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Average Salary - Bermuda BERMUDA / SALARY


SALARY SURVEYS

205

UPDATED
July 2024
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AVERAGE SALARY / YEAR MOST TYPICAL SALARY / YEAR
Gross income
Net (after tax)

1 BMD = 1 USD

89,258 BMD

$89,258 USD

77,000 BMD

$77,000 USD

Average Salary / Bermuda

Average salary in Bermuda is 89,258 BMD per year. The most typical earning is 77,000 BMD. All data are based on 205 salary surveys. Salaries are different between men and women. Men receive an average salary of 95,500 BMD. Women receive a salary of 87,000 BMD.

The most paid careers are Media with average income 350,000 BMD and Insurance with income 126,700 BMD.

Based on education, the highest salaries receive people with Bellow H. School with salary of 350,000 BMD. The second most paid education level is Masters Degree with salary of 106,100 BMD.

Different experiences affect earning as well. People with 12-16 Years of experience receive salary of 113,000 BMD. Employees with 20+ Years of experience receive 100,400 BMD.

Levels / Bermuda (Gross BMD)

Salary Levels (BMD) per Year Surveys [%]
10,000 BMD - 14,999 BMD
0 n/a
15,000 BMD - 19,999 BMD
1 100%
0.49%
20,000 BMD - 24,999 BMD
3 99.51%
1.46%
25,000 BMD - 29,999 BMD
1 98.05%
0.49%
30,000 BMD - 34,999 BMD
3 97.56%
1.46%
35,000 BMD - 39,999 BMD
9 96.1%
4.39%
40,000 BMD - 44,999 BMD
5 91.71%
2.44%
45,000 BMD - 49,999 BMD
3 89.27%
1.46%
50,000 BMD - 54,999 BMD
16 87.8%
7.8%
55,000 BMD - 59,999 BMD
5 80%
2.44%
60,000 BMD - 64,999 BMD
15 77.56%
7.32%
65,000 BMD - 69,999 BMD
11 70.24%
5.37%
70,000 BMD - 74,999 BMD
13 64.88%
6.34%
THE MOST TYPICAL SALARY
75,000 BMD - 79,999 BMD
19 58.54%
9.27%
80,000 BMD - 84,999 BMD
9 49.27%
4.39%
85,000 BMD - 89,999 BMD
10 44.88%
4.88%
90,000 BMD - 94,999 BMD
15 40%
7.32%
95,000 BMD - 99,999 BMD
10 32.68%
4.88%
100,000 BMD - 104,999 BMD
9 27.8%
4.39%
105,000 BMD - 109,999 BMD
3 23.41%
1.46%
110,000 BMD - 114,999 BMD
3 21.95%
1.46%
115,000 BMD - 119,999 BMD
4 20.49%
1.95%
120,000 BMD - 124,999 BMD
5 18.54%
2.44%
125,000 BMD - 129,999 BMD
3 16.1%
1.46%
130,000 BMD - 134,999 BMD
3 14.63%
1.46%
135,000 BMD - 139,999 BMD
2 13.17%
0.98%
140,000 BMD - 144,999 BMD
1 12.2%
0.49%
145,000 BMD - 149,999 BMD
3 11.71%
1.46%
HIGH SALARIES
150,000 BMD - 159,999 BMD
7 10.24%
3.41%
160,000 BMD - 169,999 BMD
2 6.83%
0.98%
170,000 BMD - 179,999 BMD
1 5.85%
0.49%
180,000 BMD - 189,999 BMD
2 5.37%
0.98%
190,000 BMD - 199,999 BMD
1 4.39%
0.49%
200,000 BMD - 209,999 BMD
2 3.9%
0.98%
210,000 BMD - 219,999 BMD
0 n/a
220,000 BMD - 229,999 BMD
1 2.93%
0.49%
230,000 BMD - 239,999 BMD
0 n/a
240,000 BMD - 249,999 BMD
0 n/a
250,000 BMD - 349,999 BMD
5 2.44%
2.44%

Gender / Bermuda (Gross BMD)

# Surveys AVERAGE SALARY / YEAR
1 Men 88 95,500 BMD
2 Women 106 87,000 BMD

Education / Bermuda (Gross BMD)

