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Average Salary - Bermuda BERMUDA / SALARY

SALARY SURVEYS
201
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UPDATED
December 2021
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AVERAGE SALARY / YEAR MOST TYPICAL SALARY / YEAR Gross income Net (after tax)

88,228 BMD

$88,228 USD

77,000 BMD

$77,000 USD

Average Salary / Bermuda

Average salary in Bermuda is 88,228 BMD per year. The most typical earning is 77,000 BMD. All data are based on 201 salary surveys. Salaries are different between men and women. Men receive an average salary of 93,076 BMD. Women receive a salary of 87,062 BMD.

The most paid careers are Insurance with average income 129,346 BMD and Engineers & Technicians V with income 115,000 BMD.

Based on education, the highest salaries receive people with Masters Degree with salary of 106,123 BMD. The second most paid education level is Doctorate Degree with salary of 93,600 BMD.

Different experiences affect earning as well. People with 12-16 Years of experience receive salary of 113,047 BMD. Employees with 20+ Years of experience receive 100,416 BMD.

Levels / Bermuda (Gross BMD)

Salary Levels (BMD) per Year Surveys Earning Percent
10,000 BMD - 14,999 BMD
0 n/a
15,000 BMD - 19,999 BMD
1 100%
0.5%
20,000 BMD - 24,999 BMD
3 99.5%
1.49%
25,000 BMD - 29,999 BMD
1 98.01%
0.5%
30,000 BMD - 34,999 BMD
3 97.51%
1.49%
35,000 BMD - 39,999 BMD
9 96.02%
4.48%
40,000 BMD - 44,999 BMD
5 91.54%
2.49%
45,000 BMD - 49,999 BMD
3 89.05%
1.49%
50,000 BMD - 54,999 BMD
15 87.56%
7.46%
55,000 BMD - 59,999 BMD
5 80.1%
2.49%
60,000 BMD - 64,999 BMD
15 77.61%
7.46%
65,000 BMD - 69,999 BMD
11 70.15%
5.47%
70,000 BMD - 74,999 BMD
12 64.68%
5.97%
75,000 BMD - 79,999 BMD
19 58.71%
9.45%
80,000 BMD - 84,999 BMD
9 49.25%
4.48%
85,000 BMD - 89,999 BMD
10 44.78%
4.98%
90,000 BMD - 94,999 BMD
14 39.8%
6.97%
95,000 BMD - 99,999 BMD
10 32.84%
4.98%
100,000 BMD - 104,999 BMD
9 27.86%
4.48%
105,000 BMD - 109,999 BMD
3 23.38%
1.49%
110,000 BMD - 114,999 BMD
3 21.89%
1.49%
115,000 BMD - 119,999 BMD
4 20.4%
1.99%
120,000 BMD - 124,999 BMD
5 18.41%
2.49%
125,000 BMD - 129,999 BMD
3 15.92%
1.49%
130,000 BMD - 134,999 BMD
3 14.43%
1.49%
135,000 BMD - 139,999 BMD
2 12.94%
1%
140,000 BMD - 144,999 BMD
1 11.94%
0.5%
145,000 BMD - 149,999 BMD
3 11.44%
1.49%
High salaries
150,000 BMD - 159,999 BMD
7 9.95%
3.48%
160,000 BMD - 169,999 BMD
2 6.47%
1%
170,000 BMD - 179,999 BMD
1 5.47%
0.5%
180,000 BMD - 189,999 BMD
2 4.98%
1%
190,000 BMD - 199,999 BMD
1 3.98%
0.5%
200,000 BMD - 209,999 BMD
2 3.48%
1%
210,000 BMD - 219,999 BMD
0 n/a
220,000 BMD - 229,999 BMD
1 2.49%
0.5%
230,000 BMD - 239,999 BMD
0 n/a
240,000 BMD - 249,999 BMD
0 n/a
250,000 BMD - 349,999 BMD
4 1.99%
1.99%

Gender / Bermuda (Gross BMD)

# Surveys AVERAGE SALARY / YEAR
1 Men 86 93,076 BMD
2 Women 104 87,062 BMD

Education / Bermuda (Gross BMD)

