A person working as a Condition Monitoring Engineer in Sweden typically earns around 37,000 SEK per month. Salaries range from 18,900 SEK (lowest) to 57,000 SEK (highest).
This is the average monthly salary including housing, transport, and other benefits. Condition Monitoring Engineer salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Condition Monitoring Engineer salaries in Sweden range from 18,900 SEK per month (minimum salary) to 57,000 SEK per month (maximum salary).
The median salary is 36,200 SEK per month, which means that half (50%) of people working as Condition Monitoring Engineer(s) are earning less than 36,200 SEK while the other half are earning more than 36,200 SEK. 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.
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Condition Monitoring Engineer(s) are earning less than 24,800 SEK while 75% of them are earning more than 24,800 SEK. Also from the diagram, 75% of Condition Monitoring Engineer(s) are earning less than 45,700 SEK while 25% are earning more than 45,700 SEK.
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
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 Condition Monitoring Engineer salaries by experience level and this is what we found.
A Condition Monitoring Engineer with less than two years of experience makes approximately 21,100 SEK per month.
While someone with an experience level between two and five years is expected to earn 27,600 SEK per month, 31% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 38,700 SEK per month, 40% more than someone with two to five years of experience.
Additionally, Condition Monitoring Engineer(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 46,500 SEK per month, 20% 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 50,500 SEK per month, 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 54,500 SEK per month, 8% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+31%|
|5 - 10 Years||+40%|
|10 - 15 Years||+20%|
|15 - 20 Years||+9%|
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 Condition Monitoring Engineer salaries by education level in order to make a comparison.
When the education level is Bachelor's Degree, the average salary of a Condition Monitoring Engineer is 26,100 SEK per month.
While someone with a Master's Degree gets a salary of 46,300 SEK per month, 77% more than someone having a Bachelor's Degree degree.
A Master's degree program or any post-graduate program in Sweden costs anywhere from 226,000 Swedish Krona(s) to 677,000 Swedish Krona(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.
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Condition Monitoring Engineer employees in Sweden earn 5% more than their female counterparts on average.
Condition Monitoring Engineer(s) in Sweden are likely to observe a salary increase of approximately 10% every 16 months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.
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.
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
Listed above are the average annual increase rates for each industry in Sweden for the year 2021. 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.
A Condition Monitoring Engineer is considered to be a moderate 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.
44% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 56% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.
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.
