HOME BROWSE SALARIES ARTICLES BEST PAYING JOBS SUBMIT SALARY
Browse Salaries
Best Paying Jobs
Articles
Submit Salary
Salary Increase Letters

Medical Records Transcriptionist Average Salary in Sri Lanka 2024

How much money does a person working as Medical Records Transcriptionist make in Sri Lanka?


Average Monthly Salary
46,200 LKR
( 555,000 LKR yearly)

LOW
24,000
LKR
AVERAGE
46,200
LKR
HIGH
70,800
LKR
All salary figures displayed here are per month except when noted otherwise.
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 salary after tax for every career.

A person working as Medical Records Transcriptionist in Sri Lanka typically earns around 46,200 LKR. Salaries range from 24,000 LKR (lowest) to 70,800 LKR (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Medical Records Transcriptionist salaries in Sri Lanka vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Medical Records Transcriptionist Pay Scale and Salaries in Sri Lanka

Median and salary distribution Sri Lanka Medical Records Transcriptionist monthly
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/sri-lanka/health-and-medical/healthcare-management/medical-records-transcriptionist/median-and-salary-distribution-monthly-sri-lanka-medical-records-transcriptionist.jpg

Salary Structure and Pay Scale Comparison

5% of people earn
41,900 LKR or more
10% of people earn
37,300 to 41,900 LKR
20% of people earn
27,200 LKR or less
65% of people earn
27,200 to 37,300 LKR
Minimum Salary
24,000 LKR
Median
42,100 LKR
Maximum
70,800 LKR




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

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Medical Records Transcriptionist in Sri Lanka range from 24,000 LKR (starting salary) to 70,800 LKR (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 42,100 LKR, half of the professionals who work as Medical Records Transcriptionist in Sri Lanka earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Medical Records Transcriptionist in Sri Lanka earn less than 34,900 LKR, while 75% earn more. Similarly, the chart shows that 75% earn less than 47,700 LKR while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Medical Records Transcriptionist in Sri Lanka compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 27,200 LKR to 37,300 LKR. About 20% of salaries are below the 27,200 LKR mark, while 10% fall within the range of 37,300 LKR to 41,900 LKR. Only 5% of individuals have salaries exceeding 41,900 LKR.

Salary Comparison by Years of Experience / Medical Records Transcriptionist / Sri Lanka

How do experience and age affect pay?

0 - 2 Years
27,300 LKR
2 - 5 Years+34%
36,700 LKR
5 - 10 Years+30%
47,600 LKR
10 - 15 Years+21%
57,700 LKR
15 - 20 Years+9%
63,000 LKR
20+ Years+5%
66,300 LKR
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Sri Lanka Medical Records Transcriptionist
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/sri-lanka/health-and-medical/healthcare-management/medical-records-transcriptionist/salary-comparison-by-years-of-experience-monthly-sri-lanka-medical-records-transcriptionist.jpg

The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Medical Records Transcriptionist and this is what we found.


All salary figures displayed here are per month except when noted otherwise.

Employees with less than two years of experience earn approximately 27,300 LKR.

While someone with an experience level between two and five years is expected to earn 36,700 LKR, 34% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 47,600 LKR, 30% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 57,700 LKR, 21% 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 63,000 LKR, 9% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 66,300 LKR, 5% more than people with fifteen to twenty 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.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg

Salary Comparison By Education / Medical Records Transcriptionist / Sri Lanka

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Medical Records Transcriptionist.

Certificate or Diploma
34,300 LKR
Bachelor's Degree+80%
61,900 LKR
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Sri Lanka Medical Records Transcriptionist
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/sri-lanka/health-and-medical/healthcare-management/medical-records-transcriptionist/salary-comparison-by-education-level-monthly-sri-lanka-medical-records-transcriptionist.jpg

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 salaries by education level for the position Medical Records Transcriptionist in order to make a comparison.


Level 1: Certificate or Diploma

Employees at this education level have an average salary of 34,300 LKR.


Level 2: Bachelor's Degree

At this level, the average salary becomes 61,900 LKR, 80% more than the previous level.



Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg


Salary and Compensation Comparison By Gender / Medical Records Transcriptionist / Sri Lanka

Salary comparison by gender Sri Lanka Medical Records Transcriptionist monthly
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/sri-lanka/health-and-medical/healthcare-management/medical-records-transcriptionist/salary-comparison-by-gender-monthly-sri-lanka-medical-records-transcriptionist.jpg

Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Medical Records Transcriptionist in Sri Lanka, the average difference between the salary of male and female employees is 9%.

Male
44,400 LKR
Female+10%
48,900 LKR
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Sri Lanka for all Careers

Salary comparison by gender monthly Sri Lanka
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/sri-lanka/salary-comparison-by-gender-monthly-sri-lanka.jpg


Average Annual Salary Increment Percentage / Medical Records Transcriptionist / Sri Lanka

How much are annual salary increments in Sri Lanka for individuals working as Medical Records Transcriptionist? How often do employees get salary raises?

Individuals working as Medical Records Transcriptionist in Sri Lanka are likely to observe a salary increase of approximately 12% every 15 months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.

Annual Salary Increment Rate Sri Lanka Medical Records Transcriptionist
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/sri-lanka/health-and-medical/healthcare-management/medical-records-transcriptionist/annual-salary-increment-rate-sri-lanka-medical-records-transcriptionist.jpg


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.

