Average Organizational Development Manager Salary in Bermuda for 2024

In this article, we will look at the average Organizational Development Manager salary for 2024 in Bermuda 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 Bermudian dollar. To keep things simple, we are using the BMD currency code instead of the currency symbol $.

How Much Does an Organizational Development Manager Make in Bermuda?

An Organizational Development Manager working in Bermuda will typically earn around 24,860 BMD per year, and this can range from the lowest average salary of about 14,620 BMD to the highest average salary of 39,800 BMD.

Average Annual Salary
24,860 BMD
Average Monthly Salary
2,071 BMD

Lowest Annual Salary
14,620 BMD
Lowest Monthly Salary
1,218 BMD

Highest Annual Salary
39,800 BMD
Highest Monthly Salary
3,316 BMD

These are average salaries for an Organizational Development Manager in Bermuda and include benefits such as housing and transport. It's also possible for an Organizational Development Manager to earn more or less than the average salaries shown above.

Organizational 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 Organizational Development Manager Salaries in Bermuda

So we've looked at the average salaries an Organizational Development Manager will earn in Bermuda. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Organizational Development Manager can earn between 14,620 BMD and 39,800 BMD on average in Bermuda. 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 an Organizational Development Manager in Bermuda is 23,080 BMD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 23,080 BMD, and 50% of the population earn more than 23,080 BMD.

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 Organizational Development Manager salary in Bermuda, 25% of the population are earning less than 16,340 BMD while 75% of the population earn more than 16,340 BMD.

75% of the population earn less than 31,080 BMD, and 25% of the population earn more than 31,080 BMD.

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.

Organizational Development Manager Salary by Experience Level in Bermuda

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 organizational 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. An Organizational Development Manager in Bermuda that has less than two years of experience can expect to earn somewhere in the region of 17,020 BMD.
  • 2 - 5 Years Experience. With two to five years of experience the average Organizational Development Manager salary would increase to 19,380 BMD.
  • 5 - 10 Years Experience. From five to ten years of experience as an Organizational Development Manager, the average salary would be 26,080 BMD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 32,200 BMD.
  • 15 - 20 Years Experience. An Organizational Development Manager with 15 to 20 years of experience can earn an average of 35,300 BMD.
  • 20+ Years Experience. For an Organizational Development Manager with more than 20 years, the expected average salary increases to 36,800 BMD.

Average Salary by Experience Chart

0-2 Years
17,020 BMD
2-5 Years +34%
19,380 BMD
5-10 Years +30%
26,080 BMD
10-15 Years +21%
32,200 BMD
15-20 Years +9%
35,300 BMD
20+ Years +5%
36,800 BMD

Organizational Development Manager Salary by Education Level in Bermuda

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 an Organizational Development Manager in Bermuda 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. An Organizational Development Manager in Bermuda with a bachelor's degree education can earn an average salary of 21,640 BMD.

  • Master's Degree. An Organizational Development Manager in Bermuda with a master's degree education can earn an average salary of 29,320 BMD.

Average Salary by Education Chart

Bachelor's Degree
21,640 BMD
Master's Degree +39%
29,320 BMD

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 Bermuda is around 7,970 to 23,900 BMD 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.

Organizational 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 Bermuda, a male organizational development manager will earn an average of 29,040 BMD, while a female organizational development manager will earn around 23,080 BMD.

This means that a male organizational development manager earns approximately 26% more than a female organizational development manager for performing the same job.

Average Salary by Gender Chart in Bermuda

Male
29,040 BMD
Female -26%
23,080 BMD

Organizational Development Manager Average Pay Raise in Bermuda

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 an Organizational Development Manager in Bermuda is around 9% every 29 months.

The national average pay raise across all professions and industries in Bermuda 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 an Organizational Development Manager in Bermuda can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Bermuda for 2024

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

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

Banking
6%
Energy
3%
Information Technology
9%
Healthcare
6%
Travel
3%
Construction
9%
Education
6%

Organizational Development Manager Bonus and Incentive Rates in Bermuda

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.

An Organizational Development Manager is a low bonus based job, with 36% of employees reporting at least one bonus in the last 12 months.

64% 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 5%.

Received Bonus
36%
No Bonus
64%

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 Bermuda earn approximately 33% more than private sector employees in the same role.

Public Sector
21,540 BMD
Private Sector -33%
16,140 BMD

Salaries for Jobs Similar to an Organizational Development Manager

In the table below, we have salary information for jobs that are similar to an Organizational Development Manager in Bermuda.

