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Laboratory Technician Average Salary in Trinidad and Tobago 2020

How much money does a Laboratory Technician make in Trinidad and Tobago?


Average Monthly Salary
7,460 TTD
( 89,500 TTD yearly)

LOW
3,880
TTD
AVERAGE
7,460
TTD
HIGH
11,400
TTD

A person working as a Laboratory Technician in Trinidad and Tobago typically earns around 7,460 TTD per month. Salaries range from 3,880 TTD (lowest) to 11,400 TTD (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 Trinidad and Tobago

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

  • Salary Range

    Laboratory Technician salaries in Trinidad and Tobago range from 3,880 TTD per month (minimum salary) to 11,400 TTD per month (maximum salary).

  • Median Salary

    The median salary is 7,160 TTD per month, which means that half (50%) of people working as Laboratory Technician(s) are earning less than 7,160 TTD while the other half are earning more than 7,160 TTD. 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 4,970 TTD while 75% of them are earning more than 4,970 TTD. Also from the diagram, 75% of Laboratory Technician(s) are earning less than 8,910 TTD while 25% are earning more than 8,910 TTD.


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 Trinidad and Tobago 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 4,400 TTD per month.

While someone with an experience level between two and five years is expected to earn 5,910 TTD per month, 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 7,680 TTD per month, 30% 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 9,300 TTD per month, 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 10,200 TTD 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 10,700 TTD per month, 5% more than people with fifteen to twenty years of experience.


Laboratory Technician average salary change by experience in Trinidad and Tobago

0 - 2 Years
4,400 TTD
2 - 5 Years+34%
5,910 TTD
5 - 10 Years+30%
7,680 TTD
10 - 15 Years+21%
9,300 TTD
15 - 20 Years+9%
10,200 TTD
20+ Years+5%
10,700 TTD
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 Trinidad and Tobago 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 6,210 TTD per month.

While someone with a Master's Degree gets a salary of 8,620 TTD per month, 39% more than someone having a Bachelor's Degree degree.


Laboratory Technician average salary difference by education level in Trinidad and Tobago

Bachelor's Degree
6,210 TTD
Master's Degree+39%
8,620 TTD
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 Trinidad and Tobago costs anywhere from 48,800 Trinidad and Tobago Dollar(s) to 147,000 Trinidad and Tobago 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 Trinidad and Tobago 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 Trinidad and Tobago earn 6% more than their female counterparts on average.

Male
7,710 TTD
Female-6%
7,250 TTD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Trinidad and Tobago for all Careers

Salary comparison by gender monthly Trinidad and Tobago
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Laboratory Technician Average Annual Salary Increment Percentage in Trinidad and Tobago

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

Laboratory Technician

Laboratory Technician(s) in Trinidad and Tobago are likely to observe a salary increase of approximately 5% every 29 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.

Annual Salary Increment Rate Trinidad and Tobago 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.

Trinidad and Tobago / 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 Trinidad and Tobago is 2%.

Annual Increment Rate By Industry 2019

Banking
3%
Energy
6%
Information Technology
9%
Healthcare
3%
Travel
6%
Construction
9%
Education
3%

Listed above are the average annual increase rates for each industry in Trinidad and Tobago for the year 2019. 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 Trinidad and Tobago

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Trinidad and Tobago 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.

90% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 10% 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
10%
No Bonus
90%