# Surveys AVERAGE SALARY / YEAR
1 Masters Degree 44 106,123 BMD
2 Doctorate Degree 5 93,600 BMD
3 Bachelors Degree 104 91,162 BMD
4 Some College 31 70,888 BMD
5 High School 17 54,001 BMD

Experience / Bermuda (Gross BMD)

# Surveys AVERAGE SALARY / YEAR
1 12-16 Years 21 113,047 BMD
2 20+ Years 30 100,416 BMD
3 8-12 Years 34 97,996 BMD
4 16-20 Years 21 89,959 BMD
5 4-8 Years 45 89,451 BMD
6 2-4 Years 30 68,216 BMD
7 1-2 Years 12 55,823 BMD
8 0-1 Year 8 48,087 BMD

Age / Bermuda (Gross BMD)

# Surveys AVERAGE SALARY / YEAR
1 41-45 27 110,400 BMD
2 46-50 16 108,250 BMD
3 31-35 37 95,067 BMD
4 61-65 3 94,333 BMD
5 51-55 14 92,928 BMD
6 36-40 24 90,227 BMD
7 56-60 7 89,214 BMD
8 26-30 40 85,775 BMD
9 n/a 12 61,241 BMD
10 21-25 18 48,025 BMD
11 14-20 3 33,109 BMD

Work Type / Bermuda (Gross BMD)

# Surveys AVERAGE SALARY / YEAR
1 Permanent 162 89,381 BMD
2 Contract 31 88,424 BMD
3 Self Employed 3 88,000 BMD
4 Part Time 5 49,800 BMD

Cities / Bermuda (Gross BMD)

# Surveys AVERAGE SALARY / YEAR
1 Hamilton, Bermuda 191 89,017 BMD
2 --Other-- 10 73,150 BMD

Career Groups / Bermuda (Gross BMD)

# Surveys AVERAGE SALARY / YEAR
1 Insurance 20 129,346 BMD
2 Engineers & Technicians V 2 115,000 BMD
3 Finance & Banking 13 114,134 BMD
4 Management & Business 9 108,722 BMD
5 Health Care & Medical 7 105,857 BMD
6 Law 11 97,204 BMD
7 IT & Programming 9 96,666 BMD
8 Health Care & Medical II 7 93,571 BMD
9 Construction & Labor Workers 3 93,333 BMD
10 Engineers & Technicians 2 90,500 BMD
11 Logistics, Road, Railway 1 90,000 BMD
12 Accounting & Administration 63 84,001 BMD
13 Education & University 7 82,571 BMD
14 Sports & Recreation 1 80,000 BMD
15 Human Resources 7 75,714 BMD
16 IT & Programming II 5 74,600 BMD
17 Hotels & Tourism 2 68,950 BMD
18 Organization & Coordination 2 67,277 BMD
19 Security & Fireguard 3 63,666 BMD
20 Marketing, Sales, Purchase 4 60,050 BMD
21 Properties & Real Estates 2 60,000 BMD
22 Public Sector 2 57,500 BMD
23 Automobile 2 54,200 BMD
24 Aviation & Shipping 2 48,750 BMD
25 Salesmen & Saleswomen 3 45,900 BMD
26 Architect Constructions 2 45,000 BMD
27 Making Design 1 45,000 BMD
28 Restaurants, Inns, Pubs 4 40,500 BMD
29 Customer Services 4 29,032 BMD
30 Fashion 1 20,000 BMD

Careers / Bermuda (Gross BMD)

