Laboratory Technician Average Salary in Aland Islands 2021
How much money does a Laboratory Technician make in Aland Islands?
LOW
1,340
EUR AVERAGE
2,850
EUR HIGH
4,500
EUR
A person working as a Laboratory Technician in Aland Islands typically earns around 2,850 EUR per month. Salaries range from 1,340 EUR (lowest) to 4,500 EUR (highest).
This is the average monthly salary including housing, transport, and other benefits. Laboratory Technician salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Laboratory Technician Salary Distribution in Aland Islands
The median, the maximum, the minimum, and the range
Salary Range
Laboratory Technician salaries in Aland Islands range from 1,340 EUR per month (minimum salary) to 4,500 EUR per month (maximum salary).
Median Salary
The median salary is 3,020 EUR per month, which means that half (50%) of people working as Laboratory Technician(s) are earning less than 3,020 EUR while the other half are earning more than 3,020 EUR. 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 Laboratory Technician(s) are earning less than 1,960 EUR while 75% of them are earning more than 1,960 EUR. Also from the diagram, 75% of Laboratory Technician(s) are earning less than 3,990 EUR while 25% are earning more than 3,990 EUR.
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
Laboratory Technician Salary Comparison by Years of Experience
How does experience and age affect your pay?
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 Laboratory Technician salaries by experience level and this is what we found.
A Laboratory Technician with less than two years of experience makes approximately 1,540 EUR per month.
While someone with an experience level between two and five years is expected to earn 2,130 EUR per month, 38% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 3,030 EUR per month, 42% more than someone with two to five years of experience.
Additionally, Laboratory Technician(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 3,690 EUR per month, 22% 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 3,900 EUR per month, 6% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 4,250 EUR per month, 9% more than people with fifteen to twenty years of experience.
Laboratory Technician average salary change by experience in Aland Islands
| 0 - 2 Years | 1,540 EUR | |
| 2 - 5 Years | +38% | 2,130 EUR |
| 5 - 10 Years | +42% | 3,030 EUR |
| 10 - 15 Years | +22% | 3,690 EUR |
| 15 - 20 Years | +6% | 3,900 EUR |
| 20+ Years | +9% | 4,250 EUR |
Typical Salary Progress for Most Careers
Laboratory Technician Salary Comparison By Education
How do education levels affect salaries?
Displayed below is the average salary difference between different Laboratory Technician(s) who have the same experience but different education levels.
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 Laboratory Technician salaries by education level in order to make a comparison.
When the education level is Bachelor's Degree, the average salary of a Laboratory Technician is 2,130 EUR per month.
While someone with a Master's Degree gets a salary of 3,900 EUR per month, 83% more than someone having a Bachelor's Degree degree.
Laboratory Technician average salary difference by education level in Aland Islands
| Bachelor's Degree | 2,130 EUR | |
| Master's Degree | +83% | 3,900 EUR |
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 Aland Islands costs anywhere from 18,200 Euro(s) to 54,600 Euro(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 the thoery. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Typical Salary Difference by Education for Most Careers
Laboratory Technician Salary Comparison By Gender
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Laboratory Technician employees in Aland Islands earn 14% more than their female counterparts on average.
| Male | 3,050 EUR | |
| Female | -12% | 2,680 EUR |
Salary Comparison By Gender in Aland Islands for all Careers
Laboratory Technician Average Annual Salary Increment Percentage in Aland Islands
How much are annual salary increments in Aland Islands for Laboratory Technician(s)? How often do employees get salary raises?
Laboratory Technician
Laboratory Technician(s) in Aland Islands are likely to observe a salary increase of approximately 6% every 28 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.
Aland Islands / 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
Annual Increment Rate By Industry 2020
| Banking | 2% | |
| Energy | 4% | |
| Information Technology | 6% | |
| Healthcare | 8% | |
| Travel | 1% | |
| Construction | 3% | |
| Education | 5% |
Listed above are the average annual increase rates for each industry in Aland Islands 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
Laboratory Technician Bonus and Incentive Rates in Aland Islands
How much and how often are bonuses being awarded?
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A Laboratory Technician 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.
85% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 15% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 0% to 4% of their annual salary.
| Received Bonus | 15% | |
| No Bonus | 85% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese 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 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. |
Example: | Example: |
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.
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.
Laboratory Technician Average Hourly Wage in Aland Islands
16 EUR per hourThe average hourly wage (pay per hour) in Aland Islands is 16 EUR. This means that the average Laboratory Technician in Aland Islands earns approximately 16 EUR for every worked hour.
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.