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 Trinidad and Tobago


43 TTD per hour

The average hourly wage (pay per hour) in Trinidad and Tobago is 43 TTD. This means that the average Laboratory Technician in Trinidad and Tobago earns approximately 43 TTD 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 Trinidad and Tobago
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The average salary for Laboratory Technician is 39% 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 Clinician18,900 TTD+150%
Admitting Officer7,730 TTD+4%
Ambulance Dispatcher7,580 TTD+2%
Ambulance Driver7,090 TTD-5%
Ambulance Officer and Paramedic7,850 TTD+5%
Ambulatory Services Director14,800 TTD+99%
Anatomic Pathology Supervisor18,100 TTD+140%
Anesthesia Technician10,800 TTD+45%
Anesthesiologist30,300 TTD+310%
Anesthesiology Assistant11,100 TTD+49%
Assistant Optometrist8,440 TTD+13%
Audiologist18,400 TTD+150%
Biomedical Engineering Director14,100 TTD+89%
Biomedical Engineering Technician7,550 TTD+1%
Cardiac Technician6,730 TTD-10%
Cardiovascular Specialist37,400 TTD+400%
Cardiovascular Technologist14,500 TTD+95%
Central Sterile Processing Technician8,860 TTD+19%
Charge Entry Specialist9,540 TTD+28%
Clinical Application Specialist9,140 TTD+23%
Clinical Biochemist17,700 TTD+140%
Clinical Cytogeneticist15,400 TTD+110%
Clinical Data Reviewer9,320 TTD+25%
Clinical Development Specialist11,900 TTD+60%
Clinical Field Associate9,670 TTD+30%
Clinical Genetic Technologist14,100 TTD+89%
Clinical Microbiologist18,700 TTD+150%
Clinical Molecular Geneticist15,900 TTD+110%
Clinical Neuropsychologist21,200 TTD+180%
Clinical Research Coordinator10,500 TTD+41%
Clinical Scientist19,900 TTD+170%
CME Specialist16,300 TTD+120%
CT Technologist8,890 TTD+19%
Cytogenetic Technologist13,500 TTD+81%
Diagnostic Medical Sonographer11,100 TTD+49%
Dispensing Optician8,740 TTD+17%
Dosimetrist12,600 TTD+69%
EKG Technician8,910 TTD+20%
Endoscopic Assistant8,520 TTD+14%
Endoscopy Technician7,840 TTD+5%
Enterostomal Therapist12,900 TTD+73%
Epidemiologist15,600 TTD+110%
FGP Ultrasound Techncian8,010 TTD+7%
Health Systems Specialist11,700 TTD+57%
Health Technologist13,300 TTD+78%
Healthcare Data Analyst10,000 TTD+34%
Hearing Aid Specialist10,100 TTD+35%
Histotechnologist12,200 TTD+64%
Immunologist18,500 TTD+150%
Industrial Hygienist13,200 TTD+77%
Infection Control Coordinator8,890 TTD+19%
Infection Control Practitioner20,300 TTD+170%
Infection Preventionist14,800 TTD+99%
Informatics Practice Specialist10,800 TTD+45%
Interventional Radiographer16,500 TTD+120%
Lab Assistant7,620 TTD+2%
Laboratory Manager13,900 TTD+86%
Laboratory Technician7,460 TTD+0%
Low Vision Therapist17,100 TTD+130%
Mammography Technician7,870 TTD+6%
Medical Coder6,810 TTD-9%
Medical Courier5,430 TTD-27%
Medical Equipment Preparer7,510 TTD+1%
Medical Forms Designer6,670 TTD-11%
Medical Technologist8,150 TTD+9%
MRI Technologist7,490 TTD+0%
Music Therapist11,000 TTD+48%
Neonatologist20,400 TTD+170%
Neurodiagnostic Techncian7,780 TTD+4%
Neuropsychology Testing Assistant7,330 TTD-2%
Nuclear Medical Technician10,600 TTD+42%
Nuclear Medicine Technolgoist11,000 TTD+48%
Nutrition Assistant7,950 TTD+7%
Occupaitional Therapy Assistant8,210 TTD+10%
Operating Room Scheduler7,170 TTD-4%
Operating Room Services Director22,700 TTD+200%
Ophthalmic Assistant8,090 TTD+9%
Ophthalmic Laboratory Technician8,250 TTD+11%
Optician17,600 TTD+140%
Orthopedic Technician8,600 TTD+15%
Orthoptist21,500 TTD+190%
Orthotist21,900 TTD+190%
Pathology Assistant8,240 TTD+11%
Perfusionist24,300 TTD+230%
Phlebotomist5,840 TTD-22%
Pre Authorization Case Manager10,900 TTD+46%
Prosthetist19,000 TTD+150%
Radiation Therapist26,500 TTD+260%
Radiation Therapy Technologist11,100 TTD+49%
Radiographer19,000 TTD+150%
Radiography Technologist11,400 TTD+53%
Radiologic Technologist11,100 TTD+49%
Radiology Technologist10,700 TTD+44%
Respiratory Care Practitioner20,100 TTD+170%
Respiratory Therapist15,300 TTD+110%
Respiratory Therapy Technician9,030 TTD+21%
Sonographer10,800 TTD+45%
Sonography Technologist11,100 TTD+49%
Speech and Language Pathologist16,600 TTD+120%
Ultrasonographer8,680 TTD+16%
Ultrasound Technologist8,650 TTD+16%
Vascular Technologist7,760 TTD+4%
X-Ray Technologist11,200 TTD+50%

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 Trinidad and Tobago earn 14% more than their private sector counterparts on average across all sectors.

Private Sector
9,280 TTD
Public Sector+14%
10,600 TTD
Percentage increase and decrease are relative to the previous value

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