Average Salary in Jamaica 2024

Discover the true essence of salary in Jamaica through this insightful article, shedding light on various aspects such as pay scale, wage gap, yearly increments, and breakdowns based on education level or years of experience. Unravel the intricate details of Jamaica's salary landscape, empowering yourself with knowledge and understanding. Dive into the wealth of information presented in this article and pave the way to a more informed decision-making process in terms of career growth and financial prosperity.
Please be aware that the data we are providing is as accurate as possible at this early stage of the year 2024.

However, as we gather more data for 2024, we make adjustments to ensure the highest level of precision.

What is the average salary in Jamaica in 2024?

What is the average salary in Jamaica in 2024?
670USD
(USD 8,100 yearly)
Low 310 USD
Average 670 USD
High 3,000 USD
The average salary in Jamaica is typically USD 670 per month. However, salaries can range from USD 310 (lowest average) to USD 3,000 (highest average, actual maximum salary is higher). This is the average salary including housing, transport, and other benefits. Salaries vary drastically between different careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
In comparison with average salary in Jamaica in 2023, salaries changed by +0.7% so far. Looking ahead, economists project a gradual recovery in the job market. At the end of the year, we will be able to fully compare 2023 and 2024.

Pay Scale and Salaries in Jamaica

Pay Scale Comparison and Salary Structure

Nearly everyone earns less than USD 3,000, 75% of the people earn USD 930 or less. 50% employees earn less USD 650 or less, 25% of the employees earn less than USD 490.Download chartGet chart linkShare on FacebookShare on Twitter

Salary Structure

Nearly everyone earns less than USD 3,000, 75% of the people earn USD 930 or less. 50% employees earn less USD 650 or less, 25% of the employees earn less than USD 490.

Minimum Wage and Starting Salary

Minimum Wage and Starting Salary refers to the fundamental pay levels for entry-level positions. It encompasses the legally mandated minimum wage and the initial compensation offered to new hires, impacting job seekers and employers alike. Understanding these figures is crucial for ensuring fair labor practices and successful career beginnings. In Jamaica the minimum salary is USD 310.

Median Salary

With half of the values above and half below it, the median salary in Jamaica is USD 530, serving as the middle point of all salaries in a dataset. This stat provides a more balanced perspective on income distribution and is commonly employed to gauge average earnings in various professions and industries.

Salary range and Percentile

Salary Range refers to the span between the lowest and highest salaries in a given dataset, indicating the scope of potential earnings. Percentile, on the other hand, represents a specific point in the range, showing how a salary compares to others in the dataset, making it useful for benchmarking pay levels. In Jamaica the salary ranges from USD 310 to USD 3,000.

Annual Salary Increments in Jamaica

What is the average annual salary increment in the Jamaica? How frequently do employees receive salary raises?

During 2024, Jamaica recorded an average salary increment of around 0.7% for its employees, spanning various job sectors. On a global scale, the average salary increase for 2024 is 0.7%.Download chartGet chart linkShare on FacebookShare on Twitter
In 2024, the average salary increase for employees in Jamaica was around 0.7%. It's important to highlight that this figure is an average across all job sectors. Globally, the average for 2024 is 0.7%.

Historical Graph of Annual Salary Increments in Jamaica

Employees in Jamaica received in recent years salary increase from 0.7% to 6.2% on average per year. It means 3.4% increment per year on average.Download chartGet chart linkShare on FacebookShare on Twitter
Employees in Jamaica received in recent years salary increase from 0.7% to 6.2% on average per year. It means 3.4% increment per year on average.

Salary Forecast and Trends for the Future in Jamaica

There are several key factors that influence future of salary growth. That is why we provide range of most probable forecast of salary increments. During next year salary increment will most likely be around 3.2%. Estimated range is between 1.8% and 4.9%.Download chartGet chart linkShare on FacebookShare on Twitter
There are several key factors that influence future of salary growth. That is why we provide range of most probable forecast of salary increments. During next year salary increment will most likely be around 3.2%. Estimated range is between 1.8% and 4.9%.

Gender Wage Gap in Jamaica

What is the difference in pay between mens and womens? Men vs. women salary comparison.

