Average Salary in Saint Kitts and Nevis 2024

Explore the intricate dynamics of salaries in Saint Kitts and Nevis with this comprehensive article. Gain insights into the pay scale, wage gap, and salary yearly increments prevalent in this Caribbean nation. Unveil the breakdown of salaries based on education level and years of experience, allowing you to understand the economic landscape and make informed decisions regarding your career path. Stay informed and unravel the complexities surrounding salaries in Saint Kitts and Nevis.
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 Saint Kitts and Nevis in 2024?

What is the average salary in Saint Kitts and Nevis in 2024?
1,200USD
(USD 13,500 yearly)
Low 510 USD
Average 1,200 USD
High 5,000 USD
You can expect to earn around USD 1,200 per month if you work in Saint Kitts and Nevis. Keep in mind that salaries can range from USD 510 (lowest average) to USD 5,000 (highest average, actual maximum salary is higher). This average salary includes housing, transport, and other benefits. Salaries differ greatly depending on the career. For detailed salary information on specific job titles, please refer below.
In comparison with average salary in Saint Kitts and Nevis in 2023, salaries changed by +0.8% so far. Looking ahead, economists project a gradual recovery in the job market. The comprehensive comparison between 2023 and 2024 will be conducted at the year's end.

Pay Scale and Salaries in Saint Kitts and Nevis

Pay Scale Comparison and Salary Structure

Nearly everyone earns less than USD 5,000, 75% of the people earn USD 1,600 or less. 50% employees earn less USD 1,100 or less, 25% of the employees earn less than USD 820.Download chartGet chart linkShare on FacebookShare on Twitter

Salary Structure

Nearly everyone earns less than USD 5,000, 75% of the people earn USD 1,600 or less. 50% employees earn less USD 1,100 or less, 25% of the employees earn less than USD 820.

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 Saint Kitts and Nevis the minimum salary is USD 510.

Median Salary

In Saint Kitts and Nevis, the median salary is USD 890, which represents the middle point of all salaries in a dataset, with half of the values above and half below it. This measurement provides a more balanced view of income distribution and is commonly used 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 Saint Kitts and Nevis the salary ranges from USD 510 to USD 5,000.

Annual Salary Increments in Saint Kitts and Nevis

What is the average annual salary increment in the Saint Kitts and Nevis? How frequently do employees receive salary raises?

Employees in Saint Kitts and Nevis experienced an average salary increase of 0.8% during 2024. This average is calculated across different job sectors. Globally, the average salary increase for 2024 is 0.8%.Download chartGet chart linkShare on FacebookShare on Twitter
In 2024 the workforce in Saint Kitts and Nevis experienced approximately 0.8% salary growth. It's important to highlight that this figure represents the average across diverse job sectors. Globally, the average salary increase for 2024 stands at 0.8%.

Historical Graph of Annual Salary Increments in Saint Kitts and Nevis

The salary of employees in Saint Kitts and Nevis has been increasing in recent years, with an average yearly increment of 3.2%. The increment ranges from 0.8% to 5.4% per year.Download chartGet chart linkShare on FacebookShare on Twitter
On an average, employees in Saint Kitts and Nevis have received a salary increase ranging from 0.8% to 5.4% per year in recent years. This translates to an average increment of 3.2% per year.

Salary Forecast and Trends for the Future in Saint Kitts and Nevis

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 4.6%. Estimated range is between 2.5% and 7.1%.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 4.6%. Estimated range is between 2.5% and 7.1%.

Gender Wage Gap in Saint Kitts and Nevis

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

The gender pay disparity in Saint Kitts and Nevis is 8.0%.Download chartGet chart linkShare on FacebookShare on Twitter
Actual wage gap in Saint Kitts and Nevis is 8.0%.
It's due to many factors, such as:
  • Gender bias.
  • On average, women enjoy 10% more days of paid vacation than men each year.
  • Compared to men, women have a lower likelihood of having a college degree.
  • Females are more inclined than males to assume caregiving responsibilities for children and elderly relatives.
  • Women are more likely than men to work part-time, and part-time workers typically earn less than full-time workers.
  • Women tend to gravitate towards lower-paying occupations more than men.

Salary Comparison by Education Level

How does the education level influence the amount of salary?

