A person working in Electrical and Electronics Trades in Barbados typically earns around 2,090 BBD. Salaries range from 820 BBD (lowest average) to 4,360 BBD (highest average, actual maximum salary is higher).
The provided figure represents the median compensation that encompasses housing, transportation, and other perks. The salaries within the Electrical and Electronics Trades domain in Barbados exhibit significant discrepancies across various professions. In case you seek information about the remuneration of a specific position, please refer to the salaries listed below for respective job titles.
Salaries in Electrical and Electronics Trades in Barbados range from 820 BBD (starting average salary) to 4,360 BBD (maximum average salary, actual maximum is higher). To clarify, the number presented is not the legally mandated minimum wage. Rather, it represents the lowest figure reported in a salary survey that involved thousands of participants and professionals from across the entire country.
The median income in the field of Electrical and Electronics Trades is 1,860 BBD, implying that half of the workforce in Barbados earns less than this figure, and the other half earns more. It represents the central value of salaries. As a rule of thumb, you would prefer to be part of the group earning above the median wage, situated on the right-hand side of the salary distribution chart.
Two values that are highly correlated with the median are the 25th and 75th percentiles. By examining the salary distribution diagram, it is possible to determine that 25% of individuals employed in Electrical and Electronics Trades in Barbados earn less than 1,450 BBD, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 2,270 BBD, while 25% earn more than that.
Data was regrouped into brackets to provide a better understanding of what salaries can be expected. This approach was deemed more accurate than relying solely on the average salary, as it offers greater insights into the distribution of salaries in the field of Electrical and Electronics Trades in Barbados. The analysis revealed that roughly 65% of all reported salaries fell within the range of 1,080 BBD to 1,850 BBD. Approximately 20% of salaries were below the 1,080 BBD mark, while 10% ranged from 1,850 BBD to 2,190 BBD. Only 5% of individuals earned a gross salary of 2,190 BBD or higher.