Average Product Marketing Executive Salary in Montserrat for 2024

In this article, we will look at the average Product Marketing Executive salary for 2024 in Montserrat 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 Product Marketing Executive Make in Montserrat?

A Product Marketing Executive working in Montserrat will typically earn around 44,720 XCD per year, and this can range from the lowest average salary of about 21,400 XCD to the highest average salary of 69,040 XCD.

Average Annual Salary
44,720 XCD
Average Monthly Salary
3,726 XCD

Lowest Annual Salary
21,400 XCD
Lowest Monthly Salary
1,783 XCD

Highest Annual Salary
69,040 XCD
Highest Monthly Salary
5,753 XCD

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

Product Marketing Executive 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 Product Marketing Executive Salaries in Montserrat

So we've looked at the average salaries a Product Marketing Executive will earn in Montserrat. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Product Marketing Executive can earn between 21,400 XCD and 69,040 XCD on average in Montserrat. 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 Product Marketing Executive in Montserrat is 45,580 XCD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 45,580 XCD, and 50% of the population earn more than 45,580 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 Product Marketing Executive salary in Montserrat, 25% of the population are earning less than 30,220 XCD while 75% of the population earn more than 30,220 XCD.

75% of the population earn less than 63,700 XCD, and 25% of the population earn more than 63,700 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.

Product Marketing Executive Salary by Experience Level in Montserrat

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 product marketing executive 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 Product Marketing Executive in Montserrat that has less than two years of experience can expect to earn somewhere in the region of 25,220 XCD.
  • 2 - 5 Years Experience. With two to five years of experience the average Product Marketing Executive salary would increase to 34,160 XCD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Product Marketing Executive, the average salary would be 45,600 XCD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 59,240 XCD.
  • 15 - 20 Years Experience. A Product Marketing Executive with 15 to 20 years of experience can earn an average of 60,160 XCD.
  • 20+ Years Experience. For a Product Marketing Executive with more than 20 years, the expected average salary increases to 65,080 XCD.

Average Salary by Experience Chart

0-2 Years
25,220 XCD
2-5 Years +38%
34,160 XCD
5-10 Years +42%
45,600 XCD
10-15 Years +22%
59,240 XCD
15-20 Years +6%
60,160 XCD
20+ Years +9%
65,080 XCD

Product Marketing Executive Salary by Education Level in Montserrat

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 Product Marketing Executive in Montserrat 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 Product Marketing Executive in Montserrat with a high school education can earn an average salary of 28,680 XCD.

  • Certificate or Diploma. A Product Marketing Executive in Montserrat with a certificate or diploma education can earn an average salary of 35,300 XCD.

  • Bachelor's Degree. A Product Marketing Executive in Montserrat with a bachelor's degree education can earn an average salary of 50,340 XCD.

  • Master's Degree. A Product Marketing Executive in Montserrat with a master's degree education can earn an average salary of 65,080 XCD.

Average Salary by Education Chart

High School
28,680 XCD
Certificate or Diploma +17%
35,300 XCD
Bachelor's Degree +45%
50,340 XCD
Master's Degree +31%
65,080 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 Montserrat is around 13,600 to 40,700 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.

Product Marketing Executive 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 Montserrat, a male product marketing executive will earn an average of 48,160 XCD, while a female product marketing executive will earn around 40,600 XCD.

This means that a male product marketing executive earns approximately 19% more than a female product marketing executive for performing the same job.

Average Salary by Gender Chart in Montserrat

Male
48,160 XCD
Female -19%
40,600 XCD

Product Marketing Executive Average Pay Raise in Montserrat

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 Product Marketing Executive in Montserrat is around 8% every 30 months.

The national average pay raise across all professions and industries in Montserrat is around 4% every 29 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 ÷ 30 ) × 12  = 3%

What this means is that a Product Marketing Executive in Montserrat can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Montserrat for 2024

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

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

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Product Marketing Executive Bonus and Incentive Rates in Montserrat

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 Product Marketing Executive is a moderate bonus based job, with 66% of employees reporting at least one bonus in the last 12 months.

34% 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
66%
No Bonus
34%

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 Montserrat earn approximately 10% more than private sector employees in the same role.

Public Sector
34,540 XCD
Private Sector -10%
31,400 XCD

Salaries for Jobs Similar to a Product Marketing Executive

In the table below, we have salary information for jobs that are similar to a Product Marketing Executive in Montserrat.

