Average Tire Retreader Salary in Antigua and Barbuda for 2024

In this article, we will look at the average Tire Retreader 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 Tire Retreader Make in Antigua and Barbuda?

A Tire Retreader working in Antigua and Barbuda will typically earn around 17,740 XCD per year, and this can range from the lowest average salary of about 7,240 XCD to the highest average salary of 30,700 XCD.

Average Annual Salary
17,740 XCD
Average Monthly Salary
1,478 XCD

Lowest Annual Salary
7,240 XCD
Lowest Monthly Salary
603 XCD

Highest Annual Salary
30,700 XCD
Highest Monthly Salary
2,558 XCD

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

Tire Retreader 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 Tire Retreader Salaries in Antigua and Barbuda

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

Salary ranges

We already know that a Tire Retreader can earn between 7,240 XCD and 30,700 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 Tire Retreader in Antigua and Barbuda is 21,100 XCD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 21,100 XCD, and 50% of the population earn more than 21,100 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 Tire Retreader salary in Antigua and Barbuda, 25% of the population are earning less than 13,780 XCD while 75% of the population earn more than 13,780 XCD.

75% of the population earn less than 29,040 XCD, and 25% of the population earn more than 29,040 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.

Tire Retreader 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 tire retreader 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 Tire Retreader in Antigua and Barbuda that has less than two years of experience can expect to earn somewhere in the region of 9,140 XCD.
  • 2 - 5 Years Experience. With two to five years of experience the average Tire Retreader salary would increase to 13,900 XCD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Tire Retreader, the average salary would be 18,940 XCD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 22,340 XCD.
  • 15 - 20 Years Experience. A Tire Retreader with 15 to 20 years of experience can earn an average of 24,200 XCD.
  • 20+ Years Experience. For a Tire Retreader with more than 20 years, the expected average salary increases to 28,660 XCD.

Average Salary by Experience Chart

0-2 Years
9,140 XCD
2-5 Years +33%
13,900 XCD
5-10 Years +48%
18,940 XCD
10-15 Years +22%
22,340 XCD
15-20 Years +9%
24,200 XCD
20+ Years +8%
28,660 XCD

Tire Retreader 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 Tire Retreader 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 Tire Retreader in Antigua and Barbuda with a high school education can earn an average salary of 10,080 XCD.

  • Certificate or Diploma. A Tire Retreader in Antigua and Barbuda with a certificate or diploma education can earn an average salary of 16,140 XCD.

  • Bachelor's Degree. A Tire Retreader in Antigua and Barbuda with a bachelor's degree education can earn an average salary of 29,320 XCD.

Average Salary by Education Chart

High School
10,080 XCD
Certificate or Diploma +57%
16,140 XCD
Bachelor's Degree +68%
29,320 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 Antigua and Barbuda is around 22,600 to 67,700 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.

Tire Retreader 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 tire retreader will earn an average of 21,020 XCD, while a female tire retreader will earn around 17,560 XCD.

This means that a male tire retreader earns approximately 20% more than a female tire retreader for performing the same job.

Average Salary by Gender Chart in Antigua and Barbuda

Male
21,020 XCD
Female -20%
17,560 XCD

Tire Retreader 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 Tire Retreader in Antigua and Barbuda is around 5% every 29 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 = ( 5 ÷ 29 ) × 12  = 2%

What this means is that a Tire Retreader in Antigua and Barbuda can expect to receive an average pay raise of around 2% 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.

Banking
9%
Energy
9%
Information Technology
9%
Healthcare
9%
Travel
9%
Construction
9%
Education
9%

Tire Retreader 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 Tire Retreader is a low bonus based job, with 15% of employees reporting at least one bonus in the last 12 months.

85% 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 0% to 4%.

Received Bonus
15%
No Bonus
85%

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

Public Sector
58,720 XCD
Private Sector -20%
48,740 XCD

Salaries for Jobs Similar to a Tire Retreader

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

Job Title Category Salary
After Sales Automotive Manager Automotive 59,940 XCD
Alignment Technician Automotive 16,980 XCD
Auto Damage Adjuster Automotive 23,660 XCD
Auto Detailer Automotive 20,000 XCD
Auto Parts Manager Automotive 73,760 XCD
Automotive Assembler Automotive 19,940 XCD
Automotive Assembly Manager Automotive 61,620 XCD
Automotive Assembly Operator Automotive 23,380 XCD
Automotive Body Repairer Automotive 19,020 XCD
Automotive Branch Manager Automotive 90,980 XCD
Automotive Central Planner Automotive 31,180 XCD
Automotive Electrician Automotive 24,800 XCD
Automotive Engineering Technician Automotive 29,840 XCD
Automotive Estimating Manager Automotive 55,020 XCD
Automotive Estimator Automotive 41,480 XCD
Automotive General Manager Automotive 103,900 XCD
Automotive Inventory Officer Automotive 20,500 XCD
Automotive Manager Automotive 99,220 XCD
Automotive Master Mechanic Automotive 31,660 XCD
Automotive Parts Supplier Automotive 31,340 XCD
Automotive Project Engineer Automotive 38,060 XCD
Automotive Project Manager Automotive 69,240 XCD
Automotive Purchase Manager Automotive 79,000 XCD
Automotive Sales Automotive 41,560 XCD
Automotive Service Technician Automotive 20,940 XCD
Automotive Technician Automotive 19,380 XCD
Automotive Technician Automotive 21,560 XCD
Automotive Test Engineer Automotive 36,160 XCD
Automotive Warranty Administrator Automotive 33,980 XCD
Automotive Warranty Clerk Automotive 22,420 XCD
Car Parts and Accessories Fitter Automotive 18,940 XCD
Car Salesman Automotive 41,560 XCD
Damage Appraiser Automotive 32,620 XCD
Diesel Engine Specialist Automotive 27,480 XCD
Job Card Opener Automotive 18,280 XCD
Lube Technician Automotive 17,560 XCD
Master File Maintenance Automotive 27,620 XCD
Materials Planner Automotive 33,960 XCD
Mechanic Automotive 20,000 XCD
Motor Vehicle Inspector Automotive 31,940 XCD
Motorcycle Mechanic Automotive 21,980 XCD
Service Advisor Automotive 41,660 XCD
Service Manager Automotive 59,660 XCD
Stock Controller Automotive 25,160 XCD
Technical Advisor Automotive 38,780 XCD
Used Car Manager Automotive 56,140 XCD
Vehicle Body Maker Automotive 24,720 XCD
Vehicle Examiner Automotive 25,660 XCD
Vehicle Painter Automotive 16,140 XCD
Vehicle Trimmer Automotive 20,520 XCD
Welder Automotive 19,200 XCD

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