# Surveys AVERAGE SALARY / YEAR
1 Risk Management Insurance 2 175,000 BMD
2 General Manager 2 155,000 BMD
3 Insurance Underwriter 9 151,722 BMD
4 Product Manager 1 150,000 BMD
5 Lawyer 4 147,500 BMD
6 Doctor 3 141,000 BMD
7 Actuary 1 130,000 BMD
8 IT Manager 4 122,500 BMD
9 Banks 1 120,000 BMD
10 CPA - Certified Public Accountant 3 115,333 BMD
11 Other Engineer Career 2 115,000 BMD
12 Chartered Accountant 12 114,325 BMD
13 Healthcare Administration 2 114,000 BMD
14 IT Project Manager 2 109,999 BMD
15 Account Manager 5 108,800 BMD
16 Other Finance Career 3 106,750 BMD
17 Insurance 4 105,250 BMD
18 Construction Manager 2 105,000 BMD
19 Financial Accountant 3 104,500 BMD
20 Operations Coordinator 1 100,000 BMD
21 Office Manager 2 96,250 BMD
22 Other Insurance Career 3 93,144 BMD
23 Accountant 5 91,000 BMD
24 Pharmacist 2 91,000 BMD
25 Manager 1 90,000 BMD
26 Special Education Teacher 2 86,000 BMD
27 Company Secretary 4 84,000 BMD
28 Audit Manager 2 83,500 BMD
29 Senior Accountant 3 80,000 BMD
30 Registered Nurse 3 76,333 BMD
31 Tax Accountant 1 76,000 BMD
32 Medical Billing and Coding 1 75,000 BMD
33 Other Human Resource Career 2 73,500 BMD
34 Operations Manager 2 73,000 BMD
35 Bank Manager 2 72,500 BMD
36 Other Law Career 2 70,000 BMD
37 Teacher 2 68,000 BMD
38 Accounting Assistant 4 67,250 BMD
39 Life Insurance 1 67,000 BMD
40 Other IT Career 2 65,500 BMD
41 Other Administration Career 4 64,000 BMD
42 Legal Secretary 3 64,000 BMD
43 Junior Accountant 3 61,666 BMD
44 Administrative Assistant 3 61,333 BMD
45 Property Manager 2 60,000 BMD
46 Bookkeeper 1 60,000 BMD
47 Other Security Career 1 58,000 BMD
48 Human Resource Hunter 2 57,500 BMD
49 Office Administrator 2 55,700 BMD
50 Software Developer 2 55,000 BMD
51 Car Mechanic 2 54,200 BMD
52 Fund Accountant 3 51,000 BMD
53 Marketing Manager 1 50,000 BMD
54 Other Aviation & Shipping Career 2 48,750 BMD
55 Firefighter 1 48,000 BMD
56 Trainee Accountant 3 44,333 BMD
57 Waiter or Waitress 3 39,666 BMD
58 Food Service 2 32,164 BMD

ADDED SALARY SURVEYS

Administrative Assistant

Added 14 November 2021
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Bachelors Degree 12-16 Years Basic

65,000 BMD


Fund Accountant

Added 03 November 2021
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Bachelors Degree 1-2 Years Intermediate

50,000 BMD


Compensation & Benefits Specialist

Added 31 August 2021
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Bachelors Degree 0-1 Year Basic

62,000 BMD


Assistant Underwriter

Added 27 August 2021
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Bachelors Degree 2-4 Years Intermediate

115,000 BMD


Project Manager

Added 12 July 2021
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Masters Degree 4-8 Years Advanced

150,000 BMD


Assistant Reinsurance Accountant

Added 27 March 2021
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Some College 12-16 Years n/a

100,500 BMD


Accounts Payable Supervisor

Added 15 February 2021
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Bachelors Degree 12-16 Years n/a

99,000 BMD


Investment Accounting Manager

Added 13 February 2021
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Masters Degree 8-12 Years n/a

160,000 BMD


Office Manager

Added 21 January 2021
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda High School 20+ Years n/a

100,000 BMD


Bookkeeping And Payroll

Added 02 September 2020
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Bachelors Degree 8-12 Years n/a

60,000 BMD


Relationship Manager

Added 31 August 2020
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Bachelors Degree 4-8 Years n/a

125,000 BMD


Elementary Teacher

Added 04 July 2020
Cities Education Experience Knowledge Gross Salary
--Other-- Bachelors Degree 20+ Years n/a

88,000 BMD


Senior Manager

Added 01 March 2020
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Bachelors Degree 8-12 Years n/a

150,000 BMD


Cashier

Added 28 February 2020
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Bachelors Degree 2-4 Years n/a

35,000 BMD


Fire And Security Technician

Added 10 February 2020
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Bachelors Degree 12-16 Years n/a

58,000 BMD


Firefighter

Added 28 January 2020
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Some College 2-4 Years n/a