Job Title Category Salary
Account Handler Marketing 27,380 XCD
Affiliate Manager Marketing 38,180 XCD
Analytics Specialist Marketing 24,720 XCD
Assistant Brand Manager Marketing 37,740 XCD
Assistant Product Manager Marketing 42,040 XCD
Associate Marketing Manager Marketing 41,660 XCD
Associate Product Manager Marketing 40,640 XCD
Brand Ambassador Marketing 48,140 XCD
Brand Director Marketing 58,440 XCD
Brand Executive Marketing 56,140 XCD
Brand Manager Marketing 54,500 XCD
Business Analytics Specialist Marketing 25,660 XCD
Business Channel Manager Marketing 36,800 XCD
Business Intelligence Team Leader Marketing 38,140 XCD
Campaign Specialist Marketing 31,980 XCD
Chief Marketing Officer Marketing 54,560 XCD
Chief Product Officer Marketing 53,320 XCD
Communications Officer Marketing 17,760 XCD
Content Manager Marketing 31,380 XCD
Content Marketing Strategist Marketing 34,980 XCD
Copy Editer Marketing 20,760 XCD
Copy Writer Marketing 21,560 XCD
Creative Marketing Lead Marketing 35,520 XCD
Creative Writer Marketing 21,980 XCD
Digital Marketer Marketing 33,960 XCD
Digital Marketing Manager Marketing 44,540 XCD
Digital Marketing Strategist Marketing 43,080 XCD
Digital Media Specialist Marketing 40,560 XCD
Director of Marketing Marketing 56,460 XCD
Director of Research Marketing 41,560 XCD
eMarketing Manager Marketing 47,760 XCD
Event Marketing Marketing 45,580 XCD
Head of Executive Search Marketing 46,880 XCD
Key Affiliate Manager Marketing 41,700 XCD
Localization Manager Marketing 39,160 XCD
Market Development Executive Marketing 48,200 XCD
Market Development Manager Marketing 44,540 XCD
Market Research Analyst Marketing 38,060 XCD
Market Research Manager Marketing 40,420 XCD
Market Segmentation Director Marketing 43,760 XCD
Marketing Account Supervisor Marketing 37,200 XCD
Marketing Administrator Marketing 28,180 XCD
Marketing Advisor Marketing 34,980 XCD
Marketing Analyst Marketing 34,960 XCD
Marketing and Communications Officer Marketing 21,560 XCD
Marketing and Sales Head Marketing 59,240 XCD
Marketing Assistant Marketing 20,500 XCD
Marketing Associate Marketing 19,640 XCD
Marketing Communications Manager Marketing 38,060 XCD
Marketing Consultant Marketing 38,780 XCD
Marketing Coordinator Marketing 20,120 XCD
Marketing Director Marketing 59,000 XCD
Marketing Distribution Executive Marketing 48,140 XCD
Marketing Executive Marketing 48,140 XCD
Marketing Manager Marketing 59,240 XCD
Marketing Officer Marketing 16,980 XCD
Marketing Segment Manager Marketing 41,660 XCD
Marketing Specialist Marketing 27,480 XCD
Marketing Supervisor Marketing 36,940 XCD
Marketing Vice President Marketing 45,600 XCD
Marketing Writer Marketing 21,560 XCD
Online Marketing Analyst Marketing 31,960 XCD
Online Marketing Manager Marketing 42,320 XCD
Optimization Manager Marketing 35,260 XCD
Outbound Sales Marketing 27,020 XCD
Outreach Coordinator Marketing 22,340 XCD
Outreach Specialist Marketing 32,960 XCD
Product Development Marketing 38,340 XCD
Product Manager Marketing 47,540 XCD
Product Marketing Engineer Marketing 25,940 XCD
Product Marketing Manager Marketing 46,400 XCD
Product Researcher Marketing 23,500 XCD
Product Strategist Marketing 35,300 XCD
Product Strategy Researcher Marketing 35,500 XCD
Product Training Specialist Marketing 26,660 XCD
Project Manager Marketing 34,380 XCD
Publications Coordinator Marketing 21,380 XCD
Research Executive Marketing 41,700 XCD
Sales and Marketing Assistant Marketing 16,340 XCD
Sales and Marketing Coordinator Marketing 18,280 XCD
Sales and Marketing Director Marketing 60,880 XCD
Sales Director Marketing 58,200 XCD
Sales Management Support Marketing 19,380 XCD
Sales Manager Marketing 51,900 XCD
Search Marketing Strategist Marketing 45,720 XCD
Social Media Administrator Marketing 34,080 XCD
Social Media Specialist Marketing 31,040 XCD
Spaceman Analyst Marketing 15,700 XCD
Sponsorship Consultant Marketing 27,480 XCD
Team Leader Marketing 34,980 XCD
Telemarketer Marketing 17,860 XCD
Trade Marketing Executive Marketing 42,320 XCD
Trade Marketing Manager Marketing 43,080 XCD
Trade Marketing Professional Marketing 35,500 XCD
Trade Marketing Specialist Marketing 25,940 XCD
Web Analytics Manager Marketing 37,620 XCD
Web Content Manager Marketing 35,420 XCD

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