Average Natural Sciences Manager Salary in Bahamas for 2024

In this article, we will look at the average Natural Sciences Manager 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 Natural Sciences Manager Make in Bahamas?

A Natural Sciences Manager working in Bahamas will typically earn around 97,200 BSD per year, and this can range from the lowest average salary of about 47,800 BSD to the highest average salary of 151,800 BSD.

Average Annual Salary
97,200 BSD
Average Monthly Salary
8,100 BSD

Lowest Annual Salary
47,800 BSD
Lowest Monthly Salary
3,983 BSD

Highest Annual Salary
151,800 BSD
Highest Monthly Salary
12,650 BSD

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

Natural Sciences 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 Natural Sciences Manager Salaries in Bahamas

So we've looked at the average salaries a Natural Sciences Manager will earn in Bahamas. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Natural Sciences Manager can earn between 47,800 BSD and 151,800 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 Natural Sciences Manager in Bahamas is 98,000 BSD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 98,000 BSD, and 50% of the population earn more than 98,000 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 Natural Sciences Manager salary in Bahamas, 25% of the population are earning less than 67,000 BSD while 75% of the population earn more than 67,000 BSD.

75% of the population earn less than 127,700 BSD, and 25% of the population earn more than 127,700 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.

Natural Sciences Manager 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 natural sciences 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 Natural Sciences Manager in Bahamas that has less than two years of experience can expect to earn somewhere in the region of 54,600 BSD.
  • 2 - 5 Years Experience. With two to five years of experience the average Natural Sciences Manager salary would increase to 69,800 BSD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Natural Sciences Manager, the average salary would be 100,400 BSD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 123,000 BSD.
  • 15 - 20 Years Experience. A Natural Sciences Manager with 15 to 20 years of experience can earn an average of 130,500 BSD.
  • 20+ Years Experience. For a Natural Sciences Manager with more than 20 years, the expected average salary increases to 141,000 BSD.

Average Salary by Experience Chart

0-2 Years
54,600 BSD
2-5 Years +29%
69,800 BSD
5-10 Years +38%
100,400 BSD
10-15 Years +24%
123,000 BSD
15-20 Years +7%
130,500 BSD
20+ Years +7%
141,000 BSD

Natural Sciences Manager 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 Natural Sciences Manager in Bahamas based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. A Natural Sciences Manager in Bahamas with a bachelor's degree education can earn an average salary of 65,400 BSD.

  • Master's Degree. A Natural Sciences Manager in Bahamas with a master's degree education can earn an average salary of 90,300 BSD.

  • PhD. A Natural Sciences Manager in Bahamas with a phd education can earn an average salary of 146,900 BSD.

Average Salary by Education Chart

Bachelor's Degree
65,400 BSD
Master's Degree +38%
90,300 BSD
PhD +64%
146,900 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.

Natural Sciences 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 Bahamas, a male natural sciences manager will earn an average of 99,700 BSD, while a female natural sciences manager will earn around 91,000 BSD.

This means that a male natural sciences manager earns approximately 10% more than a female natural sciences manager for performing the same job.

Average Salary by Gender Chart in Bahamas

Male
99,700 BSD
Female -10%
91,000 BSD

Natural Sciences Manager 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 Natural Sciences Manager in Bahamas is around 9% every 29 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 = ( 9 ÷ 29 ) × 12  = 4%

What this means is that a Natural Sciences Manager in Bahamas can expect to receive an average pay raise of around 4% 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%

Natural Sciences Manager 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 Natural Sciences Manager is a low bonus based job, with 41% of employees reporting at least one bonus in the last 12 months.

59% 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
41%
No Bonus
59%

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 Natural Sciences Manager

In the table below, we have salary information for jobs that are similar to a Natural Sciences Manager in Bahamas.