The actual wage gap in Jamaica reaches 9.0%.Download chartGet chart linkShare on FacebookShare on Twitter
The actual wage gap in Jamaica reaches 9.0%.
It's due to many factors, such as:
  • Gender inequality.
  • On average, women take 10% additional days of paid vacation compared to men each year.
  • Having a college degree is less common among women compared to men.
  • Caregiving responsibilities for children and elderly relatives are more often taken on by women than men.
  • Women are generally more inclined to work part-time, with part-time workers typically earning less than full-time workers.
  • Men, as opposed to women, are more likely to work in higher-paying occupations.

Salary Comparison by Education Level

How does the education level influence the amount of salary?

The completion of high school and the acquisition of a bachelor's degree offer a myriad of benefits. Above all, it greatly enhances career prospects, resulting in higher earning potential and expanded job possibilities. Advancing from a bachelor's degree to a master's degree offers several compelling advantages. Firstly, it deepens one's expertise and knowledge in a specific field, making graduates highly sought-after specialists in their areas of study. Continuing from a master's degree to a Ph.D. brings numerous benefits. Firstly, it allows individuals to become true experts in their chosen fields, conducting groundbreaking research and contributing to the advancement of knowledge.Download chartGet chart linkShare on FacebookShare on Twitter

The Benefits of Transitioning from High School to a Bachelor's Degree

Completing high school and obtaining a bachelor's degree brings a multitude of benefits. Firstly, it significantly enhances one's career prospects, leading to higher earning potential and access to a broader range of job opportunities. Beyond financial rewards, pursuing a bachelor's degree fosters personal growth, critical thinking skills, and the chance to specialize in a particular field of interest. It also facilitates valuable networking opportunities and the development of a global perspective. Ultimately, the journey from high school to a bachelor's degree is a transformative path that opens doors to a more fulfilling and prosperous future.

The Advantages of Progressing from a Bachelor's to a Master's Degree

Advancing from a bachelor's degree to a master's degree offers several compelling advantages. Firstly, it deepens one's expertise and knowledge in a specific field, making graduates highly sought-after specialists in their areas of study. This advanced education often leads to even greater earning potential and career advancement opportunities. Additionally, master's programs often emphasize research and critical thinking, honing these skills for practical application in professional settings. Networking opportunities expand further, connecting students with experts in their fields. Lastly, pursuing a master's degree is a significant personal achievement, reflecting dedication and a commitment to lifelong learning, which can contribute to personal growth and fulfillment.

The Advantages of Advancing from a Master's to a Ph.D. Degree

Continuing from a master's degree to a Ph.D. brings numerous benefits. Firstly, it allows individuals to become true experts in their chosen fields, conducting groundbreaking research and contributing to the advancement of knowledge. This expertise often leads to prestigious career opportunities in academia, research, and leadership positions in various sectors. Ph.D. programs foster advanced critical thinking, problem-solving, and analytical skills, making graduates highly adaptable and innovative. Networking opportunities expand even further, with collaborations and connections in the global academic and professional communities. Pursuing a Ph.D. underscores an unwavering commitment to intellectual exploration and a promising and influential career.

Salary Breakdown Based on Career Levels

How does an individual's salary evolve as time goes on?

Promotion from junior to intermediate role brings increased responsibilities and expertise. Generally, salary rises significantly, often 15%-19% higher, reflecting higher skill level and value to the company. Elevated from intermediate to senior role, responsibilities expand, along with a substantial salary hike of around 9%-13%. Expertise and leadership garner higher recognition and greater financial rewards. Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 16%-20% higher, mirroring strategic influence and heightened leadership contributions.Download chartGet chart linkShare on FacebookShare on Twitter

Salary increase going from Junior to Intermediate

Promotion from junior to intermediate role brings increased responsibilities and expertise. Generally, salary rises significantly, often 15%-19% higher, reflecting higher skill level and value to the company.

Elevation from Intermediate to Senior Role Brings Salary Advancement

Elevated from intermediate to senior role, responsibilities expand, along with a substantial salary hike of roughly 9%-13%. Expertise and leadership gain higher recognition and greater financial rewards.

