Average Pharmaceutical Researcher Salary in Dominica for 2024

In this article, we will look at the average Pharmaceutical Researcher salary for 2024 in Dominica 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 Researcher Make in Dominica?

A Pharmaceutical Researcher working in Dominica will typically earn around 33,440 XCD per year, and this can range from the lowest average salary of about 14,660 XCD to the highest average salary of 50,980 XCD.

Average Annual Salary
33,440 XCD
Average Monthly Salary
2,786 XCD

Lowest Annual Salary
14,660 XCD
Lowest Monthly Salary
1,221 XCD

Highest Annual Salary
50,980 XCD
Highest Monthly Salary
4,248 XCD

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

Pharmaceutical Researcher 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 Researcher Salaries in Dominica

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

Salary ranges

We already know that a Pharmaceutical Researcher can earn between 14,660 XCD and 50,980 XCD on average in Dominica. 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 Researcher in Dominica is 34,960 XCD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 34,960 XCD, and 50% of the population earn more than 34,960 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 Researcher salary in Dominica, 25% of the population are earning less than 23,400 XCD while 75% of the population earn more than 23,400 XCD.

75% of the population earn less than 45,000 XCD, and 25% of the population earn more than 45,000 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 Researcher Salary by Experience Level in Dominica

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 researcher 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 Researcher in Dominica that has less than two years of experience can expect to earn somewhere in the region of 15,380 XCD.
  • 2 - 5 Years Experience. With two to five years of experience the average Pharmaceutical Researcher salary would increase to 22,420 XCD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Pharmaceutical Researcher, the average salary would be 32,900 XCD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 41,700 XCD.
  • 15 - 20 Years Experience. A Pharmaceutical Researcher with 15 to 20 years of experience can earn an average of 45,200 XCD.
  • 20+ Years Experience. For a Pharmaceutical Researcher with more than 20 years, the expected average salary increases to 45,720 XCD.

Average Salary by Experience Chart

0-2 Years
15,380 XCD
2-5 Years +34%
22,420 XCD
5-10 Years +48%
32,900 XCD
10-15 Years +22%
41,700 XCD
15-20 Years +9%
45,200 XCD
20+ Years +8%
45,720 XCD

Pharmaceutical Researcher Salary by Education Level in Dominica

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 Researcher in Dominica 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 Researcher in Dominica with a bachelor's degree education can earn an average salary of 18,280 XCD.

  • Master's Degree. A Pharmaceutical Researcher in Dominica with a master's degree education can earn an average salary of 28,680 XCD.

  • PhD. A Pharmaceutical Researcher in Dominica with a phd education can earn an average salary of 49,560 XCD.

Average Salary by Education Chart

Bachelor's Degree
18,280 XCD
Master's Degree +57%
28,680 XCD
PhD +68%
49,560 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 Dominica is around 7,470 to 22,400 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 Researcher 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 Dominica, a male pharmaceutical researcher will earn an average of 35,300 XCD, while a female pharmaceutical researcher will earn around 27,560 XCD.

This means that a male pharmaceutical researcher earns approximately 28% more than a female pharmaceutical researcher for performing the same job.

Average Salary by Gender Chart in Dominica

Male
35,300 XCD
Female -28%
27,560 XCD

Pharmaceutical Researcher Average Pay Raise in Dominica

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 Researcher in Dominica is around 8% every 29 months.

The national average pay raise across all professions and industries in Dominica 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 = ( 8 ÷ 29 ) × 12  = 3%

What this means is that a Pharmaceutical Researcher in Dominica can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Dominica for 2024

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

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%

Pharmaceutical Researcher Bonus and Incentive Rates in Dominica

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 Researcher is a low bonus based job, with 43% of employees reporting at least one bonus in the last 12 months.

57% 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 2% to 7%.

Received Bonus
43%
No Bonus
57%

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 Dominica earn approximately 1% more than private sector employees in the same role.

