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Healthcare Technical Average Salaries in Panama 2021

How much money does a person working in Healthcare Technical make in Panama?


Average Monthly Salary
2,640 PAB
( 31,700 PAB yearly)

LOW
1,130
PAB
AVERAGE
2,640
PAB
HIGH
8,140
PAB

A person working in Healthcare Technical in Panama typically earns around 2,640 PAB per month. Salaries range from 1,130 PAB (lowest average) to 8,140 PAB (highest average, actual maximum salary is higher).

This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Healthcare Technical 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
Academic Clinician4,130 PAB
Admitting Officer1,470 PAB
Ambulance Dispatcher1,640 PAB
Ambulance Driver1,460 PAB
Ambulance Officer and Paramedic1,740 PAB
Ambulatory Services Director3,120 PAB
Anatomic Pathology Supervisor3,790 PAB
Anesthesia Technician2,170 PAB
Anesthesiologist6,520 PAB
Anesthesiology Assistant2,260 PAB
Assistant Optometrist1,890 PAB
Audiologist3,840 PAB
Biomedical Engineering Director2,960 PAB
Biomedical Engineering Technician1,510 PAB
Cardiac Technician1,410 PAB
Cardiovascular Specialist8,310 PAB
Cardiovascular Technologist3,050 PAB
Central Sterile Processing Technician1,770 PAB
Charge Entry Specialist1,890 PAB
Clinical Application Specialist1,880 PAB
Clinical Biochemist3,600 PAB
Clinical Cytogeneticist2,970 PAB
Clinical Data Reviewer1,820 PAB
Clinical Development Specialist2,430 PAB
Clinical Field Associate1,880 PAB
Clinical Genetic Technologist2,880 PAB
Clinical Microbiologist4,180 PAB
Clinical Molecular Geneticist3,370 PAB
Clinical Neuropsychologist4,300 PAB
Clinical Research Coordinator2,170 PAB
Clinical Scientist4,010 PAB
CME Specialist3,110 PAB
CT Technologist1,860 PAB
Cytogenetic Technologist2,970 PAB
Diagnostic Medical Sonographer2,270 PAB
Dispensing Optician1,870 PAB
Dosimetrist2,640 PAB
EKG Technician1,800 PAB
Endoscopic Assistant1,610 PAB
Endoscopy Technician1,720 PAB
Enterostomal Therapist2,680 PAB
Epidemiologist3,340 PAB
FGP Ultrasound Techncian1,680 PAB
Health Systems Specialist2,470 PAB
Health Technologist2,680 PAB
Healthcare Data Analyst2,020 PAB
Hearing Aid Specialist2,020 PAB
Histotechnologist2,680 PAB
Immunologist3,600 PAB
Industrial Hygienist2,740 PAB
Infection Control Coordinator1,940 PAB
Infection Control Practitioner4,070 PAB
Infection Preventionist3,130 PAB
Informatics Practice Specialist2,370 PAB
Interventional Radiographer3,140 PAB
Lab Assistant1,530 PAB
Laboratory Manager2,870 PAB
Laboratory Technician1,620 PAB
Low Vision Therapist3,350 PAB
Mammography Technician1,540 PAB
Medical Coder1,370 PAB
Medical Courier1,140 PAB
Medical Equipment Preparer1,660 PAB
Medical Forms Designer1,370 PAB
Medical Technologist1,730 PAB
MRI Technologist1,700 PAB
Music Therapist2,400 PAB
Neonatologist4,560 PAB
Neurodiagnostic Techncian1,650 PAB
Neuropsychology Testing Assistant1,470 PAB
Nuclear Medical Technician2,290 PAB
Nuclear Medicine Technolgoist2,180 PAB
Nutrition Assistant1,560 PAB
Occupaitional Therapy Assistant1,760 PAB
Operating Room Scheduler1,460 PAB
Operating Room Services Director4,850 PAB
Ophthalmic Assistant1,800 PAB
Ophthalmic Laboratory Technician1,740 PAB
Optician3,780 PAB
Orthopedic Technician1,750 PAB
Orthoptist4,690 PAB
Orthotist4,530 PAB
Pathology Assistant1,590 PAB
Perfusionist5,220 PAB
Phlebotomist1,230 PAB
Pre Authorization Case Manager2,410 PAB
Prosthetist3,960 PAB
Radiation Therapist5,940 PAB
Radiation Therapy Technologist2,240 PAB
Radiographer3,660 PAB
Radiography Technologist2,390 PAB
Radiologic Technologist2,370 PAB
Radiology Technologist2,420 PAB
Respiratory Care Practitioner4,340 PAB
Respiratory Therapist3,220 PAB
Respiratory Therapy Technician1,850 PAB
Sonographer2,210 PAB
Sonography Technologist2,270 PAB
Speech and Language Pathologist3,530 PAB
Ultrasonographer1,770 PAB
Ultrasound Technologist1,750 PAB
Vascular Technologist1,620 PAB
X-Ray Technologist2,390 PAB

Healthcare Technical Jobs Salary Distribution in Panama

Median and salary distribution monthly Panama Healthcare Technical
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The median, the maximum, the minimum, and the range

  • Salary Range

    Healthcare Technical salaries in Panama range from 1,130 PAB per month (minimum average salary) to 8,140 PAB per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 2,590 PAB per month, which means that half (50%) of people working in Healthcare Technical are earning less than 2,590 PAB while the other half are earning more than 2,590 PAB. 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 Healthcare Technical are earning less than 1,670 PAB while 75% of them are earning more than 1,670 PAB. Also from the diagram, 75% of people working in Healthcare Technical are earning less than 5,260 PAB while 25% are earning more than 5,260 PAB.


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.

Healthcare Technical Salary Comparison By Gender

Salary comparison by gender monthly Panama Healthcare Technical
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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 Panama who work in Healthcare Technical earn 11% more than their female counterparts on average.

Male
2,780 PAB
Female-10%
2,510 PAB
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Panama for all Careers

Salary comparison by gender monthly Panama
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Healthcare Technical Average Annual Salary Increment Percentage in Panama

How much are annual salary increments in Panama for Healthcare Technical professionals? How often do employees get salary raises?

Healthcare Technical

Healthcare Technical professionals in Panama are likely to observe a salary increase of approximately 8% every 20 months. The national average annual increment for all professions combined is 7% granted to employees every 19 months.

Annual Salary Increment Rate Panama Healthcare Technical
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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.

Panama / 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 Panama is 4%.

Annual Increment Rate By Industry 2020

Banking
5%
Energy
1%
Information Technology
6%
Healthcare
2%
Travel
7%
Construction
3%
Education
8%

Listed above are the average annual increase rates for each industry in Panama 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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Healthcare Technical Bonus and Incentive Rates in Panama

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Panama Healthcare Technical
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Healthcare Technical 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.

50% of surveyed staff in Healthcare Technical reported that they haven't received any bonuses or incentives in the previous year while 50% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.

Received Bonus
50%
No Bonus
50%

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.

Healthcare Technical Hourly Average Wage in Panama


15 PAB per hour

The average hourly wage (pay per hour) in Panama is 15 PAB. This means that the average person in Panama earns approximately 15 PAB 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.

Healthcare Technical VS Other Jobs

Salary Comparison Between Healthcare Technical and Health and Medical monthly Panama
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The average salary for Healthcare Technical is 17% less than that of Health and Medical. Also, Health and Medical salaries are 49% more than those 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 Panama earn 5% more than their private sector counterparts on average across all sectors.

Private Sector
2,060 PAB
Public Sector+5%
2,170 PAB
Percentage increase and decrease are relative to the previous value

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