13,600 to 40,700 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.

Medical Device Sales 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 Montserrat, a male medical device sales will earn an average of 30,220 XCD, while a female medical device sales will earn around 26,100 XCD.

This means that a male medical device sales earns approximately 16% more than a female medical device sales for performing the same job.

Average Salary by Gender Chart in Montserrat

Male
30,220 XCD
Female -16%
26,100 XCD

Medical Device Sales Average Pay Raise in Montserrat

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 Medical Device Sales in Montserrat is around 7% every 29 months.

The national average pay raise across all professions and industries in Montserrat 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 ÷ 29 ) × 12  = 3%

What this means is that a Medical Device Sales in Montserrat can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Montserrat for 2024

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

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

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Medical Device Sales Bonus and Incentive Rates in Montserrat

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 Medical Device Sales is a moderate bonus based job, with 63% of employees reporting at least one bonus in the last 12 months.

37% 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
63%
No Bonus
37%

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 Montserrat earn approximately 10% more than private sector employees in the same role.

Public Sector
34,540 XCD
Private Sector -10%
31,400 XCD

Salaries for Jobs Similar to a Medical Device Sales

In the table below, we have salary information for jobs that are similar to a Medical Device Sales in Montserrat.

Job Title Category Salary
Account Manager Sales Retail and Wholesale 35,340 XCD
Account Officer Sales Retail and Wholesale 21,020 XCD
Area Manager Sales Retail and Wholesale 41,900 XCD
Area Sales Director Sales Retail and Wholesale 61,680 XCD
Area Sales Manager Sales Retail and Wholesale 55,840 XCD
Assisstant Store Supervisor Sales Retail and Wholesale 22,660 XCD
Assistant Department Manager Sales Retail and Wholesale 23,080 XCD
Assistant Retail Store Manager Sales Retail and Wholesale 26,860 XCD
Branch Manager Sales Retail and Wholesale 40,040 XCD
Branch Supervisor Sales Retail and Wholesale 35,300 XCD
Cashier Sales Retail and Wholesale 9,940 XCD
Cashier Manager Sales Retail and Wholesale 26,280 XCD
Commercial Sales Manager Sales Retail and Wholesale 53,320 XCD
Corporate Sales Manager Sales Retail and Wholesale 44,540 XCD
Depot Manager Sales Retail and Wholesale 36,700 XCD
Depot Supervisor Sales Retail and Wholesale 30,700 XCD
Deputy Sales Manager Sales Retail and Wholesale 34,280 XCD
Director of Sales Sales Retail and Wholesale 66,820 XCD
Distribution Director Sales Retail and Wholesale 43,080 XCD
District Leader Sales Retail and Wholesale 32,200 XCD
District Manager Sales Retail and Wholesale 38,700 XCD
District Sales Manager Sales Retail and Wholesale 41,900 XCD
External Sales Account Manager Sales Retail and Wholesale 36,020 XCD
Field Sales Representative Sales Retail and Wholesale 25,720 XCD
Furniture Sales Associate Sales Retail and Wholesale 16,140 XCD
Global Wholesale Manager Sales Retail and Wholesale 67,800 XCD
Head Cashier Sales Retail and Wholesale 27,020 XCD
Head of Direct Sales Sales Retail and Wholesale 48,740 XCD
Head of Retail Sales Retail and Wholesale 48,560 XCD
Head Teller Sales Retail and Wholesale 25,720 XCD
Inside Sales Sales Retail and Wholesale 19,020 XCD
Inside Sales Account Manager Sales Retail and Wholesale 29,600 XCD
Inside Sales Engineer Sales Retail and Wholesale 23,660 XCD