# Surveys AVERAGE SALARY / YEAR
1 Bellow H. School 1 350,000 BMD
2 Masters Degree 44 106,100 BMD
3 Doctorate Degree 5 93,600 BMD
4 Bachelors Degree 106 90,800 BMD
5 Some College 32 71,000 BMD
6 High School 17 54,000 BMD

Experience / Bermuda (Gross BMD)

# Surveys AVERAGE SALARY / YEAR
1 12-16 Years 21 113,000 BMD
2 20+ Years 30 100,400 BMD
3 8-12 Years 35 97,300 BMD
4 16-20 Years 22 90,000 BMD
5 4-8 Years 45 89,500 BMD
6 0-1 Year 9 81,600 BMD
7 2-4 Years 30 68,200 BMD
8 1-2 Years 13 55,400 BMD

Age / Bermuda (Gross BMD)

# Surveys AVERAGE SALARY / YEAR
1 41-45 27 110,400 BMD
2 46-50 16 108,300 BMD
3 31-35 38 101,800 BMD
4 61-65 3 94,300 BMD
5 51-55 15 92,700 BMD
6 36-40 24 90,200 BMD
7 56-60 8 87,300 BMD
8 26-30 41 84,900 BMD
9 n/a 12 61,200 BMD
10 21-25 18 48,000 BMD
11 14-20 3 33,100 BMD

Work Type / Bermuda (Gross BMD)

# Surveys AVERAGE SALARY / YEAR
1 Self Employed 4 153,500 BMD
2 Permanent 165 89,100 BMD
3 Contract 31 88,400 BMD
4 Part Time 5 49,800 BMD

Cities / Bermuda (Gross BMD)

# Surveys AVERAGE SALARY / YEAR
1 Hamilton, Bermuda 195 90,100 BMD
2 --Other-- 10 73,200 BMD

Career Groups / Bermuda (Gross BMD)

# Surveys AVERAGE SALARY / YEAR
1 Media 1 350,000 BMD
2 Insurance 21 126,700 BMD
3 Engineers & Technicians V 2 115,000 BMD
4 Management & Business 9 108,700 BMD
5 Finance & Banking 15 108,300 BMD
6 Health Care & Medical 7 105,900 BMD
7 Law 11 97,200 BMD
8 IT & Programming 9 96,700 BMD
9 Health Care & Medical II 7 93,600 BMD
10 Construction & Labor Workers 3 93,300 BMD
11 Engineers & Technicians 2 90,500 BMD
12 Logistics, Road, Railway 1 90,000 BMD
13 Accounting & Administration 63 84,000 BMD
14 Education & University 7 82,600 BMD
15 Sports & Recreation 1 80,000 BMD
16 Human Resources 7 75,700 BMD
17 IT & Programming II 5 74,600 BMD
18 Hotels & Tourism 2 69,000 BMD
19 Organization & Coordination 2 67,300 BMD
20 Security & Fireguard 3 63,700 BMD
21 Marketing, Sales, Purchase 4 60,100 BMD
22 Properties & Real Estates 2 60,000 BMD
23 Public Sector 2 57,500 BMD
24 Automobile 2 54,200 BMD
25 Aviation & Shipping 2 48,800 BMD
26 Salesmen & Saleswomen 3 45,900 BMD
27 Architect Constructions 2 45,000 BMD
28 Making Design 1 45,000 BMD
29 Restaurants, Inns, Pubs 4 40,500 BMD
30 Customer Services 4 29,000 BMD
31 Fashion 1 20,000 BMD

Careers / Bermuda (Gross BMD)

