Average School Bus Driver Salary in Montserrat for 2024

In this article, we will look at the average School Bus Driver 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 School Bus Driver Make in Montserrat?

A School Bus Driver working in Montserrat will typically earn around 12,520 XCD per year, and this can range from the lowest average salary of about 5,040 XCD to the highest average salary of 15,700 XCD.

Average Annual Salary
12,520 XCD
Average Monthly Salary
1,043 XCD

Lowest Annual Salary
5,040 XCD
Lowest Monthly Salary
420 XCD

Highest Annual Salary
15,700 XCD
Highest Monthly Salary
1,308 XCD

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

School Bus Driver 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 School Bus Driver Salaries in Montserrat

So we've looked at the average salaries a School Bus Driver will earn in Montserrat. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a School Bus Driver can earn between 5,040 XCD and 15,700 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 School Bus Driver in Montserrat is 9,960 XCD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 9,960 XCD, and 50% of the population earn more than 9,960 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 School Bus Driver salary in Montserrat, 25% of the population are earning less than 5,960 XCD while 75% of the population earn more than 5,960 XCD.

75% of the population earn less than 13,540 XCD, and 25% of the population earn more than 13,540 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.

School Bus Driver 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 school bus driver 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 School Bus Driver in Montserrat that has less than two years of experience can expect to earn somewhere in the region of 6,200 XCD.
  • 2 - 5 Years Experience. With two to five years of experience the average School Bus Driver salary would increase to 10,320 XCD.
  • 5 - 10 Years Experience. From five to ten years of experience as a School Bus Driver, the average salary would be 12,200 XCD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 13,560 XCD.
  • 15 - 20 Years Experience. A School Bus Driver with 15 to 20 years of experience can earn an average of 17,100 XCD.
  • 20+ Years Experience. For a School Bus Driver with more than 20 years, the expected average salary increases to 15,380 XCD.

Average Salary by Experience Chart

0-2 Years
6,200 XCD
2-5 Years +26%
10,320 XCD
5-10 Years +32%
12,200 XCD
10-15 Years +18%
13,560 XCD
15-20 Years +11%
17,100 XCD
20+ Years +6%
15,380 XCD

School Bus Driver 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 School Bus Driver 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 School Bus Driver in Montserrat with a high school education can earn an average salary of 10,320 XCD.

  • Certificate or Diploma. A School Bus Driver in Montserrat with a certificate or diploma education can earn an average salary of 10,980 XCD.

  • Bachelor's Degree. A School Bus Driver in Montserrat with a bachelor's degree education can earn an average salary of 15,760 XCD.

Average Salary by Education Chart

High School
10,320 XCD
Certificate or Diploma +37%
10,980 XCD
Bachelor's Degree +29%
15,760 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.

School Bus Driver 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 school bus driver will earn an average of 12,180 XCD, while a female school bus driver will earn around 10,220 XCD.

This means that a male school bus driver earns approximately 19% more than a female school bus driver for performing the same job.

Average Salary by Gender Chart in Montserrat

Male
12,180 XCD
Female -19%
10,220 XCD

School Bus Driver 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 School Bus Driver in Montserrat is around 4% every 31 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 = ( 4 ÷ 31 ) × 12  = 2%

What this means is that a School Bus Driver in Montserrat can expect to receive an average pay raise of around 2% 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%

School Bus Driver 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 School Bus Driver is a low bonus based job, with 7% of employees reporting at least one bonus in the last 12 months.

93% 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 1% to 2%.

Received Bonus
7%
No Bonus
93%

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 School Bus Driver

In the table below, we have salary information for jobs that are similar to a School Bus Driver in Montserrat.

Job Title Category Salary
Bus Driver Courier / Delivery / Transport / Drivers 9,740 XCD
Car Driver Courier / Delivery / Transport / Drivers 9,460 XCD
CDL Driver Courier / Delivery / Transport / Drivers 12,620 XCD
CDL Truck Driver Courier / Delivery / Transport / Drivers 9,940 XCD
Chauffeur Courier / Delivery / Transport / Drivers 13,660 XCD
Courier Coordinator Courier / Delivery / Transport / Drivers 15,580 XCD
Courier Sales Manager Courier / Delivery / Transport / Drivers 23,140 XCD
Deck Officer Courier / Delivery / Transport / Drivers 11,300 XCD
Delivery Driver Courier / Delivery / Transport / Drivers 7,080 XCD
Delivery Specialist Courier / Delivery / Transport / Drivers 12,120 XCD
Delivery Supervisor Courier / Delivery / Transport / Drivers 13,560 XCD
Dispatcher Courier / Delivery / Transport / Drivers 10,320 XCD
Driver Courier / Delivery / Transport / Drivers 8,100 XCD
Driving Instructor Courier / Delivery / Transport / Drivers 13,780 XCD
Goods Receiving Expediter Courier / Delivery / Transport / Drivers 9,140 XCD
Limousine Driver Courier / Delivery / Transport / Drivers 13,700 XCD
Parking Inspector Courier / Delivery / Transport / Drivers 9,940 XCD
Shuttle Driver Courier / Delivery / Transport / Drivers 11,300 XCD
Taxi Driver Courier / Delivery / Transport / Drivers 9,460 XCD
Third Officer Courier / Delivery / Transport / Drivers 9,460 XCD
Train Driver Courier / Delivery / Transport / Drivers 12,760 XCD
Tram Driver Courier / Delivery / Transport / Drivers 11,300 XCD
Transport Officer Courier / Delivery / Transport / Drivers 9,140 XCD
Transportation and Shipping Supervisor Courier / Delivery / Transport / Drivers 14,920 XCD
Transportation Manager Courier / Delivery / Transport / Drivers 39,420 XCD
Truck Driver Courier / Delivery / Transport / Drivers 12,020 XCD

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