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Engineering Average Salaries in Nicaragua 2021

How much money does a person working in Engineering make in Nicaragua?


Average Monthly Salary
16,000 NIO
( 192,000 NIO yearly)

LOW
5,070
NIO
AVERAGE
16,000
NIO
HIGH
33,800
NIO

A person working in Engineering in Nicaragua typically earns around 16,000 NIO per month. Salaries range from 5,070 NIO (lowest average) to 33,800 NIO (highest average, actual maximum salary is higher).

This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Engineering careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Salaries for specific jobs

Job TitleAverage Salary
Acoustics Engineer15,100 NIO
Assembly Engineering Technician13,000 NIO
Assistant Chief Engineer18,000 NIO
Associate Engineer14,900 NIO
Autocad Operator10,500 NIO
Automation Engineer17,100 NIO
Avionic System Support Engineer16,400 NIO
Biochemical Engineer15,200 NIO
BMS Engineer15,900 NIO
Bridge and Lock Tender9,300 NIO
Broadcast Engineer16,500 NIO
CAD Design Engineer17,300 NIO
CAD Designer10,000 NIO
CAE Engineer16,100 NIO
Ceramics Engineer15,600 NIO
Civil Engineer16,800 NIO
Commissioning Engineer15,400 NIO
Communications Engineer17,400 NIO
Condition Monitoring Engineer13,900 NIO
Contract Associate Engineer15,500 NIO
Control Systems Engineer16,300 NIO
Controls Engineer15,500 NIO
Controls Software Engineer13,900 NIO
Corrosion Engineer15,400 NIO
Design Engineer17,700 NIO
Drafter10,000 NIO
Drafting Manager19,500 NIO
Drilling Engineer16,100 NIO
Electrical Draughtsman8,320 NIO
Electrical Engineer17,400 NIO
Electrical Engineering Manager24,000 NIO
Electromechanical Engineering Technologist18,000 NIO
Electromechanical Equipment Assembler8,380 NIO
Energy Engineer17,700 NIO
Engine Assembler7,380 NIO
Engineer16,900 NIO
Engineering Account Manager18,200 NIO
Engineering Chief Designer19,400 NIO
Engineering Consultant22,500 NIO
Engineering Key Account Manager23,400 NIO
Engineering Lab Technician15,100 NIO
Engineering Planning Manager23,500 NIO
Engineering Production Manager28,300 NIO
Engineering Project Analyst19,900 NIO
Engineering Project Coordinator 18,300 NIO
Engineering Project Director33,800 NIO
Engineering Project Manager22,300 NIO
Engineering Research and Development Manager26,400 NIO
Engineering Safety Coordinator13,400 NIO
Engineering Sales Manager21,500 NIO
Engineering Technician12,300 NIO
Engineering Technologist13,200 NIO
Environmental Engineer16,600 NIO
Equipment Engineer14,800 NIO
Equipment Engineering Manager22,600 NIO
Estimator14,100 NIO
Fabrication Specialist12,000 NIO
Fabricator7,390 NIO
Facade Engineer16,200 NIO
Fiber Analyst9,460 NIO
Field Engineer17,000 NIO
Field Engineering Manager29,300 NIO
Fire Engineer16,500 NIO
Fitter and Turner5,560 NIO
Forestry Strategic Planner18,400 NIO
Generation Engineer17,200 NIO
Genetic Engineer17,600 NIO
Geological Engineer16,500 NIO
Geotechnical Engineer17,700 NIO
Heavy Equipment Mechanic8,940 NIO
Highway Engineer15,800 NIO
HSE Professional14,800 NIO
HVAC Engineer17,900 NIO
HVAC Supervisor15,400 NIO
Industrial Engineer15,500 NIO
Industrial Engineering Technologist16,100 NIO
Instrument Engineer15,600 NIO
Instrumentation and Control Engineer15,600 NIO
Instrumentation Engineer16,800 NIO
Instrumentation Manager15,800 NIO
Irrigation Engineer16,500 NIO
Licensed Aircraft Engineer17,500 NIO
Locomotive Engineer15,500 NIO
Maintenance Engineer15,300 NIO
Maintenance Fitter5,820 NIO
Maintenance Manager16,000 NIO
Manufacturing Engineer16,600 NIO
Marine Engineer16,600 NIO
Materials Engineer15,400 NIO
Materials Researcher15,700 NIO
Materials Technician11,900 NIO
Mechanical and Electrical Engineer18,600 NIO
Mechanical Design Engineer17,800 NIO
Mechanical Designer13,800 NIO
Mechanical Engineer17,700 NIO
Mechanical Engineering Manager22,400 NIO
Mechanical Inspector15,600 NIO
Mechatronics Engineer18,200 NIO
Mining Engineer15,700 NIO
Oil and Petrochemical Engineer17,600 NIO
Optical Engineer15,400 NIO
Optical Instrument Assembler8,520 NIO
PCB Assembler6,200 NIO
Photonics Engineer18,600 NIO
Photonics Technician14,500 NIO
Pipeline Engineer15,500 NIO
Piping Designer8,800 NIO
Piping Engineer15,700 NIO
Planning Engineer16,400 NIO
Pressure Vessel Inspector7,980 NIO
Principal Cost Engineer16,800 NIO
Principal Engineer16,000 NIO
Principal Support Engineer16,900 NIO
Process Engineer16,900 NIO
Process Operator9,510 NIO
Product Development Engineer17,000 NIO
Product Development Technician12,100 NIO
Product Engineer17,900 NIO
Product Safety Engineer15,100 NIO
Production Engineer16,200 NIO
Project Engineer17,500 NIO
Proposal Manager21,900 NIO
Purchasing Engineer15,100 NIO
Quality Assurance Engineer15,600 NIO
Rail Engineer16,800 NIO
Robotics Engineer19,500 NIO
Robotics Technician13,600 NIO
Safety Engineer16,000 NIO
Safety Inspector12,300 NIO
Safety Manager19,700 NIO
Safety Officer8,250 NIO
Sales Engineer18,300 NIO
Scheduling Engineer15,500 NIO
Service Engineer17,400 NIO
Solar Engineer17,000 NIO
Staff Engineer16,200 NIO
Static Equipment Engineer16,100 NIO
Stationary Engineer15,000 NIO
Stress Engineer15,000 NIO
Structural Analysis Engineer16,700 NIO
Structural Designer14,200 NIO
Structural Engineer16,000 NIO
Structural Technician11,100 NIO
Supply Chain Specialist16,400 NIO
Surveyor13,000 NIO
Technical Affairs Officer8,790 NIO
Technical Assistant8,520 NIO
Technical Engineer14,000 NIO
Technical Support Engineer13,900 NIO
Tender Engineer14,200 NIO
Test Development Engineer16,500 NIO
Transportation Engineer16,000 NIO
Validation Engineer15,300 NIO
Verification Engineer16,400 NIO
Wastewater Engineer16,900 NIO
Wind Energy Engineer17,300 NIO
Wind Energy Operations Manager21,700 NIO
Work Planner11,300 NIO

