Average Program Researcher Salary in Bermuda for 2024

In this article, we will look at the average Program Researcher 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 a Program Researcher Make in Bermuda?

A Program Researcher working in Bermuda will typically earn around 19,860 BMD per year, and this can range from the lowest average salary of about 8,100 BMD to the highest average salary of 31,400 BMD.

Average Annual Salary
19,860 BMD
Average Monthly Salary
1,655 BMD

Lowest Annual Salary
8,100 BMD
Lowest Monthly Salary
675 BMD

Highest Annual Salary
31,400 BMD
Highest Monthly Salary
2,616 BMD

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

Program 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 Program Researcher Salaries in Bermuda

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

Salary ranges

We already know that a Program Researcher can earn between 8,100 BMD and 31,400 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 a Program Researcher in Bermuda is 21,540 BMD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 21,540 BMD, and 50% of the population earn more than 21,540 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 Program Researcher salary in Bermuda, 25% of the population are earning less than 14,620 BMD while 75% of the population earn more than 14,620 BMD.

75% of the population earn less than 24,200 BMD, and 25% of the population earn more than 24,200 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.

Program Researcher 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 program 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 Program Researcher in Bermuda that has less than two years of experience can expect to earn somewhere in the region of 10,000 BMD.
  • 2 - 5 Years Experience. With two to five years of experience the average Program Researcher salary would increase to 14,840 BMD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Program Researcher, the average salary would be 19,160 BMD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 25,680 BMD.
  • 15 - 20 Years Experience. A Program Researcher with 15 to 20 years of experience can earn an average of 25,660 BMD.
  • 20+ Years Experience. For a Program Researcher with more than 20 years, the expected average salary increases to 26,860 BMD.

Average Salary by Experience Chart

0-2 Years
10,000 BMD
2-5 Years +29%
14,840 BMD
5-10 Years +38%
19,160 BMD
10-15 Years +24%
25,680 BMD
15-20 Years +7%
25,660 BMD
20+ Years +7%
26,860 BMD

Program Researcher 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 a Program Researcher in Bermuda 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 Program Researcher in Bermuda with a high school education can earn an average salary of 12,580 BMD.

  • Certificate or Diploma. A Program Researcher in Bermuda with a certificate or diploma education can earn an average salary of 17,620 BMD.

  • Bachelor's Degree. A Program Researcher in Bermuda with a bachelor's degree education can earn an average salary of 20,460 BMD.

  • Master's Degree. A Program Researcher in Bermuda with a master's degree education can earn an average salary of 26,100 BMD.

Average Salary by Education Chart

High School
12,580 BMD
Certificate or Diploma +15%
17,620 BMD
Bachelor's Degree +35%
20,460 BMD
Master's Degree +26%
26,100 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.

Program 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 Bermuda, a male program researcher will earn an average of 21,100 BMD, while a female program researcher will earn around 17,760 BMD.

This means that a male program researcher earns approximately 19% more than a female program researcher for performing the same job.

Average Salary by Gender Chart in Bermuda

Male
21,100 BMD
Female -19%
17,760 BMD

Program Researcher 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 a Program Researcher in Bermuda is around 8% every 28 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 = ( 8 ÷ 28 ) × 12  = 3%

What this means is that a Program Researcher in Bermuda can expect to receive an average pay raise of around 3% 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%

Program Researcher 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.

A Program Researcher is a low bonus based job, with 38% of employees reporting at least one bonus in the last 12 months.

62% 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 6%.

