Bahamas Financial Services Board Salary

Bahamas Financial Services Board Salary

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As of August 2026, the average annual salary for employees at Bahamas Financial Services Board in the United States is $86,842. This translates to an approximate hourly wage of $42. Salaries at Bahamas Financial Services Board typically range from $76,149 to $98,441 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Bahamas Financial Services Board

Ready for your next career move? Explore current job openings at Bahamas Financial Services Board. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Bahamas Financial Services Board’s Pay Competitive? Salary Benchmarking Analysis

How does Bahamas Financial Services Board's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Mcguane Merchant Processing LLC $95,649
+10.1%
Data suggests Mcguane Merchant Processing LLC's workforce skews heavily towards veteran, high-tenure roles.
ProSource Financial LLC $95,955
+10.5%
Supported by ProSource Financial LLC's high-margin contracts allowing higher overhead.
White Point Partners $87,380
+0.6%
Indicates identical technical requirements and experience levels between the two firms.
546Kentucky Blue Blood Financial Group 1353 $89,774
+3.4%
Driven by niche technical certifications required for 546Kentucky Blue Blood Financial Group 1353's specialized projects.
Financial Services Industry $121,514
+39.9%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How Bahamas Financial Services Board's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Bahamas Financial Services Board. Click a company name to learn more.

Employee Reviews: Working at Bahamas Financial Services Board

Considering a career at Bahamas Financial Services Board? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
The culture is formal and hierarchical, with limited cross-department collaboration. It’s not the most exciting workplace, but dependable and routine for those who want professional stability and limited surprises. The company empowers employees to build strong client relationships, and feedback is actively incorporated into improvements. Training is provided but can meet all career development ne...
Commented in May 22, 2025
50
3
Tasks are well defined. Seeing clients achieve their goals through our work is incredibly rewarding. The caliber of talent here is impressive, making collaboration both stimulating and productive. Compensation and benefits are top-tier, reflecting the value placed on talent. Overall, it suits those who prefer predictability and stability. The financial tools we develop are industry-leading.
Commented in November 17, 2024
39
2
Financial companies can be rigid, but this one balances structure with creativity. Great training, well-defined roles, and a helpful team made onboarding seamless. A great workplace for professionals looking to grow. Management is truly supportive of career progression.
Commented in March 26, 2024
20
0

Bahamas Financial Services Board Overview

Website
www.bfsb-bahamas.com
Founded In
1981
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
PO Box 16419 Duluth Minnesota MN 55816
Revenue
$5 Million - $10 Million
Phone Number
+1 3059339025
Social Media
About Bahamas Financial Services Board
The Bahamas Financial Services Board (BFSB) represents an innovative commitment by the financial services industry and the Government of The Bahamas to promote a greater awareness of The Bahamas' strengths as an international financial centre. The Board is a multidisciplinary body that embraces active contribution from individuals within the government, banking, trust and investment advisory servi

What Benefits Does Bahamas Financial Services Board Offer Beyond Salary?

A competitive compensation package is more than just a salary. Bahamas Financial Services Board offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Duluth?

Understanding the cost of living near Duluth is key to truly evaluating a salary offer or your current compensation at Bahamas Financial Services Board.
Duluth's Cost of Living Index is approximately 93.6 (6.4% less expensive than US average; 3.6% less than MN average). Lake Superior port city, scenic, affordable housing, cold winters. DTA bus. When planning your budget based on a salary from Bahamas Financial Services Board, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of Bahamas Financial Services Board salary. Location choices impact this heavily.
Utilities (Basic) $140 - $250 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (DTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,210 - $3,560+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Bahamas Financial Services Board

1. What is the estimated average total compensation at Bahamas Financial Services Board?

Salary.com estimates that the average total compensation package at Bahamas Financial Services Board, which can include base salary, potential bonuses, and benefits, is around $86,842 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Bahamas Financial Services Board pay compared to Mcguane Merchant Processing LLC?

The average annual salary at Bahamas Financial Services Board is $86,842, or an hourly wage of $42, in comparison to Mcguane Merchant Processing LLC which pays $95,649 per year or $46 per hour.

3. Do salaries differ significantly between departments at Bahamas Financial Services Board?

Yes, salaries often differ between departments at Bahamas Financial Services Board due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. What's the typical salary progression for an employee moving from an entry-level to a senior role at Bahamas Financial Services Board?

Salary progression from an entry-level to a senior role at Bahamas Financial Services Board can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Bahamas Financial Services Board in Duluth is fair given the local cost of living?

To determine if a salary offer from Bahamas Financial Services Board in Duluth is fair, first compare the gross salary to our data for similar roles at Bahamas Financial Services Board and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Duluth" to understand its purchasing power.

6. Are promotions at Bahamas Financial Services Board usually accompanied by a significant salary increase?

Yes, promotions at Bahamas Financial Services Board are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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