Average Production Planner Salary in Barbados for 2024

In this article, we will look at the average Production Planner salary for 2024 in Barbados 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 Barbadian dollar. To keep things simple, we are using the BBD currency code instead of the currency symbol $.

How Much Does a Production Planner Make in Barbados?

A Production Planner working in Barbados will typically earn around 40,560 BBD per year, and this can range from the lowest average salary of about 21,640 BBD to the highest average salary of 58,000 BBD.

Average Annual Salary
40,560 BBD
Average Monthly Salary
3,380 BBD

Lowest Annual Salary
21,640 BBD
Lowest Monthly Salary
1,803 BBD

Highest Annual Salary
58,000 BBD
Highest Monthly Salary
4,833 BBD

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

Production Planner 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 Production Planner Salaries in Barbados

So we've looked at the average salaries a Production Planner will earn in Barbados. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Production Planner can earn between 21,640 BBD and 58,000 BBD on average in Barbados. 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 Production Planner in Barbados is 37,620 BBD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 37,620 BBD, and 50% of the population earn more than 37,620 BBD.

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 Production Planner salary in Barbados, 25% of the population are earning less than 24,200 BBD while 75% of the population earn more than 24,200 BBD.

75% of the population earn less than 43,520 BBD, and 25% of the population earn more than 43,520 BBD.

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.

Production Planner Salary by Experience Level in Barbados

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 production planner 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 Production Planner in Barbados that has less than two years of experience can expect to earn somewhere in the region of 26,020 BBD.
  • 2 - 5 Years Experience. With two to five years of experience the average Production Planner salary would increase to 29,600 BBD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Production Planner, the average salary would be 40,040 BBD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 49,360 BBD.
  • 15 - 20 Years Experience. A Production Planner with 15 to 20 years of experience can earn an average of 51,900 BBD.
  • 20+ Years Experience. For a Production Planner with more than 20 years, the expected average salary increases to 57,080 BBD.

Average Salary by Experience Chart

0-2 Years
26,020 BBD
2-5 Years +26%
29,600 BBD
5-10 Years +32%
40,040 BBD
10-15 Years +18%
49,360 BBD
15-20 Years +11%
51,900 BBD
20+ Years +6%
57,080 BBD

Production Planner Salary by Education Level in Barbados

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 Production Planner in Barbados 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 Production Planner in Barbados with a high school education can earn an average salary of 29,600 BBD.

  • Certificate or Diploma. A Production Planner in Barbados with a certificate or diploma education can earn an average salary of 44,300 BBD.

  • Bachelor's Degree. A Production Planner in Barbados with a bachelor's degree education can earn an average salary of 55,940 BBD.

Average Salary by Education Chart

High School
29,600 BBD
Certificate or Diploma +37%
44,300 BBD
Bachelor's Degree +29%
55,940 BBD

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 Barbados is around 16,300 to 48,800 BBD 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.

Production Planner 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 Barbados, a male production planner will earn an average of 41,660 BBD, while a female production planner will earn around 37,380 BBD.

This means that a male production planner earns approximately 11% more than a female production planner for performing the same job.

Average Salary by Gender Chart in Barbados

Male
41,660 BBD
Female -11%
37,380 BBD

Production Planner Average Pay Raise in Barbados

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 Production Planner in Barbados is around 6% every 31 months.

The national average pay raise across all professions and industries in Barbados 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 = ( 6 ÷ 31 ) × 12  = 2%

What this means is that a Production Planner in Barbados can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Barbados for 2024

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

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%

Production Planner Bonus and Incentive Rates in Barbados

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 Production Planner is a low bonus based job, with 33% of employees reporting at least one bonus in the last 12 months.

67% 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 4% to 5%.

Received Bonus
33%
No Bonus
67%

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 Barbados earn approximately 8% more than private sector employees in the same role.

Public Sector
38,780 BBD
Private Sector -8%
36,020 BBD

Salaries for Jobs Similar to a Production Planner

In the table below, we have salary information for jobs that are similar to a Production Planner in Barbados.