# Surveys AVERAGE SALARY / YEAR
1 Social Media 1 350,000 BMD
2 General Manager 2 155,000 BMD
3 Insurance Underwriter 9 151,700 BMD
4 Product Manager 1 150,000 BMD
5 Lawyer 4 147,500 BMD
6 Risk Management Insurance 3 141,300 BMD
7 Doctor 3 141,000 BMD
8 IT Manager 4 122,500 BMD
9 Banks 1 120,000 BMD
10 CPA - Certified Public Accountant 3 115,300 BMD
11 Other Engineer Career 2 115,000 BMD
12 Chartered Accountant 12 114,300 BMD
13 Healthcare Administration 2 114,000 BMD
14 IT Project Manager 2 110,000 BMD
15 Account Manager 5 108,800 BMD
16 Other Finance Career 3 106,800 BMD
17 Insurance 4 105,300 BMD
18 Construction Manager 2 105,000 BMD
19 Operations Coordinator 1 100,000 BMD
20 Office Manager 2 96,300 BMD
21 Other Insurance Career 3 93,100 BMD
22 Accountant 5 91,000 BMD
23 Pharmacist 2 91,000 BMD
24 Financial Accountant 4 90,900 BMD
25 Risk Analyst 1 90,000 BMD
26 Manager 1 90,000 BMD
27 Special Education Teacher 2 86,000 BMD
28 Company Secretary 4 84,000 BMD
29 Audit Manager 2 83,500 BMD
30 Senior Accountant 3 80,000 BMD
31 Registered Nurse 3 76,300 BMD
32 Tax Accountant 1 76,000 BMD
33 Medical Billing and Coding 1 75,000 BMD
34 Other Human Resource Career 2 73,500 BMD
35 Operations Manager 2 73,000 BMD
36 Bank Manager 2 72,500 BMD
37 Other Law Career 2 70,000 BMD
38 Teacher 2 68,000 BMD
39 Accounting Assistant 4 67,300 BMD
40 Life Insurance 1 67,000 BMD
41 Other IT Career 2 65,500 BMD
42 Other Administration Career 4 64,000 BMD
43 Legal Secretary 3 64,000 BMD
44 Junior Accountant 3 61,700 BMD
45 Administrative Assistant 3 61,300 BMD
46 Property Manager 2 60,000 BMD
47 Bookkeeper 1 60,000 BMD
48 Other Security Career 1 58,000 BMD
49 Human Resource Hunter 2 57,500 BMD
50 Office Administrator 2 55,700 BMD
51 Software Developer 2 55,000 BMD
52 Car Mechanic 2 54,200 BMD
53 Fund Accountant 3 51,000 BMD
54 Other Aviation & Shipping Career 2 48,800 BMD
55 Firefighter 1 48,000 BMD
56 Trainee Accountant 3 44,300 BMD
57 Waiter or Waitress 3 39,700 BMD
58 Food Service 2 32,200 BMD

People's individual salary examples (surveys)

50/50  Risk And Compliance Analyst (Woman)
Posted 16 June 2022

What I do?

"KYC reviews, create policies and procedures, internal and external presentations, manage third party relationships, senior representative with regulator, create board meeting presentations, new client onboarding, employee onboarding, commercial real estate finance, commercial banking, private banking, wealth management, plan and execute client appreciation events."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Bachelors Degree 16-20 Years Advanced 90,000 BMD

49/50  Associate (Man)
Posted 18 February 2022

What I do?

"Accounting."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Bachelors Degree 1-2 Years Intermediate 50,000 BMD

48/50  Medical Underwriter (Woman)
Posted 05 January 2022

What I do?

"All medical underwriting. Health, life, disability, death, life,."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Some College 8-12 Years Advanced 74,000 BMD

47/50  Influencer (Man)
Posted 28 December 2021

What I do?

"Basic."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Bellow H. School 0-1 Year Expert 350,000 BMD

46/50  Administrative Assistant (Woman)
Posted 14 November 2021

What I do?

"Debt Collection, Accounts Payable, Filing."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Bachelors Degree 12-16 Years Basic 65,000 BMD

45/50  Fund Accountant (Woman)
Posted 03 November 2021

What I do?

"Accounting work."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Bachelors Degree 1-2 Years Intermediate 50,000 BMD

44/50  Compensation & Benefits Specialist (Man)
Posted 31 August 2021

What I do?

"Payroll Specialist."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Bachelors Degree 0-1 Year Basic 62,000 BMD

43/50  Assistant Underwriter (Woman)
Posted 27 August 2021

What I do?

"Property and Specialty RI."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Bachelors Degree 2-4 Years Intermediate 115,000 BMD

42/50  Project Manager (Woman)
Posted 12 July 2021

What I do?

"ANALYTICAL SKILLS, PROJECT MANAGEMENT SKILLS."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Masters Degree 4-8 Years Advanced 150,000 BMD

41/50  Assistant Reinsurance Accountant (Woman)
Posted 27 March 2021

What I do?