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.
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.
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.
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.
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.
The average salary for Condition Monitoring Engineer is 3% less than that of Engineering. Also, Engineering salaries are 16% less than those of All Jobs.
|Job Title||Average Salary|
|Acoustics Engineer||38,800 SEK||+5%|
|Assembly Engineering Technician||32,700 SEK||-12%|
|Assistant Chief Engineer||47,900 SEK||+30%|
|Associate Engineer||37,400 SEK||+1%|
|Autocad Operator||26,600 SEK||-28%|
|Automation Engineer||45,400 SEK||+23%|
|Avionic System Support Engineer||40,900 SEK||+11%|
|Biochemical Engineer||39,600 SEK||+7%|
|BMS Engineer||36,600 SEK||-1%|
|Bridge and Lock Tender||22,000 SEK||-41%|
|Broadcast Engineer||40,400 SEK||+9%|
|CAD Design Engineer||44,400 SEK||+20%|
|CAD Designer||27,200 SEK||-26%|
|CAE Engineer||40,000 SEK||+8%|
|Ceramics Engineer||39,500 SEK||+7%|
|Civil Engineer||40,700 SEK||+10%|
|Commissioning Engineer||39,700 SEK||+7%|
|Communications Engineer||45,000 SEK||+22%|
|Condition Monitoring Engineer||37,000 SEK||+0%|
|Contract Associate Engineer||40,300 SEK||+9%|
|Control Systems Engineer||41,700 SEK||+13%|
|Controls Engineer||38,800 SEK||+5%|
|Controls Software Engineer||37,700 SEK||+2%|
|Corrosion Engineer||38,800 SEK||+5%|
|Design Engineer||40,800 SEK||+10%|
|Drafting Manager||47,100 SEK||+27%|
|Drilling Engineer||39,100 SEK||+6%|
|Electrical Draughtsman||20,200 SEK||-45%|
|Electrical Engineer||44,600 SEK||+21%|
|Electrical Engineering Manager||58,900 SEK||+59%|
|Electromechanical Engineering Technologist||46,200 SEK||+25%|
|Electromechanical Equipment Assembler||22,800 SEK||-38%|
|Energy Engineer||44,800 SEK||+21%|
|Engine Assembler||17,900 SEK||-52%|
|Engineering Account Manager||45,700 SEK||+24%|
|Engineering Chief Designer||48,100 SEK||+30%|
|Engineering Consultant||55,100 SEK||+49%|
|Engineering Key Account Manager||60,900 SEK||+65%|
|Engineering Lab Technician||37,900 SEK||+2%|
|Engineering Planning Manager||57,900 SEK||+57%|
|Engineering Production Manager||73,000 SEK||+97%|
|Engineering Project Analyst||48,100 SEK||+30%|
|Engineering Project Coordinator||49,400 SEK||+34%|
|Engineering Project Director||82,700 SEK||+120%|
|Engineering Project Manager||55,900 SEK||+51%|
|Engineering Research and Development Manager||64,200 SEK||+74%|
|Engineering Safety Coordinator||31,600 SEK||-15%|
|Engineering Sales Manager||58,100 SEK||+57%|
|Engineering Technician||31,000 SEK||-16%|
|Engineering Technologist||30,800 SEK||-17%|
|Environmental Engineer||40,900 SEK||+11%|
|Equipment Engineer||38,400 SEK||+4%|
|Equipment Engineering Manager||56,000 SEK||+51%|
|Fabrication Specialist||28,900 SEK||-22%|
|Facade Engineer||38,600 SEK||+4%|
|Fiber Analyst||23,600 SEK||-36%|
|Field Engineer||44,600 SEK||+21%|
|Field Engineering Manager||73,100 SEK||+98%|
|Fire Engineer||43,100 SEK||+17%|
|Fitter and Turner||13,900 SEK||-62%|
|Forestry Strategic Planner||48,600 SEK||+31%|
|Generation Engineer||42,600 SEK||+15%|
|Genetic Engineer||47,700 SEK||+29%|
|Geological Engineer||43,700 SEK||+18%|
|Geotechnical Engineer||42,000 SEK||+14%|
|Heavy Equipment Mechanic||22,500 SEK||-39%|
|Highway Engineer||39,700 SEK||+7%|
|HSE Professional||38,000 SEK||+3%|
|HVAC Engineer||42,800 SEK||+16%|
|HVAC Supervisor||36,900 SEK||-0%|
|Industrial Engineer||39,100 SEK||+6%|
|Industrial Engineering Technologist||38,500 SEK||+4%|
