Agricultural Engineer Average Salary in Suriname 2023
How much money does a person working as Agricultural Engineer make in Suriname?
LOW
2,460
SRD AVERAGE
4,560
SRD HIGH
6,890
SRD
A person working as Agricultural Engineer in Suriname typically earns around 4,560 SRD per month. Salaries range from 2,460 SRD (lowest) to 6,890 SRD (highest).
This is the average monthly salary including housing, transport, and other benefits. Agricultural Engineer salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Agricultural Engineer Pay Scale and Salaries in Suriname
Salary Structure and Pay Scale Comparison
4,060 SRD or more
3,640 to 4,060 SRD
2,700 SRD or less
2,700 to 3,640 SRD
 2,460 SRD |
4,080 SRD |
6,890 SRD |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Agricultural Engineer salaries in Suriname range from 2,460 SRD per month (starting salary) to 6,890 SRD per month (maximum salary). 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 4,080 SRD per month, which means that half (50%) of people working as Agricultural Engineer(s) are earning less than 4,080 SRD while the other half are earning more than 4,080 SRD. 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 Agricultural Engineer(s) are earning less than 3,410 SRD while 75% of them are earning more than 3,410 SRD. Also from the diagram, 75% of Agricultural Engineer(s) are earning less than 4,600 SRD while 25% are earning more than 4,600 SRD.
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 2,700 SRD to 3,640 SRD. Approximatly 20% fall under the 2,700 SRD cap. Ten percent of wages are from 3,640 SRD to 4,060 SRD. Only 5% of people grossed 4,060 SRD or more.
Agricultural Engineer Salary Comparison by Years of Experience
How does experience and age affect your pay?
Agricultural Engineer average salary change by experience in Suriname
| 0 - 2 Years | 2,860 SRD | |
| 2 - 5 Years | +26% | 3,610 SRD |
| 5 - 10 Years | +32% | 4,760 SRD |
| 10 - 15 Years | +18% | 5,600 SRD |
| 15 - 20 Years | +11% | 6,200 SRD |
| 20+ Years | +6% | 6,600 SRD |
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 Agricultural Engineer salaries by experience level and this is what we found.
Employees with less than two years of experience makes approximately 2,860 SRD per month.
While someone with an experience level between two and five years is expected to earn 3,610 SRD per month, 26% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 4,760 SRD per month, 32% more than someone with two to five years of experience.
Additionally, Agricultural Engineer whose expertise span anywhere between ten and fifteen years get a salary equivalent to 5,600 SRD per month, 18% 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 6,200 SRD per month, 11% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 6,600 SRD per month, 6% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Agricultural Engineer Salary Comparison By Education
How do education levels affect salaries?
Displayed below is the average salary difference between different Agricultural Engineer(s) who have the same experience but different education levels.
Agricultural Engineer average salary difference by education level in Suriname
| Bachelor's Degree | 3,700 SRD | |
| Master's Degree | +53% | 5,650 SRD |
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 Agricultural Engineer salaries by education level in order to make a comparison.
When the education level is Bachelor's Degree, the average salary is 3,700 SRD per month.
While someone with a Master's Degree gets a salary of 5,650 SRD per month, 53% more than someone having a Bachelor's Degree degree.
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 Suriname costs anywhere from 25,700 Surinam Dollar(s) to 77,100 Surinam Dollar(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
Salary and Compensation Comparison By Gender - Agricultural Engineer
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Agricultural Engineer employees in Suriname earn 7% more than their female counterparts on average.
| Male | 4,690 SRD | |
| Female | -6% | 4,400 SRD |
Salary Comparison By Gender in Suriname for all Careers
Agricultural Engineer Average Annual Salary Increment Percentage in Suriname
How much are annual salary increments in Suriname for Agricultural Engineer(s)? How often do employees get salary raises?
Agricultural Engineer
Agricultural Engineer(s) in Suriname are likely to observe a salary increase of approximately 5% every 31 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.