Job Title Category Salary
3D Lab Technologist Science and Technical Services 44,900 BSD
Algorithm Developer Science and Technical Services 62,100 BSD
Analytical Chemist Science and Technical Services 93,800 BSD
Anthropologist Science and Technical Services 67,000 BSD
Archeologist Science and Technical Services 59,900 BSD
Assistant Breeder Science and Technical Services 30,800 BSD
Astronomer Science and Technical Services 112,700 BSD
Atmospheric and Space Scientist Science and Technical Services 85,500 BSD
Behavior Analyst Science and Technical Services 56,400 BSD
Behavior Intervention Specialist Science and Technical Services 64,800 BSD
Behavior Specialist Science and Technical Services 61,300 BSD
Biochemist Science and Technical Services 94,000 BSD
Biofuels Processing Technician Science and Technical Services 39,400 BSD
Biofuels Production Manager Science and Technical Services 69,100 BSD
Biologist Science and Technical Services 97,300 BSD
Biomedical Laboratory Officer Science and Technical Services 38,000 BSD
Biomedical Scientist Science and Technical Services 107,300 BSD
Biophysicist Science and Technical Services 100,700 BSD
Chemical Engineer Science and Technical Services 48,600 BSD
Chemical Technologist Science and Technical Services 44,900 BSD
Chemist Science and Technical Services 95,100 BSD
Chief Technologist Science and Technical Services 86,100 BSD
Climate Change Analyst Science and Technical Services 65,800 BSD
Clinical Laboratory Scientist Science and Technical Services 107,300 BSD
Computer Scientist Science and Technical Services 79,000 BSD
Conservation Scientist Science and Technical Services 82,200 BSD
Data Science Specialist Science and Technical Services 60,900 BSD
Data Scientist Science and Technical Services 75,400 BSD
DNA Analyst Science and Technical Services 98,300 BSD
Ecologist Science and Technical Services 75,800 BSD
Economic Development Specialist Science and Technical Services 77,000 BSD
Flavourist Science and Technical Services 31,800 BSD
Food Scientist Science and Technical Services 64,300 BSD
Forensic Scientist Science and Technical Services 80,800 BSD
Formulation Technologist Science and Technical Services 36,900 BSD
Fraud Investigator Science and Technical Services 45,600 BSD
Genomics Scientist Science and Technical Services 105,800 BSD
Geographer Science and Technical Services 51,300 BSD
Geographic Information Systems Technician Science and Technical Services 34,000 BSD
Geological Data Technician Science and Technical Services 35,100 BSD
Geological Technician Science and Technical Services 41,700 BSD
Geologist Science and Technical Services 83,000 BSD
Geomatics Scientist Science and Technical Services 78,400 BSD
Geophysical Data Technician Science and Technical Services 34,000 BSD
Geospatial Information Scientist and Technologist Science and Technical Services 74,500 BSD
Global Technical Lead Science and Technical Services 105,800 BSD
Hydrologist Science and Technical Services 65,200 BSD
Industrial Ecologist Science and Technical Services 68,500 BSD
Intelligence Analyst Science and Technical Services 58,600 BSD
Knowledge Management Specialist Science and Technical Services 50,300 BSD
Lab Analyst Science and Technical Services 42,700 BSD
Lab Manager Science and Technical Services 71,100 BSD
Lab Technician Science and Technical Services 29,300 BSD
Laboratory Manager Science and Technical Services 69,800 BSD
Laboratory Researcher Science and Technical Services 46,700 BSD
Laboratory Technician Science and Technical Services 30,800 BSD
Life Sciences Analyst Science and Technical Services 67,800 BSD
Life Scientist Science and Technical Services 81,400 BSD
Marine Architect Science and Technical Services 63,000 BSD
Marine Biologist Science and Technical Services 71,600 BSD
Marine Superintendent Science and Technical Services 42,700 BSD
Materials Analyst Science and Technical Services 42,700 BSD
Materials Scientist Science and Technical Services 70,600 BSD
Mathematician Science and Technical Services 78,200 BSD
Medical Scientist Science and Technical Services 105,200 BSD
Metallurgist Science and Technical Services 73,500 BSD
Meteorologist Science and Technical Services 73,500 BSD
Microbiologist Science and Technical Services 108,200 BSD
Natural Language Processing Researcher Science and Technical Services 66,900 BSD
Natural Resource Specialist Science and Technical Services 54,100 BSD
Natural Resources Analyst Science and Technical Services 59,800 BSD
Nuclear Engineer Science and Technical Services 102,700 BSD
Physical Scientist Science and Technical Services 80,500 BSD
Physicist Science and Technical Services 97,600 BSD
Political Scientist Science and Technical Services 72,300 BSD
Polygraph Examiner Science and Technical Services 25,800 BSD
Polysomnographic Technologist Science and Technical Services 46,700 BSD
Product Development Scientist Science and Technical Services 84,200 BSD
Quantitative Research Analyst Science and Technical Services 68,200 BSD
Quantitative Researcher Science and Technical Services 72,400 BSD
Radiation Protection Specialist Science and Technical Services 51,800 BSD
Refrigeration Technician Science and Technical Services 23,800 BSD
Research Scientist Science and Technical Services 77,000 BSD
Risk Safety Engineer Science and Technical Services 42,300 BSD
Scientific Photographer Science and Technical Services 45,000 BSD
Scientific Programmer Science and Technical Services 64,300 BSD
Scientist Science and Technical Services 73,800 BSD
Service Engineer Science and Technical Services 44,500 BSD
Service Technician Science and Technical Services 30,800 BSD
Social Science Research Assistant Science and Technical Services 43,500 BSD
Social Scientist Science and Technical Services 80,800 BSD
Sociologist Science and Technical Services 69,200 BSD
Soil Scientist Science and Technical Services 59,800 BSD
Statistical Analyst Science and Technical Services 45,000 BSD
Statistical Assistant Science and Technical Services 32,300 BSD
Statistician Science and Technical Services 68,500 BSD
Survey Analyst Science and Technical Services 44,900 BSD
Survey Researcher Science and Technical Services 40,200 BSD
Surveying and Mapping Technician Science and Technical Services 27,200 BSD
Team Leader Science and Technical Services 64,800 BSD
Technical Manager Science and Technical Services 73,100 BSD
Technical Officer Science and Technical Services 30,800 BSD
Technical Service Director Science and Technical Services 88,700 BSD
Technical Services Regulatory Affairs Specialist Science and Technical Services 46,300 BSD
Technical Services Research and Development Manager Science and Technical Services 100,700 BSD
Technical Services Research Associate Science and Technical Services 48,500 BSD
Technical Services Research Coordinator Science and Technical Services 53,600 BSD
Technician Science and Technical Services 26,400 BSD
Water Ecologist Science and Technical Services 82,300 BSD
Wildlife Biologist Science and Technical Services 72,800 BSD

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