Average Statistician Salary in Grenada for 2024

In this article, we will look at the average Statistician salary for 2024 in Grenada 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 Statistician Make in Grenada?

A Statistician working in Grenada will typically earn around 105,080 XCD per year, and this can range from the lowest average salary of about 54,180 XCD to the highest average salary of 159,100 XCD.

Average Annual Salary
105,080 XCD
Average Monthly Salary
8,756 XCD

Lowest Annual Salary
54,180 XCD
Lowest Monthly Salary
4,515 XCD

Highest Annual Salary
159,100 XCD
Highest Monthly Salary
13,258 XCD

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

Statistician 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 Statistician Salaries in Grenada

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

Salary ranges

We already know that a Statistician can earn between 54,180 XCD and 159,100 XCD on average in Grenada. 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 Statistician in Grenada is 97,900 XCD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 97,900 XCD, and 50% of the population earn more than 97,900 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 Statistician salary in Grenada, 25% of the population are earning less than 67,320 XCD while 75% of the population earn more than 67,320 XCD.

75% of the population earn less than 125,100 XCD, and 25% of the population earn more than 125,100 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.

Statistician Salary by Experience Level in Grenada

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 statistician 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 Statistician in Grenada that has less than two years of experience can expect to earn somewhere in the region of 60,920 XCD.
  • 2 - 5 Years Experience. With two to five years of experience the average Statistician salary would increase to 80,500 XCD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Statistician, the average salary would be 106,600 XCD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 128,500 XCD.
  • 15 - 20 Years Experience. A Statistician with 15 to 20 years of experience can earn an average of 142,300 XCD.
  • 20+ Years Experience. For a Statistician with more than 20 years, the expected average salary increases to 150,000 XCD.

Average Salary by Experience Chart

0-2 Years
60,920 XCD
2-5 Years +34%
80,500 XCD
5-10 Years +30%
106,600 XCD
10-15 Years +21%
128,500 XCD
15-20 Years +9%
142,300 XCD
20+ Years +5%
150,000 XCD

Statistician Salary by Education Level in Grenada

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 Statistician in Grenada based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. A Statistician in Grenada with a bachelor's degree education can earn an average salary of 78,480 XCD.

  • Master's Degree. A Statistician in Grenada with a master's degree education can earn an average salary of 98,820 XCD.

  • PhD. A Statistician in Grenada with a phd education can earn an average salary of 157,600 XCD.

Average Salary by Education Chart

Bachelor's Degree
78,480 XCD
Master's Degree +24%
98,820 XCD
PhD +60%
157,600 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 Grenada is around 31,300 to 94,000 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.

Statistician 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 Grenada, a male statistician will earn an average of 111,900 XCD, while a female statistician will earn around 97,460 XCD.

This means that a male statistician earns approximately 15% more than a female statistician for performing the same job.

Average Salary by Gender Chart in Grenada

Male
111,900 XCD
Female -15%
97,460 XCD

Statistician Average Pay Raise in Grenada

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 Statistician in Grenada is around 9% every 28 months.

The national average pay raise across all professions and industries in Grenada 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 = ( 9 ÷ 28 ) × 12  = 4%

What this means is that a Statistician in Grenada can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Grenada for 2024

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

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

Banking
5%
Energy
1%
Information Technology
6%
Healthcare
2%
Travel
7%
Construction
3%
Education
8%

Statistician Bonus and Incentive Rates in Grenada

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 Statistician is a low bonus based job, with 36% of employees reporting at least one bonus in the last 12 months.

64% 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 5%.

Received Bonus
36%
No Bonus
64%

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 Grenada earn approximately 11% more than private sector employees in the same role.

Public Sector
78,500 XCD
Private Sector -11%
70,840 XCD

Salaries for Jobs Similar to a Statistician

In the table below, we have salary information for jobs that are similar to a Statistician in Grenada.

