Average Sponsorship Coordinator Salary in Barbados for 2024

In this article, we will look at the average Sponsorship Coordinator 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 Sponsorship Coordinator Make in Barbados?

A Sponsorship Coordinator working in Barbados will typically earn around 19,480 BBD per year, and this can range from the lowest average salary of about 9,740 BBD to the highest average salary of 28,680 BBD.

Average Annual Salary
19,480 BBD
Average Monthly Salary
1,623 BBD

Lowest Annual Salary
9,740 BBD
Lowest Monthly Salary
811 BBD

Highest Annual Salary
28,680 BBD
Highest Monthly Salary
2,390 BBD

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

Sponsorship Coordinator 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 Sponsorship Coordinator Salaries in Barbados

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

Salary ranges

We already know that a Sponsorship Coordinator can earn between 9,740 BBD and 28,680 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 Sponsorship Coordinator in Barbados is 16,980 BBD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 16,980 BBD, and 50% of the population earn more than 16,980 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 Sponsorship Coordinator salary in Barbados, 25% of the population are earning less than 13,780 BBD while 75% of the population earn more than 13,780 BBD.

75% of the population earn less than 21,300 BBD, and 25% of the population earn more than 21,300 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.

Sponsorship Coordinator 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 sponsorship coordinator 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 Sponsorship Coordinator in Barbados that has less than two years of experience can expect to earn somewhere in the region of 12,200 BBD.
  • 2 - 5 Years Experience. With two to five years of experience the average Sponsorship Coordinator salary would increase to 14,660 BBD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Sponsorship Coordinator, the average salary would be 21,380 BBD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 23,260 BBD.
  • 15 - 20 Years Experience. A Sponsorship Coordinator with 15 to 20 years of experience can earn an average of 25,660 BBD.
  • 20+ Years Experience. For a Sponsorship Coordinator with more than 20 years, the expected average salary increases to 28,720 BBD.

Average Salary by Experience Chart

0-2 Years
12,200 BBD
2-5 Years +23%
14,660 BBD
5-10 Years +42%
21,380 BBD
10-15 Years +17%
23,260 BBD
15-20 Years +10%
25,660 BBD
20+ Years +6%
28,720 BBD

Sponsorship Coordinator 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 Sponsorship Coordinator 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 Sponsorship Coordinator in Barbados with a high school education can earn an average salary of 14,660 BBD.

  • Certificate or Diploma. A Sponsorship Coordinator in Barbados with a certificate or diploma education can earn an average salary of 21,020 BBD.

  • Bachelor's Degree. A Sponsorship Coordinator in Barbados with a bachelor's degree education can earn an average salary of 27,560 BBD.

Average Salary by Education Chart

High School
14,660 BBD
Certificate or Diploma +40%
21,020 BBD
Bachelor's Degree +42%
27,560 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.

Sponsorship Coordinator 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 sponsorship coordinator will earn an average of 21,020 BBD, while a female sponsorship coordinator will earn around 16,980 BBD.

This means that a male sponsorship coordinator earns approximately 24% more than a female sponsorship coordinator for performing the same job.

Average Salary by Gender Chart in Barbados

Male
21,020 BBD
Female -24%
16,980 BBD

Sponsorship Coordinator 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 Sponsorship Coordinator in Barbados is around 5% every 30 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 = ( 5 ÷ 30 ) × 12  = 2%

What this means is that a Sponsorship Coordinator 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%

Sponsorship Coordinator 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 Sponsorship Coordinator is a low bonus based job, with 8% of employees reporting at least one bonus in the last 12 months.

92% 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 3%.

Received Bonus
8%
No Bonus
92%

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 Sponsorship Coordinator

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

Job Title Category Salary
Activity Aide Fundraising and Non Profit 13,100 BBD
Activity Coordinator Fundraising and Non Profit 13,540 BBD
Activity Leader Fundraising and Non Profit 23,360 BBD
Adoption Specialist Fundraising and Non Profit 45,200 BBD
Assistant Programme Officer Fundraising and Non Profit 24,720 BBD
Campaign Manager Fundraising and Non Profit 45,600 BBD
Charities Administrator Fundraising and Non Profit 31,660 BBD
Charities Fundraiser Fundraising and Non Profit 32,960 BBD
Civil Servant Fundraising and Non Profit 12,000 BBD
Civil Service Administrator Fundraising and Non Profit 20,520 BBD
Community Health Worker Fundraising and Non Profit 10,980 BBD
Community Relations Representative Fundraising and Non Profit 21,020 BBD
Community Service Manager Fundraising and Non Profit 47,180 BBD
Community Volunteer Fundraising and Non Profit 13,900 BBD
Community Worker Fundraising and Non Profit 10,980 BBD
Custodial Worker Fundraising and Non Profit 14,660 BBD
Education Planning Specialist Fundraising and Non Profit 42,960 BBD
Foundation Assistant Fundraising and Non Profit 19,360 BBD
Foundation Director Fundraising and Non Profit 58,720 BBD
Foundation Program Coordinator Fundraising and Non Profit 37,200 BBD
Fundraiser Fundraising and Non Profit 30,700 BBD
Fundraising Coordinator Fundraising and Non Profit 21,100 BBD
Fundraising Director Fundraising and Non Profit 60,880 BBD
Fundraising Manager Fundraising and Non Profit 52,300 BBD
Grant Writer Fundraising and Non Profit 16,980 BBD
Healthcare Social Worker Fundraising and Non Profit 11,880 BBD
Homeless Shelter Worker Fundraising and Non Profit 13,780 BBD
Major Gift Officer Fundraising and Non Profit 13,960 BBD
Orphan Program Coordinator Fundraising and Non Profit 19,060 BBD
Rehab Aide Fundraising and Non Profit 13,100 BBD
Rehabilitation Aide Fundraising and Non Profit 17,260 BBD
Social Worker Fundraising and Non Profit 12,620 BBD
Volunteer Coordinator Fundraising and Non Profit 18,780 BBD

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