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Electrical and Electronics Trades Average Salaries in Serbia 2023

How much money does a person working in Electrical and Electronics Trades make in Serbia?


Average Monthly Salary
89,200 RSD
( 1,070,000 RSD yearly)

LOW
35,500
RSD
AVERAGE
89,200
RSD
HIGH
188,000
RSD

A person working in Electrical and Electronics Trades in Serbia typically earns around 89,200 RSD per month. Salaries range from 35,500 RSD (lowest average) to 188,000 RSD (highest average, actual maximum salary is higher).

This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Electrical and Electronics Trades 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
Cable Installer and Locator36,900 RSD
Digital Design Engineer124,000 RSD
Electrical Designer113,000 RSD
Electrical Drafter60,100 RSD
Electrical Engineering Manager173,000 RSD
Electrical Planner92,600 RSD
Electrical Sales Engineer125,000 RSD
Electrical Service Technician42,000 RSD
Electrical Technician63,900 RSD
Electrical Worker47,900 RSD
Electrician66,200 RSD
Electromechanical Technician66,800 RSD
Electronic Engineer125,000 RSD
Electronics Instructor123,000 RSD
Electronics Technician64,900 RSD
Field Service Engineer125,000 RSD
Field Service Technician47,300 RSD
Hydroelectric Plant Technician57,000 RSD
Hydroelectric Production Manager162,000 RSD
Instrumentation Technician47,700 RSD
Journeyman Electrician54,700 RSD
Maintenance Electrician44,000 RSD
Mechatronics Technician65,000 RSD
Power Equipment Mechanic46,300 RSD
Power Line Technician42,400 RSD
Refrigeration and Airconditioning Mechanic63,600 RSD
Security Service Engineer127,000 RSD
Technical Manager171,000 RSD
Turbine Fitter36,800 RSD
Warehouse Attendant33,900 RSD
Warehouse Manager163,000 RSD
Watch Repairer45,200 RSD

Electrical and Electronics Trades Jobs Pay Scale and Salaries in Serbia

Median and salary distribution Serbia Electrical and Electronics Trades monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
94,400 RSD or more
10% of people earn
79,500 to 94,400 RSD
20% of people earn
46,700 RSD or less
65% of people earn
46,700 to 79,500 RSD
Minimum Salary
35,500 RSD
Median
79,500 RSD
Maximum
188,000 RSD


Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

  • Salary Range, Minimum Wage, and Starting Salary

    Electrical and Electronics Trades salaries in Serbia range from 35,500 RSD per month (starting average salary) to 188,000 RSD per month (maximum average salary, actual maximum is higher). This is not the minimum wage as per the law, only the lowest reported number in the salary survey that had thousands of participants and professionals from all over the country.

  • Median Salary

    The median salary is 79,500 RSD per month, which means that half (50%) of people working in Electrical and Electronics Trades are earning less than 79,500 RSD while the other half are earning more than 79,500 RSD. 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 and Salary Scale

    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 Electrical and Electronics Trades are earning less than 62,100 RSD while 75% of them are earning more than 62,100 RSD. Also from the diagram, 75% of people working in Electrical and Electronics Trades are earning less than 97,000 RSD while 25% are earning more than 97,000 RSD.

  • Pay Scale Structure

    We grouped the most common and recurring salaries into brackets to give more insight into what salary to expect. This method is more accurate than just the average salary and gives more insights on how salaries are actually distributed. Around 65% of all reported figures are in the range 46,700 RSD to 79,500 RSD. Approximatly 20% fall under the 46,700 RSD cap. Ten percent of wages are from 79,500 RSD to 94,400 RSD. Only 5% of people grossed 94,400 RSD or more.

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 Serbia costs anywhere from 701,000 Serbian Dinar(s) to 2,100,000 Serbian Dinar(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.

Salary and Compensation Comparison By Gender - Electrical and Electronics Trades

Salary comparison by gender Serbia Electrical and Electronics Trades monthly
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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 Serbia who work in Electrical and Electronics Trades earn 5% more than their female counterparts on average.

Male
91,700 RSD
Female-5%
87,000 RSD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Serbia for all Careers

Salary comparison by gender monthly Serbia
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Electrical and Electronics Trades Average Annual Salary Increment Percentage in Serbia

How much are annual salary increments in Serbia for Electrical and Electronics Trades professionals? How often do employees get salary raises?

Electrical and Electronics Trades

Electrical and Electronics Trades professionals in Serbia are likely to observe a salary increase of approximately 6% every 21 months. The national average annual increment for all professions combined is 7% granted to employees every 20 months.

Annual Salary Increment Rate Serbia Electrical and Electronics Trades
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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.

Serbia / All Professions

Annual Salary Increment Rate Serbia
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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 Serbia is 4%.

Annual Increment Rate By Industry 2022

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Listed above are the average annual increase rates for each industry in Serbia for the year 2022. 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

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.

Electrical and Electronics Trades Bonus and Incentive Rates in Serbia

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Serbia Electrical and Electronics Trades
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Electrical and Electronics Trades is considered to be a low bonus-based field. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

78% of surveyed staff in Electrical and Electronics Trades reported that they haven't received any bonuses or incentives in the previous year while 22% 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
22%
No Bonus
78%

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.

Electrical and Electronics Trades Salary Forecast and Trend in Serbia

How do Electrical and Electronics Trades salaries change over time? Listed below is a chart that shows the average salary in recent years.

Average Salary 2019
79,200 RSD
Average Salary 2020+4%
82,100 RSD
Average Salary 2021+2%
83,600 RSD
Average Salary 2022+3%
86,000 RSD
Percentage increase and decrease are relative to the previous value

Electrical and Electronics Trades salaries in Serbia are rising in the year 2023 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2022 are 3% higher than those of 2021. The trend suggests a slow yet continuous increase in pay in 2024 and future years. These numbers may vary from industry to another.

Salary trends and forecast monthly Serbia Electrical and Electronics Trades
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Electrical and Electronics Trades Hourly Average Wage in Serbia


510 RSD per hour

The average hourly wage (pay per hour) in Serbia is 510 RSD. This means that the average person in Serbia earns approximately 510 RSD for every worked hour.


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

About The Hourly Pay Rate

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.

What is the minimum hourly rate of pay?

This minimum pay rate per hour for a person in Serbia is 200 RSD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Electrical and Electronics Trades VS Other Jobs

89,200 RSD
140,000 RSD
Average Salary
Electrical and Electronics Trades
Average Salary
All Jobs

The average salary for Electrical and Electronics Trades is 36% less than that of All Jobs.

Salary Comparison Between Electrical and Electronics Trades and Electrical and Electronics Trades monthly Serbia
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Salary Comparison By City

CityAverage Salary
Belgrade97,100 RSD
Novi Sad92,800 RSD

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 Serbia earn 14% more than their private sector counterparts on average across all sectors.

Private Sector
131,000 RSD
Public Sector+14%
150,000 RSD
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for Electrical and Electronics Trades in Serbia?

A good and competitive compensation would range anywhere between 79,500 RSD and 97,000 RSD. This is a very rough estimate and your experience and education will play a very huge part into your final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salart after tax for every career.

Base / Basic Salary

The base salary for Electrical and Electronics Trades in Serbia is ranges from 62,100 RSD to 97,000 RSD. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range in a grain of salt.


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


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