Sri Lanka / All Professions

Annual Salary Increment Rate Sri Lanka
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/sri-lanka/annual-salary-increment-rate-sri-lanka.jpg

The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare 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 Sri Lanka is 6%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-increment-world.jpg

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.



Bonus and Incentive Rates / Medical Records Transcriptionist / Sri Lanka

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Sri Lanka Medical Records Transcriptionist
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/sri-lanka/health-and-medical/healthcare-management/medical-records-transcriptionist/annual-salary-bonus-rate-sri-lanka-medical-records-transcriptionist.jpg

75% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 25% 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
25%
No Bonus
75%

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.

Average Hourly Wage / Medical Records Transcriptionist / Sri Lanka


270 LKR per hour

The average hourly wage (pay per hour) for individuals working as Medical Records Transcriptionist in Sri Lanka is 270 LKR.This is the rate they get paid 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 fixed 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?

The minimum pay rate per hour for people working as Medical Records Transcriptionist in Sri Lanka is 140 LKR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Health and Medical-100%
Administrative Director159,000 LKR+240%
Admitting Clerk30,600 LKR-34%
Admitting Manager90,800 LKR+96%
Admitting Representative44,400 LKR-4%
Breast Center Manager288,000 LKR+520%
Cardiology Manager290,000 LKR+530%
Care Coordinator43,000 LKR-7%
Certified Medical Assistant53,200 LKR+15%
Chief Clinical Transformation Officer150,000 LKR+220%
Chief Genomics Officer221,000 LKR+380%
Chief Mental Health Officer284,000 LKR+510%
Chief Neurotechnology Officer295,000 LKR+540%
Chief of Psychology282,000 LKR+510%
Chief Population Health Officer228,000 LKR+390%
Clinical Director250,000 LKR+440%
Clinical Policy Developer80,100 LKR+73%
Coding Practice Manager105,000 LKR+130%
Community Organizer45,800 LKR-1%
Community Relations Manager94,700 LKR+100%
Credentialing Analyst74,400 LKR+61%
Data Coordinator43,100 LKR-7%
Director of Medical Staff Services176,000 LKR+280%
Discharge Coordinator39,900 LKR-14%
Emergency Management Director230,000 LKR+400%
Emergency Services Director239,000 LKR+420%
ER Registration Supervisor59,800 LKR+29%
Food Services Director115,000 LKR+150%
Health Compliance Director217,000 LKR+370%
Health Compliance Manager139,000 LKR+200%
Health Data Privacy Officer114,000 LKR+150%
Health Economist226,000 LKR+390%
Health Information Management Specialist85,200 LKR+84%
Health Information Manager118,000 LKR+160%
Health Services Manager196,000 LKR+320%
Health Technology Consultant104,000 LKR+120%
Healthcare Analytics Manager118,000 LKR+160%
HealthTech Regulatory Consultant91,400 LKR+98%
Home Health Scheduler52,300 LKR+13%
Intake Coordinator46,000 LKR-1%
Lead Patient Account Representative82,100 LKR+78%
Managed Care Assistant48,100 LKR+4%
Maternity Services Director210,000 LKR+350%
Medical Administrator102,000 LKR+120%
Medical Assistant49,300 LKR+7%
Medical Billing Clerk39,600 LKR-14%
Medical Billing Specialist81,400 LKR+76%
Medical Director202,000 LKR+340%
Medical Equipment Maintenance Manager89,400 LKR+93%
Medical Insurance Manager149,000 LKR+220%
Medical Office Administrator81,800 LKR+77%
Medical Office Manager157,000 LKR+240%
Medical Policy Manager138,000 LKR+200%
Medical Policy Specialist84,600 LKR+83%
Medical Project Coordinator57,000 LKR+23%
Medical Records Administrator63,000 LKR+36%
Medical Records Clerk27,900 LKR-40%
Medical Records Coding Manager104,000 LKR+120%
Medical Records Director121,000 LKR+160%
Medical Records Specialist58,700 LKR+27%
Medical Records Transcriptionist46,200 LKR-0%
Medical Secretary48,500 LKR+5%
Medical Staff Services Specialist93,900 LKR+100%
Patient Account Represenatative69,000 LKR+49%
Population Health Manager149,000 LKR+220%
Practice Manager186,000 LKR+300%
Program Coordinator44,200 LKR-4%
Project Manager107,000 LKR+130%
Quality Assurance Manager132,000 LKR+190%
Radiology Manager236,000 LKR+410%
Registered Medical Assistant48,300 LKR+4%
Rehabilitation Director214,000 LKR+360%
Rehabilitation Services Manager239,000 LKR+420%
Treatment Services Director255,000 LKR+450%
Ward Manager138,000 LKR+200%

Salary Comparison By City

CityAverage Salary
Colombo51,200 LKR

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Sri Lanka is 8% on average across all career fields.

Private Sector
86,300 LKR
Public Sector+8%
92,900 LKR
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 the job title Medical Records Transcriptionist in Sri Lanka?

A good and competitive compensation would range anywhere between 42,100 LKR and 47,700 LKR. This is a very rough estimate. Experience and education play a very huge part in the 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 salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Medical Records Transcriptionist in Sri Lanka ranges from 24,000 LKR to 34,900 LKR. 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 with 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 the average and the median then you are doing very well. If your salary is lower than both, then many people earn 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


Browse Salaries

Salary Increase Letters

Best Paying Jobs
Home BROWSE SALARIES ARTICLES BEST PAYING JOBS Salary Comparison

©Salary Explorer 2024