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Laboratory Technician Average Salary in Suriname 2021

How much money does a Laboratory Technician make in Suriname?


Average Monthly Salary
4,020 SRD
( 48,300 SRD yearly)

LOW
2,010
SRD
AVERAGE
4,020
SRD
HIGH
6,240
SRD

A person working as a Laboratory Technician in Suriname typically earns around 4,020 SRD per month. Salaries range from 2,010 SRD (lowest) to 6,240 SRD (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 Suriname

Median and salary distribution monthly Suriname Laboratory Technician
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The median, the maximum, the minimum, and the range

  • Salary Range

    Laboratory Technician salaries in Suriname range from 2,010 SRD per month (minimum salary) to 6,240 SRD per month (maximum salary).

  • Median Salary

    The median salary is 4,020 SRD per month, which means that half (50%) of people working as Laboratory Technician(s) are earning less than 4,020 SRD while the other half are earning more than 4,020 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

    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 2,720 SRD while 75% of them are earning more than 2,720 SRD. Also from the diagram, 75% of Laboratory Technician(s) are earning less than 5,130 SRD while 25% are earning more than 5,130 SRD.


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?

Salary comparison by years of experience monthly Suriname Laboratory Technician
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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 Laboratory Technician salaries by experience level and this is what we found.

A Laboratory Technician with less than two years of experience makes approximately 2,410 SRD per month.

While someone with an experience level between two and five years is expected to earn 3,200 SRD 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 4,270 SRD per month, 34% 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, Laboratory Technician(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 5,100 SRD 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 5,500 SRD 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 5,900 SRD per month, 7% more than people with fifteen to twenty years of experience.


Laboratory Technician average salary change by experience in Suriname

0 - 2 Years
2,410 SRD
2 - 5 Years+32%
3,200 SRD
5 - 10 Years+34%
4,270 SRD
10 - 15 Years+19%
5,100 SRD
15 - 20 Years+8%
5,500 SRD
20+ Years+7%
5,900 SRD
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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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.

Salary comparison by education level monthly Suriname Laboratory Technician
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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 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 3,450 SRD per month.

While someone with a Master's Degree gets a salary of 5,430 SRD per month, 58% more than someone having a Bachelor's Degree degree.


Laboratory Technician average salary difference by education level in Suriname

Bachelor's Degree
3,450 SRD
Master's Degree+58%
5,430 SRD
Percentage increase and decrease are relative to the previous value

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 Comparison By Education Level
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Laboratory Technician Salary Comparison By Gender

Salary comparison by gender monthly Suriname Laboratory Technician
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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 Laboratory Technician employees in Suriname earn 5% more than their female counterparts on average.

Male
4,120 SRD
Female-5%
3,910 SRD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Suriname for all Careers

Salary comparison by gender monthly Suriname
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Laboratory Technician Average Annual Salary Increment Percentage in Suriname

How much are annual salary increments in Suriname for Laboratory Technician(s)? How often do employees get salary raises?

Laboratory Technician

Laboratory Technician(s) in Suriname 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.

Annual Salary Increment Rate Suriname Laboratory Technician
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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.

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

The average salary increase in one year (12 months) in Suriname is 2%.

Annual Increment Rate By Industry 2020

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 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

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Laboratory Technician Bonus and Incentive Rates in Suriname

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Suriname Laboratory Technician
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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.

88% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 12% 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
12%
No Bonus
88%

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.

Laboratory Technician Average Hourly Wage in Suriname


23 SRD per hour

The average hourly wage (pay per hour) in Suriname is 23 SRD. This means that the average Laboratory Technician in Suriname earns approximately 23 SRD 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.

