Wind Energy Engineer Average Salary in Nicaragua 2021
How much money does a Wind Energy Engineer make in Nicaragua?
LOW
9,000
NIO AVERAGE
17,300
NIO HIGH
26,500
NIO
A person working as a Wind Energy Engineer in Nicaragua typically earns around 17,300 NIO per month. Salaries range from 9,000 NIO (lowest) to 26,500 NIO (highest).
This is the average monthly salary including housing, transport, and other benefits. Wind Energy Engineer salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Wind Energy Engineer Salary Distribution in Nicaragua
The median, the maximum, the minimum, and the range
Salary Range
Wind Energy Engineer salaries in Nicaragua range from 9,000 NIO per month (minimum salary) to 26,500 NIO per month (maximum salary).
Median Salary
The median salary is 16,600 NIO per month, which means that half (50%) of people working as Wind Energy Engineer(s) are earning less than 16,600 NIO while the other half are earning more than 16,600 NIO. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Percentiles
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Wind Energy Engineer(s) are earning less than 11,500 NIO while 75% of them are earning more than 11,500 NIO. Also from the diagram, 75% of Wind Energy Engineer(s) are earning less than 20,700 NIO while 25% are earning more than 20,700 NIO.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
Wind Energy Engineer Salary Comparison by Years of Experience
How does experience and age affect your pay?
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Wind Energy Engineer salaries by experience level and this is what we found.
A Wind Energy Engineer with less than two years of experience makes approximately 10,200 NIO per month.
While someone with an experience level between two and five years is expected to earn 13,700 NIO per month, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 17,800 NIO per month, 30% more than someone with two to five years of experience.
Additionally, Wind Energy Engineer(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 21,600 NIO per month, 21% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 23,600 NIO per month, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 24,800 NIO per month, 5% more than people with fifteen to twenty years of experience.
Wind Energy Engineer average salary change by experience in Nicaragua
| 0 - 2 Years | 10,200 NIO | |
| 2 - 5 Years | +34% | 13,700 NIO |
| 5 - 10 Years | +30% | 17,800 NIO |
| 10 - 15 Years | +21% | 21,600 NIO |
| 15 - 20 Years | +9% | 23,600 NIO |
| 20+ Years | +5% | 24,800 NIO |
Typical Salary Progress for Most Careers
Wind Energy Engineer Salary Comparison By Education
How do education levels affect salaries?
Displayed below is the average salary difference between different Wind Energy Engineer(s) who have the same experience but different education levels.
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Wind Energy Engineer salaries by education level in order to make a comparison.
When the education level is Bachelor's Degree, the average salary of a Wind Energy Engineer is 14,400 NIO per month.
While someone with a Master's Degree gets a salary of 20,000 NIO per month, 39% more than someone having a Bachelor's Degree degree.
Wind Energy Engineer average salary difference by education level in Nicaragua
| Bachelor's Degree | 14,400 NIO | |
| Master's Degree | +39% | 20,000 NIO |
Is a Master's degree or an MBA worth it? Should you pursue higher education?
A Master's degree program or any post-graduate program in Nicaragua costs anywhere from 94,700 Cordoba Oro(s) to 284,000 Cordoba Oro(s) and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support the thoery. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Typical Salary Difference by Education for Most Careers
Wind Energy Engineer Salary Comparison By Gender
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Wind Energy Engineer employees in Nicaragua earn 9% more than their female counterparts on average.
| Male | 18,200 NIO | |
| Female | -8% | 16,700 NIO |
Salary Comparison By Gender in Nicaragua for all Careers
Wind Energy Engineer Average Annual Salary Increment Percentage in Nicaragua
How much are annual salary increments in Nicaragua for Wind Energy Engineer(s)? How often do employees get salary raises?
Wind Energy Engineer
Wind Energy Engineer(s) in Nicaragua are likely to observe a salary increase of approximately 8% every 28 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.
Nicaragua / All Professions
The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency
Annual Increment Rate By Industry 2020
| Banking | 3% | |
| Energy | 6% | |
| Information Technology | 9% | |
| Healthcare | 3% | |
| Travel | 6% | |
| Construction | 9% | |
| Education | 3% |
Listed above are the average annual increase rates for each industry in Nicaragua for the year 2020. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.
Worldwide Salary Raises: All Countries and All Jobs
Wind Energy Engineer Bonus and Incentive Rates in Nicaragua
How much and how often are bonuses being awarded?
Share This Chart Tweet Get Chart Linkhttp://www.salaryexplorer.com/charts/nicaragua/engineering/wind-energy-engineer/annual-salary-bonus-rate-nicaragua-wind-energy-engineer.jpg
A Wind Energy Engineer is considered to be a low bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.
90% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 10% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 1% to 3% of their annual salary.
| Received Bonus | 10% | |
| No Bonus | 90% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Wind Energy Engineer Average Hourly Wage in Nicaragua
100 NIO per hourThe average hourly wage (pay per hour) in Nicaragua is 100 NIO. This means that the average Wind Energy Engineer in Nicaragua earns approximately 100 NIO for every worked hour.