Suriname / 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 2022
| Banking | 8% | |
| Energy | 7% | |
| Information Technology | 6% | |
| Healthcare | 5% | |
| Travel | 4% | |
| Construction | 3% | |
| Education | 2% |
Listed above are the average annual increase rates for each industry in Suriname 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
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.
Agricultural Engineer Bonus and Incentive Rates in Suriname
How much and how often are bonuses being awarded?
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"Agricultural Engineer" is considered to be a moderate bonus-based job. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.
67% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 33% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 4% to 5% of their annual salary.
| Received Bonus | 33% | |
| No Bonus | 67% |
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.
Agricultural Engineer Salary Trend and Forecast in Suriname
How are Agricultural Engineer salaries changing over time? Listed below is a chart that shows the average salary in recent years.
| Average Salary 2019 | 4,160 SRD | |
| Average Salary 2020 | +2% | 4,240 SRD |
| Average Salary 2021 | +2% | 4,330 SRD |
| Average Salary 2022 | +2% | 4,440 SRD |
Agricultural Engineer salaries in Suriname are on the rise in the year 2023 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2022 are 2% 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.
Agricultural Engineer Average Hourly Wage in Suriname
26 SRD per hourThe average hourly wage (pay per hour) in Suriname is 26 SRD. This means that the average Agricultural Engineer in Suriname earns approximately 26 SRD for every worked hour.
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?
The minimum pay rate per hour for 'Agricultural Engineer' in Suriname is 14 SRD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Agricultural Engineer VS Other Jobs
The average salary for Agricultural Engineer is 47% more than that of Gardening / Farming / Fishing. Also, Gardening / Farming / Fishing salaries are 40% less than those of All Jobs.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Agricultural and Food Science Technician | 3,400 SRD |  -25% |
| Agricultural and Food Scientist | 7,930 SRD |  +74% |
| Agricultural Consultant | 7,360 SRD | +61% |
| Agricultural Engineer | 4,560 SRD | = |
| Agricultural Inspector | 4,360 SRD | -4% |
| Agricultural Manager | 7,790 SRD | +71% |
| Agronomist | 6,570 SRD | +44% |
| Animal Attendant | 2,300 SRD | -50% |
| Animal Nutritionist | 4,540 SRD | -0% |
| Animal Trainer | 2,700 SRD | -41% |
| Aquaculture and Seafood Farmer | 2,640 SRD | -42% |
| Bee Keeper | 1,460 SRD | -68% |
| Commercial Horticulturist | 3,560 SRD | -22% |
| Diver | 2,420 SRD | -47% |
| Farm Manager | 6,090 SRD | +34% |
| Farmer | 1,650 SRD | -64% |
| Floral Designer | 1,980 SRD | -57% |
| Foreman | 1,400 SRD | -69% |
| Forestry and Logging Worker | 1,390 SRD | -70% |
| Garden Center Helper | 1,440 SRD | -68% |
| Garden Centre Manager | 3,920 SRD | -14% |
| Gardener | 1,530 SRD | -66% |
| General Farm Assistant | 1,580 SRD | -65% |
| Greenhouse Assistant | 1,500 SRD | -67% |
| Greenhouse Manager | 3,520 SRD | -23% |
| Groundsman | 1,490 SRD | -67% |
| Grower | 1,640 SRD | -64% |
| Horticultural Worker | 1,470 SRD | -68% |
| Tree Pruner | 1,470 SRD | -68% |
| Tree Specialist | 2,460 SRD | -46% |
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 Suriname earn 17% more than their private sector counterparts on average across all sectors.
| Private Sector | 4,780 SRD | |
| Public Sector | +17% | 5,600 SRD |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for Agricultural Engineer in Suriname?
A good and competitive compensation would range anywhere between 4,080 SRD and 4,600 SRD. 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 Agricultural Engineer in Suriname is ranges from 3,410 SRD to 4,600 SRD. 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