Laboratory Technician VS Other Jobs

Salary Comparison Between Laboratory Technician and Health and Medical monthly Suriname
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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 TitleAverage Salary
Academic Clinician10,200 SRD+150%
Admitting Officer3,940 SRD-2%
Ambulance Dispatcher4,090 SRD+2%
Ambulance Driver3,780 SRD-6%
Ambulance Officer and Paramedic4,480 SRD+11%
Ambulatory Services Director8,320 SRD+110%
Anatomic Pathology Supervisor9,460 SRD+140%
Anesthesia Technician6,020 SRD+50%
Anesthesiologist17,200 SRD+330%
Anesthesiology Assistant6,040 SRD+50%
Assistant Optometrist4,480 SRD+11%
Audiologist9,850 SRD+140%
Biomedical Engineering Director7,010 SRD+74%
Biomedical Engineering Technician3,700 SRD-8%
Cardiac Technician3,600 SRD-11%
Cardiovascular Specialist21,400 SRD+430%
Cardiovascular Technologist8,150 SRD+100%
Central Sterile Processing Technician4,340 SRD+8%
Charge Entry Specialist4,910 SRD+22%
Clinical Application Specialist4,750 SRD+18%
Clinical Biochemist9,640 SRD+140%
Clinical Cytogeneticist7,480 SRD+86%
Clinical Data Reviewer4,780 SRD+19%
Clinical Development Specialist6,000 SRD+49%
Clinical Field Associate4,830 SRD+20%
Clinical Genetic Technologist7,690 SRD+91%
Clinical Microbiologist9,910 SRD+150%
Clinical Molecular Geneticist8,310 SRD+110%
Clinical Neuropsychologist11,000 SRD+170%
Clinical Research Coordinator5,910 SRD+47%
Clinical Scientist10,300 SRD+160%
CME Specialist8,740 SRD+120%
CT Technologist4,760 SRD+18%
Cytogenetic Technologist7,140 SRD+77%
Diagnostic Medical Sonographer6,220 SRD+55%
Dispensing Optician4,820 SRD+20%
Dosimetrist6,750 SRD+68%
EKG Technician4,850 SRD+21%
Endoscopic Assistant4,230 SRD+5%
Endoscopy Technician4,140 SRD+3%
Enterostomal Therapist6,710 SRD+67%
Epidemiologist9,030 SRD+120%
FGP Ultrasound Techncian4,390 SRD+9%
Health Systems Specialist6,410 SRD+59%
Health Technologist7,240 SRD+80%
Healthcare Data Analyst5,310 SRD+32%
Hearing Aid Specialist5,210 SRD+29%
Histotechnologist6,440 SRD+60%
Immunologist9,960 SRD+150%
Industrial Hygienist6,720 SRD+67%
Infection Control Coordinator4,930 SRD+23%
Infection Control Practitioner10,700 SRD+170%
Infection Preventionist7,760 SRD+93%
Informatics Practice Specialist5,980 SRD+49%
Interventional Radiographer8,420 SRD+110%
Lab Assistant4,140 SRD+3%
Laboratory Manager7,600 SRD+89%
Laboratory Technician4,020 SRD-0%
Low Vision Therapist8,790 SRD+120%
Mammography Technician4,140 SRD+3%
Medical Coder3,610 SRD-10%
Medical Courier2,840 SRD-29%
Medical Equipment Preparer4,390 SRD+9%
Medical Forms Designer3,380 SRD-16%
Medical Technologist4,610 SRD+15%
MRI Technologist4,300 SRD+7%
Music Therapist6,260 SRD+56%
Neonatologist11,100 SRD+180%
Neurodiagnostic Techncian4,170 SRD+4%
Neuropsychology Testing Assistant3,780 SRD-6%
Nuclear Medical Technician6,020 SRD+50%
Nuclear Medicine Technolgoist5,960 SRD+48%
Nutrition Assistant3,980 SRD-1%
Occupaitional Therapy Assistant4,310 SRD+7%
Operating Room Scheduler4,010 SRD-0%
Operating Room Services Director12,500 SRD+210%
Ophthalmic Assistant4,620 SRD+15%
Ophthalmic Laboratory Technician4,650 SRD+16%
Optician9,730 SRD+140%
Orthopedic Technician4,680 SRD+16%
Orthoptist11,900 SRD+200%
Orthotist12,000 SRD+200%
Pathology Assistant4,010 SRD-0%
Perfusionist13,700 SRD+240%
Phlebotomist3,050 SRD-24%
Pre Authorization Case Manager6,360 SRD+58%
Prosthetist9,640 SRD+140%
Radiation Therapist14,100 SRD+250%
Radiation Therapy Technologist5,900 SRD+47%
Radiographer9,220 SRD+130%
Radiography Technologist5,940 SRD+48%
Radiologic Technologist5,950 SRD+48%
Radiology Technologist6,140 SRD+53%
Respiratory Care Practitioner10,800 SRD+170%
Respiratory Therapist8,000 SRD+99%
Respiratory Therapy Technician4,810 SRD+20%
Sonographer5,920 SRD+47%
Sonography Technologist6,220 SRD+55%
Speech and Language Pathologist8,690 SRD+120%
Ultrasonographer4,730 SRD+18%
Ultrasound Technologist4,470 SRD+11%
Vascular Technologist4,260 SRD+6%
X-Ray Technologist5,720 SRD+42%

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
Percentage increase and decrease are relative to the previous value
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