Average Retail District Manager Salary in Barbados for 2024

In this article, we will look at the average Retail District Manager 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 Retail District Manager Make in Barbados?

A Retail District Manager working in Barbados will typically earn around 45,580 BBD per year, and this can range from the lowest average salary of about 21,100 BBD to the highest average salary of 71,020 BBD.

Average Annual Salary
45,580 BBD
Average Monthly Salary
3,798 BBD

Lowest Annual Salary
21,100 BBD
Lowest Monthly Salary
1,758 BBD

Highest Annual Salary
71,020 BBD
Highest Monthly Salary
5,918 BBD

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

Retail District Manager 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 Retail District Manager Salaries in Barbados

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

Salary ranges

We already know that a Retail District Manager can earn between 21,100 BBD and 71,020 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 Retail District Manager in Barbados is 48,160 BBD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 48,160 BBD, and 50% of the population earn more than 48,160 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 Retail District Manager salary in Barbados, 25% of the population are earning less than 30,220 BBD while 75% of the population earn more than 30,220 BBD.

75% of the population earn less than 64,640 BBD, and 25% of the population earn more than 64,640 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.

Retail District Manager 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 retail district manager 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 Retail District Manager in Barbados that has less than two years of experience can expect to earn somewhere in the region of 22,660 BBD.
  • 2 - 5 Years Experience. With two to five years of experience the average Retail District Manager salary would increase to 31,940 BBD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Retail District Manager, the average salary would be 43,800 BBD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 57,360 BBD.
  • 15 - 20 Years Experience. A Retail District Manager with 15 to 20 years of experience can earn an average of 58,800 BBD.
  • 20+ Years Experience. For a Retail District Manager with more than 20 years, the expected average salary increases to 66,940 BBD.

Average Salary by Experience Chart

0-2 Years
22,660 BBD
2-5 Years +34%
31,940 BBD
5-10 Years +48%
43,800 BBD
10-15 Years +22%
57,360 BBD
15-20 Years +9%
58,800 BBD
20+ Years +8%
66,940 BBD

Retail District Manager 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 Retail District Manager 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 Retail District Manager in Barbados with a high school education can earn an average salary of 28,720 BBD.

  • Certificate or Diploma. A Retail District Manager in Barbados with a certificate or diploma education can earn an average salary of 34,160 BBD.

  • Bachelor's Degree. A Retail District Manager in Barbados with a bachelor's degree education can earn an average salary of 49,360 BBD.

  • Master's Degree. A Retail District Manager in Barbados with a master's degree education can earn an average salary of 61,760 BBD.

Average Salary by Education Chart

High School
28,720 BBD
Certificate or Diploma +18%
34,160 BBD
Bachelor's Degree +45%
49,360 BBD
Master's Degree +31%
61,760 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.

Retail District Manager 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 retail district manager will earn an average of 45,260 BBD, while a female retail district manager will earn around 41,180 BBD.

This means that a male retail district manager earns approximately 10% more than a female retail district manager for performing the same job.

Average Salary by Gender Chart in Barbados

Male
45,260 BBD
Female -10%
41,180 BBD

Retail District Manager 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 Retail District Manager in Barbados is around 8% every 28 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 = ( 8 ÷ 28 ) × 12  = 3%

What this means is that a Retail District Manager in Barbados can expect to receive an average pay raise of around 3% 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%

Retail District Manager 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 Retail District Manager is a moderate bonus based job, with 67% of employees reporting at least one bonus in the last 12 months.

33% 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
67%
No Bonus
33%

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 Retail District Manager

In the table below, we have salary information for jobs that are similar to a Retail District Manager in Barbados.

