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.
|Job Title||Average Salary|
|Acoustics Engineer||15,100 NIO|
|Assembly Engineering Technician||13,000 NIO|
|Assistant Chief Engineer||18,000 NIO|
|Associate Engineer||14,900 NIO|
|Autocad Operator||10,500 NIO|
|Automation Engineer||17,100 NIO|
|Avionic System Support Engineer||16,400 NIO|
|Biochemical Engineer||15,200 NIO|
|BMS Engineer||15,900 NIO|
|Bridge and Lock Tender||9,300 NIO|
|Broadcast Engineer||16,500 NIO|
|CAD Design Engineer||17,300 NIO|
|CAD Designer||10,000 NIO|
|CAE Engineer||16,100 NIO|
|Ceramics Engineer||15,600 NIO|
|Civil Engineer||16,800 NIO|
|Commissioning Engineer||15,400 NIO|
|Communications Engineer||17,400 NIO|
|Condition Monitoring Engineer||13,900 NIO|
|Contract Associate Engineer||15,500 NIO|
|Control Systems Engineer||16,300 NIO|
|Controls Engineer||15,500 NIO|
|Controls Software Engineer||13,900 NIO|
|Corrosion Engineer||15,400 NIO|
|Design Engineer||17,700 NIO|
|Drafting Manager||19,500 NIO|
|Drilling Engineer||16,100 NIO|
|Electrical Draughtsman||8,320 NIO|
|Electrical Engineer||17,400 NIO|
|Electrical Engineering Manager||24,000 NIO|
|Electromechanical Engineering Technologist||18,000 NIO|
|Electromechanical Equipment Assembler||8,380 NIO|
|Energy Engineer||17,700 NIO|
|Engine Assembler||7,380 NIO|
|Engineering Account Manager||18,200 NIO|
|Engineering Chief Designer||19,400 NIO|
|Engineering Consultant||22,500 NIO|
|Engineering Key Account Manager||23,400 NIO|
|Engineering Lab Technician||15,100 NIO|
|Engineering Planning Manager||23,500 NIO|
|Engineering Production Manager||28,300 NIO|
|Engineering Project Analyst||19,900 NIO|
|Engineering Project Coordinator||18,300 NIO|
|Engineering Project Director||33,800 NIO|
|Engineering Project Manager||22,300 NIO|
|Engineering Research and Development Manager||26,400 NIO|
|Engineering Safety Coordinator||13,400 NIO|
|Engineering Sales Manager||21,500 NIO|
|Engineering Technician||12,300 NIO|
|Engineering Technologist||13,200 NIO|
|Environmental Engineer||16,600 NIO|
|Equipment Engineer||14,800 NIO|
|Equipment Engineering Manager||22,600 NIO|
|Fabrication Specialist||12,000 NIO|
|Facade Engineer||16,200 NIO|
|Fiber Analyst||9,460 NIO|
|Field Engineer||17,000 NIO|
|Field Engineering Manager||29,300 NIO|
|Fire Engineer||16,500 NIO|
|Fitter and Turner||5,560 NIO|
|Forestry Strategic Planner||18,400 NIO|
|Generation Engineer||17,200 NIO|
|Genetic Engineer||17,600 NIO|
|Geological Engineer||16,500 NIO|
|Geotechnical Engineer||17,700 NIO|
|Heavy Equipment Mechanic||8,940 NIO|
|Highway Engineer||15,800 NIO|
|HSE Professional||14,800 NIO|
|HVAC Engineer||17,900 NIO|
|HVAC Supervisor||15,400 NIO|
|Industrial Engineer||15,500 NIO|
|Industrial Engineering Technologist||16,100 NIO|
|Instrument Engineer||15,600 NIO|
|Instrumentation and Control Engineer||15,600 NIO|
|Instrumentation Engineer||16,800 NIO|
|Instrumentation Manager||15,800 NIO|
|Irrigation Engineer||16,500 NIO|
|Licensed Aircraft Engineer||17,500 NIO|
|Locomotive Engineer||15,500 NIO|
|Maintenance Engineer||15,300 NIO|
|Maintenance Fitter||5,820 NIO|
|Maintenance Manager||16,000 NIO|
|Manufacturing Engineer||16,600 NIO|
|Marine Engineer||16,600 NIO|
|Materials Engineer||15,400 NIO|
|Materials Researcher||15,700 NIO|
|Materials Technician||11,900 NIO|
|Mechanical and Electrical Engineer||18,600 NIO|
|Mechanical Design Engineer||17,800 NIO|
|Mechanical Designer||13,800 NIO|
|Mechanical Engineer||17,700 NIO|