Job Title Category Salary
Benefits Administrator Human Resources 13,780 BMD
Benefits Analyst Human Resources 14,920 BMD
Benefits Manager Human Resources 23,700 BMD
Benefits Specialist Human Resources 13,100 BMD
Chief Human Resources Officer Human Resources 34,240 BMD
Chief People Officer Human Resources 29,600 BMD
Compensation Analyst Human Resources 14,540 BMD
Compensation and Benefits Manager Human Resources 24,200 BMD
Compensation and Benefits Officer Human Resources 9,740 BMD
Compensation and Benefits Specialist Human Resources 13,100 BMD
Compensation Manager Human Resources 27,300 BMD
Corporate Director of Human Resources Human Resources 31,340 BMD
Corporate Recruiter Human Resources 19,060 BMD
Corporate Trainer Human Resources 14,540 BMD
Director of Talent Acquisition Human Resources 31,540 BMD
Employee Benefits Administrator Human Resources 16,140 BMD
Employee Benefits Consultant Human Resources 24,840 BMD
Employee Benefits Coordinator Human Resources 9,440 BMD
Employee Communications Manager Human Resources 20,000 BMD
Employee Development Specialist Human Resources 21,020 BMD
Employee Engagement Specialist Human Resources 20,520 BMD
Employee Health and Wellness Administrator Human Resources 18,940 BMD
Employee Performance Specialist Human Resources 16,400 BMD
Employee Relations Analyst Human Resources 21,640 BMD
Employee Relations Manager Human Resources 21,400 BMD
Employee Relations Practitioner Human Resources 23,400 BMD
Employee Relations Representative Human Resources 17,540 BMD
Employee Relations Specialist Human Resources 23,520 BMD
Employee Services Manager Human Resources 19,980 BMD
Employee Services Specialist Human Resources 19,380 BMD
Employee Wellness Officer Human Resources 14,820 BMD
Employment Advice Worker Human Resources 9,980 BMD
Employment Interviewer Human Resources 14,840 BMD
Employment Relations Officer Human Resources 9,980 BMD
Employment Service Specialist Human Resources 13,060 BMD
Employment Services Coordinator Human Resources 12,580 BMD
Enrollment Counselor Human Resources 19,360 BMD
Equal Opportunity Representative Human Resources 16,400 BMD
Executive Human Capital Management Human Resources 33,440 BMD
Executive Recruiter Human Resources 21,560 BMD
Expatriate Administration Manager Human Resources 21,020 BMD
Expatriate Administration Supervisor Human Resources 12,580 BMD
Global Mobility Manager Human Resources 25,660 BMD
Head of Human Resources Human Resources 27,480 BMD
Headhunter Human Resources 22,540 BMD
Health Benefits Coordinator Human Resources 13,060 BMD
HRIS Analyst Human Resources 10,000 BMD
HRIS Manager Human Resources 20,300 BMD
HRIS Officer Human Resources 9,440 BMD
HRIS Supervisor Human Resources 10,220 BMD
Human Resources Administration Specialist Human Resources 11,040 BMD
Human Resources Administrative Assistant Human Resources 7,080 BMD
Human Resources Administrative Coordinator Human Resources 11,360 BMD
Human Resources Administrator Human Resources 13,780 BMD
Human Resources Advisor Human Resources 21,640 BMD
Human Resources Analyst Human Resources 20,300 BMD
Human Resources Assessor Human Resources 12,200 BMD
Human Resources Assistant Human Resources 7,300 BMD
Human Resources Assistant Manager Human Resources 23,400 BMD
Human Resources Associate Human Resources 9,020 BMD
Human Resources Consultant Human Resources 25,220 BMD
Human Resources Coordinator Human Resources 8,560 BMD
Human Resources Data Analytics Manager Human Resources 15,700 BMD
Human Resources Deputy Manager Human Resources 22,420 BMD
Human Resources Development Manager Human Resources 27,020 BMD
Human Resources Director Human Resources 30,220 BMD
Human Resources Executive Human Resources 21,380 BMD
Human Resources Generalist Human Resources 14,820 BMD
Human Resources Manager Human Resources 29,840 BMD
Human Resources Officer Human Resources 10,000 BMD
Human Resources Recruiter Human Resources 21,560 BMD
Human Resources Representative Human Resources 12,200 BMD
Human Resources Section Head Human Resources 19,480 BMD
Human Resources Services Manager Human Resources 24,720 BMD
Human Resources Specialist Human Resources 16,400 BMD
Human Resources Superintendent Human Resources 9,940 BMD
Human Resources Training Executive Human Resources 20,940 BMD
Human Resources Vice President Human Resources 31,080 BMD
Industrial Organizational Psychologist Human Resources 28,820 BMD
Job Evaluation Specialist Human Resources 21,540 BMD
Labor Relations Director Human Resources 23,260 BMD
Labor Relations Manager Human Resources 23,360 BMD
Labor Relations Specialist Human Resources 13,660 BMD
Learning and Development Manager Human Resources 24,720 BMD
Occupational Health and Safety Officer Human Resources 10,220 BMD
Organizational Development Consultant Human Resources 23,360 BMD
Organizational Development Specialist Human Resources 13,900 BMD
Payroll Assistant Human Resources 9,980 BMD
Payroll Supervisor Human Resources 11,040 BMD
People Development Officer Human Resources 17,260 BMD
Personnel Officer Human Resources 7,080 BMD
Personnel Recruiter Human Resources 20,760 BMD
Records Clerk Human Resources 6,440 BMD
Records Manager Human Resources 14,540 BMD
Recruiter Human Resources 22,420 BMD
Recruiting Coordinator Human Resources 10,080 BMD
Recruiting Manager Human Resources 27,620 BMD
Recruitment Consultant Human Resources 20,000 BMD
Recruitment Officer Human Resources 9,940 BMD
Recruitment Supervisor Human Resources 15,300 BMD
Research Associate Human Resources 7,820 BMD
SAP Resource Manager Human Resources 21,400 BMD
Talent Acquisition Manager Human Resources 31,540 BMD
Talent Acquisition Specialist Human Resources 15,300 BMD
Talent Management Officer Human Resources 13,540 BMD
Technical Recruiter Human Resources 13,900 BMD
Training Administrator Human Resources 12,620 BMD
Training and Development Manager Human Resources 29,040 BMD
Training and Development Section Head Human Resources 21,980 BMD
Training Executive Human Resources 23,080 BMD
Training Manager Human Resources 25,720 BMD
Training Officer Human Resources 9,980 BMD
Training Specialist Human Resources 15,760 BMD

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