Job Title Category Salary
Account Coordinator Executive and Management 39,800 BBD
Account Director Executive and Management 48,200 BBD
Account Executive Executive and Management 48,140 BBD
Account Manager Executive and Management 41,820 BBD
Administration Manager Executive and Management 46,980 BBD
Administration Officer Executive and Management 22,420 BBD
Administration Supervisor Executive and Management 36,800 BBD
Administrative Clerk Executive and Management 17,560 BBD
Administrative Officer Executive and Management 18,780 BBD
Area Director Executive and Management 41,480 BBD
Area Manager Executive and Management 44,140 BBD
Asset Protection Associate Executive and Management 45,580 BBD
Assistant Director Executive and Management 47,720 BBD
Assistant General Manager Executive and Management 51,080 BBD
Assistant Manager Executive and Management 47,580 BBD
Assistant Managing Director Executive and Management 52,820 BBD
Assistant Operations Manager Executive and Management 50,340 BBD
Assistant Project Manager Executive and Management 49,300 BBD
Assistant Section Head Executive and Management 37,800 BBD
Assistant to CEO Executive and Management 43,220 BBD
Assistant Vice President Executive and Management 49,700 BBD
Associate Account Director Executive and Management 45,720 BBD
Associate Director Executive and Management 46,040 BBD
Bid Manager Executive and Management 53,660 BBD
Branch Manager Executive and Management 51,400 BBD
Business Development Manager Executive and Management 57,860 BBD
Business Operations Associate Executive and Management 48,200 BBD
Business Operations Lead Executive and Management 49,300 BBD
Campaign Manager Executive and Management 50,660 BBD
Catering Coordinator Executive and Management 30,840 BBD
Catering Manager Executive and Management 45,000 BBD
CEO Executive and Management 91,380 BBD
Chairman of The Board Executive and Management 85,460 BBD
Chairman Office Manager Executive and Management 54,560 BBD
Chief Commercial Officer Executive and Management 66,940 BBD
Chief Corporate Officer Executive and Management 74,560 BBD
Chief Executive Officer Executive and Management 90,620 BBD
Chief Financial Officer Executive and Management 83,300 BBD
Chief Investment Officer Executive and Management 69,240 BBD
Chief of Staff Executive and Management 44,180 BBD
Chief Operating Officer Executive and Management 71,700 BBD
Chief Risk Officer Executive and Management 60,180 BBD
Client Account Manager Executive and Management 54,140 BBD
Client Accounts Officer Executive and Management 47,180 BBD
Client Services Manager Executive and Management 57,360 BBD
Commercial Director Executive and Management 61,580 BBD
Commercial Manager Executive and Management 52,380 BBD
Commercial Project Manager Executive and Management 48,160 BBD
Commodity Broker Executive and Management 39,080 BBD
COO Executive and Management 67,320 BBD
Corporate Affairs Executive Executive and Management 50,540 BBD
Corporate Compliance Director Executive and Management 54,560 BBD
Corporate Director Executive and Management 58,720 BBD
Corporate Officer Executive and Management 40,040 BBD
Corporate Partnerships Officer Executive and Management 45,060 BBD
Country Manager Executive and Management 66,260 BBD
Department Head Executive and Management 50,540 BBD
Department Manager Executive and Management 52,820 BBD
Department Supervisor Executive and Management 45,260 BBD
Deputy Director Executive and Management 61,760 BBD
Deputy Manager Executive and Management 66,940 BBD
Director Executive and Management 68,580 BBD
Director of Accreditation Executive and Management 60,180 BBD
Director of Catering Services Executive and Management 55,020 BBD
Director of Client Services Executive and Management 54,280 BBD
Director of Facilities Management Executive and Management 48,200 BBD
Director of Operations Executive and Management 59,380 BBD
Director of Process Simplification Executive and Management 47,580 BBD
Director of Product Management Executive and Management 59,660 BBD
Director of Project Management Executive and Management 61,760 BBD
Director of Revenue Management Executive and Management 54,140 BBD
Director of Training and Development Executive and Management 57,900 BBD
