Average Pharmaceutical Manager Salary in Grenada for 2026

In this article, we will look at the average Pharmaceutical Manager salary for 2026 in Grenada 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 Pharmaceutical Manager Make in Grenada?

A Pharmaceutical Manager working in Grenada will typically earn around 159,500 XCD per year, and this can range from the lowest average salary of about 73,820 XCD to the highest average salary of 254,700 XCD.

Average Annual Salary159,500 XCD
Average Monthly Salary13,291 XCD
Average Lowest Salary73,820 XCD
Lowest Monthly Salary6,151 XCD
Average Highest Salary254,700 XCD
Highest Monthly Salary21,225 XCD

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

Pharmaceutical 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 Pharmaceutical Manager Salaries in Grenada

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

Salary ranges

We already know that a Pharmaceutical Manager can earn between 73,820 XCD and 254,700 XCD on average in Grenada. 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 Pharmaceutical Manager in Grenada is 172,200 XCD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 172,200 XCD, and 50% of the population earn more than 172,200 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 Pharmaceutical Manager salary in Grenada, 25% of the population are earning less than 110,380 XCD while 75% of the population earn more than 110,380 XCD.

75% of the population earn less than 225,300 XCD, and 25% of the population earn more than 225,300 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.

Pharmaceutical Manager Salary by Experience Level in Grenada

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 Pharmaceutical 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 Pharmaceutical Manager in Grenada that has less than two years of experience can expect to earn somewhere in the region of 88,260 XCD.
  • 2 - 5 Years Experience. With two to five years of experience the average Pharmaceutical Manager salary would increase to 119,700 XCD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Pharmaceutical Manager, the average salary would be 172,200 XCD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 208,600 XCD.
  • 15 - 20 Years Experience. A Pharmaceutical Manager with 15 to 20 years of experience can earn an average of 218,900 XCD.
  • 20+ Years Experience. For a Pharmaceutical Manager with more than 20 years, the expected average salary increases to 239,000 XCD.

Average Salary by Experience Chart

0-2 Years-
88,260 XCD
2-5 Years+38%
119,700 XCD
5-10 Years+42%
172,200 XCD
10-15 Years+22%
208,600 XCD
15-20 Years+6%
218,900 XCD
20+ Years+9%
239,000 XCD

Pharmaceutical Manager Salary by Education Level in Grenada

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 Pharmaceutical Manager in Grenada 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 Pharmaceutical Manager in Grenada with a bachelor's degree education can earn an average salary of 112,280 XCD.
  • Master's Degree. A Pharmaceutical Manager in Grenada with a master's degree education can earn an average salary of 172,400 XCD.
  • PhD. A Pharmaceutical Manager in Grenada with a phd education can earn an average salary of 228,000 XCD.

Average Salary by Education Chart

Bachelor's Degree-
112,280 XCD
Master's Degree+55%
172,400 XCD
PhD+33%
228,000 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 Grenada is around 31,300 to 94,000 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.

Pharmaceutical 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 Grenada, a male pharmaceutical manager will earn an average of 172,400 XCD, while a female pharmaceutical manager will earn around 152,100 XCD.

This means that a male pharmaceutical manager earns approximately 13% more than a female pharmaceutical manager for performing the same job.

Average Salary by Gender Chart in Grenada

Male-
172,400 XCD
Female-13%
152,100 XCD

Pharmaceutical Manager Average Pay Raise in Grenada

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 Pharmaceutical Manager in Grenada is around 9% every 30 months.

The national average pay raise across all professions and industries in Grenada 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 ÷ 30 ) × 12  = 4%

What this means is that a Pharmaceutical Manager in Grenada can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Grenada for 2026

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

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

Banking-
5%
Energy-
1%
Information Technology-
6%
Healthcare-
2%
Travel-
7%
Construction-
3%
Education-
8%

Pharmaceutical Manager Bonus and Incentive Rates in Grenada

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 Pharmaceutical Manager is a moderate bonus based job, with 68% of employees reporting at least one bonus in the last 12 months.

32% 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-
68%
No Bonus-
32%

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

Public Sector-
78,500 XCD
Private Sector-11%
70,840 XCD

Salaries for Jobs Similar to a Pharmaceutical Manager

In the table below, we have salary information for jobs that are similar to a Pharmaceutical Manager in Grenada.

