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 salaries in Trinidad and Tobago range from 3,880 TTD per month (minimum salary) to 11,400 TTD per month (maximum 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.
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.
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 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.
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.
|0 - 2 Years|
|2 - 5 Years||+34%|
|5 - 10 Years||+30%|
|10 - 15 Years||+21%|
|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 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.
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.
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.
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.
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 Trinidad and Tobago 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.
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.
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 Laboratory Technician is 39% less than that of Healthcare Technical. Also, Healthcare Technical salaries are 17% less than those of Health and Medical.
|Job Title||Average Salary|
|Academic Clinician||18,900 TTD||+150%|
|Admitting Officer||7,730 TTD||+4%|
|Ambulance Dispatcher||7,580 TTD||+2%|
|Ambulance Driver||7,090 TTD||-5%|
|Ambulance Officer and Paramedic||7,850 TTD||+5%|
|Ambulatory Services Director||14,800 TTD||+99%|
|Anatomic Pathology Supervisor||18,100 TTD||+140%|
|Anesthesia Technician||10,800 TTD||+45%|
|Anesthesiology Assistant||11,100 TTD||+49%|
|Assistant Optometrist||8,440 TTD||+13%|
|Biomedical Engineering Director||14,100 TTD||+89%|
|Biomedical Engineering Technician||7,550 TTD||+1%|
|Cardiac Technician||6,730 TTD||-10%|
|Cardiovascular Specialist||37,400 TTD||+400%|
|Cardiovascular Technologist||14,500 TTD||+95%|
|Central Sterile Processing Technician||8,860 TTD||+19%|
|Charge Entry Specialist||9,540 TTD||+28%|
|Clinical Application Specialist||9,140 TTD||+23%|
|Clinical Biochemist||17,700 TTD||+140%|
|Clinical Cytogeneticist||15,400 TTD||+110%|
|Clinical Data Reviewer||9,320 TTD||+25%|
|Clinical Development Specialist||11,900 TTD||+60%|
|Clinical Field Associate||9,670 TTD||+30%|
|Clinical Genetic Technologist||14,100 TTD||+89%|
|Clinical Microbiologist||18,700 TTD||+150%|
|Clinical Molecular Geneticist||15,900 TTD||+110%|
|Clinical Neuropsychologist||21,200 TTD||+180%|
|Clinical Research Coordinator||10,500 TTD||+41%|
|Clinical Scientist||19,900 TTD||+170%|
|CME Specialist||16,300 TTD||+120%|
|CT Technologist||8,890 TTD||+19%|
|Cytogenetic Technologist||13,500 TTD||+81%|
|Diagnostic Medical Sonographer||11,100 TTD||+49%|
|Dispensing Optician||8,740 TTD||+17%|
|EKG Technician||8,910 TTD||+20%|
|Endoscopic Assistant||8,520 TTD||+14%|
|Endoscopy Technician||7,840 TTD||+5%|
|Enterostomal Therapist||12,900 TTD||+73%|
|FGP Ultrasound Techncian||8,010 TTD||+7%|
|Health Systems Specialist||11,700 TTD||+57%|
|Health Technologist||13,300 TTD||+78%|
|Healthcare Data Analyst||10,000 TTD||+34%|
|Hearing Aid Specialist||10,100 TTD||+35%|
|Industrial Hygienist||13,200 TTD||+77%|
|Infection Control Coordinator||8,890 TTD||+19%|
|Infection Control Practitioner||20,300 TTD||+170%|
|Infection Preventionist||14,800 TTD||+99%|
|Informatics Practice Specialist||10,800 TTD||+45%|
|Interventional Radiographer||16,500 TTD||+120%|
|Lab Assistant||7,620 TTD||+2%|
|Laboratory Manager||13,900 TTD||+86%|
|Laboratory Technician||7,460 TTD||+0%|
|Low Vision Therapist||17,100 TTD||+130%|
|Mammography Technician||7,870 TTD||+6%|
|Medical Coder||6,810 TTD||-9%|
|Medical Courier||5,430 TTD||-27%|
|Medical Equipment Preparer||7,510 TTD||+1%|
|Medical Forms Designer||6,670 TTD||-11%|
|Medical Technologist||8,150 TTD||+9%|
|MRI Technologist||7,490 TTD||+0%|
|Music Therapist||11,000 TTD||+48%|
|Neurodiagnostic Techncian||7,780 TTD||+4%|
|Neuropsychology Testing Assistant||7,330 TTD||-2%|
|Nuclear Medical Technician||10,600 TTD||+42%|
|Nuclear Medicine Technolgoist||11,000 TTD||+48%|
|Nutrition Assistant||7,950 TTD||+7%|
|Occupaitional Therapy Assistant||8,210 TTD||+10%|
|Operating Room Scheduler||7,170 TTD||-4%|
|Operating Room Services Director||22,700 TTD||+200%|
|Ophthalmic Assistant||8,090 TTD||+9%|
|Ophthalmic Laboratory Technician||8,250 TTD||+11%|
|Orthopedic Technician||8,600 TTD||+15%|
|Pathology Assistant||8,240 TTD||+11%|
|Pre Authorization Case Manager||10,900 TTD||+46%|
|Radiation Therapist||26,500 TTD||+260%|
|Radiation Therapy Technologist||11,100 TTD||+49%|
|Radiography Technologist||11,400 TTD||+53%|
|Radiologic Technologist||11,100 TTD||+49%|
|Radiology Technologist||10,700 TTD||+44%|
|Respiratory Care Practitioner||20,100 TTD||+170%|
|Respiratory Therapist||15,300 TTD||+110%|
|Respiratory Therapy Technician||9,030 TTD||+21%|
|Sonography Technologist||11,100 TTD||+49%|
|Speech and Language Pathologist||16,600 TTD||+120%|
|Ultrasound Technologist||8,650 TTD||+16%|
|Vascular Technologist||7,760 TTD||+4%|
|X-Ray Technologist||11,200 TTD||+50%|
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.