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Frame and Truss Detailer Average Salary in Panama 2020

How much money does a Frame and Truss Detailer make in Panama?


Average Monthly Salary
600 PAB
( 7,170 PAB yearly)

LOW
300
PAB
AVERAGE
600
PAB
HIGH
930
PAB

A person working as a Frame and Truss Detailer in Panama typically earns around 600 PAB per month. Salaries range from 300 PAB (lowest) to 930 PAB (highest).

This is the average monthly salary including housing, transport, and other benefits. Frame and Truss Detailer salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Frame and Truss Detailer Salary Distribution in Panama

Median and salary distribution monthly Panama Frame and Truss Detailer
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The median, the maximum, the minimum, and the range

  • Salary Range

    Frame and Truss Detailer salaries in Panama range from 300 PAB per month (minimum salary) to 930 PAB per month (maximum salary).

  • Median Salary

    The median salary is 600 PAB per month, which means that half (50%) of people working as Frame and Truss Detailer(s) are earning less than 600 PAB while the other half are earning more than 600 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 Frame and Truss Detailer(s) are earning less than 400 PAB while 75% of them are earning more than 400 PAB. Also from the diagram, 75% of Frame and Truss Detailer(s) are earning less than 760 PAB while 25% are earning more than 760 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

Frame and Truss Detailer Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Panama Frame and Truss Detailer
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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 Frame and Truss Detailer salaries by experience level and this is what we found.

A Frame and Truss Detailer with less than two years of experience makes approximately 360 PAB per month.

While someone with an experience level between two and five years is expected to earn 480 PAB per month, 32% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 630 PAB per month, 33% more than someone with two to five years of experience.

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.

Additionally, Frame and Truss Detailer(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 760 PAB per month, 19% 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 820 PAB per month, 8% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 880 PAB per month, 7% more than people with fifteen to twenty years of experience.


Frame and Truss Detailer average salary change by experience in Panama

0 - 2 Years
360 PAB
2 - 5 Years+32%
480 PAB
5 - 10 Years+33%
630 PAB
10 - 15 Years+19%
760 PAB
15 - 20 Years+8%
820 PAB
20+ Years+7%
880 PAB
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Frame and Truss Detailer Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Frame and Truss Detailer(s) who have the same experience but different education levels.

Salary comparison by education level monthly Panama Frame and Truss Detailer
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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 Frame and Truss Detailer salaries by education level in order to make a comparison.

When the education level is High School, the average salary of a Frame and Truss Detailer is 480 PAB per month.

While someone with a Certificate or Diploma gets a salary of 660 PAB per month, 40% more than someone having a High School degree.

A Bachelor's Degree gets its holder an average salary of 830 PAB per month, 25% more than someone with a Certificate or Diploma.


Frame and Truss Detailer average salary difference by education level in Panama

High School
480 PAB
Certificate or Diploma+40%
660 PAB
Bachelor's Degree+25%
830 PAB
Percentage increase and decrease are relative to the previous value

Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Frame and Truss Detailer Salary Comparison By Gender

Salary comparison by gender monthly Panama Frame and Truss Detailer
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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 Frame and Truss Detailer employees in Panama earn 5% more than their female counterparts on average.

Male
610 PAB
Female-5%
580 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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Frame and Truss Detailer Average Annual Salary Increment Percentage in Panama

How much are annual salary increments in Panama for Frame and Truss Detailer(s)? How often do employees get salary raises?

Frame and Truss Detailer

Frame and Truss Detailer(s) in Panama are likely to observe a salary increase of approximately 7% 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 Frame and Truss Detailer
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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 2019

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 2019. 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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Frame and Truss Detailer Bonus and Incentive Rates in Panama

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Panama Frame and Truss Detailer
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A Frame and Truss Detailer 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.

73% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 27% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 0% to 3% of their annual salary.

Received Bonus
27%
No Bonus
73%

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.

Frame and Truss Detailer Average Hourly Wage in Panama


3 PAB per hour

The average hourly wage (pay per hour) in Panama is 3 PAB. This means that the average Frame and Truss Detailer in Panama earns approximately 3 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.

