Average Motor Vehicle Inspector Salary in Bahamas for 2024

In this article, we will look at the average Motor Vehicle Inspector salary for 2024 in Bahamas 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 Bahamian dollar. To keep things simple, we are using the BSD currency code instead of the currency symbol $.

How Much Does a Motor Vehicle Inspector Make in Bahamas?

A Motor Vehicle Inspector working in Bahamas will typically earn around 24,800 BSD per year, and this can range from the lowest average salary of about 12,400 BSD to the highest average salary of 39,300 BSD.

Average Annual Salary
24,800 BSD
Average Monthly Salary
2,066 BSD

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

Highest Annual Salary
39,300 BSD
Highest Monthly Salary
3,275 BSD

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

Motor Vehicle Inspector 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 Motor Vehicle Inspector Salaries in Bahamas

So we've looked at the average salaries a Motor Vehicle Inspector will earn in Bahamas. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Motor Vehicle Inspector can earn between 12,400 BSD and 39,300 BSD on average in Bahamas. 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 Motor Vehicle Inspector in Bahamas is 24,800 BSD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 24,800 BSD, and 50% of the population earn more than 24,800 BSD.

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 Motor Vehicle Inspector salary in Bahamas, 25% of the population are earning less than 16,000 BSD while 75% of the population earn more than 16,000 BSD.

75% of the population earn less than 28,900 BSD, and 25% of the population earn more than 28,900 BSD.

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.

Motor Vehicle Inspector Salary by Experience Level in Bahamas

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 motor vehicle inspector 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 Motor Vehicle Inspector in Bahamas that has less than two years of experience can expect to earn somewhere in the region of 16,300 BSD.
  • 2 - 5 Years Experience. With two to five years of experience the average Motor Vehicle Inspector salary would increase to 19,100 BSD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Motor Vehicle Inspector, the average salary would be 27,400 BSD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 30,700 BSD.
  • 15 - 20 Years Experience. A Motor Vehicle Inspector with 15 to 20 years of experience can earn an average of 35,500 BSD.
  • 20+ Years Experience. For a Motor Vehicle Inspector with more than 20 years, the expected average salary increases to 39,500 BSD.

Average Salary by Experience Chart

0-2 Years
16,300 BSD
2-5 Years +23%
19,100 BSD
5-10 Years +42%
27,400 BSD
10-15 Years +17%
30,700 BSD
15-20 Years +10%
35,500 BSD
20+ Years +6%
39,500 BSD

Motor Vehicle Inspector Salary by Education Level in Bahamas

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 Motor Vehicle Inspector in Bahamas 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 Motor Vehicle Inspector in Bahamas with a high school education can earn an average salary of 17,800 BSD.

  • Certificate or Diploma. A Motor Vehicle Inspector in Bahamas with a certificate or diploma education can earn an average salary of 20,700 BSD.

  • Bachelor's Degree. A Motor Vehicle Inspector in Bahamas with a bachelor's degree education can earn an average salary of 29,900 BSD.

  • Master's Degree. A Motor Vehicle Inspector in Bahamas with a master's degree education can earn an average salary of 39,500 BSD.

Average Salary by Education Chart

High School
17,800 BSD
Certificate or Diploma +13%
20,700 BSD
Bachelor's Degree +31%
29,900 BSD
Master's Degree +32%
39,500 BSD

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 Bahamas is around 19,500 to 58,400 BSD 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.

Motor Vehicle Inspector 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 Bahamas, a male motor vehicle inspector will earn an average of 25,800 BSD, while a female motor vehicle inspector will earn around 22,400 BSD.

This means that a male motor vehicle inspector earns approximately 15% more than a female motor vehicle inspector for performing the same job.

Average Salary by Gender Chart in Bahamas

Male
25,800 BSD
Female -15%
22,400 BSD

Motor Vehicle Inspector Average Pay Raise in Bahamas

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 Motor Vehicle Inspector in Bahamas is around 6% every 28 months.

