Average Visual Merchandising Projects Manager Salary in Cuba for 2024

In this article, we will look at the average Visual Merchandising Projects Manager salary for 2024 in Cuba 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 Cuban convertible peso. To keep things simple, we are using the CUC currency code instead of the currency symbol $.

How Much Does a Visual Merchandising Projects Manager Make in Cuba?

A Visual Merchandising Projects Manager working in Cuba will typically earn around 351,900 CUC per year, and this can range from the lowest average salary of about 164,200 CUC to the highest average salary of 555,800 CUC.

Average Annual Salary
351,900 CUC
Average Monthly Salary
29,325 CUC

Lowest Annual Salary
164,200 CUC
Lowest Monthly Salary
13,683 CUC

Highest Annual Salary
555,800 CUC
Highest Monthly Salary
46,316 CUC

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

Visual Merchandising Projects Manager 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 Visual Merchandising Projects Manager Salaries in Cuba

So we've looked at the average salaries a Visual Merchandising Projects Manager will earn in Cuba. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Visual Merchandising Projects Manager can earn between 164,200 CUC and 555,800 CUC on average in Cuba. 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 Visual Merchandising Projects Manager in Cuba is 372,600 CUC. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 372,600 CUC, and 50% of the population earn more than 372,600 CUC.

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 Visual Merchandising Projects Manager salary in Cuba, 25% of the population are earning less than 240,500 CUC while 75% of the population earn more than 240,500 CUC.

75% of the population earn less than 492,400 CUC, and 25% of the population earn more than 492,400 CUC.

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.

Visual Merchandising Projects Manager Salary by Experience Level in Cuba

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 visual merchandising projects manager 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 Visual Merchandising Projects Manager in Cuba that has less than two years of experience can expect to earn somewhere in the region of 192,000 CUC.
  • 2 - 5 Years Experience. With two to five years of experience the average Visual Merchandising Projects Manager salary would increase to 263,100 CUC.
  • 5 - 10 Years Experience. From five to ten years of experience as a Visual Merchandising Projects Manager, the average salary would be 375,200 CUC.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 454,900 CUC.
  • 15 - 20 Years Experience. A Visual Merchandising Projects Manager with 15 to 20 years of experience can earn an average of 480,300 CUC.
  • 20+ Years Experience. For a Visual Merchandising Projects Manager with more than 20 years, the expected average salary increases to 524,700 CUC.

Average Salary by Experience Chart

0-2 Years
192,000 CUC
2-5 Years +38%
263,100 CUC
5-10 Years +42%
375,200 CUC
10-15 Years +22%
454,900 CUC
15-20 Years +6%
480,300 CUC
20+ Years +9%
524,700 CUC

Visual Merchandising Projects Manager Salary by Education Level in Cuba

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 Visual Merchandising Projects Manager in Cuba 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 Visual Merchandising Projects Manager in Cuba with a high school education can earn an average salary of 233,900 CUC.

  • Certificate or Diploma. A Visual Merchandising Projects Manager in Cuba with a certificate or diploma education can earn an average salary of 273,000 CUC.

  • Bachelor's Degree. A Visual Merchandising Projects Manager in Cuba with a bachelor's degree education can earn an average salary of 397,900 CUC.

  • Master's Degree. A Visual Merchandising Projects Manager in Cuba with a master's degree education can earn an average salary of 524,700 CUC.

Average Salary by Education Chart

High School
233,900 CUC
Certificate or Diploma +17%
273,000 CUC
Bachelor's Degree +45%
397,900 CUC
Master's Degree +31%
524,700 CUC

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 Cuba is around 110,000 to 329,000 CUC 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.

Visual Merchandising Projects Manager 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 Cuba, a male visual merchandising projects manager will earn an average of 330,900 CUC, while a female visual merchandising projects manager will earn around 377,200 CUC.

This means that a male visual merchandising projects manager earns approximately 12% less than a female visual merchandising projects manager for performing the same job.

Average Salary by Gender Chart in Cuba

Male
330,900 CUC
Female +12%
377,200 CUC

Visual Merchandising Projects Manager Average Pay Raise in Cuba

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 Visual Merchandising Projects Manager in Cuba is around 7% every 31 months.

The national average pay raise across all professions and industries in Cuba 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 = ( 7 ÷ 31 ) × 12  = 3%

What this means is that a Visual Merchandising Projects Manager in Cuba can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Cuba for 2024

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

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%

Visual Merchandising Projects Manager Bonus and Incentive Rates in Cuba

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 Visual Merchandising Projects Manager is a moderate bonus based job, with 66% of employees reporting at least one bonus in the last 12 months.

34% 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 5% to 9%.

Received Bonus
66%
No Bonus
34%

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 Cuba earn approximately 12% more than private sector employees in the same role.

Public Sector
275,200 CUC
Private Sector -12%
246,500 CUC

Salaries for Jobs Similar to a Visual Merchandising Projects Manager

In the table below, we have salary information for jobs that are similar to a Visual Merchandising Projects Manager in Cuba.

Job Title Category Salary
Alterations Specialist Fashion and Apparel 102,020 CUC
Barber Fashion and Apparel 102,720 CUC
Bench Jeweler Fashion and Apparel 95,620 CUC
Clothing and Textile Technologist Fashion and Apparel 225,700 CUC
Cosmetology Educator Fashion and Apparel 257,700 CUC
Diamond Setter Fashion and Apparel 119,080 CUC
Diamond Worker Fashion and Apparel 128,900 CUC
Fabric Manager Fashion and Apparel 275,800 CUC
Fashion Design Manager Fashion and Apparel 428,400 CUC
Fashion Designer Fashion and Apparel 345,100 CUC
Fashion Merchandiser Fashion and Apparel 172,200 CUC
Fashion Model Fashion and Apparel 227,600 CUC
Freelance Fashion Stylist Fashion and Apparel 401,300 CUC
Garment Technologist Fashion and Apparel 218,900 CUC
Hairstylist Fashion and Apparel 113,700 CUC
Jeweler Fashion and Apparel 192,600 CUC
Jewelry Mold Maker Fashion and Apparel 138,200 CUC
Jewelry Polisher Fashion and Apparel 87,760 CUC
Jewelry Sales Fashion and Apparel 168,100 CUC
Plating Manager Fashion and Apparel 259,100 CUC
Product Development Manager Fashion and Apparel 454,300 CUC
Sewing Machine Operator Fashion and Apparel 78,160 CUC
Shoe Sales Fashion and Apparel 117,860 CUC
Supply Chain Manager Fashion and Apparel 421,400 CUC
Tailor / Fitter Fashion and Apparel 100,140 CUC
Trend Forecaster Fashion and Apparel 258,400 CUC
Visual Merchandising Coordinator Fashion and Apparel 172,200 CUC

Salary Comparison by City

If you want to compare salaries with different cities in Cuba, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Camaguey 348,300 CUC
Havana 384,500 CUC
Holguin 340,000 CUC
Santiago de Cuba 377,200 CUC

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