Public Sector
17,740 XCD
Private Sector -1%
17,540 XCD

Salaries for Jobs Similar to a Pharmaceutical Researcher

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

Job Title Category Salary
Assistant Pharmacist Pharmaceutical and Biotechnology 14,660 XCD
Assistant Pharmacy Director Pharmaceutical and Biotechnology 28,660 XCD
Associate Medical Affairs Director Pharmaceutical and Biotechnology 40,140 XCD
Bioinformatics Scientist Pharmaceutical and Biotechnology 35,560 XCD
Bioinformatics Technician Pharmaceutical and Biotechnology 13,100 XCD
Biological Scientist Pharmaceutical and Biotechnology 35,420 XCD
Biological Technician Pharmaceutical and Biotechnology 17,260 XCD
Biomedical Engineer Pharmaceutical and Biotechnology 14,920 XCD
Biomedical Engineering Director Pharmaceutical and Biotechnology 28,680 XCD
Biostatistician Pharmaceutical and Biotechnology 24,280 XCD
Biotechnologist Pharmaceutical and Biotechnology 22,420 XCD
Biotechnology Lead Data Manager Pharmaceutical and Biotechnology 18,780 XCD
Chemical Process Technician Pharmaceutical and Biotechnology 14,820 XCD
Clinical Consultant Pharmaceutical and Biotechnology 22,540 XCD
Clinical Data Manager Pharmaceutical and Biotechnology 23,520 XCD
Clinical Data Specialist Pharmaceutical and Biotechnology 21,640 XCD
Clinical Informatics Specialist Pharmaceutical and Biotechnology 16,340 XCD
Clinical Operations Manager Pharmaceutical and Biotechnology 35,560 XCD
Clinical Pharmacist Pharmaceutical and Biotechnology 23,520 XCD
Clinical Pharmacy Specialist Pharmaceutical and Biotechnology 27,300 XCD
Clinical Programmer Pharmaceutical and Biotechnology 10,080 XCD
Clinical Project Manager Pharmaceutical and Biotechnology 21,640 XCD
Clinical Research Associate Pharmaceutical and Biotechnology 21,020 XCD
Clinical Research Manager Pharmaceutical and Biotechnology 31,340 XCD
Clinical Study Manager Pharmaceutical and Biotechnology 30,800 XCD
Compliance Specialist Pharmaceutical and Biotechnology 24,820 XCD
Cytology Laboratory Technologist Pharmaceutical and Biotechnology 20,120 XCD
Cytotechnologist Pharmaceutical and Biotechnology 18,780 XCD
GCP Auditor Pharmaceutical and Biotechnology 21,100 XCD
Hospital Pharmacy Technician Pharmaceutical and Biotechnology 16,340 XCD
Manufacturing Engineer Pharmaceutical and Biotechnology 19,020 XCD
Medical Affairs Director Pharmaceutical and Biotechnology 34,540 XCD
Medical Representative Pharmaceutical and Biotechnology 15,880 XCD
Medical Science Liaison Pharmaceutical and Biotechnology 25,440 XCD
Molecular and Cellular Biologist Pharmaceutical and Biotechnology 36,020 XCD
Nuclear Pharmacist Pharmaceutical and Biotechnology 21,300 XCD
Pharmaceutical Manager Pharmaceutical and Biotechnology 40,240 XCD
Pharmaceutical Manufacturing Lead Pharmaceutical and Biotechnology 42,320 XCD
Pharmaceutical Operations Excellence Manager Pharmaceutical and Biotechnology 35,420 XCD
Pharmaceutical Process Engineer Pharmaceutical and Biotechnology 21,020 XCD
Pharmaceutical Production Assistant Manager Pharmaceutical and Biotechnology 25,160 XCD
Pharmaceutical Project Manager Pharmaceutical and Biotechnology 24,820 XCD
Pharmaceutical Quality Auditor Pharmaceutical and Biotechnology 24,200 XCD
Pharmaceutical Regulatory Affairs Assistant Pharmaceutical and Biotechnology 20,300 XCD
Pharmaceutical Regulatory Affairs Manager Pharmaceutical and Biotechnology 23,260 XCD
Pharmaceutical Regulatory Affairs Specialist Pharmaceutical and Biotechnology 18,900 XCD
Pharmaceutical Representative Pharmaceutical and Biotechnology 15,880 XCD
Pharmaceutical Research Associate Pharmaceutical and Biotechnology 22,420 XCD
Pharmaceutical Research Scientist Pharmaceutical and Biotechnology 31,980 XCD
Pharmaceutical Sales and Marketing Manager Pharmaceutical and Biotechnology 26,080 XCD
Pharmaceutical Sales Manager Pharmaceutical and Biotechnology 33,440 XCD
Pharmaceutical Sales Representative Pharmaceutical and Biotechnology 14,820 XCD
Pharmaceutical Supply Chain Manager Pharmaceutical and Biotechnology 33,520 XCD
Pharmaceutical Team Leader Pharmaceutical and Biotechnology 23,480 XCD
Pharmaceutical Technologist Pharmaceutical and Biotechnology 17,860 XCD
Pharmacist Pharmaceutical and Biotechnology 22,660 XCD
Pharmacy Aide Pharmaceutical and Biotechnology 13,560 XCD
Pharmacy Manager Pharmaceutical and Biotechnology 32,620 XCD
Pharmacy Stock Controller Pharmaceutical and Biotechnology 12,120 XCD
Pharmacy Technician Pharmaceutical and Biotechnology 14,620 XCD
Records Management Coordinator Pharmaceutical and Biotechnology 11,040 XCD
Shift Encapsulator Pharmaceutical and Biotechnology 13,900 XCD
Staff Pharmacist Pharmaceutical and Biotechnology 23,400 XCD

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