Engineering Jobs Salary Distribution in Nicaragua

Median and salary distribution monthly Nicaragua Engineering
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The median, the maximum, the minimum, and the range

  • Salary Range

    Engineering salaries in Nicaragua range from 5,070 NIO per month (minimum average salary) to 33,800 NIO per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 15,300 NIO per month, which means that half (50%) of people working in Engineering are earning less than 15,300 NIO while the other half are earning more than 15,300 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 people working in Engineering are earning less than 9,180 NIO while 75% of them are earning more than 9,180 NIO. Also from the diagram, 75% of people working in Engineering are earning less than 23,600 NIO while 25% are earning more than 23,600 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

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.

Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.


Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.

As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.


Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.

Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma.

Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.

Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.


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 this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.

Engineering Salary Comparison By Gender

Salary comparison by gender monthly Nicaragua Engineering
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees in Nicaragua who work in Engineering earn 9% more than their female counterparts on average.

Male
16,800 NIO
Female-8%
15,400 NIO
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Nicaragua for all Careers

Salary comparison by gender monthly Nicaragua
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Engineering Average Annual Salary Increment Percentage in Nicaragua

How much are annual salary increments in Nicaragua for Engineering professionals? How often do employees get salary raises?

Engineering

Engineering professionals in Nicaragua are likely to observe a salary increase of approximately 6% every 27 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Nicaragua Engineering
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

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

The average salary increase in one year (12 months) in Nicaragua is 2%.

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

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Engineering Bonus and Incentive Rates in Nicaragua

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Nicaragua Engineering
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Engineering is considered to be a moderate bonus-based field 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.

67% of surveyed staff in Engineering reported that they haven't received any bonuses or incentives in the previous year while 33% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 5% of their annual salary.

Received Bonus
33%
No Bonus
67%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, 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 Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These 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 GeneratorsSupporting 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:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


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.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

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.

Engineering Hourly Average Wage in Nicaragua


92 NIO per hour

The average hourly wage (pay per hour) in Nicaragua is 92 NIO. This means that the average person in Nicaragua earns approximately 92 NIO for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

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.

Engineering VS Other Jobs

Salary Comparison Between Engineering and Engineering monthly Nicaragua
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The average salary for Engineering is 16% less than that of All Jobs.

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
Percentage increase and decrease are relative to the previous value

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