Average Property and Claims Specialist Salary in Antigua and Barbuda for 2024

In this article, we will look at the average Property and Claims Specialist salary for 2024 in Antigua and Barbuda 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 Property and Claims Specialist Make in Antigua and Barbuda?

A Property and Claims Specialist working in Antigua and Barbuda will typically earn around 57,800 XCD per year, and this can range from the lowest average salary of about 25,720 XCD to the highest average salary of 89,960 XCD.

These are average salaries for a Property and Claims Specialist in Antigua and Barbuda and include benefits such as housing and transport. It's also possible for a Property and Claims Specialist to earn more or less than the average salaries shown above.

Property and Claims Specialist 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 Property and Claims Specialist Salaries in Antigua and Barbuda

So we've looked at the average salaries a Property and Claims Specialist will earn in Antigua and Barbuda. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Property and Claims Specialist can earn between 25,720 XCD and 89,960 XCD on average in Antigua and Barbuda. 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 Property and Claims Specialist in Antigua and Barbuda is 60,460 XCD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 60,460 XCD, and 50% of the population earn more than 60,460 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 Property and Claims Specialist salary in Antigua and Barbuda, 25% of the population are earning less than 39,560 XCD while 75% of the population earn more than 39,560 XCD.

75% of the population earn less than 83,140 XCD, and 25% of the population earn more than 83,140 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.

Property and Claims Specialist Salary by Experience Level in Antigua and Barbuda

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 property and claims specialist 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 Property and Claims Specialist in Antigua and Barbuda that has less than two years of experience can expect to earn somewhere in the region of 32,020 XCD.
• 2 - 5 Years Experience. With two to five years of experience the average Property and Claims Specialist salary would increase to 41,700 XCD.
• 5 - 10 Years Experience. From five to ten years of experience as a Property and Claims Specialist, the average salary would be 58,000 XCD.
• 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 73,260 XCD.
• 15 - 20 Years Experience. A Property and Claims Specialist with 15 to 20 years of experience can earn an average of 78,940 XCD.
• 20+ Years Experience. For a Property and Claims Specialist with more than 20 years, the expected average salary increases to 87,020 XCD.

Average Salary by Experience Chart

Property and Claims Specialist Salary by Education Level in Antigua and Barbuda

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 Property and Claims Specialist in Antigua and Barbuda 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 Property and Claims Specialist in Antigua and Barbuda with a high school education can earn an average salary of 33,520 XCD.

• Certificate or Diploma. A Property and Claims Specialist in Antigua and Barbuda with a certificate or diploma education can earn an average salary of 54,460 XCD.

• Bachelor's Degree. A Property and Claims Specialist in Antigua and Barbuda with a bachelor's degree education can earn an average salary of 90,540 XCD.

Average Salary by Education Chart

Property and Claims Specialist 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 Antigua and Barbuda, a male property and claims specialist will earn an average of 64,040 XCD, while a female property and claims specialist will earn around 53,860 XCD.

This means that a male property and claims specialist earns approximately 19% more than a female property and claims specialist for performing the same job.

Average Salary by Gender Chart in Antigua and Barbuda

Property and Claims Specialist Average Pay Raise in Antigua and Barbuda

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 Property and Claims Specialist in Antigua and Barbuda is around 7% every 30 months.

The national average pay raise across all professions and industries in Antigua and Barbuda 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 = ( 7 ÷ 30 ) × 12  = 3%

What this means is that a Property and Claims Specialist in Antigua and Barbuda can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Antigua and Barbuda for 2024

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

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

Property and Claims Specialist Bonus and Incentive Rates in Antigua and Barbuda

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 Property and Claims Specialist is a low bonus based job, with 41% of employees reporting at least one bonus in the last 12 months.

59% 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%.

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 Antigua and Barbuda earn approximately 20% more than private sector employees in the same role.

Salaries for Jobs Similar to a Property and Claims Specialist

In the table below, we have salary information for jobs that are similar to a Property and Claims Specialist in Antigua and Barbuda.

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