|Instrument Engineer||41,000 SEK||+11%|
|Instrumentation and Control Engineer||39,900 SEK||+8%|
|Instrumentation Engineer||39,500 SEK||+7%|
|Instrumentation Manager||40,700 SEK||+10%|
|Irrigation Engineer||39,800 SEK||+8%|
|Licensed Aircraft Engineer||46,600 SEK||+26%|
|Locomotive Engineer||40,100 SEK||+8%|
|Maintenance Engineer||38,800 SEK||+5%|
|Maintenance Fitter||14,800 SEK||-60%|
|Maintenance Manager||40,200 SEK||+9%|
|Manufacturing Engineer||40,200 SEK||+9%|
|Marine Engineer||42,300 SEK||+14%|
|Materials Engineer||41,600 SEK||+12%|
|Materials Researcher||36,900 SEK||-0%|
|Materials Technician||31,200 SEK||-16%|
|Mechanical and Electrical Engineer||43,100 SEK||+17%|
|Mechanical Design Engineer||42,600 SEK||+15%|
|Mechanical Designer||34,800 SEK||-6%|
|Mechanical Engineer||45,600 SEK||+23%|
|Mechanical Engineering Manager||60,600 SEK||+64%|
|Mechanical Inspector||38,600 SEK||+4%|
|Mechatronics Engineer||43,000 SEK||+16%|
|Mining Engineer||40,300 SEK||+9%|
|Oil and Petrochemical Engineer||43,400 SEK||+17%|
|Optical Engineer||38,700 SEK||+5%|
|Optical Instrument Assembler||20,400 SEK||-45%|
|PCB Assembler||15,000 SEK||-59%|
|Photonics Engineer||47,000 SEK||+27%|
|Photonics Technician||38,700 SEK||+5%|
|Pipeline Engineer||39,300 SEK||+6%|
|Piping Designer||23,500 SEK||-36%|
|Piping Engineer||36,200 SEK||-2%|
|Planning Engineer||41,700 SEK||+13%|
|Pressure Vessel Inspector||19,100 SEK||-48%|
|Principal Cost Engineer||40,000 SEK||+8%|
|Principal Engineer||42,000 SEK||+14%|
|Principal Support Engineer||42,400 SEK||+15%|
|Process Engineer||39,700 SEK||+7%|
|Process Operator||24,000 SEK||-35%|
|Product Development Engineer||42,100 SEK||+14%|
|Product Development Technician||28,700 SEK||-22%|
|Product Engineer||42,500 SEK||+15%|
|Product Safety Engineer||41,100 SEK||+11%|
|Production Engineer||41,000 SEK||+11%|
|Project Engineer||43,600 SEK||+18%|
|Proposal Manager||52,600 SEK||+42%|
|Purchasing Engineer||36,600 SEK||-1%|
|Quality Assurance Engineer||41,200 SEK||+11%|
|Rail Engineer||42,300 SEK||+14%|
|Robotics Engineer||45,200 SEK||+22%|
|Robotics Technician||33,000 SEK||-11%|
|Safety Engineer||42,300 SEK||+14%|
|Safety Inspector||31,800 SEK||-14%|
|Safety Manager||47,000 SEK||+27%|
|Safety Officer||21,700 SEK||-41%|
|Sales Engineer||42,200 SEK||+14%|
|Scheduling Engineer||38,300 SEK||+4%|
|Service Engineer||43,500 SEK||+18%|
|Solar Engineer||44,800 SEK||+21%|
|Staff Engineer||42,400 SEK||+15%|
|Static Equipment Engineer||39,100 SEK||+6%|
|Stationary Engineer||37,300 SEK||+1%|
|Stress Engineer||37,000 SEK||+0%|
|Structural Analysis Engineer||39,400 SEK||+7%|
|Structural Designer||35,900 SEK||-3%|
|Structural Engineer||39,700 SEK||+7%|
|Structural Technician||26,300 SEK||-29%|
|Supply Chain Specialist||42,200 SEK||+14%|
|Technical Affairs Officer||21,400 SEK||-42%|
|Technical Assistant||22,000 SEK||-41%|
|Technical Engineer||34,500 SEK||-7%|
|Technical Support Engineer||37,000 SEK||+0%|
|Tender Engineer||35,700 SEK||-3%|
|Test Development Engineer||38,700 SEK||+5%|
|Transportation Engineer||40,500 SEK||+10%|
|Validation Engineer||36,200 SEK||-2%|
|Verification Engineer||39,000 SEK||+5%|
|Wastewater Engineer||38,900 SEK||+5%|
|Wind Energy Engineer||42,800 SEK||+16%|
|Wind Energy Operations Manager||56,500 SEK||+53%|
|Work Planner||27,900 SEK||-25%|
Where can you get paid more, working for a private company or for the government? Public sector employees in Sweden earn 5% more than their private sector counterparts on average across all sectors.