Average Transportation and Shipping Supervisor Salary in Montserrat for 2024
In this article, we will look at the average Transportation and Shipping Supervisor 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 Transportation and Shipping Supervisor Make in Montserrat?
A Transportation and Shipping Supervisor working in Montserrat will typically earn around 14,920 XCD per year, and this can range from the lowest average salary of about 7,040 XCD to the highest average salary of 22,420 XCD.
These are average salaries for a Transportation and Shipping Supervisor in Montserrat and include benefits such as housing and transport. It's also possible for a Transportation and Shipping Supervisor to earn more or less than the average salaries shown above.
Transportation and Shipping Supervisor 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 Transportation and Shipping Supervisor Salaries in Montserrat
So we've looked at the average salaries a Transportation and Shipping Supervisor will earn in Montserrat. The next interesting data point is the distribution of salaries.
Salary ranges
We already know that a Transportation and Shipping Supervisor can earn between 7,040 XCD and 22,420 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 Transportation and Shipping Supervisor in Montserrat is 13,560 XCD. This is the middle value in the distribution of salaries.
What this means is that approximately 50% of the population earn less than 13,560 XCD, and 50% of the population earn more than 13,560 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 Transportation and Shipping Supervisor salary in Montserrat, 25% of the population are earning less than 7,820 XCD while 75% of the population earn more than 7,820 XCD.
75% of the population earn less than 18,780 XCD, and 25% of the population earn more than 18,780 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.
Transportation and Shipping Supervisor 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 transportation and shipping supervisor 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 Transportation and Shipping Supervisor in Montserrat that has less than two years of experience can expect to earn somewhere in the region of 8,780 XCD.
- 2 - 5 Years Experience. With two to five years of experience the average Transportation and Shipping Supervisor salary would increase to 12,300 XCD.
- 5 - 10 Years Experience. From five to ten years of experience as a Transportation and Shipping Supervisor, the average salary would be 17,020 XCD.
- 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 19,640 XCD.
- 15 - 20 Years Experience. A Transportation and Shipping Supervisor with 15 to 20 years of experience can earn an average of 20,500 XCD.
- 20+ Years Experience. For a Transportation and Shipping Supervisor with more than 20 years, the expected average salary increases to 21,560 XCD.
Average Salary by Experience Chart
| 0-2 Years |
8,780 XCD
|
|
| 2-5 Years | +31% |
12,300 XCD
|
| 5-10 Years | +40% |
17,020 XCD
|
| 10-15 Years | +20% |
19,640 XCD
|
| 15-20 Years | +9% |
20,500 XCD
|
| 20+ Years | +8% |
21,560 XCD
|
Transportation and Shipping Supervisor 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 Transportation and Shipping Supervisor 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 Transportation and Shipping Supervisor in Montserrat with a high school education can earn an average salary of 9,460 XCD.
-
Certificate or Diploma. A Transportation and Shipping Supervisor in Montserrat with a certificate or diploma education can earn an average salary of 10,000 XCD.
-
Bachelor's Degree. A Transportation and Shipping Supervisor in Montserrat with a bachelor's degree education can earn an average salary of 16,880 XCD.
-
Master's Degree. A Transportation and Shipping Supervisor in Montserrat with a master's degree education can earn an average salary of 20,940 XCD.
Average Salary by Education Chart
| High School |
9,460 XCD
|
|
| Certificate or Diploma | +15% |
10,000 XCD
|
| Bachelor's Degree | +41% |
16,880 XCD
|
| Master's Degree | +29% |
20,940 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.
Transportation and Shipping Supervisor 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 transportation and shipping supervisor will earn an average of 14,820 XCD, while a female transportation and shipping supervisor will earn around 14,540 XCD.
This means that a male transportation and shipping supervisor earns approximately 2% more than a female transportation and shipping supervisor for performing the same job.
Average Salary by Gender Chart in Montserrat
| Male |
14,820 XCD
|
|
| Female | -2% |
14,540 XCD
|
Transportation and Shipping Supervisor 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 Transportation and Shipping Supervisor 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 Transportation and Shipping Supervisor 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%
|
Transportation and Shipping Supervisor 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 Transportation and Shipping Supervisor is a low bonus based job, with 35% of employees reporting at least one bonus in the last 12 months.
65% 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 6%.
| Received Bonus |
35%
|
|
| No Bonus |
65%
|
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 Transportation and Shipping Supervisor
In the table below, we have salary information for jobs that are similar to a Transportation and Shipping Supervisor in Montserrat.
Link To or Reference This Page
We spend a lot of time collecting, cleaning, merging, and formatting the data that is shown on the site to be as useful to you as possible.
If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference World Salaries as the source. We appreciate your support!
-
<a href="https://worldsalaries.com/average-transportation-and-shipping-supervisor-salary-in-montserrat/">Average Transportation and Shipping Supervisor Salary in Montserrat for 2024</a>
-
"Average Transportation and Shipping Supervisor Salary in Montserrat for 2024". World Salaries. Accessed on April 19, 2024. https://worldsalaries.com/average-transportation-and-shipping-supervisor-salary-in-montserrat/.
-
"Average Transportation and Shipping Supervisor Salary in Montserrat for 2024". World Salaries, https://worldsalaries.com/average-transportation-and-shipping-supervisor-salary-in-montserrat/. Accessed 19 April, 2024
-
Average Transportation and Shipping Supervisor Salary in Montserrat for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-transportation-and-shipping-supervisor-salary-in-montserrat/.