Executive Promotion: Salary Increase from Senior Position

Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 16%-20% higher, mirroring strategic influence and heightened leadership contributions.

Average Hourly Wage in Jamaica

What is the average hourly wage in the Jamaica?

Average Hourly Wage
4USD
Low 2 USD
Average 4 USD
High 17 USD

What are the disadvantages of being paid on an hourly wage basis?

  • Income instability: Budgeting and planning for expenses can be difficult due to the irregular or fluctuating income that hourly wages may result in.
  • Limited earning potential: Hourly workers may face limitations in terms of the number of hours they can work, which can restrict their earning potential compared to salaried positions.
  • Lack of benefits: Hourly workers often have fewer or limited benefits such as paid time off, health insurance, retirement plans, and other perks usually related to full-time employment.
  • Inconsistent work hours: Hourly workers may experience unpredictable work schedules, including shifts that vary in duration or irregular hours, which can disrupt work-life balance and make it difficult to maintain consistent routines.
  • Uncertain job security: Hourly positions may experience higher job insecurity than salaried positions due to their susceptibility to layoffs, downsizing, or changes in demand.
  • Limited career advancement: There are instances where hourly employment offers restricted opportunities for career growth, professional development, or upward mobility within the organization.
It's important to note that these disadvantages may not apply universally and can vary depending on specific job circumstances and individual preferences.

Highest and Lowest Paying Jobs in Jamaica

What are the best paying jobs in Jamaica?

List with best paid jobs in JamaicaDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs Jamaica?

  1. Surgeon (USD 3,000)
  2. Doctor (USD 2,700)
  3. Chief Executive Officer (CEO) (USD 2,600)
  4. Registered Nurse Anesthetist (USD 2,500)
  5. Dentist (USD 2,400)
  6. Airline Pilot (USD 2,300)
  7. Intellectual Property Lawyer (USD 2,200)
  8. Marketing Manager (USD 2,000)
  9. Marketing Director (USD 2,000)
  10. Sales Director (USD 1,900)
  11. Sales Manager (USD 1,900)
  12. Petroleum Engineer (USD 1,800)
  13. Brand Manager (USD 1,800)
  14. Marketer (USD 1,800)
  15. Judge (USD 1,800)
  16. Treasurer (USD 1,800)
  17. Controller (USD 1,800)
  18. Pharmacist (USD 1,700)
  19. Tax Lawyer (USD 1,700)
  20. Lawyer (USD 1,700)
List with worst paid jobs in JamaicaDownload chartGet chart linkShare on FacebookShare on Twitter

Lowest paying jobs Jamaica?

  1. Cashier (USD 320)
  2. Childcare Worker (USD 330)
  3. Stock clerk (USD 340)
  4. Elder Care Worker (USD 340)
  5. Receptionist (USD 350)
  6. Bartender (USD 380)
  7. Food and beverage server (USD 390)
  8. Janitor (USD 390)
  9. Waiter (USD 400)
  10. Tour Guide (USD 400)
  11. Customer Service Representative (USD 480)
  12. Hotel Concierge (USD 480)
  13. Rehabilitation Counselor (USD 490)
  14. Travel Agent (USD 530)
  15. Secretary (USD 550)
  16. Painter (USD 570)
  17. Carpenter (USD 590)
  18. Bus Driver (USD 600)
  19. Artist (USD 600)
  20. Truck Driver (USD 610)
List with best paid industries in JamaicaDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs by industry

  1. Healthcare (USD 1,900)
  2. Business and Management (USD 1,600)
  3. Marketing and Sales (USD 1,500)
  4. Engineering (USD 1,400)
  5. Law (USD 1,300)
  6. Accounting and Finance (USD 1,300)
  7. Computer and Information Technology (USD 1,300)
  8. Transportation and Logistics (USD 1,300)
  9. Science (USD 1,200)
  10. Education and Training (USD 1,000)
  11. Other (USD 740)
  12. Hospitality and Tourism (USD 620)
  13. Social Services (USD 510)
  14. Services (USD 460)