Frame and Truss Detailer VS Other Jobs

Salary Comparison Between Frame and Truss Detailer and Construction / Building / Installation monthly Panama
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The average salary for Frame and Truss Detailer is 52% less than that of Construction / Building / Installation. Also, Construction / Building / Installation salaries are 41% less than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Adjudicator770 PAB+29%
Assembler630 PAB+5%
Boat Builder and Shipwright980 PAB+64%
Bricklayer540 PAB-10%
Building Administrator850 PAB+42%
Building Contracts Manager3,070 PAB+410%
Building Inspector830 PAB+39%
Building Monitor680 PAB+14%
Building Sales Manager2,780 PAB+360%
Cabinetmaker700 PAB+17%
Carpenter750 PAB+25%
Civil Engineer2,000 PAB+230%
Civil Technician1,010 PAB+69%
Concreter610 PAB+2%
Construction and Maintenance Manager1,490 PAB+150%
Construction Assistant750 PAB+25%
Construction Coordinator1,160 PAB+94%
Construction Estimator1,250 PAB+110%
Construction Field Engineer1,660 PAB+180%
Construction General Manager3,630 PAB+510%
Construction Inventory Officer690 PAB+15%
Construction Operations Manager3,150 PAB+430%
Construction Project Coordinator1,950 PAB+230%
Construction Project Engineer2,040 PAB+240%
Construction Project Manager3,450 PAB+480%
Construction Project Planner1,820 PAB+200%
Construction Quality Control Manager2,580 PAB+330%
Construction Safety Officer1,190 PAB+99%
Construction Superintendent1,230 PAB+110%
Construction Supervisor1,870 PAB+210%
Construction Technical Assistant690 PAB+15%
Construction Technical Officer820 PAB+37%
Construction Technical Writer750 PAB+25%
Construction Technician680 PAB+14%
Crane and Tower Operator660 PAB+10%
Diesel Mechanic630 PAB+5%
Drywall Installer730 PAB+22%
Electrical Draftsman690 PAB+15%
Electrical Engineering Supervisor2,120 PAB+250%
Electrical Engineering Technician830 PAB+39%
Electrician1,050 PAB+76%
Elevator Installer and Repairer870 PAB+45%
Engineer1,970 PAB+230%
Excavator Operator680 PAB+14%
Floor Finisher780 PAB+30%
Floor Manager1,090 PAB+82%
Foreman560 PAB-6%
Frame and Truss Detailer600 PAB+0%
Furniture Finisher640 PAB+7%
Gas Technician 650 PAB+9%
Handyman600 PAB+0%
Health and Safety Coordinator800 PAB+34%
Health and Safety Officer960 PAB+61%
Installation Manager2,360 PAB+290%
Installer560 PAB-6%
Insulation Installer640 PAB+7%
Labourer540 PAB-10%
Land Surveyor880 PAB+47%
Lift Technician650 PAB+9%
Material Tester970 PAB+62%
Model Maker980 PAB+64%
Order Picker620 PAB+4%
Painter620 PAB+4%
Pipe Layer570 PAB-5%
Pipefitter550 PAB-8%
Plumber700 PAB+17%
Property Coordinator1,620 PAB+170%
Purchasing Manager2,280 PAB+280%
Quantity Surveyor1,300 PAB+120%
Roof Slater and Tiler600 PAB+0%
Sheet Metal Mechanic640 PAB+7%
Site Clerk670 PAB+12%
Site engineer1,790 PAB+200%
Site Leader3,090 PAB+420%
Stock Controller999 PAB+67%
Structural Steel Construction Worker720 PAB+20%
Technical Draughtsman730 PAB+22%
Tendering Manager2,680 PAB+350%
Tower Crane Operator680 PAB+14%
Wall and Floor Tiler610 PAB+2%
Warehouse Manager2,280 PAB+280%
Welder570 PAB-5%
Welding Superintendent750 PAB+25%

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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