48,000 BMD


Project Manager

Added 03 January 2020
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Bachelors Degree 12-16 Years n/a

149,999 BMD


Tax Senior

Added 01 January 2020
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Bachelors Degree 4-8 Years n/a

76,000 BMD


Senior Accountant

Added 25 December 2019
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Masters Degree 4-8 Years n/a

75,000 BMD


Software Developer

Added 09 December 2019
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Bachelors Degree 1-2 Years n/a

40,000 BMD


Account Manager

Added 09 December 2019
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Masters Degree 2-4 Years n/a

100,000 BMD


Credit Analyst

Added 07 November 2019
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Masters Degree 4-8 Years n/a

120,000 BMD


Contractor

Added 27 September 2019
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Bachelors Degree 16-20 Years n/a

120,000 BMD


Pensions

Added 26 September 2019
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Some College 8-12 Years n/a

65,000 BMD


Trust Officer

Added 23 September 2019
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Bachelors Degree 4-8 Years n/a

80,000 BMD


Laundry Manager

Added 16 September 2019
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda High School 8-12 Years n/a

90,000 BMD


Exposure Manager

Added 16 September 2019
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Bachelors Degree 12-16 Years n/a

195,000 BMD


Financial Controller For

Added 11 September 2019
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Bachelors Degree 4-8 Years n/a

113,000 BMD


Manager

Added 10 September 2019
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Bachelors Degree 16-20 Years n/a

145,000 BMD


Corporate Associate

Added 01 September 2019
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Bachelors Degree 4-8 Years n/a

150,000 BMD


Manager

Added 21 August 2019
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Some College 20+ Years n/a

155,000 BMD


Financial Controller

Added 20 August 2019
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Bachelors Degree 20+ Years n/a

138,000 BMD


Custody Administrator Specialist

Added 11 August 2019
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda High School 12-16 Years n/a

62,500 BMD


Billing

Added 08 August 2019
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Masters Degree 2-4 Years n/a

75,000 BMD


Trainee Underwriter

Added 18 July 2019
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Bachelors Degree 4-8 Years n/a

67,000 BMD


Medical Surgical

Added 14 July 2019
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Bachelors Degree 4-8 Years n/a

76,000 BMD


Manager

Added 14 July 2019
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Bachelors Degree 4-8 Years n/a

130,000 BMD


Vice President

Added 13 July 2019
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Bachelors Degree 12-16 Years n/a

250,000 BMD


Marketing Brand Manager

Added 09 July 2019
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Bachelors Degree 1-2 Years n/a

50,000 BMD


Building Automated Controls Tech

Added 20 June 2019
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Some College 16-20 Years n/a

75,000 BMD


Ict Technician

Added 18 June 2019
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Bachelors Degree 4-8 Years n/a

51,000 BMD


Senior Bookkeeper

Added 09 June 2019
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Some College 8-12 Years n/a

35,000 BMD


Senior Bookkeeper

Added 08 June 2019
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Bachelors Degree 20+ Years n/a

67,000 BMD


Software Engineer

Added 30 May 2019
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Masters Degree 2-4 Years n/a

92,000 BMD


Financial Controller

Added 30 May 2019
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Masters Degree 16-20 Years n/a

120,000 BMD


Senior Consultant

Added 24 May 2019
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Bachelors Degree 4-8 Years n/a

145,000 BMD


Head Of Division

Added 21 May 2019
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Masters Degree 4-8 Years n/a

82,400 BMD


Executive Administrator Of Development And Marketing

Added 09 May 2019
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Bachelors Degree 20+ Years n/a

73,000 BMD


Supervisor

Added 03 May 2019
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Bachelors Degree 8-12 Years n/a

43,000 BMD


Assistant Finance Manager

Added 30 April 2019
Cities Education Experience Knowledge Gross Salary
Hamilton, Bermuda Masters Degree 8-12 Years n/a

127,000 BMD


ECONOMY / Bermuda

Bermuda ranks among countries with the highest salaries in the world. The luxury tourism mostly from North America accounts about 28 percent of its GDP. The largest industry is supplying international firms with the financial services.

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