Average Salary in Saint Lucia 2024

Understanding the Salary Structure in Saint Lucia: Exploring the Pay Scale, Wage Gap, Annual Increments, and Educational Breakdown. Delve into the intricacies of salary dynamics in Saint Lucia, analyzing the pay scale across industries and pinpointing the prevailing wage gap. Gain insight into the annual increments offered by employers, exploring the impact of education levels and years of experience on salary breakdown. Uncover the factors influencing earning potential in this scenic Caribbean nation, providing a comprehensive and SEO-friendly exploration of Saint Lucia's salary landscape.
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 Lucia in 2024?

What is the average salary in Saint Lucia in 2024?
1,300USD
(USD 15,400 yearly)
Low 580 USD
Average 1,300 USD
High 5,700 USD
You can expect to earn around USD 1,300 per month if you work in Saint Lucia. Keep in mind that salaries can range from USD 580 (lowest average) to USD 5,700 (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 Lucia in 2023, salaries changed by +0.8% so far. Looking ahead, economists project a gradual recovery in the job market. Full comparison 2023 and 2024 we are able to do it at the end of the year.

Pay Scale and Salaries in Saint Lucia

Pay Scale Comparison and Salary Structure

Nearly everyone earns less than USD 5,700, 75% of the people earn USD 1,800 or less. 50% employees earn less USD 1,300 or less, 25% of the employees earn less than USD 930.Download chartGet chart linkShare on FacebookShare on Twitter

Salary Structure

Nearly everyone earns less than USD 5,700, 75% of the people earn USD 1,800 or less. 50% employees earn less USD 1,300 or less, 25% of the employees earn less than USD 930.

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 Lucia the minimum salary is USD 580.

Median Salary

Median Salary represents the middle point of all salaries in a dataset, with half of the values above and half below it. It provides a more balanced view of income distribution, making it less sensitive to extreme values, and is commonly used to gauge average earnings in various professions and industries. In Saint Lucia the median salary is USD 1,100.

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 Lucia the salary ranges from USD 580 to USD 5,700.

Annual Salary Increments in Saint Lucia

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

During 2024, Saint Lucia recorded an average salary increment of around 0.8% for its employees, spanning various job sectors. On a global scale, the average salary increase for 2024 is 0.8%.Download chartGet chart linkShare on FacebookShare on Twitter
In 2024 employees in Saint Lucia received around 0.8% salary increase. Please note that this is average across all job sectors. In comparison worldwide average for 2024 is 0.8%.

Historical Graph of Annual Salary Increments in Saint Lucia

Employees in Saint Lucia received in recent years salary increase from 0.8% to 7.1% on average per year. It means 3.5% increment per year on average.Download chartGet chart linkShare on FacebookShare on Twitter
Within the past years, employees in Saint Lucia have seen their salaries increase by an average of 3.5% per year. This encompasses a range of 0.8% to 7.1% increment per year.

Salary Forecast and Trends for the Future in Saint Lucia

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 3.6%. Estimated range is between 2.0% and 5.5%.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 3.6%. Estimated range is between 2.0% and 5.5%.

Gender Wage Gap in Saint Lucia

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

The wage gap in Saint Lucia currently stands at 9.0%.Download chartGet chart linkShare on FacebookShare on Twitter
The actual wage gap in Saint Lucia reaches 9.0%.
It's due to many factors, such as:
  • Gender disparity.
  • On average, women use 10% more paid vacation days per year compared to men.
  • Compared to men, women have a lower likelihood of having a college degree.
  • In the realm of caregiving responsibilities for children and elderly relatives, women are more predisposed than men to take them on.
  • Women are more inclined to pursue part-time jobs, and these jobs typically come with lower earnings compared to full-time positions.
  • In comparison to men, women are more likely to work in lower-paying occupations.

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

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. Besides financial benefits, pursuing a bachelor's degree fosters personal growth, sharpens critical thinking abilities, and enables specialization in a chosen field. It also provides valuable networking prospects and facilitates the development of a global perspective. Ultimately, the journey from high school to a bachelor's degree is a life-altering path that opens doors to a more satisfying and successful 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. signifies an insatiable thirst for knowledge and a commitment to a meaningful 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 13%-17% 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 nearly 13%-17%. Expertise and leadership secure higher recognition and greater financial rewards. Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 23%-27% 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 13%-17% 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 around 13%-17%. Expertise and leadership garner 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 23%-27% higher, mirroring strategic influence and heightened leadership contributions.

Average Hourly Wage in Saint Lucia

What is the average hourly wage in the Saint Lucia?

Average Hourly Wage
8USD
Low 3 USD
Average 8 USD
High 33 USD

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

  • Income instability: Budgeting and planning for expenses may be challenging due to the irregular or fluctuating income that hourly wages can bring.
  • 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 normally attributed 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 upset work-life balance and make it difficult to maintain consistent routines.
  • Uncertain job security: Hourly positions are sometimes more susceptible to layoffs, downsizing, or changes in demand, which can lead to job insecurity compared to salaried positions.
  • 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 Lucia

What are the best paying jobs in Saint Lucia?

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

Highest paying jobs Saint Lucia?

  1. Surgeon (USD 5,600)
  2. Doctor (USD 5,100)
  3. Chief Executive Officer (CEO) (USD 4,900)
  4. Registered Nurse Anesthetist (USD 4,700)
  5. Dentist (USD 4,500)
  6. Airline Pilot (USD 4,400)
  7. Intellectual Property Lawyer (USD 4,200)
  8. Marketing Manager (USD 3,700)
  9. Marketing Director (USD 3,700)
  10. Sales Director (USD 3,500)
  11. Sales Manager (USD 3,500)
  12. Petroleum Engineer (USD 3,500)
  13. Brand Manager (USD 3,400)
  14. Marketer (USD 3,400)
  15. Judge (USD 3,400)
  16. Treasurer (USD 3,300)
  17. Controller (USD 3,300)
  18. Pharmacist (USD 3,200)
  19. Tax Lawyer (USD 3,200)
  20. Lawyer (USD 3,200)
List with worst paid jobs in Saint LuciaDownload chartGet chart linkShare on FacebookShare on Twitter

Lowest paying jobs Saint Lucia?

  1. Cashier (USD 610)
  2. Childcare Worker (USD 640)
  3. Stock clerk (USD 650)
  4. Elder Care Worker (USD 650)
  5. Receptionist (USD 670)
  6. Bartender (USD 730)
  7. Food and beverage server (USD 740)
  8. Janitor (USD 740)
  9. Waiter (USD 750)
  10. Tour Guide (USD 760)
  11. Customer Service Representative (USD 910)
  12. Hotel Concierge (USD 920)
  13. Rehabilitation Counselor (USD 930)
  14. Travel Agent (USD 1,100)
  15. Secretary (USD 1,100)
  16. Painter (USD 1,100)
  17. Carpenter (USD 1,200)
  18. Bus Driver (USD 1,200)
  19. Artist (USD 1,200)
  20. Truck Driver (USD 1,200)
List with best paid industries in Saint LuciaDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs by industry

  1. Healthcare (USD 3,600)
  2. Business and Management (USD 3,100)
  3. Marketing and Sales (USD 2,800)
  4. Engineering (USD 2,600)
  5. Law (USD 2,500)
  6. Accounting and Finance (USD 2,500)
  7. Computer and Information Technology (USD 2,400)
  8. Transportation and Logistics (USD 2,400)
  9. Science (USD 2,300)
  10. Education and Training (USD 1,900)
  11. Other (USD 1,500)
  12. Hospitality and Tourism (USD 1,200)
  13. Social Services (USD 970)
  14. Services (USD 890)