The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
Wind Energy Engineer VS Other Jobs
The average salary for Wind Energy Engineer is 8% more than that of Engineering. Also, Engineering salaries are 16% less than those of All Jobs.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Acoustics Engineer | 15,100 NIO |  -13% |
| Assembly Engineering Technician | 13,000 NIO | -25% |
| Assistant Chief Engineer | 18,000 NIO |  +4% |
| Associate Engineer | 14,900 NIO | -14% |
| Autocad Operator | 10,500 NIO | -39% |
| Automation Engineer | 17,100 NIO | -1% |
| Avionic System Support Engineer | 16,400 NIO | -5% |
| Biochemical Engineer | 15,200 NIO | -12% |
| BMS Engineer | 15,900 NIO | -8% |
| Bridge and Lock Tender | 9,300 NIO | -46% |
| Broadcast Engineer | 16,500 NIO | -5% |
| CAD Design Engineer | 17,300 NIO | -0% |
| CAD Designer | 10,000 NIO | -42% |
| CAE Engineer | 16,100 NIO | -7% |
| Ceramics Engineer | 15,600 NIO | -10% |
| Civil Engineer | 16,800 NIO | -3% |
| Commissioning Engineer | 15,400 NIO | -11% |
| Communications Engineer | 17,400 NIO | +1% |
| Condition Monitoring Engineer | 13,900 NIO | -20% |
| Contract Associate Engineer | 15,500 NIO | -10% |
| Control Systems Engineer | 16,300 NIO | -6% |
| Controls Engineer | 15,500 NIO | -10% |
| Controls Software Engineer | 13,900 NIO | -20% |
| Corrosion Engineer | 15,400 NIO | -11% |
| Design Engineer | 17,700 NIO | +2% |
| Drafter | 10,000 NIO | -42% |
| Drafting Manager | 19,500 NIO | +13% |
| Drilling Engineer | 16,100 NIO | -7% |
| Electrical Draughtsman | 8,320 NIO | -52% |
| Electrical Engineer | 17,400 NIO | +1% |
| Electrical Engineering Manager | 24,000 NIO | +39% |
| Electromechanical Engineering Technologist | 18,000 NIO | +4% |
| Electromechanical Equipment Assembler | 8,380 NIO | -52% |
| Energy Engineer | 17,700 NIO | +2% |
| Engine Assembler | 7,380 NIO | -57% |
| Engineer | 16,900 NIO | -2% |
| Engineering Account Manager | 18,200 NIO | +5% |
| Engineering Chief Designer | 19,400 NIO | +12% |
| Engineering Consultant | 22,500 NIO | +30% |
| Engineering Key Account Manager | 23,400 NIO | +35% |
| Engineering Lab Technician | 15,100 NIO | -13% |
| Engineering Planning Manager | 23,500 NIO | +36% |
| Engineering Production Manager | 28,300 NIO | +64% |
| Engineering Project Analyst | 19,900 NIO | +15% |
| Engineering Project Coordinator | 18,300 NIO | +6% |
| Engineering Project Director | 33,800 NIO | +95% |
| Engineering Project Manager | 22,300 NIO | +29% |
| Engineering Research and Development Manager | 26,400 NIO | +53% |
| Engineering Safety Coordinator | 13,400 NIO | -23% |
| Engineering Sales Manager | 21,500 NIO | +24% |
| Engineering Technician | 12,300 NIO | -29% |
| Engineering Technologist | 13,200 NIO | -24% |
| Environmental Engineer | 16,600 NIO | -4% |
| Equipment Engineer | 14,800 NIO | -14% |
| Equipment Engineering Manager | 22,600 NIO | +31% |
| Estimator | 14,100 NIO | -19% |
| Fabrication Specialist | 12,000 NIO | -31% |
| Fabricator | 7,390 NIO | -57% |
| Facade Engineer | 16,200 NIO | -6% |
| Fiber Analyst | 9,460 NIO | -45% |
| Field Engineer | 17,000 NIO | -2% |
| Field Engineering Manager | 29,300 NIO | +69% |
| Fire Engineer | 16,500 NIO | -5% |
| Fitter and Turner | 5,560 NIO | -68% |
| Forestry Strategic Planner | 18,400 NIO | +6% |
| Generation Engineer | 17,200 NIO | -1% |
| Genetic Engineer | 17,600 NIO | +2% |
| Geological Engineer | 16,500 NIO | -5% |
| Geotechnical Engineer | 17,700 NIO | +2% |
| Heavy Equipment Mechanic | 8,940 NIO | -48% |
| Highway Engineer | 15,800 NIO | -9% |
| HSE Professional | 14,800 NIO | -14% |
| HVAC Engineer | 17,900 NIO | +3% |
| HVAC Supervisor | 15,400 NIO | -11% |
| Industrial Engineer | 15,500 NIO | -10% |
| Industrial Engineering Technologist | 16,100 NIO | -7% |
| Instrument Engineer | 15,600 NIO | -10% |
| Instrumentation and Control Engineer | 15,600 NIO | -10% |