Inside Sales Executive Sales Retail and Wholesale 31,520 XCD
Inside Sales Representative Sales Retail and Wholesale 20,760 XCD
Internal Sales Manager Sales Retail and Wholesale 36,580 XCD
Inventory Manager Sales Retail and Wholesale 35,260 XCD
Key Account Manager Sales Retail and Wholesale 38,140 XCD
Medical Device Sales Representative Sales Retail and Wholesale 31,940 XCD
Merchandiser Sales Retail and Wholesale 23,360 XCD
National Account Manager Sales Retail and Wholesale 48,640 XCD
National Customer Solution Specialist Sales Retail and Wholesale 41,480 XCD
National Sales Manager Sales Retail and Wholesale 67,900 XCD
Outside Sales Representative Sales Retail and Wholesale 26,780 XCD
Parts Salesperson Sales Retail and Wholesale 19,380 XCD
Project Development Manager Sales Retail and Wholesale 40,040 XCD
Project Manager Sales Retail and Wholesale 40,640 XCD
Project Sales Executive Sales Retail and Wholesale 41,660 XCD
Purchasing and Sales Executive Sales Retail and Wholesale 54,500 XCD
Quotation Engineer Sales Retail and Wholesale 19,940 XCD
Regional Sales Director Sales Retail and Wholesale 67,900 XCD
Regional Sales Manager Sales Retail and Wholesale 64,620 XCD
Relationship Manager Sales Retail and Wholesale 45,620 XCD
Retail Merchandiser Sales Retail and Wholesale 14,140 XCD
Retail Operations Manager Sales Retail and Wholesale 39,160 XCD
Retail Sales Associate Sales Retail and Wholesale 29,160 XCD
Retail Sales Representative Sales Retail and Wholesale 22,340 XCD
Retail Salesperson Sales Retail and Wholesale 20,000 XCD
Retail Store Manager Sales Retail and Wholesale 42,320 XCD
Retail Store Sales Person Sales Retail and Wholesale 23,380 XCD
Revenue Manager Sales Retail and Wholesale 36,580 XCD
Sales Account Manager Sales Retail and Wholesale 43,520 XCD
Sales Admin Executive Sales Retail and Wholesale 50,080 XCD
Sales Administration Manager Sales Retail and Wholesale 48,740 XCD
Sales Analyst Sales Retail and Wholesale 37,880 XCD
Sales Assistant Sales Retail and Wholesale 15,580 XCD
Sales Associate Sales Retail and Wholesale 21,540 XCD
Sales Consultant Sales Retail and Wholesale 32,620 XCD
Sales Coordinator Sales Retail and Wholesale 19,980 XCD
Sales Development Representative Sales Retail and Wholesale 26,500 XCD
Sales Director Sales Retail and Wholesale 63,500 XCD
Sales Engineer Sales Retail and Wholesale 24,840 XCD
Sales Executive Sales Retail and Wholesale 40,640 XCD
Sales Manager Sales Retail and Wholesale 56,060 XCD
Sales Officer Sales Retail and Wholesale 21,560 XCD
Sales Planner Sales Retail and Wholesale 33,520 XCD
Sales Planning Analyst Sales Retail and Wholesale 34,480 XCD
Sales Representative Sales Retail and Wholesale 20,000 XCD
Sales Service Associate Sales Retail and Wholesale 19,020 XCD
Sales Specialist Sales Retail and Wholesale 31,380 XCD
Sales Supervisor Sales Retail and Wholesale 34,480 XCD
Sales Support Sales Retail and Wholesale 15,760 XCD
Sales Support Manager Sales Retail and Wholesale 35,500 XCD
Sales Team Leader Sales Retail and Wholesale 34,960 XCD
Sales Trainer Sales Retail and Wholesale 37,380 XCD
Securities Sales Agent Sales Retail and Wholesale 36,700 XCD
Shipper / Receiver Sales Retail and Wholesale 14,540 XCD
Shop Manager Sales Retail and Wholesale 37,620 XCD
Store Development Administrator Sales Retail and Wholesale 26,660 XCD
Store Manager Sales Retail and Wholesale 41,980 XCD
Territory Sales Manager Sales Retail and Wholesale 53,320 XCD
Territory Sales Representative Sales Retail and Wholesale 30,840 XCD
Trade Marketing Officer Sales Retail and Wholesale 36,700 XCD
Treasury Officer Sales Retail and Wholesale 33,120 XCD
Vice President Sales Sales Retail and Wholesale 50,560 XCD
Visual Merchandiser Sales Retail and Wholesale 18,280 XCD

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