Job Title Category Salary
Asset Management Associate Purchasing and Inventory 37,620 BBD
Asset Protection Associate Purchasing and Inventory 32,420 BBD
Asset Protection Specialist Purchasing and Inventory 35,260 BBD
Assistant Buyer Purchasing and Inventory 33,960 BBD
Buyer Purchasing and Inventory 53,120 BBD
Capacity Planner Purchasing and Inventory 38,060 BBD
Category Leader Purchasing and Inventory 34,120 BBD
Category Management Specialist Purchasing and Inventory 36,700 BBD
Category Manager Purchasing and Inventory 44,180 BBD
Channel Services Representative Purchasing and Inventory 39,960 BBD
Contracts Manager Purchasing and Inventory 44,780 BBD
Contracts Specialist Purchasing and Inventory 34,380 BBD
Demand Planner Purchasing and Inventory 39,080 BBD
Demand Planning Manager Purchasing and Inventory 43,800 BBD
Distribution Assistant Purchasing and Inventory 31,340 BBD
Distribution Associate Purchasing and Inventory 31,520 BBD
Distribution Manager Purchasing and Inventory 69,180 BBD
Inventory Analyst Purchasing and Inventory 37,620 BBD
Inventory Control Clerk Purchasing and Inventory 19,860 BBD
Inventory Control Manager Purchasing and Inventory 45,620 BBD
Inventory Management Associate Purchasing and Inventory 39,960 BBD
Inventory Specialist Purchasing and Inventory 34,360 BBD
Logistics Engineer Purchasing and Inventory 34,080 BBD
Master Planner Purchasing and Inventory 33,520 BBD
Material Handler Purchasing and Inventory 21,380 BBD
Material Planning Specialist Purchasing and Inventory 30,700 BBD
Merchandise Manager Purchasing and Inventory 42,040 BBD
Procurement Administrator Purchasing and Inventory 45,560 BBD
Procurement Agent Purchasing and Inventory 28,820 BBD
Procurement Analyst Purchasing and Inventory 45,260 BBD
Procurement Assistant Purchasing and Inventory 26,080 BBD
Procurement Associate Purchasing and Inventory 39,160 BBD
Procurement Clerk Purchasing and Inventory 15,700 BBD
Procurement Engineer Purchasing and Inventory 35,560 BBD
Procurement Manager Purchasing and Inventory 72,780 BBD
Procurement Officer Purchasing and Inventory 18,780 BBD
Procurement Process Analyst Purchasing and Inventory 44,800 BBD
Procurement Specialist Purchasing and Inventory 32,900 BBD
Project Buyer Purchasing and Inventory 46,840 BBD
Purchaser Purchasing and Inventory 53,380 BBD
Purchasing Agent Purchasing and Inventory 28,680 BBD
Purchasing Assistant Purchasing and Inventory 18,280 BBD
Purchasing Manager Purchasing and Inventory 69,060 BBD
Purchasing Officer Purchasing and Inventory 32,420 BBD
Purchasing Supervisor Purchasing and Inventory 48,200 BBD
Shipping and Receiving Clerk Purchasing and Inventory 19,220 BBD
Shipping Coordinator Purchasing and Inventory 34,160 BBD
Stock Clerk Purchasing and Inventory 19,220 BBD
Stock Regulator Purchasing and Inventory 21,400 BBD
Storage Manager Purchasing and Inventory 45,580 BBD
Store Keeper Purchasing and Inventory 16,980 BBD
Stores and Logistics Coordinator Purchasing and Inventory 37,740 BBD
Supply Chain Analyst Purchasing and Inventory 49,300 BBD
Supply Chain Coordinator Purchasing and Inventory 37,880 BBD
Supply Chain Development Manager Purchasing and Inventory 66,180 BBD
Supply Chain Director Purchasing and Inventory 78,160 BBD
Supply Chain Manager Purchasing and Inventory 74,380 BBD
Supply Planner Purchasing and Inventory 35,500 BBD
Warehouse Assistant Purchasing and Inventory 12,620 BBD
Warehouse Clerk Purchasing and Inventory 15,580 BBD
Warehouse Executive Purchasing and Inventory 58,280 BBD
Warehouse Lead Purchasing and Inventory 43,360 BBD
Warehouse Manager Purchasing and Inventory 63,040 BBD
Warehouse Supervisor Purchasing and Inventory 45,560 BBD
Wholesale Buyer Purchasing and Inventory 53,840 BBD

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