Distribution Manager Executive and Management 60,460 BBD
Division Manager Executive and Management 52,460 BBD
Duty Manager Executive and Management 53,660 BBD
Engagement Manager Executive and Management 63,400 BBD
Executive Director Executive and Management 92,400 BBD
Executive Manager Executive and Management 71,020 BBD
Franchise Manager Executive and Management 77,380 BBD
General Manager Executive and Management 75,040 BBD
Global Master Data Manager Executive and Management 61,840 BBD
Global Technical Lead Executive and Management 45,060 BBD
Head of Investment Executive and Management 57,360 BBD
Head of Middle Office Executive and Management 55,320 BBD
Head of Projects Executive and Management 60,340 BBD
Head of Strategy Executive and Management 66,020 BBD
Head of Supply Chain Executive and Management 51,900 BBD
Head of Sustainability Executive and Management 50,240 BBD
Housing Manager Executive and Management 48,160 BBD
HSE Manager Executive and Management 52,540 BBD
Key Account Manager Executive and Management 50,980 BBD
Knowledge Manager Executive and Management 56,640 BBD
Location Manager Executive and Management 59,000 BBD
Logistics Executive Executive and Management 45,260 BBD
Logistics Manager Executive and Management 44,540 BBD
Management Consultant Executive and Management 46,160 BBD
Management Executive Executive and Management 67,560 BBD
Manager Executive and Management 57,620 BBD
Managing Director Executive and Management 69,240 BBD
MIS Executive Executive and Management 56,640 BBD
Ocean Services Manager Executive and Management 63,380 BBD
Operational Manager Executive and Management 63,700 BBD
Operations Analyst Executive and Management 52,300 BBD
Operations Assistant Executive and Management 40,600 BBD
Operations Director Executive and Management 66,680 BBD
Operations Executive Executive and Management 63,480 BBD
Operations Manager Executive and Management 68,060 BBD
Operations Supervisor Executive and Management 56,460 BBD
Planning Director Executive and Management 64,640 BBD
PMO Manager Executive and Management 53,320 BBD
Policy Administration Executive Executive and Management 53,120 BBD
Private Sector Executive Executive and Management 50,520 BBD
Product Development Manager Executive and Management 57,860 BBD
Product Executive Executive and Management 50,540 BBD
Production Executive Executive and Management 61,840 BBD
Production Manager Executive and Management 57,820 BBD
Production Supervisor Executive and Management 51,120 BBD
Program Director Executive and Management 61,400 BBD
Program Manager Executive and Management 64,640 BBD
Programme Coordinator Executive and Management 43,480 BBD
Project Control Manager Executive and Management 62,460 BBD
Project Coordinator Executive and Management 34,120 BBD
Project Management Officer Executive and Management 38,780 BBD
Project Manager Executive and Management 48,140 BBD
Project Portfolio Manager Executive and Management 48,820 BBD
Quality Manager Executive and Management 46,980 BBD
R/D Director Executive and Management 56,060 BBD
Regional Director Executive and Management 79,500 BBD
Regional Manager Executive and Management 62,100 BBD
Relationship Manager Executive and Management 57,820 BBD
Revenue Manager Executive and Management 46,840 BBD
Risk and Capital Manager Executive and Management 72,780 BBD
Risk Officer Executive and Management 43,340 BBD
Safety Manager Executive and Management 45,560 BBD
Section Head Executive and Management 46,840 BBD
Service Manager Executive and Management 47,540 BBD
Shift Supervisor Executive and Management 36,800 BBD
Solutions Manager Executive and Management 42,040 BBD
Supervisor Executive and Management 36,700 BBD
Supply Chain Manager Executive and Management 64,300 BBD
Surveyor Executive and Management 43,480 BBD
Technical Director Executive and Management 58,720 BBD
Technical Manager Executive and Management 61,400 BBD
Territory Manager Executive and Management 60,160 BBD
Validation Manager Executive and Management 49,560 BBD
Vice President Executive and Management 77,060 BBD
Zone Manager Executive and Management 61,180 BBD

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