Educators in the British Virgin Islands (BVI) have become some of the highest-paid in the region following a recent compensation review, Premier and Minister of Finance Dr. Natalio Wheatley announced during his budget address.
The starting salary for qualified teachers in the BVI now stands at $55,146 per year (approximately J$8.8 million), surpassing the $50,974 annual starting salary for teachers in the neighboring United States Virgin Islands (USVI). The $4,172 difference reflects the territory’s efforts to offer more competitive pay.
“This competitive salary supports our efforts to attract and retain talented educators, a critical factor in the success of our students and the system as a whole,” Wheatley said.
The salary adjustment comes after urgent appeals in early 2023 by Minister of Education Sharie de Castro, who raised concerns about high resignation rates among teachers, many of whom were leaving the profession for better-paying opportunities elsewhere.
De Castro previously noted the significant salary disparity between the BVI and neighboring territories, arguing that underpayment discouraged locals from pursuing teaching careers. “It is understandable that low compensation for teachers discourages our own from entering the profession,” she said.
Low wages had also forced many educators to take on multiple jobs, detracting from their ability to fully commit to their students and classrooms. De Castro emphasized that improved pay would help reduce turnover, retain skilled teachers, and elevate the quality of education in the BVI.
The newly implemented salary increase is seen as a crucial step in addressing these challenges and ensuring the long-term success of the education system.