Job TitleCategorySalary
Assistant PharmacistPharmaceutical and Biotechnology58,240 XCD
Assistant Pharmacy DirectorPharmaceutical and Biotechnology117,100 XCD
Associate Medical Affairs DirectorPharmaceutical and Biotechnology152,100 XCD
Bioinformatics ScientistPharmaceutical and Biotechnology137,400 XCD
Bioinformatics TechnicianPharmaceutical and Biotechnology60,460 XCD
Biological ScientistPharmaceutical and Biotechnology159,100 XCD
Biological TechnicianPharmaceutical and Biotechnology66,140 XCD
Biomedical EngineerPharmaceutical and Biotechnology60,920 XCD
Biomedical Engineering DirectorPharmaceutical and Biotechnology118,260 XCD
BiostatisticianPharmaceutical and Biotechnology94,800 XCD
Biotechnologist Pharmaceutical and Biotechnology94,900 XCD
Biotechnology Lead Data ManagerPharmaceutical and Biotechnology73,820 XCD
Chemical Process TechnicianPharmaceutical and Biotechnology68,360 XCD
Clinical ConsultantPharmaceutical and Biotechnology99,920 XCD
Clinical Data ManagerPharmaceutical and Biotechnology87,940 XCD
Clinical Data SpecialistPharmaceutical and Biotechnology91,560 XCD
Clinical Informatics SpecialistPharmaceutical and Biotechnology68,900 XCD
Clinical Operations ManagerPharmaceutical and Biotechnology134,600 XCD
Clinical PharmacistPharmaceutical and Biotechnology93,880 XCD
Clinical Pharmacy SpecialistPharmaceutical and Biotechnology108,300 XCD
Clinical ProgrammerPharmaceutical and Biotechnology46,980 XCD
Clinical Project ManagerPharmaceutical and Biotechnology91,560 XCD
Clinical Research AssociatePharmaceutical and Biotechnology83,140 XCD
Clinical Research ManagerPharmaceutical and Biotechnology127,700 XCD
Clinical Study ManagerPharmaceutical and Biotechnology116,780 XCD
Compliance SpecialistPharmaceutical and Biotechnology91,960 XCD
Cytology Laboratory TechnologistPharmaceutical and Biotechnology70,840 XCD
CytotechnologistPharmaceutical and Biotechnology78,620 XCD
GCP AuditorPharmaceutical and Biotechnology78,400 XCD
Hospital Pharmacy TechnicianPharmaceutical and Biotechnology72,360 XCD
Manufacturing EngineerPharmaceutical and Biotechnology77,640 XCD
Medical Affairs DirectorPharmaceutical and Biotechnology143,200 XCD
Medical Representative Pharmaceutical and Biotechnology59,940 XCD
Medical Science LiaisonPharmaceutical and Biotechnology109,520 XCD
Molecular and Cellular BiologistPharmaceutical and Biotechnology152,100 XCD
Nuclear PharmacistPharmaceutical and Biotechnology91,520 XCD
Pharmaceutical Manufacturing LeadPharmaceutical and Biotechnology174,000 XCD
Pharmaceutical Operations Excellence ManagerPharmaceutical and Biotechnology154,700 XCD
Pharmaceutical Process EngineerPharmaceutical and Biotechnology87,760 XCD
Pharmaceutical Production Assistant ManagerPharmaceutical and Biotechnology97,460 XCD
Pharmaceutical Project ManagerPharmaceutical and Biotechnology102,020 XCD
Pharmaceutical Quality AuditorPharmaceutical and Biotechnology99,080 XCD
Pharmaceutical Regulatory Affairs AssistantPharmaceutical and Biotechnology71,400 XCD
Pharmaceutical Regulatory Affairs ManagerPharmaceutical and Biotechnology107,860 XCD
Pharmaceutical Regulatory Affairs SpecialistPharmaceutical and Biotechnology79,500 XCD
Pharmaceutical RepresentativePharmaceutical and Biotechnology62,060 XCD
Pharmaceutical Research AssociatePharmaceutical and Biotechnology94,900 XCD
Pharmaceutical Research ScientistPharmaceutical and Biotechnology138,200 XCD
Pharmaceutical ResearcherPharmaceutical and Biotechnology130,400 XCD
Pharmaceutical Sales ManagerPharmaceutical and Biotechnology129,000 XCD
Pharmaceutical Sales RepresentativePharmaceutical and Biotechnology58,800 XCD
Pharmaceutical Sales and Marketing ManagerPharmaceutical and Biotechnology111,920 XCD
Pharmaceutical Supply Chain ManagerPharmaceutical and Biotechnology139,100 XCD
Pharmaceutical Team LeaderPharmaceutical and Biotechnology99,920 XCD
Pharmaceutical TechnologistPharmaceutical and Biotechnology67,120 XCD
PharmacistPharmaceutical and Biotechnology97,640 XCD
Pharmacy AidePharmaceutical and Biotechnology60,400 XCD
Pharmacy ManagerPharmaceutical and Biotechnology136,100 XCD
Pharmacy Stock ControllerPharmaceutical and Biotechnology55,820 XCD
Pharmacy TechnicianPharmaceutical and Biotechnology56,140 XCD
Records Management CoordinatorPharmaceutical and Biotechnology50,340 XCD
Shift EncapsulatorPharmaceutical and Biotechnology57,320 XCD
Staff PharmacistPharmaceutical and Biotechnology95,760 XCD

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