The national average pay raise across all professions and industries in Bahamas 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 = ( 6 ÷ 28 ) × 12  = 3%

What this means is that a Motor Vehicle Inspector in Bahamas can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Bahamas for 2024

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

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%

Motor Vehicle Inspector Bonus and Incentive Rates in Bahamas

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 Motor Vehicle Inspector is a low bonus based job, with 8% of employees reporting at least one bonus in the last 12 months.

92% 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 1% to 3%.

Received Bonus
8%
No Bonus
92%

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 Bahamas earn approximately 11% more than private sector employees in the same role.

Public Sector
51,500 BSD
Private Sector -11%
46,300 BSD

Salaries for Jobs Similar to a Motor Vehicle Inspector

In the table below, we have salary information for jobs that are similar to a Motor Vehicle Inspector in Bahamas.

Job Title Category Salary
After Sales Automotive Manager Automotive 50,300 BSD
Alignment Technician Automotive 16,800 BSD
Auto Damage Adjuster Automotive 18,200 BSD
Auto Detailer Automotive 19,200 BSD
Auto Parts Manager Automotive 62,100 BSD
Automotive Assembler Automotive 17,100 BSD
Automotive Assembly Manager Automotive 55,700 BSD
Automotive Assembly Operator Automotive 17,900 BSD
Automotive Body Repairer Automotive 19,200 BSD
Automotive Branch Manager Automotive 76,600 BSD
Automotive Central Planner Automotive 22,800 BSD
Automotive Electrician Automotive 20,000 BSD
Automotive Engineering Technician Automotive 22,400 BSD
Automotive Estimating Manager Automotive 46,400 BSD
Automotive Estimator Automotive 38,100 BSD
Automotive General Manager Automotive 89,200 BSD
Automotive Inventory Officer Automotive 18,600 BSD
Automotive Manager Automotive 87,200 BSD
Automotive Master Mechanic Automotive 27,400 BSD
Automotive Parts Supplier Automotive 27,400 BSD
Automotive Project Engineer Automotive 30,200 BSD
Automotive Project Manager Automotive 59,800 BSD
Automotive Purchase Manager Automotive 63,500 BSD
Automotive Sales Automotive 36,800 BSD
Automotive Service Technician Automotive 19,300 BSD
Automotive Technician Automotive 18,800 BSD
Automotive Test Engineer Automotive 30,100 BSD
Automotive Warranty Administrator Automotive 30,800 BSD
Automotive Warranty Clerk Automotive 17,800 BSD
Car Parts and Accessories Fitter Automotive 16,000 BSD
Car Salesman Automotive 37,200 BSD
Damage Appraiser Automotive 26,900 BSD
Diesel Engine Specialist Automotive 24,800 BSD
Job Card Opener Automotive 16,800 BSD
Lube Technician Automotive 15,800 BSD
Master File Maintenance Automotive 23,700 BSD
Materials Planner Automotive 27,300 BSD
Mechanic Automotive 18,000 BSD
Motorcycle Mechanic Automotive 17,800 BSD
Service Advisor Automotive 35,400 BSD
Service Manager Automotive 57,800 BSD
Stock Controller Automotive 23,200 BSD
Technical Advisor Automotive 35,300 BSD
Tire Retreader Automotive 15,500 BSD
Used Car Manager Automotive 49,400 BSD
Vehicle Body Maker Automotive 24,400 BSD
Vehicle Examiner Automotive 21,300 BSD
Vehicle Painter Automotive 14,200 BSD
Vehicle Trimmer Automotive 18,600 BSD
Welder Automotive 14,200 BSD

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 Motor Vehicle Inspector Salary in Bahamas for 2024". World Salaries. Accessed on March 29, 2024. https://worldsalaries.com/average-motor-vehicle-inspector-salary-in-bahamas/.

  • "Average Motor Vehicle Inspector Salary in Bahamas for 2024". World Salaries, https://worldsalaries.com/average-motor-vehicle-inspector-salary-in-bahamas/. Accessed 29 March, 2024

  • Average Motor Vehicle Inspector Salary in Bahamas for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-motor-vehicle-inspector-salary-in-bahamas/.