Job Title Category Salary
3D Lab Technologist Science and Technical Services 65,920 XCD
Algorithm Developer Science and Technical Services 88,620 XCD
Analytical Chemist Science and Technical Services 129,000 XCD
Anthropologist Science and Technical Services 101,900 XCD
Archeologist Science and Technical Services 91,960 XCD
Assistant Breeder Science and Technical Services 48,160 XCD
Astronomer Science and Technical Services 154,700 XCD
Atmospheric and Space Scientist Science and Technical Services 137,400 XCD
Behavior Analyst Science and Technical Services 86,640 XCD
Behavior Intervention Specialist Science and Technical Services 96,720 XCD
Behavior Specialist Science and Technical Services 87,880 XCD
Biochemist Science and Technical Services 148,300 XCD
Biofuels Processing Technician Science and Technical Services 57,820 XCD
Biofuels Production Manager Science and Technical Services 103,440 XCD
Biologist Science and Technical Services 148,300 XCD
Biomedical Laboratory Officer Science and Technical Services 60,400 XCD
Biomedical Scientist Science and Technical Services 158,700 XCD
Biophysicist Science and Technical Services 148,300 XCD
Chemical Engineer Science and Technical Services 75,280 XCD
Chemical Technologist Science and Technical Services 66,100 XCD
Chemist Science and Technical Services 136,200 XCD
Chief Technologist Science and Technical Services 129,000 XCD
Climate Change Analyst Science and Technical Services 95,620 XCD
Clinical Laboratory Scientist Science and Technical Services 157,600 XCD
Computer Scientist Science and Technical Services 112,460 XCD
Conservation Scientist Science and Technical Services 120,880 XCD
Data Science Specialist Science and Technical Services 93,780 XCD
Data Scientist Science and Technical Services 118,380 XCD
DNA Analyst Science and Technical Services 158,700 XCD
Ecologist Science and Technical Services 110,380 XCD
Economic Development Specialist Science and Technical Services 111,900 XCD
Flavourist Science and Technical Services 48,640 XCD
Food Scientist Science and Technical Services 97,460 XCD
Forensic Scientist Science and Technical Services 119,700 XCD
Formulation Technologist Science and Technical Services 54,500 XCD
Fraud Investigator Science and Technical Services 69,400 XCD
Genomics Scientist Science and Technical Services 150,000 XCD
Geographer Science and Technical Services 83,020 XCD
Geographic Information Systems Technician Science and Technical Services 52,540 XCD
Geological Data Technician Science and Technical Services 49,300 XCD
Geological Technician Science and Technical Services 60,160 XCD
Geologist Science and Technical Services 128,900 XCD
Geomatics Scientist Science and Technical Services 127,700 XCD
Geophysical Data Technician Science and Technical Services 49,560 XCD
Geospatial Information Scientist and Technologist Science and Technical Services 114,380 XCD
Global Technical Lead Science and Technical Services 161,600 XCD
Hydrologist Science and Technical Services 98,820 XCD
Industrial Ecologist Science and Technical Services 102,020 XCD
Intelligence Analyst Science and Technical Services 87,020 XCD
Knowledge Management Specialist Science and Technical Services 72,120 XCD
Lab Analyst Science and Technical Services 64,040 XCD
Lab Manager Science and Technical Services 99,220 XCD
Lab Technician Science and Technical Services 41,820 XCD
Laboratory Manager Science and Technical Services 101,860 XCD
Laboratory Researcher Science and Technical Services 73,260 XCD
Laboratory Technician Science and Technical Services 42,960 XCD
Life Sciences Analyst Science and Technical Services 101,020 XCD
Life Scientist Science and Technical Services 120,040 XCD
Marine Architect Science and Technical Services 97,640 XCD
Marine Biologist Science and Technical Services 112,620 XCD
Marine Superintendent Science and Technical Services 64,180 XCD
Materials Analyst Science and Technical Services 62,860 XCD
Materials Scientist Science and Technical Services 112,660 XCD
Mathematician Science and Technical Services 118,260 XCD
Medical Scientist Science and Technical Services 152,300 XCD
Metallurgist Science and Technical Services 105,080 XCD
Meteorologist Science and Technical Services 113,220 XCD
Microbiologist Science and Technical Services 163,800 XCD
Natural Language Processing Researcher Science and Technical Services 96,500 XCD
Natural Resource Specialist Science and Technical Services 87,520 XCD
Natural Resources Analyst Science and Technical Services 92,880 XCD
Natural Sciences Manager Science and Technical Services 138,800 XCD
Nuclear Engineer Science and Technical Services 163,800 XCD
Physical Scientist Science and Technical Services 117,860 XCD
Physicist Science and Technical Services 150,000 XCD
Political Scientist Science and Technical Services 119,900 XCD
Polygraph Examiner Science and Technical Services 43,480 XCD
Polysomnographic Technologist Science and Technical Services 72,180 XCD
Product Development Scientist Science and Technical Services 127,700 XCD
Quantitative Research Analyst Science and Technical Services 106,600 XCD
Quantitative Researcher Science and Technical Services 104,060 XCD
Radiation Protection Specialist Science and Technical Services 82,520 XCD
Refrigeration Technician Science and Technical Services 37,740 XCD
Research Scientist Science and Technical Services 107,880 XCD
Risk Safety Engineer Science and Technical Services 69,540 XCD
Scientific Photographer Science and Technical Services 68,360 XCD
Scientific Programmer Science and Technical Services 94,400 XCD
Scientist Science and Technical Services 103,260 XCD
Service Engineer Science and Technical Services 71,700 XCD
Service Technician Science and Technical Services 45,580 XCD
Social Science Research Assistant Science and Technical Services 63,400 XCD
Social Scientist Science and Technical Services 117,520 XCD
Sociologist Science and Technical Services 112,620 XCD
Soil Scientist Science and Technical Services 92,720 XCD
Statistical Analyst Science and Technical Services 66,820 XCD
Statistical Assistant Science and Technical Services 46,980 XCD
Survey Analyst Science and Technical Services 64,040 XCD
Survey Researcher Science and Technical Services 57,360 XCD
Surveying and Mapping Technician Science and Technical Services 43,260 XCD
Team Leader Science and Technical Services 99,080 XCD
Technical Manager Science and Technical Services 107,580 XCD
Technical Officer Science and Technical Services 45,560 XCD
Technical Service Director Science and Technical Services 142,300 XCD
Technical Services Regulatory Affairs Specialist Science and Technical Services 70,940 XCD
Technical Services Research and Development Manager Science and Technical Services 159,400 XCD
Technical Services Research Associate Science and Technical Services 72,700 XCD
Technical Services Research Coordinator Science and Technical Services 80,840 XCD
Technician Science and Technical Services 46,280 XCD
Water Ecologist Science and Technical Services 129,000 XCD
Wildlife Biologist Science and Technical Services 109,720 XCD

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