|Mechanical Engineering Manager||22,400 NIO|
|Mechanical Inspector||15,600 NIO|
|Mechatronics Engineer||18,200 NIO|
|Mining Engineer||15,700 NIO|
|Oil and Petrochemical Engineer||17,600 NIO|
|Optical Engineer||15,400 NIO|
|Optical Instrument Assembler||8,520 NIO|
|PCB Assembler||6,200 NIO|
|Photonics Engineer||18,600 NIO|
|Photonics Technician||14,500 NIO|
|Pipeline Engineer||15,500 NIO|
|Piping Designer||8,800 NIO|
|Piping Engineer||15,700 NIO|
|Planning Engineer||16,400 NIO|
|Pressure Vessel Inspector||7,980 NIO|
|Principal Cost Engineer||16,800 NIO|
|Principal Engineer||16,000 NIO|
|Principal Support Engineer||16,900 NIO|
|Process Engineer||16,900 NIO|
|Process Operator||9,510 NIO|
|Product Development Engineer||17,000 NIO|
|Product Development Technician||12,100 NIO|
|Product Engineer||17,900 NIO|
|Product Safety Engineer||15,100 NIO|
|Production Engineer||16,200 NIO|
|Project Engineer||17,500 NIO|
|Proposal Manager||21,900 NIO|
|Purchasing Engineer||15,100 NIO|
|Quality Assurance Engineer||15,600 NIO|
|Rail Engineer||16,800 NIO|
|Robotics Engineer||19,500 NIO|
|Robotics Technician||13,600 NIO|
|Safety Engineer||16,000 NIO|
|Safety Inspector||12,300 NIO|
|Safety Manager||19,700 NIO|
|Safety Officer||8,250 NIO|
|Sales Engineer||18,300 NIO|
|Scheduling Engineer||15,500 NIO|
|Service Engineer||17,400 NIO|
|Solar Engineer||17,000 NIO|
|Staff Engineer||16,200 NIO|
|Static Equipment Engineer||16,100 NIO|
|Stationary Engineer||15,000 NIO|
|Stress Engineer||15,000 NIO|
|Structural Analysis Engineer||16,700 NIO|
|Structural Designer||14,200 NIO|
|Structural Engineer||16,000 NIO|
|Structural Technician||11,100 NIO|
|Supply Chain Specialist||16,400 NIO|
|Technical Affairs Officer||8,790 NIO|
|Technical Assistant||8,520 NIO|
|Technical Engineer||14,000 NIO|
|Technical Support Engineer||13,900 NIO|
|Tender Engineer||14,200 NIO|
|Test Development Engineer||16,500 NIO|
|Transportation Engineer||16,000 NIO|
|Validation Engineer||15,300 NIO|
|Verification Engineer||16,400 NIO|
|Wastewater Engineer||16,900 NIO|
|Wind Energy Engineer||17,300 NIO|
|Wind Energy Operations Manager||21,700 NIO|
|Work Planner||11,300 NIO|
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).
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.
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.
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
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.
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.
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.
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.
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.
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.
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.
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.
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
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.
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.
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.
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.
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.
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.
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.
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.
The average salary for Engineering is 16% less than that of All Jobs.
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.