"Treaty, cash allocation, broker maintenance, email management, claims payments, aged receivable. ARe, AIC, AINS, AIS."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Some College 12-16 Years n/a 100,500 BMD

40/50  Accounts Payable Supervisor (Woman)
Posted 15 February 2021

What I do?

"Process wire payments, bank reconciliations, accounts payable, entering accounting into great plains."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Bachelors Degree 12-16 Years n/a 99,000 BMD

39/50  Investment Accounting Manager (Man)
Posted 13 February 2021

What I do?

"Overall responsibility of investment accounting for group and regulatory reporting."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Masters Degree 8-12 Years n/a 160,000 BMD

38/50  Office Manager (Woman)
Posted 21 January 2021

What I do?

"Budgets Financial statements Accounts Payable Corporate secretarial."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda High School 20+ Years n/a 100,000 BMD

37/50  Bookkeeping And Payroll (Woman)
Posted 02 September 2020

What I do?

"Bookkeeping and payroll."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Bachelors Degree 8-12 Years n/a 60,000 BMD

36/50  Relationship Manager (Man)
Posted 31 August 2020

What I do?

"Covering portfolio of companies."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Bachelors Degree 4-8 Years n/a 125,000 BMD

35/50  Elementary Teacher (Woman)
Posted 04 July 2020

What I do?

"Teach Plan lessons Write reports Take care of all the needs of students Report to home Plan events Grade Supervise."

City Education Experience Knowledge Gross salary / year
--Other-- Bachelors Degree 20+ Years n/a 88,000 BMD

34/50  Senior Manager (Woman)
Posted 01 March 2020

What I do?

"ACCA charted qualified accountant."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Bachelors Degree 8-12 Years n/a 150,000 BMD

33/50  Cashier (Woman)
Posted 28 February 2020

What I do?

"Money transactions."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Bachelors Degree 2-4 Years n/a 35,000 BMD

32/50  Fire And Security Technician (Man)
Posted 10 February 2020

What I do?

"Install, service and troubleshoot fire alarm systems, burglar alarm systems, CCTV and access control systems,."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Bachelors Degree 12-16 Years n/a 58,000 BMD

31/50  FireFighter (Man)
Posted 28 January 2020

What I do?

"Medical work put out fires ems and more."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Some College 2-4 Years n/a 48,000 BMD

30/50  Project Manager (Man)
Posted 03 January 2020

What I do?

"IT Project Manager in Banking Domain."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Bachelors Degree 12-16 Years n/a 150,000 BMD

29/50  Tax Senior (Man)
Posted 01 January 2020

What I do?

"Us tax senior with 5 years xp."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Bachelors Degree 4-8 Years n/a 76,000 BMD

28/50  Senior Accountant (Man)
Posted 25 December 2019

What I do?

"ACCA qualified."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Masters Degree 4-8 Years n/a 75,000 BMD

27/50  Software Developer (Man)
Posted 09 December 2019

What I do?

"Build software for company."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Bachelors Degree 1-2 Years n/a 40,000 BMD

26/50  Account Manager (Woman)
Posted 09 December 2019

What I do?

"Managing fund accounts."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Masters Degree 2-4 Years n/a 100,000 BMD

25/50  Credit Analyst (Man)
Posted 07 November 2019

What I do?

"Credit analyst for large and mid corporate."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Masters Degree 4-8 Years n/a 120,000 BMD

24/50  Contractor (Woman)
Posted 27 September 2019

What I do?

"Temporary accounting contractor."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Bachelors Degree 16-20 Years n/a 120,000 BMD

23/50  Pensions (Woman)
Posted 26 September 2019

What I do?

"Processing new business applications both in group and individual pension plans from start to finish, processing monthly pension contributions and terminations, processing enrollment applications, update all application forms, plan agreements and administration forms when required, annual drawdowns, education sessions, perform associated administrative duties including receiving and distributing mail, filing, depositing checks picking up drafts from the bank, processing yearly statements, prepare enrollment and sales packages when required and support VP, Pensions and Investments when required, meet with members with pension options and annual AML updating."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Some College 8-12 Years n/a 65,000 BMD

22/50  Trust Officer (Woman)
Posted 23 September 2019

What I do?