| Instrumentation Engineer | 16,800 NIO | -3% |
| Instrumentation Manager | 15,800 NIO | -9% |
| Irrigation Engineer | 16,500 NIO | -5% |
| Licensed Aircraft Engineer | 17,500 NIO | +1% |
| Locomotive Engineer | 15,500 NIO | -10% |
| Maintenance Engineer | 15,300 NIO | -12% |
| Maintenance Fitter | 5,820 NIO | -66% |
| Maintenance Manager | 16,000 NIO | -8% |
| Manufacturing Engineer | 16,600 NIO | -4% |
| Marine Engineer | 16,600 NIO | -4% |
| Materials Engineer | 15,400 NIO | -11% |
| Materials Researcher | 15,700 NIO | -9% |
| Materials Technician | 11,900 NIO | -31% |
| Mechanical and Electrical Engineer | 18,600 NIO | +7% |
| Mechanical Design Engineer | 17,800 NIO | +3% |
| Mechanical Designer | 13,800 NIO | -20% |
| Mechanical Engineer | 17,700 NIO | +2% |
| Mechanical Engineering Manager | 22,400 NIO | +29% |
| Mechanical Inspector | 15,600 NIO | -10% |
| Mechatronics Engineer | 18,200 NIO | +5% |
| Mining Engineer | 15,700 NIO | -9% |
| Oil and Petrochemical Engineer | 17,600 NIO | +2% |
| Optical Engineer | 15,400 NIO | -11% |
| Optical Instrument Assembler | 8,520 NIO | -51% |
| PCB Assembler | 6,200 NIO | -64% |
| Photonics Engineer | 18,600 NIO | +7% |
| Photonics Technician | 14,500 NIO | -16% |
| Pipeline Engineer | 15,500 NIO | -10% |
| Piping Designer | 8,800 NIO | -49% |
| Piping Engineer | 15,700 NIO | -9% |
| Planning Engineer | 16,400 NIO | -5% |
| Pressure Vessel Inspector | 7,980 NIO | -54% |
| Principal Cost Engineer | 16,800 NIO | -3% |
| Principal Engineer | 16,000 NIO | -8% |
| Principal Support Engineer | 16,900 NIO | -2% |
| Process Engineer | 16,900 NIO | -2% |
| Process Operator | 9,510 NIO | -45% |
| Product Development Engineer | 17,000 NIO | -2% |
| Product Development Technician | 12,100 NIO | -30% |
| Product Engineer | 17,900 NIO | +3% |
| Product Safety Engineer | 15,100 NIO | -13% |
| Production Engineer | 16,200 NIO | -6% |
| Project Engineer | 17,500 NIO | +1% |
| Proposal Manager | 21,900 NIO | +27% |
| Purchasing Engineer | 15,100 NIO | -13% |
| Quality Assurance Engineer | 15,600 NIO | -10% |
| Rail Engineer | 16,800 NIO | -3% |
| Robotics Engineer | 19,500 NIO | +13% |
| Robotics Technician | 13,600 NIO | -21% |
| Safety Engineer | 16,000 NIO | -8% |
| Safety Inspector | 12,300 NIO | -29% |
| Safety Manager | 19,700 NIO | +14% |
| Safety Officer | 8,250 NIO | -52% |
| Sales Engineer | 18,300 NIO | +6% |
| Scheduling Engineer | 15,500 NIO | -10% |
| Service Engineer | 17,400 NIO | +1% |
| Solar Engineer | 17,000 NIO | -2% |
| Staff Engineer | 16,200 NIO | -6% |
| Static Equipment Engineer | 16,100 NIO | -7% |
| Stationary Engineer | 15,000 NIO | -13% |
| Stress Engineer | 15,000 NIO | -13% |
| Structural Analysis Engineer | 16,700 NIO | -3% |
| Structural Designer | 14,200 NIO | -18% |
| Structural Engineer | 16,000 NIO | -8% |
| Structural Technician | 11,100 NIO | -36% |
| Supply Chain Specialist | 16,400 NIO | -5% |
| Surveyor | 13,000 NIO | -25% |
| Technical Affairs Officer | 8,790 NIO | -49% |
| Technical Assistant | 8,520 NIO | -51% |
| Technical Engineer | 14,000 NIO | -19% |
| Technical Support Engineer | 13,900 NIO | -20% |
| Tender Engineer | 14,200 NIO | -18% |
| Test Development Engineer | 16,500 NIO | -5% |
| Transportation Engineer | 16,000 NIO | -8% |
| Validation Engineer | 15,300 NIO | -12% |
| Verification Engineer | 16,400 NIO | -5% |
| Wastewater Engineer | 16,900 NIO | -2% |
| Wind Energy Engineer | 17,300 NIO | -0% |
| Wind Energy Operations Manager | 21,700 NIO | +25% |
| Work Planner | 11,300 NIO | -35% |
Government vs Private Sector Salary Comparison
Where can you get paid more, working for a private company or for the government? Public sector employees in Nicaragua earn 14% more than their private sector counterparts on average across all sectors.
| Private Sector | 18,000 NIO | |
| Public Sector | +14% | 20,400 NIO |
