Caribbean salary survey
In a recent Caribbean salary survey, Barbados has emerged as the top-paying country, with businesses in the region compensating their employees above market value for more than half of the 30 job roles examined. According to the PayPulse 2023 report published by The Caribbean Society for Human Resource Professionals (CSHRP) in Jamaica, Barbados outperforms both Antigua & Barbuda and Jamaica in terms of annual gross salaries, excluding benefits and incentives. The survey, covering 26 regional industries, found that Barbados pays above market value for 16 out of the 30 surveyed roles, accounting for 53.3%. The roles common to all three countries – Barbados, Antigua & Barbuda, and Jamaica – include Chief Executive Officer (CEO), Accountant, Administrative Assistant, Customer Service Representative, and Human Resources Manager. Barbados leads the ranking for basic annual salaries in key positions such as CEO (US$75,000), Accountant (US$33,843), and Administrative Assistant (...