High school completion and achieving a bachelor's degree offer numerous advantages. Primarily, they substantially improve career prospects, resulting in increased earning potential and wider job options. 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 receiving a bachelor's degree present a multitude of benefits. First and foremost, they significantly enhance career prospects, leading to higher earning potential and broader access to job opportunities. Alongside financial advantages, pursuing a bachelor's degree fosters personal growth, develops critical thinking skills, and offers the chance to specialize in a particular field of interest. It also facilitates valuable networking opportunities and promotes the cultivation 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. is a testament to perseverance, intellectual curiosity, and a commitment to pushing the boundaries of human understanding, ultimately leading to a fulfilling 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 17%-21% 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 close to 10%-14%. Expertise and leadership receive higher recognition and greater financial rewards. Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 17%-21% 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 17%-21% 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 10%-14%. 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 17%-21% higher, mirroring strategic influence and heightened leadership contributions.

Average Hourly Wage in Saint Kitts and Nevis

What is the average hourly wage in the Saint Kitts and Nevis?

Average Hourly Wage
7USD
Low 3 USD
Average 7 USD
High 29 USD

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

  • Income instability: Hourly wages may result in irregular or fluctuating income, making it challenging to budget and plan for expenses.
  • 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 interrupt work-life balance and make it challenging to maintain consistent routines.
  • Uncertain job security: Compared to salaried positions, job insecurity in hourly positions can increase as they are more susceptible to layoffs, downsizing, or changes in demand.
  • Limited career advancement: There may be limited opportunities for career growth, professional development, or upward mobility within the organization in some hourly jobs.
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 Saint Kitts and Nevis

What are the best paying jobs in Saint Kitts and Nevis?

List with best paid jobs in Saint Kitts and NevisDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs Saint Kitts and Nevis?

  1. Surgeon (USD 4,900)
  2. Doctor (USD 4,500)
  3. Chief Executive Officer (CEO) (USD 4,200)
  4. Registered Nurse Anesthetist (USD 4,100)
  5. Dentist (USD 4,000)
  6. Airline Pilot (USD 3,800)
  7. Intellectual Property Lawyer (USD 3,700)
  8. Marketing Manager (USD 3,300)
  9. Marketing Director (USD 3,300)
  10. Sales Director (USD 3,100)
  11. Sales Manager (USD 3,100)
  12. Petroleum Engineer (USD 3,100)
  13. Brand Manager (USD 3,000)
  14. Marketer (USD 3,000)
  15. Judge (USD 2,900)
  16. Treasurer (USD 2,900)
  17. Controller (USD 2,900)
  18. Pharmacist (USD 2,800)
  19. Tax Lawyer (USD 2,800)
  20. Lawyer (USD 2,800)
List with worst paid jobs in Saint Kitts and NevisDownload chartGet chart linkShare on FacebookShare on Twitter

Lowest paying jobs Saint Kitts and Nevis?

  1. Cashier (USD 530)
  2. Childcare Worker (USD 560)
  3. Stock clerk (USD 570)
  4. Elder Care Worker (USD 570)
  5. Receptionist (USD 590)
  6. Bartender (USD 640)
  7. Food and beverage server (USD 640)
  8. Janitor (USD 650)
  9. Waiter (USD 660)
  10. Tour Guide (USD 660)
  11. Customer Service Representative (USD 800)
  12. Hotel Concierge (USD 810)
  13. Rehabilitation Counselor (USD 820)
  14. Travel Agent (USD 890)
  15. Secretary (USD 910)
  16. Painter (USD 940)
  17. Carpenter (USD 980)
  18. Bus Driver (USD 1,000)
  19. Artist (USD 1,100)
  20. Truck Driver (USD 1,100)
List with best paid industries in Saint Kitts and NevisDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs by industry

  1. Healthcare (USD 3,200)
  2. Business and Management (USD 2,700)
  3. Marketing and Sales (USD 2,500)
  4. Engineering (USD 2,300)
  5. Law (USD 2,200)
  6. Accounting and Finance (USD 2,200)
  7. Computer and Information Technology (USD 2,100)
  8. Transportation and Logistics (USD 2,100)
  9. Science (USD 2,100)
  10. Education and Training (USD 1,700)
  11. Other (USD 1,300)
  12. Hospitality and Tourism (USD 1,100)
  13. Social Services (USD 850)
  14. Services (USD 770)