"Administer complex trust and companies."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Bachelors Degree 4-8 Years n/a 80,000 BMD

21/50  Laundry Manager (Man)
Posted 16 September 2019

What I do?

"Managing a department within approved budget."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda High School 8-12 Years n/a 90,000 BMD

20/50  Exposure Manager (Woman)
Posted 16 September 2019

What I do?

"Monitor all exposures within the modelled portfolio and provide RDS losses and input."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Bachelors Degree 12-16 Years n/a 195,000 BMD

19/50  Financial Controller For (Woman)
Posted 11 September 2019

What I do?

"Managing a team of 15 accountants. Producing group consolidated financial statements."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Bachelors Degree 4-8 Years n/a 113,000 BMD

18/50  Manager (Woman)
Posted 10 September 2019

What I do?

"Manage accounting."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Bachelors Degree 16-20 Years n/a 145,000 BMD

17/50  Corporate Associate (Man)
Posted 01 September 2019

What I do?

"Corporate legal advice."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Bachelors Degree 4-8 Years n/a 150,000 BMD

16/50  Manager (Man)
Posted 21 August 2019

What I do?

"Engineering manager."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Some College 20+ Years n/a 155,000 BMD

15/50  Financial Controller (Man)
Posted 20 August 2019

What I do?

"Accounting review, approval and preparation of financial statements and management reports."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Bachelors Degree 20+ Years n/a 138,000 BMD

14/50  Custody Administrator Specialist (Woman)
Posted 11 August 2019

What I do?

"Execute received customer instructions, which involves wire transfers, internal transfer and process trade instructions. Ensure all pertinent documentation are current and valid for customer and accounts."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda High School 12-16 Years n/a 62,500 BMD

13/50  Billing (Man)
Posted 08 August 2019

What I do?

"Setting up and monitoring claims."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Masters Degree 2-4 Years n/a 75,000 BMD

12/50  Trainee Underwriter (Woman)
Posted 18 July 2019

What I do?

"Underwriter trainee to gain knowledge and experience to grow into a junior underwriter position."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Bachelors Degree 4-8 Years n/a 67,000 BMD

11/50  Medical Surgical (Man)
Posted 14 July 2019

What I do?

"Medical surgical nursing."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Bachelors Degree 4-8 Years n/a 76,000 BMD

10/50  Manager (Man)
Posted 14 July 2019

What I do?

"Big 4 actuarial manager."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Bachelors Degree 4-8 Years n/a 130,000 BMD

9/50  Vice President (Woman)
Posted 13 July 2019

What I do?

"Casualty Underwriter."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Bachelors Degree 12-16 Years n/a 250,000 BMD

8/50  Marketing Brand Manager (Woman)
Posted 09 July 2019

What I do?

"Develop marketing programs."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Bachelors Degree 1-2 Years n/a 50,000 BMD

7/50  Building Automated Controls Tech (Man)
Posted 20 June 2019

What I do?

"Programming of Security. Fire, HVAC controllers located in Buildings. These devices help keep the building comfortable and safe from fire and intrusion."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Some College 16-20 Years n/a 75,000 BMD

6/50  ICT Technician (Man)
Posted 18 June 2019

What I do?

"Support and maintain unified communications systems."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Bachelors Degree 4-8 Years n/a 51,000 BMD

5/50  Senior Bookkeeper (Woman)
Posted 09 June 2019

What I do?

"Account receivable, accounts payable etc."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Some College 8-12 Years n/a 35,000 BMD

4/50  Senior Bookkeeper (Woman)
Posted 08 June 2019

What I do?

"Payroll administration, Financial statement preparation, Journal entries, Accounts payable and receivable administration."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Bachelors Degree 20+ Years n/a 67,000 BMD

3/50  Software Engineer (Man)
Posted 30 May 2019

What I do?

"Develop software solutions and integrate systems."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Masters Degree 2-4 Years n/a 92,000 BMD

2/50  Financial Controller (Man)
Posted 30 May 2019

What I do?

"Managing Finance and Accounting."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Masters Degree 16-20 Years n/a 120,000 BMD

1/50  Senior Consultant (Woman)
Posted 24 May 2019

What I do?

"Financial reporting & analysis."

City Education Experience Knowledge Gross salary / year
Hamilton, Bermuda Bachelors Degree 4-8 Years n/a 145,000 BMD


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