Received Bonus
38%
No Bonus
62%

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 a Program Researcher

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

Job Title Category Salary
3D Artist Media / Broadcasting / Arts / Entertainment 15,920 BMD
3D Designer Media / Broadcasting / Arts / Entertainment 16,400 BMD
3D Generalist Media / Broadcasting / Arts / Entertainment 14,200 BMD
3D Visualization Specialist Media / Broadcasting / Arts / Entertainment 19,220 BMD
Acrobatic Rigger Media / Broadcasting / Arts / Entertainment 12,520 BMD
Actor Media / Broadcasting / Arts / Entertainment 22,420 BMD
Art Administrator Media / Broadcasting / Arts / Entertainment 18,900 BMD
Art Director Media / Broadcasting / Arts / Entertainment 24,280 BMD
Art Lead Media / Broadcasting / Arts / Entertainment 21,560 BMD
Associate Media Director Media / Broadcasting / Arts / Entertainment 18,900 BMD
Associate Producer Media / Broadcasting / Arts / Entertainment 25,940 BMD
Broadcast and Sound Engineer Media / Broadcasting / Arts / Entertainment 14,140 BMD
Broadcast Associate Media / Broadcasting / Arts / Entertainment 11,040 BMD
Broadcast News Analyst Media / Broadcasting / Arts / Entertainment 16,140 BMD
Broadcast Technician Media / Broadcasting / Arts / Entertainment 12,760 BMD
Broadcasting Journalist Media / Broadcasting / Arts / Entertainment 23,520 BMD
Broadcasting Presenter Media / Broadcasting / Arts / Entertainment 24,840 BMD
Camera Equipment Repairer Media / Broadcasting / Arts / Entertainment 13,060 BMD
Camera Operator Media / Broadcasting / Arts / Entertainment 10,220 BMD
Cartoonist / Animator Media / Broadcasting / Arts / Entertainment 16,880 BMD
CAS Engineer Media / Broadcasting / Arts / Entertainment 20,520 BMD
Censorship Executive Media / Broadcasting / Arts / Entertainment 21,540 BMD
Choreographer Media / Broadcasting / Arts / Entertainment 15,760 BMD
Colorist Media / Broadcasting / Arts / Entertainment 10,320 BMD
Communications Manager Media / Broadcasting / Arts / Entertainment 24,860 BMD
Correspondent Media / Broadcasting / Arts / Entertainment 21,540 BMD
Dance Director Media / Broadcasting / Arts / Entertainment 16,140 BMD
Dancer Media / Broadcasting / Arts / Entertainment 15,760 BMD
Director of Photography Media / Broadcasting / Arts / Entertainment 17,760 BMD
Disc Jockey Media / Broadcasting / Arts / Entertainment 10,000 BMD
Editorial Assistant Media / Broadcasting / Arts / Entertainment 12,020 BMD
Events Manager Media / Broadcasting / Arts / Entertainment 19,220 BMD
Graphic Designer Media / Broadcasting / Arts / Entertainment 13,540 BMD
Illustrator Media / Broadcasting / Arts / Entertainment 11,360 BMD
Industrial Designer Media / Broadcasting / Arts / Entertainment 9,940 BMD
Instructional Designer Media / Broadcasting / Arts / Entertainment 12,840 BMD
Journalist Media / Broadcasting / Arts / Entertainment 22,540 BMD
Makeup Artist Media / Broadcasting / Arts / Entertainment 11,040 BMD
Media Design Manager Media / Broadcasting / Arts / Entertainment 33,440 BMD
Media Equipment Operator Media / Broadcasting / Arts / Entertainment 7,820 BMD
Media Operations Manager Media / Broadcasting / Arts / Entertainment 23,660 BMD
Media Planner Media / Broadcasting / Arts / Entertainment 15,380 BMD
Media Producer Media / Broadcasting / Arts / Entertainment 22,660 BMD
Media Product Development Manager Media / Broadcasting / Arts / Entertainment 32,960 BMD
Media Production Manager Media / Broadcasting / Arts / Entertainment 30,840 BMD
Media Program Director Media / Broadcasting / Arts / Entertainment 34,160 BMD
Media Relation Executive Media / Broadcasting / Arts / Entertainment 31,520 BMD
Media Relations Manager Media / Broadcasting / Arts / Entertainment 34,080 BMD
Media Sales Manager Media / Broadcasting / Arts / Entertainment 32,900 BMD
Movement and Dance Coordinator Media / Broadcasting / Arts / Entertainment 17,860 BMD
Multimedia Coordinator Media / Broadcasting / Arts / Entertainment 13,540 BMD
Multimedia Designer Media / Broadcasting / Arts / Entertainment 12,180 BMD
Music Consultant Media / Broadcasting / Arts / Entertainment 18,260 BMD
Musician Media / Broadcasting / Arts / Entertainment 12,240 BMD
News Associate Media / Broadcasting / Arts / Entertainment 14,820 BMD
News Reporter Media / Broadcasting / Arts / Entertainment 21,640 BMD
Post Production Assistant Media / Broadcasting / Arts / Entertainment 8,880 BMD
Producer Media / Broadcasting / Arts / Entertainment 32,020 BMD
Product Designer Media / Broadcasting / Arts / Entertainment 13,660 BMD
Product Planner Media / Broadcasting / Arts / Entertainment 14,140 BMD
Production Artist Media / Broadcasting / Arts / Entertainment 16,880 BMD
Production Assistant Media / Broadcasting / Arts / Entertainment 12,840 BMD
Production Director Media / Broadcasting / Arts / Entertainment 24,720 BMD
Production Technician Media / Broadcasting / Arts / Entertainment 10,220 BMD
Promotion Coordinator Media / Broadcasting / Arts / Entertainment 14,200 BMD
Sound Engineer Media / Broadcasting / Arts / Entertainment 17,260 BMD
Sound Engineering Technician Media / Broadcasting / Arts / Entertainment 9,440 BMD
Stage Technician Media / Broadcasting / Arts / Entertainment 7,820 BMD
Sub Editor Media / Broadcasting / Arts / Entertainment 12,520 BMD
Television Executive Producer Media / Broadcasting / Arts / Entertainment 35,500 BMD
Transmission Engineer Media / Broadcasting / Arts / Entertainment 16,400 BMD
Video Editor Media / Broadcasting / Arts / Entertainment 14,540 BMD
Video Producer Media / Broadcasting / Arts / Entertainment 16,720 BMD
Videographer Media / Broadcasting / Arts / Entertainment 14,140 BMD
Visual Designer Media / Broadcasting / Arts / Entertainment 17,620 BMD

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