Laboratory Technician VS Other Jobs
The average salary for Laboratory Technician is 37% less than that of Healthcare Technical. Also, Healthcare Technical salaries are 17% less than those of Health and Medical.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Academic Clinician | 7,350 EUR |  +160% |
| Admitting Officer | 2,890 EUR | +1% |
| Ambulance Dispatcher | 2,900 EUR | +2% |
| Ambulance Driver | 2,660 EUR |  -7% |
| Ambulance Officer and Paramedic | 3,010 EUR | +6% |
| Ambulatory Services Director | 5,570 EUR | +96% |
| Anatomic Pathology Supervisor | 6,880 EUR | +140% |
| Anesthesia Technician | 4,020 EUR | +41% |
| Anesthesiologist | 12,000 EUR | +320% |
| Anesthesiology Assistant | 4,160 EUR | +46% |
| Assistant Optometrist | 3,380 EUR | +19% |
| Audiologist | 7,110 EUR | +150% |
| Biomedical Engineering Director | 5,150 EUR | +81% |
| Biomedical Engineering Technician | 2,710 EUR | -5% |
| Cardiac Technician | 2,620 EUR | -8% |
| Cardiovascular Specialist | 14,400 EUR | +410% |
| Cardiovascular Technologist | 5,460 EUR | +92% |
| Central Sterile Processing Technician | 3,180 EUR | +12% |
| Charge Entry Specialist | 3,530 EUR | +24% |
| Clinical Application Specialist | 3,340 EUR | +17% |
| Clinical Biochemist | 6,640 EUR | +130% |
| Clinical Cytogeneticist | 5,670 EUR | +99% |
| Clinical Data Reviewer | 3,350 EUR | +18% |
| Clinical Development Specialist | 4,190 EUR | +47% |
| Clinical Field Associate | 3,370 EUR | +18% |
| Clinical Genetic Technologist | 5,330 EUR | +87% |
| Clinical Microbiologist | 7,480 EUR | +160% |
| Clinical Molecular Geneticist | 6,250 EUR | +120% |
| Clinical Neuropsychologist | 7,500 EUR | +160% |
| Clinical Research Coordinator | 4,170 EUR | +46% |
| Clinical Scientist | 7,680 EUR | +170% |
| CME Specialist | 5,850 EUR | +110% |
| CT Technologist | 3,460 EUR | +21% |
| Cytogenetic Technologist | 5,180 EUR | +82% |
| Diagnostic Medical Sonographer | 4,310 EUR | +51% |
| Dispensing Optician | 3,300 EUR | +16% |
| Dosimetrist | 4,910 EUR | +72% |
| EKG Technician | 3,310 EUR | +16% |
| Endoscopic Assistant | 3,050 EUR | +7% |
| Endoscopy Technician | 3,000 EUR | +5% |
| Enterostomal Therapist | 4,850 EUR | +70% |
| Epidemiologist | 6,240 EUR | +120% |
| FGP Ultrasound Techncian | 3,200 EUR | +12% |
| Health Systems Specialist | 4,330 EUR | +52% |
| Health Technologist | 4,860 EUR | +71% |
| Healthcare Data Analyst | 3,600 EUR | +26% |
| Hearing Aid Specialist | 3,810 EUR | +34% |
| Histotechnologist | 4,670 EUR | +64% |
| Immunologist | 6,940 EUR | +140% |
| Industrial Hygienist | 4,810 EUR | +69% |
| Infection Control Coordinator | 3,520 EUR | +24% |
| Infection Control Practitioner | 7,980 EUR | +180% |
| Infection Preventionist | 5,740 EUR | +100% |
| Informatics Practice Specialist | 4,370 EUR | +53% |
| Interventional Radiographer | 6,170 EUR | +120% |
| Lab Assistant | 2,780 EUR | -2% |
| Laboratory Manager | 5,400 EUR | +90% |
| Laboratory Technician | 2,850 EUR | +0% |
| Low Vision Therapist | 6,170 EUR | +120% |
| Mammography Technician | 2,910 EUR | +2% |
| Medical Coder | 2,680 EUR | -6% |
| Medical Courier | 2,100 EUR | -26% |
| Medical Equipment Preparer | 2,930 EUR | +3% |
| Medical Forms Designer | 2,360 EUR | -17% |
| Medical Technologist | 3,130 EUR | +10% |
| MRI Technologist | 3,010 EUR | +6% |
| Music Therapist | 4,470 EUR | +57% |
| Neonatologist | 8,320 EUR | +190% |
| Neurodiagnostic Techncian | 3,110 EUR | +9% |
| Neuropsychology Testing Assistant | 2,790 EUR | -2% |
| Nuclear Medical Technician | 4,190 EUR | +47% |
| Nuclear Medicine Technolgoist | 4,320 EUR | +52% |
| Nutrition Assistant | 2,810 EUR | -1% |
| Occupaitional Therapy Assistant | 3,000 EUR | +5% |
| Operating Room Scheduler | 2,780 EUR | -2% |
| Operating Room Services Director | 8,650 EUR | +200% |
| Ophthalmic Assistant | 3,100 EUR | +9% |
| Ophthalmic Laboratory Technician | 3,110 EUR | +9% |
| Optician | 6,730 EUR | +140% |
| Orthopedic Technician | 3,220 EUR | +13% |
| Orthoptist | 8,510 EUR | +200% |
| Orthotist | 8,530 EUR | +200% |
| Pathology Assistant | 3,040 EUR | +7% |
| Perfusionist | 9,570 EUR | +240% |
| Phlebotomist | 2,240 EUR | -21% |
| Pre Authorization Case Manager | 4,240 EUR | +49% |
| Prosthetist | 7,020 EUR | +150% |
| Radiation Therapist | 10,600 EUR | +270% |
| Radiation Therapy Technologist | 4,380 EUR | +54% |
| Radiographer | 6,990 EUR | +150% |
| Radiography Technologist | 4,390 EUR | +54% |
| Radiologic Technologist | 4,110 EUR | +44% |
| Radiology Technologist | 4,300 EUR | +51% |
| Respiratory Care Practitioner | 7,610 EUR | +170% |
| Respiratory Therapist | 5,870 EUR | +110% |
| Respiratory Therapy Technician | 3,360 EUR | +18% |
| Sonographer | 4,100 EUR | +44% |
| Sonography Technologist | 4,310 EUR | +51% |
| Speech and Language Pathologist | 6,540 EUR | +130% |
| Ultrasonographer | 3,280 EUR | +15% |
| Ultrasound Technologist | 3,350 EUR | +18% |
| Vascular Technologist | 3,100 EUR | +9% |
| X-Ray Technologist | 4,340 EUR | +52% |
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 Aland Islands earn 18% more than their private sector counterparts on average across all sectors.
| Private Sector | 3,270 EUR | |
| Public Sector | +18% | 3,860 EUR |
